Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
TYL	TYLER TECHNOLOGIES INC	37,475	$6.533M	3.9%	$64.83	+166.6%	COM	902252105
—	DHX MEDIA LTD	875,025	$5.793M	3.4%	$7.38	—	SHS VAR VTG	252406608
USPH	U S PHYSICAL THERAPY INC	83,988	$4.508M	2.7%	$26.44	+89.5%	COM	90337L108
—	II VI INC	237,344	$4.405M	2.6%	$16.26	—	COM	902104108
—	STERICYCLE INC	36,020	$4.344M	2.6%	$110.42	—	COM	858912108
CSV	CARRIAGE SVCS INC	178,277	$4.296M	2.5%	$15.84	+29.7%	COM	143905107
BCPC	BALCHEM CORP	54,455	$3.311M	2.0%	$41.81	+46.7%	COM	057665200
ENSG	ENSIGN GROUP INC	133,980	$3.032M	1.8%	$14.10	+43.1%	COM	29358P101
—	SPARTON CORP	146,950	$2.938M	1.7%	$17.24	—	COM	847235108
ACU	ACME UTD CORP	155,468	$2.705M	1.6%	$9.86	+42.2%	COM	004816104
—	TEAM INC	84,180	$2.69M	1.6%	$37.85	—	COM	878155100
—	KMG CHEMICALS INC	112,760	$2.596M	1.5%	$21.10	—	COM	482564101
NEO	NEOGENOMICS INC	324,023	$2.55M	1.5%	$3.81	+92.0%	COM NEW	64049M209
—	POWERSHARES ETF TR II	61,740	$2.542M	1.5%	$32.55	—	S&P SMCP UTI P	73937B837
KWR	QUAKER CHEM CORP	31,430	$2.428M	1.4%	$61.79	+30.8%	COM	747316107
—	GREAT AJAX CORP	197,275	$2.391M	1.4%	$14.53	—	COM	38983D300
—	SPARK ENERGY INC	107,917	$2.236M	1.3%	$17.37	—	CL A COM	846511103
NEWT	NEWTEK BUSINESS SVCS CORP	152,295	$2.181M	1.3%	$14.78	+5.4%	COM NEW	652526203
EPM	EVOLUTION PETROLEUM CORP	451,925	$2.174M	1.3%	$5.20	-36.9%	COM	30049A107
CUBI	CUSTOMERS BANCORP INC	79,770	$2.171M	1.3%	$25.43	+9.7%	COM	23204G100
—	SP PLUS CORP	90,230	$2.156M	1.3%	$26.01	—	COM	78469C103
—	GRAMERCY PPTY TR INC	275,858	$2.13M	1.3%	$12.61	—	COM NEW	38489R605
—	PREFERRED APT CMNTYS INC	157,545	$2.061M	1.2%	$8.77	—	COM	74039L103
TGEN	TECOGEN INC NEW	565,950	$1.981M	1.2%	$8.29	-56.9%	COM NEW	87876P201
WLDN	WILLDAN GROUP INC	234,169	$1.962M	1.2%	$2.63	+279.7%	COM	96924N100
—	CEDAR FAIR L P	33,745	$1.884M	1.1%	$41.41	—	DEPOSITRY UNIT	150185106
—	ENVIROSTAR INC	449,439	$1.874M	1.1%	$1.78	—	COM	29414M100
HDSN	HUDSON TECHNOLOGIES INC	618,900	$1.838M	1.1%	$3.65	-15.3%	COM	444144109
—	NAKED BRAND GROUP INC	456,681	$1.781M	1.1%	$3.90	—	COM NEW	629839200
STKL	SUNOPTA INC	259,655	$1.776M	1.0%	$8.14	-23.9%	COM	8676EP108
ECC	EAGLE PT CR CO LLC	106,315	$1.747M	1.0%	$20.10	—	COM	269808101
WELL	WELLTOWER INC	25,490	$1.734M	1.0%	$44.80	-1.1%	COM	95040Q104
