Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BAC	BANK AMER CORP	605,536	$10.17M	9.3%	$12.09	+4.0%	COM	060505104
—	MB FINANCIAL INC NEW	297,729	$8.887M	8.1%	$29.85	—	COM	55264U108
CNO	CNO FINL GROUP INC	289,571	$5.146M	4.7%	$12.54	+8.4%	COM	12621E103
—	CAPITAL ONE FINL CORP	102,256	$3.939M	3.6%	$35.44	—	*W EXP 11/14/201	14040H139
—	M & T BK CORP	82,247	$3.709M	3.4%	$43.45	—	*W EXP 12/23/201	55261F112
PNC	PNC FINL SVCS GROUP INC	42,321	$3.559M	3.2%	$51.88	+15.3%	COM	693475105
—	JPMORGAN CHASE & CO	132,139	$2.567M	2.3%	$19.46	—	*W EXP 10/28/201	46634E114
—	SYNOVUS FINL CORP	93,851	$2.34M	2.1%	$24.53	—	COM NEW	87161C501
—	BB&T CORP	62,579	$2.331M	2.1%	$37.31	—	COM	054937107
—	SOUTHERN NATL BANCORP OF VA	189,055	$2.163M	2.0%	$10.03	—	COM	843395104
—	RITE AID CORP	427,103	$2.161M	2.0%	$5.46	—	COM	767754104
—	SOUTH ST CORP	33,836	$2.033M	1.9%	$60.08	—	COM	840441109
—	MERIDIAN BANCORP INC MD	182,657	$2.029M	1.9%	$11.11	—	COM	58958U103
FITB	FIFTH THIRD BANCORP	103,386	$2.018M	1.8%	$13.25	+5.2%	COM	316773100
KEY	KEYCORP NEW	142,960	$1.858M	1.7%	$8.05	+9.6%	COM	493267108
COF	CAPITAL ONE FINL CORP	22,810	$1.841M	1.7%	$57.38	+16.1%	COM	14040H105
SBCF	SEACOAST BKG CORP FLA	143,375	$1.79M	1.6%	$11.22	-6.0%	COM NEW	811707801
—	INVESTORS BANCORP INC NEW	167,717	$1.727M	1.6%	$10.99	—	COM	46146L101
—	COMERICA INC	95,642	$1.648M	1.5%	$19.05	—	*W EXP 11/14/201	200340115
—	HARTFORD FINL SVCS GROUP INC	52,155	$1.586M	1.4%	$27.51	—	*W EXP 06/26/201	416515120
BAC	BANK AMER CORP	257,400	$1.46M	1.3%	$12.09	+4.0%	Call	060505104
NBTB	NBT BANCORP INC	53,997	$1.341M	1.2%	$24.54	-3.5%	COM	628778102
PEG	PUBLIC SVC ENTERPRISE GROUP	33,000	$1.306M	1.2%	$21.50	+15.2%	COM	744573106
—	INVENSENSE INC	128,100	$1.253M	1.1%	$59.61	—	Call	46123D205
NWBI	NORTHWEST BANCSHARES INC MD	99,119	$1.251M	1.1%	$6.88	-1.0%	COM	667340103
C	CITIGROUP INC	23,375	$1.225M	1.1%	$37.66	-0.6%	COM NEW	172967424
—	INVENSENSE INC	20,534	$1.224M	1.1%	$59.61	—	COM	46123D205
HWC	HANCOCK HLDG CO	31,683	$1.087M	1.0%	$33.72	-1.1%	COM	410120109
—	SUNTRUST BKS INC	26,998	$1.037M	0.9%	$36.80	—	COM	867914103
USB	US BANCORP DEL	24,800	$1.03M	0.9%	$25.38	+12.0%	COM NEW	902973304
MS	MORGAN STANLEY	26,487	$910K	0.8%	$22.26	+10.6%	COM NEW	617446448
—	HAMPTON ROADS BANKSHARES INC	517,877	$879K	0.8%	$1.73	—	COM NEW	409321502
