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
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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
ABACUS LIFE INC CL A 00258Y104   3,289,101 325,010 SH   SOLE   325,010 0 0
AGNC INVT CORP COM 00123Q104   2,405,800 230,000 SH   SOLE   230,000 0 0
ALERUS FINL CORP COM 01446U103   5,965,914 260,748 SH   SOLE   260,748 0 0
AMERANT BANCORP INC CL A 023576101   427,400 20,000 SH   SOLE   20,000 0 0
ANNALY CAPITAL MANAGEMENT IN COM NEW 035710839   2,207,700 110,000 SH   SOLE   110,000 0 0
AXOS FINANCIAL INC COM 05465C100   17,941,739 285,333 SH   SOLE   285,333 0 0
BANK AMERICA CORP COM 060505104   4,199,612 105,837 SH   SOLE   105,837 0 0
BANNER CORP COM NEW 06652V208   12,987,415 218,056 SH   SOLE   218,056 0 0
BRIDGEWATER BANCSHARES INC COM 108621103   2,179,190 153,789 SH   SOLE   153,789 0 0
CADENCE BANK COM 12740C103   8,327,756 261,468 SH   SOLE   261,468 0 0
CATHAY GEN BANCORP COM 149150104   11,012,552 256,404 SH   SOLE   256,404 0 0
CITIZENS FINL GROUP INC COM 174610105   15,843,985 385,780 SH   SOLE   385,780 0 0
CNB FINL CORP PA COM 126128107   5,232,521 217,478 SH   SOLE   217,478 0 0
COASTAL FINL CORP WA COM NEW 19046P209   4,001,361 74,113 SH   SOLE   74,113 0 0
COLUMBIA BKG SYS INC COM 197236102   24,656,509 944,332 SH   SOLE   944,332 0 0
COMERICA INC COM 200340107   8,360,261 139,547 SH   SOLE   139,547 0 0
CONNECTONE BANCORP INC COM 20786W107   6,487,950 259,000 SH   SOLE   259,000 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   9,589,248 332,960 SH   SOLE   332,960 0 0
EAST WEST BANCORP INC COM 27579R104   21,248,790 256,814 SH   SOLE   256,814 0 0
EASTERN BANKSHARES INC COM 27627N105   13,417,526 818,641 SH   SOLE   818,641 0 0
F N B CORP COM 302520101   10,761,570 762,691 SH   SOLE   762,691 0 0
FIRST BANCORP P R COM NEW 318672706   6,736,506 318,210 SH   SOLE   318,210 0 0
FIRST BANCSHARES INC MISS COM 318916103   6,327,200 196,925 SH   SOLE   196,925 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   17,461,411 9,485 SH   SOLE   9,485 0 0
FIRST INTERNET BANCORP COM 320557101   2,705,170 78,960 SH   SOLE   78,960 0 0
FULTON FINL CORP PA COM 360271100   2,512,818 138,600 SH   SOLE   138,600 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   21,311,589 416,486 SH   SOLE   416,486 0 0
HANMI FINL CORP COM NEW 410495204   10,621,586 571,053 SH   SOLE   571,053 0 0
HEARTLAND FINL USA INC COM 42234Q102   18,346,816 323,577 SH   SOLE   323,577 0 0
HOMESTREET INC COM 43785V102   5,357,911 339,969 SH   SOLE   339,969 0 0
MIDWESTONE FINL GROUP INC NE COM 598511103   5,706,000 200,000 SH   SOLE   200,000 0 0
NB BANCORP INC COM 63945M107   4,631,500 249,542 SH   SOLE   249,542 0 0
OFG BANCORP COM 67103X102   10,500,544 233,761 SH   SOLE   233,761 0 0
OLD SECOND BANCORP INC ILL COM 680277100   6,008,511 385,408 SH   SOLE   385,408 0 0
OP BANCORP COM 67109R109   3,505,233 280,868 SH   SOLE   280,868 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   14,176,259 144,700 SH   SOLE   144,700 0 0
POPULAR INC COM NEW 733174700   20,910,607 208,543 SH   SOLE   208,543 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404   9,439,085 117,621 SH   SOLE   117,621 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   10,582,068 453,582 SH   SOLE   453,582 0 0
RENASANT CORP COM 75970E107   11,981,125 368,650 SH   SOLE   368,650 0 0
SANDY SPRING BANCORP INC COM 800363103   4,905,986 156,391 SH   SOLE   156,391 0 0
SMARTFINANCIAL INC COM NEW 83190L208   4,491,465 154,134 SH   SOLE   154,134 0 0
SOUTHSTATE CORPORATION COM 840441109   9,086,330 93,500 SH   SOLE   93,500 0 0
SYNOVUS FINL CORP COM NEW 87161C501   20,200,142 454,242 SH   SOLE   454,242 0 0
VALLEY NATL BANCORP COM 919794107   9,281,662 1,024,466 SH   SOLE   1,024,466 0 0
VERITEX HLDGS INC COM 923451108   14,782,260 561,636 SH   SOLE   561,636 0 0
WEBSTER FINL CORP COM 947890109   28,095,949 602,788 SH   SOLE   602,788 0 0
WESTERN ALLIANCE BANCORP COM 957638109   40,532,068 468,633 SH   SOLE   468,633 0 0
WINTRUST FINL CORP COM 97650W108   18,022,492 166,060 SH   SOLE   166,060 0 0