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 2,224 118,624 SH   OTR 1 2 0 118,624 0
ALCENTRA CAP CORP COM 01374T102 1,177 132,374 SH   OTR 1 2 0 132,374 0
ALLSTATE CORP COM 020002101 797 7,338 SH   OTR 1 2 0 7,338 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 1,344 94,227 SH   OTR 1 2 0 94,227 0
AMERICAN INTL GROUP INC COM NEW 026874784 256 4,602 SH   OTR 1 2 0 4,602 0
AMERICAN INTL GROUP INC COM NEW 026874784 62 5,100 SH Call OTR 1 2 0 5,100 0
AMERICAN NATL BANKSHARES INC COM 027745108 367 10,358 SH   OTR 1 2 0 10,358 0
AMERIS BANCORP COM 03076K108 1,383 34,359 SH   OTR 1 2 0 34,359 0
APPLE INC COM 037833100 341 1,522 SH   OTR 1 2 0 1,522 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 230 3,273 SH   OTR 1 2 0 3,273 0
AT&T INC COM 00206R102 651 17,200 SH   OTR 1 2 0 17,200 0
AT&T INC COM 00206R102 30 10,000 SH Call OTR 1 2 0 10,000 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 1,746 46,882 SH   OTR 1 2 0 46,882 0
BANC OF CALIFORNIA INC COM 05990K106 1,748 123,576 SH   OTR 1 2 0 123,576 0
BANK AMER CORP COM 060505104 320 500,000 SH Put OTR 1 2 0 500,000 0
BANK AMER CORP COM 060505104 8,960 1,423,800 SH Call OTR 1 2 0 1,423,800 0
BANK AMER CORP COM 060505104 11,911 408,343 SH   OTR 1 2 0 408,343 0
BANK COMM HLDGS COM 06424J103 243 22,300 SH   OTR 1 2 0 22,300 0
BANK OF THE ST JAMES FINL GP COM 470299108 308 21,531 SH   OTR 1 2 0 21,531 0
BB&T CORP COM 054937107 3,111 58,277 SH   OTR 1 2 0 58,277 0
BB&T CORP COM 054937107 369 29,700 SH Call OTR 1 2 0 29,700 0
BECTON DICKINSON & CO COM 075887109 226 894 SH   OTR 1 2 0 894 0
BRISTOL MYERS SQUIBB CO COM 110122108 113 14,700 SH Call OTR 1 2 0 14,700 0
BRISTOL MYERS SQUIBB CO COM 110122108 119 2,338 SH   OTR 1 2 0 2,338 0
CADENCE BANCORPORATION CL A 12739A100 511 29,160 SH   OTR 1 2 0 29,160 0
CAPITAL ONE FINL CORP COM 14040H105 6,694 73,587 SH   OTR 1 2 0 73,587 0
CB FINL SVCS INC COM 12479G101 813 29,273 SH   OTR 1 2 0 29,273 0
CERUS CORP COM 157085101 1,579 306,249 SH   OTR 1 2 0 306,249 0
CIT GROUP INC COM NEW 125581801 888 19,589 SH   OTR 1 2 0 19,589 0
CIT GROUP INC COM NEW 125581801 100 13,000 SH Call OTR 1 2 0 13,000 0
CITIGROUP INC COM NEW 172967424 1,019 14,743 SH   OTR 1 2 0 14,743 0
CITIGROUP INC COM NEW 172967424 1,256 71,700 SH Call OTR 1 2 0 71,700 0
CITIZENS FINL GROUP INC COM 174610105 412 11,652 SH   OTR 1 2 0 11,652 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 1,230 56,582 SH   OTR 1 2 0 56,582 0
CNO FINL GROUP INC COM 12621E103 2,726 172,204 SH   OTR 1 2 0 172,204 0
CODORUS VY BANCORP INC COM 192025104 244 10,500 SH   OTR 1 2 0 10,500 0
COMERICA INC COM 200340107 4,878 73,915 SH   OTR 1 2 0 73,915 0
COMERICA INC COM 200340107 26 11,500 SH Call OTR 1 2 0 11,500 0
CONNECTONE BANCORP INC NEW COM 20786W107 640 28,847 SH   OTR 1 2 0 28,847 0
COWEN INC CL A NEW 223622606 8,677 563,875 SH   OTR 1 2 0 563,875 0
DIME CMNTY BANCSHARES COM 253922108 2,395 111,863 SH   OTR 1 2 0 111,863 0
DISCOVER FINL SVCS COM 254709108 439 5,416 SH   OTR 1 2 0 5,416 0
DISCOVER FINL SVCS COM 254709108 40 4,500 SH Call OTR 1 2 0 4,500 0
ENTERPRISE FINL SVCS CORP COM 293712105 1,106 27,150 SH   OTR 1 2 0 27,150 0
FAUQUIER BANKSHARES INC VA COM 312059108 930 47,081 SH   OTR 1 2 0 47,081 0
