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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1-800-FLOWERS.COM INC-CL A EQUITY 68243Q106   1,819,440 168,000 SH   SOLE   168,000 0 0
A10 NETWORKS INC EQUITY 002121101   663,965 48,500 SH   SOLE   48,500 0 0
ACCURAY INC EQUITY 004397105   143,260 58,000 SH   SOLE   58,000 0 0
ACME UNITED CORP EQUITY 004816104   1,315,720 28,000 SH   SOLE   28,000 0 0
ADTHEORENT HOLDINGS CO INC EQUITY 00739D109   433,350 135,000 SH   SOLE   135,000 0 0
AGILYSYS INC EQUITY 00847J105   337,040 4,000 SH   SOLE   4,000 0 0
ALLIENT INC EQUITY 019330109   4,163,856 116,700 SH   SOLE   116,700 0 0
AMERICAN OUTDOOR BRANDS INC EQUITY 02875D109   1,575,200 179,000 SH   SOLE   179,000 0 0
AMERICAN SOFTWARE INC-CL A EQUITY 029683109   1,419,800 124,000 SH   SOLE   124,000 0 0
AMPCO-PITTSBURGH CORP EQUITY 032037103   303,800 140,000 SH   SOLE   140,000 0 0
AMPCO-PITTSBURGH CORP WARRANTS 8/1/25 WARRANT 032037111   4,700 47,000 SH   SOLE   47,000 0 0
ANTERIX INC EQUITY 03676C100   1,781,330 53,000 SH   SOLE   53,000 0 0
ARLO TECHNOLOGIES INC EQUITY 04206A101   1,353,550 107,000 SH   SOLE   107,000 0 0
ARRAY TECHNOLOGIES INC 1.000 12/01/28 CVT BOND CONVERTIBLE 04271TAB6   490,396 528,000 PRN   SOLE   528,000 0 0
ARTESIAN RESOURCES CORP-CL A EQUITY 043113208   1,180,840 31,820 SH   SOLE   31,820 0 0
ASTEC INDUSTRIES INC EQUITY 046224101   6,294,240 144,000 SH   SOLE   144,000 0 0
ASTRONICS CORP EQUITY 046433108   3,769,920 198,000 SH   SOLE   198,000 0 0
ATLANTIC AMERICAN CORP EQUITY 048209100   56,000 20,000 SH   SOLE   20,000 0 0
ATLANTIC UNION BANKSHARES CO EQUITY 04911A107   971,025 27,500 SH   SOLE   27,500 0 0
AZZ INC EQUITY 002474104   773,100 10,000 SH   SOLE   10,000 0 0
BADGER METER INC EQUITY 056525108   841,412 5,200 SH   SOLE   5,200 0 0
BANDWIDTH INC 0.250 03/01/26 CVT BOND CONVERTIBLE 05988JAB9   617,890 700,000 PRN   SOLE   700,000 0 0
BANK7 CORP EQUITY 06652N107   318,660 11,300 SH   SOLE   11,300 0 0
BASSETT FURNITURE INDS EQUITY 070203104   408,852 27,700 SH   SOLE   27,700 0 0
BEASLEY BROADCAST GRP INC -A EQUITY 074014101   138,840 178,000 SH   SOLE   178,000 0 0
BELLRING BRANDS INC EQUITY 07831C103   885,450 15,000 SH   SOLE   15,000 0 0
BERKSHIRE HILLS BANCORP INC EQUITY 084680107   221,407 9,660 SH   SOLE   9,660 0 0
BIG 5 SPORTING GOODS CORP EQUITY 08915P101   56,320 16,000 SH   SOLE   16,000 0 0
BOYD GAMING CORP EQUITY 103304101   269,280 4,000 SH   SOLE   4,000 0 0
CADENCE BANK EQUITY 12740C103   208,800 7,200 SH   SOLE   7,200 0 0
CAESARS ENTERTAINMENT INC EQUITY 12769G100   831,060 19,000 SH   SOLE   19,000 0 0
