Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q3 2021 (← Previous) (Next →)
Filing Date: Oct 26, 2021
Total Value: $105M (96.0% shares, 4.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | First Bancshares Inc MS | 188,399 | $7.306M | 7.0% | $16.56 | — | common | 318916103 |
| FFBB | Communities First Financial Corp | 155,046 | $7.287M | 7.0% | $25.69 | +74.3% | common | 20344D104 |
| RVSB | Riverview Bancorp Inc | 635,961 | $4.623M | 4.4% | $6.06 | +3.9% | common | 769397100 |
| — | Amerant Bancorp CL B | 196,472 | $4.566M | 4.4% | $17.41 | — | common | 023576200 |
| UBAB | United Bancorporation Ala CL A | 142,586 | $4.349M | 4.1% | $19.02 | +46.3% | common | 90944R100 |
| WAL | Western Alliance Bancorp | 39,121 | $4.257M | 4.1% | $55.02 | +60.2% | common | 957638109 |
| — | US Metro Bank | 950,073 | $3.962M | 3.8% | $3.65 | — | common | 90343B102 |
| — | Pacwest Bancorp DEL | 82,000 | $3.716M | 3.5% | $21.24 | — | common | 695263103 |
| FBK | FB Financial Corp | 86,125 | $3.693M | 3.5% | $23.58 | +56.9% | common | 30257X104 |
| FBNC | First Bancorp NC | 85,353 | $3.671M | 3.5% | $24.58 | +49.4% | common | 318910106 |
| — | Southern Sts Bancshares Inc | 189,218 | $3.608M | 3.4% | $19.07 | — | common | 843878307 |
| — | Pacific Premier Bancorp | 79,945 | $3.313M | 3.2% | $18.67 | — | common | 69478X105 |
| — | Reliant Bancorp | 102,171 | $3.228M | 3.1% | $14.81 | — | common | 75956B101 |
| — | Bancorpsouth Bk Tupelo Miss | 105,600 | $3.145M | 3.0% | $29.51 | — | common | 05971J102 |
| — | Grandsouth Bancorporation | 122,870 | $2.928M | 2.8% | $14.00 | — | common | 386627301 |
| NTB | Bank of NT Butterfield & Son | 81,441 | $2.892M | 2.8% | $29.33 | -7.7% | common | G0772R208 |
| ABCB | Ameris Bancorp | 49,180 | $2.551M | 2.4% | $36.79 | +24.8% | common | 03076K108 |
| — | Pacific West Bank | 162,590 | $2.365M | 2.3% | $14.76 | — | common | 69506W202 |
| MCB | Metropolitan Bk Hldg | 24,000 | $2.023M | 1.9% | $72.36 | 0.0% | common | 591774104 |
| EBMT | Eagle Bancorp Montana Inc | 89,407 | $1.989M | 1.9% | $20.17 | -5.9% | common | 26942G100 |
| FNWB | First Northwest Bancorp | 112,905 | $1.983M | 1.9% | $15.89 | +6.0% | common | 335834107 |
| — | Intelligent Systems Corp New | 41,552 | $1.687M | 1.6% | $37.81 | — | common | 45816D100 |
| HTBK | Heritage Commerce Corp | 141,800 | $1.649M | 1.6% | $8.45 | +32.4% | common | 426927109 |
| — | McHenry Bancorp, Inc. | 17,352,875 | $1.628M | 1.6% | $0.11 | — | common | 580683100 |
| — | Lakeland Bancorp Inc | 87,162 | $1.537M | 1.5% | $14.93 | — | common | 511637100 |
| — | PAYA Holdings Inc CL A | 138,314 | $1.503M | 1.4% | $10.93 | — | common | 70434P103 |
| PYPL | Paypal Holdings Inc | 5,600 | $1.457M | 1.4% | $251.93 | +12.4% | common | 70450Y103 |
| — | Paysafe Limited Ord | 180,500 | $1.399M | 1.3% | $13.08 | — | common | G6964L107 |
| FFIC | Flushing Financial | 60,000 | $1.356M | 1.3% | $10.51 | +64.5% | common | 343873105 |
| — | Citigroup Jan 20 2023 37.50 | 400 | $1.32M | 1.3% | — | — | Call | 172967904 |
| FSBC | Five Star Bancorp | 54,257 | $1.299M | 1.2% | $22.57 | -6.3% | common | 33830T103 |
