The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
| ||||||||||||||||||||
| 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 |
| Aaron's Inc. | COM PAR $0.50 | 002535300 | 3,061 | 67,430 | SH | DFND | 66,430 | 0 | 1,000 | ||
| ADVANCE AUTO PARTS INC | COM | 00751Y106 | 7,092 | 49,783 | SH | DFND | 49,251 | 0 | 532 | ||
| ATLAS AIR WORLDWIDE HLDGS IN | COM NEW | 049164205 | 4,303 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| ACACIA RESH CORP | ACACIA TCH COM | 003881307 | 9,938 | 2,429,800 | SH | DFND | 2,429,800 | 0 | 0 | ||
| ARGAN INC | COM | 04010E109 | 13,022 | 274,850 | SH | DFND | 265,500 | 0 | 9,350 | ||
| A H BELO CORP | COM CL A | 001282102 | 2,661 | 1,538,025 | SH | DFND | 1,324,047 | 0 | 213,978 | ||
| ALBIREO PHARMA INC | COM | 01345P106 | 3,974 | 150,000 | SH | DFND | 150,000 | 0 | 0 | ||
| AMC NETWORKS INC | CL A | 00164V103 | 771 | 32,950 | SH | DFND | 25,000 | 0 | 7,950 | ||
| AMERICAN HOMES 4 RENT | CL A | 02665T306 | 1,260 | 46,827 | SH | DFND | 46,827 | 0 | 0 | ||
| ANGIODYNAMICS INC | COM | 03475V101 | 6,178 | 607,432 | SH | DFND | 604,582 | 0 | 2,850 | ||
| SMITH A O CORP | COM | 831865209 | 1,152 | 24,446 | SH | DFND | 24,446 | 0 | 0 | ||
| ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 | 4,830 | 148,625 | SH | DFND | 148,625 | 0 | 0 | ||
| ACCURAY INC | COM | 004397105 | 7,182 | 3,537,900 | SH | DFND | 3,367,900 | 0 | 170,000 | ||
| ASSOCIATED BANC CORP | COM | 045487105 | 16,734 | 1,223,258 | SH | DFND | 1,204,158 | 0 | 19,100 | ||
| ASTEC INDS INC | COM | 046224101 | 5,478 | 118,289 | SH | DFND | 118,289 | 0 | 0 | ||
| ATN INTL INC | COM | 00215F107 | 10,655 | 175,909 | SH | DFND | 175,909 | 0 | 0 | ||
| AMERICAN VANGUARD CORP | COM | 030371108 | 10,994 | 799,014 | SH | DFND | 796,373 | 0 | 2,641 | ||
| AVANOS MED INC | COM | 05350V106 | 7,567 | 257,484 | SH | DFND | 257,484 | 0 | 0 | ||
| BARRETT BUSINESS SERVICES IN | COM | 068463108 | 8,480 | 159,600 | SH | DFND | 159,600 | 0 | 0 | ||
| BUNGE LIMITED | COM | G16962105 | 6,103 | 148,373 | SH | DFND | 146,970 | 0 | 1,403 | ||
| POPULAR INC | COM NEW | 733174700 | 1,420 | 38,210 | SH | DFND | 38,210 | 0 | 0 | ||
| BRADY CORP | CL A | 104674106 | 4,827 | 103,090 | SH | DFND | 103,090 | 0 | 0 | ||
| BERKSHIRE HATHAWY INC DEL | CL B NEW | 084670702 | 10,349 | 57,972 | SH | DFND | 57,098 | 0 | 874 | ||
| BERRY PETE CORP | COM | 08579X101 | 6,313 | 1,307,017 | SH | DFND | 1,213,858 | 0 | 93,159 | ||
