Location: New York, NY
CIK: 0001040762 · Show all filings
Period: Q1 2020 (← Previous) (Next →)
Filing Date: May 15, 2020
Total Value: $700M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| ZION | ZIONS BANCORPORATION N A | 788,518 | $21.1M | 3.0% | $26.76 | — | — | COM | 989701107 |
| C | CITIGROUP INC | 485,000 | $20.43M | 2.9% | $42.12 | — | — | COM NEW | 172967424 |
| MS | MORGAN STANLEY | 520,000 | $17.68M | 2.5% | $34.00 | — | — | COM NEW | 617446448 |
| — | TCF FINANCIAL CORPORATION NE | 754,029 | $17.09M | 2.4% | $22.66 | — | — | COM | 872307103 |
| LEN/B | LENNAR CORP | 535,000 | $15.47M | 2.2% | $28.92 | — | — | CL B | 526057302 |
| ABCB | AMERIS BANCORP | 616,121 | $14.64M | 2.1% | $23.76 | — | — | COM | 03076K108 |
| WTFC | WINTRUST FINL CORP | 405,133 | $13.31M | 1.9% | $32.86 | — | — | COM | 97650W108 |
| CIVB | CIVISTA BANCSHARES INC | 781,700 | $11.69M | 1.7% | $14.96 | — | — | COM NO PAR | 178867107 |
| VCTR | VICTORY CAP HLDGS INC | 701,700 | $11.48M | 1.6% | $16.36 | — | — | COM CL A | 92645B103 |
| — | HARBORONE BANCORP INC NEW | 1,495,000 | $11.26M | 1.6% | $7.53 | — | — | COM NEW | 41165Y100 |
| — | STERLING BANCORP DEL | 1,042,435 | $10.89M | 1.6% | $10.45 | — | — | COM | 85917A100 |
| — | LAKELAND BANCORP INC | 1,000,293 | $10.81M | 1.5% | $10.81 | — | — | COM | 511637100 |
| — | LUTHER BURBANK CORP | 1,123,853 | $10.31M | 1.5% | $9.17 | — | — | COM | 550550107 |
| FMBH | FIRST MID BANCSHARES INC | 425,000 | $10.09M | 1.4% | $23.74 | — | — | COM | 320866106 |
| — | ESSA BANCORP INC | 730,820 | $9.976M | 1.4% | $13.65 | — | — | COM | 29667D104 |
| ISTR | INVESTAR HLDG CORP | 781,068 | $9.974M | 1.4% | $12.77 | — | — | COM | 46134L105 |
| IBCP | INDEPENDENT BANK CORP MICH | 731,734 | $9.417M | 1.3% | $12.87 | — | — | COM NEW | 453838609 |
| KEY | KEYCORP | 890,296 | $9.232M | 1.3% | $10.37 | — | — | COM | 493267108 |
| QNBC | QNB Corporation | 319,919 | $8.99M | 1.3% | $28.10 | — | — | Not 13-F Security | 74726N107 |
| — | FIRST DEFIANCE FINL CORP | 607,230 | $8.951M | 1.3% | $14.74 | — | — | COM | 32006W106 |
| SPFI | SOUTH PLAINS FINANCIAL INC | 548,750 | $8.5M | 1.2% | $15.49 | — | — | COM | 83946P107 |
| ALRS | ALERUS FINL CORP | 508,804 | $8.405M | 1.2% | $16.52 | — | — | COM | 01446U103 |
| HTH | HILLTOP HOLDINGS INC | 553,171 | $8.364M | 1.2% | $15.12 | — | — | COM | 432748101 |
| FISV | FISERV INC | 85,800 | $8.15M | 1.2% | $94.99 | — | — | COM | 337738108 |
| — | INVESTORS BANCORP INC NEW | 1,002,324 | $8.009M | 1.1% | $7.99 | — | — | COM | 46146L101 |
| BKU | BANKUNITED INC | 422,588 | $7.902M | 1.1% | $18.70 | — | — | COM | 06652K103 |
| — | APOLLO GLOBAL MGMT INC | 224,400 | $7.517M | 1.1% | $33.50 | — | — | COM CL A | 03768E105 |
