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   5,075,801 397,168 SH   SOLE   397,168 0 0
BANNER CORP COM NEW 06652V208   3,096,642 62,382 SH   SOLE   62,382 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105   717,163 274,775 SH   SOLE   274,775 0 0
CALIFORNIA BANCORP INC COM 13005U101   1,495,605 69,563 SH   SOLE   69,563 0 0
CARTER BANKSHARES INC COM NEW 146103106   6,000,720 396,873 SH   SOLE   396,873 0 0
CB FINL SVCS INC COM 12479G101   4,876,387 215,198 SH   SOLE   215,198 0 0
CITIZENS FINL GROUP INC COM 174610105   1,493,588 41,454 SH   SOLE   41,454 0 0
CNB FINL CORP PA COM 126128107   3,862,409 189,241 SH   SOLE   189,241 0 0
CODORUS VY BANCORP INC COM 192025104   4,999,406 207,962 SH   SOLE   207,962 0 0
COLONY BANKCORP INC COM 19623P101   5,807,272 474,063 SH   SOLE   474,063 0 0
COLUMBIA BKG SYS INC COM 197236102   1,785,724 89,780 SH   SOLE   89,780 0 0
COMERICA INC COM 200340107   1,115,479 21,855 SH   SOLE   21,855 0 0
EAGLE BANCORP MONT INC COM 26942G100   3,071,740 231,480 SH   SOLE   231,480 0 0
EQUITY BANCSHARES INC COM CL A 29460X109   2,019,213 57,364 SH   SOLE   57,364 0 0
F N B CORP COM 302520101   1,619,999 118,421 SH   SOLE   118,421 0 0
FIRST BANCORP N C COM 318910106   1,257,652 39,400 SH   SOLE   39,400 0 0
FIRST BANCSHARES INC MS COM 318916103   5,251,727 202,145 SH   SOLE   202,145 0 0
FIRST BK WILLIAMSTOWN NEW JE COM 31931U102   1,970,368 154,660 SH   SOLE   154,660 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   8,948,387 5,315 SH   SOLE   5,315 0 0
FIRST MERCHANTS CORP COM 320817109   3,130,825 94,047 SH   SOLE   94,047 0 0
FIRST NATL CORP COM 32106V107   4,730,774 311,440 SH   SOLE   311,440 0 0
FIRST NORTHWEST BANCORP COM 335834107   2,545,534 262,697 SH   SOLE   262,697 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   4,123,807 86,218 SH   SOLE   86,218 0 0
HANMI FINL CORP COM NEW 410495204   1,198,005 71,651 SH   SOLE   71,651 0 0
HOMESTREET INC COM 43785V102   5,448,755 477,961 SH   SOLE   477,961 0 0
HOMETRUST BANCSHARES INC COM 437872104   2,327,175 77,495 SH   SOLE   77,495 0 0
INVESTAR HLDG CORP COM 46134L105   2,649,462 172,043 SH   SOLE   172,043 0 0
MID PENN BANCORP INC COM 59540G107   4,326,586 197,111 SH   SOLE   197,111 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   2,945,792 36,804 SH   SOLE   36,804 0 0
PRIMIS FINANCIAL CORP COM 74167B109   1,140,235 108,801 SH   SOLE   108,801 0 0
SB FINL GROUP INC COM 78408D105   3,719,940 265,710 SH   SOLE   265,710 0 0
SHORE BANCSHARES INC COM 825107105   1,688,726 147,487 SH   SOLE   147,487 0 0
SOUTHERN CALIF BANCORP COM 84252A106   1,144,950 85,000 SH   SOLE   85,000 0 0
SOUTHSTATE CORPORATION COM 840441109   1,965,140 25,715 SH   SOLE   25,715 0 0
SYNOVUS FINL CORP COM NEW 87161C501   3,064,608 76,253 SH   SOLE   76,253 0 0
WEBSTER FINL CORP COM 947890109   3,002,261 68,875 SH   SOLE   68,875 0 0
WESTERN ALLIANCE BANCORP COM 957638109   2,655,590 42,273 SH   SOLE   42,273 0 0
WINTRUST FINL CORP COM 97650W108   2,932,160 29,750 SH   SOLE   29,750 0 0