Location: McLean, VA
CIK: 0001599170 · Show all filings
Period: Q2 2025 (← Previous) (Next →)
Filing Date: Aug 14, 2025
Total Value: $943M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| HTB | HOMETRUST BANCSHARES INC | 1,732,877 | $64.83M | 6.9% | $25.96 | +35.3% | COM | 437872104 |
| — | SOUTHSTATE CORPORATION | 702,355 | $64.64M | 6.9% | $91.74 | — | COM | 840441109 |
| EQBK | EQUITY BANCSHARES INC | 1,126,096 | $45.94M | 4.9% | $31.57 | +21.5% | COM CL A | 29460X109 |
| WAL | WESTERN ALLIANCE BANCORP | 549,146 | $42.82M | 4.5% | $76.91 | -8.1% | COM | 957638109 |
| INDB | INDEPENDENT BK CORP MASS | 649,320 | $40.83M | 4.3% | $62.60 | -5.3% | COM | 453836108 |
| ABCB | AMERIS BANCORP | 602,320 | $38.97M | 4.1% | $56.28 | +4.4% | COM | 03076K108 |
| WBS | WEBSTER FINL CORP | 679,914 | $37.12M | 3.9% | $54.78 | -9.0% | COM | 947890109 |
| OSBC | OLD SECOND BANCORP INC ILL | 1,837,333 | $32.59M | 3.5% | $11.63 | +38.6% | COM | 680277100 |
| SBCF | SEACOAST BKG CORP FLA | 1,154,434 | $31.89M | 3.4% | $25.58 | -3.4% | COM NEW | 811707801 |
| SFST | SOUTHERN FIRST BANCSHARES | 807,223 | $30.7M | 3.3% | $36.36 | -3.5% | COM | 842873101 |
| RBB | RBB BANCORP | 1,766,083 | $30.39M | 3.2% | $21.76 | -25.1% | COM | 74930B105 |
| LNKB | LINKBANCORP INC | 3,728,660 | $27.26M | 2.9% | $6.43 | +3.8% | COM | 53578P105 |
| HTBK | HERITAGE COMM CORP | 2,344,722 | $23.28M | 2.5% | $9.01 | +1.8% | COM | 426927109 |
| ZION | ZIONS BANCORPORATION N A | 442,549 | $22.99M | 2.4% | $53.63 | -12.5% | COM | 989701107 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 766,202 | $22.04M | 2.3% | $28.43 | -0.7% | COM | 598511103 |
| IBCP | INDEPENDENT BK CORP MICH | 664,680 | $21.54M | 2.3% | $15.30 | +96.9% | COM NEW | 453838609 |
| QCRH | QCR HOLDINGS INC | 296,530 | $20.13M | 2.1% | $52.78 | +26.3% | COM | 74727A104 |
| BCAL | CALIFORNIA BANCORP | 1,271,636 | $20.04M | 2.1% | $15.14 | -6.4% | COM | 84252A106 |
| BANC | BANC OF CALIFORNIA INC | 1,365,440 | $19.18M | 2.0% | $13.77 | -2.7% | COM | 05990K106 |
| SMBC | SOUTHERN MO BANCORP INC | 282,942 | $15.5M | 1.6% | $34.08 | +51.0% | COM | 843380106 |
| CBU | COMMUNITY FINANCIAL SYSTEM I | 270,197 | $15.37M | 1.6% | $56.54 | -4.0% | COM | 203607106 |
| — | ESSA BANCORP INC | 684,979 | $13.29M | 1.4% | $16.50 | — | COM | 29667D104 |
| ONB | OLD NATL BANCORP IND | 617,226 | $13.17M | 1.4% | $20.43 | +1.3% | COM | 680033107 |
| TOWN | TOWNEBANK PORTSMOUTH VA | 301,231 | $10.3M | 1.1% | $33.36 | 0.0% | COM | 89214P109 |
| BUSE | FIRST BUSEY CORP | 410,186 | $9.387M | 1.0% | $22.15 | -5.5% | COM NEW | 319383204 |
| MPB | MID PENN BANCORP INC | 328,705 | $9.269M | 1.0% | $29.73 | -11.5% | COM | 59540G107 |
| WFC | WELLS FARGO CO NEW | 105,067 | $8.418M | 0.9% | $73.58 | -3.3% | COM | 949746101 |
| MS | MORGAN STANLEY | 57,696 | $8.127M | 0.9% | $120.96 | 0.0% | COM NEW | 617446448 |
| MBIN | MERCHANTS BANCORP IND | 238,580 | $7.89M | 0.8% | $39.01 | -17.7% | COM | 58844R108 |
| JMSB | JOHN MARSHALL BANCORP INC | 413,353 | $7.659M | 0.8% | $18.66 | -9.9% | COM | 47805L101 |
| CBNA | CHAIN BRIDGE BANCORP INC | 293,788 | $7.571M | 0.8% | $23.85 | +5.3% | CL A | 15746L100 |