| CAL MAINE FOODS INC | COM NEW | 128030202 | 8,314 | 186,915 | SH | DFND | 184,515 | 0 | 2,400 | ||
| CALIX INC | COM | 13100M509 | 4,470 | 300,000 | SH | DFND | 300,000 | 0 | 0 | ||
| CAPITAL CITY BK GROUP INC | COM | 139674105 | 11,252 | 537,075 | SH | DFND | 525,465 | 0 | 11,610 | ||
| CROSS CTRY HEALTHCARE INC | COM | 227483104 | 4,972 | 807,086 | SH | DFND | 807,086 | 0 | 0 | ||
| CENTURY CMNTYS INC | COM | 156504300 | 13,696 | 446,700 | SH | DFND | 430,200 | 0 | 16,500 | ||
| CECO ENVIRONMENTAL CORP | COM | 125141101 | 3,625 | 550,000 | SH | DFND | 550,000 | 0 | 0 | ||
| CHEMBIO DIAGNOSTICS INC | COM NEW | 163572209 | 894 | 275,000 | SH | DFND | 275,000 | 0 | 0 | ||
| CENTURY BANCORP INC MASS | CL A NON VTG | 156432106 | 6,006 | 77,278 | SH | DFND | 75,248 | 0 | 2,030 | ||
| Canadian Natl RY Co | COM | 136375102 | 5,721 | 64,592 | SH | DFND | 63,667 | 0 | 925 | ||
| CAPITAL ONE FINL CORP | COM | 14040H105 | 2,313 | 36,958 | SH | DFND | 36,433 | 0 | 525 | ||
| CABOT OIL & GAS CORP | COM | 127097103 | 3,891 | 226,498 | SH | DFND | 226,498 | 0 | 0 | ||
| CYRUSONE INC | COM | 23283R100 | 2,906 | 39,951 | SH | DFND | 39,369 | 0 | 582 | ||
| COWEN INC | CL A New | 223622606 | 9,440 | 582,350 | SH | DFND | 564,600 | 0 | 17,750 | ||
| CISCO SYS INC | COM | 17275R102 | 8,366 | 179,376 | SH | DFND | 176,793 | 0 | 2,583 | ||
| CARRIAGE SVCS INC | COM | 143905107 | 1,812 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| COMMUNITY TR BANCORP INC | COM | 204149108 | 4,081 | 124,575 | SH | DFND | 122,775 | 0 | 1,800 | ||
| CARETRUST REIT INC | COM | 14174T107 | 5,148 | 300,000 | SH | DFND | 300,000 | 0 | 0 | ||
| CUBIC CORP | COM | 229669106 | 4,803 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| Cutera Inc. | COM | 232109108 | 609 | 50,000 | SH | DFND | 50,000 | 0 | 0 | ||
| CVS HEALTH CORP | COM | 126650100 | 5,229 | 80,486 | SH | DFND | 79,173 | 0 | 1,313 | ||
| CPI AEROSTRUCTURES INC | COM NEW | 125919308 | 1,948 | 592,000 | SH | DFND | 558,400 | 0 | 33,600 | ||
| Donaldson Company | COM | 257651109 | 5,512 | 118,480 | SH | DFND | 118,480 | 0 | 0 | ||
| DISCOVER FINL SVCS | COM | 254709108 | 870 | 17,374 | SH | DFND | 17,374 | 0 | 0 | ||
| DIGI INTL INC | COM | 253798102 | 1,748 | 150,000 | SH | DFND | 150,000 | 0 | 0 | ||
| QUEST DIAGNOSTICS INC | COM | 74834L100 | 9,776 | 85,785 | SH | DFND | 84,743 | 0 | 1,042 | ||
| D R HORTON INC | COM | 23331A109 | 637 | 11,496 | SH | DFND | 11,496 | 0 | 0 | ||
