Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
—	MB FINANCIAL INC NEW	202,952	$6.99M	5.3%	$34.44	$29.85	—	COM	55264U108
BAC	BANK AMER CORP	381,972	$6.501M	4.9%	$17.02 *	$12.17	+11.6%	COM	060505104
—	RITE AID CORP	612,895	$5.118M	3.9%	$8.35	$7.01	—	COM	767754104
CNO	CNO FINL GROUP INC	260,310	$4.777M	3.6%	$18.35 *	$12.65	+16.1%	COM	12621E103
—	CAPITAL ONE FINL CORP	102,756	$4.728M	3.6%	$46.01	$35.44	—	*W EXP 11/14/201	14040H139
—	M & T BK CORP	90,277	$4.699M	3.6%	$52.05	$44.20	—	*W EXP 12/23/201	55261F112
PNC	PNC FINL SVCS GROUP INC	41,661	$3.985M	3.0%	$95.65 *	$51.88	+32.0%	COM	693475105
—	JPMORGAN CHASE & CO	132,139	$3.27M	2.5%	$24.75	$19.46	—	*W EXP 10/28/201	46634E114
—	BB&T CORP	68,390	$2.757M	2.1%	$40.31	$37.46	—	COM	054937107
—	SOUTHERN NATL BANCORP OF VA	242,733	$2.689M	2.0%	$11.08	$10.26	—	COM	843395104
—	SOUTH ST CORP	33,836	$2.571M	2.0%	$75.98	$60.08	—	COM	840441109
—	MERIDIAN BANCORP INC MD	191,079	$2.563M	1.9%	$13.41	$11.21	—	COM	58958U103
—	SYNOVUS FINL CORP	82,277	$2.535M	1.9%	$30.81	$24.53	—	COM NEW	87161C501
—	COMERICA INC	102,542	$2.268M	1.7%	$22.12	$18.86	—	*W EXP 11/14/201	200340115
SBCF	SEACOAST BKG CORP FLA	136,564	$2.158M	1.6%	$15.80	$11.22	+40.8%	COM NEW	811707801
FITB	FIFTH THIRD BANCORP	100,659	$2.096M	1.6%	$20.82 *	$13.25	+9.4%	COM	316773100
KEY	KEYCORP NEW	137,760	$2.069M	1.6%	$15.02 *	$8.05	+22.4%	COM	493267108
—	INVESTORS BANCORP INC NEW	167,217	$2.057M	1.6%	$12.30	$10.99	—	COM	46146L101
COF	CAPITAL ONE FINL CORP	22,810	$2.007M	1.5%	$87.99 *	$60.38	+20.4%	COM	14040H105
HWC	HANCOCK HLDG CO	55,912	$1.785M	1.4%	$31.93	$31.98	-0.2%	COM	410120109
—	HARTFORD FINL SVCS GROUP INC	52,155	$1.763M	1.3%	$33.80	$27.51	—	*W EXP 06/26/201	416515120
IMPM	IMPAC MTG HLDGS INC	90,875	$1.739M	1.3%	$19.14 *	$7.06	+163.8%	COM NEW	45254P508
JPM	JPMORGAN CHASE & CO	107,900	$1.695M	1.3%	$15.71 *	$44.66	+14.2%	Call	46625H100
JPM	JPMORGAN CHASE & CO	22,534	$1.527M	1.2%	$67.76 *	$44.66	+14.2%	COM	46625H100
NBTB	NBT BANCORP INC	53,997	$1.413M	1.1%	$26.17	$24.54	+6.6%	COM	628778102
—	HUDSON VALLEY HOLDING CORP	46,732	$1.318M	1.0%	$28.20	$21.80	—	COM	444172100
PEG	PUBLIC SVC ENTERPRISE GROUP	32,600	$1.281M	1.0%	$39.29 *	$21.50	+26.8%	COM	744573106
