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
ABBOTT LABORATORIES COM 002824100 1,052 17,560 SH   DFND 1 17,060 0 500
ABBVIE INC COM 00287y109 976 10,310 SH   DFND 1 10,110 0 200
ACTUANT CORP CL A COM 00508X203 17,311 744,563 SH   DFND 1 434,524 0 310,039
ACXIOM CORP COM 005125109 10,729 472,434 SH   DFND 1 271,817 0 200,617
ALBANY INTL CORP CL A COM 012348108 15,182 242,143 SH   DFND 1 140,701 0 101,442
ALLEGIANT TRAVEL CO COM 01748x102 15,152 87,814 SH   DFND 1 50,587 0 37,227
ALPHABET INC - CLASS A COM 02079K305 1,591 1,534 SH   DFND 1 1,524 0 10
ALPHABET INC - CLASS C COM 02079K107 1,890 1,832 SH   DFND 1 1,822 0 10
AMDOCS LTD COM g02602103 147 2,201 SH   DFND 1 2,201 0 0
AMERICAN EXPRESS CO COM 025816109 19 200 SH   DFND 1 200 0 0
AMERIS BANCORP COM 03076k108 27,280 515,692 SH   DFND 1 291,836 0 223,856
ANTHEM INC COM 036752103 1,909 8,690 SH   DFND 1 8,540 0 150
APACHE CORP COM 037411105 976 25,351 SH   DFND 1 25,127 0 224
APPLE INC COM 037833100 4,360 25,988 SH   DFND 1 25,478 0 510
APPLIED OPTOELECTRONICS INC COM 03823U102 14,177 565,710 SH   DFND 1 325,725 0 239,985
APTARGROUP INC COM 038336103 138 1,532 SH   DFND 1 1,532 0 0
ARCH CAPITAL GROUP LTD COM G0450A105 1,914 22,360 SH   DFND 1 21,314 0 1,046
ARGO GROUP INTERNATIONAL COM G0464B107 19,735 343,807 SH   DFND 1 205,345 0 138,462
ARMSTRONG WORLD INDUSTRIES COM 04247X102 26,246 466,189 SH   DFND 1 276,401 0 189,788
ATKORE INTERNATIONAL GROUP, IN COM 047649108 20,680 1,041,836 SH   DFND 1 606,318 0 435,518
AVNET INC COM 053807103 337 8,077 SH   DFND 1 6,661 0 1,416
AXALTA COATING SYSTEMS LTD COM G0750C108 1,621 53,677 SH   DFND 1 51,036 0 2,641
BANC OF CALIFORNIA INC COM 05990K106 18,538 960,514 SH   DFND 1 556,075 0 404,439
BELDEN INC COM 077454106 15,594 226,201 SH   DFND 1 135,710 0 90,491
BERKSHIRE HATHAWAY INC CL B COM 084670702 4,332 21,717 SH   DFND 1 21,320 0 397
BIO RAD LABS INC CL A COM 090572207 304 1,215 SH   DFND 1 989 0 226
BOJANGLES INC COM 097488100 9,864 712,222 SH   DFND 1 410,309 0 301,913
BOSTON PRIVATE FINANCIAL HOLDI COM 101119105 13,271 881,813 SH   DFND 1 551,510 0 330,303
BRADY CORP CL A COM 104674106 17,632 474,624 SH   DFND 1 279,979 0 194,645
BRANDYWINE REALTY TRUST COM 105368203 12,986 817,758 SH   DFND 1 468,720 0 349,038
BRIXMOR PROPERTY GROUP INC COM 11120U105 259 16,955 SH   DFND 1 13,680 0 3,275
BRUNSWICK CORP COM 117043109 299 5,033 SH   DFND 1 4,073 0 960
BRYN MAWR BANK CORP COM 117665109 24,151 549,500 SH   DFND 1 320,697 0 228,803
CAMBREX CORP COM 132011107 2,539 48,538 SH   DFND 1 28,085 0 20,453
CAMDEN PROPERTY TRUST COM 133131102 222 2,639 SH   DFND 1 2,145 0 494
CAPITAL ONE FINL CORP COM COM 14040H105 2,233 23,299 SH   DFND 1 22,899 0 400
CARRIZO OIL & GAS INC COM 144577103 17,832 1,114,496 SH   DFND 1 649,433 0 465,063
CATCHMARK TIMBER TRUST INC COM 14912y202 17,892 1,434,794 SH   DFND 1 816,655 0 618,139
