Paradigm Capital Management 13FHR Quarterly holdings report by institutional manager | SEC 15 May 24

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

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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
A10 Networks, Inc.	COM	002121101	1,416,915	103,500	SH		SOLE		103,500	0	0
A10 Networks, Inc.	COM	002121101	4,439,667	324,300	SH		DFND	1	0	324,300	0
Abbott Laboratories	COM	002824100	897,914	7,900	SH		SOLE		7,900	0	0
Addus homeCare Corporation	COM	006739106	1,526,332	14,770	SH		SOLE		14,770	0	0
Addus homeCare Corporation	COM	006739106	3,988,924	38,600	SH		DFND	1	0	38,600	0
Adtran Inc	COM	00486h105	3,514,784	646,100	SH		SOLE		646,100	0	0
Adtran Inc	COM	00486h105	1,360,000	250,000	SH		DFND	1	0	250,000	0
Air Transport Services Group	COM	00922R105	509,120	37,000	SH		DFND	1	0	37,000	0
Amer Eagle Outfitters	COM	02553E106	99,936	3,875	SH		SOLE		3,875	0	0
Amer Eagle Outfitters	COM	02553E106	3,685,391	142,900	SH		DFND	1	0	142,900	0
American Financial Group	COM	025932104	880,296	6,450	SH		DFND	1	0	6,450	0
AngioDynamics, Inc.	COM	03475V101	4,221,117	719,100	SH		SOLE		719,100	0	0
AngioDynamics, Inc.	COM	03475V101	2,113,200	360,000	SH		DFND	1	0	360,000	0
Applied Materials	COM	038222105	412,460	2,000	SH		SOLE		2,000	0	0
Arlo Technologies, Inc.	COM	04206a101	1,437,040	113,600	SH		SOLE		113,600	0	0
Arlo Technologies, Inc.	COM	04206a101	1,740,640	137,600	SH		DFND	1	0	137,600	0
ATI Inc.	COM	01741R102	921,060	18,000	SH		DFND	1	0	18,000	0
Atricure Inc	COM	04963C209	1,107,288	36,400	SH		SOLE		36,400	0	0
Atricure Inc	COM	04963C209	1,852,578	60,900	SH		DFND	1	0	60,900	0
AVIAT NETWORKS INC COM NEW	COM	05366Y201	31,906,548	832,200	SH		SOLE		832,200	0	0
AVIAT NETWORKS INC COM NEW	COM	05366Y201	6,517,800	170,000	SH		DFND	1	0	170,000	0
Axcelis Technologies Inc.	COM	054540208	30,311,136	271,800	SH		SOLE		271,800	0	0
Axcelis Technologies Inc.	COM	054540208	6,468,160	58,000	SH		DFND	1	0	58,000	0
Azenta Inc	COM	114340102	223,036	3,700	SH		SOLE		3,700	0	0
Azenta Inc	COM	114340102	2,284,612	37,900	SH		DFND	1	0	37,900	0
Banner Corp New	COM	06652V208	432,000	9,000	SH		DFND	1	0	9,000	0
Baxter International	COM	071813109	226,522	5,300	SH		SOLE		5,300	0	0
Best Buy Co	COM	086516101	3,437,057	41,900	SH		DFND	1	0	41,900	0
Boise Cascade Company	COM	09739D100	210,884	1,375	SH		SOLE		1,375	0	0
Boise Cascade Company	COM	09739D100	6,441,540	42,000	SH		DFND	1	0	42,000	0
Bristol-Myers Squibb	COM	110122108	547,723	10,100	SH		SOLE		10,100	0	0
Broadcom Ltd	COM	11135F101	107,225,669	80,900	SH		SOLE		80,900	0	0
Builders Firstsource Inc	COM	12008R107	8,978,077	43,050	SH		SOLE		43,050	0	0
Builders Firstsource Inc	COM	12008R107	8,905,085	42,700	SH		DFND	1	0	42,700	0
Caleres Inc	COM	129500104	23,735,855	578,500	SH		SOLE		578,500	0	0
Caleres Inc	COM	129500104	5,744,200	140,000	SH		DFND	1	0	140,000	0
Calix Inc	COM	13100M509	36,522,424	1,101,400	SH		SOLE		1,101,400	0	0
Calix Inc	COM	13100M509	3,979,200	120,000	SH		DFND	1	0	120,000	0
