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
1ST CONSTITUTION BANCORP COM 31986N102 2,191 118,624 SH   OTR 1 2 0 118,624 0
ALCENTRA CAP CORP COM 01374T102 1,109 132,374 SH   OTR 1 2 0 132,374 0
ALLSTATE CORP COM 020002101 746 7,338 SH   OTR 1 2 0 7,338 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 1,160 94,727 SH   OTR 1 2 0 94,727 0
AMERICAN INTL GROUP INC COM NEW 026874784 245 4,602 SH   OTR 1 2 0 4,602 0
AMERICAN INTL GROUP INC COM NEW 026874784 67 5,100 SH Call OTR 1 2 0 5,100 0
AMERICAN NATL BANKSHARES INC COM 027745108 401 10,358 SH   OTR 1 2 0 10,358 0
AMERIS BANCORP COM 03076K108 1,347 34,359 SH   OTR 1 2 0 34,359 0
APOLLO INVT CORP COM NEW 03761U502 590 37,332 SH   OTR 1 2 0 37,332 0
APPLE INC COM 037833100 302 1,522 SH   OTR 1 2 0 1,522 0
ARBOR RLTY TR INC COM 038923108 347 28,633 SH   OTR 1 2 0 28,633 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 242 3,273 SH   OTR 1 2 0 3,273 0
AT&T INC COM 00206R102 576 17,200 SH   OTR 1 2 0 17,200 0
AT&T INC COM 00206R102 8 10,000 SH Call OTR 1 2 0 10,000 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 1,656 46,882 SH   OTR 1 2 0 46,882 0
BANC OF CALIFORNIA INC COM 05990K106 1,726 123,576 SH   OTR 1 2 0 123,576 0
BANCORP NEW JERSEY INC NEW COM 059915108 219 15,750 SH   OTR 1 2 0 15,750 0
BANK AMER CORP COM 060505104 1,636 240,400 SH Call OTR 1 2 0 240,400 0
BANK AMER CORP COM 060505104 41,133 1,418,385 SH   OTR 1 2 0 1,418,385 0
BANK COMM HLDGS COM 06424J103 238 22,300 SH   OTR 1 2 0 22,300 0
BANK OF THE ST JAMES FINL GP COM 470299108 318 21,531 SH   OTR 1 2 0 21,531 0
BARINGS BDC INC COM 06759L103 512 51,987 SH   OTR 1 2 0 51,987 0
BB&T CORP COM 054937107 2,863 58,277 SH   OTR 1 2 0 58,277 0
BB&T CORP COM 054937107 419 45,400 SH Call OTR 1 2 0 45,400 0
BECTON DICKINSON & CO COM 075887109 225 894 SH   OTR 1 2 0 894 0
BIOSCRIP INC COM 09069N108 81 31,012 SH   OTR 1 2 0 31,012 0
BRISTOL MYERS SQUIBB CO COM 110122108 106 2,338 SH   OTR 1 2 0 2,338 0
BRISTOL MYERS SQUIBB CO COM 110122108 91 14,700 SH Call OTR 1 2 0 14,700 0
CADENCE BANCORPORATION CL A 12739A100 607 29,160 SH   OTR 1 2 0 29,160 0
CAPITAL ONE FINL CORP COM 14040H105 6,767 74,587 SH   OTR 1 2 0 74,587 0
CB FINL SVCS INC COM 12479G101 695 29,273 SH   OTR 1 2 0 29,273 0
CERUS CORP COM 157085101 1,749 311,249 SH   OTR 1 2 0 311,249 0
CHEMICAL FINL CORP COM 163731102 433 10,539 SH   OTR 1 2 0 10,539 0
CIT GROUP INC COM NEW 125581801 187 13,000 SH Call OTR 1 2 0 13,000 0
CIT GROUP INC COM NEW 125581801 1,030 19,589 SH   OTR 1 2 0 19,589 0
