Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	MB FINANCIAL INC NEW	243,050	$7.61M	6.9%	$29.85	—	COM	55264U108
CNO	CNO FINL GROUP INC	322,575	$5.555M	5.1%	$12.65	+3.7%	COM	12621E103
—	M & T BK CORP	86,645	$4.549M	4.2%	$43.87	—	*W EXP 12/23/201	55261F112
PNC	PNC FINL SVCS GROUP INC	41,661	$3.884M	3.5%	$51.88	+23.9%	COM	693475105
—	CAPITAL ONE FINL CORP	102,756	$3.806M	3.5%	$35.44	—	*W EXP 11/14/201	14040H139
—	RITE AID CORP	355,662	$3.093M	2.8%	$6.04	—	COM	767754104
—	JPMORGAN CHASE & CO	132,139	$2.908M	2.7%	$19.46	—	*W EXP 10/28/201	46634E114
BAC	BANK AMER CORP	472,466	$2.691M	2.5%	$12.17	+4.8%	COM	060505104
—	BB&T CORP	68,490	$2.671M	2.4%	$37.46	—	COM	054937107
—	SYNOVUS FINL CORP	88,277	$2.472M	2.3%	$24.53	—	COM NEW	87161C501
—	MERIDIAN BANCORP INC MD	182,413	$2.403M	2.2%	$11.11	—	COM	58958U103
—	SOUTH ST CORP	33,836	$2.314M	2.1%	$60.08	—	COM	840441109
—	SOUTHERN NATL BANCORP OF VA	189,933	$2.26M	2.1%	$10.03	—	COM	843395104
KEY	KEYCORP NEW	142,760	$2.021M	1.8%	$8.05	+11.1%	COM	493267108
—	INVESTORS BANCORP INC NEW	167,217	$1.96M	1.8%	$10.99	—	COM	46146L101
SBCF	SEACOAST BKG CORP FLA	136,564	$1.949M	1.8%	$11.22	+17.7%	COM NEW	811707801
FITB	FIFTH THIRD BANCORP	100,659	$1.897M	1.7%	$13.25	-2.2%	COM	316773100
COF	CAPITAL ONE FINL CORP	22,810	$1.798M	1.6%	$60.38	+6.9%	COM	14040H105
—	HARTFORD FINL SVCS GROUP INC	52,155	$1.774M	1.6%	$27.51	—	*W EXP 06/26/201	416515120
HWC	HANCOCK HLDG CO	55,912	$1.669M	1.5%	$31.98	-10.5%	COM	410120109
—	COMERICA INC	102,542	$1.662M	1.5%	$18.86	—	*W EXP 11/14/201	200340115
PEG	PUBLIC SVC ENTERPRISE GROUP	32,600	$1.367M	1.2%	$21.50	+32.6%	COM	744573106
JPM	JPMORGAN CHASE & CO	22,534	$1.365M	1.2%	$44.66	-0.9%	COM	46625H100
NBTB	NBT BANCORP INC	53,997	$1.353M	1.2%	$24.54	-0.8%	COM	628778102
—	ESSA BANCORP INC	98,688	$1.265M	1.2%	$11.56	—	COM	29667D104
—	HUDSON VALLEY HOLDING CORP	46,732	$1.194M	1.1%	$21.80	—	COM	444172100
C	CITIGROUP INC	22,823	$1.176M	1.1%	$37.66	+0.7%	COM NEW	172967424
IMPM	IMPAC MTG HLDGS INC	88,375	$1.1M	1.0%	$6.73	+41.5%	COM NEW	45254P508
—	SUNTRUST BKS INC	26,620	$1.094M	1.0%	$36.80	—	COM	867914103
USB	US BANCORP DEL	24,800	$1.083M	1.0%	$25.38	+17.4%	COM NEW	902973304
NWBI	NORTHWEST BANCSHARES INC MD	84,119	$997K	0.9%	$6.88	-4.9%	COM	667340103
BAC	BANK AMER CORP	257,400	$952K	0.9%	$12.17	+4.8%	Call	060505104
