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
ACADIAN ASSET MANAGEMENT INC COM 10948W103 35,474,278 496,005 SH SOLE 496,005 0 0
ACCELERANT HOLDINGS CL A G00894108 35,744,195 3,049,846 SH SOLE 3,049,846 0 0
ALLY FINL INC COM 02005N100 42,559,395 926,211 SH SOLE 926,211 0 0
ANDERSEN GROUP INC CL A 033853102 8,411,409 222,996 SH SOLE 222,996 0 0
APOLLO COML REAL ESTATE FIN COM 03762U105 6,727,428 629,909 SH SOLE 629,909 0 0
ASSURANT INC COM 04621X108 10,206,557 38,009 SH SOLE 38,009 0 0
BANK OF AMER CORP COM 060505104 238,320,559 4,182,530 SH SOLE 4,182,530 0 0
BGC GROUP INC CL A 088929104 7,975,959 746,114 SH SOLE 746,114 0 0
BLOCK INC CL A 852234103 80,496,160 1,059,160 SH SOLE 1,059,160 0 0
CENTRAL BANCOMPANY COM CL A 152413100 18,630,413 613,246 SH SOLE 613,246 0 0
CIPHER DIGITAL INC COM 17253J106 9,666,108 394,535 SH SOLE 394,535 0 0
COASTAL FINL CORP WA COM NEW 19046P209 35,447,881 457,333 SH SOLE 457,333 0 0
COLUMBIA BKG SYS INC COM 197236102 32,963,040 1,028,488 SH SOLE 1,028,488 0 0
DIGITALBRIDGE GROUP INC CL A NEW 25401T603 7,901,362 500,720 SH SOLE 500,720 0 0
EVERCORE INC CLASS A 29977A105 63,517,400 186,028 SH SOLE 186,028 0 0
FIRSTCASH HOLDINGS INC COM 33768G107 45,579,706 210,705 SH SOLE 210,705 0 0
FRANKLIN RESOURCES INC COM 354613101 229,849,821 6,908,621 SH SOLE 6,908,621 0 0
HOME BANCSHARES INC COM 436893200 62,027,245 2,172,583 SH SOLE 2,172,583 0 0
HUNTINGTON BANCSHARES INC COM 446150104 63,287,164 3,569,496 SH SOLE 3,569,496 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 67,274,080 885,768 SH SOLE 885,768 0 0
JEFFERIES FINANCIAL GROUP IN COM 47233W109 10,583,665 211,758 SH SOLE 211,758 0 0
LINCOLN INTL INC CL A 533714101 14,466,008 606,033 SH SOLE 606,033 0 0
LPL FINL HLDGS INC COM 50212V100 148,126,217 525,867 SH SOLE 525,867 0 0
MARKETAXESS HLDGS INC COM 57060D108 58,229,563 513,081 SH SOLE 513,081 0 0
NCINO INC COM 63947X101 18,011,830 1,101,641 SH SOLE 1,101,641 0 0
NEPTUNE INS HLDGS INC CL A 64073B103 46,228,455 1,467,570 SH SOLE 1,467,570 0 0
NU HLDGS LTD ORD SHS CL A G6683N103 23,320,361 1,745,536 SH SOLE 1,745,536 0 0
ONEMAIN HLDGS INC COM 68268W103 64,863,361 1,063,857 SH SOLE 1,063,857 0 0
PIPER SANDLER COMPANIES COM NEW 724078209 27,515,749 380,367 SH SOLE 380,367 0 0
PJT PARTNERS INC COM CL A 69343T107 48,675,282 322,481 SH SOLE 322,481 0 0
POPULAR INC COM NEW 733174700 26,146,158 159,253 SH SOLE 159,253 0 0
PROG HOLDINGS INC COM NPV 74319R101 32,176,328 690,331 SH SOLE 690,331 0 0
PROSPERITY BANCSHARES INC COM 743606105 29,119,617 398,735 SH SOLE 398,735 0 0
SEI INVTS CO COM 784117103 38,872,107 443,189 SH SOLE 443,189 0 0
SIMMONS FIRST NATL CORP CL A $1 PAR 828730200 5,121,686 226,123 SH SOLE 226,123 0 0
SLM CORP COM 78442P106 97,916,730 3,774,739 SH SOLE 3,774,739 0 0
SOLUNA HOLDINGS INC COM NEW 583543301 32,311 23,934 SH SOLE 23,934 0 0
STATE STR CORP COM 857477103 68,906,106 406,286 SH SOLE 406,286 0 0
SYNCHRONY FINANCIAL COM 87165B103 36,615,717 481,469 SH SOLE 481,469 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107 42,104,265 407,750 SH SOLE 407,750 0 0
TRANSUNION COM 89400J107 20,337,997 281,924 SH SOLE 281,924 0 0
UMB FINL CORP COM 902788108 39,240,584 274,871 SH SOLE 274,871 0 0
US BANCORP COM NEW 902973304 25,357,732 419,830 SH SOLE 419,830 0 0
VALLEY NATL BANCORP COM 919794107 150,121,421 10,247,196 SH SOLE 10,247,196 0 0
WEBULL CORP ORD SHS G9572D103 42,486,739 6,516,371 SH SOLE 6,516,371 0 0
WISDOMTREE INC COM 97717P104 104,697,839 6,180,510 SH SOLE 6,180,510 0 0
ZIONS BANCORPORATION NATL AS COM 989701107 52,232,846 754,919 SH SOLE 754,919 0 0