Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	II VI INC	220,274	$6.531M	3.0%	$16.26	—	COM	902104108
USPH	U S PHYSICAL THERAPY INC	80,223	$5.632M	2.6%	$26.44	+140.5%	COM	90337L108
WLDN	WILLDAN GROUP INC	233,464	$5.274M	2.4%	$2.91	+597.0%	COM	96924N100
HDSN	HUDSON TECHNOLOGIES INC	637,300	$5.105M	2.4%	$3.61	+95.8%	COM	444144109
CSV	CARRIAGE SVCS INC	165,862	$4.75M	2.2%	$15.84	+45.0%	COM	143905107
—	DHX MEDIA LTD	886,275	$4.653M	2.2%	$7.35	—	SHS VAR VTG	252406608
EPM	EVOLUTION PETROLEUM CORP	427,175	$4.272M	2.0%	$5.20	-9.5%	COM	30049A107
BCPC	BALCHEM CORP	49,243	$4.132M	1.9%	$41.81	+79.1%	COM	057665200
—	KMG CHEMICALS INC	105,560	$4.105M	1.9%	$21.10	—	COM	482564101
USAC	USA COMPRESSION PARTNERS	234,707	$4.06M	1.9%	$12.71	—	COMUNIT LTDPAR	90290N109
ACU	ACME UTD CORP	151,768	$3.881M	1.8%	$9.91	+83.7%	COM	004816104
—	ENVIROSTAR INC	258,705	$3.751M	1.7%	$1.85	—	COM	29414M100
KWR	QUAKER CHEM CORP	28,280	$3.618M	1.7%	$61.79	+90.4%	COM	747316107
—	SPARTON CORP	142,560	$3.4M	1.6%	$17.25	—	COM	847235108
—	TEAM INC	84,125	$3.302M	1.5%	$37.64	—	COM	878155100
TYL	TYLER TECHNOLOGIES INC	22,700	$3.241M	1.5%	$64.83	+139.4%	COM	902252105
ENSG	ENSIGN GROUP INC	134,620	$2.99M	1.4%	$14.16	+32.9%	COM	29358P101
—	POWERSHARES ETF TR II	60,540	$2.896M	1.3%	$32.55	—	S&P SMCP UTI P	73937B837
CUBI	CUSTOMERS BANCORP INC	80,460	$2.882M	1.3%	$25.45	+16.1%	COM	23204G100
—	SPARK ENERGY INC	91,015	$2.758M	1.3%	$17.37	—	CL A COM	846511103
NEWT	NEWTEK BUSINESS SVCS CORP	165,597	$2.633M	1.2%	$14.64	+2.3%	COM NEW	652526203
—	STERICYCLE INC	33,530	$2.583M	1.2%	$110.42	—	COM	858912108
—	GREAT AJAX CORP	188,840	$2.506M	1.2%	$14.53	—	COM	38983D300
NEO	NEOGENOMICS INC	288,923	$2.476M	1.1%	$3.81	+124.5%	COM NEW	64049M209
TGEN	TECOGEN INC NEW	578,600	$2.43M	1.1%	$8.17	-49.4%	COM NEW	87876P201
—	CORENERGY INFRASTRUCTURE	69,580	$2.427M	1.1%	$15.19	—	COM NEW	21870U502
TRGP	TARGA RES CORP	41,123	$2.306M	1.1%	$15.07	+127.8%	COM	87612G101
—	GRAMERCY PPTY TR	248,781	$2.284M	1.1%	$8.45	—	COM	385002100
—	PREFERRED APT CMNTYS INC	149,545	$2.23M	1.0%	$8.77	—	COM	74039L103
—	ROYCE MICRO-CAP TR INC	263,801	$2.153M	1.0%	$9.46	—	COM	780915104
LOAN	MANHATTAN BRIDGE CAPITAL	274,625	$2.087M	1.0%	$6.94	—	COM	562803106
ECC	EAGLE PT CR CO LLC	121,983	$2.038M	0.9%	$19.66	—	COM	269808101
—	MONMOUTH REAL ESTATE INVT	133,630	$2.037M	0.9%	$9.87	—	CL A	609720107
—	SP PLUS CORP	69,790	$1.965M	0.9%	$26.01	—	COM	78469C103
