Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TYL	TYLER TECHNOLOGIES INC	71,750	$6.343M	3.0%	$64.83	+39.2%	COM	902252105
—	STERICYCLE INC	45,850	$5.344M	2.5%	$110.42	—	COM	858912108
—	TRIANGLE PETE CORP	444,950	$4.899M	2.3%	$7.01	—	COM NEW	89600B201
EPM	EVOLUTION PETROLEUM CORP	490,175	$4.5M	2.1%	$5.20	+2.4%	COM	30049A107
—	SPARTON CORP	161,225	$3.974M	1.9%	$17.24	—	COM	847235108
—	TARGA RESOURCES PARTNERS LP	53,965	$3.904M	1.8%	$50.45	—	COM UNIT	87611X105
WLDN	WILLDAN GROUP INC	266,144	$3.848M	1.8%	$2.63	+296.4%	COM	96924N100
CSV	CARRIAGE SVCS INC	214,727	$3.721M	1.7%	$15.84	-3.1%	COM	143905107
—	TEAM INC	96,095	$3.643M	1.7%	$37.85	—	COM	878155100
—	HI-CRUSH PARTNERS LP	69,625	$3.59M	1.7%	$25.55	—	COM UNIT LTD	428337109
BCPC	BALCHEM CORP	60,319	$3.412M	1.6%	$41.81	+19.7%	COM	057665200
USPH	U S PHYSICAL THERAPY INC	95,073	$3.365M	1.6%	$26.44	+33.7%	COM	90337L108
TGEN	TECOGEN INC NEW	579,300	$3.244M	1.5%	$8.38	-27.9%	COM NEW	87876P201
—	II VI INC	258,144	$3.038M	1.4%	$16.26	—	COM	902104108
PBA	PEMBINA PIPELINE CORP	69,750	$2.939M	1.4%	$24.32	0.0%	COM	706327103
—	CORENERGY INFRASTRUCTURE TR	380,185	$2.844M	1.3%	$6.97	—	COM	21870U205
ACU	ACME UTD CORP	169,568	$2.822M	1.3%	$9.86	+36.7%	COM	004816104
—	TORTOISE MLP FD INC	95,162	$2.764M	1.3%	$29.22	—	COM	89148B101
—	ROYCE MICRO-CAP TR INC	221,949	$2.612M	1.2%	$10.81	—	COM	780915104
ENSG	ENSIGN GROUP INC	74,720	$2.6M	1.2%	$8.41	+78.9%	COM	29358P101
KWR	QUAKER CHEM CORP	35,830	$2.569M	1.2%	$61.79	+21.2%	COM	747316107
NEO	NEOGENOMICS INC	492,100	$2.564M	1.2%	$3.81	+34.6%	COM NEW	64049M209
—	PICO HLDGS INC	127,821	$2.55M	1.2%	$20.96	—	COM NEW	693366205
DMLP	DORCHESTER MINERALS LP	84,845	$2.509M	1.2%	$24.59	—	COM UNIT	25820R105
—	POWERSHARES ETF TR II	69,090	$2.346M	1.1%	$32.55	—	S&P SMCP UTI P	73937B837
HDSN	HUDSON TECHNOLOGIES INC	694,950	$2.3M	1.1%	$3.65	-17.2%	COM	444144109
IRT	INDEPENDENCE RLTY TR INC	228,025	$2.207M	1.0%	$8.70	—	COM	45378A106
—	ARLINGTON ASSET INVT CORP	83,220	$2.115M	1.0%	$26.71	—	CL A NEW	041356205
—	KMG CHEMICALS INC	129,160	$2.103M	1.0%	$21.10	—	COM	482564101
STKL	SUNOPTA INC	173,652	$2.096M	1.0%	$7.49	+75.9%	COM	8676EP108
DAKT	DAKTRONICS INC	169,020	$2.077M	1.0%	$7.99	+24.5%	COM	234264109
—	GRAMERCY PPTY TR INC	360,600	$2.077M	1.0%	$4.21	—	COM	38489R100
—	ATLAS PIPELINE PARTNERS LP	56,940	$2.076M	1.0%	$38.19	—	UNIT L P INT	049392103