CITIGROUP INC COM NEW 172967424 1,439 71,700 SH Call OTR 1 2 0 71,700 0
CITIGROUP INC COM NEW 172967424 1,033 14,743 SH   OTR 1 2 0 14,743 0
CITIZENS FINL GROUP INC COM 174610105 412 11,652 SH   OTR 1 2 0 11,652 0
CITIZENS FIRST CORP COM 17462Q107 514 20,000 SH   OTR 1 2 0 20,000 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 1,270 56,582 SH   OTR 1 2 0 56,582 0
CNO FINL GROUP INC COM 12621E103 2,922 175,204 SH   OTR 1 2 0 175,204 0
CODORUS VY BANCORP INC COM 192025104 242 10,500 SH   OTR 1 2 0 10,500 0
COMERICA INC COM 200340107 5,369 73,915 SH   OTR 1 2 0 73,915 0
COMERICA INC COM 200340107 38 8,500 SH Call OTR 1 2 0 8,500 0
CONNECTONE BANCORP INC NEW COM 20786W107 654 28,847 SH   OTR 1 2 0 28,847 0
COWEN INC CL A NEW 223622606 9,800 570,060 SH   OTR 1 2 0 570,060 0
DIME CMNTY BANCSHARES COM 253922108 2,124 111,863 SH   OTR 1 2 0 111,863 0
DISCOVER FINL SVCS COM 254709108 420 5,416 SH   OTR 1 2 0 5,416 0
DISCOVER FINL SVCS COM 254709108 81 4,500 SH Call OTR 1 2 0 4,500 0
ENTERPRISE FINL SVCS CORP COM 293712105 1,129 27,150 SH   OTR 1 2 0 27,150 0
ESSA BANCORP INC COM 29667D104 793 51,984 SH   OTR 1 2 0 51,984 0
FAUQUIER BANKSHARES INC VA COM 312059108 997 46,781 SH   OTR 1 2 0 46,781 0
FIDUS INVT CORP COM 316500107 329 20,600 SH   OTR 1 2 0 20,600 0
FIFTH THIRD BANCORP COM 316773100 6,347 227,480 SH   OTR 1 2 0 227,480 0
FIFTH THIRD BANCORP COM 316773100 102 14,400 SH Call OTR 1 2 0 14,400 0
FIRST CHOICE BANCORP COM 31948P104 225 9,880 SH   OTR 1 2 0 9,880 0
FIRST CMNTY CORP S C COM 319835104 250 13,500 SH   OTR 1 2 0 13,500 0
FIRST DEFIANCE FINL CORP COM 32006W106 895 31,339 SH   OTR 1 2 0 31,339 0
FIRST GTY BANCSHARES INC COM 32043P106 1,272 61,020 SH   OTR 1 2 0 61,020 0
FIRST MIDWEST BANCORP DEL COM 320867104 391 19,085 SH   OTR 1 2 0 19,085 0
FRANKLIN FINL NETWORK INC COM 35352P104 4,082 146,543 SH   OTR 1 2 0 146,543 0
FS KKR CAPITAL CORP COM 302635107 689 115,540 SH   OTR 1 2 0 115,540 0
GOLDMAN SACHS BDC INC SHS 38147U107 886 45,028 SH   OTR 1 2 0 45,028 0
GUARANTY FED BANCSHARES INC COM 40108P101 349 15,000 SH   OTR 1 2 0 15,000 0
HANCOCK WHITNEY CORPORATION COM 410120109 2,632 65,696 SH   OTR 1 2 0 65,696 0
HANESBRANDS INC COM 410345102 172 10,000 SH   OTR 1 2 0 10,000 0
HANMI FINL CORP COM NEW 410495204 377 16,914 SH   OTR 1 2 0 16,914 0
HANOVER INS GROUP INC COM 410867105 941 7,338 SH   OTR 1 2 0 7,338 0
HARTFORD FINL SVCS GROUP INC COM 416515104 2,704 48,533 SH   OTR 1 2 0 48,533 0
HERCULES CAPITAL INC COM 427096508 295 23,000 SH   OTR 1 2 0 23,000 0