THG	HANOVER INS GROUP INC	13,026	$849K	0.8%	$42.09	+7.3%	COM	410867105
—	HUDSON VALLEY HOLDING CORP	36,043	$815K	0.7%	$20.22	—	COM	444172100
MET	METLIFE INC	15,280	$797K	0.7%	$30.13	+10.5%	COM	59156R108
—	PARTNERRE LTD	6,761	$778K	0.7%	$105.46	—	COM	G6852T105
—	LEADING BRANDS INC	185,224	$741K	0.7%	$3.87	—	COM NEW	52170U207
WFC	WELLS FARGO & CO NEW	70,100	$694K	0.6%	$30.76	+21.6%	Call	949746101
RF	REGIONS FINL CORP NEW	69,944	$675K	0.6%	$7.02	-1.6%	COM	7591EP100
—	CIT GROUP INC	13,900	$671K	0.6%	$52.11	—	COM NEW	125581801
—	UNITED FINL BANCORP INC NEW	48,926	$666K	0.6%	$13.55	—	COM	910304104
—	ESSA BANCORP INC	57,471	$651K	0.6%	$11.23	—	COM	29667D104
HBAN	HUNTINGTON BANCSHARES INC	64,330	$625K	0.6%	$5.68	+10.7%	COM	446150104
EFSC	ENTERPRISE FINL SVCS CORP	33,249	$597K	0.5%	$15.16	-4.3%	COM	293712105
TRV	TRAVELERS COMPANIES INC	32,100	$575K	0.5%	$72.50	0.0%	Call	89417E109
—	STERLING BANCORP DEL	40,509	$556K	0.5%	$13.73	—	COM	85917A100
IMPM	IMPAC MTG HLDGS INC	93,993	$547K	0.5%	$6.73	-13.4%	COM NEW	45254P508
—	WELLS FARGO & CO NEW	26,400	$546K	0.5%	$15.91	—	*W EXP 10/28/201	949746119
—	FIRST DEFIANCE FINL CORP	17,541	$521K	0.5%	$27.08	—	COM	32006W106
—	BANK AMER CORP	73,241	$520K	0.5%	$6.47	—	*W EXP 01/16/201	060505146
—	STATE BK FINL CORP	27,200	$483K	0.4%	$17.76	—	COM	856190103
ALL	ALLSTATE CORP	7,600	$481K	0.4%	$41.21	+13.9%	COM	020002101
CNOB	CONNECTONE BANCORP INC NEW	25,500	$480K	0.4%	$15.18	0.0%	COM	20786W107
MS	MORGAN STANLEY	45,300	$447K	0.4%	$22.26	+10.6%	Call	617446448
STT	STATE STR CORP	6,100	$445K	0.4%	$50.63	+2.8%	COM	857477103
META	FACEBOOK INC	5,500	$444K	0.4%	$49.86	+46.1%	CL A	30303M102
CERS	CERUS CORP	104,837	$441K	0.4%	$5.12	-24.9%	COM	157085101
SWKS	SKYWORKS SOLUTIONS INC	14,000	$434K	0.4%	—	—	Call	83088M102
—	LEGG MASON INC	8,200	$419K	0.4%	$43.54	—	COM	524901105
—	DISCOVER FINL SVCS	6,500	$410K	0.4%	$56.00	—	COM	254709108
—	XL GROUP PLC	12,000	$401K	0.4%	$31.25	—	SHS	G98290102
HAFC	HANMI FINL CORP	19,306	$398K	0.4%	$18.99	+10.1%	COM NEW	410495204
AIG	AMERICAN INTL GROUP INC	7,520	$397K	0.4%	$37.86	+10.4%	COM NEW	026874784
—	DISCOVER FINL SVCS	23,800	$388K	0.4%	$56.00	—	Call	254709108
AIG	AMERICAN INTL GROUP INC	32,500	$380K	0.3%	$37.86	+10.4%	Call	026874784
—	ENDURANCE SPECIALTY HLDGS LT	6,600	$377K	0.3%	$58.64	—	SHS	G30397106