| DICKS SPORTING GOODS INC | COM | 253393102 | 2,063 | 50,000 | SH | DFND | 50,000 | 0 | 0 | ||
| WISDOMTREE TR | INTL SMCAP DIV | 97717W760 | 4,104 | 73,779 | SH | DFND | 73,779 | 0 | 0 | ||
| DSP GROUP INC | COM | 23332B106 | 7,772 | 489,400 | SH | DFND | 489,400 | 0 | 0 | ||
| DASAN ZHONE SOLUTIONS INC | COM NEW | 23305L206 | 3,572 | 400,000 | SH | DFND | 400,000 | 0 | 0 | ||
| EBIX INC | COM NEW | 278715206 | 2,236 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| ENCOMPASS HEALTH CORP | COM | 29261A100 | 836 | 13,493 | SH | DFND | 13,493 | 0 | 0 | ||
| EASTMAN CHEMICAL CO | COM | 277432100 | 1,444 | 20,735 | SH | DFND | 20,735 | 0 | 0 | ||
| ENERPAC TOOL GROUP CORP | CL A COM | 292765104 | 3,035 | 172,460 | SH | DFND | 172,460 | 0 | 0 | ||
| EQUITY COMWLTH | COM SH BEN INT | 294628102 | 1,610 | 50,000 | SH | DFND | 50,000 | 0 | 0 | ||
| ENERGY RECOVERY INC | COM | 29270J100 | 1,283 | 168,943 | SH | DFND | 168,943 | 0 | 0 | ||
| EVOFEM BIOSCIENCES INC | COM | 30048L104 | 4,245 | 1,500,000 | SH | DFND | 1,500,000 | 0 | 0 | ||
| EVERTEC INC | COM | 30040P103 | 8,023 | 285,511 | SH | DFND | 280,611 | 0 | 4,900 | ||
| EXELON CORP | COM | 30161N101 | 9,970 | 274,725 | SH | DFND | 271,527 | 0 | 3,198 | ||
| FIRSTCASH INC | COM | 33767D105 | 7,860 | 116,474 | SH | DFND | 115,974 | 0 | 500 | ||
| Freeport-McMoRan Inc | COM | 35671D857 | 1,368 | 118,214 | SH | DFND | 118,214 | 0 | 0 | ||
| FEDEX CORP | COM | 31428X106 | 5,568 | 39,707 | SH | DFND | 39,091 | 0 | 616 | ||
| FIRSTENERGY CORP | COM | 337932107 | 1,231 | 31,745 | SH | DFND | 31,745 | 0 | 0 | ||
| FIRST HORIZON NATL CORP | COM | 320517105 | 1,115 | 111,918 | SH | DFND | 111,918 | 0 | 0 | ||
| FLOWSERVE CORP | COM | 34354P105 | 837 | 29,350 | SH | DFND | 29,350 | 0 | 0 | ||
| FEDNAT HLDG CO | COM | 31431B109 | 3,598 | 325,000 | SH | DFND | 325,000 | 0 | 0 | ||
| FORESTAR GROUP INC | COM | 346232101 | 1,269 | 84,142 | SH | DFND | 83,289 | 0 | 853 | ||
| GLACIER BANCORP INC NEW | COM | 37637Q105 | 6,319 | 179,046 | SH | DFND | 179,046 | 0 | 0 | ||
| GLATFELTER | COM | 377316104 | 8,525 | 531,150 | SH | DFND | 531,150 | 0 | 0 | ||
| ACUSHNET HOLDINGS CORP | COM | 005098108 | 6,986 | 200,802 | SH | DFND | 200,802 | 0 | 0 | ||
| Alphabet Inc. (Class A) | CAP STK CL A | 02079K305 | 7,114 | 5,017 | SH | DFND | 4,946 | 0 | 71 | ||
| GORMAN RUPP CO | COM | 383082104 | 8,972 | 288,663 | SH | DFND | 286,278 | 0 | 2,385 | ||
