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 |
AERCAP HOLDINGS NV | SHS | N00985106 | 27,573 | 673,498 | SH | | SOLE | | 673,498 | 0 | 0 |
AIR LEASE CORP | CL A | 00912X302 | 1,854 | 55,448 | SH | | SOLE | | 55,448 | 0 | 0 |
ALLSTATE CORP | COM | 020002101 | 10,814 | 85,331 | SH | | SOLE | | 85,331 | 0 | 0 |
ALLY FINL INC | COM | 02005N100 | 29,854 | 890,884 | SH | | SOLE | | 890,884 | 0 | 0 |
AMALGAMATED FINANCIAL CORP | COM | 022671101 | 16,502 | 834,282 | SH | | SOLE | | 834,282 | 0 | 0 |
AMERIPRISE FINL INC | COM | 03076C106 | 2,320 | 9,759 | SH | | SOLE | | 9,759 | 0 | 0 |
AMERIS BANCORP | COM | 03076K108 | 3,282 | 81,689 | SH | | SOLE | | 81,689 | 0 | 0 |
APOLLO GLOBAL MGMT INC | COM | 03769M106 | 18,249 | 376,418 | SH | | SOLE | | 376,418 | 0 | 0 |
APOLLO STRATEGIC GRWT CPTL I | SHS CL A | G0412A102 | 756 | 76,938 | SH | | SOLE | | 76,938 | 0 | 0 |
ASSURANT INC | COM | 04621X108 | 5,943 | 34,381 | SH | | SOLE | | 34,381 | 0 | 0 |
ATLAS CREST INVESTMENT CORP | COM CL A | 049287105 | 1,477 | 150,531 | SH | | SOLE | | 150,531 | 0 | 0 |
AUSTERLITZ ACQUISITION CORP | COM CL A | G0633U101 | 760 | 77,904 | SH | | SOLE | | 77,904 | 0 | 0 |
AUSTERLITZ ACQUISITION CORP | SHS CL A | G0633D109 | 710 | 72,854 | SH | | SOLE | | 72,854 | 0 | 0 |
AXOS FINANCIAL INC | COM | 05465C100 | 19,338 | 539,421 | SH | | SOLE | | 539,421 | 0 | 0 |
BANCORP INC DEL | COM | 05969A105 | 17,488 | 895,879 | SH | | SOLE | | 895,879 | 0 | 0 |
BK OF AMERICA CORP | COM | 060505104 | 36,211 | 1,163,233 | SH | | SOLE | | 1,163,233 | 0 | 0 |
BANK MARIN BANCORP | COM | 063425102 | 4,860 | 152,940 | SH | | SOLE | | 152,940 | 0 | 0 |
BANK OF THE JAMES FINL GP IN | COM | 470299108 | 2,952 | 227,043 | SH | | SOLE | | 227,043 | 0 | 0 |
BANK7 CORP | COM | 06652N107 | 2,437 | 106,700 | SH | | SOLE | | 106,700 | 0 | 0 |
BAYCOM CORP | COM | 07272M107 | 8,913 | 431,007 | SH | | SOLE | | 431,007 | 0 | 0 |
BERKSHIRE HILLS BANCORP INC | COM | 084680107 | 3,661 | 147,794 | SH | | SOLE | | 147,794 | 0 | 0 |
BLACKROCK INC | COM | 09247X101 | 15,867 | 26,052 | SH | | SOLE | | 26,052 | 0 | 0 |
BURFORD CAP LTD | ORD SHS | G17977110 | 11,803 | 1,169,784 | SH | | SOLE | | 1,169,784 | 0 | 0 |
CAMDEN NATL CORP | COM | 133034108 | 10,911 | 247,699 | SH | | SOLE | | 247,699 | 0 | 0 |
CAPITAL ONE FINL CORP | COM | 14040H105 | 38,042 | 365,120 | SH | | SOLE | | 365,120 | 0 | 0 |
CARLYLE GROUP INC | COM | 14316J108 | 4,338 | 137,006 | SH | | SOLE | | 137,006 | 0 | 0 |
CATALYST BANCORP INC | COMMON STOCK | 14888L101 | 152 | 11,246 | SH | | SOLE | | 11,246 | 0 | 0 |