—	ESSA BANCORP INC	98,688	$1.269M	1.0%	$12.86	$11.56	—	COM	29667D104
—	MIDSOUTH BANCORP INC	83,059	$1.268M	1.0%	$15.27	$15.93	—	COM	598039105
C	CITIGROUP INC	22,823	$1.26M	1.0%	$55.21 *	$37.66	+9.4%	COM NEW	172967424
CERS	CERUS CORP	241,242	$1.252M	1.0%	$5.19	$4.92	+5.5%	COM	157085101
—	HUDSON CITY BANCORP	120,800	$1.194M	0.9%	$9.88	$9.91	—	COM	443683107
BAC	BANK AMER CORP	212,700	$1.149M	0.9%	$5.40 *	$12.17	+11.6%	Call	060505104
—	SUNTRUST BKS INC	26,620	$1.145M	0.9%	$43.01	$36.80	—	COM	867914103
—	STERLING BANCORP DEL	73,277	$1.077M	0.8%	$14.70	$13.82	—	COM	85917A100
USB	US BANCORP DEL	24,800	$1.076M	0.8%	$43.39 *	$25.38	+17.7%	COM NEW	902973304
—	HAMPTON ROADS BANKSHARES INC	494,999	$1.03M	0.8%	$2.08	$1.73	—	COM NEW	409321502
MS	MORGAN STANLEY	25,845	$1.003M	0.8%	$38.81 *	$22.26	+30.2%	COM NEW	617446448
GSBD	GOLDMAN SACHS BDC INC	41,578	$983K	0.7%	$23.64	$21.69	+9.0%	SHS	38147U107
ABR	ARBOR RLTY TR INC	144,235	$975K	0.7%	$6.76	$6.76	—	COM	038923108
RF	REGIONS FINL CORP NEW	93,159	$965K	0.7%	$10.36 *	$6.89	+3.9%	COM	7591EP100
THG	HANOVER INS GROUP INC	13,026	$964K	0.7%	$74.01 *	$42.09	+30.8%	COM	410867105
—	AVENUE FINL HLDGS INC	75,000	$946K	0.7%	$12.61	$12.61	—	COM	05358K102
EFSC	ENTERPRISE FINL SVCS CORP	41,420	$943K	0.7%	$22.77 *	$15.45	+23.0%	COM	293712105
WFC	WELLS FARGO & CO NEW	75,700	$926K	0.7%	$12.23 *	$30.76	+36.0%	Call	949746101
MET	METLIFE INC	15,280	$856K	0.7%	$56.02 *	$30.13	+16.2%	COM	59156R108
—	UNITED CMNTY BANCORP IND	55,000	$760K	0.6%	$13.82	$12.25	—	COM	90984R101
NWBI	NORTHWEST BANCSHARES INC MD	59,193	$759K	0.6%	$12.82 *	$6.88	+4.2%	COM	667340103
—	BENEFICIAL BANCORP INC	60,413	$755K	0.6%	$12.50	$11.57	—	COM	08171T102
—	LEADING BRANDS INC	196,934	$748K	0.6%	$3.80	$3.85	—	COM NEW	52170U207
HBAN	HUNTINGTON BANCSHARES INC	64,330	$728K	0.6%	$11.32 *	$5.68	+30.6%	COM	446150104
—	STATE BK FINL CORP	33,236	$721K	0.5%	$21.69	$18.34	—	COM	856190103
—	FRANKLIN FINL NETWORK INC	29,973	$688K	0.5%	$22.95	$22.95	—	COM	35352P104
—	CIT GROUP INC	14,314	$665K	0.5%	$46.46	$49.18	—	COM NEW	125581801
—	UNITED FINL BANCORP INC NEW	48,926	$658K	0.5%	$13.45	$13.55	—	COM	910304104
