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 | 414,400 | 74 | SH | | SOLE | 0 | 74 | 0 | 0 |
1st Capital Bancorp | Com | 319427100 | 1,499,044 | 167,491 | SH | | SOLE | 0 | 167,491 | 0 | 0 |
1st Colonial Bancorp Inc | Com | 319716106 | 940,171 | 95,352 | SH | | SOLE | 0 | 95,352 | 0 | 0 |
Alpine Banks of Colorado | Com | 020810107 | 3,362,313 | 128,174 | SH | | SOLE | 0 | 128,174 | 0 | 0 |
American Business Bank | Com | 02475L105 | 1,049,217 | 39,077 | SH | | SOLE | 0 | 39,077 | 0 | 0 |
American Riviera Bancorp | Com | 02933K103 | 2,658,256 | 183,328 | SH | | SOLE | 0 | 183,328 | 0 | 0 |
Avidbank Holdings Inc | Com | 05368J103 | 212,560 | 13,285 | SH | | SOLE | 0 | 13,285 | 0 | 0 |
Ballston Spa Bancorp Inc | Com | 058701103 | 922,488 | 18,088 | SH | | SOLE | 0 | 18,088 | 0 | 0 |
Bancorp 34 Inc | Com | 05970V106 | 1,070,052 | 107,142 | SH | | SOLE | 0 | 107,142 | 0 | 0 |
Bankwell Financial Group Inc | Com | 06654A103 | 2,690,040 | 110,338 | SH | | SOLE | 0 | 110,338 | 0 | 0 |
Banner Corp | Com | 06652V208 | 2,662,691 | 60,973 | SH | | SOLE | 0 | 60,973 | 0 | 0 |
BAY Community Bancorp | Com | 072205107 | 3,715,272 | 464,409 | SH | | SOLE | 0 | 464,409 | 0 | 0 |
Blue Ridge Bankshares Inc | Com | 095825105 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Boyle Bancorp Inc | Com | 103442109 | 1,554,009 | 19,671 | SH | | SOLE | 0 | 19,671 | 0 | 0 |
Canandaigua National Corp | Com | 137143103 | 1,446,060 | 6,573 | SH | | SOLE | 0 | 6,573 | 0 | 0 |
Cashmere Valley Bank | Com | 14756K102 | 3,283,061 | 77,194 | SH | | SOLE | 0 | 77,194 | 0 | 0 |
Cecil Bancorp Inc | Com | 149841306 | 470,401 | 367,501 | SH | | SOLE | 0 | 367,501 | 0 | 0 |
Central Valley Community Banco | Com | 155685100 | 2,277,933 | 147,439 | SH | | SOLE | 0 | 147,439 | 0 | 0 |
Citba Financial Corp | Com | 173024100 | 1,393,576 | 61,391 | SH | | SOLE | 0 | 61,391 | 0 | 0 |
Citizens Bancorp/OR | Com | 172950107 | 709,615 | 65,766 | SH | | SOLE | 0 | 65,766 | 0 | 0 |
Citizens Financial Group Inc | Com | 174610105 | 2,929,592 | 112,331 | SH | | SOLE | 0 | 112,331 | 0 | 0 |
CNB Community Bancorp Inc | Com | 12618F105 | 2,251,994 | 63,205 | SH | | SOLE | 0 | 63,205 | 0 | 0 |
CNB Financial Corp/PA | Com | 126128107 | 1,765,000 | 100,000 | SH | | SOLE | 0 | 100,000 | 0 | 0 |
Columbia Banking System Inc | Com | 197236102 | 3,169,805 | 156,302 | SH | | SOLE | 0 | 156,302 | 0 | 0 |
Comerica Inc | Com | 200340107 | 3,352,582 | 79,145 | SH | | SOLE | 0 | 79,145 | 0 | 0 |
Community Financial Corp/The | Com | 20368X101 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Community Heritage Financial I | Com | 20370L103 | 1,876,950 | 129,000 | SH | | SOLE | 0 | 129,000 | 0 | 0 |
