Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BAC	BANK AMERICA CORP	493,990	$14.11M	12.5%	$28.57 *	$31.75	-16.2%	COM	060505104
—	SYNOVUS FINL CORP	258,217	$7.961M	7.0%	$30.83	$30.30	—	COM NEW	87161C501
FRST	PRIMIS FINANCIAL CORP	782,233	$7.533M	6.6%	$9.63 *	$11.54	-25.5%	COM	74167B109
SBCF	SEACOAST BKG CORP FLA	249,307	$5.909M	5.2%	$23.70	$25.44	-6.8%	COM NEW	811707801
PGC	PEAPACK-GLADSTONE FINL CORP	191,371	$5.668M	5.0%	$29.62 *	$22.92	+26.4%	COM	704699107
SMBK	SMARTFINANCIAL INC	230,922	$5.344M	4.7%	$23.14	$22.92	+0.9%	COM NEW	83190L208
WFC	WELLS FARGO CO NEW	134,992	$5.046M	4.5%	$37.38 *	$41.61	-16.4%	COM	949746101
—	PINNACLE FINL PARTNERS INC	57,929	$3.195M	2.8%	$55.16	$54.92	—	COM	72346Q104
PNC	PNC FINL SVCS GROUP INC	24,509	$3.115M	2.7%	$127.10 *	$79.23	+43.4%	COM	693475105
FBK	FB FINL CORP	93,620	$2.91M	2.6%	$31.08 *	$21.13	+39.9%	COM	30257X104
FBNC	FIRST BANCORP N C	68,994	$2.451M	2.2%	$35.52 *	$42.52	-21.7%	COM	318910106
WBS	WEBSTER FINL CORP	53,566	$2.112M	1.9%	$39.42	$57.52	-31.5%	COM	947890109
—	SOUTHSTATE CORPORATION	28,232	$2.012M	1.8%	$71.26	$59.29	—	COM	840441109
VABK	VIRGINIA NATL BANKSHARES COR	49,787	$1.79M	1.6%	$35.96	$33.89	+6.1%	COM	928031103
FITB	FIFTH THIRD BANCORP	63,553	$1.693M	1.5%	$26.64 *	$32.30	-26.1%	COM	316773100
RF	REGIONS FINANCIAL CORP NEW	90,521	$1.68M	1.5%	$18.56 *	$15.60	+4.8%	COM	7591EP100
INDB	INDEPENDENT BK CORP MASS	21,471	$1.409M	1.2%	$65.62 *	$71.71	-17.8%	COM	453836108
TFC	TRUIST FINL CORP	39,637	$1.352M	1.2%	$34.10 *	$41.66	-29.7%	COM	89832Q109
—	PREMIER FINANCIAL CORP	64,577	$1.339M	1.2%	$20.73	$21.73	—	COM	74052F108
—	LAKELAND BANCORP INC	82,737	$1.294M	1.1%	$15.64	$16.70	—	COM	511637100
WFC	WELLS FARGO CO NEW	891,000	$1.195M	1.1%	$1.34 *	$41.61	-16.4%	Call	949746101
JPM	JPMORGAN CHASE & CO	8,660	$1.128M	1.0%	$130.31 *	$96.57	+26.3%	COM	46625H100
BAC	BANK AMERICA CORP	869,400	$1.08M	1.0%	$1.24 *	$31.75	-16.2%	Call	060505104
SHBI	SHORE BANCSHARES INC	73,739	$1.053M	0.9%	$14.28	$18.67	-23.5%	COM	825107105
MNSB	MAINSTREET BANCSHARES INC	40,062	$941K	0.8%	$23.49 *	$21.49	+2.6%	COM	56064Y100
CNOB	CONNECTONE BANCORP INC	52,522	$929K	0.8%	$17.68 *	$17.18	-6.7%	COM	20786W107
EFSC	ENTERPRISE FINL SVCS CORP	20,614	$919K	0.8%	$44.59 *	$22.32	+87.6%	COM	293712105
CERS	CERUS CORP	309,404	$919K	0.8%	$2.97	$4.86	-38.8%	COM	157085101
PFS	PROVIDENT FINL SVCS INC	45,710	$877K	0.8%	$19.18 *	$10.23	+59.2%	COM	74386T105
WSFS	WSFS FINL CORP	22,977	$864K	0.8%	$37.61	$40.03	-6.0%	COM	929328102
BAFN	BAYFIRST FINANCIAL CORP	55,077	$855K	0.8%	$15.53 *	$24.30	-39.4%	COM	07279B104
—	MR COOPER GROUP INC	20,557	$842K	0.7%	$40.97	$18.76	—	COM	62482R107
CBFV	CB FINL SVCS INC	36,573	$794K	0.7%	$21.71 *	$18.20	+6.1%	COM	12479G101