| VLY | VALLEY NATL BANCORP | 1,001,500 | $7.321M | 1.0% | $7.31 | — | — | COM | 919794107 |
| FOR | FORESTAR GROUP INC | 698,667 | $7.231M | 1.0% | $10.35 | — | — | COM | 346232101 |
| HOMB | HOME BANCSHARES INC | 600,089 | $7.195M | 1.0% | $11.99 | — | — | COM | 436893200 |
| — | CODORUS VY BANCORP INC | 442,628 | $7.126M | 1.0% | $16.10 | — | — | COM | 192025104 |
| FFBC | FIRST FINL BANCORP OH | 476,300 | $7.102M | 1.0% | $14.91 | — | — | COM | 320209109 |
| HTB | HOMETRUST BANCSHARES INC | 445,303 | $7.089M | 1.0% | $15.92 | — | — | COM | 437872104 |
| — | INDEPENDENT BK GROUP INC | 290,230 | $6.873M | 1.0% | $23.68 | — | — | COM | 45384B106 |
| TFIN | TRIUMPH BANCORP INC | 260,000 | $6.76M | 1.0% | $26.00 | — | — | COM | 89679E300 |
| PYPL | PAYPAL HLDGS INC | 69,700 | $6.673M | 1.0% | $95.74 | — | — | COM | 70450Y103 |
| — | SANDY SPRING BANCORP INC | 294,502 | $6.668M | 1.0% | $22.64 | — | — | COM | 800363103 |
| — | COMMUNITY BANKERS TR CORP | 1,335,332 | $6.476M | 0.9% | $4.85 | — | — | COM | 203612106 |
| — | BOSTON PRIVATE FINL HLDGS IN | 897,655 | $6.418M | 0.9% | $7.15 | — | — | COM | 101119105 |
| — | HOWARD HUGHES CORP | 122,500 | $6.189M | 0.9% | $50.52 | — | — | COM | 44267D107 |
| FITB | FIFTH THIRD BANCORP | 370,199 | $5.497M | 0.8% | $14.85 | — | — | COM | 316773100 |
| HBT | HBT FINL INC. | 513,400 | $5.406M | 0.8% | $10.53 | — | — | COM | 404111106 |
| SBNY | SIGNATURE BK NEW YORK N Y | 66,813 | $5.371M | 0.8% | $80.39 | — | — | COM | 82669G104 |
| IROQ | IF BANCORP INC | 325,174 | $5.203M | 0.7% | $16.00 | — | — | COM | 44951J105 |
| — | TERRITORIAL BANCORP INC | 210,700 | $5.173M | 0.7% | $24.55 | — | — | COM | 88145X108 |
| SPY | SPDR S&P 500 ETF TR | 20,000 | $5.155M | 0.7% | $257.75 | — | — | Put | 78462F103 |
| — | EVANS BANCORP INC | 207,890 | $5.054M | 0.7% | $24.31 | — | — | COM NEW | 29911Q208 |
| CNS | COHEN & STEERS INC | 110,400 | $5.018M | 0.7% | $45.45 | — | — | COM | 19247A100 |
| FMNB | FARMERS NATIONAL BANC CORP | 430,000 | $5.001M | 0.7% | $11.63 | — | — | COM | 309627107 |
| XLF | SELECT SECTOR SPDR TR | 235,000 | $4.893M | 0.7% | $20.82 | — | — | Put | 81369Y605 |
| — | HEARTLAND FINL USA INC | 160,035 | $4.833M | 0.7% | $30.20 | — | — | COM | 42234Q102 |
| — | Bay Banks of Virginia, Inc. | 869,829 | $4.749M | 0.7% | $5.46 | — | — | Not 13-F Security | 072035108 |
| — | CENTERSTATE BK CORP | 275,000 | $4.738M | 0.7% | $17.23 | — | — | COM | 15201P109 |
| ORRF | ORRSTOWN FINL SVCS INC | 340,000 | $4.682M | 0.7% | $13.77 | — | — | COM | 687380105 |
| — | CAMBRIDGE BANCORP | 90,000 | $4.68M | 0.7% | $52.00 | — | — | COM | 132152109 |
| BANC | BANC OF CALIFORNIA INC | 585,000 | $4.68M | 0.7% | $8.00 | — | — | COM | 05990K106 |
