Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q1 2021 (← Previous) (Next →)
Filing Date: May 7, 2021
Total Value: $103M (93.7% shares, 6.3% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | First Bancshares Inc MS | 209,450 | $7.668M | 7.4% | $16.56 | — | common | 318916103 |
| FFBB | Communities First Financial Corp | 161,913 | $6.638M | 6.4% | $25.69 | +38.1% | common | 20344D104 |
| FBK | FB Financial Corp | 118,225 | $5.256M | 5.1% | $23.58 | +61.9% | common | 30257X104 |
| FBNC | First Bancorp NC | 110,353 | $4.8M | 4.6% | $24.58 | +44.8% | common | 318910106 |
| UBAB | United Bancorporation Ala CL A | 157,586 | $4.57M | 4.4% | $19.02 | +23.2% | common | 90944R100 |
| — | Pacific Premier Bancorp | 89,945 | $3.907M | 3.8% | $18.67 | — | common | 69478X105 |
| — | Pacwest Bancorp DEL | 97,000 | $3.701M | 3.6% | $21.24 | — | common | 695263103 |
| — | Reliant Bancorp | 121,171 | $3.48M | 3.4% | $14.81 | — | common | 75956B101 |
| FIBK | First Intst Bancsystem CL A | 68,531 | $3.155M | 3.1% | $30.14 | +11.0% | common | 32055Y201 |
| UCB | United Community Banks Inc | 91,000 | $3.105M | 3.0% | $18.00 | +82.5% | common | 90984P303 |
| — | US Metro Bank | 940,073 | $3.055M | 3.0% | $3.61 | — | common | 90343B102 |
| — | Amerant Bancorp CL B | 185,488 | $3.051M | 3.0% | $16.45 | — | common | 023576200 |
| HTBK | Heritage Commerce Corp | 231,000 | $2.823M | 2.7% | $8.45 | +18.5% | common | 426927109 |
| — | NCINO Inc | 40,000 | $2.669M | 2.6% | $68.14 | — | common | 63947U107 |
| — | Grandsouth Bancorporation | 131,118 | $2.668M | 2.6% | $14.00 | — | common | 386627301 |
| WAL | Western Alliance Bancorp | 28,121 | $2.656M | 2.6% | $41.54 | +79.5% | common | 957638109 |
| — | Voyager Digital Ltd | 98,000 | $2.548M | 2.5% | $26.00 | — | common | 92919V108 |
| ABCB | Ameris Bancorp | 47,480 | $2.493M | 2.4% | $35.52 | +25.5% | common | 03076K108 |
| FFIC | Flushing Financial | 110,000 | $2.335M | 2.3% | $10.51 | +51.0% | common | 343873105 |
| — | Pacific West Bank | 162,590 | $2.236M | 2.2% | $14.76 | — | common | 69506W202 |
| — | Financial Select Sector SPDR ETF Jan 21 2022 30 | 13,500 | $2.146M | 2.1% | — | — | Call | 81369Y905 |
| — | Veritex Holdings Inc | 55,550 | $1.818M | 1.8% | $21.19 | — | common | 923451108 |
| — | McHenry Bancorp, Inc. | 17,262,875 | $1.782M | 1.7% | $0.11 | — | common | 580683100 |
| — | Citigroup Jan 20 2023 37.50 | 500 | $1.775M | 1.7% | — | — | Call | 172967904 |
| — | Paysafe Limited Ord | 125,500 | $1.694M | 1.6% | $13.50 | — | common | G6964L107 |
| ORPB | Oregon Pacific Bancorp | 258,334 | $1.63M | 1.6% | $4.73 | +29.7% | common | 686040205 |
| — | Southcrest Financial Group | 148,140 | $1.555M | 1.5% | $6.69 | — | common | 84129X107 |
| — | Metro Phoenix Bank | 116,667 | $1.54M | 1.5% | $9.16 | — | common | 59165E106 |
| — | Lakeland Bancorp Inc | 87,162 | $1.519M | 1.5% | $14.93 | — | common | 511637100 |
| — | South State Corp | 17,700 | $1.39M | 1.3% | $48.16 | — | common | 840441109 |
| PYPL | Paypal Holdings Inc | 5,600 | $1.36M | 1.3% | $251.93 | 0.0% | common | 70450Y103 |