CALAVO GROWERS INC EQUITY 128246105   1,070,685 38,500 SH   SOLE   38,500 0 0
CALIFORNIA WATER SERVICE GRP EQUITY 130788102   1,013,264 21,800 SH   SOLE   21,800 0 0
CAPITAL CITY BANK GROUP INC EQUITY 139674105   2,210,460 79,800 SH   SOLE   79,800 0 0
CASELLA WASTE SYSTEMS INC-A EQUITY 147448104   2,007,061 20,300 SH   SOLE   20,300 0 0
CAVCO INDUSTRIES INC EQUITY 149568107   239,436 600 SH   SOLE   600 0 0
CHART INDUSTRIES INC 6.750 12/15/25 SR:B CVT PREFERRED CONVER 16115Q407   449,470 7,000 SH   SOLE   7,000 0 0
CHEFS' WAREHOUSE THE 2.375 12/15/28 CVT BOND CONVERTIBLE 163086AE1   219,350 200,000 PRN   SOLE   200,000 0 0
CITIZENS & NORTHERN CORP EQUITY 172922106   262,920 14,000 SH   SOLE   14,000 0 0
CLEARFIELD INC EQUITY 18482P103   555,120 18,000 SH   SOLE   18,000 0 0
COLUMBUS MCKINNON CORP/NY EQUITY 199333105   2,160,092 48,400 SH   SOLE   48,400 0 0
COMMERCIAL VEHICLE GROUP INC EQUITY 202608105   1,377,486 214,228 SH   SOLE   214,228 0 0
COMTECH TELECOMMUNICATIONS EQUITY 205826209   202,370 59,000 SH   SOLE   59,000 0 0
CONSOLIDATED WATER CO-ORD SH EQUITY G23773107   1,304,295 44,500 SH   SOLE   44,500 0 0
CORE MOLDING TECHNOLOGIES IN EQUITY 218683100   2,432,505 128,500 SH   SOLE   128,500 0 0
CTS CORP EQUITY 126501105   5,109,468 109,200 SH   SOLE   109,200 0 0
CUTERA INC EQUITY 232109108   179,575 122,160 SH   SOLE   122,160 0 0
DAKTRONICS INC EQUITY 234264109   592,620 59,500 SH   SOLE   59,500 0 0
DANA INC EQUITY 235825205   539,750 42,500 SH   SOLE   42,500 0 0
DAWSON GEOPHYSICAL CO EQUITY 239360100   34,080 24,000 SH   SOLE   24,000 0 0
DENNY'S CORP EQUITY 24869P104   492,800 55,000 SH   SOLE   55,000 0 0
DHI GROUP INC EQUITY 23331S100   114,750 45,000 SH   SOLE   45,000 0 0
DIGI INTERNATIONAL INC EQUITY 253798102   319,300 10,000 SH   SOLE   10,000 0 0
DISTRIBUTION SOLUTIONS GROUP EQUITY 520776105   6,904,408 194,600 SH   SOLE   194,600 0 0
DUCOMMUN INC EQUITY 264147109   8,328,042 162,340 SH   SOLE   162,340 0 0
EASTERN CO/THE EQUITY 276317104   9,269,071 271,900 SH   SOLE   271,900 0 0
ELECTROMED INC EQUITY 285409108   567,543 35,142 SH   SOLE   35,142 0 0
ENERGY RECOVERY INC EQUITY 29270J100   461,068 29,200 SH   SOLE   29,200 0 0
EW SCRIPPS CO NEW EQUITY 811054402   1,346,418 342,600 SH   SOLE   342,600 0 0
EXELIXIS INC EQUITY 30161Q104   1,404,816 59,200 SH   SOLE   59,200 0 0
FARMER BROS CO EQUITY 307675108   1,698,638 475,809 SH   SOLE   475,809 0 0
FARMERS NATL BANC CORP EQUITY 309627107   534,400 40,000 SH   SOLE   40,000 0 0
FEDERAL SIGNAL CORP EQUITY 313855108   1,952,010 23,000 SH   SOLE   23,000 0 0
FIRST INTERNET BANCORP EQUITY 320557101   694,800 20,000 SH   SOLE   20,000 0 0
