Heartland Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
ALCOA INC	COM	013817101	251	23,592	SH		SOLE		23,592	0	0
ABBVIE INC	COM	00287Y109	2,271	43,010	SH		SOLE		39,244	0	3,766
ARCH COAL INC	COM	039380100	2,225	500,000	SH		SOLE		500,000	0	0
AMCOL INTL CORP	COM	02341W103	8,495	250,000	SH		SOLE		250,000	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	31,772	732,063	SH		SOLE		674,784	0	57,279
ARGAN INC	COM	04010E109	18,442	669,156	SH		SOLE		640,356	0	28,800
ALBANY INTL CORP	CL A	012348108	44,664	1,243,073	SH		SOLE		1,243,073	0	0
AAR CORP	COM	000361105	18,318	653,977	SH		SOLE		633,077	0	20,900
ASSURANT INC	COM	04621X108	210	3,166	SH		SOLE		3,166	0	0
ALCO STORES INC	COM	001600105	3,538	380,400	SH		SOLE		380,400	0	0
ANALOGIC CORP	COM PAR $0.05	032657207	19,919	243,886	SH		SOLE		243,886	0	0
AUTOLIV INC	COM	052800109	204	2,220	SH		SOLE		2,220	0	0
AMERICAN PUBLIC EDUCATION IN	COM	02913V103	10,483	241,153	SH		SOLE		223,342	0	17,811
ACCURAY INC	COM	004397105	15,243	1,750,000	SH		SOLE		1,750,000	0	0
ASSOCIATED BANC CORP	COM	045487105	67,105	3,856,605	SH		SOLE		3,856,605	0	0
ASTEC INDS INC	COM	046224101	17,384	450,000	SH		SOLE		450,000	0	0
ATMI INC	COM	00207R101	35,621	1,179,123	SH		SOLE		1,075,908	0	103,215
AURICO GOLD INC	COM	05155C105	8,932	2,432,763	SH		SOLE		2,432,763	0	0
AVX CORP NEW	COM	002444107	22,906	1,644,350	SH		SOLE		1,644,350	0	0
AVERY DENNISON CORP	COM	053611109	1,908	38,017	SH		SOLE		38,017	0	0
BLACK BOX CORP DEL	COM	091826107	35,780	1,200,679	SH		SOLE		1,200,679	0	0
BB&T CORP	COM	054937107	22,310	597,799	SH		SOLE		551,288	0	46,511
BOISE CASCADE CO DEL	COM	09739D100	8,074	273,881	SH		SOLE		244,919	0	28,962
BEBE STORES INC	COM	075571109	1,596	300,000	SH		SOLE		300,000	0	0
BUNGE LIMITED	COM	G16962105	25,492	310,456	SH		SOLE		286,610	0	23,846
BRIGGS & STRATTON CORP	COM	109043109	57,727	2,652,891	SH		SOLE		2,652,891	0	0
BERKSHIRE HILLS BANCORP INC	COM	084680107	33,661	1,234,368	SH		SOLE		1,234,368	0	0
ACTUATE CORP	COM	00508B102	10,794	1,400,000	SH		SOLE		1,400,000	0	0
BANK NEW YORK MELLON CORP	COM	064058100	25,059	717,210	SH		SOLE		655,745	0	61,465
DYNAMIC MATLS CORP	COM	267888105	1,636	75,267	SH		SOLE		75,267	0	0
BP PLC	SPONSORED ADR	055622104	3,677	75,818	SH		SOLE		66,943	0	8,875
BOSTON PRIVATE FINL HLDGS IN	COM	101119105	19,113	1,514,474	SH		SOLE		1,384,598	0	129,876
BRADY CORP	CL A	104674106	70,803	2,289,144	SH		SOLE		2,289,144	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	129	14,577	SH		SOLE		14,577	0	0
CAE INC	COM	124765108	700	55,000	SH		SOLE		55,000	0	0
CARDINAL HEALTH INC	COM	14149Y108	16,833	251,954	SH		SOLE		229,379	0	22,575
CAPITAL BK FINL CORP	CL A COM	139794101	6,825	300,000	SH		SOLE		300,000	0	0