| UBSI | United Bankshares Inc West VA | 34,000 | $1.312M | 1.3% | $26.04 | +40.8% | common | 909907107 |
| — | Intelligent Systems Corp New | 31,052 | $1.27M | 1.2% | $40.27 | — | common | 45816D100 |
| — | Figure Acquisition Corp I | 123,792 | $1.253M | 1.2% | $10.12 | — | Unit | 302438205 |
| — | Cecil Bancorp, Inc. | 367,500 | $1.243M | 1.2% | $4.00 | — | common | 149841306 |
| GWBK | Gateway Bank FSB | 3,000,000 | $1.14M | 1.1% | $0.49 | -20.4% | common | 36758P102 |
| — | Financial Select Sector SPDR ETF Apr 01 2021 32 | 109,500 | $877K | 0.8% | — | — | Put | 81369Y955 |
| MVBF | MVB Financial | 24,548 | $830K | 0.8% | $16.61 | +48.3% | common | 553810102 |
| ONB | Old Natl Bancorp IND | 42,000 | $812K | 0.8% | $12.65 | +46.5% | common | 680033107 |
| — | Well Fargo & Co New Jun 18 2021 35 | 1,500 | $758K | 0.7% | — | — | Call | 949746901 |
| PAYS | Paysign Inc. | 116,410 | $509K | 0.5% | $4.95 | -4.0% | common | 70451A104 |
| CCB | Coastal Financial Corporation | 18,700 | $490K | 0.5% | $17.84 | +38.5% | common | 19046P209 |
| NTB | Bank of NT Butterfield & Son | 10,000 | $382K | 0.4% | $27.66 | 0.0% | common | G0772R208 |
| — | ZIONS Bancorporation N A Jan 21 2022 35 | 150 | $308K | 0.3% | — | — | Call | 989701907 |
| C | Citigroup | 3,400 | $247K | 0.2% | $41.02 | +36.9% | common | 172967424 |
| — | PAYA Holdings Inc CL A | 14,014 | $154K | 0.1% | $10.99 | — | common | 70434P103 |
| — | Paysign Inc. Jan 21 2022 5 | 1,756 | $149K | 0.1% | — | — | Call | 70451A904 |
| — | iShares Trust IBOXX HI YD ETF Apr 01 2021 85 | 5,000 | $124K | 0.1% | — | — | Put | 464288953 |
| — | PAYA Holdings Inc CL A Aug 20 2021 10 | 623 | $123K | 0.1% | — | — | Call | 70434P903 |
| — | iShares Trust 20 Plus Year Treas 04/16/21 145 | 10,000 | $105K | 0.1% | — | — | Call | 464287902 |
| GSBC | Great Southn Bancorp | 1,080 | $61,000 | 0.1% | $44.35 | +20.4% | common | 390905107 |
| — | Popular Inc. July 16 2021 55 | 22 | $35,000 | 0.0% | — | — | Call | 733174900 |
| — | SPDR S&P Regional Banking ETF Apr 01 2021 62 | 5,000 | $15,000 | 0.0% | — | — | Put | 78464A958 |
| — | Toronto Dominion BK ONT Apr 16 2021 62.50 | 500 | $14,000 | 0.0% | — | — | Put | 891160959 |
| — | Square Inc Apr 16 2021 260 | 100 | $14,000 | 0.0% | — | — | Call | 852234903 |
| RVSB | Riverview Bancorp Inc | 1,500 | $10,000 | 0.0% | $5.30 | 0.0% | common | 769397100 |
| — | NCINO Inc Apr 16 2021 55 | 200 | $9,000 | 0.0% | — | — | Put | 63947U907 |
| BBT | Berkshire Hill Bancorp | 401 | $9,000 | 0.0% | $9.21 | +92.8% | common | 084680107 |
| — | Bank of Nova Scotia Apr 16 2021 60 | 350 | $8,000 | 0.0% | — | — | Put | 064149957 |
| — | Canadian Imp BK COMM Apr 16 2021 95 | 300 | $8,000 | 0.0% | $92.50 | — | Put | 136069951 |
| — | Texas Cap Bancshares Inc Apr 16 2021 80 | 100 | $7,000 | 0.0% | — | — | Call | 88224Q907 |
| — | iShares Trust IBOXX HI YD ETF Jun 18 2021 90 | 1,000 | $4,000 | 0.0% | — | — | Call | 464288903 |
| — | Royal BK CDA Montreal Apr 16 2021 80 | 300 | $2,000 | 0.0% | — | — | Put | 780087952 |