DCOM	DIME CMNTY BANCSHARES INC	33,972	$772K	0.7%	$22.72 *	$23.82	-15.7%	COM	25432X102
TOWN	TOWNEBANK PORTSMOUTH VA	27,065	$721K	0.6%	$26.65	$25.15	+6.0%	COM	89214P109
—	LIMESTONE BANCORP INC	30,907	$690K	0.6%	$22.31	$17.22	—	COM	53262L105
THG	HANOVER INS GROUP INC	5,236	$673K	0.6%	$128.50 *	$42.09	+185.4%	COM	410867105
HWC	HANCOCK WHITNEY CORPORATION	18,310	$666K	0.6%	$36.40	$48.46	-24.9%	COM	410120109
BANC	BANC OF CALIFORNIA INC	52,051	$652K	0.6%	$12.53 *	$18.30	-36.6%	COM	05990K106
JPM	JPMORGAN CHASE & CO	45,300	$642K	0.6%	$14.17 *	$96.57	+26.3%	Call	46625H100
BPOP	POPULAR INC	11,158	$641K	0.6%	$57.41 *	$40.55	+30.6%	COM NEW	733174700
XOM	EXXON MOBIL CORP	5,800	$636K	0.6%	$109.66 *	$80.14	+24.4%	COM	30231G102
COF	CAPITAL ONE FINL CORP	6,612	$636K	0.6%	$96.16 *	$128.88	-28.8%	COM	14040H105
FGBI	FIRST GTY BANCSHARES INC	40,504	$635K	0.6%	$15.67 *	$11.31	+26.9%	COM	32043P106
MS	MORGAN STANLEY	7,140	$627K	0.6%	$87.80 *	$70.85	+12.9%	COM NEW	617446448
MET	METLIFE INC	10,646	$617K	0.5%	$57.94 *	$54.34	-2.1%	COM	59156R108
—	CODORUS VY BANCORP INC	29,602	$614K	0.5%	$20.75	$19.10	—	COM	192025104
AER	AERCAP HOLDINGS NV	10,858	$611K	0.5%	$56.23	$48.14	+15.0%	SHS	N00985106
DVN	DEVON ENERGY CORP NEW	11,900	$602K	0.5%	$50.61 *	$52.20	-12.6%	COM	25179M103
SSBI	SUMMIT ST BK SANTA ROSA CALI	41,797	$580K	0.5%	$13.87 *	$12.01	+9.4%	COM	866264203
HTB	HOMETRUST BANCSHARES INC	23,114	$568K	0.5%	$24.59	$25.15	-2.2%	COM	437872104
CNO	CNO FINL GROUP INC	25,505	$566K	0.5%	$22.19 *	$12.83	+63.6%	COM	12621E103
AAPL	APPLE INC	3,428	$565K	0.5%	$164.90	$103.57	+57.1%	COM	037833100
ABCB	AMERIS BANCORP	14,719	$538K	0.5%	$36.58 *	$40.92	-13.7%	COM	03076K108
CFG	CITIZENS FINL GROUP INC	17,201	$522K	0.5%	$30.37 *	$37.05	-27.9%	COM	174610105
CFBK	CF BANKSHARES INC	26,132	$510K	0.4%	$19.50 *	$19.14	-2.1%	COM	12520L109
UCB	UNITED CMNTY BKS BLAIRSVLE G	17,032	$479K	0.4%	$28.12	$23.67	+18.8%	COM	90984P303
BOTJ	BANK OF THE JAMES FINL GP IN	40,130	$422K	0.4%	$10.51 *	$11.04	-12.9%	COM	470299108
QCRH	QCR HOLDINGS INC	8,502	$373K	0.3%	$43.91	$53.74	-19.1%	COM	74727A104
MPB	MID PENN BANCORP INC	14,437	$370K	0.3%	$25.61 *	$24.55	-5.4%	COM	59540G107
TCBX	THIRD COAST BANCSHARES INC	22,819	$358K	0.3%	$15.71	$23.76	-33.9%	COM	88422P109
KEY	KEYCORP	26,886	$337K	0.3%	$12.52 *	$16.49	-35.0%	COM	493267108
CIVB	CIVISTA BANCSHARES INC	19,920	$336K	0.3%	$16.88 *	$19.66	-23.0%	COM NO PAR	178867107
COLB	COLUMBIA BKG SYS INC	15,432	$331K	0.3%	$21.42 *	$26.03	-30.7%	COM	197236102
—	AMERICAN NATL BANKSHARES INC	10,358	$328K	0.3%	$31.70	$38.71	—	COM	027745108
—	COMMUNITY FINL CORP MD	9,657	$320K	0.3%	$33.13	$35.83	—	COM	20368X101
WSBC	WESBANCO INC	9,605	$295K	0.3%	$30.70	$30.60	+0.3%	COM	950810101
