| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| ABBOTT LABORATORIES | COM | 002824100 | 1,306 | 18,060 | SH | | DFND | 1 | 17,710 | 0 | 350 |
| ABBVIE INC | COM | 00287y109 | 1,020 | 11,060 | SH | | DFND | 1 | 10,860 | 0 | 200 |
| ABM INDUSTRIES INC | COM | 000957100 | 23,824 | 741,960 | SH | | DFND | 1 | 417,460 | 0 | 324,500 |
| ACTUANT CORP CL A | COM | 00508X203 | 15,919 | 758,409 | SH | | DFND | 1 | 433,829 | 0 | 324,580 |
| ADVANCED ENERGY INDUSTRIES INC | COM | 007973100 | 19,968 | 465,135 | SH | | DFND | 1 | 262,635 | 0 | 202,500 |
| ALBANY INTL CORP CL A | COM | 012348108 | 15,367 | 246,143 | SH | | DFND | 1 | 139,101 | 0 | 107,042 |
| ALPHABET INC - CLASS A | COM | 02079K305 | 1,504 | 1,439 | SH | | DFND | 1 | 1,429 | 0 | 10 |
| ALPHABET INC - CLASS C | COM | 02079K107 | 1,830 | 1,767 | SH | | DFND | 1 | 1,757 | 0 | 10 |
| AMDOCS LTD | COM | g02602103 | 129 | 2,201 | SH | | DFND | 1 | 2,201 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | 19 | 200 | SH | | DFND | 1 | 200 | 0 | 0 |
| AMERICAN INTL GROUP INC | COM | 026874784 | 1,391 | 35,300 | SH | | DFND | 1 | 34,625 | 0 | 675 |
| AMERIS BANCORP | COM | 03076k108 | 17,969 | 567,388 | SH | | DFND | 1 | 320,611 | 0 | 246,777 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 | 9,333 | 207,300 | SH | | DFND | 1 | 116,900 | 0 | 90,400 |
| ANTHEM INC | COM | 036752103 | 1,737 | 6,615 | SH | | DFND | 1 | 6,540 | 0 | 75 |
| APACHE CORP | COM | 037411105 | 753 | 28,686 | SH | | DFND | 1 | 28,462 | 0 | 224 |
| APPLE INC | COM | 037833100 | 4,020 | 25,483 | SH | | DFND | 1 | 24,973 | 0 | 510 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 | 6,936 | 449,510 | SH | | DFND | 1 | 253,527 | 0 | 195,983 |
| ARCH CAPITAL GROUP LTD | COM | G0450A105 | 1,906 | 71,342 | SH | | DFND | 1 | 70,067 | 0 | 1,275 |
| ARGO GROUP INTERNATIONAL | COM | G0464B107 | 23,311 | 346,638 | SH | | DFND | 1 | 200,790 | 0 | 145,848 |
| ARMSTRONG WORLD INDUSTRIES | COM | 04247X102 | 4,074 | 69,987 | SH | | DFND | 1 | 18,042 | 0 | 51,945 |
| ASTEC INDUSTRIES INC | COM | 046224101 | 14,167 | 469,275 | SH | | DFND | 1 | 265,775 | 0 | 203,500 |
| ATKORE INTERNATIONAL GROUP, IN | COM | 047649108 | 21,525 | 1,084,915 | SH | | DFND | 1 | 612,131 | 0 | 472,784 |
| AVNET INC | COM | 053807103 | 224 | 6,201 | SH | | DFND | 1 | 6,201 | 0 | 0 |
| AXALTA COATING SYSTEMS LTD | COM | G0750C108 | 1,268 | 54,146 | SH | | DFND | 1 | 53,321 | 0 | 825 |
| BANC OF CALIFORNIA INC | COM | 05990K106 | 15,118 | 1,135,830 | SH | | DFND | 1 | 641,430 | 0 | 494,400 |
| BELDEN INC | COM | 077454106 | 19,563 | 468,356 | SH | | DFND | 1 | 264,230 | 0 | 204,126 |
| BENCHMARK ELECTRONICS INC | COM | 08160H101 | 18,721 | 883,900 | SH | | DFND | 1 | 500,200 | 0 | 383,700 |
