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
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
A M Castle & Co COM 148411101 3,825 346,424 SH   SOLE   346,424 0 0
Accretive Health Inc COM 00438v103 175 22,400 SH   SOLE   22,400 0 0
Accuride Corp COM 00439t206 147 30,000 SH   SOLE   30,000 0 0
Adirondack Trust co Saratoga S COM 007014103 455 280 SH   SOLE   280 0 0
Aegean Marine Petroleum Networ COM y0017s102 631 62,500 SH   SOLE   62,500 0 0
Aegean Marine Petroleum Networ COM y0017s102 2,068 205,000 SH   DFND 1 0 205,000 0
Air Transport Services Group COM 00922r105 545 65,100 SH   SOLE   65,100 0 0
Air Transport Services Group COM 00922r105 1,812 216,500 SH   DFND 1 0 216,500 0
Albany International Corp. 'A' COM 012348108 380 10,000 SH   SOLE   10,000 0 0
Alleghany Corporation COM 017175100 1,184 2,703 SH   SOLE   2,703 0 0
Alleghany Corporation COM 017175100 131 300 SH   DFND 1 0 300 0
Alliance Fiber Optic Products COM 018680306 217 12,000 SH   SOLE   12,000 0 0
Allison Transmission Hldgs Inc COM 01973r101 934 30,025 SH   SOLE   30,025 0 0
Allscripts Healthcare Solution COM 01988P108 4,685 291,900 SH   SOLE   291,900 0 0
Allscripts Healthcare Solution COM 01988P108 2,086 130,000 SH   DFND 1 0 130,000 0
Alphatec Hldgs Inc COM 02081g102 1,930 1,183,900 SH   SOLE   1,183,900 0 0
Amer Eagle Outfitters COM 02553e106 4,363 388,872 SH   SOLE   388,872 0 0
Amer Eagle Outfitters COM 02553e106 1,806 160,961 SH   DFND 1 0 160,961 0
American Airlines Group Inc. COM 02376r102 430 10,000 SH   SOLE   10,000 0 0
American Financial Group COM 025932104 1,257 21,105 SH   SOLE   21,105 0 0
American Financial Group COM 025932104 89 1,500 SH   DFND 1 0 1,500 0
American Tower Corporation New COM 03027x100 673 7,475 SH   SOLE   7,475 0 0
American Woodmark Corporation COM 030506109 4,223 132,500 SH   SOLE   132,500 0 0
American Woodmark Corporation COM 030506109 637 20,000 SH   DFND 1 0 20,000 0
AngioDynamics, Inc. COM 03475V101 6,807 416,851 SH   SOLE   416,851 0 0
AngioDynamics, Inc. COM 03475V101 2,286 140,000 SH   DFND 1 0 140,000 0
Apco Oil & Gas International, COM g0471f109 5,428 376,148 SH   SOLE   376,148 0 0
Applied Industrial Technologie COM 03820C105 4,546 89,605 SH   SOLE   89,605 0 0
Applied Industrial Technologie COM 03820C105 86 1,700 SH   DFND 1 0 1,700 0
Approach Resources Inc COM 03834a103 1,915 84,250 SH   SOLE   84,250 0 0
Approach Resources Inc COM 03834a103 80 3,500 SH   DFND 1 0 3,500 0
Aptargroup, Inc. COM 038336103 1,119 16,700 SH   SOLE   16,700 0 0
Aptargroup, Inc. COM 038336103 101 1,500 SH   DFND 1 0 1,500 0
Ardmore Shipping Corp COM y0207t100 535 38,700 SH   SOLE   38,700 0 0
Ardmore Shipping Corp COM y0207t100 1,799 130,100 SH   DFND 1 0 130,100 0
Aruba Networks, Inc. COM 043176106 787 44,900 SH   SOLE   44,900 0 0
Aspen Insurance Holdings Ltd COM g05384105 5,851 128,825 SH   SOLE   128,825 0 0
Aspen Insurance Holdings Ltd COM g05384105 119 2,625 SH   DFND 1 0 2,625 0
Atricure Inc COM 04963c209 2,064 112,300 SH   SOLE   112,300 0 0
Avago Technologies COM y0486s104 12,922 179,300 SH   SOLE   179,300 0 0
Avid Technology, Inc. COM 05367p100 613 82,905 SH   SOLE   82,905 0 0
Avid Technology, Inc. COM 05367p100 227 30,700 SH   DFND 1 0 30,700 0
Baltic Trading Limited COM y0553w103 276 46,200 SH   SOLE   46,200 0 0
Baltic Trading Limited COM y0553w103 927 155,000 SH   DFND 1 0 155,000 0