| FIS | FIDELITY NATL INFORMATION SV | 38,100 | $4.634M | 0.7% | $121.63 | — | — | COM | 31620M106 |
| — | PROFESSIONAL HLDG CORP | 289,900 | $4.624M | 0.7% | $15.95 | — | — | CL A COM | 743139107 |
| KKR | KKR & CO INC | 195,000 | $4.577M | 0.7% | $23.47 | — | — | CL A | 48251W104 |
| — | PROVIDENT BANCORP INC | 530,000 | $4.569M | 0.7% | $8.62 | — | — | COM NEW | 74383L105 |
| — | AMERICAN RIVER BANKSHARES | 525,000 | $4.526M | 0.6% | $8.62 | — | — | COM | 029326105 |
| — | FIRST BANCSHARES INC MS | 225,000 | $4.291M | 0.6% | $19.07 | — | — | COM | 318916103 |
| — | HMN FINL INC | 237,176 | $4.269M | 0.6% | $18.00 | — | — | COM | 40424G108 |
| — | STANDARD AVB FINL CORP | 185,431 | $3.924M | 0.6% | $21.16 | — | — | COM | 85303B100 |
| DHI | D R HORTON INC | 115,000 | $3.91M | 0.6% | $34.00 | — | — | COM | 23331A109 |
| TFSL | TFS FINL CORP | 255,000 | $3.894M | 0.6% | $15.27 | — | — | COM | 87240R107 |
| WSFS | WSFS FINL CORP | 150,202 | $3.743M | 0.5% | $24.92 | — | — | COM | 929328102 |
| WAL | WESTERN ALLIANCE BANCORP | 120,000 | $3.673M | 0.5% | $30.61 | — | — | COM | 957638109 |
| — | CENTURY BANCORP INC MASS | 57,969 | $3.608M | 0.5% | $62.24 | — | — | CL A NON VTG | 156432106 |
| HBNC | HORIZON BANCORP INC | 365,000 | $3.599M | 0.5% | $9.86 | — | — | COM | 440407104 |
| GS | GOLDMAN SACHS GROUP INC | 23,000 | $3.556M | 0.5% | $154.61 | — | — | COM | 38141G104 |
| PFBC | PREFERRED BK LOS ANGELES CA | 104,333 | $3.529M | 0.5% | $33.82 | — | — | COM NEW | 740367404 |
| CNNE | CANNAE HLDGS INC | 105,000 | $3.516M | 0.5% | $33.49 | — | — | COM | 13765N107 |
| — | AMERICAN NATL BANKSHARES INC | 139,000 | $3.322M | 0.5% | $23.90 | — | — | COM | 027745108 |
| CBNK | CAPITAL BANCORP INC MD | 264,675 | $3.314M | 0.5% | $12.52 | — | — | COM | 139737100 |
| — | WADDELL & REED FINL INC | 291,000 | $3.312M | 0.5% | $11.38 | — | — | CL A | 930059100 |
| OTTW | OTTAWA BANCORP INC | 300,200 | $3.292M | 0.5% | $10.97 | — | — | COM | 689195105 |
| TMHC | TAYLOR MORRISON HOME CORP | 285,000 | $3.135M | 0.4% | $11.00 | — | — | COM | 87724P106 |
| EBMT | EAGLE BANCORP MONT INC | 189,600 | $3.073M | 0.4% | $16.21 | — | — | COM | 26942G100 |
| ASB | ASSOCIATED BANC CORP | 240,253 | $3.073M | 0.4% | $12.79 | — | — | COM | 045487105 |
| WRIV | White River Bancshares Company | 68,000 | $3.06M | 0.4% | $45.00 | — | — | Not 13-F Security | 96445A108 |
| SKY | SKYLINE CHAMPION CORPORATION | 195,000 | $3.058M | 0.4% | $15.68 | — | — | COM | 830830105 |
| — | PINNACLE FINL PARTNERS INC | 80,000 | $3.003M | 0.4% | $37.54 | — | — | COM | 72346Q104 |
| MRBK | MERIDIAN BK PAOLI PA | 219,036 | $2.996M | 0.4% | $13.68 | — | — | COM | 58958P104 |
| FCCO | FIRST CMNTY CORP S C | 188,241 | $2.959M | 0.4% | $15.72 | — | — | COM | 319835104 |
