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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Air Transport Services Group COM 00922R105   1,765,066 109,022 SH   SOLE   0 0 0
Arcelormittal SA Luxemberg NY Registry SH 03938L203   5,383,300 205,000 SH   SOLE   0 0 0
Algoma Steel Group COM 015658107   10,149,971 992,177 SH   SOLE   0 0 0
American Axle & MFG Holdings Inc COM 024061103   818,850 132,500 SH   SOLE   0 0 0
AMREP Corp COM 032159105   4,196,978 141,360 SH   SOLE   0 0 0
Arc Document Solutions Inc COM 00191G103   3,229,489 969,700 SH   SOLE   0 0 0
Arch Resources Inc CL A 03940R107   46,641,711 337,592 SH   SOLE   0 0 0
Atkore International Group Inc COM 047649108   2,118,500 25,000 SH   SOLE   0 0 0
Bluelinx Holdings Inc COM NEW 09624H208   41,498,478 393,649 SH   SOLE   0 0 0
Brightview Holdings Inc COM 10948C107   314,800 20,000 SH   SOLE   0 0 0
Builders FirstSource Inc COM 12008R107   56,658,493 292,265 SH   SOLE   0 0 0
Carriage Services Inc COM 143905107   2,324,059 71,007 SH   SOLE   0 0 0
Civeo Corporation COM NEW 17878Y207   5,308,750 193,750 SH   SOLE   0 0 0
Colliers Intl Group Inc SUB VTG SHS 194693107   4,570,088 30,104 SH   SOLE   0 0 0
Commercial Vehicle Group Inc COM 202608105   218,797 67,322 SH   SOLE   0 0 0
Concrete Pumping Holdings Inc COM 206704108   1,395,969 241,100 SH   SOLE   0 0 0
Conduent Inc COM 206787103   4,183,386 1,038,061 SH   SOLE   0 0 0
CoreCivic Inc COM 21871N101   10,691,907 845,210 SH   SOLE   0 0 0
Consol Energy Inc New COM 20854L108   2,418,566 23,111 SH   SOLE   0 0 0
Container Store Group Inc COM 210751103   29,926 48,503 SH   SOLE   0 0 0
Dana Incorporated COM 235825205   14,880,059 1,425,293 SH   SOLE   0 0 0
Destination XL Group Inc COM 25065K104   220,500 75,000 SH   SOLE   0 0 0
Ezcorp Inc CL A NON VTG 302301106   336,300 30,000 SH   SOLE   0 0 0
Fathom Holdings Inc COM 31189V109   180,994 69,882 SH   SOLE   0 0 0
Ferroglobe PLC SHS G33856108   3,039,200 655,000 SH   SOLE   0 0 0
FirstService Corp COM 33767E202   1,843,576 10,104 SH   SOLE   0 0 0
Fluent Co COM 34380C102   3,173,484 867,072 SH   SOLE   0 0 0
FS KKR Capital Corp COM 302635206   739,875 37,500 SH   SOLE   0 0 0
Garrett Motion Inc COM 366505105   744,380 91,000 SH   SOLE   0 0 0
Graftech INTL LTD COM 384313508   518,435 392,754 SH   SOLE   0 0 0
Gray Television Inc COM 389375106   467,928 87,300 SH   SOLE   0 0 0
Geo Group Inc COM 36162J106   1,028,000 80,000 SH   SOLE   0 0 0
GSI Technology COM 36241U106   100,650 33,000 SH   SOLE   0 0 0
Hallador Energy Company COM 40609P105   1,508,800 160,000 SH   SOLE   0 0 0
Hudson Technologies Inc COM 444144109   2,553,708 306,200 SH   SOLE   0 0 0
IES Holdings Inc COM 44951W106   8,353,099 41,845 SH   SOLE   0 0 0
Information Services Group Inc COM 45675Y104   1,609,215 487,641 SH   SOLE   0 0 0
Inspired Entertainment COM 45782N108   602,550 65,000 SH   SOLE   0 0 0