| U S GLOBAL INVS INC | CL A | 902952100 | 1,045 | 550,000 | SH | DFND | 550,000 | 0 | 0 | ||
| GSI TECHNOLOGY | COM | 36241U106 | 3,888 | 541,500 | SH | DFND | 508,500 | 0 | 33,000 | ||
| TRIPLE-S MGMT CORP | CL B | 896749108 | 10,394 | 546,469 | SH | DFND | 543,817 | 0 | 2,652 | ||
| HAIN CELESTIAL GROUP INC | COM | 405217100 | 12,339 | 391,599 | SH | DFND | 391,599 | 0 | 0 | ||
| HARVARD BIOSCIENCE INC | COM | 416906105 | 3,100 | 1,000,000 | SH | DFND | 1,000,000 | 0 | 0 | ||
| HOLLY FRONTIER CORP | COM | 436106108 | 5,115 | 175,184 | SH | DFND | 173,002 | 0 | 2,182 | ||
| HERITAGE FINL CORP WASH | COM | 42722X106 | 6,000 | 300,000 | SH | DFND | 300,000 | 0 | 0 | ||
| Huntington Ingalls INDS Inc | COM | 446413106 | 3,819 | 21,884 | SH | DFND | 21,684 | 0 | 200 | ||
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 | 1,735 | 23,626 | SH | DFND | 23,398 | 0 | 228 | ||
| HOOKER FURNITURE CORP | COM | 439038100 | 1,248 | 64,153 | SH | DFND | 64,153 | 0 | 0 | ||
| HERON THERAPEUTICS INC | COM | 427746102 | 5,516 | 375,000 | SH | DFND | 375,000 | 0 | 0 | ||
| HUDSON GLOBAL INC | COM NEW | 443787205 | 3,482 | 395,658 | SH | DFND | 379,377 | 0 | 16,281 | ||
| Heartland Express Inc | COM | 422347104 | 9,632 | 462,615 | SH | DFND | 462,615 | 0 | 0 | ||
| HUMANA INC | COM | 444859102 | 669 | 1,726 | SH | DFND | 1,726 | 0 | 0 | ||
| IAMGOLD CORP | COM | 450913108 | 4,059 | 1,027,500 | SH | DFND | 1,027,500 | 0 | 0 | ||
| INTERDIGITAL INC | COM | 45867G101 | 8,470 | 149,564 | SH | DFND | 149,564 | 0 | 0 | ||
| Intellicheck Inc | COM NEW | 45817G201 | 3,775 | 500,000 | SH | DFND | 500,000 | 0 | 0 | ||
| FIRST INTERNET BANCORP | COM | 320557101 | 6,033 | 362,971 | SH | DFND | 341,871 | 0 | 21,100 | ||
| INDEPENDENT BANK CORP MASS | COM | 453836108 | 8,635 | 128,708 | SH | DFND | 128,708 | 0 | 0 | ||
| IDENTIV INC | COM NEW | 45170X205 | 3,060 | 600,000 | SH | DFND | 600,000 | 0 | 0 | ||
| INTL PAPER CO | COM | 460146103 | 1,584 | 44,984 | SH | DFND | 44,984 | 0 | 0 | ||
| INVESTORS REAL ESTATE TR | SH BEN INT | 461730509 | 2,820 | 40,000 | SH | DFND | 40,000 | 0 | 0 | ||
| JAZZ PHARMACEUTICALS PLC | SHS USD | G50871105 | 8,827 | 80,000 | SH | DFND | 80,000 | 0 | 0 | ||
| JOHNSON & JOHNSON | COM | 478160104 | 9,060 | 64,427 | SH | DFND | 63,494 | 0 | 933 | ||
| KENNAMETAL INC | COM | 489170100 | 2,936 | 102,264 | SH | DFND | 102,264 | 0 | 0 | ||
