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
ACETO CORP COM 004446100 891 40,600 SH   SOLE 0 40,600 0 0
ALPHABET INC CAP STK CL A 02079K305 3,503 4,420 SH   SOLE 0 4,420 0 0
ALTRA INDL MOTION CORP COM 02208R106 3,593 97,386 SH   SOLE 0 96,756 0 630
AMAG PHARMACEUTICALS INC COM 00163U106 2,301 66,105 SH   SOLE 0 66,105 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 3,279 50,200 SH   SOLE 0 50,200 0 0
AZZ INC COM 002474104 3,954 61,872 SH   SOLE 0 61,502 0 370
BANK AMER CORP COM 060505104 5,821 263,400 SH   SOLE 0 263,400 0 0
BANK AMER CORP COM 060505104 2,210 100,000 SH Put SOLE 0 100,000 0 0
BANNER CORP COM NEW 06652V208 4,231 75,798 SH   SOLE 0 75,798 0 0
BROADCOM LTD SHS Y09827109 257 1,450 SH   SOLE 0 1,450 0 0
BRYN MAWR BK CORP COM 117665109 3,803 90,198 SH   SOLE 0 90,198 0 0
CALAMP CORP COM 128126109 3,985 274,751 SH   SOLE 0 273,591 0 1,160
CAMBREX CORP COM 132011107 3,891 72,142 SH   SOLE 0 72,142 0 0
CARDIOME PHARMA CORP COM NO PAR 14159U301 1,521 550,965 SH   SOLE 0 547,055 0 3,910
CBS CORP NEW CL B 124857202 6,300 99,020 SH   SOLE 0 99,020 0 0
CECO ENVIRONMENTAL CORP COM 125141101 5,252 376,410 SH   SOLE 0 376,410 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 2,375 8,250 SH   SOLE 0 8,250 0 0
CISCO SYS INC COM 17275R102 10,851 359,050 SH   SOLE 0 359,050 0 0
CISCO SYS INC COM 17275R102 10,698 354,000 SH Put SOLE 0 354,000 0 0
COLUMBIA BKG SYS INC COM 197236102 3,741 83,734 SH   SOLE 0 83,734 0 0
CRA INTL INC COM 12618T105 5,603 153,102 SH   SOLE 0 153,102 0 0
CROSS CTRY HEALTHCARE INC COM 227483104 5,223 334,506 SH   SOLE 0 332,806 0 1,700
CU BANCORP CALIF COM 126534106 3,851 107,566 SH   SOLE 0 107,566 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 1,864 68,000 SH   SOLE 0 68,000 0 0
DISH NETWORK CORP CL A 25470M109 1,471 25,400 SH   SOLE 0 25,400 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 5,869 136,492 SH   SOLE 0 136,492 0 0
ENTRAVISION COMMUNICATIONS C CL A 29382R107 3,607 515,338 SH   SOLE 0 515,338 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 4,463 121,126 SH   SOLE 0 120,476 0 650
EXPONENT INC COM 30214U102 2,989 49,579 SH   SOLE 0 49,579 0 0
FACEBOOK INC CL A 30303M102 10,251 89,100 SH   SOLE 0 89,100 0 0
FACEBOOK INC CL A 30303M102 10,251 89,100 SH Put SOLE 0 89,100 0 0
FEDERAL SIGNAL CORP COM 313855108 3,541 226,826 SH   SOLE 0 226,826 0 0
FINANCIAL INSTNS INC COM 317585404 3,845 112,418 SH   SOLE 0 112,418 0 0
FLUSHING FINL CORP COM 343873105 3,132 106,562 SH   SOLE 0 106,562 0 0
GP STRATEGIES CORP COM 36225V104 4,512 157,751 SH   SOLE 0 156,651 0 1,100
GTT COMMUNICATIONS INC COM 362393100 5,708 198,590 SH   SOLE 0 197,610 0 980
HEALTHSTREAM INC COM 42222N103 3,514 140,276 SH   SOLE 0 140,276 0 0
HERITAGE FINL CORP WASH COM 42722X106 4,559 177,091 SH   SOLE 0 177,091 0 0
HIBBETT SPORTS INC COM 428567101 2,766 74,139 SH   SOLE 0 73,589 0 550
HONEYWELL INTL INC COM 438516106 3,302 28,500 SH   SOLE 0 28,500 0 0
HURCO COMPANIES INC COM 447324104 3,600 108,736 SH   SOLE 0 107,876 0 860
ICHOR HOLDINGS SHS G4740B105 1,733 160,200 SH   SOLE 0 160,200 0 0
IMPINJ INC COM 453204109 1,951 55,200 SH   SOLE 0 55,200 0 0
INPHI CORP COM 45772F107 4,467 100,136 SH   SOLE 0 99,686 0 450
INSTEEL INDUSTRIES INC COM 45774W108 4,029 113,051 SH   SOLE 0 112,401 0 650
INVACARE CORP COM 461203101 4,421 338,779 SH   SOLE 0 337,079 0 1,700
JPMORGAN CHASE & CO COM 46625H100 690 8,000 SH Put SOLE 0 8,000 0 0
JPMORGAN CHASE & CO COM 46625H100 3,969 46,000 SH   SOLE 0 46,000 0 0