FLUSHING FINANCIAL CORP EQUITY 343873105   4,751,448 376,800 SH   SOLE   376,800 0 0
FNB CORP EQUITY 302520101   1,043,400 74,000 SH   SOLE   74,000 0 0
FOSTER (LB) CO-A EQUITY 350060109   4,575,435 167,537 SH   SOLE   167,537 0 0
FREQUENCY ELECTRONICS INC EQUITY 358010106   108,900 10,000 SH   SOLE   10,000 0 0
FRP HOLDINGS INC EQUITY 30292L107   1,166,600 19,000 SH   SOLE   19,000 0 0
FS BANCORP INC EQUITY 30263Y104   1,114,746 32,116 SH   SOLE   32,116 0 0
FUBOTV INC 3.250 02/15/26 CVT BOND CONVERTIBLE 35953DAB0   228,096 360,000 PRN   SOLE   360,000 0 0
GAMBLING.COM GROUP LTD EQUITY G3R239101   913,000 100,000 SH   SOLE   100,000 0 0
GARRETT MOTION INC EQUITY 366505105   497,000 50,000 SH   SOLE   50,000 0 0
GENCOR INDUSTRIES INC EQUITY 368678108   7,552,225 452,500 SH   SOLE   452,500 0 0
GENIUS SPORTS LTD EQUITY G3934V109   114,200 20,000 SH   SOLE   20,000 0 0
GENTHERM INC EQUITY 37253A103   230,320 4,000 SH   SOLE   4,000 0 0
GIBRALTAR INDUSTRIES INC EQUITY 374689107   5,717,630 71,000 SH   SOLE   71,000 0 0
GLATFELTER CORP EQUITY 377320106   50,000 25,000 SH   SOLE   25,000 0 0
GOLDEN ENTERTAINMENT INC EQUITY 381013101   4,205,986 114,200 SH   SOLE   114,200 0 0
GORMAN-RUPP CO EQUITY 383082104   2,942,520 74,400 SH   SOLE   74,400 0 0
GRAHAM CORP EQUITY 384556106   3,546,400 130,000 SH   SOLE   130,000 0 0
GRANITE CONSTRUCTION INC EQUITY 387328107   285,650 5,000 SH   SOLE   5,000 0 0
GRAY TELEVISION INC EQUITY 389375106   1,568,877 248,240 SH   SOLE   248,240 0 0
GRAY TELEVISION INC-A EQUITY 389375205   749,070 87,000 SH   SOLE   87,000 0 0
GYRODYNE LLC EQUITY 403829104   185,223 22,316 SH   SOLE   22,316 0 0
HALOZYME THERAPEUTICS IN 1.000 08/15/28 CVT BOND CONVERTIBLE 40637HAF6   487,780 500,000 PRN   SOLE   500,000 0 0
HANOVER BANCORP INC/NY EQUITY 410710206   222,300 15,000 SH   SOLE   15,000 0 0
HAWKINS INC EQUITY 420261109   3,686,400 48,000 SH   SOLE   48,000 0 0
HERC HOLDINGS INC EQUITY 42704L104   420,750 2,500 SH   SOLE   2,500 0 0
HOMESTREET INC EQUITY 43785V102   189,630 12,600 SH   SOLE   12,600 0 0
I3 VERTICALS INC-CLASS A EQUITY 46571Y107   1,757,746 76,791 SH   SOLE   76,791 0 0
ICC HOLDINGS INC EQUITY 44931Q104   271,937 17,000 SH   SOLE   17,000 0 0
ICF INTERNATIONAL INC EQUITY 44925C103   602,520 4,000 SH   SOLE   4,000 0 0
IMAX CORP EQUITY 45245E109   485,100 30,000 SH   SOLE   30,000 0 0
IMPINJ INC 1.125 05/15/27 CVT BOND CONVERTIBLE 453204AD1   405,357 300,000 PRN   SOLE   300,000 0 0
INFINERA CORP 3.750 08/01/28 CVT BOND CONVERTIBLE 45667GAG8   553,900 500,000 PRN   SOLE   500,000 0 0
INFUSYSTEM HOLDINGS INC EQUITY 45685K102   1,671,150 195,000 SH   SOLE   195,000 0 0
