Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	STERICYCLE INC	42,120	$5.868M	3.4%	$110.42	—	COM	858912108
TYL	TYLER TECHNOLOGIES INC	39,300	$5.868M	3.4%	$64.83	+116.8%	COM	902252105
—	DHX MEDIA LTD	902,775	$5.642M	3.2%	$7.38	—	SHS VAR VTG	252406608
CSV	CARRIAGE SVCS INC	186,427	$4.025M	2.3%	$15.84	+27.3%	COM	143905107
—	II VI INC	245,744	$3.952M	2.3%	$16.26	—	COM	902104108
USPH	U S PHYSICAL THERAPY INC	87,023	$3.906M	2.2%	$26.44	+88.5%	COM	90337L108
BCPC	BALCHEM CORP	57,019	$3.465M	2.0%	$41.81	+30.7%	COM	057665200
—	SPARTON CORP	151,250	$3.237M	1.9%	$17.24	—	COM	847235108
ENSG	ENSIGN GROUP INC	69,230	$2.951M	1.7%	$8.41	+160.8%	COM	29358P101
—	TEAM INC	87,695	$2.817M	1.6%	$37.85	—	COM	878155100
ACU	ACME UTD CORP	159,868	$2.755M	1.6%	$9.86	+46.3%	COM	004816104
EPM	EVOLUTION PETROLEUM CORP	468,025	$2.598M	1.5%	$5.20	-42.9%	COM	30049A107
NEO	NEOGENOMICS INC	441,950	$2.532M	1.5%	$3.81	+62.3%	COM NEW	64049M209
—	GREAT AJAX CORP	203,625	$2.519M	1.5%	$14.53	—	COM	38983D300
KWR	QUAKER CHEM CORP	32,530	$2.507M	1.4%	$61.79	+33.8%	COM	747316107
WLDN	WILLDAN GROUP INC	242,119	$2.455M	1.4%	$2.63	+290.7%	COM	96924N100
—	POWERSHARES ETF TR II	64,490	$2.436M	1.4%	$32.55	—	S&P SMCP UTI P	73937B837
—	TARGA RESOURCES PARTNERS L	80,574	$2.34M	1.3%	$47.12	—	COM UNIT	87611X105
NEWT	NEWTEK BUSINESS SVCS CORP	138,025	$2.268M	1.3%	$14.69	+20.2%	COM NEW	652526203
—	KMG CHEMICALS INC	117,260	$2.262M	1.3%	$21.10	—	COM	482564101
—	SP PLUS CORP	94,030	$2.177M	1.3%	$26.01	—	COM	78469C103
CUBI	CUSTOMERS BANCORP INC	82,320	$2.116M	1.2%	$25.43	0.0%	COM	23204G100
ECC	EAGLE PT CR CO LLC	109,565	$2.086M	1.2%	$20.10	—	COM	269808101
TGEN	TECOGEN INC NEW	585,700	$2.021M	1.2%	$8.29	-52.4%	COM NEW	87876P201
HDSN	HUDSON TECHNOLOGIES INC	638,050	$1.895M	1.1%	$3.65	-13.8%	COM	444144109
—	CEDAR FAIR L P	35,595	$1.873M	1.1%	$41.41	—	DEPOSITRY UNIT	150185106
WELL	WELLTOWER INC	27,369	$1.853M	1.1%	$44.80	0.0%	COM	95040Q104
—	SPARK ENERGY INC	111,967	$1.853M	1.1%	$17.37	—	CL A COM	846511103
—	ENVIROSTAR INC	458,579	$1.83M	1.1%	$1.78	—	COM	29414M100
—	PREFERRED APT CMNTYS INC	165,020	$1.795M	1.0%	$8.77	—	COM	74039L103
—	GRAMERCY PPTY TR INC	86,221	$1.791M	1.0%	$23.37	—	COM NEW	38489R605
MRCC	MONROE CAP CORP	127,212	$1.768M	1.0%	$3.65	+22.5%	COM	610335101
