CIK: 0001029311 · Show all filings
Period: Q1 2017 (← Previous) (Next →)
Filing Date: May 15, 2017
Total Value ($000): $2,320,236 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| EFSC | Enterprise Financial Services Corp | 1,448,828 | $61,430 | 2.6% | $12.68 | +184.5% | Common | 293712105 |
| — | State Bank Financial Corporation | 1,978,680 | $51,683 | 2.2% | $17.35 | — | Common | 856190103 |
| MBWM | Mercantile Bank Corporation | 1,457,974 | $50,154 | 2.2% | $12.07 | +99.4% | Common | 587376104 |
| — | TriState Capital Holdings, Inc. | 2,012,110 | $46,983 | 2.0% | $11.11 | — | Common | 89678F100 |
| — | CU Bancorp | 1,154,453 | $45,774 | 2.0% | $18.62 | — | Common | 126534106 |
| PGC | Peapack-Gladstone Financial Corporation | 1,486,687 | $43,991 | 1.9% | $16.58 | +74.5% | Common | 704699107 |
| — | Sandy Spring Bancorp Inc. | 1,060,270 | $43,460 | 1.9% | $22.87 | — | Common | 800363103 |
| — | CenterState Banks, Inc. | 1,572,929 | $40,739 | 1.8% | $9.91 | — | Common | 15201P109 |
| — | Park Sterling Corp. | 3,249,994 | $40,007 | 1.7% | $6.37 | — | Common | 70086Y105 |
| — | First Midwest Bancorp, Inc. | 1,596,540 | $37,806 | 1.6% | $14.43 | — | Common | 320867104 |
| — | Fidelity Southern Corporation | 1,571,486 | $35,170 | 1.5% | $13.45 | — | Common | 316394105 |
| — | Lakeland Bancorp, Inc. | 1,684,554 | $33,017 | 1.4% | $11.45 | — | Common | 511637100 |
| — | CoBiz Financial Inc. | 1,762,723 | $29,614 | 1.3% | $8.43 | — | Common | 190897108 |
| OSBC | Old Second Bancorp, Inc. | 2,581,182 | $29,038 | 1.3% | $4.48 | +120.5% | Common | 680277100 |
| — | Boston Private Financial Holdings, Inc. | 1,755,163 | $28,785 | 1.2% | $10.72 | — | Common | 101119105 |
| — | Capital Bank Financial Corp. | 624,132 | $27,087 | 1.2% | $24.52 | — | Common | 139794101 |
| NBHC | National Bank Holdings Corporation | 816,620 | $26,540 | 1.1% | $16.12 | +62.7% | Common | 633707104 |
| HFWA | Heritage Financial Corporation | 1,027,975 | $25,442 | 1.1% | $16.01 | +56.4% | Common | 42722X106 |
| — | MB Financial, Inc. | 588,021 | $25,179 | 1.1% | $26.80 | — | Common | 55264U108 |
| — | Southwest Bancorp, Inc. | 942,232 | $24,639 | 1.1% | $14.70 | — | Common | 844767103 |
| — | BSB Bancorp, Inc. | 814,883 | $23,020 | 1.0% | $16.25 | — | Common | 05573H108 |
| QCRH | QCR Holdings, Inc. | 525,128 | $22,239 | 1.0% | $16.12 | +153.6% | Common | 74727A104 |
| SBCF | Seacoast Banking Corporation of Florida | 880,169 | $21,106 | 0.9% | $14.90 | +53.8% | Common | 811707801 |
| FRBKQ | Republic First Bancorp, Inc. | 2,540,059 | $21,082 | 0.9% | $4.83 | +63.9% | Common | 760416107 |
| — | Pacific Continental Corporation | 839,413 | $20,566 | 0.9% | $12.20 | — | Common | 69412V108 |
| FRME | First Merchants Corp. | 519,127 | $20,412 | 0.9% | $12.64 | +135.4% | Common | 320817109 |
| — | Paragon Commercial Corporation | 380,977 | $20,378 | 0.9% | $28.44 | — | Common | 69911U403 |
| — | First Bancshares, Inc. | 708,843 | $20,202 | 0.9% | $18.55 | — | Common | 318916103 |
| FBIZ | First Business Financial Services | 763,428 | $19,819 | 0.9% | $14.62 | +33.7% | Common | 319390100 |
| HTBK | Heritage Commerce Corp | 1,403,708 | $19,792 | 0.9% | $7.21 | +94.6% | Common | 426927109 |
| — | Stonegate Bank | 418,604 | $19,712 | 0.8% | $22.34 | — | Common | 861811107 |
