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
APPLE INC COM 037833100   215,839 1,052 SH   SOLE   0 0 1,052
AMBAC FINL GROUP INC COM NEW 023139884   152,188 21,435 SH   SOLE   0 0 21,435
AMERIPRISE FINL INC COM 03076C106   1,387,698 2,600 SH   SOLE   2,500 0 100
AXOS FINANCIAL INC COM 05465C100   11,651,609 153,230 SH   SOLE   152,000 0 1,230
BANC OF CALIFORNIA INC COM 05990K106   4,534,286 322,725 SH   SOLE   320,600 0 2,125
BARCLAYS PLC ADR 06738E204   9,544,757 513,435 SH   SOLE   508,000 0 5,435
BUSINESS FIRST BANCSHARES IN COM 12326C105   1,055,119 42,804 SH   SOLE   41,019 0 1,785
BRIDGEWATER BANCSHARES INC COM 108621103   1,596,171 100,325 SH   SOLE   92,000 0 8,325
CHAIN BRIDGE BANCORP INC CL A 15746L100   5,218,425 202,500 SH   SOLE   200,800 0 1,700
CAPITAL BANCORP INC MD COM 139737100   2,986,102 88,925 SH   SOLE   88,375 0 550
CARLYLE GROUP INC COM 14316J108   8,302,899 161,535 SH   SOLE   158,000 0 3,535
CONNECTONE BANCORP INC COM 20786W107   6,532,625 282,065 SH   SOLE   277,800 0 4,265
COREBRIDGE FINL INC COM 21871X109   8,821,750 248,500 SH   SOLE   246,500 0 2,000
CUSTOMERS BANCORP INC COM 23204G100   9,883,005 168,250 SH   SOLE   166,800 0 1,450
CAESARS ENTERTAINMENT INC NE COM 12769G100   255,510 9,000 SH   SOLE   9,000 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   2,517,225 93,438 SH   SOLE   92,563 0 875
DELL TECHNOLOGIES INC CL C 24703L202   490,400 4,000 SH   SOLE   4,000 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   8,809,154 93,061 SH   SOLE   91,296 0 1,765
FIRST BUSINESS FINL SVCS INC COM 319390100   1,198,109 23,650 SH   SOLE   22,500 0 1,150
FIRST CTZNS BANCSHARES INC N CL A 31946M103   17,117,156 8,749 SH   SOLE   8,600 0 149
PGIM GLOBAL HIGH YIELD FD FO COM 69346J106   254,790 19,000 SH   SOLE   0 0 19,000
GENERATION INCOME PPTYS INC COM NEW 37149D204   333,819 228,643 SH   SOLE   228,643 0 0
GENWORTH FINL INC COM SHS 37247D106   1,435,994 184,575 SH   SOLE   160,000 0 24,575
GROUP 1 AUTOMOTIVE INC COM 398905109   269,887 618 SH   SOLE   0 0 618
GLOBAL PMTS INC COM 37940X102   6,933,465 86,625 SH   SOLE   85,000 0 1,625
U S GLOBAL INVS INC CL A 902952100   1,778,980 684,223 SH   SOLE   678,223 0 6,000
HOMESTREET INC COM 43785V102   2,884,523 220,698 SH   SOLE   219,848 0 850
ROBINHOOD MKTS INC COM CL A 770700102   52,161,273 557,100 SH   SOLE   555,500 0 1,600
ROBINHOOD MKTS INC PUT 770700952   665,955 1,533 SH Put SOLE   1,533 0 0
ANYWHERE REAL ESTATE INC COM 75605Y106   9,236,973 2,551,650 SH   SOLE   2,432,000 0 119,650
HEWLETT PACKARD ENTERPRISE C COM 42824C109   306,750 15,000 SH   SOLE   15,000 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   2,260,728 40,800 SH   SOLE   40,800 0 0
FIRST INTERNET BANCORP COM 320557101   1,240,440 46,113 SH   SOLE   41,923 0 4,190
INVESCO LTD SHS G491BT108   1,182,750 75,000 SH   SOLE   75,000 0 0
ISHARES TR RUS 2000 VAL ETF 464287630   459,870 2,915 SH   SOLE   0 0 2,915
