The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1 800 FLOWERS COM INC CL A COM 68243Q106 1,940 152,000 SH   SOLE   152,000 0 0
A10 NETWORKS INC COM COM 002121101 1,269 91,000 SH   SOLE   91,000 0 0
ACCURAY INC COM COM 004397105 132 40,000 SH   SOLE   40,000 0 0
ACME UTD CORP COM COM 004816104 1,856 55,000 SH   SOLE   55,000 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 20,324 516,500 SH   SOLE   516,500 0 0
ALITHYA GROUP INC CL A SUB VTG COM 01643B106 1,872 722,821 SH   SOLE   722,821 0 0
ALLEGIANCE BANCSHARES INC COM COM 01748H107 2,100 47,000 SH   SOLE   47,000 0 0
ALLIED MOTION TECHNOLOGIES ICO COM 019330109 4,075 136,560 SH   SOLE   136,560 0 0
AMERICAN OUTDOOR BRANDS INC CO COM 02875D109 893 68,000 SH   SOLE   68,000 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 3,209 154,000 SH   SOLE   154,000 0 0
AMPCO PITTSBURGH CORP COM 032037103 846 134,016 SH   SOLE   134,016 0 0
AMPCO-PITTSBURG CORP WT A EXP WARRANT AND RIGH 032037111 42 47,000 SH   SOLE   47,000 0 0
ANIKA THERAPEUTICS INC COM COM 035255108 552 22,000 SH   SOLE   22,000 0 0
ANTERIX INC COM COM 03676C100 2,895 50,000 SH   SOLE   50,000 0 0
ARC DOCUMENT SOLUTIONS INC COM COM 00191G103 390 100,000 SH   SOLE   100,000 0 0
ARLO TECHNOLOGIES INC COM COM 04206A101 1,302 147,000 SH   SOLE   147,000 0 0
ARMSTRONG FLOORING INC COM COM 04238R106 69 48,000 SH   SOLE   48,000 0 0
ARTESIAN RES CORP COM CL A COM 043113208 1,696 34,926 SH   SOLE   34,926 0 0
ASTEC INDS INC COM COM 046224101 9,417 219,000 SH   SOLE   219,000 0 0
ASTRONICS CORP COM COM 046433108 2,586 200,000 SH   SOLE   200,000 0 0
ATLANTIC AMERN CORP COM COM 048209100 69 22,000 SH   SOLE   22,000 0 0
ATLANTIC UN BANKSHARES CORP CO COM 04911A107 1,532 41,744 SH   SOLE   41,744 0 0
ATLAS AIR WORLDWIDE 1.875 06/ CONVERTIBLE BOND 049164BJ4 762 500,000 PRN   SOLE   500,000 0 0
AVID TECHNOLOGY INC COM 05367P100 1,744 50,000 SH   SOLE   50,000 0 0
AZZ INC COM COM 002474104 820 17,000 SH   SOLE   17,000 0 0
BADGER METER INC COM COM 056525108 2,563 25,700 SH   SOLE   25,700 0 0
BALLYS CORPORATION COM COM 05875B106 1,321 42,964 SH   SOLE   42,964 0 0
BAND 1/4 3/1/26 CONVERTIBLE BOND 05988JAB9 932 1,200,000 PRN   SOLE   1,200,000 0 0
BANK7 CORP COM COM 06652N107 354 15,000 SH   SOLE   15,000 0 0
BASSETT FURNITURE INDS COM 070203104 994 60,000 SH   SOLE   60,000 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 732 415,790 SH   SOLE   415,790 0 0
BERKSHIRE HILLS BANCORP INC CO COM 084680107 327 11,275 SH   SOLE   11,275 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 274 16,000 SH   SOLE   16,000 0 0
BL 1/8 8/1/24 CONVERTIBLE BOND 09239BAB5 420 350,000 PRN   SOLE   350,000 0 0
BOYD GAMING CORP COM 103304101 1,645 25,000 SH   SOLE   25,000 0 0
BRIDGE BANCORP INC COM COM 25432X102 730 21,111 SH   SOLE   21,111 0 0
BUNGE LIMITED COM COM G16962105 712 6,423 SH   SOLE   6,423 0 0
