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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMALGAMATED BK NEW YORK N Y CLASS A 022663108 7,694 394,583 SH   SOLE   394,583 0 0
AMERICAN EXPRESS CO COM 025816109 38,661 405,595 SH   SOLE   405,595 0 0
AMERICAS CAR MART INC COM 03062T105 4,881 67,370 SH   SOLE   67,370 0 0
ATHENE HLDG LTD CL A G0684D107 23,854 598,899 SH   SOLE   598,899 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 2,083 127,239 SH   SOLE   127,239 0 0
BANK OF MARIN BANCORP COM 063425102 3,926 95,200 SH   SOLE   95,200 0 0
BANK7 CORP COM 06652N107 2,170 162,563 SH   SOLE   162,563 0 0
BB&T CORP COM 054937107 14,083 325,100 SH   SOLE   325,100 0 0
CAPITAL ONE FINL CORP COM 14040H105 51,226 677,679 SH   SOLE   677,679 0 0
DISCOVER FINL SVCS COM 254709108 13,287 225,277 SH   SOLE   225,277 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 7,149 162,919 SH   SOLE   162,919 0 0
EZCORP INC CL A NON VTG 302301106 4,078 527,523 SH   SOLE   527,523 0 0
FIRST FNDTN INC COM 32026V104 8,229 639,881 SH   SOLE   639,881 0 0
FOCUS FINL PARTNERS INC COM CL A 34417P100 14,081 534,789 SH   SOLE   534,789 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 11,804 70,663 SH   SOLE   70,663 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 11,723 340,773 SH   SOLE   340,773 0 0
INVESCO LTD SHS G491BT108 15,837 946,061 SH   SOLE   946,061 0 0
INVESTORS BANCORP INC NEW COM 46146L101 34,653 3,332,057 SH   SOLE   3,332,057 0 0
JPMORGAN CHASE & CO COM 46625H100 9,134 93,570 SH   SOLE   93,570 0 0
LPL FINL HLDGS INC COM 50212V100 57,034 933,753 SH   SOLE   933,753 0 0
M & T BK CORP COM 55261F104 45,780 319,849 SH   SOLE   319,849 0 0
MASTERCARD INCORPORATED CL A 57636Q104 13,754 72,907 SH   SOLE   72,907 0 0
MIDSOUTH BANCORP INC COM 598039105 11,487 1,083,682 SH   SOLE   1,083,682 0 0
ORIGIN BANCORP INC COM 68621T102 4,755 139,526 SH   SOLE   139,526 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 27,208 1,546,800 SH Call SOLE   1,546,800 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 5,460 53,103 SH   SOLE   53,103 0 0
STERLING BANCORP DEL COM 85917A100 31,473 1,906,289 SH   SOLE   1,906,289 0 0
STIFEL FINL CORP COM 860630102 29,889 721,613 SH   SOLE   721,613 0 0
SYNCHRONY FINL COM 87165B103 37,180 1,584,805 SH   SOLE   1,584,805 0 0
SYNOVUS FINL CORP COM NEW 87161C501 53,829 1,682,681 SH   SOLE   1,682,681 0 0
TCF FINL CORP COM 872275102 22,458 1,152,300 SH   SOLE   1,152,300 0 0
VICTORY CAP HLDGS INC COM CL A 92645B103 8,090 791,631 SH   SOLE   791,631 0 0