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 1,682 91,072 SH   SOLE   91,072 0 0
1ST SOURCE CORP COM 336901103 772 16,641 SH   SOLE   16,641 0 0
ALLEGIANCE BANCSHARES INC COM 01748H107 2,772 83,150 SH   SOLE   83,150 0 0
AMERANT BANCORP INC CL A 023576101 319 16,200 SH   SOLE   16,200 0 0
AMERICAN RIVER BANKSHARES COM 029326105 277 22,566 SH   SOLE   22,566 0 0
AMERISERV FINL INC COM 03074A102 2,709 652,707 SH   SOLE   652,707 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 3,469 202,627 SH   SOLE   202,627 0 0
BANCORP NEW JERSEY INC NEW COM 059915108 267 19,243 SH   SOLE   19,243 0 0
BANK COMM HLDGS COM 06424J103 5,289 494,806 SH   SOLE   494,806 0 0
BANKFINANCIAL CORP COM 06643P104 1,663 118,892 SH   SOLE   118,892 0 0
BANK PRINCETON NEW JERSEY COM 064520109 2,306 76,864 SH   SOLE   76,864 0 0
BANKUNITED INC COM 06652K103 13,700 406,045 SH   SOLE   406,045 0 0
BANKWELL FINL GROUP INC COM 06654A103 1,386 48,302 SH   SOLE   48,302 0 0
BANNER CORP COM NEW 06652V208 5,677 104,836 SH   SOLE   104,836 0 0
BCB BANCORP INC COM 055298103 302 21,785 SH   SOLE   21,785 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 221 7,038 SH   SOLE   7,038 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 1,057 68,694 SH   SOLE   68,694 0 0
BYLINE BANCORP INC COM 124411109 612 31,987 SH   SOLE   31,987 0 0
C & F FINL CORP COM 12466Q104 2,363 43,276 SH   SOLE   43,276 0 0
CADENCE BANCORPORATION CL A 12739A100 4,438 213,357 SH   SOLE   213,357 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 3,611 238,351 SH   SOLE   238,351 0 0
CAROLINA TR BANCSHARES INC COM 14422P105 903 114,926 SH   SOLE   114,926 0 0
CB FINL SVCS INC COM 12479G101 748 31,502 SH   SOLE   31,502 0 0
CBM BANCORP INC COM 1248XT104 291 21,083 SH   SOLE   21,083 0 0
CENTRAL FED CORP COM NEW 15346Q202 368 30,555 SH   SOLE   30,555 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 3,074 143,155 SH   SOLE   143,155 0 0
CITIZENS FIRST CORP COM 17462Q107 1,725 67,169 SH   SOLE   67,169 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 6,632 295,415 SH   SOLE   295,415 0 0
CODORUS VY BANCORP INC COM 192025104 1,402 60,976 SH   SOLE   60,976 0 0
COLONY BANKCORP INC COM 19623P101 204 12,037 SH   SOLE   12,037 0 0
COLUMBIA FINL INC COM 197641103 2,819 186,686 SH   SOLE   186,686 0 0
COMMUNITY BANKERS TR CORP COM 203612106 2,156 254,521 SH   SOLE   254,521 0 0
COMMUNITY FINL CORP MD COM 20368X101 4,864 144,198 SH   SOLE   144,198 0 0
COMMUNITY FIRST BANCSHARES I COM 20369M104 312 31,378 SH   SOLE   31,378 0 0
COMMUNITY TR BANCORP INC COM 204149108 314 7,416 SH   SOLE   7,416 0 0
COMMUNITY WEST BANCSHARES COM 204157101 907 93,946 SH   SOLE   93,946 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 3,859 170,295 SH   SOLE   170,295 0 0
COUNTY BANCORP INC COM 221907108 1,614 94,454 SH   SOLE   94,454 0 0
CUSTOMERS BANCORP INC COM 23204G100 14,339 682,808 SH   SOLE   682,808 0 0
DIME CMNTY BANCSHARES COM 253922108 7,178 377,994 SH   SOLE   377,994 0 0
EAGLE BANCORP INC MD COM 268948106 6,046 111,693 SH   SOLE   111,693 0 0
EAGLE BANCORP MONT INC COM 26942G100 1,052 63,400 SH   SOLE   63,400 0 0
ENTEGRA FINL CORP COM 29363J108 3,982 132,191 SH   SOLE   132,191 0 0
ENTERPRISE BANCORP INC MASS COM 293668109 1,535 48,418 SH   SOLE   48,418 0 0
FFBW INC COM 30258M107 578 55,337 SH   SOLE   55,337 0 0
FINANCIAL INSTNS INC COM 317585404 6,218 213,295 SH   SOLE   213,295 0 0
FIRST BANCSHARES INC MS COM 318916103 1,137 37,473 SH   SOLE   37,473 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 3,371 287,168 SH   SOLE   287,168 0 0