—	LANDMARK INFRASTRUCTURE L	126,575	$1.93M	0.9%	$16.68	—	COM UNIT LTD	51508J108
ACRE	ARES COML REAL ESTATE COR	138,525	$1.902M	0.9%	$13.73	—	COM	04013V108
PBA	PEMBINA PIPELINE CORP	60,102	$1.882M	0.9%	$24.32	-23.3%	COM	706327103
—	BLUEROCK RESIDENTIAL GRW	135,770	$1.863M	0.9%	$12.75	—	COM CL A	09627J102
MRCC	MONROE CAP CORP	119,887	$1.852M	0.9%	$3.65	+41.7%	COM	610335101
—	GENIUS BRANDS INTL INC	337,690	$1.827M	0.8%	$5.41	—	COM PAR	37229T301
—	SHARPSPRING INC	334,323	$1.762M	0.8%	$3.27	—	COM	820054104
IRT	INDEPENDENCE RLTY TR INC	197,075	$1.758M	0.8%	$8.70	—	COM	45378A106
STKL	SUNOPTA INC	243,720	$1.718M	0.8%	$8.14	-14.4%	COM	8676EP108
GWRS	GLOBAL WTR RES INC	185,225	$1.686M	0.8%	$5.79	+11.4%	COM	379463102
—	MOCON INC	85,462	$1.667M	0.8%	$13.55	—	COM	607494101
WELL	WELLTOWER INC	24,542	$1.643M	0.8%	$44.80	+5.5%	COM	95040Q104
AG	FIRST MAJESTIC SILVER COR	212,380	$1.62M	0.8%	$11.28	-27.0%	COM	32076V103
INTT	INTEST CORP	348,540	$1.603M	0.7%	$3.28	+27.2%	COM	461147100
—	PICO HLDGS INC	102,895	$1.559M	0.7%	$20.96	—	COM NEW	693366205
DAKT	DAKTRONICS INC	145,420	$1.556M	0.7%	$7.99	+7.1%	COM	234264109
—	TRECORA RES	110,625	$1.532M	0.7%	$12.26	—	COM	894648104
LAND	GLADSTONE LD CORP	135,350	$1.521M	0.7%	$16.68	—	COM	376549101
—	TORTOISE MLP FD INC	79,232	$1.512M	0.7%	$29.22	—	COM	89148B101
GOOD	GLADSTONE COML CORP	72,404	$1.455M	0.7%	$18.64	—	COM	376536108
GDXJ	VANECK VECTORS ETF TR	46,004	$1.451M	0.7%	$41.67	—	JR GOLD MINERS E	92189F791
—	CORENERGY INFRASTRUCTURE	58,805	$1.447M	0.7%	$24.14	—	DEP SHS REPSTG	21870U304
—	WHEELER REAL ESTATE INVT TR	61,095	$1.436M	0.7%	$25.50	—	PFD CNV SER D	963025606
—	CEDAR FAIR L P	22,146	$1.422M	0.7%	$41.41	—	DEPOSITRY UNIT	150185106
—	CITY OFFICE REIT INC	106,410	$1.401M	0.7%	$12.70	—	COM	178587101
SOHO	SOTHERLY HOTELS INC	198,661	$1.349M	0.6%	$6.87	—	COM	83600C103
—	SILVER WHEATON CORP	69,712	$1.347M	0.6%	$19.71	—	COM	828336107
—	S&W SEED CO	284,763	$1.31M	0.6%	$7.90	—	COM	785135104
—	GLOBALSCAPE INC	316,995	$1.29M	0.6%	$3.81	—	COM	37940G109
—	GSE SYS INC	366,690	$1.283M	0.6%	$1.51	—	COM	36227K106
FPI	FARMLAND PARTNERS INC	111,025	$1.239M	0.6%	$13.05	—	COM	31154R109
—	ABAXIS INC	23,400	$1.235M	0.6%	$47.50	—	COM	002567105
MPT	MEDICAL PPTYS TRUST INC	98,487	$1.211M	0.6%	$14.32	—	COM	58463J304
—	SANDSTORM GOLD LTD	308,903	$1.205M	0.6%	$4.82	—	COM NEW	80013R206
—	OCI PARTNERS LP	143,450	$1.198M	0.6%	$11.70	—	COM UNIT REP LP	67091N108
