| EML The Eastern Co. | 9.11% | 505,987 | $12.8M | Add +1.0% |
| TG Tredegar Corp. | 9.07% | 1,657,107 | $12.8M | No change |
| GLDD Great Lakes Dredge & Dock Co. | 8.59% | 1,389,807 | $12.1M | Add +3.6% |
| VIRC Virco MFG Corporation | 8.14% | 1,210,455 | $11.5M | Add +4.1% |
| ATRO Astronics Corp. | 7.96% | 463,105 | $11.2M | No change |
| ESCA Escalade Inc. | 5.85% | 537,814 | $8.2M | No change |
| INFU Infusystem Holdings Inc. | 3.48% | 910,677 | $4.9M | Add +7.5% |
| UTMD Utah Medical Products Inc. | 3.46% | 86,902 | $4.9M | Add +10.9% |
| UFI Unifi Inc. | 3.10% | 907,774 | $4.4M | Add +6.1% |
| PBHC Pathfinder Bancorp Inc. | 3.06% | 262,204 | $4.3M | No change |
| DLHC DLH Holdings Corp. filed as DLH HLDGS CORP | 2.93% | 1,018,397 | $4.1M | Add +20.1% |
| NVGS Navigator Holdings Ltd. | 2.85% | 301,212 | $4.0M | Reduce -1.6% |
| SSP Ew Scripps Co./the-A filed as SCRIPPS E W CO OHIO | 2.65% | 1,259,842 | $3.7M | Add +7.9% |
| CAC Camden National Corp. | 2.58% | 89,568 | $3.6M | No change |
| CRD.B Crawford & Co. Class B | 2.25% | 276,688 | $3.2M | No change |
| KEQU Kewaunee Scientific CP | 2.06% | 73,765 | $2.9M | Reduce -32.6% |
| SGA Saga Communications Inc. Class A | 2.01% | 226,688 | $2.8M | No change |
| THRY Thryv Holdings Inc. | 1.84% | 202,329 | $2.6M | Reduce -9.6% |
| NODK Ni Holdings Inc. filed as NI HLDGS INC | 1.32% | 129,900 | $1.9M | No change |
| UIS Unisys Corp. | 1.13% | 345,347 | $1.6M | No change |
| VBFC Village Bank and Trust Finan | 1.13% | 19,745 | $1.6M | No change |
| FSTR Foster (lb) Co. Class A | 1.12% | 79,798 | $1.6M | No change |
| MPB Mid Penn Bancorp Inc. | 0.95% | 51,732 | $1.3M | No change |
| SIF Sifco Industries | 0.92% | 466,751 | $1.3M | No change |
| RAIL Freightcar America Inc. | 0.86% | 219,005 | $1.2M | No change |
| DORM Dorman Products Inc. | 0.74% | 8,590 | $1.0M | No change |
| CFG Citizens Financial Group | 0.69% | 23,585 | $966K | No change |
| HONE Harborone Bancorp Inc. | 0.65% | 88,414 | $917K | No change |
| DGICA Donegal Group Inc. Class A | 0.65% | 46,490 | $913K | No change |
| CZNC Citizens & Northern Corp. | 0.61% | 42,900 | $863K | No change |
| FNB FNB Corp. | 0.61% | 64,075 | $862K | No change |
| ECBK Ecb Bancorp Inc. | 0.54% | 49,940 | $757K | Add +37.0% |
| CPBI Central Plains Bancshares Inc. | 0.52% | 49,117 | $733K | No change |
| CTGO Contango Silver & Gold Inc. | 0.51% | 70,147 | $716K | No change |
| FRBA First Bank/Hamilton NJ | 0.43% | 41,143 | $609K | No change |
| USLM United States Lime & Mineral | 0.39% | 6,250 | $552K | No change |
| HBNC Horizon Bancorp Inc. | 0.38% | 35,052 | $529K | No change |
| SSB Southstate Bank Corp. | 0.37% | 5,661 | $525K | No change |
| CLBK Columbia Financial Inc. | 0.36% | 33,794 | $507K | No change |
| LSBK Lake Shore Bancorp Inc. | 0.34% | 30,118 | $476K | No change |
| NWBI Northwest Bancshares Inc. | 0.32% | 38,000 | $457K | No change |
| CZFS Citizens Financial Services | 0.32% | 7,803 | $453K | No change |
| FSFG First Savings Financial Grp | 0.30% | 16,221 | $418K | No change |
| PRA Proassurance Corp. | 0.29% | 17,234 | $402K | No change |
| FRME First Merchants Corp. | 0.28% | 9,875 | $399K | No change |
| FCF First Commonwealth Finl Corp. | 0.28% | 25,560 | $397K | No change |
| ACNT Ascent Industries Co. | 0.27% | 30,415 | $385K | No change |
| RMBI Richmond Mutual Bancorporati | 0.27% | 30,000 | $384K | No change |
| CBU Community Financial System I | 0.27% | 6,618 | $376K | No change |
| EBMT Eagle Bancorp Montana Inc. | 0.25% | 21,098 | $353K | No change |
| PBBK PB Bankshares Inc. | 0.24% | 20,560 | $338K | No change |
| NWFL Norwood Financial Corp. | 0.23% | 13,681 | $331K | No change |
| DGICB Donegal Group Inc. Class B | 0.21% | 17,856 | $296K | No change |
| DLX Deluxe Corp. | 0.16% | 13,900 | $220K | No change |
| ASRV Ameriserv Financial Inc. | 0.10% | 58,200 | $141K | No change |