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
AMERICAN NATL BANKSHARES INC COM 027745108 558 23,340 SH   DFND 1 23,340 0 0
AMERICAN NATL BANKSHARES INC COM 027745108 212 8,880 SH   DFND 2 8,880 0 0
AMERIS BANCORP COM 03076K108 10,699 450,281 SH   DFND 1 450,281 0 0
AMERIS BANCORP COM 03076K108 3,832 161,277 SH   DFND 2 161,277 0 0
BANC OF CALIFORNIA INC COM 05990K106 4,080 510,051 SH   DFND 1 510,051 0 0
BANC OF CALIFORNIA INC COM 05990K106 1,465 183,136 SH   DFND 2 183,136 0 0
CALIFORNIA BANCORP COM 13005U101 1,601 136,831 SH   DFND 2 136,831 0 0
CALIFORNIA BANCORP COM 13005U101 4,449 380,246 SH   DFND 1 380,246 0 0
CAMBRIDGE BANCORP COM 132152109 1,595 30,679 SH   DFND 1 30,679 0 0
CAMBRIDGE BANCORP COM 132152109 621 11,951 SH   DFND 2 11,951 0 0
CITIZENS FINANCIAL GROUP INC COM 174610105 9,695 515,415 SH   DFND 1 515,415 0 0
CITIZENS FINANCIAL GROUP INC COM 174610105 3,472 184,585 SH   DFND 2 184,585 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 1,450 96,908 SH   DFND 2 96,908 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 4,024 269,014 SH   DFND 1 269,014 0 0
COMMUNITY BANKERS TR CORP COM 203612106 7,351 1,515,570 SH   DFND 1 1,515,570 0 0
COMMUNITY BANKERS TR CORP COM 203612106 2,626 541,416 SH   DFND 2 541,416 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 7,987 594,280 SH   DFND 1 594,280 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 2,853 212,273 SH   DFND 2 212,273 0 0
EAGLE BANCORP MONT INC COM 26942G100 1,504 92,759 SH   DFND 1 92,759 0 0
EAGLE BANCORP MONT INC COM 26942G100 543 33,479 SH   DFND 2 33,479 0 0
FAUQUIER BANKSHARES INC VA COM 312059108 522 37,982 SH   DFND 2 37,982 0 0
FAUQUIER BANKSHARES INC VA COM 312059108 1,401 101,906 SH   DFND 1 101,906 0 0
FIRST BANCORP N C COM 318910106 995 43,116 SH   DFND 2 43,116 0 0
FIRST BANCORP N C COM 318910106 2,767 119,904 SH   DFND 1 119,904 0 0
FIRST BANCSHARES INC MS COM 318916103 1,282 67,232 SH   DFND 2 67,232 0 0
FIRST BANCSHARES INC MS COM 318916103 3,566 187,020 SH   DFND 1 187,020 0 0
FIRST MID BANCSHARES INC COM 320866106 2,036 85,751 SH   DFND 1 85,751 0 0
FIRST MID BANCSHARES INC COM 320866106 733 30,873 SH   DFND 2 30,873 0 0
FIRST SEACOAST BANCORP COM 33631P102 765 126,841 SH   DFND 1 126,841 0 0
FIRST SEACOAST BANCORP COM 33631P102 281 46,532 SH   DFND 2 46,532 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,249 431,490 SH   DFND 1 431,490 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 1,159 153,977 SH   DFND 2 153,977 0 0
HBT FINL INC. COM 404111106 544 51,707 SH   DFND 2 51,707 0 0
HBT FINL INC. COM 404111106 1,450 137,711 SH   DFND 1 137,711 0 0
HILLTOP HOLDINGS INC COM 432748101 4,227 279,590 SH   DFND 1 279,590 0 0
