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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AMES NATL CORP COM 031001100   239,024 13,257 SH   SOLE   13,257 0 0
AUBURN NATL BANCORP COM 050473107   421,565 19,829 SH   SOLE   19,829 0 0
BANK MARIN BANCORP COM 063425102   500,043 28,299 SH   SOLE   28,299 0 0
BANK OF THE JAMES FINL GP IN COM 470299108   167,759 18,435 SH   SOLE   18,435 0 0
BANKFINANCIAL CORP COM 06643P104   97,342 11,900 SH   SOLE   11,900 0 0
BANNER CORP COM NEW 06652V208   528,407 12,100 SH   SOLE   12,100 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105   11,883,497 1,342,768 SH   SOLE   1,342,768 0 0
CALIFORNIA BANCORP INC COM 13005U101   1,054,110 70,274 SH   SOLE   70,274 0 0
CAPITAL BANCORP INC MD COM 139737100   405,585 22,408 SH   SOLE   22,408 0 0
CENTRAL VY CMNTY BANCORP COM 155685100   18,118,663 1,172,729 SH   SOLE   1,172,729 0 0
CHEMUNG FINL CORP COM 164024101   15,755,974 410,205 SH   SOLE   410,205 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104   685,821 77,493 SH   SOLE   77,493 0 0
CITIZENS FINL GROUP INC COM 174610105   12,683,591 486,334 SH   SOLE   486,334 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107   917,728 52,743 SH   SOLE   52,743 0 0
CODORUS VY BANCORP INC COM 192025104   7,464,625 380,654 SH   SOLE   380,654 0 0
COLONY BANKCORP INC COM 19623P101   9,345,441 992,085 SH   SOLE   992,085 0 0
COLUMBIA BKG SYS INC COM 197236102   5,504,945 271,447 SH   SOLE   271,447 0 0
COMERICA INC COM 200340107   41,260,927 974,054 SH   SOLE   974,054 0 0
COMMUNITY FINL CORP MD COM 20368X101   15,320,804 565,552 SH   SOLE   565,552 0 0
CVB FINL CORP COM 126600105   4,384,697 330,173 SH   SOLE   330,173 0 0
EAGLE BANCORP INC MD COM 268948106   721,556 34,100 SH   SOLE   34,100 0 0
EAGLE BANCORP MONT INC COM 26942G100   671,727 50,773 SH   SOLE   50,773 0 0
EVANS BANCORP INC COM NEW 29911Q208   4,038,685 162,001 SH   SOLE   162,001 0 0
FIFTH THIRD BANCORP COM 316773100   10,195,244 388,983 SH   SOLE   388,983 0 0
FINWARD BANCORP COM 31812F109   9,449,440 429,520 SH   SOLE   429,520 0 0
FIRST CMNTY CORP S C COM 319835104   11,292,229 650,474 SH   SOLE   650,474 0 0
FIRST FINL CORP IND COM 320218100   243,525 7,500 SH   SOLE   7,500 0 0
FIRST MERCHANTS CORP COM 320817109   635,175 22,500 SH   SOLE   22,500 0 0
FIRST MID ILL BANCSHARES INC COM 320866106   651,394 26,984 SH   SOLE   26,984 0 0
FIRST NATL CORP COM 32106V107   10,321,762 624,426 SH   SOLE   624,426 0 0
FIRST NORTHWEST BANCORP COM 335834107   3,188,096 280,149 SH   SOLE   280,149 0 0
FIRST SVGS FINL GROUP INC COM 33621E109   1,064,802 80,363 SH   SOLE   80,363 0 0
FIVE STAR BANCORP COM 33830T103   605,377 27,062 SH   SOLE   27,062 0 0
FRANKLIN FINL SVCS CORP COM 353525108   5,618,376 202,537 SH   SOLE   202,537 0 0
HEARTLAND FINL USA INC COM 42234Q102   919,710 33,000 SH   SOLE   33,000 0 0
HERITAGE COMM CORP COM 426927109   990,156 119,584 SH   SOLE   119,584 0 0
HERITAGE FINL CORP WASH COM 42722X106   505,862 31,284 SH   SOLE   31,284 0 0
HMN FINL INC COM 40424G108   911,645 48,647 SH   SOLE   48,647 0 0
HOMESTREET INC COM 43785V102   118,400 20,000 SH   SOLE   20,000 0 0
INVESTAR HLDG CORP COM 46134L105   11,797,986 974,235 SH   SOLE   974,235 0 0
KEYCORP COM 493267108   998,290 108,040 SH   SOLE   108,040 0 0
M & T BK CORP COM 55261F104   9,483,358 76,627 SH   SOLE   76,627 0 0
MERIDIAN CORPORATION COM 58958P104   4,360,912 444,991 SH   SOLE   444,991 0 0
MIDWESTONE FINL GROUP INC NE COM 598511103   1,108,868 51,889 SH   SOLE   51,889 0 0
OAK VY BANCORP OAKDALE CALIF COM 671807105   460,095 18,265 SH   SOLE   18,265 0 0
OCEANFIRST FINL CORP COM 675234108   529,049 33,870 SH   SOLE   33,870 0 0
OLD NATL BANCORP IND COM 680033107   529,720 38,000 SH   SOLE   38,000 0 0
ORRSTOWN FINL SVCS INC COM 687380105   728,102 38,021 SH   SOLE   38,021 0 0
PEOPLES BANCORP N C INC COM 710577107   10,208,015 561,806 SH   SOLE   561,806 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   2,016,740 35,600 SH   SOLE   35,600 0 0
PRIMIS FINANCIAL CORP COM 74167B109   279,460 33,190 SH   SOLE   33,190 0 0
RBB BANCORP COM 74930B105   179,661 15,047 SH   SOLE   15,047 0 0
RIVERVIEW BANCORP INC COM 769397100   2,926,380 580,631 SH   SOLE   580,631 0 0
SHORE BANCSHARES INC COM 825107105   22,899,447 1,980,921 SH   SOLE   1,980,921 0 0
SIERRA BANCORP COM 82620P102   985,024 58,045 SH   SOLE   58,045 0 0
SOUTHERN CALIF BANCORP COM 84252A106   23,968,771 1,746,995 SH   SOLE   1,746,995 0 0
SOUTHERN STS BANCSHARES INC COM 843878307   6,134,298 290,725 SH   SOLE   290,725 0 0
SUMMIT FINL GROUP INC COM 86606G101   423,737 20,510 SH   SOLE   20,510 0 0
SYNOVUS FINL CORP COM NEW 87161C501   1,999,525 66,100 SH   SOLE   66,100 0 0
TIMBERLAND BANCORP INC COM 887098101   4,434,626 173,363 SH   SOLE   173,363 0 0
TRUIST FINL CORP COM 89832Q109   11,143,033 367,151 SH   SOLE   367,151 0 0
UNITY BANCORP INC COM 913290102   1,138,501 48,262 SH   SOLE   48,262 0 0
US BANCORP DEL COM NEW 902973304   41,769,036 1,264,196 SH   SOLE   1,264,196 0 0
VERITEX HLDGS INC COM 923451108   1,969,198 109,827 SH   SOLE   109,827 0 0
WEBSTER FINL CORP COM 947890109   3,171,000 84,000 SH   SOLE   84,000 0 0
WESTERN ALLIANCE BANCORP COM 957638109   550,697 15,100 SH   SOLE   15,100 0 0
WESTERN NEW ENG BANCORP INC COM 958892101   1,084,249 185,659 SH   SOLE   185,659 0 0