CBTX INC | COM | 12481V104 | 19,603 | 737,247 | SH | | SOLE | | 737,247 | 0 | 0 |
CENTRAL VY CMNTY BANCORP | COM | 155685100 | 2,431 | 167,680 | SH | | SOLE | | 167,680 | 0 | 0 |
CENTURY CMNTYS INC | COM | 156504300 | 9,926 | 220,735 | SH | | SOLE | | 220,735 | 0 | 0 |
CF ACQUISITION CORP IV | COM CL A | 12520T102 | 1,553 | 157,802 | SH | | SOLE | | 157,802 | 0 | 0 |
CHEMUNG FINL CORP | COM | 164024101 | 8,563 | 182,198 | SH | | SOLE | | 182,198 | 0 | 0 |
CHURCHILL CAPITAL CORP VI | COM CL A | 17143W101 | 1,428 | 145,845 | SH | | SOLE | | 145,845 | 0 | 0 |
CHURCHILL CAPITAL CORP VII | COM CL A | 17144M102 | 1,495 | 152,973 | SH | | SOLE | | 152,973 | 0 | 0 |
CITIGROUP INC | COM NEW | 172967424 | 916 | 19,920 | SH | | SOLE | | 19,920 | 0 | 0 |
CITIZENS FINL GROUP INC | COM | 174610105 | 10,260 | 287,481 | SH | | SOLE | | 287,481 | 0 | 0 |
COLUMBIA BKG SYS INC | COM | 197236102 | 14,317 | 499,715 | SH | | SOLE | | 499,715 | 0 | 0 |
COMERICA INC | COM | 200340107 | 50,380 | 686,558 | SH | | SOLE | | 686,558 | 0 | 0 |
CUSTOMERS BANCORP INC | COM | 23204G100 | 35,769 | 1,055,123 | SH | | SOLE | | 1,055,123 | 0 | 0 |
DEEP LAKE CAPITAL ACQUSTN CO | CL A SHS | G27029100 | 746 | 75,825 | SH | | SOLE | | 75,825 | 0 | 0 |
DIME CMNTY BANCSHARES INC | COM | 25432X102 | 88,790 | 2,994,611 | SH | | SOLE | | 2,994,611 | 0 | 0 |
EAGLE BANCORP INC MD | COM | 268948106 | 2,181 | 46,012 | SH | | SOLE | | 46,012 | 0 | 0 |
ESQUIRE FINL HLDGS INC | COM | 29667J101 | 31,133 | 934,915 | SH | | SOLE | | 934,915 | 0 | 0 |
EVANS BANCORP INC | COM NEW | 29911Q208 | 1,483 | 43,620 | SH | | SOLE | | 43,620 | 0 | 0 |
EVERCORE INC | CLASS A | 29977A105 | 3,810 | 40,700 | SH | | SOLE | | 40,700 | 0 | 0 |
FIDELITY NATIONAL FINANCIAL | FNF GROUP COM | 31620R303 | 12,351 | 334,183 | SH | | SOLE | | 334,183 | 0 | 0 |
FIDELITY NATL INFORMATION SV | COM | 31620M106 | 12,758 | 139,172 | SH | | SOLE | | 139,172 | 0 | 0 |
FIFTH THIRD BANCORP | COM | 316773100 | 3,145 | 93,607 | SH | | SOLE | | 93,607 | 0 | 0 |
FINWISE BANCORP | COM | 31813A109 | 8,409 | 901,332 | SH | | SOLE | | 901,332 | 0 | 0 |
FIRST BANCORP N C | COM | 318910106 | 4,302 | 123,266 | SH | | SOLE | | 123,266 | 0 | 0 |
FIRST BUSEY CORP | COM NEW | 319383204 | 28,013 | 1,225,970 | SH | | SOLE | | 1,225,970 | 0 | 0 |
FIRST CTZNS BANCSHARES INC N | CL A | 31946M103 | 9,825 | 15,028 | SH | | SOLE | | 15,028 | 0 | 0 |
FIRST INTST BANCSYSTEM INC | COM CL A | 32055Y201 | 7,726 | 202,723 | SH | | SOLE | | 202,723 | 0 | 0 |
FIRST UTD CORP | COM | 33741H107 | 4,435 | 236,398 | SH | | SOLE | | 236,398 | 0 | 0 |
