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 2,786 125,887 SH   OTR 1 2 0 125,887 0
ALCENTRA CAP CORP COM 01374T102 1,198 132,374 SH   OTR 1 2 0 132,374 0
ALLSTATE CORP COM 020002101 824 7,331 SH   OTR 1 2 0 7,331 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 974 94,727 SH   OTR 1 2 0 94,727 0
AMERICAN INTL GROUP INC COM NEW 026874784 236 4,602 SH   OTR 1 2 0 4,602 0
AMERICAN INTL GROUP INC COM NEW 026874784 43 5,100 SH Call OTR 1 2 0 5,100 0
AMERICAN NATL BANKSHARES INC COM 027745108 410 10,358 SH   OTR 1 2 0 10,358 0
AMERIS BANCORP COM 03076K108 1,462 34,359 SH   OTR 1 2 0 34,359 0
APPLE INC COM 037833100 447 1,522 SH   OTR 1 2 0 1,522 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 215 3,273 SH   OTR 1 2 0 3,273 0
AT&T INC COM 00206R102 672 17,200 SH   OTR 1 2 0 17,200 0
AT&T INC COM 00206R102 34 10,000 SH Call OTR 1 2 0 10,000 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 1,760 46,882 SH   OTR 1 2 0 46,882 0
AXA EQUITABLE HLDGS INC COM 054561105 201 8,100 SH   OTR 1 2 0 8,100 0
BANC OF CALIFORNIA INC COM 05990K106 2,264 131,821 SH   OTR 1 2 0 131,821 0
BANK AMER CORP COM 060505104 45 900,000 SH Put OTR 1 2 0 900,000 0
BANK AMER CORP COM 060505104 14,298 1,165,100 SH Call OTR 1 2 0 1,165,100 0
BANK AMER CORP COM 060505104 14,008 397,732 SH   OTR 1 2 0 397,732 0
BANK COMM HLDGS COM 06424J103 258 22,300 SH   OTR 1 2 0 22,300 0
BANK OF THE ST JAMES FINL GP COM 470299108 329 21,531 SH   OTR 1 2 0 21,531 0
BECTON DICKINSON & CO COM 075887109 243 894 SH   OTR 1 2 0 894 0
BRISTOL MYERS SQUIBB CO COM 110122108 150 2,338 SH   OTR 1 2 0 2,338 0
BRISTOL MYERS SQUIBB CO COM 110122108 139 7,300 SH Call OTR 1 2 0 7,300 0
CADENCE BANCORPORATION CL A 12739A100 529 29,160 SH   OTR 1 2 0 29,160 0
CAPITAL ONE FINL CORP COM 14040H105 7,563 73,487 SH   OTR 1 2 0 73,487 0
CAPITAL ONE FINL CORP COM 14040H105 98 3,000 SH Call OTR 1 2 0 3,000 0
CB FINL SVCS INC COM 12479G101 882 29,273 SH   OTR 1 2 0 29,273 0
CERUS CORP COM 157085101 1,504 356,549 SH   OTR 1 2 0 356,549 0
CIT GROUP INC COM NEW 125581801 1,053 23,077 SH   OTR 1 2 0 23,077 0
CIT GROUP INC COM NEW 125581801 103 13,000 SH Call OTR 1 2 0 13,000 0
CITIGROUP INC COM NEW 172967424 1,178 14,743 SH   OTR 1 2 0 14,743 0
CITIGROUP INC COM NEW 172967424 1,784 70,500 SH Call OTR 1 2 0 70,500 0
CITIZENS FINL GROUP INC COM 174610105 473 11,652 SH   OTR 1 2 0 11,652 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 763 31,789 SH   OTR 1 2 0 31,789 0
CNO FINL GROUP INC COM 12621E103 3,118 172,004 SH   OTR 1 2 0 172,004 0
CODORUS VY BANCORP INC COM 192025104 254 11,023 SH   OTR 1 2 0 11,023 0
COLUMBIA BKG SYS INC COM 197236102 214 5,264 SH   OTR 1 2 0 5,264 0
COMERICA INC COM 200340107 5,303 73,915 SH   OTR 1 2 0 73,915 0
COMERICA INC COM 200340107 133 121,500 SH Call OTR 1 2 0 121,500 0
CONNECTONE BANCORP INC NEW COM 20786W107 742 28,847 SH   OTR 1 2 0 28,847 0
CROCS INC COM 227046109 218 5,200 SH   OTR 1 2 0 5,200 0
DIME CMNTY BANCSHARES COM 253922108 2,442 116,863 SH   OTR 1 2 0 116,863 0
DISCOVER FINL SVCS COM 254709108 459 5,416 SH   OTR 1 2 0 5,416 0
DISCOVER FINL SVCS COM 254709108 48 4,500 SH Call OTR 1 2 0 4,500 0
ENTERPRISE FINL SVCS CORP COM 293712105 1,309 27,150 SH   OTR 1 2 0 27,150 0
