Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TYL	TYLER TECHNOLOGIES INC	58,600	$6.413M	3.0%	$64.83	+62.9%	COM	902252105
—	STERICYCLE INC	45,350	$5.944M	2.8%	$110.42	—	COM	858912108
—	SPARTON CORP	161,125	$4.566M	2.1%	$17.24	—	COM	847235108
CSV	CARRIAGE SVCS INC	214,177	$4.487M	2.1%	$15.84	+6.6%	COM	143905107
BCPC	BALCHEM CORP	59,969	$3.996M	1.9%	$41.81	+40.2%	COM	057665200
USPH	U S PHYSICAL THERAPY INC	95,073	$3.989M	1.9%	$26.44	+48.8%	COM	90337L108
—	TEAM INC	95,995	$3.884M	1.8%	$37.85	—	COM	878155100
EPM	EVOLUTION PETROLEUM CORP	490,175	$3.642M	1.7%	$5.20	-16.0%	COM	30049A107
WLDN	WILLDAN GROUP INC	264,694	$3.571M	1.7%	$2.63	+460.6%	COM	96924N100
—	II VI INC	258,344	$3.526M	1.6%	$16.26	—	COM	902104108
ACU	ACME UTD CORP	169,568	$3.39M	1.6%	$9.86	+44.1%	COM	004816104
ENSG	ENSIGN GROUP INC	74,620	$3.312M	1.5%	$8.41	+107.2%	COM	29358P101
KWR	QUAKER CHEM CORP	35,780	$3.293M	1.5%	$61.79	+30.4%	COM	747316107
TGEN	TECOGEN INC NEW	601,400	$3.139M	1.5%	$8.29	-30.5%	COM NEW	87876P201
—	POWERSHARES ETF TR II	68,990	$2.77M	1.3%	$32.55	—	S&P SMCP UTI P	73937B837
—	TORTOISE MLP FD INC	94,962	$2.652M	1.2%	$29.22	—	COM	89148B101
HDSN	HUDSON TECHNOLOGIES INC	691,850	$2.608M	1.2%	$3.65	+1.1%	COM	444144109
—	SP PLUS CORP	102,730	$2.592M	1.2%	$26.01	—	COM	78469C103
—	KMG CHEMICALS INC	129,060	$2.581M	1.2%	$21.10	—	COM	482564101
—	TARGA RESOURCES PARTNERS LP	53,790	$2.575M	1.2%	$50.45	—	COM UNIT	87611X105
—	GRAMERCY PPTY TR INC	370,600	$2.557M	1.2%	$4.29	—	COM	38489R100
PBA	PEMBINA PIPELINE CORP	69,525	$2.531M	1.2%	$24.32	-13.2%	COM	706327103
—	CORENERGY INFRASTRUCTURE TR	379,635	$2.46M	1.1%	$6.97	—	COM	21870U205
—	PICO HLDGS INC	127,896	$2.411M	1.1%	$20.96	—	COM NEW	693366205
ECC	EAGLE PT CR CO LLC	118,925	$2.39M	1.1%	$20.10	—	COM	269808101
HBIO	HARVARD BIOSCIENCE INC	401,325	$2.276M	1.1%	$3.83	+24.5%	COM	416906105
—	HEALTH CARE REIT INC	29,598	$2.24M	1.0%	$67.04	—	COM	42217K106
—	ARLINGTON ASSET INVT CORP	83,120	$2.212M	1.0%	$26.71	—	CL A NEW	041356205
—	ROYCE MICRO-CAP TR INC	218,702	$2.205M	1.0%	$10.81	—	COM	780915104
DMLP	DORCHESTER MINERALS LP	84,595	$2.16M	1.0%	$24.59	—	COM UNIT	25820R105
—	HI-CRUSH PARTNERS LP	69,625	$2.16M	1.0%	$25.55	—	COM UNIT LTD	428337109
—	TRIANGLE PETE CORP	443,550	$2.12M	1.0%	$7.01	—	COM NEW	89600B201
IRT	INDEPENDENCE RLTY TR INC	227,625	$2.119M	1.0%	$8.70	—	COM	45378A106
DAKT	DAKTRONICS INC	169,020	$2.114M	1.0%	$7.99	+29.5%	COM	234264109
