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 1,638 92,163 SH   SOLE   92,163 0 0
1ST SOURCE CORP COM 336901103 294 6,548 SH   SOLE   6,548 0 0
ALLEGIANCE BANCSHARES INC COM 01748H107 307 9,114 SH   SOLE   9,114 0 0
AMERICAN RIVER BANKSHARES COM 029326105 282 21,664 SH   SOLE   21,664 0 0
AMERISERV FINL INC COM 03074A102 2,603 647,507 SH   SOLE   647,507 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 3,538 198,427 SH   SOLE   198,427 0 0
BANCORP NEW JERSEY INC NEW COM 059915108 257 19,243 SH   SOLE   19,243 0 0
BANK COMM HLDGS COM 06424J103 5,227 495,406 SH   SOLE   495,406 0 0
BANKFINANCIAL CORP COM 06643P104 764 51,387 SH   SOLE   51,387 0 0
BANK PRINCETON NEW JERSEY COM 064520109 2,172 68,441 SH   SOLE   68,441 0 0
BANKUNITED INC COM 06652K103 15,581 466,493 SH   SOLE   466,493 0 0
BANKWELL FINL GROUP INC COM 06654A103 1,275 43,699 SH   SOLE   43,699 0 0
BANNER CORP COM NEW 06652V208 5,663 104,536 SH   SOLE   104,536 0 0
BCB BANCORP INC COM 055298103 174 12,983 SH   SOLE   12,983 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 1,534 106,544 SH   SOLE   106,544 0 0
BYLINE BANCORP INC COM 124411109 580 31,387 SH   SOLE   31,387 0 0
C & F FINL CORP COM 12466Q104 2,190 43,276 SH   SOLE   43,276 0 0
CADENCE BANCORPORATION CL A 12739A100 5,692 306,857 SH   SOLE   306,857 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 2,682 185,709 SH   SOLE   185,709 0 0
CAROLINA TR BANCSHARES INC COM 14422P105 943 114,968 SH   SOLE   114,968 0 0
CB FINL SVCS INC COM 12479G101 748 31,502 SH   SOLE   31,502 0 0
CBM BANCORP INC COM 1248XT104 273 21,083 SH   SOLE   21,083 0 0
CENTRAL FED CORP COM NEW 15346Q202 396 30,855 SH   SOLE   30,855 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 2,805 143,455 SH   SOLE   143,455 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 6,777 310,422 SH   SOLE   310,422 0 0
CODORUS VY BANCORP INC COM 192025104 1,300 60,905 SH   SOLE   60,905 0 0
COLONY BANKCORP INC COM 19623P101 195 11,388 SH   SOLE   11,388 0 0
COLUMBIA FINL INC COM 197641103 814 51,936 SH   SOLE   51,936 0 0
COMMUNITY BANKERS TR CORP COM 203612106 1,883 257,295 SH   SOLE   257,295 0 0
COMMUNITY FINL CORP MD COM 20368X101 4,127 145,467 SH   SOLE   145,467 0 0
COMMUNITY TR BANCORP INC COM 204149108 305 7,416 SH   SOLE   7,416 0 0
COMMUNITY WEST BANCSHARES COM 204157101 953 93,597 SH   SOLE   93,597 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 3,355 170,295 SH   SOLE   170,295 0 0
COUNTY BANCORP INC COM 221907108 1,662 94,454 SH   SOLE   94,454 0 0
CUSTOMERS BANCORP INC COM 23204G100 12,488 682,008 SH   SOLE   682,008 0 0
DIME CMNTY BANCSHARES COM 253922108 7,739 413,178 SH   SOLE   413,178 0 0
EAGLE BANCORP INC MD COM 268948106 8,132 162,001 SH   SOLE   162,001 0 0
EAGLE BANCORP MONT INC COM 26942G100 1,064 62,789 SH   SOLE   62,789 0 0
ENTEGRA FINL CORP COM 29363J108 1,021 45,493 SH   SOLE   45,493 0 0
ENTERPRISE BANCORP INC MASS COM 293668109 1,291 44,950 SH   SOLE   44,950 0 0
FFBW INC COM 30258M107 557 51,833 SH   SOLE   51,833 0 0
FINANCIAL INSTNS INC COM 317585404 5,650 207,867 SH   SOLE   207,867 0 0
FIRST BANCSHARES INC MS COM 318916103 3,127 101,206 SH   SOLE   101,206 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 3,311 287,168 SH   SOLE   287,168 0 0
FIRST BUSEY CORP COM NEW 319383204 323 13,257 SH   SOLE   13,257 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 2,976 148,631 SH   SOLE   148,631 0 0