| EFSC | ENTERPRISE FINL SVCS CORP | 105,678 | $2.949M | 0.4% | $27.91 | — | — | COM | 293712105 |
| — | Revere Bank | 125,285 | $2.821M | 0.4% | $22.52 | — | — | Not 13-F Security | 761402106 |
| PIPR | PIPER SANDLER COMPANIES | 55,000 | $2.781M | 0.4% | $50.56 | — | — | COM | 724078100 |
| CFG | CITIZENS FINANCIAL GROUP INC | 147,552 | $2.775M | 0.4% | $18.81 | — | — | COM | 174610105 |
| RF | REGIONS FINANCIAL CORP NEW | 295,114 | $2.647M | 0.4% | $8.97 | — | — | COM | 7591EP100 |
| EQFN | Equitable Financial Corp. | 305,300 | $2.641M | 0.4% | $8.65 | — | — | Not 13-F Security | 29448T105 |
| — | DISCOVER FINL SVCS | 73,800 | $2.632M | 0.4% | $35.66 | — | — | COM | 254709108 |
| HWC | HANCOCK WHITNEY CORPORATION | 134,819 | $2.632M | 0.4% | $19.52 | — | — | COM | 410120109 |
| — | STERLING BANCORP INC | 585,000 | $2.516M | 0.4% | $4.30 | — | — | COM | 85917W102 |
| MSVB | MID SOUTHERN BANCORP INC | 195,000 | $2.496M | 0.4% | $12.80 | — | — | COM | 59548Q107 |
| — | MERIDIAN BANCORP INC MD | 220,000 | $2.468M | 0.4% | $11.22 | — | — | COM | 58958U103 |
| IEF | ISHARES TR | 20,000 | $2.43M | 0.3% | $121.50 | — | — | BARCLAYS 7 10 YR | 464287440 |
| V | VISA INC | 15,000 | $2.417M | 0.3% | $161.13 | — | — | COM CL A | 92826C839 |
| FFBW | FFBW INC MD | 300,300 | $2.387M | 0.3% | $7.95 | — | — | COM | 30260M103 |
| CCNE | CNB FINL CORP PA | 122,506 | $2.312M | 0.3% | $18.87 | — | — | COM | 126128107 |
| HOPE | HOPE BANCORP INC | 275,069 | $2.261M | 0.3% | $8.22 | — | — | COM | 43940T109 |
| — | VERITEX HLDGS INC | 150,202 | $2.098M | 0.3% | $13.97 | — | — | COM | 923451108 |
| FPH | FIVE POINT HOLDINGS LLC | 411,535 | $2.086M | 0.3% | $5.07 | — | — | COM CL A | 33833Q106 |
| SHBI | SHORE BANCSHARES INC | 189,482 | $2.056M | 0.3% | $10.85 | — | — | COM | 825107105 |
| FFBB | Communities First Financial Corporation | 88,578 | $2.037M | 0.3% | $23.00 | — | — | Not 13-F Security | 20344D104 |
| RY | ROYAL BK CDA | 33,000 | $2.031M | 0.3% | $61.55 | — | — | COM | 780087102 |
| CNOB | CONNECTONE BANCORP INC NEW | 150,399 | $2.021M | 0.3% | $13.44 | — | — | COM | 20786W107 |
| — | SOUTHERN NATL BANCORP OF VA | 204,814 | $2.015M | 0.3% | $9.84 | — | — | COM | 843395104 |
| — | Sussex Bancorp | 115,486 | $1.963M | 0.3% | $17.00 | — | — | Not 13-F Security | 869245100 |
| QCRH | QCR HOLDINGS INC | 72,447 | $1.961M | 0.3% | $27.07 | — | — | COM | 74727A104 |
| — | CORTLAND BANCORP | 142,812 | $1.928M | 0.3% | $13.50 | — | — | COM | 220587109 |
| OCFC | OCEANFIRST FINL CORP | 120,000 | $1.909M | 0.3% | $15.91 | — | — | COM | 675234108 |
| PLBC | PLUMAS BANCORP | 101,775 | $1.883M | 0.3% | $18.50 | — | — | COM | 729273102 |
| ARES | ARES MANAGEMENT CORPORATION | 60,000 | $1.856M | 0.3% | $30.93 | — | — | CL A COM STK | 03990B101 |
