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 305,564 1,056 SH SOLE 0 0 1,056
ALERUS FINL CORP COM 01446U103 1,692,462 54,420 SH SOLE 50,165 0 4,255
AMERIPRISE FINL INC COM 03076C106 16,034,121 34,951 SH SOLE 32,523 0 2,428
AXOS FINANCIAL INC COM 05465C100 16,213,000 166,475 SH SOLE 153,570 0 12,905
BANC OF CALIFORNIA INC COM 05990K106 7,329,569 358,765 SH SOLE 356,640 0 2,125
BARCLAYS PLC ADR 06738E204 13,788,447 513,345 SH SOLE 507,910 0 5,435
BRIDGEWATER BANCSHARES INC COM 108621103 2,042,290 97,067 SH SOLE 88,742 0 8,325
PATHWARD FINANCIAL INC COM 59100U108 728,605 8,369 SH SOLE 8,369 0 0
COMMERCIAL BANCGROUP INC COM 20112C106 4,177,519 129,375 SH SOLE 122,075 0 7,300
CHAIN BRIDGE BANCORP INC CL A 15746L100 9,224,298 219,365 SH SOLE 202,865 0 16,500
CAPITAL BANCORP INC MD COM 139737100 3,223,665 91,790 SH SOLE 85,264 0 6,526
CARLYLE GROUP INC COM 14316J108 11,892,917 282,425 SH SOLE 263,555 0 18,870
CONNECTONE BANCORP INC COM 20786W107 10,927,590 326,782 SH SOLE 289,707 0 37,075
COMPASS INC CL A 20464U100 33,329,851 2,703,151 SH SOLE 2,392,881 0 310,270
CUSTOMERS BANCORP INC COM 23204G100 12,737,473 161,030 SH SOLE 146,330 0 14,700
DIME COML BANCSHARES INC COM 25432X102 3,169,399 77,968 SH SOLE 77,093 0 875
DELL TECHNOLOGIES INC CL C 24703L202 1,639,548 3,800 SH SOLE 3,800 0 0
ESQUIRE FINL HLDGS INC COM 29667J101 12,017,723 100,896 SH SOLE 82,040 0 18,856
FIRST BUSINESS FINL SVCS INC COM 319390100 1,126,637 17,835 SH SOLE 16,685 0 1,150
FIRST CTZNS BANCSHARES INC D CL A 31946M103 18,639,717 8,958 SH SOLE 8,191 0 767
1ST FINL BANCORP COM 320209109 10,676,410 315,590 SH SOLE 291,025 0 24,565
FISERV INC COM 337738108 12,274,027 250,235 SH SOLE 234,210 0 16,025
FIRSTSUN CAP BANCORP COM 33767U107 3,536,193 91,186 SH SOLE 86,133 0 5,053
PGIM GLOBAL HIGH YIELD FD FO COM 69346J106 229,900 19,000 SH SOLE 0 0 19,000
GENWORTH FINL INC COM SHS 37247D106 1,747,925 184,575 SH SOLE 160,000 0 24,575
GLOBAL PMTS INC COM 37940X102 14,566,057 200,745 SH SOLE 187,070 0 13,675
U S GLOBAL INVS INC CL A 902952100 3,499,370 1,121,593 SH SOLE 1,039,228 0 82,365
HIPPO HLDGS INC COM NEW 433539202 500,202 17,700 SH SOLE 17,700 0 0
ROBINHOOD MKTS INC COM CL A 770700102 40,696,131 405,825 SH SOLE 361,525 0 44,300
ROBINHOOD MKTS INC COM CL A 770700102 11,795,153 404,100 SH Put SOLE 0 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 2,524,160 29,000 SH SOLE 29,000 0 0
FIRST INTERNET BANCORP COM 320557101 2,195,922 78,990 SH SOLE 74,800 0 4,190
ISHARES TR RUS 2000 VAL ETF 464287630 525,350 2,375 SH SOLE 0 0 2,375
