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
A10 NETWORKS INC COM 002121101 1,095 160,517 SH   SOLE   160,517 0 0
ABBOTT LABS COM 002824100 281 3,340 SH   SOLE   0 0 3,340
ACCURAY INC COM 004397105 2,060 532,262 SH   SOLE   532,262 0 0
ADTRAN INC COM 00738A106 4,515 296,055 SH   SOLE   296,055 0 0
AEROHIVE NETWORKS INC COM 007786106 2,975 671,480 SH   SOLE   671,480 0 0
ALCOA CORP COM 013872106 2,613 111,620 SH   SOLE   88,200 0 23,420
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 5,163 443,920 SH   SOLE   443,920 0 0
ANTERO RES CORP COM 03674X106 452 81,795 SH   SOLE   0 0 81,795
ARAMARK COM 03852U106 664 18,402 SH   SOLE   0 0 18,402
ARCHER DANIELS MIDLAND CO COM 039483102 666 16,333 SH   SOLE   0 0 16,333
ARCOSA INC COM 039653100 227 6,020 SH   SOLE   0 0 6,020
ARDMORE SHIPPING CORP COM Y0207T100 3,344 410,337 SH   SOLE   410,337 0 0
AT&T INC COM 00206R102 443 13,206 SH   SOLE   0 0 13,206
BOSTON SCIENTIFIC CORP COM 101137107 587 13,665 SH   SOLE   0 0 13,665
BROOKLINE BANCORP INC DEL COM 11373M107 1,420 92,360 SH   SOLE   92,360 0 0
CARRIZO OIL & GAS INC COM 144577103 1,442 143,900 SH   SOLE   143,900 0 0
CECO ENVIRONMENTAL CORP COM 125141101 2,008 209,344 SH   SOLE   188,672 0 20,672
CELESTICA INC SUB VTG SHS 15101Q108 2,902 424,832 SH   SOLE   424,832 0 0
CISION LTD SHS G1992S109 280 23,830 SH   SOLE   0 0 23,830
CLARUS CORP NEW COM 18270P109 1,338 92,692 SH   SOLE   92,692 0 0
CLEVELAND CLIFFS INC COM 185899101 3,155 295,656 SH   SOLE   295,656 0 0
CNO FINL GROUP INC COM 12621E103 3,006 180,197 SH   SOLE   180,197 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 364 6,435 SH   SOLE   0 0 6,435
COMPASS DIVERSIFIED HOLDINGS SH BEN INT 20451Q104 1,160 60,706 SH   SOLE   0 0 60,706
CONDUENT INC COM 206787103 2,185 227,809 SH   SOLE   227,809 0 0
CONSOLIDATED EDISON INC COM 209115104 364 4,155 SH   SOLE   0 0 4,155
COVANTA HLDG CORP COM 22282E102 4,618 257,865 SH   SOLE   257,865 0 0
COWEN INC CL A NEW 223622606 862 50,135 SH   SOLE   50,135 0 0
CRAWFORD & CO CL A 224633206 295 27,980 SH   SOLE   0 0 27,980
CSS INDS INC COM 125906107 574 117,635 SH   SOLE   117,635 0 0
DONNELLEY FINL SOLUTIONS INC COM 25787G100 2,434 182,424 SH   SOLE   182,424 0 0
DUPONT DE NEMOURS IN COM ADDED 26614N102 222 2,952 SH   SOLE   0 0 2,952
ENSCO ROWAN PLC SHS CLASS A G3166L100 998 116,971 SH   SOLE   116,971 0 0
EXELON CORP COM 30161N101 441 9,200 SH   SOLE   0 0 9,200
FERROGLOBE PLC SHS G33856108 1,254 737,433 SH   SOLE   737,433 0 0
FLAHERTY & CRUMRINE DYN PFD SHS 33848W106 577 25,350 SH   SOLE   0 0 25,350
FLY LEASING LTD SPONSORED ADR 34407D109 244 14,021 SH   SOLE   0 0 14,021
GENERAL ELECTRIC CO COM 369604103 215 20,458 SH   SOLE   0 0 20,458
GENWORTH FINL INC COM CL A 37247D106 1,676 451,736 SH   SOLE   368,736 0 83,000
GRAY TELEVISION INC COM 389375106 1,371 83,655 SH   SOLE   83,655 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 471 8,455 SH   SOLE   0 0 8,455
HARVARD BIOSCIENCE INC COM 416906105 735 367,442 SH   SOLE   367,442 0 0
HESS MIDSTREAM PARTNERS LP UNIT LTD PR INT 428104103 636 32,596 SH   SOLE   0 0 32,596
HILL INTERNATIONAL INC COM 431466101 960 355,672 SH   SOLE   355,672 0 0
INFINERA CORPORATION COM 45667G103 972 333,990 SH   SOLE   298,930 0 35,060
INVACARE CORP COM 461203101 370 71,318 SH   SOLE   67,925 0 3,393
INVESTORS REAL ESTATE TR SH BEN INT 461730103 1,346 22,950 SH   SOLE   22,950 0 0
JAKKS PAC INC COM 47012E106 269 383,955 SH   SOLE   383,955 0 0
JETBLUE AIRWAYS CORP COM 477143101 2,626 142,005 SH   SOLE   142,005 0 0
JOHNSON & JOHNSON COM 478160104 217 1,558 SH   SOLE   0 0 1,558
