Location: Chicago, IL
CIK: 0001029311 · Show all filings
Period: Q1 2025 (← Previous) (Next →)
Filing Date: May 14, 2025
Total Value: $758M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| UNTY | Unity Bancorp, Inc. | 604,944 | $24.62M | 3.2% | $14.79 | +202.1% | Common Stock | 913290102 |
| — | Southern States Bancshares, Inc. | 663,484 | $23.72M | 3.1% | $22.46 | — | Common Stock | 843878307 |
| AMBZ | American Business Bank | 481,822 | $21.49M | 2.8% | $29.00 | +50.8% | Common Stock | 02475L105 |
| OSBC | Old Second Bancorp, Inc. | 1,284,578 | $21.38M | 2.8% | $8.10 | +117.6% | Common Stock | 680277100 |
| PBAM | Private Bancorp of America, Inc. | 358,352 | $19.62M | 2.6% | $23.81 | +142.5% | Common Stock | 74274F100 |
| FRBA | First Bank | 1,203,049 | $17.82M | 2.3% | $9.51 | +51.6% | Common Stock | 31931U102 |
| BCAL | California BanCorp. | 1,181,878 | $16.94M | 2.2% | $13.52 | +14.2% | Common Stock | 84252A106 |
| FNBT | FineMark Holdings, Inc. | 650,172 | $16.9M | 2.2% | $30.43 | -12.3% | Common Stock | 31788B108 |
| WCCB | West Coast Community Bancorp | 427,642 | $16.78M | 2.2% | $26.12 | +51.4% | Common Stock | 952170108 |
| AVBH | Avidbank Holdings, Inc. | 735,277 | $16.64M | 2.2% | $19.62 | +15.0% | Common Stock | 05368J103 |
| FRST | Primis Financial Corporation | 1,601,360 | $15.65M | 2.1% | $11.38 | -9.9% | Common Stock | 74167B109 |
| MBIN | Merchants Bancorp | 385,915 | $14.28M | 1.9% | $21.61 | +80.5% | Common Stock | 58844R108 |
| BANC | Banc of California, Inc. | 986,629 | $14M | 1.8% | $15.93 | -7.3% | Common Stock | 05990K106 |
| PGC | Peapack-Gladstone Financial Corporation | 473,399 | $13.44M | 1.8% | $19.83 | +57.2% | Common Stock | 704699107 |
| TCBI | Texas Capital Bancshares, Inc. | 179,205 | $13.39M | 1.8% | $62.22 | +24.9% | Common Stock | 88224Q107 |
| MCB | Metropolitan Bank Holding Corp. | 232,254 | $13M | 1.7% | $45.10 | +30.9% | Common Stock | 591774104 |
| FBIZ | First Business Financial Services, Inc. | 274,277 | $12.93M | 1.7% | $18.60 | +158.5% | Common Stock | 319390100 |
| MYFW | First Western Financial, Inc. | 636,177 | $12.5M | 1.6% | $16.79 | +16.8% | Common Stock | 33751L105 |
| CNOB | ConnectOne Bancorp, Inc. | 475,086 | $11.55M | 1.5% | $15.87 | +48.5% | Common Stock | 20786W107 |
| CBAN | Colony Bankcorp Inc. | 700,359 | $11.31M | 1.5% | $15.01 | +6.3% | Common Stock | 19623P101 |
| TFIN | Triumph Bancorp, Inc. | 192,394 | $11.12M | 1.5% | $25.53 | +185.6% | Common Stock | 89679E300 |
| MNSB | MainStreet Bancshares, Inc. | 651,014 | $10.88M | 1.4% | $14.23 | +15.4% | Common Stock | 56064Y100 |
| MPB | Mid Penn Bank | 412,552 | $10.69M | 1.4% | $24.79 | +9.9% | Common Stock | 59540G107 |
| MCBI | Mountain Commerce Bancorp | 512,310 | $10.38M | 1.4% | $21.02 | -1.5% | Common Stock | 624004107 |
| OBT | Orange County Bancorp, Inc. | 433,632 | $10.14M | 1.3% | $20.07 | +27.5% | Common Stock | 68417L107 |
| ALPIB | Alpine Banks of Colorado | 322,498 | $9.997M | 1.3% | $27.27 | +16.3% | Common Stock | 020810107 |
| BFST | Business First Bancshares, Inc. | 408,145 | $9.938M | 1.3% | $21.37 | +17.7% | Common Stock | 12326C105 |
| SFST | Southern First Bancshares, Inc. | 299,920 | $9.873M | 1.3% | $28.37 | +23.5% | Common Stock | 842873101 |
