Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	MB FINANCIAL INC NEW	202,852	$6.621M	5.4%	$29.85	—	COM	55264U108
BAC	BANK AMER CORP	397,408	$6.191M	5.1%	$12.22	+10.0%	COM	060505104
—	SOUTHERN NATL BANCORP OF VA	421,394	$4.757M	3.9%	$10.69	—	COM	843395104
CNO	CNO FINL GROUP INC	248,010	$4.665M	3.8%	$12.65	+15.0%	COM	12621E103
—	M & T BK CORP	90,577	$4.459M	3.6%	$44.20	—	*W EXP 12/23/201	55261F112
PNC	PNC FINL SVCS GROUP INC	41,661	$3.716M	3.0%	$51.88	+30.5%	COM	693475105
—	CAPITAL ONE FINL CORP	116,306	$3.688M	3.0%	$35.00	—	*W EXP 11/14/201	14040H139
—	RITE AID CORP	599,435	$3.639M	3.0%	$7.01	—	COM	767754104
—	JPMORGAN CHASE & CO	137,039	$2.728M	2.2%	$19.48	—	*W EXP 10/28/201	46634E114
—	BB&T CORP	76,206	$2.713M	2.2%	$37.27	—	COM	054937107
—	MERIDIAN BANCORP INC MD	191,079	$2.612M	2.1%	$11.21	—	COM	58958U103
—	SOUTH ST CORP	33,836	$2.601M	2.1%	$60.08	—	COM	840441109
—	STERLING BANCORP DEL	165,591	$2.462M	2.0%	$14.40	—	COM	85917A100
—	SYNOVUS FINL CORP	82,277	$2.436M	2.0%	$24.53	—	COM NEW	87161C501
—	INVESTORS BANCORP INC NEW	167,217	$2.063M	1.7%	$10.99	—	COM	46146L101
SBCF	SEACOAST BKG CORP FLA	138,564	$2.007M	1.6%	$11.28	+36.0%	COM NEW	811707801
—	HARTFORD FINL SVCS GROUP INC	52,155	$1.991M	1.6%	$27.51	—	*W EXP 06/26/201	416515120
FITB	FIFTH THIRD BANCORP	100,659	$1.903M	1.6%	$13.25	+6.8%	COM	316773100
KEY	KEYCORP NEW	137,760	$1.792M	1.5%	$8.05	+16.0%	COM	493267108
COF	CAPITAL ONE FINL CORP	22,810	$1.654M	1.4%	$60.38	+10.2%	COM	14040H105
—	HUDSON CITY BANCORP	155,800	$1.584M	1.3%	$9.97	—	COM	443683107
IMPM	IMPAC MTG HLDGS INC	95,375	$1.559M	1.3%	$7.59	+141.1%	COM NEW	45254P508
HWC	HANCOCK HLDG CO	55,912	$1.512M	1.2%	$31.98	-11.2%	COM	410120109
NBTB	NBT BANCORP INC	53,997	$1.455M	1.2%	$24.54	+7.9%	COM	628778102
JPM	JPMORGAN CHASE & CO	22,534	$1.374M	1.1%	$44.66	+11.1%	COM	46625H100
PEG	PUBLIC SVC ENTERPRISE GROUP	32,600	$1.374M	1.1%	$21.50	+32.1%	COM	744573106
—	COMERICA INC	104,462	$1.306M	1.1%	$18.74	—	*W EXP 11/14/201	200340115
CERS	CERUS CORP	286,880	$1.303M	1.1%	$4.96	+4.4%	COM	157085101
ABR	ARBOR RLTY TR INC	203,853	$1.297M	1.1%	$6.64	—	COM	038923108
—	ESSA BANCORP INC	98,688	$1.279M	1.0%	$11.56	—	COM	29667D104
—	SUNTRUST BKS INC	32,620	$1.247M	1.0%	$37.06	—	COM	867914103
C	CITIGROUP INC	22,823	$1.132M	0.9%	$37.66	+8.2%	COM NEW	172967424
JPM	JPMORGAN CHASE & CO	107,900	$1.116M	0.9%	$44.66	+11.1%	Call	46625H100
EFSC	ENTERPRISE FINL SVCS CORP	41,420	$1.043M	0.9%	$15.45	+29.5%	COM	293712105
USB	US BANCORP DEL	24,800	$1.017M	0.8%	$25.38	+17.5%	COM NEW	902973304
THG	HANOVER INS GROUP INC	13,026	$1.012M	0.8%	$42.09	+40.2%	COM	410867105