CATERPILLAR INC COM 149123101 1,982 13,450 SH   DFND 1 13,150 0 300
CBIZ INC COM 124805102 22,626 1,239,796 SH   DFND 1 717,171 0 522,625
CELANESE CORPORATION COM 150870103 139 1,390 SH   DFND 1 1,390 0 0
CHEVRON CORP COM 166764100 660 5,790 SH   DFND 1 5,732 0 58
CIMAREX ENERGY CO COM 171798101 891 9,530 SH   DFND 1 9,330 0 200
CISCO SYSTEMS INC COM 17275R102 807 18,807 SH   DFND 1 18,357 0 450
COCA-COLA CO COM 191216100 1,502 34,583 SH   DFND 1 33,933 0 650
COMPASS DIVERSIFIED HOLDINGS COM 20451Q104 16,222 989,142 SH   DFND 1 568,422 0 420,720
CONMED CORP COM 207410101 18,139 286,423 SH   DFND 1 164,335 0 122,088
CONNECTONE BANCORP, INC COM 20786w107 24,003 833,445 SH   DFND 1 502,188 0 331,257
CYRUSONE INC COM 23283R100 132 2,578 SH   DFND 1 2,578 0 0
DICK'S SPORTING GOODS INC COM 253393102 1,316 37,557 SH   DFND 1 35,096 0 2,461
DIGITAL REALTY TRUST INC COM 253868103 137 1,304 SH   DFND 1 1,304 0 0
DRIL-QUIP INC COM 262037104 19,359 432,121 SH   DFND 1 251,638 0 180,483
DSW INC COM 23334L102 22,092 983,609 SH   DFND 1 569,468 0 414,141
DUKE REALTY CORP COM 264411505 144 5,453 SH   DFND 1 5,453 0 0
DYCOM INDUSTRIES INC COM 267475101 21,519 199,932 SH   DFND 1 115,635 0 84,297
EAGLE BANCORP INC COM 268948106 10,437 174,393 SH   DFND 1 91,856 0 82,537
EAST WEST BANCORP INC COM 27579R104 428 6,846 SH   DFND 1 5,591 0 1,255
EASTMAN CHEMICAL CO COM 277432100 164 1,553 SH   DFND 1 1,553 0 0
EL PASO ELECTRIC CO COM 283677854 19,923 390,642 SH   DFND 1 224,740 0 165,902
EMPIRE STATE REALTY TRUST A COM 292104106 13,871 826,160 SH   DFND 1 484,185 0 341,975
ENERGEN CORPORATION COM 29265N108 356 5,667 SH   DFND 1 4,842 0 825
ENSIGN GROUP INC COM 29358P101 25,806 981,226 SH   DFND 1 568,825 0 412,401
ENTERPRISE FINANCIAL SERVICES COM 293712105 20,805 443,596 SH   DFND 1 264,871 0 178,725
ESCO TECHNOLOGIES INC COM 296315104 17,708 302,435 SH   DFND 1 174,389 0 128,046
EXTENDED STAY AMERICA COM 30224p200 22,237 1,124,780 SH   DFND 1 653,420 0 471,360
EXXON MOBIL CORP COM 30231G102 504 6,760 SH   DFND 1 6,760 0 0
FEDERAL SIGNAL CORP COM 313855108 22,359 1,015,400 SH   DFND 1 587,600 0 427,800
FIRST BANCORP COM 318910106 10,549 295,906 SH   DFND 1 171,789 0 124,117
FIRST INDUSTRIAL REALTY TRUST COM 32054K103 14,816 506,885 SH   DFND 1 293,540 0 213,345
FIRST MERCHANTS CORP COM 320817109 16,193 388,312 SH   DFND 1 225,186 0 163,126
FLUOR CORP COM 343412102 364 6,369 SH   DFND 1 5,327 0 1,042
FORMFACTOR INC COM 346375108 21,599 1,582,309 SH   DFND 1 918,577 0 663,732
FRANKLIN FINANCIAL NETWORK INC COM 35352P104 14,520 445,400 SH   DFND 1 258,400 0 187,000
FTI CONSULTING INC COM 302941109 19,391 400,565 SH   DFND 1 233,274 0 167,291
GOLDMAN SACHS GROUP INC COM 38141g104 1,791 7,111 SH   DFND 1 6,971 0 140
GRANITE CONSTRUCTION INC COM 387328107 14,433 258,381 SH   DFND 1 144,005 0 114,376