| — | GUARANTY BANCSHARES INC TEX | 80,000 | $1.851M | 0.3% | $23.14 | — | — | COM | 400764106 |
| — | PRUDENTIAL BANCORP INC NEW | 125,000 | $1.85M | 0.3% | $14.80 | — | — | COM | 74431A101 |
| PROV | PROVIDENT FINL HLDGS INC | 117,000 | $1.782M | 0.3% | $15.23 | — | — | COM | 743868101 |
| PEBK | PEOPLES BANCORP N C INC | 86,351 | $1.758M | 0.3% | $20.36 | — | — | COM | 710577107 |
| PSBQ | PSB Holdings, Inc. | 70,000 | $1.732M | 0.2% | $24.74 | — | — | Not 13-F Security | 69360N108 |
| FUNC | FIRST UTD CORP | 120,000 | $1.715M | 0.2% | $14.29 | — | — | COM | 33741H107 |
| OPBK | OP BANCORP | 220,000 | $1.641M | 0.2% | $7.46 | — | — | COM | 67109R109 |
| RBKB | RHINEBECK BANCORP INC | 250,000 | $1.6M | 0.2% | $6.40 | — | — | COM | 762093102 |
| USB | US BANCORP DEL | 45,600 | $1.571M | 0.2% | $34.45 | — | — | COM NEW | 902973304 |
| RVSB | RIVERVIEW BANCORP INC | 306,975 | $1.538M | 0.2% | $5.01 | — | — | COM | 769397100 |
| BOTJ | BANK OF THE ST JAMES FINL GP | 167,800 | $1.468M | 0.2% | $8.75 | — | — | COM | 470299108 |
| XYZ | SQUARE INC | 25,000 | $1.31M | 0.2% | $52.40 | — | — | CL A | 852234103 |
| PJT | PJT PARTNERS INC | 30,000 | $1.302M | 0.2% | $43.40 | — | — | COM CL A | 69343T107 |
| — | BROOKLINE BANCORP INC DEL | 110,000 | $1.241M | 0.2% | $11.28 | — | — | COM | 11373M107 |
| ERKH | Eureka Homestead Bancorp, Inc. | 140,000 | $1.197M | 0.2% | $8.55 | — | — | Not 13-F Security | 298544107 |
| PBFS | PIONEER BANCORP INC | 115,000 | $1.194M | 0.2% | $10.38 | — | — | COM | 723561106 |
| — | Blackhawk Bancorp, Inc. | 58,700 | $1.189M | 0.2% | $20.26 | — | — | Not 13-F Security | 09237E204 |
| IWM | ISHARES TR | 10,000 | $1.145M | 0.2% | $114.50 | — | — | Put | 464287655 |
| — | RANDOLPH BANCORP INC | 113,317 | $1.087M | 0.2% | $9.59 | — | — | COM | 752378109 |
| PNC | PNC FINL SVCS GROUP INC | 10,700 | $1.024M | 0.1% | $95.70 | — | — | COM | 693475105 |
| ESQ | ESQUIRE FINL HLDGS INC | 67,911 | $1.022M | 0.1% | $15.05 | — | — | COM | 29667J101 |
| KRE | SPDR SER TR | 30,000 | $978K | 0.1% | $32.60 | — | — | Put | 78464A698 |
| PB | PROSPERITY BANCSHARES INC | 20,000 | $965K | 0.1% | $48.25 | — | — | COM | 743606105 |
| — | COMMUNITY FIRST BANCSHARES I | 141,019 | $963K | 0.1% | $6.83 | — | — | COM | 20369M104 |
| PGC | PEAPACK-GLADSTONE FINL CORP | 53,042 | $952K | 0.1% | $17.95 | — | — | COM | 704699107 |
| CCS | CENTURY CMNTYS INC | 65,000 | $943K | 0.1% | $14.51 | — | — | COM | 156504300 |
| EVR | EVERCORE INC | 20,000 | $921K | 0.1% | $46.05 | — | — | CLASS A | 29977A105 |
| SFBC | SOUND FINL BANCORP INC | 40,000 | $840K | 0.1% | $21.00 | — | — | COM | 83607A100 |
| — | West End Indiana Bancshares, Inc. | 25,237 | $833K | 0.1% | $33.01 | — | — | Not 13-F Security | 952678100 |
