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 |
1867 Western Financial Corp | COM | 282518109 | 374 | 74 | SH | | SOLE | 0 | 74 | 0 | 0 |
1st Capital Bancorp | COM | 319427100 | 1,682 | 162,491 | SH | | SOLE | 0 | 162,491 | 0 | 0 |
1st Colonial Bancorp Inc | COM | 319716106 | 1,066 | 90,352 | SH | | SOLE | 0 | 90,352 | 0 | 0 |
Alpine Banks of Colorado | COM | 020810107 | 3,744 | 128,174 | SH | | SOLE | 0 | 128,174 | 0 | 0 |
American Business Bank | COM | 02475L105 | 2,488 | 64,379 | SH | | SOLE | 0 | 64,379 | 0 | 0 |
American Riviera Bancorp | COM | 02933K103 | 2,730 | 161,517 | SH | | SOLE | 0 | 161,517 | 0 | 0 |
Avidbank Holdings Inc | COM | 05368J103 | 1,753 | 82,983 | SH | | SOLE | 0 | 82,983 | 0 | 0 |
Ballston Spa Bancorp Inc | COM | 058701103 | 997 | 17,912 | SH | | SOLE | 0 | 17,912 | 0 | 0 |
Bank of Marin Bancorp | COM | 063425102 | 1,011 | 33,765 | SH | | SOLE | 0 | 33,765 | 0 | 0 |
Bank of Southside Virginia Cor | COM | 065121105 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Bankwell Financial Group Inc | COM | 06654A103 | 3,212 | 110,338 | SH | | SOLE | 0 | 110,338 | 0 | 0 |
Banner Corp | COM | 06652V208 | 3,602 | 60,973 | SH | | SOLE | 0 | 60,973 | 0 | 0 |
BAY Community Bancorp | COM | 072205107 | 3,901 | 464,409 | SH | | SOLE | 0 | 464,409 | 0 | 0 |
Beach Bank | COM | 07332N103 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Blue Ridge Bankshares Inc | COM | 095825105 | 2,551 | 199,480 | SH | | SOLE | 0 | 199,480 | 0 | 0 |
Boyle Bancorp Inc | COM | 103442109 | 1,506 | 18,147 | SH | | SOLE | 0 | 18,147 | 0 | 0 |
Canandaigua National Corp | COM | 137143103 | 1,748 | 6,573 | SH | | SOLE | 0 | 6,573 | 0 | 0 |
Cashmere Valley Bank | COM | 14756K102 | 3,149 | 64,194 | SH | | SOLE | 0 | 64,194 | 0 | 0 |
Cecil Bancorp Inc | COM | 149841306 | 551 | 367,501 | SH | | SOLE | 0 | 367,501 | 0 | 0 |
Central Valley Community Banco | COM | 155685100 | 2,611 | 147,439 | SH | | SOLE | 0 | 147,439 | 0 | 0 |
Citba Financial Corp | COM | 173024100 | 1,556 | 61,391 | SH | | SOLE | 0 | 61,391 | 0 | 0 |
Citizens Bancorp/OR | COM | 172950107 | 666 | 55,766 | SH | | SOLE | 0 | 55,766 | 0 | 0 |
Citizens Financial Group Inc | COM | 174610105 | 3,860 | 112,331 | SH | | SOLE | 0 | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | COM | 12618F105 | 1,707 | 48,048 | SH | | SOLE | 0 | 48,048 | 0 | 0 |
CNB Financial Corp/PA | COM | 126128107 | 2,359 | 100,000 | SH | | SOLE | 0 | 100,000 | 0 | 0 |
Colony Bankcorp Inc | COM | 19623P101 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Comerica Inc | COM | 200340107 | 5,627 | 79,145 | SH | | SOLE | 0 | 79,145 | 0 | 0 |
Community Financial Corp/The | COM | 20368X101 | 2,471 | 72,041 | SH | | SOLE | 0 | 72,041 | 0 | 0 |
