Location: Walnut Creek, CA
CIK: 0001444055 · Show all filings
Period: Q2 2019 (← Previous) (Next →)
Filing Date: Aug 12, 2019
Total Value: $148M (99.7% shares, 0.3% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| — | SVB Financial Group | 41,400 | $9.298M | 6.3% | $224.59 | $202.99 | — | common | 78486Q101 |
| — | First Bancshares Inc MS | 268,000 | $8.131M | 5.5% | $30.34 | $16.56 | — | common | 318916103 |
| ABCB | Ameris Bancorp | 187,100 | $7.332M | 5.0% | $39.19 * | $36.01 | -1.1% | common | 03076K108 |
| — | Pacific Premier Bancorp | 235,000 | $7.257M | 4.9% | $30.88 | $18.67 | — | common | 69478X105 |
| MNSB | MainStreet Bancshares Inc | 263,158 | $5.997M | 4.1% | $22.79 * | $19.38 | +8.9% | common | 56064Y100 |
| — | Synovus Financial Corp | 154,250 | $5.399M | 3.6% | $35.00 | $34.76 | — | common | 87161C501 |
| — | Grandsouth Bancorporation | 339,346 | $5.328M | 3.6% | $15.70 | $14.00 | — | common | 386627301 |
| BANC | Banc of California | 379,300 | $5.299M | 3.6% | $13.97 * | $12.25 | -0.9% | common | 05990K106 |
| — | Pacwest Bancorp DEL | 132,000 | $5.126M | 3.5% | $38.83 | $41.19 | — | common | 695263103 |
| FBNC | First Bancorp NC | 140,000 | $5.099M | 3.4% | $36.42 * | $24.85 | +26.2% | common | 318910106 |
| — | Cadence Bancorporation CL A | 237,500 | $4.94M | 3.3% | $20.80 | $17.74 | — | common | 12739A100 |
| — | Select Bancorp Inc | 426,300 | $4.877M | 3.3% | $11.44 | $12.40 | — | common | 81617L108 |
| — | Evans Bancorp Inc | 122,201 | $4.611M | 3.1% | $37.73 | $29.28 | — | common | 29911Q208 |
| FIBK | First Intst Bancsystem CL A | 103,199 | $4.088M | 2.8% | $39.61 * | $30.14 | -8.9% | common | 32055Y201 |
| UBAB | United Bancorporation Ala CL A | 200,000 | $4.07M | 2.7% | $20.35 * | $18.45 | 0.0% | common | 90944R100 |
| BUSE | First Busey Corp | 145,062 | $3.831M | 2.6% | $26.41 * | $14.66 | +36.6% | common | 319383204 |
| ONB | Old Natl Bancorp IND | 220,000 | $3.65M | 2.5% | $16.59 | $12.65 | +31.1% | common | 680033107 |
| OPBK | OP Bancorp | 336,080 | $3.643M | 2.5% | $10.84 | $9.29 | +16.6% | common | 67109R109 |
| — | Franklin Financial Network | 125,000 | $3.483M | 2.4% | $27.86 | $25.12 | — | common | 35352P104 |
| SBFG | SB Financial Group Inc. | 207,144 | $3.41M | 2.3% | $16.46 * | $17.73 | -11.6% | common | 78408D105 |
| WAL | Western Alliance Bancorp | 70,400 | $3.148M | 2.1% | $44.72 * | $40.64 | -4.5% | common | 957638109 |
| — | Bank of Commerce Holdings | 289,321 | $3.093M | 2.1% | $10.69 | $9.38 | — | common | 06424J103 |
| — | First Midwest Bancorp DEL | 146,349 | $2.996M | 2.0% | $20.47 | $19.81 | — | common | 320867104 |
| — | US Metro Bank | 759,573 | $2.757M | 1.9% | $3.63 | $4.20 | — | common | 90343B102 |
| — | Pioneer Bancshares, Inc. | 95,000 | $2.541M | 1.7% | $26.75 | $36.56 | — | common | 72357G102 |
| HTBK | Heritage Commerce Corp | 205,000 | $2.511M | 1.7% | $12.25 | $8.77 | +40.2% | common | 426927109 |
