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
OSHKOSH CORP COM 688239201 2,027 19,800 SH   SOLE 0 19,740 0 60
OWENS & MINOR INC NEW COM 690732102 8,748 279,570 SH   SOLE 0 263,595 0 15,975
PACIRA BIOSCIENCES INC COM 695127100 11,809 210,877 SH   SOLE 0 198,617 0 12,260
PACWEST BANCORP DEL COM 695263103 12,686 279,920 SH   SOLE 0 262,570 0 17,350
PENNYMAC FINL SVCS INC NEW COM 70932M107 1,925 31,490 SH   SOLE 0 31,395 0 95
PHYSICIANS RLTY TR COM 71943U104 15,261 866,108 SH   SOLE 0 815,993 0 50,115
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 8,505 487,965 SH   SOLE 0 459,835 0 28,130
PLYMOUTH INDL REIT INC COM 729640102 10,243 450,240 SH   SOLE 0 424,895 0 25,345
PORTLAND GEN ELEC CO COM NEW 736508847 8,667 184,450 SH   SOLE 0 170,810 0 13,640
PREMIER INC CL A 74051N102 10,446 269,493 SH   SOLE 0 253,817 0 15,676
PULTE GROUP INC COM 745867101 1,904 41,465 SH   SOLE 0 41,340 0 125
RADIAN GROUP INC COM 750236101 10,857 477,844 SH   SOLE 0 449,939 0 27,905
RAMBUS INC DEL COM 750917106 10,816 487,186 SH   SOLE 0 459,076 0 28,110
RALPH LAUREN CORP CL A 751212101 1,860 16,755 SH   SOLE 0 16,705 0 50
RAYONIER INC COM 754907103 9,943 278,675 SH   SOLE 0 262,690 0 15,985
REGAL BELOIT CORP COM 758750103 2,613 17,380 SH   SOLE 0 17,340 0 40
REGIONS FINANCIAL CORP NEW COM 7591EP100 2,073 97,268 SH   SOLE 0 96,978 0 290
REXNORD CORP COM 76169B102 15,154 235,713 SH   SOLE 0 221,778 0 13,935
RYDER SYS INC COM 783549108 12,671 153,195 SH   SOLE 0 143,980 0 9,215
SPX CORP COM 784635104 6,588 123,247 SH   SOLE 0 114,092 0 9,155
SPS COMM INC COM 78463M107 212 1,315 SH   SOLE 0 1,150 0 165
SPX FLOW INC COM 78469X107 7,770 106,286 SH   SOLE 0 100,166 0 6,120
SEMTECH CORP COM 816850101 9,986 128,080 SH   SOLE 0 118,625 0 9,455
SMITH A O CORP COM 831865209 1,628 26,660 SH   SOLE 0 26,580 0 80
SOUTHSTATE CORPORATION COM 840441109 6,296 84,315 SH   SOLE 0 78,085 0 6,230
SOUTHSIDE BANCSHARES INC COM 84470P109 9,779 255,404 SH   SOLE 0 236,514 0 18,890
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 9,517 215,370 SH   SOLE 0 203,180 0 12,190
STAG INDL INC COM 85254J102 37 945 SH   SOLE 0 785 0 160
STERICYCLE INC COM 858912108 2,117 31,145 SH   SOLE 0 31,050 0 95
SUPERNUS PHARMACEUTICALS INC COM 868459108 8,832 331,140 SH   SOLE 0 311,420 0 19,720
SYNEOS HEALTH INC CL A 87166B102 35 405 SH   SOLE 0 335 0 70
TPG RE FIN TR INC COM 87266M107 9,018 728,412 SH   SOLE 0 686,222 0 42,190
A10 NETWORKS INC COM 002121101 2,055 152,450 SH   SOLE 0 150,675 0 1,775
ACUITY BRANDS INC COM 00508Y102 1,856 10,705 SH   SOLE 0 10,675 0 30
ADAPTHEALTH CORP COMMON STOCK 00653Q102 8,225 353,155 SH   SOLE 0 333,340 0 19,815
ALEXANDER & BALDWIN INC NEW COM 014491104 14,998 639,852 SH   SOLE 0 602,777 0 37,075
ALLEGHENY TECHNOLOGIES INC COM 01741R102 7,345 441,690 SH   SOLE 0 415,395 0 26,295
ALLIANT ENERGY CORP COM 018802108 3,830 68,411 SH   SOLE 0 68,206 0 205
ARCONIC CORPORATION COM 03966V107 7,405 234,785 SH   SOLE 0 221,175 0 13,610
ASTEC INDS INC COM 046224101 5,665 105,279 SH   SOLE 0 97,579 0 7,700
ATLANTIC UN BANKSHARES CORP COM 04911A107 8,048 218,405 SH   SOLE 0 202,250 0 16,155
AVANOS MED INC COM 05350V106 188 6,040 SH   SOLE 0 5,350 0 690
AVIENT CORPORATION COM 05368V106 10,064 217,130 SH   SOLE 0 204,670 0 12,460
BANCORPSOUTH BK TUPELO MISS COM 05971J102 13,910 467,090 SH   SOLE 0 432,490 0 34,600