CTRE	CARETRUST REIT INC	76,355	$1.17M	0.5%	$17.85	—	COM	14174T107
RGLD	ROYAL GOLD INC	18,383	$1.165M	0.5%	$54.31	+25.4%	COM	780287108
IEX	IDEX CORP	12,905	$1.162M	0.5%	$45.08	+79.4%	COM	45167R104
KTOS	KRATOS DEFENSE & SEC SOLU	154,340	$1.142M	0.5%	$5.42	+24.5%	COM NEW	50077B207
ASUR	ASURE SOFTWARE INC	133,818	$1.139M	0.5%	$5.70	+36.9%	COM	04649U102
BRK/B	BERKSHIRE HATHAWAY INC DE	6,748	$1.1M	0.5%	$110.02	+39.9%	CL B NEW	084670702
HBIO	HARVARD BIOSCIENCE INC	359,525	$1.097M	0.5%	$3.77	-32.6%	COM	416906105
DMLP	DORCHESTER MINERALS LP	61,535	$1.08M	0.5%	$24.59	—	COM UNIT	25820R105
ASM	AVINO SILVER & GOLD MINES	776,700	$1.064M	0.5%	$0.95	+80.2%	COM	053906103
—	ARC LOGISTICS PARTNERS LP	66,210	$1.055M	0.5%	$21.99	—	COM UT REP LPN	03879N101
HAIN	HAIN CELESTIAL GROUP INC	26,020	$1.016M	0.5%	$43.16	-13.2%	COM	405217100
—	GENERAL FIN CORP DEL	179,800	$998K	0.5%	$4.64	—	COM	369822101
—	ARLINGTON ASSET INVT CORP	66,289	$982K	0.5%	$26.71	—	CL A NEW	041356205
AIRG	AIRGAIN INC	67,580	$973K	0.5%	$12.67	+29.6%	COM	00938A104
MRTN	MARTEN TRANS LTD	41,627	$970K	0.5%	$4.79	+55.8%	COM	573075108
CVU	CPI AEROSTRUCTURES INC	101,625	$940K	0.4%	$9.39	-21.8%	COM NEW	125919308
UWM	PROSHARES TR	8,200	$914K	0.4%	$75.58	—	PSHS ULTRUSS2000	74347R842
—	POLAR PWR INC	100,500	$899K	0.4%	$8.95	—	COM	73102V105
UMH	UMH PPTYS INC	58,400	$879K	0.4%	$10.20	—	COM	903002103
—	OXFORD LANE CAP CORP	79,039	$831K	0.4%	$16.55	—	COM	691543102
JKHY	HENRY JACK & ASSOC INC	9,300	$826K	0.4%	$39.46	+94.0%	COM	426281101
—	TRUETT-HURST INC	457,844	$815K	0.4%	$3.64	—	CL A	897871109
MLR	MILLER INDS INC TENN	30,485	$806K	0.4%	$11.36	+75.5%	COM NEW	600551204
—	ATLANTIC COAST FINL CORP	114,450	$778K	0.4%	$4.30	—	COM	048426100
FNV	FRANCO NEVADA CORP	12,991	$776K	0.4%	$34.68	+60.3%	COM	351858105
CDP	CORPORATE OFFICE PPTYS TR	23,041	$719K	0.3%	$25.50	—	SH BEN INT	22002T108
—	I D SYSTEMS INC	128,080	$694K	0.3%	$5.03	—	COM	449489103
—	PEAK RESORTS INC	118,575	$658K	0.3%	$8.00	—	COM	70469L100
—	FLAHERTY&CRMN PFD SEC INC	34,600	$652K	0.3%	$18.77	—	COM	338478100
—	SONOMA PHARMACEUTICALS IN	125,599	$633K	0.3%	$5.04	—	COM	83558L105
—	LM FDG AMER INC	154,450	$629K	0.3%	$8.87	—	COM	502074107
—	KAYNE ANDERSON MLP INVT C	30,600	$599K	0.3%	$39.10	—	COM	486606106
—	SPECTRUM PHARMACEUTICALS	134,430	$596K	0.3%	$7.46	—	COM	84763A108
TIP	ISHARES TR	5,240	$593K	0.3%	$112.13	—	TIPS BD ETF	464287176
PCYO	PURECYCLE CORP	101,600	$559K	0.3%	$5.88	-10.8%	COM NEW	746228303