CADIZ INC COM 127537207 21 10,000 SH   SOLE   10,000 0 0
CAESARS ENTERTAINMENT INC COM COM 12769G100 1,663 21,500 SH   SOLE   21,500 0 0
CALAVO GROWERS INC COM COM 128246105 1,968 54,000 SH   SOLE   54,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 1,411 23,800 SH   SOLE   23,800 0 0
CAPITAL CITY BK GROUP INC COM COM 139674105 2,156 81,800 SH   SOLE   81,800 0 0
CAPITOL FEDERAL FINANCIAL INC COM 14057J101 109 10,000 SH   SOLE   10,000 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 2,298 101,660 SH   SOLE   101,660 0 0
CARDLYTICS INC COM COM 14161W105 770 14,000 SH   SOLE   14,000 0 0
CAREDX INC COM 14167L103 333 9,000 SH   SOLE   9,000 0 0
CASELLA WASTE SYS INC CL A COM 147448104 6,162 70,300 SH   SOLE   70,300 0 0
CAVCO INDUSTRIES COM 149568107 5,886 24,440 SH   SOLE   24,440 0 0
CHASE CORP COM 16150R104 3,520 40,500 SH   SOLE   40,500 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 1,265 9,180 SH   SOLE   9,180 0 0
CHURCHILL DOWNS INC COM COM 171484108 929 4,190 SH   SOLE   4,190 0 0
CIRCOR INTL INC COM COM 17273K109 1,711 64,266 SH   SOLE   64,266 0 0
CITIZENS & NORTHN CORP COM COM 172922106 404 16,560 SH   SOLE   16,560 0 0
CNMD 2 5/8 2/1/24 CONVERTIBLE BOND 207410AF8 605 350,000 PRN   SOLE   350,000 0 0
COLUMBUS MCKINNON CORP N Y COM COM 199333105 3,362 79,300 SH   SOLE   79,300 0 0
COMMERCIAL VEH GROUP INC COM COM 202608105 2,493 294,993 SH   SOLE   294,993 0 0
COMSCORE INC COM 20564W105 58 20,000 SH   SOLE   20,000 0 0
COMTECH TELECOMMUNICATIONS CCO COM 205826209 1,946 124,000 SH   SOLE   124,000 0 0
CONFORMIS INC COM COM 20717E101 115 185,000 SH   SOLE   185,000 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 675 61,000 SH   SOLE   61,000 0 0
CORE MOLDING TECH COM COM 218683100 1,824 169,500 SH   SOLE   169,500 0 0
CTS CORP COM 126501105 8,820 249,580 SH   SOLE   249,580 0 0
CUTERA INC COM COM 232109108 17,089 247,660 SH   SOLE   247,660 0 0
DAKTRONICS INC COM COM 234264109 177 46,000 SH   SOLE   46,000 0 0
DANA HOLDING CORP COM COM 235825205 835 47,500 SH   SOLE   47,500 0 0
DENNYS CORP COM COM 24869P104 816 57,000 SH   SOLE   57,000 0 0
DHI GROUP INC COM COM 23331S100 268 45,000 SH   SOLE   45,000 0 0
DIEBOLD NIXDORF COM 253651103 2,288 340,000 SH   SOLE   340,000 0 0
DIGI INTL INC COM COM 253798102 3,228 150,000 SH   SOLE   150,000 0 0
DISH 3 3/8 8/15/26 CONVERTIBLE BOND 25470MAB5 408 450,000 PRN   SOLE   450,000 0 0
DUCOMMUN INC DEL COM COM 264147109 9,458 180,540 SH   SOLE   180,540 0 0
EASTERN CO COM COM 276317104 6,940 298,000 SH   SOLE   298,000 0 0
ELAN 5.000 02/01/23 CONVERTIBLE PREF 28414H202 408 9,795 SH   SOLE   9,795 0 0
ELECTROMED INC COM COM 285409108 437 35,142 SH   SOLE   35,142 0 0
ENERGY RECOVERY INC COM 29270J100 604 30,000 SH   SOLE   30,000 0 0
ETHAN ALLEN INTERIORS INC COM COM 297602104 261 10,000 SH   SOLE   10,000 0 0
EXACT SCIENCES 0.375 03/01/28 CONVERTIBLE BOND 30063PAC9 446 500,000 PRN   SOLE   500,000 0 0