| KNOWLES CORP | COM | 49926D109 | 5,126 | 335,911 | SH | DFND | 335,911 | 0 | 0 | ||
| KRATOS DEFENSE & SEC SOLUTIO | COM NEW | 50077B207 | 10,368 | 663,364 | SH | DFND | 663,364 | 0 | 0 | ||
| KENNEDY-WILSON HOLDINGS INC | COM | 489398107 | 11,859 | 779,175 | SH | DFND | 769,675 | 0 | 9,500 | ||
| LINCOLN ELEC HLDGS INC | CL A | 512816109 | 7,504 | 112,402 | SH | DFND | 112,402 | 0 | 0 | ||
| LINCOLN EDL SVCS CORP | COM | 533900106 | 8,950 | 106,242 | SH | DFND | 105,152 | 0 | 1,090 | ||
| LINDE PLC | SHS | G5494J103 | 1,548 | 7,296 | SH | DFND | 6,961 | 0 | 335 | ||
| LINCOLN EDL SVCS CORP | COM | 533535100 | 12,779 | 3,276,709 | SH | DFND | 2,953,709 | 0 | 323,000 | ||
| LIMELIGHT NEWTWORKS INC | COM | 53261M104 | 4,416 | 600,000 | SH | DFND | 600,000 | 0 | 0 | ||
| LANDEC CORP | COM | 514766104 | 9,770 | 1,227,332 | SH | DFND | 1,167,832 | 0 | 59,500 | ||
| GRAND CANYON ED INC | COM | 38526M106 | 2,535 | 28,005 | SH | DFND | 27,580 | 0 | 425 | ||
| MANPOWERGROUP INC | COM | 56418H100 | 5,797 | 84,323 | SH | DFND | 83,373 | 0 | 950 | ||
| MARCHEX INC | CL B | 56624R108 | 2,212 | 1,400,000 | SH | DFND | 1,400,000 | 0 | 0 | ||
| M D C HLDGS INC | COM | 552676108 | 17,431 | 488,257 | SH | DFND | 475,557 | 0 | 12,700 | ||
| Medtronic PLC | SHS | G5960L103 | 3,395 | 37,018 | SH | DFND | 36,471 | 0 | 547 | ||
| MDU RES GROUP INC | COM | 552690109 | 9,516 | 429,041 | SH | DFND | 413,041 | 0 | 16,000 | ||
| Trxade Group Inc. | COM NEW | 89846A207 | 1,800 | 300,000 | SH | DFND | 300,000 | 0 | 0 | ||
| Methode Electrs Inc | COM | 591520200 | 3,223 | 103,095 | SH | DFND | 103,095 | 0 | 0 | ||
| MOHAWK INDS INC | COM | 608190104 | 6,176 | 60,689 | SH | DFND | 60,064 | 0 | 625 | ||
| MITEK SYS INC | COM NEW | 606710200 | 2,883 | 300,000 | SH | DFND | 300,000 | 0 | 0 | ||
| MONMOUTH REAL ESTATE INVT CO | CL A | 609720107 | 6,474 | 446,780 | SH | DFND | 413,680 | 0 | 33,100 | ||
| MOTORCAR PTS AMER INC | COM | 620071100 | 7,072 | 400,200 | SH | DFND | 400,200 | 0 | 0 | ||
| MARTEN TRANS LTD | COM | 573075108 | 2,516 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| MICRO STRATEGY INC | CL A NEW | 594972408 | 9,332 | 78,890 | SH | DFND | 78,890 | 0 | 0 | ||
| MGIC INVT CORP WIS | COM | 552848103 | 13,348 | 1,629,800 | SH | DFND | 1,589,500 | 0 | 40,300 | ||
| MATERION CORP | COM | 576690101 | 3,485 | 56,671 | SH | DFND | 56,671 | 0 | 0 | ||
| NCR CORP NEW | COM | 62886E108 | 3,855 | 222,550 | SH | DFND | 206,450 | 0 | 16,100 | ||