Community Heritage Financial I | COM | 20370L103 | 2,441 | 119,000 | SH | | SOLE | 0 | 119,000 | 0 | 0 |
Community West Bancshares | COM | 204157101 | 2,713 | 194,467 | SH | | SOLE | 0 | 194,467 | 0 | 0 |
Cornerstone Community Bancorp | COM | 21925R108 | 3,690 | 138,708 | SH | | SOLE | 0 | 138,708 | 0 | 0 |
Croghan Bancshares Inc | COM | 227072105 | 834 | 14,899 | SH | | SOLE | 0 | 14,899 | 0 | 0 |
Crystal Valley Financial Corp | COM | 22941P100 | 2,469 | 43,320 | SH | | SOLE | 0 | 43,320 | 0 | 0 |
Dacotah Banks Inc | COM | 233422104 | 1,111 | 31,927 | SH | | SOLE | 0 | 31,927 | 0 | 0 |
Denver Bankshares Inc | COM | 249082108 | 588 | 1,980 | SH | | SOLE | 0 | 1,980 | 0 | 0 |
Embassy Bancorp Inc | COM | 290791102 | 2,230 | 113,461 | SH | | SOLE | 0 | 113,461 | 0 | 0 |
Enterprise Bancorp Inc/MA | COM | 293668109 | 3,238 | 108,253 | SH | | SOLE | 0 | 108,253 | 0 | 0 |
Exchange Bank/Santa Rosa CA | COM | 301227203 | 8,038 | 69,895 | SH | | SOLE | 0 | 69,895 | 0 | 0 |
Farmers & Merchants Bancorp In | COM | 30779N105 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Farmers & Merchants Bank of Lo | COM | 308243104 | 3,416 | 438 | SH | | SOLE | 0 | 438 | 0 | 0 |
Farmers and Merchants Bancshar | COM | 308856103 | 2,618 | 121,368 | SH | | SOLE | 0 | 121,368 | 0 | 0 |
Farmers Bankshares Inc | COM | 309479103 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Fentura Financial Inc | COM | 314645102 | 3,045 | 132,389 | SH | | SOLE | 0 | 132,389 | 0 | 0 |
Finward Bancorp | COM | 31812F109 | 1,674 | 49,198 | SH | | SOLE | 0 | 49,198 | 0 | 0 |
First Bancshares Inc/The | COM | 318916103 | 2,548 | 85,269 | SH | | SOLE | 0 | 85,269 | 0 | 0 |
First Bankers Trustshares Inc | COM | 31929F109 | 889 | 34,860 | SH | | SOLE | 0 | 34,860 | 0 | 0 |
First Busey Corp | COM | 319383204 | 3,368 | 153,214 | SH | | SOLE | 0 | 153,214 | 0 | 0 |
First Citizens BancShares Inc/ | COM | 31946M103 | 1,758 | 2,205 | SH | | SOLE | 0 | 2,205 | 0 | 0 |
First Citizens BancShares Inc/ | COM | 31946M202 | 14,096 | 20,253 | SH | | SOLE | 0 | 20,253 | 0 | 0 |
First Merchants Corp | COM | 320817109 | 3,468 | 89,656 | SH | | SOLE | 0 | 89,656 | 0 | 0 |
First Mid Bancshares Inc | COM | 320866106 | 3,501 | 109,523 | SH | | SOLE | 0 | 109,523 | 0 | 0 |
First National Corp/VA | COM | 32106V107 | 4,840 | 316,343 | SH | | SOLE | 0 | 316,343 | 0 | 0 |
First National of Nebraska Inc | COM | 335720108 | 9,742 | 715 | SH | | SOLE | 0 | 715 | 0 | 0 |
First Ottawa Bancshares Inc | COM | 335876108 | 2,212 | 25,647 | SH | | SOLE | 0 | 25,647 | 0 | 0 |
Grand River Commerce Inc | COM | 386441109 | 902 | 159,718 | SH | | SOLE | 0 | 159,718 | 0 | 0 |
Heartland BancCorp | COM | 421962101 | 2,395 | 27,067 | SH | | SOLE | 0 | 27,067 | 0 | 0 |
