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 277 6,625 SH   SOLE   0 0 6,625
ABBVIE INC COM 00287Y109 360 6,300 SH   SOLE   0 0 6,300
ALCOA INC COM 13817101 439 45,800 SH   SOLE   0 0 45,800
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 4,772 361,259 SH   SOLE   361,259 0 0
AMPCO-PITTSBURGH CORP COM 32037103 351 25,237 SH   SOLE   0 0 25,237
AT&T INC COM 00206R102 539 13,756 SH   SOLE   0 0 13,756
AUTOBYTEL INC COM NEW 05275N205 2,064 118,885 SH   SOLE   118,885 0 0
AXCELIS TECHNOLOGIES INC COM 54540109 4,431 1,582,353 SH   SOLE   1,582,353 0 0
BENCHMARK ELECTRS INC COM 08160H101 2,035 88,273 SH   SOLE   88,273 0 0
BLACK DIAMOND INC COM 09202G101 4,718 1,043,902 SH   SOLE   1,043,902 0 0
BLOUNT INTL INC COM 95180105 7,223 723,704 SH   SOLE   723,704 0 0
BOSTON SCIENTIFIC CORP COM 101137107 614 32,625 SH   SOLE   0 0 32,625
BROCADE COMMUNICATIONS SYS I COM NEW 111621306 2,481 234,487 SH   SOLE   234,487 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 3,739 339,635 SH   SOLE   339,635 0 0
CALLAWAY GOLF CO COM 131193104 4,325 474,181 SH   SOLE   474,181 0 0
CARRIAGE SVCS INC COM 143905107 330 15,250 SH   SOLE   0 0 15,250
CARRIZO OIL & GAS INC COM 144577103 2,155 69,700 SH   SOLE   69,700 0 0
CNO FINL GROUP INC COM 12621E103 4,170 232,706 SH   SOLE   232,706 0 0
COCA COLA ENTERPRISES INC NE COM 19122T109 624 12,300 SH   SOLE   0 0 12,300
COLUMBIA PIPELINE GROUP INC COM 198280109 343 13,675 SH   SOLE   0 0 13,675
CONSOLIDATED EDISON INC COM 209115104 623 8,125 SH   SOLE   0 0 8,125
COVANTA HLDG CORP COM 22282E102 5,088 301,800 SH   SOLE   301,800 0 0
CRYOLIFE INC COM 228903100 2,979 277,123 SH   SOLE   277,123 0 0
CSS INDS INC COM 125906107 3,222 115,365 SH   SOLE   115,365 0 0
CTS CORP COM 126501105 3,104 197,232 SH   SOLE   197,232 0 0
DANA HLDG CORP COM 235825205 2,505 177,753 SH   SOLE   177,753 0 0
DEAN FOODS CO COM NEW 242370203 4,814 277,917 SH   SOLE   277,917 0 0
EASTMAN KODAK CO COM NEW 277461406 2,035 187,602 SH   SOLE   187,602 0 0
ELECTRO SCIENTIFIC INDS COM 285229100 3,662 512,108 SH   SOLE   512,108 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 6,226 95,288 SH   SOLE   95,288 0 0
ENTEGRIS INC COM 29362U104 439 32,200 SH   SOLE   0 0 32,200
EXELON CORP COM 30161N101 417 11,640 SH   SOLE   0 0 11,640
EXPRESS INC COM 30219E103 3,953 184,631 SH   SOLE   184,631 0 0
FIRST BUSEY CORP COM NEW 319383204 249 12,158 SH   SOLE   0 0 12,158
FIRSTMERIT CORP COM 337915102 3,793 180,206 SH   SOLE   180,206 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 6,226 489,866 SH   SOLE   458,541 0 31,325
FRESH DEL MONTE PRODUCE INC ORD G36738105 4,512 107,238 SH   SOLE   107,238 0 0
GAIAM INC CL A 36268Q103 2,433 380,191 SH   SOLE   380,191 0 0
GCP APPLIED TECHNOLOGIES INC COM ADDED 36164Y101 369 18,500 SH   SOLE   0 0 18,500
GENERAL ELECTRIC CO COM 369604103 568 17,882 SH   SOLE   0 0 17,882
GENWORTH FINL INC COM CL A 37247D106 2,351 861,032 SH   SOLE   843,082 0 17,950
GLOBAL POWER EQUIPMENT GRP I COM PAR $0.01 37941P306 1,238 619,098 SH   SOLE   619,098 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 932 20,225 SH   SOLE   0 0 20,225
HECLA MNG CO COM 422704106 1,693 609,125 SH   SOLE   609,125 0 0
HOOPER HOLMES INC COM 439104100 822 5,914,023 SH   SOLE   5,914,023 0 0
HUNTSMAN CORP COM 447011107 296 22,275 SH   SOLE   0 0 22,275
INTREPID POTASH INC COM 46121Y102 309 278,693 SH   SOLE   278,693 0 0
INVACARE CORP COM 461203101 3,643 276,641 SH   SOLE   276,641 0 0
IPASS INC COM 46261V108 3,253 2,957,454 SH   SOLE   2,957,454 0 0
JETBLUE AIRWAYS CORP COM 477143101 2,053 97,205 SH   SOLE   97,205 0 0
JOHNSON & JOHNSON COM 478160104 239 2,210 SH   SOLE   0 0 2,210
KCG HLDGS INC CL A 48244B100 6,141 513,928 SH   SOLE   513,928 0 0
KEY TRONICS CORP COM 493144109 479 66,944 SH   SOLE   0 0 66,944
LMI AEROSPACE INC COM 502079106 3,187 374,493 SH   SOLE   374,493 0 0
