CIK: 0001599170 · Show all filings
Period: Q4 2021 (← Previous) (Next →)
Filing Date: Feb 11, 2022
Total Value ($000): $1,201,260 (99.2% shares, 0.8% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | LAKELAND BANCORP INC | 3,138,000 | $59,591 | 5.0% | $17.53 | — | COM | 511637100 |
| — | VERITEX HLDGS INC | 1,449,000 | $57,658 | 4.8% | $22.01 | — | COM | 923451108 |
| EBC | EASTERN BANKSHARES INC | 2,799,000 | $56,457 | 4.7% | $13.00 | +42.3% | COM | 27627N105 |
| — | CBTX INC | 1,305,000 | $37,856 | 3.2% | $29.42 | — | COM | 12481V104 |
| SFST | SOUTHERN FIRST BANCSHARES | 600,000 | $37,512 | 3.1% | $46.63 | +26.1% | COM | 842873101 |
| — | BROOKLINE BANCORP INC DEL | 2,245,000 | $36,353 | 3.0% | $13.21 | — | COM | 11373M107 |
| BANC | BANC OF CALIFORNIA INC | 1,826,000 | $35,835 | 3.0% | $14.47 | +26.5% | COM | 05990K106 |
| IBCP | INDEPENDENT BK CORP MICH | 1,500,000 | $35,800 | 3.0% | $13.38 | +44.9% | COM NEW | 453838609 |
| EQBK | EQUITY BANCSHARES INC | 1,053,000 | $35,731 | 3.0% | $28.00 | +13.5% | COM CL A | 29460X109 |
| — | PACWEST BANCORP DEL | 772,000 | $34,869 | 2.9% | $41.66 | — | COM | 695263103 |
| MSBI | MIDLAND STS BANCORP INC ILL | 1,394,000 | $34,558 | 2.9% | $19.90 | -0.5% | COM | 597742105 |
| OSBC | OLD SECOND BANCORP INC ILL | 2,625,000 | $33,045 | 2.8% | $10.66 | +15.9% | COM | 680277100 |
| SHBI | SHORE BANCSHARES INC | 1,524,000 | $31,776 | 2.6% | $16.25 | +18.8% | COM | 825107105 |
| HTB | HOMETRUST BANCSHARES INC | 1,017,000 | $31,519 | 2.6% | $25.68 | +18.0% | COM | 437872104 |
| RBB | RBB BANCORP | 1,180,000 | $30,917 | 2.6% | $22.78 | +12.2% | COM | 74930B105 |
| HBCP | HOME BANCORP INC | 634,000 | $26,335 | 2.2% | $21.33 | +73.1% | COM | 43689E107 |
| PBFS | PIONEER BANCORP INC MD | 2,013,000 | $22,790 | 1.9% | $12.62 | -1.9% | COM | 723561106 |
| QCRH | QCR HOLDINGS INC | 387,000 | $21,665 | 1.8% | $49.44 | +9.5% | COM | 74727A104 |
| — | EVANS BANCORP INC | 533,000 | $21,476 | 1.8% | $35.75 | — | COM NEW | 29911Q208 |
| PGC | PEAPACK-GLADSTONE FINL CORP | 598,000 | $21,152 | 1.8% | $30.53 | +9.0% | COM | 704699107 |
| — | CAMBRIDGE BANCORP | 215,000 | $20,123 | 1.7% | $70.06 | — | COM | 132152109 |
| HTBK | HERITAGE COMM CORP | 1,600,000 | $19,108 | 1.6% | $11.00 | +6.1% | COM | 426927109 |
| MPB | MID PENN BANCORP INC | 592,000 | $18,779 | 1.6% | $23.58 | +10.0% | COM | 59540G107 |
| SMBC | SOUTHERN MO BANCORP INC | 351,000 | $18,328 | 1.5% | $22.36 | +115.7% | COM | 843380106 |