| BPRN | Princeton Bancorp, Inc. | 315,428 | $9.636M | 1.3% | $28.29 | +8.3% | Common Stock | 74179A107 |
| MRBK | Meridian Bank | 659,104 | $9.491M | 1.3% | $10.30 | +42.5% | Common Stock | 58958P104 |
| INBK | First Internet Bancorp | 350,296 | $9.381M | 1.2% | $24.87 | +25.0% | Common Stock | 320557101 |
| MBWM | Mercantile Bank Corporation | 215,452 | $9.359M | 1.2% | $14.28 | +215.1% | Common Stock | 587376104 |
| BUSE | First Busey Corporation | 430,929 | $9.308M | 1.2% | $22.17 | 0.0% | Common Stock | 319383204 |
| SMBK | SmartFinancial, Inc. | 294,911 | $9.166M | 1.2% | $19.92 | +66.9% | Common Stock | 83190L208 |
| ISTR | Investar Holding Corporation | 510,906 | $8.997M | 1.2% | $18.55 | +1.1% | Common Stock | 46134L105 |
| FNRN | First Northern Community Bancorp | 882,564 | $8.985M | 1.2% | $7.92 | +22.6% | Common Stock | 335925103 |
| TCBX | Third Coast Bancshares | 268,649 | $8.965M | 1.2% | $23.38 | +48.3% | Common Stock | 88422P109 |
| CCNE | CNB Financial Corporation | 401,776 | $8.94M | 1.2% | $20.27 | +16.9% | Common Stock | 126128107 |
| COFS | ChoiceOne Financial Services, Inc. | 303,381 | $8.728M | 1.2% | $30.88 | 0.0% | Common Stock | 170386106 |
| ALRS | Alerus Financial Corporation | 451,641 | $8.337M | 1.1% | $19.10 | +0.2% | Common Stock | 01446U103 |
| BRBS | Blue Ridge Bankshares, Inc. | 2,506,902 | $8.173M | 1.1% | $4.30 | -24.8% | Common Stock | 095825105 |
| — | Veritex Holdings, Inc. | 283,100 | $7.069M | 0.9% | $26.80 | — | Common Stock | 923451108 |
| RCBC | River City Bank | 19,837 | $6.943M | 0.9% | $16.82 | +98.8% | Common Stock | 76803X106 |
| FSUN | FirstSun Capital Bancorp | 187,705 | $6.786M | 0.9% | $31.85 | +25.1% | Common Stock | 33767U107 |
| FFWM | First Foundation Inc. | 1,306,054 | $6.778M | 0.9% | $14.88 | -64.0% | Common Stock | 32026V104 |
| CZWI | Citizens Community Bancorp, Inc. | 468,742 | $6.741M | 0.9% | $8.62 | +74.8% | Common Stock | 174903104 |
| BSVN | Bank7 Corp | 171,836 | $6.657M | 0.9% | $21.61 | +88.8% | Common Stock | 06652N107 |
| UBAB | United Bancorporation of Alabama, Inc. | 110,813 | $5.928M | 0.8% | $24.39 | +123.3% | Common Stock | 90944R100 |
| SHBI | Shore Bancshares, Inc. | 403,809 | $5.468M | 0.7% | $12.95 | +16.4% | Common Stock | 825107105 |
| COSO | CoastalSouth Bancshares, Inc. | 254,557 | $5.409M | 0.7% | $12.14 | — | Common Stock | 19058X207 |
| ORPB | Oregon Pacific Bancorp | 644,986 | $5.128M | 0.7% | $5.63 | +44.5% | Common Stock | 686040205 |
| UBFO | United Security Bankshares | 545,672 | $4.889M | 0.6% | $6.16 | +47.3% | Common Stock | 911460103 |
| — | Bremer Financial Corporation | 41,667 | $4.813M | 0.6% | $100.00 | — | Common Stock | 107015109 |
| BWFG | Bankwell Financial Group, Inc. | 159,377 | $4.81M | 0.6% | $21.43 | +38.6% | Common Stock | 06654A103 |
| SABK | South Atlantic Bancshares, Inc. | 308,952 | $4.712M | 0.6% | $486.89 | -96.9% | Common Stock | 83636T104 |
| CMHF | Community Heritage Financial Inc. | 191,558 | $4.703M | 0.6% | $21.49 | +12.2% | Common Stock | 20370L103 |
| FSRL | First Reliance Bancshares, Inc. | 495,884 | $4.686M | 0.6% | $7.30 | +32.5% | Common Stock | 33615Q100 |
