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
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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1895 BANCORP OF WIS INC COM 28253R105   509,543 63,376 SH   SOLE   63,376 0 0
1895 BANCORP OF WIS INC COM 28253R105   392,352 48,800 SH   DFND 2 48,800 0 0
1895 BANCORP OF WIS INC COM 28253R105   358,745 44,620 SH   DFND 1 44,620 0 0
1895 BANCORP OF WIS INC COM 28253R105   903,238 112,343 SH   DFND 3 112,343 0 0
AFFILIATED MANAGERS GROUP IN COM 008252108   569,680 4,000 SH   DFND 1 4,000 0 0
AFFILIATED MANAGERS GROUP IN COM 008252108   640,890 4,500 SH   DFND 2 4,500 0 0
AFFILIATED MANAGERS GROUP IN COM 008252108   1,395,716 9,800 SH   DFND 3 9,800 0 0
AFFILIATED MANAGERS GROUP IN COM 008252108   954,214 6,700 SH   SOLE   6,700 0 0
AFFINITY BANCSHARES INC COM 00832E103   7,690 537 SH   SOLE   537 0 0
AFFINITY BANCSHARES INC COM 00832E103   44,392 3,100 SH   DFND 1 3,100 0 0
AFFINITY BANCSHARES INC COM 00832E103   32,650 2,280 SH   DFND 2 2,280 0 0
AFFINITY BANCSHARES INC COM 00832E103   67,032 4,681 SH   DFND 3 4,681 0 0
AMERANT BANCORP INC CL A 023576101   981,376 45,100 SH   DFND 3 45,100 0 0
AMERANT BANCORP INC CL A 023576101   496,128 22,800 SH   DFND 1 22,800 0 0
AMERANT BANCORP INC CL A 023576101   567,936 26,100 SH   SOLE   26,100 0 0
AMERANT BANCORP INC CL A 023576101   452,608 20,800 SH   DFND 2 20,800 0 0
AMERICAN NATL BANKSHARES INC COM 027745108   85,685 2,703 SH   SOLE   2,703 0 0
AMERICAN NATL BANKSHARES INC COM 027745108   76,080 2,400 SH   DFND 2 2,400 0 0
AMERICAN NATL BANKSHARES INC COM 027745108   56,965 1,797 SH   DFND 1 1,797 0 0
AMERICAN NATL BANKSHARES INC COM 027745108   161,670 5,100 SH   DFND 3 5,100 0 0
AMERIS BANCORP COM 03076K108   2,515,790 68,775 SH   SOLE   68,775 0 0
AMERIS BANCORP COM 03076K108   1,042,530 28,500 SH   DFND 1 28,500 0 0
AMERIS BANCORP COM 03076K108   2,631,017 71,925 SH   DFND 3 71,925 0 0
AMERIS BANCORP COM 03076K108   1,199,824 32,800 SH   DFND 2 32,800 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101   1,309,841 15,698 SH   DFND 3 15,698 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101   851,255 10,202 SH   SOLE   10,202 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101   559,048 6,700 SH   DFND 2 6,700 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101   492,296 5,900 SH   DFND 1 5,900 0 0
BANC OF CALIFORNIA INC COM 05990K106   436,094 34,804 SH   DFND 2 34,804 0 0
BANC OF CALIFORNIA INC COM 05990K106   863,806 68,939 SH   SOLE   68,939 0 0
BANC OF CALIFORNIA INC COM 05990K106   1,011,422 80,720 SH   DFND 3 80,720 0 0
BANC OF CALIFORNIA INC COM 05990K106   382,629 30,537 SH   DFND 1 30,537 0 0
BANK OF THE JAMES FINL GP IN COM 470299108   209,149 19,900 SH   DFND 2 19,900 0 0
BANK OF THE JAMES FINL GP IN COM 470299108   56,271 5,354 SH   SOLE   5,354 0 0
BANK OF THE JAMES FINL GP IN COM 470299108   154,497 14,700 SH   DFND 1 14,700 0 0
BANK OF THE JAMES FINL GP IN COM 470299108   482,724 45,930 SH   DFND 3 45,930 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103   762,341 32,330 SH   DFND 1 32,330 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103   1,975,273 83,769 SH   DFND 3 83,769 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103   903,114 38,300 SH   DFND 2 38,300 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103   1,841,622 78,101 SH   SOLE   78,101 0 0
CAMBRIDGE BANCORP COM 132152109   1,158,349 17,873 SH   DFND 1 17,873 0 0
CAMBRIDGE BANCORP COM 132152109   1,043,441 16,100 SH   DFND 2 16,100 0 0
CAMBRIDGE BANCORP COM 132152109   1,148,887 17,727 SH   SOLE   17,727 0 0
