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 3,086 149,143 SH   SOLE   149,143 0 0
1ST SOURCE CORP COM 336901103 2,439 52,500 SH   SOLE   52,500 0 0
AMERICAN RIV BANKSHARES COM 029326105 1,706 94,900 SH   SOLE   94,900 0 0
AMERIPRISE FINL INC COM 03076C106 1,244 5,000 SH   SOLE   5,000 0 0
AMERIS BANCORP COM 03076K108 10,002 197,545 SH   SOLE   197,545 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101 7,790 122,500 SH   SOLE   122,500 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 1 20 SH   SOLE   20 0 0
BANC OF CALIFORNIA INC COM 05990K106 4,999 285,000 SH   SOLE   285,000 0 0
BANK OF THE JAMES FINL GP IN COM 470299108 2,084 130,240 SH   SOLE   130,240 0 0
BLACKROCK INC COM 09247X101 6,125 7,000 SH   SOLE   7,000 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105 4,730 270,000 SH   SOLE   270,000 0 0
BRIDGEWATER BANCSHARES INC COM ACCD INV 108621103 2,907 180,000 SH   SOLE   180,000 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 14,178 605,110 SH   SOLE   605,110 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 3,964 265,130 SH   SOLE   265,130 0 0
BYLINE BANCORP INC COM 124411109 1,471 65,000 SH   SOLE   65,000 0 0
Bancorp 34, Inc. Not 13F Security 05970V106 115 9,474 SH   SOLE   9,474 0 0
CAMBRIDGE BANCORP COM 132152109 7,854 94,636 SH   SOLE   94,636 0 0
CAPITAL BANCORP INC MD COM 139737100 2,761 135,000 SH   SOLE   135,000 0 0
CARLYLE GROUP INC COM 14316J108 4,880 105,000 SH   SOLE   105,000 0 0
CARTER BANKSHARES INC COM NEW 146103106 751 60,000 SH   SOLE   60,000 0 0
CITIGROUP INC COM NEW 172967424 17,337 245,040 SH   SOLE   245,040 0 0
CITIZENS & NORTHN CORP COM 172922106 1,200 48,989 SH   SOLE   48,989 0 0
CITIZENS FINL GROUP INC COM 174610105 2,752 60,005 SH   SOLE   60,005 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 8,730 395,000 SH   SOLE   395,000 0 0
CNB FINL CORP PA COM 126128107 2,967 130,000 SH   SOLE   130,000 0 0
COASTAL FINL CORP WA COM NEW 19046P209 1,582 55,400 SH   SOLE   55,400 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 380 1,500 SH   SOLE   1,500 0 0
COMMUNITY BANKERS TR CORP COM 203612106 1,291 113,834 SH   SOLE   113,834 0 0
CULLEN FROST BANKERS INC COM 229899109 1 10 SH   SOLE   10 0 0
Citizens Financial Services, Inc. Not 13F Security 174615104 1,663 26,609 SH   SOLE   26,609 0 0
Communities First Financial Corporation Not 13F Security 20344D104 3,277 76,900 SH   SOLE   76,900 0 0
DIME CMNTY BANCSHARES INC COM 25432X102 3,204 95,300 SH   SOLE   95,300 0 0
EAGLE BANCORP MONT INC COM 26942G100 3,910 170,017 SH   SOLE   170,017 0 0
ENTERPRISE BANCORP INC MASS COM 293668109 1,170 35,730 SH   SOLE   35,730 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 2,784 60,015 SH   SOLE   60,015 0 0
ESQUIRE FINL HLDGS INC COM 29667J101 2,585 109,086 SH   SOLE   109,086 0 0
ESSA BANCORP INC COM 29667D104 8,113 495,000 SH   SOLE   495,000 0 0
EVERCORE INC CLASS A 29977A105 704 5,000 SH   SOLE   5,000 0 0
Equitable Financial Corp. Not 13F Security 29448T105 3,306 258,667 SH   SOLE   258,667 0 0
Eureka Homestead Bancorp, Inc. Not 13F Security 298544107 1,313 100,000 SH   SOLE   100,000 0 0
FARMERS NATIONAL BANC CORP COM 309627107 6,627 427,259 SH   SOLE   427,259 0 0
FFBW INC MD COM 30260M103 4,173 366,062 SH   SOLE   366,062 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 2,196 15,504 SH   SOLE   15,504 0 0
FIFTH THIRD BANCORP COM 316773100 7,360 192,530 SH   SOLE   192,530 0 0
FIRST BANCSHARES INC MS COM 318916103 4,117 110,000 SH   SOLE   110,000 0 0
FIRST CMNTY CORP S C COM 319835104 1,993 98,656 SH   SOLE   98,656 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103 1,458 1,751 SH   SOLE   1,751 0 0
