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 |
1ST CONSTITUTION BANCORP | COM | 31986N102 | 1,057 | 60,000 | SH | | SOLE | | 60,000 | 0 | 0 |
1ST SOURCE CORP | COM | 336901103 | 1,903 | 40,000 | SH | | SOLE | | 40,000 | 0 | 0 |
AFFIRM HLDGS INC | COM CL A | 00827B106 | 1,768 | 25,000 | SH | | SOLE | | 25,000 | 0 | 0 |
ALTABANCORP | COM | 021347109 | 1,682 | 40,000 | SH | | SOLE | | 40,000 | 0 | 0 |
AMERICAN RIV BANKSHARES | COM | 029326105 | 4,852 | 297,500 | SH | | SOLE | | 297,500 | 0 | 0 |
AMERIPRISE FINL INC | COM | 03076C106 | 2,906 | 12,501 | SH | | SOLE | | 12,501 | 0 | 0 |
AMERIS BANCORP | COM | 03076K108 | 11,397 | 217,045 | SH | | SOLE | | 217,045 | 0 | 0 |
ARES MANAGEMENT CORPORATION | CL A COM STK | 03990B101 | 2,802 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
ARTISAN PARTNERS ASSET MGMT | CL A | 04316A108 | 1 | 20 | SH | | SOLE | | 20 | 0 | 0 |
BANC OF CALIFORNIA INC | COM | 05990K106 | 4,565 | 252,500 | SH | | SOLE | | 252,500 | 0 | 0 |
Bancorp 34, Inc. | Not 13-F Security | 05970V106 | 114 | 9,474 | SH | | SOLE | | 9,474 | 0 | 0 |
BANK NEW YORK MELLON CORP | COM | 064058100 | 473 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
BANK OF THE JAMES FINL GP IN | COM | 470299108 | 1,691 | 118,400 | SH | | SOLE | | 118,400 | 0 | 0 |
BANK7 CORP | COM | 06652N107 | 440 | 25,000 | SH | | SOLE | | 25,000 | 0 | 0 |
BLACKROCK INC | COM | 09247X101 | 6,409 | 8,500 | SH | | SOLE | | 8,500 | 0 | 0 |
BLUE RIDGE BANKSHARES INC VA | COM | 095825105 | 6,582 | 300,000 | SH | | SOLE | | 300,000 | 0 | 0 |
BRIDGEWATER BANCSHARES INC | COM ACCD INV | 108621103 | 3,128 | 193,701 | SH | | SOLE | | 193,701 | 0 | 0 |
BRIGHTSPHERE INVT GROUP INC | COM | 10948W103 | 10,908 | 535,210 | SH | | SOLE | | 535,210 | 0 | 0 |
BROOKLINE BANCORP INC DEL | COM | 11373M107 | 3,977 | 265,130 | SH | | SOLE | | 265,130 | 0 | 0 |
BYLINE BANCORP INC | COM | 124411109 | 1,163 | 55,000 | SH | | SOLE | | 55,000 | 0 | 0 |
CADENCE BANCORPORATION | CL A | 12739A100 | 3,214 | 155,020 | SH | | SOLE | | 155,020 | 0 | 0 |
CAMBRIDGE BANCORP | COM | 132152109 | 8,433 | 100,009 | SH | | SOLE | | 100,009 | 0 | 0 |
CAMDEN NATL CORP | COM | 133034108 | 957 | 20,000 | SH | | SOLE | | 20,000 | 0 | 0 |
CAPITAL BANCORP INC MD | COM | 139737100 | 2,218 | 115,000 | SH | | SOLE | | 115,000 | 0 | 0 |
CARLYLE GROUP INC | COM | 14316J108 | 7,315 | 199,000 | SH | | SOLE | | 199,000 | 0 | 0 |
CENTURY BANCORPORATION INC | CL A NON VTG | 156432106 | 7,066 | 75,721 | SH | | SOLE | | 75,721 | 0 | 0 |
