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 995 103,546 SH   SOLE   102,546 0 1,000
ABBOTT LABS COM 002824100 375 3,125 SH   SOLE   0 0 3,125
ABBVIE INC COM 00287Y109 205 1,890 SH   SOLE   0 0 1,890
ACCURAY INC COM 004397105 1,090 220,248 SH   SOLE   220,248 0 0
ADTRAN INC COM 00738A106 2,108 126,398 SH   SOLE   126,398 0 0
ALCOA CORP COM 013872106 204 6,293 SH   SOLE   0 0 6,293
ALLETE INC COM NEW 018522300 1,401 20,847 SH   SOLE   20,747 0 100
ALLSCRIPTS HEALTHCARE SOLUTN COM 01988P108 1,849 123,148 SH   SOLE   123,148 0 0
AMER SOFTWARE INC CL A 029683109 496 23,966 SH   SOLE   0 0 23,966
ANTERO RESOURCES CORP COM 03674X106 877 85,990 SH   SOLE   79,600 0 6,390
ARCHER DANIELS MIDLAND CO COM 039483102 979 17,175 SH   SOLE   0 0 17,175
ARDMORE SHIPPING CORP COM Y0207T100 1,726 380,272 SH   SOLE   380,272 0 0
AT&T INC COM 00206R102 358 11,831 SH   SOLE   0 0 11,831
BARNES GROUP INC COM 067806109 750 15,136 SH   SOLE   0 0 15,136
BOSTON SCIENTIFIC CORP COM 101137107 356 9,205 SH   SOLE   0 0 9,205
BRIXMOR PPTY GROUP INC COM 11120U105 1,421 70,238 SH   SOLE   35,900 0 34,338
CABOT OIL & GAS CORP COM 127097103 1,548 82,450 SH   SOLE   82,100 0 350
CAL MAINE FOODS INC COM NEW 128030202 426 11,100 SH   SOLE   11,100 0 0
CDK GLOBAL INC COM 125O8E101 807 14,936 SH   SOLE   0 0 14,936
CELESTICA INC SUB VTG SHS 15101Q108 1,792 214,149 SH   SOLE   214,149 0 0
CHANGE HEALTHCARE INC COM 15912K100 316 14,310 SH   SOLE   0 0 14,310
CISCO SYS INC COM 17275R102 950 18,380 SH   SOLE   0 0 18,380
CNB FINL CORP PA COM 126128107 513 20,849 SH   SOLE   0 0 20,849
CNO FINL GROUP INC COM 12621E103 2,089 86,021 SH   SOLE   86,021 0 0
COCA COLA CO COM 191216100 812 15,400 SH   SOLE   0 0 15,400
COCA COLA EUROPEAN PARTNERS SHS G25839104 335 6,425 SH   SOLE   0 0 6,425
COGNYTE SOFTWARE LTD ORD SHS M25133105 698 25,110 SH   SOLE   0 0 25,110
COMPASS DIVERSIFIED SH BEN INT 20451Q104 964 41,634 SH   SOLE   0 0 41,634
CONDUENT INC COM 206787103 3,488 523,689 SH   SOLE   408,277 0 115,412
CONOCOPHILLIPS COM 20825C104 846 15,978 SH   SOLE   0 0 15,978
CONSOLIDATED EDISON INC COM 209115104 310 4,145 SH   SOLE   0 0 4,145
CORNING INC COM 219350105 588 13,523 SH   SOLE   0 0 13,523
COVANTA HLDG CORP COM 22282E102 1,896 136,821 SH   SOLE   136,821 0 0
DENNYS CORP COM 24869P104 1,051 58,055 SH   SOLE   0 0 58,055
DINE BRANDS GLOBAL INC COM 254423106 235 2,610 SH   SOLE   0 0 2,610
DOMINION ENERGY INC COM 25746U109 969 12,760 SH   SOLE   0 0 12,760
EMCORE CORP COM NEW 290846203 414 75,867 SH   SOLE   75,417 0 450
EXELON CORP COM 30161N101 390 8,920 SH   SOLE   0 0 8,920
EZCORP INC CL A NON VTG 302301106 166 33,400 SH   SOLE   33,400 0 0
GENERAL ELECTRIC CO COM 369604103 262 19,957 SH   SOLE   0 0 19,957
GENWORTH FINL INC COM CL A 37247D106 1,228 369,873 SH   SOLE   246,403 0 123,470
GRAFTECH INTL LTD COM 384313508 1,765 144,277 SH   SOLE   144,277 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 548 8,200 SH   SOLE   0 0 8,200
HARVARD BIOSCIENCE INC COM 416906105 737 135,031 SH   SOLE   135,031 0 0
HILL INTL INC COM 431466101 1,299 405,896 SH   SOLE   405,896 0 0