FIRST WESTN FINL INC | COM | 33751L105 | 4,862 | 178,828 | SH | | SOLE | | 178,828 | 0 | 0 |
FLAGSTAR BANCORP INC | COM PAR .001 | 337930705 | 10,276 | 289,874 | SH | | SOLE | | 289,874 | 0 | 0 |
F N B CORP | COM | 302520101 | 38,689 | 3,562,503 | SH | | SOLE | | 3,562,503 | 0 | 0 |
FORTRESS CAPITAL ACQUISITION | SHS CL A | G36427105 | 1,521 | 154,461 | SH | | SOLE | | 154,461 | 0 | 0 |
FORTRESS VALUE ACQUIS CORP I | COM CL A | 34964G107 | 759 | 77,236 | SH | | SOLE | | 77,236 | 0 | 0 |
FTAC ATHENA ACQUISITION CORP | CL A SHS | G37283101 | 750 | 76,416 | SH | | SOLE | | 76,416 | 0 | 0 |
FTAC HERA ACQUISITION CORP | CLASS A ORD SHS | G3728Y103 | 816 | 83,268 | SH | | SOLE | | 83,268 | 0 | 0 |
G SQUARED ASCEND I INC | SHS CL A | G4204R109 | 750 | 76,421 | SH | | SOLE | | 76,421 | 0 | 0 |
GLOBAL PMTS INC | COM | 37940X102 | 2,502 | 22,618 | SH | | SOLE | | 22,618 | 0 | 0 |
GORES HOLDINGS VII INC | COM CL A | 38286T101 | 755 | 77,152 | SH | | SOLE | | 77,152 | 0 | 0 |
GUILD HLDGS CO | CL A | 40172N107 | 8,540 | 838,055 | SH | | SOLE | | 838,055 | 0 | 0 |
HANCOCK WHITNEY CORPORATION | COM | 410120109 | 2,347 | 52,933 | SH | | SOLE | | 52,933 | 0 | 0 |
HBT FINL INC. | COM | 404111106 | 5,756 | 322,130 | SH | | SOLE | | 322,130 | 0 | 0 |
HERITAGE FINL CORP WASH | COM | 42722X106 | 15,681 | 623,271 | SH | | SOLE | | 623,271 | 0 | 0 |
HOME BANCORP INC | COM | 43689E107 | 3 | 100 | SH | | SOLE | | 100 | 0 | 0 |
HOME BANCSHARES INC | COM | 436893200 | 3,459 | 166,538 | SH | | SOLE | | 166,538 | 0 | 0 |
HORIZON BANCORP INC | COM | 440407104 | 5,584 | 320,526 | SH | | SOLE | | 320,526 | 0 | 0 |
INSU ACQUISITION CORP III | COM CL A | 457817104 | 819 | 83,187 | SH | | SOLE | | 83,187 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 2,864 | 24,935 | SH | | SOLE | | 24,935 | 0 | 0 |
ISHARES TR | 7-10 YR TRSY BD | 464287440 | 18,250 | 178,393 | SH | | SOLE | | 178,393 | 0 | 0 |
JAWS MUSTANG ACQUISITION COR | SHS CL A | G50737108 | 777 | 79,022 | SH | | SOLE | | 79,022 | 0 | 0 |
JOFF FINTECH ACQUISITION COR | COM CL A | 46592C100 | 759 | 77,165 | SH | | SOLE | | 77,165 | 0 | 0 |
JPMORGAN CHASE & CO | COM | 46625H100 | 55,292 | 491,000 | SH | | SOLE | | 491,000 | 0 | 0 |
KB HOME | COM | 48666K109 | 1,833 | 64,397 | SH | | SOLE | | 64,397 | 0 | 0 |
KEYCORP | COM | 493267108 | 1,269 | 73,678 | SH | | SOLE | | 73,678 | 0 | 0 |
SPDR SER TR | S&P REGL BKG | 78464A698 | 378 | 6,500 | SH | Put | SOLE | | 6,500 | 0 | 0 |
SPDR SER TR | S&P REGL BKG | 78464A698 | 220 | 3,788 | SH | Put | SOLE | | 3,788 | 0 | 0 |
