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 970 86,184 SH   SOLE   85,184 0 1,000
ABBOTT LABS COM 002824100 355 3,065 SH   SOLE   0 0 3,065
ABBVIE INC COM 00287Y109 213 1,890 SH   SOLE   0 0 1,890
ACCURAY INC COM 004397105 936 207,161 SH   SOLE   207,161 0 0
ADTRAN INC COM 00738A106 1,859 90,000 SH   SOLE   90,000 0 0
ALCOA CORP COM 013872106 232 6,296 SH   SOLE   0 0 6,296
ALLETE INC COM NEW 018522300 891 12,737 SH   SOLE   12,637 0 100
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 1,495 80,767 SH   SOLE   80,767 0 0
AMER SOFTWARE INC CL A 029683109 527 23,976 SH   SOLE   0 0 23,976
ANTERO RESOURCES CORP COM 03674X106 1,207 80,290 SH   SOLE   73,900 0 6,390
APPLE INC COM 037833100 211 1,540 SH   SOLE   0 0 1,540
ARCHER DANIELS MIDLAND CO COM 039483102 1,043 17,215 SH   SOLE   0 0 17,215
ARDMORE SHIPPING CORP COM Y0207T100 1,497 354,724 SH   SOLE   354,724 0 0
AT&T INC COM 00206R102 867 30,120 SH   SOLE   0 0 30,120
BARNES GROUP INC COM 067806109 776 15,142 SH   SOLE   0 0 15,142
BOSTON SCIENTIFIC CORP COM 101137107 389 9,090 SH   SOLE   0 0 9,090
BRIXMOR PPTY GROUP INC COM 11120U105 1,590 69,480 SH   SOLE   35,400 0 34,080
CABOT OIL & GAS CORP COM 127097103 1,518 86,950 SH   SOLE   86,100 0 850
CAL MAINE FOODS INC COM NEW 128030202 597 16,500 SH   SOLE   16,400 0 100
CDK GLOBAL INC COM 125O8E101 742 14,941 SH   SOLE   0 0 14,941
CELESTICA INC SUB VTG SHS 15101Q108 1,702 216,796 SH   SOLE   212,146 0 4,650
CHANGE HEALTHCARE INC COM 15912K100 247 10,739 SH   SOLE   0 0 10,739
CHICOS FAS INC COM 168615102 516 78,348 SH   SOLE   78,348 0 0
CISCO SYS INC COM 17275R102 975 18,395 SH   SOLE   0 0 18,395
CLEVELAND-CLIFFS INC NEW COM 185899101 379 17,600 SH   SOLE   17,600 0 0
CNO FINL GROUP INC COM 12621E103 1,888 79,920 SH   SOLE   79,920 0 0
COCA COLA CO COM 191216100 833 15,402 SH   SOLE   0 0 15,402
COCA-COLA EUROPACIFIC PARTNE SHS G25839104 369 6,220 SH   SOLE   0 0 6,220
COGNYTE SOFTWARE LTD ORD SHS M25133105 616 25,137 SH   SOLE   0 0 25,137
COMPASS DIVERSIFIED SH BEN INT 20451Q104 1,054 41,332 SH   SOLE   0 0 41,332
CONDUENT INC COM 206787103 3,631 484,139 SH   SOLE   368,677 0 115,462
CONOCOPHILLIPS COM 20825C104 974 15,993 SH   SOLE   0 0 15,993
CONSOLIDATED EDISON INC COM 209115104 297 4,140 SH   SOLE   0 0 4,140
CORNING INC COM 219350105 553 13,523 SH   SOLE   0 0 13,523
COVANTA HLDG CORP COM 22282E102 2,233 126,821 SH   SOLE   126,821 0 0
DENNYS CORP COM 24869P104 958 58,080 SH   SOLE   0 0 58,080
DINE BRANDS GLOBAL INC COM 254423106 233 2,610 SH   SOLE   0 0 2,610
DOMINION ENERGY INC COM 25746U109 939 12,762 SH   SOLE   0 0 12,762
EMCORE CORP COM NEW 290846203 385 41,758 SH   SOLE   41,308 0 450
EXELON CORP COM 30161N101 395 8,920 SH   SOLE   0 0 8,920
EZCORP INC CL A NON VTG 302301106 264 43,726 SH   SOLE   43,726 0 0
FORD MTR CO DEL COM 345370860 879 59,175 SH   SOLE   0 0 59,175
GENERAL ELECTRIC CO COM 369604103 270 20,057 SH   SOLE   0 0 20,057
GENWORTH FINL INC COM CL A 37247D106 1,224 313,923 SH   SOLE   190,453 0 123,470
GRAFTECH INTL LTD COM 384313508 1,767 152,078 SH   SOLE   152,078 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 484 7,815 SH   SOLE   0 0 7,815
HARVARD BIOSCIENCE INC COM 416906105 828 99,420 SH   SOLE   99,420 0 0