EXAS 3/8 3/15/27 CONVERTIBLE BOND 30063PAB1 857 900,000 PRN   SOLE   900,000 0 0
EXELIXIS INC COM COM 30161Q104 1,406 62,000 SH   SOLE   62,000 0 0
EXTREME NETWORKS INC COM COM 30226D106 2,198 180,000 SH   SOLE   180,000 0 0
F N B CORP PA COM COM 302520101 921 74,000 SH   SOLE   74,000 0 0
FARMER BROS CO COM 307675108 3,268 459,000 SH   SOLE   459,000 0 0
FARMERS NATL BANC CORP COM COM 309627107 682 40,000 SH   SOLE   40,000 0 0
FEDERAL SIGNAL CORP COM COM 313855108 3,713 110,000 SH   SOLE   110,000 0 0
FERRO CORP COM 315405100 8,153 375,000 SH   SOLE   375,000 0 0
FIRST INTERNET BANCORP COM COM 320557101 1,137 26,440 SH   SOLE   26,440 0 0
FLUSHING FINL CORP COM COM 343873105 8,746 391,300 SH   SOLE   391,300 0 0
FOSTER L B CO COM COM 350060109 2,582 168,000 SH   SOLE   168,000 0 0
FREQUENCY ELECTRS INC COM COM 358010106 131 15,000 SH   SOLE   15,000 0 0
FRP HLDGS INC COM COM 30292L107 1,272 22,000 SH   SOLE   22,000 0 0
FS BANCORP INC COM COM 30263Y104 996 32,116 SH   SOLE   32,116 0 0
GAN LTD ORD SHS COM G3728V109 487 101,000 SH   SOLE   101,000 0 0
GENCOR INDS INC COM COM 368678108 4,894 476,037 SH   SOLE   476,037 0 0
GENTHERM INC COM COM 37253A103 890 12,190 SH   SOLE   12,190 0 0
GIBRALTER INDUSTRIES INC COM 374689107 4,102 95,500 SH   SOLE   95,500 0 0
GOLDEN ENTERTAINMENT INC COM 381013101 7,520 129,500 SH   SOLE   129,500 0 0
GORMAN RUPP CO COM 383082104 3,086 86,000 SH   SOLE   86,000 0 0
GRAHAM CORP COM COM 384556106 640 83,000 SH   SOLE   83,000 0 0
GRAY TELEVISION, INC COM 389375106 5,322 241,120 SH   SOLE   241,120 0 0
GRAY TELEVISION, INC CL A COM 389375205 1,774 86,293 SH   SOLE   86,293 0 0
GRIFFON CORP COM COM 398433102 8,078 403,313 SH   SOLE   403,313 0 0
GTY GOVTECH INC COM 362409104 210 65,048 SH   SOLE   65,048 0 0
GYRODYNE LLC COM COM 403829104 226 16,138 SH   SOLE   16,138 0 0
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 44 12,000 SH   SOLE   12,000 0 0
HAWKINS INC COM COM 420261109 3,343 72,840 SH   SOLE   72,840 0 0
HERC HLDGS INC COM COM 42704L104 1,003 6,000 SH   SOLE   6,000 0 0
HILT 2 9/1/24 CONVERTIBLE BOND 413160AD4 965 750,000 PRN   SOLE   750,000 0 0
HOMESTREET INC COM COM 43785V102 1,293 27,300 SH   SOLE   27,300 0 0
HUTTIG BLDG PRODS INC COM COM 448451104 725 68,000 SH   SOLE   68,000 0 0
I3 VERTICALS INC COM CL A COM 46571Y107 3,538 127,000 SH   SOLE   127,000 0 0
IAA SPINCO INC COM COM 449253103 516 13,500 SH   SOLE   13,500 0 0
ICC HOLDINGS INC COM 44931Q104 290 17,000 SH   SOLE   17,000 0 0
ICF INTL INC COM COM 44925C103 1,862 19,780 SH   SOLE   19,780 0 0
IMAX CORP COM COM 45245E109 568 30,000 SH   SOLE   30,000 0 0
INDUS REALTY TRUST INC COM 45580R103 17,775 243,193 SH   SOLE   243,193 0 0
INFN 2 1/2 3/1/2027 CORPORATE BONDS 45667GAE3 1,030 750,000 PRN   SOLE   750,000 0 0
INFUSYSTEM HLDGS INC COM COM 45685K102 1,715 175,000 SH   SOLE   175,000 0 0
