| Abacus Global Management | CL A | $684K | 0.1% | 80,000 SH | New |
| Algoma Steel Group | COM | $3.6M | 0.6%Prev: 0.6% | 872,277 SH | Increased-119,900 SH |
| American Axle & MFG Holdings Inc | COM | $6.4M | 1.1%Prev: 1.1% | 1,005,000 SH | Decreased-102,500 SH |
| AMREP Corp | COM | $2.7M | 0.5%Prev: 0.6% | 141,360 SH | Decreased |
| Arcelormittal SA Luxemberg | NY Registry SH | $9.3M | 1.6%Prev: 1.3% | 205,000 SH | Increased |
| Atkore International Group Inc | COM | $1.6M | 0.3%Prev: 0.3% | 25,000 SH | Increased |
| Bally's Corporation | COMMON STOCK | $826K | 0.1%Prev: 0.2% | 50,000 SH | Decreased |
| BCP Investment Corporation | COM NEW | $2.0M | 0.3%Prev: 0.2% | 167,447 SH | Increased+45,000 SH |
| Bluelinx Holdings Inc | COM NEW | $24.2M | 4.2%Prev: 4.9% | 393,649 SH | Decreased |
| Brightview Holdings Inc | COM | $253K | 0.0%Prev: 0.0% | 20,000 SH | Decreased |
| Builders FirstSource Inc | COM | $30.1M | 5.2%Prev: 6.0% | 292,265 SH | Decreased |
| Carriage Services Inc | COM | $3.0M | 0.5%Prev: 0.5% | 71,007 SH | Decreased |
| Century Casinos Inc | COM | $51K | 0.0%Prev: 0.0% | 38,283 SH | Decreased |
| Civeo Corporation | COM NEW | $4.4M | 0.8%Prev: 0.8% | 193,750 SH | Decreased |
| Cleveland-Cliffs Inc New | COM | $151K | 0.0%Prev: 0.0% | 11,350 SH | Increased |
| Colliers Intl Group Inc | SUB VTG SHS | $4.4M | 0.8%Prev: 0.8% | 30,104 SH | Decreased |
| Commercial Vehicle Group Inc | COM | $97K | 0.0%Prev: 0.0% | 67,322 SH | Decreased |
| Concrete Pumping Holdings Inc | COM | $2.3M | 0.4%Prev: 0.4% | 341,400 SH | Decreased |
| Conduent Inc | COM | $2.1M | 0.4%Prev: 0.5% | 1,113,061 SH | Decreased |
| Core Natural Resources | COM SHS | $41.3M | 7.1%Prev: 6.6% | 466,779 SH | Increased |
| CoreCivic Inc | COM | $16.2M | 2.8%Prev: 2.9% | 845,210 SH | Decreased |
| Dana Incorporated | COM | $44.0M | 7.6%Prev: 6.3% | 1,852,293 SH | Increased |
| Ezcorp Inc | CL A NON VTG | $583K | 0.1%Prev: 0.1% | 30,000 SH | Increased |
| Fathom Holdings Inc | COM | $71K | 0.0%Prev: 0.0% | 69,882 SH | Decreased |
| Ferroglobe PLC | SHS | $3.0M | 0.5%Prev: 0.5% | 655,000 SH | Increased |
| FirstService Corp | COM | $1.6M | 0.3%Prev: 0.3% | 10,104 SH | Decreased |
| Fluent Co | COM | $5.2M | 0.9%Prev: 0.5% | 2,169,483 SH | Increased+708,677 SH |
| Forum Energy Technoligies Inc | Com | $4.5M | 0.8%Prev: 0.5% | 120,800 SH | Increased |
| FS KKR Capital Corp | COM | $555K | 0.1%Prev: 0.1% | 37,500 SH | Decreased |
| Garrett Motion Inc | COM | $1.6M | 0.3%Prev: 0.2% | 91,000 SH | Increased |
| Geo Group Inc | COM | $1.3M | 0.2%Prev: 0.3% | 80,000 SH | Decreased |
| GSI Technology | COM | $205K | 0.0%Prev: 0.0% | 33,000 SH | Increased |
| Hallador Energy Company | COM | $3.0M | 0.5%Prev: 0.5% | 160,000 SH | Decreased |
| Hudson Technologies Inc | COM | $2.1M | 0.4%Prev: 0.5% | 306,200 SH | Decreased |
| IES Holdings Inc | COM | $327K | 0.1%Prev: 0.1% | 841 SH | Decreased |
| Information Services Group Inc | COM | $2.8M | 0.5%Prev: 0.5% | 487,641 SH | Increased |
| Inspired Entertainment | COM | $608K | 0.1%Prev: 0.1% | 65,000 SH | Decreased |
| Kelly Services Inc | CL A | $1.8M | 0.3%Prev: 0.3% | 207,160 SH | Increased+89,674 SH |
| Koppers Holdings Inc | COM | $1.9M | 0.3% | 70,000 SH | New |
| Kratos Defense & Sec Solutions | COM NEW | $249K | 0.0%Prev: 0.1% | 3,281 SH | Decreased |
| Lifetime Brands | COM | $6.4M | 1.1%Prev: 1.0% | 1,627,852 SH | Increased+40,000 SH |
| Limbach Holdings Inc | COM | $79K | 0.0%Prev: 0.3% | 20,000 SH | Decreased |
| LSB Inds Inc | COM | $595K | 0.1%Prev: 0.1% | 70,000 SH | Increased |