FIRST CHOICE BANCORP COM 31948P104 4,852 225,676 SH   SOLE   225,676 0 0
FIRST FINANCIAL NORTHWEST IN COM 32022K102 3,042 193,124 SH   SOLE   193,124 0 0
FIRST FNDTN INC COM 32026V104 3,366 248,055 SH   SOLE   248,055 0 0
FIRST GTY BANCSHARES INC COM 32043P106 912 44,484 SH   SOLE   44,484 0 0
FIRST HAWAIIAN INC COM 32051X108 331 12,700 SH   SOLE   12,700 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 2,867 86,039 SH   SOLE   86,039 0 0
FIRST NORTHWEST BANCORP COM 335834107 2,085 133,936 SH   SOLE   133,936 0 0
FIRST US BANCSHARES INC COM 33744V103 1,078 107,831 SH   SOLE   107,831 0 0
FLUSHING FINL CORP COM 343873105 1,806 82,346 SH   SOLE   82,346 0 0
FNB CORP PA COM 302520101 2,516 237,338 SH   SOLE   237,338 0 0
FRANKLIN FINL NETWORK INC COM 35352P104 15,348 529,072 SH   SOLE   529,072 0 0
FS BANCORP INC COM 30263Y104 7,309 144,792 SH   SOLE   144,792 0 0
GLEN BURNIE BANCORP COM 377407101 389 36,634 SH   SOLE   36,634 0 0
GREAT SOUTHN BANCORP INC COM 390905107 2,447 47,141 SH   SOLE   47,141 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 1,462 65,162 SH   SOLE   65,162 0 0
HAMILTON BANCORP INC MD COM 407015106 3,496 234,650 SH   SOLE   234,650 0 0
HANMI FINL CORP COM NEW 410495204 995 46,773 SH   SOLE   46,773 0 0
HARBORONE BANCORP INC COM 41165F101 196 11,422 SH   SOLE   11,422 0 0
HEARTLAND FINL USA INC COM 42234Q102 258 6,055 SH   SOLE   6,055 0 0
HERITAGE COMMERCE CORP COM 426927109 1,487 122,869 SH   SOLE   122,869 0 0
HERITAGE FINL CORP WASH COM 42722X106 1,264 41,947 SH   SOLE   41,947 0 0
HILLTOP HOLDINGS INC COM 432748101 18,566 1,017,339 SH   SOLE   1,017,339 0 0
HMN FINL INC COM 40424G108 638 29,643 SH   SOLE   29,643 0 0
HOME BANCORP INC COM 43689E107 1,878 56,472 SH   SOLE   56,472 0 0
HOMESTREET INC COM 43785V102 10,198 387,009 SH   SOLE   387,009 0 0
HOMETOWN BANKSHARES CORP COM 43787N108 495 34,576 SH   SOLE   34,576 0 0
HOMETRUST BANCSHARES INC COM 437872104 1,200 47,636 SH   SOLE   47,636 0 0
HOPE BANCORP INC COM 43940T109 8,510 650,634 SH   SOLE   650,634 0 0
HOPFED BANCORP INC COM 439734104 12,239 621,280 SH   SOLE   621,280 0 0
HOWARD BANCORP INC COM 442496105 2,582 174,353 SH   SOLE   174,353 0 0
IBERIABANK CORP COM 450828108 7,262 101,267 SH   SOLE   101,267 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 12,816 336,992 SH   SOLE   336,992 0 0
INVESTORS BANCORP INC NEW COM 46146L101 5,319 448,896 SH   SOLE   448,896 0 0
LAKELAND BANCORP INC COM 511637100 2,085 139,665 SH   SOLE   139,665 0 0
LIMESTONE BANCORP INC COM 53262L105 227 15,185 SH   SOLE   15,185 0 0
MACKINAC FINL CORP COM 554571109 1,529 97,162 SH   SOLE   97,162 0 0
MALVERN BANCORP INC COM 561409103 1,133 56,288 SH   SOLE   56,288 0 0
MBT FINL CORP COM 578877102 586 58,438 SH   SOLE   58,438 0 0
MERCANTIL BK HLDG CORP CL A NEW 58734F305 226 16,200 SH   SOLE   16,200 0 0
MERCHANTS BANCORP IND COM 58844R108 488 22,693 SH   SOLE   22,693 0 0
MERIDIAN BANCORP INC MD COM 58958U103 1,510 96,238 SH   SOLE   96,238 0 0
MERIDIAN CORPORATION COM 58958P104 1,097 60,820 SH   SOLE   60,820 0 0
METROPOLITAN BK HLDG CORP COM 591774104 1,996 57,383 SH   SOLE   57,383 0 0
MID PENN BANCORP INC COM 59540G107 204 8,313 SH   SOLE   8,313 0 0
MIDWESTONE FINL GROUP INC NE COM 598511103 472 17,314 SH   SOLE   17,314 0 0