| NATIONAL FUEL GAS CO N J | COM | 636180101 | 4,627 | 110,350 | SH | DFND | 106,050 | 0 | 4,300 | ||
| NATIONAL OILWELL VARCO INC | COM | 637071101 | 1,121 | 91,495 | SH | DFND | 91,495 | 0 | 0 | ||
| NORTHWEST PIPE CO | COM | 667746101 | 9,990 | 398,475 | SH | DFND | 390,275 | 0 | 8,200 | ||
| ORBITAL ENERGY GROUP INC | COM | 68559A109 | 876 | 1,415,000 | SH | DFND | 1,415,000 | 0 | 0 | ||
| ORION ENERGY SYSTEMS INC | COM | 686275108 | 2,595 | 750,000 | SH | DFND | 750,000 | 0 | 0 | ||
| OMNICOM GROUP INC | COM | 681919106 | 1,022 | 18,711 | SH | DFND | 18,711 | 0 | 0 | ||
| ON SEMICONDUCTOR CORP | COM | 682189105 | 2,889 | 145,776 | SH | DFND | 144,480 | 0 | 1,296 | ||
| OLD NATL BANCORP IND | COM | 680033107 | 5,104 | 370,952 | SH | DFND | 370,952 | 0 | 0 | ||
| ORACLE CORP | COM | 68389X105 | 5,876 | 106,321 | SH | DFND | 104,789 | 0 | 1,532 | ||
| OLD REP INTL CORP | COM | 680223104 | 8,592 | 526,815 | SH | DFND | 523,540 | 0 | 3,275 | ||
| ONESPAN INC | COM | 68287N100 | 2,793 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| Pacific Biosciences of CALIF IN | COM | 69404D108 | 1,725 | 500,000 | SH | DFND | 500,000 | 0 | 0 | ||
| PHILBRO ANIMAL HEALTH CORP | CL A COM | 71742Q106 | 8,796 | 334,828 | SH | DFND | 334,828 | 0 | 0 | ||
| POTLATCHDELTIC CORPORATION | COM | 737630103 | 15,828 | 416,200 | SH | DFND | 411,800 | 0 | 4,400 | ||
| PATTERSON COS INC | COM | 703395103 | 6,707 | 304,850 | SH | DFND | 287,650 | 0 | 17,200 | ||
| PERMA-FIX ENVIRONMENTAL SVCS | COM NEW | 714157203 | 8,866 | 1,387,530 | SH | DFND | 1,250,230 | 0 | 137,300 | ||
| PARKER HANNIFIN CORP | COM | 701094104 | 965 | 5,265 | SH | DFND | 5,265 | 0 | 0 | ||
| PHOTRONICS INC | COM | 719405102 | 3,837 | 344,751 | SH | DFND | 333,451 | 0 | 11,300 | ||
| PNC FINL SVCS GROUP INC | COM | 693475105 | 5,614 | 53,358 | SH | DFND | 52,591 | 0 | 767 | ||
| PENTAIR PLC | COM | G7S00T104 | 3,799 | 100,000 | SH | DFND | 100,000 | 0 | 0 | ||
| PORTLAND GEN ELECTRIC CO | COM NEW | 736508847 | 11,849 | 283,400 | SH | DFND | 283,400 | 0 | 0 | ||
| POWELL INDS INC | COM | 739128106 | 2,387 | 87,155 | SH | DFND | 87,155 | 0 | 0 | ||
| PERRIGO CO PLC | SHS | G97822103 | 1,255 | 22,705 | SH | DFND | 22,705 | 0 | 0 | ||
| PUBLIC STORAGE | COM | 74460D109 | 5,093 | 26,543 | SH | DFND | 26,268 | 0 | 275 | ||
| PS BUSINESS PKS INC CALIF | COM | 69360J107 | 1,271 | 9,599 | SH | DFND | 9,599 | 0 | 0 | ||
