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
QCR HOLDINGS INC COM 74727A104 15,093 319,638 SH   SOLE   319,638 0 0
HOMESTREET INC COM 43785V102 14,143 320,924 SH   SOLE   320,924 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 11,979 497,054 SH   SOLE   497,054 0 0
PREMIER FINANCIAL CORP COM 74052F108 11,624 349,475 SH   SOLE   349,475 0 0
COMERICA INC COM 200340107 11,087 154,544 SH   SOLE   154,544 0 0
ZIONS BANCORPORATION N A COM 989701107 10,766 195,895 SH   SOLE   195,895 0 0
CITIZENS FINANCIAL GROUP INC COM 174610105 10,474 237,228 SH   SOLE   237,228 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 10,369 209,720 SH   SOLE   209,720 0 0
WESTERN ALLIANCE BANCORP COM 957638109 10,357 109,672 SH   SOLE   109,672 0 0
KEYCORP COM 493267108 9,993 500,168 SH   SOLE   500,168 0 0
GREAT WESTN NATL BK PORTLAND COM 695263103 9,644 252,794 SH   SOLE   252,794 0 0
CADENCE BANCORPORATION CL A 12739A100 9,466 456,621 SH   SOLE   456,621 0 0
FIRST MIDWEST BANCORP DEL COM 320867104 9,401 429,051 SH   SOLE   429,051 0 0
CONNECTONE BANCORP INC COM 20786W107 9,397 370,695 SH   SOLE   370,695 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 9,005 403,459 SH   SOLE   403,459 0 0
WESBANCO INC COM 950810101 8,510 235,982 SH   SOLE   235,982 0 0
INVESTORS BANCORP INC NEW COM 46146L101 8,454 575,500 SH   SOLE   575,500 0 0
FIRST FNDTN INC COM 32026V104 8,331 355,097 SH   SOLE   355,097 0 0
FIRST WESTN FINL INC COM 33751L105 7,818 312,596 SH   SOLE   312,596 0 0
VALLEY NATL BANCORP COM 919794107 7,567 550,714 SH   SOLE   550,714 0 0
FIFTH THIRD BANCORP COM 316773100 6,999 186,900 SH   SOLE   186,900 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 6,683 75,381 SH   SOLE   75,381 0 0
MACATAWA BK CORP COM 554225102 6,468 650,072 SH   SOLE   650,072 0 0
WEBSTER FINL CORP CONN COM 947890109 5,683 103,116 SH   SOLE   103,116 0 0
TRISTATE CAP HLDGS INC COM 89678F100 5,403 234,319 SH   SOLE   234,319 0 0
HOWARD BANCORP INC COM 442496105 4,912 298,775 SH   SOLE   298,775 0 0
LAKELAND BANCORP INC COM 511637100 4,389 251,821 SH   SOLE   251,821 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 4,387 292,442 SH   SOLE   292,442 0 0
OCEANFIRST FINL CORP COM 675234108 4,350 181,711 SH   SOLE   181,711 0 0
FVCBANKCORP INC COM 36120Q101 4,000 230,941 SH   SOLE   230,941 0 0
SANDY SPRING BANCORP INC COM 800363103 3,947 90,881 SH   SOLE   90,881 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 3,746 121,318 SH   SOLE   121,318 0 0
CAMDEN NATL CORP COM 133034108 3,705 77,418 SH   SOLE   77,418 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,587 266,304 SH   SOLE   266,304 0 0
CBTX INC COM 12481V104 3,504 114,047 SH   SOLE   114,047 0 0
MERIDIAN BANCORP INC MD COM 58958U103 3,355 182,158 SH   SOLE   182,158 0 0
SELECT BANCORP INC NEW COM 81617L108 3,251 293,647 SH   SOLE   293,647 0 0
RIVERVIEW BANCORP INC COM 769397100 3,186 459,714 SH   SOLE   459,714 0 0
FIRST CMNTY CORP S C COM 319835104 2,996 150,186 SH   SOLE   150,186 0 0
HERITAGE COMM CORP COM 426927109 2,783 227,771 SH   SOLE   227,771 0 0
CALIFORNIA BANCORP INC COM 13005U101 2,630 147,663 SH   SOLE   147,663 0 0
MIDDLEFIELD BANC CORP COM NEW 596304204 1,887 90,024 SH   SOLE   90,024 0 0
MERCHANTS BANCORP IND COM 58844R108 1,589 37,893 SH   SOLE   37,893 0 0
LIMESTONE BANCORP INC COM 53262L105 1,515 95,576 SH   SOLE   95,576 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 1,349 65,278 SH   SOLE   65,278 0 0
FARMERS NATIONAL BANC CORP COM 309627107 765 45,830 SH   SOLE   45,830 0 0