—	AVENUE FINL HLDGS INC	75,000	$990K	0.8%	$12.61	—	COM	05358K102
—	MIDSOUTH BANCORP INC	83,059	$972K	0.8%	$15.93	—	COM	598039105
—	HAMPTON ROADS BANKSHARES INC	494,999	$940K	0.8%	$1.73	—	COM NEW	409321502
BAC	BANK AMER CORP	231,100	$930K	0.8%	$12.22	+10.0%	Call	060505104
RF	REGIONS FINL CORP NEW	93,159	$839K	0.7%	$6.89	-0.8%	COM	7591EP100
—	BENEFICIAL BANCORP INC	62,072	$823K	0.7%	$11.61	—	COM	08171T102
—	UNITED CMNTY BANCORP IND	55,000	$822K	0.7%	$12.25	—	COM	90984R101
MS	MORGAN STANLEY	25,845	$814K	0.7%	$22.26	+22.5%	COM NEW	617446448
NWBI	NORTHWEST BANCSHARES INC MD	59,193	$770K	0.6%	$6.88	+4.5%	COM	667340103
GSBD	GOLDMAN SACHS BDC INC	41,578	$765K	0.6%	$21.69	+5.4%	SHS	38147U107
MET	METLIFE INC	15,280	$720K	0.6%	$30.13	+9.2%	COM	59156R108
—	LEADING BRANDS INC	196,934	$695K	0.6%	$3.85	—	COM NEW	52170U207
—	STATE BK FINL CORP	33,236	$687K	0.6%	$18.34	—	COM	856190103
OLP	ONE LIBERTY PPTYS INC	31,448	$671K	0.5%	$21.29	—	COM	682406103
—	FRANKLIN FINL NETWORK INC	29,973	$670K	0.5%	$22.95	—	COM	35352P104
—	UNITED FINL BANCORP INC NEW	48,926	$638K	0.5%	$13.55	—	COM	910304104
—	FIRST DEFIANCE FINL CORP	17,016	$622K	0.5%	$27.08	—	COM	32006W106
—	WELLS FARGO & CO NEW	75,700	$614K	0.5%	$16.32	—	Call	949746119
—	WELLS FARGO & CO NEW	30,500	$579K	0.5%	$16.32	—	*W EXP 10/28/201	949746119
HBAN	HUNTINGTON BANCSHARES INC	54,330	$576K	0.5%	$5.68	+28.9%	COM	446150104
CNOB	CONNECTONE BANCORP INC NEW	29,500	$569K	0.5%	$15.05	+7.5%	COM	20786W107
T	AT&T INC	17,295	$563K	0.5%	$11.77	+4.2%	COM	00206R102
—	CIT GROUP INC	13,900	$556K	0.5%	$49.18	—	COM NEW	125581801
SWKS	SKYWORKS SOLUTIONS INC	14,500	$523K	0.4%	—	—	Call	83088M102
—	BANK AMER CORP	88,241	$506K	0.4%	$6.57	—	*W EXP 01/16/201	060505146
META	FACEBOOK INC	5,500	$494K	0.4%	$49.86	+82.8%	CL A	30303M102
HAFC	HANMI FINL CORP	19,214	$484K	0.4%	$18.99	+31.4%	COM NEW	410495204
—	SOUTHCOAST FINANCIAL CORP	36,000	$480K	0.4%	$6.67	—	COM	84129R100
ALL	ALLSTATE CORP	7,600	$443K	0.4%	$41.21	+20.8%	COM	020002101
—	XL GROUP PLC	12,000	$436K	0.4%	$31.25	—	SHS	G98290102
AIG	AMERICAN INTL GROUP INC	7,520	$427K	0.3%	$37.86	+24.6%	COM NEW	026874784
STT	STATE STR CORP	6,100	$410K	0.3%	$50.63	+9.2%	COM	857477103
—	WESTFIELD FINANCIAL INC NEW	53,333	$408K	0.3%	$7.35	—	COM	96008P104
—	ENDURANCE SPECIALTY HLDGS LT	6,600	$403K	0.3%	$58.64	—	SHS	G30397106
—	KKR & CO L P DEL	23,000	$386K	0.3%	$22.87	—	COM UNITS	48248M102
—	COWEN GROUP INC NEW	84,000	$383K	0.3%	$4.56	—	CL A	223622101
—	MAIDEN HOLDINGS LTD	27,500	$382K	0.3%	$12.44	—	SHS	G5753U112
AIG	AMERICAN INTL GROUP INC	33,500	$380K	0.3%	$37.86	+24.6%	Call	026874784