| — | ESSA BANCORP INC | 1,002,000 | $17,368 | 1.4% | $15.89 | — | COM | 29667D104 |
| RVSB | RIVERVIEW BANCORP INC | 2,174,000 | $16,715 | 1.4% | $6.24 | +7.4% | COM | 769397100 |
| CHMG | CHEMUNG FINL CORP | 353,000 | $16,393 | 1.4% | $38.02 | +7.9% | COM | 164024101 |
| MCB | METROPOLITAN BK HLDG CORP | 152,000 | $16,181 | 1.3% | $72.36 | +30.6% | COM | 591774104 |
| UVSP | UNIVEST FINANCIAL CORPORATIO | 535,000 | $16,006 | 1.3% | $20.09 | +44.8% | COM | 915271100 |
| BPOP | POPULAR INC | 190,000 | $15,584 | 1.3% | $71.65 | 0.0% | COM NEW | 733174700 |
| — | STERLING BANCORP INC | 2,647,000 | $15,220 | 1.3% | $5.20 | — | COM | 85917W102 |
| — | AMERICAN NATL BANKSHARES INC | 402,000 | $15,133 | 1.3% | $34.69 | — | COM | 027745108 |
| — | GUARANTY FED BANCSHARES INC | 430,000 | $13,978 | 1.2% | $15.47 | — | COM | 40108P101 |
| — | RANDOLPH BANCORP INC | 542,000 | $13,162 | 1.1% | $20.92 | — | COM | 752378109 |
| CZWI | CITIZENS CMNTY BANCORP INC M | 952,000 | $13,103 | 1.1% | $10.58 | +18.2% | COM | 174903104 |
| — | PREMIER FINANCIAL CORP | 409,000 | $12,641 | 1.1% | $17.20 | — | COM | 74052F108 |
| — | OLD POINT FINL CORP | 512,000 | $11,968 | 1.0% | $25.66 | — | COM | 680194107 |
| GSBC | GREAT SOUTHN BANCORP INC | 192,000 | $11,383 | 0.9% | $44.35 | +29.7% | COM | 390905107 |
| WTFC | WINTRUST FINL CORP | 125,000 | $11,328 | 0.9% | $78.14 | +14.2% | COM | 97650W108 |
| MYFW | FIRST WESTN FINL INC | 369,000 | $11,211 | 0.9% | $16.00 | +87.0% | COM | 33751L105 |
| AUB | ATLANTIC UN BANKSHARES CORP | 298,000 | $11,095 | 0.9% | $30.86 | 0.0% | COM | 04911A107 |
| ONB | OLD NATL BANCORP IND | 560,000 | $10,153 | 0.8% | $17.79 | 0.0% | COM | 680033107 |
| BSVN | BANK7 CORP | 438,000 | $10,069 | 0.8% | $14.91 | +44.9% | COM | 06652N107 |
| — | SALISBURY BANCORP INC | 183,000 | $10,055 | 0.8% | $50.98 | — | COM | 795226109 |
| SFBC | SOUND FINL BANCORP INC | 218,000 | $9,610 | 0.8% | $29.17 | +37.0% | COM | 83607A100 |
| — | BANKFINANCIAL CORP | 868,000 | $9,262 | 0.8% | $11.44 | — | COM | 06643P104 |
| KRE | SPDR SER TR | 37,000 | $9,083 | 0.8% | — | — | Put | 78464A698 |
| FSFG | FIRST SVGS FINL GROUP INC | 339,000 | $8,939 | 0.7% | $18.11 | +33.6% | COM | 33621E109 |
| NBHC | NATIONAL BK HLDGS CORP | 162,000 | $7,122 | 0.6% | $19.22 | +102.0% | CL A | 633707104 |
| — | HMN FINL INC | 286,000 | $7,061 | 0.6% | $14.84 | — | COM | 40424G108 |