—	HOOPER HOLMES INC	675,713	$558K	0.3%	$1.21	—	COM NEW	439104209
—	GOLDCORP INC NEW	40,696	$553K	0.3%	$24.23	—	COM	380956409
CPIX	CUMBERLAND PHARMACEUTICAL	92,515	$509K	0.2%	$4.94	+5.6%	COM	230770109
RCMT	RCM TECHNOLOGIES INC	79,595	$506K	0.2%	$5.66	+17.2%	COM NEW	749360400
—	FIRST POTOMAC RLTY TR	45,570	$500K	0.2%	$13.05	—	COM	33610F109
—	ADAMIS PHARMACEUTICALS CO	156,000	$491K	0.2%	$6.35	—	COM NEW	00547W208
—	BOWL AMER INC	29,725	$490K	0.2%	$12.99	—	CL A	102565108
—	AQUA METALS INC	35,700	$468K	0.2%	$5.07	—	COM	03837J101
SLV	ISHARES SILVER TRUST	30,395	$459K	0.2%	$18.94	—	ISHARES	46428Q109
—	LEXINGTON REALTY TRUST	40,625	$439K	0.2%	$11.68	—	COM	529043101
—	NAKED BRAND GROUP INC	426,043	$435K	0.2%	$3.90	—	COM NEW	629839200
SAM	BOSTON BEER INC	2,550	$433K	0.2%	$158.63	+4.4%	CL A	100557107
—	LASALLE HOTEL PPTYS	13,715	$418K	0.2%	$24.69	—	COM SH BEN INT	517942108
SRTS	SENSUS HEATLHCARE INC	79,000	$415K	0.2%	$6.26	-6.2%	COM	81728J109
—	DARIOHEALTH CORP	121,439	$395K	0.2%	$3.55	—	COM	23725P100
DXLG	DESTINATION XL GROUP INC	92,255	$392K	0.2%	$5.24	-18.5%	COM	25065K104
—	POWERSHS DB MULTI SECT CO	18,442	$368K	0.2%	$24.90	—	PS DB AGRICUL FD	73936B408
SBNY	SIGNATURE BK NEW YORK N Y	2,350	$353K	0.2%	$82.88	—	COM	82669G104
—	ADVANTAGE OIL & GAS LTD	51,050	$345K	0.2%	$3.94	—	COM	00765F101
—	XPLORE TECHNOLOGIES CORP	166,750	$337K	0.2%	$3.50	—	COM PAR $0.001	983950700
—	SAJAN INC	89,150	$334K	0.2%	$5.17	—	COM NEW	79379T202
—	COGENTIX MED INC	162,457	$327K	0.2%	$1.62	—	COM	19243A104
—	SENIOR HSG PPTYS TR	16,120	$305K	0.1%	$25.93	—	SH BEN INT	81721M109
HASI	HANNON ARMSTRONG SUST INF	15,100	$287K	0.1%	$12.78	0.0%	COM	41068X100
MVIS	MICROVISION INC DEL	222,294	$280K	0.1%	$2.55	-50.0%	COM NEW	594960304
—	ITUS CORP	51,200	$276K	0.1%	$4.75	—	COM NEW	45069V203
—	INUVO INC	162,500	$271K	0.1%	$1.67	—	COM NEW	46122W204
—	INTRICON CORP	38,500	$266K	0.1%	$5.34	—	COM	46121H109
—	JAPAN SMALLER CAPTLZTN FD	27,321	$266K	0.1%	$8.57	—	COM	47109U104
—	GP STRATEGIES CORP	9,150	$262K	0.1%	$23.78	—	COM	36225V104
—	GLADSTONE CAPITAL CORP	27,350	$257K	0.1%	$8.39	—	COM	376535100
ICLR	ICON PLC	3,400	$256K	0.1%	$32.90	+136.1%	SHS	G4705A100
—	INVENTURE FOODS INC	25,950	$256K	0.1%	$7.27	—	COM	461212102
SA	SEABRIDGE GOLD INC	30,765	$251K	0.1%	$11.28	-12.7%	COM	811916105
—	COLLECTORS UNIVERSE INC	11,700	$248K	0.1%	$21.20	—	COM NEW	19421R200
JJSF	J & J SNACK FOODS CORP	1,800	$240K	0.1%	$89.98	+17.2%	COM	466032109