Community West Bancshares | Com | 204157101 | 2,051,236 | 168,826 | SH | | SOLE | 0 | 168,826 | 0 | 0 |
Cornerstone Community Bancorp | Com | 21925R108 | 3,822,633 | 143,708 | SH | | SOLE | 0 | 143,708 | 0 | 0 |
Crystal Valley Financial Corp | Com | 22941P100 | 2,715,560 | 46,820 | SH | | SOLE | 0 | 46,820 | 0 | 0 |
Embassy Bancorp Inc | Com | 290791102 | 1,614,517 | 109,089 | SH | | SOLE | 0 | 109,089 | 0 | 0 |
Enterprise Bancorp Inc/MA | Com | 293668109 | 3,937,779 | 136,067 | SH | | SOLE | 0 | 136,067 | 0 | 0 |
Exchange Bank/Santa Rosa CA | Com | 301227203 | 6,294,045 | 69,895 | SH | | SOLE | 0 | 69,895 | 0 | 0 |
Farmers & Merchants Bank of Lo | Com | 308243104 | 738,480 | 136 | SH | | SOLE | 0 | 136 | 0 | 0 |
Farmers and Merchants Bancshar | Com | 308856103 | 1,039,949 | 50,118 | SH | | SOLE | 0 | 50,118 | 0 | 0 |
Fentura Financial Inc | Com | 314645102 | 2,644,738 | 137,389 | SH | | SOLE | 0 | 137,389 | 0 | 0 |
Finwise Bancorp | Com | 31813A109 | 872,052 | 97,436 | SH | | SOLE | 0 | 97,436 | 0 | 0 |
First Bankers Trustshares Inc | Com | 31929F109 | 311,513 | 17,750 | SH | | SOLE | 0 | 17,750 | 0 | 0 |
First Busey Corp | Com | 319383204 | 4,151,675 | 206,551 | SH | | SOLE | 0 | 206,551 | 0 | 0 |
First Capital Inc | Com | 31942S104 | 1,664,093 | 54,029 | SH | | SOLE | 0 | 54,029 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M103 | 21,139,602 | 16,633 | SH | | SOLE | 0 | 16,633 | 0 | 0 |
First Citizens BancShares Inc/ | Com | 31946M202 | 281,370 | 249 | SH | | SOLE | 0 | 249 | 0 | 0 |
First Community Bankshares Inc | Com | 31983A103 | 4,075,834 | 137,095 | SH | | SOLE | 0 | 137,095 | 0 | 0 |
First Horizon Corp | Com | 320517105 | 3,002,091 | 266,379 | SH | | SOLE | 0 | 266,379 | 0 | 0 |
First Mid Bancshares Inc | Com | 320866106 | 3,099,673 | 128,404 | SH | | SOLE | 0 | 128,404 | 0 | 0 |
First National Corp/VA | Com | 32106V107 | 5,229,150 | 316,343 | SH | | SOLE | 0 | 316,343 | 0 | 0 |
First National of Nebraska Inc | Com | 335720108 | 9,491,625 | 715 | SH | | SOLE | 0 | 715 | 0 | 0 |
First Ottawa Bancshares Inc | Com | 335876108 | 2,782,550 | 29,290 | SH | | SOLE | 0 | 29,290 | 0 | 0 |
Five Star Bancorp | Com | 33830T103 | 3,016,527 | 134,847 | SH | | SOLE | 0 | 134,847 | 0 | 0 |
FNB Corp/PA | Com | 302520101 | 2,599,168 | 227,200 | SH | | SOLE | 0 | 227,200 | 0 | 0 |
Grand River Commerce Inc | Com | 386441109 | 610,123 | 159,718 | SH | | SOLE | 0 | 159,718 | 0 | 0 |
HBT Financial Inc | Com | 404111106 | 1,979,442 | 107,345 | SH | | SOLE | 0 | 107,345 | 0 | 0 |
Heartland BancCorp | Com | 421962101 | 2,219,494 | 27,067 | SH | | SOLE | 0 | 27,067 | 0 | 0 |