CITIGROUP INC | COM NEW | 172967424 | 17,827 | 245,040 | SH | | SOLE | | 245,040 | 0 | 0 |
CITIZENS & NORTHN CORP | COM | 172922106 | 1,308 | 55,000 | SH | | SOLE | | 55,000 | 0 | 0 |
CITIZENS FINANCIAL GROUP INC | COM | 174610105 | 2,428 | 55,005 | SH | | SOLE | | 55,005 | 0 | 0 |
Citizens Financial Services, Inc. | Not 13-F Security | 174615104 | 1,560 | 26,149 | SH | | SOLE | | 26,149 | 0 | 0 |
CIVISTA BANCSHARES INC | COM NO PAR | 178867107 | 9,750 | 425,000 | SH | | SOLE | | 425,000 | 0 | 0 |
CNB FINL CORP PA | COM | 126128107 | 3,199 | 130,000 | SH | | SOLE | | 130,000 | 0 | 0 |
COASTAL FINL CORP WA | COM NEW | 19046P209 | 1,450 | 55,300 | SH | | SOLE | | 55,300 | 0 | 0 |
CODORUS VY BANCORP INC | COM | 192025104 | 3,255 | 176,805 | SH | | SOLE | | 176,805 | 0 | 0 |
Communities First Financial Corporation | Not 13-F Security | 20344D104 | 3,153 | 76,900 | SH | | SOLE | | 76,900 | 0 | 0 |
COMMUNITY BANKERS TR CORP | COM | 203612106 | 7,543 | 855,200 | SH | | SOLE | | 855,200 | 0 | 0 |
CULLEN FROST BANKERS INC | COM | 229899109 | 1 | 10 | SH | | SOLE | | 10 | 0 | 0 |
CVB FINL CORP | COM | 126600105 | 4,639 | 210,025 | SH | | SOLE | | 210,025 | 0 | 0 |
DIME CMNTY BANCSHARES INC | COM | 25432X102 | 2,872 | 95,300 | SH | | SOLE | | 95,300 | 0 | 0 |
EAGLE BANCORP MONT INC | COM | 26942G100 | 5,281 | 217,145 | SH | | SOLE | | 217,145 | 0 | 0 |
ENTERPRISE BANCORP INC MASS | COM | 293668109 | 2,205 | 67,804 | SH | | SOLE | | 67,804 | 0 | 0 |
ENTERPRISE FINL SVCS CORP | COM | 293712105 | 7,170 | 145,015 | SH | | SOLE | | 145,015 | 0 | 0 |
Equitable Financial Corp. | Not 13-F Security | 29448T105 | 3,453 | 283,000 | SH | | SOLE | | 283,000 | 0 | 0 |
ESQUIRE FINL HLDGS INC | COM | 29667J101 | 1,506 | 66,043 | SH | | SOLE | | 66,043 | 0 | 0 |
ESSA BANCORP INC | COM | 29667D104 | 7,920 | 495,000 | SH | | SOLE | | 495,000 | 0 | 0 |
Eureka Homestead Bancorp, Inc. | Not 13-F Security | 298544107 | 1,346 | 100,000 | SH | | SOLE | | 100,000 | 0 | 0 |
FARMERS NATIONAL BANC CORP | COM | 309627107 | 7,959 | 476,576 | SH | | SOLE | | 476,576 | 0 | 0 |
FFBW INC MD | COM | 30260M103 | 4,118 | 366,062 | SH | | SOLE | | 366,062 | 0 | 0 |
FIDELITY NATL INFORMATION SV | COM | 31620M106 | 2,461 | 17,504 | SH | | SOLE | | 17,504 | 0 | 0 |
FIFTH THIRD BANCORP | COM | 316773100 | 9,364 | 250,030 | SH | | SOLE | | 250,030 | 0 | 0 |
FINTECH ACQUISITION CORP IV | CL A | 31810N104 | 6,652 | 595,000 | SH | | SOLE | | 595,000 | 0 | 0 |
FINTECH ACQUISITION CORP IV | *W EXP 12/31/202 | 31810N112 | 529 | 365,000 | SH | | SOLE | | 365,000 | 0 | 0 |