Banner Corp New COM 06652v208 416 10,500 SH   SOLE   10,500 0 0
Banner Corp New COM 06652v208 1,343 33,900 SH   DFND 1 0 33,900 0
Baxter International COM 071813109 759 10,500 SH   SOLE   10,500 0 0
Bebe Stores, Inc. COM 075571109 9,837 3,225,226 SH   SOLE   3,225,226 0 0
Bebe Stores, Inc. COM 075571109 305 100,000 SH   DFND 1 0 100,000 0
Berry Plastics Group, Inc. COM 08579w103 334 12,950 SH   SOLE   12,950 0 0
Best Buy Co COM 086516101 1,581 50,980 SH   SOLE   50,980 0 0
Best Buy Co COM 086516101 112 3,600 SH   DFND 1 0 3,600 0
Black Diamond Inc COM 09202g101 337 30,000 SH   SOLE   30,000 0 0
Blackstone Mortgage TR Inc Cl COM 09257w100 438 15,100 SH   SOLE   15,100 0 0
Blackstone Mortgage TR Inc Cl COM 09257w100 1,488 51,300 SH   DFND 1 0 51,300 0
Body Central Corp COM 09689u102 1,140 1,286,400 SH   SOLE   1,286,400 0 0
Boise Cascade Company COM 09739d100 2,313 80,758 SH   SOLE   80,758 0 0
Boise Cascade Company COM 09739d100 86 3,000 SH   DFND 1 0 3,000 0
Bon-Ton Stores, Inc. COM 09776J101 928 90,000 SH   SOLE   90,000 0 0
Brocade Communications COM 111621306 7,242 787,175 SH   SOLE   787,175 0 0
Brocade Communications COM 111621306 77 8,400 SH   DFND 1 0 8,400 0
Brooks Automation Inc. COM 114340102 3,856 358,050 SH   SOLE   358,050 0 0
Brooks Automation Inc. COM 114340102 2,517 233,680 SH   DFND 1 0 233,680 0
Brown Shoe Company COM 115736100 20,983 733,400 SH   SOLE   733,400 0 0
Brown Shoe Company COM 115736100 134 4,700 SH   DFND 1 0 4,700 0
C&J Energy Services Inc. COM 12467b304 64 1,900 SH   SOLE   1,900 0 0
C&J Energy Services Inc. COM 12467b304 199 5,900 SH   DFND 1 0 5,900 0
Callaway Golf COM 131193104 703 84,500 SH   SOLE   84,500 0 0
Capital Senior Living Corp COM 140475104 534 22,400 SH   SOLE   22,400 0 0
Capitol Federal Financial Inc COM 14057J101 1,726 141,975 SH   SOLE   141,975 0 0
CDW Corporation COM 12514g108 905 28,400 SH   SOLE   28,400 0 0
Ceragon Networks Ltd COM m22013102 51 20,000 SH   SOLE   20,000 0 0
Cohu Inc. COM 192576106 13,005 1,215,400 SH   SOLE   1,215,400 0 0
Colgate-Palmolive COM 194162103 5,986 87,800 SH   SOLE   87,800 0 0
Comcast Corporation Cl A COM 20030n101 413 7,700 SH   SOLE   7,700 0 0
Commercial Metals Company COM 201723103 9,953 575,000 SH   SOLE   575,000 0 0
Commercial Metals Company COM 201723103 1,482 85,600 SH   DFND 1 0 85,600 0
CONSOL Energy Inc. COM 20854p109 607 13,175 SH   SOLE   13,175 0 0
Convergys Corporation COM 212485106 5,445 253,960 SH   SOLE   253,960 0 0
Convergys Corporation COM 212485106 2,846 132,750 SH   DFND 1 0 132,750 0
Cray Computer COM 225223304 22,297 838,221 SH   SOLE   838,221 0 0
CTS Corp COM 126501105 6,829 365,200 SH   SOLE   365,200 0 0
Dawson Geophysical COM 239359102 18,125 632,651 SH   SOLE   632,651 0 0
Deckers Outdoor Corporation COM 243537107 1,908 22,100 SH   SOLE   22,100 0 0
Deckers Outdoor Corporation COM 243537107 2,417 28,000 SH   DFND 1 0 28,000 0
Delek US Holdings Inc. COM 246647101 3,697 130,975 SH   SOLE   130,975 0 0
Delek US Holdings Inc. COM 246647101 113 4,000 SH   DFND 1 0 4,000 0
Demand Media Inc COM 24802n208 1,419 294,325 SH   SOLE   294,325 0 0
Demand Media Inc COM 24802n208 977 202,660 SH   DFND 1 0 202,660 0
Dillards Inc. COM 254067101 233 2,000 SH   SOLE   2,000 0 0
Dillards Inc. COM 254067101 163 1,400 SH   DFND 1 0 1,400 0
Ducommun Inc COM 264147109 16,559 633,729 SH   SOLE   633,729 0 0