INGLES MKTS INC CL A COM 457030104 4,296 48,240 SH   SOLE   48,240 0 0
INN 1 1/2 2/15/26 CONVERTIBLE BOND 866082AA8 408 385,000 PRN   SOLE   385,000 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 854 106,000 SH   SOLE   106,000 0 0
INSPIRED ENTMT INC COM COM 45782N108 4,375 355,721 SH   SOLE   355,721 0 0
INTEGER HOLDINGS CORP COM 45826H109 1,751 21,730 SH   SOLE   21,730 0 0
INTEVAC INC COM COM 461148108 1,102 206,000 SH   SOLE   206,000 0 0
INTRICON CORP COM COM 46121H109 4,716 197,665 SH   SOLE   197,665 0 0
INVITAE CORP COM COM 46185L103 92 11,500 SH   SOLE   11,500 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 363 9,000 SH   SOLE   9,000 0 0
IVC 4 1/2 6/1/22 CONVERTIBLE BOND 461203AH4 400 400,000 PRN   SOLE   400,000 0 0
J & J SNACK FOODS CORP COM 466032109 233 1,500 SH   SOLE   1,500 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 1,777 15,000 SH   SOLE   15,000 0 0
JOHNSON OUTDOORS INC CL A COM 479167108 389 5,000 SH   SOLE   5,000 0 0
KAMAN CORP COM 483548103 6,185 142,250 SH   SOLE   142,250 0 0
KAR AUCTION SVCS INC COM COM 48238T109 574 31,800 SH   SOLE   31,800 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 720 36,000 SH   SOLE   36,000 0 0
KIMBALL INTL INC CL B COM 494274103 2,155 255,000 SH   SOLE   255,000 0 0
KKR & CO INC CL A COM 48251W104 3,654 62,500 SH   SOLE   62,500 0 0
LA Z BOY CHAIR CO COM 505336107 870 33,000 SH   SOLE   33,000 0 0
LANDS END INC NEW COM COM 51509F105 338 20,000 SH   SOLE   20,000 0 0
LAWSON PRODS INC COM COM 520776105 8,642 224,239 SH   SOLE   224,239 0 0
LEE ENTERPRISES INC COM COM 523768406 431 16,000 SH   SOLE   16,000 0 0
LEGACY HOUSING CORP COM COM 52472M101 1,453 67,700 SH   SOLE   67,700 0 0
LEMAITRE VASCULAR INC COM COM 525558201 256 5,500 SH   SOLE   5,500 0 0
LENDING TREE INC. COM 52603B107 522 4,360 SH   SOLE   4,360 0 0
LIFETIME BRANDS INC COM COM 53222Q103 3,289 256,175 SH   SOLE   256,175 0 0
LIMELIGHT NETWORKS INC COM COM 53261M104 183 35,000 SH   SOLE   35,000 0 0
LIMONEIRA CO COM COM 532746104 3,406 232,000 SH   SOLE   232,000 0 0
LINDSAY CORP COM 535555106 782 4,980 SH   SOLE   4,980 0 0
LITE 1/2 12/15/26 CONVERTIBLE BOND 55024UAD1 584 500,000 PRN   SOLE   500,000 0 0
LPSN 3/4 3/1/24 CONVERTIBLE BOND 538146AB7 997 990,000 PRN   SOLE   990,000 0 0
LUV 1 1/4 5/1/25 CONVERTIBLE BOND 844741BG2 1,369 1,000,000 PRN   SOLE   1,000,000 0 0
MARCUS CORP COM COM 566330106 1,283 72,500 SH   SOLE   72,500 0 0
MARINE PRODS CORP COM COM 568427108 4,620 400,000 SH   SOLE   400,000 0 0
MARINEMAX INC COM COM 567908108 544 13,500 SH   SOLE   13,500 0 0
MATERIALISE NV SPONSORED ADS COM 57667T100 194 10,000 SH   SOLE   10,000 0 0
MEDALLION FINANCIAL CORP COM 583928106 935 110,000 SH   SOLE   110,000 0 0
MELI 2 8/15/28 CONVERTIBLE BOND 58733RAD4 844 300,000 PRN   SOLE   300,000 0 0
MERIDIAN BIOSCIENCE INC COM COM 589584101 649 25,000 SH   SOLE   25,000 0 0
