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
ABRAXAS PETE CORP COM 003830106 398 385,952 SH   SOLE   385,952 0 0
ALJ REGIONAL HLDGS INC COM 001627108 479 308,804 SH   SOLE   308,804 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 12,676 503,001 SH   SOLE   347,106 0 155,895
ALLIANT ENERGY CORP COM 018802108 1,616 32,920 SH   SOLE   1,660 0 31,260
ALTRA INDL MOTION CORP COM 02208R106 12,219 340,561 SH   SOLE   236,652 0 103,909
AMERESCO INC CL A 02361E108 620 42,100 SH   SOLE   42,100 0 0
AMERICAN ASSETS TR INC COM 024013104 10,876 230,823 SH   SOLE   155,845 0 74,978
AMERIS BANCORP COM 03076K108 3,831 97,750 SH   SOLE   76,780 0 20,970
ANI PHARMACEUTICALS INC COM 00182C103 356 4,330 SH   SOLE   4,330 0 0
ANTARES PHARMA INC COM 036642106 365 111,050 SH   SOLE   111,050 0 0
AQUAVENTURE HLDGS LTD SHS G0443N107 5,119 256,349 SH   SOLE   210,654 0 45,695
ARCH CAP GROUP LTD ORD G0450A105 2,372 63,980 SH   SOLE   11,520 0 52,460
ARCH COAL INC CL A 039380407 6,491 68,900 SH   SOLE   47,287 0 21,613
ARCOSA INC COM 039653100 11,727 311,635 SH   SOLE   212,899 0 98,736
ARDMORE SHIPPING CORP COM Y0207T100 406 49,813 SH   SOLE   49,813 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 1,415 19,103 SH   SOLE   958 0 18,145
ATLANTIC CAP BANCSHARES INC COM 048269203 652 38,062 SH   SOLE   38,062 0 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 9,738 275,638 SH   SOLE   233,558 0 42,080
AVISTA CORP COM 05379B107 12,453 279,209 SH   SOLE   187,044 0 92,165
BIOSPECIFICS TECHNOLOGIES CO COM 090931106 449 7,526 SH   SOLE   7,526 0 0
BJS WHSL CLUB HLDGS INC COM 05550J101 2,401 90,943 SH   SOLE   53,698 0 37,245
BLUELINX HLDGS INC COM NEW 09624H208 547 27,597 SH   SOLE   27,597 0 0
BRIDGEWATER BANCSHARES INC COM ACCD INV 108621103 704 61,044 SH   SOLE   61,044 0 0
BRINKS CO COM 109696104 15,797 194,594 SH   SOLE   132,970 0 61,624
CAMDEN NATL CORP COM 133034108 1,049 22,862 SH   SOLE   22,862 0 0
CARETRUST REIT INC COM 14174T107 6,476 272,337 SH   SOLE   214,210 0 58,127
CAROLINA FINL CORP NEW COM 143873107 720 20,530 SH   SOLE   20,530 0 0
CARROLS RESTAURANT GROUP INC COM 14574X104 549 60,764 SH   SOLE   60,764 0 0
CENTERSTATE BK CORP COM 15201P109 4,421 191,969 SH   SOLE   105,069 0 86,900
CENTURY CASINOS INC COM 156492100 1,147 118,241 SH   SOLE   118,241 0 0
CHARAH SOLUTIONS INC COM 15957P105 602 109,541 SH   SOLE   109,541 0 0
CHERRY HILL MTG INVT CORP COM 164651101 676 42,272 SH   SOLE   42,272 0 0
CITY OFFICE REIT INC COM 178587101 308 25,684 SH   SOLE   25,684 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 840 37,437 SH   SOLE   37,437 0 0
CLIPPER RLTY INC COM 18885T306 789 70,546 SH   SOLE   70,546 0 0
COMMUNITY BANKERS TR CORP COM 203612106 763 90,050 SH   SOLE   90,050 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 1,050 46,349 SH   SOLE   46,349 0 0
CONSTRUCTION PARTNERS INC COM CL A 21044C107 467 31,072 SH   SOLE   31,072 0 0
COWEN INC CL A NEW 223622606 10,202 593,513 SH   SOLE   513,848 0 79,665
CRYOLIFE INC COM 228903100 6,816 227,738 SH   SOLE   145,499 0 82,239