| — | Codorus Valley Bancorp, Inc. | 758,429 | $19,651 | 0.8% | $19.84 | — | Common | 192025104 |
| — | Central Valley Community Bancorp | 908,424 | $18,623 | 0.8% | $10.64 | — | Common | 155685100 |
| — | Cambridge Bancorp | 277,544 | $18,040 | 0.8% | $40.53 | — | Common | 132152109 |
| — | Union Bankshares Corporation | 510,351 | $17,954 | 0.8% | $25.23 | — | Common | 90539J109 |
| SFST | Southern First Bancshares, Inc. | 547,521 | $17,877 | 0.8% | $12.71 | +168.8% | Common | 842873101 |
| AMH | American Homes 4 Rent | 777,800 | $17,858 | 0.8% | $17.76 | — | Common | 02665T306 |
| CNOB | ConnectOne Bancorp, Inc. | 734,153 | $17,803 | 0.8% | $15.40 | +31.2% | Common | 20786W107 |
| WTBFB | W.T.B. Financial Corporation | 63,904 | $17,574 | 0.8% | $163.51 | +66.0% | Common | 929334209 |
| PEBO | Peoples Bancorp Inc. | 546,882 | $17,314 | 0.7% | $23.57 | +35.6% | Common | 709789101 |
| WSBF | Waterstone Financial, Inc. | 943,769 | $17,224 | 0.7% | $11.24 | +62.5% | Common | 94188P101 |
| — | Pacific Premier Bancorp, Inc. | 442,885 | $17,073 | 0.7% | $28.95 | — | Common | 69478X105 |
| — | Allegiance Bancshares, Inc. | 445,253 | $16,563 | 0.7% | $26.36 | — | Common | 01748H107 |
| UNTY | Unity Bancorp, Inc. | 965,749 | $16,369 | 0.7% | $9.22 | +57.5% | Common | 913290102 |
| — | Iberiabank Corp | 206,534 | $16,337 | 0.7% | $65.83 | — | Common | 450828108 |
| — | Southern National Bancorp of Virginia,Inc. | 964,417 | $16,328 | 0.7% | $10.78 | — | Common | 843395104 |
| EGBN | Eagle Bancorp, Inc. | 259,490 | $15,492 | 0.7% | $17.07 | +177.5% | Common | 268948106 |
| EQBK | Equity Bancshares, Inc. | 467,943 | $14,867 | 0.6% | $26.23 | +16.9% | Common | 29460X109 |
| FBNC | First Bancorp | 500,164 | $14,650 | 0.6% | $13.01 | +88.1% | Common | 318910106 |
| — | Old Line Bancshares, Inc. | 494,377 | $14,080 | 0.6% | $13.30 | — | Common | 67984M100 |
| — | Veritex Holdings, Inc. | 490,442 | $13,791 | 0.6% | $23.29 | — | Common | 923451108 |
| CCNE | CNB Financial Corporation | 546,087 | $13,046 | 0.6% | $16.50 | +16.3% | Common | 126128107 |
| BWFG | Bankwell Financial Group, Inc. | 377,094 | $12,968 | 0.6% | $17.82 | +43.8% | Common | 06654A103 |
| NIC | Nicolet Bankshares, Inc. | 263,511 | $12,475 | 0.5% | $37.16 | +25.5% | Common | 65406E102 |
| BSRR | Sierra Bancorp | 448,312 | $12,297 | 0.5% | $9.40 | +112.8% | Common | 82620P102 |
| SHBI | Shore Bancshares, Inc. | 718,456 | $12,005 | 0.5% | $9.91 | +65.7% | Common | 825107105 |
| FFWM | First Foundation Inc. | 773,398 | $11,995 | 0.5% | $12.41 | +12.9% | Common | 32026V104 |
| — | Malvern Bancorp, Inc. | 563,994 | $11,878 | 0.5% | $17.98 | — | Common | 561409103 |
| — | 1st Constitution Bancorp | 626,844 | $11,565 | 0.5% | $10.30 | — | Common | 31986N102 |
| ISTR | Investar Holding Corporation | 521,313 | $11,417 | 0.5% | $15.62 | +29.9% | Common | 46134L105 |
| SF | Stifel Financial Corp. | 219,096 | $10,996 | 0.5% | $20.09 | +52.2% | Common | 860630102 |
| — | First Choice Bank | 538,254 | $10,980 | 0.5% | $16.59 | — | Common | 319461109 |
| — | First of Long Island Corp. | 402,915 | $10,899 | 0.5% | $30.07 | — | Common | 320734106 |
| — | Atlantic Capital Bancshares, Inc. | 566,622 | $10,737 | 0.5% | $14.80 | — | Common | 048269203 |