MESA LABS INC COM COM 59064R109 1,274 5,000 SH   SOLE   5,000 0 0
METHODE ELECTRS INC CL A COM 591520200 900 20,800 SH   SOLE   20,800 0 0
MIDDLEBY CORP COM COM 596278101 3,069 18,720 SH   SOLE   18,720 0 0
MIDDLESEX WTR CO COM COM 596680108 710 6,752 SH   SOLE   6,752 0 0
MINERALS TECHNOLOGIES INC COM 603158106 232 3,500 SH   SOLE   3,500 0 0
MITEK SYS INC COM NEW COM 606710200 2,010 137,000 SH   SOLE   137,000 0 0
MODINE MFG CO COM 607828100 3,172 352,000 SH   SOLE   352,000 0 0
MONEYGRAM INTERNATIONAL INC CO COM 60935Y208 2,038 193,000 SH   SOLE   193,000 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 321 18,000 SH   SOLE   18,000 0 0
MOVADO GROUP INC COM COM 624580106 2,402 61,500 SH   SOLE   61,500 0 0
MSA SAFETY INC COM COM 553498106 1,062 8,000 SH   SOLE   8,000 0 0
MYERS INDS INC COM 628464109 16,564 766,870 SH   SOLE   766,870 0 0
MYR GROUP INC DEL COM COM 55405W104 2,887 30,700 SH   SOLE   30,700 0 0
NAPCO SEC SYS INC COM COM 630402105 862 42,000 SH   SOLE   42,000 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 11,930 220,234 SH   SOLE   220,234 0 0
NATURAL GROCERS BY VITAMIN CCO COM 63888U108 216 11,000 SH   SOLE   11,000 0 0
NAUTILUS INC COM 63910B102 54 13,000 SH   SOLE   13,000 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,227 100,530 SH   SOLE   100,530 0 0
NEE 4.872 9/1/22 CV PFD CONVERTIBLE PREF 65339F796 311 5,000 SH   SOLE   5,000 0 0
NEE 5.279 3/1/23 CONVERTIBLE PREF 65339F770 485 9,200 SH   SOLE   9,200 0 0
NEE 6.219 9/1/23 CONVERTIBLE PREF 65339F739 512 9,645 SH   SOLE   9,645 0 0
NEOGEN CORP COM COM 640491106 6,538 212,000 SH   SOLE   212,000 0 0
NEOGENOMICS INC COM NEW COM 64049M209 735 60,500 SH   SOLE   60,500 0 0
NEURONETICS INC COM COM 64131A105 170 56,000 SH   SOLE   56,000 0 0
NEW YORK CMNTY CAP TR V CV PFD CONVERTIBLE PREF 64944P307 293 6,000 SH   SOLE   6,000 0 0
NICE 1 1/4 1/15/24 CONVERTIBLE BOND 65366HAB9 539 205,000 PRN   SOLE   205,000 0 0
OCEANFIRST FINL CORP COM COM 675234108 390 19,390 SH   SOLE   19,390 0 0
OIL DRI CORP AMER COM COM 677864100 917 32,020 SH   SOLE   32,020 0 0
OMNICELL INC COM COM 68213N109 2,525 19,500 SH   SOLE   19,500 0 0
OPKO HEALTH INC COM COM 68375N103 757 220,000 SH   SOLE   220,000 0 0
OPTION CARE HEALTH INC COM 68404L201 600 21,000 SH   SOLE   21,000 0 0
ORTHOFIX MED INC COM COM 68752M108 2,050 62,700 SH   SOLE   62,700 0 0
PACIFIC PREMIER BANCORP COM COM 69478X105 389 11,000 SH   SOLE   11,000 0 0
PAR 2 7/8 4/15/26 CONVERTIBLE BOND 698884AC7 1,223 1,000,000 PRN   SOLE   1,000,000 0 0
PARATEK PHARMACEUTICALS INC CO COM 699374302 131 44,000 SH   SOLE   44,000 0 0
PARK AEROSPACE CORP COM 70014A104 855 65,500 SH   SOLE   65,500 0 0
PARK OHIO HLDGS CORP COM COM 700666100 2,815 200,047 SH   SOLE   200,047 0 0
PEOPLES UNITED FINANCIAL INCCO COM 712704105 1,006 50,332 SH   SOLE   50,332 0 0
PFSWEB INC COM NEW COM 717098206 2,983 261,000 SH   SOLE   261,000 0 0
