Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q1 2019 (← Previous) (Next →)
Filing Date: May 9, 2019
Total Value: $135M (99.3% shares, 0.7% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | First Bancshares Inc MS | 273,925 | $8.464M | 6.3% | $30.90 | $16.56 | — | common | 318916103 |
| — | Select Bancorp Inc | 557,340 | $6.337M | 4.7% | $11.37 | $12.40 | — | common | 81617L108 |
| — | Pacific Premier Bancorp | 235,000 | $6.235M | 4.6% | $26.53 | $18.67 | — | common | 69478X105 |
| ABCB | Ameris Bancorp | 179,600 | $6.169M | 4.6% | $34.35 * | $36.13 | -13.9% | common | 03076K108 |
| — | SVB Financial Group | 25,800 | $5.737M | 4.2% | $222.36 | $189.92 | — | common | 78486Q101 |
| MNSB | MainStreet Bancshares Inc | 263,158 | $5.684M | 4.2% | $21.60 * | $19.38 | +3.2% | common | 56064Y100 |
| — | Grandsouth Bancorporation | 342,661 | $5.568M | 4.1% | $16.25 | $14.00 | — | common | 386627301 |
| — | Synovus Financial Corp | 149,150 | $5.125M | 3.8% | $34.36 | $34.75 | — | common | 87161C501 |
| — | Pacwest Bancorp DEL | 132,000 | $4.965M | 3.7% | $37.61 | $41.19 | — | common | 695263103 |
| FBNC | First Bancorp NC | 140,000 | $4.886M | 3.6% | $34.90 * | $24.85 | +20.1% | common | 318910106 |
| SBFG | SB Financial Group Inc. | 266,144 | $4.796M | 3.5% | $18.02 * | $17.73 | -3.2% | common | 78408D105 |
| — | Evans Bancorp Inc | 127,201 | $4.535M | 3.4% | $35.65 | $29.28 | — | common | 29911Q208 |
| FIBK | First Intst Bancsystem CL A | 103,199 | $4.109M | 3.0% | $39.82 * | $30.14 | -9.1% | common | 32055Y201 |
| — | Franklin Financial Network | 125,000 | $3.626M | 2.7% | $29.01 | $25.12 | — | common | 35352P104 |
| — | Cadence Bancorporation CL A | 194,500 | $3.608M | 2.7% | $18.55 | $17.07 | — | common | 12739A100 |
| ONB | Old Natl Bancorp IND | 220,000 | $3.608M | 2.7% | $16.40 | $12.65 | +29.6% | common | 680033107 |
| BUSE | First Busey Corp | 145,062 | $3.54M | 2.6% | $24.40 * | $14.66 | +25.2% | common | 319383204 |
| OPBK | OP Bancorp | 368,980 | $3.229M | 2.4% | $8.75 | $9.29 | -5.9% | common | 67109R109 |
| — | Bank of Commerce Holdings | 289,321 | $3.052M | 2.3% | $10.55 | $9.38 | — | common | 06424J103 |
| — | First Midwest Bancorp DEL | 146,349 | $2.994M | 2.2% | $20.46 | $19.81 | — | common | 320867104 |
| PFBC | Preferred BK Los Angeles CA | 59,900 | $2.694M | 2.0% | $44.97 | $51.06 | -11.9% | common | 740367404 |
| — | US Metro Bank | 759,573 | $2.651M | 2.0% | $3.49 | $4.20 | — | common | 90343B102 |
| HTBK | Heritage Commerce Corp | 213,000 | $2.577M | 1.9% | $12.10 * | $8.77 | +48.9% | common | 426927109 |
| — | Pioneer Bancshares, Inc. | 95,000 | $2.499M | 1.8% | $26.31 | $36.56 | — | common | 72357G102 |
| WAL | Western Alliance Bancorp | 58,400 | $2.397M | 1.8% | $41.04 * | $41.02 | -13.2% | common | 957638109 |
| — | Pacific West Bank | 152,857 | $2.216M | 1.6% | $14.50 | $15.00 | — | common | 69506W202 |
