Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q3 2018 (← Previous) (Next →)
Filing Date: Oct 30, 2018
Total Value: $157M (99.9% shares, 0.1% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | First Bancshares Inc MS | 273,925 | $10.7M | 6.8% | $39.05 | $16.56 | — | common | 318916103 |
| — | Pacific Premier Bancorp | 245,000 | $9.114M | 5.8% | $37.20 | $18.25 | — | common | 69478X105 |
| — | Northern States Financial Corp | 8,765,000 | $8.414M | 5.4% | $0.96 | $0.77 | — | common | 665751103 |
| — | Franklin Financial Network | 198,000 | $7.742M | 4.9% | $39.10 | $25.12 | — | common | 35352P104 |
| — | Evans Bancorp Inc | 149,440 | $7.016M | 4.5% | $46.95 | $29.21 | — | common | 29911Q208 |
| — | Sandy Spring Bancorp Inc. | 176,236 | $6.928M | 4.4% | $39.31 | $38.78 | — | common | 800363103 |
| — | Grandsouth Bancorporation | 342,661 | $6.468M | 4.1% | $18.88 | $14.00 | — | common | 386627301 |
| — | Bay Banks of Virginia, Inc. | 650,407 | $6.146M | 3.9% | $9.45 | $9.61 | — | common | 072035108 |
| — | Select Bancorp Inc | 487,500 | $6.045M | 3.9% | $12.40 | $12.40 | — | common | 81617L108 |
| FBNC | First Bancorp NC | 140,000 | $5.671M | 3.6% | $40.51 * | $24.85 | +39.0% | common | 318910106 |
| MNSB | MainStreet Bancshares Inc | 263,158 | $5.513M | 3.5% | $20.95 * | $19.38 | +0.1% | common | 56064Y100 |
| SBFG | SB Financial Group Inc. | 232,570 | $4.733M | 3.0% | $20.35 * | $17.81 | +8.8% | common | 78408D105 |
| FIBK | First Intst Bancsystem CL A | 103,199 | $4.623M | 2.9% | $44.80 * | $30.14 | +0.8% | common | 32055Y201 |
| BUSE | First Busey Corp | 145,062 | $4.504M | 2.9% | $31.05 * | $14.66 | +57.0% | common | 319383204 |
| ONB | Old Natl Bancorp IND | 220,000 | $4.246M | 2.7% | $19.30 | $12.65 | +52.5% | common | 680033107 |
| HOMB | Home Bancshares, Inc. | 193,000 | $4.227M | 2.7% | $21.90 | $23.97 | -8.6% | common | 436893200 |
| OPBK | OP Bancorp | 338,980 | $3.932M | 2.5% | $11.60 | $9.24 | +25.6% | common | 67109R109 |
| — | Bank of Commerce Holdings | 269,593 | $3.289M | 2.1% | $12.20 | $9.26 | — | common | 06424J103 |
| — | US Metro Bank | 759,273 | $3.159M | 2.0% | $4.16 | $4.20 | — | common | 90343B102 |
| HTBK | Heritage Commerce Corp | 205,000 | $3.059M | 1.9% | $14.92 * | $8.61 | +83.9% | common | 426927109 |
| — | Pioneer Bancshares, Inc. | 95,000 | $2.957M | 1.9% | $31.13 | $36.56 | — | common | 72357G102 |
| — | Pacwest Bancorp DEL | 61,000 | $2.907M | 1.9% | $47.66 | $50.39 | — | common | 695263103 |
| — | FCB Financial Holdings Inc CL A | 50,000 | $2.37M | 1.5% | $47.40 | $32.62 | — | common | 30255G103 |
| VABK | Virginia National Bankshares | 48,161 | $2.218M | 1.4% | $46.05 | $39.28 | +17.2% | common | 928031103 |