| — | Enterprise Bancorp, Inc. | 308,137 | $10,711 | 0.5% | $21.71 | — | Common | 293668109 |
| — | Community Bankers Trust Corporation | 1,331,705 | $10,654 | 0.5% | $4.19 | — | Common | 203612106 |
| FRBA | First Bank | 869,734 | $10,393 | 0.4% | $5.75 | +93.4% | Common | 31931U102 |
| — | National Commerce Corporation | 280,351 | $10,261 | 0.4% | $27.20 | — | Common | 63546L102 |
| SAMG | Silvercrest Asset Management Group Inc. | 757,259 | $10,072 | 0.4% | $14.11 | -3.2% | Common | 828359109 |
| AMBZ | American Business Bank | 248,642 | $10,008 | 0.4% | $24.92 | +52.2% | Common | 02475L105 |
| — | FNB Bancorp | 270,967 | $9,904 | 0.4% | $23.64 | — | Common | 302515101 |
| — | Bank of Commerce Holdings | 917,326 | $9,815 | 0.4% | $6.29 | — | Common | 06424J103 |
| — | Community Financial Corporation | 261,132 | $9,401 | 0.4% | $20.63 | — | Common | 20368X101 |
| — | Chemical Financial Corp. | 180,046 | $9,209 | 0.4% | $44.13 | — | Common | 163731102 |
| — | MBT Financial Corp. | 804,233 | $9,128 | 0.4% | $5.04 | — | Common | 578877102 |
| HBNC | Horizon Bancorp | 334,284 | $8,765 | 0.4% | $12.34 | +41.0% | Common | 440407104 |
| BMRC | Bank of Marin Bancorp | 132,870 | $8,550 | 0.4% | $13.89 | +83.6% | Common | 063425102 |
| — | LegacyTexas Financial Group, Inc. | 214,072 | $8,541 | 0.4% | $23.25 | — | Common | 52471Y106 |
| SMBK | SmartFinancial, Inc. | 398,367 | $8,382 | 0.4% | $16.73 | +24.4% | Common | 83190L208 |
| — | Eastern Virginia Bankshares, Inc. | 795,351 | $8,335 | 0.4% | $8.99 | — | Common | 277196101 |
| — | Charter Financial Corporation | 423,695 | $8,334 | 0.4% | $10.64 | — | Common | 16122W108 |
| — | Green Bancorp, Inc. | 468,011 | $8,331 | 0.4% | $14.82 | — | Common | 39260X100 |
| — | United Financial Bancorp, Inc. | 485,486 | $8,258 | 0.4% | $13.42 | — | Common | 910304104 |
| — | Carolina Financial Corporation | 275,000 | $8,250 | 0.4% | $23.52 | — | Common | 143873107 |
| — | People's United Financial | 449,954 | $8,189 | 0.4% | $18.20 | — | Common | 712704105 |
| — | MainSource Financial Group, Inc. | 248,564 | $8,185 | 0.4% | $16.17 | — | Common | 56062Y102 |
| UCB | United Community Banks, Inc. | 292,768 | $8,107 | 0.3% | $18.80 | +51.3% | Common | 90984P303 |
| WBBW | Westbury Bancorp, Inc. | 387,580 | $8,069 | 0.3% | $16.96 | +25.4% | Common | 95727P106 |
| — | Macatawa Bank Corporation | 788,293 | $7,788 | 0.3% | $5.54 | — | Common | 554225102 |
| — | Xenith Bankshares, Inc. | 304,606 | $7,728 | 0.3% | $25.37 | — | Common | 984102202 |
| FGFH | Foresight Financial Group, Inc. | 238,878 | $7,489 | 0.3% | $18.53 | +44.6% | Common | 345526107 |
| WTFC | Wintrust Financial Corporation | 107,802 | $7,451 | 0.3% | $36.77 | +95.4% | Common | 97650W108 |
| — | DNB Financial Corporation | 218,088 | $7,415 | 0.3% | $27.21 | — | Common | 233237106 |
| FCCO | First Community Corporation | 328,319 | $7,223 | 0.3% | $7.60 | +114.2% | Common | 319835104 |
| QNBC | QNB Corp. | 188,847 | $7,205 | 0.3% | $30.79 | +22.0% | Common | 74726N107 |
| — | Bryn Mawr Bank Corporation | 178,971 | $7,069 | 0.3% | $25.24 | — | Common | 117665109 |
| — | Northwest Bancorporation, Inc. | 598,281 | $7,006 | 0.3% | $8.84 | — | Common | 667337109 |