OPBK	OP BANCORP	32,107	$286K	0.3%	$8.91	$9.93	-10.3%	COM	67109R109
—	TERRITORIAL BANCORP INC	14,506	$280K	0.2%	$19.31	$28.56	—	COM	88145X108
FCCO	FIRST CMNTY CORP S C	12,958	$259K	0.2%	$20.00 *	$13.44	+37.2%	COM	319835104
C	CITIGROUP INC	5,488	$257K	0.2%	$46.89 *	$56.23	-24.5%	COM NEW	172967424
HBAN	HUNTINGTON BANCSHARES INC	21,534	$241K	0.2%	$11.20 *	$12.47	-20.6%	COM	446150104
FPI	FARMLAND PARTNERS INC	22,000	$235K	0.2%	$10.70	$11.90	—	COM	31154R109
MSGS	MADISON SQUARE GRDN SPRT COR	1,203	$234K	0.2%	$194.85 *	$208.32	+24.2%	CL A	55825T103
CBAN	COLONY BANKCORP INC	22,696	$231K	0.2%	$10.20 *	$15.52	-40.7%	COM	19623P101
BDX	BECTON DICKINSON & CO	894	$221K	0.2%	$247.54 *	$223.22	+5.6%	COM	075887109
AMTB	AMERANT BANCORP INC	9,688	$211K	0.2%	$21.76 *	$27.44	-24.8%	CL A	023576101
ORRF	ORRSTOWN FINL SVCS INC	10,400	$207K	0.2%	$19.86 *	$20.50	-12.2%	COM	687380105
TRV	TRAVELERS COMPANIES INC	1,200	$206K	0.2%	$171.41 *	$169.33	-3.9%	COM	89417E109
—	PACIFIC PREMIER BANCORP	8,540	$205K	0.2%	$24.02	$31.38	—	COM	69478X105
KINS	KINGSTONE COS INC	150,178	$201K	0.2%	$1.34	$7.30	-81.9%	COM	496719105
MAC	MACERICH CO	16,720	$177K	0.2%	$10.60	$7.94	—	COM	554382101
UBFO	UNITED SEC BANCSHARES CALIF	25,261	$161K	0.1%	$6.38 *	$6.23	0.0%	COM	911460103
C	CITIGROUP INC	88,600	$159K	0.1%	$1.79 *	$56.23	-24.5%	Call	172967424
CMA	COMERICA INC	3,473	$151K	0.1%	$43.42 *	$52.16	-27.7%	COM	200340107
ONB	OLD NATL BANCORP IND	10,000	$144K	0.1%	$14.42	$15.32	-5.9%	COM	680033107
KEY	KEYCORP	99,400	$110K	0.1%	$1.11 *	$16.49	-35.0%	Call	493267108
F	FORD MTR CO DEL	55,500	$99,585	0.1%	$1.79	—	—	Call	345370860
FITB	FIFTH THIRD BANCORP	126,800	$93,590	0.1%	$0.74 *	$32.30	-26.1%	Call	316773100
—	BROADWAY FINL CORP DEL	75,000	$78,750	0.1%	$1.05	$1.05	—	COM	111444105
CMA	COMERICA INC	10,000	$55,000	0.0%	$5.50 *	$52.16	-27.7%	Call	200340107
ONCSQ	ONCOSEC MED INC	20,799	$53,661	0.0%	$2.58 *	$5.60	-64.6%	COM NOV 2022	68234L405
HBAN	HUNTINGTON BANCSHARES INC	245,400	$50,750	0.0%	$0.21 *	$12.47	-20.6%	Call	446150104
—	SAFEGUARD SCIENTIFICS INC	19,669	$33,831	0.0%	$1.72	$11.97	—	COM NEW	786449207
COF	CAPITAL ONE FINL CORP	2,200	$33,120	0.0%	$15.05 *	$128.88	-28.8%	Call	14040H105
RF	REGIONS FINANCIAL CORP NEW	72,000	$29,220	0.0%	$0.41 *	$15.60	+4.8%	Call	7591EP100
MET	METLIFE INC	10,000	$19,500	0.0%	$1.95 *	$54.34	-2.1%	Call	59156R108
TFC	TRUIST FINL CORP	6,200	$14,535	0.0%	$2.34 *	$41.66	-29.7%	Call	89832Q109
—	PAYONEER GLOBAL INC	10,000	$10,400	0.0%	$1.04	$2.40	—	*W EXP 06/25/202	70451X112
PNC	PNC FINL SVCS GROUP INC	1,100	$3,630	0.0%	$3.30 *	$79.23	+43.4%	Call	693475105
—	SENIOR CONNECT ACQUISITN COR	22,500	$878	0.0%	$0.04	$0.82	—	*W EXP 12/31/202	81723H116