—	BLUEROCK RESIDENTIAL GRW R	141,870	$1.681M	1.0%	$12.75	—	COM CL A	09627J102
MRCC	MONROE CAP CORP	122,687	$1.606M	0.9%	$3.65	+22.5%	COM	610335101
—	MONMOUTH REAL ESTATE INVT	148,930	$1.558M	0.9%	$9.87	—	CL A	609720107
IRT	INDEPENDENCE RLTY TR INC	206,575	$1.551M	0.9%	$8.70	—	COM	45378A106
INTT	INTEST CORP	348,235	$1.473M	0.9%	$3.27	+19.8%	COM	461147100
—	TORTOISE MLP FD INC	84,312	$1.464M	0.9%	$29.22	—	COM	89148B101
—	MOCON INC	95,752	$1.402M	0.8%	$13.55	—	COM	607494101
—	ROYCE MICRO-CAP TR INC	190,946	$1.386M	0.8%	$10.81	—	COM	780915104
PBA	PEMBINA PIPELINE CORP	63,065	$1.372M	0.8%	$24.32	-42.2%	COM	706327103
—	TRECORA RES	110,640	$1.371M	0.8%	$12.20	—	COM	894648104
—	ABAXIS INC	24,600	$1.37M	0.8%	$47.50	—	COM	002567105
—	CITY OFFICE REIT INC	112,385	$1.369M	0.8%	$12.70	—	COM	178587101
DAKT	DAKTRONICS INC	155,145	$1.353M	0.8%	$7.99	-0.2%	COM	234264109
—	LM FDG AMER INC	151,400	$1.346M	0.8%	$8.89	—	COM	502074107
—	S&W SEED CO	314,788	$1.328M	0.8%	$7.90	—	COM	785135104
SOHO	SOTHERLY HOTELS INC	209,650	$1.291M	0.8%	$6.87	—	COM	83600C103
FPI	FARMLAND PARTNERS INC	117,265	$1.286M	0.8%	$13.05	—	COM	31154R109
HBIO	HARVARD BIOSCIENCE INC	357,475	$1.24M	0.7%	$3.83	-10.7%	COM	416906105
LAND	GLADSTONE LD CORP	143,050	$1.237M	0.7%	$16.68	—	COM	376549101
MPT	MEDICAL PPTYS TRUST INC	105,135	$1.21M	0.7%	$14.32	—	COM	58463J304
—	TARGA RESOURCES PARTNERS L	71,954	$1.189M	0.7%	$47.12	—	COM UNIT	87611X105
—	PICO HLDGS INC	110,850	$1.144M	0.7%	$20.96	—	COM NEW	693366205
BRK/B	BERKSHIRE HATHAWAY INC DEL	8,593	$1.135M	0.7%	$110.02	+22.0%	CL B NEW	084670702
—	CORENERGY INFRASTRUCTURE T	61,095	$1.113M	0.7%	$24.14	—	DEP SHS REPSTG	21870U304
GOOD	GLADSTONE COML CORP	76,104	$1.11M	0.7%	$18.64	—	COM	376536108
HAIN	HAIN CELESTIAL GROUP INC	27,000	$1.091M	0.6%	$43.16	+5.1%	COM	405217100
IEX	IDEX CORP	14,105	$1.081M	0.6%	$45.08	+49.4%	COM	45167R104
JKHY	HENRY JACK & ASSOC INC	13,550	$1.058M	0.6%	$39.46	+72.3%	COM	426281101
CVU	CPI AEROSTRUCTURES INC	107,875	$1.05M	0.6%	$9.42	-2.6%	COM NEW	125919308
—	SHARPSPRING INC	327,668	$1.035M	0.6%	$3.16	—	COM	820054104
—	CORENERGY INFRASTRUCTURE T	68,092	$1.01M	0.6%	$14.83	—	COM NEW	21870U502
CTRE	CARETRUST REIT INC	89,689	$982K	0.6%	$17.85	—	COM	14174T107
