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
Aar Corp CS 000361105 1,022 32,071 SH   DFND 1 32,071 0 0
Aaron'S CS 002535300 1,266 34,954 SH   DFND 1 34,954 0 0
American Equity Investment Lif CS 025676206 1,637 60,687 SH   DFND 1 60,687 0 0
American Public Education Inc CS 02913V103 303 11,799 SH   DFND 1 11,799 0 0
Amerisafe Inc CS 03071H100 1,072 22,782 SH   DFND 1 22,782 0 0
Atlantic Tele Network Inc CS 049079205 674 9,750 SH   DFND 1 9,750 0 0
AZZ Inc CS 002474104 912 17,613 SH   DFND 1 17,613 0 0
Bancfirst Corp CS 05945F103 506 7,738 SH   DFND 1 7,738 0 0
Bank of Marin Bancorp/Ca CS 063425102 925 18,190 SH   DFND 1 18,190 0 0
BBCN Bancorp Inc CS 073295107 671 45,349 SH   DFND 1 45,349 0 0
Bryn Mawr Bank Corp CS 117665109 876 29,050 SH   DFND 1 29,050 0 0
Buckle Inc Com CS 118440106 596 13,025 SH   DFND 1 13,025 0 0
CACI Intl Inc CS 127190304 1,028 12,704 SH   DFND 1 12,704 0 0
Chatham Lodging Trust CS 16208T102 270 10,210 SH   DFND 1 10,210 0 0
Childrens Pl Retail Stores Inc CS 168905107 646 9,872 SH   DFND 1 9,872 0 0
Commercial Metals Co CS 201723103 1,202 74,766 SH   DFND 1 74,766 0 0
Community Trust Bancorp CS 204149108 677 19,416 SH   DFND 1 19,416 0 0
Compass Minerals Intl Inc CS 20451N101 865 10,525 SH   DFND 1 10,525 0 0
Comtech Telecommunications Cp CS 205826209 794 27,330 SH   DFND 1 27,330 0 0
Connectone Bancorp Inc CS 20786w107 1,101 51,129 SH   DFND 1 51,129 0 0
Convergys Corp CS 212485106 1,707 66,970 SH   DFND 1 66,970 0 0
Crane Co CS 224399105 824 14,031 SH   DFND 1 14,031 0 0
Cubic Corp CS 229669106 914 19,203 SH   DFND 1 19,203 0 0
Darling Ingredients Inc CS 237266101 1,037 70,706 SH   DFND 1 70,706 0 0
Deckers Outdoor Corp CS 243537107 349 4,852 SH   DFND 1 4,852 0 0
Domtar Corp CS 257559203 625 15,100 SH   DFND 1 15,100 0 0
El Paso Electric Co CS 283677854 695 20,065 SH   DFND 1 20,065 0 0
Enstar Group Ltd CS G3075P101 691 4,461 SH   DFND 1 4,461 0 0
Exactech Inc CS 30064e109 1,117 53,633 SH   DFND 1 53,633 0 0
Fox Factory Holding Corp CS 35138V102 749 46,592 SH   DFND 1 46,592 0 0
FTI Consulting Inc CS 302941109 845 20,481 SH   DFND 1 20,481 0 0
Genesco Inc CS 371532102 535 8,102 SH   DFND 1 8,102 0 0
Glacier Bancorp Inc CS 37637Q105 1,141 38,789 SH   DFND 1 38,789 0 0
Hawkins Inc CS 420261109 730 18,085 SH   DFND 1 18,085 0 0
Herman Miller, Inc. CS 600544100 690 23,855 SH   DFND 1 23,855 0 0
Hibbett Sports Inc CS 428567101 1,029 22,097 SH   DFND 1 22,097 0 0
Hillenbrand Inc CS 431571108 964 31,408 SH   DFND 1 31,408 0 0
Horizon Bancorp CS 440407104 1,064 42,616 SH   DFND 1 42,616 0 0
Hyster-Yale CS 449172105 913 13,173 SH   DFND 1 13,173 0 0
Innophos Holdings Inc CS 45774N108 518 9,842 SH   DFND 1 9,842 0 0