DINE BRANDS GLOBAL INC COM 254423106 7,673 80,375 SH   SOLE   44,555 0 35,820
DMC GLOBAL INC COM 23291C103 451 7,114 SH   SOLE   7,114 0 0
DUCOMMUN INC DEL COM 264147109 453 10,041 SH   SOLE   10,041 0 0
EAGLE BULK SHIPPING INC SHS NEW Y2187A143 367 70,076 SH   SOLE   70,076 0 0
EAGLE MATERIALS INC COM 26969P108 13,588 146,585 SH   SOLE   101,420 0 45,165
ENERGY RECOVERY INC COM 29270J100 799 76,635 SH   SOLE   76,635 0 0
ENOVA INTL INC COM 29357K103 766 33,218 SH   SOLE   33,218 0 0
ENSIGN GROUP INC COM 29358P101 11,756 206,535 SH   SOLE   139,382 0 67,153
EVERI HLDGS INC COM 30034T103 726 60,870 SH   SOLE   60,870 0 0
EXANTAS CAP CORP COM NEW 30068N105 1,275 112,732 SH   SOLE   112,732 0 0
EXTRACTION OIL AND GAS INC COM 30227M105 7,051 1,628,500 SH   SOLE   1,140,145 0 488,355
FIRST BANCSHARES INC MS COM 318916103 854 28,160 SH   SOLE   28,160 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201 11,851 299,201 SH   SOLE   202,160 0 97,041
FLY LEASING LTD SPONSORED ADR 34407D109 2,991 171,795 SH   SOLE   171,465 0 330
FRONT YD RESIDENTIAL CORP COM 35904G107 13,034 1,066,574 SH   SOLE   772,786 0 293,788
GENERAL FIN CORP DEL COM 369822101 670 80,100 SH   SOLE   80,100 0 0
GETTY RLTY CORP NEW COM 374297109 1,800 58,516 SH   SOLE   45,961 0 12,555
GLOBUS MED INC CL A 379577208 4,145 98,002 SH   SOLE   67,987 0 30,015
GRANITE PT MTG TR INC COM 38741L107 8,091 421,638 SH   SOLE   359,388 0 62,250
GREAT AJAX CORP COM 38983D300 916 65,445 SH   SOLE   65,445 0 0
GREAT ELM CAP CORP COM 390320109 529 60,751 SH   SOLE   60,751 0 0
GREAT ELM CAP GROUP INC COM NEW 39036P209 1,273 296,035 SH   SOLE   296,035 0 0
GREEN BRICK PARTNERS INC COM 392709101 712 85,658 SH   SOLE   85,658 0 0
GREENLIGHT CAPITAL RE LTD CLASS A G4095J109 382 45,037 SH   SOLE   45,037 0 0
HANCOCK WHITNEY CORPORATION COM 410120109 8,028 200,393 SH   SOLE   172,326 0 28,067
HANGER INC COM NEW 41043F208 609 31,794 SH   SOLE   31,794 0 0
HANOVER INS GROUP INC COM 410867105 7,775 60,600 SH   SOLE   41,417 0 19,183
HARVARD BIOSCIENCE INC COM 416906105 218 108,840 SH   SOLE   108,840 0 0
HEALTH INS INNOVATIONS INC COM CL A 42225K106 290 11,185 SH   SOLE   11,185 0 0
HERCULES CAPITAL INC COM 427096508 4,955 386,487 SH   SOLE   228,271 0 158,216
HERITAGE CRYSTAL CLEAN INC COM 42726M106 703 26,716 SH   SOLE   26,716 0 0
HOWARD HUGHES CORP COM 44267D107 13,097 105,758 SH   SOLE   72,268 0 33,490
I3 VERTICALS INC COM CL A 46571Y107 736 25,000 SH   SOLE   25,000 0 0
IBERIABANK CORP COM 450828108 8,974 118,308 SH   SOLE   100,925 0 17,383
ICHOR HOLDINGS SHS G4740B105 441 18,670 SH   SOLE   18,670 0 0
IDACORP INC COM 451107106 11,356 113,078 SH   SOLE   78,174 0 34,904
IES HLDGS INC COM 44951W106 797 42,276 SH   SOLE   42,276 0 0
INTEGRA LIFESCIENCES HLDGS C COM NEW 457985208 1,183 21,177 SH   SOLE   3,302 0 17,875
INVACARE CORP COM 461203101 422 81,259 SH   SOLE   81,259 0 0
INVESTORS BANCORP INC NEW COM 46146L101 5,690 510,285 SH   SOLE   406,210 0 104,075
INVITATION HOMES INC COM 46187W107 2,250 84,175 SH   SOLE   13,130 0 71,045