BANC OF CALIFORNIA INC COM 05990K106 6,323 341,970 SH   SOLE 0 316,680 0 25,290
BELDEN INC COM 077454106 6,129 105,205 SH   SOLE 0 97,445 0 7,760
BLACK HILLS CORP COM 092113109 11,102 176,890 SH   SOLE 0 163,825 0 13,065
BLACKBAUD INC COM 09227Q100 11,555 164,246 SH   SOLE 0 154,676 0 9,570
FIRST FNDTN INC COM 32026V104 8,338 317,030 SH   SOLE 0 293,585 0 23,445
FIRST HORIZON CORPORATION COM 320517105 2,106 129,275 SH   SOLE 0 128,885 0 390
FLOWSERVE CORP COM 34354P105 1,996 57,560 SH   SOLE 0 57,385 0 175
FOUR CORNERS PPTY TR INC COM 35086T109 12,363 460,282 SH   SOLE 0 433,572 0 26,710
TENET HEALTHCARE CORP COM NEW 88033G407 9,181 138,180 SH   SOLE 0 129,865 0 8,315
TEREX CORP NEW COM 880779103 9,113 216,460 SH   SOLE 0 203,215 0 13,245
TRICO BANCSHARES COM 896095106 8,548 196,969 SH   SOLE 0 182,399 0 14,570
UNITED THERAPEUTICS CORP DEL COM 91307C102 2,453 13,290 SH   SOLE 0 13,250 0 40
CMS ENERGY CORP COM 125896100 2,724 45,600 SH   SOLE 0 45,465 0 135
CALIX INC COM 13100M509 2,023 40,925 SH   SOLE 0 40,800 0 125
CAMECO CORP COM 13321L108 2,603 119,775 SH   SOLE 0 119,420 0 355
CASEYS GEN STORES INC COM 147528103 1,704 9,040 SH   SOLE 0 9,013 0 27
CENTRAL GARDEN & PET CO COM 153527106 7,746 161,384 SH   SOLE 0 149,619 0 11,765
CHAMPIONX CORPORATION COM 15872M104 10,979 491,025 SH   SOLE 0 462,430 0 28,595
CIENA CORP COM NEW 171779309 1,728 33,655 SH   SOLE 0 33,555 0 100
COVETRUS INC COM 22304C100 7,539 415,615 SH   SOLE 0 390,805 0 24,810
CROWN HLDGS INC COM 228368106 2,100 20,835 SH   SOLE 0 20,775 0 60
DANA INC COM 235825205 7,162 322,015 SH   SOLE 0 298,265 0 23,750
DARLING INGREDIENTS INC COM 237266101 1,998 27,795 SH   SOLE 0 27,710 0 85
DECKERS OUTDOOR CORP COM 243537107 2,039 5,660 SH   SOLE 0 5,645 0 15
DENBURY INC COM 24790A101 10,169 144,755 SH   SOLE 0 135,865 0 8,890
DIAMONDROCK HOSPITALITY CO COM 252784301 12,978 1,373,355 SH   SOLE 0 1,293,955 0 79,400
GENTEX CORP COM 371901109 2,497 75,725 SH   SOLE 0 75,495 0 230
GREEN PLAINS INC COM 393222104 8,450 258,810 SH   SOLE 0 239,905 0 18,905
HARSCO CORP COM 415864107 5,632 332,297 SH   SOLE 0 307,682 0 24,615
HECLA MNG CO COM 422704106 6,656 1,210,115 SH   SOLE 0 1,120,505 0 89,610
HOWARD HUGHES CORP COM 44267D107 10,493 119,500 SH   SOLE 0 112,835 0 6,665
HUB GROUP INC CL A 443320106 10,059 146,307 SH   SOLE 0 137,707 0 8,600
HUNTINGTON BANCSHARES INC COM 446150104 1,967 127,260 SH   SOLE 0 127,260 0 0
ITT INC COM 45073V108 1,758 20,475 SH   SOLE 0 20,415 0 60
INDEPENDENCE RLTY TR INC COM 45378A106 217 10,675 SH   SOLE 0 9,455 0 1,220
INGERSOLL RAND INC COM 45687V106 1,945 38,575 SH   SOLE 0 38,460 0 115
ISHARES TR CORE S&P500 ETF 464287200 1,867 4,333 SH   SOLE 0 4,333 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 363 4,208 SH   SOLE   0 0 4,208
ISHARES TR RUS 2000 VAL ETF 464287630 26 160 SH   SOLE 0 160 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 31 140 SH   SOLE 0 140 0 0
ISHARES TR ISHS 1-5YR INVS 464288646 485 8,876 SH   SOLE   0 0 8,876
J2 GLOBAL INC COM 48123V102 10,502 76,870 SH   SOLE 0 72,615 0 4,255
KB HOME COM 48666K109 5,987 153,829 SH   SOLE 0 142,374 0 11,455
KEMPER CORP COM 488401100 10,964 164,153 SH   SOLE 0 154,688 0 9,465
KIRBY CORP COM 497266106 7,851 163,690 SH   SOLE 0 154,190 0 9,500