LAKELAND BANCORP INC | COM | 511637100 | 4,940 | 337,927 | SH | | SOLE | | 337,927 | 0 | 0 |
LAZARD GROWTH ACQUISITION CO | CL A ORD SHS | G54035103 | 760 | 77,530 | SH | | SOLE | | 77,530 | 0 | 0 |
LAZARD LTD | SHS A | G54050102 | 5,844 | 180,311 | SH | | SOLE | | 180,311 | 0 | 0 |
LENDINGCLUB CORP | COM NEW | 52603A208 | 7,684 | 657,305 | SH | | SOLE | | 657,305 | 0 | 0 |
LENNAR CORP | CL A | 526057104 | 28,067 | 397,713 | SH | | SOLE | | 397,713 | 0 | 0 |
LOANDEPOT INC | COM CL A | 53946R106 | 46 | 31,623 | SH | | SOLE | | 31,623 | 0 | 0 |
M & T BK CORP | COM | 55261F104 | 6,437 | 40,383 | SH | | SOLE | | 40,383 | 0 | 0 |
M/I HOMES INC | COM | 55305B101 | 5,758 | 145,182 | SH | | SOLE | | 145,182 | 0 | 0 |
MACATAWA BK CORP | COM | 554225102 | 6,586 | 745,076 | SH | | SOLE | | 745,076 | 0 | 0 |
MERCHANTS BANCORP IND | COM | 58844R108 | 19,178 | 845,973 | SH | | SOLE | | 845,973 | 0 | 0 |
MERITAGE HOMES CORP | COM | 59001A102 | 2,955 | 40,757 | SH | | SOLE | | 40,757 | 0 | 0 |
META FINL GROUP INC | COM | 59100U108 | 4,702 | 121,593 | SH | | SOLE | | 121,593 | 0 | 0 |
METROPOLITAN BK HLDG CORP | COM | 591774104 | 12,315 | 177,394 | SH | | SOLE | | 177,394 | 0 | 0 |
MIDWESTONE FINL GROUP INC NE | COM | 598511103 | 3,919 | 131,859 | SH | | SOLE | | 131,859 | 0 | 0 |
MORGAN STANLEY | COM NEW | 617446448 | 28,086 | 369,259 | SH | | SOLE | | 369,259 | 0 | 0 |
NCR CORP NEW | COM | 62886E108 | 1,062 | 34,122 | SH | | SOLE | | 34,122 | 0 | 0 |
NORTHEAST BK LEWISTON ME | COM | 66405S100 | 16,100 | 440,721 | SH | | SOLE | | 440,721 | 0 | 0 |
OLD NATL BANCORP IND | COM | 680033107 | 30,927 | 2,091,070 | SH | | SOLE | | 2,091,070 | 0 | 0 |
ONEMAIN HLDGS INC | COM | 68268W103 | 33,153 | 886,924 | SH | | SOLE | | 886,924 | 0 | 0 |
PACWEST BANCORP DEL | COM | 695263103 | 23,689 | 888,549 | SH | | SOLE | | 888,549 | 0 | 0 |
PARKE BANCORP INC | COM | 700885106 | 8,834 | 421,463 | SH | | SOLE | | 421,463 | 0 | 0 |
PATHFINDER BANCORP INC MD | COM | 70319R109 | 1,940 | 97,361 | SH | | SOLE | | 97,361 | 0 | 0 |
PCB BANCORP | COM | 69320M109 | 2,733 | 146,292 | SH | | SOLE | | 146,292 | 0 | 0 |
PEAPACK-GLADSTONE FINL CORP | COM | 704699107 | 2,697 | 90,792 | SH | | SOLE | | 90,792 | 0 | 0 |
PENNYMAC FINL SVCS INC NEW | COM | 70932M107 | 21,879 | 500,538 | SH | | SOLE | | 500,538 | 0 | 0 |
PERELLA WEINBERG PARTNERS | CLASS A COM | 71367G102 | 247 | 42,325 | SH | | SOLE | | 42,325 | 0 | 0 |
PINNACLE FINL PARTNERS INC | COM | 72346Q104 | 7,096 | 98,134 | SH | | SOLE | | 98,134 | 0 | 0 |
POPULAR INC | COM NEW | 733174700 | 26,907 | 349,766 | SH | | SOLE | | 349,766 | 0 | 0 |