—	SPARK ENERGY INC	119,267	$2.072M	1.0%	$17.37	—	CL A COM	846511103
—	ARC LOGISTICS PARTNERS LP	81,810	$2.057M	1.0%	$21.99	—	COM UT REP LPN	03879N101
AG	FIRST MAJESTIC SILVER CORP	262,128	$2.045M	1.0%	$11.47	-14.9%	COM	32076V103
—	SPECTRUM PHARMACEUTICALS INC	249,160	$2.028M	0.9%	$7.46	—	COM	84763A108
—	SP PLUS CORP	103,005	$1.953M	0.9%	$26.01	—	COM	78469C103
BRK/B	BERKSHIRE HATHAWAY INC DEL	13,991	$1.933M	0.9%	$110.02	+21.1%	CL B NEW	084670702
INTT	INTEST CORP	400,735	$1.907M	0.9%	$3.27	+41.4%	COM	461147100
—	HEALTH CARE REIT INC	29,839	$1.861M	0.9%	$67.04	—	COM	42217K106
LAND	GLADSTONE LD CORP	154,250	$1.853M	0.9%	$16.81	—	COM	376549101
—	CEDAR FAIR L P	38,995	$1.843M	0.9%	$41.41	—	DEPOSITRY UNIT	150185106
MRCC	MONROE CAP CORP	136,375	$1.841M	0.9%	$3.65	+2.9%	COM	610335101
—	MONMOUTH REAL ESTATE INVT CO	177,055	$1.792M	0.8%	$9.87	—	CL A	609720107
—	GENERAL FIN CORP DEL	199,500	$1.77M	0.8%	$4.65	—	COM	369822101
HAIN	HAIN CELESTIAL GROUP INC	16,950	$1.735M	0.8%	$32.22	+44.4%	COM	405217100
SJT	SAN JUAN BASIN RTY TR	90,345	$1.717M	0.8%	$16.05	—	UNIT BEN INT	798241105
—	CITY OFFICE REIT INC	125,660	$1.706M	0.8%	$12.70	—	COM	178587101
—	VANGUARD NAT RES LLC	61,145	$1.679M	0.8%	$27.90	—	COM UNIT	92205F106
—	MARKET VECTORS ETF TR	49,395	$1.661M	0.8%	$33.63	—	JR GOLD MINERS E	57061R544
HBIO	HARVARD BIOSCIENCE INC	402,325	$1.646M	0.8%	$3.83	+20.1%	COM	416906105
—	SILVER WHEATON CORP	82,171	$1.638M	0.8%	$19.71	—	COM	828336107
—	MOCON INC	109,642	$1.633M	0.8%	$13.55	—	COM	607494101
—	OXFORD LANE CAP CORP	104,665	$1.605M	0.8%	$16.55	—	COM	691543102
—	SANDSTORM GOLD LTD	361,189	$1.553M	0.7%	$4.82	—	COM NEW	80013R206
—	PREFERRED APT CMNTYS INC	180,995	$1.506M	0.7%	$8.77	—	COM	74039L103
—	ABAXIS INC	29,700	$1.506M	0.7%	$47.50	—	COM	002567105
MPT	MEDICAL PPTYS TRUST INC	121,315	$1.487M	0.7%	$14.32	—	COM	58463J304
GOOD	GLADSTONE COML CORP	86,814	$1.475M	0.7%	$18.64	—	COM	376536108
FPI	FARMLAND PARTNERS INC	130,115	$1.431M	0.7%	$13.05	—	COM	31154R109
—	KAYNE ANDERSON MLP INVT CO	34,945	$1.427M	0.7%	$39.10	—	COM	486606106
MMLP	MARTIN MIDSTREAM PRTNRS L P	37,665	$1.405M	0.7%	$44.10	—	UNIT L P INT	573331105
RGLD	ROYAL GOLD INC	21,145	$1.373M	0.6%	$54.31	+37.4%	COM	780287108
—	SMTP INC	214,600	$1.373M	0.6%	$6.29	—	COM NEW	784589202
—	MAGNUM HUNTER RES CORP DEL	246,175	$1.371M	0.6%	$3.71	—	COM	55973B102
—	TRUETT-HURST INC	239,000	$1.326M	0.6%	$5.90	—	CL A	897871109