| — | Metro Phoenix Bank | 176,667 | $2.102M | 1.6% | $11.90 | $9.16 | — | common | 59165E106 |
| ORPB | Oregon Pacific Bancorp | 323,534 | $1.876M | 1.4% | $5.80 * | $4.63 | +16.2% | common | 686040205 |
| — | Bay Banks of Virginia, Inc. | 234,820 | $1.808M | 1.3% | $7.70 | $9.46 | — | common | 072035108 |
| — | First South Bancorp, Inc. | 1,597,246 | $1.805M | 1.3% | $1.13 | $0.78 | — | common | 33646D102 |
| TFIN | Triumph Bancorp Inc | 50,000 | $1.47M | 1.1% | $29.40 | $14.05 | +109.2% | common | 89679E300 |
| — | Lakeland Bancorp Inc | 97,162 | $1.451M | 1.1% | $14.93 | $14.93 | — | common | 511637100 |
| COLB | Columbia Bkg Sys Inc | 43,014 | $1.406M | 1.0% | $32.69 * | $22.91 | +3.5% | common | 197236102 |
| — | Veritex Holdings Inc | 55,300 | $1.339M | 1.0% | $24.21 | $24.21 | — | common | 923451108 |
| PMHG | Prime Meridian Holding Company | 63,375 | $1.296M | 1.0% | $20.45 * | $19.02 | -6.5% | common | 74164R107 |
| HOMB | Home Bancshares, Inc. | 70,916 | $1.246M | 0.9% | $17.57 | $23.97 | -26.7% | common | 436893200 |
| — | Severn Bancorp Annapolis MD | 127,930 | $1.212M | 0.9% | $9.47 | $8.66 | — | common | 81811M100 |
| — | Citizens Commerce Bancshares, Inc. | 193,746 | $1.162M | 0.9% | $6.00 | $0.64 | — | common | 17452P101 |
| — | Bank of Fincastle | 486,486 | $1.129M | 0.8% | $2.32 | $2.17 | — | common | 062113105 |
| — | CalWest Bancorp | 2,883,000 | $1.124M | 0.8% | $0.39 | $0.39 | — | common | 13169Q102 |
| CFR | Cullen Frost Bankers Inc | 10,000 | $971K | 0.7% | $97.10 * | $38.79 | +103.8% | common | 229899109 |
| WBS | Webster Financial Corp Conn | 15,000 | $760K | 0.6% | $50.67 | $30.92 | +63.9% | common | 947890109 |
| HOPE | Hope Bancorp Inc | 54,238 | $709K | 0.5% | $13.07 | $16.20 | -19.3% | common | 43940T109 |
| — | Homestreet Inc May 17 2019 $17.50 | 700 | $613K | 0.5% | $875.71 | — | — | Call | 43785V902 |
| BANC | Banc of California | 11,200 | $155K | 0.1% | $13.84 * | $12.84 | -6.7% | common | 05990K106 |
| — | Cadence Bancorporation CL A, Jun 21 2018 $17.50 | 450 | $97,000 | 0.1% | $215.56 | — | — | Call | 12739A900 |
| — | Western Alliance Bancorp May 17 2019 35 | 120 | $80,000 | 0.1% | $666.67 | — | — | Call | 957638909 |
| — | Ameris Bancorp Jul 19 2019 35 | 301 | $62,000 | 0.0% | $205.98 | — | — | Call | 03076K908 |
| TCBI | Texas Capital Bancshares Inc | 1,000 | $55,000 | 0.0% | $55.00 | $63.07 | -13.4% | common | 88224Q107 |
| — | Banc of California Inc Apr 18 2019 16 | 5,530 | $41,000 | 0.0% | $7.41 | — | — | Call | 05990K906 |
| — | Synovus Financial Corp Aug 16 2019 38 | 210 | $17,000 | 0.0% | $80.95 | — | — | Call | 87161C901 |
| — | Invesco Exchange Traded Sr Ln ETF Apr 18 2019 22 | 2,450 | $6,000 | 0.0% | $2.45 | — | — | Put | 46138G958 |
| — | Lakeland Bancorp Inc Apr 18 2019 17.50 | 140 | $4,000 | 0.0% | $28.57 | — | — | Call | 511637900 |