| BERKSHIRE HATHAWAY INC CL B | COM | 084670702 | 4,342 | 21,267 | SH | | DFND | 1 | 20,870 | 0 | 397 |
| BIO RAD LABS INC CL A | COM | 090572207 | 212 | 914 | SH | | DFND | 1 | 914 | 0 | 0 |
| BOJANGLES INC | COM | 097488100 | 10,964 | 681,862 | SH | | DFND | 1 | 371,044 | 0 | 310,818 |
| BOSTON PRIVATE FINANCIAL HOLDI | COM | 101119105 | 9,537 | 902,307 | SH | | DFND | 1 | 550,465 | 0 | 351,842 |
| BRADY CORP CL A | COM | 104674106 | 21,680 | 498,851 | SH | | DFND | 1 | 273,903 | 0 | 224,948 |
| BRANDYWINE REALTY TRUST | COM | 105368203 | 17,726 | 1,377,287 | SH | | DFND | 1 | 776,400 | 0 | 600,887 |
| BRIXMOR PROPERTY GROUP INC | COM | 11120U105 | 196 | 13,366 | SH | | DFND | 1 | 13,366 | 0 | 0 |
| BRYN MAWR BANK CORP | COM | 117665109 | 19,215 | 558,567 | SH | | DFND | 1 | 317,757 | 0 | 240,810 |
| CAMBREX CORP | COM | 132011107 | 11,546 | 305,765 | SH | | DFND | 1 | 171,734 | 0 | 134,031 |
| CAMDEN PROPERTY TRUST | COM | 133131102 | 174 | 1,980 | SH | | DFND | 1 | 1,980 | 0 | 0 |
| CAPITAL ONE FINL CORP COM | COM | 14040H105 | 1,725 | 22,824 | SH | | DFND | 1 | 22,424 | 0 | 400 |
| CARRIZO OIL & GAS INC | COM | 144577103 | 12,793 | 1,133,138 | SH | | DFND | 1 | 643,348 | 0 | 489,790 |
| CATCHMARK TIMBER TRUST INC | COM | 14912y202 | 10,389 | 1,463,185 | SH | | DFND | 1 | 815,800 | 0 | 647,385 |
| CATERPILLAR INC | COM | 149123101 | 1,602 | 12,610 | SH | | DFND | 1 | 12,310 | 0 | 300 |
| CBIZ INC | COM | 124805102 | 18,846 | 956,668 | SH | | DFND | 1 | 538,462 | 0 | 418,206 |
| CELANESE CORPORATION | COM | 150870103 | 125 | 1,390 | SH | | DFND | 1 | 1,390 | 0 | 0 |
| CHEVRON CORP | COM | 166764100 | 630 | 5,790 | SH | | DFND | 1 | 5,732 | 0 | 58 |
| CIMAREX ENERGY CO | COM | 171798101 | 620 | 10,055 | SH | | DFND | 1 | 9,855 | 0 | 200 |
| CISCO SYSTEMS INC | COM | 17275R102 | 698 | 16,102 | SH | | DFND | 1 | 15,827 | 0 | 275 |
| COCA-COLA CO | COM | 191216100 | 1,789 | 37,783 | SH | | DFND | 1 | 37,133 | 0 | 650 |
| COMPASS DIVERSIFIED HOLDINGS | COM | 20451Q104 | 12,524 | 1,005,942 | SH | | DFND | 1 | 562,722 | 0 | 443,220 |
| CONDUENT INC | COM | 206787103 | 17,058 | 1,604,700 | SH | | DFND | 1 | 902,900 | 0 | 701,800 |
| CONNECTONE BANCORP, INC | COM | 20786w107 | 18,316 | 991,653 | SH | | DFND | 1 | 562,278 | 0 | 429,375 |
| COOPER TIRE & RUBBER CO | COM | 216831107 | 18,727 | 579,249 | SH | | DFND | 1 | 325,949 | 0 | 253,300 |
| CROSS COUNTRY HEALTHCARE INC | COM | 227483104 | 6,783 | 925,400 | SH | | DFND | 1 | 520,300 | 0 | 405,100 |
| CYRUSONE INC | COM | 23283R100 | 136 | 2,578 | SH | | DFND | 1 | 2,578 | 0 | 0 |
| DIAMONDBACK ENERGY INC | COM | 25278X109 | 185 | 1,992 | SH | | DFND | 1 | 1,992 | 0 | 0 |
| DICK'S SPORTING GOODS INC | COM | 253393102 | 1,059 | 33,951 | SH | | DFND | 1 | 33,476 | 0 | 475 |