BRK/B	BERKSHIRE HATHAWAY INC DEL	13,991	$2.101M	1.0%	$110.02	+31.2%	CL B NEW	084670702
STKL	SUNOPTA INC	173,152	$2.052M	1.0%	$7.49	+67.2%	COM	8676EP108
NEO	NEOGENOMICS INC	491,100	$2.048M	1.0%	$3.81	+20.4%	COM NEW	64049M209
MRCC	MONROE CAP CORP	137,375	$1.986M	0.9%	$3.65	+8.5%	COM	610335101
—	BLUEROCK RESIDENT GR REIT IN	159,245	$1.979M	0.9%	$12.75	—	COM CL A	09627J102
HAIN	HAIN CELESTIAL GROUP INC	33,900	$1.976M	0.9%	$43.16	+25.3%	COM	405217100
—	MOCON INC	109,642	$1.961M	0.9%	$13.55	—	COM	607494101
—	MONMOUTH REAL ESTATE INVT CO	177,055	$1.96M	0.9%	$9.87	—	CL A	609720107
—	GENERAL FIN CORP DEL	198,400	$1.956M	0.9%	$4.65	—	COM	369822101
—	OCI PARTNERS LP	120,035	$1.921M	0.9%	$16.00	—	COM UNIT REP LP	67091N108
—	CEDAR FAIR L P	38,995	$1.865M	0.9%	$41.41	—	DEPOSITRY UNIT	150185106
INTT	INTEST CORP	399,735	$1.699M	0.8%	$3.27	+33.8%	COM	461147100
—	SPARK ENERGY INC	119,767	$1.688M	0.8%	$17.37	—	CL A COM	846511103
LAND	GLADSTONE LD CORP	157,750	$1.688M	0.8%	$16.68	—	COM	376549101
—	ABAXIS INC	29,600	$1.682M	0.8%	$47.50	—	COM	002567105
—	SILVER WHEATON CORP	82,171	$1.671M	0.8%	$19.71	—	COM	828336107
MPT	MEDICAL PPTYS TRUST INC	120,365	$1.659M	0.8%	$14.32	—	COM	58463J304
—	PREFERRED APT CMNTYS INC	180,645	$1.644M	0.8%	$8.77	—	COM	74039L103
NEWT	NEWTEK BUSINESS SVCS CORP	111,225	$1.642M	0.8%	$13.70	0.0%	COM NEW	652526203
—	CITY OFFICE REIT INC	125,035	$1.6M	0.7%	$12.70	—	COM	178587101
—	OXFORD LANE CAP CORP	105,665	$1.58M	0.7%	$16.55	—	COM	691543102
—	SPECTRUM PHARMACEUTICALS INC	225,000	$1.559M	0.7%	$7.46	—	COM	84763A108
—	ATLAS PIPELINE PARTNERS LP	56,940	$1.552M	0.7%	$38.19	—	UNIT L P INT	049392103
GOOD	GLADSTONE COML CORP	86,664	$1.488M	0.7%	$18.64	—	COM	376536108
—	ARC LOGISTICS PARTNERS LP	81,610	$1.392M	0.7%	$21.99	—	COM UT REP LPN	03879N101
—	S&W SEED CO	340,925	$1.364M	0.6%	$7.99	—	COM	785135104
—	ENVIROSTAR INC	495,279	$1.362M	0.6%	$1.78	—	COM	29414M100
FPI	FARMLAND PARTNERS INC	129,790	$1.351M	0.6%	$13.05	—	COM	31154R109
—	KAYNE ANDERSON MLP INVT CO	34,945	$1.334M	0.6%	$39.10	—	COM	486606106
—	XPLORE TECHNOLOGIES CORP	197,575	$1.326M	0.6%	$3.50	—	COM PAR $0.001	983950700
RGLD	ROYAL GOLD INC	20,895	$1.31M	0.6%	$54.31	+20.8%	COM	780287108
—	SMTP INC	215,340	$1.309M	0.6%	$6.29	—	COM NEW	784589202
SJT	SAN JUAN BASIN RTY TR	91,195	$1.3M	0.6%	$16.05	—	UNIT BEN INT	798241105
AG	FIRST MAJESTIC SILVER CORP	256,844	$1.289M	0.6%	$11.47	-52.0%	COM	32076V103
CVU	CPI AEROSTRUCTURES INC	124,125	$1.267M	0.6%	$9.42	+14.1%	COM NEW	125919308