| PRETIUM RES INC | COM | 74139C102 | 9,761 | 1,162,050 | SH | DFND | 1,110,350 | 0 | 51,700 | ||
| PIONEER NAT RES CO | COM | 723787107 | 1,458 | 14,928 | SH | DFND | 14,928 | 0 | 0 | ||
| PIXELWORKS INC | COM NEW | 72581M305 | 3,634 | 1,125,000 | SH | DFND | 1,125,000 | 0 | 0 | ||
| Quantum Corp | COM NEW | 747906501 | 3,088 | 800,000 | SH | DFND | 800,000 | 0 | 0 | ||
| REGAL BELOIT CORP | COM | 758750103 | 1,681 | 19,246 | SH | DFND | 19,246 | 0 | 0 | ||
| RENT A CTR INC NEW | COM | 76009N100 | 1,119 | 40,220 | SH | DFND | 40,220 | 0 | 0 | ||
| RCM TECHNOLOGIES INC | COM NEW | 749360400 | 786 | 586,623 | SH | DFND | 586,623 | 0 | 0 | ||
| RADIAN GROUP INC | COM | 750236101 | 12,491 | 805,330 | SH | DFND | 786,630 | 0 | 18,700 | ||
| REINSURANCE GRP AMER INC | COM NEW | 759351604 | 1,983 | 25,277 | SH | DFND | 25,002 | 0 | 275 | ||
| RYMAN HOSPITALITY PPTYS INC | COM | 78377T107 | 1,176 | 33,979 | SH | DFND | 33,979 | 0 | 0 | ||
| B RILEY FINL INC | COM | 05580M108 | 7,521 | 345,612 | SH | DFND | 345,612 | 0 | 0 | ||
| RAYMOND JAMES FINANCIAL INC | COM | 754730109 | 6,563 | 95,354 | SH | DFND | 94,379 | 0 | 975 | ||
| SONIC AUTOMOTIVE INC | CL A | 83545G102 | 11,493 | 360,162 | SH | DFND | 360,162 | 0 | 0 | ||
| SEACOAST BKG CORP FLA | COM NEW | 811707801 | 5,628 | 275,889 | SH | DFND | 275,889 | 0 | 0 | ||
| SCHNITZER STL INDS | CL A | 806882106 | 6,164 | 349,441 | SH | DFND | 347,308 | 0 | 2,133 | ||
| THE CHARLES SCHWAB CORPORATION | COM | 808513105 | 9,236 | 273,734 | SH | DFND | 270,659 | 0 | 3,075 | ||
| SHYFT GROUP INC | COM | 825698103 | 8,420 | 500,000 | SH | DFND | 500,000 | 0 | 0 | ||
| SEMTECH CORP | COM | 816850101 | 5,653 | 108,262 | SH | DFND | 108,262 | 0 | 0 | ||
| SMTC Corp | COM NEW | 832682207 | 1,818 | 600,000 | SH | DFND | 600,000 | 0 | 0 | ||
| SANOFI | SPONSORED ADR | 80105N105 | 5,084 | 99,591 | SH | DFND | 97,976 | 0 | 1,615 | ||
| SPECTRUM BRANDS HLDGS INC NE | COM | 84790A105 | 8,031 | 174,963 | SH | DFND | 174,963 | 0 | 0 | ||
| SPARK ENERGY INC | CL A COM | 846511103 | 4,421 | 625,250 | SH | DFND | 565,350 | 0 | 59,900 | ||
| STERICYCLE INC | COM | 858912108 | 3,645 | 65,117 | SH | DFND | 64,542 | 0 | 575 | ||
| STERLING CONSTRUCTION CO INC | COM | 859241101 | 2,356 | 225,000 | SH | DFND | 225,000 | 0 | 0 | ||
| SUNCOR ENERGY INC NEW | COM | 867224107 | 6,217 | 368,726 | SH | DFND | 363,774 | 0 | 4,952 | ||
| SKYWORKS SOLUTIONS INC | COM | 83088M102 | 8,816 | 68,950 | SH | DFND | 68,225 | 0 | 725 | ||