HILL INTL INC COM 431466101 1,033 415,044 SH   SOLE   415,044 0 0
HOSTESS BRANDS INC CL A 44109J106 736 45,470 SH   SOLE   45,220 0 250
HUNTSMAN CORP COM 447011107 203 7,642 SH   SOLE   0 0 7,642
INFINERA CORP COM 45667G103 1,749 171,516 SH   SOLE   136,456 0 35,060
INGLES MKTS INC CL A 457030104 811 13,910 SH   SOLE   13,910 0 0
KNOWLES CORP COM 49926D109 729 36,909 SH   SOLE   36,909 0 0
LANDCADIA HOLDINGS III INC COM CL A 51476H100 1,506 121,465 SH   SOLE   49,761 0 71,704
LAZARD LTD SHS A G54050102 1,825 40,341 SH   SOLE   21,738 0 18,603
LSI INDS INC OHIO COM 50216C108 1,683 210,153 SH   SOLE   210,153 0 0
MANITEX INTL INC COM 563420108 688 94,351 SH   SOLE   94,351 0 0
MATRIX SVC CO COM 576853105 868 82,626 SH   SOLE   82,626 0 0
METLIFE INC COM 59156R108 507 8,463 SH   SOLE   0 0 8,463
MGIC INVT CORP WIS COM 552848103 1,413 103,933 SH   SOLE   103,933 0 0
MICROSOFT CORP COM 594918104 508 1,876 SH   SOLE   0 0 1,876
MOLSON COORS BEVERAGE CO CL B 60871R209 1,001 18,645 SH   SOLE   0 0 18,645
MYERS INDS INC COM 628464109 282 13,450 SH   SOLE   13,450 0 0
NATIONAL WESTN LIFE GROUP IN CL A 638517102 1,770 7,886 SH   SOLE   7,886 0 0
NOKIA CORP SPONSORED ADR 654902204 280 52,680 SH   SOLE   0 0 52,680
O-I GLASS INC COM 67098H104 1,436 87,946 SH   SOLE   87,281 0 665
OLD REP INTL CORP COM 680223104 673 27,000 SH   SOLE   27,000 0 0
PACTIV EVERGREEN INC COM 69526K105 731 48,532 SH   SOLE   48,532 0 0
PACWEST BANCORP DEL COM 695263103 490 11,914 SH   SOLE   0 0 11,914
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 348 23,410 SH   SOLE   0 0 23,410
PFIZER INC COM 717081103 343 8,765 SH   SOLE   0 0 8,765
PHILIP MORRIS INTL INC COM 718172109 902 9,099 SH   SOLE   0 0 9,099
PHOTRONICS INC COM 719405102 1,187 89,858 SH   SOLE   89,858 0 0
PQ GROUP HLDGS INC COM 73943T103 801 52,134 SH   SOLE   0 0 52,134
PURE CYCLE CORP COM NEW 746228303 336 24,308 SH   SOLE   24,308 0 0
QUANTUM CORP COM NEW 747906501 624 90,620 SH   SOLE   0 0 90,620
RALPH LAUREN CORP CL A 751212101 826 7,014 SH   SOLE   0 0 7,014
SANMINA CORPORATION COM 801056102 628 16,128 SH   SOLE   16,128 0 0
SEABOARD CORP DEL COM 811543107 770 199 SH   SOLE   199 0 0
SIRIUSPOINT LTD COM G8192H106 1,835 182,231 SH   SOLE   181,381 0 850
SP PLUS CORP COM 78469C103 212 6,931 SH   SOLE   0 0 6,931
STEWART INFORMATION SVCS COR COM 860372101 805 14,196 SH   SOLE   14,196 0 0
TECK RESOURCES LTD CL B 878742204 352 15,295 SH   SOLE   0 0 15,295
TIPTREE INC COM 88822Q103 872 93,800 SH   SOLE   93,800 0 0
TRUSTCO BK CORP N Y COM NEW 898349204 1,270 36,947 SH   SOLE   29,755 0 7,192
TWITTER INC COM 90184L102 310 4,505 SH   SOLE   0 0 4,505
TYSON FOODS INC CL A 902494103 996 13,502 SH   SOLE   0 0 13,502
UNDER ARMOUR INC CL A 904311107 1,314 62,149 SH   SOLE   40,000 0 22,149
UNISYS CORP COM NEW 909214306 2,121 83,813 SH   SOLE   70,386 0 13,427
VISHAY INTERTECHNOLOGY INC COM 928298108 470 20,833 SH   SOLE   0 0 20,833
VONAGE HLDGS CORP COM 92886T201 1,555 107,883 SH   SOLE   69,241 0 38,642
WELLS FARGO CO NEW COM 949746101 900 19,883 SH   SOLE   0 0 19,883
WESTLAKE CHEM PARTNERS LP COM UNIT RP LP 960417103 786 29,200 SH   SOLE   0 0 29,200
WILLIAMS INDL SVCS GROUP INC COM 96951A104 1,209 207,300 SH   SOLE   207,300 0 0