| FFWM | FIRST FNDTN INC | 1,478,574 | $7.541M | 0.8% | $5.14 | -0.4% | COM | 32026V104 |
| FVCB | FVCBANKCORP INC | 632,902 | $7.468M | 0.8% | $12.01 | -8.1% | COM | 36120Q101 |
| FSFG | FIRST SVGS FINL GROUP INC | 282,864 | $7.083M | 0.8% | $16.95 | +48.8% | COM | 33621E109 |
| USB | US BANCORP DEL | 150,588 | $6.814M | 0.7% | $44.10 | -7.6% | COM NEW | 902973304 |
| HWBK | HAWTHORN BANCSHARES INC | 221,156 | $6.444M | 0.7% | $22.02 | +31.0% | COM | 420476103 |
| JLL | JONES LANG LASALLE INC | 22,352 | $5.717M | 0.6% | $192.02 | +19.4% | COM | 48020Q107 |
| WTFC | WINTRUST FINL CORP | 44,920 | $5.569M | 0.6% | $123.58 | -7.2% | COM | 97650W108 |
| CZWI | CITIZENS CMNTY BANCORP INC M | 383,656 | $5.294M | 0.6% | $10.58 | +33.5% | COM | 174903104 |
| SBFG | SB FINL GROUP INC | 265,791 | $5.077M | 0.5% | $18.78 | +0.7% | COM | 78408D105 |
| THG | HANOVER INS GROUP INC | 27,523 | $4.675M | 0.5% | $159.75 | +3.0% | COM | 410867105 |
| WELL | WELLTOWER INC | 28,454 | $4.374M | 0.5% | $103.15 | +43.4% | COM | 95040Q104 |
| TMHC | TAYLOR MORRISON HOME CORP | 69,594 | $4.274M | 0.5% | $57.20 | +1.6% | COM | 87724P106 |
| PHM | PULTE GROUP INC | 40,391 | $4.26M | 0.5% | $100.20 | 0.0% | COM | 745867101 |
| BRO | BROWN & BROWN INC | 35,958 | $3.987M | 0.4% | $111.89 | 0.0% | COM | 115236101 |
| RPC | P10 INC | 365,657 | $3.737M | 0.4% | $11.62 | -7.8% | COM CL A | 69376K106 |
| SYF | SYNCHRONY FINANCIAL | 54,295 | $3.624M | 0.4% | $56.04 | -1.3% | COM | 87165B103 |
| CINF | CINCINNATI FINL CORP | 22,656 | $3.374M | 0.4% | $139.87 | +0.7% | COM | 172062101 |
| RVSB | RIVERVIEW BANCORP INC | 606,634 | $3.336M | 0.4% | $6.24 | -8.4% | COM | 769397100 |
| RGA | REINSURANCE GRP OF AMERICA I | 16,488 | $3.271M | 0.3% | $183.33 | +6.5% | COM NEW | 759351604 |
| FDSB | FIFTH DIST BANCORP INC | 247,691 | $3.059M | 0.3% | $10.35 | +18.0% | COM | 316926104 |
| RITM | RITHM CAPITAL CORP | 246,278 | $2.78M | 0.3% | $11.40 | — | COM NEW | 64828T201 |
| HTGC | HERCULES CAPITAL INC | 150,435 | $2.75M | 0.3% | $19.01 | -6.8% | COM | 427096508 |
| NMIH | NMI HLDGS INC | 63,610 | $2.684M | 0.3% | $37.57 | 0.0% | COM | 629209305 |
| MCY | MERCURY GENL CORP NEW | 38,074 | $2.564M | 0.3% | $59.49 | 0.0% | COM | 589400100 |
| NDAQ | NASDAQ INC | 27,803 | $2.486M | 0.3% | $79.17 | 0.0% | COM | 631103108 |
| MRX | MAREX GROUP PLC | 62,696 | $2.475M | 0.3% | $41.19 | 0.0% | ORD | G5S37H101 |
| LADR | LADDER CAP CORP | 228,343 | $2.455M | 0.3% | $11.31 | — | CL A | 505743104 |
| MAA | MID-AMER APT CMNTYS INC | 16,574 | $2.453M | 0.3% | $152.37 | +0.1% | COM | 59522J103 |
| PLMR | PALOMAR HLDGS INC | 15,810 | $2.439M | 0.3% | $94.40 | +64.0% | COM | 69753M105 |
| WSBC | WESBANCO INC | 75,085 | $2.375M | 0.3% | $31.31 | -3.4% | COM | 950810101 |
| AHR | AMERICAN HEALTHCARE REIT INC | 62,994 | $2.314M | 0.2% | $26.33 | — | COM SHS | 398182303 |
| GSHD | GOOSEHEAD INS INC | 21,705 | $2.29M | 0.2% | $82.51 | +28.4% | COM CL A | 38267D109 |
| ADC | AGREE RLTY CORP | 30,114 | $2.2M | 0.2% | $73.94 | — | COM | 008492100 |