—	S&W SEED CO	310,275	$1.316M	0.6%	$8.38	—	COM	785135104
—	RAND LOGISTICS INC	226,556	$1.291M	0.6%	$5.13	—	COM	752182105
—	ENVIROSTAR INC	495,279	$1.263M	0.6%	$1.78	—	COM	29414M100
—	I D SYSTEMS INC	168,025	$1.242M	0.6%	$5.03	—	COM	449489103
CVU	CPI AEROSTRUCTURES INC	124,025	$1.222M	0.6%	$9.42	+20.3%	COM NEW	125919308
—	NORTHERN OIL & GAS INC NEV	84,850	$1.207M	0.6%	$13.34	—	COM	665531109
IEX	IDEX CORP	15,805	$1.144M	0.5%	$45.08	+47.5%	COM	45167R104
KTOS	KRATOS DEFENSE & SEC SOLUTIO	171,651	$1.126M	0.5%	$5.62	+32.1%	COM NEW	50077B207
CTRE	CARETRUST REIT INC	77,945	$1.115M	0.5%	$19.57	—	COM	14174T107
—	AIR INDS GROUP	99,000	$1.051M	0.5%	$10.85	—	COM NEW	00912N205
—	XPLORE TECHNOLOGIES CORP	197,575	$1.016M	0.5%	$3.50	—	COM PAR $0.001	983950700
—	GOLDCORP INC NEW	43,996	$1.013M	0.5%	$24.73	—	COM	380956409
CGIP	CELADON GROUP INC	47,117	$916K	0.4%	$18.16	+14.7%	COM	150838100
—	BLUEROCK RESIDENT GR REIT IN	69,850	$908K	0.4%	$13.16	—	COM CL A	09627J102
—	FLAHERTY&CRMN PFD SEC INCOM	46,875	$905K	0.4%	$18.77	—	COM	338478100
—	XG TECHNOLOGY INC	436,000	$855K	0.4%	$3.20	—	COM PAR$.00001	98372A309
MRTN	MARTEN TRANS LTD	47,737	$850K	0.4%	$4.79	+39.1%	COM	573075108
JKHY	HENRY JACK & ASSOC INC	15,250	$849K	0.4%	$39.46	+28.2%	COM	426281101
—	IMPRIMIS PHARMACEUTICALS INC	110,853	$823K	0.4%	$6.45	—	COM NEW	45323A201
—	ADAMIS PHARMACEUTICALS CORP	175,675	$822K	0.4%	$6.35	—	COM NEW	00547W208
MLR	MILLER INDS INC TENN	46,685	$789K	0.4%	$11.36	+28.5%	COM NEW	600551204
—	VENAXIS INC	471,050	$782K	0.4%	$1.22	—	COM	92262A107
—	ATLAS ENERGY LP	17,700	$779K	0.4%	$44.01	—	COM UNITS LP	04930A104
—	UROPLASTY INC	303,831	$760K	0.4%	$2.07	—	COM NEW	917277204
SAM	BOSTON BEER INC	3,350	$743K	0.3%	$158.63	+41.1%	CL A	100557107
—	GSE SYS INC	474,465	$740K	0.3%	$1.51	—	COM	36227K106
FNV	FRANCO NEVADA CORP	15,122	$739K	0.3%	$34.68	+40.9%	COM	351858105
UMH	U M H PROPERTIES INC	76,875	$730K	0.3%	$10.20	—	COM	903002103
CDP	CORPORATE OFFICE PPTYS TR	28,125	$723K	0.3%	$25.50	—	SH BEN INT	22002T108
PCYO	PURECYCLE CORP	110,400	$714K	0.3%	$5.95	+10.8%	COM NEW	746228303
—	SUPERIOR DRILLING PRODS INC	111,600	$701K	0.3%	$6.51	—	COM	868153107
TIP	ISHARES TR	6,225	$698K	0.3%	$112.13	—	TIPS BD ETF	464287176
RCMT	RCM TECHNOLOGIES INC	90,145	$682K	0.3%	$5.66	+25.5%	COM NEW	749360400
—	FIRST POTOMAC RLTY TR	57,930	$681K	0.3%	$13.05	—	COM	33610F109
—	BACTERIN INTL HLDGS INC	151,351	$678K	0.3%	$4.48	—	COM NEW	05644R200
