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
1ST BUSEY CORP COM 319383204   12,435,696 492,113 SH   SOLE   492,113 0 0
AMERICAN BUSINESS BK LA CALIF COM 02475L105   3,302,864 46,552 SH   SOLE   46,552 0 0
ASSOCIATED BANC-CORP COM 045487105   21,311,329 824,104 SH   SOLE   824,104 0 0
BRIDGEWATER BANCSHARES INC COM 108621103   7,619,071 430,456 SH   SOLE   430,456 0 0
CF BANKSHARES INC COM 12520L109   3,499,272 125,377 SH   SOLE   125,377 0 0
CHEMUNG FINANCIAL COM 164024101   1,133,934 21,069 SH   SOLE   21,069 0 0
CITIZENS CMNTY BAN COM 174903104   3,213,778 162,312 SH   SOLE   162,312 0 0
COLUMBIA BANKING SYSTEM, INC. COM 197236102   6,577,632 239,797 SH   SOLE   239,797 0 0
F.N.B. CORPORATION COM 302520101   20,188,029 1,207,418 SH   SOLE   1,207,418 0 0
FARMERS & MERCHANTS BANK (OHIO) COM 30779N105   1,764,710 68,746 SH   SOLE   68,746 0 0
FIRST BANCORP INC COM 31866P102   1,361,838 48,585 SH   SOLE   48,585 0 0
FIRST MID BANCSHARES INC COM 320866106   6,490,761 157,581 SH   SOLE   157,581 0 0
FULTON FINANCIAL CORPORATION COM 360271100   17,092,088 840,319 SH   SOLE   840,319 0 0
FVCBANKCORP INC COM 36120Q101   3,025,529 199,179 SH   SOLE   199,179 0 0
HANMI FINANCIAL CO COM 410495204   23,248,387 881,957 SH   SOLE   881,957 0 0
HERITAGE FINANCIAL COM 42722X106   8,591,934 330,459 SH   SOLE   330,459 0 0
HOPE BANCORP INC COM 43940T109   28,989,289 2,595,281 SH   SOLE   2,595,281 0 0
HUNTINGTON BANCSHARES INCORPORATED COM 446150104   13,798,261 881,678 SH   SOLE   881,678 0 0
JOHN MARSHALL BANCORP INC COM 47805L101   2,404,802 118,580 SH   SOLE   118,580 0 0
MID PENN BANCORP, INC. COM 59540G107   7,463,436 232,072 SH   SOLE   232,072 0 0
MIDLAND STATES BANCORP INC COM 597742105   7,145,625 320,288 SH   SOLE   320,288 0 0
NATIONAL BANKSHARE COM 634865109   2,561,553 70,353 SH   SOLE   70,353 0 0
NORTHWEST BANCSHAR COM 667340103   6,595,082 519,707 SH   SOLE   519,707 0 0
OLD NATIONAL BANCORP COM 680033107   6,456,405 292,145 SH   SOLE   292,145 0 0
PARKE BANCORP INC COM 700885106   6,468,554 227,766 SH   SOLE   227,766 0 0
PCB BANK COM 69320M109   9,580,380 425,984 SH   SOLE   425,984 0 0
PINNACLE FINL PARTNERS INC COM COM 72348N109   2,579,721 29,948 SH   SOLE   29,948 0 0
QCR HOLDINGS INC COM 74727A104   11,392,536 133,324 SH   SOLE   133,324 0 0
RBB BANCORP COM 74930B105   7,240,370 338,810 SH   SOLE   338,810 0 0
SIMMONS FIRST NATL COM 828730200   14,137,874 726,883 SH   SOLE   726,883 0 0
SOUTHERN FIRST BAN COM 842873101   11,451,595 210,121 SH   SOLE   210,121 0 0
ST STR SPDR S&P REGIONAL BANKING ETF COM 78464A698   5,931,777 91,048 SH   SOLE   91,048 0 0
TOMPKINS FINL CORP COM 890110109   13,161,628 166,941 SH   SOLE   166,941 0 0
TOWNEBANK COM 89214P109   9,686,253 287,682 SH   SOLE   287,682 0 0
TRUIST FINANCIAL CORP COM 89832Q109   5,888,343 128,091 SH   SOLE   128,091 0 0
WESBANCO INC COM 950810101   24,271,406 703,723 SH   SOLE   703,723 0 0
WEST BANCORP COM 95123P106   5,329,864 224,038 SH   SOLE   224,038 0 0
WEX INC COM 96208T104   9,366,813 61,205 SH   SOLE   61,205 0 0
ZIONS BANCORPORATION N A COM 989701107   6,605,845 114,645 SH   SOLE   114,645 0 0