—	MONARCH FINANCIAL HOLDINGS I	29,420	$362K	0.3%	$12.30	—	COM	60907Q100
—	UNITED CMNTY BANCORP IND	30,000	$350K	0.3%	$11.67	—	COM	90984R101
BPOP	POPULAR INC	10,982	$349K	0.3%	$20.37	+18.0%	COM NEW	733174700
—	BB&T CORP	71,600	$349K	0.3%	$37.31	—	Call	054937107
—	MAIDEN HOLDINGS LTD	27,500	$346K	0.3%	$12.44	—	SHS	G5753U112
LNC	LINCOLN NATL CORP IND	6,600	$344K	0.3%	$31.80	+12.1%	COM	534187109
ALL	ALLSTATE CORP	19,400	$323K	0.3%	$41.21	+13.9%	Call	020002101
CMA	COMERICA INC	6,350	$295K	0.3%	$28.67	+15.5%	COM	200340107
MET	METLIFE INC	32,041	$294K	0.3%	$30.13	+10.5%	Call	59156R108
RF	REGIONS FINL CORP NEW	169,100	$291K	0.3%	$7.02	-1.6%	Call	7591EP100
WFC	WELLS FARGO & CO NEW	5,619	$291K	0.3%	$30.76	+21.6%	COM	949746101
GS	GOLDMAN SACHS GROUP INC	7,400	$284K	0.3%	—	—	Call	38141G104
—	ALLIED WRLD ASSUR COM HLDG A	7,500	$283K	0.3%	$62.93	—	SHS	H01531104
C	CITIGROUP INC	22,800	$276K	0.3%	$37.66	-0.6%	Call	172967424
—	SUSQUEHANNA BANCSHARES INC P	29,373	$276K	0.3%	$12.83	—	COM	869099101
—	BBCN BANCORP INC	19,981	$273K	0.2%	$16.57	—	COM	073295107
—	PNC FINL SVCS GROUP INC	11,890	$270K	0.2%	$17.75	—	*W EXP 12/31/201	693475121
—	MADISON SQUARE GARDEN CO	3,667	$268K	0.2%	$57.54	—	CL A	55826P100
—	MIDSOUTH BANCORP INC	14,042	$267K	0.2%	$17.87	—	COM	598039105
—	BROOKLINE BANCORP INC DEL	28,505	$265K	0.2%	$9.54	—	COM	11373M107
PFBX	PEOPLES FINL CORP MISS	21,000	$264K	0.2%	$11.10	+6.9%	COM	71103B102
—	GENERAL ELECTRIC CO	71,000	$261K	0.2%	—	—	Call	369604103
GNE	GENIE ENERGY LTD	35,739	$254K	0.2%	$11.22	-35.0%	CL B	372284208
BDX	BECTON DICKINSON & CO	2,000	$253K	0.2%	$85.77	+11.6%	COM	075887109
T	AT&T INC	7,295	$250K	0.2%	$11.17	+6.5%	COM	00206R102
—	MERCHANTS BANCSHARES	8,360	$250K	0.2%	$31.94	—	COM	588448100
LEN	LENNAR CORP	5,600	$246K	0.2%	$30.45	+10.4%	CL A	526057104
—	IBERIABANK CORP	3,605	$240K	0.2%	$69.23	—	COM	450828108
PRU	PRUDENTIAL FINL INC	10,000	$235K	0.2%	—	—	Call	744320102
WSBF	WATERSTONE FINL INC MD	18,561	$224K	0.2%	$10.47	+9.2%	COM	94188P101
BMY	BRISTOL MYERS SQUIBB CO	20,000	$213K	0.2%	$34.16	+0.2%	Call	110122108
AAL	AMERICAN AIRLS GROUP INC	15,800	$211K	0.2%	—	—	Call	02376R102
—	FIRST SEC GROUP INC	103,650	$207K	0.2%	$2.09	—	COM NEW	336312202
UPS	UNITED PARCEL SERVICE INC	2,000	$206K	0.2%	$66.59	-0.4%	CL B	911312106
ABT	ABBOTT LABS	19,600	$203K	0.2%	—	—	Call	002824100