HILLTOP HOLDINGS INC COM 432748101 1,509 99,771 SH   DFND 2 99,771 0 0
HMN FINL INC COM 40424G108 1,863 103,487 SH   DFND 2 103,487 0 0
HMN FINL INC COM 40424G108 5,214 289,663 SH   DFND 1 289,663 0 0
KEARNY FINL CORP MD COM 48716P108 5,405 629,268 SH   DFND 1 629,268 0 0
KEARNY FINL CORP MD COM 48716P108 1,929 224,556 SH   DFND 2 224,556 0 0
NORTHEAST BK LEWISTON ME COM 66405S100 5,598 480,104 SH   DFND 1 480,104 0 0
NORTHEAST BK LEWISTON ME COM 66405S100 2,009 172,333 SH   DFND 2 172,333 0 0
OLD SECOND BANCORP INC ILL COM 680277100 919 132,992 SH   DFND 2 132,992 0 0
OLD SECOND BANCORP INC ILL COM 680277100 2,415 349,564 SH   DFND 1 349,564 0 0
OPUS BK IRVINE CALIF COM 684000102 1,795 103,600 SH   DFND 2 103,600 0 0
OPUS BK IRVINE CALIF COM 684000102 5,024 289,903 SH   DFND 1 289,903 0 0
PB BANCORP INC COM 70454T100 1,856 124,560 SH   DFND 1 124,560 0 0
PB BANCORP INC COM 70454T100 679 45,572 SH   DFND 2 45,572 0 0
PROFESSIONAL HLDG CORP CL A COM 743139107 779 48,840 SH   DFND 2 48,840 0 0
PROFESSIONAL HLDG CORP CL A COM 743139107 2,172 136,160 SH   DFND 1 136,160 0 0
PROVIDENT FINL HLDGS INC COM 743868101 657 43,112 SH   DFND 1 43,112 0 0
PROVIDENT FINL HLDGS INC COM 743868101 239 15,690 SH   DFND 2 15,690 0 0
QCR HOLDINGS INC COM 74727A104 8,264 305,294 SH   DFND 1 305,294 0 0
QCR HOLDINGS INC COM 74727A104 2,953 109,081 SH   DFND 2 109,081 0 0
RANDOLPH BANCORP INC COM 752378109 377 39,362 SH   DFND 2 39,362 0 0
RANDOLPH BANCORP INC COM 752378109 992 103,460 SH   DFND 1 103,460 0 0
RED RIVER BANCSHARES INC COM 75686R202 67 1,788 SH   DFND 2 1,788 0 0
RED RIVER BANCSHARES INC COM 75686R202 185 4,958 SH   DFND 1 4,958 0 0
RELIANT BANCORP INC COM 75956B101 322 28,602 SH   DFND 1 28,602 0 0
RELIANT BANCORP INC COM 75956B101 116 10,286 SH   DFND 2 10,286 0 0
RIVERVIEW BANCORP INC COM 769397100 95 19,005 SH   DFND 2 19,005 0 0
RIVERVIEW BANCORP INC COM 769397100 266 53,069 SH   DFND 1 53,069 0 0
RIVERVIEW FINL CORP NEW COM 76940Q105 326 50,381 SH   DFND 2 50,381 0 0
RIVERVIEW FINL CORP NEW COM 76940Q105 883 136,541 SH   DFND 1 136,541 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 1,501 52,912 SH   DFND 2 52,912 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 4,173 147,096 SH   DFND 1 147,096 0 0
STERLING BANCORP DEL COM 85917A100 10,567 1,011,183 SH   DFND 1 1,011,183 0 0
STERLING BANCORP DEL COM 85917A100 3,784 362,079 SH   DFND 2 362,079 0 0
TCF FINANCIAL CORPORATION NE COM 872307103 2,044 90,191 SH   DFND 2 90,191 0 0
TCF FINANCIAL CORPORATION NE COM 872307103 5,690 251,109 SH   DFND 1 251,109 0 0
WESTERN ALLIANCE BANCORP COM 957638109 3,375 110,260 SH   DFND 1 110,260 0 0
WESTERN ALLIANCE BANCORP COM 957638109 1,216 39,740 SH   DFND 2 39,740 0 0