| — | Metro Phoenix Bank | 166,667 | $2.15M | 1.4% | $12.90 | $9.00 | — | common | 59165E106 |
| CFR | Cullen Frost Bankers Inc | 20,000 | $2.089M | 1.3% | $104.45 * | $38.79 | +116.4% | common | 229899109 |
| ORPB | Oregon Pacific Bancorp | 323,534 | $2.088M | 1.3% | $6.45 | $4.63 | +37.6% | common | 686040205 |
| — | Bank of the Ozarks Inc | 52,200 | $1.982M | 1.3% | $37.97 | $45.22 | — | common | 063904106 |
| — | Highlands Bancorp, Inc. | 107,527 | $1.962M | 1.2% | $18.25 | $12.95 | — | common | 430887109 |
| TFIN | Triumph Bancorp Inc | 50,000 | $1.91M | 1.2% | $38.20 | $14.05 | +171.9% | common | 89679E300 |
| AX | Axos Financial Inc. | 54,980 | $1.891M | 1.2% | $34.39 | $38.41 | -10.5% | common | 05465C100 |
| — | First South Bancorp, Inc. | 1,597,246 | $1.677M | 1.1% | $1.05 | $0.78 | — | common | 33646D102 |
| — | Green Bancorp Inc | 70,000 | $1.547M | 1.0% | $22.10 | $9.62 | — | common | 39260X100 |
| — | Synovus Financial Corp | 32,000 | $1.465M | 0.9% | $45.78 | $45.78 | — | common | 87161C501 |
| — | Citizens Commerce Bancshares, Inc. | 1,937,456 | $1.453M | 0.9% | $0.75 | $0.64 | — | common | 17452P101 |
| PMHG | Prime Meridian Holding Company | 63,375 | $1.445M | 0.9% | $22.80 * | $19.02 | +8.2% | common | 74164R107 |
| — | CalWest Bancorp | 3,518,105 | $1.427M | 0.9% | $0.41 | $0.39 | — | common | 13169Q102 |
| — | Capital Commerce Bancorp, Inc. | 289,000 | $1.36M | 0.9% | $4.71 | $3.88 | — | common | 14005T102 |
| — | Bank of Fincastle | 486,486 | $1.292M | 0.8% | $2.66 | $2.17 | — | common | 062113105 |
| — | Severn Bancorp Annapolis MD | 119,082 | $1.167M | 0.7% | $9.80 | $8.71 | — | common | 81811M100 |
| WBS | Webster Financial Corp Conn | 15,000 | $884K | 0.6% | $58.93 | $30.92 | +90.7% | common | 947890109 |
| HOPE | Hope Bancorp Inc | 54,238 | $877K | 0.6% | $16.17 | $16.20 | -0.2% | common | 43940T109 |
| COLB | Columbia Bkg Sys Inc | 20,000 | $775K | 0.5% | $38.75 * | $17.83 | +54.3% | common | 197236102 |
| WTBFB | W.T.B Financial Corporation | 2,000 | $764K | 0.5% | $382.00 | $281.24 | +36.1% | common | 929334209 |
| — | Luther Burbank Corp | 51,112 | $556K | 0.4% | $10.88 | $10.88 | — | common | 550550107 |
| BANC | Banc of California Inc January 18 2019 22 | 3,110 | $143K | 0.1% | $45.98 | — | — | Call | 05990K106 |
| — | SPDR S&P 500 ETF TR Nov 16 2018 277 | 300 | $42,000 | 0.0% | $140.00 | — | — | Put | 78462F953 |
| — | Lakeland Bancorp Inc April 18 2019 17.50 | 130 | $24,000 | 0.0% | $184.62 | — | — | Call | 511637900 |
| — | Synovus Financial Corp Feb 15 2019 50 | 133 | $11,000 | 0.0% | $82.71 | — | — | Call | 87161C901 |
| — | Home Bancshares, Inc. March 15 2019 22.50 | 80 | $10,000 | 0.0% | $125.00 | — | — | Call | 436893900 |