THG	HANOVER INS GROUP INC	13,026	$945K	0.9%	$42.09	+23.8%	COM	410867105
—	HAMPTON ROADS BANKSHARES INC	494,999	$936K	0.9%	$1.73	—	COM NEW	409321502
MS	MORGAN STANLEY	26,145	$933K	0.9%	$22.26	+19.8%	COM NEW	617446448
RF	REGIONS FINL CORP NEW	92,459	$874K	0.8%	$6.89	-6.1%	COM	7591EP100
EFSC	ENTERPRISE FINL SVCS CORP	41,420	$855K	0.8%	$15.45	+7.5%	COM	293712105
—	STERLING BANCORP DEL	59,954	$804K	0.7%	$13.62	—	COM	85917A100
—	MIDSOUTH BANCORP INC	54,216	$799K	0.7%	$16.28	—	COM	598039105
CERS	CERUS CORP	188,552	$786K	0.7%	$4.97	+3.1%	COM	157085101
—	PARTNERRE LTD	6,761	$773K	0.7%	$105.46	—	COM	G6852T105
MET	METLIFE INC	15,280	$772K	0.7%	$30.13	+3.6%	COM	59156R108
JPM	JPMORGAN CHASE & CO	107,900	$715K	0.7%	$44.66	-0.9%	Call	46625H100
HBAN	HUNTINGTON BANCSHARES INC	64,330	$711K	0.6%	$5.68	+20.8%	COM	446150104
—	STATE BK FINL CORP	33,136	$696K	0.6%	$18.34	—	COM	856190103
CNOB	CONNECTONE BANCORP INC NEW	35,500	$691K	0.6%	$15.05	-2.2%	COM	20786W107
—	CIT GROUP INC	13,700	$618K	0.6%	$49.30	—	COM NEW	125581801
—	UNITED FINL BANCORP INC NEW	48,926	$608K	0.6%	$13.55	—	COM	910304104
—	LEADING BRANDS INC	193,394	$586K	0.5%	$3.85	—	COM NEW	52170U207
—	HUDSON CITY BANCORP	55,624	$583K	0.5%	$9.94	—	COM	443683107
—	FIRST DEFIANCE FINL CORP	17,406	$571K	0.5%	$27.08	—	COM	32006W106
ALL	ALLSTATE CORP	7,600	$541K	0.5%	$41.21	+35.1%	COM	020002101
—	WELLS FARGO & CO NEW	26,400	$541K	0.5%	$15.91	—	*W EXP 10/28/201	949746119
—	BENEFICIAL BANCORP INC	47,072	$532K	0.5%	$11.30	—	COM	08171T102
—	SOUTHCOAST FINANCIAL CORP	73,079	$529K	0.5%	$6.67	—	COM	84129R100
SWKS	SKYWORKS SOLUTIONS INC	14,200	$519K	0.5%	—	—	Call	83088M102
—	BANK AMER CORP	88,241	$518K	0.5%	$6.57	—	*W EXP 01/16/201	060505146
—	UNITED CMNTY BANCORP IND	40,000	$513K	0.5%	$11.66	—	COM	90984R101
—	FIRST SEC GROUP INC	205,179	$492K	0.4%	$2.15	—	COM NEW	336312202
—	LEGG MASON INC	8,200	$453K	0.4%	$43.54	—	COM	524901105
META	FACEBOOK INC	5,500	$452K	0.4%	$49.86	+56.0%	CL A	30303M102
STT	STATE STR CORP	6,100	$449K	0.4%	$50.63	+9.0%	COM	857477103
—	XL GROUP PLC	12,000	$442K	0.4%	$31.25	—	SHS	G98290102
—	BB&T CORP	90,600	$440K	0.4%	$37.46	—	Call	054937107
TRV	TRAVELERS COMPANIES INC	21,600	$419K	0.4%	$72.50	+15.8%	Call	89417E109
—	WESTFIELD FINANCIAL INC NEW	53,333	$412K	0.4%	$7.35	—	COM	96008P104
AIG	AMERICAN INTL GROUP INC	7,520	$412K	0.4%	$37.86	+8.8%	COM NEW	026874784