| DIGITAL REALTY TRUST INC | COM | 253868103 | 139 | 1,304 | SH | | DFND | 1 | 1,304 | 0 | 0 |
| DRIL-QUIP INC | COM | 262037104 | 14,455 | 481,348 | SH | | DFND | 1 | 270,448 | 0 | 210,900 |
| DSW INC | COM | 23334L102 | 16,923 | 685,129 | SH | | DFND | 1 | 386,400 | 0 | 298,729 |
| DUKE REALTY CORP | COM | 264411505 | 141 | 5,453 | SH | | DFND | 1 | 5,453 | 0 | 0 |
| DYCOM INDUSTRIES INC | COM | 267475101 | 11,010 | 203,740 | SH | | DFND | 1 | 115,440 | 0 | 88,300 |
| EARTHSTONE ENERGY INC | COM | 27032D304 | 5,236 | 1,158,400 | SH | | DFND | 1 | 651,700 | 0 | 506,700 |
| EAST WEST BANCORP INC | COM | 27579R104 | 229 | 5,266 | SH | | DFND | 1 | 5,266 | 0 | 0 |
| EL PASO ELECTRIC CO | COM | 283677854 | 17,009 | 339,295 | SH | | DFND | 1 | 190,995 | 0 | 148,300 |
| EMPIRE STATE REALTY TRUST A | COM | 292104106 | 18,624 | 1,308,777 | SH | | DFND | 1 | 738,552 | 0 | 570,225 |
| ENSIGN GROUP INC | COM | 29358P101 | 16,420 | 423,296 | SH | | DFND | 1 | 237,590 | 0 | 185,706 |
| ENTERPRISE FINANCIAL SERVICES | COM | 293712105 | 12,622 | 335,415 | SH | | DFND | 1 | 195,053 | 0 | 140,362 |
| ESCO TECHNOLOGIES INC | COM | 296315104 | 20,124 | 305,135 | SH | | DFND | 1 | 170,789 | 0 | 134,346 |
| EVERGY INC | COM | 30034W106 | 211 | 3,717 | SH | | DFND | 1 | 3,717 | 0 | 0 |
| EXTENDED STAY AMERICA | COM | 30224p200 | 17,682 | 1,140,760 | SH | | DFND | 1 | 647,860 | 0 | 492,900 |
| EXXON MOBIL CORP | COM | 30231G102 | 461 | 6,760 | SH | | DFND | 1 | 6,760 | 0 | 0 |
| FEDERAL SIGNAL CORP | COM | 313855108 | 20,413 | 1,025,800 | SH | | DFND | 1 | 574,700 | 0 | 451,100 |
| FIRST BANCORP | COM | 318910106 | 9,860 | 301,900 | SH | | DFND | 1 | 171,173 | 0 | 130,727 |
| FIRST INDUSTRIAL REALTY TRUST | COM | 32054K103 | 14,824 | 513,655 | SH | | DFND | 1 | 290,680 | 0 | 222,975 |
| FIRST MERCHANTS CORP | COM | 320817109 | 13,575 | 396,112 | SH | | DFND | 1 | 223,686 | 0 | 172,426 |
| FORMFACTOR INC | COM | 346375108 | 16,479 | 1,169,528 | SH | | DFND | 1 | 660,210 | 0 | 509,318 |
| FRANKLIN FINANCIAL NETWORK INC | COM | 35352P104 | 12,027 | 456,100 | SH | | DFND | 1 | 258,400 | 0 | 197,700 |
| GOLDMAN SACHS GROUP INC | COM | 38141g104 | 1,167 | 6,986 | SH | | DFND | 1 | 6,846 | 0 | 140 |
| GRANITE CONSTRUCTION INC | COM | 387328107 | 19,774 | 490,911 | SH | | DFND | 1 | 275,760 | 0 | 215,151 |
| GREIF INC | COM | 397624107 | 15,517 | 418,143 | SH | | DFND | 1 | 237,068 | 0 | 181,075 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 | 19,568 | 371,162 | SH | | DFND | 1 | 209,875 | 0 | 161,287 |
| HALLIBURTON CO | COM | 406216101 | 433 | 16,295 | SH | | DFND | 1 | 15,820 | 0 | 475 |
| HANMI FINANCIAL CORP | COM | 410495204 | 6,866 | 348,541 | SH | | DFND | 1 | 187,532 | 0 | 161,009 |