INGLES MARKETS INC-CLASS A EQUITY 457030104   306,720 4,000 SH   SOLE   4,000 0 0
INNOVATE CORP EQUITY 45784J105   207,221 295,734 SH   SOLE   295,734 0 0
INNOVATIVE SOLUTIONS & SUPP EQUITY 45769N105   711,504 97,200 SH   SOLE   97,200 0 0
INSPIRED ENTERTAINMENT INC EQUITY 45782N108   2,437,599 247,221 SH   SOLE   247,221 0 0
INTEGER HOLDINGS CORP EQUITY 45826H109   233,360 2,000 SH   SOLE   2,000 0 0
INTERDIGITAL INC 3.500 06/01/27 CVT BOND CONVERTIBLE 45867GAD3   432,297 300,000 PRN   SOLE   300,000 0 0
INTEVAC INC EQUITY 461148108   1,171,200 305,000 SH   SOLE   305,000 0 0
JOHN BEAN TECHNOLOGIES CORP EQUITY 477839104   839,120 8,000 SH   SOLE   8,000 0 0
JOHNSON OUTDOORS INC-A EQUITY 479167108   230,550 5,000 SH   SOLE   5,000 0 0
KIMBALL ELECTRONICS INC EQUITY 49428J109   703,625 32,500 SH   SOLE   32,500 0 0
KKR & CO INC EQUITY 48251W104   4,274,650 42,500 SH   SOLE   42,500 0 0
LANDS' END INC EQUITY 51509F105   261,360 24,000 SH   SOLE   24,000 0 0
LA-Z-BOY INC EQUITY 505336107   225,720 6,000 SH   SOLE   6,000 0 0
LEE ENTERPRISES EQUITY 523768406   346,580 26,000 SH   SOLE   26,000 0 0
LEGACY HOUSING CORP EQUITY 52472M101   1,570,960 73,000 SH   SOLE   73,000 0 0
LEMAITRE VASCULAR INC EQUITY 525558201   364,980 5,500 SH   SOLE   5,500 0 0
LIBERTY MEDIA CORP 2.250 08/15/27 CVT BOND CONVERTIBLE 531229AQ5   506,900 500,000 PRN   SOLE   500,000 0 0
LIFETIME BRANDS INC EQUITY 53222Q103   2,368,480 226,000 SH   SOLE   226,000 0 0
LIFEWAY FOODS INC EQUITY 531914109   198,030 11,500 SH   SOLE   11,500 0 0
LIMONEIRA CO EQUITY 532746104   3,006,372 153,700 SH   SOLE   153,700 0 0
LIVE NATION ENTERTAINMEN 3.125 01/15/29 CVT BOND CONVERTIBLE 538034BA6   600,130 500,000 PRN   SOLE   500,000 0 0
MANITOWOC COMPANY INC EQUITY 563571405   247,450 17,500 SH   SOLE   17,500 0 0
MARCUS CORPORATION EQUITY 566330106   998,200 70,000 SH   SOLE   70,000 0 0
MARINE PRODUCTS CORP EQUITY 568427108   3,407,500 290,000 SH   SOLE   290,000 0 0
MARINEMAX INC EQUITY 567908108   465,640 14,000 SH   SOLE   14,000 0 0
MATERIALISE NV-ADR DEPOSITORY RECEI 57667T100   52,800 10,000 SH   SOLE   10,000 0 0
MEDALLION FINANCIAL CORP EQUITY 583928106   735,630 93,000 SH   SOLE   93,000 0 0
MESA LABORATORIES INC EQUITY 59064R109   329,190 3,000 SH   SOLE   3,000 0 0
MIDDLEBY CORP EQUITY 596278101   2,238,197 13,920 SH   SOLE   13,920 0 0
MIDDLESEX WATER CO EQUITY 596680108   262,500 5,000 SH   SOLE   5,000 0 0
MINERALS TECHNOLOGIES INC EQUITY 603158106   376,400 5,000 SH   SOLE   5,000 0 0
MITEK SYSTEMS INC EQUITY 606710200   1,931,700 137,000 SH   SOLE   137,000 0 0