Ducommun Inc COM 264147109 1,306 50,000 SH   DFND 1 0 50,000 0
Dycom Industries, Inc. COM 267475101 780 24,900 SH   SOLE   24,900 0 0
Earthlink Holdings Corp COM 27033x101 418 112,300 SH   SOLE   112,300 0 0
Edwards Lifesciences Corporati COM 28176E108 446 5,200 SH   SOLE   5,200 0 0
Electro Scientific Industries COM 285229100 363 53,300 SH   SOLE   53,300 0 0
Electro Scientific Industries COM 285229100 1,317 193,400 SH   DFND 1 0 193,400 0
Electronics for Imaging Inc. COM 286082102 298 6,600 SH   SOLE   6,600 0 0
EMCOR Group, Inc. COM 29084Q100 3,990 89,613 SH   SOLE   89,613 0 0
EMCOR Group, Inc. COM 29084Q100 2,410 54,125 SH   DFND 1 0 54,125 0
Emcore Corporation COM 290846203 2,283 554,174 SH   SOLE   554,174 0 0
Emcore Corporation COM 290846203 416 100,900 SH   DFND 1 0 100,900 0
Emerald Oil, Inc COM 29101u209 800 104,525 SH   SOLE   104,525 0 0
Emmis Communications Corp COM 291525103 728 243,450 SH   SOLE   243,450 0 0
Emulex Corporation COM 292475209 3,336 585,190 SH   SOLE   585,190 0 0
Emulex Corporation COM 292475209 855 149,950 SH   DFND 1 0 149,950 0
Endo Intl PLC COM g30401106 658 9,400 SH   SOLE   9,400 0 0
EnerSys COM 29275y102 22,443 326,250 SH   SOLE   326,250 0 0
EnerSys COM 29275y102 124 1,800 SH   DFND 1 0 1,800 0
Entegris Inc COM 29362u104 4,460 324,500 SH   SOLE   324,500 0 0
Essex Rental Corp COM 297187106 581 239,250 SH   SOLE   239,250 0 0
Ethan Allen Interiors COM 297602104 10,680 431,700 SH   SOLE   431,700 0 0
Exactech Inc. COM 30064e109 8,022 317,948 SH   SOLE   317,948 0 0
Exar Corporation COM 300645108 1,280 113,300 SH   SOLE   113,300 0 0
Express Inc. COM 30219e103 4,658 273,511 SH   SOLE   273,511 0 0
Express Inc. COM 30219e103 2,554 149,975 SH   DFND 1 0 149,975 0
Extreme Networks COM 30226d106 18,604 4,190,000 SH   SOLE   4,190,000 0 0
Extreme Networks COM 30226d106 2,753 620,000 SH   DFND 1 0 620,000 0
Ezcorp Inc COM 302301106 1,831 158,570 SH   SOLE   158,570 0 0
Fabrinet COM g3323l100 14,103 684,600 SH   SOLE   684,600 0 0
Federal Signal Corp COM 313855108 16,808 1,147,300 SH   SOLE   1,147,300 0 0
Federal Signal Corp COM 313855108 2,197 150,000 SH   DFND 1 0 150,000 0
Fidelity National Financial COM 31620r303 1,057 32,269 SH   SOLE   32,269 0 0
Fidelity National Financial COM 31620r303 82 2,500 SH   DFND 1 0 2,500 0
Finisar Corp COM 31787a507 26,748 1,354,325 SH   SOLE   1,354,325 0 0
Finisar Corp COM 31787a507 790 40,000 SH   DFND 1 0 40,000 0
Finish Line, Inc. COM 317923100 22,525 757,400 SH   SOLE   757,400 0 0
Finish Line, Inc. COM 317923100 743 25,000 SH   DFND 1 0 25,000 0
First Majestic Silver Corp COM 32076v103 1,946 180,025 SH   SOLE   180,025 0 0
First Majestic Silver Corp COM 32076v103 1,196 110,675 SH   DFND 1 0 110,675 0
Fly Leasign Limited Sponsored COM 34407d109 1,008 69,550 SH   SOLE   69,550 0 0
Foot Locker, Inc. COM 344849104 6,410 126,381 SH   SOLE   126,381 0 0
Foot Locker, Inc. COM 344849104 3,361 66,275 SH   DFND 1 0 66,275 0
Fossil Group Inc. COM 34988v106 523 5,000 SH   SOLE   5,000 0 0
Francesca's Holdings Corp. COM 351793104 330 22,400 SH   SOLE   22,400 0 0
Gamestop corp- new cl-A COM 36467w109 202 5,000 SH   SOLE   5,000 0 0
GATX Corp COM 361448103 5,509 82,300 SH   SOLE   82,300 0 0
GATX Corp COM 361448103 2,229 33,300 SH   DFND 1 0 33,300 0
General Electric COM 369604103 306 11,632 SH   SOLE   11,632 0 0
