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   323,418 43,180 SH   SOLE   43,180 0 0
AMERISERV FINL INC COM 03074A102   193,744 76,277 SH   SOLE   76,277 0 0
BANC OF CALIFORNIA INC COM 05990K106   2,464,954 212,863 SH   SOLE   212,863 0 0
BANKFINANCIAL CORP COM 06643P104   501,352 61,290 SH   SOLE   61,290 0 0
BANKUNITED INC COM 06652K103   2,938,924 136,377 SH   SOLE   136,377 0 0
BANKWELL FINL GROUP INC COM 06654A103   746,199 30,607 SH   SOLE   30,607 0 0
BAYCOM CORP COM 07272M107   2,709,783 162,457 SH   SOLE   162,457 0 0
BLUE FOUNDRY BANCORP COM 09549B104   1,150,821 113,830 SH   SOLE   113,830 0 0
BRIDGEWATER BANCSHARES INC COM 108621103   274,323 27,850 SH   SOLE   27,850 0 0
BUSINESS FIRST BANCSHARES IN COM 12326C105   457,616 30,366 SH   SOLE   30,366 0 0
BYLINE BANCORP INC COM 124411109   791,600 43,759 SH   SOLE   43,759 0 0
C & F FINL CORP COM 12466Q104   701,859 13,070 SH   SOLE   13,070 0 0
CAPSTAR FINL HLDGS INC COM 14070T102   1,915,887 156,144 SH   SOLE   156,144 0 0
CARTER BANKSHARES INC COM NEW 146103106   1,320,303 89,270 SH   SOLE   89,270 0 0
CF BANKSHARES INC COM 12520L109   690,330 46,022 SH   SOLE   46,022 0 0
CITIZENS FINL GROUP INC COM 174610105   607,873 23,308 SH   SOLE   23,308 0 0
CNB FINL CORP PA COM 126128107   959,931 54,387 SH   SOLE   54,387 0 0
CODORUS VY BANCORP INC COM 192025104   1,171,913 59,761 SH   SOLE   59,761 0 0
COMERICA INC COM 200340107   2,958,549 69,843 SH   SOLE   69,843 0 0
COMMUNITY FINL CORP MD COM 20368X101   3,188,710 117,708 SH   SOLE   117,708 0 0
COMMUNITY TR BANCORP INC COM 204149108   543,972 15,293 SH   SOLE   15,293 0 0
CROSSFIRST BANKSHARES INC COM 22766M109   338,600 33,860 SH   SOLE   33,860 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   836,120 47,426 SH   SOLE   47,426 0 0
EAGLE BANCORP INC MD COM 268948106   4,697,732 222,010 SH   SOLE   222,010 0 0
EAGLE BANCORP MONT INC COM 26942G100   346,600 26,198 SH   SOLE   26,198 0 0
EASTERN BANKSHARES INC COM 27627N105   1,853,678 151,074 SH   SOLE   151,074 0 0
ENTERPRISE BANCORP INC MASS COM 293668109   1,555,091 53,735 SH   SOLE   53,735 0 0
EQUITY BANCSHARES INC COM CL A 29460X109   266,048 11,679 SH   SOLE   11,679 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102   1,806,193 174,007 SH   SOLE   174,007 0 0
FIRST CTZNS BANCHSARES INC N CL A 31946M103   1,690,304 1,317 SH   SOLE   1,317 0 0
FIRST FINL CORP IND COM 320218100   2,798,589 86,190 SH   SOLE   86,190 0 0
FIRST FNDTN INC COM 32026V104   2,009,924 506,278 SH   SOLE   506,278 0 0
FIRST HORIZON CORPORATION COM 320517105   1,836,616 162,965 SH   SOLE   162,965 0 0
FIRST NORTHWEST BANCORP COM 335834107   898,405 78,946 SH   SOLE   78,946 0 0
FLUSHING FINL CORP COM 343873105   2,456,759 199,899 SH   SOLE   199,899 0 0
