| VIRC Virco MFG Corporation | 10.39% | 1,119,020 | $15.6M | Reduce -0.3% |
| USAP Universal Stainless & Alloy | 9.55% | 524,771 | $14.3M | Reduce -32.1% |
| EML The Eastern Co. | 8.35% | 499,024 | $12.5M | Add +2.1% |
| GLDD Great Lakes Dredge & Dock Co. | 7.73% | 1,322,337 | $11.6M | Add +0.8% |
| ATRO Astronics Corp. | 6.17% | 463,105 | $9.3M | No change |
| TG Tredegar Corp. | 5.13% | 1,607,750 | $7.7M | Add +7.5% |
| ESCA Escalade Inc. | 4.85% | 537,814 | $7.3M | No change |
| INFU Infusystem Holdings Inc. | 3.85% | 846,851 | $5.8M | No change |
| DLHC DLH Holdings Corp. filed as DLH HLDGS CORP | 3.63% | 512,581 | $5.4M | Add +1.4% |
| NVGS Navigator Holdings Ltd. | 3.63% | 311,612 | $5.4M | Reduce -6.3% |
| KEQU Kewaunee Scientific CP | 3.35% | 108,012 | $5.0M | Reduce -25.3% |
| UFI Unifi Inc. | 2.86% | 728,486 | $4.3M | Add +25.2% |
| THRY Thryv Holdings Inc. | 2.67% | 224,829 | $4.0M | No change |
| SGA Saga Communications Inc. Class A | 2.41% | 232,630 | $3.6M | Reduce -0.2% |
| PBHC Pathfinder Bancorp Inc. | 2.27% | 262,204 | $3.4M | No change |
| CAC Camden National Corp. | 1.97% | 89,568 | $3.0M | No change |
| RAIL Freightcar America Inc. | 1.81% | 786,412 | $2.7M | No change |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 1.68% | 802,960 | $2.5M | Add +12.6% |
| CRD.B Crawford & Co. Class B | 1.57% | 276,002 | $2.4M | Add +1.4% |
| NODK Ni Holdings Inc. filed as NI HLDGS INC | 1.33% | 129,900 | $2.0M | No change |
| FSTR Foster (lb) Co. Class A | 1.15% | 79,798 | $1.7M | No change |
| UIS Unisys Corp. | 0.95% | 345,347 | $1.4M | No change |
| CTGO Contango Silver & Gold Inc. | 0.83% | 70,147 | $1.3M | No change |
| SIF Sifco Industries | 0.78% | 378,608 | $1.2M | No change |
| DORM Dorman Products Inc. | 0.76% | 12,490 | $1.1M | Reduce -0.8% |
| MPB Mid Penn Bancorp Inc. | 0.75% | 51,732 | $1.1M | No change |
| HONE Harborone Bancorp Inc. | 0.66% | 88,414 | $983K | Add +22.1% |
| VBFC Village Bank and Trust Finan | 0.59% | 19,745 | $884K | No change |
| FNB FNB Corp. | 0.58% | 64,075 | $877K | No change |
| CFG Citizens Financial Group | 0.57% | 23,585 | $849K | No change |
| CZNC Citizens & Northern Corp. | 0.51% | 42,900 | $760K | No change |
| ICCH Icc Holdings Inc. filed as ICC HLDGS INC | 0.50% | 33,367 | $747K | No change |
| DGICA Donegal Group Inc. Class A | 0.40% | 46,490 | $596K | No change |
| FRBA First Bank/Hamilton NJ | 0.35% | 41,143 | $521K | No change |
| CLBK Columbia Financial Inc. | 0.34% | 33,794 | $506K | No change |
| UTMD Utah Medical Products Inc. | 0.34% | 7,534 | $503K | New |
| CPBI Central Plains Bancshares Inc. | 0.33% | 49,117 | $497K | Add +9.0% |
| ECBK Ecb Bancorp Inc. | 0.30% | 36,440 | $455K | Add +12.6% |
| USLM United States Lime & Mineral | 0.30% | 1,250 | $452K | No change |
| NWBI Northwest Bancshares Inc. | 0.29% | 38,000 | $439K | No change |
| HBNC Horizon Bancorp Inc. | 0.29% | 35,052 | $433K | No change |
| SSB Southstate Bank Corp. | 0.29% | 5,661 | $432K | No change |
| LSBK Lake Shore Bancorp Inc. | 0.24% | 30,118 | $362K | No change |
| FCF First Commonwealth Finl Corp. | 0.24% | 25,560 | $353K | No change |
| RMBI Richmond Mutual Bancorporati | 0.23% | 30,000 | $352K | No change |
| CZFS Citizens Financial Services | 0.23% | 7,803 | $351K | Add +1.0% |
| NWFL Norwood Financial Corp. | 0.23% | 13,681 | $343K | No change |
| ACNT Ascent Industries Co. | 0.22% | 34,915 | $334K | Reduce -37.2% |
| FRME First Merchants Corp. | 0.22% | 9,875 | $329K | No change |
| CBU Community Financial System I | 0.21% | 6,618 | $312K | No change |
| DLX Deluxe Corp. | 0.21% | 13,900 | $312K | No change |
| PBBK PB Bankshares Inc. | 0.19% | 20,560 | $282K | No change |
| FSFG First Savings Financial Grp | 0.19% | 16,221 | $282K | No change |
| EBMT Eagle Bancorp Montana Inc. | 0.18% | 21,098 | $277K | No change |
| PRA Proassurance Corp. | 0.14% | 17,234 | $211K | No change |
| DGICB Donegal Group Inc. Class B | 0.13% | 17,856 | $199K | No change |
| ASRV Ameriserv Financial Inc. | 0.09% | 58,200 | $130K | No change |