—	BLUEROCK RESIDENT GR REIT	147,420	$1.766M	1.0%	$12.75	—	COM CL A	09627J102
—	TORTOISE MLP FD INC	88,387	$1.619M	0.9%	$29.22	—	COM	89148B101
—	SMTP INC	340,848	$1.595M	0.9%	$5.97	—	COM NEW	784589202
PBA	PEMBINA PIPELINE CORP	66,275	$1.591M	0.9%	$24.32	-33.5%	COM	706327103
INTT	INTEST CORP	375,135	$1.576M	0.9%	$3.27	+27.1%	COM	461147100
—	CORENERGY INFRASTRUCTURE T	354,260	$1.566M	0.9%	$6.97	—	COM	21870U205
—	ROYCE MICRO-CAP TR INC	198,260	$1.535M	0.9%	$10.81	—	COM	780915104
IRT	INDEPENDENCE RLTY TR INC	212,725	$1.534M	0.9%	$8.70	—	COM	45378A106
—	MONMOUTH REAL ESTATE INVT	156,280	$1.524M	0.9%	$9.87	—	CL A	609720107
—	S&W SEED CO	331,125	$1.523M	0.9%	$7.90	—	COM	785135104
SOHO	SOTHERLY HOTELS INC	217,325	$1.478M	0.9%	$6.87	—	COM	83600C103
—	TRECORA RES	118,855	$1.476M	0.8%	$12.20	—	COM	894648104
—	CORENERGY INFRASTRUCTURE T	63,535	$1.445M	0.8%	$24.14	—	DEP SHS REPSTG	21870U304
HBIO	HARVARD BIOSCIENCE INC	378,225	$1.43M	0.8%	$3.83	+21.5%	COM	416906105
DAKT	DAKTRONICS INC	161,670	$1.402M	0.8%	$7.99	+8.5%	COM	234264109
HAIN	HAIN CELESTIAL GROUP INC	27,000	$1.393M	0.8%	$43.16	+46.7%	COM	405217100
LAND	GLADSTONE LD CORP	148,600	$1.364M	0.8%	$16.68	—	COM	376549101
—	MOCON INC	100,377	$1.355M	0.8%	$13.55	—	COM	607494101
—	CITY OFFICE REIT INC	116,285	$1.321M	0.8%	$12.70	—	COM	178587101
STKL	SUNOPTA INC	270,480	$1.315M	0.8%	$8.14	+11.5%	COM	8676EP108
FPI	FARMLAND PARTNERS INC	122,140	$1.282M	0.7%	$13.05	—	COM	31154R109
MPT	MEDICAL PPTYS TRUST INC	109,690	$1.213M	0.7%	$14.32	—	COM	58463J304
DMLP	DORCHESTER MINERALS LP	80,120	$1.159M	0.7%	$24.59	—	COM UNIT	25820R105
—	PICO HLDGS INC	119,321	$1.155M	0.7%	$20.96	—	COM NEW	693366205
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,693	$1.134M	0.7%	$110.02	+24.5%	CL B NEW	084670702
GOOD	GLADSTONE COML CORP	79,939	$1.128M	0.6%	$18.64	—	COM	376536108
—	OCI PARTNERS LP	111,910	$1.12M	0.6%	$16.00	—	COM UNIT REP LP	67091N108
—	ABAXIS INC	25,300	$1.113M	0.6%	$47.50	—	COM	002567105
—	OXFORD LANE CAP CORP	97,459	$1.112M	0.6%	$16.55	—	COM	691543102
—	SPECTRUM PHARMACEUTICALS I	184,210	$1.102M	0.6%	$7.46	—	COM	84763A108
—	ARLINGTON ASSET INVT CORP	77,415	$1.088M	0.6%	$26.71	—	CL A NEW	041356205
IEX	IDEX CORP	14,905	$1.063M	0.6%	$45.08	+43.1%	COM	45167R104
CTRE	CARETRUST REIT INC	92,295	$1.048M	0.6%	$17.85	—	COM	14174T107
