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 3,764 146,801 SH   SOLE   146,801 0 0
AMERIS BANCORP COM 03076K108 10,219 205,705 SH   SOLE   205,705 0 0
AXOS FINANCIAL INC COM 05465C100 12,300 219,992 SH   SOLE   219,992 0 0
BK OF AMERICA CORP COM 060505104 18,556 417,089 SH   SOLE   417,089 0 0
CADENCE BANK COM 12740C103 26,260 881,502 SH   SOLE   881,502 0 0
CAMBRIDGE BANCORP COM 132152109 9,626 102,848 SH   SOLE   102,848 0 0
CAPITAL BANCORP INC MD COM 139737100 9,063 345,928 SH   SOLE   345,928 0 0
CAPITAL CITY BK GROUP INC COM 139674105 2,310 87,517 SH   SOLE   87,517 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 5,238 249,095 SH   SOLE   249,095 0 0
CITIZENS FINL GROUP INC COM 174610105 16,771 354,936 SH   SOLE   354,936 0 0
COASTAL FINL CORP WA COM NEW 19046P209 1,036 20,469 SH   SOLE   20,469 0 0
COMERICA INC COM 200340107 19,590 225,175 SH   SOLE   225,175 0 0
DISCOVER FINL SVCS COM 254709108 35,939 311,000 SH   SOLE   311,000 0 0
EAST WEST BANCORP INC COM 27579R104 19,360 246,065 SH   SOLE   246,065 0 0
F N B CORP COM 302520101 9,677 797,791 SH   SOLE   797,791 0 0
FIRST BANCORP P R COM NEW 318672706 22,993 1,668,572 SH   SOLE   1,668,572 0 0
FIRST BANCSHARES INC MS COM 318916103 19,040 492,998 SH   SOLE   492,998 0 0
FIRST BUSEY CORP COM NEW 319383204 13,115 483,583 SH   SOLE   483,583 0 0
FIRST FNDTN INC COM 32026V104 9,437 379,620 SH   SOLE   379,620 0 0
FIRST INTERNET BANCORP COM 320557101 29,301 622,895 SH   SOLE   622,895 0 0
HANCOCK WHITNEY CORPORATION COM 410120109 35,794 715,586 SH   SOLE   715,586 0 0
HANMI FINL CORP COM NEW 410495204 14,196 599,511 SH   SOLE   599,511 0 0
HUNTINGTON BANCSHARES INC COM 446150104 8,250 535,000 SH   SOLE   535,000 0 0
INDEPENDENT BANK GROUP INC COM 45384B106 16,692 231,351 SH   SOLE   231,351 0 0
INVESTAR HLDG CORP COM 46134L105 8,825 479,375 SH   SOLE   479,375 0 0
KEYCORP COM 493267108 32,928 1,423,600 SH   SOLE   1,423,600 0 0
MERCANTILE BK CORP COM 587376104 4,208 120,133 SH   SOLE   120,133 0 0
NICOLET BANKSHARES INC COM 65406E102 3,541 41,300 SH   SOLE   41,300 0 0
OLD SECOND BANCORP INC ILL COM 680277100 10,489 833,139 SH   SOLE   833,139 0 0
OP BANCORP COM 67109R109 5,851 458,505 SH   SOLE   458,505 0 0
PACIFIC PREMIER BANCORP COM 69478X105 29,219 729,916 SH   SOLE   729,916 0 0
PACWEST BANCORP DEL COM 695263103 47,388 1,049,103 SH   SOLE   1,049,103 0 0
PAYPAL HLDGS INC COM 70450Y103 5,884 31,200 SH   SOLE   31,200 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 20,292 212,485 SH   SOLE   212,485 0 0
POPULAR INC COM NEW 733174700 22,262 271,352 SH   SOLE   271,352 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404 22,463 312,897 SH   SOLE   312,897 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 29,373 1,347,382 SH   SOLE   1,347,382 0 0
SCHWAB CHARLES CORP COM 808513105 10,967 130,400 SH   SOLE   130,400 0 0
SOUTHERN FIRST BANCSHARES COM 842873101 10,507 168,142 SH   SOLE   168,142 0 0
SVB FINANCIAL GROUP COM 78486Q101 38,009 56,041 SH   SOLE   56,041 0 0
SYNCHRONY FINANCIAL COM 87165B103 38,406 827,900 SH   SOLE   827,900 0 0
SYNOVUS FINL CORP COM NEW 87161C501 14,863 310,490 SH   SOLE   310,490 0 0
TRICO BANCSHARES COM 896095106 8,669 201,785 SH   SOLE   201,785 0 0
TRUIST FINL CORP COM 89832Q109 18,478 315,600 SH   SOLE   315,600 0 0
UNITED BANKSHARES INC WEST V COM 909907107 4,343 119,695 SH   SOLE   119,695 0 0
VISA INC COM CL A 92826C839 5,981 27,600 SH   SOLE   27,600 0 0
WESTERN ALLIANCE BANCORP COM 957638109 51,958 482,658 SH   SOLE   482,658 0 0
ZIONS BANCORPORATION N A COM 989701107 17,706 280,329 SH   SOLE   280,329 0 0