—	SPECTRUM PHARMACEUTICALS I	161,710	$975K	0.6%	$7.46	—	COM	84763A108
—	ARC LOGISTICS PARTNERS LP	71,610	$950K	0.6%	$21.99	—	COM UT REP LPN	03879N101
—	GSE SYS INC	393,640	$945K	0.6%	$1.51	—	COM	36227K106
—	SILVER WHEATON CORP	75,871	$942K	0.6%	$19.71	—	COM	828336107
—	XPLORE TECHNOLOGIES CORP	182,175	$933K	0.6%	$3.50	—	COM PAR $0.001	983950700
—	ARLINGTON ASSET INVT CORP	69,930	$925K	0.5%	$26.71	—	CL A NEW	041356205
JYNT	JOINT CORP	148,650	$887K	0.5%	$6.30	-1.0%	COM	47973J102
—	ADAMIS PHARMACEUTICALS COR	163,975	$885K	0.5%	$6.35	—	COM NEW	00547W208
—	OXFORD LANE CAP CORP	87,849	$875K	0.5%	$16.55	—	COM	691543102
MLR	MILLER INDS INC TENN	39,510	$861K	0.5%	$11.36	+52.1%	COM NEW	600551204
—	SANDSTORM GOLD LTD	325,441	$856K	0.5%	$4.82	—	COM NEW	80013R206
—	MARKET VECTORS ETF TR	43,564	$837K	0.5%	$33.63	—	JR GOLD MINERS E	57061R544
—	PEAK RESORTS INC	136,200	$819K	0.5%	$8.00	—	COM	70469L100
AG	FIRST MAJESTIC SILVER CORP	250,027	$818K	0.5%	$11.28	-70.2%	COM	32076V103
—	OCI PARTNERS LP	110,019	$784K	0.5%	$16.00	—	COM UNIT REP LP	67091N108
MRTN	MARTEN TRANS LTD	43,937	$778K	0.5%	$4.79	+17.9%	COM	573075108
—	FLAHERTY&CRMN PFD SEC INCO	36,950	$741K	0.4%	$18.77	—	COM	338478100
MMLP	MARTIN MIDSTREAM PRTNRS L	33,710	$732K	0.4%	$44.10	—	UNIT L P INT	573331105
—	GENERAL FIN CORP DEL	180,300	$719K	0.4%	$4.65	—	COM	369822101
—	ATLANTIC COAST FINL CORP	121,750	$713K	0.4%	$4.30	—	COM	048426100
RGLD	ROYAL GOLD INC	19,470	$710K	0.4%	$54.31	-23.1%	COM	780287108
—	AIR INDS GROUP	85,100	$694K	0.4%	$10.85	—	COM NEW	00912N205
—	OCULUS INNOVATIVE SCIENCES	581,126	$668K	0.4%	$1.15	—	COM NEW	67575P207
UMH	UMH PPTYS INC	65,625	$664K	0.4%	$10.20	—	COM	903002103
DMLP	DORCHESTER MINERALS LP	67,175	$664K	0.4%	$24.59	—	COM UNIT	25820R105
—	I D SYSTEMS INC	140,450	$646K	0.4%	$5.03	—	COM	449489103
FNV	FRANCO NEVADA CORP	13,670	$625K	0.4%	$34.68	+25.4%	COM	351858105
ICLR	ICON PLC	7,800	$606K	0.4%	$32.90	+117.1%	SHS	G4705A100
SAM	BOSTON BEER INC	2,950	$596K	0.4%	$158.63	+38.2%	CL A	100557107
KTOS	KRATOS DEFENSE & SEC SOLUT	145,143	$595K	0.4%	$5.62	-21.3%	COM NEW	50077B207
TIP	ISHARES TR	5,240	$575K	0.3%	$112.13	—	TIPS BD ETF	464287176
—	FIRST POTOMAC RLTY TR	49,270	$562K	0.3%	$13.05	—	COM	33610F109
—	KAYNE ANDERSON MLP INVT CO	32,195	$557K	0.3%	$39.10	—	COM	486606106