FIRST BUSEY CORP COM NEW 319383204 406 15,357 SH   SOLE   15,357 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 3,493 148,631 SH   SOLE   148,631 0 0
FIRST CHOICE BANCORP COM 31948P104 5,187 228,079 SH   SOLE   228,079 0 0
FIRST CMNTY CORP S C COM 319835104 928 50,129 SH   SOLE   50,129 0 0
FIRST FINANCIAL NORTHWEST IN COM 32022K102 2,745 194,012 SH   SOLE   194,012 0 0
FIRST FNDTN INC COM 32026V104 4,472 332,726 SH   SOLE   332,726 0 0
FIRST GTY BANCSHARES INC COM 32043P106 928 44,502 SH   SOLE   44,502 0 0
FIRST HAWAIIAN INC COM 32051X108 924 35,700 SH   SOLE   35,700 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 2,761 79,066 SH   SOLE   79,066 0 0
FIRST MIDWEST BANCORP DEL COM 320867104 551 26,920 SH   SOLE   26,920 0 0
FIRST NORTHWEST BANCORP COM 335834107 2,176 133,936 SH   SOLE   133,936 0 0
FIRST US BANCSHARES INC COM 33744V103 996 107,831 SH   SOLE   107,831 0 0
FIRST WESTN FINL INC COM 33751L105 367 27,651 SH   SOLE   27,651 0 0
FLUSHING FINL CORP COM 343873105 1,808 81,446 SH   SOLE   81,446 0 0
FNB CORP PA COM 302520101 3,588 304,809 SH   SOLE   304,809 0 0
FRANKLIN FINL NETWORK INC COM 35352P104 15,861 569,304 SH   SOLE   569,304 0 0
FS BANCORP INC COM 30263Y104 7,455 143,718 SH   SOLE   143,718 0 0
GLEN BURNIE BANCORP COM 377407101 404 36,700 SH   SOLE   36,700 0 0
GREAT SOUTHN BANCORP INC COM 390905107 2,606 43,540 SH   SOLE   43,540 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 1,366 58,747 SH   SOLE   58,747 0 0
HANMI FINL CORP COM NEW 410495204 1,042 46,773 SH   SOLE   46,773 0 0
HARBORONE BANCORP INC COM 41165F101 214 11,422 SH   SOLE   11,422 0 0
HEARTLAND FINL USA INC COM 42234Q102 747 16,692 SH   SOLE   16,692 0 0
HERITAGE COMMERCE CORP COM 426927109 719 58,671 SH   SOLE   58,671 0 0
HILLTOP HOLDINGS INC COM 432748101 21,639 1,017,339 SH   SOLE   1,017,339 0 0
HMN FINL INC COM 40424G108 614 29,218 SH   SOLE   29,218 0 0
HOME BANCORP INC COM 43689E107 2,296 59,678 SH   SOLE   59,678 0 0
HOMESTREET INC COM 43785V102 11,098 374,431 SH   SOLE   374,431 0 0
HOMETRUST BANCSHARES INC COM 437872104 1,537 61,122 SH   SOLE   61,122 0 0
HOPE BANCORP INC COM 43940T109 9,213 668,582 SH   SOLE   668,582 0 0
HOPFED BANCORP INC COM 439734104 12,605 664,480 SH   SOLE   664,480 0 0
HOWARD BANCORP INC COM 442496105 2,560 168,777 SH   SOLE   168,777 0 0
IBERIABANK CORP COM 450828108 6,748 88,967 SH   SOLE   88,967 0 0
IF BANCORP INC COM 44951J105 211 10,068 SH   SOLE   10,068 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 12,663 335,792 SH   SOLE   335,792 0 0
INVESTORS BANCORP INC NEW COM 46146L101 5,449 488,696 SH   SOLE   488,696 0 0
LAKELAND BANCORP INC COM 511637100 2,299 142,365 SH   SOLE   142,365 0 0
LIMESTONE BANCORP INC COM 53262L105 350 22,959 SH   SOLE   22,959 0 0
MACKINAC FINL CORP COM 554571109 1,535 97,122 SH   SOLE   97,122 0 0
MALVERN BANCORP INC COM 561409103 1,229 55,850 SH   SOLE   55,850 0 0
MBT FINL CORP COM 578877102 824 82,238 SH   SOLE   82,238 0 0
MERCHANTS BANCORP IND COM 58844R108 662 38,857 SH   SOLE   38,857 0 0
MERIDIAN BANCORP INC MD COM 58958U103 1,815 101,438 SH   SOLE   101,438 0 0
MERIDIAN CORPORATION COM 58958P104 1,038 61,420 SH   SOLE   61,420 0 0
METROPOLITAN BK HLDG CORP COM 591774104 2,344 53,281 SH   SOLE   53,281 0 0
MID PENN BANCORP INC COM 59540G107 220 8,814 SH   SOLE   8,814 0 0
MIDWESTONE FINL GROUP INC NE COM 598511103 576 20,615 SH   SOLE   20,615 0 0
NORTHEAST BANCORP COM NEW 663904209 7,866 359,173 SH   SOLE   359,173 0 0
NORTHWEST BANCSHARES INC MD COM 667340103 183 10,400 SH   SOLE   10,400 0 0
OAK VALLEY BANCORP OAKDALE C COM 671807105 648 33,135 SH   SOLE   33,135 0 0