| FGFH | Foresight Financial Group, Inc. | 142,598 | $4.527M | 0.6% | $22.21 | +42.9% | Common Stock | 345526107 |
| PSBQ | PSB Holdings, Inc. | 175,973 | $4.487M | 0.6% | $22.97 | +13.0% | Common Stock | 69360N108 |
| — | Enterprise Bancorp, Inc. | 112,158 | $4.367M | 0.6% | $27.84 | — | Common Stock | 293668109 |
| STBK | Studio Bank | 409,215 | $4.362M | 0.6% | $9.94 | +16.5% | Common Stock | 864001102 |
| BSRR | Sierra Bancorp | 153,831 | $4.289M | 0.6% | $16.44 | +73.4% | Common Stock | 82620P102 |
| ARBV | American Riviera Bancorp | 222,152 | $4.256M | 0.6% | $18.43 | +5.6% | Common Stock | 02933K103 |
| LNKB | LinkBancorp | 623,533 | $4.228M | 0.6% | $6.75 | +2.7% | Common Stock | 53578P105 |
| — | Hanover Bancorp Inc. | 192,329 | $4.218M | 0.6% | $20.15 | — | Common Stock | 410710206 |
| CCNB | Coastal Carolina Bancshares, Inc. | 357,232 | $4.051M | 0.5% | $8.20 | +39.1% | Common Stock | 190435107 |
| SSBI | Summit State Bank | 429,395 | $3.963M | 0.5% | $11.95 | -33.2% | Common Stock | 866264203 |
| WRIV | White River Bancshares Company | 99,000 | $3.925M | 0.5% | $32.69 | +16.0% | Common Stock | 96445A108 |
| FCPB | First Capital Bancshares, Inc. | 368,316 | $3.735M | 0.5% | $7.31 | +45.9% | Common Stock | 31941G101 |
| FSBC | Five Star Bancorp | 124,919 | $3.473M | 0.5% | $22.58 | +28.3% | Common Stock | 33830T103 |
| AMTB | Amerant Bancorp Inc. | 165,000 | $3.406M | 0.4% | $21.36 | +1.7% | Common Stock | 023576101 |
| SOUB | SouthPoint Bancshares, Inc. | 118,564 | $3.355M | 0.4% | $20.02 | +74.9% | Common Stock | 844647107 |
| BY | Byline Bancorp, Inc. | 121,612 | $3.181M | 0.4% | $18.61 | +48.6% | Common Stock | 124411109 |
| FVCB | FVCBankcorp Inc. | 269,121 | $2.845M | 0.4% | $12.01 | -6.0% | Common Stock | 36120Q101 |
| SBKO | Summit Bank Group, Inc. | 190,501 | $2.838M | 0.4% | $12.00 | +22.5% | Common Stock | 86603R100 |
| USCB | USCB Financial Holdings Inc. | 149,230 | $2.77M | 0.4% | $13.82 | +34.8% | Common Stock | 90355N101 |
| DCOM | Dime Community Bancshares, Inc. | 97,948 | $2.731M | 0.4% | $26.14 | +11.5% | Common Stock | 25432X102 |
| GNRV | Grand River Commerce, Inc. | 675,014 | $2.666M | 0.4% | $5.36 | -31.3% | Common Stock | 386441109 |
| FISI | Financial Institutions, Inc. | 104,000 | $2.596M | 0.3% | $24.95 | +3.7% | Common Stock | 317585404 |
| MFGI | Merchants Financial Group, Inc. | 103,777 | $2.527M | 0.3% | $22.25 | +5.7% | Common Stock | 588538108 |
| PMHG | Prime Meridian Holding Company | 90,128 | $2.524M | 0.3% | $19.09 | +46.6% | Common Stock | 74164R107 |
| BAFN | BayFirst Financial Corp. | 150,272 | $2.514M | 0.3% | $22.90 | -27.6% | Common Stock | 07279B104 |
| BLHK | Blueharbor Bank | 106,602 | $2.452M | 0.3% | $12.52 | +78.5% | Common Stock | 095613105 |
| — | Sterling Bancorp, Inc. | 502,061 | $2.43M | 0.3% | $7346.68 | — | Common Stock | 85917W102 |
| BBT | Berkshire Hills Bancorp | 86,206 | $2.249M | 0.3% | $27.54 | -2.6% | Common Stock | 084680107 |
| CBWA | Commencement Bancorp, Inc. | 165,960 | $2.133M | 0.3% | $9.89 | +32.5% | Common Stock | 20051D107 |
| EFSI | Eagle Financial Services Inc. | 65,000 | $2.131M | 0.3% | $32.75 | 0.0% | Common Stock | 26951R104 |