GREIF INC COM 397624107 16,870 322,879 SH   DFND 1 191,893 0 130,986
GROUP 1 AUTOMOTIVE INC COM 398905109 12,083 184,930 SH   DFND 1 107,505 0 77,425
HALLIBURTON CO COM 406216101 736 15,670 SH   DFND 1 15,420 0 250
HANMI FINANCIAL CORP COM 410495204 18,908 614,905 SH   DFND 1 338,076 0 276,829
HAVERTY FURNITURE COS COM 419596101 7,040 349,397 SH   DFND 1 204,110 0 145,287
HAYNES INTERNATIONAL INC COM 420877201 8,451 227,716 SH   DFND 1 131,600 0 96,116
HEARTLAND EXPRESS INC COM 422347104 14,012 778,859 SH   DFND 1 477,795 0 301,064
HERITAGE FINANCIAL CORP COM 42722x106 20,224 660,920 SH   DFND 1 384,636 0 276,284
HEXCEL CORPORATION COM 428291108 188 2,915 SH   DFND 1 2,915 0 0
HILL-ROM HOLDINGS INC COM 431475102 154 1,765 SH   DFND 1 1,765 0 0
HOLOGIC INC COM 436440101 291 7,777 SH   DFND 1 6,263 0 1,514
HOMESTREET INC COM 43785v102 21,880 763,715 SH   DFND 1 444,206 0 319,509
HOMETRUST BANCSHARES INC COM 437872104 16,947 650,538 SH   DFND 1 392,026 0 258,512
HOST HOTELS & RESORTS, INC COM 44107p104 100 5,377 SH   DFND 1 5,377 0 0
ICF INTERNATIONAL INC COM 44925C103 22,506 385,039 SH   DFND 1 223,764 0 161,275
IDACORP INC. COM 451107106 19,917 225,635 SH   DFND 1 127,573 0 98,062
INGREDION INC COM 457187102 331 2,566 SH   DFND 1 2,113 0 453
INNOPHOS HOLDINGS INC COM 45774n108 11,214 278,893 SH   DFND 1 162,455 0 116,438
INTEL CORP COM 458140100 2,039 39,145 SH   DFND 1 38,295 0 850
INTERNATIONAL BUSINESS MACHINE COM 459200101 1,596 10,399 SH   DFND 1 10,274 0 125
INVESCO LTD COM G491BT108 318 9,921 SH   DFND 1 8,271 0 1,650
JABIL INC COM 466313103 2,068 71,992 SH   DFND 1 68,482 0 3,510
JACOBS ENGINEERING GROUP INC COM 469814107 340 5,752 SH   DFND 1 4,737 0 1,015
JB HUNT TRANSPORT SERVICES INC COM 445658107 169 1,444 SH   DFND 1 1,444 0 0
JERNIGAN CAPITAL INC COM 476405105 7,057 389,900 SH   DFND 1 231,500 0 158,400
JETBLUE AIRWAYS CORP COM 477143101 289 14,228 SH   DFND 1 11,535 0 2,693
JOHN WILEY & SONS INC CL A COM 968223206 100 1,565 SH   DFND 1 1,565 0 0
JOHNSON & JOHNSON COM 478160104 1,273 9,930 SH   DFND 1 9,705 0 225
JPMORGAN CHASE & CO COM 46625H100 3,474 31,590 SH   DFND 1 30,840 0 750
KAMAN CORP COM 483548103 21,058 338,996 SH   DFND 1 196,865 0 142,131
KANSAS CITY SOUTHERN COM 485170302 2,068 18,822 SH   DFND 1 18,176 0 646
KFORCE INC COM 493732101 29,022 1,072,903 SH   DFND 1 610,340 0 462,563
KITE REALTY GROUP TRUST COM 49803T300 19,330 1,269,176 SH   DFND 1 732,120 0 537,056
KNOLL INC COM 498904200 19,698 975,615 SH   DFND 1 566,740 0 408,875
KNOWLES CORPORATION COM 49926d109 19,863 1,577,696 SH   DFND 1 923,229 0 654,467
LABORATORY CORP OF AMERICA HOL COM 50540r409 165 1,023 SH   DFND 1 1,023 0 0
LANDEC CORPORATION COM 514766104 4,917 376,754 SH   DFND 1 217,268 0 159,486
LIVANOVA PLC COM g5509l101 23,100 261,020 SH   DFND 1 151,940 0 109,080
LOWE'S COS INC COM 548661107 1,772 20,193 SH   DFND 1 19,693 0 500
