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 INC COM 023576101 1,981,546 108,697 SH SOLE 108,697 0 0
AMERICAN BUSINESS BK LA CALIF COM 02475L105 6,035,308 141,541 SH SOLE 141,541 0 0
ARROW FINANCIAL CORPORATION COM 042744102 5,282,626 199,948 SH SOLE 199,948 0 0
ASSOCIATED BANC-CORP COM 045487105 22,697,968 930,626 SH SOLE 930,626 0 0
BANC OF CALIFORNIA INC COM 05990K106 11,752,151 836,452 SH SOLE 836,452 0 0
BRIDGEWATER BANCSHARES INC COM 108621103 5,113,919 321,428 SH SOLE 321,428 0 0
CARTER BANKSHARES INC COM 146103106 119,802 6,909 SH SOLE 6,909 0 0
COMERICA INCORPORATED COM 200340107 24,391,780 408,915 SH SOLE 408,915 0 0
F.N.B. CORPORATION COM 302520101 21,868,425 1,499,892 SH SOLE 1,499,892 0 0
FINANCIAL INSTITUTIONS, INC. COM 317585404 5,655,892 220,245 SH SOLE 220,245 0 0
FIRST WESTERN FINANCIAL INC. COM 33751L105 63,371 2,809 SH SOLE 2,809 0 0
FVCBANKCORP INC COM 36120Q101 2,678,765 227,014 SH SOLE 227,014 0 0
HANMI FINANCIAL CO COM 410495204 15,258,928 618,271 SH SOLE 618,271 0 0
HERITAGE COMMERCE CORP COM 426927109 6,078,898 612,175 SH SOLE 612,175 0 0
HOPE BANCORP INC COM 43940T109 15,680,135 1,461,336 SH SOLE 1,461,336 0 0
HORIZON BANCORP INC COM 440407104 7,351,963 478,021 SH SOLE 478,021 0 0
INVESTAR HOLDING CORP COM 46134L105 3,168,673 164,010 SH SOLE 164,010 0 0
KEYCORP COM 493267108 23,291,516 1,337,056 SH SOLE 1,337,056 0 0
LENDING CLUB CORPORATION COM 52603A208 4,517,313 375,504 SH SOLE 375,504 0 0
M&T BANK CORP COM 55261F104 18,799,765 96,911 SH SOLE 96,911 0 0
NATIONAL BANKSHARE COM 634865109 3,100,990 114,007 SH SOLE 114,007 0 0
ORIGIN BANCORP INC COM 68621T102 15,284,747 427,665 SH SOLE 427,665 0 0
PCB BANK COM 69320M109 10,485,510 499,786 SH SOLE 499,786 0 0
PNC FINANCIAL SERVICES GRP INC COM 693475105 9,649,286 51,761 SH SOLE 51,761 0 0
POPULAR, INC. COM 733174700 19,417,018 176,182 SH SOLE 176,182 0 0
PRIMIS FINANCIAL CORP COM 74167B109 4,953,361 456,531 SH SOLE 456,531 0 0
RBB BANCORP COM 74930B105 4,214,264 244,873 SH SOLE 244,873 0 0
RBS CITIZENS FINANCIAL GROUP INC COM 174610105 18,703,352 417,952 SH SOLE 417,952 0 0
SIMMONS FIRST NATL COM 828730200 22,563,898 1,190,079 SH SOLE 1,190,079 0 0
SOUTHERN FIRST BAN COM 842873101 7,990,902 210,121 SH SOLE 210,121 0 0
TRUIST FINANCIAL CORP COM 89832Q109 23,494,809 546,518 SH SOLE 546,518 0 0
VERSABANK NEW COM 92512J106 9,312,934 816,924 SH SOLE 816,924 0 0
WESTERN ALLIANCE BANCORPORATION COM 957638109 8,293,017 106,348 SH SOLE 106,348 0 0
WEX INC COM 96208T104 5,943,463 40,462 SH SOLE 40,462 0 0