| FVCB | First Virginia Community Bank | 372,500 | $7,003 | 0.3% | $5.88 | +29.6% | Common | 36120Q101 |
| UVSP | Univest Corporation of Pennsylvania | 269,452 | $6,979 | 0.3% | $19.54 | +43.5% | Common | 915271100 |
| SFBS | ServisFirst Bancshares, Inc. | 190,900 | $6,945 | 0.3% | $20.02 | +70.8% | Common | 81768T108 |
| BCML | BayCom Corp. | 416,716 | $6,834 | 0.3% | $11.91 | +23.6% | Common | 07272M107 |
| FBK | FB Financial Corp. | 192,868 | $6,820 | 0.3% | $18.53 | +43.5% | Common | 30257X104 |
| — | FCB Financial Holdings, Inc. | 136,871 | $6,782 | 0.3% | $23.07 | — | Common | 30255G103 |
| — | NorthWest Indiana Bancorp | 173,868 | $6,776 | 0.3% | $24.65 | — | Common | 667516108 |
| VABK | Virginia National Bankshares Corp. | 209,209 | $6,642 | 0.3% | $19.28 | +47.4% | Common | 928031103 |
| BFC | Bank First National Corporation | 187,844 | $6,631 | 0.3% | $19.89 | +47.4% | Common | 06211J100 |
| — | WashingtonFirst Bankshares, Inc. | 234,794 | $6,574 | 0.3% | $17.65 | — | Common | 940730104 |
| OBT | Orange County Bancorp | 135,928 | $6,457 | 0.3% | $10.34 | +12.7% | Common | 68417L107 |
| — | County Bancorp, Inc. | 221,335 | $6,432 | 0.3% | $20.61 | — | Common | 221907108 |
| — | Sussex Bancorp | 260,447 | $6,381 | 0.3% | $10.65 | — | Common | 869245100 |
| PBAM | Private Bancorp of America, Inc. | 280,041 | $6,374 | 0.3% | $15.80 | +36.8% | Common | 74274F100 |
| — | South State Corporation | 71,152 | $6,357 | 0.3% | $89.34 | — | Common | 840441109 |
| — | First Community Financial Partners, Inc. | 497,801 | $6,347 | 0.3% | $4.68 | — | Common | 31985Q106 |
| — | California Bank of Commerce | 325,501 | $6,331 | 0.3% | $11.01 | — | Common | 13005C101 |
| — | BankFinancial Corporation | 434,271 | $6,306 | 0.3% | $12.16 | — | Common | 06643P104 |
| OVLY | Oak Valley Bancorp | 477,489 | $6,303 | 0.3% | $8.63 | +63.6% | Common | 671807105 |
| — | Centrue Financial Corporation | 240,227 | $6,265 | 0.3% | $16.64 | — | Common | 15643B205 |
| HTH | Hilltop Holdings Inc. | 227,532 | $6,250 | 0.3% | $15.00 | +86.3% | Common | 432748101 |
| — | Aspen Insurance Holdings Limited | 119,012 | $6,195 | 0.3% | $40.12 | — | Common | G05384105 |
| MNSB | MainStreet Bancshares, Inc. | 373,726 | $6,185 | 0.3% | $10.23 | +43.4% | Common | 56064Y100 |
| — | Fentura Financial, Inc. | 343,590 | $6,184 | 0.3% | $14.43 | — | Common | 314645102 |
| MVBF | MVB Financial Corp. | 478,261 | $6,098 | 0.3% | $10.99 | 0.0% | Common | 553810102 |
| AVBH | Avidbank Holdings, Inc. | 317,179 | $6,058 | 0.3% | $10.58 | +77.7% | Common | 05368J103 |
| — | Franklin Financial Network, Inc. | 155,500 | $6,026 | 0.3% | $37.04 | — | Common | 35352P104 |
| — | Independent Alliance Banks, Inc. | 93,786 | $5,978 | 0.3% | $27.87 | — | Common | 45380E104 |
| — | American River Bankshares | 400,719 | $5,939 | 0.3% | $9.53 | — | Common | 029326105 |
| HIFS | Hingham Institution for Savings | 33,463 | $5,918 | 0.3% | $58.20 | +191.6% | Common | 433323102 |
| — | CapStar Financial Holdings, Inc. | 310,000 | $5,912 | 0.3% | $16.92 | — | Common | 14070T102 |
| FNRN | First Northern Community Bancorp | 476,505 | $5,527 | 0.2% | $6.16 | +49.8% | Common | 335925103 |
| JMSB | John Marshall Bank | 248,000 | $5,394 | 0.2% | $17.62 | 0.0% | Common | 47805L101 |