KONTOOR BRANDS INC COM 50050N103 5,680 113,715 SH   SOLE 0 105,290 0 8,425
VAIL RESORTS INC COM 91879Q109 2,480 7,423 SH   SOLE 0 7,403 0 20
VANGUARD ADMIRAL FDS INC MIDCP 400 IDX 921932885 3,129 17,565 SH   SOLE   17,565 0 0
VANGUARD TAX-MANAGED INTL FD FTSE DEV MKT ETF 921943858 7,946 157,375 SH   SOLE   157,375 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 2,577 51,520 SH   SOLE   51,520 0 0
VANGUARD SCOTTSDALE FDS VNG RUS1000VAL 92206C714 8,087 117,698 SH   SOLE   117,698 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 40,291 102,157 SH   SOLE   102,157 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 566 5,560 SH   SOLE   0 0 5,560
VANGUARD INDEX FDS MID CAP ETF 922908629 4,753 20,075 SH   SOLE   20,075 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 2,186 9,995 SH   SOLE   9,995 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 576 26,365 SH   SOLE 0 26,365 0 0
WASHINGTON FED INC COM 938824109 14,971 436,345 SH   SOLE 0 411,065 0 25,280
WEBSTER FINL CORP CONN COM 947890109 2,243 41,195 SH   SOLE 0 41,070 0 125
WESTERN ALLIANCE BANCORP COM 957638109 1,823 16,750 SH   SOLE 0 16,750 0 0
WINTRUST FINL CORP COM 97650W108 8,369 104,133 SH   SOLE 0 96,538 0 7,595
WYNDHAM HOTELS & RESORTS INC COM 98311A105 410 5,310 SH   SOLE 0 4,857 0 453
ZUMIEZ INC COM 989817101 8,064 202,823 SH   SOLE 0 187,778 0 15,045
ARGO GROUP INTL HLDGS LTD COM G0464B107 10,869 208,137 SH   SOLE 0 195,752 0 12,385
BUNGE LIMITED COM G16962105 1,989 24,455 SH   SOLE 0 24,380 0 75
CAMBIUM NETWORKS CORP SHS G17766109 6,299 174,060 SH   SOLE 0 161,190 0 12,870
HELEN OF TROY LTD COM G4388N106 8,724 38,828 SH   SOLE 0 35,953 0 2,875
TEXTAINER GROUP HOLDINGS LTD SHS G8766E109 9,149 262,070 SH   SOLE 0 242,630 0 19,440
TRONOX HOLDINGS PLC SHS G9087Q102 6,857 278,180 SH   SOLE 0 257,715 0 20,465
COPA HOLDINGS SA CL A P31076105 9,507 116,820 SH   SOLE 0 110,040 0 6,780
EQT CORP COM 26884L109 8,898 434,875 SH   SOLE 0 407,845 0 27,030
ENERGY RECOVERY INC COM 29270J100 8,023 421,615 SH   SOLE 0 397,125 0 24,490
ENTERPRISE FINL SVCS CORP COM 293712105 10,175 224,712 SH   SOLE 0 210,907 0 13,805
EVERI HLDGS INC COM 30034T103 11,875 491,114 SH   SOLE 0 463,089 0 28,025
LANTHEUS HLDGS INC COM 516544103 7,880 306,846 SH   SOLE 0 284,466 0 22,380
LEXINGTON REALTY TRUST COM 529043101 167 13,060 SH   SOLE 0 11,560 0 1,500
LIGAND PHARMACEUTICALS INC COM NEW 53220K504 12,136 87,110 SH   SOLE 0 81,830 0 5,280
LIQUIDITY SVCS INC COM 53635B107 8,173 378,210 SH   SOLE 0 350,135 0 28,075
MKS INSTRS INC COM 55306N104 1,878 12,445 SH   SOLE 0 12,410 0 35
MANPOWERGROUP INC WIS COM 56418H100 10,633 98,195 SH   SOLE 0 92,555 0 5,640
MARRIOTT VACATIONS WORLDWIDE COM 57164Y107 11,172 71,010 SH   SOLE 0 66,575 0 4,435
MEDNAX INC COM 58502B106 315 11,080 SH   SOLE 0 10,165 0 915
MOLINA HEALTHCARE INC COM 60855R100 2,645 9,750 SH   SOLE 0 9,720 0 30
MOSAIC CO NEW COM 61945C103 2,036 57,000 SH   SOLE 0 56,830 0 170
NATIONAL INSTRS CORP COM 636518102 8,148 207,700 SH   SOLE 0 195,635 0 12,065
NEXSTAR MEDIA GROUP INC CL A 65336K103 10,616 69,860 SH   SOLE 0 65,830 0 4,030
NEXPOINT RESIDENTIAL TR INC COM 65341D102 6,332 102,326 SH   SOLE 0 94,856 0 7,470
OLLIES BARGAIN OUTLET HLDGS COM 681116109 1,699 28,179 SH   SOLE 0 28,099 0 80
ONE GAS INC COM 68235P108 9,242 145,845 SH   SOLE 0 135,070 0 10,775