Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q4 2018 (← Previous) (Next →)
Filing Date: Feb 13, 2019
Total Value: $138M (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 | $8.286M | 6.0% | $30.25 | $16.56 | — | common | 318916103 |
| — | Select Bancorp Inc | 557,340 | $6.9M | 5.0% | $12.38 | $12.40 | — | common | 81617L108 |
| — | Pacific Premier Bancorp | 260,000 | $6.635M | 4.8% | $25.52 | $18.67 | — | common | 69478X105 |
| — | Grandsouth Bancorporation | 342,661 | $5.508M | 4.0% | $16.07 | $14.00 | — | common | 386627301 |
| — | First Midwest Bancorp DEL | 267,349 | $5.296M | 3.8% | $19.81 | $19.81 | — | common | 320867104 |
| — | Bay Banks of Virginia, Inc. | 696,683 | $5.121M | 3.7% | $7.35 | $9.46 | — | common | 072035108 |
| — | Evans Bancorp Inc | 152,958 | $4.973M | 3.6% | $32.51 | $29.28 | — | common | 29911Q208 |
| — | SVB Financial Group | 25,800 | $4.9M | 3.6% | $189.92 | $189.92 | — | common | 78486Q101 |
| — | Franklin Financial Network | 180,000 | $4.747M | 3.5% | $26.37 | $25.12 | — | common | 35352P104 |
| SBFG | SB Financial Group Inc. | 286,944 | $4.72M | 3.4% | $16.45 * | $17.73 | -11.6% | common | 78408D105 |
| ABCB | Ameris Bancorp | 145,600 | $4.611M | 3.4% | $31.67 * | $36.72 | -22.1% | common | 03076K108 |
| FBNC | First Bancorp NC | 140,000 | $4.572M | 3.3% | $32.66 * | $24.85 | +12.4% | common | 318910106 |
| MNSB | MainStreet Bancshares Inc | 263,158 | $4.489M | 3.3% | $17.06 * | $19.38 | -18.5% | common | 56064Y100 |
| — | Pacwest Bancorp DEL | 132,000 | $4.393M | 3.2% | $33.28 | $41.19 | — | common | 695263103 |
| FIBK | First Intst Bancsystem CL A | 103,199 | $3.773M | 2.7% | $36.56 * | $30.14 | -17.2% | common | 32055Y201 |
| BUSE | First Busey Corp | 145,062 | $3.56M | 2.6% | $24.54 * | $14.66 | +24.9% | common | 319383204 |
| ONB | Old Natl Bancorp IND | 220,000 | $3.388M | 2.5% | $15.40 | $12.65 | +21.7% | common | 680033107 |
| — | Sandy Spring Bancorp Inc. | 105,861 | $3.318M | 2.4% | $31.34 | $38.78 | — | common | 800363103 |
| OPBK | OP Bancorp | 368,980 | $3.273M | 2.4% | $8.87 | $9.29 | -4.6% | common | 67109R109 |
| — | Bank of Commerce Holdings | 289,321 | $3.171M | 2.3% | $10.96 | $9.38 | — | common | 06424J103 |
| — | Cadence Bancorporation CL A | 163,000 | $2.735M | 2.0% | $16.78 | $16.78 | — | common | 12739A100 |
| — | US Metro Bank | 759,573 | $2.681M | 1.9% | $3.53 | $4.20 | — | common | 90343B102 |
| PFBC | Preferred BK Los Angeles CA | 59,900 | $2.597M | 1.9% | $43.36 | $51.06 | -15.1% | common | 740367404 |
| — | Pioneer Bancshares, Inc. | 95,000 | $2.56M | 1.9% | $26.95 | $36.56 | — | common | 72357G102 |
| HTBK | Heritage Commerce Corp | 205,000 | $2.325M | 1.7% | $11.34 * | $8.61 | +61.2% | common | 426927109 |