Heritage Commerce Corp | COM | 426927109 | 3,758 | 331,365 | SH | | SOLE | 0 | 331,365 | 0 | 0 |
Horizon Bancorp Inc/AZ | COM | 44043E106 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Lakeland Bancorp Inc | COM | 511637100 | 3,651 | 228,040 | SH | | SOLE | 0 | 228,040 | 0 | 0 |
Ledyard Financial Group Inc | COM | 523338101 | 1,841 | 93,002 | SH | | SOLE | 0 | 93,002 | 0 | 0 |
Macatawa Bank Corp | COM | 554225102 | 4,070 | 439,560 | SH | | SOLE | 0 | 439,560 | 0 | 0 |
Marquette National Corp | COM | 571599109 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Mechanics Bank/Walnut Creek CA | COM | 583614102 | 1,700 | 85 | SH | | SOLE | 0 | 85 | 0 | 0 |
Merchants Financial Group Inc | COM | 588538108 | 5,553 | 209,160 | SH | | SOLE | 0 | 209,160 | 0 | 0 |
Middlebury National Corp | COM | 596237107 | 569 | 15,674 | SH | | SOLE | 0 | 15,674 | 0 | 0 |
Mission Bancorp/Bakersfield CA | COM | 605015106 | 4,404 | 52,418 | SH | | SOLE | 0 | 52,418 | 0 | 0 |
Mountain Commerce Bancorp Inc | COM | 624004107 | 2,331 | 82,897 | SH | | SOLE | 0 | 82,897 | 0 | 0 |
New York Community Bancorp Inc | COM | 649445103 | 868 | 101,701 | SH | | SOLE | 0 | 101,701 | 0 | 0 |
New York Community Bancorp Inc | CALL | 649445103 | 71 | 472,300 | SH | | SOLE | 0 | 472,300 | 0 | 0 |
Oak Ridge Financial Services I | COM | 671768109 | 563 | 30,333 | SH | | SOLE | 0 | 30,333 | 0 | 0 |
Oak Valley Bancorp | COM | 671807105 | 6,408 | 358,593 | SH | | SOLE | 0 | 358,593 | 0 | 0 |
Old Second Bancorp Inc | COM | 680277100 | 3,538 | 271,103 | SH | | SOLE | 0 | 271,103 | 0 | 0 |
Oregon Pacific Bancorp | COM | 686040205 | 3,747 | 582,710 | SH | | SOLE | 0 | 582,710 | 0 | 0 |
Oxford Bank Corp/MI | COM | 69140P100 | 3,187 | 111,231 | SH | | SOLE | 0 | 111,231 | 0 | 0 |
Pacific Valley Bancorp | COM | 69503T103 | 985 | 92,101 | SH | | SOLE | 0 | 92,101 | 0 | 0 |
Parke Bancorp Inc | COM | 700885106 | 3,035 | 144,817 | SH | | SOLE | 0 | 144,817 | 0 | 0 |
Peapack-Gladstone Financial Co | COM | 704699107 | 4,284 | 127,300 | SH | | SOLE | 0 | 127,300 | 0 | 0 |
Peoples Bancorp/WA | COM | 70979X107 | 1,030 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Pinnacle Bank/Gilroy CA | COM | 72346K107 | 2,030 | 174,258 | SH | | SOLE | 0 | 174,258 | 0 | 0 |
Pinnacle Financial Partners In | COM | 72346Q104 | 2,364 | 29,155 | SH | | SOLE | 0 | 29,155 | 0 | 0 |
Plumas Bancorp | COM | 729273102 | 6,504 | 229,263 | SH | | SOLE | 0 | 229,263 | 0 | 0 |
Premier Financial Corp | COM | 74052F108 | 2,991 | 116,400 | SH | | SOLE | 0 | 116,400 | 0 | 0 |
Prime Meridian Holding Co | COM | 74164R107 | 2,003 | 80,014 | SH | | SOLE | 0 | 80,014 | 0 | 0 |