Gentherm Inc COM 37253a103 667 15,000 SH   SOLE   15,000 0 0
Globus Medical Inc Cl A new COM 379577208 19,139 800,125 SH   SOLE   800,125 0 0
Globus Medical Inc Cl A new COM 379577208 818 34,200 SH   DFND 1 0 34,200 0
Gordmans Stores Inc COM 38269p100 7,835 1,822,200 SH   SOLE   1,822,200 0 0
Gordmans Stores Inc COM 38269p100 430 100,000 SH   DFND 1 0 100,000 0
Gramercy Property Trust Inc COM 38489r100 451 74,500 SH   SOLE   74,500 0 0
Gramercy Property Trust Inc COM 38489r100 1,500 247,900 SH   DFND 1 0 247,900 0
Granite Construction Inc. COM 387328107 194 5,400 SH   SOLE   5,400 0 0
Granite Construction Inc. COM 387328107 648 18,000 SH   DFND 1 0 18,000 0
Gray Television Inc COM 389375106 305 23,200 SH   SOLE   23,200 0 0
Guidance Software, Inc. COM 401692108 409 44,900 SH   SOLE   44,900 0 0
Halozyme Therapeutics, Inc. COM 40637H109 99 10,000 SH   SOLE   10,000 0 0
Hardinge Inc. COM 412324303 3,690 291,700 SH   SOLE   291,700 0 0
Harmonic Inc COM 413160102 14,398 1,930,025 SH   SOLE   1,930,025 0 0
Harmonic Inc COM 413160102 448 60,000 SH   DFND 1 0 60,000 0
Hillenbrand Inc COM 431571108 4,413 135,295 SH   SOLE   135,295 0 0
Hillenbrand Inc COM 431571108 264 8,100 SH   DFND 1 0 8,100 0
Hooker Furniture Corporation COM 439038100 1,086 67,300 SH   SOLE   67,300 0 0
Huttig Building COM 448451104 11,078 2,347,052 SH   SOLE   2,347,052 0 0
IAC/Interactive Corp COM 44919p508 2,861 41,329 SH   SOLE   41,329 0 0
IAC/Interactive Corp COM 44919p508 3,063 44,250 SH   DFND 1 0 44,250 0
Iconix Brand Group Inc COM 451055107 391 9,100 SH   SOLE   9,100 0 0
Iconix Brand Group Inc COM 451055107 1,288 30,000 SH   DFND 1 0 30,000 0
Imris Inc. COM 45322n105 11 10,000 SH   SOLE   10,000 0 0
Incontact Inc. COM 45336e109 679 73,850 SH   SOLE   73,850 0 0
Infoblox Inc. COM 45672h104 131 10,000 SH   SOLE   10,000 0 0
Innospec Inc COM 45768s105 454 10,525 SH   SOLE   10,525 0 0
Innospec Inc COM 45768s105 58 1,350 SH   DFND 1 0 1,350 0
Insight Enterprises COM 45765U103 11,014 358,300 SH   SOLE   358,300 0 0
Insteel Industries Inc COM 45774w108 14,993 762,990 SH   SOLE   762,990 0 0
Insteel Industries Inc COM 45774w108 982 50,000 SH   DFND 1 0 50,000 0
Integrated Device Tech COM 458118106 646 41,775 SH   SOLE   41,775 0 0
Intl Business Machines COM 459200101 364 2,010 SH   SOLE   2,010 0 0
Intuitive Surgical Inc New COM 46120e602 412 1,000 SH   SOLE   1,000 0 0
J2 Global Inc COM 48123v102 6,465 127,121 SH   SOLE   127,121 0 0
J2 Global Inc COM 48123v102 3,177 62,475 SH   DFND 1 0 62,475 0
Jabil Circuit COM 466313103 22,640 1,083,242 SH   SOLE   1,083,242 0 0
Jabil Circuit COM 466313103 100 4,800 SH   DFND 1 0 4,800 0
JDS Uniphase Corp COM 46612j507 1,883 151,000 SH   SOLE   151,000 0 0
Johnson & Johnson COM 478160104 7,821 74,760 SH   SOLE   74,760 0 0
Kadant Inc. COM 48282T104 577 15,000 SH   SOLE   15,000 0 0
Kadant Inc. COM 48282T104 654 17,000 SH   DFND 1 0 17,000 0
Kapstone Paper COM 48562p103 57,105 1,723,650 SH   SOLE   1,723,650 0 0
Kapstone Paper COM 48562p103 1,093 33,000 SH   DFND 1 0 33,000 0
Kelly Services Inc Class A COM 488152208 2,728 158,875 SH   SOLE   158,875 0 0
Kelly Services Inc Class A COM 488152208 1,296 75,475 SH   DFND 1 0 75,475 0
Kennametal Inc COM 489170100 994 21,475 SH   SOLE   21,475 0 0
Kennametal Inc COM 489170100 79 1,700 SH   DFND 1 0 1,700 0
Kforce, Inc. COM 493732101 3,849 177,800 SH   SOLE   177,800 0 0
