Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
JPM	JPMORGAN CHASE & CO	119,514	$16.66M	6.6%	$77.89	+39.5%	—	46625H100
BAC	BANK AMER CORP ⚠	1,165,100	$14.3M	5.6%	$17.46	+59.1%	CALL	060505104
BAC	BK OF AMERICA CORP ⚠	1,165,100	$14.3M	5.6%	$17.46	+59.1%	CALL	060505104
BAC	BANK AMER CORP ⚠	397,732	$14.01M	5.5%	$17.46	+59.1%	—	060505104
BAC	BK OF AMERICA CORP ⚠	397,732	$14.01M	5.5%	$17.46	+59.1%	—	060505104
MTB	M & T BK CORP	57,443	$9.751M	3.8%	$122.65	+8.3%	—	55261F104
—	COWEN INC	616,248	$9.706M	3.8%	$13.68	—	—	223622606
—	SOUTHERN NATL BANCORP OF VA	572,998	$9.368M	3.7%	$11.78	—	—	843395104
COF	CAPITAL ONE FINL CORP	73,487	$7.563M	3.0%	$71.29	+21.7%	—	14040H105
PNC	PNC FINL SVCS GROUP INC	43,398	$6.928M	2.7%	$56.96	+111.0%	—	693475105
TFC	TRUIST FINL CORP	112,563	$6.34M	2.5%	$40.89	0.0%	—	89832Q109
FITB	FIFTH THIRD BANCORP	194,964	$5.993M	2.4%	$19.26	+19.0%	—	316773100
CMA	COMERICA INC	73,915	$5.303M	2.1%	$49.94	+1.4%	—	200340107
—	FRANKLIN FINL NETWORK INC	146,543	$5.031M	2.0%	$32.52	—	—	35352P104
HWC	HANCOCK WHITNEY CORPORATION	104,993	$4.607M	1.8%	$35.11	+15.5%	—	410120109
PGC	PEAPACK-GLADSTONE FINL CORP	142,615	$4.407M	1.7%	$19.14	+46.8%	—	704699107
—	SYNOVUS FINL CORP	107,958	$4.232M	1.7%	$30.39	—	—	87161C501
—	MERIDIAN BANCORP INC MD	209,320	$4.205M	1.7%	$11.49	—	—	58958U103
SBCF	SEACOAST BKG CORP FLA	127,296	$3.891M	1.5%	$11.96	+137.6%	—	811707801
—	PINNACLE FINL PARTNERS INC	53,548	$3.427M	1.4%	$56.10	—	—	72346Q104
CNO	CNO FINL GROUP INC	172,004	$3.118M	1.2%	$12.99	+13.8%	—	12621E103
—	STERLING BANCORP DEL	142,405	$3.002M	1.2%	$14.54	—	—	85917A100
HIG	HARTFORD FINL SVCS GROUP INC	48,461	$2.945M	1.2%	$45.59	+14.8%	—	416515104
—	SOUTH ST CORP	33,034	$2.866M	1.1%	$61.15	—	—	840441109
—	1ST CONSTITUTION BANCORP	125,887	$2.786M	1.1%	$18.42	—	—	31986N102
RF	REGIONS FINANCIAL CORP NEW ⚠	156,599	$2.687M	1.1%	$7.48	+71.0%	—	7591EP100
RF	REGIONS FINL CORP NEW ⚠	156,599	$2.687M	1.1%	$7.48	+71.0%	—	7591EP100
KEY	KEYCORP ⚠	125,365	$2.537M	1.0%	$7.98	+75.1%	—	493267108
KEY	KEYCORP NEW ⚠	125,365	$2.537M	1.0%	$7.98	+75.1%	—	493267108
—	DIME CMNTY BANCSHARES	116,863	$2.442M	1.0%	$19.07	—	—	253922108
BANC	BANC OF CALIFORNIA INC	131,821	$2.264M	0.9%	$14.84	-11.0%	—	05990K106
JPM	JPMORGAN CHASE & CO	50,400	$2.223M	0.9%	$77.89	+39.5%	CALL	46625H100
C	CITIGROUP INC	70,500	$1.784M	0.7%	$37.66	+57.4%	CALL	172967424
AUB	ATLANTIC UN BANKSHARES CORP	46,882	$1.76M	0.7%	$27.30	+9.6%	—	04911A107
CERS	CERUS CORP	356,549	$1.504M	0.6%	$4.59	-6.0%	—	157085101