LSI INDS INC COM 50216C108 6,741 573,678 SH   SOLE   573,678 0 0
MATTSON TECHNOLOGY INC COM 577223100 5,926 1,623,458 SH   SOLE   1,623,458 0 0
MCDERMOTT INTL INC COM 580037109 2,151 525,971 SH   SOLE   525,971 0 0
MERCURY SYS INC COM 589378108 584 28,765 SH   SOLE   0 0 28,765
METLIFE INC COM 59156R108 518 11,800 SH   SOLE   0 0 11,800
MFA FINL INC COM 55272X102 6,074 886,744 SH   SOLE   886,744 0 0
MICROSOFT CORP COM 594918104 458 8,300 SH   SOLE   0 0 8,300
MONDELEZ INTL INC CL A 609207105 323 8,050 SH   SOLE   0 0 8,050
MORGAN STANLEY COM NEW 617446448 363 14,500 SH   SOLE   0 0 14,500
NATIONAL WESTN LIFE INS CO CL A 638522102 4,268 18,507 SH   SOLE   18,507 0 0
NATIONSTAR MTG HLDGS INC COM 63861C109 5,821 587,963 SH   SOLE   587,963 0 0
NEOPHOTONICS CORP COM 64051T100 6,155 438,374 SH   SOLE   438,374 0 0
NETSCOUT SYS INC COM 64115T104 1,742 75,835 SH   SOLE   61,200 0 14,635
NISOURCE INC COM 65473P105 322 13,675 SH   SOLE   0 0 13,675
NORTHWEST PIPE CO COM 667746101 2,477 268,665 SH   SOLE   268,665 0 0
OFFICE DEPOT INC COM 676220106 2,757 388,365 SH   SOLE   388,365 0 0
ORION ENERGY SYSTEMS INC COM 686275108 1,839 1,323,153 SH   SOLE   1,323,153 0 0
ORION ENGINEERED CARBONS S A COM L72967109 441 31,259 SH   SOLE   0 0 31,259
ORTHOFIX INTL N V COM N6748L102 6,177 148,769 SH   SOLE   148,769 0 0
OWENS & MINOR INC NEW COM 690732102 6,537 161,737 SH   SOLE   161,737 0 0
OWENS ILL INC COM COM NEW 690768403 235 14,750 SH   SOLE   0 0 14,750
PAN AMERICAN SILVER CORP COM 697900108 957 88,000 SH   SOLE   88,000 0 0
PFIZER INC COM 717081103 334 11,275 SH   SOLE   0 0 11,275
PHOENIX COS INC NEW COM NEW 71902E604 3,964 107,612 SH   SOLE   107,612 0 0
PITNEY BOWES INC COM 724479100 419 19,430 SH   SOLE   0 0 19,430
PLY GEM HLDGS INC COM 72941W100 277 19,715 SH   SOLE   0 0 19,715
PRGX GLOBAL INC COM NEW 69357C503 49 10,463 SH   SOLE   10,463 0 0
PURECYCLE CORP COM NEW 746228303 960 212,786 SH   SOLE   212,786 0 0
REALNETWORKS INC COM NEW 75605L708 2,408 593,151 SH   SOLE   592,576 0 575
RED LION HOTELS CORP COM 756764106 721 85,552 SH   SOLE   0 0 85,552
SANMINA CORPORATION COM 801056102 3,281 140,340 SH   SOLE   140,340 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 4,913 315,115 SH   SOLE   315,115 0 0
SEABOARD CORP COM 811543107 3,733 1,243 SH   SOLE   1,243 0 0
SEACHANGE INTL INC COM 811699107 3,224 584,134 SH   SOLE   584,134 0 0
SEACOR HOLDINGS INC COM 811904101 3,852 70,739 SH   SOLE   70,739 0 0
SELECTIVE INS GROUP INC COM 816300107 7,315 199,820 SH   SOLE   199,820 0 0
STERLING CONSTRUCTION CO INC COM 859241101 4,651 903,078 SH   SOLE   903,078 0 0
STEWART INFORMATION SVCS COR COM 860372101 3,808 104,962 SH   SOLE   104,962 0 0
STONE ENERGY CORP NOTE 1.750% 3/0 861642AN6 278 716,000 SH   SOLE   0 0 716,000
SUPERIOR INDS INTL INC COM 868168105 3,721 168,545 SH   SOLE   168,545 0 0
TECK RESOURCES LTD CL B 878742204 97 12,750 SH   SOLE   0 0 12,750
TRAVELCENTERS OF AMERICA LLC COM 894174101 3,077 454,453 SH   SOLE   454,453 0 0
TRAVELPORT WORLDWIDE LTD SHS G9019D104 285 20,853 SH   SOLE   0 0 20,853
TREDEGAR CORP COM 894650100 3,189 202,863 SH   SOLE   202,863 0 0
TRI POINTE GROUP INC COM 87265H109 2,145 182,100 SH   SOLE   182,100 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 4,843 415,353 SH   SOLE   415,353 0 0
TRUSTCO BK CORP N Y COM 898349105 721 118,908 SH   SOLE   58,358 0 60,550
VIOLIN MEMORY INC COM 92763A101 917 1,755,078 SH   SOLE   1,755,078 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 4,775 391,060 SH   SOLE   391,060 0 0
VONAGE HLDGS CORP COM 92886T201 6,292 1,376,822 SH   SOLE   1,376,822 0 0
WOLVERINE WORLD WIDE INC COM 978097103 1,654 89,800 SH   SOLE   89,800 0 0
XCERRA CORP COM 98400J108 3,911 599,813 SH   SOLE   599,813 0 0
XEROX CORP COM 984121103 515 46,150 SH   SOLE   0 0 46,150
XURA INC COM 98420V107 2,680 136,258 SH   SOLE   136,258 0 0
YAHOO INC COM 984332106 229 6,225 SH   SOLE   0 0 6,225