Cambium Networks Corporation	COM	G17766109	7,435,741	1,725,230	SH		SOLE		1,725,230	0	0
Cambium Networks Corporation	COM	G17766109	1,740,020	403,717	SH		DFND	1	0	403,717	0
Carpenter Technology Corp	COM	144285103	1,114,152	15,600	SH		DFND	1	0	15,600	0
CDW Corporation	COM	12514G108	767,340	3,000	SH		SOLE		3,000	0	0
Cerence Inc.	COM	156727109	23,528,736	1,493,888	SH		SOLE		1,493,888	0	0
Cerence Inc.	COM	156727109	3,780,000	240,000	SH		DFND	1	0	240,000	0
Ciena Corp	COM	171779309	11,818,550	239,000	SH		SOLE		239,000	0	0
Cigna Corp New	COM	125523100	944,294	2,600	SH		SOLE		2,600	0	0
Citi Trends, Inc.	COM	17306X102	14,598,653	538,100	SH		SOLE		538,100	0	0
Citi Trends, Inc.	COM	17306X102	2,713,000	100,000	SH		DFND	1	0	100,000	0
Codexis, Inc.	COM	192005106	349,000	100,000	SH		SOLE		100,000	0	0
Codexis, Inc.	COM	192005106	2,792,000	800,000	SH		DFND	1	0	800,000	0
Coherent Inc	COM	19247g107	3,031,000	50,000	SH		SOLE		50,000	0	0
Cohu Inc.	COM	192576106	18,764,757	562,999	SH		SOLE		562,999	0	0
Cohu Inc.	COM	192576106	1,088,224	32,650	SH		DFND	1	0	32,650	0
Colgate-Palmolive	COM	194162103	1,782,990	19,800	SH		SOLE		19,800	0	0
Comtech Telecommunications Cor	COM	205826209	3,749,676	1,093,200	SH		SOLE		1,093,200	0	0
Concentrix Corp	COM	20602D101	14,935,391	225,542	SH		SOLE		225,542	0	0
Concentrix Corp	COM	20602D101	3,304,378	49,900	SH		DFND	1	0	49,900	0
Conduent Inc	COM	206787103	436,930	130,000	SH		DFND	1	0	130,000	0
Consensus Cloud Solutions, Inc	COM	20848V105	25,376	1,600	SH		SOLE		1,600	0	0
Consensus Cloud Solutions, Inc	COM	20848V105	281,769	17,766	SH		DFND	1	0	17,766	0
Cross Country Healthcare, Inc.	COM	227483104	986,544	52,700	SH		SOLE		52,700	0	0
Cross Country Healthcare, Inc.	COM	227483104	1,029,600	55,000	SH		DFND	1	0	55,000	0
Designer Brands Inc. CL A	COM	250565108	332,272	30,400	SH		SOLE		30,400	0	0
Designer Brands Inc. CL A	COM	250565108	557,430	51,000	SH		DFND	1	0	51,000	0
Ducommun Inc	COM	264147109	65,653,740	1,279,800	SH		SOLE		1,279,800	0	0
Ducommun Inc	COM	264147109	6,156,000	120,000	SH		DFND	1	0	120,000	0
Edwards Lifesciences Corporati	COM	28176E108	621,140	6,500	SH		SOLE		6,500	0	0
EMCOR Group, Inc.	COM	29084Q100	306,425	875	SH		SOLE		875	0	0
EMCOR Group, Inc.	COM	29084Q100	12,799,810	36,550	SH		DFND	1	0	36,550	0
EnerSys	COM	29275Y102	37,255,024	394,400	SH		SOLE		394,400	0	0
EnerSys	COM	29275Y102	1,700,280	18,000	SH		DFND	1	0	18,000	0
Ensign Group, Inc.	COM	29358P101	36,106,684	290,200	SH		SOLE		290,200	0	0
Ensign Group, Inc.	COM	29358P101	7,465,200	60,000	SH		DFND	1	0	60,000	0
Entegris Inc	COM	29362U104	73,600,798	523,700	SH		SOLE		523,700	0	0
Entegris Inc	COM	29362U104	1,405,400	10,000	SH		DFND	1	0	10,000	0
Enviri Corp	COM	415864107	29,979,060	3,276,400	SH		SOLE		3,276,400	0	0
Enviri Corp	COM	415864107	4,575,000	500,000	SH		DFND	1	0	500,000	0
Eton Pharmaceuticals, Inc.	COM	29772L108	1,125,000	300,000	SH		DFND	1	0	300,000	0
Extreme Networks	COM	30226D106	57,525,746	4,984,900	SH		SOLE		4,984,900	0	0