NORTHEAST BANCORP COM NEW 663904209 7,558 365,496 SH   SOLE   365,496 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 598 33,903 SH   SOLE   33,903 0 0
OP BANCORP COM 67109R109 4,480 511,948 SH   SOLE   511,948 0 0
OPUS BK IRVINE CALIF COM 684000102 3,544 178,985 SH   SOLE   178,985 0 0
ORITANI FINL CORP DEL COM 68633D103 8,033 483,072 SH   SOLE   483,072 0 0
PACIFIC CITY FINANCIAL CORP COM NEW 69406T408 3,359 192,485 SH   SOLE   192,485 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 2,168 284,479 SH   SOLE   284,479 0 0
PACIFIC PREMIER BANCORP COM 69478X105 1,001 37,720 SH   SOLE   37,720 0 0
PACWEST BANCORP DEL COM 695263103 10,131 269,370 SH   SOLE   269,370 0 0
PARKE BANCORP INC COM 700885106 5,335 255,397 SH   SOLE   255,397 0 0
PB BANCORP INC COM 70454T100 277 24,177 SH   SOLE   24,177 0 0
PDL CMNTY BANCORP COM 69290X101 170 12,189 SH   SOLE   12,189 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 1,201 45,809 SH   SOLE   45,809 0 0
PLUMAS BANCORP COM 729273102 1,171 51,395 SH   SOLE   51,395 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404 3,171 70,521 SH   SOLE   70,521 0 0
PREMIER FINL BANCORP INC COM 74050M105 1,914 121,854 SH   SOLE   121,854 0 0
PROVIDENT BANCORP INC COM 74383X109 260 11,459 SH   SOLE   11,459 0 0
QCR HOLDINGS INC COM 74727A104 757 22,303 SH   SOLE   22,303 0 0
RANDOLPH BANCORP INC COM 752378109 259 17,111 SH   SOLE   17,111 0 0
RBB BANCORP COM 74930B105 5,420 288,321 SH   SOLE   288,321 0 0
RIVERVIEW BANCORP INC COM 769397100 164 22,408 SH   SOLE   22,408 0 0
RIVERVIEW FINL CORP NEW COM 76940Q105 321 27,953 SH   SOLE   27,953 0 0
SB FINL GROUP INC COM 78408D105 1,453 80,656 SH   SOLE   80,656 0 0
SELECT BANCORP INC NEW COM 81617L108 3,278 288,311 SH   SOLE   288,311 0 0
SEVERN BANCORP ANNAPOLIS MD COM 81811M100 394 41,557 SH   SOLE   41,557 0 0
SHORE BANCSHARES INC COM 825107105 1,505 100,914 SH   SOLE   100,914 0 0
SIERRA BANCORP COM 82620P102 2,002 82,369 SH   SOLE   82,369 0 0
SI FINL GROUP INC MD COM 78425V104 4,453 344,900 SH   SOLE   344,900 0 0
SMARTFINANCIAL INC COM NEW 83190L208 2,947 155,832 SH   SOLE   155,832 0 0
SOUND FINL BANCORP INC COM 83607A100 1,338 39,405 SH   SOLE   39,405 0 0
SOUTHERN NATL BANCORP OF VA COM 843395104 2,268 154,845 SH   SOLE   154,845 0 0
STERLING BANCORP DEL COM 85917A100 373 20,017 SH   SOLE   20,017 0 0
STEWARDSHIP FINL CORP COM 860326107 551 59,558 SH   SOLE   59,558 0 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 1,359 117,332 SH   SOLE   117,332 0 0
TCF FINL CORP COM 872275102 1,556 75,200 SH   SOLE   75,200 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 14,323 262,371 SH   SOLE   262,371 0 0
TIMBERLAND BANCORP INC COM 887098101 2,152 76,904 SH   SOLE   76,904 0 0
TRICO BANCSHARES COM 896095106 2,271 57,803 SH   SOLE   57,803 0 0
TRUSTCO BK CORP N Y COM 898349105 1,589 204,778 SH   SOLE   204,778 0 0
TWO RIV BANCORP COM 90207C105 333 21,040 SH   SOLE   21,040 0 0
UNITED BANCSHARES INC OHIO COM 909458101 345 14,928 SH   SOLE   14,928 0 0
UNITED SECURITY BANCSHARES C COM 911460103 1,286 121,309 SH   SOLE   121,309 0 0
UNITY BANCORP INC COM 913290102 279 14,765 SH   SOLE   14,765 0 0
VERITEX HLDGS INC COM 923451108 3,632 149,960 SH   SOLE   149,960 0 0
WATERSTONE FINL INC MD COM 94188P101 5,443 330,675 SH   SOLE   330,675 0 0
WINTRUST FINL CORP COM 97650W108 4,928 73,192 SH   SOLE   73,192 0 0
WVS FINL CORP COM 929358109 481 27,893 SH   SOLE   27,893 0 0