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
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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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ACI WORLDWIDE INC COM 004498101 93,470 3,610,260 SH   SOLE   3,180,266 0 429,994
ASHLAND GLOBAL HLDGS INC COM 044186104 70,644 685,532 SH   SOLE   590,394 0 95,138
AXALTA COATING SYS LTD COM G0750C108 53,922 2,438,818 SH   SOLE   2,100,194 0 338,624
BGC PARTNERS INC CL A 05541T101 49,311 14,632,364 SH   SOLE   12,881,254 0 1,751,110
BWX TECHNOLOGIES INC COM 05605H100 94,106 1,708,229 SH   SOLE   1,496,877 0 211,352
CBIZ INC COM 124805102 56,024 1,401,992 SH   SOLE   1,284,484 0 117,508
CIRCOR INTL INC COM 17273K109 9,708 592,304 SH   SOLE   541,875 0 50,429
COLUMBIA BKG SYS INC COM 197236102 75,015 2,618,329 SH   SOLE   2,308,973 0 309,356
COMMUNITY HEALTHCARE TR INC COM 20369C106 20,920 577,732 SH   SOLE   529,348 0 48,384
DT MIDSTREAM INC COMMON STOCK 23345M107 63,781 1,301,120 SH   SOLE   1,133,918 0 167,202
ENOVIS CORPORATION COM 194014502 67,880 1,234,177 SH   SOLE   1,085,640 0 148,537
ESAB CORPORATION COM 29605J106 52,168 1,192,411 SH   SOLE   1,049,589 0 142,822
ESCO TECHNOLOGIES INC COM 296315104 10,981 160,615 SH   SOLE   146,952 0 13,663
EURONET WORLDWIDE INC COM 298736109 35,898 356,873 SH   SOLE   307,340 0 49,533
EVERI HLDGS INC COM 30034T103 11,242 689,287 SH   SOLE   609,269 0 80,018
FB FINL CORP COM 30257X104 39,437 1,005,542 SH   SOLE   921,303 0 84,239
FIRST MERCHANTS CORP COM 320817109 80,641 2,263,928 SH   SOLE   2,016,009 0 247,919
FMC CORP COM NEW 302491303 43,536 406,844 SH   SOLE   350,294 0 56,550
FORWARD AIR CORP COM 349853101 32,505 353,466 SH   SOLE   323,853 0 29,613
FULLER H B CO COM 359694106 24,244 402,650 SH   SOLE   368,890 0 33,760
GAMING & LEISURE PPTYS INC COM 36467J108 86,849 1,898,342 SH   SOLE   1,634,730 0 263,612
GXO LOGISTICS INCORPORATED COMMON STOCK 36262G101 40,021 924,904 SH   SOLE   796,123 0 128,781
HELEN OF TROY LTD COM G4388N106 30,980 190,752 SH   SOLE   164,203 0 26,549
HOWARD HUGHES CORP COM 44267D107 41,023 602,836 SH   SOLE   531,066 0 71,770
IAA INC COM 449253103 21,698 662,116 SH   SOLE   570,172 0 91,944
ISHARES TR RUS 2000 VAL ETF 464287630 4,846 35,658 SH   SOLE   35,658 0 0
KAMAN CORP COM 483548103 39,379 1,260,135 SH   SOLE   1,114,476 0 145,659
KAR AUCTION SVCS INC COM 48238T109 83,037 5,622,016 SH   SOLE   4,951,285 0 670,731
LESLIES INC COM 527064109 48,504 3,195,266 SH   SOLE   2,812,199 0 383,067
LITHIA MTRS INC COM 536797103 108,860 396,129 SH   SOLE   347,797 0 48,332
MAGNOLIA OIL & GAS CORP CL A 559663109 80,943 3,856,265 SH   SOLE   3,391,681 0 464,584
MEDICAL PPTYS TRUST INC COM 58463J304 77,314 5,063,136 SH   SOLE   4,408,661 0 654,475
MODIVCARE INC COM 60783X104 25,185 298,050 SH   SOLE   272,993 0 25,057
NEWMARK GROUP INC CL A 65158N102 47,125 4,873,308 SH   SOLE   4,293,464 0 579,844
NEXSTAR MEDIA GROUP INC CL A 65336K103 171,210 1,051,139 SH   SOLE   924,649 0 126,490
OSI SYSTEMS INC COM 671044105 19,285 225,719 SH   SOLE   206,821 0 18,898
OXFORD INDS INC COM 691497309 26,382 297,300 SH   SOLE   272,543 0 24,757
PACIFIC PREMIER BANCORP COM 69478X105 67,228 2,299,173 SH   SOLE   2,049,440 0 249,733
PACWEST BANCORP DEL COM 695263103 116,349 4,364,161 SH   SOLE   3,834,230 0 529,931
RATTLER MIDSTREAM LP COM UNITS 75419T103 40,764 2,986,339 SH   SOLE   2,638,753 0 347,586
RUTHS HOSPITALITY GROUP INC COM 783332109 12,207 750,768 SH   SOLE   681,923 0 68,845
SILGAN HOLDINGS INC COM 827048109 139,245 3,367,476 SH   SOLE   2,960,397 0 407,079
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 139,460 1,666,194 SH   SOLE   1,467,668 0 198,526
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 111,421 1,358,463 SH   SOLE   1,196,154 0 162,309
STARWOOD PPTY TR INC COM 85571B105 104,705 5,012,223 SH   SOLE   4,415,934 0 596,289
SYNEOS HEALTH INC CL A 87166B102 76,188 1,062,895 SH   SOLE   915,175 0 147,720
TELEDYNE TECHNOLOGIES INC COM 879360105 27,445 73,164 SH   SOLE   63,007 0 10,157
VERINT SYS INC COM 92343X100 93,033 2,196,770 SH   SOLE   1,935,079 0 261,691
VERRA MOBILITY CORP CL A COM STK 92511U102 39,295 2,501,291 SH   SOLE   2,291,797 0 209,494
VICTORIAS SECRET AND CO COMMON STOCK 926400102 32,001 1,144,116 SH   SOLE   985,131 0 158,985
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 78,689 2,949,347 SH   SOLE   2,602,930 0 346,417
WIDEOPENWEST INC COM 96758W101 25,236 1,385,839 SH   SOLE   1,268,583 0 117,256
WILEY JOHN & SONS INC CL A 968223206 89,078 1,865,107 SH   SOLE   1,642,106 0 223,001
XPO LOGISTICS INC COM 983793100 26,686 554,121 SH   SOLE   476,989 0 77,132
ZIFF DAVIS INC COM 48123V102 112,612 1,510,957 SH   SOLE   1,328,184 0 182,773