Kforce, Inc. COM 493732101 1,754 81,019 SH   DFND 1 0 81,019 0
Kirkland's Inc. COM 497498105 22,701 1,223,800 SH   SOLE   1,223,800 0 0
Kirkland's Inc. COM 497498105 2,782 150,000 SH   DFND 1 0 150,000 0
Kofax Limited COM g5307c105 3,545 412,200 SH   SOLE   412,200 0 0
Kraton Performance Polymers, I COM 50077c106 483 21,550 SH   SOLE   21,550 0 0
Kratos Defense & Security Solu COM 50077b207 429 55,000 SH   SOLE   55,000 0 0
Kulicke & Soffa Industries Inc COM 501242101 2,680 187,955 SH   SOLE   187,955 0 0
Kulicke & Soffa Industries Inc COM 501242101 1,341 94,040 SH   DFND 1 0 94,040 0
La Z Boy Inc COM 505336107 24,981 1,078,158 SH   SOLE   1,078,158 0 0
La Z Boy Inc COM 505336107 83 3,600 SH   DFND 1 0 3,600 0
Lumos Networks Corp COM 550283105 217 15,000 SH   SOLE   15,000 0 0
Lydall, Inc. COM 550819106 649 23,725 SH   SOLE   23,725 0 0
Magellan Health Services, Inc. COM 559079207 5,569 89,484 SH   SOLE   89,484 0 0
Magellan Health Services, Inc. COM 559079207 2,183 35,075 SH   DFND 1 0 35,075 0
Magnum Hunter Resources, Inc. COM 55973b102 82 10,000 SH   SOLE   10,000 0 0
Masimo Corp COM 574795100 5,723 242,495 SH   SOLE   242,495 0 0
Masimo Corp COM 574795100 118 5,000 SH   DFND 1 0 5,000 0
Matrix Service Co. COM 576853105 7,314 223,045 SH   SOLE   223,045 0 0
Matrix Service Co. COM 576853105 3,127 95,350 SH   DFND 1 0 95,350 0
Mattson Technology Inc COM 577223100 7,470 3,410,800 SH   SOLE   3,410,800 0 0
Mattson Technology Inc COM 577223100 657 300,000 SH   DFND 1 0 300,000 0
MBT Finl Corp COM 578877102 206 37,725 SH   SOLE   37,725 0 0
McClatchy Co-CL A COM 579489105 623 112,300 SH   SOLE   112,300 0 0
Media General, Inc. COM 584404107 296 14,400 SH   SOLE   14,400 0 0
Mednax Inc COM 58502b106 3,796 65,275 SH   SOLE   65,275 0 0
Mednax Inc COM 58502b106 2,112 36,326 SH   DFND 1 0 36,326 0
Mens Wearhouse Inc COM 587118100 5,870 105,196 SH   SOLE   105,196 0 0
Mens Wearhouse Inc COM 587118100 2,571 46,075 SH   DFND 1 0 46,075 0
Merck & Co COM 58933y105 1,043 18,028 SH   SOLE   18,028 0 0
Meritage Homes Corp COM 59001a102 3,213 76,125 SH   SOLE   76,125 0 0
Meritage Homes Corp COM 59001a102 1,764 41,800 SH   DFND 1 0 41,800 0
MFA Financial Inc. COM 55272x102 444 54,100 SH   SOLE   54,100 0 0
MFA Financial Inc. COM 55272x102 1,460 177,779 SH   DFND 1 0 177,779 0
Microsemi Corp COM 595137100 7,468 279,065 SH   SOLE   279,065 0 0
Microsemi Corp COM 595137100 3,367 125,825 SH   DFND 1 0 125,825 0
Mid America Apartment Communit COM 59522j103 6,746 92,345 SH   SOLE   92,345 0 0
Mid America Apartment Communit COM 59522j103 3,088 42,275 SH   DFND 1 0 42,275 0
Mitel Networks Corp COM 60671q104 8,230 780,875 SH   SOLE   780,875 0 0
Montpelier Re Holdings, Ltd. COM g62185106 3,268 102,300 SH   SOLE   102,300 0 0
Montpelier Re Holdings, Ltd. COM g62185106 96 3,000 SH   DFND 1 0 3,000 0
National Bank Hldgs Corp Cl A COM 633707104 397 19,900 SH   SOLE   19,900 0 0
National Bank Hldgs Corp Cl A COM 633707104 1,310 65,700 SH   DFND 1 0 65,700 0
Nature's Sunshine Products, In COM 639027101 23,755 1,399,800 SH   SOLE   1,399,800 0 0
Nature's Sunshine Products, In COM 639027101 848 50,000 SH   DFND 1 0 50,000 0
Neophotonics Corporation COM 64051t100 4 1,000 SH   SOLE   1,000 0 0
Neophotonics Corporation COM 64051t100 180 43,348 SH   DFND 1 0 43,348 0
NetScout Systems Inc. COM 64115t104 2,199 49,600 SH   SOLE   49,600 0 0