| HARTFORD FINANCIAL SERVICES GR | COM | 416515104 | 210 | 4,716 | SH | | DFND | 1 | 4,716 | 0 | 0 |
| HAVERTY FURNITURE COS | COM | 419596101 | 6,329 | 337,009 | SH | | DFND | 1 | 186,618 | 0 | 150,391 |
| HEARTLAND EXPRESS INC | COM | 422347104 | 21,121 | 1,154,178 | SH | | DFND | 1 | 649,188 | 0 | 504,990 |
| HILL-ROM HOLDINGS INC | COM | 431475102 | 156 | 1,765 | SH | | DFND | 1 | 1,765 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 | 243 | 5,905 | SH | | DFND | 1 | 5,905 | 0 | 0 |
| HOMESTREET INC | COM | 43785v102 | 16,894 | 795,757 | SH | | DFND | 1 | 450,241 | 0 | 345,516 |
| HOMETRUST BANCSHARES INC | COM | 437872104 | 17,283 | 660,176 | SH | | DFND | 1 | 385,664 | 0 | 274,512 |
| HOST HOTELS & RESORTS, INC | COM | 44107p104 | 133 | 7,956 | SH | | DFND | 1 | 7,956 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 | 187 | 9,690 | SH | | DFND | 1 | 9,690 | 0 | 0 |
| ICF INTERNATIONAL INC | COM | 44925C103 | 25,325 | 390,939 | SH | | DFND | 1 | 220,664 | 0 | 170,275 |
| IDACORP INC. | COM | 451107106 | 12,869 | 138,290 | SH | | DFND | 1 | 77,419 | 0 | 60,871 |
| INDEPENDENT BANK GROUP INC | COM | 45384B106 | 11,594 | 253,305 | SH | | DFND | 1 | 143,305 | 0 | 110,000 |
| INGREDION INC | COM | 457187102 | 201 | 2,197 | SH | | DFND | 1 | 2,197 | 0 | 0 |
| INNOPHOS HOLDINGS INC | COM | 45774n108 | 12,121 | 494,138 | SH | | DFND | 1 | 279,125 | 0 | 215,013 |
| INTEL CORP | COM | 458140100 | 1,655 | 35,270 | SH | | DFND | 1 | 34,495 | 0 | 775 |
| INTERNATIONAL BUSINESS MACHINE | COM | 459200101 | 1,143 | 10,059 | SH | | DFND | 1 | 9,934 | 0 | 125 |
| INVESCO LTD | COM | G491BT108 | 134 | 7,981 | SH | | DFND | 1 | 7,981 | 0 | 0 |
| JABIL INC | COM | 466313103 | 1,862 | 75,112 | SH | | DFND | 1 | 73,867 | 0 | 1,245 |
| JACOBS ENGINEERING GROUP INC | COM | 469814107 | 257 | 4,402 | SH | | DFND | 1 | 4,402 | 0 | 0 |
| JAMES RIVER GROUP HOLDINGS LTD | COM | G5005R107 | 18,195 | 497,950 | SH | | DFND | 1 | 280,550 | 0 | 217,400 |
| JB HUNT TRANSPORT SERVICES INC | COM | 445658107 | 134 | 1,444 | SH | | DFND | 1 | 1,444 | 0 | 0 |
| JERNIGAN CAPITAL INC | COM | 476405105 | 7,900 | 398,600 | SH | | DFND | 1 | 231,500 | 0 | 167,100 |
| JETBLUE AIRWAYS CORP | COM | 477143101 | 202 | 12,590 | SH | | DFND | 1 | 12,590 | 0 | 0 |
| JOHN WILEY & SONS INC CL A | COM | 968223206 | 74 | 1,565 | SH | | DFND | 1 | 1,565 | 0 | 0 |
| JOHNSON & JOHNSON | COM | 478160104 | 1,372 | 10,630 | SH | | DFND | 1 | 10,405 | 0 | 225 |
| JPMORGAN CHASE & CO | COM | 46625H100 | 2,893 | 29,640 | SH | | DFND | 1 | 28,915 | 0 | 725 |
| KAMAN CORP | COM | 483548103 | 19,340 | 344,796 | SH | | DFND | 1 | 194,565 | 0 | 150,231 |
| KANSAS CITY SOUTHERN | COM | 485170302 | 2,024 | 21,206 | SH | | DFND | 1 | 20,846 | 0 | 360 |