| BUSE | First Busey Corporation | 182,457 | $5,364 | 0.2% | $14.09 | +52.8% | Common | 319383204 |
| WTBA | West Bancorporation, Inc. | 233,578 | $5,361 | 0.2% | $11.55 | +99.6% | Common | 95123P106 |
| TFIN | Triumph Bancorp, Inc. | 203,300 | $5,245 | 0.2% | $14.52 | +82.6% | Common | 89679E300 |
| — | Cardinal Financial Corporation | 167,278 | $5,008 | 0.2% | $17.22 | — | Common | 14149F109 |
| — | American Riviera Bank | 328,265 | $5,006 | 0.2% | $10.37 | — | Common | 02932A106 |
| BCBP | BCB Bancorp, Inc. | 300,000 | $4,995 | 0.2% | $6.30 | +49.6% | Common | 055298103 |
| — | Northway Financial, Inc. | 178,128 | $4,881 | 0.2% | $21.54 | — | Common | 667270201 |
| MFGI | Merchants Financial Group, Inc. | 81,630 | $4,857 | 0.2% | $10.77 | +43.2% | Common | 588538108 |
| — | CommerceWest Bank | 262,472 | $4,856 | 0.2% | $12.95 | — | Common | 20084T103 |
| FMNB | Farmers National Banc Corp. | 338,334 | $4,855 | 0.2% | $4.42 | +123.2% | Common | 309627107 |
| — | Bridge Bancorp Inc. | 137,965 | $4,829 | 0.2% | $30.20 | — | Common | 108035106 |
| — | First Menasha Bancshares, Inc. | 33,503 | $4,774 | 0.2% | $79.25 | — | Common | 320999675 |
| CSHX | Cashmere Valley Bank | 95,258 | $4,740 | 0.2% | $27.48 | +32.9% | Common | 14756K102 |
| — | Century Bancorp, Inc. | 76,904 | $4,677 | 0.2% | $41.92 | — | Common | 156432106 |
| TRCY | Tri City Bankshares Corporation | 241,618 | $4,603 | 0.2% | $17.59 | — | Common | 895364107 |
| — | Sunshine Bancorp, Inc. | 218,000 | $4,565 | 0.2% | $15.41 | — | Common | 86777J108 |
| — | Guaranty Bancorp | 181,802 | $4,427 | 0.2% | $19.02 | — | Common | 40075T607 |
| PSBQ | PSB Holdings, Inc. | 70,263 | $4,356 | 0.2% | $10.40 | +92.9% | Common | 69360N108 |
| — | DCB Financial Corp | 241,367 | $4,354 | 0.2% | $5.75 | — | Common | 233075100 |
| AUBN | Auburn National Bancorporation, Inc. | 130,673 | $4,312 | 0.2% | $16.51 | +44.1% | Common | 050473107 |
| SBNC | Southern BancShares (N.C.), Inc. | 2,152 | $4,304 | 0.2% | $1792.53 | +13.7% | Common | 842243107 |
| — | First Defiance Financial Corp. | 85,850 | $4,250 | 0.2% | $38.30 | — | Common | 32006W106 |
| — | Carter Bank & Trust | 249,558 | $4,218 | 0.2% | $12.38 | — | Common | 146102108 |
| — | First Security, Inc. | 162,125 | $4,215 | 0.2% | $26.15 | — | Common | 336327101 |
| — | 1st Capital Bank | 319,598 | $4,203 | 0.2% | $11.49 | — | Common | 31944C107 |
| ACIC | United Insurance Holdings Corp. | 261,459 | $4,170 | 0.2% | $10.80 | +13.0% | Common | 910710102 |
| — | Blackhawk Bancorp, Inc. | 164,336 | $3,977 | 0.2% | $10.62 | — | Common | 09237E204 |
| BOTJ | Bank of the James Financial Group, Inc. | 271,172 | $3,967 | 0.2% | $8.53 | +33.0% | Common | 470299108 |
| — | Two River Bancorp | 223,495 | $3,949 | 0.2% | $11.60 | — | Common | 90207C105 |
| — | Northeast Community Bancorp, Inc. | 475,600 | $3,924 | 0.2% | $6.46 | — | Common | 664112109 |
| — | Bank of Southern California, N. A. | 320,000 | $3,920 | 0.2% | $6.50 | — | Common | 065104101 |
| — | Flagstar Bancorp, Inc. | 138,900 | $3,916 | 0.2% | $18.37 | — | Common | 337930705 |
| — | West Suburban Bancorp, Inc. | 7,028 | $3,911 | 0.2% | $352.55 | — | Common | 956152409 |
| KINS | Kingstone Companies, Inc. | 240,500 | $3,836 | 0.2% | $11.70 | 0.0% | Common | 496719105 |