Heritage Commerce Corp | Com | 426927109 | 3,312,075 | 400,009 | SH | | SOLE | 0 | 400,009 | 0 | 0 |
Lakeland Bancorp Inc | Com | 511637100 | 3,053,456 | 228,040 | SH | | SOLE | 0 | 228,040 | 0 | 0 |
Ledyard Financial Group Inc | Com | 523338101 | 874,878 | 64,282 | SH | | SOLE | 0 | 64,282 | 0 | 0 |
Macatawa Bank Corp | Com | 554225102 | 4,079,117 | 439,560 | SH | | SOLE | 0 | 439,560 | 0 | 0 |
Mechanics Bank/Walnut Creek CA | Com | 583614102 | 1,978,000 | 86 | SH | | SOLE | 0 | 86 | 0 | 0 |
Merchants Financial Group Inc | Com | 588538108 | 5,385,870 | 209,160 | SH | | SOLE | 0 | 209,160 | 0 | 0 |
Middlebury National Corp | Com | 596237107 | 438,872 | 15,674 | SH | | SOLE | 0 | 15,674 | 0 | 0 |
Mission Bancorp/Bakersfield CA | Com | 605015106 | 5,617,984 | 68,512 | SH | | SOLE | 0 | 68,512 | 0 | 0 |
Mountain Commerce Bancorp Inc | Com | 624004107 | 1,351,951 | 83,197 | SH | | SOLE | 0 | 83,197 | 0 | 0 |
New York Community Bancorp Inc | Com | 649445103 | 2,716,719 | 241,701 | SH | | SOLE | 0 | 241,701 | 0 | 0 |
New York Community Bancorp Inc | Call | 649445103 | 56,676 | 472,300 | SH | Call | SOLE | 0 | 472,300 | 0 | 0 |
New York Community Bancorp Inc | Call | 649445103 | 247,910 | 190,700 | SH | Call | SOLE | 0 | 190,700 | 0 | 0 |
New York Community Bancorp Inc | Call | 649445103 | 130,610 | 70,600 | SH | Call | SOLE | 0 | 70,600 | 0 | 0 |
Oak Ridge Financial Services I | Com | 671768109 | 660,870 | 44,058 | SH | | SOLE | 0 | 44,058 | 0 | 0 |
Oak Valley Bancorp | Com | 671807105 | 9,032,958 | 358,593 | SH | | SOLE | 0 | 358,593 | 0 | 0 |
Old Second Bancorp Inc | Com | 680277100 | 2,129,276 | 163,038 | SH | | SOLE | 0 | 163,038 | 0 | 0 |
Oregon Pacific Bancorp | Com | 686040205 | 3,607,016 | 644,110 | SH | | SOLE | 0 | 644,110 | 0 | 0 |
Oxford Bank Corp/MI | Com | 69140P100 | 3,154,511 | 111,231 | SH | | SOLE | 0 | 111,231 | 0 | 0 |
Pacific Valley Bancorp | Com | 69503T103 | 1,093,515 | 122,729 | SH | | SOLE | 0 | 122,729 | 0 | 0 |
Parke Bancorp Inc | Com | 700885106 | 2,460,441 | 144,817 | SH | | SOLE | 0 | 144,817 | 0 | 0 |
Peoples Bancorp/WA | Com | 70979X107 | 950,000 | 5,000 | SH | | SOLE | 0 | 5,000 | 0 | 0 |
Pinnacle Bank/Gilroy CA | Com | 72346K107 | 2,204,642 | 191,708 | SH | | SOLE | 0 | 191,708 | 0 | 0 |
Pinnacle Financial Partners In | Com | 72346Q104 | 2,492,657 | 44,001 | SH | | SOLE | 0 | 44,001 | 0 | 0 |
Plumas Bancorp | Com | 729273102 | 7,844,733 | 219,802 | SH | | SOLE | 0 | 219,802 | 0 | 0 |
Premier Financial Corp | Com | 74052F108 | 1,864,728 | 116,400 | SH | | SOLE | 0 | 116,400 | 0 | 0 |
Prime Meridian Holding Co | Com | 74164R107 | 3,088,764 | 147,014 | SH | | SOLE | 0 | 147,014 | 0 | 0 |
Red River Bancshares Inc | Com | 75686R202 | 3,266,778 | 66,479 | SH | | SOLE | 0 | 66,479 | 0 | 0 |