PULTE GROUP INC | COM | 745867101 | 4,609 | 116,295 | SH | | SOLE | | 116,295 | 0 | 0 |
QUINSTREET INC | COM | 74874Q100 | 9,019 | 896,495 | SH | | SOLE | | 896,495 | 0 | 0 |
REGIONAL MGMT CORP | COM | 75902K106 | 44,186 | 1,182,405 | SH | | SOLE | | 1,182,405 | 0 | 0 |
ROCKET COS INC | COM CL A | 77311W101 | 1,281 | 174,055 | SH | | SOLE | | 174,055 | 0 | 0 |
SANDY SPRING BANCORP INC | COM | 800363103 | 809 | 20,707 | SH | | SOLE | | 20,707 | 0 | 0 |
SIGNATURE BK NEW YORK N Y | COM | 82669G104 | 23,321 | 130,130 | SH | | SOLE | | 130,130 | 0 | 0 |
SMARTFINANCIAL INC | COM NEW | 83190L208 | 1,647 | 68,178 | SH | | SOLE | | 68,178 | 0 | 0 |
SOUTHSTATE CORPORATION | COM | 840441109 | 4,085 | 52,944 | SH | | SOLE | | 52,944 | 0 | 0 |
SOUTHERN STS BANCSHARES INC | COM | 843878307 | 2,254 | 100,212 | SH | | SOLE | | 100,212 | 0 | 0 |
SPDR SER TR | PORTFOLIO LN TSR | 78464A664 | 8,138 | 246,080 | SH | | SOLE | | 246,080 | 0 | 0 |
SYNOVUS FINL CORP | COM NEW | 87161C501 | 14,335 | 397,632 | SH | | SOLE | | 397,632 | 0 | 0 |
TAYLOR MORRISON HOME CORP | COM | 87724P106 | 8,047 | 344,463 | SH | | SOLE | | 344,463 | 0 | 0 |
TEXAS CAP BANCSHARES INC | COM | 88224Q107 | 39,016 | 741,187 | SH | | SOLE | | 741,187 | 0 | 0 |
TIMBERLAND BANCORP INC | COM | 887098101 | 3,349 | 133,978 | SH | | SOLE | | 133,978 | 0 | 0 |
ISHARES TR | 20 YR TR BD ETF | 464287432 | 438 | 3,809 | SH | Call | SOLE | | 3,809 | 0 | 0 |
TOLL BROTHERS INC | COM | 889478103 | 1,635 | 36,668 | SH | | SOLE | | 36,668 | 0 | 0 |
TRICO BANCSHARES | COM | 896095106 | 6,297 | 137,981 | SH | | SOLE | | 137,981 | 0 | 0 |
UNITED BANKSHARES INC WEST V | COM | 909907107 | 8,173 | 233,034 | SH | | SOLE | | 233,034 | 0 | 0 |
UNITED SEC BANCSHARES CALIF | COM | 911460103 | 2,387 | 313,247 | SH | | SOLE | | 313,247 | 0 | 0 |
US BANCORP DEL | COM NEW | 902973304 | 53,018 | 1,152,063 | SH | | SOLE | | 1,152,063 | 0 | 0 |
USCB FINANCIAL HOLDINGS INC | CLASS A COM | 90355N101 | 90 | 7,800 | SH | | SOLE | | 7,800 | 0 | 0 |
UWM HOLDINGS CORPORATION | COM CL A | 91823B109 | 1,760 | 497,309 | SH | | SOLE | | 497,309 | 0 | 0 |
WEBSTER FINL CORP | COM | 947890109 | 64,949 | 1,540,896 | SH | | SOLE | | 1,540,896 | 0 | 0 |
WELLS FARGO CO NEW | COM | 949746101 | 49,728 | 1,269,548 | SH | | SOLE | | 1,269,548 | 0 | 0 |
WESBANCO INC | COM | 950810101 | 1,866 | 58,859 | SH | | SOLE | | 58,859 | 0 | 0 |
WESTERN ALLIANCE BANCORP | COM | 957638109 | 45,512 | 644,646 | SH | | SOLE | | 644,646 | 0 | 0 |
ZIONS BANCORPORATION N A | COM | 989701107 | 17,395 | 341,739 | SH | | SOLE | | 341,739 | 0 | 0 |