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
A10 NETWORKS INC COM 002121101 1,014 146,171 SH   SOLE   146,171 0 0
ABBOTT LABS COM 002824100 279 3,340 SH   SOLE   0 0 3,340
ACCURAY INC COM 004397105 847 305,862 SH   SOLE   305,862 0 0
ADTRAN INC COM 00738A106 3,359 296,055 SH   SOLE   296,055 0 0
ALCOA CORP COM 013872106 2,240 111,620 SH   SOLE   88,200 0 23,420
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 4,764 433,920 SH   SOLE   433,920 0 0
ANTERO RES CORP COM 03674X106 252 83,495 SH   SOLE   0 0 83,495
ARAMARK COM 03852U106 801 18,388 SH   SOLE   0 0 18,388
ARCHER DANIELS MIDLAND CO COM 039483102 679 16,535 SH   SOLE   0 0 16,535
ARCOSA INC COM 039653100 206 6,020 SH   SOLE   0 0 6,020
ARDMORE SHIPPING CORP COM Y0207T100 2,737 409,138 SH   SOLE   409,138 0 0
AT&T INC COM 00206R102 485 12,806 SH   SOLE   0 0 12,806
BOSTON SCIENTIFIC CORP COM 101137107 556 13,665 SH   SOLE   0 0 13,665
BROOKLINE BANCORP INC DEL COM 11373M107 1,349 91,560 SH   SOLE   91,560 0 0
CARRIZO OIL & GAS INC COM 144577103 1,064 123,900 SH   SOLE   123,900 0 0
CECO ENVIRONMENTAL CORP COM 125141101 1,382 197,826 SH   SOLE   177,154 0 20,672
CELESTICA INC SUB VTG SHS 15101Q108 3,396 473,632 SH   SOLE   473,632 0 0
CISION LTD SHS G1992S109 355 46,175 SH   SOLE   0 0 46,175
CLARUS CORP NEW COM 18270P109 486 41,434 SH   SOLE   41,434 0 0
CLEVELAND CLIFFS INC COM 185899101 2,171 300,656 SH   SOLE   300,656 0 0
CNO FINL GROUP INC COM 12621E103 2,940 185,751 SH   SOLE   185,751 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 357 6,435 SH   SOLE   0 0 6,435
COMPASS DIVERSIFIED HOLDINGS SH BEN INT 20451Q104 733 37,190 SH   SOLE   0 0 37,190
CONDUENT INC COM 206787103 1,711 275,009 SH   SOLE   275,009 0 0
CONSOLIDATED EDISON INC COM 209115104 393 4,155 SH   SOLE   0 0 4,155
COVANTA HLDG CORP COM 22282E102 3,633 210,121 SH   SOLE   210,121 0 0
CRAWFORD & CO CL A 224633206 287 26,356 SH   SOLE   0 0 26,356
CSS INDS INC COM 125906107 373 93,919 SH   SOLE   93,919 0 0
DINE BRANDS GLOBAL INC COM 254423106 801 10,555 SH   SOLE   0 0 10,555
DONNELLEY FINL SOLUTIONS INC COM 25787G100 1,341 108,843 SH   SOLE   108,843 0 0
DUPONT DE NEMOURS IN COM 26614N102 211 2,952 SH   SOLE   0 0 2,952
EXELON CORP COM 30161N101 444 9,200 SH   SOLE   0 0 9,200
FERROGLOBE PLC SHS G33856108 833 737,433 SH   SOLE   737,433 0 0
FLAHERTY & CRUMRINE DYN PFD SHS 33848W106 577 25,350 SH   SOLE   0 0 25,350
GENERAL ELECTRIC CO COM 369604103 183 20,458 SH   SOLE   0 0 20,458
GENWORTH FINL INC COM CL A 37247D106 1,988 451,736 SH   SOLE   368,736 0 83,000
GRAY TELEVISION INC COM 389375106 1,994 122,155 SH   SOLE   122,155 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 500 8,255 SH   SOLE   0 0 8,255
HARVARD BIOSCIENCE INC COM 416906105 403 131,042 SH   SOLE   131,042 0 0
HESS MIDSTREAM PARTNERS LP UNIT LTD PR INT 428104103 628 32,607 SH   SOLE   0 0 32,607
HILL INTERNATIONAL INC COM 431466101 1,258 420,739 SH   SOLE   420,739 0 0
HORIZON GLOBAL CORP COM 44052W104 974 254,972 SH   SOLE   254,972 0 0
INFINERA CORPORATION COM 45667G103 1,754 321,793 SH   SOLE   0 0 35,060
INVACARE CORP COM 461203101 509 67,925 SH   SOLE   67,925 0 0
INVESTORS REAL ESTATE TR SH BEN INT 461730509 932 12,476 SH   SOLE   12,476 0 0
JAKKS PAC INC COM 47012E106 320 373,943 SH   SOLE   373,943 0 0
JETBLUE AIRWAYS CORP COM 477143101 1,776 106,005 SH   SOLE   106,005 0 0
KEMET CORP COM NEW 488360207 844 46,405 SH   SOLE   0 0 46,405
