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
AERCAP HOLDINGS NV SHS N00985106 665 15,725 SH   OTR 1,2 0 15,725 0
AERCAP HOLDINGS NV SHS N00985106 174 30,000 SH Call OTR 1,2 0 30,000 0
AMBAC FINL GROUP INC *W EXP 04/30/202 023139116 170 65,300 SH   OTR 1,2 0 65,300 0
AMBAC FINL GROUP INC COM NEW 023139884 845 66,268 SH   OTR 1,2 0 66,268 0
AMERANT BANCORP INC CL A 023576101 241 9,688 SH   OTR 1,2 0 9,688 0
AMERICAN INTL GROUP INC COM NEW 026874784 29 602 SH   OTR 1,2 0 602 0
AMERICAN INTL GROUP INC COM NEW 026874784 563 102,400 SH Call OTR 1,2 0 102,400 0
AMERICAN NATL BANKSHARES INC COM 027745108 331 10,358 SH   OTR 1,2 0 10,358 0
AMERIS BANCORP COM 03076K108 658 14,719 SH   OTR 1,2 0 14,719 0
APPLE INC COM 037833100 473 3,423 SH   OTR 1,2 0 3,423 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 1,970 64,841 SH   OTR 1,2 0 64,841 0
BANC OF CALIFORNIA INC COM 05990K106 831 52,051 SH   OTR 1,2 0 52,051 0
BANK OF THE JAMES FINL GP IN COM 470299108 507 40,130 SH   OTR 1,2 0 40,130 0
BANKUNITED INC COM 06652K103 5,124 149,956 SH   OTR 1,2 0 149,956 0
BAYFIRST FINANCIAL CORP COM 07279B104 912 55,077 SH   OTR 1,2 0 55,077 0
BK OF AMERICA CORP COM 060505104 35,576 1,177,978 SH   OTR 1,2 0 1,177,978 0
BK OF AMERICA CORP COM 060505104 1,678 1,169,100 SH Call OTR 1,2 0 1,169,100 0
BRISTOL-MYERS SQUIBB CO COM 110122108 161 2,263 SH   OTR 1,2 0 2,263 0
BRISTOL-MYERS SQUIBB CO COM 110122108 41 2,000 SH Call OTR 1,2 0 2,000 0
CAPITAL ONE FINL CORP COM 14040H105 617 6,692 SH   OTR 1,2 0 6,692 0
CAPITAL ONE FINL CORP COM 14040H105 50 13,000 SH Call OTR 1,2 0 13,000 0
CB FINL SVCS INC COM 12479G101 796 36,573 SH   OTR 1,2 0 36,573 0
CERUS CORP COM 157085101 1,144 317,467 SH   OTR 1,2 0 317,467 0
CF BANKSHARES INC COM 12520L109 539 26,132 SH   OTR 1,2 0 26,132 0
CITIGROUP INC COM NEW 172967424 2,138 51,314 SH   OTR 1,2 0 51,314 0
CITIGROUP INC COM NEW 172967424 151 95,700 SH Call OTR 1,2 0 95,700 0
CITIZENS FINL GROUP INC COM 174610105 419 12,201 SH   OTR 1,2 0 12,201 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 414 19,920 SH   OTR 1,2 0 19,920 0
CNO FINL GROUP INC COM 12621E103 726 40,390 SH   OTR 1,2 0 40,390 0
CODORUS VY BANCORP INC COM 192025104 558 29,602 SH   OTR 1,2 0 29,602 0
COLONY BANKCORP INC COM 19623P101 296 22,696 SH   OTR 1,2 0 22,696 0
COLUMBIA BKG SYS INC COM 197236102 446 15,432 SH   OTR 1,2 0 15,432 0
COMERICA INC COM 200340107 247 3,473 SH   OTR 1,2 0 3,473 0
COMMUNITY FINL CORP MD COM 20368X101 331 9,657 SH   OTR 1,2 0 9,657 0
CONNECTONE BANCORP INC COM 20786W107 978 42,421 SH   OTR 1,2 0 42,421 0
COREBRIDGE FINL INC COM 21871X109 295 15,000 SH   OTR 1,2 0 15,000 0
DEVON ENERGY CORP NEW COM 25179M103 403 6,700 SH   OTR 1,2 0 6,700 0
DEVON ENERGY CORP NEW COM 25179M103 10 1,600 SH Call OTR 1,2 0 1,600 0
DIME CMNTY BANCSHARES INC COM 25432X102 992 33,881 SH   OTR 1,2 0 33,881 0