| KITE REALTY GROUP TRUST | COM | 49803T300 | 23,613 | 1,675,870 | SH | | DFND | 1 | 946,655 | 0 | 729,215 |
| KNOLL INC | COM | 498904200 | 16,293 | 988,676 | SH | | DFND | 1 | 560,520 | 0 | 428,156 |
| KNOWLES CORPORATION | COM | 49926d109 | 21,333 | 1,602,776 | SH | | DFND | 1 | 917,184 | 0 | 685,592 |
| LABORATORY CORP OF AMERICA HOL | COM | 50540r409 | 201 | 1,591 | SH | | DFND | 1 | 1,591 | 0 | 0 |
| LANDEC CORPORATION | COM | 514766104 | 9,446 | 797,822 | SH | | DFND | 1 | 450,322 | 0 | 347,500 |
| LOWE'S COS INC | COM | 548661107 | 1,722 | 18,643 | SH | | DFND | 1 | 18,143 | 0 | 500 |
| LYDALL INC | COM | 550819106 | 5,021 | 247,207 | SH | | DFND | 1 | 139,473 | 0 | 107,734 |
| MCDERMOTT INTL INC | COM | 580037703 | 7,857 | 1,201,443 | SH | | DFND | 1 | 697,842 | 0 | 503,601 |
| MDC HOLDINGS INC | COM | 552676108 | 18,362 | 653,217 | SH | | DFND | 1 | 368,505 | 0 | 284,712 |
| MERCK & CO INC | COM | 58933y105 | 24 | 310 | SH | | DFND | 1 | 310 | 0 | 0 |
| METHODE ELECTRONICS INC | COM | 591520200 | 18,818 | 808,002 | SH | | DFND | 1 | 454,387 | 0 | 353,615 |
| MGIC INVESTMENT CORP | COM | 552848103 | 21,618 | 2,066,707 | SH | | DFND | 1 | 1,167,607 | 0 | 899,100 |
| MICROSOFT CORP | COM | 594918104 | 1,694 | 16,682 | SH | | DFND | 1 | 16,432 | 0 | 250 |
| MINERALS TECHNOLOGIES INC | COM | 603158106 | 16,797 | 327,175 | SH | | DFND | 1 | 184,577 | 0 | 142,598 |
| MKS INSTRUMENTS INC | COM | 55306n104 | 187 | 2,896 | SH | | DFND | 1 | 2,896 | 0 | 0 |
| MYR GROUP INC | COM | 55405w104 | 18,918 | 671,561 | SH | | DFND | 1 | 329,987 | 0 | 341,574 |
| NATIONAL OILWELL VARCO INC | COM | 637071101 | 384 | 14,935 | SH | | DFND | 1 | 14,585 | 0 | 350 |
| NAVIGATORS GROUP INC | COM | 638904102 | 20,018 | 288,064 | SH | | DFND | 1 | 166,310 | 0 | 121,754 |
| NCI BUILDING SYSTEMS INC | COM | 628852204 | 662 | 91,333 | SH | | DFND | 1 | 52,494 | 0 | 38,839 |
| NEENAH PAPER INC | COM | 640079109 | 7,913 | 134,306 | SH | | DFND | 1 | 75,724 | 0 | 58,582 |
| NETSCOUT SYSTEMS INC | COM | 64115t104 | 18,909 | 800,220 | SH | | DFND | 1 | 450,420 | 0 | 349,800 |
| NEWFIELD EXPLORATION CO | COM | 651290108 | 126 | 8,572 | SH | | DFND | 1 | 8,572 | 0 | 0 |
| NEXTGEN HEALTHCARE INC | COM | 65343C102 | 19,206 | 1,267,738 | SH | | DFND | 1 | 712,121 | 0 | 555,617 |
| NORFOLK SOUTHERN CORP | COM | 655844108 | 60 | 400 | SH | | DFND | 1 | 400 | 0 | 0 |
| NORTHERN TRUST CORP | COM | 665859104 | 128 | 1,537 | SH | | DFND | 1 | 1,537 | 0 | 0 |
| NORWEGIAN CRUISE LINE HOLDINGS | COM | G66721104 | 215 | 5,063 | SH | | DFND | 1 | 5,063 | 0 | 0 |
| NUCOR CORP | COM | 670346105 | 1,203 | 23,220 | SH | | DFND | 1 | 22,770 | 0 | 450 |
| NUVASIVE INC | COM | 670704105 | 15,434 | 311,415 | SH | | DFND | 1 | 175,315 | 0 | 136,100 |
