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
ABBVIE INC COM 00287Y109 3,150 35,580 SH   SOLE 0 35,580 0 0
ACADIA HEALTHCARE COMPANY, INC. COM 00404A109 3,415 102,807 SH   SOLE 0 102,807 0 0
ACADIA REALTY TRUST COM SH BEN INT 004239109 7,814 301,380 PRN   SOLE 0 301,380 0 0
ADT, INC. COM 00090Q103 5,831 735,369 SH   SOLE 0 735,369 0 0
ADVANCED ENERGY INDUSTRIES, INC. COM 007973100 3,871 54,372 SH   SOLE 0 54,372 0 0
AIR TRANSPORT SERVICES GROUP, INC. COM 00922R105 3,714 158,334 SH   SOLE 0 158,334 0 0
ALPHABET INC CL A COM 02079K305 1,131 845 SH   SOLE 0 845 0 0
AMERICAN EAGLE OUTFITTERS INC COM 02553E106 5,636 383,402 SH   SOLE 0 383,402 0 0
AMERICAN TOWER CORP COM 03027X100 2,975 12,947 SH   SOLE 0 12,947 0 0
AMERIS BANCORP COM 03076K108 9,785 230,024 SH   SOLE 0 230,024 0 0
ANI PHARMACEUTICALS, INC. COM 00182C103 6,263 101,567 SH   SOLE 0 101,567 0 0
APPLE INC COM 037833100 1,445 4,923 SH   SOLE 0 4,923 0 0
AT&T INC COM 00206R102 884 22,622 SH   SOLE 0 22,622 0 0
ATKOREINTL GROUP INC COM 047649108 11,617 287,147 SH   SOLE 0 287,147 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 202 11,047 SH   SOLE 0 11,047 0 0
ATLANTIC UNION BANKSHARES COM 04911A107 11,766 313,368 SH   SOLE 0 313,368 0 0
AVALONBAY CMNTYS INC COM 053484101 2,707 12,911 SH   SOLE 0 12,911 0 0
B&G FOODS, INC COM 05508R106 5,977 333,403 SH   SOLE 0 333,403 0 0
BANNER CORP COM 06652V208 3,620 63,970 SH   SOLE 0 63,970 0 0
BELDEN, INC. COM 077454106 3,721 67,660 SH   SOLE 0 67,660 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 287 1,270 PRN   SOLE 0 1,270 0 0
BLACK HILLS CORP COM 092113109 5,305 67,556 SH   SOLE 0 67,556 0 0
BOSTON PROPERTIES INC COM 101121101 1,954 14,176 SH   SOLE 0 14,176 0 0
CACI INTERNATIONAL INC CLASS A COM 127190304 7,777 31,111 SH   SOLE 0 31,111 0 0
CADENCE BANCORPORATION CLASS A COM 12739A100 3,234 178,404 SH   SOLE 0 178,404 0 0
CALLON PETROLEUM CO COM 13123X102 7,602 1,574,042 SH   SOLE 0 1,574,042 0 0
CAMDEN PROPERTY TRUST COM 133131102 1,349 12,715 SH   SOLE 0 12,715 0 0
CBIZ INC COM 124805102 7,713 286,111 SH   SOLE 0 286,111 0 0
CENTERSTATE BANKS INC COM 15201P109 10,630 425,574 SH   SOLE 0 425,574 0 0
CHEESECAKE FACTORY INCORPORATED COM 163072101 2,720 70,000 SH   SOLE 0 70,000 0 0
CHEMBIO DIAGNOSTICS INC COM NEW 163572209 91 20,000 PRN   SOLE 0 20,000 0 0
CHEVRON CORP NEW COM 166764100 851 7,062 SH   SOLE 0 7,062 0 0
CIRRUS LOGIC, INC. COM 172755100 6,673 80,980 SH   SOLE 0 80,980 0 0
CITIGROUP INC COM 172967424 520 6,517 SH   SOLE 0 6,517 0 0
COHERUS BIOSCIENCES, INC. COM 19249H103 2,044 113,548 SH   SOLE 0 113,548 0 0
COLGATE PALMOLIVE CO COM 194162103 683 9,930 SH   SOLE 0 9,930 0 0
COLUMBUS MCKINNON CORPORATION COM 199333105 6,882 171,927 SH   SOLE 0 171,927 0 0
CORESITE REALTY CORP COM 21870Q105 1,211 10,805 SH   SOLE 0 10,805 0 0
