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
AMERANT BANCORP CL A ORD CL A 023576101 6,564 190,000 SH   SOLE NONE 190,000 0 0
AMERIS BANCORP ORD COM 03076K108 6,210 125,000 SH   SOLE NONE 125,000 0 0
BANC OF CALIFORNIA ORD COM 05990K106 4,202 214,217 SH   SOLE NONE 214,217 0 0
BANK NT BUTTERFIELD AND SON ORD SHS NEW G0772R208 1,905 50,000 SH   SOLE NONE 50,000 0 0
BUSINESS FIRST BANCSHARES ORD COM 12326C105 6,122 216,260 SH   SOLE NONE 216,260 0 0
BYLINE BANCORP ORD COM 124411109 12,307 450,000 SH   SOLE NONE 450,000 0 0
CADENCE BANK ORD COM 12740C103 13,844 464,739 SH   SOLE NONE 464,739 0 0
CALIFORNIA BANCORP ORD COM 13005U101 1,067 50,291 SH   SOLE NONE 50,291 0 0
CAPITAL BANCORP ORD COM 139737100 829 31,671 SH   SOLE NONE 0 0 31,671
CAPSTAR FINANCIAL HO ORD COM 14070T102 764 36,368 SH   SOLE NONE 0 0 36,368
CIT GROUP ORD COM NEW 125581801 6,417 125,000 SH   SOLE NONE 0 0 125,000
CIVISTA BANCSHARES ORD COM NO PAR 178867107 3,050 125,000 SH   SOLE NONE 125,000 0 0
COASTAL FINANCIAL ORD COM NEW 19046P209 7,593 150,000 SH   SOLE NONE 150,000 0 0
COLONY BANKCORP ORD COM 19623P101 3,024 177,166 SH   SOLE NONE 177,166 0 0
CONNECTONE BANCORP ORD COM 20786W107 3,427 104,782 SH   SOLE NONE 0 0 104,782
COWEN CL A ORD CL A NEW 223622606 9,025 250,000 SH   SOLE NONE 250,000 0 0
CUSTOMERS BANCORP ORD COM 23204G100 3,430 52,478 SH   SOLE NONE 52,478 0 0
EASTERN BANKSHARES ORD COM 27627N105 2,521 125,000 SH   SOLE NONE 125,000 0 0
EQUITY BANCSHARES CL A ORD COM CL A 29460X109 16,383 482,872 SH   SOLE NONE 482,872 0 0
EVERTEC ORD COM 30040P103 2,499 50,000 SH   SOLE NONE 50,000 0 0
FB FINANCIAL ORD COM 30257X104 8,684 198,195 SH   SOLE NONE 198,195 0 0
FINWISE BANCORP ORD COM 31813A109 2,792 202,480 SH   SOLE NONE 202,480 0 0
FIRST BANCORP ORD COM 318910106 2,286 50,000 SH   SOLE NONE 50,000 0 0
FIRST BANCSHARES ORD COM 318916103 12,937 335,000 SH   SOLE NONE 335,000 0 0
FIRST HORIZON ORD COM 320517105 6,532 400,000 SH   SOLE NONE 400,000 0 0
FIRST WESTERN FINANCIAL ORD COM 33751L105 1,698 55,941 SH   SOLE NONE 0 0 55,941
FIVE STAR BANCORP ORD COM 33830T103 3,000 100,000 SH   SOLE NONE 100,000 0 0
GLOBAL BLUE GROUP HOLDING ORD ORD SHS H33700107 108 181,062 SH   SOLE NONE 181,062 0 0
HOME BANCSHARES ORD COM 436893200 1,217 50,000 SH   SOLE NONE 50,000 0 0
LIMESTONE BANCORP ORD COM 53262L105 1,487 79,690 SH   SOLE NONE 0 0 79,690
LIVE OAK BANCSHARES ORD COM 53803X105 28,369 325,000 SH   SOLE NONE 325,000 0 0