HOMETRUST BANCSHARES INC COM 437872104 251 10,000 SH   OTR 1 2 0 10,000 0
HOPE BANCORP INC COM 43940T109 248 17,981 SH   OTR 1 2 0 17,981 0
HUNTINGTON BANCSHARES INC COM 446150104 523 37,812 SH   OTR 1 2 0 37,812 0
IMPAC MTG HLDGS INC COM NEW 45254P508 244 78,623 SH   OTR 1 2 0 78,623 0
INTL PAPER CO COM 460146103 87 2,001 SH   OTR 1 2 0 2,001 0
INTL PAPER CO COM 460146103 21 8,100 SH Call OTR 1 2 0 8,100 0
JPMORGAN CHASE & CO COM 46625H100 2,034 94,800 SH Call OTR 1 2 0 94,800 0
JPMORGAN CHASE & CO COM 46625H100 14,480 129,514 SH   OTR 1 2 0 129,514 0
KEYCORP NEW COM 493267108 2,761 155,595 SH   OTR 1 2 0 155,595 0
KEYCORP NEW COM 493267108 240 49,400 SH Call OTR 1 2 0 49,400 0
KINGSTONE COS INC COM 496719105 722 83,434 SH   OTR 1 2 0 83,434 0
LINCOLN NATL CORP IND COM 534187109 542 8,417 SH   OTR 1 2 0 8,417 0
LIQUID MEDIA GROUP LTD NEW COM NEW 53634Q204 43 24,521 SH   OTR 1 2 0 24,521 0
M & T BK CORP COM 55261F104 9,777 57,487 SH   OTR 1 2 0 57,487 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 340 1,216 SH   OTR 1 2 0 1,216 0
MAIDEN HOLDINGS LTD SHS G5753U112 133 207,122 SH   OTR 1 2 0 207,122 0
MAINSTREET BANCSHARES INC COM 56064Y100 1,189 52,185 SH   OTR 1 2 0 52,185 0
MERIDIAN BANCORP INC MD COM 58958U103 3,745 209,320 SH   OTR 1 2 0 209,320 0
METLIFE INC COM 59156R108 726 14,611 SH   OTR 1 2 0 14,611 0
METLIFE INC COM 59156R108 295 42,600 SH Call OTR 1 2 0 42,600 0
MID PENN BANCORP INC COM 59540G107 485 19,437 SH   OTR 1 2 0 19,437 0
MIDSOUTH BANCORP INC COM 598039105 1,626 137,226 SH   OTR 1 2 0 137,226 0
MONROE CAP CORP COM 610335101 605 52,438 SH   OTR 1 2 0 52,438 0
MORGAN STANLEY COM NEW 617446448 735 16,779 SH   OTR 1 2 0 16,779 0
MORGAN STANLEY COM NEW 617446448 557 49,800 SH Call OTR 1 2 0 49,800 0
NEWELL BRANDS INC COM 651229106 1,039 67,343 SH   OTR 1 2 0 67,343 0
NEWELL BRANDS INC COM 651229106 1 3,000 SH Call OTR 1 2 0 3,000 0
OFG BANCORP COM 67103X102 241 10,121 SH   OTR 1 2 0 10,121 0
OLD LINE BANCSHARES INC COM 67984M100 421 15,818 SH   OTR 1 2 0 15,818 0
PACIFIC MERCANTILE BANCORP COM 694552100 383 46,400 SH   OTR 1 2 0 46,400 0
PACIFIC PREMIER BANCORP COM 69478X105 264 8,540 SH   OTR 1 2 0 8,540 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 4,010 142,615 SH   OTR 1 2 0 142,615 0
PFIZER INC COM 717081103 240 5,530 SH   OTR 1 2 0 5,530 0
PFIZER INC COM 717081103 49 5,300 SH Call OTR 1 2 0 5,300 0
PINNACLE FINL PARTNERS INC COM 72346Q104 3,078 53,548 SH   OTR 1 2 0 53,548 0
PNC FINL SVCS GROUP INC COM 693475105 173 6,900 SH Call OTR 1 2 0 6,900 0
