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
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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
Adient PLC ORD SHS G0084W101 1,019 42,000 SH   SOLE   0 0 0
AgroFresh Solutions COM 00856G109 218 144,061 SH   SOLE   0 0 0
American Axle & MFG Holdings Inc COM 024061103 1,946 152,500 SH   SOLE   0 0 0
AMREP Corp COM 032159105 970 141,360 SH   SOLE   0 0 0
Arc Document Solutions Inc COM 00191G103 1,784 874,700 SH   SOLE   0 0 0
Asure Software Inc COM 04649U102 494 60,000 SH   SOLE   0 0 0
BBX Capital Corp CL A 05491N104 85 17,387 SH   SOLE   0 0 0
Bluelinx Holdings Inc COM NEW 09624H208 9,219 465,353 SH   SOLE   0 0 0
BMC Stock Holdings Inc COM 05591B109 12,513 590,250 SH   SOLE   0 0 0
Builders FirstSource Inc COM 12008R107 1,686 100,000 SH   SOLE   0 0 0
Cambrex Corp COM 132011107 2,034 43,447 SH   SOLE   0 0 0
Carriage Services Inc COM 143905107 2,496 131,315 SH   SOLE   0 0 0
Catasys Inc COM PAR 149049504 26 1,365 SH   SOLE   0 0 0
Chicken Soup For the Soul CL A 16842Q100 443 59,000 SH   SOLE   0 0 0
Colliers Intl Group Inc SUB VTG SHS 194693107 2,156 30,104 SH   SOLE   0 0 0
Comfort Systems USA Inc COM 199908104 535 10,500 SH   SOLE   0 0 0
Commercial Vehicle Group Inc COM 202608105 540 67,322 SH   SOLE   0 0 0
CPI Card Group Inc COM NEW 12634H200 250 100,000 SH   SOLE   0 0 0
Dana Incorporated COM 235825205 15,992 801,993 SH   SOLE   0 0 0
Delta Apparel Inc COM 247368103 951 41,030 SH   SOLE   0 0 0
Destination XL Group Inc COM 25065K104 53 30,000 SH   SOLE   0 0 0
Digirad Corp COM 253827109 691 100,000 SH   SOLE   0 0 0
Entercom Communications Corp CL A 293639100 1,464 252,406 SH   SOLE   0 0 0
FirstService Corp SUB VTG SHS 33767E103 969 10,104 SH   SOLE   0 0 0
Five Star Senior Living inc COM 33832D106 759 1,650,000 SH   SOLE   0 0 0
Fluent Co COM 34380C102 28,332 5,266,219 SH   SOLE   0 0 0
Freds Inc CL A 356108100 49 100,000 SH   SOLE   0 0 0
Gain Capital COM 36268W100 5,044 1,221,190 SH   SOLE   0 0 0
Garrett Motion Inc COM 366505105 1,689 110,000 SH   SOLE   0 0 0
Genesis Healthcare Inc CL A COM 37185X106 124 100,000 SH   SOLE   0 0 0
Graftech INTL LTD COM 384313508 5,118 445,000 SH   SOLE   0 0 0
Gray Television Inc COM 389375106 775 47,300 SH   SOLE   0 0 0
GSI Technology COM 36241U106 497 58,000 SH   SOLE   0 0 0
Hanger Inc COM NEW 41043F208 192 10,000 SH   SOLE   0 0 0
Hennessey Advisors Inc COM 425885100 291 30,000 SH   SOLE   0 0 0
Horizon Global Corp COM 44052W104 663 184,570 SH   SOLE   0 0 0
Hudson Technologies Inc COM 444144109 263 306,200 SH   SOLE   0 0 0
Huttig Building Prods Inc COM 448451104 6,090 2,360,317 SH   SOLE   0 0 0
IEC Electronics Corp COM 44949L105 63 10,000 SH   SOLE   0 0 0
IES Holdings Inc COM 44951W106 789 41,845 SH   SOLE   0 0 0
