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
APPLE INC COM 037833100 268,002 1,056 SH SOLE 0 0 1,056
AMERIS BANCORP COM 03076K108 2,027,428 25,996 SH SOLE 25,996 0 0
AGNICO EAGLE MINES LTD COM 008474108 2,506,600 12,349 SH SOLE 12,349 0 0
ALERUS FINL CORP COM 01446U103 1,611,332 67,960 SH SOLE 67,605 0 355
AMERIPRISE FINL INC COM 03076C106 16,935,195 38,108 SH SOLE 37,605 0 503
AXOS FINANCIAL INC COM 05465C100 15,898,216 186,840 SH SOLE 185,935 0 905
BANC OF CALIFORNIA INC COM 05990K106 6,150,539 349,860 SH SOLE 347,735 0 2,125
BARCLAYS PLC ADR 06738E204 10,577,567 499,885 SH SOLE 494,450 0 5,435
BUSINESS FIRST BANCSHARES IN COM 12326C105 896,863 33,168 SH SOLE 31,818 0 1,350
BRIDGEWATER BANCSHARES INC COM 108621103 1,676,491 94,717 SH SOLE 86,392 0 8,325
CACI INTL INC CL A 127190304 2,175,480 4,000 SH SOLE 4,000 0 0
PATHWARD FINANCIAL INC COM 59100U108 746,766 8,369 SH SOLE 8,369 0 0
COMMERCIAL BANCGROUP INC COM 20112C106 3,293,091 126,560 SH SOLE 126,560 0 0
CHAIN BRIDGE BANCORP INC CL A 15746L100 7,303,628 209,273 SH SOLE 207,573 0 1,700
CAPITAL BANCORP INC MD COM 139737100 2,669,462 89,760 SH SOLE 89,210 0 550
CBOE GLOBAL MKTS INC COM 12503M108 2,529,630 9,000 SH SOLE 9,000 0 0
CARLYLE GROUP INC COM 14316J108 9,251,926 191,195 SH SOLE 187,660 0 3,535
COLUMBIA FINL INC COM 197641103 840,743 48,015 SH SOLE 48,015 0 0
CONNECTONE BANCORP INC COM 20786W107 10,623,326 396,837 SH SOLE 392,572 0 4,265
COMPASS INC CL A 20464U100 19,773,355 2,704,973 SH SOLE 2,548,534 0 156,439
CUSTOMERS BANCORP INC COM 23204G100 13,296,943 191,571 SH SOLE 190,571 0 1,000
DIME CMNTY BANCSHARES INC COM 25432X102 3,160,317 93,445 SH SOLE 92,570 0 875
DELL TECHNOLOGIES INC CL C 24703L202 656,520 4,000 SH SOLE 4,000 0 0
ESQUIRE FINL HLDGS INC COM 29667J101 10,572,195 98,346 SH SOLE 97,026 0 1,320
EATON CORP PLC SHS G29183103 2,861,360 8,000 SH SOLE 8,000 0 0
FIRST BUSINESS FINL SVCS INC COM 319390100 1,338,273 24,815 SH SOLE 23,665 0 1,150
FIRST CTZNS BANCSHARES INC D CL A 31946M103 19,189,608 10,182 SH SOLE 10,055 0 127
1ST FINL BANCORP COM 320209109 9,846,937 353,190 SH SOLE 346,325 0 6,865
FISERV INC COM 337738108 12,654,324 226,780 SH SOLE 224,400 0 2,380
PGIM GLOBAL HIGH YIELD FD FO COM 69346J106 221,350 19,000 SH SOLE 0 0 19,000
GENERATION INCOME PPTYS INC COM NEW 37149D204 69,432 270,375 SH SOLE 270,375 0 0
GLOBE LIFE INC COM 37959E102 2,922,570 21,000 SH SOLE 21,000 0 0
GENWORTH FINL INC COM SHS 37247D106 2,475,244 304,833 SH SOLE 280,258 0 24,575
ALPHABET INC CAP STK CL A 02079K305 2,639,801 9,180 SH SOLE 9,000 0 180
GROUP 1 AUTOMOTIVE INC COM 398905109 204,329 618 SH SOLE 0 0 618
GLOBAL PMTS INC COM 37940X102 15,066,451 223,870 SH SOLE 221,195 0 2,675
U S GLOBAL INVS INC CL A 902952100 2,582,608 1,041,374 SH SOLE 1,035,374 0 6,000
HIPPO HLDGS INC COM NEW 433539202 461,262 17,700 SH SOLE 17,700 0 0
ROBINHOOD MKTS INC COM CL A 770700102 29,142,382 420,525 SH SOLE 420,525 0 0
ROBINHOOD MKTS INC COM CL A 770700102 20,232,408 404,100 SH Put SOLE 0 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 500,010 21,000 SH SOLE 21,000 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 4,614,416 68,800 SH SOLE 68,800 0 0
FIRST INTERNET BANCORP COM 320557101 1,572,806 77,174 SH SOLE 72,984 0 4,190
ISHARES TR RUS 2000 VAL ETF 464287630 450,276 2,375 SH SOLE 0 0 2,375