CAMBRIDGE BANCORP COM 132152109   2,378,527 36,700 SH   DFND 3 36,700 0 0
CAPITAL BANCORP INC MD COM 139737100   621,171 37,330 SH   DFND 2 37,330 0 0
CAPITAL BANCORP INC MD COM 139737100   857,925 51,558 SH   SOLE   51,558 0 0
CAPITAL BANCORP INC MD COM 139737100   363,035 21,817 SH   DFND 1 21,817 0 0
CAPITAL BANCORP INC MD COM 139737100   1,425,965 85,695 SH   DFND 3 85,695 0 0
CAPITAL CITY BK GROUP INC COM 139674105   296,031 10,100 SH   DFND 1 10,100 0 0
CAPITAL CITY BK GROUP INC COM 139674105   448,443 15,300 SH   DFND 2 15,300 0 0
CAPITAL CITY BK GROUP INC COM 139674105   618,441 21,100 SH   SOLE   21,100 0 0
CAPITAL CITY BK GROUP INC COM 139674105   981,885 33,500 SH   DFND 3 33,500 0 0
CARVER BANCORP INC COM NEW 146875604   135,073 33,853 SH   DFND 3 33,853 0 0
CARVER BANCORP INC COM NEW 146875604   72,363 18,136 SH   SOLE   18,136 0 0
CARVER BANCORP INC COM NEW 146875604   65,081 16,311 SH   DFND 1 16,311 0 0
CARVER BANCORP INC COM NEW 146875604   86,583 21,700 SH   DFND 2 21,700 0 0
CITIGROUP INC COM NEW 172967424   478,278 10,200 SH   SOLE   10,200 0 0
CITIGROUP INC COM NEW 172967424   370,431 7,900 SH   DFND 2 7,900 0 0
CITIGROUP INC COM NEW 172967424   783,063 16,700 SH   DFND 3 16,700 0 0
CITIGROUP INC COM NEW 172967424   361,053 7,700 SH   DFND 1 7,700 0 0
CITIZENS FINL GROUP INC COM 174610105   416,069 13,700 SH   DFND 2 13,700 0 0
CITIZENS FINL GROUP INC COM 174610105   598,289 19,700 SH   SOLE   19,700 0 0
CITIZENS FINL GROUP INC COM 174610105   370,514 12,200 SH   DFND 1 12,200 0 0
CITIZENS FINL GROUP INC COM 174610105   968,803 31,900 SH   DFND 3 31,900 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   365,317 21,642 SH   SOLE   21,642 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   1,705,066 101,011 SH   DFND 3 101,011 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   473,349 28,042 SH   DFND 1 28,042 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   737,622 43,698 SH   DFND 2 43,698 0 0
CNB FINL CORP PA COM 126128107   1,337,990 69,687 SH   SOLE   69,687 0 0
CNB FINL CORP PA COM 126128107   856,320 44,600 SH   DFND 1 44,600 0 0
CNB FINL CORP PA COM 126128107   2,118,662 110,347 SH   DFND 3 110,347 0 0
CNB FINL CORP PA COM 126128107   968,947 50,466 SH   DFND 2 50,466 0 0
COLUMBIA BKG SYS INC COM 197236102   269,892 12,600 SH   DFND 2 12,600 0 0
COLUMBIA BKG SYS INC COM 197236102   589,050 27,500 SH   DFND 3 27,500 0 0
COLUMBIA BKG SYS INC COM 197236102   224,910 10,500 SH   DFND 1 10,500 0 0
COLUMBIA BKG SYS INC COM 197236102   415,548 19,400 SH   SOLE   19,400 0 0
COMERICA INC COM 200340107   343,018 7,900 SH   DFND 2 7,900 0 0
COMERICA INC COM 200340107   299,598 6,900 SH   DFND 1 6,900 0 0
COMERICA INC COM 200340107   772,876 17,800 SH   SOLE   17,800 0 0
COMERICA INC COM 200340107   755,508 17,400 SH   DFND 3 17,400 0 0
COMMERCE BANCSHARES INC COM 200525103   632,631 10,842 SH   DFND 3 10,842 0 0
COMMERCE BANCSHARES INC COM 200525103   616,935 10,573 SH   SOLE   10,573 0 0
COMMERCE BANCSHARES INC COM 200525103   263,159 4,510 SH   DFND 1 4,510 0 0
COMMERCE BANCSHARES INC COM 200525103   296,126 5,075 SH   DFND 2 5,075 0 0
CVB FINL CORP COM 126600105   411,996 24,700 SH   SOLE   24,700 0 0
CVB FINL CORP COM 126600105   280,224 16,800 SH   DFND 2 16,800 0 0
CVB FINL CORP COM 126600105   245,196 14,700 SH   DFND 1 14,700 0 0
CVB FINL CORP COM 126600105   647,184 38,800 SH   DFND 3 38,800 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   129,481 5,699 SH   DFND 3 5,699 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   47,712 2,100 SH   SOLE   2,100 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   63,616 2,800 SH   DFND 1 2,800 0 0