CTRE	CARETRUST REIT INC	102,232	$1.261M	0.6%	$17.85	—	COM	14174T107
—	PEAK RESORTS INC	157,400	$1.259M	0.6%	$8.00	—	COM	70469L100
IEX	IDEX CORP	15,805	$1.23M	0.6%	$45.08	+42.9%	COM	45167R104
—	SANDSTORM GOLD LTD	356,689	$1.213M	0.6%	$4.82	—	COM NEW	80013R206
—	MARKET VECTORS ETF TR	48,683	$1.165M	0.5%	$33.63	—	JR GOLD MINERS E	57061R544
—	ADAMIS PHARMACEUTICALS CORP	181,675	$1.121M	0.5%	$6.35	—	COM NEW	00547W208
—	I D SYSTEMS INC	167,200	$1.119M	0.5%	$5.03	—	COM	449489103
CGIP	CELADON GROUP INC	47,117	$1.069M	0.5%	$18.16	+12.9%	COM	150838100
MRTN	MARTEN TRANS LTD	47,737	$1.044M	0.5%	$4.79	+38.6%	COM	573075108
—	AIR INDS GROUP	98,700	$1.038M	0.5%	$10.85	—	COM NEW	00912N205
MMLP	MARTIN MIDSTREAM PRTNRS L P	37,665	$1.012M	0.5%	$44.10	—	UNIT L P INT	573331105
—	TRUETT-HURST INC	245,200	$972K	0.5%	$5.85	—	CL A	897871109
SAM	BOSTON BEER INC	3,350	$970K	0.5%	$158.63	+59.7%	CL A	100557107
MLR	MILLER INDS INC TENN	46,410	$965K	0.5%	$11.36	+26.2%	COM NEW	600551204
JKHY	HENRY JACK & ASSOC INC	15,250	$948K	0.4%	$39.46	+31.8%	COM	426281101
—	FLAHERTY&CRMN PFD SEC INCOM	46,775	$891K	0.4%	$18.77	—	COM	338478100
—	RAND LOGISTICS INC	224,856	$888K	0.4%	$5.13	—	COM	752182105
KTOS	KRATOS DEFENSE & SEC SOLUTIO	166,224	$834K	0.4%	$5.62	+0.6%	COM NEW	50077B207
—	VENAXIS INC	471,050	$834K	0.4%	$1.22	—	COM	92262A107
—	GOLDCORP INC NEW	43,996	$815K	0.4%	$24.73	—	COM	380956409
CDP	CORPORATE OFFICE PPTYS TR	28,125	$798K	0.4%	$25.50	—	SH BEN INT	22002T108
—	MAGNUM HUNTER RES CORP DEL	249,518	$783K	0.4%	$3.70	—	COM	55973B102
—	GSE SYS INC	471,965	$750K	0.4%	$1.51	—	COM	36227K106
FNV	FRANCO NEVADA CORP	15,122	$744K	0.3%	$34.68	+29.2%	COM	351858105
UMH	U M H PROPERTIES INC	76,575	$731K	0.3%	$10.20	—	COM	903002103
—	FIRST POTOMAC RLTY TR	57,930	$716K	0.3%	$13.05	—	COM	33610F109
ASUR	ASURE SOFTWARE INC	125,305	$705K	0.3%	$5.70	-9.0%	COM	04649U102
TIP	ISHARES TR	6,225	$697K	0.3%	$112.13	—	TIPS BD ETF	464287176
DXLG	DESTINATION XL GROUP INC	115,315	$630K	0.3%	$5.24	-3.7%	COM	25065K104
RCMT	RCM TECHNOLOGIES INC	89,645	$628K	0.3%	$5.66	+37.6%	COM NEW	749360400
—	UROPLASTY INC	303,831	$626K	0.3%	$2.07	—	COM NEW	917277204
—	SUPERCONDUCTOR TECHNOLOGIES	224,035	$621K	0.3%	$2.27	—	COM PAR $0.001	867931404
—	LASALLE HOTEL PPTYS	15,130	$612K	0.3%	$24.69	—	COM SH BEN INT	517942108
—	MICRONET ENERTEC TECH INC	171,770	$611K	0.3%	$4.52	—	COM	595117102
—	BOWL AMER INC	42,295	$606K	0.3%	$12.99	—	CL A	102565108
