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
APOGEE ENTERPRISES INC COM 037598109 1,916 42,875 SH   SOLE 42,875 0 0
ARGAN INC COM 04010E109 524 8,850 SH   SOLE 8,850 0 0
ATWOOD OCEANICS INC COM 050095108 1,342 154,390 SH   SOLE 154,390 0 0
AWARE INC MASS COM 05453N100 104 19,624 SH   SOLE 19,624 0 0
BALLANTYNE STRONG INC COM 058516105 181 25,882 SH   SOLE 25,882 0 0
BANK COMM HLDGS COM 06424J103 180 24,692 SH   SOLE 24,692 0 0
BEASLEY BROADCAST GROUP INC CL A 074014101 101 18,519 SH   SOLE 18,519 0 0
CAMBREX CORP COM 132011107 643 14,460 SH   SOLE 14,460 0 0
COOPER STD HLDGS INC COM 21676P103 938 9,493 SH   SOLE 9,493 0 0
COOPER TIRE & RUBR CO COM 216831107 1,598 42,030 SH   SOLE 42,030 0 0
DELTA APPAREL INC COM 247368103 1,165 70,758 SH   SOLE 70,758 0 0
DELUXE CORP COM 248019101 1,185 17,736 SH   SOLE 17,736 0 0
EASTERN VA BANKSHARES INC COM 277196101 98 12,141 SH   SOLE 12,141 0 0
EPLUS INC COM 294268107 3,005 31,830 SH   SOLE 31,830 0 0
EVOLVING SYS INC COM NEW 30049R209 1,493 343,270 SH   SOLE 343,270 0 0
EXPRESS INC COM 30219E103 1,318 111,825 SH   SOLE 111,825 0 0
FS BANCORP INC COM 30263Y104 224 7,731 SH   SOLE 7,731 0 0
GULFMARK OFFSHORE INC CL A NEW 402629208 58 34,500 SH   SOLE 34,500 0 0
HEARTLAND FINL USA INC COM 42234Q102 666 18,464 SH   SOLE 18,464 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 80 14,500 SH   SOLE 14,500 0 0
JMP GROUP LLC COM 46629U107 63 11,345 SH   SOLE 11,345 0 0
KNOLL INC COM NEW 498904200 1,904 83,315 SH   SOLE 83,315 0 0
LANNET INC COM 516012101 5,106 192,170 SH   SOLE 192,170 0 0
LGI HOMES INC COM 50187T106 4,182 113,505 SH   SOLE 113,505 0 0
MARCUS & MILLICHAP INC COM 566324109 1,183 45,240 SH   SOLE 45,240 0 0
MAXLINEAR INC CL A 57776J100 1,743 85,980 SH   SOLE 85,980 0 0
MID PENN BANCORP INC COM 59540G107 230 11,801 SH   SOLE 11,801 0 0
MILLER INDS INC TENN COM NEW 600551204 1,723 75,616 SH   SOLE 75,616 0 0
PC CONNECTION INC COM 69318J100 4,605 174,314 SH   SOLE 174,314 0 0
RICHMONT MINES INC COM 76547T106 7,360 732,305 SH   SOLE 732,305 0 0
SPARTANNASH CO COM 847215100 567 19,590 SH   SOLE 19,590 0 0
STEPAN CO COM 858586100 1,720 23,675 SH   SOLE 23,675 0 0
SUPREME INDS INC CL A 868607102 793 41,110 SH   SOLE 41,110 0 0
SUSSEX BANCORP COM 869245100 173 10,583 SH   SOLE 10,583 0 0
SYNUTRA INTL INC COM 87164C102 56 13,196 SH   SOLE 13,196 0 0
TCF FINL CORP COM 872275102 639 44,020 SH   SOLE 44,020 0 0
THOR INDS INC COM 885160101 1,539 18,165 SH   SOLE 18,165 0 0
TOWER INTL INC COM 891826109 736 30,553 SH   SOLE 30,553 0 0
TRUEBLUE INC COM 89785X101 2,282 100,700 SH   SOLE 100,700 0 0
TWO RIV BANCORP COM 90207C105 146 12,644 SH   SOLE 12,644 0 0
UNIFI INC COM NEW 904677200 1,313 44,600 SH   SOLE 44,600 0 0
UNITED SECURITY BANCSHARES C COM 911460103 145 22,872 SH   SOLE 22,872 0 0
UNITY BANCORP INC COM 913290102 234 18,227 SH   SOLE 18,227 0 0
WABASH NATL CORP COM 929566107 1,842 129,350 SH   SOLE 129,350 0 0