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
AARON'S INC COM 002535300 15,218 266,476 SH   SOLE   266,356 0 120
AMERICAN EQUITY INVT LIFE HL COM 025676206 11,753 392,667 SH   SOLE   392,586 0 81
AMN HEALTHCARE SERVICES INC COM 001744101 12,654 203,077 SH   SOLE   203,035 0 42
ARCBEST CORP COM 03937C105 9,180 332,596 SH   SOLE   332,527 0 69
ARCHROCK INC COM 03957W106 6,231 620,664 SH   SOLE   620,534 0 130
ARGO GROUP INTL HLDG F COM g0464b107 15,689 238,620 SH   SOLE   238,571 0 49
BERKSHIRE HILLS BANCORP INC COM 084680107 10,997 334,465 SH   SOLE   334,396 0 69
BLUCORA INC COM 095229100 9,549 365,287 SH   SOLE   365,212 0 75
BONANZA CREEK ENERGY INC COM 097793400 4,467 191,402 SH   SOLE   191,318 0 84
BRANDYWINE REALTY TRUST COM 105368203 11,105 705,078 SH   SOLE   704,932 0 146
BUILDERS FIRSTSOURCE INC COM 12008R107 12,964 510,188 SH   SOLE   510,083 0 105
CABOT CORP COM 127055101 8,753 184,198 SH   SOLE   184,160 0 38
CABOT MICROELECTRONICS CORP COM 12709P103 11,828 81,959 SH   SOLE   81,942 0 17
CADENCE BANCORP COM 12739A100 6,826 376,486 SH   SOLE   376,409 0 77
CARPENTER TECHNOLOGY COM 144285103 12,804 257,208 SH   SOLE   257,155 0 53
CATHAY GENERAL BANCORP COM 149150104 11,143 292,861 SH   SOLE   292,800 0 61
CENTERSTATE BANK CORP COM 15201P109 9,240 369,908 SH   SOLE   369,832 0 76
CLEARWAY ENERGY INC-C COM 18539C204 13,655 684,451 SH   SOLE   684,308 0 143
DAVE & BUSTER'S ENTERTAINMEN COM 238337109 7,645 190,308 SH   SOLE   190,269 0 39
DIODES INC COM 254543101 17,375 308,227 SH   SOLE   308,164 0 63
EMERGENT BIOSOLUTIONS INC COM 29089Q105 11,826 219,210 SH   SOLE   219,165 0 45
EVERCORE INC - A COM 29977A105 9,860 131,884 SH   SOLE   131,820 0 64
FABRINET COM KYG3323L1 15,526 239,453 SH   SOLE   239,404 0 49
FEDERAL SIGNAL CORP COM 313855108 16,152 500,837 SH   SOLE   500,734 0 103
FULTON FINANCIAL CORP COM 360271100 12,383 710,440 SH   SOLE   710,293 0 147
G-III APPAREL GROUP LTD COM 36237H101 6,716 200,468 SH   SOLE   200,427 0 41
GRAY TELEVISION INC COM 389375106 14,903 695,087 SH   SOLE   694,943 0 144
HELEN OF TROY LTD COM BMG4388N1 14,387 80,019 SH   SOLE   80,003 0 16
HERSHA HOSPITALITY TRUST COM 427825500 7,705 529,572 SH   SOLE   529,394 0 178
HILLTOP HOLDINGS INC COM 432748101 11,492 460,975 SH   SOLE   460,879 0 96
II-VI INC COM 902104108 5,704 169,408 SH   SOLE   169,373 0 35
IMAX CORP COM 45245E109 9,679 473,765 SH   SOLE   473,667 0 98
KNOLL INC COM 498904200 11,897 470,983 SH   SOLE   470,886 0 97
LEXINGTON REALTY TRUST COM 529043101 14,476 1,363,058 SH   SOLE   1,362,775 0 283
MALIBU BOATS INC - A COM 56117J100 10,920 266,675 SH   SOLE   266,596 0 79
MEDPACE HOLDINGS INC COM 58506Q109 13,458 160,102 SH   SOLE   160,069 0 33
NATIONAL BANK HOLD-CL A COM 633707104 9,717 275,903 SH   SOLE   275,846 0 57
NATIONAL GENERAL HLDGS COM 636220303 12,363 559,426 SH   SOLE   559,311 0 115
NEWPARK RESOURCES INC COM 651718504 4,745 756,812 SH   SOLE   756,656 0 156
NORTHWESTERN CORP COM 668074305 14,834 206,978 SH   SOLE   206,935 0 43
OUTFRONT MEDIA INC COM 69007J106 11,918 444,375 SH   SOLE   444,283 0 92
PENN VIRGINIA CORP COM 70788V102 4,748 156,456 SH   SOLE   156,424 0 32
PERFORMANCE FOOD GROUP CO COM 71377A103 17,608 342,029 SH   SOLE   341,959 0 70
PREFERRED APARTMENT COMMUN-A COM 74039L103 10,267 770,804 SH   SOLE   770,645 0 159
PRIMORIS SERVICES CORP COM 74164F103 10,645 478,658 SH   SOLE   478,558 0 100
RYMAN HOSPITALITY PROPERTIES COM 78377T107 16,142 186,266 SH   SOLE   186,180 0 86
SCHNITZER STEEL INDS INC-A COM 806882106 5,195 239,641 SH   SOLE   239,591 0 50
SEACOAST BANKING CORP/FL COM 811707801 14,528 475,231 SH   SOLE   475,133 0 98
SPIRIT AIRLINES INC COM 848577102 6,695 166,094 SH   SOLE   166,060 0 34
SRC ENERGY INC COM 78470V108 4,424 1,073,685 SH   SOLE   1,073,465 0 220
STIFEL FINANCIAL CORP COM 860630102 15,005 247,397 SH   SOLE   247,346 0 51
TIMKEN CO COM 887389104 10,803 191,857 SH   SOLE   191,817 0 40
UMB FINANCIAL CORP COM 902788108 12,323 179,530 SH   SOLE   179,493 0 37
UNIVERSAL FOREST PRODUCTS COM 913543104 17,756 372,250 SH   SOLE   372,173 0 77
VERINT SYSTEMS INC COM 92343X100 14,801 267,351 SH   SOLE   267,222 0 129
VERITEX HOLDINGS INC COM 923451108 11,519 395,419 SH   SOLE   395,338 0 81
VIRTUSA CORP COM 92827P102 12,004 264,805 SH   SOLE   264,750 0 55
WINNEBAGO INDUSTRIES COM 974637100 12,729 240,256 SH   SOLE   240,206 0 50