—	MONARCH FINANCIAL HOLDINGS I	29,420	$365K	0.3%	$12.30	—	COM	60907Q100
CMA	COMERICA INC	8,702	$358K	0.3%	$29.55	+3.4%	COM	200340107
—	LEGG MASON INC	8,200	$341K	0.3%	$43.54	—	COM	524901105
—	DISCOVER FINL SVCS	6,500	$338K	0.3%	$56.00	—	COM	254709108
BPOP	POPULAR INC	10,982	$332K	0.3%	$20.37	+10.7%	COM NEW	733174700
CROX	CROCS INC	25,492	$329K	0.3%	$12.37	+17.2%	COM	227046109
LNC	LINCOLN NATL CORP IND	6,600	$313K	0.3%	$31.80	+14.6%	COM	534187109
—	RADIUS HEALTH INC	4,500	$312K	0.3%	$69.33	—	COM NEW	750469207
—	BBCN BANCORP INC	19,981	$300K	0.2%	$16.57	—	COM	073295107
C	CITIGROUP INC	30,800	$300K	0.2%	$37.66	+8.2%	Call	172967424
BK	BANK NEW YORK MELLON CORP	45,000	$296K	0.2%	$32.00	0.0%	Call	064058100
—	PNC FINL SVCS GROUP INC	11,890	$290K	0.2%	$17.75	—	*W EXP 12/31/201	693475121
—	SUNTRUST BKS INC	35,154	$289K	0.2%	$9.12	—	*W EXP 12/31/201	867914129
WFC	WELLS FARGO & CO NEW	5,619	$289K	0.2%	$30.76	+33.5%	COM	949746101
—	BROOKLINE BANCORP INC DEL	28,405	$288K	0.2%	$9.54	—	COM	11373M107
—	ALLIED WRLD ASSUR COM HLDG A	7,500	$286K	0.2%	$62.93	—	SHS	H01531104
LEN	LENNAR CORP	5,600	$270K	0.2%	$30.45	+46.5%	CL A	526057104
NXPI	NXP SEMICONDUCTORS N V	10,500	$267K	0.2%	—	—	Call	N6596X109
—	MADISON SQUARE GARDEN CO	3,667	$265K	0.2%	$57.54	—	CL A	55826P100
BDX	BECTON DICKINSON & CO	2,000	$265K	0.2%	$85.77	+39.0%	COM	075887109
MS	MORGAN STANLEY	46,200	$261K	0.2%	$22.26	+22.5%	Call	617446448
TRV	TRAVELERS COMPANIES INC	21,600	$257K	0.2%	$81.32	0.0%	Call	89417E109
WSBF	WATERSTONE FINL INC MD	18,561	$250K	0.2%	$10.47	+24.9%	COM	94188P101
OSBC	OLD SECOND BANCORP INC ILL	40,000	$249K	0.2%	$4.45	+30.0%	COM	680277100
—	MERCHANTS BANCSHARES	8,360	$246K	0.2%	$31.94	—	COM	588448100
PRU	PRUDENTIAL FINL INC	19,300	$242K	0.2%	—	—	Call	744320102
—	ARGO GROUP INTL HLDGS LTD	4,092	$232K	0.2%	$50.10	—	COM	G0464B107
—	GENERAL ELECTRIC CO	71,000	$226K	0.2%	—	—	Call	369604103
GNE	GENIE ENERGY LTD	27,426	$225K	0.2%	$11.22	-13.0%	CL B	372284208
—	GUARANTY FED BANCSHARES INC	15,000	$220K	0.2%	$14.73	—	COM	40108P101
GS	GOLDMAN SACHS GROUP INC	7,400	$207K	0.2%	—	—	Call	38141G104
ABCB	AMERIS BANCORP	7,209	$207K	0.2%	$23.81	0.0%	COM	03076K108
KRNY	KEARNY FINL CORP MD	17,036	$195K	0.2%	$10.55	+8.4%	COM	48716P108
—	HOLOGIC INC	11,000	$191K	0.2%	—	—	Call	436440AB7
—	CLIFTON BANCORP INC	13,702	$190K	0.2%	$14.09	—	COM	186873105
PNC	PNC FINL SVCS GROUP INC	18,000	$189K	0.2%	$51.88	+30.5%	Call	693475105
MET	METLIFE INC	36,100	$178K	0.1%	$30.13	+9.2%	Call	59156R108
KEY	KEYCORP NEW	54,500	$173K	0.1%	$8.05	+16.0%	Call	493267108
—	SUNTRUST BKS INC	32,000	$169K	0.1%	$37.06	—	Call	867914103
