Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q3 2019 (← Previous) (Next →)
Filing Date: Nov 6, 2019
Total Value: $128M (99.7% shares, 0.3% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | First Bancshares Inc MS | 268,000 | $8.656M | 6.8% | $32.30 | $16.56 | — | common | 318916103 |
| ABCB | Ameris Bancorp | 187,100 | $7.529M | 5.9% | $40.24 * | $36.01 | +1.9% | common | 03076K108 |
| — | Pacific Premier Bancorp | 235,000 | $7.33M | 5.7% | $31.19 | $18.67 | — | common | 69478X105 |
| MNSB | MainStreet Bancshares Inc | 272,845 | $5.743M | 4.5% | $21.05 * | $19.40 | +0.5% | common | 56064Y100 |
| — | Synovus Financial Corp | 159,250 | $5.695M | 4.5% | $35.76 | $34.79 | — | common | 87161C501 |
| — | Grandsouth Bancorporation | 339,346 | $5.548M | 4.3% | $16.35 | $14.00 | — | common | 386627301 |
| FBNC | First Bancorp NC | 140,000 | $5.026M | 3.9% | $35.90 * | $24.85 | +24.8% | common | 318910106 |
| — | Pacwest Bancorp DEL | 136,501 | $4.96M | 3.9% | $36.34 | $41.03 | — | common | 695263103 |
| — | Select Bancorp Inc | 412,652 | $4.787M | 3.7% | $11.60 | $12.40 | — | common | 81617L108 |
| UBAB | United Bancorporation Ala CL A | 232,454 | $4.684M | 3.7% | $20.15 * | $18.41 | -1.4% | common | 90944R100 |
| FIBK | First Intst Bancsystem CL A | 103,199 | $4.153M | 3.2% | $40.24 * | $30.14 | -6.7% | common | 32055Y201 |
| ONB | Old Natl Bancorp IND | 220,000 | $3.785M | 3.0% | $17.20 | $12.65 | +35.9% | common | 680033107 |
| — | Franklin Financial Network | 125,000 | $3.776M | 3.0% | $30.21 | $25.12 | — | common | 35352P104 |
| BUSE | First Busey Corp | 145,062 | $3.667M | 2.9% | $25.28 * | $14.66 | +31.9% | common | 319383204 |
| — | Evans Bancorp Inc | 94,550 | $3.536M | 2.8% | $37.40 | $29.28 | — | common | 29911Q208 |
| WAL | Western Alliance Bancorp | 75,400 | $3.474M | 2.7% | $46.07 * | $40.55 | -0.8% | common | 957638109 |
| OPBK | OP Bancorp | 336,080 | $3.287M | 2.6% | $9.78 | $9.29 | +5.2% | common | 67109R109 |
| — | Bank of Commerce Holdings | 299,652 | $3.263M | 2.6% | $10.89 | $9.43 | — | common | 06424J103 |
| — | First Midwest Bancorp DEL | 146,349 | $2.851M | 2.2% | $19.48 | $19.81 | — | common | 320867104 |
| — | US Metro Bank | 759,573 | $2.765M | 2.2% | $3.64 | $4.20 | — | common | 90343B102 |
| — | Pioneer Bancshares, Inc. | 95,000 | $2.575M | 2.0% | $27.11 | $36.56 | — | common | 72357G102 |
| HTBK | Heritage Commerce Corp | 205,000 | $2.41M | 1.9% | $11.76 | $8.77 | +35.4% | common | 426927109 |
| — | Metro Phoenix Bank | 176,667 | $2.374M | 1.9% | $13.44 | $9.16 | — | common | 59165E106 |
| — | Pacific West Bank | 157,457 | $2.241M | 1.8% | $14.23 | $14.98 | — | common | 69506W202 |
| ORPB | Oregon Pacific Bancorp | 353,834 | $2.042M | 1.6% | $5.77 | $4.72 | +21.3% | common | 686040205 |