—	SEASPAN CORP	29,925	$643K	0.3%	$20.75	—	SHS	Y75638109
ASUR	ASURE SOFTWARE INC	125,305	$633K	0.3%	$5.70	-6.2%	COM	04649U102
—	SUPERCONDUCTOR TECHNOLOGIES	224,035	$630K	0.3%	$2.27	—	COM PAR $0.001	867931404
—	ATLANTIC COAST FINL CORP	151,100	$616K	0.3%	$4.30	—	COM	048426100
—	POWERSHS DB MULTI SECT COMM	23,387	$598K	0.3%	$24.90	—	PS DB AGRICUL FD	73936B408
—	MICRONET ENERTEC TECH INC	171,770	$593K	0.3%	$4.52	—	COM	595117102
SLV	ISHARES SILVER TRUST	36,230	$592K	0.3%	$18.96	—	ISHARES	46428Q109
—	BOWL AMER INC	42,295	$582K	0.3%	$12.99	—	CL A	102565108
USAC	USA COMPRESSION PARTNERS LP	23,425	$569K	0.3%	$23.62	—	COMUNIT LTDPAR	90290N109
ICLR	ICON PLC	9,800	$561K	0.3%	$32.90	+56.5%	SHS	G4705A100
DXLG	DESTINATION XL GROUP INC	116,615	$550K	0.3%	$5.24	-1.2%	COM	25065K104
—	LEXINGTON REALTY TRUST	55,353	$542K	0.3%	$11.68	—	COM	529043101
—	SAJAN INC	104,450	$540K	0.3%	$5.17	—	COM NEW	79379T202
—	LASALLE HOTEL PPTYS	15,130	$518K	0.2%	$24.69	—	COM SH BEN INT	517942108
—	MEDLEY MGMT INC	28,500	$481K	0.2%	$16.88	—	CL A COM	58503T106
—	CONTANGO OIL & GAS COMPANY	14,012	$466K	0.2%	$47.29	—	COM NEW	21075N204
—	FIDUCIARY CLAYMORE MLP OPP F	16,324	$463K	0.2%	$27.28	—	COM	31647Q106
—	SENIOR HSG PPTYS TR	21,215	$444K	0.2%	$25.93	—	SH BEN INT	81721M109
CPIX	CUMBERLAND PHARMACEUTICALS I	89,340	$441K	0.2%	$4.97	-2.7%	COM	230770109
—	AMERICAN EAGLE ENERGY CORP	100,565	$409K	0.2%	$5.99	—	COM NEW	02554F300
—	YAMANA GOLD INC	67,235	$403K	0.2%	$9.52	—	COM	98462Y100
—	MARLIN MIDSTREAM PARTNERS LP	18,825	$401K	0.2%	$18.60	—	COM UTLTD PTN IN	57118V100
SA	SEABRIDGE GOLD INC	49,005	$394K	0.2%	$11.28	-16.6%	COM	811916105
—	ADVANTAGE OIL & GAS LTD	76,560	$390K	0.2%	$3.94	—	COM	00765F101
—	JAPAN SMALLER CAPTLZTN FD IN	39,557	$383K	0.2%	$8.57	—	COM	47109U104
—	PARAMOUNT GOLD & SILVER CORP	415,350	$374K	0.2%	$1.19	—	COM	69924P102
—	KAYNE ANDERSON MDSTM ENERGY	9,305	$373K	0.2%	$40.09	—	COM	48661E108
—	RICEBRAN TECHNOLOGIES	68,925	$367K	0.2%	$4.98	—	COM NEW	762831204
ACTG	ACACIA RESH CORP	23,615	$366K	0.2%	$22.79	-30.6%	ACACIA TCH COM	003881307
AGFXF	DEUTSCHE BK AG LDN BRH	28,160	$357K	0.2%	$16.01	—	PS AGRI LG ETN	25154H533
—	PROFESSIONAL DIVERSITY NET I	67,150	$339K	0.2%	$4.19	—	COM	74312Y103
—	SMARTPROS LTD	161,925	$337K	0.2%	$1.75	—	COM	83171G103
—	GP STRATEGIES CORP	11,700	$336K	0.2%	$23.78	—	COM	36225V104
—	PSIVIDA CORP	75,509	$334K	0.2%	$3.87	—	COM	74440J101
