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
HUNTINGTON BANCSHARES INC COM 446150104 16,830 1,127,996 SH   SOLE   1,127,996 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 10,252 1,060,219 SH   SOLE   1,060,219 0 0
MACATAWA BK CORP COM 554225102 11,099 947,838 SH   SOLE   947,838 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 13,554 809,171 SH   SOLE   809,171 0 0
UNITED SECURITY BANCSHARES C COM 911460103 7,932 714,633 SH   SOLE   714,633 0 0
KEYCORP NEW COM 493267108 13,183 662,776 SH   SOLE   662,776 0 0
NATIONAL BK HLDGS CORP CL A 633707104 21,198 563,036 SH   SOLE   563,036 0 0
FARMERS NATL BANC CORP COM 309627107 7,263 474,731 SH   SOLE   474,731 0 0
CITIZENS FINL GROUP INC COM 174610105 16,691 432,755 SH   SOLE   432,755 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 8,409 389,105 SH   SOLE   389,105 0 0
NATIONAL COMM CORP COM 63546L102 15,646 378,843 SH   SOLE   378,843 0 0
VERITEX HLDGS INC COM 923451108 10,285 363,947 SH   SOLE   363,947 0 0
LEGACY TEX FINL GROUP INC COM 52471Y106 15,088 354,174 SH   SOLE   354,174 0 0
FIRST CMNTY CORP S C COM 319835104 7,436 307,257 SH   SOLE   307,257 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 4,829 289,186 SH   SOLE   289,186 0 0
ORRSTOWN FINL SVCS INC COM 687380105 6,807 286,012 SH   SOLE   286,012 0 0
BANNER CORP COM NEW 06652V208 17,762 285,692 SH   SOLE   285,692 0 0
FVCBANKCORP INC COM 36120Q101 5,513 278,457 SH   SOLE   278,457 0 0
FCB FINL HLDGS INC CL A 30255G103 13,019 274,667 SH   SOLE   274,667 0 0
OLD LINE BANCSHARES INC COM 67984M100 8,384 264,985 SH   SOLE   264,985 0 0
SUNTRUST BKS INC COM 867914103 17,571 263,085 SH   SOLE   263,085 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 13,861 261,280 SH   SOLE   261,280 0 0
QCR HOLDINGS INC COM 74727A104 9,955 243,691 SH   SOLE   243,691 0 0
CENTRAL FED CORP COM NEW 15346Q202 3,564 229,928 SH   SOLE   229,928 0 0
PEOPLES BANCORP INC COM 709789101 7,970 227,510 SH   SOLE   227,510 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 13,499 224,418 SH   SOLE   224,418 0 0
COMERICA INC *W EXP 11/14/201 200340115 13,248 214,548 SH   SOLE   214,548 0 0
SOUTHERN FIRST BANCSHARES IN COM 842873101 8,096 206,004 SH   SOLE   206,004 0 0
BAYCOM CORP COM 07272M107 5,376 201,510 SH   SOLE   201,510 0 0
SELECT BANCORP INC NEW COM 81617L108 2,483 200,239 SH   SOLE   200,239 0 0
FIRST WESTN FINL INC COM 33751L105 3,371 192,713 SH   SOLE   192,713 0 0
OCEANFIRST FINL CORP COM 675234108 4,777 175,505 SH   SOLE   175,505 0 0
Old Second Bancorp Inc ILL COM 680277100 1,699 109,988 SH   SOLE   109,988 0 0
Independent BK Group Inc COM 45384B106 6,585 99,328 SH   SOLE   99,328 0 0
FINANCIAL INSTNS INC COM 317585404 2,959 94,229 SH   SOLE   94,229 0 0
ZIONS BANCORPORATION COM 989701107 3,704 73,856 SH   SOLE   73,856 0 0
BANKWELL FINL GROUP INC COM 06654A103 2,308 73,602 SH   SOLE   73,602 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 2,207 71,438 SH   SOLE   71,438 0 0
COMERICA INC COM 200340107 5,047 55,955 SH   SOLE   55,955 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 427 17,992 SH   SOLE   17,992 0 0