CVU	CPI AEROSTRUCTURES INC	116,575	$1.027M	0.6%	$9.42	+2.2%	COM NEW	125919308
—	ARC LOGISTICS PARTNERS LP	76,310	$1.026M	0.6%	$21.99	—	COM UT REP LPN	03879N101
JKHY	HENRY JACK & ASSOC INC	14,650	$1.02M	0.6%	$39.46	+53.7%	COM	426281101
—	PEAK RESORTS INC	146,900	$1.012M	0.6%	$8.00	—	COM	70469L100
—	XPLORE TECHNOLOGIES CORP	186,875	$990K	0.6%	$3.50	—	COM PAR $0.001	983950700
—	SILVER WHEATON CORP	78,471	$942K	0.5%	$19.71	—	COM	828336107
RGLD	ROYAL GOLD INC	19,895	$935K	0.5%	$54.31	-5.3%	COM	780287108
—	MARKET VECTORS ETF TR	45,781	$897K	0.5%	$33.63	—	JR GOLD MINERS E	57061R544
—	SANDSTORM GOLD LTD	330,691	$883K	0.5%	$4.82	—	COM NEW	80013R206
MMLP	MARTIN MIDSTREAM PRTNRS L	35,495	$866K	0.5%	$44.10	—	UNIT L P INT	573331105
—	AIR INDS GROUP	92,700	$820K	0.5%	$10.85	—	COM NEW	00912N205
MLR	MILLER INDS INC TENN	41,060	$802K	0.5%	$11.36	+36.7%	COM NEW	600551204
—	KAYNE ANDERSON MLP INVT CO	34,020	$789K	0.5%	$39.10	—	COM	486606106
AG	FIRST MAJESTIC SILVER CORP	244,171	$781K	0.4%	$11.47	-69.6%	COM	32076V103
SJT	SAN JUAN BASIN RTY TR	80,465	$761K	0.4%	$16.05	—	UNIT BEN INT	798241105
MRTN	MARTEN TRANS LTD	45,987	$744K	0.4%	$4.79	+31.2%	COM	573075108
—	ATLANTIC COAST FINL CORP	128,850	$713K	0.4%	$4.30	—	COM	048426100
—	FLAHERTY&CRMN PFD SEC INCO	37,300	$699K	0.4%	$18.77	—	COM	338478100
—	GENERAL FIN CORP DEL	188,800	$699K	0.4%	$4.65	—	COM	369822101
ASUR	ASURE SOFTWARE INC	124,030	$697K	0.4%	$5.70	+3.0%	COM	04649U102
—	ADAMIS PHARMACEUTICALS COR	174,925	$677K	0.4%	$6.35	—	COM NEW	00547W208
CGIP	CELADON GROUP INC	40,555	$650K	0.4%	$18.16	+7.2%	COM	150838100
KTOS	KRATOS DEFENSE & SEC SOLUT	152,043	$642K	0.4%	$5.62	-10.4%	COM NEW	50077B207
UMH	U M H PROPERTIES INC	68,100	$633K	0.4%	$10.20	—	COM	903002103
—	GSE SYS INC	422,665	$630K	0.4%	$1.51	—	COM	36227K106
FNV	FRANCO NEVADA CORP	14,220	$626K	0.4%	$34.68	+10.9%	COM	351858105
ICLR	ICON PLC	8,800	$625K	0.4%	$32.90	+128.8%	SHS	G4705A100
SAM	BOSTON BEER INC	2,950	$621K	0.4%	$158.63	+39.4%	CL A	100557107
TIP	ISHARES TR	5,450	$603K	0.3%	$112.13	—	TIPS BD ETF	464287176
DXLG	DESTINATION XL GROUP INC	101,555	$590K	0.3%	$5.24	+1.6%	COM	25065K104
—	FIRST POTOMAC RLTY TR	51,080	$562K	0.3%	$13.05	—	COM	33610F109
CDP	CORPORATE OFFICE PPTYS TR	25,980	$546K	0.3%	$25.50	—	SH BEN INT	22002T108