CUBIC CORPORATION COM 229669106 3,331 52,408 SH   SOLE 0 52,408 0 0
CVS HEALTH CORP COM 126650100 230 3,105 SH   SOLE 0 3,105 0 0
DESIGNER BRANDS INC CL A 250565108 4,031 256,115 PRN   SOLE 0 256,115 0 0
DOVER CORP COM 260003108 924 8,025 SH   SOLE 0 8,025 0 0
DUKE ENERGY CORP COM 26441C204 557 6,116 SH   SOLE 0 6,116 0 0
EATON CORP PLC SHS G29183103 700 7,400 PRN   SOLE 0 7,400 0 0
EMCOR GROUP INC COM 29084Q100 6,794 78,727 SH   SOLE 0 78,727 0 0
EMERGENT BIO SOLUTIONS INC. COM 29089Q105 5,439 100,831 SH   SOLE 0 100,831 0 0
EMMIS COMMUNICTNS CORP CL A COM 291525400 299 74,232 SH   SOLE 0 74,232 0 0
ENTERPRISE FINANCIAL SERVICES COM 293712105 9,977 206,966 SH   SOLE 0 206,966 0 0
EQUINIX, INC. COM 29444U700 1,604 2,749 SH   SOLE 0 2,749 0 0
EQUITY LIFESTYLE PPTYS COM 29472R108 3,162 44,922 SH   SOLE 0 44,922 0 0
ESSENTIAL PPTYS RLTY TR INC COM 29670E107 10,970 442,170 SH   SOLE 0 442,170 0 0
ESSEX PROPERTY TRUST COM 297178105 1,620 5,385 SH   SOLE 0 5,385 0 0
EXTRA SPACE STORAGE COM 30225T102 1,331 12,610 SH   SOLE 0 12,610 0 0
EXXON MOBIL CORP COM 30231G102 408 5,852 SH   SOLE 0 5,852 0 0
FB FINANCIAL CORPORATION COM 30257X104 4,426 111,796 SH   SOLE 0 111,796 0 0
FEDERAL REALTY INVT TR COM 313747206 270 2,098 SH   SOLE 0 2,098 0 0
FERRO CORP COM 315405100 3,108 209,612 SH   SOLE 0 209,612 0 0
FIRST BANCORP COM 318672706 5,647 533,287 SH   SOLE 0 533,287 0 0
FIRST INTERSTATE BANCSYSTEM COM 32055Y201 7,295 174,037 SH   SOLE 0 174,037 0 0
FIRST MERCHANTS CORPORATION COM 320817109 8,573 206,132 SH   SOLE 0 206,132 0 0
FIRST REPUBLIC BANK COM 33616C100 1,138 9,694 SH   SOLE 0 9,694 0 0
FIRST TR EXCH TRADED FD III INSTL PFD SECS 33739P855 6,005 299,381 PRN   SOLE 0 299,381 0 0
FNB CORP COM 302520101 11,371 895,389 SH   SOLE 0 895,389 0 0
GALLAGHER ARTHUR J &CO COM 363576109 430 4,520 SH   SOLE 0 4,520 0 0
GIBRALTAR INDS INC COM 374689107 5,371 106,492 SH   SOLE 0 106,492 0 0
G-III APPAREL GROUP, LTD. COM 36237H101 4,131 123,328 SH   SOLE 0 123,328 0 0
GLOBAL BLOOD THERAPEUTICS INC. COM 37890U108 2,937 36,953 SH   SOLE 0 36,953 0 0
GOODYEAR TIRE & RUBBER COMPANY COM 382550101 3,543 227,774 SH   SOLE 0 227,774 0 0
H.B. FULLER COMPANY COM 359694106 1,908 37,008 SH   SOLE 0 37,008 0 0
HD SUPPLY HOLDINGS INC COM 40416M105 434 10,809 SH   SOLE 0 10,809 0 0
HERITAGE INS HLDGS INC COM 42727J102 9,213 695,364 SH   SOLE 0 695,364 0 0
HILTON GRAND VA COM 43283X105 7,400 215,186 SH   SOLE 0 215,186 0 0
HOSTESS BRANDS, INC. CLASS A COM 44109J106 7,223 496,773 SH   SOLE 0 496,773 0 0
HUB GROUP, INC. CLASS A COM 443320106 3,737 72,877 SH   SOLE 0 72,877 0 0
HUDSON PACIFIC PROPERTIES, INC. COM 444097109 1,158 30,767 SH   SOLE 0 30,767 0 0
IDACORP INC COM 451107106 8,100 75,852 SH   SOLE 0 75,852 0 0
INDEPENDENCE REALTY TRUST, INC. COM 45378A106 12,960 920,510 SH   SOLE 0 920,510 0 0
