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
AMERICAN EXPRESS CO COM 025816109 4,254 26,000 SH   SOLE   26,000 0 0
AMERICAN NATL BANKSHARES INC COM 027745108 1,734 46,029 SH   SOLE   46,029 0 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 8,682 232,835 SH   SOLE   232,835 0 0
AVIDXCHANGE HOLDINGS INC COM 05368X102 2,711 180,000 SH   SOLE   180,000 0 0
BANKUNITED INC COM 06652K103 10,164 240,229 SH   SOLE   240,229 0 0
BRIGHTSPHERE INVT GROUP INC COM 10948W103 2,560 100,000 SH   SOLE   100,000 0 0
CADENCE BANK COM 12740C103 13,926 467,469 SH   SOLE   467,469 0 0
CBOE GLOBAL MKTS INC COM 12503M108 3,789 29,053 SH   SOLE   29,053 0 0
CME GROUP INC COM 12572Q105 5,369 23,500 SH   SOLE   23,500 0 0
COMERICA INC COM 200340107 13,746 158,000 SH   SOLE   158,000 0 0
CULLEN FROST BANKERS INC COM 229899109 2,914 23,115 SH   SOLE   23,115 0 0
EAGLE BANCORP INC MD COM 268948106 7,918 135,726 SH   SOLE   135,726 0 0
EVO PMTS INC CL A COM 26927E104 10,034 391,934 SH   SOLE   391,934 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103 415 500 SH   SOLE   500 0 0
FIRST HORIZON CORPORATION COM 320517105 2,834 173,520 SH   SOLE   173,520 0 0
GCM GROSVENOR INC COM CL A 36831E108 1,943 185,000 SH   SOLE   185,000 0 0
GLOBAL PMTS INC COM 37940X102 2,424 17,933 SH   SOLE   17,933 0 0
HANCOCK WHITNEY CORPORATION COM 410120109 6,423 128,412 SH   SOLE   128,412 0 0
INDEPENDENT BANK GROUP INC COM 45384B106 2,165 30,000 SH   SOLE   30,000 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 19,232 453,690 SH   SOLE   453,690 0 0
JANUS HENDERSON GROUP PLC ORD SHS G4474Y214 6,456 153,936 SH   SOLE   153,936 0 0
M & T BK CORP COM 55261F104 1,139 7,419 SH   SOLE   7,419 0 0
NORTHERN TR CORP COM 665859104 8,337 69,704 SH   SOLE   69,704 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 2,270 104,115 SH   SOLE   104,115 0 0
SCHWAB CHARLES CORP COM 808513105 3,785 45,000 SH   SOLE   45,000 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 16,968 479,452 SH   SOLE   479,452 0 0
SILVERGATE CAP CORP CL A 82837P408 2,408 16,250 SH   SOLE   16,250 0 0
SYNOVUS FINL CORP COM NEW 87161C501 14,449 301,848 SH   SOLE   301,848 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107 9,640 160,000 SH   SOLE   160,000 0 0
US BANCORP DEL COM NEW 902973304 2,571 45,780 SH   SOLE   45,780 0 0
VICTORY CAP HLDGS INC COM CL A 92645B103 2,901 79,421 SH   SOLE   79,421 0 0
WELLS FARGO CO NEW COM 949746101 15,341 319,734 SH   SOLE   319,734 0 0
WINTRUST FINL CORP COM 97650W108 7,407 81,555 SH   SOLE   81,555 0 0