ABCB	AMERIS BANCORP	34,359	$1.462M	0.6%	$45.05	-13.6%	—	03076K108
FGBI	FIRST GTY BANCSHARES INC	67,116	$1.461M	0.6%	$10.54	+37.5%	—	32043P106
USB	US BANCORP DEL	24,288	$1.44M	0.6%	$25.38	+74.7%	—	902973304
—	SELECT BANCORP INC NEW	110,270	$1.356M	0.5%	$12.41	—	—	81617L108
EFSC	ENTERPRISE FINL SVCS CORP	27,150	$1.309M	0.5%	$15.45	+152.2%	—	293712105
NWL	NEWELL BRANDS INC	67,343	$1.295M	0.5%	$15.55	-6.5%	—	651229106
SMBK	SMARTFINANCIAL INC	53,671	$1.269M	0.5%	$20.40	+7.9%	—	83190L208
MNSB	MAINSTREET BANCSHARES INC	52,185	$1.2M	0.5%	$21.38	-5.7%	—	56064Y100
—	ALCENTRA CAP CORP	132,374	$1.198M	0.5%	$6.49	—	—	01374T102
C	CITIGROUP INC	14,743	$1.178M	0.5%	$37.66	+57.4%	—	172967424
—	CIT GROUP INC	23,077	$1.053M	0.4%	$48.51	—	—	125581801
—	FAUQUIER BANKSHARES INC VA	47,081	$1M	0.4%	$16.16	—	—	312059108
—	FIRST DEFIANCE FINL CORP	31,339	$987K	0.4%	$28.59	—	—	32006W106
—	AMERICAN INTL GROUP INC	94,727	$974K	0.4%	$13.95	—	—	026874156
THG	HANOVER INS GROUP INC	6,858	$937K	0.4%	$42.09	+172.3%	—	410867105
CBFV	CB FINL SVCS INC	29,273	$882K	0.3%	$17.84	+22.2%	—	12479G101
—	TERRITORIAL BANCORP INC	28,433	$879K	0.3%	$28.59	—	—	88145X108
BPOP	POPULAR INC	14,964	$879K	0.3%	$30.21	+52.9%	—	733174700
MS	MORGAN STANLEY	16,571	$847K	0.3%	$22.26	+75.6%	—	617446448
ALL	ALLSTATE CORP	7,331	$824K	0.3%	$41.21	+128.6%	—	020002101
WFC	WELLS FARGO CO NEW	14,406	$775K	0.3%	$43.23	+3.4%	—	949746101
MS	MORGAN STANLEY	49,800	$770K	0.3%	$22.26	+75.6%	CALL	617446448
CIVB	CIVISTA BANCSHARES INC	31,789	$763K	0.3%	$19.66	-6.9%	—	178867107
TOWN	TOWNEBANK PORTSMOUTH VA	27,065	$753K	0.3%	$25.15	+11.5%	—	89214P109
MET	METLIFE INC	14,611	$745K	0.3%	$30.13	+30.6%	—	59156R108
—	SEVERN BANCORP ANNAPOLIS MD	80,006	$745K	0.3%	$7.13	—	—	81811M100
CNOB	CONNECTONE BANCORP INC NEW	28,847	$742K	0.3%	$15.11	+36.8%	—	20786W107
—	SB ONE BANCORP	28,970	$722K	0.3%	$23.17	—	—	78413T103
KINS	KINGSTONE COS INC	93,210	$722K	0.3%	$10.99	-34.4%	—	496719105
WSFS	WSFS FINL CORP	16,390	$721K	0.3%	$41.58	+5.1%	—	929328102
—	STANDARD AVB FINL CORP	24,000	$719K	0.3%	$29.61	—	—	85303B100
—	ZIONS BANCORPORATION N A	35,039	$683K	0.3%	$12.94	—	—	989701115
T	AT&T INC	17,200	$672K	0.3%	$14.02	+34.5%	—	00206R102
—	PACIFIC MERCANTILE BANCORP	76,400	$620K	0.2%	$7.50	—	—	694552100
MRCC	MONROE CAP CORP	52,438	$569K	0.2%	$4.67	+10.9%	—	610335101
HBAN	HUNTINGTON BANCSHARES INC	37,312	$563K	0.2%	$6.11	+79.6%	—	446150104
MPB	MID PENN BANCORP INC	19,437	$560K	0.2%	$24.93	-13.1%	—	59540G107
—	LIMESTONE BANCORP INC	30,000	$540K	0.2%	$18.00	—	—	53262L105
