Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q4 2020 (← Previous) (Next →)
Filing Date: Feb 16, 2021
Total Value: $89.01M (95.4% shares, 4.6% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | First Bancshares Inc MS | 209,450 | $6.468M | 7.3% | $30.88 | $16.56 | — | common | 318916103 |
| FFBB | Communities First Financial Corp | 178,913 | $5.73M | 6.4% | $32.03 * | $25.69 | +20.7% | common | 20344D104 |
| WAL | Western Alliance Bancorp | 73,621 | $4.414M | 5.0% | $59.96 * | $41.54 | +29.7% | common | 957638109 |
| FBK | FB Financial Corp | 126,225 | $4.384M | 4.9% | $34.73 * | $23.58 | +36.4% | common | 30257X104 |
| — | Grandsouth Bancorporation | 263,768 | $4.029M | 4.5% | $15.27 | $14.00 | — | common | 386627301 |
| UBAB | United Bancorporation Ala CL A | 180,072 | $4.014M | 4.5% | $22.29 * | $19.02 | +2.6% | common | 90944R100 |
| FBNC | First Bancorp NC | 110,353 | $3.733M | 4.2% | $33.83 * | $24.58 | +23.1% | common | 318910106 |
| — | Pacific Premier Bancorp | 103,945 | $3.257M | 3.7% | $31.33 | $18.67 | — | common | 69478X105 |
| ISTR | Investar Holding Corp | 195,573 | $3.235M | 3.6% | $16.54 | $20.32 | -18.6% | common | 46134L105 |
| — | US Metro Bank | 1,107,323 | $3.2M | 3.6% | $2.89 | $3.61 | — | common | 90343B102 |
| UCB | United Community Banks Inc | 100,000 | $2.844M | 3.2% | $28.44 | $18.00 | +58.0% | common | 90984P303 |
| FIBK | First Intst Bancsystem CL A | 68,531 | $2.794M | 3.1% | $40.77 * | $30.14 | +1.1% | common | 32055Y201 |
| — | Pacwest Bancorp DEL | 100,000 | $2.54M | 2.9% | $25.40 | $21.24 | — | common | 695263103 |
| — | Veritex Holdings Inc | 97,550 | $2.503M | 2.8% | $25.66 | $21.19 | — | common | 923451108 |
| — | Reliant Bancorp | 131,171 | $2.442M | 2.7% | $18.62 | $14.81 | — | common | 75956B101 |
| HTBK | Heritage Commerce Corp | 246,000 | $2.182M | 2.5% | $8.87 * | $8.45 | -4.0% | common | 426927109 |
| ORPB | Oregon Pacific Bancorp | 358,334 | $1.863M | 2.1% | $5.20 * | $4.73 | -2.5% | common | 686040205 |
| FFIC | Flushing Financial | 110,000 | $1.83M | 2.1% | $16.64 * | $10.51 | 0.0% | common | 343873105 |
| ABCB | Ameris Bancorp | 47,480 | $1.808M | 2.0% | $38.08 * | $35.52 | +0.5% | common | 03076K108 |
| — | Pacific West Bank | 164,390 | $1.796M | 2.0% | $10.93 | $14.76 | — | common | 69506W202 |
| — | Financial Select Sector SPDR ETF Jan 21 2022 30 | 10,900 | $1.675M | 1.9% | $153.67 | — | — | Call | 81369Y905 |
| ONB | Old Natl Bancorp IND | 100,000 | $1.656M | 1.9% | $16.56 | $12.65 | +30.9% | common | 680033107 |
| BBT | Berkshire Hill Bancorp | 90,701 | $1.553M | 1.7% | $17.12 * | $9.21 | +61.5% | common | 084680107 |
| — | Foley Trasimene Acquisition CL A | 101,000 | $1.525M | 1.7% | $15.10 | $15.10 | — | common | 344328109 |
| — | McHenry Bancorp, Inc. | 17,262,875 | $1.516M | 1.7% | $0.09 | $0.11 | — | common | 580683100 |
| — | Metro Phoenix Bank | 131,667 | $1.513M | 1.7% | $11.49 | $9.16 | — | common | 59165E106 |