| Magnera Corp | COM SHS | $7.8M | 1.3%Prev: 0.3% | 515,000 SH | Increased+345,000 SH |
| Mayville Engineering Co Inc | COM | $4.7M | 0.8%Prev: 0.8% | 250,512 SH | Increased |
| Mistras Group Inc | COM | $2.6M | 0.4%Prev: 0.3% | 202,243 SH | Increased |
| Mount Logan Capital Inc | COM | $2.9M | 0.5%Prev: 0.4% | 352,506 SH | Increased+45,000 SH |
| Nexxen International LTD | SPON ADR | $28.5M | 4.9%Prev: 6.3% | 4,361,625 SH | Decreased+358,750 SH |
| NORTH AMERN CONSTR GROUP LTD | COM | $287K | 0.0%Prev: 0.0% | 20,000 SH | Increased |
| O-I Glass Inc | COM | $2.3M | 0.4%Prev: 0.3% | 155,000 SH | Increased |
| Oil States International Inc | COM | $575K | 0.1% | 85,000 SH | New |
| Olympic Steel Inc | COM | $9.5M | 1.6%Prev: 1.1% | 222,499 SH | Increased |
| Oppenheimer Holdings Inc | CL A NON VTG | $36.4M | 6.3%Prev: 6.3% | 503,954 SH | Decreased |
| Orion Group Hldgs Inc | COM | $1.3M | 0.2%Prev: 0.2% | 130,000 SH | Increased |
| Orion S.A. | COM | $1.8M | 0.3% | 335,000 SH | New |
| Outdoor Holdings Co | COM | $941K | 0.2%Prev: 0.1% | 550,000 SH | Increased |
| Park-Ohio Holdings Corp | COM | $2.5M | 0.4%Prev: 0.3% | 117,599 SH | Increased+40,700 SH |
| Quipt Home Medical | COM | $706K | 0.1%Prev: 0.1% | 200,000 SH | Increased |
| RadNet Inc | COM | $101.6M | 17.5%Prev: 18.4% | 1,424,061 SH | Decreased |
| Ramaco Resources Inc | COM CL A | $3.8M | 0.7%Prev: 1.2% | 210,000 SH | Decreased |
| Ramaco Resources Inc | COM CL B | $690K | 0.1%Prev: 0.2% | 58,695 SH | Decreased+832 SH |
| Ranger Energy Services Inc | COM CL A | $511K | 0.1%Prev: 0.1% | 36,576 SH | Decreased |
| Rayonier Advanced Materials Inc | COM | $589K | 0.1%Prev: 0.1% | 100,000 SH | Decreased |
| RCI Hospitality Holdings Inc | COM | $1.4M | 0.2%Prev: 0.3% | 60,000 SH | Decreased |
| RideNow Group Inc | COM CL B | $386K | 0.1%Prev: 0.1% | 70,000 SH | Increased |
| Rimini Str Inc Del | COM | $230K | 0.0%Prev: 0.0% | 59,193 SH | Decreased |
| Rush Enterprises Inc Cl A | CL A | $1.1M | 0.2%Prev: 0.2% | 20,418 SH | Increased |
| Rush Enterprises Inc Cl B | CL B | $1.1M | 0.2%Prev: 0.2% | 20,418 SH | Decreased |
| Ryerson Holding Corporation | COM | $59.0M | 10.1%Prev: 8.2% | 2,343,475 SH | Increased+218,437 SH |
| Saratoga Investment Corp | COM NEW | $781K | 0.1%Prev: 0.1% | 33,847 SH | Decreased |
| Sinclair Broadcast Group Inc | CL A | $3.0M | 0.5%Prev: 0.5% | 195,000 SH | Increased |
| Smart Sand Inc | COM | $1.8M | 0.3%Prev: 0.2% | 460,000 SH | Increased |
| Sportsmans Warehouse Holdings Inc | COM | $2.5M | 0.4%Prev: 0.8% | 1,710,794 SH | Decreased |
| Stride, Inc | COM | $1.3M | 0.2% | 20,000 SH | New |
| Summit Midstream Corporation | COM | $612K | 0.1% | 22,956 SH | New |
| Tidewater | COM | $1.3M | 0.2%Prev: 0.2% | 25,000 SH | Decreased |
| Titan International Inc | COM | $392K | 0.1%Prev: 0.1% | 50,000 SH | Increased |
| Torrid Holdings Inc | COM | $147K | 0.0%Prev: 0.0% | 150,000 SH | Decreased |
| Townsquare Media Inc | CL A | $2.3M | 0.4%Prev: 0.5% | 467,807 SH | Decreased |
| Trimas Corp | COM NEW | $790K | 0.1%Prev: 0.1% | 22,277 SH | Decreased |
| Tutor Perini Corp | COM | $34.2M | 5.9%Prev: 8.0% | 509,554 SH | Decreased-210,000 SH |
| Varex Imaging | COM | $3.8M | 0.7%Prev: 0.7% | 326,254 SH | Decreased+12,290 SH |
| Victory Cap Holdings Inc | COM CL A | $15.3M | 2.6%Prev: 2.6% | 241,812 SH | Decreased |
| Village Farms International Inc | COM | $657K | 0.1%Prev: 0.1% | 180,000 SH | Increased |
| World Acceptance Corp | COM | $4K | 0.0%Prev: 0.0% | 1,069 SH | Decreased |
| Xpel Inc | COM | $1.2M | 0.2%Prev: 0.1% | 25,000 SH | Increased |