LYDALL INC COM 550819106 19,562 405,431 SH   DFND 1 235,627 0 169,804
MATSON INC COM 57686g105 18,056 630,455 SH   DFND 1 363,435 0 267,020
MCDERMOTT INTL INC COM 580037109 21,503 3,530,795 SH   DFND 1 2,096,830 0 1,433,965
MDC HOLDINGS INC COM 552676108 17,993 644,459 SH   DFND 1 372,427 0 272,032
MERCK & CO INC COM 58933y105 17 310 SH   DFND 1 310 0 0
METHODE ELECTRONICS INC COM 591520200 18,983 485,501 SH   DFND 1 281,762 0 203,739
MGIC INVESTMENT CORP COM 552848103 16,710 1,285,400 SH   DFND 1 745,800 0 539,600
MICROSOFT CORP COM 594918104 1,874 20,534 SH   DFND 1 20,134 0 400
MINERALS TECHNOLOGIES INC COM 603158106 18,097 270,311 SH   DFND 1 157,427 0 112,884
MITEL NETWORKS CORP COM 60671Q104 27,353 2,947,525 SH   DFND 1 1,715,842 0 1,231,683
MYR GROUP INC COM 55405w104 20,355 660,448 SH   DFND 1 330,357 0 330,091
NATIONAL OILWELL VARCO INC COM 637071101 548 14,885 SH   DFND 1 14,685 0 200
NAVIGATORS GROUP INC COM 638904102 17,094 296,510 SH   DFND 1 181,430 0 115,080
NCI BUILDING SYSTEMS INC COM 628852204 13,915 786,158 SH   DFND 1 465,040 0 321,118
NETSCOUT SYSTEMS INC COM 64115t104 20,915 793,734 SH   DFND 1 459,585 0 334,149
NEWFIELD EXPLORATION CO COM 651290108 143 5,862 SH   DFND 1 5,862 0 0
NORFOLK SOUTHERN CORP COM 655844108 54 400 SH   DFND 1 400 0 0
NORTHERN TRUST CORP COM 665859104 115 1,117 SH   DFND 1 1,117 0 0
NUCOR CORP COM 670346105 1,263 20,675 SH   DFND 1 20,225 0 450
OCLARO INC COM 67555N206 23,838 2,493,549 SH   DFND 1 1,445,389 0 1,048,160
ON SEMICONDUCTOR CORP COM 682189105 190 7,784 SH   DFND 1 7,784 0 0
ORBOTECH LTD COM M75253100 31,561 507,572 SH   DFND 1 275,133 0 232,439
PACWEST BANCORP COM 695263103 354 7,145 SH   DFND 1 5,801 0 1,344
PATTERSON COS INC COM 703395103 89 3,984 SH   DFND 1 3,404 0 580
PEBBLEBROOK HOTEL TRUST COM 70509v100 20,532 597,715 SH   DFND 1 356,706 0 241,009
PERFICIENT INC COM 71375u101 23,103 1,007,981 SH   DFND 1 589,505 0 418,476
PINNACLE FINANCIAL PARTNERS IN COM 72346Q104 13,309 207,312 SH   DFND 1 122,717 0 84,595
POLARIS INDUSTRIES INC COM 731068102 95 829 SH   DFND 1 829 0 0
PRA GROUP INC COM 69354N106 26,124 687,470 SH   DFND 1 400,275 0 287,195
PREMIER INC COM 74051N102 320 10,219 SH   DFND 1 8,269 0 1,950
PROCTER & GAMBLE CO COM 742718109 13 166 SH   DFND 1 166 0 0
QORVO INC COM 74736K101 264 3,742 SH   DFND 1 3,032 0 710
QTS REALTY TRUST INC COM 74736a103 15,523 428,577 SH   DFND 1 247,620 0 180,957
QUALITY SYSTEMS INC COM 747582104 12,486 914,724 SH   DFND 1 525,059 0 389,665
QUANEX BUILDING PRODUCTS CORP COM 747619104 19,152 1,100,709 SH   DFND 1 633,448 0 467,261
QUANTA SERVICES INC COM 74762e102 387 11,264 SH   DFND 1 9,216 0 2,048
RALPH LAUREN CORP COM 751212101 379 3,391 SH   DFND 1 2,807 0 584
RED ROBIN GOURMET BURGERS COM 75689M101 23,761 409,664 SH   DFND 1 237,875 0 171,789