FS BANCORP INC COM 30263Y104   3,763,170 125,147 SH   SOLE   125,147 0 0
HILLTOP HOLDINGS INC COM 432748101   2,611,778 83,019 SH   SOLE   83,019 0 0
HMN FINL INC COM 40424G108   696,866 37,186 SH   SOLE   37,186 0 0
HOME BANCORP INC COM 43689E107   738,989 22,252 SH   SOLE   22,252 0 0
HOMETRUST BANCSHARES INC COM 437872104   613,101 29,349 SH   SOLE   29,349 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   1,877,439 42,476 SH   SOLE   42,476 0 0
LAKELAND BANCORP INC COM 511637100   2,009,236 150,055 SH   SOLE   150,055 0 0
MACATAWA BK CORP COM 554225102   1,560,163 168,121 SH   SOLE   168,121 0 0
MAINSTREET BANCSHARES INC COM 56064Y100   740,280 32,669 SH   SOLE   32,669 0 0
MALVERN BANCORP INC COM 561409103   736,076 46,735 SH   SOLE   46,735 0 0
MVB FINL CORP COM 553810102   272,438 12,924 SH   SOLE   12,924 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   1,574,938 140,119 SH   SOLE   140,119 0 0
NORTHEAST CMNTY BANCORP INC COM 664121100   2,581,903 173,515 SH   SOLE   173,515 0 0
NORTHFIELD BANCORP INC DEL COM 66611T108   1,876,098 170,865 SH   SOLE   170,865 0 0
NSTS BANCORP INC COM 6293JP109   173,724 19,007 SH   SOLE   19,007 0 0
OP BANCORP COM 67109R109   2,374,040 281,618 SH   SOLE   281,618 0 0
OPTIMUMBANK HLDGS INC COM 68401P403   121,807 42,294 SH   SOLE   42,294 0 0
ORRSTOWN FINL SVCS INC COM 687380105   550,658 28,755 SH   SOLE   28,755 0 0
PACWEST BANCORP DEL COM 695263103   8,474,998 1,039,877 SH   SOLE   1,039,877 0 0
PARKE BANCORP INC COM 700885106   3,137,068 184,642 SH   SOLE   184,642 0 0
PCB BANCORP COM 69320M109   1,563,467 106,286 SH   SOLE   106,286 0 0
PIONEER BANCORP INC MD COM 723561106   791,404 88,425 SH   SOLE   88,425 0 0
PRIMIS FINANCIAL CORP COM 74167B109   2,274,276 270,104 SH   SOLE   270,104 0 0
PRINCETON BANCORP INC COM 74179A107   1,722,799 63,060 SH   SOLE   63,060 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   2,357,506 284,723 SH   SOLE   284,723 0 0
QCR HOLDINGS INC COM 74727A104   307,930 7,505 SH   SOLE   7,505 0 0
RBB BANCORP COM 74930B105   2,038,206 170,704 SH   SOLE   170,704 0 0
RHINEBECK BANCORP INC COM 762093102   140,186 20,830 SH   SOLE   20,830 0 0
SB FINL GROUP INC COM 78408D105   354,016 28,052 SH   SOLE   28,052 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   24,320,000 760,000 SH Put SOLE   760,000 0 0
SMARTFINANCIAL INC COM NEW 83190L208   1,740,869 80,933 SH   SOLE   80,933 0 0
SOUTHERN CALIF BANCORP COM 84252A106   4,406,494 321,173 SH   SOLE   321,173 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107   4,967,999 96,466 SH   SOLE   96,466 0 0
THIRD COAST BANCSHARES INC COM 88422P109   1,488,225 93,776 SH   SOLE   93,776 0 0
VERITEX HLDGS INC COM 923451108   4,597,987 256,441 SH   SOLE   256,441 0 0
WINTRUST FINL CORP COM 97650W108   3,041,326 41,880 SH   SOLE   41,880 0 0