New York & Company, Inc. COM 649295102 14,287 3,871,800 SH   SOLE   3,871,800 0 0
New York & Company, Inc. COM 649295102 2,085 565,105 SH   DFND 1 0 565,105 0
Noble Romans Inc. COM 655107100 68 41,400 SH   SOLE   41,400 0 0
Northern Oil & Gas Inc COM 665531109 2,305 141,475 SH   SOLE   141,475 0 0
Northfield Bancorp Inc COM 66611t108 530 40,425 SH   SOLE   40,425 0 0
Nu Skin Enterprises, Inc. COM 67018T105 370 5,000 SH   SOLE   5,000 0 0
Nutrisystem Inc COM 67069d108 768 44,900 SH   SOLE   44,900 0 0
Nuvasive Inc COM 670704105 665 18,700 SH   SOLE   18,700 0 0
Nuvasive Inc COM 670704105 46 1,300 SH   DFND 1 0 1,300 0
Odimo Incorporated COM 67606R107 4 30,700 SH   SOLE   30,700 0 0
Olin Corp COM 680665205 763 28,325 SH   SOLE   28,325 0 0
Olin Corp COM 680665205 94 3,500 SH   DFND 1 0 3,500 0
Omnicell Inc COM 68213n109 9,601 334,400 SH   SOLE   334,400 0 0
Omnicell Inc COM 68213n109 861 30,000 SH   DFND 1 0 30,000 0
Oplink Communications, Inc. COM 68375Q403 12,846 756,970 SH   SOLE   756,970 0 0
Pacific Sunwear of California COM 694873100 7,467 3,137,410 SH   SOLE   3,137,410 0 0
Pacific Sunwear of California COM 694873100 619 260,000 SH   DFND 1 0 260,000 0
Parker Drilling Co COM 701081101 1,024 157,100 SH   SOLE   157,100 0 0
PCM Inc COM 69323k100 2,538 238,104 SH   SOLE   238,104 0 0
Pennymac Mortgage Investment T COM 70931t103 625 28,500 SH   SOLE   28,500 0 0
Pennymac Mortgage Investment T COM 70931t103 2,084 95,000 SH   DFND 1 0 95,000 0
PepsiCo Inc COM 713448108 6,638 74,303 SH   SOLE   74,303 0 0
Performance Sports Group Ltd. COM 71377g100 191 11,156 SH   SOLE   11,156 0 0
PerkinElmer, Inc. COM 714046109 4,617 98,575 SH   SOLE   98,575 0 0
PerkinElmer, Inc. COM 714046109 2,052 43,802 SH   DFND 1 0 43,802 0
Petroquest Energy Inc COM 716748108 5,007 665,845 SH   SOLE   665,845 0 0
Petroquest Energy Inc COM 716748108 2,889 384,134 SH   DFND 1 0 384,134 0
PHH Corp COM 693320202 658 28,625 SH   SOLE   28,625 0 0
PHH Corp COM 693320202 80 3,500 SH   DFND 1 0 3,500 0
PhotoMedex, Inc. COM 719358301 10,713 874,500 SH   SOLE   874,500 0 0
PICO Holdings Inc COM 693366205 568 23,900 SH   SOLE   23,900 0 0
PICO Holdings Inc COM 693366205 1,865 78,500 SH   DFND 1 0 78,500 0
Ply Gem Hldgs Inc. COM 72941w100 5,644 558,861 SH   SOLE   558,861 0 0
Ply Gem Hldgs Inc. COM 72941w100 404 40,000 SH   DFND 1 0 40,000 0
PMFG Inc. COM 69345P103 1,749 331,790 SH   SOLE   331,790 0 0
Polycom Inc COM 73172K104 1,277 101,900 SH   SOLE   101,900 0 0
Polycom Inc COM 73172K104 232 18,500 SH   DFND 1 0 18,500 0
Premiere Global Services, Inc. COM 740585104 5,157 386,300 SH   SOLE   386,300 0 0
Premiere Global Services, Inc. COM 740585104 2,979 223,125 SH   DFND 1 0 223,125 0
Primo Water Corp COM 74165n105 358 75,075 SH   SOLE   75,075 0 0
Procter & Gamble COM 742718109 403 5,134 SH   SOLE   5,134 0 0
Progress Software Corp COM 743312100 3,585 149,125 SH   SOLE   149,125 0 0
Progress Software Corp COM 743312100 240 10,000 SH   DFND 1 0 10,000 0
PTC Inc COM 69370c100 15,711 404,920 SH   SOLE   404,920 0 0
PVH Corporation COM 693656100 819 7,020 SH   SOLE   7,020 0 0
PVH Corporation COM 693656100 70 600 SH   DFND 1 0 600 0
Qlogic Corp COM 747277101 1,754 173,850 SH   SOLE   173,850 0 0
Qlogic Corp COM 747277101 925 91,703 SH   DFND 1 0 91,703 0
Quality Distribution Inc COM 74756M102 620 41,700 SH   SOLE   41,700 0 0