—	AKERS BIOSCIENCES INC	88,700	$319K	0.1%	$4.56	—	COM	00973E102
SBNY	SIGNATURE BK NEW YORK N Y	2,700	$303K	0.1%	$82.88	—	COM	82669G104
—	BURCON NUTRASCIENCE CORP	100,281	$301K	0.1%	$2.55	—	COM	120831102
—	NGP CAP RES CO	44,515	$275K	0.1%	$6.13	—	COM	62912R107
—	GLADSTONE CAPITAL CORP	31,150	$273K	0.1%	$8.39	—	COM	376535100
—	CALAMOS GLOBAL TOTAL RETURN	19,250	$267K	0.1%	$13.87	—	COM SH BEN INT	128118106
—	INVENTURE FOODS INC	20,500	$266K	0.1%	$8.35	—	COM	461212102
—	GRAN TIERRA ENERGY INC	46,953	$260K	0.1%	$6.02	—	COM	38500T101
AAPL	APPLE INC	2,408	$243K	0.1%	$18.66	+15.9%	COM	037833100
—	MARKET VECTORS ETF TR	10,890	$233K	0.1%	$24.50	—	GOLD MINER ETF	57060U100
GLD	SPDR GOLD TRUST	1,966	$228K	0.1%	$119.08	—	GOLD SHS	78463V107
—	LAYNE CHRISTENSEN CO	22,230	$216K	0.1%	$19.52	—	COM	521050104
—	TORTOISE ENERGY INFRSTRCTR C	4,450	$214K	0.1%	$46.52	—	COM	89147L100
—	SL GREEN RLTY CORP	2,050	$208K	0.1%	$100.49	—	COM	78440X101
UWM	PROSHARES TR	2,700	$205K	0.1%	$75.93	—	PSHS ULTRUSS2000	74347R842
TEVA	TEVA PHARMACEUTICAL INDS LTD	3,804	$204K	0.1%	$52.78	—	ADR	881624209
—	QUALSTAR CORP	168,770	$202K	0.1%	$1.40	—	COM	74758R109
—	STRATEGIC HOTELS & RESORTS I	13,700	$160K	0.1%	$11.68	—	COM	86272T106
—	BRIDGELINE DIGITAL INC	235,450	$153K	0.1%	$1.20	—	COM	10807Q205
—	HARVARD APPARATUS REGENER TE	16,552	$134K	0.1%	$4.72	—	COM	41690A106
—	IMAGE SENSING SYS INC	37,110	$131K	0.1%	$7.35	—	COM	45244C104
—	TRAVELCENTERS OF AMERICA LLC	10,000	$99,000	0.0%	$10.90	—	COM	894174101
—	CELLECTAR BIOSCIENCES INC	43,000	$95,000	0.0%	$4.43	—	COM NEW	15117F203
—	CAMPUS CREST CMNTYS INC	14,500	$93,000	0.0%	$6.41	—	COM	13466Y105
—	SILVERCREST MINES INC	59,100	$88,000	0.0%	$1.48	—	COM	828365106
—	RAIT FINANCIAL TRUST	10,700	$80,000	0.0%	$7.48	—	COM NEW	749227609
—	RICEBRAN TECHNOLOGIES	46,300	$79,000	0.0%	$1.38	—	*W EXP 12/18/201	762831113
—	WAVE SYSTEMS CORP	65,155	$70,000	0.0%	$1.30	—	CL A PAR $0.01	943526400
—	RIO ALTO MNG LTD NEW	26,200	$63,000	0.0%	$1.86	—	COM	76689T104
—	DAKOTA PLAINS HOLDINGS	18,800	$45,000	0.0%	$2.39	—	COM	234255107
—	ENSERVCO CORP	10,000	$36,000	0.0%	$2.40	—	COM	29358Y102
—	MICRONET ENERTEC TECH INC	47,855	$21,000	0.0%	$0.75	—	*W EXP 04/15/201	595117110
—	CELLECTAR BIOSCIENCES INC	30,000	$18,000	0.0%	$0.60	—	*W EXP 08/19/201	15117F112
FSI	FLEXIBLE SOLUTIONS INTL INC	11,368	$15,000	0.0%	$0.76	+48.4%	COM	33938T104