| — | Metro Phoenix Bank | 176,667 | $2.27M | 1.5% | $12.85 | $9.16 | — | common | 59165E106 |
| — | Pacific West Bank | 152,857 | $2.239M | 1.5% | $14.65 | $15.00 | — | common | 69506W202 |
| ORPB | Oregon Pacific Bancorp | 323,534 | $1.864M | 1.3% | $5.76 | $4.63 | +25.8% | common | 686040205 |
| — | McHenry Bancorp, Inc. | 15,000,000 | $1.665M | 1.1% | $0.11 | $0.11 | — | common | 580683100 |
| COLB | Columbia Bkg Sys Inc | 43,014 | $1.556M | 1.1% | $36.17 * | $22.91 | +15.9% | common | 197236102 |
| — | Cecil Bancorp, Inc. | 367,500 | $1.47M | 1.0% | $4.00 | $4.00 | — | common | 149841306 |
| TFIN | Triumph Bancorp Inc | 50,000 | $1.453M | 1.0% | $29.06 | $14.05 | +106.8% | common | 89679E300 |
| — | Veritex Holdings Inc | 55,300 | $1.435M | 1.0% | $25.95 | $24.21 | — | common | 923451108 |
| — | Lakeland Bancorp Inc | 87,162 | $1.408M | 1.0% | $16.15 | $14.93 | — | common | 511637100 |
| HOMB | Home Bancshares, Inc. | 70,916 | $1.366M | 0.9% | $19.26 | $23.97 | -19.6% | common | 436893200 |
| PMHG | Prime Meridian Holding Company | 63,375 | $1.299M | 0.9% | $20.50 * | $19.02 | +0.0% | common | 74164R107 |
| — | Citizens Commerce Bancshares, Inc. | 193,746 | $1.216M | 0.8% | $6.28 | $0.64 | — | common | 17452P101 |
| — | Bank of Fincastle | 486,486 | $1.216M | 0.8% | $2.50 | $2.17 | — | common | 062113105 |
| — | CalWest Bancorp | 2,883,000 | $1.142M | 0.8% | $0.40 | $0.39 | — | common | 13169Q102 |
| — | Severn Bancorp Annapolis MD | 127,930 | $1.112M | 0.8% | $8.69 | $8.66 | — | common | 81811M100 |
| CFR | Cullen Frost Bankers Inc | 10,000 | $937K | 0.6% | $93.70 * | $38.79 | +98.1% | common | 229899109 |
| HOPE | Hope Bancorp Inc | 54,238 | $747K | 0.5% | $13.77 | $16.20 | -14.9% | common | 43940T109 |
| WBS | Webster Financial Corp Conn | 15,000 | $717K | 0.5% | $47.80 | $30.92 | +54.5% | common | 947890109 |
| PFBC | Preferred BK Los Angeles CA | 11,000 | $520K | 0.4% | $47.27 | $51.06 | -7.5% | common | 740367404 |
| — | Ameris Bancorp Jul 19 2019 35 | 481 | $213K | 0.1% | $442.83 | — | — | Call | 03076K908 |
| — | Western Alliance Bancorp Dec 20 2019 35 | 70 | $74,000 | 0.0% | $1057.14 | — | — | Call | 957638909 |
| TCBI | Texas Capital Bancshares Inc | 1,000 | $61,000 | 0.0% | $61.00 | $63.07 | -2.7% | common | 88224Q107 |
| — | Cadence Bancorporation CL A, Dec 20 2019 17.50 | 120 | $47,000 | 0.0% | $391.67 | — | — | Call | 12739A900 |
| — | Synovus Financial Corp Aug 16 2019 38 | 332 | $42,000 | 0.0% | $126.51 | — | — | Call | 87161C901 |
| — | First Midwest Bancorp DEL Nov 15 2019 17.50 | 80 | $27,000 | 0.0% | $337.50 | — | — | Call | 320867904 |
| — | Banc of California Inc Jul 19 2019 17 | 1,600 | $24,000 | 0.0% | $15.00 | — | — | Call | 05990K906 |
| — | Ishares Trust IBOXX HI YD ETF Sep 20 2019 82 | 805 | $21,000 | 0.0% | $26.09 | — | — | Put | 464288953 |
| — | Invesco Exchange Traded Sr Ln ETF Jul 19 2019 22 | 2,700 | $10,000 | 0.0% | $3.70 | — | — | Put | 46138G958 |