—	ORITANI FINL CORP DEL	10,800	$169K	0.1%	$16.02	—	COM	68633D103
BMY	BRISTOL MYERS SQUIBB CO	20,000	$168K	0.1%	$44.54	0.0%	Call	110122108
FCCO	FIRST CMNTY CORP S C	13,500	$167K	0.1%	$9.35	+0.6%	COM	319835104
BMY	BRISTOL MYERS SQUIBB CO	2,794	$165K	0.1%	$44.54	0.0%	COM	110122108
—	FIRST CLOVER LEAF FIN CORP	17,352	$163K	0.1%	$9.80	—	COM	31969M105
—	DISCOVER FINL SVCS	26,400	$151K	0.1%	$56.00	—	Call	254709108
ABT	ABBOTT LABS	19,600	$141K	0.1%	—	—	Call	002824100
ZTS	ZOETIS INC	14,700	$128K	0.1%	$42.76	0.0%	Call	98978V103
—	NEWBRIDGE BANCORP	15,000	$128K	0.1%	$8.91	—	CL A NO PAR	65080T102
—	1ST CENTURY BANCSHARES INC	15,992	$126K	0.1%	$7.88	—	COM	31943X102
ROST	ROSS STORES INC	10,000	$126K	0.1%	—	—	Call	778296103
—	BAY BANCORP INC	23,698	$121K	0.1%	$5.19	—	COM	07203T106
—	FIRST CAPITAL BANCORP VA	25,000	$120K	0.1%	$4.28	—	COM	319438107
TRV	TRAVELERS COMPANIES INC	1,200	$119K	0.1%	$81.32	0.0%	COM	89417E109
MSFT	MICROSOFT CORP	16,700	$112K	0.1%	—	—	Call	594918104
—	EASTERN VA BANKSHARES INC	16,000	$108K	0.1%	$7.00	—	COM	277196101
—	ACE LTD	996	$103K	0.1%	$103.41	—	SHS	H0023R105
FITB	FIFTH THIRD BANCORP	74,000	$97,000	0.1%	$13.25	+6.8%	Call	316773100
ZION	ZIONS BANCORPORATION	25,000	$96,000	0.1%	—	—	Call	989701107
RF	REGIONS FINL CORP NEW	109,100	$93,000	0.1%	$6.89	-0.8%	Call	7591EP100
—	SEVERN BANCORP ANNAPOLIS MD	19,558	$91,000	0.1%	$4.81	—	COM	81811M100
ALL	ALLSTATE CORP	22,100	$89,000	0.1%	$41.21	+20.8%	Call	020002101
ZTS	ZOETIS INC	2,100	$86,000	0.1%	$42.76	0.0%	CL A	98978V103
BK	BANK NEW YORK MELLON CORP	2,000	$78,000	0.1%	$32.00	0.0%	COM	064058100
—	CIT GROUP INC	12,000	$65,000	0.1%	$49.18	—	Call	125581801
LEN	LENNAR CORP	5,000	$59,000	0.0%	$30.45	+46.5%	Call	526057104
—	MAGNUM HUNTER RES CORP DEL	156,000	$53,000	0.0%	$1.29	—	COM	55973B102
—	ACE LTD	18,700	$52,000	0.0%	$103.41	—	Call	H0023R105
—	YOU ON DEMAND HLDGS INC	25,432	$49,000	0.0%	$6.36	—	COM NEW	98741R207
—	E M C CORP MASS	23,300	$37,000	0.0%	—	—	Call	268648102
—	RITE AID CORP	15,000	$35,000	0.0%	$7.01	—	Call	767754104
PFE	PFIZER INC	10,000	$31,000	0.0%	$20.10	+2.5%	Call	717081103
—	BIOSCRIP INC	14,802	$28,000	0.0%	$8.05	—	COM	09069N108
COF	CAPITAL ONE FINL CORP	5,000	$26,000	0.0%	$60.38	+10.2%	Call	14040H105
—	HERTZ GLOBAL HOLDINGS INC	11,000	$15,000	0.0%	—	—	Call	42805T105
—	ALCOA INC	10,000	$14,000	0.0%	—	—	Call	013817101
—	AMERICAN INTL GROUP INC	442	$10,000	0.0%	$22.62	—	*W EXP 01/19/202	026874156
—	INVENSENSE INC	25,000	$1,000	0.0%	—	—	Call	46123D205
HUN	HUNTSMAN CORP	15,000	$0	0.0%	—	—	Call	447011107
GNW	GENWORTH FINL INC	22,000	$0	0.0%	—	—	Call	37247D106