PLAYAGS INC COM COM 72814N104 1,547 232,000 SH   SOLE   232,000 0 0
PODD 3/8 9/1/26 144A CONVERTIBLE BOND 45784PAK7 1,339 1,000,000 PRN   SOLE   1,000,000 0 0
POWELL INDS INC COM COM 739128106 407 20,950 SH   SOLE   20,950 0 0
PRIMIS FINANCIAL CORP COM COM 74167B109 447 32,000 SH   SOLE   32,000 0 0
PRIMO WATER CORP COM 74167P108 214 15,000 SH   SOLE   15,000 0 0
PRTK 4 3/4 5/1/24 CONVERTIBLE BOND 699374AB0 354 400,000 PRN   SOLE   400,000 0 0
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,203 150,000 SH   SOLE   150,000 0 0
QTWO 3/4 6/1/26 CONVERTIBLE BOND 74736LAD1 755 750,000 PRN   SOLE   750,000 0 0
QUIDEL CORP COM COM 74838J101 281 2,500 SH   SOLE   2,500 0 0
READING INTERNATIONAL INC CL B COM 755408200 1,414 74,400 SH   SOLE   74,400 0 0
READING INTL INC CL A COM 755408101 1,238 289,269 SH   SOLE   289,269 0 0
RENASANT CORP COM COM 75970E107 1,126 33,651 SH   SOLE   33,651 0 0
RGC RES INC COM COM 74955L103 1,174 54,310 SH   SOLE   54,310 0 0
RPC INC. COMMON COM 749660106 640 60,000 SH   SOLE   60,000 0 0
RTRX 2 1/2 9/15/25 CONVERTIBLE BOND 761299AB2 365 350,000 PRN   SOLE   350,000 0 0
RUSH ENTERPRISES INC CL A COM 781846209 2,171 42,650 SH   SOLE   42,650 0 0
RUSH ENTERPRISES INC CL B COM 781846308 5,064 104,735 SH   SOLE   104,735 0 0
RUSH STREET INTERACTIVE INC CO COM 782011100 145 20,000 SH   SOLE   20,000 0 0
SANDY SPRING BANCORP INC COM COM 800363103 1,190 26,500 SH   SOLE   26,500 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 2,892 593,000 SH   SOLE   593,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 7,108 341,900 SH   SOLE   341,900 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,513 74,000 SH   SOLE   74,000 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 897 32,000 SH   SOLE   32,000 0 0
SJW GROUP COM 784305104 4,335 62,304 SH   SOLE   62,304 0 0
SKYLINE CHAMPION CORPORATION COM 830830105 4,034 73,500 SH   SOLE   73,500 0 0
SONIC AUTOMOTIVE INC CL A COM 83545G102 935 22,000 SH   SOLE   22,000 0 0
SOUTH ST CORP COM COM 840441109 7,171 87,896 SH   SOLE   87,896 0 0
SOUTHERN FIRST BANCSHARES INCO COM 842873101 3,407 67,010 SH   SOLE   67,010 0 0
SPLK 1 1/8 9/15/25 CONVERTIBLE BOND 848637AD6 775 650,000 PRN   SOLE   650,000 0 0
SPORTSMANS WHSE HLDGS INC COM COM 84920Y106 160 15,000 SH   SOLE   15,000 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 2,072 48,028 SH   SOLE   48,028 0 0
STANDEX INTL CORP COM 854231107 1,499 15,000 SH   SOLE   15,000 0 0
STARRETT L S CO CL A COM 855668109 516 67,100 SH   SOLE   67,100 0 0
STEEL PARTNERS HLDGS L P COM 85814R107 3,886 93,500 SH   SOLE   93,500 0 0
STERIS PLC COM G8473T100 363 1,500 SH   SOLE   1,500 0 0
STONERIDGE INC COM 86183P102 2,377 114,500 SH   SOLE   114,500 0 0
STRATTEC SECURITY CORP. COM 863111100 4,174 110,560 SH   SOLE   110,560 0 0
SURGALIGN HOLDINGS INC COM COM 86882C105 5 18,000 SH   SOLE   18,000 0 0