EAST WEST BANCORP INC COM 27579R104   838,050 15,100 SH   DFND 2 15,100 0 0
EAST WEST BANCORP INC COM 27579R104   1,848,150 33,300 SH   DFND 3 33,300 0 0
EAST WEST BANCORP INC COM 27579R104   1,137,750 20,500 SH   SOLE   20,500 0 0
EAST WEST BANCORP INC COM 27579R104   749,250 13,500 SH   DFND 1 13,500 0 0
ECB BANCORP INC COM 26828M106   575,187 41,440 SH   DFND 3 41,440 0 0
ECB BANCORP INC COM 26828M106   383,130 27,603 SH   SOLE   27,603 0 0
ECB BANCORP INC COM 26828M106   152,083 10,957 SH   DFND 1 10,957 0 0
ECB BANCORP INC COM 26828M106   277,600 20,000 SH   DFND 2 20,000 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   1,031,322 23,129 SH   SOLE   23,129 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   575,211 12,900 SH   DFND 1 12,900 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   729,983 16,371 SH   DFND 2 16,371 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   1,676,584 37,600 SH   DFND 3 37,600 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   754,630 19,300 SH   DFND 1 19,300 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   395,927 10,126 SH   SOLE   10,126 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   3,210,462 82,109 SH   DFND 3 82,109 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   1,460,972 37,365 SH   DFND 2 37,365 0 0
ESSA BANCORP INC COM 29667D104   697,402 44,364 SH   DFND 1 44,364 0 0
ESSA BANCORP INC COM 29667D104   993,897 63,225 SH   DFND 2 63,225 0 0
ESSA BANCORP INC COM 29667D104   1,758,816 111,884 SH   SOLE   111,884 0 0
ESSA BANCORP INC COM 29667D104   2,287,684 145,527 SH   DFND 3 145,527 0 0
Embassy Bancorp, Inc. Not 13F Security 290791102   61,128 3,600 SH   DFND 2 3,600 0 0
Embassy Bancorp, Inc. Not 13F Security 290791102   44,148 2,600 SH   DFND 1 2,600 0 0
Embassy Bancorp, Inc. Not 13F Security 290791102   125,652 7,400 SH   DFND 3 7,400 0 0
Embassy Bancorp, Inc. Not 13F Security 290791102   66,222 3,900 SH   SOLE   3,900 0 0
Equitable Financial Corp. Not 13F Security 29448T105   448,880 36,200 SH   SOLE   36,200 0 0
Equitable Financial Corp. Not 13F Security 29448T105   276,520 22,300 SH   DFND 1 22,300 0 0
Equitable Financial Corp. Not 13F Security 29448T105   514,600 41,500 SH   DFND 2 41,500 0 0
Equitable Financial Corp. Not 13F Security 29448T105   1,164,372 93,901 SH   DFND 3 93,901 0 0
FIRST BANCSHARES INC MS COM 318916103   136,331 5,278 SH   SOLE   5,278 0 0
FIRST BANCSHARES INC MS COM 318916103   444,767 17,219 SH   DFND 1 17,219 0 0
FIRST BANCSHARES INC MS COM 318916103   509,833 19,738 SH   DFND 2 19,738 0 0
FIRST BANCSHARES INC MS COM 318916103   1,169,195 45,265 SH   DFND 3 45,265 0 0
FIRST CMNTY CORP S C COM 319835104   653,020 32,651 SH   SOLE   32,651 0 0
FIRST CMNTY CORP S C COM 319835104   301,760 15,088 SH   DFND 2 15,088 0 0
FIRST CMNTY CORP S C COM 319835104   201,420 10,071 SH   DFND 1 10,071 0 0
FIRST CMNTY CORP S C COM 319835104   693,800 34,690 SH   DFND 3 34,690 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   1,710,710 1,758 SH   SOLE   1,758 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   916,660 942 SH   DFND 1 942 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   941,961 968 SH   DFND 2 968 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   2,171,959 2,232 SH   DFND 3 2,232 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201   128,398 4,300 SH   DFND 2 4,300 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201   194,090 6,500 SH   SOLE   6,500 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201   292,628 9,800 SH   DFND 3 9,800 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201   131,384 4,400 SH   DFND 1 4,400 0 0