Redwood Capital Bancorp | Com | 75777X100 | 3,189,356 | 179,278 | SH | | SOLE | 0 | 179,278 | 0 | 0 |
Security National Corp/IA | Com | 814784104 | 2,263,300 | 17,410 | SH | | SOLE | 0 | 17,410 | 0 | 0 |
Shore Bancshares Inc | Com | 825107105 | 2,257,518 | 195,287 | SH | | SOLE | 0 | 195,287 | 0 | 0 |
Solvay Bank | Com | 83441Q105 | 2,212,584 | 76,296 | SH | | SOLE | 0 | 76,296 | 0 | 0 |
South Atlantic Bancshares Inc | Com | 83636T104 | 0 | 0 | SH | | SOLE | 0 | 0 | 0 | 0 |
Southeastern Banking Corp | Com | 84158P108 | 1,248,091 | 65,689 | SH | | SOLE | 0 | 65,689 | 0 | 0 |
Southern BancShares NC Inc | Com | 842243107 | 7,668,000 | 1,420 | SH | | SOLE | 0 | 1,420 | 0 | 0 |
Southern California Bancorp | Com | 84252A106 | 2,861,388 | 208,556 | SH | | SOLE | 0 | 208,556 | 0 | 0 |
Southern Missouri Bancorp Inc | Com | 843380106 | 3,049,623 | 79,314 | SH | | SOLE | 0 | 79,314 | 0 | 0 |
Studio Financial Holdings Inc | Com | 864001102 | 872,971 | 83,061 | SH | | SOLE | 0 | 83,061 | 0 | 0 |
Summit Bancshares Inc/CA | Com | 866010101 | 1,281,618 | 35,161 | SH | | SOLE | 0 | 35,161 | 0 | 0 |
Synovus Financial Corp | Com | 87161C501 | 3,272,869 | 108,194 | SH | | SOLE | 0 | 108,194 | 0 | 0 |
Timberland Bancorp Inc/WA | Com | 887098101 | 5,905,066 | 230,847 | SH | | SOLE | 0 | 230,847 | 0 | 0 |
Traditions Bancorp Inc | Com | 89269L102 | 2,995,963 | 173,679 | SH | | SOLE | 0 | 173,679 | 0 | 0 |
Tri City Bankshares Corp | Com | 895364107 | 1,242,952 | 93,455 | SH | | SOLE | 0 | 93,455 | 0 | 0 |
Tri-County Financial Group Inc | Com | 89546P108 | 2,724,348 | 61,917 | SH | | SOLE | 0 | 61,917 | 0 | 0 |
United BanCorp of Alabama Inc | Com | 90944R100 | 3,026,469 | 77,029 | SH | | SOLE | 0 | 77,029 | 0 | 0 |
Valley National Bancorp | Com | 919794107 | 1,980,435 | 255,540 | SH | | SOLE | 0 | 255,540 | 0 | 0 |
Veritex Holdings Inc | Com | 923451108 | 2,079,880 | 116,000 | SH | | SOLE | 0 | 116,000 | 0 | 0 |
Village Bank and Trust Financi | Com | 92705T200 | 14,386 | 333 | SH | | SOLE | 0 | 333 | 0 | 0 |
Wayne Savings Bancshares Inc | Com | 94624Q101 | 1,209,142 | 46,685 | SH | | SOLE | 0 | 46,685 | 0 | 0 |
West Coast Community Bancorp | Com | 801827106 | 5,734,595 | 224,446 | SH | | SOLE | 0 | 224,446 | 0 | 0 |
Woodlands Financial Services C | Com | 979685104 | 1,370,097 | 69,372 | SH | | SOLE | 0 | 69,372 | 0 | 0 |
WSFS Financial Corp | Com | 929328102 | 1,652,853 | 43,819 | SH | | SOLE | 0 | 43,819 | 0 | 0 |
WTB Financial Corp | Com | 929334209 | 3,513,312 | 12,672 | SH | | SOLE | 0 | 12,672 | 0 | 0 |
Zions Bancorp NA | Com | 989701107 | 2,720,649 | 101,290 | SH | | SOLE | 0 | 101,290 | 0 | 0 |