Kratos Defense & Sec Solutions COM NEW 50077B207   76,447 3,281 SH   SOLE   0 0 0
Lee Enterprises Inc COM 523768406   348,400 40,000 SH   SOLE   0 0 0
Lifetime Brands COM 53222Q103   6,105,883 940,814 SH   SOLE   0 0 0
Limbach Holdings Inc COM 53263P105   1,515,200 20,000 SH   SOLE   0 0 0
Manitex International Inc COM 563420108   374,496 66,518 SH   SOLE   0 0 0
Mayville Engineering Co Inc COM 578605107   5,093,054 241,606 SH   SOLE   0 0 0
Mistras Group Inc COM 60649T107   2,299,503 202,243 SH   SOLE   0 0 0
Olympic Steel Inc COM 68162K106   7,117,461 182,499 SH   SOLE   0 0 0
Oppenheimer Holdings Inc CL A NON VTG 683797104   25,706,694 503,954 SH   SOLE   0 0 0
Orion Group Hldgs Inc COM 68628V308   750,100 130,000 SH   SOLE   0 0 0
Park-Ohio Holdings Corp COM 700666100   2,360,799 76,899 SH   SOLE   0 0 0
Quipt Home Medical COM 74880P104   584,000 200,000 SH   SOLE   0 0 0
RadNet Inc COM 750491102   104,366,793 1,504,061 SH   SOLE   0 0 0
Ramaco Resources Inc COM CL A 75134P900   2,749,500 235,000 SH   SOLE   0 0 0
Ramaco Resources Inc COM CL B 75134P303   505,720 47,000 SH   SOLE   0 0 0
Ranger Energy Services Inc COM CL A 75282U104   434,157 36,576 SH   SOLE   0 0 0
RCI Hospitality Holdings Inc COM 74934Q108   2,673,000 60,000 SH   SOLE   0 0 0
Rimini Str Inc Del COM 76674Q107   109,507 59,193 SH   SOLE   0 0 0
RumbleOn Inc COM CL B 781386305   335,300 70,000 SH   SOLE   0 0 0
Rush Enterprises Inc Cl A CL A 781846209   1,078,683 20,418 SH   SOLE   0 0 0
Rush Enterprises Inc Cl B CL B 781846308   979,043 20,418 SH   SOLE   0 0 0
Ryerson Holding Corporation COM 783754104   42,429,584 2,131,069 SH   SOLE   0 0 0
Saratoga Investment Corp COM NEW 80349A208   784,912 33,847 SH   SOLE   0 0 0
Sinclair Broadcast Group Inc CL A 829226109   2,983,500 195,000 SH   SOLE   0 0 0
Smart Sand Inc COM 83191H107   376,100 200,000 SH   SOLE   0 0 0
Sportsmans Warehouse Holdings Inc COM 84920Y106   4,367,962 1,611,794 SH   SOLE   0 0 0
Tidewater COM 88642R109   1,794,750 25,000 SH   SOLE   0 0 0
Titan International Inc COM 88830M102   406,500 50,000 SH   SOLE   0 0 0
Torrid Holdings Inc COM 89142B107   589,500 150,000 SH   SOLE   0 0 0
Townsquare Media Inc CL A 892231101   4,664,036 467,807 SH   SOLE   0 0 0
Nexxen International LTD SPON ADR 89484T104   1,084,194 134,850 SH   SOLE   0 0 0
Trimas Corp COM NEW 896215209   567,841 22,277 SH   SOLE   0 0 0
Trinseo SA SHS G9059U107   137,751 27,001 SH   SOLE   0 0 0
Tutor Perini Corp COM 901109108   24,296,087 894,554 SH   SOLE   0 0 0
Universal Stainless & Alloy COM 913837100   9,464,350 245,000 SH   SOLE   0 0 0
Victory Cap Holdings Inc COM CL A 92645B103   15,335,385 276,812 SH   SOLE   0 0 0
Village Farms International Inc COM 92707Y108   167,400 180,000 SH   SOLE   0 0 0
World Acceptance Corp COM 981419104   126,121 1,069 SH   SOLE   0 0 0
Xcel Brands Inc COM NEW 98400M101   11,220 15,000 SH   SOLE   0 0 0
Xpel Inc COM 98379L100   1,084,250 25,000 SH   SOLE   0 0 0