Information Services Group Inc COM 45675Y104 3,306 1,046,050 SH   SOLE   0 0 0
Infusystem Holdings Inc COM 45685K102 251 58,400 SH   SOLE   0 0 0
Jason Industries COM 471172106 39 60,000 SH   SOLE   0 0 0
Kraton Performance Polymers COM 50077C106 15,908 512,000 SH   SOLE   0 0 0
Kratos Defense & Sec Solutions COM NEW 50077B207 75 3,281 SH   SOLE   0 0 0
Lifetime Brands COM 53222Q103 1,135 120,000 SH   SOLE   0 0 0
Liquidity Services Inc COM 53635B107 91 15,000 SH   SOLE   0 0 0
LSB Industries Inc COM 502160104 195 50,000 SH   SOLE   0 0 0
Manitex International Inc COM 563420108 406 66,518 SH   SOLE   0 0 0
Marriott Vacations Worldwide COM 57164Y107 281 2,920 SH   SOLE   0 0 0
Meritor Inc COM 59001K100 1,761 72,600 SH   SOLE   0 0 0
MKS Instruments Inc COM 55306N104 342 4,393 SH   SOLE   0 0 0
Mobile Mini Inc COM 60740F105 187 6,133 SH   SOLE   0 0 0
Nobilis Health Corp COM 65500B103 83 590,721 SH   SOLE   0 0 0
OMNOVA Solutions Inc COM 682129101 2,788 447,500 SH   SOLE   0 0 0
Panhandle Oil And Gas Inc Cl A CL A 698477106 188 14,436 SH   SOLE   0 0 0
Park Ohio Holdings Corp COM 700666100 1,852 56,820 SH   SOLE   0 0 0
PDL Biopharma Inc COM 69329Y104 628 200,000 SH   SOLE   0 0 0
PCM Inc COM 69323K100 40,536 1,156,836 SH   SOLE   0 0 0
Points International Ltd COM NEW 730843208 247 20,000 SH   SOLE   0 0 0
Quorum Health Corp COM 74909E106 123 88,683 SH   SOLE   0 0 0
RadNet Inc COM 750491102 45,807 3,321,721 SH   SOLE   0 0 0
Rush Enterprises Inc Cl A CL A 781846209 331 9,075 SH   SOLE   0 0 0
Rush Enterprises Inc Cl B CL B 781846308 335 9,075 SH   SOLE   0 0 0
Ryerson Holding Corporation COM 783754104 463 55,539 SH   SOLE   0 0 0
Saratogo Investment Corp COM NEW 80349A208 427 17,293 SH   SOLE   0 0 0
Shiloh Industries Inc COM 824543102 6,857 1,407,908 SH   SOLE   0 0 0
Silversun Technologies Inc COM NEW 82846H207 216 73,211 SH   SOLE   0 0 0
Sinclair Broadcast Group Inc CL A 829226109 9,653 180,000 SH   SOLE   0 0 0
Sportsmans Wharehouse Holdings Inc COM 84920Y106 3,636 961,900 SH   SOLE   0 0 0
Sypris Solutions Inc COM 871655106 242 314,056 SH   SOLE   0 0 0
Townsquare Media Inc CL A 892231101 345 159,046 SH   SOLE   0 0 0
Trimas Corp COM NEW 896215209 690 22,277 SH   SOLE   0 0 0
Trinseo SA SHS L9340P101 7,918 187,001 SH   SOLE   0 0 0
Unique Fabricating Inc COM 90915J103 280 103,229 SH   SOLE   0 0 0
USA Truck Inc COM 902925106 506 50,000 SH   SOLE   0 0 0
Veritiv Corp COM 923454102 369 19,000 SH   SOLE   0 0 0
Victory Cap Holdings Inc COM CL A 92645B103 2,021 117,649 SH   SOLE   0 0 0
Village Farms International Inc COM 92707Y108 2,066 180,000 SH   SOLE   0 0 0
World Acceptance Corp COM 981419104 175 1,069 SH   SOLE   0 0 0
Xcel Brands Inc COM NEW 98400M101 131 90,000 SH   SOLE   0 0 0