CAMBREX CORP	COM	132011107	26,507	1,486,652	SH		SOLE		1,470,217	0	16,435
CIBER INC	COM	17163B102	2,070	500,000	SH		SOLE		500,000	0	0
CAMPUS CREST CMNTYS INC	COM	13466Y105	12,503	1,328,701	SH		SOLE		1,222,059	0	106,642
CROSS CTRY HEALTHCARE INC	COM	227483104	8,436	945,332	SH		SOLE		926,802	0	18,530
C D I CORP	COM	125071100	35,275	1,903,694	SH		SOLE		1,903,694	0	0
CHICOS FAS INC	COM	168615102	62,344	3,309,136	SH		SOLE		3,309,136	0	0
COMMERCIAL METALS CO	COM	201723103	55,057	2,708,166	SH		SOLE		2,708,166	0	0
CONMED CORP	COM	207410101	75,386	1,773,782	SH		SOLE		1,773,782	0	0
CONWAY INC	COM	205944101	56,922	1,433,436	SH		SOLE		1,433,436	0	0
COBIZ FINANCIAL INC	COM	190897108	8,970	750,000	SH		SOLE		750,000	0	0
CAPITAL ONE FINL CORP	COM	14040H105	29,560	385,851	SH		SOLE		358,011	0	27,840
COMSTOCK RES INC	COM NEW	205768203	33,837	1,850,000	SH		SOLE		1,850,000	0	0
CISCO SYS INC	COM	17275R102	23,858	1,062,713	SH		SOLE		969,361	0	93,352
CENTERSTATE BANKS INC	COM	15201P109	17,076	1,682,394	SH		SOLE		1,682,394	0	0
COMPUTER TASK GROUP INC	COM	205477102	11,365	601,332	SH		SOLE		601,332	0	0
CTS CORP	COM	126501105	52,997	2,661,840	SH		SOLE		2,661,840	0	0
COMMERCIAL VEH GROUP INC	COM	202608105	727	100,000	SH		SOLE		100,000	0	0
WILLIAMS CLAYTON ENERGY INC	COM	969490101	12,293	150,000	SH		SOLE		150,000	0	0
CYBEROPTICS CORP	COM	232517102	2,576	404,963	SH		SOLE		404,963	0	0
DIEBOLD INC	COM	253651103	214	6,496	SH		SOLE		6,496	0	0
DENNYS CORP	COM	24869P104	8,988	1,250,000	SH		SOLE		1,250,000	0	0
DEAN FOODS CO NEW	COM NEW	242370203	16,694	971,140	SH		SOLE		971,140	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	27,657	516,576	SH		SOLE		475,179	0	41,397
DIGITAL RLTY TR INC	COM	253868103	27,804	566,035	SH		SOLE		517,784	0	48,251
DUN & BRADSTREET CORP DEL NE	COM	26483E100	41,178	335,459	SH		SOLE		310,746	0	24,713
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	2,960	60,748	SH		SOLE		60,748	0	0
DIGIRAD CORP	COM	253827109	6,660	1,800,000	SH		SOLE		1,800,000	0	0
DYNAMICS RESH CORP	COM	268057106	17,884	1,557,830	SH		SOLE		1,423,230	0	134,600
DEVRY ED GROUP INC	COM	251893103	37,469	1,055,465	SH		SOLE		1,055,465	0	0
DEVON ENERGY CORP NEW	COM	25179M103	30,395	491,266	SH		SOLE		450,558	0	40,708
DAWSON GEOPHYSICAL CO	COM	239359102	610	18,037	SH		SOLE		18,037	0	0
DESTINATION XL GROUP INC	COM	25065K104	6,570	1,000,000	SH		SOLE		1,000,000	0	0
ENCORE CAP GROUP INC	COM	292554102	10,052	200,000	SH		SOLE		200,000	0	0
EL PASO ELEC CO	COM NEW	283677854	8,778	250,000	SH		SOLE		250,000	0	0
ELECTRO RENT CORP	COM	285218103	22,233	1,200,492	SH		SOLE		1,200,492	0	0
ENDURANCE SPECIALTY HLDGS LT	SHS	G30397106	43,346	738,807	SH		SOLE		692,991	0	45,816