Red River Bancshares Inc | COM | 75686R202 | 2,967 | 60,015 | SH | | SOLE | 0 | 60,015 | 0 | 0 |
Redwood Capital Bancorp | COM | 75777X100 | 3,028 | 176,578 | SH | | SOLE | 0 | 176,578 | 0 | 0 |
Santa Cruz County Bank | COM | 801827106 | 4,871 | 209,946 | SH | | SOLE | 0 | 209,946 | 0 | 0 |
Security National Corp/IA | COM | 814784104 | 2,188 | 16,958 | SH | | SOLE | 0 | 16,958 | 0 | 0 |
Solvay Bank | COM | 83441Q105 | 2,471 | 72,663 | SH | | SOLE | 0 | 72,663 | 0 | 0 |
South Atlantic Bancshares Inc | COM | 83636T104 | 2,617 | 185,109 | SH | | SOLE | 0 | 185,109 | 0 | 0 |
Southeastern Banking Corp | COM | 84158P108 | 1,429 | 65,689 | SH | | SOLE | 0 | 65,689 | 0 | 0 |
Southern BancShares NC Inc | COM | 842243107 | 8,942 | 1,944 | SH | | SOLE | 0 | 1,944 | 0 | 0 |
Southern California Bancorp | COM | 84252A106 | 3,212 | 208,556 | SH | | SOLE | 0 | 208,556 | 0 | 0 |
Southern Missouri Bancorp Inc | COM | 843380106 | 4,047 | 79,314 | SH | | SOLE | 0 | 79,314 | 0 | 0 |
Southern States Bancshares Inc | COM | 843878307 | 1,108 | 40,650 | SH | | SOLE | 0 | 40,650 | 0 | 0 |
Star Financial Group Inc | COM | 855121109 | 1,512 | 18,903 | SH | | SOLE | 0 | 18,903 | 0 | 0 |
Studio Financial Holdings Inc | COM | 864001102 | 1,080 | 83,061 | SH | | SOLE | 0 | 83,061 | 0 | 0 |
Summit Bancshares Inc/CA | COM | 866010101 | 1,266 | 35,161 | SH | | SOLE | 0 | 35,161 | 0 | 0 |
Surrey Bancorp | COM | 86888W105 | 1,227 | 87,653 | SH | | SOLE | 0 | 87,653 | 0 | 0 |
Synovus Financial Corp | COM | 87161C501 | 4,062 | 108,194 | SH | | SOLE | 0 | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | COM | 887098101 | 6,494 | 234,951 | SH | | SOLE | 0 | 234,951 | 0 | 0 |
Town and Country Financial Cor | COM | 892039108 | 2,003 | 59,333 | SH | | SOLE | 0 | 59,333 | 0 | 0 |
Traditions Bancorp Inc | COM | 89269L102 | 3,430 | 173,679 | SH | | SOLE | 0 | 173,679 | 0 | 0 |
Tri City Bankshares Corp | COM | 895364107 | 1,557 | 92,963 | SH | | SOLE | 0 | 92,963 | 0 | 0 |
Tri-County Financial Group Inc | COM | 89546P108 | 2,926 | 61,917 | SH | | SOLE | 0 | 61,917 | 0 | 0 |
United BanCorp of Alabama Inc | COM | 90944R100 | 1,809 | 69,029 | SH | | SOLE | 0 | 69,029 | 0 | 0 |
Valley National Bancorp | COM | 919794107 | 2,760 | 255,540 | SH | | SOLE | 0 | 255,540 | 0 | 0 |
Veritex Holdings Inc | COM | 923451108 | 3,084 | 116,000 | SH | | SOLE | 0 | 116,000 | 0 | 0 |
Wayne Savings Bancshares Inc | COM | 94624Q101 | 1,057 | 46,685 | SH | | SOLE | 0 | 46,685 | 0 | 0 |
Woodlands Financial Services C | COM | 979685104 | 1,797 | 64,372 | SH | | SOLE | 0 | 64,372 | 0 | 0 |
WSFS Financial Corp | COM | 929328102 | 2,036 | 43,819 | SH | | SOLE | 0 | 43,819 | 0 | 0 |
WTB Financial Corp | COM | 929334209 | 4,124 | 12,180 | SH | | SOLE | 0 | 12,180 | 0 | 0 |