Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
WAL	WESTERN ALLIANCE BANCORP	522,300	$31.31M	5.0%	$59.95 *	$40.06	+9.0%	COM	957638109
—	INDEPENDENT BK GROUP INC	430,296	$26.9M	4.3%	$62.52	$34.70	—	COM	45384B106
USB	US BANCORP DEL	571,500	$26.63M	4.3%	$46.59 *	$31.02	+9.1%	COM NEW	902973304
—	PACIFIC PREMIER BANCORP	780,216	$24.44M	3.9%	$31.33	$25.21	—	COM	69478X105
—	SVB FINANCIAL GROUP	62,988	$24.43M	3.9%	$387.84	$140.80	—	COM	78486Q101
SYF	SYNCHRONY FINANCIAL	700,800	$24.32M	3.9%	$34.71 *	$22.79	+17.3%	COM	87165B103
—	CADENCE BANCORPORATION	1,431,527	$23.51M	3.8%	$16.42	$12.58	—	CL A	12739A100
WFC	WELLS FARGO CO NEW	764,800	$23.08M	3.7%	$30.18 *	$23.04	0.0%	COM	949746101
INBK	FIRST INTERNET BANCORP	766,583	$22.03M	3.5%	$28.74 *	$28.19	-14.9%	COM	320557101
TFC	TRUIST FINL CORP	420,200	$20.14M	3.2%	$47.93 *	$27.81	+28.3%	COM	89832Q109
RF	REGIONS FINANCIAL CORP NEW	1,212,082	$19.54M	3.1%	$16.12 *	$11.49	+2.4%	COM	7591EP100
FISV	FISERV INC	161,700	$18.41M	2.9%	$113.86 *	$100.87	+6.8%	COM	337738108
—	PACWEST BANCORP DEL	691,200	$17.56M	2.8%	$25.40	$20.40	—	COM	695263103
HWC	HANCOCK WHITNEY CORPORATION	499,068	$16.98M	2.7%	$34.02 *	$40.65	-33.7%	COM	410120109
FIS	FIDELITY NATL INFORMATION SV	111,150	$15.72M	2.5%	$141.46 *	$112.93	+12.9%	COM	31620M106
PYPL	PAYPAL HLDGS INC	66,900	$15.67M	2.5%	$234.20 *	$90.72	+127.9%	COM	70450Y103
CFG	CITIZENS FINL GROUP INC	426,336	$15.25M	2.4%	$35.76 *	$24.80	+1.9%	COM	174610105
PB	PROSPERITY BANCSHARES INC	206,800	$14.34M	2.3%	$69.36 *	$50.83	+2.1%	COM	743606105
—	FIRST BANCSHARES INC MS	463,898	$14.32M	2.3%	$30.88	$23.47	—	COM	318916103
BAC	BK OF AMERICA CORP	464,489	$14.08M	2.3%	$30.31 *	$17.13	+38.1%	COM	060505104
—	FOLEY TRASIMENE ACQUISITION	927,257	$14M	2.2%	$15.10	$15.10	—	COM CL A	344328109
EWBC	EAST WEST BANCORP INC	268,565	$13.62M	2.2%	$50.71 *	$32.77	+13.5%	COM	27579R104
FBP	FIRST BANCORP P R	1,414,621	$13.04M	2.1%	$9.22 *	$5.16	+25.7%	COM NEW	318672706
ZION	ZIONS BANCORPORATION N A	283,629	$12.32M	2.0%	$43.44 *	$28.05	+31.8%	COM	989701107
UCB	UNITED CMNTY BKS BLAIRSVLE G	432,452	$12.3M	2.0%	$28.44 *	$20.04	+17.8%	COM	90984P303
ABCB	AMERIS BANCORP	316,100	$12.03M	1.9%	$38.07 *	$21.64	+39.8%	COM	03076K108
AGNC	AGNC INVT CORP	724,900	$11.31M	1.8%	$15.60	$10.58	—	COM	00123Q104
AX	AXOS FINANCIAL INC	298,597	$11.21M	1.8%	$37.53 *	$37.89	-16.6%	COM	05465C100
—	SOUTH ST CORP	142,590	$10.31M	1.7%	$72.30	$47.85	—	COM	840441109
—	PINNACLE FINL PARTNERS INC	154,099	$9.924M	1.6%	$64.40	$37.62	—	COM	72346Q104
HOMB	HOME BANCSHARES INC	484,200	$9.432M	1.5%	$19.48 *	$14.05	+29.2%	COM	436893200
—	VERITEX HLDGS INC	365,610	$9.382M	1.5%	$25.66	$25.25	—	COM	923451108
PFBC	PREFERRED BK LOS ANGELES CA	181,302	$9.15M	1.5%	$50.47 *	$19.94	+95.8%	COM NEW	740367404
TFSL	TFS FINL CORP	515,458	$9.088M	1.5%	$17.63 *	$6.32	+76.3%	COM	87240R107
ISTR	INVESTAR HLDG CORP	484,975	$8.021M	1.3%	$16.54 *	$23.52	-34.6%	COM	46134L105
FNB	F N B CORP	807,191	$7.668M	1.2%	$9.50 *	$10.85	-35.4%	COM	302520101
—	CAMBRIDGE BANCORP	104,048	$7.257M	1.2%	$69.75	$80.36	—	COM	132152109
—	FOLEY TRASIMENE ACQUISTN COR	554,459	$6.199M	1.0%	$11.18	$11.18	—	COM CL A	34431F104
OSBC	OLD SECOND BANCORP INC ILL	489,671	$4.946M	0.8%	$10.10 *	$6.64	+33.0%	COM	680277100
—	TCF FINL CORP	127,910	$4.735M	0.8%	$37.02	$35.74	—	COM	872307103
—	COMMUNITY BANKERS TR CORP	650,931	$4.394M	0.7%	$6.75	$3.75	—	COM	203612106
SFST	SOUTHERN FIRST BANCSHARES	114,435	$4.045M	0.6%	$35.35 *	$30.80	0.0%	COM	842873101
—	SYNOVUS FINL CORP	115,290	$3.732M	0.6%	$32.37	$33.16	—	COM NEW	87161C501
OPBK	OP BANCORP	373,396	$2.875M	0.5%	$7.70 *	$10.42	-33.3%	COM	67109R109
—	FG NEW AMER ACQUISITION CORP	265,240	$2.7M	0.4%	$10.18	$10.18	—	COM	30259V106
—	1ST CONSTITUTION BANCORP	148,501	$2.357M	0.4%	$15.87	$19.59	—	COM	31986N102