ENSIGN GROUP INC	COM	29358P101	32,553	735,335	SH		SOLE		707,125	0	28,210
ENTEGRIS INC	COM	29362U104	41,993	3,620,089	SH		SOLE		3,620,089	0	0
ESCO TECHNOLOGIES INC	COM	296315104	54,175	1,581,280	SH		SOLE		1,581,280	0	0
EZCORP INC	CL A NON VTG	302301106	2,338	200,000	SH		SOLE		200,000	0	0
FRESH DEL MONTE PRODUCE INC	ORD	G36738105	16,501	583,062	SH		SOLE		532,328	0	50,734
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	13,497	475,749	SH		SOLE		433,620	0	42,129
FINISH LINE INC	CL A	317923100	10,141	411,870	SH		SOLE		411,870	0	0
FLOW INTL CORP	COM	343468104	6,060	1,500,000	SH		SOLE		1,500,000	0	0
FABRINET	SHS	G3323L100	8,861	430,994	SH		SOLE		393,099	0	37,895
FEDERATED NATL HLDG CO	COM	31422T101	5,852	400,000	SH		SOLE		400,000	0	0
FREDS INC	CL A	356108100	84,015	4,536,470	SH		SOLE		4,470,090	0	66,380
FURMANITE CORPORATION	COM	361086101	2,655	250,000	SH		SOLE		250,000	0	0
FEDERAL SIGNAL CORP	COM	313855108	117,187	7,999,088	SH		SOLE		7,999,088	0	0
FOSTER L B CO	COM	350060109	9,458	200,000	SH		SOLE		200,000	0	0
FUEL TECH INC	COM	359523107	5,020	708,000	SH		SOLE		708,000	0	0
GLACIER BANCORP INC NEW	COM	37637Q105	50,927	1,709,531	SH		SOLE		1,709,531	0	0
GREIF INC	CL A	397624107	53,067	1,012,736	SH		SOLE		1,012,736	0	0
GULF ISLAND FABRICATION INC	COM	402307102	35,867	1,544,655	SH		SOLE		1,544,655	0	0
CORNING INC	COM	219350105	2,643	148,319	SH		SOLE		148,319	0	0
GATX CORP	COM	361448103	72,820	1,395,816	SH		SOLE		1,395,816	0	0
GOLDEN STAR RES LTD CDA	COM	38119T104	13,807	31,379,418	SH		SOLE		29,682,393	0	1,697,025
TRIPLES MGMT CORP	CL B	896749108	10,840	557,608	SH		SOLE		507,933	0	49,675
GRANITE CONSTR INC	COM	387328107	93,929	2,685,225	SH		SOLE		2,685,225	0	0
HAWAIIAN HOLDINGS INC	COM	419879101	12,038	1,250,000	SH		SOLE		1,250,000	0	0
HUNTINGTON BANCSHARES INC	COM	446150104	210	21,733	SH		SOLE		21,733	0	0
HARDINGE INC	COM	412324303	4,341	300,000	SH		SOLE		300,000	0	0
HESS CORP	COM	42809H107	10,844	130,647	SH		SOLE		119,035	0	11,612
HF FINL CORP	COM	404172108	4,533	350,000	SH		SOLE		350,000	0	0
HERITAGE FINL CORP WASH	COM	42722X106	5,133	300,000	SH		SOLE		300,000	0	0
HOOPER HOLMES INC	COM	439104100	6,471	12,209,238	SH		SOLE		11,458,031	0	751,207
HARTEHANKS INC	COM	416196103	34,259	4,380,986	SH		SOLE		4,380,986	0	0
HARRIS INTERACTIVE INC	COM	414549105	2,000	1,000,000	SH		SOLE		1,000,000	0	0
HARRIS CORP DEL	COM	413875105	3,347	47,939	SH		SOLE		47,939	0	0
HARSCO CORP	COM	415864107	8,409	300,000	SH		SOLE		300,000	0	0
HEIDRICK & STRUGGLES INTL IN	COM	422819102	36,551	1,814,834	SH		SOLE		1,814,834	0	0
HUDSON GLOBAL INC	COM	443787106	18,620	4,631,826	SH		SOLE		4,343,161	0	288,665
HOSPIRA INC	COM	441060100	34,264	830,050	SH		SOLE		758,622	0	71,428
