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 2824100 266 6,625 SH   SOLE   0 0 6,625
ABBVIE INC COM 00287Y109 343 6,300 SH   SOLE   0 0 6,300
ALCOA INC COM 13817101 442 45,800 SH   SOLE   0 0 45,800
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 4,328 349,059 SH   SOLE   349,059 0 0
AT&T INC COM 00206R102 450 13,800 SH   SOLE   0 0 13,800
AUTOBYTEL INC COM NEW 05275N205 2,938 175,170 SH   SOLE   175,170 0 0
AXCELIS TECHNOLOGIES INC COM 54540109 3,567 1,335,963 SH   SOLE   1,335,963 0 0
AXT INC COM 00246W103 532 277,040 SH   SOLE   277,040 0 0
BARRETT BILL CORP COM 06846N104 189 57,239 SH   SOLE   57,239 0 0
BENCHMARK ELECTRS INC COM 08160H101 1,222 56,173 SH   SOLE   56,173 0 0
BLACK DIAMOND INC COM 09202G101 4,871 775,561 SH   SOLE   775,561 0 0
BLOUNT INTL INC COM 95180105 3,750 673,194 SH   SOLE   673,194 0 0
BOSTON SCIENTIFIC CORP COM 101137107 558 34,025 SH   SOLE   0 0 34,025
BOULDER BRANDS INC COM 101405108 3,687 450,166 SH   SOLE   450,166 0 0
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 2,693 259,487 SH   SOLE   259,487 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 3,550 350,140 SH   SOLE   350,140 0 0
CALLAWAY GOLF CO COM 131193104 3,926 470,181 SH   SOLE   470,181 0 0
CARRIZO OIL & GAS INC COM 144577103 1,063 34,800 SH   SOLE   34,800 0 0
CLOUD PEAK ENERGY INC COM 18911Q102 2,765 1,051,395 SH   SOLE   1,051,395 0 0
CNO FINL GROUP INC COM 12621E103 4,377 232,706 SH   SOLE   232,706 0 0
COCA COLA ENTERPRISES INC NE COM 19122T109 602 12,450 SH   SOLE   0 0 12,450
COLUMBIA PIPELINE GROUP INC COM 198280109 241 13,175 SH   SOLE   0 0 13,175
CONSOLIDATED EDISON INC COM 209115104 550 8,225 SH   SOLE   0 0 8,225
COVANTA HLDG CORP COM 22282E102 5,078 291,000 SH   SOLE   291,000 0 0
CRYOLIFE INC COM 228903100 2,656 272,923 SH   SOLE   272,923 0 0
CSS INDS INC COM 125906107 2,581 97,998 SH   SOLE   97,998 0 0
CTS CORP COM 126501105 3,496 188,867 SH   SOLE   188,867 0 0
DEAN FOODS CO COM NEW 242370203 4,223 255,658 SH   SOLE   255,658 0 0
DYNEGY INC NEW COM 26817R108 3,454 167,106 SH   SOLE   167,106 0 0
EASTMAN KODAK CO COM NEW 277461406 4,071 260,599 SH   SOLE   260,599 0 0
ELECTRO SCIENTIFIC INDS COM 285229100 3,262 703,068 SH   SOLE   703,068 0 0
EMCOR GROUP INC COM 29084Q100 783 17,699 SH   SOLE   17,699 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 5,919 96,988 SH   SOLE   96,988 0 0
EXELON CORP COM 30161N101 352 11,840 SH   SOLE   0 0 11,840
EXPRESS INC COM 30219E103 3,957 221,434 SH   SOLE   221,434 0 0
FIRSTMERIT CORP COM 337915102 5,586 316,139 SH   SOLE   316,139 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 5,504 416,941 SH   SOLE   416,941 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 6,071 153,667 SH   SOLE   153,667 0 0
GAIAM INC CL A 36268Q103 1,409 229,091 SH   SOLE   229,091 0 0
GENERAL ELECTRIC CO COM 369604103 376 14,900 SH   SOLE   0 0 14,900
GENWORTH FINL INC COM CL A 37247D106 1,653 357,832 SH   SOLE   335,682 0 22,150
GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 2,030 553,198 SH   SOLE   553,198 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 935 20,425 SH   SOLE   0 0 20,425
HECLA MNG CO COM 422704106 339 172,200 SH   SOLE   172,200 0 0
HOOPER HOLMES INC COM 439104100 315 2,767,665 SH   SOLE   2,767,665 0 0
HUNTSMAN CORP COM 447011107 255 26,275 SH   SOLE   0 0 26,275
INTREPID POTASH INC COM 46121Y102 2,012 363,238 SH   SOLE   363,238 0 0
INVACARE CORP COM 461203101 2,249 155,420 SH   SOLE   155,420 0 0
IPASS INC COM 46261V108 2,536 2,614,821 SH   SOLE   2,614,821 0 0
JANUS CAP GROUP INC COM 47102X105 1,055 77,548 SH   SOLE   77,548 0 0
JETBLUE AIRWAYS CORP COM 477143101 3,680 142,805 SH   SOLE   142,805 0 0