KEY TRONIC CORP COM 493144109 361 56,919 SH   SOLE   0 0 56,919
KIMBELL RTY PARTNERS LP UNIT 49435R102 410 27,879 SH   SOLE   0 0 27,879
KNOWLES CORP COM 49926D109 1,062 52,209 SH   SOLE   52,209 0 0
LAZARD LTD SHS A G54050102 1,983 56,647 SH   SOLE   56,647 0 0
LIMELIGHT NETWORKS INC COM 53261M104 1,170 386,005 SH   SOLE   386,005 0 0
LSI INDS INC COM 50216C108 2,139 409,837 SH   SOLE   409,837 0 0
LYDALL INC DEL COM 550819106 1,253 50,298 SH   SOLE   50,298 0 0
MANITEX INTL INC COM 563420108 1,382 207,815 SH   SOLE   207,815 0 0
METLIFE INC COM 59156R108 413 8,753 SH   SOLE   0 0 8,753
MGIC INVT CORP WIS COM 552848103 1,955 155,382 SH   SOLE   155,382 0 0
MICROSOFT CORP COM 594918104 696 5,005 SH   SOLE   0 0 5,005
MONDELEZ INTL INC CL A 609207105 262 4,740 SH   SOLE   0 0 4,740
MR COOPER GROUP INC COM 62482R107 3,784 356,344 SH   SOLE   356,344 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 3,694 13,766 SH   SOLE   13,766 0 0
NEWELL BRANDS INC COM 651229106 318 16,978 SH   SOLE   0 0 16,978
NOKIA CORP SPONSORED ADR 654902204 599 118,288 SH   SOLE   0 0 118,288
NUANCE COMMUNICATIONS INC COM 67020Y100 423 25,930 SH   SOLE   0 0 25,930
OFFICE DEPOT INC COM 676220106 2,016 1,148,881 SH   SOLE   1,148,881 0 0
OWENS ILL INC COM NEW 690768403 2,010 195,723 SH   SOLE   175,998 0 19,725
PATTERSON COMPANIES INC CALL 703395103 2,730 153,221 SH   SOLE   153,221 0 0
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 706 33,360 SH   SOLE   0 0 33,360
PFIZER INC COM 717081103 323 8,985 SH   SOLE   0 0 8,985
PROSHARES TR SHRT RUSSELL2000 74348A210 305 7,500 SH   SOLE   0 0 7,500
PURECYCLE CORP COM NEW 746228303 44 4,286 SH   SOLE   4,286 0 0
QUICKLOGIC CORP COM 74837P108 8 21,800 SH   SOLE   0 0 21,800
RED LION HOTELS CORP COM 756764106 382 58,942 SH   SOLE   0 0 58,942
RENEWABLE ENERGY GROUP INC COM NEW 75972A301 1,613 107,498 SH   SOLE   107,498 0 0
SANMINA CORPORATION COM 801056102 1,527 47,545 SH   SOLE   47,545 0 0
SCHNITZER STL INDS CL A 806882106 922 44,644 SH   SOLE   44,644 0 0
SCORPIO TANKERS INC SHS Y7542C130 613 20,585 SH   SOLE   0 0 20,585
SEABOARD CORP COM 811543107 3,312 757 SH   SOLE   757 0 0
SEACOR HOLDINGS INC COM 811904101 1,373 29,178 SH   SOLE   29,178 0 0
SEAWORLD ENTMT INC COM 81282V100 668 25,380 SH   SOLE   0 0 25,380
SOUTHWESTERN ENERGY CO COM 845467109 1,535 795,230 SH   SOLE   795,230 0 0
STEWART INFORMATION SVCS COR COM 860372101 2,374 61,208 SH   SOLE   61,208 0 0
SUPERIOR DRILLING PRODS INC COM 868153107 288 295,282 SH   SOLE   280,582 0 14,700
TECK RESOURCES LTD CL B 878742204 265 16,305 SH   SOLE   0 0 16,305
TETRA TECHNOLOGIES INC DEL COM 88162F105 1,020 507,588 SH   SOLE   507,588 0 0
TRAVELCENTERS OF AMERICA INC COM NEW 89421B109 127 10,278 SH   SOLE   10,278 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 503 415,717 SH   SOLE   415,717 0 0
TRINITY INDS INC COM 896522109 260 13,223 SH   SOLE   0 0 13,223
TRIUMPH GROUP INC NEW COM 896818101 3,540 154,719 SH   SOLE   154,719 0 0
TRUSTCO BK CORP N Y COM 898349105 328 40,230 SH   SOLE   0 0 40,230
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 251 3,100 SH   SOLE   0 0 3,100
VISHAY INTERTECHNOLOGY INC COM 928298108 857 50,611 SH   SOLE   50,611 0 0
VISTA OUTDOOR INC COM 928377100 1,551 250,636 SH   SOLE   250,636 0 0
VONAGE HLDGS CORP COM 92886T201 3,396 300,519 SH   SOLE   300,519 0 0
WESTLAKE CHEM PARTNERS LP COM UNIT RP LP 960417103 689 29,636 SH   SOLE   0 0 29,636