JAMES RIV GROUP LTD COM G5005R107 1,989 42,413 SH   SOLE   33,325 0 9,088
JERNIGAN CAP INC COM 476405105 924 45,065 SH   SOLE   45,065 0 0
KADANT INC COM 48282T104 5,165 56,874 SH   SOLE   45,165 0 11,709
KBR INC COM 48242W106 13,169 528,022 SH   SOLE   360,093 0 167,929
KINGSTONE COS INC COM 496719105 470 54,372 SH   SOLE   54,372 0 0
KIRBY CORP COM 497266106 6,077 76,924 SH   SOLE   52,598 0 24,326
KNIGHT SWIFT TRANSN HLDGS IN CL A 499049104 11,190 340,739 SH   SOLE   225,334 0 115,405
LADDER CAP CORP CL A 505743104 11,157 671,683 SH   SOLE   446,458 0 225,225
LAUREATE EDUCATION INC CL A 518613203 10,849 690,564 SH   SOLE   471,521 0 219,043
LCI INDS COM 50189K103 3,575 39,725 SH   SOLE   31,204 0 8,521
LEGACY HOUSING CORP COM 52472M101 658 52,841 SH   SOLE   52,841 0 0
LIBERTY PPTY TR SH BEN INT 531172104 696 13,904 SH   SOLE   699 0 13,205
LINDBLAD EXPEDITIONS HLDGS I COM 535219109 5,717 318,519 SH   SOLE   273,313 0 45,206
LIQTECH INTL INC COM 53632A201 646 65,219 SH   SOLE   65,219 0 0
LONESTAR RES US INC CL A VTG 54240F103 319 139,141 SH   SOLE   139,141 0 0
LUXFER HOLDINGS PLC SHS G5698W116 742 30,246 SH   SOLE   30,246 0 0
MADDEN STEVEN LTD COM 556269108 6,586 194,001 SH   SOLE   130,293 0 63,708
MARLIN BUSINESS SVCS CORP COM 571157106 746 29,915 SH   SOLE   29,915 0 0
MASTERCRAFT BOAT HLDGS INC COM 57637H103 449 22,920 SH   SOLE   22,920 0 0
MCGRATH RENTCORP COM 580589109 11,526 185,450 SH   SOLE   127,600 0 57,850
MEDICAL PPTYS TRUST INC COM 58463J304 5,673 325,315 SH   SOLE   184,890 0 140,425
MERIDIAN BANCORP INC MD COM 58958U103 16,344 913,581 SH   SOLE   635,624 0 277,957
MESA AIR GROUP INC COM NEW 590479135 572 62,585 SH   SOLE   62,585 0 0
MGIC INVT CORP WIS COM 552848103 11,762 895,130 SH   SOLE   610,725 0 284,405
MIDDLESEX WATER CO COM 596680108 631 10,644 SH   SOLE   10,644 0 0
MIDLAND STS BANCORP INC ILL COM 597742105 822 30,773 SH   SOLE   30,773 0 0
MIDWESTONE FINL GROUP INC NE COM 598511103 676 24,171 SH   SOLE   24,171 0 0
MKS INSTRUMENT INC COM 55306N104 6,765 86,849 SH   SOLE   59,553 0 27,296
MONOLITHIC PWR SYS INC COM 609839105 6,862 50,539 SH   SOLE   34,458 0 16,081
MOOG INC CL A 615394202 6,278 67,067 SH   SOLE   45,760 0 21,307
NATIONAL GEN HLDGS CORP COM 636220303 8,417 366,920 SH   SOLE   312,360 0 54,560
NATURAL GAS SERVICES GROUP COM 63886Q109 488 29,550 SH   SOLE   29,550 0 0
NEWPARK RES INC COM PAR $.01NEW 651718504 7,359 991,733 SH   SOLE   734,201 0 257,532
NOMAD FOODS LTD USD ORD SHS G6564A105 10,717 501,755 SH   SOLE   342,816 0 158,939
NOODLES & CO COM CL A 65540B105 586 74,360 SH   SOLE   74,360 0 0
NRC GROUP HLDGS CORP COM 629375106 579 52,030 SH   SOLE   52,030 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 970 178,953 SH   SOLE   178,953 0 0
OGE ENERGY CORP COM 670837103 5,700 133,930 SH   SOLE   73,300 0 60,630
OLD LINE BANCSHARES INC COM 67984M100 748 28,105 SH   SOLE   28,105 0 0
OLIN CORP COM PAR $1 680665205 2,494 113,820 SH   SOLE   67,365 0 46,455
PARSLEY ENERGY INC CL A 701877102 12,552 660,290 SH   SOLE   457,095 0 203,195
PERFICIENT INC COM 71375U101 11,661 339,783 SH   SOLE   249,173 0 90,610
