Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
FCNCA	FIRST CTZNS BANCSHARES INC N	14,100	$25.96M	4.0%	$1840.95	—	—	CL A	31946M103
C	CITIGROUP INC	376,400	$23.56M	3.6%	$62.60	—	—	COM NEW	172967424
USB	US BANCORP DEL	505,000	$23.09M	3.5%	$45.73	—	—	COM NEW	902973304
AMTB	AMERANT BANCORP INC	1,052,207	$22.49M	3.4%	$21.37	—	—	CL A	023576101
SPY	SPDR S&P 500 ETF TR	35,000	$20.08M	3.1%	$573.76	—	—	Put	78462F103
WTFC	WINTRUST FINL CORP	163,600	$17.76M	2.7%	$108.53	—	—	COM	97650W108
MTB	M & T BK CORP	96,000	$17.1M	2.6%	$178.12	—	—	COM	55261F104
ABCB	AMERIS BANCORP	258,800	$16.15M	2.5%	$62.39	—	—	COM	03076K108
WBS	WEBSTER FINL CORP	334,700	$15.6M	2.4%	$46.61	—	—	COM	947890109
MCHB	HOMESTREET INC	978,140	$15.42M	2.4%	$15.76	—	—	COM	43785V102
EWBC	EAST WEST BANCORP INC	181,100	$14.98M	2.3%	$82.74	—	—	COM	27579R104
NBHC	NATIONAL BK HLDGS CORP	345,000	$14.52M	2.2%	$42.10	—	—	CL A	633707104
BANC	BANC OF CALIFORNIA INC	974,600	$14.36M	2.2%	$14.73	—	—	COM	05990K106
KRE	SPDR SER TR	245,000	$13.87M	2.1%	$56.60	—	—	Put	78464A698
WSBC	WESBANCO INC	436,363	$12.99M	2.0%	$29.78	—	—	COM	950810101
UMBF	UMB FINL CORP	117,400	$12.34M	1.9%	$105.11	—	—	COM	902788108
FHN	FIRST HORIZON CORPORATION	776,100	$12.05M	1.8%	$15.53	—	—	COM	320517105
WAL	WESTERN ALLIANCE BANCORP	132,600	$11.47M	1.8%	$86.49	—	—	COM	957638109
WABC	WESTAMERICA BANCORPORATION	222,900	$11.02M	1.7%	$49.42	—	—	COM	957090103
QCRH	QCR HOLDINGS INC	146,500	$10.85M	1.7%	$74.03	—	—	COM	74727A104
LEN/B	LENNAR CORP	58,198	$10.06M	1.5%	$172.94	—	—	CL B	526057302
MOFG	MIDWESTONE FINL GROUP INC NE	350,000	$9.986M	1.5%	$28.53	—	—	COM	598511103
ZION	ZIONS BANCORPORATION N A	210,000	$9.916M	1.5%	$47.22	—	—	COM	989701107
HBNC	HORIZON BANCORP INC	634,600	$9.868M	1.5%	$15.55	—	—	COM	440407104
FRST	PRIMIS FINANCIAL CORP	784,693	$9.558M	1.5%	$12.18	—	—	COM	74167B109
FSBC	FIVE STAR BANCORP	301,100	$8.952M	1.4%	$29.73	—	—	COM	33830T103
—	ESSA BANCORP INC	453,800	$8.722M	1.3%	$19.22	—	—	COM	29667D104
BAC	BANK AMERICA CORP	214,600	$8.515M	1.3%	$39.68	—	—	COM	060505104
JPM	JPMORGAN CHASE & CO.	39,100	$8.245M	1.3%	$210.86	—	—	COM	46625H100
CRBG	COREBRIDGE FINL INC	281,100	$8.197M	1.3%	$29.16	—	—	COM	21871X109
HBAN	HUNTINGTON BANCSHARES INC	491,300	$7.222M	1.1%	$14.70	—	—	COM	446150104
—	SOUTHSTATE CORPORATION	73,500	$7.143M	1.1%	$97.18	—	—	COM	840441109
RNST	RENASANT CORP	210,288	$6.834M	1.0%	$32.50	—	—	COM	75970E107
EQBK	EQUITY BANCSHARES INC	167,000	$6.827M	1.0%	$40.88	—	—	COM CL A	29460X109
WFC	WELLS FARGO CO NEW	115,000	$6.496M	1.0%	$56.49	—	—	COM	949746101