—	LEXINGTON REALTY TRUST	54,739	$601K	0.3%	$11.68	—	COM	529043101
—	ATLANTIC COAST FINL CORP	149,100	$592K	0.3%	$4.30	—	COM	048426100
—	SAJAN INC	104,450	$590K	0.3%	$5.17	—	COM NEW	79379T202
—	POWERSHS DB MULTI SECT COMM	23,207	$578K	0.3%	$24.90	—	PS DB AGRICUL FD	73936B408
—	IMPRIMIS PHARMACEUTICALS INC	76,128	$571K	0.3%	$6.45	—	COM NEW	45323A201
—	ATLAS ENERGY LP	17,575	$547K	0.3%	$44.01	—	COM UNITS LP	04930A104
SLV	ISHARES SILVER TRUST	35,880	$540K	0.3%	$18.96	—	ISHARES	46428Q109
—	SEASPAN CORP	29,925	$539K	0.3%	$20.75	—	SHS	Y75638109
CPIX	CUMBERLAND PHARMACEUTICALS I	88,740	$531K	0.2%	$4.97	+3.2%	COM	230770109
ICLR	ICON PLC	9,800	$500K	0.2%	$32.90	+63.9%	SHS	G4705A100
—	BACTERIN INTL HLDGS INC	164,151	$497K	0.2%	$4.37	—	COM NEW	05644R200
—	NORTHERN OIL & GAS INC NEV	84,550	$478K	0.2%	$13.34	—	COM	665531109
—	SENIOR HSG PPTYS TR	21,215	$469K	0.2%	$25.93	—	SH BEN INT	81721M109
—	SUPERIOR DRILLING PRODS INC	111,600	$464K	0.2%	$6.51	—	COM	868153107
JYNT	JOINT CORP	71,600	$457K	0.2%	$6.38	0.0%	COM	47973J102
—	VANGUARD NAT RES LLC	29,620	$446K	0.2%	$27.90	—	COM UNIT	92205F106
PCYO	PURECYCLE CORP	110,400	$442K	0.2%	$5.95	-10.2%	COM NEW	746228303
—	FIDUCIARY CLAYMORE MLP OPP F	16,324	$426K	0.2%	$27.28	—	COM	31647Q106
—	MEDLEY MGMT INC	28,500	$419K	0.2%	$16.88	—	CL A COM	58503T106
—	CONTANGO OIL & GAS COMPANY	13,822	$404K	0.2%	$47.29	—	COM NEW	21075N204
—	GP STRATEGIES CORP	11,700	$397K	0.2%	$23.78	—	COM	36225V104
ACTG	ACACIA RESH CORP	23,315	$395K	0.2%	$22.79	-28.1%	ACACIA TCH COM	003881307
USAC	USA COMPRESSION PARTNERS LP	23,225	$385K	0.2%	$23.62	—	COMUNIT LTDPAR	90290N109
AGFXF	DEUTSCHE BK AG LDN BRH	27,315	$382K	0.2%	$16.01	—	PS AGRI LG ETN	25154H533
—	AKERS BIOSCIENCES INC	90,700	$362K	0.2%	$4.54	—	COM	00973E102
—	JAPAN SMALLER CAPTLZTN FD IN	39,557	$355K	0.2%	$8.57	—	COM	47109U104
—	ADVANTAGE OIL & GAS LTD	72,960	$349K	0.2%	$3.94	—	COM	00765F101
SBNY	SIGNATURE BK NEW YORK N Y	2,700	$340K	0.2%	$82.88	—	COM	82669G104
—	MARLIN MIDSTREAM PARTNERS LP	18,625	$339K	0.2%	$18.60	—	COM UTLTD PTN IN	57118V100
—	PROFESSIONAL DIVERSITY NET I	67,150	$327K	0.2%	$4.19	—	COM	74312Y103
SA	SEABRIDGE GOLD INC	43,055	$325K	0.2%	$11.28	-33.2%	COM	811916105
—	KAYNE ANDERSON MDSTM ENERGY	9,305	$317K	0.1%	$40.09	—	COM	48661E108
—	PSIVIDA CORP	75,509	$310K	0.1%	$3.87	—	COM	74440J101
—	RICEBRAN TECHNOLOGIES	68,925	$287K	0.1%	$4.98	—	COM NEW	762831204
—	YAMANA GOLD INC	66,774	$268K	0.1%	$9.52	—	COM	98462Y100