—	MAIDEN HOLDINGS LTD	27,500	$408K	0.4%	$12.44	—	SHS	G5753U112
HAFC	HANMI FINL CORP	19,214	$406K	0.4%	$18.99	+8.3%	COM NEW	410495204
—	ENDURANCE SPECIALTY HLDGS LT	6,600	$404K	0.4%	$58.64	—	SHS	G30397106
—	SUSQUEHANNA BANCSHARES INC P	29,373	$403K	0.4%	$12.83	—	COM	869099101
LNC	LINCOLN NATL CORP IND	6,600	$379K	0.3%	$31.80	+18.5%	COM	534187109
BPOP	POPULAR INC	10,982	$378K	0.3%	$20.37	+22.4%	COM NEW	733174700
WFC	WELLS FARGO & CO NEW	55,000	$378K	0.3%	$30.76	+29.5%	Call	949746101
—	MONARCH FINANCIAL HOLDINGS I	29,420	$368K	0.3%	$12.30	—	COM	60907Q100
—	DISCOVER FINL SVCS	6,500	$366K	0.3%	$56.00	—	COM	254709108
—	PNC FINL SVCS GROUP INC	11,890	$312K	0.3%	$17.75	—	*W EXP 12/31/201	693475121
—	MADISON SQUARE GARDEN CO	3,667	$310K	0.3%	$57.54	—	CL A	55826P100
WFC	WELLS FARGO & CO NEW	5,619	$306K	0.3%	$30.76	+29.5%	COM	949746101
CMA	COMERICA INC	6,747	$305K	0.3%	$28.80	+3.2%	COM	200340107
—	ALLIED WRLD ASSUR COM HLDG A	7,500	$303K	0.3%	$62.93	—	SHS	H01531104
CROX	CROCS INC	25,492	$301K	0.3%	$12.37	-9.4%	COM	227046109
MS	MORGAN STANLEY	46,200	$301K	0.3%	$22.26	+19.8%	Call	617446448
BMY	BRISTOL MYERS SQUIBB CO	20,000	$299K	0.3%	$34.16	+27.2%	Call	110122108
LEN	LENNAR CORP	5,600	$290K	0.3%	$30.45	+35.7%	CL A	526057104
—	BBCN BANCORP INC	19,981	$289K	0.3%	$16.57	—	COM	073295107
BDX	BECTON DICKINSON & CO	2,000	$287K	0.3%	$85.77	+38.2%	COM	075887109
—	BROOKLINE BANCORP INC DEL	28,405	$285K	0.3%	$9.54	—	COM	11373M107
AIG	AMERICAN INTL GROUP INC	33,500	$263K	0.2%	$37.86	+8.8%	Call	026874784
NXPI	NXP SEMICONDUCTORS N V	10,400	$252K	0.2%	—	—	Call	N6596X109
ALL	ALLSTATE CORP	22,100	$250K	0.2%	$41.21	+35.1%	Call	020002101
—	MERCHANTS BANCSHARES	8,360	$244K	0.2%	$31.94	—	COM	588448100
T	AT&T INC	7,295	$238K	0.2%	$11.17	+5.5%	COM	00206R102
WSBF	WATERSTONE FINL INC MD	18,561	$238K	0.2%	$10.47	+23.2%	COM	94188P101
OSBC	OLD SECOND BANCORP INC ILL	40,000	$229K	0.2%	$4.45	+12.0%	COM	680277100
GNE	GENIE ENERGY LTD	27,426	$218K	0.2%	$11.22	-39.9%	CL B	372284208
PFBX	PEOPLES FINL CORP MISS	21,000	$214K	0.2%	$11.10	-12.8%	COM	71103B102
—	SUNTRUST BKS INC	20,554	$212K	0.2%	$9.50	—	*W EXP 12/31/201	867914129
PFE	PFIZER INC	6,000	$209K	0.2%	$20.10	0.0%	COM	717081103
—	SUNTRUST BKS INC	32,000	$207K	0.2%	$36.80	—	Call	867914103
—	ARGO GROUP INTL HLDGS LTD	4,092	$205K	0.2%	$50.10	—	COM	G0464B107
