Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO	119,514	$14.07M	7.3%	$77.89	+22.1%	COM	46625H100
BAC	BANK AMER CORP	408,343	$11.91M	6.2%	$17.46	+40.7%	COM	060505104
MTB	M & T BK CORP	57,487	$9.081M	4.7%	$122.65	+4.3%	COM	55261F104
BAC	BANK AMER CORP	1,423,800	$8.96M	4.7%	$17.46	+40.7%	Call	060505104
—	SOUTHERN NATL BANCORP OF VA	568,797	$8.754M	4.6%	$11.78	—	COM	843395104
—	COWEN INC	563,875	$8.677M	4.5%	$13.48	—	CL A NEW	223622606
COF	CAPITAL ONE FINL CORP	73,587	$6.694M	3.5%	$71.29	+13.1%	COM	14040H105
PNC	PNC FINL SVCS GROUP INC	43,496	$6.096M	3.2%	$56.96	+89.0%	COM	693475105
FITB	FIFTH THIRD BANCORP	196,080	$5.369M	2.8%	$19.26	+10.4%	COM	316773100
CMA	COMERICA INC	73,915	$4.878M	2.5%	$49.94	-3.2%	COM	200340107
—	FRANKLIN FINL NETWORK INC	146,543	$4.427M	2.3%	$32.52	—	COM	35352P104
HWC	HANCOCK WHITNEY CORPORATION	106,193	$4.067M	2.1%	$35.11	+8.3%	COM	410120109
PGC	PEAPACK-GLADSTONE FINL CORP	142,615	$3.997M	2.1%	$19.14	+39.7%	COM	704699107
—	MERIDIAN BANCORP INC MD	209,320	$3.924M	2.0%	$11.49	—	COM	58958U103
—	SYNOVUS FINL CORP	99,758	$3.568M	1.9%	$29.66	—	COM NEW	87161C501
SBCF	SEACOAST BKG CORP FLA	127,296	$3.222M	1.7%	$11.96	+110.0%	COM NEW	811707801
—	BB&T CORP	58,277	$3.111M	1.6%	$37.92	—	COM	054937107
—	PINNACLE FINL PARTNERS INC	53,548	$3.039M	1.6%	$56.10	—	COM	72346Q104
—	SUNTRUST BKS INC	43,908	$3.021M	1.6%	$48.07	—	COM	867914103
HIG	HARTFORD FINL SVCS GROUP INC	48,533	$2.942M	1.5%	$45.59	+11.4%	COM	416515104
—	STERLING BANCORP DEL	142,305	$2.855M	1.5%	$14.54	—	COM	85917A100
CNO	CNO FINL GROUP INC	172,204	$2.726M	1.4%	$12.99	+5.0%	COM	12621E103
—	SOUTH ST CORP	33,034	$2.487M	1.3%	$61.15	—	COM	840441109
RF	REGIONS FINL CORP NEW	155,732	$2.464M	1.3%	$7.48	+55.3%	COM	7591EP100
—	DIME CMNTY BANCSHARES	111,863	$2.395M	1.2%	$18.99	—	COM	253922108
KEY	KEYCORP NEW	125,595	$2.24M	1.2%	$7.98	+58.9%	COM	493267108
—	1ST CONSTITUTION BANCORP	118,624	$2.224M	1.2%	$18.20	—	COM	31986N102
JPM	JPMORGAN CHASE & CO	73,300	$1.994M	1.0%	$77.89	+22.1%	Call	46625H100
BANC	BANC OF CALIFORNIA INC	123,576	$1.748M	0.9%	$14.95	-16.0%	COM	05990K106
AUB	ATLANTIC UN BANKSHARES CORP	46,882	$1.746M	0.9%	$27.30	+5.8%	COM	04911A107
CERS	CERUS CORP	306,249	$1.579M	0.8%	$4.63	+15.8%	COM	157085101
ABCB	AMERIS BANCORP	34,359	$1.383M	0.7%	$45.05	-24.0%	COM	03076K108
