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 804 81,546 SH   SOLE   80,546 0 1,000
ABBOTT LABS COM 002824100 342 3,125 SH   SOLE   0 0 3,125
ABBVIE INC COM 00287Y109 203 1,890 SH   SOLE   0 0 1,890
ACCURAY INC COM 004397105 918 220,248 SH   SOLE   220,248 0 0
ADTRAN INC COM 00738A106 2,054 139,098 SH   SOLE   139,098 0 0
ALLETE INC COM NEW 018522300 1,291 20,847 SH   SOLE   20,747 0 100
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 2,239 155,088 SH   SOLE   155,088 0 0
AMER SOFTWARE INC CL A 029683109 827 48,160 SH   SOLE   0 0 48,160
APPLE INC COM 037833100 208 1,570 SH   SOLE   0 0 1,570
ARCHER DANIELS MIDLAND CO COM 039483102 842 16,698 SH   SOLE   0 0 16,698
ARDMORE SHIPPING CORP COM Y0207T100 1,243 380,272 SH   SOLE   380,272 0 0
AT&T INC COM 00206R102 340 11,831 SH   SOLE   0 0 11,831
BARNES GROUP INC COM 067806109 769 15,166 SH   SOLE   0 0 15,166
BOSTON SCIENTIFIC CORP COM 101137107 331 9,205 SH   SOLE   0 0 9,205
BRIXMOR PPTY GROUP INC COM 11120U105 1,254 75,800 SH   SOLE   41,300 0 34,500
CABOT OIL & GAS CORP COM 127097103 1,188 72,950 SH   SOLE   72,600 0 350
CDK GLOBAL INC COM 125O8E101 748 14,440 SH   SOLE   0 0 14,440
CELESTICA INC SUB VTG SHS 15101Q108 1,552 192,349 SH   SOLE   192,349 0 0
CHANGE HEALTHCARE INC COM 15912K100 878 47,065 SH   SOLE   0 0 47,065
CNB FINL CORP PA COM 126128107 886 41,604 SH   SOLE   0 0 41,604
CNO FINL GROUP INC COM 12621E103 1,812 81,521 SH   SOLE   81,521 0 0
COCA COLA EUROPEAN PARTNERS SHS G25839104 320 6,425 SH   SOLE   0 0 6,425
COMPASS DIVERSIFIED SH BEN INT 20451Q104 810 41,622 SH   SOLE   0 0 41,622
CONCRETE PUMPING HLDGS INC COM 206704108 132 34,474 SH   SOLE   0 0 34,474
CONDUENT INC COM 206787103 2,534 527,977 SH   SOLE   527,977 0 0
CONSOLIDATED EDISON INC COM 209115104 300 4,145 SH   SOLE   0 0 4,145
CORNING INC COM 219350105 487 13,525 SH   SOLE   0 0 13,525
COVANTA HLDG CORP COM 22282E102 1,774 135,121 SH   SOLE   135,121 0 0
DENNYS CORP COM 24869P104 853 58,125 SH   SOLE   0 0 58,125
DOMINION ENERGY INC COM 25746U109 933 12,408 SH   SOLE   0 0 12,408
EMCORE CORP COM NEW 290846203 416 76,317 SH   SOLE   75,417 0 900
EXELON CORP COM 30161N101 377 8,920 SH   SOLE   0 0 8,920
GENERAL ELECTRIC CO COM 369604103 213 19,731 SH   SOLE   0 0 19,731
GENWORTH FINL INC COM CL A 37247D106 1,386 366,773 SH   SOLE   243,403 0 123,370
GRAFTECH INTL LTD COM 384313508 1,301 122,077 SH   SOLE   122,077 0 0
GRAY TELEVISION INC COM 389375106 137 7,637 SH   SOLE   7,637 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 402 8,200 SH   SOLE   0 0 8,200
HARVARD BIOSCIENCE INC COM 416906105 544 126,694 SH   SOLE   126,694 0 0
HILL INTL INC COM 431466101 710 369,817 SH   SOLE   369,817 0 0
INFINERA CORP COM 45667G103 1,978 188,716 SH   SOLE   153,656 0 35,060
