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
ASTRONOVA INC Common 04638F108 4,485 344,983 SH   SOLE   319,332 0 0
CALGON CARBON CORP Common 129603106 27,173 1,269,778 SH   SOLE   1,148,928 0 0
COLUMBUS MCKINNON N Y COM Common 199333105 3,568 94,227 SH   SOLE   94,227 0 0
DESTINATION XL GROUP, INC Common 25065K104 1,902 1,000,917 SH   SOLE   945,763 0 0
DMC GLOBAL INC Common 23291C103 4,807 284,423 SH   SOLE   284,423 0 0
ECHO GLOBAL LOGISTICS INC. Common 27875T101 5,148 273,105 SH   SOLE   234,275 0 0
FIRST CONNECTICUT BANCORP, INC. Common 319850103 5,996 224,167 SH   SOLE   224,167 0 0
FRP HOLDINGS INC Common 30292L107 5,616 124,115 SH   SOLE   119,678 0 0
GLOBAL POWER EQUIPMENT GROUP Common 37941P306 236 127,692 SH   SOLE   90,624 0 0
GRANITE CONSTRUCTION INC Common 387328107 14,879 256,755 SH   SOLE   219,005 0 0
GREENHILL & CO INC. Common 395259104 19,817 1,193,802 SH   SOLE   1,026,377 0 0
HAEMONETICS CORPORATION Common 405024100 10,144 226,076 SH   SOLE   192,776 0 0
HARDINGE INC Common 412324303 1,100 72,010 SH   SOLE   72,010 0 0
HILL INTERNATIONAL INC. Common 431466101 5,487 1,155,167 SH   SOLE   1,033,343 0 0
HORIZON GLOBAL CORPORATION Common 44052W104 6,201 351,523 SH   SOLE   334,222 0 0
HOUSTON WIRE & CABLE COMPANY Common 44244K109 6,032 1,149,030 SH   SOLE   933,592 0 0
LAYNE CHRISTENSEN COMPANY Common 521050104 16,161 1,287,698 SH   SOLE   1,088,494 0 0
LIBBEY INC Common 529898108 3,651 394,277 SH   SOLE   385,977 0 0
LIBERTY TAX INC Common 53128T102 6,078 422,111 SH   SOLE   397,506 0 0
MAIDEN HOLDINGS LTD Common 036419750 12,559 1,579,754 SH   SOLE   1,342,600 0 0
MANITEX INTERNATIONAL INC Common 563420108 9,046 1,007,313 SH   SOLE   813,622 0 0
MANITOWOC COMPANY, INC. Common 563571108 27,934 3,103,804 SH   SOLE   2,657,454 0 0
MARINEMAX INC Common 567908108 3,389 204,767 SH   SOLE   204,767 0 0
MATRIX SERVICE COMPANY Common 576853105 8,504 559,307 SH   SOLE   545,153 0 0
MISTRAS GROUP INC. Common 60649T107 15,684 765,071 SH   SOLE   649,329 0 0
NATURAL GROCERS BY VITAMIN COTTAGE INC Common 63888U108 1,021 182,901 SH   SOLE   182,901 0 0
NCI BUILDING SYSTEMS INC Common 628852204 18,194 1,166,300 SH   SOLE   990,939 0 0
NORTHERN TECHNOLOGIES INTL Common 665809109 3,515 211,737 SH   SOLE   170,049 0 0
PAR PACIFIC HOLDINGS INC Common 69888T207 20,086 965,654 SH   SOLE   822,204 0 0
PATRIOT TRANSPORTATION HOLDING Common 70338W105 334 16,743 SH   SOLE   16,743 0 0
PEAK RESORTS INC Common 70469L100 4,456 1,024,286 SH   SOLE   777,582 0 0
PLY GEM HOLDINGS INC. Common 72941W100 16,441 964,295 SH   SOLE   818,846 0 0
QAD INC Common 74727D306 5,235 152,401 SH   SOLE   152,401 0 0
QAD INC-B Common 74727D207 14 500 SH   SOLE   500 0 0
QUINSTREET INC. Common 74874Q100 803 109,319 SH   SOLE   109,319 0 0
RTI SURGICAL, INC. Common 74975N105 6,195 1,361,565 SH   SOLE   1,128,202 0 0
SCHNITZER STEEL INDUSTRIES, INC. Common 806882106 19,196 681,916 SH   SOLE   581,625 0 0
SPX FLOW INC. Common 78469X107 19,291 500,293 SH   SOLE   426,643 0 0
TEAM INC Common 878155100 3,146 235,660 SH   SOLE   235,660 0 0
TEXTAINER GROUP HOLDINGS LIMITED Common G8766E109 24,228 1,412,695 SH   SOLE   1,213,969 0 0
THE CHEFS' WAREHOUSE, INC. Common 163086101 6,637 343,900 SH   SOLE   343,900 0 0
THE CONTAINER STORE GROUP INC Common 210751103 5,054 1,200,581 SH   SOLE   1,060,834 0 0
THERMON GROUP HOLDINGS, INC. Common 88362T103 19,646 1,092,043 SH   SOLE   938,510 0 0
TITAN MACHINERY, INC. Common 88830R101 6,801 437,896 SH   SOLE   418,608 0 0
TIVITY HEALTH INC Common 88870R102 8,678 212,707 SH   SOLE   180,707 0 0
TOPBUILD CORP Common 89055F103 23,359 358,429 SH   SOLE   307,313 0 0
UMH PROPERTIES INC. Common 903002103 4,864 312,809 SH   SOLE   298,412 0 0
VAREX IMAGING CORPORATION Common 92214X106 20,222 597,581 SH   SOLE   510,831 0 0
WILLIS LEASE FINANCE CORPORATION Common 970646105 1,319 53,628 SH   SOLE   53,628 0 0
XERIUM TECHNOLOGIES INC. Common 98416J118 4,623 967,208 SH   SOLE   967,208 0 0