FIRST BANCSHARES INC MS | COM | 318916103 | 5,492 | 150,000 | SH | | SOLE | | 150,000 | 0 | 0 |
FIRST CMNTY CORP S C | COM | 319835104 | 1,968 | 98,656 | SH | | SOLE | | 98,656 | 0 | 0 |
FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 | 1,547 | 1,851 | SH | | SOLE | | 1,851 | 0 | 0 |
FIRST FINL BANCORP OH | COM | 320209109 | 1,920 | 80,000 | SH | | SOLE | | 80,000 | 0 | 0 |
FIRST HORIZON CORPORATION | COM | 320517105 | 6,004 | 355,085 | SH | | SOLE | | 355,085 | 0 | 0 |
First IC Corporation | Not 13-F Security | 32058J102 | 503 | 83,853 | SH | | SOLE | | 83,853 | 0 | 0 |
FIRST MID ILL BANCSHARES INC | COM | 320866106 | 10,543 | 240,000 | SH | | SOLE | | 240,000 | 0 | 0 |
FISERV INC | COM | 337738108 | 596 | 5,004 | SH | | SOLE | | 5,004 | 0 | 0 |
FIVE POINT HOLDINGS LLC | COM CL A | 33833Q106 | 3,024 | 400,000 | SH | | SOLE | | 400,000 | 0 | 0 |
FLAGSTAR BANCORP INC | COM PAR .001 | 337930705 | 2,016 | 44,710 | SH | | SOLE | | 44,710 | 0 | 0 |
FLUSHING FINL CORP | COM | 343873105 | 637 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
FORESTAR GROUP INC | COM | 346232101 | 9,523 | 409,073 | SH | | SOLE | | 409,073 | 0 | 0 |
FUSION ACQUISITION CORP | CL A | 36118H105 | 1,544 | 155,030 | SH | | SOLE | | 155,030 | 0 | 0 |
FUSION ACQUISITION CORP | *W EXP 06/01/202 | 36118H113 | 157 | 135,000 | SH | | SOLE | | 135,000 | 0 | 0 |
FVCBANKCORP INC | COM | 36120Q101 | 424 | 24,500 | SH | | SOLE | | 24,500 | 0 | 0 |
GOLDMAN SACHS GROUP INC | COM | 38141G104 | 17,170 | 52,509 | SH | | SOLE | | 52,509 | 0 | 0 |
GREAT WESTERN BANCORP INC | COM | 391416104 | 454 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
GREAT WESTN NATL BK PORTLAND | COM | 695263103 | 10,377 | 272,010 | SH | | SOLE | | 272,010 | 0 | 0 |
GUARANTY BANCSHARES INC TEX | COM | 400764106 | 5,011 | 136,355 | SH | | SOLE | | 136,355 | 0 | 0 |
HARBORONE BANCORP INC NEW | COM NEW | 41165Y100 | 7,059 | 524,049 | SH | | SOLE | | 524,049 | 0 | 0 |
HERITAGE COMM CORP | COM | 426927109 | 2,016 | 165,010 | SH | | SOLE | | 165,010 | 0 | 0 |
Heritage Nola Bancorp, Inc. | Not 13-F Security | 42727P108 | 1,204 | 89,180 | SH | | SOLE | | 89,180 | 0 | 0 |
HMN FINL INC | COM | 40424G108 | 1,454 | 72,292 | SH | | SOLE | | 72,292 | 0 | 0 |
HOME BANCORP INC | COM | 43689E107 | 3,115 | 86,418 | SH | | SOLE | | 86,418 | 0 | 0 |
HOME BANCSHARES INC | COM | 436893200 | 7,963 | 294,390 | SH | | SOLE | | 294,390 | 0 | 0 |
HOMETRUST BANCSHARES INC | COM | 437872104 | 13,102 | 538,060 | SH | | SOLE | | 538,060 | 0 | 0 |
HORIZON BANCORP INC | COM | 440407104 | 10,313 | 555,075 | SH | | SOLE | | 555,075 | 0 | 0 |