—	GOLDCORP INC NEW	41,846	$524K	0.3%	$24.73	—	COM	380956409
—	BOWL AMER INC	35,770	$517K	0.3%	$12.99	—	CL A	102565108
PCYO	PURECYCLE CORP	101,600	$503K	0.3%	$5.95	-17.4%	COM NEW	746228303
—	I D SYSTEMS INC	151,600	$487K	0.3%	$5.03	—	COM	449489103
—	SAJAN INC	100,250	$476K	0.3%	$5.17	—	COM NEW	79379T202
CPIX	CUMBERLAND PHARMACEUTICALS	81,090	$468K	0.3%	$4.97	+25.3%	COM	230770109
SLV	ISHARES SILVER TRUST	32,755	$454K	0.3%	$18.96	—	ISHARES	46428Q109
—	POWERSHS DB MULTI SECT COM	21,752	$454K	0.3%	$24.90	—	PS DB AGRICUL FD	73936B408
JYNT	JOINT CORP	68,400	$443K	0.3%	$6.38	+35.0%	COM	47973J102
—	SEASPAN CORP	28,088	$430K	0.2%	$20.75	—	SHS	Y75638109
—	MICRONET ENERTEC TECH INC	161,440	$425K	0.2%	$4.52	—	COM	595117102
RCMT	RCM TECHNOLOGIES INC	85,145	$419K	0.2%	$5.66	-10.1%	COM NEW	749360400
—	LEXINGTON REALTY TRUST	50,897	$412K	0.2%	$11.68	—	COM	529043101
—	RAND LOGISTICS INC	192,381	$404K	0.2%	$5.13	—	COM	752182105
—	LASALLE HOTEL PPTYS	14,080	$400K	0.2%	$24.69	—	COM SH BEN INT	517942108
—	AQUA METALS INC	73,900	$375K	0.2%	$5.07	—	COM	03837J101
—	SMARTPROS LTD	140,575	$374K	0.2%	$1.75	—	COM	83171G103
—	ADVANTAGE OIL & GAS LTD	68,610	$357K	0.2%	$3.94	—	COM	00765F101
SBNY	SIGNATURE BK NEW YORK N Y	2,450	$337K	0.2%	$82.88	—	COM	82669G104
USAC	USA COMPRESSION PARTNERS L	21,425	$309K	0.2%	$23.62	—	COMUNIT LTDPAR	90290N109
—	JAPAN SMALLER CAPTLZTN FD	30,322	$308K	0.2%	$8.57	—	COM	47109U104
—	ITUS CORP	60,800	$289K	0.2%	$4.75	—	COM NEW	45069V203
—	SENIOR HSG PPTYS TR	17,780	$288K	0.2%	$25.93	—	SH BEN INT	81721M109
AGFXF	DEUTSCHE BK AG LDN BRH	24,155	$268K	0.2%	$16.01	—	DB AGRIC LNG ETN	25154H533
—	PSIVIDA CORP	72,809	$266K	0.2%	$3.87	—	COM	74440J101
—	AKERS BIOSCIENCES INC	83,400	$263K	0.2%	$4.54	—	COM	00973E102
—	COGENTIX MED INC	209,234	$259K	0.1%	$1.62	—	COM	19243A104
—	SYNTHETIC BIOLOGICS INC	113,599	$258K	0.1%	$2.27	—	COM	87164U102
—	FIDUCIARY CLAYMORE MLP OPP	15,907	$249K	0.1%	$27.28	—	COM	31647Q106
—	GLADSTONE CAPITAL CORP	29,850	$243K	0.1%	$8.39	—	COM	376535100
SA	SEABRIDGE GOLD INC	39,705	$230K	0.1%	$11.28	-51.7%	COM	811916105
—	GP STRATEGIES CORP	10,050	$229K	0.1%	$23.78	—	COM	36225V104
—	TRUETT-HURST INC	231,000	$219K	0.1%	$5.85	—	CL A	897871109
—	CALAMOS GLOBAL TOTAL RETUR	19,250	$215K	0.1%	$13.87	—	COM SH BEN INT	128118106