Quality Distribution Inc COM 74756M102 1,971 132,623 SH   DFND 1 0 132,623 0
R. R. Donnelley & Sons Company COM 257867101 1,501 88,500 SH   SOLE   88,500 0 0
Radisys Corp COM 750459109 11,614 3,327,800 SH   SOLE   3,327,800 0 0
Radisys Corp COM 750459109 698 200,000 SH   DFND 1 0 200,000 0
Rand Logistics Inc. COM 752182105 1,155 192,500 SH   SOLE   192,500 0 0
Regal Entertainment Group COM 758766109 6,558 310,790 SH   SOLE   310,790 0 0
Regal Entertainment Group COM 758766109 3,219 152,575 SH   DFND 1 0 152,575 0
Richardson Electronics, Ltd. COM 763165107 1,256 120,000 SH   SOLE   120,000 0 0
Rovi Corp. COM 779376102 6,284 262,255 SH   SOLE   262,255 0 0
Rovi Corp. COM 779376102 252 10,525 SH   DFND 1 0 10,525 0
Rti International Metals COM 74973w107 1,820 68,450 SH   SOLE   68,450 0 0
Rti International Metals COM 74973w107 230 8,650 SH   DFND 1 0 8,650 0
RTI Surgical Inc COM 74975n105 20,542 4,722,300 SH   SOLE   4,722,300 0 0
RTI Surgical Inc COM 74975n105 609 140,000 SH   DFND 1 0 140,000 0
Rudolph Technologies Inc. COM 781270103 19,962 2,020,415 SH   SOLE   2,020,415 0 0
Rudolph Technologies Inc. COM 781270103 692 70,000 SH   DFND 1 0 70,000 0
Ryder System Inc. COM 783549108 1,011 11,475 SH   SOLE   11,475 0 0
Ryder System Inc. COM 783549108 79 900 SH   DFND 1 0 900 0
Saba Software, Inc. COM 784932600 675 60,000 SH   SOLE   60,000 0 0
Salem Communications Cl A COM 794093104 95 10,000 SH   SOLE   10,000 0 0
Schulman (A.) COM 808194104 990 25,575 SH   SOLE   25,575 0 0
Seachange Int'l Inc COM 811699107 4,438 554,100 SH   SOLE   554,100 0 0
Sensient Technologies Corp COM 81725T100 4,361 78,265 SH   SOLE   78,265 0 0
Sensient Technologies Corp COM 81725T100 2,560 45,950 SH   DFND 1 0 45,950 0
Silicon Graphics International COM 82706l108 12,844 1,335,110 SH   SOLE   1,335,110 0 0
Silicon Image COM 82705T102 8,014 1,590,000 SH   SOLE   1,590,000 0 0
Silicon Image COM 82705T102 403 80,000 SH   DFND 1 0 80,000 0
Skyworks Solutions, Inc. COM 83088M102 13,629 290,230 SH   SOLE   290,230 0 0
Skyworks Solutions, Inc. COM 83088M102 423 9,000 SH   DFND 1 0 9,000 0
Sonus Networks Inc COM 835916107 108 30,000 SH   SOLE   30,000 0 0
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Stage Stores, Inc. COM 85254C305 16,875 902,900 SH   SOLE   902,900 0 0
Stage Stores, Inc. COM 85254C305 748 40,000 SH   DFND 1 0 40,000 0
Stein Mart Inc COM 858375108 13,237 953,000 SH   SOLE   953,000 0 0
Steiner Leisure Limited COM p8744y102 20,121 464,800 SH   SOLE   464,800 0 0
Steiner Leisure Limited COM p8744y102 2,597 60,000 SH   DFND 1 0 60,000 0
Stone Energy Corporation COM 861642106 7,164 153,110 SH   SOLE   153,110 0 0
Stone Energy Corporation COM 861642106 3,007 64,275 SH   DFND 1 0 64,275 0
Summer Infant Inc COM 865646103 2,586 897,900 SH   SOLE   897,900 0 0
Summer Infant Inc COM 865646103 576 200,000 SH   DFND 1 0 200,000 0
Summit Hotel PPTYS Inc COM 866082100 1,115 105,175 SH   SOLE   105,175 0 0
Sykes Enterprises Inc COM 871237103 815 37,500 SH   SOLE   37,500 0 0
Symantec Corp. COM 871503108 3,027 132,200 SH   SOLE   132,200 0 0
Symmetry Medical Inc COM 871546206 1,393 157,275 SH   SOLE   157,275 0 0
Symmetry Medical Inc COM 871546206 105 11,800 SH   DFND 1 0 11,800 0
Synergetics USA Inc COM 87160g107 3,250 1,048,448 SH   SOLE   1,048,448 0 0
