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

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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Acushnet Holdings Corp. COM 005098108   19,892,035 253,434 SH   SOLE   160,109 34,995 58,330
Adtalem Global Education Inc. COM 00737L103   49,497,673 320,477 SH   SOLE   202,084 44,410 73,983
Alamo Group Inc. COM 011311107   18,313,228 95,931 SH   SOLE   60,828 13,200 21,903
Blue Bird Corp. COM 095306106   27,814,491 483,310 SH   SOLE   293,280 74,575 115,455
Cavco Industries Inc. COM 149568107   22,518,967 38,777 SH   SOLE   24,392 5,330 9,055
CBIZ Inc. COM 124805102   5,456,734 103,035 SH   SOLE   58,985 15,920 28,130
Celestica Inc. COM 15101Q207   36,944,681 149,950 SH   SOLE   95,300 20,465 34,185
Champion Homes Inc. COM 830830105   26,371,019 345,306 SH   SOLE   217,976 48,825 78,505
Comfort Systems USA Inc. COM 199908104   37,634,809 45,608 SH   SOLE   28,225 6,245 11,138
Crane NXT Co. COM 224441105   25,924,970 386,536 SH   SOLE   240,326 55,900 90,310
Dycom Industries Inc. COM 267475101   48,523,481 166,313 SH   SOLE   105,869 22,395 38,049
Everus Construction Group Inc. COM 300426103   24,351,199 283,979 SH   SOLE   172,989 40,445 70,545
Exlservice Holdings Inc. COM 302081104   44,515,783 1,011,033 SH   SOLE   626,544 148,925 235,564
Fabrinet SHS G3323L100   32,229,126 88,391 SH   SOLE   56,585 11,555 20,251
Federal Signal Corp. COM 313855108   29,742,859 249,961 SH   SOLE   159,361 34,225 56,375
Hannon Armstrong Sustainable Infrastructure Capital Inc. COM 41068X100   38,911,912 1,267,489 SH   SOLE   805,138 164,000 298,351
Huron Consulting Group Inc. COM 447462102   40,725,153 277,476 SH   SOLE   175,152 37,580 64,744
ICF International Inc. COM 44925C103   30,455,197 328,181 SH   SOLE   205,631 45,290 77,260
Interdigital Inc. COM 45867G101   33,633,688 97,424 SH   SOLE   62,066 13,471 21,887
Korn Ferry COM 500643200   23,121,532 330,402 SH   SOLE   204,120 45,515 80,767
Lakeland Financial Corp. COM 511656100   31,680,710 493,469 SH   SOLE   300,154 68,937 124,378
LegalZoom.Com Inc. COM 52466B103   18,106,405 1,744,355 SH   SOLE   1,091,765 243,300 409,290
Limbach Holdings Inc. COM 53263P105   12,290,827 126,553 SH   SOLE   79,735 17,275 29,543
McGrath RentCorp COM 580589109   34,941,089 297,878 SH   SOLE   189,464 40,905 67,509
Modine Manufacturing Co. COM 607828100   19,911,214 140,062 SH   SOLE   87,690 18,465 33,907
MYR Group Inc. COM 55405W104   41,273,360 198,401 SH   SOLE   125,297 27,194 45,910
Onespaworld Holdings Limited COM P73684113   28,991,544 1,371,407 SH   SOLE   859,832 190,100 321,475
OSI Systems Inc. COM 671044105   48,493,381 194,565 SH   SOLE   121,673 27,155 45,737
Pathward Financial Inc. COM 59100U108   25,799,146 348,590 SH   SOLE   215,345 52,285 80,960
Primo Brands Corp. COM 741623102   22,121,128 1,000,956 SH   SOLE   625,911 135,960 239,085
Rev Group Inc COM 749527107   11,783,960 207,940 SH   SOLE   128,260 31,510 48,170
Silicon Motion Technology Corp. SPONSORED ADR 82706C108   45,363,077 478,463 SH   SOLE   303,313 63,630 111,520
SPDR Gold Trust ETF 78463V107   13,022,999 36,636 SH   SOLE   28,415 0 8,221
Steven Madden LTD. COM 556269108   31,973,735 955,010 SH   SOLE   605,653 125,383 223,974
Tecnoglass Inc. ORD SHS G87264100   6,553,232 97,941 SH   SOLE   62,965 12,950 22,026
Tetra Tech Inc. COM 88162G103   32,691,971 979,388 SH   SOLE   618,767 131,975 228,646
Tower Semiconductor LTD. SHS M87915274   56,492,906 781,368 SH   SOLE   490,713 105,700 184,955
TTM Technologies Inc. COM 87305R109   43,149,600 749,125 SH   SOLE   465,335 101,015 182,775
UMB Financial Corp. COM 902788108   40,008,454 338,052 SH   SOLE   212,513 48,470 77,069
Wiley John & Sons Inc. CL A 968223206   16,011,551 395,640 SH   SOLE   243,325 59,790 92,525
WNS Holdings LTD. COM SHS G98196101   24,659,083 323,313 SH   SOLE   208,678 56,200 58,435