Extreme Networks	COM	30226D106	3,923,600	340,000	SH		DFND	1	0	340,000	0
Fabrinet	COM	G3323L100	100,917,778	533,900	SH		SOLE		533,900	0	0
Fabrinet	COM	G3323L100	1,134,120	6,000	SH		DFND	1	0	6,000	0
Federal Signal Corp	COM	313855108	7,638,300	90,000	SH		SOLE		90,000	0	0
Fidelity National Financial	COM	31620R303	313,290	5,900	SH		DFND	1	0	5,900	0
First Merchants Corporation	COM	320817109	1,116,800	32,000	SH		DFND	1	0	32,000	0
Formfactor Inc	COM	346375108	1,273,077	27,900	SH		SOLE		27,900	0	0
Garmin LTD	COM	H2906T109	2,839,695	19,075	SH		DFND	1	0	19,075	0
GATX Corp	COM	361448103	100,522	750	SH		SOLE		750	0	0
GATX Corp	COM	361448103	1,326,897	9,900	SH		DFND	1	0	9,900	0
Gen Digital Inc	COM	668771108	1,478,400	66,000	SH		SOLE		66,000	0	0
Gentherm Inc	COM	37253A103	863,700	15,000	SH		SOLE		15,000	0	0
Globus Medical Inc Cl A new	COM	379577208	48,554,928	905,200	SH		SOLE		905,200	0	0
Globus Medical Inc Cl A new	COM	379577208	5,696,568	106,200	SH		DFND	1	0	106,200	0
Halozyme Therapeutics, Inc.	COM	40637H109	406,800	10,000	SH		SOLE		10,000	0	0
Harrow Inc.	COM	415858109	1,428,840	108,000	SH		SOLE		108,000	0	0
Hewlett Packard Enterprises Co	COM	42824c109	354,600	20,000	SH		SOLE		20,000	0	0
Hillenbrand Inc	COM	431571108	75,435	1,500	SH		SOLE		1,500	0	0
Hillenbrand Inc	COM	431571108	1,096,322	21,800	SH		DFND	1	0	21,800	0
IAC/ InterActiveCorp	COM	44891N208	1,366,837	25,625	SH		DFND	1	0	25,625	0
Infinera Corp	COM	45667G103	25,493,031	4,227,700	SH		SOLE		4,227,700	0	0
Infinera Corp	COM	45667G103	4,824,000	800,000	SH		DFND	1	0	800,000	0
Insight Enterprises	COM	45765U103	100,950,708	544,150	SH		SOLE		544,150	0	0
Insight Enterprises	COM	45765U103	10,203,600	55,000	SH		DFND	1	0	55,000	0
Intl Business Machines	COM	459200101	821,128	4,300	SH		SOLE		4,300	0	0
J Jill Group	COM	46620W201	5,298,708	165,740	SH		DFND	1	0	165,740	0
Jabil Inc	COM	466313103	72,908,985	544,300	SH		SOLE		544,300	0	0
Jabil Inc	COM	466313103	4,206,030	31,400	SH		DFND	1	0	31,400	0
Johnson & Johnson	COM	478160104	4,540,053	28,700	SH		SOLE		28,700	0	0
Kadant Inc.	COM	48282T104	4,921,500	15,000	SH		SOLE		15,000	0	0
Kadant Inc.	COM	48282T104	5,840,180	17,800	SH		DFND	1	0	17,800	0
Kelly Services Inc Class A	COM	488152208	5,211,450	208,125	SH		DFND	1	0	208,125	0
Kforce, Inc.	COM	493732101	112,832	1,600	SH		SOLE		1,600	0	0
Kforce, Inc.	COM	493732101	7,392,259	104,825	SH		DFND	1	0	104,825	0
Kirkland's Inc.	COM	497498105	103,389	42,900	SH		SOLE		42,900	0	0
Kratos Defense & Security Solu	COM	50077B207	10,357,130	563,500	SH		SOLE		563,500	0	0
Kulicke & Soffa Industries Inc	COM	501242101	646,483	12,850	SH		SOLE		12,850	0	0
Kulicke & Soffa Industries Inc	COM	501242101	7,972,877	158,475	SH		DFND	1	0	158,475	0
Lumentum Holdings Inc.	COM	55024U109	426,150	9,000	SH		SOLE		9,000	0	0
Lumentum Holdings Inc.	COM	55024U109	1,164,810	24,600	SH		DFND	1	0	24,600	0
Marvell Technology Inc.	COM	573874104	155,936	2,200	SH		SOLE		2,200	0	0
Marvell Technology Inc.	COM	573874104	5,365,616	75,700	SH		DFND	1	0	75,700	0