| — | PROFESSIONAL HLDG CORP | 305,000 | $5,848 | 0.5% | $12.63 | — | CL A COM | 743139107 |
| FFIC | FLUSHING FINL CORP | 229,000 | $5,553 | 0.5% | $17.64 | +6.9% | COM | 343873105 |
| UBFO | UNITED SEC BANCSHARES CALIF | 615,000 | $4,994 | 0.4% | $6.14 | +1.0% | COM | 911460103 |
| FMNB | FARMERS NATIONAL BANC CORP | 255,000 | $4,734 | 0.4% | $14.12 | +2.1% | COM | 309627107 |
| — | LIMESTONE BANCORP INC | 248,000 | $4,620 | 0.4% | $15.32 | — | COM | 53262L105 |
| HFBL | HOME FED BANCORP INC LA NEW | 223,000 | $4,480 | 0.4% | $12.76 | +52.7% | COM | 43708L108 |
| CIVB | CIVISTA BANCSHARES INC | 178,000 | $4,332 | 0.4% | $18.00 | +18.7% | COM NO PAR | 178867107 |
| HGTY | HAGERTY INC | 300,000 | $4,219 | 0.4% | $11.84 | 0.0% | CL A COM | 405166109 |
| BCML | BAYCOM CORP | 208,000 | $3,908 | 0.3% | $17.80 | -2.9% | COM | 07272M107 |
| — | CRYPTO 1 ACQUISITION CORP | 300,000 | $3,030 | 0.3% | $10.10 | — | UNIT 04/30/2028 | G3168A128 |
| AFBI | AFFINITY BANCSHARES INC | 188,000 | $2,899 | 0.2% | $10.40 | +30.1% | COM | 00832E103 |
| CCB | COASTAL FINL CORP WA | 50,000 | $2,531 | 0.2% | $15.95 | +159.7% | COM NEW | 19046P209 |
| — | FIRST MIDWEST BANCORP DEL | 121,000 | $2,478 | 0.2% | $19.79 | — | COM | 320867104 |
| — | CAPSTAR FINL HLDGS INC | 101,000 | $2,114 | 0.2% | $20.93 | — | COM | 14070T102 |
| WBS | WEBSTER FINL CORP CONN | 37,000 | $2,054 | 0.2% | $56.30 | 0.0% | COM | 947890109 |
| NMRK | NEWMARK GROUP INC | 102,000 | $1,914 | 0.2% | $15.24 | 0.0% | CL A | 65158N102 |
| HWBK | HAWTHORN BANCSHARES INC | 66,000 | $1,724 | 0.1% | $21.08 | +6.6% | COM | 420476103 |
| FIS | FIDELITY NATL INFORMATION SV | 15,000 | $1,644 | 0.1% | $102.06 | 0.0% | COM | 31620M106 |
| AFG | AMERICAN FINL GROUP INC OHIO | 11,000 | $1,575 | 0.1% | $97.80 | 0.0% | COM | 025932104 |
| LEN | LENNAR CORP | 13,000 | $1,529 | 0.1% | $93.82 | +2.4% | CL A | 526057104 |
| ALIT | ALIGHT INC | 140,000 | $1,509 | 0.1% | $10.36 | 0.0% | COM CL A | 01626W101 |
| ABR | ARBOR REALTY TRUST INC | 81,000 | $1,481 | 0.1% | $18.28 | — | COM | 038923108 |
| PYPL | PAYPAL HLDGS INC | 7,000 | $1,396 | 0.1% | $215.88 | 0.0% | COM | 70450Y103 |
| TLS | TELOS CORP MD | 90,000 | $1,395 | 0.1% | $21.29 | 0.0% | COM | 87969B101 |
| TRIN | TRINITY CAP INC | 79,000 | $1,391 | 0.1% | $7.81 | +12.8% | COM | 896442308 |
| PFSI | PENNYMAC FINL SVCS INC NEW | 19,000 | $1,355 | 0.1% | $60.02 | +4.2% | COM | 70932M107 |