KADANT INC COM 48282T104 2,522 41,202 SH   SOLE 0 41,202 0 0
KIRKLANDS INC COM 497498105 2,691 173,513 SH   SOLE 0 172,623 0 890
KNIGHT TRANSN INC COM 499064103 3,012 91,164 SH   SOLE 0 90,554 0 610
LAM RESEARCH CORP COM 512807108 375 3,540 SH   SOLE 0 3,540 0 0
LYDALL INC DEL COM 550819106 4,290 69,359 SH   SOLE 0 69,359 0 0
MARTEN TRANS LTD COM 573075108 3,236 138,935 SH   SOLE 0 138,935 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 252 3,930 SH   SOLE 0 3,930 0 0
MICRON TECHNOLOGY INC COM 595112103 13,393 611,000 SH   SOLE 0 611,000 0 0
MICRON TECHNOLOGY INC COM 595112103 13,393 611,000 SH Put SOLE 0 611,000 0 0
MICROSEMI CORP COM 595137100 1,333 24,690 SH   SOLE 0 24,240 0 450
MINDBODY INC COM CL A 60255W105 1,992 93,500 SH   SOLE 0 93,500 0 0
MOVADO GROUP INC COM 624580106 4,161 144,697 SH   SOLE 0 144,697 0 0
MULTI COLOR CORP COM 625383104 3,897 50,223 SH   SOLE 0 50,223 0 0
NATIONAL COMM CORP COM 63546L102 3,939 106,050 SH   SOLE 0 106,050 0 0
NATURAL GAS SERVICES GROUP COM 63886Q109 4,376 136,139 SH   SOLE 0 136,139 0 0
NATUS MEDICAL INC DEL COM 639050103 3,472 99,766 SH   SOLE 0 99,246 0 520
NEOPHOTONICS CORP COM 64051T100 4,375 404,727 SH   SOLE 0 402,677 0 2,050
NN INC COM 629337106 2,131 111,914 SH   SOLE 0 111,914 0 0
NOVANTA INC COM 67000B104 5,431 258,608 SH   SOLE 0 258,608 0 0
OCEANFIRST FINL CORP COM 675234108 4,404 146,662 SH   SOLE 0 146,662 0 0
OLD DOMINION FGHT LINES INC COM 679580100 2,855 33,265 SH   SOLE 0 32,965 0 300
ON ASSIGNMENT INC COM 682159108 4,271 96,747 SH   SOLE 0 96,747 0 0
ON SEMICONDUCTOR CORP COM 682189105 4,755 372,700 SH   SOLE 0 372,700 0 0
ORACLE CORP COM 68389X105 293 7,630 SH   SOLE 0 7,630 0 0
PACIFIC CONTINENTAL CORP COM 69412V108 4,684 214,292 SH   SOLE 0 214,292 0 0
PACWEST BANCORP DEL COM 695263103 4,291 78,845 SH   SOLE 0 78,845 0 0
PANDORA MEDIA INC COM 698354107 958 73,500 SH   SOLE 0 73,500 0 0
PANHANDLE OIL AND GAS INC CL A 698477106 3,997 169,727 SH   SOLE 0 169,727 0 0
PARK STERLING CORP COM 70086Y105 3,679 340,905 SH   SOLE 0 340,905 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 2,735 39,458 SH   SOLE 0 39,098 0 360
RENASANT CORP COM 75970E107 5,026 119,019 SH   SOLE 0 119,019 0 0
RINGCENTRAL INC CL A 76680R206 292 14,180 SH   SOLE 0 13,580 0 600
RPC INC COM 749660106 3,716 187,521 SH   SOLE 0 187,521 0 0
SALESFORCE COM INC COM 79466L302 201 2,930 SH   SOLE 0 2,930 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 2,334 32,700 SH   SOLE 0 32,700 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 272 6,405 SH   SOLE 0 6,405 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 373 5,000 SH   SOLE 0 5,000 0 0
SP PLUS CORP COM 78469C103 2,331 82,832 SH   SOLE 0 82,832 0 0
STERLING BANCORP DEL COM 85917A100 3,746 160,133 SH   SOLE 0 160,133 0 0
STERLING CONSTRUCTION CO INC COM 859241101 3,499 413,600 SH   SOLE 0 413,600 0 0
SUN BANCORP INC COM NEW 86663B201 3,197 122,985 SH   SOLE 0 122,985 0 0
SUPERNUS PHARMACEUTICALS INC COM 868459108 5,245 207,656 SH   SOLE 0 206,556 0 1,100
TWITTER INC COM 90184L102 608 37,300 SH   SOLE 0 37,300 0 0
U S PHYSICAL THERAPY INC COM 90337L108 3,551 50,588 SH   SOLE 0 50,588 0 0
UNITED FINL BANCORP INC NEW COM 910304104 1,259 69,300 SH   SOLE 0 69,300 0 0
VASCULAR SOLUTIONS INC COM 92231M109 3,468 61,815 SH   SOLE 0 61,815 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 615 11,530 SH   SOLE 0 11,530 0 0
VOYA FINL INC COM 929089100 3,122 79,600 SH   SOLE 0 79,600 0 0
WSFS FINL CORP COM 929328102 4,990 107,661 SH   SOLE 0 107,661 0 0