FIRST MERCHANTS CORP COM 320817109   664,931 20,180 SH   SOLE   20,180 0 0
FIRST MERCHANTS CORP COM 320817109   523,905 15,900 SH   DFND 2 15,900 0 0
FIRST MERCHANTS CORP COM 320817109   1,209,265 36,700 SH   DFND 3 36,700 0 0
FIRST MERCHANTS CORP COM 320817109   481,729 14,620 SH   DFND 1 14,620 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100   405,710 29,000 SH Put DFND 2 29,000 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100   665,924 47,600 SH Put DFND 1 47,600 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100   892,562 63,800 SH Put DFND 3 63,800 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100   833,804 59,600 SH Put SOLE   59,600 0 0
FVCBANKCORP INC COM 36120Q101   134,456 12,625 SH   DFND 1 12,625 0 0
FVCBANKCORP INC COM 36120Q101   459,281 43,125 SH   DFND 3 43,125 0 0
FVCBANKCORP INC COM 36120Q101   247,613 23,250 SH   SOLE   23,250 0 0
FVCBANKCORP INC COM 36120Q101   223,650 21,000 SH   DFND 2 21,000 0 0
HERITAGE COMM CORP COM 426927109   164,101 19,700 SH   DFND 1 19,700 0 0
HERITAGE COMM CORP COM 426927109   208,250 25,000 SH   DFND 2 25,000 0 0
HERITAGE COMM CORP COM 426927109   391,510 47,000 SH   SOLE   47,000 0 0
HERITAGE COMM CORP COM 426927109   443,989 53,300 SH   DFND 3 53,300 0 0
HOME BANCORP INC COM 43689E107   628,627 19,032 SH   DFND 2 19,032 0 0
HOME BANCORP INC COM 43689E107   478,473 14,486 SH   DFND 1 14,486 0 0
HOME BANCORP INC COM 43689E107   1,268,484 38,404 SH   DFND 3 38,404 0 0
HOME BANCORP INC COM 43689E107   787,138 23,831 SH   SOLE   23,831 0 0
HOME BANCSHARES INC COM 436893200   701,233 32,300 SH   SOLE   32,300 0 0
HOME BANCSHARES INC COM 436893200   1,335,165 61,500 SH   DFND 3 61,500 0 0
HOME BANCSHARES INC COM 436893200   579,657 26,700 SH   DFND 2 26,700 0 0
HOME BANCSHARES INC COM 436893200   477,620 22,000 SH   DFND 1 22,000 0 0
HOMETRUST BANCSHARES INC COM 437872104   354,096 14,400 SH   DFND 1 14,400 0 0
HOMETRUST BANCSHARES INC COM 437872104   132,786 5,400 SH   SOLE   5,400 0 0
Heritage Nola Bancorp, Inc. Not 13F Security 42727P108   924,826 70,329 SH   DFND 1 70,329 0 0
Heritage Nola Bancorp, Inc. Not 13F Security 42727P108   236,700 18,000 SH   SOLE   18,000 0 0
IF BANCORP INC COM 44951J105   693,737 44,642 SH   DFND 1 44,642 0 0
IF BANCORP INC COM 44951J105   1,903,634 122,499 SH   DFND 3 122,499 0 0
IF BANCORP INC COM 44951J105   427,630 27,518 SH   SOLE   27,518 0 0
IF BANCORP INC COM 44951J105   924,008 59,460 SH   DFND 2 59,460 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   783,606 18,300 SH   DFND 1 18,300 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   1,941,073 45,331 SH   DFND 3 45,331 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   886,374 20,700 SH   DFND 2 20,700 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   1,728,601 40,369 SH   SOLE   40,369 0 0
INVESTAR HLDG CORP COM 46134L105   559,377 40,070 SH   DFND 1 40,070 0 0
INVESTAR HLDG CORP COM 46134L105   1,025,599 73,467 SH   SOLE   73,467 0 0
INVESTAR HLDG CORP COM 46134L105   816,660 58,500 SH   DFND 2 58,500 0 0
INVESTAR HLDG CORP COM 46134L105   1,758,443 125,963 SH   DFND 3 125,963 0 0
JPMORGAN CHASE & CO COM 46625H100   508,209 3,900 SH   DFND 1 3,900 0 0
JPMORGAN CHASE & CO COM 46625H100   1,029,449 7,900 SH   DFND 3 7,900 0 0
JPMORGAN CHASE & CO COM 46625H100   430,023 3,300 SH   DFND 2 3,300 0 0
JPMORGAN CHASE & CO COM 46625H100   638,519 4,900 SH   SOLE   4,900 0 0