—	FIRST BANCSHARES INC MISS	192,323	$6.179M	0.9%	$32.13	—	—	COM	318916103
ESQ	ESQUIRE FINL HLDGS INC	94,000	$6.13M	0.9%	$65.21	—	—	COM	29667J101
PFBC	PREFERRED BK LOS ANGELES CA	74,600	$5.987M	0.9%	$80.25	—	—	COM NEW	740367404
UNTY	UNITY BANCORP INC	162,100	$5.521M	0.8%	$34.06	—	—	COM	913290102
FFWM	FIRST FNDTN INC	845,000	$5.273M	0.8%	$6.24	—	—	COM	32026V104
TFC	TRUIST FINL CORP	121,700	$5.205M	0.8%	$42.77	—	—	COM	89832Q109
ISTR	INVESTAR HLDG CORP	259,600	$5.036M	0.8%	$19.40	—	—	COM	46134L105
USCB	USCB FINANCIAL HOLDINGS INC	329,917	$5.031M	0.8%	$15.25	—	—	CLASS A COM	90355N101
BKU	BANKUNITED INC	131,800	$4.803M	0.7%	$36.44	—	—	COM	06652K103
WAFD	WAFD INC	137,500	$4.792M	0.7%	$34.85	—	—	COM	938824109
ARES	ARES MANAGEMENT CORPORATION	29,000	$4.519M	0.7%	$155.84	—	—	CL A COM STK	03990B101
—	SANDY SPRING BANCORP INC	141,900	$4.451M	0.7%	$31.37	—	—	COM	800363103
CBNK	CAPITAL BANCORP INC MD	172,900	$4.445M	0.7%	$25.71	—	—	COM	139737100
KKR	KKR & CO INC	34,000	$4.44M	0.7%	$130.58	—	—	COM	48251W104
—	BLACKROCK INC	4,500	$4.273M	0.7%	$949.51	—	—	COM	09247X101
FCCO	FIRST CMNTY CORP S C	196,362	$4.21M	0.6%	$21.44	—	—	COM	319835104
PNC	PNC FINL SVCS GROUP INC	22,500	$4.159M	0.6%	$184.85	—	—	COM	693475105
EFSC	ENTERPRISE FINL SVCS CORP	81,000	$4.152M	0.6%	$51.26	—	—	COM	293712105
IBOC	INTERNATIONAL BANCSHARES COR	68,600	$4.102M	0.6%	$59.79	—	—	COM	459044103
MBIN	MERCHANTS BANCORP IND	91,000	$4.091M	0.6%	$44.96	—	—	COM	58844R108
SRCE	1ST SOURCE CORP	64,792	$3.88M	0.6%	$59.88	—	—	COM	336901103
FCF	FIRST COMWLTH FINL CORP PA	225,000	$3.859M	0.6%	$17.15	—	—	COM	319829107
VLY	VALLEY NATL BANCORP	390,100	$3.534M	0.5%	$9.06	—	—	COM	919794107
COFS	CHOICEONE FINL SVCS INC	109,544	$3.386M	0.5%	$30.91	—	—	COM	170386106
IROQ	IF BANCORP INC	166,604	$3.36M	0.5%	$20.17	—	—	COM	44951J105
CMA	COMERICA INC	53,200	$3.187M	0.5%	$59.91	—	—	COM	200340107
KEY	KEYCORP	189,000	$3.166M	0.5%	$16.75	—	—	COM	493267108
TRMK	TRUSTMARK CORP	95,400	$3.036M	0.5%	$31.82	—	—	COM	898402102
HBCP	HOME BANCORP INC	66,500	$2.965M	0.5%	$44.58	—	—	COM	43689E107
CFG	CITIZENS FINL GROUP INC	70,800	$2.908M	0.4%	$41.07	—	—	COM	174610105
CCNE	CNB FINL CORP PA	120,000	$2.887M	0.4%	$24.06	—	—	COM	126128107
MGYR	MAGYAR BANCORP INC	228,700	$2.818M	0.4%	$12.32	—	—	COM	55977T208
OPBK	OP BANCORP	219,000	$2.733M	0.4%	$12.48	—	—	COM	67109R109
CCBG	CAPITAL CITY BK GROUP INC	77,400	$2.731M	0.4%	$35.29	—	—	COM	139674105
HOPE	HOPE BANCORP INC	215,000	$2.7M	0.4%	$12.56	—	—	COM	43940T109
