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
ABBOTT LABS COM 002824100 263 6,825 SH   SOLE None 0 0 6,825
ABBVIE INC COM 00287Y109 333 6,475 SH   SOLE None 0 0 6,475
AERCAP HOLDINGS NV SHS N00985106 2,844 67,410 SH   SOLE None 67,410 0 0
ALCATEL-LUCENT SPONSORED ADR 013904305 1,451 371,940 SH   SOLE None 371,940 0 0
ALCOA INC COM 013817101 648 50,325 SH   SOLE None 0 0 50,325
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 3,439 190,749 SH   SOLE None 190,749 0 0
ALPHA NATURAL RESOURCES INC COM 02076X102 4,997 1,175,768 SH   SOLE None 1,175,768 0 0
ASSURED GUARANTY LTD COM G0585R106 2,738 108,141 SH   SOLE None 108,141 0 0
AT&T INC COM 00206R102 487 13,900 SH   SOLE None 0 0 13,900
AUTOBYTEL INC COM NEW 05275N205 633 50,953 SH   SOLE None 50,953 0 0
AXT INC COM 00246W103 1,480 672,644 SH   SOLE None 672,644 0 0
BEBE STORES INC COM 075571109 2,442 399,044 SH   SOLE None 399,044 0 0
BENCHMARK ELECTRS INC COM 08160H101 1,717 75,788 SH   SOLE None 75,788 0 0
BLACK DIAMOND INC COM 09202G101 2,555 208,908 SH   SOLE None 208,908 0 0
BLOUNT INTL INC COM 095180105 4,005 336,571 SH   SOLE None 336,571 0 0
BOSTON SCIENTIFIC CORP COM 101137107 568 41,975 SH   SOLE None 0 0 41,975
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 2,459 66,200 SH   SOLE None 66,200 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 4,887 460,600 SH   SOLE None 460,600 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 3,527 374,449 SH   SOLE None 374,449 0 0
CALLAWAY GOLF CO COM 131193104 4,981 487,381 SH   SOLE None 487,381 0 0
CAPSTONE TURBINE CORP COM 14067D102 2,339 1,098,041 SH   SOLE None 1,098,041 0 0
CNO FINL GROUP INC COM 12621E103 4,665 257,726 SH   SOLE None 257,726 0 0
COCA COLA BOTTLING CO CONS COM 191098102 1,247 14,679 SH   SOLE None 14,679 0 0
COCA COLA ENTERPRISES INC NE COM 19122T109 623 13,050 SH   SOLE None 0 0 13,050
COMVERSE INC COM 20585P105 3,582 103,574 SH   SOLE None 103,574 0 0
CONSOLIDATED EDISON INC COM 209115104 443 8,250 SH   SOLE None 0 0 8,250
COVANTA HLDG CORP COM 22282E102 6,684 370,300 SH   SOLE None 370,300 0 0
COWEN GROUP INC NEW CL A 223622101 4,112 932,444 SH   SOLE None 932,444 0 0
CRYOLIFE INC COM 228903100 2,932 294,427 SH   SOLE None 294,427 0 0
CTS CORP COM 126501105 4,039 193,440 SH   SOLE None 193,440 0 0
DEAN FOODS CO COM NEW 242370203 5,241 339,000 SH   SOLE None 339,000 0 0
DYNEGY INC NEW COM 26817R108 4,622 185,306 SH   SOLE None 185,306 0 0
EASTMAN KODAK CO COM NEW 277461406 2,503 74,942 SH   SOLE None 74,942 0 0
ELECTRO SCIENTIFIC INDS COM 285229100 2,897 294,107 SH   SOLE None 294,107 0 0
EMCOR GROUP INC COM 29084Q100 2,173 46,434 SH   SOLE None 46,434 0 0
EMULEX CORP COM NEW 292475209 3,043 411,713 SH   SOLE None 411,713 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 4,617 85,766 SH   SOLE None 85,766 0 0
EXELON CORP COM 30161N101 379 11,290 SH   SOLE None 0 0 11,290
EXPRESS INC COM 30219E103 2,561 161,261 SH   SOLE None 161,261 0 0
FIRSTMERIT CORP COM 337915102 2,708 130,011 SH   SOLE None 130,011 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 6,042 402,830 SH   SOLE None 402,830 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 4,383 158,995 SH   SOLE None 158,995 0 0
GAIAM INC CL A 36268Q103 2,179 300,619 SH   SOLE None 300,619 0 0
GENERAL ELECTRIC CO COM 369604103 417 16,100 SH   SOLE None 0 0 16,100
GENWORTH FINL INC COM COM CL A 37247D106 4,778 269,475 SH   SOLE None 247,300 0 22,175
GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 4,792 240,938 SH   SOLE None 240,938 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 747 21,175 SH   SOLE None 0 0 21,175
HOOPER HOLMES INC COM 439104100 597 1,011,377 SH   SOLE None 1,011,377 0 0