FAUQUIER BANKSHARES INC VA COM 312059108 1,000 47,081 SH   OTR 1 2 0 47,081 0
FIFTH THIRD BANCORP COM 316773100 5,993 194,964 SH   OTR 1 2 0 194,964 0
FIFTH THIRD BANCORP COM 316773100 117 14,400 SH Call OTR 1 2 0 14,400 0
FIRST CHOICE BANCORP COM 31948P104 266 9,880 SH   OTR 1 2 0 9,880 0
FIRST CMNTY CORP S C COM 319835104 292 13,500 SH   OTR 1 2 0 13,500 0
FIRST DEFIANCE FINL CORP COM 32006W106 987 31,339 SH   OTR 1 2 0 31,339 0
FIRST GTY BANCSHARES INC COM 32043P106 1,461 67,116 SH   OTR 1 2 0 67,116 0
FIRST MIDWEST BANCORP DEL COM 320867104 440 19,085 SH   OTR 1 2 0 19,085 0
FRANKLIN FINL NETWORK INC COM 35352P104 5,031 146,543 SH   OTR 1 2 0 146,543 0
FS KKR CAPITAL CORP COM 302635107 95 15,500 SH   OTR 1 2 0 15,500 0
GERMAN AMERN BANCORP INC COM 373865104 472 13,256 SH   OTR 1 2 0 13,256 0
GUARANTY FED BANCSHARES INC COM 40108P101 378 15,000 SH   OTR 1 2 0 15,000 0
HANCOCK WHITNEY CORPORATION COM 410120109 4,607 104,993 SH   OTR 1 2 0 104,993 0
HANESBRANDS INC COM 410345102 149 10,000 SH   OTR 1 2 0 10,000 0
HANMI FINL CORP COM NEW 410495204 338 16,914 SH   OTR 1 2 0 16,914 0
HANOVER INS GROUP INC COM 410867105 937 6,858 SH   OTR 1 2 0 6,858 0
HARTFORD FINL SVCS GROUP INC COM 416515104 2,945 48,461 SH   OTR 1 2 0 48,461 0
HERCULES CAPITAL INC COM 427096508 252 18,000 SH   OTR 1 2 0 18,000 0
HOMETRUST BANCSHARES INC COM 437872104 402 15,000 SH   OTR 1 2 0 15,000 0
HOPE BANCORP INC COM 43940T109 267 17,981 SH   OTR 1 2 0 17,981 0
HUNTINGTON BANCSHARES INC COM 446150104 563 37,312 SH   OTR 1 2 0 37,312 0
IMPAC MTG HLDGS INC COM NEW 45254P508 413 78,623 SH   OTR 1 2 0 78,623 0
INTL PAPER CO COM 460146103 19 8,100 SH Call OTR 1 2 0 8,100 0
INTL PAPER CO COM 460146103 92 2,001 SH   OTR 1 2 0 2,001 0
ISHARES TR US REGNL BKS ETF 464288778 205 4,017 SH   OTR 1 2 0 4,017 0
JPMORGAN CHASE & CO COM 46625H100 16,660 119,514 SH   OTR 1 2 0 119,514 0
JPMORGAN CHASE & CO COM 46625H100 2,223 50,400 SH Call OTR 1 2 0 50,400 0
KEYCORP NEW COM 493267108 2,537 125,365 SH   OTR 1 2 0 125,365 0
KEYCORP NEW COM 493267108 245 49,400 SH Call OTR 1 2 0 49,400 0
KINGSTONE COS INC COM 496719105 722 93,210 SH   OTR 1 2 0 93,210 0
LIMESTONE BANCORP INC COM 53262L105 540 30,000 SH   OTR 1 2 0 30,000 0
LINCOLN NATL CORP IND COM 534187109 497 8,417 SH   OTR 1 2 0 8,417 0
LIQUID MEDIA GROUP LTD NEW COM NEW 53634Q204 48 24,521 SH   OTR 1 2 0 24,521 0
M & T BK CORP COM 55261F104 9,751 57,443 SH   OTR 1 2 0 57,443 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 354 1,203 SH   OTR 1 2 0 1,203 0
MAIDEN HOLDINGS LTD SHS G5753U112 155 207,122 SH   OTR 1 2 0 207,122 0
MAINSTREET BANCSHARES INC COM 56064Y100 1,200 52,185 SH   OTR 1 2 0 52,185 0
MERIDIAN BANCORP INC MD COM 58958U103 4,205 209,320 SH   OTR 1 2 0 209,320 0
METLIFE INC COM 59156R108 34 19,600 SH Call OTR 1 2 0 19,600 0
METLIFE INC COM 59156R108 745 14,611 SH   OTR 1 2 0 14,611 0
MID PENN BANCORP INC COM 59540G107 560 19,437 SH   OTR 1 2 0 19,437 0
MONROE CAP CORP COM 610335101 569 52,438 SH   OTR 1 2 0 52,438 0
MORGAN STANLEY COM NEW 617446448 847 16,571 SH   OTR 1 2 0 16,571 0
MORGAN STANLEY COM NEW 617446448 770 49,800 SH Call OTR 1 2 0 49,800 0
NEWELL BRANDS INC COM 651229106 1,295 67,343 SH   OTR 1 2 0 67,343 0
NEWELL BRANDS INC COM 651229106 0 3,000 SH Call OTR 1 2 0 3,000 0