MODINE MANUFACTURING CO EQUITY 607828100   904,305 9,500 SH   SOLE   9,500 0 0
MOTORCAR PARTS OF AMERICA IN EQUITY 620071100   88,440 11,000 SH   SOLE   11,000 0 0
MOVADO GROUP INC EQUITY 624580106   673,113 24,100 SH   SOLE   24,100 0 0
MSA SAFETY INC EQUITY 553498106   1,355,130 7,000 SH   SOLE   7,000 0 0
MYERS INDUSTRIES INC EQUITY 628464109   11,483,052 495,600 SH   SOLE   495,600 0 0
MYR GROUP INC/DELAWARE EQUITY 55405W104   1,590,750 9,000 SH   SOLE   9,000 0 0
NABORS INDUSTRIES INC 1.750 06/15/29 CVT BOND CONVERTIBLE 62957HAL9   186,548 250,000 PRN   SOLE   250,000 0 0
NAPCO SECURITY TECHNOLOGIES EQUITY 630402105   200,800 5,000 SH   SOLE   5,000 0 0
NATHAN'S FAMOUS INC EQUITY 632347100   12,623,640 178,300 SH   SOLE   178,300 0 0
NATURAL GROCERS BY VITAMIN C EQUITY 63888U108   288,800 16,000 SH   SOLE   16,000 0 0
NAVIGATOR HOLDINGS LTD EQUITY Y62132108   1,535,000 100,000 SH   SOLE   100,000 0 0
NCL CORPORATION LTD 1.125 02/15/27 CVT BOND CONVERTIBLE 62886HBD2   210,983 223,000 PRN   SOLE   223,000 0 0
NEOGEN CORP EQUITY 640491106   3,043,331 192,860 SH   SOLE   192,860 0 0
NEOGENOMICS INC EQUITY 64049M209   872,460 55,500 SH   SOLE   55,500 0 0
NEURONETICS INC EQUITY 64131A105   85,680 18,000 SH   SOLE   18,000 0 0
NORTHERN OIL & GAS INC 3.625 04/15/29 CVT BOND CONVERTIBLE 665531AJ8   487,016 400,000 PRN   SOLE   400,000 0 0
NORTHRIM BANCORP INC EQUITY 666762109   211,990 4,197 SH   SOLE   4,197 0 0
OIL-DRI CORP OF AMERICA EQUITY 677864100   782,880 10,500 SH   SOLE   10,500 0 0
ON SEMICONDUCTOR CORP 0.500 03/01/29 CVT BOND CONVERTIBLE 682189AU9   394,756 400,000 PRN   SOLE   400,000 0 0
OOMA INC EQUITY 683416101   341,200 40,000 SH   SOLE   40,000 0 0
OPENLANE INC EQUITY 48238T109   536,300 31,000 SH   SOLE   31,000 0 0
OPKO HEALTH INC EQUITY 68375N103   194,400 162,000 SH   SOLE   162,000 0 0
OPTION CARE HEALTH INC EQUITY 68404L201   704,340 21,000 SH   SOLE   21,000 0 0
ORMAT TECHNOLOGIES INC 2.500 07/15/27 CVT BOND CONVERTIBLE 686688AB8   362,933 375,000 PRN   SOLE   375,000 0 0
ORTHOFIX MEDICAL INC EQUITY 68752M108   326,700 22,500 SH   SOLE   22,500 0 0
PACIFIC PREMIER BANCORP INC EQUITY 69478X105   204,000 8,500 SH   SOLE   8,500 0 0
PARK AEROSPACE CORP EQUITY 70014A104   1,007,778 60,600 SH   SOLE   60,600 0 0
PARK-OHIO HOLDINGS CORP EQUITY 700666100   5,029,180 188,500 SH   SOLE   188,500 0 0
PITNEY BOWES INC EQUITY 724479100   216,500 50,000 SH   SOLE   50,000 0 0
PLAYAGS INC EQUITY 72814N104   1,744,814 194,300 SH   SOLE   194,300 0 0
PLAYSTUDIOS INC EQUITY 72815G108   68,388 24,600 SH   SOLE   24,600 0 0
PPL CAPITAL FUNDING INC 2.875 03/15/28 CVT BOND CONVERTIBLE 69352PAS2   479,535 500,000 PRN   SOLE   500,000 0 0