| PFLC | Pacific Financial Corporation | 411,648 | $3,828 | 0.2% | $4.98 | +29.7% | Common | 694275108 |
| — | Midsouth Bancorp, Inc. | 247,693 | $3,790 | 0.2% | $12.70 | — | Common | 598039105 |
| RVSB | Riverview Bancorp, Inc. | 516,574 | $3,694 | 0.2% | $1.91 | +212.1% | Common | 769397100 |
| — | First BancTrust Corporation | 164,135 | $3,693 | 0.2% | $17.84 | — | Common | 31868G100 |
| NODB | North Dallas Bank & Trust Co. | 50,626 | $3,617 | 0.2% | $48.15 | — | Common | 659012108 |
| — | Puget Sound Bank | 148,358 | $3,524 | 0.2% | $19.31 | — | Common | 74532B107 |
| — | Emclaire Financial Corp. | 117,207 | $3,428 | 0.1% | $23.94 | — | Common | 290828102 |
| — | Lake Shore Bancorp | 219,879 | $3,426 | 0.1% | $12.65 | — | Common | 510700107 |
| — | Suncrest Bank | 342,503 | $3,425 | 0.1% | $6.92 | — | Common | 86723G109 |
| PGNN | Paragon Financial Solutions, Inc. | 399,532 | $3,396 | 0.1% | $6.59 | +26.3% | Common | 69912S100 |
| — | Premier Commercial Bancorp | 349,622 | $3,321 | 0.1% | $4.61 | — | Common | 74048M100 |
| FXNC | First National Corporation | 237,418 | $3,286 | 0.1% | $5.09 | +123.1% | Common | 32106V107 |
| — | Carolina Bank Holdings, Inc. | 110,400 | $3,234 | 0.1% | $11.81 | — | Common | 143785103 |
| PPBN | Pinnacle Bankshares Corporation | 112,580 | $3,209 | 0.1% | $15.23 | +49.0% | Common | 72345E102 |
| — | Fauquier Bancshares, Inc. | 176,476 | $3,203 | 0.1% | $12.52 | — | Common | 312059108 |
| — | First NBC Bank | 798,583 | $3,194 | 0.1% | $24.35 | — | Common | 32115D106 |
| — | Mackinac Financial Corporation | 226,307 | $3,105 | 0.1% | $9.26 | — | Common | 554571109 |
| LFGP | Ledyard Financial Group, Inc. | 52,364 | $3,089 | 0.1% | $15.11 | +31.0% | Common | 523338101 |
| FFBB | Communities First Financial Corporation | 224,567 | $3,088 | 0.1% | $10.37 | +35.6% | Common | 20344D104 |
| BHB | Bar Harbor Bankshares | 93,021 | $3,077 | 0.1% | $18.02 | +17.3% | Common | 066849100 |
| — | Carolina Trust BancShares, Inc. | 373,964 | $2,969 | 0.1% | $6.10 | — | Common | 14422P105 |
| CZFS | Citizens Financial Services | 55,573 | $2,933 | 0.1% | $35.15 | +7.5% | Common | 174615104 |
| FISI | Financial Institutions, Inc. | 88,261 | $2,908 | 0.1% | $14.66 | +54.3% | Common | 317585404 |
| — | National General Holdings Corporation | 120,000 | $2,851 | 0.1% | $14.00 | — | Common | 636220303 |
| HFBL | Home Federal Bancorp, Inc. of Louisiana | 96,556 | $2,790 | 0.1% | $9.51 | +46.9% | Common | 43708L108 |
| — | SouthCrest Financial Group, Inc. | 336,236 | $2,774 | 0.1% | $5.95 | — | Common | 84129X107 |
| FCOB | 1st Colonial Bancorp | 246,695 | $2,714 | 0.1% | $5.75 | +74.4% | Common | 319716106 |
| TCBI | Texas Capital Bancshares, Inc. | 31,936 | $2,665 | 0.1% | $45.57 | +84.0% | Common | 88224Q107 |
| — | Commerce Union Bancshares, Inc. | 122,020 | $2,654 | 0.1% | $14.11 | — | Common | 200828101 |
| EFSI | Eagle Financial Services Inc. | 93,084 | $2,644 | 0.1% | $15.23 | +30.0% | Common | 26951R104 |
| — | SBT Bancorp, Inc. | 104,718 | $2,628 | 0.1% | $25.01 | — | Common | 78391C106 |
| BKOR | Oak Ridge Financial Services, Inc. | 198,102 | $2,575 | 0.1% | $7.24 | — | Common | 671768109 |
| BANC | Banc of California, Inc. | 123,204 | $2,550 | 0.1% | $9.14 | +65.9% | Common | 05990K106 |