FIRST HORIZON CORPORATION COM 320517105 2,507 145,085 SH   SOLE   145,085 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 7,292 180,000 SH   SOLE   180,000 0 0
FISERV INC COM 337738108 535 5,004 SH   SOLE   5,004 0 0
FIVE POINT HOLDINGS LLC COM CL A 33833Q106 3,111 385,000 SH   SOLE   385,000 0 0
FIVE STAR BANCORP COM 33830T103 4,287 177,500 SH   SOLE   177,500 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 1,890 44,710 SH   SOLE   44,710 0 0
FLUSHING FINL CORP COM 343873105 1,072 50,000 SH   SOLE   50,000 0 0
FNCB BANCORP INC COM 302578109 218 30,000 SH   SOLE   30,000 0 0
FORESTAR GROUP INC COM 346232101 6,931 331,473 SH   SOLE   331,473 0 0
FUSION ACQUISITION CORP *W EXP 06/01/202 36118H113 189 135,000 SH   SOLE   135,000 0 0
FVCBANKCORP INC COM 36120Q101 423 24,500 SH   SOLE   24,500 0 0
First IC Corporation Not 13F Security 32058J102 574 83,853 SH   SOLE   83,853 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 9,492 25,009 SH   SOLE   25,009 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 6,239 435,090 SH   SOLE   435,090 0 0
HERITAGE COMM CORP COM 426927109 3,283 295,010 SH   SOLE   295,010 0 0
HOME BANCORP INC COM 43689E107 3,678 96,500 SH   SOLE   96,500 0 0
HOME BANCSHARES INC COM 436893200 5,555 225,090 SH   SOLE   225,090 0 0
HOMETRUST BANCSHARES INC COM 437872104 11,999 430,060 SH   SOLE   430,060 0 0
HOPE BANCORP INC COM 43940T109 496 35,000 SH   SOLE   35,000 0 0
HORIZON BANCORP INC COM 440407104 7,813 448,275 SH   SOLE   448,275 0 0
HOWARD BANCORP INC COM 442496105 1,126 69,800 SH   SOLE   69,800 0 0
Heritage Nola Bancorp, Inc. Not 13F Security 42727P108 1,262 89,180 SH   SOLE   89,180 0 0
IF BANCORP INC COM 44951J105 6,455 283,100 SH   SOLE   283,100 0 0
INDEPENDENT BK CORP MICH COM NEW 453838609 6,494 299,135 SH   SOLE   299,135 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 9,019 210,035 SH   SOLE   210,035 0 0
INVESCO LTD SHS G491BT108 4,544 170,000 SH   SOLE   170,000 0 0
INVESTAR HLDG CORP COM 46134L105 11,203 489,431 SH   SOLE   489,431 0 0
KEYCORP COM 493267108 4,234 205,042 SH   SOLE   205,042 0 0
KKR & CO INC COM 48251W104 10,367 175,000 SH   SOLE   175,000 0 0
LAKELAND BANCORP INC COM 511637100 16,007 915,736 SH   SOLE   915,736 0 0
LENNAR CORP CL B 526057302 17,801 218,554 SH   SOLE   218,554 0 0
LUTHER BURBANK CORP COM 550550107 7,721 651,034 SH   SOLE   651,034 0 0
M & T BK CORP COM 55261F104 7,993 55,004 SH   SOLE   55,004 0 0
MALVERN BANCORP INC COM 561409103 1,744 94,532 SH   SOLE   94,532 0 0
MASTERCARD INCORPORATED CL A 57636Q104 365 1,001 SH   SOLE   1,001 0 0
MERCHANTS BANCORP IND COM 58844R108 3,926 100,045 SH   SOLE   100,045 0 0
METROPOLITAN BK HLDG CORP COM 591774104 602 10,000 SH   SOLE   10,000 0 0
MID PENN BANCORP INC COM 59540G107 1,098 40,000 SH   SOLE   40,000 0 0
MID-SOUTHERN BANCORP INC COM 59548Q107 1,988 125,000 SH   SOLE   125,000 0 0
MIDLAND STS BANCORP INC ILL COM 597742105 657 25,000 SH   SOLE   25,000 0 0
MORGAN STANLEY COM NEW 617446448 14,901 162,515 SH   SOLE   162,515 0 0
NATIONAL BK HLDGS CORP CL A 633707104 4,530 120,035 SH   SOLE   120,035 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,378 125,010 SH   SOLE   125,010 0 0
NICOLET BANKSHARES INC COM 65406E102 4,372 62,157 SH   SOLE   62,157 0 0
OP BANCORP COM 67109R109 1,710 170,000 SH   SOLE   170,000 0 0
ORRSTOWN FINL SVCS INC COM 687380105 5,284 229,039 SH   SOLE   229,039 0 0
Ottawa Bancorp Inc. Not 13F Security 689195105 3,053 206,973 SH   SOLE   206,973 0 0
PACWEST BANCORP DEL COM 695263103 11,937 290,010 SH   SOLE   290,010 0 0