| — | Metro Phoenix Bank | 73,667 | $1.216M | 1.2% | $9.16 | — | common | 59165E106 |
| FIBK | First Intst Bancsystem CL A | 30,000 | $1.208M | 1.2% | $30.14 | +7.6% | common | 32055Y201 |
| CCB | Coastal Financial Corporation WA | 37,127 | $1.183M | 1.1% | $23.76 | +25.4% | common | 19046P209 |
| MVBF | MVB Financial | 24,548 | $1.051M | 1.0% | $16.61 | +117.1% | common | 553810102 |
| — | Cecil Bancorp, Inc. | 367,500 | $1.021M | 1.0% | $2.78 | — | common | 149841306 |
| GWBK | Gateway Bank FSB | 3,000,000 | $1.02M | 1.0% | $0.49 | -29.9% | common | 36758P102 |
| FOUR | Shift4 Pmts Inc | 12,000 | $930K | 0.9% | $90.31 | -4.5% | common | 82452J109 |
| — | SPDR Ser Tr S&P Regl Bkg Oct 15 2021 65 | 9,000 | $791K | 0.8% | — | — | Put | 78464A958 |
| — | Veritex Holdings Inc | 15,000 | $590K | 0.6% | $21.19 | — | common | 923451108 |
| BANC | Banc of California Inc | 26,000 | $481K | 0.5% | $16.03 | -1.7% | common | 05990K106 |
| — | Financial Select Sector SPDR ETF Jan 21 2022 40 | 10,000 | $446K | 0.4% | — | — | Call | 81369Y905 |
| UCB | United Community Banks Blairsvle GA | 13,000 | $427K | 0.4% | $18.00 | +66.5% | common | 90984P303 |
| — | New York Cmnty Bancorp Inc Jan 21 2022 11 | 2,000 | $405K | 0.4% | — | — | Call | 649445903 |
| — | NCINO Inc Feb 18 2022 70 | 450 | $367K | 0.4% | — | — | Call | 63947U907 |
| — | Financial Select Sector SPDR ETF Oct 15 2021 35 | 15,000 | $285K | 0.3% | — | — | Put | 81369Y955 |
| — | NCINO Inc | 3,000 | $213K | 0.2% | $66.77 | — | common | 63947U107 |
| ZION | ZIONS Bancorporation NA | 3,000 | $186K | 0.2% | $54.94 | 0.0% | common | 989701107 |
| — | iShares Trust 20 plus Year Treasury Oct 15 2021 155 | 4,000 | $142K | 0.1% | — | — | Call | 464287902 |
| — | Riverview Bancorp Inc Dec 17 2021 5 | 373 | $90,000 | 0.1% | — | — | Call | 769397900 |
| PAYS | Paysign Inc. | 26,616 | $72,000 | 0.1% | $4.95 | -45.9% | common | 70451A104 |
| — | Banc of California Inc Oct 15 2021 16 | 250 | $71,000 | 0.1% | — | — | Call | 05990K906 |
| — | Metropolitan Bk Hldg Dec 17 2021 70 | 40 | $64,000 | 0.1% | — | — | Call | 591774904 |
| — | PAYA Holdings Inc CL A Feb 18 2022 10 | 242 | $52,000 | 0.0% | — | — | Call | 70434P903 |
| — | Royal Bk CDA Oct 15 2021 100 | 300 | $48,000 | 0.0% | — | — | Put | 780087952 |
| — | Payoneer Global Inc Feb 18 2022 7.50 | 250 | $43,000 | 0.0% | — | — | Call | 70451X904 |
| — | Affirm Holdings Inc Oct 15 2021 100 | 200 | $33,000 | 0.0% | — | — | Put | 00827B956 |
| TBBK | Bancorp Inc Del | 1,200 | $31,000 | 0.0% | $23.67 | 0.0% | common | 05969A105 |
| KRE | SPDR Ser Tr S&P Regl Bkg | 400 | $27,000 | 0.0% | $67.50 | — | common | 78464A698 |
| XYZ | Square Inc CL A | 100 | $24,000 | 0.0% | $231.94 | +10.7% | common | 852234103 |
| — | Paysign Inc. Jan 21 2022 5 | 1,880 | $14,000 | 0.0% | — | — | Call | 70451A904 |
| — | Paysafe Limited Jan 21 2022 12 | 420 | $11,000 | 0.0% | — | — | Call | G6964L907 |
| C | Citigroup | 100 | $7,000 | 0.0% | $41.02 | +45.5% | common | 172967424 |
| TFIN | Triumph Bancorp Inc | 15 | $2,000 | 0.0% | $85.19 | -6.0% | common | 89679E300 |