INDEPENDENT BANK GROUP, INC. COM 45384B106 7,824 141,133 SH   SOLE 0 141,133 0 0
INTEL CORP COM 458140100 517 8,643 SH   SOLE 0 8,643 0 0
INTERCEPT PHARMACEUTICALS, INC. COM 45845P108 2,343 18,914 SH   SOLE 0 18,914 0 0
INVESCO EXCHNG TRADED FD TR KBW REGL BKG 46138E578 283 5,260 PRN   SOLE 0 5,260 0 0
INVESCO EXCHNG TRADED FD TR PFD ETF 46138E511 307 20,480 PRN   SOLE 0 20,480 0 0
INVESCO EXCHNG TRADED FD TR S&P500 EQL TEC 46137V282 818 4,133 PRN   SOLE 0 4,133 0 0
INVESCO EXCHNG TRADED FD TR S&P SPIN-OFF 46137V159 1,558 30,828 PRN   SOLE 0 30,828 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 648 3,050 PRN   SOLE 0 3,050 0 0
INVITATION HOMES, INC. COM 46187W107 1,305 43,569 SH   SOLE 0 43,569 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 329 2,560 PRN   SOLE 0 2,560 0 0
ISHARES TR RUS 2000 GRW ETF 464287648 479 2,240 PRN   SOLE 0 2,240 0 0
ISHARES TR MSCI EAFE ETF 464287465 1,213 17,475 PRN   SOLE 0 17,475 0 0
ISHARES TR INTL DEV RE ETF 464288489 451 14,955 PRN   SOLE 0 14,955 0 0
ISHARES TR RUS MID CAP ETF 464287499 746 12,528 PRN   SOLE 0 12,528 0 0
ISHARES TR PFD AND INCM SEC 464288687 761 20,253 PRN   SOLE 0 20,253 0 0
ISHARES TR U.S. REAL ES ETF 464287739 944 10,146 PRN   SOLE 0 10,146 0 0
JAGGED PEAK ENERGY, INC. COM 47009K107 5,171 609,087 SH   SOLE 0 609,087 0 0
JERNIGAN CAP INC. COM 476405105 5,162 269,698 SH   SOLE 0 269,698 0 0
JOHNSON & JOHNSON COM 478160104 1,825 12,517 SH   SOLE 0 12,517 0 0
JPMORGAN CHASE & CO COM 46625H100 1,324 9,505 SH   SOLE 0 9,505 0 0
KADANT INC COM 48282T104 10,773 102,270 SH   SOLE 0 102,270 0 0
KAISER ALUMINUM CORP COM 483007704 5,949 53,651 SH   SOLE 0 53,651 0 0
KEMPER CORPORATION COM 488401100 7,306 94,275 SH   SOLE 0 94,275 0 0
KILROY REALTY CORP COM 49427F108 908 10,830 SH   SOLE 0 10,830 0 0
KIMCO REALTY CORP COM 49446R109 287 13,866 SH   SOLE 0 13,866 0 0
KOPPERS HOLDINGS INC. COM 50060P106 6,814 178,301 SH   SOLE 0 178,301 0 0
LABORATORY CORP OF AMERICA COM 50540R409 310 1,835 SH   SOLE 0 1,835 0 0
LAMB WESTON HLDS INC COM 513272104 491 5,718 SH   SOLE 0 5,718 0 0
LOWES COMPANIES INC COM 548661107 437 3,650 SH   SOLE 0 3,650 0 0
MACK-CALI REALTY CORPORATION COM 554489104 4,036 174,529 SH   SOLE 0 174,529 0 0
MAGELLAN HEALTH, INC. COM 559079207 3,693 47,207 SH   SOLE 0 47,207 0 0
MATERION CORP COM 576690101 10,041 168,915 SH   SOLE 0 168,915 0 0
MAXIMUS, INC. COM 577933104 3,850 51,765 SH   SOLE 0 51,765 0 0
META FINANCIAL GROUP, INC. COM 59100U108 12,577 344,500 SH   SOLE 0 344,500 0 0
METHODE ELECTRONICS, INC. COM 591520200 3,752 95,353 SH   SOLE 0 95,353 0 0
MICROSOFT CORP COM 594918104 791 5,020 SH   SOLE 0 5,020 0 0
MKS INSTRUMENT INC COM 55306N104 6,513 59,211 SH   SOLE 0 59,211 0 0
MURPHY OIL CORPORATION COM 626717102 6,385 238,250 SH   SOLE 0 238,250 0 0