HOSTESS BRANDS INC CL A 44109J106 542 37,806 SH   SOLE   37,556 0 250
HUNTSMAN CORP COM 447011107 220 7,641 SH   SOLE   0 0 7,641
INFINERA CORP COM 45667G103 1,817 188,716 SH   SOLE   153,656 0 35,060
INGLES MKTS INC CL A 457030104 1,356 22,000 SH   SOLE   22,000 0 0
KNOWLES CORP COM 49926D109 998 47,709 SH   SOLE   47,709 0 0
LANDCADIA HOLDINGS III INC COM CL A 51476H100 877 87,590 SH   SOLE   15,900 0 71,690
LAZARD LTD SHS A G54050102 1,707 39,237 SH   SOLE   20,638 0 18,599
LSI INDS INC COM 50216C108 1,878 220,106 SH   SOLE   220,106 0 0
MANITEX INTL INC COM 563420108 683 86,511 SH   SOLE   86,511 0 0
MATRIX SVC CO COM 576853105 1,246 95,058 SH   SOLE   95,058 0 0
METLIFE INC COM 59156R108 537 8,828 SH   SOLE   0 0 8,828
MGIC INVT CORP WIS COM 552848103 1,464 105,733 SH   SOLE   105,733 0 0
MICROSOFT CORP COM 594918104 449 1,905 SH   SOLE   0 0 1,905
MOLSON COORS BEVERAGE CO CL B 60871R209 954 18,645 SH   SOLE   0 0 18,645
MYERS INDS INC COM 628464109 266 13,450 SH   SOLE   13,450 0 0
NATIONAL WESTN LIFE GROUP IN CL A 638517102 2,040 8,191 SH   SOLE   8,191 0 0
NOKIA CORP SPONSORED ADR 654902204 209 52,680 SH   SOLE   0 0 52,680
O-I GLASS INC COM 67098H104 1,370 92,951 SH   SOLE   92,286 0 665
OLD REP INTL CORP COM 680223104 743 34,000 SH   SOLE   34,000 0 0
PACTIV EVERGREEN INC COM 69526K105 593 43,132 SH   SOLE   43,132 0 0
GREAT WESTN NATL BK PORTLAND COM 695263103 906 23,742 SH   SOLE   0 0 23,742
PBF LOGISTICS LP UNIT LTD PTNR 69318Q104 344 23,376 SH   SOLE   0 0 23,376
PFIZER INC COM 717081103 327 9,025 SH   SOLE   0 0 9,025
PHOTRONICS INC COM 719405102 1,199 93,258 SH   SOLE   93,258 0 0
PQ GROUP HLDGS INC COM 73943T103 870 52,080 SH   SOLE   0 0 52,080
PURE CYCLE CORP COM NEW 746228303 256 19,086 SH   SOLE   19,086 0 0
QUANTUM CORP COM NEW 747906501 755 90,590 SH   SOLE   0 0 90,590
RALPH LAUREN CORP CL A 751212101 864 7,015 SH   SOLE   0 0 7,015
SANMINA CORPORATION COM 801056102 717 17,328 SH   SOLE   17,328 0 0
SEABOARD CORP DEL COM 811543107 782 212 SH   SOLE   212 0 0
SEACOR HOLDINGS INC COM 811904101 387 9,500 SH   SOLE   9,500 0 0
SIRIUSPOINT LTD COM G8192H106 1,850 181,931 SH   SOLE   181,381 0 550
SP PLUS CORP COM 78469C103 226 6,904 SH   SOLE   0 0 6,904
STEWART INFORMATION SVCS COR COM 860372101 1,150 22,096 SH   SOLE   22,096 0 0
TECK RESOURCES LTD CL B 878742204 293 15,290 SH   SOLE   0 0 15,290
TIPTREE INC COM 88822Q103 845 94,423 SH   SOLE   94,423 0 0
TRUSTCO BK CORP N Y COM 898349105 1,037 140,759 SH   SOLE   104,799 0 35,960
TYSON FOODS INC CL A 902494103 1,003 13,501 SH   SOLE   0 0 13,501
UNDER ARMOUR INC CL A 904311107 1,410 63,627 SH   SOLE   41,500 0 22,127
UNISYS CORP COM NEW 909214306 2,537 99,803 SH   SOLE   86,403 0 13,400
VISHAY INTERTECHNOLOGY INC COM 928298108 502 20,832 SH   SOLE   0 0 20,832
VISTA OUTDOOR INC COM 928377100 356 11,100 SH   SOLE   10,700 0 400
VONAGE HLDGS CORP COM 92886T201 1,452 122,883 SH   SOLE   84,241 0 38,642
WESTLAKE CHEM PARTNERS LP COM UNIT RP LP 960417103 701 29,190 SH   SOLE   0 0 29,190
WILLIAMS INDL SVCS GROUP INC COM 96951A104 1,253 360,014 SH   SOLE   360,014 0 0