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
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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
1ST FINL BANCORP COM 320209109   2,135,915 76,611 SH   SOLE N/A 76,611 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   4,456,800 40,000 SH   SOLE N/A 40,000 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   4,456,800 40,000 SH Put SOLE N/A 40,000 0 0
ARES CAPITAL CORP COM 04010L103   3,338,349 185,258 SH   SOLE N/A 185,258 0 0
ARES CAPITAL CORP COM 04010L103   3,604,000 200,000 SH Put SOLE N/A 200,000 0 0
ASSOCIATED BANC-CORP COM 045487105   3,879,000 150,000 SH   SOLE N/A 150,000 0 0
BANC OF CALIFORNIA INC COM 05990K106   12,745,500 725,000 SH   SOLE N/A 725,000 0 0
BANK AMERICA CORP COM 060505104   2,193,750 45,000 SH   SOLE N/A 45,000 0 0
BANK AMERICA CORP COM 060505104   3,168,750 65,000 SH Put SOLE N/A 65,000 0 0
BANKUNITED INC COM 06652K103   225,800 5,000 SH   SOLE N/A 5,000 0 0
BANNER CORP COM NEW 06652V208   3,640,800 60,000 SH   SOLE N/A 60,000 0 0
BEACON FINANCIAL CORP. COM 084680107   11,844,840 394,828 SH   SOLE N/A 394,828 0 0
CBRE GROUP INC CL A 12504L109   2,350,231 17,350 SH   SOLE N/A 17,350 0 0
CBRE GROUP INC CL A 12504L109   2,709,200 20,000 SH Put SOLE N/A 20,000 0 0
CITIGROUP INC COM NEW 172967424   283,525 2,500 SH   SOLE N/A 2,500 0 0
COLUMBIA BKG SYS INC COM 197236102   3,060,804 111,586 SH   SOLE N/A 111,586 0 0
COMMERCE BANCSHARES INC COM 200525103   4,182,000 85,000 SH   SOLE N/A 85,000 0 0
ELLINGTON FINANCIAL INC COM 28852N109   2,091,525 176,500 SH   SOLE N/A 176,500 0 0
F N B CORP COM 302520101   2,440,769 145,979 SH   SOLE N/A 145,979 0 0
F&G ANNUITIES & LIFE INC COMMON STOCK 30190A104   379,800 15,000 SH   SOLE N/A 15,000 0 0
FIDELITY NATL FINL INC COM SHS 31620R303   8,492,178 183,100 SH   SOLE N/A 183,100 0 0
FIDELITY NATL FINL INC COM SHS 31620R303   8,812,200 190,000 SH Put SOLE N/A 190,000 0 0
FINANCIAL INSTITUTIONS INC COM 317585404   1,585,500 50,000 SH   SOLE N/A 50,000 0 0
FIRST BANCORP CORPORATION COM NEW 318672706   1,380,839 64,646 SH   SOLE N/A 64,646 0 0
FIRST BUSEY CORP COM NEW 319383204   505,400 20,000 SH   SOLE N/A 20,000 0 0
FLAGSTAR BANK NATIONAL ASSOC COM NEW 649445400   2,194,991 166,666 SH   SOLE N/A 166,666 0 0
FULTON FINL CORP PA COM 360271100   955,980 47,000 SH   SOLE N/A 47,000 0 0
GLOBE LIFE INC COM 37959E102   347,925 2,500 SH   SOLE N/A 2,500 0 0
HORIZON BANCORP IND COM 440407104   1,961,424 118,372 SH   SOLE N/A 118,372 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   54,697,200 285,000 SH Put SOLE N/A 285,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   4,121,065 7,140 SH   SOLE N/A 7,140 0 0
INVESCO QQQ TR UNIT SER 1 46090E103   5,771,800 10,000 SH Put SOLE N/A 10,000 0 0
ISHARES TR MORTGE REL ETF 46435G342   2,147,000 100,000 SH Put SOLE N/A 100,000 0 0
JONES LANG LASALLE INC COM 48020Q107   527,387 1,733 SH   SOLE N/A 1,733 0 0
JPMORGAN CHASE & CO COM 46625H100   3,971,160 13,500 SH   SOLE N/A 13,500 0 0
JPMORGAN CHASE & CO COM 46625H100   5,883,200 20,000 SH Put SOLE N/A 20,000 0 0
NBT BANCORP INC COM 628778102   220,053 5,168 SH   SOLE N/A 5,168 0 0
NORTHRIM BANCORP INC COM 666762109   1,156,355 50,540 SH   SOLE N/A 50,540 0 0
NORTHWEST BANCSHARES INC COM 667340103   1,928,436 151,965 SH   SOLE N/A 151,965 0 0
OFG BANCORP COM 67103X102   2,500,185 61,794 SH   SOLE N/A 61,794 0 0
OLD NATL BANCORP IND COM 680033107   4,199,000 190,000 SH   SOLE N/A 190,000 0 0
PROGRESSIVE CORP COM 743315103   297,360 1,500 SH   SOLE N/A 1,500 0 0
RITHM CAPITAL CORP COM NEW 64828T201   3,846,102 405,707 SH   SOLE N/A 405,707 0 0
RITHM CAPITAL CORP COM NEW 64828T201   4,266,000 450,000 SH Put SOLE N/A 450,000 0 0
S&P GLOBAL INC COM 78409V104   2,828,511 6,650 SH   SOLE N/A 6,650 0 0
S&P GLOBAL INC COM 78409V104   3,190,050 7,500 SH Put SOLE N/A 7,500 0 0
SCHWAB CHARLES CORP COM 808513105   2,723,258 28,977 SH   SOLE N/A 28,977 0 0
SCHWAB CHARLES CORP COM 808513105   3,054,350 32,500 SH Put SOLE N/A 32,500 0 0
SELECT SECTOR SPDR TR STATE STREET FIN 81369Y605   9,232,190 187,000 SH   SOLE N/A 187,000 0 0
SELECT SECTOR SPDR TR STATE STREET FIN 81369Y605   12,342,500 250,000 SH Put SOLE N/A 250,000 0 0
SOUTHSIDE BANCSHARES INC COM 84470P109   466,350 15,000 SH   SOLE N/A 15,000 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A789   550,000 10,000 SH Put SOLE N/A 10,000 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A698   23,779,750 365,000 SH Put SOLE N/A 365,000 0 0
SPDR SERIES TRUST STATE STREET SPD 78464A698   1,628,750 25,000 SH Call SOLE N/A 25,000 0 0
TAYLOR MORRISON HOME CORP COM 87724P106   349,440 6,000 SH   SOLE N/A 6,000 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   2,131,378 63,302 SH   SOLE N/A 63,302 0 0
UMB FINL CORP COM 902788108   2,364,981 20,968 SH   SOLE N/A 20,968 0 0
WESBANCO INC COM 950810101   258,675 7,500 SH   SOLE N/A 7,500 0 0