CDP	CORPORATE OFFICE PPTYS TR	25,000	$546K	0.3%	$25.50	—	SH BEN INT	22002T108
ASUR	ASURE SOFTWARE INC	118,893	$536K	0.3%	$5.70	-8.5%	COM	04649U102
DXLG	DESTINATION XL GROUP INC	95,255	$526K	0.3%	$5.24	+3.5%	COM	25065K104
—	BOWL AMER INC	33,850	$482K	0.3%	$12.99	—	CL A	102565108
—	GOLDCORP INC NEW	40,496	$468K	0.3%	$24.73	—	COM	380956409
RCMT	RCM TECHNOLOGIES INC	82,995	$456K	0.3%	$5.66	-9.7%	COM NEW	749360400
PCYO	PURECYCLE CORP	94,600	$454K	0.3%	$5.95	-17.7%	COM NEW	746228303
—	SEASPAN CORP	27,560	$436K	0.3%	$20.75	—	SHS	Y75638109
SLV	ISHARES SILVER TRUST	32,070	$423K	0.2%	$18.96	—	ISHARES	46428Q109
—	POWERSHS DB MULTI SECT COM	20,232	$417K	0.2%	$24.90	—	PS DB AGRICUL FD	73936B408
CPIX	CUMBERLAND PHARMACEUTICALS	78,625	$414K	0.2%	$4.97	+14.6%	COM	230770109
—	LEXINGTON REALTY TRUST	49,110	$393K	0.2%	$11.68	—	COM	529043101
CGIP	CELADON GROUP INC	38,965	$385K	0.2%	$18.16	-26.6%	COM	150838100
—	XTANT MED HLDGS INC	136,751	$383K	0.2%	$2.80	—	COM	98420P100
—	AQUA METALS INC	70,450	$375K	0.2%	$5.07	—	COM	03837J101
SBNY	SIGNATURE BK NEW YORK N Y	2,400	$368K	0.2%	$82.88	—	COM	82669G104
—	LASALLE HOTEL PPTYS	13,890	$349K	0.2%	$24.69	—	COM SH BEN INT	517942108
—	SAJAN INC	92,700	$348K	0.2%	$5.17	—	COM NEW	79379T202
—	PSIVIDA CORP	71,809	$346K	0.2%	$3.87	—	COM	74440J101
—	TRUETT-HURST INC	221,550	$321K	0.2%	$5.85	—	CL A	897871109
—	MICRONET ENERTEC TECH INC	152,590	$320K	0.2%	$4.52	—	COM	595117102
SA	SEABRIDGE GOLD INC	38,355	$318K	0.2%	$11.28	-30.3%	COM	811916105
—	ADVANTAGE OIL & GAS LTD	61,800	$314K	0.2%	$3.94	—	COM	00765F101
—	JAPAN SMALLER CAPTLZTN FD	30,322	$310K	0.2%	$8.57	—	COM	47109U104
SJT	SAN JUAN BASIN RTY TR	72,665	$301K	0.2%	$16.05	—	UNIT BEN INT	798241105
—	RAND LOGISTICS INC	159,905	$256K	0.2%	$5.13	—	COM	752182105
AGFXF	DEUTSCHE BK AG LDN BRH	23,210	$255K	0.2%	$16.01	—	DB AGRIC LNG ETN	25154H533
—	SENIOR HSG PPTYS TR	17,195	$255K	0.2%	$25.93	—	SH BEN INT	81721M109
—	SYNTHETIC BIOLOGICS INC	107,899	$247K	0.1%	$2.27	—	COM	87164U102
—	COGENTIX MED INC	187,005	$241K	0.1%	$1.62	—	COM	19243A104
—	GP STRATEGIES CORP	9,250	$232K	0.1%	$23.78	—	COM	36225V104
USAC	USA COMPRESSION PARTNERS L	19,825	$228K	0.1%	$23.62	—	COMUNIT LTDPAR	90290N109
TEVA	TEVA PHARMACEUTICAL INDS L	3,310	$217K	0.1%	$65.56	—	ADR	881624209