—	FIRST DEFIANCE FINL CORP	17,404	$654K	0.5%	$37.58	$27.08	—	COM	32006W106
CNOB	CONNECTONE BANCORP INC NEW	29,500	$635K	0.5%	$21.53 *	$15.05	+13.8%	COM	20786W107
—	SOUTHCOAST FINANCIAL CORP	73,079	$622K	0.5%	$8.51	$6.67	—	COM	84129R100
T	AT&T INC	17,295	$614K	0.5%	$35.50 *	$11.77	+7.8%	COM	00206R102
—	WELLS FARGO & CO NEW	26,400	$594K	0.5%	$22.50	$15.91	—	*W EXP 10/28/201	949746119
OLP	ONE LIBERTY PPTYS INC	26,833	$571K	0.4%	$21.28	$21.28	—	COM	682406103
AIG	AMERICAN INTL GROUP INC	33,500	$569K	0.4%	$16.99 *	$37.86	+25.9%	Call	026874784
—	BB&T CORP	71,600	$564K	0.4%	$7.88	$37.46	—	Call	054937107
MS	MORGAN STANLEY	46,200	$554K	0.4%	$11.99 *	$22.26	+30.2%	Call	617446448
—	BANK AMER CORP	88,241	$544K	0.4%	$6.16	$6.57	—	*W EXP 01/16/201	060505146
—	KKR & CO L P DEL	23,000	$526K	0.4%	$22.87	$22.87	—	COM UNITS	48248M102
ALL	ALLSTATE CORP	7,600	$493K	0.4%	$64.87 *	$41.21	+25.1%	COM	020002101
C	CITIGROUP INC	30,800	$484K	0.4%	$15.71 *	$37.66	+9.4%	Call	172967424
HAFC	HANMI FINL CORP	19,214	$477K	0.4%	$24.83	$18.99	+30.8%	COM NEW	410495204
META	FACEBOOK INC	5,500	$472K	0.4%	$85.82	$49.86	+70.8%	CL A	30303M102
STT	STATE STR CORP	6,100	$470K	0.4%	$77.05 *	$50.63	+13.0%	COM	857477103
AIG	AMERICAN INTL GROUP INC	7,520	$465K	0.4%	$61.84 *	$37.86	+25.9%	COM NEW	026874784
—	XL GROUP PLC	12,000	$446K	0.3%	$37.17	$31.25	—	SHS	G98290102
MET	METLIFE INC	36,100	$436K	0.3%	$12.08 *	$30.13	+16.2%	Call	59156R108
PRU	PRUDENTIAL FINL INC	19,300	$436K	0.3%	$22.59	—	—	Call	744320102
—	ENDURANCE SPECIALTY HLDGS LT	6,600	$434K	0.3%	$65.76	$58.64	—	SHS	G30397106
—	MAIDEN HOLDINGS LTD	27,500	$434K	0.3%	$15.78	$12.44	—	SHS	G5753U112
GS	GOLDMAN SACHS GROUP INC	7,400	$428K	0.3%	$57.84	—	—	Call	38141G104
CMA	COMERICA INC	8,305	$426K	0.3%	$51.29 *	$29.51	+16.7%	COM	200340107
—	LEGG MASON INC	8,200	$423K	0.3%	$51.59	$43.54	—	COM	524901105
—	SUSQUEHANNA BANCSHARES INC P	29,373	$415K	0.3%	$14.13	$12.83	—	COM	869099101
LNC	LINCOLN NATL CORP IND	6,600	$391K	0.3%	$59.24 *	$31.80	+26.1%	COM	534187109
—	WESTFIELD FINANCIAL INC NEW	53,333	$390K	0.3%	$7.31	$7.35	—	COM	96008P104
NXPI	NXP SEMICONDUCTORS N V	10,500	$383K	0.3%	$36.48	—	—	Call	N6596X109
CROX	CROCS INC	25,492	$375K	0.3%	$14.71	$12.37	+18.9%	COM	227046109