HOWARD BANCORP INC | COM | 442496105 | 1,148 | 69,800 | SH | | SOLE | | 69,800 | 0 | 0 |
HOWARD HUGHES CORP | COM | 44267D107 | 1,265 | 13,300 | SH | | SOLE | | 13,300 | 0 | 0 |
HUNTINGTON BANCSHARES INC | COM | 446150104 | 1,730 | 110,050 | SH | | SOLE | | 110,050 | 0 | 0 |
IF BANCORP INC | COM | 44951J105 | 6,736 | 313,000 | SH | | SOLE | | 313,000 | 0 | 0 |
INDEPENDENT BK CORP MICH | COM NEW | 453838609 | 10,993 | 465,035 | SH | | SOLE | | 465,035 | 0 | 0 |
INTERNATIONAL BANCSHARES COR | COM | 459044103 | 9,750 | 210,035 | SH | | SOLE | | 210,035 | 0 | 0 |
INVESCO LTD | SHS | G491BT108 | 1,765 | 70,000 | SH | | SOLE | | 70,000 | 0 | 0 |
INVESTAR HLDG CORP | COM | 46134L105 | 13,143 | 639,555 | SH | | SOLE | | 639,555 | 0 | 0 |
INVESTORS BANCORP INC NEW | COM | 46146L101 | 1,470 | 100,100 | SH | | SOLE | | 100,100 | 0 | 0 |
JPMORGAN CHASE & CO | COM | 46625H100 | 2,269 | 14,906 | SH | | SOLE | | 14,906 | 0 | 0 |
KEARNY FINL CORP MD | COM | 48716P108 | 1,028 | 85,085 | SH | | SOLE | | 85,085 | 0 | 0 |
KEYCORP | COM | 493267108 | 5,096 | 255,042 | SH | | SOLE | | 255,042 | 0 | 0 |
KKR & CO INC | COM | 48251W104 | 9,526 | 195,000 | SH | | SOLE | | 195,000 | 0 | 0 |
LAKELAND BANCORP INC | COM | 511637100 | 17,607 | 1,010,136 | SH | | SOLE | | 1,010,136 | 0 | 0 |
LENNAR CORP | CL B | 526057302 | 28,000 | 340,058 | SH | | SOLE | | 340,058 | 0 | 0 |
LUTHER BURBANK CORP | COM | 550550107 | 7,909 | 668,534 | SH | | SOLE | | 668,534 | 0 | 0 |
M & T BK CORP | COM | 55261F104 | 8,339 | 55,004 | SH | | SOLE | | 55,004 | 0 | 0 |
MALVERN BANCORP INC | COM | 561409103 | 1,760 | 94,532 | SH | | SOLE | | 94,532 | 0 | 0 |
MASTERCARD INCORPORATED | CL A | 57636Q104 | 1,247 | 3,501 | SH | | SOLE | | 3,501 | 0 | 0 |
MERCHANTS BANCORP IND | COM | 58844R108 | 4,196 | 100,045 | SH | | SOLE | | 100,045 | 0 | 0 |
MERIDIAN BANCORP INC MD | COM | 58958U103 | 5,988 | 325,090 | SH | | SOLE | | 325,090 | 0 | 0 |
META FINL GROUP INC | COM | 59100U108 | 7,274 | 160,530 | SH | | SOLE | | 160,530 | 0 | 0 |
MID-SOUTHERN BANCORP INC | COM | 59548Q107 | 1,936 | 127,387 | SH | | SOLE | | 127,387 | 0 | 0 |
MIDWESTONE FINL GROUP INC NE | COM | 598511103 | 929 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
MORGAN STANLEY | COM NEW | 617446448 | 14,368 | 185,015 | SH | | SOLE | | 185,015 | 0 | 0 |
NATIONAL BK HLDGS CORP | CL A | 633707104 | 3,969 | 100,035 | SH | | SOLE | | 100,035 | 0 | 0 |
NBT BANCORP INC | COM | 628778102 | 799 | 20,025 | SH | | SOLE | | 20,025 | 0 | 0 |