PINNACLE FINL PARTNERS INC COM 72346Q104 6,564 114,200 SH   SOLE   72,235 0 41,965
POSTAL REALTY TRUST INC CL A 73757R102 1,051 66,741 SH   SOLE   66,431 0 310
PREFERRED APT CMNTYS INC COM 74039L103 778 52,030 SH   SOLE   52,030 0 0
PROS HOLDINGS INC COM 74346Y103 5,666 89,566 SH   SOLE   61,172 0 28,394
PROVIDENCE SVC CORP COM 743815102 3,536 61,675 SH   SOLE   51,021 0 10,654
PURECYCLE CORP COM NEW 746228303 812 76,646 SH   SOLE   76,646 0 0
QCR HOLDINGS INC COM 74727A104 582 16,689 SH   SOLE   16,689 0 0
RADNET INC COM 750491102 694 50,340 SH   SOLE   50,340 0 0
RADWARE LTD ORD M81873107 6,311 255,210 SH   SOLE   215,965 0 39,245
REALPAGE INC COM 75606N109 1,262 21,440 SH   SOLE   1,082 0 20,358
RECRO PHARMA INC COM 75629F109 790 77,687 SH   SOLE   77,687 0 0
RH COM 74967X103 8,630 74,655 SH   SOLE   51,178 0 23,477
RUDOLPH TECHNOLOGIES INC COM 781270103 722 26,140 SH   SOLE   26,140 0 0
RUSH ENTERPRISES INC CL A 781846209 1,795 49,155 SH   SOLE   8,485 0 40,670
SAPIENS INTL CORP N V SHS G7T16G103 708 42,576 SH   SOLE   42,576 0 0
SEASPINE HLDGS CORP COM 81255T108 551 41,597 SH   SOLE   41,597 0 0
SEAWORLD ENTMT INC COM 81282V100 9,107 293,769 SH   SOLE   194,813 0 98,956
SIENTRA INC COM 82621J105 689 111,780 SH   SOLE   111,780 0 0
SKYLINE CHAMPION CORPORATION COM 830830105 1,228 44,854 SH   SOLE   35,236 0 9,618
SPARTAN MTRS INC COM 846819100 356 32,457 SH   SOLE   32,457 0 0
STAG INDL INC COM 85254J102 2,781 91,980 SH   SOLE   13,670 0 78,310
STERLING BANCORP DEL COM 85917A100 2,705 127,107 SH   SOLE   74,201 0 52,906
STERLING CONSTRUCTION CO INC COM 859241101 564 41,998 SH   SOLE   41,998 0 0
STORE CAP CORP COM 862121100 636 19,163 SH   SOLE   963 0 18,200
SUMMIT HOTEL PPTYS INC COM 866082100 8,946 779,965 SH   SOLE   546,075 0 233,890
SYNOVUS FINL CORP COM NEW 87161C501 10,332 295,195 SH   SOLE   199,755 0 95,440
TARGET HOSPITALITY CORP COM 87615L107 12,140 1,334,060 SH   SOLE   961,985 0 372,075
TECNOGLASS INC SHS G87264100 678 104,539 SH   SOLE   104,539 0 0
TEEKAY TANKERS LTD CL A Y8565N102 333 260,430 SH   SOLE   260,430 0 0
TRECORA RES COM 894648104 609 63,615 SH   SOLE   63,615 0 0
TRONOX HOLDINGS PLC SHS G9087Q102 12,722 995,445 SH   SOLE   679,140 0 316,305
U S CONCRETE INC COM NEW 90333L201 484 9,750 SH   SOLE   9,750 0 0
UNITED FINL BANCORP INC NEW COM 910304104 318 22,410 SH   SOLE   22,410 0 0
UNITIL CORP COM 913259107 7,519 125,555 SH   SOLE   105,367 0 20,188
UNIVERSAL STAINLESS & ALLOY COM 913837100 418 26,150 SH   SOLE   26,150 0 0
VIRTUSA CORP COM 92827P102 9,395 211,453 SH   SOLE   138,478 0 72,975
VOYA FINL INC COM 929089100 5,003 90,472 SH   SOLE   55,647 0 34,825
WESCO AIRCRAFT HLDGS INC COM 950814103 9,612 865,981 SH   SOLE   584,485 0 281,496
WINTRUST FINL CORP COM 97650W108 12,119 165,645 SH   SOLE   109,430 0 56,215
WNS HOLDINGS LTD SPON ADR 92932M101 8,038 135,774 SH   SOLE   92,748 0 43,026
WORLD FUEL SVCS CORP COM 981475106 8,462 235,326 SH   SOLE   146,473 0 88,853
XENIA HOTELS & RESORTS INC COM 984017103 9,518 456,505 SH   SOLE   327,100 0 129,405