OLD LINE BANCSHARES INC COM 67984M100 981 36,874 SH   SOLE   36,874 0 0
OP BANCORP COM 67109R109 5,561 513,048 SH   SOLE   513,048 0 0
OPUS BK IRVINE CALIF COM 684000102 3,778 178,985 SH   SOLE   178,985 0 0
ORITANI FINL CORP DEL COM 68633D103 6,862 386,790 SH   SOLE   386,790 0 0
ORRSTOWN FINL SVCS INC COM 687380105 1,008 45,852 SH   SOLE   45,852 0 0
PACIFIC CITY FINANCIAL CORP COM NEW 69406T408 3,280 192,485 SH   SOLE   192,485 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 2,410 292,136 SH   SOLE   292,136 0 0
PACIFIC PREMIER BANCORP COM 69478X105 948 31 SH   SOLE   31 0 0
PACWEST BANCORP DEL COM 695263103 10,315 265,650 SH   SOLE   265,650 0 0
PARKE BANCORP INC COM 700885106 5,812 242,660 SH   SOLE   242,660 0 0
PB BANCORP INC COM 70454T100 299 25,199 SH   SOLE   25,199 0 0
PDL CMNTY BANCORP COM 69290X101 174 12,189 SH   SOLE   12,189 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 1,398 49,725 SH   SOLE   49,725 0 0
PLUMAS BANCORP COM 729273102 1,138 46,817 SH   SOLE   46,817 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404 661 13,988 SH   SOLE   13,988 0 0
PREMIER FINL BANCORP INC COM 74050M105 1,920 127,984 SH   SOLE   127,984 0 0
PROVIDENT BANCORP INC COM 74383X109 343 12,271 SH   SOLE   12,271 0 0
QCR HOLDINGS INC COM 74727A104 848 24,324 SH   SOLE   24,324 0 0
RANDOLPH BANCORP INC COM 752378109 258 17,111 SH   SOLE   17,111 0 0
RBB BANCORP COM 74930B105 5,576 288,321 SH   SOLE   288,321 0 0
REPUBLIC FIRST BANCORP INC COM 760416107 398 81,141 SH   SOLE   81,141 0 0
RIVERVIEW BANCORP INC COM 769397100 150 17,518 SH   SOLE   17,518 0 0
RIVERVIEW FINL CORP NEW COM 76940Q105 295 28,081 SH   SOLE   28,081 0 0
SB FINL GROUP INC COM 78408D105 1,328 80,656 SH   SOLE   80,656 0 0
SELECT BANCORP INC NEW COM 81617L108 2,706 236,511 SH   SOLE   236,511 0 0
SHORE BANCSHARES INC COM 825107105 1,649 100,914 SH   SOLE   100,914 0 0
SIERRA BANCORP COM 82620P102 2,258 83,269 SH   SOLE   83,269 0 0
SIMMONS 1ST NATL CORP CL A $1 PAR 828730200 1,682 72,302 SH   SOLE   72,302 0 0
SMARTFINANCIAL INC COM NEW 83190L208 3,114 143,557 SH   SOLE   143,557 0 0
SOUND FINL BANCORP INC COM 83607A100 1,346 39,405 SH   SOLE   39,405 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107 350 21,199 SH   SOLE   21,199 0 0
SOUTHERN NATL BANCORP OF VA COM 843395104 2,602 169,957 SH   SOLE   169,957 0 0
STERLING BANCORP DEL COM 85917A100 257 12,067 SH   SOLE   12,067 0 0
STEWARDSHIP FINL CORP COM 860326107 921 59,558 SH   SOLE   59,558 0 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 1,489 135,389 SH   SOLE   135,389 0 0
TCF FINL CORP COM 872275102 5,019 241,400 SH   SOLE   241,400 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 16,470 268,371 SH   SOLE   268,371 0 0
TIMBERLAND BANCORP INC COM 887098101 2,238 74,908 SH   SOLE   74,908 0 0
TRICO BANCSHARES COM 896095106 1,801 47,639 SH   SOLE   47,639 0 0
TRUSTCO BK CORP N Y COM 898349105 2,194 276,964 SH   SOLE   276,964 0 0
TWO RIV BANCORP COM 90207C105 359 24,981 SH   SOLE   24,981 0 0
UNITED BANCSHARES INC OHIO COM 909458101 300 14,873 SH   SOLE   14,873 0 0
UNITED SECURITY BANCSHARES C COM 911460103 355 31,149 SH   SOLE   31,149 0 0
UNITY BANCORP INC COM 913290102 342 15,071 SH   SOLE   15,071 0 0
WATERSTONE FINL INC MD COM 94188P101 5,398 316,423 SH   SOLE   316,423 0 0
WESBANCO INC COM 950810101 728 18,878 SH   SOLE   18,878 0 0
WESTERN NEW ENG BANCORP INC COM 958892101 250 26,739 SH   SOLE   26,739 0 0
WINTRUST FINL CORP COM 97650W108 4,740 64,792 SH   SOLE   64,792 0 0
WVS FINL CORP COM 929358109 488 27,893 SH   SOLE   27,893 0 0