| FSBH | FSBH Corp | 234,250 | $2.108M | 0.3% | $7.68 | +13.4% | Common Stock | 30325F101 |
| TRCY | Tri City Bankshares Corporation | 152,041 | $2.106M | 0.3% | $19.04 | — | Common Stock | 895364107 |
| BCTF | Bancorp 34, Inc. | 162,857 | $2.076M | 0.3% | $12.37 | +6.5% | Common Stock | 05970V106 |
| FXNC | First National Corporation | 92,385 | $2.074M | 0.3% | $16.37 | +42.6% | Common Stock | 32106V107 |
| FCCO | First Community Corporation | 91,645 | $2.068M | 0.3% | $14.98 | +58.5% | Common Stock | 319835104 |
| MVBF | MVB Financial Corp. | 109,189 | $1.891M | 0.2% | $16.43 | +11.3% | Common Stock | 553810102 |
| MVLY | Mission Valley Bancorp | 120,617 | $1.845M | 0.2% | $8.26 | +90.6% | Common Stock | 60520E104 |
| PPBN | Pinnacle Bankshares Corporation | 57,682 | $1.788M | 0.2% | $16.53 | +82.2% | Common Stock | 72345E102 |
| BWB | Bridgewater Bancshares, Inc. | 119,479 | $1.66M | 0.2% | $10.91 | +27.7% | Common Stock | 108621103 |
| HTBK | Heritage Commerce Corp | 169,539 | $1.614M | 0.2% | $8.31 | +17.9% | Common Stock | 426927109 |
| PWBK | Pacific West Bancorp | 145,715 | $1.581M | 0.2% | $11.10 | +1.8% | Common Stock | 69506J102 |
| WEX | WEX Inc. | 9,955 | $1.563M | 0.2% | $167.38 | -1.6% | Common Stock | 96208T104 |
| EDVR | Endeavor Bancorp | 104,091 | $1.457M | 0.2% | $10.24 | +27.8% | Common Stock | 29260B109 |
| RNST | Renasant Corporation | 41,875 | $1.421M | 0.2% | $33.20 | +9.0% | Common Stock | 75970E107 |
| PBNK | Pinnacle Bank | 69,512 | $1.317M | 0.2% | $8.23 | +130.5% | Common Stock | 72346K107 |
| TBBK | The Bancorp, Inc. | 23,592 | $1.247M | 0.2% | $26.85 | +106.8% | Common Stock | 05969A105 |
| — | Dogwood State Bank | 79,721 | $1.176M | 0.2% | $13.26 | — | Common Stock | 25660B103 |
| CNBW | CNB Corporation | 14,348 | $1.148M | 0.2% | $61.21 | -7.7% | Common Stock | 12612R105 |
| ACNB | ACNB Corporation | 26,767 | $1.102M | 0.1% | $39.37 | 0.0% | Common Stock | 000868109 |
| FCOB | 1st Colonial Bancorp | 69,644 | $1.031M | 0.1% | $8.42 | +76.6% | Common Stock | 319716106 |
| BORT | Bank of Botetourt | 30,624 | $1.021M | 0.1% | $22.94 | +41.1% | Common Stock | 063907208 |
| SBNC | Southern BancShares (N.C.), Inc. | 124 | $1.017M | 0.1% | $2433.28 | +244.9% | Common Stock | 842243107 |
| NPB | Northpointe Bancshares | 60,000 | $866K | 0.1% | $14.31 | 0.0% | Common Stock | 66661N886 |
| MLGF | Malaga Financial Corporation | 41,269 | $856K | 0.1% | $18.44 | +4.3% | Common Stock | 561046103 |
| FFMH | First Farmers and Merchants Corporation | 20,092 | $769K | 0.1% | $27.67 | +31.7% | Common Stock | 320148109 |
| CBNK | Capital Bancorp, Inc. | 24,022 | $681K | 0.1% | $12.02 | +142.2% | Common Stock | 139737100 |
| SOME | Somerset Trust Holding Company | 10,887 | $531K | 0.1% | $42.29 | +10.0% | Common Stock | 835126103 |
| PTBS | Potomac Bancshares, Inc. | 32,292 | $522K | 0.1% | $11.64 | +31.3% | Common Stock | 737643106 |
| HBT | HBT Financial, Inc. | 18,403 | $412K | 0.1% | $15.65 | +50.3% | Common Stock | 404111106 |
| LOB | Live Oak Bancshares | 10,350 | $276K | 0.0% | $61.92 | -46.3% | Common Stock | 53803X105 |
| RVSB | Riverview Bancorp, Inc. | 7,964 | $44,997 | 0.0% | $4.89 | +9.4% | Common Stock | 769397100 |