KEY TRONIC CORP COM 493144109 283 56,919 SH   SOLE   0 0 56,919
KIMBELL RTY PARTNERS LP UNIT 49435R102 450 27,861 SH   SOLE   0 0 27,861
KNOWLES CORP COM 49926D109 1,763 96,285 SH   SOLE   96,285 0 0
LIMELIGHT NETWORKS INC COM 53261M104 773 286,400 SH   SOLE   286,400 0 0
LSI INDS INC COM 50216C108 1,478 404,837 SH   SOLE   404,837 0 0
LYDALL INC DEL COM 550819106 1,097 54,298 SH   SOLE   54,298 0 0
MANITEX INTL INC COM 563420108 1,270 207,815 SH   SOLE   207,815 0 0
METLIFE INC COM 59156R108 445 8,953 SH   SOLE   0 0 8,953
MFA FINL INC COM 55272X102 2,939 409,293 SH   SOLE   409,293 0 0
MGIC INVT CORP WIS COM 552848103 2,611 198,682 SH   SOLE   198,682 0 0
MICROSOFT CORP COM 594918104 670 5,005 SH   SOLE   0 0 5,005
MONDELEZ INTL INC CL A 609207105 255 4,740 SH   SOLE   0 0 4,740
MR COOPER GROUP INC COM 62482R107 3,035 378,944 SH   SOLE   378,944 0 0
NATIONAL WESTN LIFE INS CO CL A 638517102 4,500 17,510 SH   SOLE   17,510 0 0
NEWELL BRANDS INC COM 651229106 257 16,673 SH   SOLE   0 0 16,673
NOKIA CORP SPONSORED ADR 654902204 593 118,272 SH   SOLE   0 0 118,272
NUANCE COMMUNICATIONS INC COM 67020Y100 415 25,955 SH   SOLE   0 0 25,955
OAKTREE CAP GROUP LLC UNIT CL A 674001201 3,059 61,745 SH   SOLE   61,745 0 0
OFFICE DEPOT INC COM 676220106 2,387 1,158,881 SH   SOLE   1,158,881 0 0
ORION ENERGY SYSTEMS INC COM 686275108 363 122,130 SH   SOLE   122,130 0 0
OWENS ILL INC COM NEW 690768403 4,616 267,279 SH   SOLE   247,554 0 19,725
PATTERSON COMPANIES INC CALL 703395103 3,470 151,530 SH   SOLE   151,530 0 0
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 705 33,345 SH   SOLE   0 0 33,345
PFIZER INC COM 717081103 389 8,985 SH   SOLE   0 0 8,985
PROSHARES TR SHRT RUSSELL2000 74348A210 279 7,000 SH   SOLE   7,000 0 0
PURECYCLE CORP COM NEW 746228303 185 17,437 SH   SOLE   17,437 0 0
QUICKLOGIC CORP COM 74837P108 13 21,800 SH   SOLE   0 0 21,800
RED LION HOTELS CORP COM 756764106 420 59,042 SH   SOLE   0 0 59,042
SANMINA CORPORATION COM 801056102 2,817 93,045 SH   SOLE   93,045 0 0
SCHNITZER STL INDS CL A 806882106 1,488 56,866 SH   SOLE   56,866 0 0
SEABOARD CORP COM 811543107 3,069 742 SH   SOLE   742 0 0
SEACOR HOLDINGS INC COM 811904101 1,849 38,910 SH   SOLE   38,910 0 0
SEAWORLD ENTMT INC COM 81282V100 787 25,380 SH   SOLE   0 0 25,380
SOUTHWESTERN ENERGY CO COM 845467109 2,987 945,121 SH   SOLE   945,121 0 0
STEWART INFORMATION SVCS COR COM 860372101 2,478 61,208 SH   SOLE   61,208 0 0
SUPERIOR DRILLING PRODS INC COM 868153107 178 175,926 SH   SOLE   161,226 0 14,700
TECK RESOURCES LTD CL B 878742204 376 16,305 SH   SOLE   0 0 16,305
TETRA TECHNOLOGIES INC DEL COM 88162F105 998 611,988 SH   SOLE   611,988 0 0
THESTREET INC COM 88368Q103 196 32,000 SH   SOLE   32,000 0 0
TRAVELCENTERS OF AMER LLC COM 894174101 611 168,679 SH   SOLE   168,679 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 866 524,689 SH   SOLE   524,689 0 0
TRINITY INDS INC COM 896522109 274 13,221 SH   SOLE   0 0 13,221
TRIUMPH GROUP INC NEW COM 896818101 4,161 181,683 SH   SOLE   181,683 0 0
TRUSTCO BK CORP N Y COM 898349105 319 40,295 SH   SOLE   0 0 40,295
TYSON FOODS INC CL A 902494103 340 4,211 SH   SOLE   0 0 4,211
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 290 3,600 SH   SOLE   0 0 3,600
VERRA MOBILITY CORP COM 92511U102 765 58,420 SH   SOLE   0 0 58,420
VISHAY INTERTECHNOLOGY INC COM 928298108 1,431 86,611 SH   SOLE   86,611 0 0
VONAGE HLDGS CORP COM 92886T201 4,673 412,419 SH   SOLE   412,419 0 0
WESTLAKE CHEM PARTNERS LP COM UNIT RP LP 960417103 729 29,626 SH   SOLE   0 0 29,626