LAKELAND BANCORP INC COM 511637100   161,342 10,316 SH   SOLE   10,316 0 0
LAKELAND BANCORP INC COM 511637100   524,347 33,526 SH   DFND 3 33,526 0 0
LAKELAND BANCORP INC COM 511637100   397,866 25,439 SH   DFND 1 25,439 0 0
LENNAR CORP CL B 526057302   2,137,278 23,931 SH   DFND 1 23,931 0 0
LENNAR CORP CL B 526057302   4,208,734 47,125 SH   SOLE   47,125 0 0
LENNAR CORP CL B 526057302   6,097,640 68,275 SH   DFND 3 68,275 0 0
LENNAR CORP CL B 526057302   3,596,424 40,269 SH   DFND 2 40,269 0 0
M & T BK CORP COM 55261F104   2,869,680 24,000 SH   SOLE   24,000 0 0
M & T BK CORP COM 55261F104   1,530,496 12,800 SH   DFND 1 12,800 0 0
M & T BK CORP COM 55261F104   3,957,767 33,100 SH   DFND 3 33,100 0 0
M & T BK CORP COM 55261F104   1,805,507 15,100 SH   DFND 2 15,100 0 0
MAGYAR BANCORP INC COM 55977T208   115,487 10,895 SH   DFND 1 10,895 0 0
MAGYAR BANCORP INC COM 55977T208   365,700 34,500 SH   DFND 3 34,500 0 0
MAGYAR BANCORP INC COM 55977T208   184,440 17,400 SH   DFND 2 17,400 0 0
MAGYAR BANCORP INC COM 55977T208   203,520 19,200 SH   SOLE   19,200 0 0
MALVERN BANCORP INC COM 561409103   161,553 10,632 SH   SOLE   10,632 0 0
MALVERN BANCORP INC COM 561409103   581,969 38,300 SH   DFND 3 38,300 0 0
MALVERN BANCORP INC COM 561409103   325,173 21,400 SH   DFND 1 21,400 0 0
MERCHANTS BANCORP IND COM 58844R108   1,083,264 41,600 SH   SOLE   41,600 0 0
MERCHANTS BANCORP IND COM 58844R108   1,242,108 47,700 SH   DFND 3 47,700 0 0
MERCHANTS BANCORP IND COM 58844R108   539,028 20,700 SH   DFND 2 20,700 0 0
MERCHANTS BANCORP IND COM 58844R108   552,048 21,200 SH   DFND 1 21,200 0 0
MID-SOUTHERN BANCORP INC COM 59548Q107   488,764 43,025 SH   DFND 3 43,025 0 0
MID-SOUTHERN BANCORP INC COM 59548Q107   367,371 32,339 SH   SOLE   32,339 0 0
MID-SOUTHERN BANCORP INC COM 59548Q107   161,278 14,197 SH   DFND 1 14,197 0 0
MID-SOUTHERN BANCORP INC COM 59548Q107   236,163 20,789 SH   DFND 2 20,789 0 0
MORGAN STANLEY COM NEW 617446448   228,280 2,600 SH   DFND 3 2,600 0 0
MORGAN STANLEY COM NEW 617446448   197,550 2,250 SH   SOLE   2,250 0 0
MORGAN STANLEY COM NEW 617446448   92,190 1,050 SH   DFND 2 1,050 0 0
MORGAN STANLEY COM NEW 617446448   140,480 1,600 SH   DFND 1 1,600 0 0
Merchants Bancorp 8.25 Non-Cumulative Perpetual Preferred Stock, Series D Not 13F Security 58844R884   488,070 18,700 SH   DFND 1 18,700 0 0
Merchants Bancorp 8.25 Non-Cumulative Perpetual Preferred Stock, Series D Not 13F Security 58844R884   1,036,170 39,700 SH   SOLE   39,700 0 0
Merchants Bancorp 8.25 Non-Cumulative Perpetual Preferred Stock, Series D Not 13F Security 58844R884   1,213,650 46,500 SH   DFND 3 46,500 0 0
Merchants Bancorp 8.25 Non-Cumulative Perpetual Preferred Stock, Series D Not 13F Security 58844R884   524,610 20,100 SH   DFND 2 20,100 0 0
NATIONAL BK HLDGS CORP CL A 633707104   1,053,990 31,500 SH   DFND 1 31,500 0 0
NATIONAL BK HLDGS CORP CL A 633707104   2,420,329 72,335 SH   DFND 3 72,335 0 0
NATIONAL BK HLDGS CORP CL A 633707104   2,284,147 68,265 SH   SOLE   68,265 0 0
NATIONAL BK HLDGS CORP CL A 633707104   1,100,834 32,900 SH   DFND 2 32,900 0 0
OP BANCORP COM 67109R109   348,381 39,100 SH   DFND 2 39,100 0 0
OP BANCORP COM 67109R109   449,955 50,500 SH   SOLE   50,500 0 0
OP BANCORP COM 67109R109   739,619 83,010 SH   DFND 3 83,010 0 0
OP BANCORP COM 67109R109   199,495 22,390 SH   DFND 1 22,390 0 0
P10 INC COM CL A 69376K106   21,231 2,100 SH   SOLE   2,100 0 0
P10 INC COM CL A 69376K106   242,893 24,025 SH   DFND 2 24,025 0 0
P10 INC COM CL A 69376K106   37,407 3,700 SH   DFND 3 3,700 0 0
P10 INC COM CL A 69376K106   25,275 2,500 SH   DFND 1 2,500 0 0
