Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	BERRY GLOBAL GROUP INC	368,809	$20.21M	10.5%	$50.03	—	COM	08579W103
STRL	STERLING CONSTRUCTION CO INC	1,193,965	$13.68M	7.1%	$8.38	+57.6%	COM	859241101
—	ALLIANCE ONE INTL INC	448,426	$11.68M	6.1%	$14.87	—	COM NEW	018772301
—	HILL INTERNATIONAL INC	1,764,158	$10.06M	5.2%	$5.06	—	COM	431466101
EZPW	EZCORP INC	639,485	$8.441M	4.4%	$10.68	+19.6%	CL A NON VTG	302301106
MTZ	MASTEC INC	158,256	$7.446M	3.9%	$37.94	+33.6%	COM	576323109
RLGT	RADIANT LOGISTICS INC	1,784,408	$6.906M	3.6%	$4.10	+3.9%	COM	75025X100
—	TEAM INC	419,776	$5.772M	3.0%	$15.17	—	COM	878155100
—	PRGX GLOBAL INC	542,462	$5.126M	2.7%	$7.18	—	COM NEW	69357C503
—	TESSCO TECHNOLOGIES INC	218,011	$5.047M	2.6%	$20.56	—	COM	872386107
—	UNIVERSAL STAINLESS & ALLOY	181,380	$4.988M	2.6%	$16.49	—	COM	913837100
MTRX	MATRIX SVC CO	355,918	$4.876M	2.5%	$13.95	+17.9%	COM	576853105
—	TRINITY BIOTECH PLC	942,227	$4.852M	2.5%	$6.63	—	SPON ADR NEW	896438306
FSTR	FOSTER L B CO	198,452	$4.674M	2.4%	$14.80	+74.5%	COM	350060109
—	R1 RCM INC	600,155	$4.285M	2.2%	$6.35	—	COM	749397105
ACNT	SYNALLOY CP DEL	248,111	$3.622M	1.9%	$10.88	+24.8%	COM	871565107
—	GENERAL CABLE CORP DEL NEW	121,256	$3.589M	1.9%	$18.82	—	COM	369300108
—	FIESTA RESTAURANT GROUP INC	179,972	$3.329M	1.7%	$18.67	—	COM	31660B101
FN	FABRINET	103,762	$3.256M	1.7%	$35.50	-16.9%	SHS	G3323L100
—	HOUSTON WIRE & CABLE CO	436,277	$3.196M	1.7%	$6.54	—	COM	44244K109
UTI	UNIVERSAL TECHNICAL INST INC	1,084,936	$3.19M	1.7%	$2.54	+4.5%	COM	913915104
INFU	INFUSYSTEM HLDGS INC	1,017,415	$2.951M	1.5%	$2.00	+17.4%	COM	45685K102
—	C&J ENERGY SVCS INC NEW	109,300	$2.822M	1.5%	$27.27	—	COM	12674R100
BOOM	DMC GLOBAL INC	100,479	$2.688M	1.4%	$13.83	+70.7%	COM	23291C103
—	NEXEO SOLUTIONS INC	235,217	$2.517M	1.3%	$8.35	—	COM SHS	65342H102
GLDD	GREAT LAKES DREDGE & DOCK CO	541,810	$2.492M	1.3%	$4.09	+16.1%	COM	390607109
BAC	BANK AMER CORP	81,609	$2.447M	1.3%	$18.76	+38.9%	COM	060505104
LINC	LINCOLN EDL SVCS CORP	1,179,469	$2.347M	1.2%	$1.93	-3.9%	COM	533535100
SILC	SILICOM LTD	63,438	$2.183M	1.1%	$60.94	0.0%	ORD	M84116108
—	ALASKA COMMUNICATIONS SYS GR	1,188,537	$2.139M	1.1%	$1.64	—	COM	01167P101
AGYS	AGILYSYS INC	176,613	$2.105M	1.1%	$10.69	+11.6%	COM	00847J105
ATRO	ASTRONICS CORP	50,200	$1.872M	1.0%	$29.04	+20.1%	COM	046433108
FORM	FORMFACTOR INC	132,800	$1.813M	0.9%	$15.38	-6.0%	COM	346375108
PWR	QUANTA SVCS INC	51,600	$1.772M	0.9%	$32.38	+9.9%	COM	74762E102
JPM	JPMORGAN CHASE & CO	16,100	$1.771M	0.9%	$72.27	+26.5%	COM	46625H100
MS	MORGAN STANLEY	32,300	$1.743M	0.9%	$35.17	+24.2%	COM NEW	617446448
—	KKR & CO L P DEL	82,780	$1.68M	0.9%	$15.93	—	COM UNITS	48248M102
—	CARROLS RESTAURANT GROUP INC	145,121	$1.625M	0.8%	$15.14	—	COM	14574X104
—	TRECORA RES	114,770	$1.561M	0.8%	$11.25	—	COM	894648104
—	CIVEO CORP CDA	409,635	$1.544M	0.8%	$2.63	—	COM	17878Y108
CNDT	CONDUENT INC	81,340	$1.516M	0.8%	$15.43	+14.1%	COM	206787103
NTIC	NORTHERN TECH INTL CORP	65,255	$1.481M	0.8%	$5.86	+74.4%	COM	665809109
GIFI	GULF ISLAND FABRICATION INC	186,726	$1.326M	0.7%	$11.25	-1.2%	COM	402307102
AP	AMPCO-PITTSBURGH CORP	121,269	$1.079M	0.6%	$13.23	-9.3%	COM	032037103
—	MITCHAM INDS INC	324,123	$1.05M	0.5%	$4.15	—	COM	606501104
SIF	SIFCO INDS INC	180,727	$998K	0.5%	$9.08	-33.7%	COM	826546103
ORN	ORION GROUP HOLDINGS INC	146,898	$968K	0.5%	$8.73	-17.8%	COM	68628V308
—	PERFORMANT FINL CORP	317,530	$953K	0.5%	$2.57	—	COM	71377E105
—	ENGLOBAL CORP	1,032,713	$859K	0.4%	$2.04	—	COM	293306106
—	FIVE STAR SENIOR LIVING INC	647,532	$842K	0.4%	$1.92	—	COM	33832D106
CLMB	WAYSIDE TECHNOLOGY GROUP INC	48,956	$638K	0.3%	$12.88	-10.5%	COM	946760105
HAIN	HAIN CELESTIAL GROUP INC	19,642	$630K	0.3%	$38.68	-6.1%	COM	405217100
—	NICHOLAS FINANCIAL INC	57,003	$517K	0.3%	$11.89	—	COM NEW	65373J209
—	HUDSON GLOBAL INC	165,912	$322K	0.2%	$1.36	—	COM	443787106
—	NATUZZI S P A	171,697	$282K	0.1%	$2.33	—	ADR	63905A101
—	MITEL NETWORKS CORP	25,200	$234K	0.1%	$9.29	—	COM	60671Q104