| WAL | Western Alliance Bancorp | 58,400 | $2.306M | 1.7% | $39.49 * | $41.02 | -16.5% | common | 957638109 |
| — | Pacific West Bank | 152,857 | $2.293M | 1.7% | $15.00 | $15.00 | — | common | 69506W202 |
| — | Metro Phoenix Bank | 166,667 | $1.967M | 1.4% | $11.80 | $9.00 | — | common | 59165E106 |
| CFR | Cullen Frost Bankers Inc | 20,000 | $1.759M | 1.3% | $87.95 * | $38.79 | +83.4% | common | 229899109 |
| COLB | Columbia Bkg Sys Inc | 46,514 | $1.688M | 1.2% | $36.29 * | $22.91 | +13.6% | common | 197236102 |
| — | FCB Financial Holdings Inc CL A | 50,000 | $1.679M | 1.2% | $33.58 | $32.62 | — | common | 30255G103 |
| ORPB | Oregon Pacific Bancorp | 323,534 | $1.537M | 1.1% | $4.75 * | $4.63 | +28.7% | common | 686040205 |
| HOMB | Home Bancshares, Inc. | 90,916 | $1.486M | 1.1% | $16.34 | $23.97 | -31.8% | common | 436893200 |
| TFIN | Triumph Bancorp Inc | 50,000 | $1.485M | 1.1% | $29.70 | $14.05 | +111.4% | common | 89679E300 |
| — | Highlands Bancorp, Inc. | 95,727 | $1.441M | 1.0% | $15.05 | $12.95 | — | common | 430887109 |
| — | First South Bancorp, Inc. | 1,597,246 | $1.437M | 1.0% | $0.90 | $0.78 | — | common | 33646D102 |
| VABK | Virginia National Bankshares | 38,231 | $1.319M | 1.0% | $34.50 | $39.28 | -12.1% | common | 928031103 |
| — | Citizens Commerce Bancshares, Inc. | 193,746 | $1.298M | 0.9% | $6.70 | $0.64 | — | common | 17452P101 |
| — | Bank of Fincastle | 486,486 | $1.216M | 0.9% | $2.50 | $2.17 | — | common | 062113105 |
| PMHG | Prime Meridian Holding Company | 63,375 | $1.203M | 0.9% | $18.98 * | $19.02 | -3.4% | common | 74164R107 |
| — | Green Bancorp Inc | 70,000 | $1.2M | 0.9% | $17.14 | $9.62 | — | common | 39260X100 |
| — | Severn Bancorp Annapolis MD | 127,930 | $1.021M | 0.7% | $7.98 | $8.66 | — | common | 81811M100 |
| — | CalWest Bancorp | 3,518,105 | $950K | 0.7% | $0.27 | $0.39 | — | common | 13169Q102 |
| WBS | Webster Financial Corp Conn | 15,000 | $739K | 0.5% | $49.27 | $30.92 | +59.4% | common | 947890109 |
| HOPE | Hope Bancorp Inc | 54,238 | $643K | 0.5% | $11.86 | $16.20 | -26.8% | common | 43940T109 |
| — | Synovus Financial Corp | 5,100 | $163K | 0.1% | $31.96 | $45.78 | — | common | 87161C501 |
| — | Banc of California Inc April 18 2019 16 | 5,530 | $135K | 0.1% | $24.41 | — | — | Call | 05990K906 |
| TCBI | Texas Capital Bancshares Inc | 1,000 | $51,000 | 0.0% | $51.00 | $63.07 | -19.0% | common | 88224Q107 |
| — | Synovus Financial Corp Feb 15 2019 50 | 133 | $5,000 | 0.0% | $37.59 | — | — | Call | 87161C901 |
| — | Lakeland Bancorp Inc April 18 2019 17.50 | 140 | $4,000 | 0.0% | $28.57 | — | — | Call | 511637900 |
| — | Home Bancshares, Inc. March 15 2019 22.50 | 120 | $2,000 | 0.0% | $16.67 | — | — | Call | 436893900 |