| SENSIENT TECHNOLOGIES CORP | COM | 81725T100 | 9,720 | 186,354 | SH | DFND | 186,354 | 0 | 0 | ||
| STOCK YDS BANCORP INC | COM | 861025104 | 10,291 | 256,002 | SH | DFND | 253,677 | 0 | 2,325 | ||
| BANCORP INC DEL | COM | 05969A105 | 8,285 | 845,375 | SH | DFND | 812,675 | 0 | 32,700 | ||
| TRICO BANCSHARES | COM | 896095106 | 11,489 | 377,320 | SH | DFND | 377,320 | 0 | 0 | ||
| TRUIST FINL CORP | COM | 89832Q109 | 3,234 | 86,125 | SH | DFND | 84,916 | 0 | 1,209 | ||
| Tecnoglass, Inc. | SHS | G87264100 | 1,908 | 350,000 | SH | DFND | 350,000 | 0 | 0 | ||
| HANOVER INS GROUP INC | COM | 410867105 | 7,822 | 77,198 | SH | DFND | 77,198 | 0 | 0 | ||
| THOR INDS INC | COM | 885160101 | 3,401 | 31,921 | SH | DFND | 31,621 | 0 | 300 | ||
| TreeHouse Foods Inc | COM | 89469A104 | 9,926 | 226,613 | SH | DFND | 226,613 | 0 | 0 | ||
| TRINITY BIOTECH PLC | SPON ADR NEW | 896438306 | 1,897 | 870,000 | SH | DFND | 870,000 | 0 | 0 | ||
| TRISTATE CAP HLDGS INC | COM | 89678F100 | 7,523 | 478,850 | SH | DFND | 453,250 | 0 | 25,600 | ||
| AMERCO | COM | 023586100 | 1,542 | 5,102 | SH | DFND | 5,102 | 0 | 0 | ||
| UMB FINL CORP | COM | 902788108 | 14,540 | 282,056 | SH | DFND | 282,056 | 0 | 0 | ||
| UNILEVER NV | N Y SHS NEW | 904784709 | 7,621 | 143,072 | SH | DFND | 140,957 | 0 | 2,115 | ||
| VONAGE HLDGS CORP | COM | 92886T201 | 12,150 | 1,207,800 | SH | DFND | 1,170,300 | 0 | 37,500 | ||
| VICOR CORP | COM | 925815102 | 5,208 | 72,377 | SH | DFND | 72,377 | 0 | 0 | ||
| VISTRA ENERGY CORP | COM | 92840M102 | 16,457 | 883,850 | SH | DFND | 854,850 | 0 | 29,000 | ||
| VISTA OUTDOOR INC | COM | 928377100 | 1,084 | 75,000 | SH | DFND | 75,000 | 0 | 0 | ||
| VERIZON COMMUNICATIONS INC | COM | 92343V104 | 8,426 | 152,837 | SH | DFND | 150,602 | 0 | 2,235 | ||
| WADDELL & REED FINL INC | CL A | 930059100 | 7,942 | 512,050 | SH | DFND | 481,600 | 0 | 30,450 | ||
| WISDOMTREE INVTS INC | COM | 97717P104 | 1,735 | 500,000 | SH | DFND | 500,000 | 0 | 0 | ||
| WESTROCK CO | COM | 96145D105 | 3,227 | 114,200 | SH | DFND | 108,700 | 0 | 5,500 | ||
| WESTERN UN CO | COM | 959802109 | 983 | 45,450 | SH | DFND | 45,450 | 0 | 0 | ||
| DENTSPLY SIRONA INC | COM | 24906P109 | 1,569 | 35,618 | SH | DFND | 35,618 | 0 | 0 | ||
| ZAGG INC | COM | 98884U108 | 1,256 | 400,000 | SH | DFND | 400,000 | 0 | 0 | ||
| ZOVIO INC | COM | 98979V102 | 8,690 | 2,839,900 | SH | DFND | 2,551,100 | 0 | 288,800 | ||