—	BURCON NUTRASCIENCE CORP	114,620	$264K	0.1%	$2.52	—	COM	120831102
—	INVENTURE FOODS INC	20,500	$261K	0.1%	$8.35	—	COM	461212102
AAPL	APPLE INC	2,358	$260K	0.1%	$18.66	+29.1%	COM	037833100
—	SMARTPROS LTD	161,925	$257K	0.1%	$1.75	—	COM	83171G103
—	CALAMOS GLOBAL TOTAL RETURN	19,250	$254K	0.1%	$13.87	—	COM SH BEN INT	128118106
—	GLADSTONE CAPITAL CORP	30,550	$253K	0.1%	$8.39	—	COM	376535100
GLD	SPDR GOLD TRUST	2,161	$245K	0.1%	$118.56	—	GOLD SHS	78463V107
—	SL GREEN RLTY CORP	2,050	$244K	0.1%	$100.49	—	COM	78440X101
UWM	PROSHARES TR	2,700	$244K	0.1%	$75.93	—	PSHS ULTRUSS2000	74347R842
JJSF	J & J SNACK FOODS CORP	2,000	$218K	0.1%	$85.15	0.0%	COM	466032109
—	XG TECHNOLOGY INC	420,000	$214K	0.1%	$3.20	—	COM PAR$.00001	98372A309
TEVA	TEVA PHARMACEUTICAL INDS LTD	3,684	$212K	0.1%	$52.78	—	ADR	881624209
—	OHA INVT CORP	44,315	$208K	0.1%	$4.69	—	COM	67091U102
—	QUALSTAR CORP	155,770	$206K	0.1%	$1.40	—	COM	74758R109
CPT	CAMDEN PPTY TR	2,750	$203K	0.1%	$47.98	0.0%	SH BEN INT	133131102
—	MARKET VECTORS ETF TR	10,665	$196K	0.1%	$24.50	—	GOLD MINER ETF	57060U100
—	LAYNE CHRISTENSEN CO	20,105	$192K	0.1%	$19.52	—	COM	521050104
—	GRAN TIERRA ENERGY INC	46,953	$181K	0.1%	$6.02	—	COM	38500T101
—	STRATEGIC HOTELS & RESORTS I	13,200	$175K	0.1%	$11.68	—	COM	86272T106
—	CELLECTAR BIOSCIENCES INC	43,000	$133K	0.1%	$4.43	—	COM NEW	15117F203
—	TRAVELCENTERS OF AMERICA LLC	10,000	$126K	0.1%	$10.90	—	COM	894174101
—	BRIDGELINE DIGITAL INC	235,450	$107K	0.1%	$1.20	—	COM	10807Q205
—	CAMPUS CREST CMNTYS INC	13,800	$101K	0.0%	$6.41	—	COM	13466Y105
—	IMAGE SENSING SYS INC	35,910	$96,000	0.0%	$7.35	—	COM	45244C104
—	RAIT FINANCIAL TRUST	10,000	$77,000	0.0%	$7.48	—	COM NEW	749227609
—	SILVERCREST MINES INC	59,100	$75,000	0.0%	$1.48	—	COM	828365106
—	RIO ALTO MNG LTD NEW	26,200	$64,000	0.0%	$1.86	—	COM	76689T104
—	AMERICAN EAGLE ENERGY CORP	93,315	$58,000	0.0%	$5.99	—	COM NEW	02554F300
—	HARVARD APPARATUS REGENER TE	15,552	$49,000	0.0%	$4.72	—	COM	41690A106
—	RICEBRAN TECHNOLOGIES	46,300	$46,000	0.0%	$1.38	—	*W EXP 12/18/201	762831113
—	WAVE SYSTEMS CORP	52,905	$42,000	0.0%	$1.30	—	CL A PAR $0.01	943526400
—	DAKOTA PLAINS HLDGS INC	18,800	$33,000	0.0%	$2.39	—	COM	234255107
—	MICRONET ENERTEC TECH INC	47,855	$28,000	0.0%	$0.75	—	*W EXP 04/15/201	595117110
—	CELLECTAR BIOSCIENCES INC	30,000	$24,000	0.0%	$0.60	—	*W EXP 08/19/201	15117F112
—	ENSERVCO CORP	10,000	$16,000	0.0%	$2.40	—	COM	29358Y102