| — | South State Corp | 17,700 | $1.28M | 1.4% | $72.32 | $48.16 | — | common | 840441109 |
| — | Bank of Fincastle | 563,917 | $1.274M | 1.4% | $2.26 | $2.16 | — | common | 062113105 |
| — | Citigroup Jan 20 2023 37.50 | 500 | $1.24M | 1.4% | $2480.00 | — | — | Call | 172967904 |
| — | Southcrest Financial Group | 148,140 | $1.222M | 1.4% | $8.25 | $6.69 | — | common | 84129X107 |
| — | Lakeland Bancorp Inc | 87,162 | $1.107M | 1.2% | $12.70 | $14.93 | — | common | 511637100 |
| GWBK | Gateway Bank FSB | 3,000,000 | $1.103M | 1.2% | $0.37 | $0.49 | -28.0% | common | 36758P102 |
| UBSI | United Bankshares Inc | 34,000 | $1.102M | 1.2% | $32.41 | $26.04 | +24.4% | common | 909907107 |
| — | Intelligent Systems Corp New | 25,052 | $1.005M | 1.1% | $40.12 | $40.12 | — | common | 45816D100 |
| BPOP | Popular Inc | 16,800 | $946K | 1.1% | $56.31 * | $31.61 | +54.4% | common | 733174700 |
| — | Cecil Bancorp, Inc. | 367,500 | $909K | 1.0% | $2.47 | $4.00 | — | common | 149841306 |
| — | NCINO Inc | 10,000 | $724K | 0.8% | $72.40 | $72.40 | — | common | 63947U107 |
| MVBF | MVB Financial | 24,548 | $557K | 0.6% | $22.69 * | $16.61 | +19.9% | common | 553810102 |
| CCB | Coastal Financial Corporation | 18,700 | $393K | 0.4% | $21.02 | $17.84 | +17.7% | common | 19046P209 |
| — | Paysign Inc. Jan 21 2022 5 | 1,756 | $259K | 0.3% | $147.49 | — | — | Call | 70451A904 |
| PAYS | Paysign Inc. | 48,742 | $226K | 0.3% | $4.64 | $5.23 | -11.3% | common | 70451A104 |
| — | iShares Trust IBOXX HI YD ETF Jan 15 2021 83 | 5,000 | $226K | 0.3% | $45.20 | — | — | Put | 464288953 |
| — | Well Fargo & Co New Jun 18 2021 35 | 1,500 | $213K | 0.2% | $142.00 | — | — | Call | 949746901 |
| C | Citigroup | 3,400 | $210K | 0.2% | $61.76 * | $41.02 | +25.7% | common | 172967424 |
| — | ZIONS Bancorporation N A Jan 21 2022 35 | 150 | $167K | 0.2% | $1113.33 | — | — | Call | 989701907 |
| — | Royal BK CDA Montreal Jan 15 2021 75 | 400 | $86,000 | 0.1% | $215.00 | — | — | Put | 780087952 |
| — | Toronto Dominion BK ONT Feb 19 2021 55 | 500 | $58,000 | 0.1% | $116.00 | — | — | Put | 891160959 |
| GSBC | Great Southn Bancorp | 1,080 | $53,000 | 0.1% | $49.07 | $44.35 | +10.2% | common | 390905107 |
| — | Financial Select Sector SPDR ETF Jan 15 2021 25 | 20,302 | $51,000 | 0.1% | $2.51 | — | — | Put | 81369Y955 |
| — | SPDR S&P Regional Banking ETF Jan 15 2021 40 | 7,500 | $38,000 | 0.0% | $5.07 | — | — | Put | 78464A958 |
| — | Canadian Imp BK COMM Jan 15 2021 85 | 400 | $37,000 | 0.0% | $92.50 | $92.50 | — | put | 136069951 |
| — | Popular Inc. July 16 2021 55 | 22 | $15,000 | 0.0% | $681.82 | — | — | Call | 733174900 |
| MNSB | MainStreet Bancshares Inc | 315 | $5,000 | 0.0% | $15.87 | $19.23 | -18.6% | common | 56064Y100 |
| — | iShares Trust IBOXX HI YD ETF Mar 19 2021 90 | 650 | $2,000 | 0.0% | $3.08 | — | — | Call | 464288903 |
| — | NCINO Inc Jan 15 2021 95 | 100 | $2,000 | 0.0% | $20.00 | — | — | Call | 63947U907 |