PB BANKSHARES INC COM 69318V103   266,220 20,400 SH   SOLE   20,400 0 0
PB BANKSHARES INC COM 69318V103   172,260 13,200 SH   DFND 1 13,200 0 0
PB BANKSHARES INC COM 69318V103   244,035 18,700 SH   DFND 2 18,700 0 0
PB BANKSHARES INC COM 69318V103   491,985 37,700 SH   DFND 3 37,700 0 0
PCB BANCORP COM 69320M109   386,883 26,700 SH   SOLE   26,700 0 0
PCB BANCORP COM 69320M109   297,045 20,500 SH   DFND 2 20,500 0 0
PCB BANCORP COM 69320M109   179,676 12,400 SH   DFND 1 12,400 0 0
PCB BANCORP COM 69320M109   657,846 45,400 SH   DFND 3 45,400 0 0
PEOPLES FINL SVCS CORP COM 711040105   1,608,285 37,100 SH   DFND 3 37,100 0 0
PEOPLES FINL SVCS CORP COM 711040105   177,171 4,087 SH   SOLE   4,087 0 0
PEOPLES FINL SVCS CORP COM 711040105   497,831 11,484 SH   DFND 1 11,484 0 0
PEOPLES FINL SVCS CORP COM 711040105   695,811 16,051 SH   DFND 2 16,051 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   330,960 6,000 SH   DFND 2 6,000 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   474,376 8,600 SH   SOLE   8,600 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   237,188 4,300 SH   DFND 1 4,300 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   750,176 13,600 SH   DFND 3 13,600 0 0
PNC FINL SVCS GROUP INC COM 693475105   889,446 6,998 SH   DFND 1 6,998 0 0
PNC FINL SVCS GROUP INC COM 693475105   1,398,354 11,002 SH   SOLE   11,002 0 0
PNC FINL SVCS GROUP INC COM 693475105   991,380 7,800 SH   DFND 2 7,800 0 0
PNC FINL SVCS GROUP INC COM 693475105   2,173,410 17,100 SH   DFND 3 17,100 0 0
PONCE FINANCIAL GROUP INC COMMON STOCK 732344106   789,702 100,599 SH   DFND 3 100,599 0 0
PONCE FINANCIAL GROUP INC COMMON STOCK 732344106   175,416 22,346 SH   DFND 1 22,346 0 0
PONCE FINANCIAL GROUP INC COMMON STOCK 732344106   726,557 92,555 SH   SOLE   92,555 0 0
PONCE FINANCIAL GROUP INC COMMON STOCK 732344106   388,575 49,500 SH   DFND 2 49,500 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404   2,158,801 39,387 SH   DFND 3 39,387 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404   2,381,330 43,447 SH   SOLE   43,447 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404   868,739 15,850 SH   DFND 1 15,850 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404   980,770 17,894 SH   DFND 2 17,894 0 0
PRIMIS FINANCIAL CORP COM 74167B109   578,763 60,100 SH   DFND 1 60,100 0 0
PRIMIS FINANCIAL CORP COM 74167B109   878,256 91,200 SH   DFND 2 91,200 0 0
PRIMIS FINANCIAL CORP COM 74167B109   1,756,512 182,400 SH   SOLE   182,400 0 0
PRIMIS FINANCIAL CORP COM 74167B109   1,856,664 192,800 SH   DFND 3 192,800 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   228,456 33,400 SH   DFND 2 33,400 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   157,320 23,000 SH   DFND 1 23,000 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   206,089 30,130 SH   SOLE   30,130 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   468,335 68,470 SH   DFND 3 68,470 0 0
PacWest Bancorp 7.75 Non-Cumulative Perpetual Preferred Stock, Series A Not 13F Security 695263202   583,514 39,400 SH   DFND 2 39,400 0 0
PacWest Bancorp 7.75 Non-Cumulative Perpetual Preferred Stock, Series A Not 13F Security 695263202   1,192,457 80,517 SH   SOLE   80,517 0 0
PacWest Bancorp 7.75 Non-Cumulative Perpetual Preferred Stock, Series A Not 13F Security 695263202   739,019 49,900 SH   DFND 1 49,900 0 0
PacWest Bancorp 7.75 Non-Cumulative Perpetual Preferred Stock, Series A Not 13F Security 695263202   1,338,824 90,400 SH   DFND 3 90,400 0 0
QCR HOLDINGS INC COM 74727A104   529,291 12,054 SH   SOLE   12,054 0 0
QCR HOLDINGS INC COM 74727A104   351,236 7,999 SH   DFND 2 7,999 0 0