MAINSTREET BANCSHARES INC COM 56064Y100 1,844 75,000 SH   SOLE NONE 75,000 0 0
MANNING AND NAPIER CL A ORD CL A 56382Q102 3,324 400,000 SH   SOLE NONE 400,000 0 0
METROPOLITAN BANK HOLDING ORD COM 591774104 10,218 95,920 SH   SOLE NONE 95,920 0 0
MVB FINANCIAL ORD COM 553810102 2,076 50,000 SH   SOLE NONE 50,000 0 0
NBT BANCORP ORD COM 628778102 1,926 50,000 SH   SOLE NONE 50,000 0 0
NEW YORK COMMUNITY BANCORP ORD COM 649445103 6,703 549,000 SH   SOLE NONE 549,000 0 0
NEWTEK SERVICES ORD COM NEW 652526203 1,475 53,406 SH   SOLE NONE 53,406 0 0
NICOLET BANKSHARES ORD COM 65406E102 3,265 38,084 SH   SOLE NONE 38,084 0 0
OCEANFIRST FINANCIAL ORD COM 675234108 5,152 232,100 SH   SOLE NONE 232,100 0 0
OLD SECOND BANCORP ORD COM 680277100 5,674 450,700 SH   SOLE NONE 450,700 0 0
ORIGIN BANCORP ORD COM 68621T102 9,873 230,046 SH   SOLE NONE 0 0 230,046
PACW PACWEST BANCORP ORD COM 695263103 7,904 175,000 SH   SOLE NONE 175,000 0 0
PARTNERS BANCORP ORD COM 70213Q108 242 24,715 SH   SOLE NONE 24,715 0 0
PRIMIS FINANCIAL ORD COM 74167B109 6,764 449,800 SH   SOLE NONE 0 0 449,800
PROFESSIONAL HOLDING CL A ORD CL A COM 743139107 2,372 123,837 SH   SOLE NONE 0 0 123,837
RELIANT BANCORP ORD COM 75956B101 6,271 176,655 SH   SOLE NONE 176,655 0 0
RIVERVIEW BANCORP ORD COM 769397100 801 104,164 SH   SOLE NONE 104,164 0 0
SEACOAST BANKING OF FLORIDA ORD COM NEW 811707801 1,415 40,000 SH   SOLE NONE 40,000 0 0
SHORE BANCSHARES ORD COM 825107105 833 39,978 SH   SOLE NONE 39,978 0 0
SIGNATURE BANK ORD COM 82669G104 6,469 20,000 SH   SOLE NONE 0 0 20,000
SILVERGATE CAPITAL CL A ORD CL A 82837P408 8,611 58,104 SH   SOLE NONE 58,104 0 0
SMARTFINANCIAL ORD COM NEW 83190L208 820 30,000 SH   SOLE NONE 30,000 0 0
SOUTHERN FIRST BANC ORD COM 842873101 682 10,918 SH   SOLE NONE 10,918 0 0
SOUTHERN STATES BANCSHARES ORD COM 843878307 3,967 202,721 SH   SOLE NONE 0 0 202,721
SPIRIT OF TEXAS BANCSHARES ORD COM 84861D103 14,552 505,662 SH   SOLE NONE 505,662 0 0
THIRD COAST BANCSHARES ORD COM 88422P109 10,579 407,208 SH   SOLE NONE 407,208 0 0
TRIUMPH BANCORP ORD COM 89679E300 8,931 75,000 SH   SOLE NONE 75,000 0 0
USCB FINANCIAL HOLDINGS CL A ORD CLASS A COM 90355N101 6,345 453,093 SH   SOLE NONE 453,093 0 0
VERITEX HOLDINGS ORD COM 923451108 13,923 350,000 SH   SOLE NONE 0 0 350,000
VERSABANK ORD COM 92512J106 9,300 781,579 SH   SOLE NONE 781,579 0 0
WELLS FARGO ORD COM 949746101 3,598 75,000 SH   SOLE NONE 75,000 0 0
WINTRUST FINANCIAL ORD COM 97650W108 1,816 20,000 SH   SOLE NONE 20,000 0 0