| FBK | FB FINL CORP | 40,162 | $792K | 0.1% | $19.72 | — | — | COM | 30257X104 |
| HRGG | Heritage Nola Bancorp, Inc. | 71,900 | $726K | 0.1% | $10.10 | — | — | Not 13-F Security | 42727P108 |
| FFIC | FLUSHING FINL CORP | 50,000 | $668K | 0.1% | $13.36 | — | — | COM | 343873105 |
| — | Sugar Creek Financial Corporation | 77,375 | $651K | 0.1% | $8.41 | — | — | Not 13-F Security | 86481Y102 |
| BFST | BUSINESS FIRST BANCSHARES IN | 47,738 | $644K | 0.1% | $13.49 | — | — | COM | 12326C105 |
| EWBC | EAST WEST BANCORP INC | 25,000 | $644K | 0.1% | $25.76 | — | — | COM | 27579R104 |
| FIEB | First IC Corporation | 109,727 | $576K | 0.1% | $5.25 | — | — | Not 13-F Security | 32058J102 |
| BSBK | BOGOTA FINL CORP | 80,925 | $558K | 0.1% | $6.90 | — | — | COM | 097235105 |
| RBB | RBB BANCORP | 37,995 | $521K | 0.1% | $13.71 | — | — | COM | 74930B105 |
| PCB | PCB BANCORP | 52,300 | $511K | 0.1% | $9.77 | — | — | COM | 69320M109 |
| QNTO | Quaint Oak Bancorp, Inc. | 36,250 | $446K | 0.1% | $12.30 | — | — | Not 13-F Security | 74732T106 |
| — | Sunnyside Bancorp, Inc. | 64,871 | $409K | 0.1% | $6.30 | — | — | Not 13-F Security | 867475105 |
| SMBK | SMARTFINANCIAL INC | 25,000 | $380K | 0.1% | $15.20 | — | — | COM NEW | 83190L208 |
| WLFC | WILLIS LEASE FINANCE CORP | 13,083 | $348K | 0.0% | $26.60 | — | — | COM | 970646105 |
| UVSP | UNIVEST FINANCIAL CORPORATIO | 20,136 | $329K | 0.0% | $16.34 | — | — | COM | 915271100 |
| — | New Bancorp, Inc. | 15,000 | $320K | 0.0% | $21.33 | — | — | Not 13-F Security | 642142103 |
| BCTF | BANCORP 34 INC | 25,723 | $280K | 0.0% | $10.89 | — | — | COM | 05970V106 |
| — | LIMESTONE BANCORP INC | 23,297 | $260K | 0.0% | $11.16 | — | — | COM | 53262L105 |
| FFWM | FIRST FNDTN INC | 24,900 | $254K | 0.0% | $10.20 | — | — | COM | 32026V104 |
| FISI | FINANCIAL INSTNS INC | 13,622 | $247K | 0.0% | $18.13 | — | — | COM | 317585404 |
| CZFS | Citizens Financial Services, Inc. | 4,246 | $210K | 0.0% | $49.46 | — | — | Not 13-F Security | 174615104 |
| CIZN | CITIZENS HLDG CO MISS | 10,348 | $208K | 0.0% | $20.10 | — | — | COM | 174715102 |
| SBCF | SEACOAST BKG CORP FLA | 10,000 | $183K | 0.0% | $18.30 | — | — | COM NEW | 811707801 |
| — | 1ST CONSTITUTION BANCORP | 13,609 | $180K | 0.0% | $13.23 | — | — | COM | 31986N102 |
| — | TRUSTCO BK CORP N Y | 20,000 | $108K | 0.0% | $5.40 | — | — | COM | 898349105 |
| — | Pioneer Bancshares, Inc. | 4,028 | $66,000 | 0.0% | $16.39 | — | — | Not 13-F Security | 72357G102 |
| — | SouthCrest Financial Group, Inc. | 5,024 | $35,000 | 0.0% | $6.97 | — | — | Not 13-F Security | 84129X107 |
| — | MACATAWA BK CORP | 3,002 | $21,000 | 0.0% | $7.00 | — | — | COM | 554225102 |