QCR HOLDINGS INC COM 74727A104   360,062 8,200 SH   DFND 1 8,200 0 0
QCR HOLDINGS INC COM 74727A104   735,361 16,747 SH   DFND 3 16,747 0 0
Quaint Oak Bancorp, Inc. Not 13F Security 74732T106   271,890 12,825 SH   DFND 1 12,825 0 0
Quaint Oak Bancorp, Inc. Not 13F Security 74732T106   173,840 8,200 SH   SOLE   8,200 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   842,624 45,400 SH   SOLE   45,400 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   569,792 30,700 SH   DFND 2 30,700 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   527,104 28,400 SH   DFND 1 28,400 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   1,308,480 70,500 SH   DFND 3 70,500 0 0
REPUBLIC FIRST BANCORP INC COM 760416107   106,935 78,629 SH   DFND 3 78,629 0 0
REPUBLIC FIRST BANCORP INC COM 760416107   41,653 30,627 SH   SOLE   30,627 0 0
REPUBLIC FIRST BANCORP INC COM 760416107   51,507 37,873 SH   DFND 2 37,873 0 0
REPUBLIC FIRST BANCORP INC COM 760416107   71,905 52,871 SH   DFND 1 52,871 0 0
RHINEBECK BANCORP INC COM 762093102   179,010 23,400 SH   DFND 2 23,400 0 0
RHINEBECK BANCORP INC COM 762093102   369,028 48,239 SH   DFND 3 48,239 0 0
RHINEBECK BANCORP INC COM 762093102   176,218 23,035 SH   DFND 1 23,035 0 0
RHINEBECK BANCORP INC COM 762093102   112,738 14,737 SH   SOLE   14,737 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   959,850 40,500 SH   DFND 3 40,500 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   452,670 19,100 SH   DFND 1 19,100 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   440,820 18,600 SH   DFND 2 18,600 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   872,160 36,800 SH   SOLE   36,800 0 0
SOUND FINL BANCORP INC COM 83607A100   136,937 3,700 SH   DFND 2 3,700 0 0
SOUND FINL BANCORP INC COM 83607A100   274,244 7,410 SH   DFND 3 7,410 0 0
SOUND FINL BANCORP INC COM 83607A100   122,133 3,300 SH   DFND 1 3,300 0 0
SOUND FINL BANCORP INC COM 83607A100   206,886 5,590 SH   SOLE   5,590 0 0
SOUTHSTATE CORPORATION COM 840441109   672,267 9,434 SH   DFND 1 9,434 0 0
SOUTHSTATE CORPORATION COM 840441109   1,446,578 20,300 SH   DFND 3 20,300 0 0
SOUTHSTATE CORPORATION COM 840441109   660,295 9,266 SH   DFND 2 9,266 0 0
SOUTHSTATE CORPORATION COM 840441109   833,742 11,700 SH   SOLE   11,700 0 0
STERLING BANCORP INC COM 85917W102   38,488 6,800 SH   DFND 1 6,800 0 0
STERLING BANCORP INC COM 85917W102   26,036 4,600 SH   DFND 2 4,600 0 0
STERLING BANCORP INC COM 85917W102   55,949 9,885 SH   DFND 3 9,885 0 0
STERLING BANCORP INC COM 85917W102   56,900 10,053 SH   SOLE   10,053 0 0
STIFEL FINL CORP COM 860630102   567,264 9,600 SH   DFND 3 9,600 0 0
STIFEL FINL CORP COM 860630102   248,178 4,200 SH   DFND 2 4,200 0 0
STIFEL FINL CORP COM 860630102   228,087 3,860 SH   DFND 1 3,860 0 0
STIFEL FINL CORP COM 860630102   345,086 5,840 SH   SOLE   5,840 0 0
SYNOVUS FINL CORP COM NEW 87161C501   329,881 10,700 SH   DFND 2 10,700 0 0
SYNOVUS FINL CORP COM NEW 87161C501   743,003 24,100 SH   DFND 3 24,100 0 0
SYNOVUS FINL CORP COM NEW 87161C501   289,802 9,400 SH   DFND 1 9,400 0 0
SYNOVUS FINL CORP COM NEW 87161C501   487,114 15,800 SH   SOLE   15,800 0 0
TC BANCSHARES INC COM 87224V108   258,990 17,800 SH   DFND 2 17,800 0 0
TC BANCSHARES INC COM 87224V108   194,519 13,369 SH   DFND 1 13,369 0 0
TC BANCSHARES INC COM 87224V108   103,305 7,100 SH   SOLE   7,100 0 0
TC BANCSHARES INC COM 87224V108   517,980 35,600 SH   DFND 3 35,600 0 0
TERRITORIAL BANCORP INC COM 88145X108   193,370 10,014 SH   DFND 1 10,014 0 0
TERRITORIAL BANCORP INC COM 88145X108   594,169 30,770 SH   DFND 3 30,770 0 0