| ON SEMICONDUCTOR CORP | COM | 682189105 | 196 | 11,854 | SH | | DFND | 1 | 11,854 | 0 | 0 |
| PACWEST BANCORP | COM | 695263103 | 178 | 5,356 | SH | | DFND | 1 | 5,356 | 0 | 0 |
| PEBBLEBROOK HOTEL TRUST | COM | 70509v100 | 17,176 | 606,706 | SH | | DFND | 1 | 353,211 | 0 | 253,495 |
| PERFICIENT INC | COM | 71375u101 | 23,170 | 1,040,875 | SH | | DFND | 1 | 576,300 | 0 | 464,575 |
| PINNACLE FINANCIAL PARTNERS IN | COM | 72346Q104 | 9,754 | 211,579 | SH | | DFND | 1 | 122,508 | 0 | 89,071 |
| POLARIS INDUSTRIES INC | COM | 731068102 | 66 | 867 | SH | | DFND | 1 | 867 | 0 | 0 |
| PPG INDUSTRIES INC | COM | 693506107 | 148 | 1,446 | SH | | DFND | 1 | 1,446 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 | 17,080 | 700,860 | SH | | DFND | 1 | 399,675 | 0 | 301,185 |
| PREMIER INC | COM | 74051N102 | 141 | 3,764 | SH | | DFND | 1 | 3,764 | 0 | 0 |
| PROCTER & GAMBLE CO | COM | 742718109 | 15 | 166 | SH | | DFND | 1 | 166 | 0 | 0 |
| PROGRESS SOFTWARE CORP | COM | 743312100 | 14,391 | 405,495 | SH | | DFND | 1 | 228,915 | 0 | 176,580 |
| PROVIDENCE SERVICE CORP | COM | 743815102 | 13,322 | 221,961 | SH | | DFND | 1 | 125,661 | 0 | 96,300 |
| QORVO INC | COM | 74736K101 | 170 | 2,797 | SH | | DFND | 1 | 2,797 | 0 | 0 |
| QTS REALTY TRUST INC | COM | 74736a103 | 22,526 | 607,990 | SH | | DFND | 1 | 352,615 | 0 | 255,375 |
| QUANEX BUILDING PRODUCTS CORP | COM | 747619104 | 15,245 | 1,121,755 | SH | | DFND | 1 | 632,383 | 0 | 489,372 |
| QUANTA SERVICES INC | COM | 74762e102 | 257 | 8,531 | SH | | DFND | 1 | 8,531 | 0 | 0 |
| RALPH LAUREN CORP | COM | 751212101 | 235 | 2,267 | SH | | DFND | 1 | 2,267 | 0 | 0 |
| RED ROBIN GOURMET BURGERS | COM | 75689M101 | 14,808 | 554,181 | SH | | DFND | 1 | 313,781 | 0 | 240,400 |
| REGAL BELOIT CORP | COM | 758750103 | 18,564 | 265,008 | SH | | DFND | 1 | 150,450 | 0 | 114,558 |
| REGIS CORP | COM | 758932107 | 16,263 | 959,485 | SH | | DFND | 1 | 538,182 | 0 | 421,303 |
| SABRE CORPORATION | COM | 78573M104 | 272 | 12,562 | SH | | DFND | 1 | 12,562 | 0 | 0 |
| SANDERSON FARMS INC | COM | 800013104 | 15,934 | 160,475 | SH | | DFND | 1 | 90,675 | 0 | 69,800 |
| SANDY SPRING BANCORP INC | COM | 800363103 | 16,594 | 529,484 | SH | | DFND | 1 | 297,684 | 0 | 231,800 |
| SCHLUMBERGER LTD | COM | 806857108 | 6 | 158 | SH | | DFND | 1 | 158 | 0 | 0 |
| SEACOAST BANKING CORP. | COM | 811707801 | 21,308 | 818,908 | SH | | DFND | 1 | 465,838 | 0 | 353,070 |
| SIMMONS FIRST NATIONAL CORP - | COM | 828730200 | 25,250 | 1,046,434 | SH | | DFND | 1 | 563,008 | 0 | 483,426 |
| SLM CORP | COM | 78442P106 | 202 | 24,334 | SH | | DFND | 1 | 24,334 | 0 | 0 |
| SOUTH STATE CORP | COM | 840441109 | 14,518 | 242,169 | SH | | DFND | 1 | 138,643 | 0 | 103,526 |