FIFTH THIRD BANCORP COM 316773100 5,369 196,080 SH   OTR 1 2 0 196,080 0
FIFTH THIRD BANCORP COM 316773100 76 14,400 SH Call OTR 1 2 0 14,400 0
FIRST CHOICE BANCORP COM 31948P104 211 9,880 SH   OTR 1 2 0 9,880 0
FIRST CMNTY CORP S C COM 319835104 263 13,500 SH   OTR 1 2 0 13,500 0
FIRST DEFIANCE FINL CORP COM 32006W106 908 31,339 SH   OTR 1 2 0 31,339 0
FIRST GTY BANCSHARES INC COM 32043P106 1,351 61,020 SH   OTR 1 2 0 61,020 0
FIRST MIDWEST BANCORP DEL COM 320867104 372 19,085 SH   OTR 1 2 0 19,085 0
FRANKLIN FINL NETWORK INC COM 35352P104 4,427 146,543 SH   OTR 1 2 0 146,543 0
FS KKR CAPITAL CORP COM 302635107 102 17,500 SH   OTR 1 2 0 17,500 0
GERMAN AMERN BANCORP INC COM 373865104 425 13,256 SH   OTR 1 2 0 13,256 0
GUARANTY FED BANCSHARES INC COM 40108P101 364 15,000 SH   OTR 1 2 0 15,000 0
HANCOCK WHITNEY CORPORATION COM 410120109 4,067 106,193 SH   OTR 1 2 0 106,193 0
HANESBRANDS INC COM 410345102 153 10,000 SH   OTR 1 2 0 10,000 0
HANMI FINL CORP COM NEW 410495204 318 16,914 SH   OTR 1 2 0 16,914 0
HANOVER INS GROUP INC COM 410867105 943 6,958 SH   OTR 1 2 0 6,958 0
HARTFORD FINL SVCS GROUP INC COM 416515104 2,942 48,533 SH   OTR 1 2 0 48,533 0
HERCULES CAPITAL INC COM 427096508 241 18,000 SH   OTR 1 2 0 18,000 0
HOMETRUST BANCSHARES INC COM 437872104 261 10,000 SH   OTR 1 2 0 10,000 0
HOPE BANCORP INC COM 43940T109 258 17,981 SH   OTR 1 2 0 17,981 0
HUNTINGTON BANCSHARES INC COM 446150104 540 37,812 SH   OTR 1 2 0 37,812 0
IMPAC MTG HLDGS INC COM NEW 45254P508 619 78,623 SH   OTR 1 2 0 78,623 0
INTL PAPER CO COM 460146103 10 8,100 SH Call OTR 1 2 0 8,100 0
INTL PAPER CO COM 460146103 84 2,001 SH   OTR 1 2 0 2,001 0
JPMORGAN CHASE & CO COM 46625H100 14,066 119,514 SH   OTR 1 2 0 119,514 0
JPMORGAN CHASE & CO COM 46625H100 1,994 73,300 SH Call OTR 1 2 0 73,300 0
KEYCORP NEW COM 493267108 2,240 125,595 SH   OTR 1 2 0 125,595 0
KEYCORP NEW COM 493267108 210 49,400 SH Call OTR 1 2 0 49,400 0
KINGSTONE COS INC COM 496719105 711 83,434 SH   OTR 1 2 0 83,434 0
LINCOLN NATL CORP IND COM 534187109 508 8,417 SH   OTR 1 2 0 8,417 0
LIQUID MEDIA GROUP LTD NEW COM NEW 53634Q204 31 24,521 SH   OTR 1 2 0 24,521 0
M & T BK CORP COM 55261F104 9,081 57,487 SH   OTR 1 2 0 57,487 0
M & T BK CORP COM 55261F104 115 14,200 SH Call OTR 1 2 0 14,200 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 320 1,216 SH   OTR 1 2 0 1,216 0
MAIDEN HOLDINGS LTD SHS G5753U112 155 207,122 SH   OTR 1 2 0 207,122 0
MAINSTREET BANCSHARES INC COM 56064Y100 1,098 52,185 SH   OTR 1 2 0 52,185 0
MERIDIAN BANCORP INC MD COM 58958U103 3,924 209,320 SH   OTR 1 2 0 209,320 0
METLIFE INC COM 59156R108 26 19,600 SH Call OTR 1 2 0 19,600 0
METLIFE INC COM 59156R108 689 14,611 SH   OTR 1 2 0 14,611 0
MID PENN BANCORP INC COM 59540G107 498 19,437 SH   OTR 1 2 0 19,437 0
MONROE CAP CORP COM 610335101 553 52,438 SH   OTR 1 2 0 52,438 0
MORGAN STANLEY COM NEW 617446448 716 16,779 SH   OTR 1 2 0 16,779 0
MORGAN STANLEY COM NEW 617446448 502 49,800 SH Call OTR 1 2 0 49,800 0
NEWELL BRANDS INC COM 651229106 1,261 67,343 SH   OTR 1 2 0 67,343 0
NEWELL BRANDS INC COM 651229106 3 3,000 SH Call OTR 1 2 0 3,000 0
OFG BANCORP COM 67103X102 222 10,121 SH   OTR 1 2 0 10,121 0