—	DISCOVER FINL SVCS	6,500	$375K	0.3%	$57.69	$56.00	—	COM	254709108
—	MONARCH FINANCIAL HOLDINGS I	29,420	$369K	0.3%	$12.54	$12.30	—	COM	60907Q100
—	PNC FINL SVCS GROUP INC	11,890	$342K	0.3%	$28.76	$17.75	—	*W EXP 12/31/201	693475121
—	ALLIED WRLD ASSUR COM HLDG A	7,500	$324K	0.2%	$43.20	$62.93	—	SHS	H01531104
—	BROOKLINE BANCORP INC DEL	28,405	$321K	0.2%	$11.30	$9.54	—	COM	11373M107
BPOP	POPULAR INC	10,982	$317K	0.2%	$28.87 *	$20.37	+6.8%	COM NEW	733174700
WFC	WELLS FARGO & CO NEW	5,619	$316K	0.2%	$56.24 *	$30.76	+36.0%	COM	949746101
—	MADISON SQUARE GARDEN CO	3,667	$306K	0.2%	$83.45	$57.54	—	CL A	55826P100
PNC	PNC FINL SVCS GROUP INC	18,000	$304K	0.2%	$16.89 *	$51.88	+32.0%	Call	693475105
KEY	KEYCORP NEW	54,500	$297K	0.2%	$5.45 *	$8.05	+22.4%	Call	493267108
—	BBCN BANCORP INC	19,981	$296K	0.2%	$14.81	$16.57	—	COM	073295107
—	GENERAL ELECTRIC CO	71,000	$293K	0.2%	$4.13	—	—	Call	369604103
GNE	GENIE ENERGY LTD	27,426	$287K	0.2%	$10.46	$11.22	-6.6%	CL B	372284208
LEN	LENNAR CORP	5,600	$286K	0.2%	$51.07 *	$30.45	+44.9%	CL A	526057104
BDX	BECTON DICKINSON & CO	2,000	$283K	0.2%	$141.50 *	$85.77	+37.4%	COM	075887109
BK	BANK NEW YORK MELLON CORP	30,100	$282K	0.2%	$9.37	—	—	Call	064058100
BMY	BRISTOL MYERS SQUIBB CO	20,000	$282K	0.2%	$14.10 *	$34.16	+36.0%	Call	110122108
ABT	ABBOTT LABS	19,600	$281K	0.2%	$14.34	—	—	Call	002824100
—	MERCHANTS BANCSHARES	8,360	$276K	0.2%	$33.01	$31.94	—	COM	588448100
—	DISCOVER FINL SVCS	26,400	$274K	0.2%	$10.38	$56.00	—	Call	254709108
OSBC	OLD SECOND BANCORP INC ILL	40,000	$264K	0.2%	$6.60 *	$4.45	+35.6%	COM	680277100
SWKS	SKYWORKS SOLUTIONS INC	4,300	$258K	0.2%	$60.00	—	—	Call	83088M102
WSBF	WATERSTONE FINL INC MD	18,561	$245K	0.2%	$13.20	$10.47	+26.1%	COM	94188P101
—	SUNTRUST BKS INC	22,000	$241K	0.2%	$10.95	$36.80	—	Call	867914103
—	SUNTRUST BKS INC	22,854	$240K	0.2%	$10.50	$9.60	—	*W EXP 12/31/201	867914129
—	ARGO GROUP INTL HLDGS LTD	4,092	$228K	0.2%	$55.72	$50.10	—	COM	G0464B107
—	GUARANTY FED BANCSHARES INC	15,000	$221K	0.2%	$14.73	$14.73	—	COM	40108P101
PFBX	PEOPLES FINL CORP MISS	21,000	$219K	0.2%	$10.43 *	$11.10	-22.2%	COM	71103B102
TRV	TRAVELERS COMPANIES INC	21,600	$215K	0.2%	$9.95 *	$72.50	+5.8%	Call	89417E109