PAYPAL HLDGS INC COM 70450Y103 7,580 26,005 SH   SOLE   26,005 0 0
PCB BANCORP COM 69320M109 1,771 110,000 SH   SOLE   110,000 0 0
PEOPLES BANCORP N C INC COM 710577107 1,161 45,000 SH   SOLE   45,000 0 0
PEOPLES FINL SVCS CORP COM 711040105 1,507 35,377 SH   SOLE   35,377 0 0
PERELLA WEINBERG PARTNERS *W EXP 12/31/202 71367G110 1,389 499,720 SH   SOLE   499,720 0 0
PERELLA WEINBERG PARTNERS CLASS A COM 71367G102 7,314 568,727 SH   SOLE   568,727 0 0
PIPER SANDLER COMPANIES COM 724078100 2,591 20,000 SH   SOLE   20,000 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404 7,586 119,898 SH   SOLE   119,898 0 0
PREMIER FINANCIAL CORP COM 74052F108 9,521 335,130 SH   SOLE   335,130 0 0
PRIMIS FINANCIAL CORP COM 74167B109 5,396 353,600 SH   SOLE   353,600 0 0
PROVIDENT BANCORP INC COM NEW 74383L105 4,159 255,000 SH   SOLE   255,000 0 0
PROVIDENT FINL HLDGS INC COM 743868101 3,324 192,500 SH   SOLE   192,500 0 0
PRUDENTIAL BANCORP INC NEW COM 74431A101 1,855 133,900 SH   SOLE   133,900 0 0
PSB Holdings, Inc. Not 13F Security 69360N108 2,076 79,100 SH   SOLE   79,100 0 0
QCR HOLDINGS INC COM 74727A104 17,797 370,070 SH   SOLE   370,070 0 0
QNB Corporation Not 13F Security 74726N107 6,120 170,000 SH   SOLE   170,000 0 0
Quaint Oak Bancorp, Inc. Not 13F Security 74732T106 730 40,000 SH   SOLE   40,000 0 0
RAYMOND JAMES FINL INC COM 754730109 2,598 20,000 SH   SOLE   20,000 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 2,726 135,075 SH   SOLE   135,075 0 0
RHINEBECK BANCORP INC COM 762093102 1,198 109,411 SH   SOLE   109,411 0 0
SANDY SPRING BANCORP INC COM 800363103 2,870 65,040 SH   SOLE   65,040 0 0
SHORE BANCSHARES INC COM 825107105 1,424 85,000 SH   SOLE   85,000 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 10,246 41,710 SH   SOLE   41,710 0 0
SOUND FINL BANCORP INC COM 83607A100 1,150 25,000 SH   SOLE   25,000 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107 4,626 200,000 SH   SOLE   200,000 0 0
SOUTH ST CORP COM 840441109 4,005 48,987 SH   SOLE   48,987 0 0
SQUARE INC CL A 852234103 4,876 20,000 SH   SOLE   20,000 0 0
STERLING BANCORP DEL COM 85917A100 4,960 200,075 SH   SOLE   200,075 0 0
STIFEL FINL CORP COM 860630102 1,488 22,940 SH   SOLE   22,940 0 0
SVB FINANCIAL GROUP COM 78486Q101 1,669 3,000 SH   SOLE   3,000 0 0
SYNOVUS FINL CORP COM NEW 87161C501 1,316 30,000 SH   SOLE   30,000 0 0
Sugar Creek Financial Corporation Not 13F Security 86481Y102 831 72,800 SH   SOLE   72,800 0 0
TERRITORIAL BANCORP INC COM 88145X108 2,535 97,600 SH   SOLE   97,600 0 0
TFS FINL CORP COM 87240R107 2,743 135,140 SH   SOLE   135,140 0 0
TRICO BANCSHARES COM 896095106 852 20,000 SH   SOLE   20,000 0 0
TRIUMPH BANCORP INC COM 89679E300 6,311 85,000 SH   SOLE   85,000 0 0
TRUSTCO BK CORP N Y COM NEW 898349204 1 29 SH   SOLE   29 0 0
UMPQUA HLDGS CORP COM 904214103 8,490 460,170 SH   SOLE   460,170 0 0
US BANCORP DEL COM NEW 902973304 14,818 260,095 SH   SOLE   260,095 0 0
VALLEY NATL BANCORP COM 919794107 8,262 615,185 SH   SOLE   615,185 0 0
WEBSTER FINL CORP CONN COM 947890109 1,867 35,000 SH   SOLE   35,000 0 0
WELLS FARGO CO NEW COM 949746101 7,023 155,065 SH   SOLE   155,065 0 0
WESTERN ALLIANCE BANCORP COM 957638109 3,250 35,000 SH   SOLE   35,000 0 0
WILLIAM PENN BANCORPORATION COM 96927A105 2,321 195,000 SH   SOLE   195,000 0 0
WILLIS LEASE FIN CORP COM 970646105 561 13,083 SH   SOLE   13,083 0 0
WINTRUST FINL CORP COM 97650W108 7,563 100,000 SH   SOLE   100,000 0 0
White River Bancshares Company Not 13F Security 96445A108 5,304 68,000 SH   SOLE   68,000 0 0
ZIONS BANCORPORATION N A COM 989701107 11,236 212,555 SH   SOLE   212,555 0 0