TERRITORIAL BANCORP INC COM 88145X108   275,476 14,266 SH   DFND 2 14,266 0 0
TERRITORIAL BANCORP INC COM 88145X108   742,257 38,439 SH   SOLE   38,439 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   970,060 36,400 SH   SOLE   36,400 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   391,755 14,700 SH   DFND 1 14,700 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   525,005 19,700 SH   DFND 2 19,700 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   1,111,305 41,700 SH   DFND 3 41,700 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   1,957,231 197,900 SH   DFND 3 197,900 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   1,126,471 113,900 SH   SOLE   113,900 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   615,158 62,200 SH   DFND 1 62,200 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   849,551 85,900 SH   DFND 2 85,900 0 0
VALLEY NATL BANCORP COM 919794107   728,112 78,800 SH   DFND 2 78,800 0 0
VALLEY NATL BANCORP COM 919794107   1,571,715 170,099 SH   SOLE   170,099 0 0
VALLEY NATL BANCORP COM 919794107   1,675,212 181,300 SH   DFND 3 181,300 0 0
VALLEY NATL BANCORP COM 919794107   783,561 84,801 SH   DFND 1 84,801 0 0
VOYA FINANCIAL INC COM 929089100   271,548 3,800 SH   DFND 3 3,800 0 0
VOYA FINANCIAL INC COM 929089100   121,482 1,700 SH   DFND 2 1,700 0 0
VOYA FINANCIAL INC COM 929089100   185,796 2,600 SH   SOLE   2,600 0 0
VOYA FINANCIAL INC COM 929089100   135,774 1,900 SH   DFND 1 1,900 0 0
WEBSTER FINL CORP COM 947890109   2,764,052 70,118 SH   DFND 3 70,118 0 0
WEBSTER FINL CORP COM 947890109   1,259,548 31,952 SH   DFND 2 31,952 0 0
WEBSTER FINL CORP COM 947890109   1,560,598 39,589 SH   SOLE   39,589 0 0
WEBSTER FINL CORP COM 947890109   1,314,302 33,341 SH   DFND 1 33,341 0 0
WELLS FARGO CO NEW COM 949746101   1,289,610 34,500 SH   DFND 2 34,500 0 0
WELLS FARGO CO NEW COM 949746101   1,102,710 29,500 SH   DFND 1 29,500 0 0
WELLS FARGO CO NEW COM 949746101   2,725,002 72,900 SH   SOLE   72,900 0 0
WELLS FARGO CO NEW COM 949746101   2,825,928 75,600 SH   DFND 3 75,600 0 0
WESTERN ALLIANCE BANCORP COM 957638109   124,390 3,500 SH   DFND 1 3,500 0 0
WESTERN ALLIANCE BANCORP COM 957638109   223,902 6,300 SH   SOLE   6,300 0 0
WESTERN ALLIANCE BANCORP COM 957638109   309,198 8,700 SH   DFND 3 8,700 0 0
WESTERN ALLIANCE BANCORP COM 957638109   142,160 4,000 SH   DFND 2 4,000 0 0
WILLIAM PENN BANCORPORATION COM 96927A105   568,766 50,200 SH   SOLE   50,200 0 0
WILLIAM PENN BANCORPORATION COM 96927A105   799,898 70,600 SH   DFND 3 70,600 0 0
WILLIAM PENN BANCORPORATION COM 96927A105   361,427 31,900 SH   DFND 2 31,900 0 0
WILLIAM PENN BANCORPORATION COM 96927A105   228,866 20,200 SH   DFND 1 20,200 0 0
WILLIS LEASE FIN CORP COM 970646105   191,292 3,492 SH   DFND 2 3,492 0 0
WILLIS LEASE FIN CORP COM 970646105   33,580 613 SH   SOLE   613 0 0
WILLIS LEASE FIN CORP COM 970646105   453,469 8,278 SH   DFND 3 8,278 0 0
WILLIS LEASE FIN CORP COM 970646105   38,346 700 SH   DFND 1 700 0 0
WINTRUST FINL CORP COM 97650W108   2,799,092 38,370 SH   SOLE   38,370 0 0
WINTRUST FINL CORP COM 97650W108   1,290,340 17,688 SH   DFND 2 17,688 0 0
WINTRUST FINL CORP COM 97650W108   2,833,524 38,842 SH   DFND 3 38,842 0 0
WINTRUST FINL CORP COM 97650W108   1,101,545 15,100 SH   DFND 1 15,100 0 0
White River Bancshares Co Not 13F Security 96445A108   247,710 3,590 SH   SOLE   3,590 0 0
White River Bancshares Co Not 13F Security 96445A108   2,077,797 30,113 SH   DFND 3 30,113 0 0
White River Bancshares Co Not 13F Security 96445A108   897,000 13,000 SH   DFND 2 13,000 0 0