PRIMIS FINANCIAL CORP EQUITY 74167B109   182,550 15,000 SH   SOLE   15,000 0 0
PRIMO WATER CORP EQUITY 74167P108   273,150 15,000 SH   SOLE   15,000 0 0
READING INTERNATIONAL INC-A EQUITY 755408101   428,720 233,000 SH   SOLE   233,000 0 0
READING INTERNATIONAL INC-B EQUITY 755408200   1,121,208 74,400 SH   SOLE   74,400 0 0
REDWOOD TRUST INC 7.750 06/15/27 CVT BOND CONVERTIBLE 758075AF2   240,985 250,000 PRN   SOLE   250,000 0 0
RENASANT CORP EQUITY 75970E107   956,200 30,530 SH   SOLE   30,530 0 0
RGC RESOURCES INC EQUITY 74955L103   1,761,082 87,010 SH   SOLE   87,010 0 0
RPC INC EQUITY 749660106   448,920 58,000 SH   SOLE   58,000 0 0
RUSH ENTERPRISES INC - CL B EQUITY 781846308   4,337,806 81,400 SH   SOLE   81,400 0 0
RUSH ENTERPRISES INC-CL A EQUITY 781846209   802,800 15,000 SH   SOLE   15,000 0 0
RUSH STREET INTERACTIVE INC EQUITY 782011100   70,959 10,900 SH   SOLE   10,900 0 0
S&W SEED CO EQUITY 785135104   44,500 92,000 SH   SOLE   92,000 0 0
SANDY SPRING BANCORP INC EQUITY 800363103   725,534 31,300 SH   SOLE   31,300 0 0
SAREPTA THERAPEUTICS INC 1.250 09/15/27 CVT BOND CONVERTIBLE 803607AD2   234,080 200,000 PRN   SOLE   200,000 0 0
SEMTECH CORP 1.625 11/01/27 CVT BOND CONVERTIBLE 816850AF8   497,645 500,000 PRN   SOLE   500,000 0 0
SILVERCREST ASSET MANAGEME-A EQUITY 828359109   1,082,985 68,500 SH   SOLE   68,500 0 0
SINCLAIR INC EQUITY 829242106   431,040 32,000 SH   SOLE   32,000 0 0
SKYLINE CHAMPION CORP EQUITY 830830105   1,912,725 22,500 SH   SOLE   22,500 0 0
SKYWATER TECHNOLOGY INC EQUITY 83089J108   634,883 62,427 SH   SOLE   62,427 0 0
SOUTHERN FIRST BANCSHARES EQUITY 842873101   1,191,000 37,500 SH   SOLE   37,500 0 0
SOUTHSTATE CORP EQUITY 840441109   756,767 8,900 SH   SOLE   8,900 0 0
SPORTSMAN'S WAREHOUSE HOLDIN EQUITY 84920Y106   208,370 67,000 SH   SOLE   67,000 0 0
STANDARD MOTOR PRODS EQUITY 853666105   1,298,385 38,700 SH   SOLE   38,700 0 0
STANDEX INTERNATIONAL CORP EQUITY 854231107   1,275,540 7,000 SH   SOLE   7,000 0 0
STARRETT (L.S.) CO -CL A EQUITY 855668109   1,048,740 66,000 SH   SOLE   66,000 0 0
STEEL PARTNERS HOLDINGS LP EQUITY UNIT 85814R107   495,625 12,500 SH   SOLE   12,500 0 0
STELLAR BANCORP INC EQUITY 858927106   1,559,040 64,000 SH   SOLE   64,000 0 0
STERIS PLC EQUITY G8473T100   292,266 1,300 SH   SOLE   1,300 0 0
STONERIDGE INC EQUITY 86183P102   968,100 52,500 SH   SOLE   52,500 0 0
STRIDE INC 1.125 09/01/27 CVT BOND CONVERTIBLE 86333MAA6   529,720 400,000 PRN   SOLE   400,000 0 0
SUNNOVA ENERGY INTL INC 2.625 02/15/28 CVT BOND CONVERTIBLE 86745KAH7   289,198 700,000 PRN   SOLE   700,000 0 0