HUMANA INC	COM	444859102	20,615	199,715	SH		SOLE		182,627	0	17,088
HOUSTON WIRE & CABLE CO	COM	44244K109	3,659	273,433	SH		SOLE		273,433	0	0
IAMGOLD CORP	COM	450913108	14,178	4,263,278	SH		SOLE		3,932,188	0	331,090
INTEGRATED DEVICE TECHNOLOGY	COM	458118106	33,098	3,248,113	SH		SOLE		3,248,113	0	0
INDEPENDENT BANK CORP MASS	COM	453836108	40,341	1,029,370	SH		SOLE		1,029,370	0	0
INTEL CORP	COM	458140100	28,467	1,096,558	SH		SOLE		1,001,795	0	94,763
INTREPID POTASH INC	COM	46121Y102	90,185	5,693,474	SH		SOLE		5,693,474	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730103	1,999	232,986	SH		SOLE		206,736	0	26,250
ITRON INC	COM	465741106	6,215	150,000	SH		SOLE		150,000	0	0
INVACARE CORP	COM	461203101	100,492	4,329,675	SH		SOLE		4,279,940	0	49,735
JETBLUE AIRWAYS CORP	COM	477143101	23,568	2,756,529	SH		SOLE		2,513,904	0	242,625
JOHN BEAN TECHNOLOGIES CORP	COM	477839104	36,317	1,238,234	SH		SOLE		1,238,234	0	0
JOHNSON CTLS INC	COM	478366107	40,579	791,015	SH		SOLE		728,522	0	62,493
JANUS CAP GROUP INC	COM	47102X105	5,582	451,234	SH		SOLE		352,784	0	98,450
JONES GROUP INC	COM	48020T101	6,645	444,170	SH		SOLE		444,170	0	0
JOY GLOBAL INC	COM	481165108	23,124	395,348	SH		SOLE		359,988	0	35,360
KAISER ALUMINUM CORP	COM PAR $0.01	483007704	35,703	508,298	SH		SOLE		508,298	0	0
KBR INC	COM	48242W106	28,725	900,742	SH		SOLE		822,063	0	78,679
KOHLS CORP	COM	500255104	18,129	319,455	SH		SOLE		291,564	0	27,891
LYDALL INC DEL	COM	550819106	12,334	700,000	SH		SOLE		700,000	0	0
LEIDOS HLDGS INC	COM	525327102	8,040	172,942	SH		SOLE		157,857	0	15,085
LEAPFROG ENTERPRISES INC	CL A	52186N106	2,382	300,000	SH		SOLE		300,000	0	0
LATAM AIRLS GROUP S A	SPONSORED ADR	51817R106	21,485	1,317,268	SH		SOLE		1,193,156	0	124,112
LHC GROUP INC	COM	50187A107	9,616	400,000	SH		SOLE		400,000	0	0
LINCOLN EDL SVCS CORP	COM	533535100	18,437	3,702,210	SH		SOLE		3,508,105	0	194,105
SOUTHWEST AIRLS CO	COM	844741108	11,102	589,265	SH		SOLE		536,930	0	52,335
LEXMARK INTL NEW	CL A	529771107	3,610	101,632	SH		SOLE		101,632	0	0
LSB INDS INC	COM	502160104	14,715	358,737	SH		SOLE		326,272	0	32,465
MAGNETEK INC	COM NEW	559424403	7,176	299,999	SH		SOLE		299,999	0	0
MANTECH INTL CORP	CL A	564563104	47,372	1,582,774	SH		SOLE		1,582,774	0	0
MICREL INC	COM	594793101	39,437	3,995,610	SH		SOLE		3,995,610	0	0
M D C HLDGS INC	COM	552676108	28,821	893,950	SH		SOLE		893,950	0	0
MCDERMOTT INTL INC	COM	580037109	178	19,467	SH		SOLE		19,467	0	0
MFRI INC	COM	552721102	3,830	266,930	SH		SOLE		266,930	0	0
MEADOWBROOK INS GROUP INC	COM	58319P108	3,480	500,000	SH		SOLE		500,000	0	0
MKS INSTRUMENT INC	COM	55306N104	43,100	1,439,546	SH		SOLE		1,439,546	0	0