INGLES MKTS INC CL A 457030104 939 22,000 SH   SOLE   22,000 0 0
KNOWLES CORP COM 49926D109 879 47,709 SH   SOLE   47,709 0 0
LAZARD LTD SHS A G54050102 1,634 38,639 SH   SOLE   20,638 0 18,001
LIMELIGHT NETWORKS INC COM 53261M104 589 147,575 SH   SOLE   147,575 0 0
LSI INDS INC COM 50216C108 1,944 227,060 SH   SOLE   227,060 0 0
MANITEX INTL INC COM 563420108 381 73,928 SH   SOLE   73,928 0 0
MATRIX SVC CO COM 576853105 944 85,627 SH   SOLE   85,627 0 0
METLIFE INC COM 59156R108 415 8,838 SH   SOLE   0 0 8,838
MGIC INVT CORP WIS COM 552848103 1,259 100,333 SH   SOLE   100,333 0 0
MICROSOFT CORP COM 594918104 427 1,919 SH   SOLE   0 0 1,919
MOLSON COORS BEVERAGE CO CL B 60871R209 820 18,145 SH   SOLE   0 0 18,145
MR COOPER GROUP INC COM 62482R107 458 14,774 SH   SOLE   14,774 0 0
MYERS INDS INC COM 628464109 279 13,450 SH   SOLE   13,450 0 0
NATIONAL WESTN LIFE GROUP IN CL A 638517102 1,691 8,191 SH   SOLE   8,191 0 0
NOKIA CORP SPONSORED ADR 654902204 203 51,930 SH   SOLE   0 0 51,930
O-I GLASS INC COM 67098H104 397 33,362 SH   SOLE   32,697 0 665
OLD REP INTL CORP COM 680223104 670 34,000 SH   SOLE   34,000 0 0
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 214 23,362 SH   SOLE   0 0 23,362
PFIZER INC COM 717081103 330 8,975 SH   SOLE   0 0 8,975
PHOTRONICS INC COM 719405102 1,041 93,258 SH   SOLE   93,258 0 0
PQ GROUP HLDGS INC COM 73943T103 743 52,080 SH   SOLE   0 0 52,080
PURE CYCLE CORP COM NEW 746228303 58 5,200 SH   SOLE   5,200 0 0
QUANTUM CORP COM NEW 747906501 554 90,590 SH   SOLE   0 0 90,590
RALPH LAUREN CORP CL A 751212101 728 7,015 SH   SOLE   0 0 7,015
SANMINA CORPORATION COM 801056102 1,288 40,393 SH   SOLE   40,393 0 0
SEABOARD CORP DEL COM 811543107 834 275 SH   SOLE   275 0 0
SEACOR HOLDINGS INC COM 811904101 1,406 33,915 SH   SOLE   33,915 0 0
SP PLUS CORP COM 78469C103 200 6,943 SH   SOLE   0 0 6,943
STEWART INFORMATION SVCS COR COM 860372101 1,306 27,000 SH   SOLE   27,000 0 0
TECK RESOURCES LTD CL B 878742204 276 15,220 SH   SOLE   0 0 15,220
THE ODP CORP COM 88337F105 2,199 75,067 SH   SOLE   42,070 0 32,997
THIRD PT REINS LTD COM G8827U100 1,710 179,643 SH   SOLE   179,643 0 0
TIPTREE INC COM 88822Q103 299 59,599 SH   SOLE   59,599 0 0
TRINITY INDS INC COM 896522109 354 13,413 SH   SOLE   0 0 13,413
TRUSTCO BK CORP N Y COM 898349105 240 35,960 SH   SOLE   0 0 35,960
UNDER ARMOUR INC CL A 904311107 1,700 99,004 SH   SOLE   60,794 0 38,210
UNISYS CORP COM NEW 909214306 3,364 170,945 SH   SOLE   114,003 0 56,942
VISHAY INTERTECHNOLOGY INC COM 928298108 433 20,896 SH   SOLE   0 0 20,896
VISTA OUTDOOR INC COM 928377100 1,261 53,052 SH   SOLE   51,352 0 1,700
VONAGE HLDGS CORP COM 92886T201 1,585 123,094 SH   SOLE   84,241 0 38,853
WESTLAKE CHEM PARTNERS LP COM UNIT RP LP 960417103 695 29,149 SH   SOLE   0 0 29,149