JJSF	J & J SNACK FOODS CORP	1,800	$205K	0.1%	$96.57	0.0%	COM	466032109
—	BURCON NUTRASCIENCE CORP	107,686	$197K	0.1%	$2.52	—	COM	120831102
—	OHA INVT CORP	42,865	$181K	0.1%	$4.69	—	COM	67091U102
ACTG	ACACIA RESH CORP	19,815	$180K	0.1%	$22.79	-61.4%	ACACIA TCH COM	003881307
—	MEDLEY MGMT INC	26,500	$175K	0.1%	$16.88	—	CL A COM	58503T106
—	STRATEGIC HOTELS & RESORTS	12,200	$168K	0.1%	$11.68	—	COM	86272T106
—	QUALSTAR CORP	131,007	$149K	0.1%	$1.40	—	COM	74758R109
—	INVENTURE FOODS INC	16,200	$144K	0.1%	$8.35	—	COM	461212102
—	MARKET VECTORS ETF TR	10,465	$144K	0.1%	$24.50	—	GOLD MINER ETF	57060U100
—	RICEBRAN TECHNOLOGIES	65,425	$143K	0.1%	$4.98	—	COM NEW	762831204
—	SUPERCONDUCTOR TECHNOLOGIE	208,289	$129K	0.1%	$2.27	—	COM PAR $0.001	867931404
—	LAYNE CHRISTENSEN CO	18,655	$121K	0.1%	$19.52	—	COM	521050104
—	IMAGE SENSING SYS INC	32,110	$120K	0.1%	$7.35	—	COM	45244C104
—	SUPERIOR DRILLING PRODS IN	82,800	$110K	0.1%	$6.51	—	COM	868153107
—	AZURE MIDSTREAM PARTNERS L	18,625	$110K	0.1%	$11.87	—	COM UNIT LTD PAR	05501X100
—	CHECK CAP LTD	37,450	$104K	0.1%	$5.49	—	SHS	M2361E112
—	YAMANA GOLD INC	60,171	$102K	0.1%	$9.52	—	COM	98462Y100
—	GRAN TIERRA ENERGY INC	42,403	$90,000	0.1%	$6.02	—	COM	38500T101
—	MAGNUM HUNTER RES CORP DEL	231,228	$79,000	0.0%	$3.70	—	COM	55973B102
—	CELLECTAR BIOSCIENCES INC	39,250	$77,000	0.0%	$4.43	—	COM NEW	15117F203
—	CAMPUS CREST CMNTYS INC	13,000	$69,000	0.0%	$6.41	—	COM	13466Y105
—	RAIT FINANCIAL TRUST	10,000	$50,000	0.0%	$7.48	—	COM NEW	749227609
—	SILVERCREST MINES INC	55,900	$49,000	0.0%	$1.48	—	COM	828365106
—	PROFESSIONAL DIVERSITY NET	62,300	$46,000	0.0%	$4.19	—	COM	74312Y103
—	CELLECTAR BIOSCIENCES INC	30,000	$26,000	0.0%	$0.60	—	*W EXP 08/19/201	15117F112
—	XG TECHNOLOGY INC	38,270	$22,000	0.0%	$3.20	—	COM PAR$.00001	98372A309
—	RICEBRAN TECHNOLOGIES	44,400	$20,000	0.0%	$1.38	—	*W EXP 12/18/2018	762831113
—	MICRONET ENERTEC TECH INC	45,490	$18,000	0.0%	$0.75	—	*W EXP 04/15/2018	595117110
—	DAKOTA PLAINS HLDGS INC	16,800	$13,000	0.0%	$2.39	—	COM	234255107
—	CHECK CAP LTD	18,723	$10,000	0.0%	$1.01	—	*W EXP 02/28/202	M2361E120
—	ENSERVCO CORP	10,000	$7,000	0.0%	$2.40	—	COM	29358Y102
—	WAVE SYSTEMS CORP	41,655	$7,000	0.0%	$1.30	—	CL A PAR $0.01	943526400