PFE	PFIZER INC	6,000	$201K	0.2%	$33.50 *	$20.10	+1.2%	COM	717081103
ALL	ALLSTATE CORP	22,100	$200K	0.2%	$9.05 *	$41.21	+25.1%	Call	020002101
RF	REGIONS FINL CORP NEW	109,100	$194K	0.1%	$1.78 *	$6.89	+3.9%	Call	7591EP100
FITB	FIFTH THIRD BANCORP	74,000	$194K	0.1%	$2.62 *	$13.25	+9.4%	Call	316773100
—	CLIFTON BANCORP INC	13,702	$192K	0.1%	$14.01	$14.09	—	COM	186873105
—	HOLOGIC INC	11,000	$188K	0.1%	$17.09	—	—	Call	436440AB7
KRNY	KEARNY FINL CORP MD	17,036	$181K	0.1%	$10.62 *	$10.55	+5.7%	COM	48716P108
—	ORITANI FINL CORP DEL	10,800	$173K	0.1%	$16.02	$16.02	—	COM	68633D103
—	MAGNUM HUNTER RES CORP DEL	89,000	$166K	0.1%	$1.87	$2.00	—	COM	55973B102
—	FIRST CLOVER LEAF FIN CORP	17,352	$159K	0.1%	$9.16	$9.80	—	COM	31969M105
FCCO	FIRST CMNTY CORP S C	13,500	$159K	0.1%	$11.78 *	$9.35	+0.4%	COM	319835104
ZION	ZIONS BANCORPORATION	20,000	$149K	0.1%	$7.45	—	—	Call	989701107
—	ALCOA INC	19,800	$139K	0.1%	$7.02	—	—	Call	013817101
ROST	ROSS STORES INC	10,000	$135K	0.1%	$13.50	—	—	Call	778296103
—	NEWBRIDGE BANCORP	15,000	$134K	0.1%	$8.93	$8.91	—	CL A NO PAR	65080T102
—	CIT GROUP INC	12,000	$124K	0.1%	$10.33	$49.18	—	Call	125581801
—	BAY BANCORP INC	23,698	$121K	0.1%	$5.11	$5.19	—	COM	07203T106
MSFT	MICROSOFT CORP	16,700	$112K	0.1%	$6.71	—	—	Call	594918104
—	FIRST CAPITAL BANCORP VA	25,000	$107K	0.1%	$4.28	$4.28	—	COM	319438107
—	EASTERN VA BANKSHARES INC	16,000	$101K	0.1%	$6.31	$7.00	—	COM	277196101
—	SEVERN BANCORP ANNAPOLIS MD	19,558	$94,000	0.1%	$4.81	$4.81	—	COM	81811M100
—	E M C CORP MASS	23,300	$71,000	0.1%	$3.05	—	—	Call	268648102
HUN	HUNTSMAN CORP	15,000	$61,000	0.0%	$4.07	—	—	Call	447011107
—	BIOSCRIP INC	14,802	$54,000	0.0%	$3.65	$8.05	—	COM	09069N108
—	YOU ON DEMAND HLDGS INC	25,432	$53,000	0.0%	$2.08	$6.36	—	COM NEW	98741R207
—	GLAXOSMITHKLINE PLC	10,000	$40,000	0.0%	$4.00	—	—	Call	37733W105
PFE	PFIZER INC	10,000	$38,000	0.0%	$3.80 *	$20.10	+1.2%	Call	717081103
—	HERTZ GLOBAL HOLDINGS INC	11,000	$25,000	0.0%	$2.27	—	—	Call	42805T105
—	ACE LTD	18,700	$24,000	0.0%	$1.28	$109.44	—	Call	H0023R105
—	INVENSENSE INC	10,000	$6,000	0.0%	$0.60	—	—	Call	46123D205
GNW	GENWORTH FINL INC	22,000	$4,000	0.0%	$0.18	—	—	Call	37247D106