OLD LINE BANCSHARES INC COM 67984M100 459 15,818 SH   OTR 1 2 0 15,818 0
ONCOSEC MED INC COM 68234L306 28 14,200 SH   OTR 1 2 0 14,200 0
OPTION CARE HEALTH INC COM 68404L102 100 31,111 SH   OTR 1 2 0 31,111 0
PACIFIC MERCANTILE BANCORP COM 694552100 348 46,400 SH   OTR 1 2 0 46,400 0
PACIFIC PREMIER BANCORP COM 69478X105 266 8,540 SH   OTR 1 2 0 8,540 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 3,997 142,615 SH   OTR 1 2 0 142,615 0
PFIZER INC COM 717081103 199 5,530 SH   OTR 1 2 0 5,530 0
PFIZER INC COM 717081103 17 8,000 SH Call OTR 1 2 0 8,000 0
PINNACLE FINL PARTNERS INC COM 72346Q104 3,039 53,548 SH   OTR 1 2 0 53,548 0
PNC FINL SVCS GROUP INC COM 693475105 6,096 43,496 SH   OTR 1 2 0 43,496 0
PNC FINL SVCS GROUP INC COM 693475105 187 6,900 SH Call OTR 1 2 0 6,900 0
POPULAR INC COM NEW 733174700 809 14,964 SH   OTR 1 2 0 14,964 0
PROSPERITY BANCSHARES INC COM 743606105 358 5,063 SH   OTR 1 2 0 5,063 0
PUBLIC SVC ENTERPRISE GRP IN COM 744573106 366 5,900 SH   OTR 1 2 0 5,900 0
RBB BANCORP COM 74930B105 212 10,776 SH   OTR 1 2 0 10,776 0
REGIONS FINL CORP NEW COM 7591EP100 2,464 155,732 SH   OTR 1 2 0 155,732 0
REGIONS FINL CORP NEW COM 7591EP100 126 45,900 SH Call OTR 1 2 0 45,900 0
RITE AID CORP COM 767754872 134 19,268 SH   OTR 1 2 0 19,268 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 231 20,405 SH   OTR 1 2 0 20,405 0
SB ONE BANCORP COM 78413T103 465 20,600 SH   OTR 1 2 0 20,600 0
SEACOAST BKG CORP FLA COM NEW 811707801 3,222 127,296 SH   OTR 1 2 0 127,296 0
SELECT BANCORP INC NEW COM 81617L108 931 80,270 SH   OTR 1 2 0 80,270 0
SEVERN BANCORP ANNAPOLIS MD COM 81811M100 640 80,006 SH   OTR 1 2 0 80,006 0
SMARTFINANCIAL INC COM NEW 83190L208 1,118 53,671 SH   OTR 1 2 0 53,671 0
SOUTH ST CORP COM 840441109 2,487 33,034 SH   OTR 1 2 0 33,034 0
SOUTHERN NATL BANCORP OF VA COM 843395104 8,754 568,797 SH   OTR 1 2 0 568,797 0
STANDARD AVB FINL CORP COM 85303B100 648 24,000 SH   OTR 1 2 0 24,000 0
STERLING BANCORP DEL COM 85917A100 2,855 142,305 SH   OTR 1 2 0 142,305 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 226 19,200 SH   OTR 1 2 0 19,200 0
SUNTRUST BKS INC COM 867914103 3,021 43,908 SH   OTR 1 2 0 43,908 0
SUNTRUST BKS INC COM 867914103 213 16,100 SH Call OTR 1 2 0 16,100 0
SYNOVUS FINL CORP COM NEW 87161C501 3,568 99,758 SH   OTR 1 2 0 99,758 0
TCF FINANCIAL CORPORATION NE COM 872307103 401 10,539 SH   OTR 1 2 0 10,539 0
TERRITORIAL BANCORP INC COM 88145X108 813 28,433 SH   OTR 1 2 0 28,433 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 753 27,065 SH   OTR 1 2 0 27,065 0
UNITED PARCEL SERVICE INC CL B 911312106 239 1,993 SH   OTR 1 2 0 1,993 0
UNIVAR SOLUTIONS INC COM 91336L107 322 15,500 SH   OTR 1 2 0 15,500 0
US BANCORP DEL COM NEW 902973304 1,344 24,288 SH   OTR 1 2 0 24,288 0
WELLS FARGO CO NEW COM 949746101 727 14,406 SH   OTR 1 2 0 14,406 0
WELLS FARGO CO NEW COM 949746101 268 38,700 SH Call OTR 1 2 0 38,700 0
WSFS FINL CORP COM 929328102 736 16,691 SH   OTR 1 2 0 16,691 0
ZIONS BANCORPORATION N A *W EXP 05/21/202 989701115 414 35,039 SH   OTR 1 2 0 35,039 0
ZIONS BANCORPORATION N A COM 989701107 218 38,500 SH Call OTR 1 2 0 38,500 0
ZOETIS INC CL A 98978V103 262 2,104 SH   OTR 1 2 0 2,104 0