| — | Howard Bancorp, Inc. | 136,187 | $2,547 | 0.1% | $18.10 | — | Common | 442496105 |
| — | Presidio Bank | 143,544 | $2,519 | 0.1% | $12.07 | — | Common | 74101A100 |
| — | Kentucky Bancshares, Inc. | 67,560 | $2,502 | 0.1% | $32.04 | — | Common | 491203105 |
| WASH | Washington Trust Bancorp, Inc. | 50,575 | $2,493 | 0.1% | $20.38 | +63.6% | Common | 940610108 |
| — | Independent Bank Group, Inc | 38,500 | $2,476 | 0.1% | $30.40 | — | Common | 45384B106 |
| CBKM | Consumers Bancorp, Inc. | 136,792 | $2,462 | 0.1% | $13.41 | -3.9% | Common | 210509105 |
| — | Federated National Holding Company | 138,000 | $2,405 | 0.1% | $20.26 | — | Common | 31422T101 |
| CYFL | Century Financial Corporation | 125,515 | $2,385 | 0.1% | $11.03 | +27.2% | Common | 15652L102 |
| SOMC | Southern Michigan Bancorp Inc. | 69,430 | $2,326 | 0.1% | $7.65 | +68.0% | Common | 84336P103 |
| MVLY | Mission Valley Bancorp | 218,908 | $2,281 | 0.1% | $6.22 | +60.6% | Common | 60520E104 |
| FGBI | First Guaranty Bancshares, Inc. | 92,477 | $2,238 | 0.1% | $9.61 | +41.5% | Common | 32043P106 |
| — | HCSB Financial Corporation | 22,238,470 | $2,224 | 0.1% | $0.12 | — | Common | 40413R107 |
| QNTO | Quaint Oak Bancorp | 173,000 | $2,216 | 0.1% | $9.90 | +25.0% | Common | 74732T106 |
| FNB | F.N.B. Corporation | 148,867 | $2,214 | 0.1% | $10.85 | 0.0% | Common | 302520101 |
| — | People's Bank of Commerce | 186,887 | $2,196 | 0.1% | $9.61 | — | Common | 710311101 |
| TCBK | TriCo Bancshares | 59,618 | $2,118 | 0.1% | $21.62 | +64.3% | Common | 896095106 |
| — | Bank of Santa Clarita | 159,930 | $2,116 | 0.1% | $9.29 | — | Common | 06424K100 |
| TRVR | Two Rivers Financial Group, Inc. | 89,608 | $2,061 | 0.1% | $17.18 | +11.4% | Common | 90206L106 |
| — | York Traditions Bank | 126,465 | $2,061 | 0.1% | $13.46 | — | Common | 987159100 |
| PBNK | Pinnacle Bank | 235,317 | $2,047 | 0.1% | $6.69 | +12.7% | Common | 72346K107 |
| — | Coastal Banking Co., Inc. | 118,365 | $2,036 | 0.1% | $10.90 | — | Common | 19041N100 |
| — | ESSA Bancorp, Inc. | 138,218 | $2,015 | 0.1% | $11.51 | — | Common | 29667D104 |
| — | Aquesta Financial Holdings, Inc. | 210,856 | $1,929 | 0.1% | $8.49 | — | Common | 03842L109 |
| MBCN | Middlefield Banc Corp. | 41,241 | $1,862 | 0.1% | $11.32 | +39.8% | Common | 596304204 |
| — | Community Bank | 11,050 | $1,834 | 0.1% | $165.97 | — | Common | 203507108 |
| — | HomeTown Bankshares Corporation | 187,842 | $1,822 | 0.1% | $6.43 | — | Common | 43787N108 |
| — | GrandSouth Bancorporation | 125,000 | $1,813 | 0.1% | $9.47 | — | Common | 386627301 |
| CVBF | CVB Financial Corp. | 81,975 | $1,811 | 0.1% | $16.57 | 0.0% | Common | 126600105 |
| — | Standard AVB Financial Corp. | 68,065 | $1,804 | 0.1% | $26.50 | — | Common | 85303B100 |
| — | FirstAtlantic Financial Holdings, Inc. | 140,788 | $1,781 | 0.1% | $10.17 | — | Common | 337651103 |
| — | First Colebrook Bancorp, Inc. | 81,627 | $1,775 | 0.1% | $21.21 | — | Common | 31971A107 |
| — | Community Bank of Santa Maria | 173,824 | $1,721 | 0.1% | $7.37 | — | Common | 203598107 |
| CZBC | Citizens Bancorp | 115,282 | $1,683 | 0.1% | $10.42 | +14.1% | Common | 172950107 |
| IROQ | IF Bancorp, Inc. | 84,072 | $1,673 | 0.1% | $16.71 | +18.0% | Common | 44951J105 |