—	ARGO GROUP INTL HLDGS LTD	3,724	$202K	0.2%	$54.24	—	COM	G0464B107
—	SOUTHCOAST FINANCIAL CORP	28,079	$198K	0.2%	$6.06	—	COM	84129R100
—	SUNTRUST BKS INC	32,000	$196K	0.2%	$36.80	—	Call	867914103
—	SUNTRUST BKS INC	20,554	$192K	0.2%	$9.50	—	*W EXP 12/31/201	867914129
—	CLIFTON BANCORP INC	13,702	$177K	0.2%	$12.67	—	COM	186873105
MSFT	MICROSOFT CORP	16,100	$171K	0.2%	—	—	Call	594918104
—	KEARNY FINL CORP	10,946	$155K	0.1%	$14.80	—	COM	487169104
—	FIRST CLOVER LEAF FIN CORP	17,352	$154K	0.1%	$9.80	—	COM	31969M105
BMY	BRISTOL MYERS SQUIBB CO	2,800	$152K	0.1%	$34.16	+0.2%	COM	110122108
KEY	KEYCORP NEW	44,500	$142K	0.1%	$8.05	+9.6%	Call	493267108
—	BED BATH & BEYOND INC	15,000	$139K	0.1%	—	—	Call	075896100
ROST	ROSS STORES INC	10,000	$137K	0.1%	—	—	Call	778296103
PNC	PNC FINL SVCS GROUP INC	18,000	$130K	0.1%	$51.88	+15.3%	Call	693475105
—	HUDSON CITY BANCORP	14,000	$130K	0.1%	$9.46	—	COM	443683107
TRV	TRAVELERS COMPANIES INC	1,200	$120K	0.1%	$72.50	0.0%	COM	89417E109
—	E M C CORP MASS	23,300	$111K	0.1%	—	—	Call	268648102
—	ACE LTD	996	$109K	0.1%	$109.44	—	SHS	H0023R105
—	ACE LTD	11,300	$106K	0.1%	$109.44	—	Call	H0023R105
—	CIT GROUP INC	15,000	$103K	0.1%	$52.11	—	Call	125581801
—	EASTERN VA BANKSHARES INC	16,000	$97,000	0.1%	$7.00	—	COM	277196101
HBAN	HUNTINGTON BANCSHARES INC	15,000	$93,000	0.1%	$5.68	+10.7%	Call	446150104
—	RACKSPACE HOSTING INC	12,000	$92,000	0.1%	—	—	Call	750086100
—	BIOSCRIP INC	14,802	$90,000	0.1%	$8.05	—	COM	09069N108
FITB	FIFTH THIRD BANCORP	74,000	$87,000	0.1%	$13.25	+5.2%	Call	316773100
GNW	GENWORTH FINL INC	22,000	$74,000	0.1%	—	—	Call	37247D106
—	HOLOGIC INC	11,000	$68,000	0.1%	—	—	Call	436440AB7
—	ALCOA INC	10,000	$65,000	0.1%	—	—	Call	013817101
COF	CAPITAL ONE FINL CORP	5,000	$60,000	0.1%	$57.38	+16.1%	Call	14040H105
UPS	UNITED PARCEL SERVICE INC	6,000	$54,000	0.0%	$66.59	-0.4%	Call	911312106
—	RITE AID CORP	30,000	$47,000	0.0%	$5.46	—	Call	767754104
—	YOU ON DEMAND HLDGS INC	25,732	$45,000	0.0%	$2.25	—	COM NEW	98741R207
—	PATRIOT NATL BANCORP INC	24,285	$43,000	0.0%	$1.03	—	COM	70336F104
STT	STATE STR CORP	20,000	$41,000	0.0%	$50.63	+2.8%	Call	857477103
—	AMERICAN INTL GROUP INC	442	$11,000	0.0%	$20.36	—	*W EXP 01/19/202	026874156
—	DENBURY RES INC	15,000	$11,000	0.0%	—	—	Call	247916208
—	TALISMAN ENERGY INC	20,000	$2,000	0.0%	—	—	Call	87425E103