Innospec Inc CS 45768S105 1,016 22,562 SH   DFND 1 22,562 0 0
Kennametal Inc CS 489170100 1,001 29,339 SH   DFND 1 29,339 0 0
KLX Inc CS 482539103 855 19,378 SH   DFND 1 19,378 0 0
Laclede Group Inc CS 505597104 869 16,694 SH   DFND 1 16,694 0 0
Lakeland Financial Corp CS 511656100 852 19,637 SH   DFND 1 19,637 0 0
Landstar Sys Inc CS 515098101 660 9,875 SH   DFND 1 9,875 0 0
Littelfuse Inc CS 537008104 1,469 15,482 SH   DFND 1 15,482 0 0
LTC Properties Inc CS 502175102 288 6,920 SH   DFND 1 6,920 0 0
Marten Trans Ltd CS 573075108 836 38,528 SH   DFND 1 38,528 0 0
McGrath RentCorp CS 580589109 880 28,934 SH   DFND 1 28,934 0 0
Meritage Homes Corp CS 59001A102 1,075 22,837 SH   DFND 1 22,837 0 0
MSA Safety Inc CS 553498106 717 14,778 SH   DFND 1 14,778 0 0
MTS Systems Corp CS 553777103 912 13,229 SH   DFND 1 13,229 0 0
National Health Invs Inc CS 63633D104 918 14,735 SH   DFND 1 14,735 0 0
National Healthcare Corp CS 635906100 492 7,578 SH   DFND 1 7,578 0 0
New Jersey Res CS 646025106 856 31,066 SH   DFND 1 31,066 0 0
Northwestern Corp CS 668074305 861 17,670 SH   DFND 1 17,670 0 0
Panhandle Oil and Gas Inc-A CS 698477106 978 47,285 SH   DFND 1 47,285 0 0
Piedmont Office Realty Tr Inc CS 720190206 817 46,425 SH   DFND 1 46,425 0 0
Plexus Corp CS 729132100 1,040 23,698 SH   DFND 1 23,698 0 0
ProAssurance Corp CS 74267C106 1,672 36,177 SH   DFND 1 36,177 0 0
Renasant Corp CS 75970e107 731 22,413 SH   DFND 1 22,413 0 0
Rofin Sinar Technologies Inc CS 775043102 788 28,546 SH   DFND 1 28,546 0 0
RPX Corp CS 74972g103 711 42,056 SH   DFND 1 42,056 0 0
Ryman Hospitality Properties I CS 78377T107 311 5,864 SH   DFND 1 5,864 0 0
Schnitzer Steel Industries CS 806882106 882 50,506 SH   DFND 1 50,506 0 0
South Jersey Inds Inc CS 838518108 854 34,525 SH   DFND 1 34,525 0 0
Southside Bancshares Inc CS 84470p109 681 23,299 SH   DFND 1 23,299 0 0
Speedway Motorsports Inc CS 847788106 669 29,518 SH   DFND 1 29,518 0 0
Summit Hotel Properties Inc CS 866082100 320 24,611 SH   DFND 1 24,611 0 0
Tech Data Corp CS 878237106 1,421 24,689 SH   DFND 1 24,689 0 0
Tetra Tech Inc CS 88162G103 865 33,735 SH   DFND 1 33,735 0 0
Tompkins Financial CS 890110109 1,170 21,780 SH   DFND 1 21,780 0 0
Trico Bancshares CS 896095106 670 27,853 SH   DFND 1 27,853 0 0
Triumph Group Inc CS 896818101 739 11,201 SH   DFND 1 11,201 0 0
United Financial Bancorp Inc CS 910304104 553 41,133 SH   DFND 1 41,133 0 0
Valmont Inds Inc CS 920253101 982 8,265 SH   DFND 1 8,265 0 0
Wiley John & Sons Inc Cl A CS 968223206 827 15,208 SH   DFND 1 15,208 0 0
Winnebago Industries Inc CS 974637100 833 35,322 SH   DFND 1 35,322 0 0
World Fuel Svcs Corp CS 981475106 993 20,704 SH   DFND 1 20,704 0 0