| SBNY | SIGNATURE BK NEW YORK N Y | 4,000 | $1,330 | 0.1% | $226.53 | — | COM | 82669G104 |
| GCMG | GCM GROSVENOR INC | 125,000 | $1,314 | 0.1% | $9.25 | 0.0% | COM CL A | 36831E108 |
| RWT | REDWOOD TR INC | 99,000 | $1,309 | 0.1% | $9.23 | — | COM | 758075402 |
| PNNT | PENNANTPARK INVT CORP | 186,000 | $1,289 | 0.1% | $3.74 | +6.5% | COM | 708062104 |
| — | COMMUNITY WEST BANCSHARES | 93,000 | $1,252 | 0.1% | $12.87 | — | COM | 204157101 |
| MHO | M/I HOMES INC | 20,000 | $1,238 | 0.1% | $61.24 | -2.4% | COM | 55305B101 |
| AJG | GALLAGHER ARTHUR J & CO | 7,000 | $1,221 | 0.1% | $156.75 | 0.0% | COM | 363576109 |
| STWD | STARWOOD PPTY TR INC | 49,000 | $1,199 | 0.1% | $24.47 | — | COM | 85571B105 |
| FHI | FEDERATED HERMES INC | 31,000 | $1,182 | 0.1% | $29.32 | 0.0% | CL B | 314211103 |
| JPM | JPMORGAN CHASE & CO | 7,000 | $1,175 | 0.1% | $147.83 | 0.0% | COM | 46625H100 |
| FBRT | FRANKLIN BSP RLTY TR INC | 78,000 | $1,172 | 0.1% | $15.03 | — | COMMON STOCK | 35243J101 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 36,000 | $1,169 | 0.1% | $32.00 | 0.0% | COM | 598511103 |
| ARCC | ARES CAPITAL CORP | 50,000 | $1,065 | 0.1% | $13.96 | 0.0% | COM | 04010L103 |
| PJT | PJT PARTNERS INC | 14,000 | $1,053 | 0.1% | $70.63 | +8.1% | COM CL A | 69343T107 |
| — | ARGO GROUP INTL HLDGS LTD | 18,000 | $1,019 | 0.1% | $51.68 | — | COM | G0464B107 |
| — | AMERICAN EQTY INVT LIFE HLD | 26,000 | $995 | 0.1% | $38.27 | — | COM | 025676206 |
| PGR | PROGRESSIVE CORP | 9,000 | $927 | 0.1% | $85.78 | 0.0% | COM | 743315103 |
| REFI | CHICAGO ATLANTIC REAL ESTATE | 55,000 | $917 | 0.1% | $16.67 | — | COM | 167239102 |
| AXS | AXIS CAP HLDGS LTD | 17,000 | $903 | 0.1% | $46.63 | 0.0% | SHS | G0692U109 |
| — | MFA FINL INC | 198,000 | $901 | 0.1% | $4.55 | — | COM | 55272X102 |
| WRB | BERKLEY W R CORP | 11,000 | $892 | 0.1% | $31.99 | 0.0% | COM | 084423102 |
| PECO | PHILLIPS EDISON & CO INC | 26,000 | $843 | 0.1% | $32.42 | — | COMMON STOCK | 71844V201 |
| PLD | PROLOGIS INC. | 5,000 | $825 | 0.1% | $131.96 | 0.0% | COM | 74340W103 |
| RNR | RENAISSANCERE HLDGS LTD | 5,000 | $800 | 0.1% | $156.65 | 0.0% | COM | G7496G103 |
| TOL | TOLL BROTHERS INC | 11,000 | $793 | 0.1% | $64.27 | 0.0% | COM | 889478103 |
| GBNY | GENERATIONS BANCORP NY INC | 45,000 | $542 | 0.0% | $9.80 | +18.7% | COM | 37149G108 |
| RMBI | RICHMOND MUT BANCORPORATION | 11,000 | $172 | 0.0% | $15.31 | +4.2% | COM | 76525P100 |