JOHNSON & JOHNSON COM 478160104 210 2,250 SH   SOLE   0 0 2,250
KCG HLDGS INC CL A 48244B100 5,336 486,428 SH   SOLE   486,428 0 0
KEY TRONICS CORP COM 493144109 370 36,900 SH   SOLE   0 0 36,900
KRATON PERFORMANCE POLYMERS COM 50077C106 1,473 82,305 SH   SOLE   82,305 0 0
LMI AEROSPACE INC COM 502079106 3,868 376,282 SH   SOLE   376,282 0 0
LSI INDS INC COM 50216C108 4,842 573,678 SH   SOLE   573,678 0 0
MATTSON TECHNOLOGY INC COM 577223100 3,732 1,601,558 SH   SOLE   1,601,558 0 0
MCDERMOTT INTL INC COM 580037109 2,573 598,371 SH   SOLE   598,371 0 0
METLIFE INC COM 59156R108 547 11,600 SH   SOLE   0 0 11,600
MFA FINL INC COM 55272X102 5,476 804,144 SH   SOLE   804,144 0 0
MICROSOFT CORP COM 594918104 384 8,675 SH   SOLE   0 0 8,675
MONDELEZ INTL INC CL A 609207105 337 8,050 SH   SOLE   0 0 8,050
MORGAN STANLEY COM NEW 617446448 457 14,500 SH   SOLE   0 0 14,500
NATIONAL WESTN LIFE INS CO CL A 638522102 2,627 11,796 SH   SOLE   11,796 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 5,319 383,482 SH   SOLE   383,482 0 0
NEOPHOTONICS CORP COM 64051T100 4,578 672,304 SH   SOLE   672,304 0 0
NISOURCE INC COM 65473P105 244 13,175 SH   SOLE   0 0 13,175
NORTHWEST PIPE CO COM 667746101 1,510 115,605 SH   SOLE   115,605 0 0
OFFICE DEPOT INC COM 676220106 1,525 237,565 SH   SOLE   237,565 0 0
ORION ENERGY SYSTEMS INC COM 686275108 1,911 1,061,711 SH   SOLE   1,061,711 0 0
ORTHOFIX INTL N V COM N6748L102 5,285 156,586 SH   SOLE   156,586 0 0
OWENS & MINOR INC NEW COM 690732102 5,556 173,942 SH   SOLE   173,942 0 0
OWENS ILL INC COM COM NEW 690768403 346 16,700 SH   SOLE   0 0 16,700
PAN AMERICAN SILVER CORP COM 697900108 962 151,574 SH   SOLE   151,574 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 5,013 411,201 SH   SOLE   411,201 0 0
PFIZER INC COM 717081103 327 10,425 SH   SOLE   0 0 10,425
PHOENIX COS INC NEW COM NEW 71902E604 3,128 94,812 SH   SOLE   94,812 0 0
PRGX GLOBAL INC COM NEW 69357C503 1,140 302,279 SH   SOLE   302,279 0 0
PURECYCLE CORP COM NEW 746228303 655 132,299 SH   SOLE   132,299 0 0
REALNETWORKS INC COM NEW 75605L708 2,964 724,615 SH   SOLE   724,040 0 575
RENTECH INC COM NEW ADDED 760112201 1,230 219,596 SH   SOLE   219,596 0 0
SANMINA CORPORATION COM 801056102 2,907 136,040 SH   SOLE   136,040 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 4,424 250,367 SH   SOLE   250,367 0 0
SEABOARD CORP COM 811543107 1,484 482 SH   SOLE   482 0 0
SEACHANGE INTL INC COM 811699107 4,351 690,713 SH   SOLE   690,713 0 0
SELECTIVE INS GROUP INC COM 816300107 6,210 199,920 SH   SOLE   199,920 0 0
STERLING CONSTRUCTION CO INC COM 859241101 3,770 917,268 SH   SOLE   917,268 0 0
STEWART INFORMATION SVCS COR COM 860372101 4,188 102,362 SH   SOLE   102,362 0 0
SUPERIOR INDS INTL INC COM 868168105 4,451 238,295 SH   SOLE   238,295 0 0
TECK RESOURCES LTD CL B 878742204 164 34,145 SH   SOLE   0 0 34,145
TRAVELCENTERS OF AMERICA LLC COM 894174101 3,383 327,464 SH   SOLE   327,464 0 0
TREDEGAR CORP COM 894650100 2,630 201,063 SH   SOLE   201,063 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 3,458 302,305 SH   SOLE   302,305 0 0
TRUSTCO BK CORP N Y COM 898349105 354 60,550 SH   SOLE   0 0 60,550
VIOLIN MEMORY INC COM 92763A101 2,565 1,858,801 SH   SOLE   1,858,801 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 4,658 480,672 SH   SOLE   480,672 0 0
VISTEON CORP COM NEW 92839U206 2,236 22,088 SH   SOLE   22,088 0 0
VONAGE HLDGS CORP COM 92886T201 8,015 1,363,022 SH   SOLE   1,363,022 0 0
XCERRA CORP COM 98400J108 1,503 239,269 SH   SOLE   239,269 0 0
XEROX CORP COM 984121103 449 46,150 SH   SOLE   0 0 46,150
XURA INC COM 98420V107 3,005 134,258 SH   SOLE   134,258 0 0