NEW YORK CMNTY BANCORP INC | COM | 649445103 | 1,451 | 115,010 | SH | | SOLE | | 115,010 | 0 | 0 |
NICOLET BANKSHARES INC | COM | 65406E102 | 6,885 | 82,500 | SH | | SOLE | | 82,500 | 0 | 0 |
OLD NATL BANCORP IND | COM | 680033107 | 4,546 | 235,035 | SH | | SOLE | | 235,035 | 0 | 0 |
OP BANCORP | COM | 67109R109 | 1,341 | 127,500 | SH | | SOLE | | 127,500 | 0 | 0 |
ORRSTOWN FINL SVCS INC | COM | 687380105 | 5,177 | 232,158 | SH | | SOLE | | 232,158 | 0 | 0 |
Ottawa Bancorp Inc. | Not 13-F Security | 689195105 | 3,084 | 206,973 | SH | | SOLE | | 206,973 | 0 | 0 |
PACIFIC PREMIER BANCORP | COM | 69478X105 | 3,693 | 85,020 | SH | | SOLE | | 85,020 | 0 | 0 |
PAYPAL HLDGS INC | COM | 70450Y103 | 3,644 | 15,005 | SH | | SOLE | | 15,005 | 0 | 0 |
PCB BANCORP | COM | 69320M109 | 225 | 15,000 | SH | | SOLE | | 15,000 | 0 | 0 |
PEOPLES BANCORP N C INC | COM | 710577107 | 910 | 38,500 | SH | | SOLE | | 38,500 | 0 | 0 |
PIPER SANDLER COMPANIES | COM | 724078100 | 2,741 | 25,000 | SH | | SOLE | | 25,000 | 0 | 0 |
PJT PARTNERS INC | COM CL A | 69343T107 | 3,383 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 | 7,325 | 115,030 | SH | | SOLE | | 115,030 | 0 | 0 |
PREMIER FINANCIAL CORP | COM | 74052F108 | 11,622 | 349,430 | SH | | SOLE | | 349,430 | 0 | 0 |
PRIMERICA INC | COM | 74164M108 | 1,833 | 12,400 | SH | | SOLE | | 12,400 | 0 | 0 |
PRIMIS FINANCIAL CORP | COM | 74167B109 | 5,307 | 365,000 | SH | | SOLE | | 365,000 | 0 | 0 |
PROVIDENT BANCORP INC | COM NEW | 74383L105 | 3,744 | 260,000 | SH | | SOLE | | 260,000 | 0 | 0 |
PROVIDENT FINL HLDGS INC | COM | 743868101 | 3,253 | 192,500 | SH | | SOLE | | 192,500 | 0 | 0 |
PRUDENTIAL BANCORP INC NEW | COM | 74431A101 | 1,976 | 133,900 | SH | | SOLE | | 133,900 | 0 | 0 |
PSB Holdings, Inc. | Not 13-F Security | 69360N108 | 2,000 | 79,200 | SH | | SOLE | | 79,200 | 0 | 0 |
QCR HOLDINGS INC | COM | 74727A104 | 18,891 | 400,070 | SH | | SOLE | | 400,070 | 0 | 0 |
QNB Corporation | Not 13-F Security | 74726N107 | 6,532 | 190,000 | SH | | SOLE | | 190,000 | 0 | 0 |
Quaint Oak Bancorp, Inc. | Not 13-F Security | 74732T106 | 670 | 40,000 | SH | | SOLE | | 40,000 | 0 | 0 |
REGIONS FINANCIAL CORP NEW | COM | 7591EP100 | 4,650 | 225,075 | SH | | SOLE | | 225,075 | 0 | 0 |
RHINEBECK BANCORP INC | COM | 762093102 | 1,132 | 109,411 | SH | | SOLE | | 109,411 | 0 | 0 |
SANDY SPRING BANCORP INC | COM | 800363103 | 4,779 | 110,040 | SH | | SOLE | | 110,040 | 0 | 0 |
SHORE BANCSHARES INC | COM | 825107105 | 851 | 50,000 | SH | | SOLE | | 50,000 | 0 | 0 |
SIGNATURE BK NEW YORK N Y | COM | 82669G104 | 5,201 | 23,005 | SH | | SOLE | | 23,005 | 0 | 0 |