MOSAIC CO NEW	COM	61945C103	27,743	586,912	SH		SOLE		535,124	0	51,788
MARATHON OIL CORP	COM	565849106	1,690	47,871	SH		SOLE		47,871	0	0
MARTEN TRANS LTD	COM	573075108	9,086	450,000	SH		SOLE		450,000	0	0
MAINSOURCE FINANCIAL CP INC	COM	56062Y102	9,015	500,000	SH		SOLE		500,000	0	0
MIDSOUTH BANCORP INC	COM	598039105	9,823	550,000	SH		SOLE		550,000	0	0
MATERION CORP	COM	576690101	62,335	2,020,598	SH		SOLE		2,020,598	0	0
MYRIAD GENETICS INC	COM	62855J104	13,763	656,000	SH		SOLE		626,400	0	29,600
NAVIGANT CONSULTING INC	COM	63935N107	83,953	4,372,569	SH		SOLE		4,342,469	0	30,100
NEWMONT MINING CORP	COM	651639106	459	19,935	SH		SOLE		16,335	0	3,600
NORTH VALLEY BANCORP	COM NEW	66304M204	7,564	400,000	SH		SOLE		400,000	0	0
NEWPARK RES INC	COM PAR $.01NEW	651718504	27,162	2,210,055	SH		SOLE		2,170,150	0	39,905
NUCOR CORP	COM	670346105	13,022	243,948	SH		SOLE		223,059	0	20,889
NORTHWEST PIPE CO	COM	667746101	16,725	442,930	SH		SOLE		434,800	0	8,130
QUANEX BUILDING PRODUCTS COR	COM	747619104	63,537	3,189,624	SH		SOLE		3,189,624	0	0
ONEBEACON INSURANCE GROUP LT	CL A	G67742109	6,024	380,775	SH		SOLE		380,775	0	0
OIL DRI CORP AMER	COM	677864100	5,676	150,000	SH		SOLE		150,000	0	0
OLIN CORP	COM PAR $1	680665205	46,970	1,628,070	SH		SOLE		1,628,070	0	0
OMNOVA SOLUTIONS INC	COM	682129101	2,733	300,000	SH		SOLE		300,000	0	0
OLD NATL BANCORP IND	COM	680033107	63,755	4,148,005	SH		SOLE		4,148,005	0	0
OMNIVISION TECHNOLOGIES INC	COM	682128103	23,295	1,354,368	SH		SOLE		1,288,108	0	66,260
PACER INTL INC TENN	COM	69373H106	10,584	1,281,382	SH		SOLE		1,234,282	0	47,100
PAR TECHNOLOGY CORP	COM	698884103	1,635	300,000	SH		SOLE		300,000	0	0
PACIFIC CONTINENTAL CORP	COM	69412V108	6,376	400,000	SH		SOLE		400,000	0	0
PCTEL INC	COM	69325Q105	3,050	318,733	SH		SOLE		318,733	0	0
PDI INC	COM	69329V100	13,928	2,895,559	SH		SOLE		2,654,550	0	241,009
PENFORD CORP	COM	707051108	7,694	598,789	SH		SOLE		545,414	0	53,375
PERMAFIX ENVIRONMENTAL SVCS	COM NEW	714157203	5,805	1,786,252	SH		SOLE		1,621,712	0	164,540
PFIZER INC	COM	717081103	21,830	712,690	SH		SOLE		656,846	0	55,844
PRINCIPAL FINL GROUP INC	COM	74251V102	30,754	623,697	SH		SOLE		579,360	0	44,337
PROVIDENT FINL SVCS INC	COM	74386T105	33,771	1,747,978	SH		SOLE		1,747,978	0	0
PARK ELECTROCHEMICAL CORP	COM	700416209	50,269	1,750,298	SH		SOLE		1,750,298	0	0
POLYCOM INC	COM	73172K104	3,369	300,000	SH		SOLE		300,000	0	0
EPLUS INC	COM	294268107	20,053	352,795	SH		SOLE		352,795	0	0
PHARMERICA CORP	COM	71714F104	54,506	2,535,172	SH		SOLE		2,535,172	0	0
PNC FINL SVCS GROUP INC	COM	693475105	23,683	305,267	SH		SOLE		282,048	0	23,219
POWELL INDS INC	COM	739128106	8,374	125,000	SH		SOLE		125,000	0	0
PIONEER PWR SOLUTIONS INC	COM NEW	723836300	4,332	416,538	SH		SOLE		416,538	0	0