| SP PLUS CORPORATION | COM | 78469c103 | 14,575 | 493,394 | SH | | DFND | 1 | 278,426 | 0 | 214,968 |
| SPIRE INC | COM | 84857L101 | 22,203 | 299,714 | SH | | DFND | 1 | 171,849 | 0 | 127,865 |
| STERLING BANCORP | COM | 85917a100 | 17,988 | 1,089,530 | SH | | DFND | 1 | 626,830 | 0 | 462,700 |
| T ROWE PRICE GROUP INC | COM | 74144T108 | 200 | 2,165 | SH | | DFND | 1 | 2,165 | 0 | 0 |
| TJX COS INC | COM | 872540109 | 2,094 | 46,811 | SH | | DFND | 1 | 45,811 | 0 | 1,000 |
| TOLL BROTHERS INC | COM | 889478103 | 1,562 | 47,422 | SH | | DFND | 1 | 46,622 | 0 | 800 |
| TREEHOUSE FOODS INC | COM | 89469A104 | 20,348 | 401,269 | SH | | DFND | 1 | 226,769 | 0 | 174,500 |
| TRI POINTE GROUP INC | COM | 87265H109 | 21,270 | 1,945,998 | SH | | DFND | 1 | 1,104,523 | 0 | 841,475 |
| TRICO BANCSHARES | COM | 896095106 | 16,443 | 486,614 | SH | | DFND | 1 | 276,047 | 0 | 210,567 |
| UMH PROPERTIES INC | COM | 903002103 | 10,873 | 918,300 | SH | | DFND | 1 | 517,700 | 0 | 400,600 |
| UNION BANKSHARES CORP | COM | 90539J109 | 15,981 | 566,100 | SH | | DFND | 1 | 321,400 | 0 | 244,700 |
| UNION PACIFIC CORP | COM | 907818108 | 14 | 100 | SH | | DFND | 1 | 100 | 0 | 0 |
| UNIVERSAL ELECTRONICS INC | COM | 913483103 | 9,422 | 372,690 | SH | | DFND | 1 | 209,290 | 0 | 163,400 |
| US CONCRETE INC | COM | 90333l201 | 12,876 | 364,969 | SH | | DFND | 1 | 205,690 | 0 | 159,279 |
| US SILICA HOLDINGS INC | COM | 90346e103 | 11,612 | 1,140,690 | SH | | DFND | 1 | 644,890 | 0 | 495,800 |
| VERINT SYSTEMS INC | COM | 92343X100 | 24,731 | 584,520 | SH | | DFND | 1 | 332,120 | 0 | 252,400 |
| VISTA OUTDOOR INC | COM | 928377100 | 7,790 | 686,330 | SH | | DFND | 1 | 407,630 | 0 | 278,700 |
| WALMART INC | COM | 931142103 | 2,015 | 21,633 | SH | | DFND | 1 | 21,233 | 0 | 400 |
| WALT DISNEY CO | COM | 254687106 | 1,190 | 10,850 | SH | | DFND | 1 | 10,600 | 0 | 250 |
| WELLS FARGO & CO | COM | 949746101 | 1,926 | 41,795 | SH | | DFND | 1 | 40,995 | 0 | 800 |
| WERNER ENTERPRISES INC | COM | 950755108 | 12,824 | 434,140 | SH | | DFND | 1 | 244,940 | 0 | 189,200 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 | 176 | 4,459 | SH | | DFND | 1 | 4,459 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 | 1,217 | 11,388 | SH | | DFND | 1 | 11,163 | 0 | 225 |
| WHITING PETROLEUM CORP | COM | 966387409 | 11,030 | 486,105 | SH | | DFND | 1 | 289,555 | 0 | 196,550 |
| WILLIS TOWERS WATSON PLC | COM | G96629103 | 150 | 989 | SH | | DFND | 1 | 989 | 0 | 0 |
| WINNEBAGO INDUSTRIES INC | COM | 974637100 | 7,976 | 329,450 | SH | | DFND | 1 | 187,400 | 0 | 142,050 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956p102 | 1,342 | 12,938 | SH | | DFND | 1 | 12,688 | 0 | 250 |