PNC	PNC FINL SVCS GROUP INC	18,000	$196K	0.2%	$51.88	+23.9%	Call	693475105
—	CLIFTON BANCORP INC	13,702	$193K	0.2%	$14.09	—	COM	186873105
—	DISCOVER FINL SVCS	26,400	$180K	0.2%	$56.00	—	Call	254709108
BMY	BRISTOL MYERS SQUIBB CO	2,794	$180K	0.2%	$34.16	+27.2%	COM	110122108
ABT	ABBOTT LABS	19,600	$180K	0.2%	—	—	Call	002824100
—	GENERAL ELECTRIC CO	71,000	$176K	0.2%	—	—	Call	369604103
KEY	KEYCORP NEW	54,500	$158K	0.1%	$8.05	+11.1%	Call	493267108
—	CAROLINA FINL CORP NEW	11,754	$156K	0.1%	$14.04	—	COM	143873107
MET	METLIFE INC	36,100	$155K	0.1%	$30.13	+3.6%	Call	59156R108
—	FIRST CLOVER LEAF FIN CORP	17,352	$152K	0.1%	$9.80	—	COM	31969M105
—	KEARNY FINL CORP	10,946	$149K	0.1%	$14.80	—	COM	487169104
C	CITIGROUP INC	22,800	$146K	0.1%	$37.66	+0.7%	Call	172967424
PRU	PRUDENTIAL FINL INC	15,000	$136K	0.1%	—	—	Call	744320102
TRV	TRAVELERS COMPANIES INC	1,200	$130K	0.1%	$72.50	+15.8%	COM	89417E109
—	BAY BANCORP INC	23,698	$123K	0.1%	$5.19	—	COM	07203T106
—	ACE LTD	18,700	$117K	0.1%	$109.44	—	Call	H0023R105
—	ACE LTD	996	$111K	0.1%	$109.44	—	SHS	H0023R105
—	HOLOGIC INC	13,600	$106K	0.1%	—	—	Call	436440AB7
RF	REGIONS FINL CORP NEW	109,100	$102K	0.1%	$6.89	-6.1%	Call	7591EP100
—	EASTERN VA BANKSHARES INC	16,000	$100K	0.1%	$7.00	—	COM	277196101
—	NEWBRIDGE BANCORP	10,000	$89,000	0.1%	$8.90	—	CL A NO PAR	65080T102
—	CIT GROUP INC	12,000	$68,000	0.1%	$49.30	—	Call	125581801
—	BIOSCRIP INC	14,802	$66,000	0.1%	$8.05	—	COM	09069N108
MSFT	MICROSOFT CORP	16,700	$58,000	0.1%	—	—	Call	594918104
ZION	ZIONS BANCORPORATION	20,000	$57,000	0.1%	—	—	Call	989701107
—	YOU ON DEMAND HLDGS INC	25,432	$55,000	0.1%	$6.36	—	COM NEW	98741R207
COF	CAPITAL ONE FINL CORP	5,000	$55,000	0.1%	$60.38	+6.9%	Call	14040H105
FITB	FIFTH THIRD BANCORP	74,000	$49,000	0.0%	$13.25	-2.2%	Call	316773100
—	E M C CORP MASS	23,300	$47,000	0.0%	—	—	Call	268648102
PFE	PFIZER INC	10,000	$44,000	0.0%	$20.10	0.0%	Call	717081103
—	ALCOA INC	10,000	$36,000	0.0%	—	—	Call	013817101
—	INVENSENSE INC	25,000	$35,000	0.0%	—	—	Call	46123D205
HBAN	HUNTINGTON BANCSHARES INC	15,000	$35,000	0.0%	$5.68	+20.8%	Call	446150104
—	HERTZ GLOBAL HOLDINGS INC	11,000	$35,000	0.0%	—	—	Call	42805T105
—	MAGNUM HUNTER RES CORP DEL	10,000	$27,000	0.0%	$3.10	—	COM	55973B102
GNW	GENWORTH FINL INC	25,000	$6,000	0.0%	—	—	Call	37247D106