ENTERPRISE FINL SVCS CORP COM 293712105 908 20,614 SH   OTR 1,2 0 20,614 0
ESM ACQUISITION CORPORATION *W EXP 02/02/202 G3195H112 2 18,750 SH   OTR 1,2 0 18,750 0
EXXON MOBIL CORP COM 30231G102 506 5,800 SH   OTR 1,2 0 5,800 0
EXXON MOBIL CORP COM 30231G102 7 1,400 SH Call OTR 1,2 0 1,400 0
FB FINL CORP COM 30257X104 3,738 97,839 SH   OTR 1,2 0 97,839 0
FIFTH THIRD BANCORP COM 316773100 2,980 93,251 SH   OTR 1,2 0 93,251 0
FIFTH THIRD BANCORP COM 316773100 358 246,800 SH Call OTR 1,2 0 246,800 0
FIGURE ACQUISITION CORP I *W EXP 03/31/202 302438114 0 12,000 SH   OTR 1,2 0 12,000 0
FIRST BANCORP N C COM 318910106 2,524 68,994 SH   OTR 1,2 0 68,994 0
FIRST BANCSHARES INC MS COM 318916103 358 11,976 SH   OTR 1,2 0 11,976 0
FIRST CMNTY CORP S C COM 319835104 515 29,456 SH   OTR 1,2 0 29,456 0
FIRST GTY BANCSHARES INC COM 32043P106 931 42,537 SH   OTR 1,2 0 42,537 0
GENERAL MTRS CO COM 37045V100 78 50,000 SH Call OTR 1,2 0 50,000 0
HANCOCK WHITNEY CORPORATION COM 410120109 474 10,349 SH   OTR 1,2 0 10,349 0
HANOVER INS GROUP INC COM 410867105 747 5,826 SH   OTR 1,2 0 5,826 0
HOMETRUST BANCSHARES INC COM 437872104 511 23,114 SH   OTR 1,2 0 23,114 0
HUDSON EXECUTIVE INVS CORP I *W EXP 01/31/202 443760111 0 15,000 SH   OTR 1,2 0 15,000 0
HUNTINGTON BANCSHARES INC COM 446150104 283 21,534 SH   OTR 1,2 0 21,534 0
HUNTINGTON BANCSHARES INC COM 446150104 234 245,400 SH Call OTR 1,2 0 245,400 0
IMPAC MTG HLDGS INC COM NEW 45254P508 19 64,127 SH   OTR 1,2 0 64,127 0
INDEPENDENT BK CORP MASS COM 453836108 1,600 21,471 SH   OTR 1,2 0 21,471 0
JPMORGAN CHASE & CO COM 46625H100 905 8,660 SH   OTR 1,2 0 8,660 0
JPMORGAN CHASE & CO COM 46625H100 0 2,800 SH Call OTR 1,2 0 2,800 0
KEYCORP COM 493267108 431 26,886 SH   OTR 1,2 0 26,886 0
KEYCORP COM 493267108 220 131,400 SH Call OTR 1,2 0 131,400 0
KINGSTONE COS INC COM 496719105 271 101,866 SH   OTR 1,2 0 101,866 0
LAKELAND BANCORP INC COM 511637100 2,865 178,953 SH   OTR 1,2 0 178,953 0
LEO HLDGS CORP II *W EXP 01/07/202 G5463R128 0 18,000 SH   OTR 1,2 0 18,000 0
LIMESTONE BANCORP INC COM 53262L105 935 47,643 SH   OTR 1,2 0 47,643 0
MACERICH CO COM 554382101 270 34,000 SH   OTR 1,2 0 34,000 0
MACERICH CO COM 554382101 11 75,000 SH Call OTR 1,2 0 75,000 0
MAINSTREET BANCSHARES INC COM 56064Y100 914 40,062 SH   OTR 1,2 0 40,062 0
METLIFE INC COM 59156R108 647 10,646 SH   OTR 1,2 0 10,646 0
METLIFE INC COM 59156R108 71 10,000 SH Call OTR 1,2 0 10,000 0
MID PENN BANCORP INC COM 59540G107 415 14,437 SH   OTR 1,2 0 14,437 0
MORGAN STANLEY COM NEW 617446448 564 7,140 SH   OTR 1,2 0 7,140 0
MR COOPER GROUP INC COM 62482R107 1,018 25,125 SH   OTR 1,2 0 25,125 0
OFG BANCORP COM 67103X102 254 10,121 SH   OTR 1,2 0 10,121 0
OLD NATL BANCORP IND COM 680033107 165 10,000 SH   OTR 1,2 0 10,000 0
ONCOSEC MED INC COM 68234L306 145 296,282 SH   OTR 1,2 0 296,282 0
OP BANCORP COM 67109R109 357 32,107 SH   OTR 1,2 0 32,107 0