—	CADENCE BANCORPORATION	29,160	$529K	0.2%	$18.55	—	—	12739A100
LNC	LINCOLN NATL CORP IND	8,417	$497K	0.2%	$35.97	+21.5%	—	534187109
—	TCF FINANCIAL CORPORATION NE	10,539	$493K	0.2%	$38.05	—	—	872307103
WSBC	WESBANCO INC	12,905	$488K	0.2%	$37.35	0.0%	—	950810101
CFG	CITIZENS FINANCIAL GROUP INC ⚠	11,652	$473K	0.2%	$25.16	+13.2%	—	174610105
CFG	CITIZENS FINL GROUP INC ⚠	11,652	$473K	0.2%	$25.16	+13.2%	—	174610105
GABC	GERMAN AMERN BANCORP INC	13,256	$472K	0.2%	$25.81	+9.1%	—	373865104
—	DISCOVER FINL SVCS	5,416	$459K	0.2%	$56.00	—	—	254709108
AAPL	APPLE INC	1,522	$447K	0.2%	$30.44	+103.7%	—	037833100
—	FIRST MIDWEST BANCORP DEL	19,085	$440K	0.2%	$19.81	—	—	320867104
IMPM	IMPAC MTG HLDGS INC	78,623	$413K	0.2%	$10.97	-40.7%	—	45254P508
—	AMERICAN NATL BANKSHARES INC	10,358	$410K	0.2%	$38.71	—	—	027745108
HTB	HOMETRUST BANCSHARES INC	15,000	$402K	0.2%	$25.15	+4.5%	—	437872104
ZION	ZIONS BANCORPORATION N A	38,500	$382K	0.2%	—	—	CALL	989701107
—	GUARANTY FED BANCSHARES INC	15,000	$378K	0.1%	$14.73	—	—	40108P101
TFC	TRUIST FINL CORP	22,600	$373K	0.1%	$40.89	0.0%	CALL	89832Q109
—	UNIVAR SOLUTIONS INC	15,400	$373K	0.1%	$26.22	—	—	91336L107
PB	PROSPERITY BANCSHARES INC	5,063	$364K	0.1%	$40.16	+44.0%	—	743606105
MSGS	MADISON SQUARE GARDEN CO NEW	1,203	$354K	0.1%	$128.20	+53.0%	—	55825T103
HAFC	HANMI FINL CORP	16,914	$338K	0.1%	$18.99	+1.6%	—	410495204
BOTJ	BANK OF THE ST JAMES FINL GP	21,531	$329K	0.1%	$11.90	-4.4%	—	470299108
OPBK	OP BANCORP	31,107	$323K	0.1%	$9.83	0.0%	—	67109R109
WFC	WELLS FARGO CO NEW	38,700	$309K	0.1%	$43.23	+3.4%	CALL	949746101
PEG	PUBLIC SVC ENTERPRISE GRP IN	5,200	$307K	0.1%	$21.50	+128.5%	—	744573106
FCCO	FIRST CMNTY CORP S C	13,500	$292K	0.1%	$9.35	+81.0%	—	319835104
—	PACIFIC PREMIER BANCORP	8,540	$278K	0.1%	$40.00	—	—	69478X105
HOPE	HOPE BANCORP INC	17,981	$267K	0.1%	$16.20	-10.4%	—	43940T109
—	FIRST CHOICE BANCORP	9,880	$266K	0.1%	$30.57	—	—	31948P104
—	BANK COMM HLDGS	22,300	$258K	0.1%	$7.22	—	—	06424J103
—	CODORUS VY BANCORP INC	11,023	$254K	0.1%	$29.91	—	—	192025104
HTGC	HERCULES CAPITAL INC	18,000	$252K	0.1%	$13.26	+4.9%	—	427096508
SSBI	SUMMIT ST BK SANTA ROSA CALI	19,200	$249K	0.1%	$9.05	+5.3%	—	866264203
KEY	KEYCORP ⚠	49,400	$245K	0.1%	$7.98	+75.1%	CALL	493267108
KEY	KEYCORP NEW ⚠	49,400	$245K	0.1%	$7.98	+75.1%	CALL	493267108
BDX	BECTON DICKINSON & CO	894	$243K	0.1%	$85.77	+164.0%	—	075887109
OFG	OFG BANCORP	10,121	$239K	0.1%	$19.92	+9.7%	—	67103X102