SURMODICS INC COM COM 868873100 2,267 50,000 SH   SOLE   50,000 0 0
S&W SEED CO COM COM 785135104 993 466,000 SH   SOLE   466,000 0 0
TEAM INC COM COM 878155100 99 45,000 SH   SOLE   45,000 0 0
TEJON RANCH CO DEL COM COM 879080109 1,826 100,000 SH   SOLE   100,000 0 0
TENNANT CO COM 880345103 1,785 22,650 SH   SOLE   22,650 0 0
TERRITORIAL BANCORP INC COM COM 88145X108 612 25,500 SH   SOLE   25,500 0 0
TITAN INTL INC ILL COM COM 88830M102 302 20,500 SH   SOLE   20,500 0 0
TITAN MACHY INC COM COM 88830R101 4,352 154,000 SH   SOLE   154,000 0 0
TOWNSQUARE MEDIA INC CL A COM 892231101 1,919 150,000 SH   SOLE   150,000 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 233 33,000 SH   SOLE   33,000 0 0
TRAVELCENTERS OF AMERICA INCCO COM 89421B109 516 12,000 SH   SOLE   12,000 0 0
TREDEGAR INDS INC COM 894650100 3,621 302,000 SH   SOLE   302,000 0 0
TRINITY PL HLDGS INC COM COM 89656D101 893 470,000 SH   SOLE   470,000 0 0
TWIN DISC INC COM COM 901476101 1,914 115,000 SH   SOLE   115,000 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 445 1,000 SH   SOLE   1,000 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 4,578 108,000 SH   SOLE   108,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 1,015 189,000 SH   SOLE   189,000 0 0
UNITED BANKSHARES INC WEST VCO COM 909907107 303 8,701 SH   SOLE   8,701 0 0
UNITED GUARDIAN INC COM COM 910571108 1,603 70,511 SH   SOLE   70,511 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 841 95,000 SH   SOLE   95,000 0 0
VALLEY NATL BANCORP COM COM 919794107 666 51,152 SH   SOLE   51,152 0 0
VALUE LINE INC COM 920437100 2,157 32,200 SH   SOLE   32,200 0 0
VIAD CORP COM NEW COM 92552R406 1,895 53,160 SH   SOLE   53,160 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 3,312 135,174 SH   SOLE   135,174 0 0
VISHAY PRECISION GROUP INC COM COM 92835K103 2,251 70,000 SH   SOLE   70,000 0 0
WABASH NATL CORP COM COM 929566107 965 65,000 SH   SOLE   65,000 0 0
WASHINGTON TR BANCORP COM COM 940610108 2,410 45,900 SH   SOLE   45,900 0 0
WATERSTONE FINL INC MD COM COM 94188P101 1,447 74,800 SH   SOLE   74,800 0 0
WEBSTER FINL CORP WATERBURY CO COM 947890109 3,013 53,690 SH   SOLE   53,690 0 0
WESTERN NEW ENGLAND BANCORP COM 958892101 709 79,260 SH   SOLE   79,260 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 208 23,000 SH   SOLE   23,000 0 0
WILLDAN GROUP INC COM COM 96924N100 3,350 109,169 SH   SOLE   109,169 0 0
WILLIAMS INDL SVCS GROUP INC C COM 96951A104 28 14,000 SH   SOLE   14,000 0 0
WINNEBAGO INDS INC COM COM 974637100 2,161 40,000 SH   SOLE   40,000 0 0
WK 1 1/8 8/15/26 CONVERTIBLE BOND 98139AAB1 1,430 900,000 PRN   SOLE   900,000 0 0
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 1,748 28,000 SH   SOLE   28,000 0 0
YORK WTR CO COM COM 987184108 1,934 43,007 SH   SOLE   43,007 0 0
ZNGA 0 1/4 6/1/24 CORPORATE BONDS 98986TAB4 607 500,000 PRN   SOLE   500,000 0 0