The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
|
||||||||||||||||
| 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 |
| Air Transport Services Group, | COM | 00922R105 | 23,345 | 1,071,860 | SH | DFND | 297,838 | 774,022 | 0 | ||
| Alere, Inc. | COM | 01449J105 | 36,953 | 736,260 | SH | DFND | 183,675 | 552,585 | 0 | ||
| Allergan PLC | COM | G0177J108 | 35,698 | 146,853 | SH | DFND | 34,531 | 112,322 | 0 | ||
| Avid Technology, Inc. | COM | 05367P100 | 3,838 | 729,715 | SH | DFND | 128,540 | 601,175 | 0 | ||
| CA Technologies | COM | 12673P105 | 13,376 | 388,035 | SH | DFND | 68,484 | 319,551 | 0 | ||
| CBIZ, Inc. | COM | 124805102 | 8,829 | 588,621 | SH | DFND | 184,630 | 403,991 | 0 | ||
| CSW Industrials Inc. | COM | 126402106 | 752 | 19,445 | SH | DFND | 1,680 | 17,765 | 0 | ||
| Caesarstone Ltd. | COM | M20598104 | 4,729 | 134,930 | SH | DFND | 32,195 | 102,735 | 0 | ||
| Carrols Restaurant Group, Inc. | COM | 14574X104 | 14,866 | 1,213,560 | SH | DFND | 409,102 | 804,458 | 0 | ||
| Celanese Corp. | COM | 150870103 | 15,343 | 161,605 | SH | DFND | 23,330 | 138,275 | 0 | ||
| Charter Financial Corp. | COM | 16122W108 | 14,083 | 782,415 | SH | DFND | 200,276 | 582,139 | 0 | ||
| Dirtt Environmental Solutions | COM | 25490H106 | 2,180 | 414,900 | SH | DFND | 0 | 414,900 | 0 | ||
| Everi Holdings, Inc. | COM | 30034T103 | 24,651 | 3,386,108 | SH | DFND | 814,571 | 2,571,537 | 0 | ||
| Fiesta Restaurant Group, Inc. | COM | 31660B101 | 15,164 | 734,353 | SH | DFND | 139,119 | 595,234 | 0 | ||
| First Defiance Financial Corp. | COM | 32006W106 | 502 | 9,537 | SH | DFND | 0 | 9,537 | 0 | ||
| First Northwest Bancorp | COM | 335834107 | 2,001 | 126,858 | SH | DFND | 0 | 126,858 | 0 | ||
| First South Bancorp Inc. | COM | 33646W100 | 379 | 22,899 | SH | DFND | 3,425 | 19,474 | 0 | ||
| Fogo de Chao, Inc. | COM | 344177100 | 13,516 | 972,388 | SH | DFND | 183,149 | 789,239 | 0 | ||
| Gildan Activewear, Inc. | COM | 375916103 | 25,751 | 837,984 | SH | DFND | 184,040 | 653,944 | 0 | ||
| Glassbridge Enterprises Inc. | COM | 377185103 | 751 | 189,728 | SH | DFND | 10,920 | 178,808 | 0 | ||
| Golar LNG Limited | COM | G9456A100 | 4,493 | 201,913 | SH | DFND | 21,315 | 180,598 | 0 | ||
| INTL FCStone, Inc. | COM | 46116V105 | 28,400 | 752,116 | SH | DFND | 184,936 | 567,180 | 0 | ||
| Information Services Group | COM | 45675Y104 | 6,929 | 1,685,848 | SH | DFND | 516,750 | 1,169,098 | 0 | ||
| Jamba, Inc. | COM | 47023A309 | 6,396 | 821,001 | SH | DFND | 340,737 | 480,264 | 0 | ||
| KKR & Co. L.P. | COM | 48248M102 | 35,753 | 1,922,196 | SH | DFND | 525,805 | 1,396,391 | 0 | ||
| National Fuel Gas Co. | COM | 636180101 | 24,150 | 432,485 | SH | DFND | 102,665 | 329,820 | 0 | ||
| Northrim BanCorp, Inc. | COM | 666762109 | 3,899 | 128,248 | SH | DFND | 26,200 | 102,048 | 0 | ||
| OceanFirst Financial Corp. | COM | 675234108 | 10,844 | 399,851 | SH | DFND | 98,399 | 301,452 | 0 | ||
| Old National Bancorp | COM | 680033107 | 4,387 | 254,347 | SH | DFND | 42,560 | 211,787 | 0 | ||
| Oppenheimer Holdings, Inc. | COM | 683797104 | 6,140 | 374,390 | SH | DFND | 128,334 | 246,056 | 0 | ||
| Peoples United Financial Inc. | COM | 712704105 | 1,908 | 108,020 | SH | DFND | 30,972 | 77,048 | 0 | ||
| Pope Resources Limited | COM | 732857107 | 4,160 | 56,180 | SH | DFND | 18,400 | 37,780 | 0 | ||
| Quantum Corp. | COM | 747906501 | 12,768 | 1,634,790 | SH | DFND | 457,414 | 1,177,376 | 0 | ||
| QuinStreet, Inc. | COM | 74874Q100 | 22,719 | 5,448,179 | SH | DFND | 1,592,378 | 3,855,801 | 0 | ||
| Raymond James Financial, Inc. | COM | 754730109 | 18,802 | 234,383 | SH | DFND | 47,025 | 187,358 | 0 | ||
| Real Industry, Inc. | COM | 75601W104 | 3,520 | 1,213,885 | SH | DFND | 529,170 | 684,715 | 0 | ||
| SpartanNash Co. | COM | 847215100 | 20,440 | 787,364 | SH | DFND | 192,078 | 595,286 | 0 | ||
| State Bank Financial Corp. | COM | 856190103 | 18,006 | 663,948 | SH | DFND | 145,525 | 518,423 | 0 | ||
| Stoneridge, Inc. | COM | 86183P102 | 7,685 | 498,728 | SH | DFND | 249,392 | 249,336 | 0 | ||
| Synovus Financial Corp. | COM | 87161C501 | 11,548 | 261,032 | SH | DFND | 51,765 | 209,267 | 0 | ||
| Tronox Limited | COM | Q9235V101 | 29,488 | 1,950,239 | SH | DFND | 518,185 | 1,432,054 | 0 | ||
| Universal Health Services, Inc | COM | 913903100 | 13,138 | 107,620 | SH | DFND | 26,582 | 81,038 | 0 | ||
| Valley National Bancorp | COM | 919794107 | 5,788 | 490,099 | SH | DFND | 76,639 | 413,460 | 0 | ||
| Vasco Data Security Intl. | COM | 92230Y104 | 13,668 | 952,465 | SH | DFND | 223,936 | 728,529 | 0 | ||
| Visteon Corp. | COM | 92839U206 | 35,708 | 349,877 | SH | DFND | 91,000 | 258,877 | 0 | ||
| Zimmer Biomet Holdings, Inc. | COM | 98956P102 | 12,190 | 94,939 | SH | DFND | 19,380 | 75,559 | 0 | ||
| iShares Russell 2000 Index | COM | 464287655 | 395 | 2,800 | SH | DFND | 2,800 | 0 | 0 | ||
| Alere, Inc Perp Pfd Conv Ser B | PFD | 01449J204 | 1,673 | 4,258 | SH | DFND | 3,257 | 1,001 | 0 | ||