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
AAR CORP COM 000361105 12,848 329,182 SH   SOLE   329,094 0 88
ADAPTHEALTH CORP COM 00653Q102 8,939 365,467 SH   SOLE   365,365 0 102
AIR TRANSPORT SERVICES GROUP COM 00922R105 12,678 431,507 SH   SOLE   431,390 0 117
AMERIS BANCORP COM 03076K108 10,526 211,885 SH   SOLE   211,828 0 57
AMN HEALTHCARE SERVICES INC COM 001744101 14,536 118,828 SH   SOLE   118,797 0 31
ARGO GROUP INTERNATIONAL COM BMG0464B1 10,448 179,800 SH   SOLE   179,751 0 49
BRANDYWINE REALTY TRUST COM 105368203 9,785 729,119 SH   SOLE   728,923 0 196
CARETRUST REIT INC COM 14174T107 12,622 552,877 SH   SOLE   552,726 0 151
CATHAY GENERAL BANCORP COM 149150104 10,953 254,788 SH   SOLE   254,718 0 70
CHEMOURS CO/THE COM 163851108 11,409 339,946 SH   SOLE   339,852 0 94
CIVITAS RESOURCES INC COM 17888H103 9,126 186,354 SH   SOLE   186,259 0 95
CORPORATE OFFICE PROPERTIES COM 22002T108 11,544 412,744 SH   SOLE   412,632 0 112
DIODES INC COM 254543101 13,635 124,173 SH   SOLE   124,135 0 38
EMCOR GROUP INC COM 29084Q100 14,636 114,892 SH   SOLE   114,861 0 31
EMERGENT BIOSOLUTIONS INC COM 29089Q105 7,999 184,010 SH   SOLE   183,871 0 139
EPR PROPERTIES COM 26884U109 9,978 210,111 SH   SOLE   210,054 0 57
EVERCORE INC - A COM 29977A105 13,522 99,534 SH   SOLE   99,470 0 64
EXLSERVICE HOLDINGS INC COM 302081104 16,105 111,246 SH   SOLE   111,215 0 31
FABRINET COM G3323L100 15,194 128,251 SH   SOLE   128,216 0 35
G-III APPAREL GROUP LTD COM 36237H101 5,938 214,835 SH   SOLE   214,735 0 100
GRAPHIC PACKAGING HOLDING CO COM 388689101 10,874 557,635 SH   SOLE   557,243 0 392
GRAY TELEVISION INC COM 389375106 10,583 524,947 SH   SOLE   524,803 0 144
GREEN BRICK PARTNERS INC COM 392709101 12,107 399,175 SH   SOLE   398,992 0 183
GRIFFON CORP COM 398433102 12,182 427,737 SH   SOLE   427,620 0 117
HILLENBRAND INC COM 431571108 9,670 185,989 SH   SOLE   185,938 0 51
HILLTOP HOLDINGS INC COM 432748101 14,156 402,832 SH   SOLE   402,719 0 113
II-VI INC COM 902104108 8,750 128,048 SH   SOLE   128,013 0 35
INTEGER HOLDINGS CORP COM 45826H109 9,617 112,357 SH   SOLE   112,326 0 31
INVESTORS BANCORP, INC COM 46146L101 13,652 901,117 SH   SOLE   900,520 0 597
JACK IN THE BOX INC COM 466367109 9,486 108,438 SH   SOLE   108,409 0 29
LA-Z-BOY INC COM 505336107 7,246 199,560 SH   SOLE   199,506 0 54
LXP INDUSTRIAL TRUST COM 529043101 16,086 1,029,818 SH   SOLE   1,029,535 0 283
MALIBU BOATS INC - A COM 56117J100 12,096 175,992 SH   SOLE   175,924 0 68
MCGRATH RENTCORP COM 580589109 7,809 97,299 SH   SOLE   97,272 0 27
NATIONAL BANK HOLD-CL A COM 633707104 9,153 208,313 SH   SOLE   208,256 0 57
NMI HOLDINGS INC-CLASS A COM 629209305 7,003 320,517 SH   SOLE   320,376 0 141
NORTHWESTERN CORP COM 668074305 6,014 105,209 SH   SOLE   105,181 0 28
ORION ENGINEERED CARBONS SA COM LU1092234 10,272 559,481 SH   SOLE   559,328 0 153
PDC ENERGY INC COM 69327R101 10,187 208,836 SH   SOLE   208,744 0 92
PIEDMONT OFFICE REALTY TRU-A COM 720190206 12,233 665,552 SH   SOLE   665,370 0 182
PORTLAND GENERAL ELECTRIC CO COM 736508847 10,652 201,283 SH   SOLE   201,228 0 55
PRIMORIS SERVICES CORP COM 74164F103 8,665 361,328 SH   SOLE   361,228 0 100
PROG HOLDINGS INC COM 74319R101 10,610 235,212 SH   SOLE   235,029 0 183
SELECT MEDICAL HOLDINGS CORP COM 81619Q105 13,406 455,999 SH   SOLE   455,875 0 124
SHYFT GROUP INC/THE COM 825698103 11,080 225,534 SH   SOLE   225,444 0 90
SOUTHWEST GAS HOLDINGS INC COM 844895102 9,214 131,537 SH   SOLE   131,444 0 93
SPECTRUM BRANDS HOLDINGS INC COM 84790A105 15,285 150,269 SH   SOLE   150,229 0 40
STANDARD MOTOR PRODS COM 853666105 7,014 133,871 SH   SOLE   133,833 0 38
STEWART INFORMATION SERVICES COM 860372101 12,177 152,724 SH   SOLE   152,683 0 41
STIFEL FINANCIAL CORP COM 860630102 12,222 173,561 SH   SOLE   173,513 0 48
TEMPUR SEALY INTERNATIONAL I COM 88023U101 12,254 260,549 SH   SOLE   260,353 0 196
TIMKEN CO COM 887389104 10,041 144,907 SH   SOLE   144,867 0 40
UFP INDUSTRIES INC COM 90278Q108 16,396 178,202 SH   SOLE   178,153 0 49
UMB FINANCIAL CORP COM 902788108 14,396 135,670 SH   SOLE   135,633 0 37
VERITEX HOLDINGS INC COM 923451108 6,964 175,071 SH   SOLE   175,023 0 48
VIRTUS INVESTMENT PARTNERS COM 92828Q109 10,664 35,893 SH   SOLE   35,884 0 9
WERNER ENTERPRISES INC COM 950755108 9,511 199,554 SH   SOLE   199,498 0 56
WHITING PETROLEUM CORP COM 966387508 8,005 123,770 SH   SOLE   123,736 0 34
WINNEBAGO INDUSTRIES COM 974637100 9,614 128,328 SH   SOLE   128,293 0 35
WORLD FUEL SERVICES CORP COM 981475106 6,460 244,042 SH   SOLE   243,976 0 66