FGBI	FIRST GTY BANCSHARES INC	61,020	$1.351M	0.7%	$10.15	+35.7%	COM	32043P106
—	AMERICAN INTL GROUP INC	94,227	$1.344M	0.7%	$13.95	—	*W EXP 01/19/202	026874156
USB	US BANCORP DEL	24,288	$1.344M	0.7%	$25.38	+62.1%	COM NEW	902973304
NWL	NEWELL BRANDS INC	67,343	$1.261M	0.7%	$15.55	-22.8%	COM	651229106
C	CITIGROUP INC	71,700	$1.256M	0.7%	$37.66	+43.8%	Call	172967424
CIVB	CIVISTA BANCSHARES INC	56,582	$1.23M	0.6%	$19.66	-10.7%	COM NO PAR	178867107
—	ALCENTRA CAP CORP	132,374	$1.177M	0.6%	$6.49	—	COM	01374T102
SMBK	SMARTFINANCIAL INC	53,671	$1.118M	0.6%	$20.40	+3.3%	COM NEW	83190L208
EFSC	ENTERPRISE FINL SVCS CORP	27,150	$1.106M	0.6%	$15.45	+128.0%	COM	293712105
MNSB	MAINSTREET BANCSHARES INC	52,185	$1.098M	0.6%	$21.38	-5.8%	COM	56064Y100
C	CITIGROUP INC	14,743	$1.019M	0.5%	$37.66	+43.8%	COM NEW	172967424
THG	HANOVER INS GROUP INC	6,958	$943K	0.5%	$42.09	+163.6%	COM	410867105
—	SELECT BANCORP INC NEW	80,270	$931K	0.5%	$12.46	—	COM	81617L108
—	FAUQUIER BANKSHARES INC VA	47,081	$930K	0.5%	$16.16	—	COM	312059108
—	FIRST DEFIANCE FINL CORP	31,339	$908K	0.5%	$28.59	—	COM	32006W106
—	CIT GROUP INC	19,589	$888K	0.5%	$49.02	—	COM NEW	125581801
—	TERRITORIAL BANCORP INC	28,433	$813K	0.4%	$28.59	—	COM	88145X108
CBFV	CB FINL SVCS INC	29,273	$813K	0.4%	$17.84	+7.8%	COM	12479G101
BPOP	POPULAR INC	14,964	$809K	0.4%	$30.21	+47.6%	COM NEW	733174700
ALL	ALLSTATE CORP	7,338	$797K	0.4%	$41.21	+117.5%	COM	020002101
TOWN	TOWNEBANK PORTSMOUTH VA	27,065	$753K	0.4%	$25.15	+8.1%	COM	89214P109
WSFS	WSFS FINL CORP	16,691	$736K	0.4%	$41.58	+1.2%	COM	929328102
WFC	WELLS FARGO CO NEW	14,406	$727K	0.4%	$43.23	-8.0%	COM	949746101
MS	MORGAN STANLEY	16,779	$716K	0.4%	$22.26	+57.3%	COM NEW	617446448
KINS	KINGSTONE COS INC	83,434	$711K	0.4%	$11.43	-33.1%	COM	496719105
MET	METLIFE INC	14,611	$689K	0.4%	$30.13	+27.7%	COM	59156R108
T	AT&T INC	17,200	$651K	0.3%	$14.02	+21.2%	COM	00206R102
—	STANDARD AVB FINL CORP	24,000	$648K	0.3%	$29.61	—	COM	85303B100
CNOB	CONNECTONE BANCORP INC NEW	28,847	$640K	0.3%	$15.11	+21.5%	COM	20786W107
—	SEVERN BANCORP ANNAPOLIS MD	80,006	$640K	0.3%	$7.13	—	COM	81811M100
IMPM	IMPAC MTG HLDGS INC	78,623	$619K	0.3%	$10.97	-51.9%	COM NEW	45254P508
MRCC	MONROE CAP CORP	52,438	$553K	0.3%	$4.67	+5.5%	COM	610335101
HBAN	HUNTINGTON BANCSHARES INC	37,812	$540K	0.3%	$6.11	+65.8%	COM	446150104
—	CADENCE BANCORPORATION	29,160	$511K	0.3%	$18.55	—	CL A	12739A100