—	Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A	106,963	$2.567M	0.4%	$24.00	—	—	Not 13F Security	05990K841
UBSI	UNITED BANKSHARES INC WEST V	68,300	$2.534M	0.4%	$37.10	—	—	COM	909907107
FMBH	FIRST MID ILL BANCSHARES INC	65,000	$2.529M	0.4%	$38.91	—	—	COM	320866106
—	PINNACLE FINL PARTNERS INC	25,000	$2.449M	0.4%	$97.97	—	—	COM	72346Q104
COLB	COLUMBIA BKG SYS INC	92,300	$2.41M	0.4%	$26.11	—	—	COM	197236102
FITB	FIFTH THIRD BANCORP	55,000	$2.356M	0.4%	$42.84	—	—	COM	316773100
SF	STIFEL FINL CORP	25,000	$2.348M	0.4%	$93.90	—	—	COM	860630102
—	PROVIDENT BANCORP INC	211,869	$2.286M	0.4%	$10.79	—	—	COM NEW	74383L105
AAMI	BRIGHTSPHERE INVT GROUP INC	90,000	$2.286M	0.4%	$25.40	—	—	COM	10948W103
—	NEW YORK CMNTY CAP TR V	58,205	$2.254M	0.3%	$38.72	—	—	UNIT 05/07/2051	64944P307
HOMB	HOME BANCSHARES INC	83,105	$2.251M	0.3%	$27.09	—	—	COM	436893200
BCOW	1895 BANCORP OF WIS INC	220,709	$2.229M	0.3%	$10.10	—	—	COM	28253R105
FNB	F N B CORP	151,500	$2.138M	0.3%	$14.11	—	—	COM	302520101
EQFN	Equitable Financial Corp.	164,600	$2.12M	0.3%	$12.88	—	—	Not 13F Security	29448T105
BWB	BRIDGEWATER BANCSHARES INC	144,900	$2.053M	0.3%	$14.17	—	—	COM	108621103
IBCP	INDEPENDENT BK CORP MICH	60,000	$2.001M	0.3%	$33.35	—	—	COM NEW	453838609
—	Merchants Bancorp 8.25 Non-Cumulative Perpetual Preferred Stock, Series D	77,140	$1.974M	0.3%	$25.59	—	—	Not 13F Security	58844R884
CIVB	CIVISTA BANCSHARES INC	101,444	$1.808M	0.3%	$17.82	—	—	COM NO PAR	178867107
ORRF	ORRSTOWN FINL SVCS INC	50,000	$1.798M	0.3%	$35.96	—	—	COM	687380105
WLFC	WILLIS LEASE FIN CORP	11,683	$1.739M	0.3%	$148.81	—	—	COM	970646105
PCB	PCB BANCORP	87,000	$1.635M	0.3%	$18.79	—	—	COM	69320M109
JHG	JANUS HENDERSON GROUP PLC	38,700	$1.473M	0.2%	$38.07	—	—	ORD SHS	G4474Y214
WRIV	White River Bancshares Co	50,638	$1.443M	0.2%	$28.50	—	—	Not 13F Security	96445A108
FFBC	FIRST FINL BANCORP OH	51,400	$1.297M	0.2%	$25.23	—	—	COM	320209109
PBBK	PB BANKSHARES INC	60,000	$928K	0.1%	$15.46	—	—	COM	69318V103
PEBK	PEOPLES BANCORP N C INC	31,100	$790K	0.1%	$25.39	—	—	COM	710577107
SBCF	SEACOAST BKG CORP FLA	29,100	$776K	0.1%	$26.65	—	—	COM NEW	811707801
—	TC BANCSHARES INC	46,800	$758K	0.1%	$16.20	—	—	COM	87224V108
ECBK	ECB BANCORP INC	46,667	$668K	0.1%	$14.32	—	—	COM	26828M106
SLG	SL GREEN RLTY CORP	8,900	$620K	0.1%	$69.61	—	—	COM	78440X887
VCTR	VICTORY CAP HLDGS INC	10,000	$554K	0.1%	$55.40	—	—	COM CL A	92645B103
TRST	TRUSTCO BK CORP N Y	15,000	$496K	0.1%	$33.07	—	—	COM NEW	898349204
RVSB	RIVERVIEW BANCORP INC	46,065	$217K	0.0%	$4.71	—	—	COM	769397100