Masimo Corp	COM	574795100	169,318	1,153	SH		SOLE		1,153	0	0
Masimo Corp	COM	574795100	1,497,870	10,200	SH		DFND	1	0	10,200	0
MaxLinear, Inc	COM	57776J100	2,373,349	127,121	SH		SOLE		127,121	0	0
Mid America Apartment Communit	COM	59522J103	107,238	815	SH		SOLE		815	0	0
Mid America Apartment Communit	COM	59522J103	2,802,654	21,300	SH		DFND	1	0	21,300	0
MiMedx	COM	602496101	26,245,450	3,408,500	SH		SOLE		3,408,500	0	0
MiMedx	COM	602496101	3,850,000	500,000	SH		DFND	1	0	500,000	0
Modine Manufacturing Co	COM	607828100	144,679,281	1,519,900	SH		SOLE		1,519,900	0	0
Modine Manufacturing Co	COM	607828100	14,278,500	150,000	SH		DFND	1	0	150,000	0
MYR Group Inc.	COM	55405W104	1,414,000	8,000	SH		SOLE		8,000	0	0
Natera, Inc.	COM	632307104	2,835,260	31,000	SH		SOLE		31,000	0	0
Natera, Inc.	COM	632307104	6,292,448	68,800	SH		DFND	1	0	68,800	0
National Bank Hldgs Corp Cl A	COM	633707104	504,980	14,000	SH		DFND	1	0	14,000	0
Nature's Sunshine Products, In	COM	639027101	11,386,114	548,200	SH		SOLE		548,200	0	0
Neogen Corporation	COM	640491106	820,560	52,000	SH		SOLE		52,000	0	0
Neogen Corporation	COM	640491106	3,236,478	205,100	SH		DFND	1	0	205,100	0
Ocular Therapeutix Inc.	COM	67576a100	1,274,000	140,000	SH		DFND	1	0	140,000	0
Onto Innovation Inc.	COM	683344105	195,600,624	1,080,189	SH		SOLE		1,080,189	0	0
Onto Innovation Inc.	COM	683344105	12,675,600	70,000	SH		DFND	1	0	70,000	0
Ooma Inc.	COM	683416101	170,600	20,000	SH		SOLE		20,000	0	0
Orthofix International NV	COM	68752M108	23,042,703	1,586,963	SH		SOLE		1,586,963	0	0
Orthofix International NV	COM	68752M108	5,227,200	360,000	SH		DFND	1	0	360,000	0
Orthopediatrics Corp	COM	68752L100	145,800	5,000	SH		SOLE		5,000	0	0
Orthopediatrics Corp	COM	68752L100	3,481,704	119,400	SH		DFND	1	0	119,400	0
Pennant Group Inc.	COM	70805E109	18,705,427	952,900	SH		SOLE		952,900	0	0
Pennant Group Inc.	COM	70805E109	4,907,500	250,000	SH		DFND	1	0	250,000	0
PepsiCo Inc	COM	713448108	297,517	1,700	SH		SOLE		1,700	0	0
Pfizer, Inc	COM	717081103	471,750	17,000	SH		SOLE		17,000	0	0
Primoris Services Corp	COM	74164F103	638,550	15,000	SH		DFND	1	0	15,000	0
Procter & Gamble	COM	742718109	486,750	3,000	SH		SOLE		3,000	0	0
Progress Software Corp	COM	743312100	122,613	2,300	SH		SOLE		2,300	0	0
Progress Software Corp	COM	743312100	2,292,330	43,000	SH		DFND	1	0	43,000	0
PTC Inc	COM	69370C100	7,557,600	40,000	SH		SOLE		40,000	0	0
Pure Storage, Inc. Class A	COM	74624M102	1,403,730	27,000	SH		SOLE		27,000	0	0
Qorvo Inc.	COM	74736K101	158,465	1,380	SH		SOLE		1,380	0	0
Qorvo Inc.	COM	74736K101	2,813,335	24,500	SH		DFND	1	0	24,500	0
R1 RCM, Inc New	COM	77634l105	51,161,936	3,972,200	SH		SOLE		3,972,200	0	0
R1 RCM, Inc New	COM	77634l105	6,182,400	480,000	SH		DFND	1	0	480,000	0
Radnet Inc	COM	750491102	1,065,654	21,900	SH		SOLE		21,900	0	0
Radnet Inc	COM	750491102	1,411,140	29,000	SH		DFND	1	0	29,000	0
Regal Rexnord Corporation	COM	758750103	2,197,220	12,200	SH		DFND	1	0	12,200	0
Renasant Corporation	COM	75970E107	501,120	16,000	SH		DFND	1	0	16,000	0