—	CALAMOS GLOBAL TOTAL RETUR	18,750	$214K	0.1%	$13.87	—	COM SH BEN INT	128118106
—	GLADSTONE CAPITAL CORP	29,050	$212K	0.1%	$8.39	—	COM	376535100
JJSF	J & J SNACK FOODS CORP	1,800	$210K	0.1%	$96.57	+2.9%	COM	466032109
—	FIDUCIARY CLAYMORE MLP OPP	15,357	$199K	0.1%	$27.28	—	COM	31647Q106
—	ITUS CORP	60,800	$183K	0.1%	$4.75	—	COM NEW	45069V203
—	OHA INVT CORP	41,115	$156K	0.1%	$4.69	—	COM	67091U102
—	LM FDG AMER INC	151,400	$151K	0.1%	$1.00	—	*W EXP 11/30/202	502074115
—	MARKET VECTORS ETF TR	10,465	$144K	0.1%	$24.50	—	GOLD MINER ETF	57060U100
—	BURCON NUTRASCIENCE CORP	94,130	$143K	0.1%	$2.52	—	COM	120831102
—	RICEBRAN TECHNOLOGIES	62,375	$118K	0.1%	$4.98	—	COM NEW	762831204
—	INVENTURE FOODS INC	16,200	$115K	0.1%	$8.35	—	COM	461212102
—	MEDLEY MGMT INC	17,500	$100K	0.1%	$16.88	—	CL A COM	58503T106
—	IMAGE SENSING SYS INC	27,060	$99,000	0.1%	$7.35	—	COM	45244C104
—	LAYNE CHRISTENSEN CO	17,755	$93,000	0.1%	$19.52	—	COM	521050104
—	YAMANA GOLD INC	49,579	$92,000	0.1%	$9.52	—	COM	98462Y100
—	CAMPUS CREST CMNTYS INC	12,800	$87,000	0.1%	$6.41	—	COM	13466Y105
—	AKERS BIOSCIENCES INC	72,000	$87,000	0.1%	$4.54	—	COM	00973E102
ACTG	ACACIA RESH CORP	18,215	$78,000	0.0%	$22.79	-71.2%	ACACIA TCH COM	003881307
—	GRAN TIERRA ENERGY INC	36,153	$78,000	0.0%	$6.02	—	COM	38500T101
—	CHECK CAP LTD	33,650	$64,000	0.0%	$5.49	—	SHS	M2361E112
—	SUPERIOR DRILLING PRODS IN	55,700	$56,000	0.0%	$6.51	—	COM	868153107
—	SUPERCONDUCTOR TECHNOLOGIE	164,294	$35,000	0.0%	$2.27	—	COM PAR $0.001	867931404
—	CELLECTAR BIOSCIENCES INC	39,250	$29,000	0.0%	$4.43	—	COM NEW	15117F203
—	RAIT FINANCIAL TRUST	10,000	$27,000	0.0%	$7.48	—	COM NEW	749227609
—	PROFESSIONAL DIVERSITY NET	52,350	$26,000	0.0%	$4.19	—	COM	74312Y103
—	RICEBRAN TECHNOLOGIES	42,700	$21,000	0.0%	$1.38	—	*W EXP 12/18/201	762831113
—	CELLECTAR BIOSCIENCES INC	30,000	$17,000	0.0%	$0.60	—	*W EXP 08/19/201	15117F112
—	CHECK CAP LTD	17,574	$12,000	0.0%	$1.01	—	*W EXP 02/28/202	M2361E120
—	MICRONET ENERTEC TECH INC	42,615	$10,000	0.0%	$0.75	—	*W EXP 04/15/201	595117110
—	XG TECHNOLOGY INC	27,470	$6,000	0.0%	$0.22	—	COM PAR NEW	98372A507
—	ENSERVCO CORP	10,000	$5,000	0.0%	$2.40	—	COM	29358Y102
—	DAKOTA PLAINS HLDGS INC	16,200	$4,000	0.0%	$2.39	—	COM	234255107