MYR GROUP INC COM 55405W104 5,424 166,436 SH   SOLE 0 166,436 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 5,341 158,870 PRN   SOLE 0 158,870 0 0
NEW JERSEY RES COM 646025106 3,954 88,728 SH   SOLE 0 88,728 0 0
NEXSTAR MEDIA GROUP INC CL A 65336K103 17,158 146,345 PRN   SOLE 0 146,345 0 0
NUANCE COMMUNICATIONS, INC COM 67020Y100 5,395 302,606 SH   SOLE 0 302,606 0 0
NUVASIVE, INC. COM 670704105 7,832 101,271 SH   SOLE 0 101,271 0 0
ONE MAIN HOLDINGS COM 68268W103 17,406 412,962 SH   SOLE 0 412,962 0 0
PACIFIC PREMIER BANCORP COM 69478X105 7,159 219,597 SH   SOLE 0 219,597 0 0
PARK HOTELS & RESORTS INC COM 700517105 688 26,603 SH   SOLE 0 26,603 0 0
PATTERSON COMPANIES, INC. COM 703395103 3,516 171,692 SH   SOLE 0 171,692 0 0
PDC ENERGY COM 69327R101 3,564 136,190 SH   SOLE 0 136,190 0 0
PEBBLEBROOK HOTEL COM 70509V100 384 14,344 SH   SOLE 0 14,344 0 0
PENN NATIONAL GAMING, INC. COM 707569109 8,471 331,417 SH   SOLE 0 331,417 0 0
PEPSICO INC COM 713448108 1,177 8,616 SH   SOLE 0 8,616 0 0
PFIZER INC COM 717081103 220 5,636 SH   SOLE 0 5,636 0 0
PHOTRONICS INC COM 719405102 5,461 346,523 SH   SOLE 0 346,523 0 0
PINNACLE FINL PARTNERS, INC. COM 72346Q104 9,899 154,676 SH   SOLE 0 154,676 0 0
PLEXUS CORP COM 729132100 4,616 59,998 SH   SOLE 0 59,998 0 0
PORTLAND GENERAL COM 736508847 5,569 99,824 SH   SOLE 0 99,824 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404 9,815 163,345 PRN   SOLE 0 163,345 0 0
PRIMERICA COM 74164M108 7,586 58,105 SH   SOLE 0 58,105 0 0
PROCTER & GAMBLE CO COM 742718109 887 7,106 SH   SOLE 0 7,106 0 0
PROGRESS SOFTWARE CORP COM 743312100 4,750 114,324 SH   SOLE 0 114,324 0 0
PROLOGIS COM 74340W103 3,400 38,143 SH   SOLE 0 38,143 0 0
PS BUSINESS PARKS, INC. COM 69360J107 7,543 45,756 SH   SOLE 0 45,756 0 0
PUBLIC STORAGE INC COM 74460D109 716 3,365 SH   SOLE 0 3,365 0 0
QTS REALTY TRUST INC COM 74736A103 11,159 205,630 SH   SOLE 0 205,630 0 0
QUANTA SERVICES INC. COM 74762E102 8,417 206,759 SH   SOLE 0 206,759 0 0
REGENCY CTRS CORP COM 758849103 919 14,578 SH   SOLE 0 14,578 0 0
REXFORD INDUSTRIAL REALTY COM 76169C100 14,559 318,787 SH   SOLE 0 318,787 0 0
RUTH`S HOSPITALITY GROUP, INC. COM 783332109 6,975 320,481 SH   SOLE 0 320,481 0 0
SABRA HEALTH CARE REIT COM 78573L106 7,707 361,173 SH   SOLE 0 361,173 0 0
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 297 5,130 PRN   SOLE 0 5,130 0 0
SCHWAB STRATEGIC TR 1000 INDEX ETF 808524722 411 13,038 PRN   SOLE 0 13,038 0 0
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 694 11,550 PRN   SOLE 0 11,550 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 730 9,656 PRN   SOLE 0 9,656 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 854 25,414 PRN   SOLE 0 25,414 0 0
SCHWAB STRATEGIC TR US BRD MKT ETF 808524102 1,467 19,094 PRN   SOLE 0 19,094 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 2,349 51,116 PRN   SOLE 0 51,116 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 8,189 106,615 PRN   SOLE 0 106,615 0 0