LNC	LINCOLN NATL CORP IND	8,417	$508K	0.3%	$35.97	+22.6%	COM	534187109
MS	MORGAN STANLEY	49,800	$502K	0.3%	$22.26	+57.3%	Call	617446448
MPB	MID PENN BANCORP INC	19,437	$498K	0.3%	$24.93	-18.7%	COM	59540G107
—	SB ONE BANCORP	20,600	$465K	0.2%	$22.46	—	COM	78413T103
—	OLD LINE BANCSHARES INC	15,818	$459K	0.2%	$34.90	—	COM	67984M100
—	DISCOVER FINL SVCS	5,416	$439K	0.2%	$56.00	—	COM	254709108
GABC	GERMAN AMERN BANCORP INC	13,256	$425K	0.2%	$25.81	0.0%	COM	373865104
—	ZIONS BANCORPORATION N A	35,039	$414K	0.2%	$12.94	—	*W EXP 05/21/202	989701115
CFG	CITIZENS FINL GROUP INC	11,652	$412K	0.2%	$25.16	+4.5%	COM	174610105
—	TCF FINANCIAL CORPORATION NE	10,539	$401K	0.2%	$38.05	—	COM	872307103
—	FIRST MIDWEST BANCORP DEL	19,085	$372K	0.2%	$19.81	—	COM	320867104
—	BB&T CORP	29,700	$369K	0.2%	$37.92	—	Call	054937107
—	AMERICAN NATL BANKSHARES INC	10,358	$367K	0.2%	$38.71	—	COM	027745108
PEG	PUBLIC SVC ENTERPRISE GRP IN	5,900	$366K	0.2%	$21.50	+123.5%	COM	744573106
—	GUARANTY FED BANCSHARES INC	15,000	$364K	0.2%	$14.73	—	COM	40108P101
PB	PROSPERITY BANCSHARES INC	5,063	$358K	0.2%	$40.16	+36.2%	COM	743606105
—	PACIFIC MERCANTILE BANCORP	46,400	$348K	0.2%	$7.11	—	COM	694552100
AAPL	APPLE INC	1,522	$341K	0.2%	$30.44	+65.0%	COM	037833100
—	UNIVAR SOLUTIONS INC	15,500	$322K	0.2%	$26.22	—	COM	91336L107
BAC	BANK AMER CORP	500,000	$320K	0.2%	$17.46	+40.7%	Put	060505104
MSGS	MADISON SQUARE GARDEN CO NEW	1,216	$320K	0.2%	$128.20	+53.0%	CL A	55825T103
HAFC	HANMI FINL CORP	16,914	$318K	0.2%	$18.99	+3.8%	COM NEW	410495204
BOTJ	BANK OF THE ST JAMES FINL GP	21,531	$308K	0.2%	$11.90	-6.0%	COM	470299108
WFC	WELLS FARGO CO NEW	38,700	$268K	0.1%	$43.23	-8.0%	Call	949746101
—	PACIFIC PREMIER BANCORP	8,540	$266K	0.1%	$40.00	—	COM	69478X105
FCCO	FIRST CMNTY CORP S C	13,500	$263K	0.1%	$9.35	+69.6%	COM	319835104
ZTS	ZOETIS INC	2,104	$262K	0.1%	$85.91	+33.4%	CL A	98978V103
HTB	HOMETRUST BANCSHARES INC	10,000	$261K	0.1%	$24.58	+3.7%	COM	437872104
HOPE	HOPE BANCORP INC	17,981	$258K	0.1%	$16.20	-13.5%	COM	43940T109
AIG	AMERICAN INTL GROUP INC	4,602	$256K	0.1%	$38.86	+20.4%	COM NEW	026874784
—	CODORUS VY BANCORP INC	10,500	$244K	0.1%	$30.25	—	COM	192025104
—	BANK COMM HLDGS	22,300	$243K	0.1%	$7.22	—	COM	06424J103
HTGC	HERCULES CAPITAL INC	18,000	$241K	0.1%	$13.26	-1.5%	COM	427096508