PACIFIC PREMIER BANCORP COM 69478X105 264 8,540 SH   OTR 1,2 0 8,540 0
PAYONEER GLOBAL INC *W EXP 06/25/202 70451X112 12 10,000 SH   OTR 1,2 0 10,000 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 7,185 213,522 SH   OTR 1,2 0 213,522 0
PINNACLE FINL PARTNERS INC COM 72346Q104 3,636 44,829 SH   OTR 1,2 0 44,829 0
PNC FINL SVCS GROUP INC COM 693475105 2,759 18,462 SH   OTR 1,2 0 18,462 0
PNC FINL SVCS GROUP INC COM 693475105 26 1,100 SH Call OTR 1,2 0 1,100 0
POPULAR INC COM NEW 733174700 805 11,173 SH   OTR 1,2 0 11,173 0
PREMIER FINANCIAL CORP COM 74052F108 1,531 59,577 SH   OTR 1,2 0 59,577 0
PRIMIS FINANCIAL CORP COM 74167B109 9,483 781,833 SH   OTR 1,2 0 781,833 0
PROFESSIONAL HLDG CORP CL A COM 743139107 500 19,275 SH   OTR 1,2 0 19,275 0
PROVIDENT FINL SVCS INC COM 74386T105 912 46,787 SH   OTR 1,2 0 46,787 0
QCR HOLDINGS INC COM 74727A104 433 8,502 SH   OTR 1,2 0 8,502 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 1,817 90,521 SH   OTR 1,2 0 90,521 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 119 142,400 SH Call OTR 1,2 0 142,400 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 73 19,669 SH   OTR 1,2 0 19,669 0
SEACOAST BKG CORP FLA COM NEW 811707801 4,557 150,739 SH   OTR 1,2 0 150,739 0
SENIOR CONNECT ACQUISITN COR *W EXP 12/31/202 81723H116 0 22,500 SH   OTR 1,2 0 22,500 0
SHORE BANCSHARES INC COM 825107105 1,277 73,739 SH   OTR 1,2 0 73,739 0
SIMON PROPERTY GRP ACQ HOLDI *W EXP 02/04/202 82880R111 1 12,000 SH   OTR 1,2 0 12,000 0
SMARTFINANCIAL INC COM NEW 83190L208 5,470 221,389 SH   OTR 1,2 0 221,389 0
SOUTHERN FIRST BANCSHARES COM 842873101 236 5,660 SH   OTR 1,2 0 5,660 0
SOUTHSTATE CORPORATION COM 840441109 2,234 28,232 SH   OTR 1,2 0 28,232 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 510 35,162 SH   OTR 1,2 0 35,162 0
SYNOVUS FINL CORP COM NEW 87161C501 10,736 286,192 SH   OTR 1,2 0 286,192 0
TERRITORIAL BANCORP INC COM 88145X108 273 14,751 SH   OTR 1,2 0 14,751 0
THIRD COAST BANCSHARES INC COM 88422P109 390 22,819 SH   OTR 1,2 0 22,819 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 726 27,065 SH   OTR 1,2 0 27,065 0
TRUIST FINL CORP COM 89832Q109 1,726 39,637 SH   OTR 1,2 0 39,637 0
TRUIST FINL CORP COM 89832Q109 23 11,200 SH Call OTR 1,2 0 11,200 0
TZP STRATEGIES ACQUISTN CORP *W EXP 01/06/202 G91595119 2 21,000 SH   OTR 1,2 0 21,000 0
UNITED CMNTY BKS BLAIRSVLE G COM 90984P303 564 17,032 SH   OTR 1,2 0 17,032 0
VIRGINIA NATL BANKSHARES COR COM 928031103 1,616 49,787 SH   OTR 1,2 0 49,787 0
WEBSTER FINL CORP COM 947890109 2,887 63,879 SH   OTR 1,2 0 63,879 0
WELLS FARGO CO NEW COM 949746101 7,491 186,243 SH   OTR 1,2 0 186,243 0
WELLS FARGO CO NEW COM 949746101 2,054 706,000 SH Call OTR 1,2 0 706,000 0
WESBANCO INC COM 950810101 431 12,905 SH   OTR 1,2 0 12,905 0
WSFS FINL CORP COM 929328102 1,067 22,977 SH   OTR 1,2 0 22,977 0