HUNTSMAN CORP COM 447011107 650 26,625 SH   SOLE None 0 0 26,625
IAC INTERACTIVECORP COM PAR $.001 44919P508 287 4,016 SH   SOLE None 4,016 0 0
INTRALINKS HLDGS INC COM 46118H104 3,144 307,342 SH   SOLE None 307,342 0 0
IPASS INC COM 46261V108 2,221 1,345,913 SH   SOLE None 1,345,913 0 0
JANUS CAP GROUP INC COM 47102X105 3,431 315,668 SH   SOLE None 315,668 0 0
JETBLUE AIRWAYS CORP COM 477143101 3,513 404,255 SH   SOLE None 404,255 0 0
JOHNSON & JOHNSON COM 478160104 246 2,500 SH   SOLE None 0 0 2,500
JOURNAL COMMUNICATIONS INC CL A 481130102 5,128 578,769 SH   SOLE None 578,769 0 0
KCG HLDGS INC CL A 48244B100 6,077 509,413 SH   SOLE None 509,413 0 0
KRATON PERFORMANCE POLYMERS COM 50077C106 3,564 136,361 SH   SOLE None 136,361 0 0
LMI AEROSPACE INC COM 502079106 1,750 124,085 SH   SOLE None 124,085 0 0
LSI INDS INC COM 50216C108 2,822 344,588 SH   SOLE None 344,588 0 0
MATTSON TECHNOLOGY INC COM 577223100 4,640 2,000,169 SH   SOLE None 2,000,169 0 0
MCDERMOTT INTL INC COM 580037109 4,374 559,385 SH   SOLE None 559,385 0 0
METLIFE INC COM 59156R108 623 11,800 SH   SOLE None 0 0 11,800
MFA FINL INC COM 55272X102 3,980 513,592 SH   SOLE None 513,592 0 0
MICROSOFT CORP COM 594918104 362 8,825 SH   SOLE None 0 0 8,825
MONDELEZ INTL INC CL A 609207105 283 8,200 SH   SOLE None 0 0 8,200
MONTPELIER RE HOLDINGS LTD SHS G62185106 2,143 72,000 SH   SOLE None 72,000 0 0
MORGAN STANLEY COM NEW 617446448 523 16,775 SH   SOLE None 0 0 16,775
NEOPHOTONICS CORP COM 64051T100 1,185 149,400 SH   SOLE None 149,400 0 0
NISOURCE INC COM 65473P105 515 14,500 SH   SOLE None 0 0 14,500
OMEGA PROTEIN CORP COM 68210P107 692 57,327 SH   SOLE None 57,327 0 0
ORTHOFIX INTL N V COM N6748L102 4,932 163,586 SH   SOLE None 163,586 0 0
OWENS & MINOR INC NEW COM 690732102 4,153 118,542 SH   SOLE None 118,542 0 0
PAN AMERICAN SILVER CORP COM 697900108 4,682 363,758 SH   SOLE None 363,758 0 0
PFIZER INC COM 717081103 359 11,180 SH   SOLE None 0 0 11,180
PHOENIX COS INC NEW COM NEW 71902E604 2,523 48,759 SH   SOLE None 48,759 0 0
PRGX GLOBAL INC COM NEW 69357C503 3,112 449,057 SH   SOLE None 449,057 0 0
REALNETWORKS INC COM NEW 75605L708 1,458 192,368 SH   SOLE None 191,793 0 575
SANDRIDGE ENERGY INC COM 80007P307 3,076 500,980 SH   SOLE None 500,980 0 0
SANMINA CORPORATION COM 801056102 3,001 171,989 SH   SOLE None 171,989 0 0
SEABOARD CORP COM 811543107 2,129 812 SH   SOLE None 812 0 0
SEACHANGE INTL INC COM 811699107 4,300 411,918 SH   SOLE None 411,918 0 0
SELECTIVE INS GROUP INC COM 816300107 3,669 157,314 SH   SOLE None 157,314 0 0
STEWART INFORMATION SVCS COR COM 860372101 3,670 104,464 SH   SOLE None 104,464 0 0
SUPERIOR INDS INTL INC COM 868168105 985 48,077 SH   SOLE None 48,077 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 5,001 390,736 SH   SOLE None 390,736 0 0
TRAVELCENTERS OF AMERICA LLC COM 894174101 3,656 448,647 SH   SOLE None 448,647 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 3,913 161,507 SH   SOLE None 161,507 0 0
TRIQUINT SEMICONDUCTOR INC COM 89674K103 2,445 182,575 SH   SOLE None 182,575 0 0
TRUSTCO BK CORP N Y COM 898349105 428 60,750 SH   SOLE None 0 0 60,750
UNS ENERGY CORP COM 903119105 3,075 51,230 SH   SOLE None 51,230 0 0
VIOLIN MEMORY INC COM 92763A101 2,247 561,741 SH   SOLE None 561,741 0 0
VISHAY INTERTECHNOLOGY INC COM COM 928298108 4,690 315,160 SH   SOLE None 315,160 0 0
VISTEON CORP COM NEW 92839U206 2,891 32,688 SH   SOLE None 32,688 0 0
VITESSE SEMICONDUCTOR CORP COM NEW 928497304 3,708 882,932 SH   SOLE None 882,932 0 0
VONAGE HLDGS CORP COM 92886T201 2,504 586,354 SH   SOLE None 586,354 0 0
XEROX CORP COM 984121103 544 48,100 SH   SOLE None 0 0 48,100
YAHOO INC COM 984332106 256 7,125 SH   SOLE None 0 0 7,125