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
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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 10,964 563,699 SH   SOLE   0 0 563,699
AMALGAMATED BK NEW YORK N Y CLASS A 022663108 462 23,771 SH   OTR 34 0 0 23,771
AMERICAN EXPRESS CO COM 025816109 4,856 39,000 SH Put SOLE   0 0 39,000
AMERIS BANCORP COM 03076K108 814 19,134 SH   OTR 34 0 0 19,134
AMERIS BANCORP COM 03076K108 40,667 955,969 SH   SOLE   0 0 955,969
BANC OF CALIFORNIA INC COM 05990K106 2,654 154,464 SH   SOLE   0 0 154,464
BANCORP 34 INC COM 05970V106 1,063 69,603 SH   OTR 34 0 0 69,603
BANK AMER CORP COM 060505104 7,044 200,000 SH   SOLE   0 0 200,000
BANK7 CORP COM 06652N107 6,743 355,652 SH   SOLE   0 0 355,652
BANK7 CORP COM 06652N107 1,166 61,483 SH   OTR 34 0 0 61,483
BAYCOM CORP COM 07272M107 837 36,811 SH   OTR 34 0 0 36,811
BAYCOM CORP COM 07272M107 14,399 633,196 SH   SOLE   0 0 633,196
BROADMARK RLTY CAP INC COM 11135B100 4,611 361,681 SH   SOLE   0 0 361,681
BUSINESS FIRST BANCSHARES IN COM 12326C105 146 5,863 SH   OTR 34 0 0 5,863
BUSINESS FIRST BANCSHARES IN COM 12326C105 534 21,401 SH   SOLE   0 0 21,401
BYLINE BANCORP INC COM 124411109 11,669 596,288 SH   SOLE   0 0 596,288
CAROLINA FINL CORP NEW COM 143873107 19,255 445,416 SH   SOLE   0 0 445,416
CAROLINA TR BANCSHARES INC COM 14422p105 1,929 149,678 SH   SOLE   0 0 149,678
CBTX INC COM 12481V104 2,773 89,121 SH   SOLE   0 0 89,121
CBTX INC COM 12481V104 816 26,234 SH   OTR 34 0 0 26,234
COMMUNITY BANKERS TR CORP COM 203612106 439 49,383 SH   OTR 34 0 0 49,383
COWEN INC CL A NEW 223622606 2,953 187,501 SH   SOLE   0 0 187,501
CROSSFIRST BANKSHARES INC COM 22766M109 614 42,567 SH   OTR 34 0 0 42,567
CROSSFIRST BANKSHARES INC COM 22766M109 5,106 354,100 SH   SOLE   0 0 354,100
E TRADE FINANCIAL CORP COM NEW 269246401 1,516 33,424 SH   SOLE   0 0 33,424
EQUITY BANCSHARES INC COM CL A 29460X109 1,148 37,199 SH   OTR 34 0 0 37,199
EQUITY BANCSHARES INC COM CL A 29460X109 28,232 914,532 SH   SOLE   0 0 914,532
ESQUIRE FINL HLDGS INC COM 29667J101 724 27,769 SH   OTR 34 0 0 27,769
ESQUIRE FINL HLDGS INC COM 29667J101 2,285 87,659 SH   SOLE   0 0 87,659
FAR PT ACQUISITION CORP UNIT 06/01/2025 30734W208 14,674 1,358,705 SH   SOLE   0 0 1,358,705
FB FINL CORP COM 30257x104 44,627 1,127,217 SH   SOLE   0 0 1,127,217
FIFTH THIRD BANCORP COM 316773100 1,798 58,500 SH Put SOLE   0 0 58,500
FIRST BANCORP N C COM 318910106 14,117 353,728 SH   SOLE   0 0 353,728
FIRST BANCSHARES INC MS COM 318916103 954 26,866 SH   OTR 34 0 0 26,866
FIRST BANCSHARES INC MS COM 318916103 21,741 612,070 SH   SOLE   0 0 612,070
FIRST FNDTN INC COM 32026V104 9,709 557,969 SH   SOLE   0 0 557,969
FIRST WESTN FINL INC COM 33751L105 660 40,074 SH   OTR 34 0 0 40,074
HERITAGE COMMERCE CORP COM 426927109 641 50,000 SH   OTR 34 0 0 50,000
HOWARD BANCORP INC COM 442496105 453 26,807 SH   OTR 34 0 0 26,807
HOWARD BANCORP INC COM 442496105 12,582 745,362 SH   SOLE   0 0 745,362