OFG BANCORP COM 67103X102 239 10,121 SH   OTR 1 2 0 10,121 0
O-I GLASS INC COM 67098H104 150 12,600 SH   OTR 1 2 0 12,600 0
ONCOSEC MED INC COM 68234L306 58 32,303 SH   OTR 1 2 0 32,303 0
OP BANCORP COM 67109R109 323 31,107 SH   OTR 1 2 0 31,107 0
OPTION CARE HEALTH INC COM 68404L102 116 31,111 SH   OTR 1 2 0 31,111 0
PACIFIC MERCANTILE BANCORP COM 694552100 620 76,400 SH   OTR 1 2 0 76,400 0
PACIFIC PREMIER BANCORP COM 69478X105 278 8,540 SH   OTR 1 2 0 8,540 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 4,407 142,615 SH   OTR 1 2 0 142,615 0
PFIZER INC COM 717081103 217 5,530 SH   OTR 1 2 0 5,530 0
PFIZER INC COM 717081103 26 8,000 SH Call OTR 1 2 0 8,000 0
PINNACLE FINL PARTNERS INC COM 72346Q104 3,427 53,548 SH   OTR 1 2 0 53,548 0
PNC FINL SVCS GROUP INC COM 693475105 154 3,400 SH Call OTR 1 2 0 3,400 0
PNC FINL SVCS GROUP INC COM 693475105 6,928 43,398 SH   OTR 1 2 0 43,398 0
POPULAR INC COM NEW 733174700 879 14,964 SH   OTR 1 2 0 14,964 0
PROSPERITY BANCSHARES INC COM 743606105 364 5,063 SH   OTR 1 2 0 5,063 0
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 307 5,200 SH   OTR 1 2 0 5,200 0
RBB BANCORP COM 74930B105 228 10,776 SH   OTR 1 2 0 10,776 0
REGIONS FINL CORP NEW COM 7591EP100 176 45,900 SH Call OTR 1 2 0 45,900 0
REGIONS FINL CORP NEW COM 7591EP100 2,687 156,599 SH   OTR 1 2 0 156,599 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 224 20,405 SH   OTR 1 2 0 20,405 0
SB ONE BANCORP COM 78413T103 722 28,970 SH   OTR 1 2 0 28,970 0
SEACOAST BKG CORP FLA COM NEW 811707801 3,891 127,296 SH   OTR 1 2 0 127,296 0
SELECT BANCORP INC NEW COM 81617L108 1,356 110,270 SH   OTR 1 2 0 110,270 0
SEVERN BANCORP ANNAPOLIS MD COM 81811M100 745 80,006 SH   OTR 1 2 0 80,006 0
SMARTFINANCIAL INC COM NEW 83190L208 1,269 53,671 SH   OTR 1 2 0 53,671 0
SOUTH ST CORP COM 840441109 2,866 33,034 SH   OTR 1 2 0 33,034 0
SOUTHERN NATL BANCORP OF VA COM 843395104 9,368 572,998 SH   OTR 1 2 0 572,998 0
STANDARD AVB FINL CORP COM 85303B100 719 24,000 SH   OTR 1 2 0 24,000 0
STERLING BANCORP DEL COM 85917A100 3,002 142,405 SH   OTR 1 2 0 142,405 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 249 19,200 SH   OTR 1 2 0 19,200 0
SYNOVUS FINL CORP COM NEW 87161C501 4,232 107,958 SH   OTR 1 2 0 107,958 0
TCF FINANCIAL CORPORATION NE COM 872307103 493 10,539 SH   OTR 1 2 0 10,539 0
TERRITORIAL BANCORP INC COM 88145X108 879 28,433 SH   OTR 1 2 0 28,433 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 753 27,065 SH   OTR 1 2 0 27,065 0
TRUIST FINL CORP COM 89832Q109 373 22,600 SH Call OTR 1 2 0 22,600 0
TRUIST FINL CORP COM 89832Q109 6,340 112,563 SH   OTR 1 2 0 112,563 0
UNITED PARCEL SERVICE INC CL B 911312106 225 1,924 SH   OTR 1 2 0 1,924 0
UNIVAR SOLUTIONS INC COM 91336L107 373 15,400 SH   OTR 1 2 0 15,400 0
US BANCORP DEL COM NEW 902973304 1,440 24,288 SH   OTR 1 2 0 24,288 0
WELLS FARGO CO NEW COM 949746101 775 14,406 SH   OTR 1 2 0 14,406 0
WELLS FARGO CO NEW COM 949746101 309 38,700 SH Call OTR 1 2 0 38,700 0
WESBANCO INC COM 950810101 488 12,905 SH   OTR 1 2 0 12,905 0
WSFS FINL CORP COM 929328102 721 16,390 SH   OTR 1 2 0 16,390 0
ZIONS BANCORPORATION N A *W EXP 05/21/202 989701115 683 35,039 SH   OTR 1 2 0 35,039 0
ZIONS BANCORPORATION N A COM 989701107 382 38,500 SH Call OTR 1 2 0 38,500 0