PROGRESS SOFTWARE CORP	COM	743312100	5,396	208,900	SH		SOLE		208,900	0	0
PENN WEST PETE LTD NEW	COM	707887105	418	50,000	SH		SOLE		50,000	0	0
QUESTCOR PHARMACEUTICALS INC	COM	74835Y101	21,780	400,000	SH		SOLE		400,000	0	0
RYDER SYS INC	COM	783549108	29,281	396,873	SH		SOLE		365,517	0	31,356
FREIGHTCAR AMER INC	COM	357023100	28,315	1,063,662	SH		SOLE		1,063,662	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	45,293	955,143	SH		SOLE		880,194	0	74,949
RCM TECHNOLOGIES INC	COM NEW	749360400	7,678	1,100,000	SH		SOLE		1,100,000	0	0
RESOURCES CONNECTION INC	COM	76122Q105	47,957	3,346,621	SH		SOLE		3,346,621	0	0
RF MICRODEVICES INC	COM	749941100	31,237	6,053,632	SH		SOLE		5,616,714	0	436,918
REINSURANCE GROUP AMER INC	COM NEW	759351604	316	4,088	SH		SOLE		4,088	0	0
REGIS CORP MINN	COM	758932107	65,553	4,517,752	SH		SOLE		4,517,752	0	0
RENASANT CORP	COM	75970E107	54,202	1,722,875	SH		SOLE		1,722,875	0	0
RUBY TUESDAY INC	COM	781182100	8,081	1,166,154	SH		SOLE		1,086,154	0	80,000
RTI INTL METALS INC	COM	74973W107	14,214	415,478	SH		SOLE		378,730	0	36,748
SCIENCE APPLICATNS INTL CP N	COM	808625107	3,329	100,677	SH		SOLE		92,073	0	8,604
SWIFT ENERGY CO	COM	870738101	26,250	1,944,443	SH		SOLE		1,859,033	0	85,410
STONE ENERGY CORP	COM	861642106	106,307	3,073,356	SH		SOLE		3,073,356	0	0
SILICON IMAGE INC	COM	82705T102	8,944	1,454,330	SH		SOLE		1,363,050	0	91,280
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	34,274	1,005,690	SH		SOLE		976,440	0	29,250
STARTEK INC	COM	85569C107	9,086	1,400,000	SH		SOLE		1,400,000	0	0
STAAR SURGICAL CO	COM PAR $0.01	852312305	8,095	500,000	SH		SOLE		500,000	0	0
SUNTRUST BKS INC	COM	867914103	308	8,363	SH		SOLE		8,363	0	0
STANLEY FURNITURE CO INC	COM NEW	854305208	2,880	750,000	SH		SOLE		750,000	0	0
SCORPIO TANKERS INC	SHS	Y7542C106	24,961	2,117,114	SH		SOLE		1,975,095	0	142,019
STERLING CONSTRUCTION CO INC	COM	859241101	8,798	750,000	SH		SOLE		750,000	0	0
SUPREME INDS INC	CL A	868607102	7,805	1,338,750	SH		SOLE		1,338,750	0	0
SUN CMNTYS INC	COM	866674104	2,187	51,283	SH		SOLE		51,058	0	225
SUPERIOR INDS INTL INC	COM	868168105	28,883	1,400,056	SH		SOLE		1,400,056	0	0
SYMETRA FINL CORP	COM	87151Q106	5,771	304,399	SH		SOLE		293,339	0	11,060
SYNALLOY CP DEL	COM	871565107	5,285	344,078	SH		SOLE		344,078	0	0
SYSTEMAX INC	COM	871851101	883	78,509	SH		SOLE		78,509	0	0
AT&T INC	COM	00206R102	1,480	42,095	SH		SOLE		38,335	0	3,760
MOLSON COORS BREWING CO	CL B	60871R209	2,733	48,671	SH		SOLE		48,671	0	0
TCF FINL CORP	COM	872275102	21,292	1,310,278	SH		SOLE		1,252,518	0	57,760
TIDEWATER INC	COM	886423102	29,256	493,599	SH		SOLE		454,191	0	39,408
