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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALERUS FINL CORP COM 01446U103   3,573,697 196,573 SH   SOLE NONE 196,573 0 0
BANC OF CALIFORNIA INC COM 05990K106   18,321,558 1,479,932 SH   SOLE NONE 1,479,932 0 0
SOUTHERN CALIF BANCORP COM 84252A106   15,424,197 1,100,942 SH   SOLE NONE 1,100,942 0 0
CALIFORNIA BANCORP INC COM 13005U101   16,240,438 807,982 SH   SOLE NONE 807,982 0 0
CAMBRIDGE BANCORP COM 132152109   12,987,652 208,503 SH   SOLE NONE 208,503 0 0
CB FINL SVCS INC COM 12479G101   2,379,209 111,178 SH   SOLE NONE 111,178 0 0
COASTAL FINL CORP WA COM NEW 19046P209   31,273,838 728,824 SH   SOLE NONE 728,824 0 0
CONNECTONE BANCORP INC COM 20786W107   2,894,237 162,324 SH   SOLE NONE 162,324 0 0
EASTERN BANKSHARES INC COM 27627N105   714,241 56,957 SH   SOLE NONE 56,957 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   1,864,763 49,727 SH   SOLE NONE 49,727 0 0
EVANS BANCORP INC COM NEW 29911Q208   4,251,686 158,645 SH   SOLE NONE 158,645 0 0
FIRST BANCSHARES INC MS COM 318916103   1,909,800 70,812 SH   SOLE NONE 70,812 0 0
FIRST MID ILL BANCSHARES INC COM 320866106   10,895,310 410,215 SH   SOLE NONE 410,215 0 0
FINWARD BANCORP COM 31812F109   2,202,877 99,543 SH   SOLE NONE 99,543 0 0
FVCBANKCORP INC COM 36120Q101   16,092,883 1,256,275 SH   SOLE NONE 1,256,275 0 0
HERITAGE COMM CORP COM 426927109   4,764,511 562,516 SH   SOLE NONE 562,516 0 0
MID PENN BANCORP INC COM 59540G107   2,218,064 110,187 SH   SOLE NONE 110,187 0 0
MVB FINL CORP COM 553810102   9,778,675 433,068 SH   SOLE NONE 433,068 0 0
NATIONAL BK HLDGS CORP CL A 633707104   1,993,236 66,977 SH   SOLE NONE 66,977 0 0
NORTHEAST BK LEWISTON ME COM 66405S100   4,860,173 110,208 SH   SOLE NONE 110,208 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   3,249,976 286,594 SH   SOLE NONE 286,594 0 0
ORIGIN BANCORP INC COM 68621T102   2,104,161 72,884 SH   SOLE NONE 72,884 0 0
OCEANFIRST FINL CORP COM 675234108   11,195,352 773,694 SH   SOLE NONE 773,694 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   776,591 11,584 SH   SOLE NONE 11,584 0 0
QCR HOLDINGS INC COM 74727A104   17,552,061 361,749 SH   SOLE NONE 361,749 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   8,223,361 374,470 SH   SOLE NONE 374,470 0 0
SOUTHERN FIRST BANCSHARES COM 842873101   12,377,799 459,458 SH   SOLE NONE 459,458 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107   640,906 24,240 SH   SOLE NONE 24,240 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   381,807 16,651 SH   SOLE NONE 16,651 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   10,459,647 995,209 SH   SOLE NONE 995,209 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100   841,505 48,418 SH   SOLE NONE 48,418 0 0
VIRGINIA NATL BANKSHARES COR COM 928031103   6,203,145 204,387 SH   SOLE NONE 204,387 0 0
VALLEY NATL BANCORP COM 919794107   10,191,947 1,190,648 SH   SOLE NONE 1,190,648 0 0