JPMORGAN CHASE & CO. COM 46625H100   262,369 905 SH   SOLE   0 0 905
JACKSON FINANCIAL INC COM CL A 46817M107   9,824,614 110,650 SH   SOLE   109,600 0 1,050
KINGSTONE COS INC COM 496719105   4,159,606 269,929 SH   SOLE   267,629 0 2,300
KKR INCOME OPPORTUNITIES FD COM 48249T106   173,579 13,820 SH   SOLE   0 0 13,820
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107   919,964 1,624 SH   SOLE   0 0 1,624
META PLATFORMS INC CL A 30303M102   1,535,227 2,080 SH   SOLE   2,000 0 80
MICROSOFT CORP COM 594918104   221,347 445 SH   SOLE   0 0 445
NAVIENT CORPORATION COM 63938C108   453,950 32,195 SH   SOLE   0 0 32,195
NORTHEAST BK PORTLAND ME COM 66405S100   6,534,803 73,433 SH   SOLE   71,000 0 2,433
ORANGE CNTY BANCORP INC COM 68417L107   516,800 20,000 SH   SOLE   20,000 0 0
OFG BANCORP COM 67103X102   8,664,004 202,430 SH   SOLE   200,255 0 2,175
ONEMAIN HLDGS INC COM 68268W103   4,779,450 83,850 SH   SOLE   83,000 0 850
OP BANCORP COM 67109R109   3,303,006 254,273 SH   SOLE   254,273 0 0
OLD SECOND BANCORP INC ILL COM 680277100   5,906,533 332,950 SH   SOLE   330,400 0 2,550
PIONEER BANCORP INC MD COM 723561106   491,979 40,896 SH   SOLE   40,896 0 0
INVESCO EXCHANGE TRADED FD T BUYBACK ACHIEV 46137V308   1,008,082 8,156 SH   SOLE   0 0 8,156
PRIMERICA INC COM 74164M108   216,199 790 SH   SOLE   0 0 790
PAYPAL HLDGS INC COM 70450Y103   8,142,128 109,555 SH   SOLE   104,200 0 5,355
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   4,017,726 22,107 SH   SOLE   0 0 22,107
STIFEL FINL CORP COM 860630102   1,245,360 12,000 SH   SOLE   12,000 0 0
SLM CORP COM 78442P106   13,260,440 404,405 SH   SOLE   394,000 0 10,405
SOTHERLY HOTELS INC COM 83600C103   952,814 1,002,962 SH   SOLE   994,762 0 8,200
SYNCHRONY FINANCIAL COM 87165B103   840,924 12,600 SH   SOLE   12,600 0 0
TRUIST FINL CORP COM 89832Q109   2,493,420 58,000 SH   SOLE   58,000 0 0
UBS GROUP AG SHS H42097107   1,609,832 47,600 SH   SOLE   46,000 0 1,600
UBS GROUP AG CALL H42097907   1,545,270 2,711 SH Call SOLE   2,711 0 0
UMB FINL CORP COM 902788108   10,639,563 101,175 SH   SOLE   100,200 0 975
UNITY BANCORP INC COM 913290102   1,565,692 33,256 SH   SOLE   33,256 0 0
VISA INC COM CL A 92826C839   848,925 2,391 SH   SOLE   1,900 0 491
VICTORY CAP HLDGS INC COM CL A 92645B103   8,288,688 130,182 SH   SOLE   126,297 0 3,885
VIRTUS INVT PARTNERS INC COM 92828Q109   11,012,794 60,710 SH   SOLE   59,700 0 1,010
VANGUARD INDEX FDS TOTAL STK MKT 922908769   238,585 785 SH   SOLE   0 0 785
VIATRIS INC COM 92556V106   482,863 54,072 SH   SOLE   54,000 0 72
WESTERN ALLIANCE BANCORP COM 957638109   7,133,220 91,475 SH   SOLE   90,950 0 525
WEBSTER FINL CORP COM 947890109   4,062,240 74,400 SH   SOLE   74,400 0 0
WEX INC COM 96208T104   9,615,419 65,460 SH   SOLE   64,200 0 1,260
WISDOMTREE INC COM 97717P104   277,092 24,074 SH   SOLE   24,074 0 0
BLOCK INC CL A 852234103   2,133,002 31,400 SH   SOLE   31,400 0 0