SELECTIVE INS GROUP COM 816300107 5,403 82,886 SH   SOLE 0 82,886 0 0
SIMON PROPERTY GROUP COM 828806109 1,877 12,604 SH   SOLE 0 12,604 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 3,112 68,991 SH   SOLE 0 68,991 0 0
SKYWEST INC COM 830879102 11,566 178,968 SH   SOLE 0 178,968 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 213 1,770 SH   SOLE 0 1,770 0 0
SL GREEN REALTY COM 78440X101 519 5,659 SH   SOLE 0 5,659 0 0
SOUTH JERSEY INDS INC COM 838518108 5,647 171,234 SH   SOLE 0 171,234 0 0
SOUTHERN CO COM 842587107 210 3,310 SH   SOLE 0 3,310 0 0
SOUTHWEST AIRLS CO COM 844741108 341 6,330 SH   SOLE 0 6,330 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,703 5,294 PRN   SOLE 0 5,294 0 0
SPIRE, INC COM 84857L101 6,068 72,841 SH   SOLE 0 72,841 0 0
STERLING BANCORP COM 85917A100 6,550 310,765 SH   SOLE 0 310,765 0 0
STERLING CONSTRUCTION COMPANY, INC. COM 859241101 3,550 252,137 SH   SOLE 0 252,137 0 0
STIFEL FINANCIAL CORP COM 860630102 6,710 110,643 SH   SOLE 0 110,643 0 0
STORE CAPITAL CORPORATION COM 862121100 877 23,551 SH   SOLE 0 23,551 0 0
SUN COMMUNITIES INC COM 866674104 1,950 12,994 SH   SOLE 0 12,994 0 0
SYNEOS HEALTH, INC. CLASS A COM 87166B102 9,037 151,951 SH   SOLE 0 151,951 0 0
SYNNEX CORP COM 87162W100 9,303 72,233 SH   SOLE 0 72,233 0 0
TEGNA, INC. COM 87901J105 3,688 220,993 SH   SOLE 0 220,993 0 0
TERRAFORM PWR INC COM CL A 88104R209 4,984 323,889 PRN   SOLE 0 323,889 0 0
TERRENO REALTY CORPORATION COM 88146M101 3,377 62,384 SH   SOLE 0 62,384 0 0
TIMKEN CO COM 887389104 3,975 70,594 SH   SOLE 0 70,594 0 0
TIVITY HEALTH, INC. COM 88870R102 3,724 183,091 SH   SOLE 0 183,091 0 0
TOPBUILD CORP COM 89055F103 13,608 132,015 SH   SOLE 0 132,015 0 0
TRIUMPH BANCORP, INC. COM 89679E300 8,151 214,404 SH   SOLE 0 214,404 0 0
UMPQUA HOLDINGS CORP COM 904214103 5,998 338,897 SH   SOLE 0 338,897 0 0
UNILEVER NV N Y SHS NEW 904784709 344 6,000 PRN   SOLE 0 6,000 0 0
VENTAS INC COM 92276F100 265 4,591 SH   SOLE 0 4,591 0 0
VERINT SYS INC COM 92343X100 6,825 123,296 SH   SOLE 0 123,296 0 0
VERIZON COMMUNICATIONS COM 92343V104 612 9,978 SH   SOLE 0 9,978 0 0
VISA INC COM CL A 92826C839 220 1,172 PRN   SOLE 0 1,172 0 0
VORNADO REALTY TRUST SH BEN INT 929042109 204 3,082 PRN   SOLE 0 3,082 0 0
WALT DISNEY CO COM 254687106 958 6,627 SH   SOLE 0 6,627 0 0
WELLTOWER INC COM 95040Q104 1,698 20,764 SH   SOLE 0 20,764 0 0
WESBANCO, INC. COM 950810101 6,769 179,126 SH   SOLE 0 179,126 0 0
WILLIAMS SONOMA INC COM 969904101 6,185 84,219 SH   SOLE 0 84,219 0 0
WINTRUST FINL CORP COM 97650W108 9,711 136,979 SH   SOLE 0 136,979 0 0
WORLD FUEL SERVICES CORPORATION COM 981475106 3,814 87,854 SH   SOLE 0 87,854 0 0
WPX ENERGY INC COM 98212B103 9,484 690,275 SH   SOLE 0 690,275 0 0