SOUND FINL BANCORP INC | COM | 83607A100 | 1,090 | 26,173 | SH | | SOLE | | 26,173 | 0 | 0 |
SOUTH PLAINS FINANCIAL INC | COM | 83946P107 | 6,055 | 266,500 | SH | | SOLE | | 266,500 | 0 | 0 |
SOUTH ST CORP | COM | 840441109 | 6,281 | 80,000 | SH | | SOLE | | 80,000 | 0 | 0 |
SouthCrest Financial Group, Inc. | Not 13-F Security | 84129X107 | 53 | 5,024 | SH | | SOLE | | 5,024 | 0 | 0 |
SOUTHERN MO BANCORP INC | COM | 843380106 | 1,037 | 26,300 | SH | | SOLE | | 26,300 | 0 | 0 |
SQUARE INC | CL A | 852234103 | 3,860 | 17,000 | SH | | SOLE | | 17,000 | 0 | 0 |
STERLING BANCORP DEL | COM | 85917A100 | 10,015 | 435,075 | SH | | SOLE | | 435,075 | 0 | 0 |
Sugar Creek Financial Corporation | Not 13-F Security | 86481Y102 | 803 | 72,800 | SH | | SOLE | | 72,800 | 0 | 0 |
SVB FINANCIAL GROUP | COM | 78486Q101 | 5,677 | 11,500 | SH | | SOLE | | 11,500 | 0 | 0 |
SYNOVUS FINL CORP | COM NEW | 87161C501 | 1,373 | 30,000 | SH | | SOLE | | 30,000 | 0 | 0 |
TCF FINL CORP | COM | 872307103 | 3,368 | 72,500 | SH | | SOLE | | 72,500 | 0 | 0 |
TERRITORIAL BANCORP INC | COM | 88145X108 | 2,582 | 97,600 | SH | | SOLE | | 97,600 | 0 | 0 |
TFS FINL CORP | COM | 87240R107 | 3,568 | 175,140 | SH | | SOLE | | 175,140 | 0 | 0 |
TOWNEBANK PORTSMOUTH VA | COM | 89214P109 | 1,216 | 40,000 | SH | | SOLE | | 40,000 | 0 | 0 |
TRIUMPH BANCORP INC | COM | 89679E300 | 5,611 | 72,500 | SH | | SOLE | | 72,500 | 0 | 0 |
TRUIST FINL CORP | COM | 89832Q109 | 1,167 | 20,005 | SH | | SOLE | | 20,005 | 0 | 0 |
TRUSTCO BK CORP N Y | COM | 898349105 | 2,016 | 273,545 | SH | | SOLE | | 273,545 | 0 | 0 |
UMPQUA HLDGS CORP | COM | 904214103 | 10,201 | 581,270 | SH | | SOLE | | 581,270 | 0 | 0 |
US BANCORP DEL | COM NEW | 902973304 | 15,293 | 276,495 | SH | | SOLE | | 276,495 | 0 | 0 |
VALLEY NATL BANCORP | COM | 919794107 | 12,094 | 880,185 | SH | | SOLE | | 880,185 | 0 | 0 |
WEBSTER FINL CORP CONN | COM | 947890109 | 551 | 10,000 | SH | | SOLE | | 10,000 | 0 | 0 |
WELLS FARGO CO NEW | COM | 949746101 | 14,849 | 380,065 | SH | | SOLE | | 380,065 | 0 | 0 |
White River Bancshares Company | Not 13-F Security | 96445A108 | 4,592 | 68,000 | SH | | SOLE | | 68,000 | 0 | 0 |
WILLIAM PENN BANCORP INC | COM | 96927A105 | 1,193 | 104,957 | SH | | SOLE | | 104,957 | 0 | 0 |
WILLIS LEASE FIN CORP | COM | 970646105 | 569 | 13,083 | SH | | SOLE | | 13,083 | 0 | 0 |
WINTRUST FINL CORP | COM | 97650W108 | 1,895 | 25,000 | SH | | SOLE | | 25,000 | 0 | 0 |
ZIONS BANCORPORATION N A | COM | 989701107 | 17,315 | 315,055 | SH | | SOLE | | 315,055 | 0 | 0 |