REGAL BELOIT CORP COM 758750103 19,198 261,732 SH   DFND 1 152,300 0 109,432
REGIS CORP COM 758932107 19,923 1,316,755 SH   DFND 1 757,824 0 558,931
ROBERT HALF INTERNATIONAL COM 770323103 393 6,790 SH   DFND 1 5,595 0 1,195
SABRE CORPORATION COM 78573M104 351 16,363 SH   DFND 1 13,497 0 2,866
SANDY SPRING BANCORP INC COM 800363103 1,938 50,000 SH   DFND 1 28,700 0 21,300
SCHLUMBERGER LTD COM 806857108 10 158 SH   DFND 1 158 0 0
SEACOAST BANKING CORP. COM 811707801 21,346 806,414 SH   DFND 1 469,503 0 336,911
SIMMONS FIRST NATIONAL CORP - COM 828730200 29,397 1,033,274 SH   DFND 1 570,368 0 462,906
SLM CORP COM 78442P106 318 28,358 SH   DFND 1 21,915 0 6,443
SOUTH STATE CORP COM 840441109 20,235 237,216 SH   DFND 1 139,163 0 98,053
SP PLUS CORPORATION COM 78469c103 15,984 448,987 SH   DFND 1 259,166 0 189,821
SPIRE INC COM 84857L101 20,092 277,904 SH   DFND 1 163,696 0 114,208
STERIS PLC COM G84720104 340 3,640 SH   DFND 1 2,992 0 648
STERLING BANCORP COM 85917a100 24,074 1,067,563 SH   DFND 1 627,620 0 439,943
STURM RUGER & COMPANY INC COM 864159108 14,981 285,360 SH   DFND 1 165,120 0 120,240
TJX COS INC COM 872540109 2,030 24,893 SH   DFND 1 24,393 0 500
TOLL BROTHERS INC COM 889478103 1,969 45,527 SH   DFND 1 43,344 0 2,183
TREEHOUSE FOODS INC COM 89469A104 15,199 397,139 SH   DFND 1 230,254 0 166,885
TRI POINTE GROUP INC COM 87265H109 26,656 1,622,407 SH   DFND 1 970,849 0 651,558
TRICO BANCSHARES COM 896095106 17,758 477,114 SH   DFND 1 277,747 0 199,367
TRIUMPH GROUP INC COM 896818101 14,176 562,556 SH   DFND 1 327,693 0 234,863
UNION BANKSHARES CORP COM 90539J109 20,490 558,147 SH   DFND 1 325,000 0 233,147
UNION PACIFIC CORP COM 907818108 13 100 SH   DFND 1 100 0 0
US CONCRETE INC COM 90333l201 18,889 312,726 SH   DFND 1 183,055 0 129,671
US SILICA HOLDINGS INC COM 90346e103 16,753 656,454 SH   DFND 1 377,690 0 278,764
VERINT SYSTEMS INC COM 92343X100 24,225 568,663 SH   DFND 1 334,529 0 234,134
VIRTUSA CORP COM 92827P102 2,276 46,959 SH   DFND 1 4,250 0 42,709
VISTA OUTDOOR INC COM 928377100 11,007 674,426 SH   DFND 1 408,255 0 266,171
WALMART INC COM 931142103 1,862 20,933 SH   DFND 1 20,533 0 400
WALT DISNEY CO COM 254687106 1,030 10,250 SH   DFND 1 9,900 0 350
WELLS FARGO & CO COM 949746101 2,133 40,695 SH   DFND 1 39,895 0 800
WESTAR ENERGY INC COM 95709T100 195 3,717 SH   DFND 1 3,717 0 0
WESTERN ALLIANCE BANCORP COM 957638109 339 5,836 SH   DFND 1 4,809 0 1,027
WHIRLPOOL CORP COM 963320106 1,468 9,590 SH   DFND 1 9,039 0 551
WHITING PETROLEUM CORP COM 966387409 16,223 479,409 SH   DFND 1 292,246 0 187,163
WILLIS TOWERS WATSON PLC COM G96629103 151 989 SH   DFND 1 989 0 0
WINNEBAGO INDUSTRIES INC COM 974637100 12,109 322,050 SH   DFND 1 187,400 0 134,650
WR BERKLEY CORP COM 084423102 207 2,842 SH   DFND 1 2,311 0 531
ZIMMER BIOMET HOLDINGS INC COM 98956p102 1,466 13,445 SH   DFND 1 13,195 0 250