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
Advanced Energy Inds CS 007973100 419 4,863 SH   DFND 1 4,863 0 0
Alamos Gold Inc CS 011532108 1,777 211,002 SH   DFND 1 211,002 0 0
Alexander's Inc CS 014752109 624 2,435 SH   DFND 1 2,435 0 0
Alico Inc CS 016230104 438 11,673 SH   DFND 1 11,673 0 0
American National Group Inc CS 02772A109 2,460 13,009 SH   DFND 1 13,009 0 0
American Woodmark Corp CS 030506109 1,576 32,200 SH   DFND 1 32,200 0 0
Argan Inc CS 04010e109 2,859 70,439 SH   DFND 1 70,439 0 0
Associated Banc Corp CS 045487105 1,115 48,981 SH   DFND 1 48,981 0 0
Avista Corp CS 05379B107 2,211 48,978 SH   DFND 1 48,978 0 0
AZZ Inc CS 002474104 1,161 24,072 SH   DFND 1 24,072 0 0
Benchmark Electronics Inc CS 08160H101 1,414 56,476 SH   DFND 1 56,476 0 0
Bioventus Inc CS 09075a108 601 42,595 SH   DFND 1 42,595 0 0
Brady Corp CS 104674106 712 15,396 SH   DFND 1 15,396 0 0
Cal Maine Foods Inc CS 128030202 2,494 45,173 SH   DFND 1 45,173 0 0
Camden National Corp CS 133034108 2,437 51,816 SH   DFND 1 51,816 0 0
CareTrust REIT Inc CS 14174t107 956 49,535 SH   DFND 1 49,535 0 0
Cathay General Bancorp CS 149150104 525 11,741 SH   DFND 1 11,741 0 0
Civitas Resources Inc CS 17888h103 477 7,981 SH   DFND 1 7,981 0 0
CMC Materials Inc CS 12571T100 541 2,919 SH   DFND 1 2,919 0 0
Compass Minerals International CS 20451N101 918 14,616 SH   DFND 1 14,616 0 0
CSG Systems International Inc CS 126349109 2,524 39,708 SH   DFND 1 39,708 0 0
CTO Realty Growth Inc CS 22948Q101 2,104 31,731 SH   DFND 1 31,731 0 0
DHT Holdings Inc CS y2065g121 1,872 322,744 SH   DFND 1 322,744 0 0
Diamond Hill Investment Group CS 25264R207 2,242 11,968 SH   DFND 1 11,968 0 0
Edgewell Personal Care CS 28035Q102 910 24,803 SH   DFND 1 24,803 0 0
Employers Holdings CS 292218104 3,016 73,514 SH   DFND 1 73,514 0 0
Encore Wire Corp CS 292562105 516 4,527 SH   DFND 1 4,527 0 0
Energizer Hldgs Inc CS 29272W109 603 19,591 SH   DFND 1 19,591 0 0
Equity Commonwealth CS 294628102 2,526 89,551 SH   DFND 1 89,551 0 0
Fresh Del Monte Produce Inc CS G36738105 970 37,454 SH   DFND 1 37,454 0 0
Getty Realty Corp CS 374297109 1,895 66,215 SH   DFND 1 66,215 0 0
Haemonetics Corp CS 405024100 539 8,519 SH   DFND 1 8,519 0 0
Hanger Inc CS 41043F208 525 28,624 SH   DFND 1 28,624 0 0
Heartland Express Inc CS 422347104 3,028 215,234 SH   DFND 1 215,234 0 0
Hooker Furniture Corp CS 439038100 978 51,630 SH   DFND 1 51,630 0 0
Hostess Brands Inc CS 44109J106 986 44,951 SH   DFND 1 44,951 0 0
John B Sanfilippo & Son Inc CS 800422107 2,284 27,377 SH   DFND 1 27,377 0 0
Johnson Outdoors Inc CS 479167108 919 11,826 SH   DFND 1 11,826 0 0
Methode Electronics Inc CS 591520200 845 19,548 SH   DFND 1 19,548 0 0
Murphy USA Inc CS 626755102 3,459 17,297 SH   DFND 1 17,297 0 0
National Energy Services Reuni CS g6375r107 1,411 168,028 SH   DFND 1 168,028 0 0
National Healthcare Corp CS 635906100 2,543 36,204 SH   DFND 1 36,204 0 0
Nelnet Inc CS 64031N108 1,674 19,695 SH   DFND 1 19,695 0 0
NewMarket Corp CS 651587107 970 2,991 SH   DFND 1 2,991 0 0
NextGen Healthcare Inc CS 65343c102 540 25,847 SH   DFND 1 25,847 0 0
Northwest Natural Holding Co CS 66765N105 208 4,015 SH   DFND 1 4,015 0 0
Northwestern Corp CS 668074305 581 9,605 SH   DFND 1 9,605 0 0
Piedmont Office Realty Tr Inc CS 720190206 1,760 102,199 SH   DFND 1 102,199 0 0
Plexus Corp CS 729132100 574 7,018 SH   DFND 1 7,018 0 0
Portland General Electric Co CS 736508847 1,907 34,576 SH   DFND 1 34,576 0 0
Preformed Line Products Co CS 740444104 525 8,278 SH   DFND 1 8,278 0 0
Prestige Consumer Healthcare I CS 74112D101 1,805 34,090 SH   DFND 1 34,090 0 0
QCR Holdings Inc CS 74727a104 1,748 30,881 SH   DFND 1 30,881 0 0
Safety Insurance Group Inc CS 78648T100 3,523 38,774 SH   DFND 1 38,774 0 0
Sally Beauty Holdings Inc CS 79546E104 460 29,428 SH   DFND 1 29,428 0 0
Sanderson Farms Inc CS 800013104 2,110 11,254 SH   DFND 1 11,254 0 0
Southwest Gas Holdings Inc CS 844895102 3,406 43,501 SH   DFND 1 43,501 0 0
Spire Inc CS 84857L101 2,366 32,965 SH   DFND 1 32,965 0 0
Sprouts Farmers Market Inc CS 85208m102 1,558 48,704 SH   DFND 1 48,704 0 0
Standard Motor Products Inc CS 853666105 2,828 65,548 SH   DFND 1 65,548 0 0
Stepan Co CS 858586100 584 5,911 SH   DFND 1 5,911 0 0
Stewart Information Services C CS 860372101 2,340 38,608 SH   DFND 1 38,608 0 0
Stonex Group Inc CS 861896108 3,017 40,639 SH   DFND 1 40,639 0 0
Treehouse Foods Inc CS 89469A104 771 23,899 SH   DFND 1 23,899 0 0
Tri Pointe Group Inc CS 87265H109 3,103 154,509 SH   DFND 1 154,509 0 0
Vishay Intertechnology Inc CS 928298108 1,598 81,514 SH   DFND 1 81,514 0 0
Washington Federal CS 938824109 2,398 73,073 SH   DFND 1 73,073 0 0
Washington Trust Bancorp CS 940610108 1,714 32,653 SH   DFND 1 32,653 0 0
Waterstone Financial Inc CS 94188P101 1,753 90,637 SH   DFND 1 90,637 0 0
Weis Markets Inc CS 948849104 2,040 28,562 SH   DFND 1 28,562 0 0
Werner Enterprises Inc CS 950755108 2,448 59,708 SH   DFND 1 59,708 0 0
White Mountains Insurance Grou CS G9618E107 1,776 1,563 SH   DFND 1 1,563 0 0
WSFS Financial Corp CS 929328102 492 10,561 SH   DFND 1 10,561 0 0