JOHNSON & JOHNSON COM 478160104 3,548,047 14,515 SH SOLE 14,000 0 515
ST JOE CO COM 790148100 1,570,000 25,000 SH SOLE 25,000 0 0
JPMORGAN CHASE & CO COM 46625H100 217,678 740 SH SOLE 0 0 740
JACKSON FINANCIAL INC COM CL A 46817M107 11,202,620 105,965 SH SOLE 105,165 0 800
KINGSTONE COS INC COM 496719105 4,569,910 313,652 SH SOLE 311,352 0 2,300
KKR INCOME OPPORTUNITIES FD COM 48249T106 122,122 11,102 SH SOLE 0 0 11,102
LITTELFUSE INC COM 537008104 2,375,450 7,000 SH SOLE 7,000 0 0
MECHANICS BANCORP CL A 43785V102 3,753,890 254,501 SH SOLE 253,651 0 850
STATE STR SPDR S&P MIDCAP 40 UTSER1 S&PDCRP 78467Y107 1,250,789 2,028 SH SOLE 0 0 2,028
META PLATFORMS INC CL A 30303M102 1,190,030 2,080 SH SOLE 2,000 0 80
MERCK & CO INC COM 58933Y105 2,823,808 23,475 SH SOLE 23,000 0 475
MICROSOFT CORP COM 594918104 2,015,576 5,445 SH SOLE 5,000 0 445
NAVIENT CORPORATION COM 63938C108 1,604,875 196,195 SH SOLE 164,000 0 32,195
NORTHEAST BK PORTLAND ME COM 66405S100 8,818,011 78,473 SH SOLE 76,040 0 2,433
ORANGE CNTY BANCORP INC COM 68417L107 689,809 21,570 SH SOLE 21,570 0 0
OFG BANCORP COM 67103X102 12,447,640 307,653 SH SOLE 305,933 0 1,720
OP BANCORP COM 67109R109 3,503,393 263,413 SH SOLE 263,413 0 0
OLD SECOND BANCORP INC DEL COM 680277100 7,085,837 351,480 SH SOLE 348,930 0 2,550
OCTAVE SPECIALTY GROUP INC COM NEW 023139884 99,673 21,435 SH SOLE 0 0 21,435
PIONEER BANCORP INC MD COM 723561106 618,674 44,445 SH SOLE 44,445 0 0
PJT PARTNERS INC COM CL A 69343T107 1,676,640 12,000 SH SOLE 12,000 0 0
INVESCO EXCHANGE TRADED FD T BUYBACK ACHIEV 46137V308 1,074,012 8,183 SH SOLE 0 0 8,183
PENTAIR PLC SHS G7S00T104 1,742,200 20,000 SH SOLE 20,000 0 0
PROG HOLDINGS INC COM NPV 74319R101 3,599,247 125,453 SH SOLE 125,453 0 0
PRIMERICA INC COM 74164M108 14,170,906 56,575 SH SOLE 55,750 0 825
REGENERON PHARMACEUTICALS COM 75886F107 2,317,920 3,000 SH SOLE 3,000 0 0
RAYMOND JAMES FINL INC COM 754730109 1,339,706 9,253 SH SOLE 8,400 0 853
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 4,337,584 22,601 SH SOLE 0 0 22,601
STIFEL FINL CORP COM 860630102 2,993,760 40,500 SH SOLE 40,500 0 0
SLM CORP COM 78442P106 11,123,544 519,549 SH SOLE 509,144 0 10,405
SYNCHRONY FINANCIAL COM 87165B103 1,700,500 25,000 SH SOLE 25,000 0 0
TFS FINL CORP COM 87240R107 9,663,590 687,800 SH SOLE 686,325 0 1,475
UBS GROUP AG SHS H42097107 14,855,977 380,240 SH SOLE 378,640 0 1,600
UMB FINL CORP COM 902788108 16,397,410 145,380 SH SOLE 144,680 0 700
UNITY BANCORP INC COM 913290102 1,838,462 35,471 SH SOLE 35,471 0 0
UPSTART HLDGS INC COM 91680M107 513,000 20,000 SH SOLE 20,000 0 0
VISA INC COM CL A 92826C839 1,780,496 5,891 SH SOLE 5,400 0 491
VICTORY CAP HLDGS INC DEL COM CL A 92645B103 8,498,780 129,792 SH SOLE 126,307 0 3,485
VOYA FINANCIAL INC COM 929089100 10,471,748 153,275 SH SOLE 152,590 0 685
VIRTUS INVT PARTNERS INC COM 92828Q109 7,954,864 59,210 SH SOLE 58,245 0 965
VANGUARD INDEX FDS TOTAL STK MKT 922908769 248,628 775 SH SOLE 0 0 775
VIATRIS INC COM 92556V106 351,746 26,036 SH SOLE 26,000 0 36
WESTERN ALLIANCE BANCORP COM 957638109 10,818,795 152,700 SH SOLE 151,950 0 750
WEX INC COM 96208T104 7,539,363 49,264 SH SOLE 48,199 0 1,065
WESBANCO INC COM 950810101 2,084,748 60,445 SH SOLE 60,445 0 0
EXXON MOBIL CORP COM 30231G102 2,426,308 14,301 SH SOLE 14,000 0 301
BLOCK INC CL A 852234103 3,590,038 59,655 SH SOLE 59,655 0 0