Synergetics USA Inc COM 87160g107 506 163,200 SH   DFND 1 0 163,200 0
SYNNEX Corporation COM 87162W100 5,365 73,650 SH   SOLE   73,650 0 0
SYNNEX Corporation COM 87162W100 146 2,000 SH   DFND 1 0 2,000 0
Teradyne Inc COM 880770102 16,318 832,555 SH   SOLE   832,555 0 0
Teradyne Inc COM 880770102 260 13,275 SH   DFND 1 0 13,275 0
TGC Inds Inc COM 872417308 10,942 2,007,775 SH   SOLE   2,007,775 0 0
TGC Inds Inc COM 872417308 545 100,000 SH   DFND 1 0 100,000 0
Tillys Inc COM 886885102 7,902 982,800 SH   SOLE   982,800 0 0
Tillys Inc COM 886885102 643 80,000 SH   DFND 1 0 80,000 0
Tower International Inc. COM 891826109 545 14,800 SH   SOLE   14,800 0 0
Tower International Inc. COM 891826109 1,772 48,100 SH   DFND 1 0 48,100 0
TriQuint Semiconductor, Inc. COM 89674K103 9,455 598,021 SH   SOLE   598,021 0 0
TriQuint Semiconductor, Inc. COM 89674K103 3,251 205,600 SH   DFND 1 0 205,600 0
Triumph Group COM 896818101 2,668 38,215 SH   SOLE   38,215 0 0
Triumph Group COM 896818101 265 3,800 SH   DFND 1 0 3,800 0
TTM Technologies, Inc. COM 87305R109 24,500 2,987,850 SH   SOLE   2,987,850 0 0
Ultra Clean Holdings Inc COM 90385v107 2,447 270,400 SH   SOLE   270,400 0 0
United Financial Bancorp Inc N COM 910304104 1,899 140,173 SH   SOLE   140,173 0 0
United Financial Bancorp Inc N COM 910304104 2,429 179,242 SH   DFND 1 0 179,242 0
US Concrete Inc COM 90333l201 754 30,450 SH   SOLE   30,450 0 0
Valeant Pharmaceuticals Intern COM 91911k102 224 1,780 SH   SOLE   1,780 0 0
ValueVision Media Inc. COM 92047k107 2,243 449,500 SH   SOLE   449,500 0 0
Verint Systems Inc. COM 92343X100 907 18,500 SH   SOLE   18,500 0 0
Verint Systems Inc. COM 92343X100 69 1,400 SH   DFND 1 0 1,400 0
Verizon Communications COM 92343V104 220 4,491 SH   SOLE   4,491 0 0
Viasystems Group Inc COM 92553h803 4,970 456,355 SH   SOLE   456,355 0 0
Viewpoint Financial Group Inc COM 92672a101 3,431 127,500 SH   SOLE   127,500 0 0
Viewpoint Financial Group Inc COM 92672a101 1,609 59,800 SH   DFND 1 0 59,800 0
Visteon Corp COM 92839u206 1,911 19,700 SH   SOLE   19,700 0 0
Visteon Corp COM 92839u206 2,047 21,100 SH   DFND 1 0 21,100 0
W & T Offshore Inc COM 92922p106 506 30,900 SH   SOLE   30,900 0 0
W & T Offshore Inc COM 92922p106 1,670 102,000 SH   DFND 1 0 102,000 0
Walter Investment Management COM 93317w102 3,578 120,150 SH   SOLE   120,150 0 0
Walter Investment Management COM 93317w102 2,076 69,713 SH   DFND 1 0 69,713 0
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West Marine, Inc. COM 954235107 513 50,000 SH   DFND 1 0 50,000 0
Western Refining Inc COM 959319104 1,292 34,400 SH   SOLE   34,400 0 0
Western Refining Inc COM 959319104 86 2,300 SH   DFND 1 0 2,300 0
Westlake Chemical Corp COM 960413102 1,764 21,065 SH   SOLE   21,065 0 0
Westlake Chemical Corp COM 960413102 109 1,300 SH   DFND 1 0 1,300 0
Wet Seal Inc Cl A COM 961840105 6,139 6,745,800 SH   SOLE   6,745,800 0 0
Whiting Petroleum Corp COM 966387102 1,113 13,875 SH   SOLE   13,875 0 0
Whiting Petroleum Corp COM 966387102 128 1,600 SH   DFND 1 0 1,600 0
Willbros Group Inc COM 969203108 595 48,200 SH   SOLE   48,200 0 0
Willbros Group Inc COM 969203108 1,911 154,700 SH   DFND 1 0 154,700 0
Winthrop Realty Trust COM 976391300 668 43,525 SH   SOLE   43,525 0 0
Xcerra Corp COM 98400j108 2,548 280,000 SH   SOLE   280,000 0 0
Felcor Lodging Trust Inc - $1. PRD 31430f200 1,339 51,300 SH   SOLE   51,300 0 0