PNC FINL SVCS GROUP INC COM 693475105 5,971 43,496 SH   OTR 1 2 0 43,496 0
POPULAR INC COM NEW 733174700 812 14,964 SH   OTR 1 2 0 14,964 0
PROSPERITY BANCSHARES INC COM 743606105 334 5,063 SH   OTR 1 2 0 5,063 0
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 347 5,900 SH   OTR 1 2 0 5,900 0
RBB BANCORP COM 74930B105 208 10,776 SH   OTR 1 2 0 10,776 0
REGIONS FINL CORP NEW COM 7591EP100 122 45,900 SH Call OTR 1 2 0 45,900 0
REGIONS FINL CORP NEW COM 7591EP100 2,356 157,732 SH   OTR 1 2 0 157,732 0
RITE AID CORP COM 767754872 154 19,268 SH   OTR 1 2 0 19,268 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 246 20,405 SH   OTR 1 2 0 20,405 0
SB ONE BANCORP COM 78413T103 237 10,600 SH   OTR 1 2 0 10,600 0
SEACOAST BKG CORP FLA COM NEW 811707801 3,238 127,296 SH   OTR 1 2 0 127,296 0
SELECT BANCORP INC NEW COM 81617L108 575 50,270 SH   OTR 1 2 0 50,270 0
SELECT ENERGY SVCS INC CL A COM 81617J301 197 17,000 SH   OTR 1 2 0 17,000 0
SEVERN BANCORP ANNAPOLIS MD COM 81811M100 695 80,006 SH   OTR 1 2 0 80,006 0
SMARTFINANCIAL INC COM NEW 83190L208 1,164 53,671 SH   OTR 1 2 0 53,671 0
SOUTH ST CORP COM 840441109 2,434 33,034 SH   OTR 1 2 0 33,034 0
SOUTHERN NATL BANCORP OF VA COM 843395104 7,714 503,817 SH   OTR 1 2 0 503,817 0
STANDARD AVB FINL CORP COM 85303B100 521 19,000 SH   OTR 1 2 0 19,000 0
STERLING BANCORP DEL COM 85917A100 3,028 142,305 SH   OTR 1 2 0 142,305 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 211 19,200 SH   OTR 1 2 0 19,200 0
SUNTRUST BKS INC COM 867914103 2,760 43,908 SH   OTR 1 2 0 43,908 0
SUNTRUST BKS INC COM 867914103 131 16,100 SH Call OTR 1 2 0 16,100 0
SYNOVUS FINL CORP COM NEW 87161C501 3,167 90,458 SH   OTR 1 2 0 90,458 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 738 27,065 SH   OTR 1 2 0 27,065 0
UNITED PARCEL SERVICE INC CL B 911312106 206 1,993 SH   OTR 1 2 0 1,993 0
UNITED PARCEL SERVICE INC CL B 911312106 47 2,000 SH Call OTR 1 2 0 2,000 0
UNIVAR INC COM 91336L107 342 15,500 SH   OTR 1 2 0 15,500 0
US BANCORP DEL COM NEW 902973304 1,273 24,288 SH   OTR 1 2 0 24,288 0
WELLS FARGO CO NEW COM 949746101 681 14,406 SH   OTR 1 2 0 14,406 0
WELLS FARGO CO NEW COM 949746101 164 38,700 SH Call OTR 1 2 0 38,700 0
WSFS FINL CORP COM 929328102 697 16,891 SH   OTR 1 2 0 16,891 0
ZIONS BANCORPORATION N A *W EXP 05/21/202 989701115 465 35,039 SH   OTR 1 2 0 35,039 0
ZIONS BANCORPORATION N A COM 989701107 137 21,500 SH Call OTR 1 2 0 21,500 0
ZOETIS INC CL A 98978V103 239 2,104 SH   OTR 1 2 0 2,104 0