SURMODICS INC EQUITY 868873100   938,880 32,000 SH   SOLE   32,000 0 0
TEJON RANCH CO EQUITY 879080109   1,439,294 93,400 SH   SOLE   93,400 0 0
TENNANT CO EQUITY 880345103   1,884,955 15,500 SH   SOLE   15,500 0 0
TITAN INTERNATIONAL INC EQUITY 88830M102   255,430 20,500 SH   SOLE   20,500 0 0
TITAN MACHINERY INC EQUITY 88830R101   1,761,510 71,000 SH   SOLE   71,000 0 0
TKO GROUP HOLDINGS INC EQUITY 87256C101   1,036,920 12,000 SH   SOLE   12,000 0 0
TOWNSQUARE MEDIA INC - CL A EQUITY 892231101   1,487,790 135,500 SH   SOLE   135,500 0 0
TRANSACT TECHNOLOGIES INC EQUITY 892918103   170,300 32,500 SH   SOLE   32,500 0 0
TREDEGAR CORP EQUITY 894650100   978,000 150,000 SH   SOLE   150,000 0 0
TRINITY PLACE HOLDINGS INC EQUITY 89656D101   22,350 149,000 SH   SOLE   149,000 0 0
TRUSTCO BANK CORP NY EQUITY 898349204   281,882 10,010 SH   SOLE   10,010 0 0
TWIN DISC INC EQUITY 901476101   1,702,590 103,000 SH   SOLE   103,000 0 0
TYLER TECHNOLOGIES INC EQUITY 902252105   425,010 1,000 SH   SOLE   1,000 0 0
ULTRA CLEAN HOLDINGS INC EQUITY 90385V107   3,055,010 66,500 SH   SOLE   66,500 0 0
ULTRALIFE CORP EQUITY 903899102   1,030,770 117,000 SH   SOLE   117,000 0 0
UNITED BANKSHARES INC EQUITY 909907107   286,320 8,000 SH   SOLE   8,000 0 0
UNITED GUARDIAN INC EQUITY 910571108   518,372 67,761 SH   SOLE   67,761 0 0
UNIVERSAL TECHNICAL INSTITUT EQUITY 913915104   1,275,200 80,000 SH   SOLE   80,000 0 0
VALLEY NATIONAL BANCORP EQUITY 919794107   350,240 44,000 SH   SOLE   44,000 0 0
VALUE LINE INC EQUITY 920437100   1,287,900 31,800 SH   SOLE   31,800 0 0
VIAD CORP EQUITY 92552R406   1,382,150 35,000 SH   SOLE   35,000 0 0
VILLAGE SUPER MARKET-CLASS A EQUITY 927107409   1,793,847 62,700 SH   SOLE   62,700 0 0
VISHAY PRECISION GROUP EQUITY 92835K103   1,908,244 54,012 SH   SOLE   54,012 0 0
WABASH NATIONAL CORP EQUITY 929566107   1,434,126 47,900 SH   SOLE   47,900 0 0
WASHINGTON TRUST BANCORP EQUITY 940610108   1,086,221 40,410 SH   SOLE   40,410 0 0
WATERSTONE FINANCIAL INC EQUITY 94188P101   766,710 63,000 SH   SOLE   63,000 0 0
WESTERN NEW ENGLAND BANCORP EQUITY 958892101   575,250 75,000 SH   SOLE   75,000 0 0
WILLAMETTE VALLEY VINEYARDS EQUITY 969136100   120,520 23,000 SH   SOLE   23,000 0 0
WILLDAN GROUP INC EQUITY 96924N100   1,565,460 54,000 SH   SOLE   54,000 0 0
WINNEBAGO INDUSTRIES EQUITY 974637100   2,072,000 28,000 SH   SOLE   28,000 0 0
WOLFSPEED INC 1.875 12/01/29 CVT BOND CONVERTIBLE 977852AD4   340,530 600,000 PRN   SOLE   600,000 0 0
YORK WATER CO EQUITY 987184108   1,365,928 37,660 SH   SOLE   37,660 0 0
ZIMVIE INC EQUITY 98888T107   791,520 48,000 SH   SOLE   48,000 0 0