IBERIABANK CORP COM 450828108 2,993 40,000 SH   SOLE   0 0 40,000
INDEPENDENT BK GROUP INC COM 45384b106 1,935 34,900 SH   SOLE   0 0 34,900
INVESTAR HLDG CORP COM 46134L105 4,800 200,000 SH   SOLE   0 0 200,000
ISHARES TR RUSSELL 2000 ETF 464287655 25,845 156,000 SH Put SOLE   0 0 156,000
JPMORGAN CHASE & CO COM 46625h100 3,624 26,000 SH Put SOLE   0 0 26,000
KEYCORP NEW COM 493267108 1,214 60,000 SH   SOLE   0 0 60,000
LIMESTONE BANCORP INC COM 53262L105 483 26,833 SH   OTR 34 0 0 26,833
LIVE OAK BANCSHARES INC COM 53803x105 25,561 1,344,609 SH   SOLE   0 0 1,344,609
LUTHER BURBANK CORP COM 550550107 2,791 242,063 SH   SOLE   0 0 242,063
LUTHER BURBANK CORP COM 550550107 110 9,524 SH   OTR 34 0 0 9,524
MANNING & NAPIER INC CL A 56382q102 1,486 853,878 SH   SOLE   0 0 853,878
OPORTUN FINL CORP COM 68376D104 3,470 145,788 SH   SOLE   0 0 145,788
ORIGIN BANCORP INC COM 68621T102 347 9,179 SH   OTR 34 0 0 9,179
ORIGIN BANCORP INC COM 68621T102 16,601 438,707 SH   SOLE   0 0 438,707
PINNACLE FINL PARTNERS INC COM 72346q104 1,549 24,200 SH   SOLE   0 0 24,200
PNC FINL SVCS GROUP INC COM 693475105 6,225 39,000 SH Put SOLE   0 0 39,000
RED RIVER BANCSHARES INC COM 75686R202 1,141 20,353 SH   OTR 34 0 0 20,353
RELIANT BANCORP INC COM 75956B101 679 30,535 SH   OTR 34 0 0 30,535
RELIANT BANCORP INC COM 75956B101 95 4,278 SH   SOLE   0 0 4,278
SEACOAST BKG CORP FLA COM NEW 811707801 7,509 245,641 SH   SOLE   0 0 245,641
SELECT BANCORP INC NEW COM 81617L108 438 35,580 SH   SOLE   0 0 35,580
SELECT BANCORP INC NEW COM 81617L108 1,015 82,529 SH   OTR 34 0 0 82,529
SELECT SECTOR SPDR TR SBI INT-FINL 81369y605 19,006 617,500 SH Put SOLE   0 0 617,500
SILVERGATE CAP CORP CL A 82837P408 1,410 88,605 SH   SOLE   0 0 88,605
SOUTHERN FIRST BANCSHARES IN COM 842873101 4,249 100,000 SH   SOLE   0 0 100,000
SPDR S&P 500 ETF TR TR UNIT 78462F103 37,658 117,000 SH Put SOLE   0 0 117,000
SPDR SERIES TRUST S&P REGL BKG 78464a698 15,144 260,000 SH Put SOLE   0 0 260,000
SPIRIT OF TEX BANCSHARES INC COM 84861D103 1,605 69,786 SH   OTR 34 0 0 69,786
SPIRIT OF TEX BANCSHARES INC COM 84861D103 13,236 575,480 SH   SOLE   0 0 575,480
STATE STR CORP COM 857477103 1,542 19,500 SH Put SOLE   0 0 19,500
STERLING BANCORP DEL COM 85917a100 1,054 50,000 SH   SOLE   0 0 50,000
SYNCHRONY FINL COM 87165B103 1,404 39,000 SH Put SOLE   0 0 39,000
TCF FINANCIAL CORPORATION NE COM 872307103 11,700 250,000 SH   SOLE   0 0 250,000
TRIUMPH BANCORP INC COM 89679E300 11,979 315,067 SH   SOLE   0 0 315,067
TRUIST FINL CORP COM 89832q109 2,196 39,000 SH Put SOLE   0 0 39,000
UNITED CMNTY BKS BLAIRSVLE G COM 90984p303 2,107 68,241 SH   SOLE   0 0 68,241
US BANCORP DEL COM NEW 902973304 1,542 26,000 SH Put SOLE   0 0 26,000
VERITEX HLDGS INC COM 923451108 533 18,291 SH   OTR 34 0 0 18,291
VERITEX HLDGS INC COM 923451108 44,782 1,537,306 SH   SOLE   0 0 1,537,306
WELLS FARGO CO NEW COM 949746101 2,098 39,000 SH Put SOLE   0 0 39,000