UPS	UNITED PARCEL SERVICE INC	1,993	$239K	0.1%	$70.63	+25.9%	CL B	911312106
—	SAFEGUARD SCIENTIFICS INC	20,405	$231K	0.1%	$11.97	—	COM NEW	786449207
—	ARGO GROUP INTL HLDGS LTD	3,273	$230K	0.1%	$63.07	—	COM	G0464B107
BDX	BECTON DICKINSON & CO	894	$226K	0.1%	$85.77	+160.6%	COM	075887109
SSBI	SUMMIT ST BK SANTA ROSA CALI	19,200	$226K	0.1%	$9.05	+0.3%	COM	866264203
OFG	OFG BANCORP	10,121	$222K	0.1%	$19.92	+10.3%	COM	67103X102
ZION	ZIONS BANCORPORATION N A	38,500	$218K	0.1%	—	—	Call	989701107
—	SUNTRUST BKS INC	16,100	$213K	0.1%	$48.07	—	Call	867914103
RBB	RBB BANCORP	10,776	$212K	0.1%	$21.47	-11.0%	COM	74930B105
—	FIRST CHOICE BANCORP	9,880	$211K	0.1%	$30.57	—	COM	31948P104
KEY	KEYCORP NEW	49,400	$210K	0.1%	$7.98	+58.9%	Call	493267108
PFE	PFIZER INC	5,530	$199K	0.1%	$20.38	+32.6%	COM	717081103
PNC	PNC FINL SVCS GROUP INC	6,900	$187K	0.1%	$56.96	+89.0%	Call	693475105
—	MAIDEN HOLDINGS LTD	207,122	$155K	0.1%	$4.58	—	SHS	G5753U112
—	HANESBRANDS INC	10,000	$153K	0.1%	$20.80	—	COM	410345102
—	RITE AID CORP	19,268	$134K	0.1%	$7.99	—	COM	767754872
RF	REGIONS FINL CORP NEW	45,900	$126K	0.1%	$7.48	+55.3%	Call	7591EP100
BMY	BRISTOL MYERS SQUIBB CO	2,338	$119K	0.1%	$39.53	-7.0%	COM	110122108
MTB	M & T BK CORP	14,200	$115K	0.1%	$122.65	+4.3%	Call	55261F104
BMY	BRISTOL MYERS SQUIBB CO	14,700	$113K	0.1%	$39.53	-7.0%	Call	110122108
—	FS KKR CAPITAL CORP	17,500	$102K	0.1%	$5.51	—	COM	302635107
—	OPTION CARE HEALTH INC	31,111	$100K	0.1%	$3.21	—	COM	68404L102
—	CIT GROUP INC	13,000	$100K	0.1%	$49.02	—	Call	125581801
IP	INTL PAPER CO	2,001	$84,000	0.0%	$35.63	-17.6%	COM	460146103
FITB	FIFTH THIRD BANCORP	14,400	$76,000	0.0%	$19.26	+10.4%	Call	316773100
AIG	AMERICAN INTL GROUP INC	5,100	$62,000	0.0%	$38.86	+20.4%	Call	026874784
—	DISCOVER FINL SVCS	4,500	$40,000	0.0%	$56.00	—	Call	254709108
—	LIQUID MEDIA GROUP LTD NEW	24,521	$31,000	0.0%	$1.92	—	COM NEW	53634Q204
T	AT&T INC	10,000	$30,000	0.0%	$14.02	+21.2%	Call	00206R102
—	ONCOSEC MED INC	14,200	$28,000	0.0%	$1.97	—	COM	68234L306
CMA	COMERICA INC	11,500	$26,000	0.0%	$49.94	-3.2%	Call	200340107
MET	METLIFE INC	19,600	$26,000	0.0%	$30.13	+27.7%	Call	59156R108
PFE	PFIZER INC	8,000	$17,000	0.0%	$20.38	+32.6%	Call	717081103
IP	INTL PAPER CO	8,100	$10,000	0.0%	$35.63	-17.6%	Call	460146103
NWL	NEWELL BRANDS INC	3,000	$3,000	0.0%	$15.55	-22.8%	Call	651229106