| FFBB | Communities First Financial Corp | 81,062 | $2.012M | 1.6% | $24.82 | $25.02 | -1.1% | common | 20344D104 |
| TFIN | Triumph Bancorp Inc | 50,000 | $1.595M | 1.2% | $31.90 | $14.05 | +127.0% | common | 89679E300 |
| — | McHenry Bancorp, Inc. | 15,000,000 | $1.543M | 1.2% | $0.10 | $0.11 | — | common | 580683100 |
| — | Cecil Bancorp, Inc. | 367,500 | $1.47M | 1.2% | $4.00 | $4.00 | — | common | 149841306 |
| — | MFA Financial Inc | 195,000 | $1.435M | 1.1% | $7.36 | $7.36 | — | common | 55272X102 |
| — | Lakeland Bancorp Inc | 87,162 | $1.345M | 1.1% | $15.43 | $14.93 | — | common | 511637100 |
| — | Veritex Holdings Inc | 55,300 | $1.342M | 1.0% | $24.27 | $24.21 | — | common | 923451108 |
| HOMB | Home Bancshares, Inc. | 70,916 | $1.333M | 1.0% | $18.80 | $23.97 | -21.6% | common | 436893200 |
| — | Severn Bancorp Annapolis MD | 162,308 | $1.298M | 1.0% | $8.00 | $8.52 | — | common | 81811M100 |
| PMHG | Prime Meridian Holding Company | 63,375 | $1.279M | 1.0% | $20.18 * | $19.02 | -3.5% | common | 74164R107 |
| — | Bank of Fincastle | 486,486 | $1.231M | 1.0% | $2.53 | $2.17 | — | common | 062113105 |
| — | Citizens Commerce Bancshares, Inc. | 193,746 | $1.221M | 1.0% | $6.30 | $0.64 | — | common | 17452P101 |
| — | CalWest Bancorp | 2,883,000 | $1.127M | 0.9% | $0.39 | $0.39 | — | common | 13169Q102 |
| — | BankFinancial Corp | 72,865 | $867K | 0.7% | $11.90 | $11.90 | — | common | 06643P104 |
| HOPE | Hope Bancorp Inc | 54,238 | $778K | 0.6% | $14.34 | $16.20 | -11.5% | common | 43940T109 |
| WBS | Webster Financial Corp Conn | 15,000 | $703K | 0.6% | $46.87 | $30.92 | +51.6% | common | 947890109 |
| RWT | Redwood Trust Inc | 38,000 | $624K | 0.5% | $16.42 | $16.42 | — | common | 758075402 |
| — | Ameris Bancorp Oct 18 2019 35 | 170 | $99,000 | 0.1% | $582.35 | — | — | Call | 03076K908 |
| — | SVB Financial Group | 400 | $84,000 | 0.1% | $210.00 | $202.99 | — | common | 78486Q101 |
| — | iShares Trust Barclays 7-10 YR Jan 17 2020 116 | 330 | $78,000 | 0.1% | $236.36 | — | — | Call | 464287900 |
| — | Western Alliance Bancorp Dec 20 2019 35 | 70 | $78,000 | 0.1% | $1114.29 | — | — | Call | 957638909 |
| — | iShares Trust IBOXX HI YD ETF Sep 20 2019 82 | 650 | $39,000 | 0.0% | $60.00 | — | — | Put | 464288953 |
| — | Synovus Financial Corp Nov 15 2019 34 | 122 | $33,000 | 0.0% | $270.49 | — | — | Call | 87161C901 |
| — | First Midwest Bancorp DEL Nov 15 2019 17.50 | 80 | $18,000 | 0.0% | $225.00 | — | — | Call | 320867904 |
| — | Cadence Bancorporation CL A, Dec 20 2019 17.50 | 120 | $13,000 | 0.0% | $108.33 | — | — | Call | 12739A900 |
| — | Invesco Exchange Traded Sr Ln ETF Oct 18 2019 22 | 3,100 | $8,000 | 0.0% | $2.58 | — | — | Put | 46138G958 |
| — | Cadence Bancorporation CL A | 100 | $2,000 | 0.0% | $20.00 | $17.74 | — | common | 12739A100 |