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 1,002 147,171 SH   SOLE   146,171 0 1,000
ABBOTT LABS COM 002824100 286 3,125 SH   SOLE   0 0 3,125
ACCURAY INC COM 004397105 631 310,862 SH   SOLE   310,862 0 0
ADTRAN INC COM 00738A106 2,807 256,804 SH   SOLE   256,804 0 0
ALLETE INC COM NEW 018522300 1,808 33,104 SH   SOLE   33,104 0 0
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 1,617 238,900 SH   SOLE   238,900 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 666 16,693 SH   SOLE   0 0 16,693
ARDMORE SHIPPING CORP COM Y0207T100 1,671 384,963 SH   SOLE   384,963 0 0
AT&T INC COM 00206R102 353 11,681 SH   SOLE   0 0 11,681
BRIXMOR PPTY GROUP INC COM 11120U105 1,326 103,445 SH   SOLE   68,400 0 35,045
BOSTON SCIENTIFIC CORP COM 101137107 323 9,205 SH   SOLE   0 0 9,205
CABOT OIL & GAS CORP COM 127097103 624 36,350 SH   SOLE   36,100 0 250
CECO ENVIRONMENTAL CORP COM 125141101 313 47,499 SH   SOLE   47,499 0 0
CELESTICA INC SUB VTG SHS 15101Q108 2,767 405,183 SH   SOLE   405,183 0 0
CHANGE HEALTHCARE INC COM 15912K100 527 47,065 SH   SOLE   0 0 47,065
COLONY CR REAL ESTATE INC COM CL A 19625T101 730 103,918 SH   SOLE   103,918 0 0
CNO FINL GROUP INC COM 12621E103 2,698 173,251 SH   SOLE   173,251 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 243 6,425 SH   SOLE   0 0 6,425
COMPASS DIVERSIFIED HOLDINGS SH BEN INT 20451Q104 717 41,593 SH   SOLE   0 0 41,593
CONCRETE PUMPING HLDGS INC COM 206704108 120 34,474 SH   SOLE   0 0 34,474
CONDUENT INC COM 206787103 1,443 603,928 SH   SOLE   603,928 0 0
CONSOLIDATED EDISON INC COM 209115104 298 4,145 SH   SOLE   0 0 4,145
CORNING INC. COM 219350105 350 13,522 SH   SOLE   0 0 13,522
COVANTA HLDG CORP COM 22282E102 2,121 221,121 SH   SOLE   221,121 0 0
DOMINION ENERGY INC COM 25746U109 309 3,812 SH   SOLE   0 0 3,812
EMCORE CORP COM NEW 290846203 415 130,541 SH   SOLE   129,641 0 900
EXELON CORP COM 30161N101 331 9,120 SH   SOLE   0 0 9,120
GENERAL ELECTRIC CO COM 369604103 136 19,950 SH   SOLE   0 0 19,950
GENWORTH FINL INC COM CL A 37247D106 1,396 604,241 SH   SOLE   489,386 0 114,855
GRAFTECH INTL LTD COM 384313508 1,202 150,567 SH   SOLE   150,567 0 0
GRAY TELEVISION INC COM 389375106 1,273 91,236 SH   SOLE   91,236 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 316 8,200 SH   SOLE   0 0 8,200
HARVARD BIOSCIENCE INC COM 416906105 591 190,494 SH   SOLE   190,494 0 0
HEXCEL CORP NEW COM 428291108 1,307 28,900 SH   SOLE   28,900 0 0
HILL INTL INC COM 431466101 758 498,526 SH   SOLE   498,526 0 0
INFINERA CORP COM 45667G103 1,905 321,833 SH   SOLE   286,773 0 35,060
INGLES MKTS INC CL A 457030104 151 3,500 SH   SOLE   3,500 0 0
