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
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
Estimated average burden
hours per response: 23.8
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
AMERANT BANCORP CL A COM 023576101 843,119 46,249 SH SOLE 46,249 0 0
AMERICAN BUSINESS BANK COM 02475L105 2,667,473 62,558 SH SOLE 62,558 0 0
ARROW FINL COM 042744102 2,366,862 89,586 SH SOLE 89,586 0 0
ASSOCIATED BANC-CORP COM 045487105 10,254,678 420,446 SH SOLE 420,446 0 0
BANC OF CALIFORNIA COM 05990K106 5,106,487 363,451 SH SOLE 363,451 0 0
BRIDGEWATER BANCSHARES COM 108621103 2,278,232 143,195 SH SOLE 143,195 0 0
CARTER BANKSHARES COM 146103106 54,638 3,151 SH SOLE 3,151 0 0
CITIZENS FINL GROUP COM 174610105 8,135,461 181,798 SH SOLE 181,798 0 0
COMERICA COM 200340107 10,860,416 182,069 SH SOLE 182,069 0 0
F N B COM 302520101 9,800,093 672,160 SH SOLE 672,160 0 0
FINANCIAL INSTITUTIONS COM 317585404 2,466,230 96,037 SH SOLE 96,037 0 0
FIRST WESTERN FINL COM 33751L105 1,872 83 SH SOLE 83 0 0
FVCBANKCORP COM 36120Q101 1,220,439 103,427 SH SOLE 103,427 0 0
HANMI FINL COM 410495204 6,727,817 272,602 SH SOLE 272,602 0 0
HERITAGE COMMERCE COM 426927109 2,595,146 261,344 SH SOLE 261,344 0 0
HOPE BANCORP COM 43940T109 7,016,100 653,877 SH SOLE 653,877 0 0
HORIZON BANCORP COM 440407104 3,388,291 220,305 SH SOLE 220,305 0 0
INVESTAR HLDG COM 46134L105 1,405,279 72,737 SH SOLE 72,737 0 0
KEYCORP COM 493267108 10,102,694 579,948 SH SOLE 579,948 0 0
LENDINGCLUB COM 52603A208 2,084,811 173,301 SH SOLE 173,301 0 0
M&T BANK COM 55261F104 8,439,147 43,503 SH SOLE 43,503 0 0
NATIONAL BANKSHARES COM 634865109 1,305,736 48,005 SH SOLE 48,005 0 0
ORIGIN BANCORP COM 68621T102 7,041,816 197,029 SH SOLE 197,029 0 0
PCB BANCORP COM 69320M109 4,817,407 229,619 SH SOLE 229,619 0 0
PNC FINL SERVICES GROUP COM 693475105 4,261,934 22,862 SH SOLE 22,862 0 0
POPULAR COM 733174700 8,676,392 78,726 SH SOLE 78,726 0 0
PRIMIS FINL COM 74167B109 2,283,610 210,471 SH SOLE 210,471 0 0
RBB BANCORP COM 74930B105 1,957,448 113,739 SH SOLE 113,739 0 0
SIMMONS FIRST NATIONAL CL A COM 828730200 10,180,572 536,950 SH SOLE 536,950 0 0
SOUTHERN FIRST BANCSHARES COM 842873101 3,652,896 96,053 SH SOLE 96,053 0 0
TRUIST FINL COM 89832Q109 10,399,238 241,899 SH SOLE 241,899 0 0
VERSABANK COM 92512J106 4,274,761 374,979 SH SOLE 374,979 0 0
WESTERN ALLIANCE BANCORP COM 957638109 3,639,093 46,667 SH SOLE 46,667 0 0
WEX COM 96208T104 2,639,173 17,967 SH SOLE 17,967 0 0