JPMORGAN CHASE & CO COM 46625H100 242,224 740 SH SOLE 0 0 740
JACKSON FINANCIAL INC COM CL A 46817M107 11,651,470 113,795 SH SOLE 104,195 0 9,600
KINGSTONE COS INC COM 496719105 5,968,798 313,652 SH SOLE 311,352 0 2,300
KKR INCOME OPPORTUNITIES FD COM 48249T106 125,009 11,102 SH SOLE 0 0 11,102
STATE STR SPDR S&P MIDCAP 40 UTSER1 S&PDCRP 78467Y107 1,234,362 1,755 SH SOLE 0 0 1,755
META PLATFORMS INC CL A 30303M102 1,171,643 2,080 SH SOLE 2,000 0 80
MORGAN STANLEY COM NEW 617446448 205,904 985 SH SOLE 0 0 985
NAVIENT CORPORATION COM 63938C108 13,537,087 1,590,727 SH SOLE 1,468,254 0 122,473
ORANGE CNTY BANCORP INC COM 68417L107 809,896 22,020 SH SOLE 22,020 0 0
OFG BANCORP COM 67103X102 12,868,853 262,255 SH SOLE 240,535 0 21,720
OP BANCORP COM 67109R109 4,060,461 270,878 SH SOLE 270,878 0 0
OLD SECOND BANCORP INC DEL COM 680277100 8,388,904 359,730 SH SOLE 309,180 0 50,550
OCTAVE SPECIALTY GROUP INC COM NEW 023139884 130,634 20,935 SH SOLE 0 0 20,935
PIONEER BANCORP INC MD COM 723561106 774,978 45,400 SH SOLE 45,400 0 0
INVESCO EXCHANGE TRADED FD T BUYBACK ACHIEV 46137V308 809,870 5,717 SH SOLE 0 0 5,717
PROG HOLDINGS INC COM NPV 74319R101 7,559,862 162,194 SH SOLE 153,997 0 8,197
PRIMERICA INC COM 74164M108 13,367,631 47,036 SH SOLE 43,561 0 3,475
RAYMOND JAMES FINL INC COM 754730109 1,406,696 9,253 SH SOLE 8,400 0 853
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 4,332,210 20,361 SH SOLE 0 0 20,361
STIFEL FINL CORP COM 860630102 1,255,860 18,000 SH SOLE 18,000 0 0
SLM CORP COM 78442P106 11,873,490 457,729 SH SOLE 421,324 0 36,405
TFS FINL CORP COM 87240R107 9,852,852 556,030 SH SOLE 523,555 0 32,475
UBS GROUP AG SHS H42097107 17,177,496 346,600 SH SOLE 322,400 0 24,200
UMB FINL CORP COM 902788108 18,480,282 129,450 SH SOLE 119,550 0 9,900
UNITY BANCORP INC COM 913290102 1,841,105 31,370 SH SOLE 31,370 0 0
UPSTART HLDGS INC COM 91680M107 5,721,591 161,490 SH SOLE 152,675 0 8,815
VISA INC COM CL A 92826C839 818,270 2,385 SH SOLE 1,900 0 485
VICTORY CAP HLDGS INC DEL COM CL A 92645B103 2,431,099 28,921 SH SOLE 24,408 0 4,513
VOYA FINANCIAL INC COM 929089100 14,157,534 156,385 SH SOLE 155,700 0 685
VANGUARD INDEX FDS TOTAL STK MKT 922908769 286,781 775 SH SOLE 0 0 775
VIATRIS INC COM 92556V106 159,372 10,036 SH SOLE 10,000 0 36
WESTERN ALLIANCE BANCORP COM 957638109 9,504,786 115,630 SH SOLE 104,480 0 11,150
WEX INC COM 96208T104 6,052,620 42,899 SH SOLE 39,319 0 3,580
WESBANCO INC COM 950810101 2,402,882 61,565 SH SOLE 58,815 0 2,750
BLOCK INC CL A 852234103 882,360 11,610 SH SOLE 11,610 0 0