KEY TRONIC CORP COM 493144109 302 56,919 SH   SOLE   0 0 56,919
KNOWLES CORP COM 49926D109 1,048 68,709 SH   SOLE   68,709 0 0
LAZARD LTD SHS A G54050102 1,333 46,556 SH   SOLE   28,538 0 18,018
LIMELIGHT NETWORKS INC COM 53261M104 1,541 209,375 SH   SOLE   209,375 0 0
LSI INDS INC COM 50216C108 2,572 397,516 SH   SOLE   397,516 0 0
MANITEX INTL INC COM 563420108 561 112,921 SH   SOLE   112,921 0 0
MATRIX SVC CO COM 576853105 984 101,197 SH   SOLE   101,197 0 0
METLIFE INC COM 59156R108 322 8,823 SH   SOLE   0 0 8,823
MGIC INVT CORP WIS COM 552848103 945 115,333 SH   SOLE   115,333 0 0
MICROSOFT CORP COM 594918104 646 3,175 SH   SOLE   0 0 3,175
MR COOPER GROUP INC COM 62482R107 1,133 91,100 SH   SOLE   91,100 0 0
MYERS INDS INC COM 628464109 471 32,358 SH   SOLE   32,358 0 0
NATIONAL WESTN LIFE GROUP IN CL A 638517102 2,076 10,219 SH   SOLE   10,219 0 0
NEWELL BRANDS INC COM 651229106 265 16,684 SH   SOLE   0 0 16,684
NOKIA CORP SPONSORED ADR 654902204 227 51,530 SH   SOLE   0 0 51,530
OFFICE DEPOT INC COM 676220106 4,022 1,711,539 SH   SOLE   1,380,700 0 330,839
OLD REP INTL CORP COM 680223104 652 40,000 SH   SOLE   40,000 0 0
O-I GLASS INC COM 67098H104 473 52,665 SH   SOLE   52,000 0 665
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 324 33,274 SH   SOLE   0 0 33,274
PFIZER INC COM 717081103 293 8,975 SH   SOLE   0 0 8,975
PHOTRONICS INC COM 719405102 1,048 94,175 SH   SOLE   94,175 0 0
PROGRESS SOFTWARE CORP COM 743312100 293 7,561 SH   SOLE   0 0 7,561
QUANTUM CORP COM NEW 747906501 359 92,935 SH   SOLE   0 0 92,935
SANMINA CORPORATION COM 801056102 1,456 58,154 SH   SOLE   58,154 0 0
SEABOARD CORP COM 811543107 2,194 748 SH   SOLE   748 0 0
SEACOR HOLDINGS INC COM 811904101 1,399 49,416 SH   SOLE   49,416 0 0
STEWART INFORMATION SVCS COR COM 860372101 1,751 53,867 SH   SOLE   53,867 0 0
TECK RESOURCES LTD CL B 878742204 165 15,805 SH   SOLE   0 0 15,805
TETRA TECHNOLOGIES INC DEL COM 88162F105 18 34,000 SH   SOLE   34,000 0 0
THIRD PT REINS LTD COM G8827U100 1,649 219,619 SH   SOLE   219,619 0 0
TPI COMPOSITES INC COM 87266J104 1,058 45,293 SH   SOLE   45,293 0 0
TRINITY INDS INC COM 896522109 283 13,307 SH   SOLE   0 0 13,307
TRUSTCO BK CORP N Y COM 898349105 228 35,960 SH   SOLE   0 0 35,960
UNISYS CORP COM NEW 909214306 2,866 262,674 SH   SOLE   205,727 0 56,947
VISHAY INTERTECHNOLOGY INC COM 928298108 319 20,892 SH   SOLE   0 0 20,892
VISTA OUTDOOR INC COM 928377100 2,157 149,276 SH   SOLE   146,976 0 2,300
VONAGE HLDGS CORP COM 92886T201 2,657 264,085 SH   SOLE   204,341 0 59,744
WESTLAKE CHEM PARTNERS LP COM UNIT RP LP 960417103 556 29,335 SH   SOLE   0 0 29,335