| EMYB | Embassy Bancorp, Inc. | 115,052 | $1,611 | 0.1% | $11.37 | 0.0% | Common | 290791102 |
| — | Manning & Napier, Inc. | 278,603 | $1,588 | 0.1% | $12.32 | — | Common | 56382Q102 |
| SSBI | Summit State Bank | 121,443 | $1,585 | 0.1% | $6.93 | +30.0% | Common | 866264203 |
| SOME | Somerset Trust Holding Company | 33,624 | $1,557 | 0.1% | $30.38 | +10.6% | Common | 835126103 |
| AMFC | AMB Financial Corp. | 93,750 | $1,538 | 0.1% | $8.50 | +76.3% | Common | 001984103 |
| INBK | First Internet Bancorp | 52,000 | $1,534 | 0.1% | $27.26 | +12.2% | Common | 320557101 |
| — | PB Bancorp, Inc. | 150,301 | $1,533 | 0.1% | $8.65 | — | Common | 70454T100 |
| — | Bank of Napa, N.A. | 114,069 | $1,443 | 0.1% | $9.53 | — | Common | 063770101 |
| — | BNC Bancorp | 40,907 | $1,434 | 0.1% | $22.32 | — | Common | 05566T101 |
| — | Clifton Bancorp Inc. | 83,332 | $1,349 | 0.1% | $11.72 | — | Common | 186873105 |
| — | Lighthouse Bank | 74,595 | $1,320 | 0.1% | $13.21 | — | Common | 53223T106 |
| — | Middleburg Financial Corporation | 30,600 | $1,225 | 0.1% | $40.03 | — | Common | 596094102 |
| — | Professional Holding Corp. | 90,000 | $1,215 | 0.1% | $11.06 | — | Common | 743139107 |
| RCBC | River City Bank | 7,827 | $1,213 | 0.1% | $10.20 | +50.2% | Common | 76803X106 |
| — | Sevier County Bancshares, Inc. | 110,000 | $1,172 | 0.1% | $10.00 | — | Common | 81817P206 |
| — | Commencement Bank | 89,000 | $1,077 | 0.0% | $12.80 | — | Common | 20051L109 |
| CBFV | CB Financial Services, Inc. | 36,401 | $1,030 | 0.0% | $13.40 | +40.1% | Common | 12479G101 |
| DHIL | Diamond Hill Investment Group, Inc. | 5,255 | $1,022 | 0.0% | $41.91 | +180.8% | Common | 25264R207 |
| — | Salisbury Bancorp, Inc. | 26,216 | $1,016 | 0.0% | $26.30 | — | Common | 795226109 |
| — | Centerpointe Community Bank | 81,700 | $997 | 0.0% | $9.71 | — | Common | 15200G100 |
| — | Delmarva Bancshares, Inc. | 173,459 | $959 | 0.0% | $5.53 | — | Common | 247100100 |
| — | Town and Country Financial Corporation | 45,313 | $904 | 0.0% | $10.82 | — | Common | 892039108 |
| — | AJS Bancorp, Inc. | 56,668 | $859 | 0.0% | $14.66 | — | Common | 001503101 |
| — | Surrey Bancorp | 69,785 | $834 | 0.0% | $11.40 | — | Common | 86888W105 |
| — | Village Bank and Trust Financial Corp. | 29,133 | $795 | 0.0% | $17.39 | — | Common | 92705T200 |
| BAOB | Baraboo Bancorporation, Inc. | 177,642 | $728 | 0.0% | $1.75 | +91.7% | Common | 067021105 |
| PKBK | Parke Bancorp, Inc. | 33,910 | $724 | 0.0% | $5.00 | +154.7% | Common | 700885106 |
| SOBS | Solvay Bank Corporation | 16,899 | $675 | 0.0% | $19.04 | +13.7% | Common | 83441Q105 |
| — | Pacific Commerce Bancorp | 80,150 | $645 | 0.0% | $6.33 | — | Common | 69413A103 |
| GLBZ | Glen Burnie Bancorp | 48,949 | $585 | 0.0% | $7.75 | +10.9% | Common | 377407101 |
| — | Santa Cruz County Bank | 10,878 | $435 | 0.0% | $25.56 | — | Common | 801827106 |
| — | Merchants Bancshares, Inc. | 8,212 | $400 | 0.0% | $30.48 | — | Common | 588448100 |
| — | Empire Bancorp Inc. | 26,406 | $318 | 0.0% | $12.04 | — | Common | 291617108 |
| — | State Bank Corp. | 34,400 | $270 | 0.0% | $6.65 | — | Common | 856121108 |
| — | Cornerstone Financial | 93,071 | $72 | 0.0% | $2.51 | — | Common | 21925G102 |