TE CONNECTIVITY LTD	REG SHS	H84989104	23,608	428,379	SH		SOLE		391,202	0	37,177
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	25,714	641,577	SH		SOLE		582,478	0	59,099
TRIQUINT SEMICONDUCTOR INC	COM	89674K103	20,544	2,463,315	SH		SOLE		2,325,470	0	137,845
TRINITY BIOTECH PLC	SPON ADR NEW	896438306	30,819	1,225,878	SH		SOLE		1,188,763	0	37,115
TRONOX LTD	SHS CL A	Q9235V101	48,100	2,084,959	SH		SOLE		2,084,959	0	0
TRC COS INC	COM	872625108	17,480	2,448,246	SH		SOLE		2,322,355	0	125,891
TRISTATE CAP HLDGS INC	COM	89678F100	6,477	546,100	SH		SOLE		546,100	0	0
TECHTARGET INC	COM	87874R100	522	76,082	SH		SOLE		76,082	0	0
TETRA TECHNOLOGIES INC DEL	COM	88162F105	18,540	1,500,000	SH		SOLE		1,500,000	0	0
UNION FIRST MKT BANKSH CP	COM	90662P104	40,304	1,674,439	SH		SOLE		1,674,439	0	0
UNIVERSAL FST PRODS INC	COM	913543104	79,930	1,532,994	SH		SOLE		1,499,872	0	33,122
UNITED INS HLDGS CORP	COM	910710102	15,157	1,076,459	SH		SOLE		1,076,459	0	0
UMPQUA HLDGS CORP	COM	904214103	72,893	3,808,417	SH		SOLE		3,808,417	0	0
UNIT CORP	COM	909218109	140,813	2,727,873	SH		SOLE		2,709,648	0	18,225
ULTRA PETROLEUM CORP	COM	903914109	108,246	4,999,808	SH		SOLE		4,972,203	0	27,605
URS CORP NEW	COM	903236107	25,181	475,196	SH		SOLE		434,398	0	40,798
UNITED STATIONERS INC	COM	913004107	22,887	498,728	SH		SOLE		463,469	0	35,259
UNIVERSAL TECHNICAL INST INC	COM	913915104	3,342	240,233	SH		SOLE		240,233	0	0
VALASSIS COMMUNICATIONS INC	COM	918866104	8,563	250,000	SH		SOLE		250,000	0	0
VISHAY PRECISION GROUP INC	COM	92835K103	3,723	250,000	SH		SOLE		250,000	0	0
VERA BRADLEY INC	COM	92335C106	13,056	543,107	SH		SOLE		496,399	0	46,708
WASHINGTON FED INC	COM	938824109	14,649	628,984	SH		SOLE		574,688	0	54,296
WASHINGTON BKG CO OAK HBR WA	COM	937303105	3,546	200,000	SH		SOLE		200,000	0	0
WCI CMNTYS INC	COM PAR $0.01	92923C807	6,907	361,795	SH		SOLE		340,685	0	21,110
WILLBROS GROUP INC DEL	COM	969203108	22,885	2,429,355	SH		SOLE		2,352,255	0	77,100
ENCORE WIRE CORP	COM	292562105	77,831	1,435,995	SH		SOLE		1,435,995	0	0
WPX ENERGY INC	COM	98212B103	66,350	3,255,652	SH		SOLE		3,255,652	0	0
WILLIS GROUP HOLDINGS PUBLIC	SHS	G96666105	1,263	28,196	SH		SOLE		28,196	0	0
WESTELL TECHNOLOGIES INC	CL A	957541105	14,490	3,577,762	SH		SOLE		3,577,762	0	0
WESTERN UN CO	COM	959802109	3,131	181,479	SH		SOLE		181,479	0	0
EXELIS INC	COM	30162A108	5,718	300,000	SH		SOLE		300,000	0	0
YAMANA GOLD INC	COM	98462Y100	690	80,000	SH		SOLE		80,000	0	0
ZEP INC	COM	98944B108	38,372	2,113,011	SH		SOLE		2,113,011	0	0
OLYMPIC STEEL INC	COM	68162K106	14,490	500,000	SH		SOLE		500,000	0	0
ZIONS BANCORPORATION	COM	989701107	571	19,075	SH		SOLE		19,075	0	0
ZIMMER HLDGS INC	COM	98956P102	1,747	18,745	SH		SOLE		18,745	0	0