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
AFC GAMMA INC COM 00109K105 10,309 452,936 SH   SOLE 1,2,3,4 452,936 0 0
ALLSTATE CORP COM 020002101 3,883 33,003 SH   SOLE 1,2 33,003 0 0
A-MARK PRECIOUS METALS INC COM 00181T107 25,768 421,733 SH   SOLE 1,2,3,4 421,733 0 0
AMERICAN FINL GROUP INC OHIO COM 025932104 14,588 106,237 SH   SOLE 1,2,4 106,237 0 0
ARCH CAP GROUP LTD ORD G0450A105 7,187 161,677 SH   SOLE 1,2 161,677 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 4,914 84,567 SH   SOLE 1,2 84,567 0 0
BANCO SANTANDER CHILE NEW SP ADR REP COM 05965X109 14,387 883,197 SH   SOLE 1,2,3,4 883,197 0 0
BANKUNITED INC COM 06652K103 6,794 160,568 SH   SOLE 1,2,3 160,568 0 0
BRIDGE INVT GROUP HLDGS INC COM CL A 10806B100 17,096 684,676 SH   SOLE 1,2,4 684,676 0 0
BROADWAY FINL CORP DEL COM 111444105 5,230 2,264,083 SH   SOLE 2,3,4 2,264,083 0 0
BYRNA TECHNOLOGIES INC COM NEW 12448X201 1,894 141,900 SH   SOLE 3,4 141,900 0 0
CARLYLE GROUP INC COM 14316J108 10,987 200,133 SH   SOLE 1,2,3,4 200,133 0 0
CARVER BANCORP INC COM NEW 146875604 775 90,703 SH   SOLE 2 90,703 0 0
CHICAGO ATLANTIC REAL ESTATE COM 167239102 5,826 349,892 SH   SOLE 1,2,3,4 349,892 0 0
CONCORD ACQUISITION CORP COM CL A 206071102 3,717 357,431 SH   SOLE 1,2 357,431 0 0
DOUGLAS ELLIMAN INC COM 25961D105 5,783 502,830 SH   SOLE 1,2 502,830 0 0
EQUITABLE HLDGS INC COM 29452E101 17,689 539,457 SH   SOLE 1,2,3,4 539,457 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 7,854 150,526 SH   SOLE 1,2,3,4 150,526 0 0
FINWISE BANCORP COM 31813A109 541 39,201 SH   SOLE 2 39,201 0 0
FORTRESS TRANS INFRST INVS L COM REP LTD LIAB 34960P101 4,360 150,760 SH   SOLE 1,2,3,4 150,760 0 0
GALLAGHER ARTHUR J & CO COM 363576109 16,055 94,622 SH   SOLE 1,2,3,4 94,622 0 0
GOODYEAR TIRE & RUBR CO COM 382550101 25,726 1,206,639 SH   SOLE 1,2,3,4 1,206,639 0 0
HOVNANIAN ENTERPRISES INC CL A NEW 442487401 15,430 121,217 SH   SOLE 1,2,3,4 121,217 0 0
KEMPER CORP COM 488401100 4,864 82,735 SH   SOLE 1,2 82,735 0 0
PERELLA WEINBERG PARTNERS *W EXP 12/31/202 71367G110 433 122,552 SH   SOLE 1,2 122,552 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404 9,803 136,550 SH   SOLE 1,2,4 136,550 0 0
PROGRESSIVE CORP COM 743315103 8,147 79,363 SH   SOLE 1,2,4 79,363 0 0
RENAISSANCERE HLDGS LTD COM G7496G103 2,299 13,575 SH   SOLE 1,2 13,575 0 0
RENT A CTR INC NEW COM 76009N100 4,633 96,443 SH   SOLE 3,4 96,443 0 0
SPROTT INC COM NEW 852066208 8,640 191,469 SH   SOLE 1,2,3 191,469 0 0
THIRD COAST BANCSHARES INC COM 88422P109 3,186 122,650 SH   SOLE 2,3 122,650 0 0
TRITON INTL LTD CL A G9078F107 8,303 137,848 SH   SOLE 1,2,3,4 137,848 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109 8,203 27,610 SH   SOLE 1,2 27,610 0 0
WILLIAM PENN BANCORPORATION COM 96927A105 3,989 330,210 SH   SOLE 2,3 330,210 0 0