GDX	VANECK VECTORS ETF TR	11,395	$238K	0.1%	$27.11	—	GOLD MINERS ETF	92189F106
—	FIDUCIARY CLAYMORE MLP OP	15,607	$232K	0.1%	$26.45	—	COM	31647Q106
—	SEASPAN CORP	23,633	$216K	0.1%	$20.75	—	SHS	Y75638109
—	COMBIMATRIX CORPORATION	80,508	$213K	0.1%	$2.82	—	COM PAR	20009T501
—	AIR INDS GROUP	65,340	$206K	0.1%	$10.85	—	COM NEW	00912N205
—	MICRONET ENERTEC TECH INC	143,440	$191K	0.1%	$4.52	—	COM	595117102
—	CALAMOS GLOBAL TOTAL RETU	17,875	$188K	0.1%	$13.87	—	COM SH BEN INT	128118106
JYNT	JOINT CORP	68,200	$181K	0.1%	$6.30	-61.2%	COM	47973J102
AGFXF	DEUTSCHE BK AG LDN BRH	19,120	$179K	0.1%	$16.01	—	DB AGRIC LNG ETN	25154H533
—	PSIVIDA CORP	101,109	$173K	0.1%	$3.45	—	COM	74440J101
—	PLANET PAYMENT INC	39,550	$161K	0.1%	$4.07	—	SHS	U72603118
—	IMPRIMIS PHARMACEUTICALS	64,500	$161K	0.1%	$3.97	—	COM NEW	45323A201
—	MEDLEY MGMT INC	16,000	$158K	0.1%	$16.88	—	CL A COM	58503T106
—	BURCON NUTRASCIENCE CORP	79,383	$156K	0.1%	$2.52	—	COM	120831102
CECO	CECO ENVIRONMENTAL CORP	11,125	$155K	0.1%	$11.85	0.0%	COM	125141101
—	LAYNE CHRISTENSEN CO	13,890	$151K	0.1%	$19.52	—	COM	521050104
—	EMCORE CORP	17,000	$148K	0.1%	$5.94	—	COM NEW	290846203
—	AKERS BIOSCIENCES INC	62,700	$119K	0.1%	$4.54	—	COM	00973E102
—	YAMANA GOLD INC	35,813	$101K	0.0%	$9.52	—	COM	98462Y100
—	GRAN TIERRA ENERGY INC	30,653	$93,000	0.0%	$6.02	—	COM	38500T101
—	IMAGE SENSING SYS INC	24,360	$90,000	0.0%	$7.35	—	COM	45244C104
CRWS	CROWN CRAFTS INC	10,235	$79,000	0.0%	$4.51	0.0%	COM	228309100
—	IZEA INC	17,400	$78,000	0.0%	$7.64	—	COM	46603N301
—	CHECK CAP LTD	30,000	$71,000	0.0%	$5.49	—	SHS	M2361E112
—	SYNTHETIC BIOLOGICS INC	87,999	$67,000	0.0%	$2.27	—	COM	87164U102
—	RICEBRAN TECHNOLOGIES	59,975	$62,000	0.0%	$4.98	—	COM NEW	762831204
—	SUPERIOR DRILLING PRODS I	47,000	$62,000	0.0%	$6.51	—	COM	868153107
—	OHA INVT CORP	33,615	$58,000	0.0%	$4.69	—	COM	67091U102
—	DARIOHEALTH CORP	78,189	$51,000	0.0%	$0.67	—	*W EXP 03/08/202	23725P118
—	SENSUS HEATLHCARE INC	79,000	$40,000	0.0%	$1.27	—	*W EXP 06/08/201	81728J117
—	COMBIMATRIX CORPORATION	78,552	$34,000	0.0%	$0.67	—	*W EXP 03/18/202	20009T147
—	LM FDG AMER INC	145,400	$29,000	0.0%	$1.00	—	*W EXP 11/30/202	502074115
—	RICEBRAN TECHNOLOGIES	41,900	$10,000	0.0%	$1.38	—	W EXP 12/18/201	762831113
—	CHECK CAP LTD	15,974	$10,000	0.0%	$1.01	—	*W EXP 02/28/202	M2361E120
—	ENSERVCO CORP	10,000	$6,000	0.0%	$2.40	—	COM	29358Y102
—	MICRONET ENERTEC TECH INC	40,765	$3,000	0.0%	$0.75	—	*W EXP 04/15/201	595117110