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
BANC OF CALIFORNIA INC COM 05990K106   4,916,934 397,168 SH   SOLE   397,168 0 0
BANNER CORP COM NEW 06652V208   2,601,369 61,382 SH   SOLE   61,382 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105   1,241,983 274,775 SH   SOLE   274,775 0 0
CALIFORNIA BANCORP INC COM 13005U101   1,398,216 69,563 SH   SOLE   69,563 0 0
CARTER BANKSHARES INC COM NEW 146103106   4,972,819 396,873 SH   SOLE   396,873 0 0
CB FINL SVCS INC COM 12479G101   4,605,237 215,198 SH   SOLE   215,198 0 0
CITIZENS FINL GROUP INC COM 174610105   1,700,567 63,454 SH   SOLE   63,454 0 0
CNB FINL CORP PA COM 126128107   1,227,315 67,770 SH   SOLE   67,770 0 0
CODORUS VY BANCORP INC COM 192025104   3,876,412 207,962 SH   SOLE   207,962 0 0
COLONY BANKCORP INC COM 19623P101   4,738,260 474,063 SH   SOLE   474,063 0 0
COLUMBIA BKG SYS INC COM 197236102   1,599,234 78,780 SH   SOLE   78,780 0 0
COMERICA INC COM 200340107   2,440,024 58,725 SH   SOLE   58,725 0 0
EAGLE BANCORP MONT INC COM 26942G100   2,754,612 231,480 SH   SOLE   231,480 0 0
F N B CORP COM 302520101   1,277,763 118,421 SH   SOLE   118,421 0 0
FIRST BANCORP N C COM 318910106   1,530,820 54,400 SH   SOLE   54,400 0 0
FIRST BANCSHARES INC MS COM 318916103   4,571,469 169,502 SH   SOLE   169,502 0 0
FIRST BK WILLIAMSTOWN NEW JE COM 31931U102   1,667,235 154,660 SH   SOLE   154,660 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   8,211,595 5,950 SH   SOLE   5,950 0 0
FIRST MERCHANTS CORP COM 320817109   2,616,388 94,047 SH   SOLE   94,047 0 0
FIRST NATL CORP COM 32106V107   5,484,458 311,440 SH   SOLE   311,440 0 0
FIRST NORTHWEST BANCORP COM 335834107   3,223,292 262,697 SH   SOLE   262,697 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   4,483,854 121,218 SH   SOLE   121,218 0 0
HANMI FINL CORP COM NEW 410495204   1,162,896 71,651 SH   SOLE   71,651 0 0
HOMETRUST BANCSHARES INC COM 437872104   1,679,317 77,495 SH   SOLE   77,495 0 0
INVESTAR HLDG CORP COM 46134L105   1,821,935 172,043 SH   SOLE   172,043 0 0
MERIDIAN CORPORATION COM 58958P104   2,509,146 256,166 SH   SOLE   256,166 0 0
MID PENN BANCORP INC COM 59540G107   3,967,844 197,111 SH   SOLE   197,111 0 0
MIDWEST HLDG INC COM NEW 59833J206   2,604,383 99,594 SH   SOLE   99,594 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   1,757,700 155,000 SH   SOLE   155,000 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   3,084,108 46,004 SH   SOLE   46,004 0 0
PRIMIS FINANCIAL CORP COM 74167B109   886,729 108,801 SH   SOLE   108,801 0 0
SB FINL GROUP INC COM 78408D105   3,587,085 265,710 SH   SOLE   265,710 0 0
SHORE BANCSHARES INC COM 825107105   1,551,563 147,487 SH   SOLE   147,487 0 0
SOUTHERN CALIF BANCORP COM 84252A106   1,190,850 85,000 SH   SOLE   85,000 0 0
SOUTHSTATE CORPORATION COM 840441109   1,732,162 25,715 SH   SOLE   25,715 0 0
SYNOVUS FINL CORP COM NEW 87161C501   2,649,840 95,318 SH   SOLE   95,318 0 0
WEBSTER FINL CORP COM 947890109   2,776,351 68,875 SH   SOLE   68,875 0 0
WESTERN ALLIANCE BANCORP COM 957638109   2,862,690 62,273 SH   SOLE   62,273 0 0
WINTRUST FINL CORP COM 97650W108   2,246,125 29,750 SH   SOLE   29,750 0 0