AIG	AMERICAN INTL GROUP INC	4,602	$236K	0.1%	$38.86	+16.1%	—	026874784
RBB	RBB BANCORP	10,776	$228K	0.1%	$21.47	-5.3%	—	74930B105
UPS	UNITED PARCEL SERVICE INC	1,924	$225K	0.1%	$70.63	+31.4%	—	911312106
—	SAFEGUARD SCIENTIFICS INC	20,405	$224K	0.1%	$11.97	—	—	786449207
CROX	CROCS INC	5,200	$218K	0.1%	$34.93	0.0%	—	227046109
PFE	PFIZER INC	5,530	$217K	0.1%	$20.38	+31.1%	—	717081103
—	ARGO GROUP INTL HLDGS LTD	3,273	$215K	0.1%	$63.07	—	—	G0464B107
COLB	COLUMBIA BKG SYS INC	5,264	$214K	0.1%	$28.93	0.0%	—	197236102
IAT	ISHARES TR	4,017	$205K	0.1%	$51.03	—	—	464288778
—	AXA EQUITABLE HLDGS INC	8,100	$201K	0.1%	$24.81	—	—	054561105
RF	REGIONS FINL CORP NEW ⚠	45,900	$176K	0.1%	$7.48	+71.0%	CALL	7591EP100
RF	REGIONS FINANCIAL CORP NEW ⚠	45,900	$176K	0.1%	$7.48	+71.0%	CALL	7591EP100
—	MAIDEN HOLDINGS LTD	207,122	$155K	0.1%	$4.58	—	—	G5753U112
PNC	PNC FINL SVCS GROUP INC	3,400	$154K	0.1%	$56.96	+111.0%	CALL	693475105
BMY	BRISTOL MYERS SQUIBB CO ⚠	2,338	$150K	0.1%	$39.53	+14.3%	—	110122108
BMY	BRISTOL-MYERS SQUIBB CO ⚠	2,338	$150K	0.1%	$39.53	+14.3%	—	110122108
OI	O-I GLASS INC	12,600	$150K	0.1%	$9.90	0.0%	—	67098H104
—	HANESBRANDS INC	10,000	$149K	0.1%	$20.80	—	—	410345102
BMY	BRISTOL-MYERS SQUIBB CO ⚠	7,300	$139K	0.1%	$39.53	+14.3%	CALL	110122108
BMY	BRISTOL MYERS SQUIBB CO ⚠	7,300	$139K	0.1%	$39.53	+14.3%	CALL	110122108
CMA	COMERICA INC	121,500	$133K	0.1%	$49.94	+1.4%	CALL	200340107
FITB	FIFTH THIRD BANCORP	14,400	$117K	0.0%	$19.26	+19.0%	CALL	316773100
—	OPTION CARE HEALTH INC	31,111	$116K	0.0%	$3.21	—	—	68404L102
—	CIT GROUP INC	13,000	$103K	0.0%	$48.51	—	CALL	125581801
COF	CAPITAL ONE FINL CORP	3,000	$98,000	0.0%	$71.29	+21.7%	CALL	14040H105
—	FS KKR CAPITAL CORP	15,500	$95,000	0.0%	$5.51	—	—	302635107
IP	INTL PAPER CO	2,001	$92,000	0.0%	$35.63	-10.5%	—	460146103
—	ONCOSEC MED INC	32,303	$58,000	0.0%	$1.87	—	—	68234L306
—	LIQUID MEDIA GROUP LTD NEW	24,521	$48,000	0.0%	$1.92	—	—	53634Q204
—	DISCOVER FINL SVCS	4,500	$48,000	0.0%	$56.00	—	CALL	254709108
BAC	BANK AMER CORP ⚠	900,000	$45,000	0.0%	$17.46	+59.1%	PUT	060505104
BAC	BK OF AMERICA CORP ⚠	900,000	$45,000	0.0%	$17.46	+59.1%	PUT	060505104
AIG	AMERICAN INTL GROUP INC	5,100	$43,000	0.0%	$38.86	+16.1%	CALL	026874784
MET	METLIFE INC	19,600	$34,000	0.0%	$30.13	+30.6%	CALL	59156R108
T	AT&T INC	10,000	$34,000	0.0%	$14.02	+34.5%	CALL	00206R102
PFE	PFIZER INC	8,000	$26,000	0.0%	$20.38	+31.1%	CALL	717081103
IP	INTL PAPER CO	8,100	$19,000	0.0%	$35.63	-10.5%	CALL	460146103
NWL	NEWELL BRANDS INC	3,000	$0	0.0%	$15.55	-6.5%	CALL	651229106