Revvity Inc.	COM	714046109	99,750	950	SH		SOLE		950	0	0
Revvity Inc.	COM	714046109	4,919,250	46,850	SH		DFND	1	0	46,850	0
Ribbon Communications Inc	COM	762544104	28,564,480	8,926,400	SH		SOLE		8,926,400	0	0
Ribbon Communications Inc	COM	762544104	3,840,000	1,200,000	SH		DFND	1	0	1,200,000	0
Semtech Corp	COM	816850101	13,805,478	502,200	SH		SOLE		502,200	0	0
Semtech Corp	COM	816850101	2,199,200	80,000	SH		DFND	1	0	80,000	0
Sensient Technologies Corp	COM	81725T100	64,001	925	SH		SOLE		925	0	0
Sensient Technologies Corp	COM	81725T100	3,788,152	54,750	SH		DFND	1	0	54,750	0
SI-Bone, Inc.	COM	825704109	14,443,251	882,300	SH		SOLE		882,300	0	0
SI-Bone, Inc.	COM	825704109	3,274,000	200,000	SH		DFND	1	0	200,000	0
Skyworks Solutions, Inc.	COM	83088M102	1,332,336	12,300	SH		SOLE		12,300	0	0
Skyworks Solutions, Inc.	COM	83088M102	2,708,000	25,000	SH		DFND	1	0	25,000	0
Standard BioTools Inc.	COM	34385p108	673,164	248,400	SH		SOLE		248,400	0	0
Standard BioTools Inc.	COM	34385p108	817,336	301,600	SH		DFND	1	0	301,600	0
Summit Materials, Inc. Class a	COM	86614U100	30,480,977	683,890	SH		SOLE		683,890	0	0
Summit Materials, Inc. Class a	COM	86614U100	7,354,050	165,000	SH		DFND	1	0	165,000	0
Tactile Systems Technology	COM	87357P100	3,456,814	212,727	SH		SOLE		212,727	0	0
Tactile Systems Technology	COM	87357P100	6,662,500	410,000	SH		DFND	1	0	410,000	0
TD SYNNEX Corporation	COM	87162W100	7,571,140	66,942	SH		SOLE		66,942	0	0
TD SYNNEX Corporation	COM	87162W100	3,260,899	28,832	SH		DFND	1	0	28,832	0
TELA Bio, Inc.	COM	872381108	2,032,695	358,500	SH		SOLE		358,500	0	0
TELA Bio, Inc.	COM	872381108	888,858	156,765	SH		DFND	1	0	156,765	0
Teradyne Inc	COM	880770102	1,692,450	15,000	SH		SOLE		15,000	0	0
Teradyne Inc	COM	880770102	3,796,729	33,650	SH		DFND	1	0	33,650	0
Treace Medical Concepts, Inc.	COM	89455t109	261,000	20,000	SH		DFND	1	0	20,000	0
TruBridge, Inc.	COM	205306103	184,400	20,000	SH		SOLE		20,000	0	0
TTM Technologies, Inc.	COM	87305R109	680,775	43,500	SH		SOLE		43,500	0	0
Ultra Clean Holdings Inc	COM	90385V107	30,237,708	658,200	SH		SOLE		658,200	0	0
Veeco Instruments	COM	922417100	63,541,639	1,806,700	SH		SOLE		1,806,700	0	0
Veeco Instruments	COM	922417100	5,978,900	170,000	SH		DFND	1	0	170,000	0
Veradigm Inc.	COM	01988P108	851,620	110,600	SH		SOLE		110,600	0	0
Veradigm Inc.	COM	01988P108	2,002,000	260,000	SH		DFND	1	0	260,000	0
Viemed Healthcare Inc.	COM	92663R105	3,017,600	320,000	SH		DFND	1	0	320,000	0
WESCO International, Inc.	COM	95082P105	5,138,400	30,000	SH		SOLE		30,000	0	0
Westrock Co	COM	96145D105	18,735,616	378,880	SH		SOLE		378,880	0	0
Ziff-Davis Inc	COM	48123V102	72,496	1,150	SH		SOLE		1,150	0	0
Ziff-Davis Inc	COM	48123V102	453,888	7,200	SH		DFND	1	0	7,200	0
Zumiez, Inc.	COM	989817101	7,595	500	SH		SOLE		500	0	0
Zumiez, Inc.	COM	989817101	285,845	18,818	SH		DFND	1	0	18,818	0
Zurn Water Solutions Corp	COM	98983L108	2,881,767	86,100	SH		DFND	1	0	86,100	0

Paradigm Capital Management 13F-HRQuarterly holdings report by institutional manager