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
ATLANTIC CAP BANCSHARES INC COM 048269203 12,663 497,352 SH   SOLE   497,352 0 0
QCR HOLDINGS INC COM 74727A104 12,590 261,805 SH   SOLE   261,805 0 0
HOMESTREET INC COM 43785V102 10,790 264,861 SH   SOLE   264,861 0 0
WESTERN ALLIANCE BANCORP COM 957638109 9,067 97,652 SH   SOLE   97,652 0 0
PACWEST BANCORP DEL COM 695263103 8,939 217,176 SH   SOLE   217,176 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 8,254 301,125 SH   SOLE   301,125 0 0
INVESTORS BANCORP INC NEW COM 46146L101 8,207 575,500 SH   SOLE   575,500 0 0
INTERNATIONAL BANCSHARES COR COM 459044103 8,080 188,163 SH   SOLE   188,163 0 0
PREMIER FINANCIAL CORP COM 74052F108 7,814 275,044 SH   SOLE   275,044 0 0
CONNECTONE BANCORP INC COM 20786W107 7,553 288,623 SH   SOLE   288,623 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 7,375 158,975 SH   SOLE   158,975 0 0
DIME CMNTY BANCSHARES INC COM 25432X102 6,900 205,235 SH   SOLE   205,235 0 0
FIRST FNDTN INC COM 32026V104 6,802 302,179 SH   SOLE   302,179 0 0
CITIZENS FINL GROUP INC COM 174610105 6,772 147,633 SH   SOLE   147,633 0 0
KEYCORP COM 493267108 6,681 323,525 SH   SOLE   323,525 0 0
FIRST WESTN FINL INC COM 33751L105 6,680 258,019 SH   SOLE   258,019 0 0
VALLEY NATL BANCORP COM 919794107 6,269 466,780 SH   SOLE   466,780 0 0
MACATAWA BK CORP COM 554225102 5,657 646,503 SH   SOLE   646,503 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 5,323 60,294 SH   SOLE   60,294 0 0
CUSTOMERS BANCORP INC COM 23204G100 5,084 130,382 SH   SOLE   130,382 0 0
VERITEX HLDGS INC COM 923451108 4,981 140,674 SH   SOLE   140,674 0 0
UMPQUA HLDGS CORP COM 904214103 4,902 265,689 SH   SOLE   265,689 0 0
HOWARD BANCORP INC COM 442496105 4,819 298,775 SH   SOLE   298,775 0 0
HANCOCK WHITNEY CORPORATION COM 410120109 4,711 106,018 SH   SOLE   106,018 0 0
SPIRIT OF TEX BANCSHARES INC COM 84861D103 4,300 188,276 SH   SOLE   188,276 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 4,128 276,142 SH   SOLE   276,142 0 0
PEOPLES BANCORP INC COM 709789101 4,066 137,260 SH   SOLE   137,260 0 0
SANDY SPRING BANCORP INC COM 800363103 4,011 90,881 SH   SOLE   90,881 0 0
FVCBANKCORP INC COM 36120Q101 3,986 230,941 SH   SOLE   230,941 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,819 266,304 SH   SOLE   266,304 0 0
VIRGINIA NATL BANKSHARES COR COM 928031103 3,814 98,076 SH   SOLE   98,076 0 0
OCEANFIRST FINL CORP COM 675234108 3,787 181,711 SH   SOLE   181,711 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 3,769 121,318 SH   SOLE   121,318 0 0
1ST CONSTITUTION BANCORP COM 31986N102 3,725 180,017 SH   SOLE   180,017 0 0
CAMDEN NATL CORP COM 133034108 3,697 77,418 SH   SOLE   77,418 0 0
LIMESTONE BANCORP INC COM 53262L105 3,520 211,537 SH   SOLE   211,537 0 0
TRISTATE CAP HLDGS INC COM 89678F100 3,507 172,016 SH   SOLE   172,016 0 0
LAKELAND BANCORP INC COM 511637100 3,499 200,178 SH   SOLE   200,178 0 0
HomeTrust Bancshares Inc COM 437872104 3,471 124,395 SH   SOLE   124,395 0 0
RIVERVIEW BANCORP INC COM 769397100 3,259 459,714 SH   SOLE   459,714 0 0
CALIFORNIA BANCORP INC COM 13005U101 3,145 168,164 SH   SOLE   168,164 0 0
FIRST CMNTY CORP S C COM 319835104 3,034 150,186 SH   SOLE   150,186 0 0
HERITAGE COMM CORP COM 426927109 3,017 271,088 SH   SOLE   271,088 0 0
COMERICA INC COM 200340107 2,511 35,204 SH   SOLE   35,204 0 0
FIVE STAR BANCORP COM 33830T103 2,415 100,000 SH   SOLE   100,000 0 0
PCSB FINL CORP COM 69324R104 2,378 130,854 SH   SOLE   130,854 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 1,723 77,960 SH   SOLE   77,960 0 0
CAPITAL BANCORP INC MD COM 139737100 1,675 81,923 SH   SOLE   81,923 0 0
MERCHANTS BANCORP IND COM 58844R108 1,487 37,893 SH   SOLE   37,893 0 0
FARMERS NATIONAL BANC CORP COM 309627107 1,294 83,422 SH   SOLE   83,422 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 1,156 57,274 SH   SOLE   57,274 0 0
BANK PRINCETON NEW JERSEY COM 064520109 585 20,420 SH   SOLE   20,420 0 0