| HLI | HOULIHAN LOKEY INC | 12,082 | $2.174M | 0.2% | $166.54 | 0.0% | CL A | 441593100 |
| CME | CME GROUP INC | 7,795 | $2.148M | 0.2% | $268.48 | 0.0% | COM | 12572Q105 |
| NPB | NORTHPOINTE BANCSHARES INC. | 155,000 | $2.125M | 0.2% | $14.31 | -6.1% | COM SHS | 66661N886 |
| UCB | UNITED CMNTY BKS BLAIRSVLE G | 67,695 | $2.017M | 0.2% | $31.28 | -11.2% | COM | 90984P303 |
| MRP | MILLROSE PPTYS INC | 66,444 | $1.894M | 0.2% | $28.51 | — | COM CL A | 601137102 |
| PECO | PHILLIPS EDISON & CO INC | 49,464 | $1.733M | 0.2% | $34.34 | — | COMMON STOCK | 71844V201 |
| HCI | HCI GROUP INC | 11,211 | $1.706M | 0.2% | $89.39 | +71.8% | COM | 40416E103 |
| AKR | ACADIA RLTY TR | 89,739 | $1.666M | 0.2% | $18.68 | — | COM SH BEN INT | 004239109 |
| ARI | APOLLO COML REAL EST FIN INC | 165,317 | $1.6M | 0.2% | $9.68 | — | COM | 03762U105 |
| JCAP | JEFFERSON CAPITAL INC | 86,387 | $1.594M | 0.2% | $18.66 | 0.0% | COM | 47248R103 |
| SKWD | SKYWARD SPECIALTY INS GROUP | 26,678 | $1.542M | 0.2% | $44.51 | +29.6% | COM | 830940102 |
| LKFN | LAKELAND FINL CORP | 21,793 | $1.339M | 0.1% | $56.49 | 0.0% | COM | 511656100 |
| GL | GLOBE LIFE INC | 10,751 | $1.336M | 0.1% | $117.92 | +2.5% | COM | 37959E102 |
| HBCP | HOME BANCORP INC | 24,269 | $1.257M | 0.1% | $24.11 | +98.0% | COM | 43689E107 |
| ARES | ARES MANAGEMENT CORPORATION | 6,911 | $1.197M | 0.1% | $155.27 | 0.0% | CL A COM STK | 03990B101 |
| EZPW | EZCORP INC | 83,575 | $1.16M | 0.1% | $14.45 | 0.0% | CL A NON VTG | 302301106 |
| NLY | ANNALY CAPITAL MANAGEMENT IN | 52,796 | $994K | 0.1% | $18.82 | — | COM NEW | 035710839 |
| ALLY | ALLY FINL INC | 23,885 | $930K | 0.1% | $33.77 | 0.0% | COM | 02005N100 |
| VNO | VORNADO RLTY TR | 23,492 | $898K | 0.1% | $37.85 | — | SH BEN INT | 929042109 |
| JHG | JANUS HENDERSON GROUP PLC | 21,887 | $850K | 0.1% | $37.47 | -5.9% | ORD SHS | G4474Y214 |
| AMP | AMERIPRISE FINL INC | 1,508 | $805K | 0.1% | $490.23 | 0.0% | COM | 03076C106 |
| APAM | ARTISAN PARTNERS ASSET MGMT | 17,540 | $778K | 0.1% | $36.88 | 0.0% | CL A | 04316A108 |
| CSWC | CAPITAL SOUTHWEST CORP | 35,067 | $773K | 0.1% | $19.85 | -6.1% | COM | 140501107 |
| EXR | EXTRA SPACE STORAGE INC | 5,225 | $770K | 0.1% | $140.89 | 0.0% | COM | 30225T102 |
| SMA | SMARTSTOP SELF STORAG REIT I | 20,922 | $758K | 0.1% | $36.23 | — | COMMON STOCK | 83192D402 |
| BHF | BRIGHTHOUSE FINL INC | 12,719 | $684K | 0.1% | $56.21 | 0.0% | COM | 10922N103 |
| CUZ | COUSINS PPTYS INC | 21,941 | $659K | 0.1% | $30.11 | — | COM NEW | 222795502 |
| SBRA | SABRA HEALTH CARE REIT INC | 35,284 | $651K | 0.1% | $18.44 | — | COM | 78573L106 |
| V | VISA INC | 1,806 | $641K | 0.1% | $324.79 | +6.8% | COM CL A | 92826C839 |
| HIW | HIGHWOODS PPTYS INC | 19,833 | $617K | 0.1% | $31.49 | — | COM | 431284108 |
| CPT | CAMDEN PPTY TR | 5,438 | $613K | 0.1% | $112.70 | -0.6% | SH BEN INT | 133131102 |
| TRV | TRAVELERS COMPANIES INC | 2,199 | $588K | 0.1% | $245.41 | +6.2% | COM | 89417E109 |
| RWT | REDWOOD TRUST INC | 92,924 | $549K | 0.1% | $5.91 | — | COM | 758075402 |
| CCAP | CRESCENT CAP BDC INC | 37,640 | $531K | 0.1% | $13.99 | 0.0% | COM | 225655109 |
| ACIW | ACI WORLDWIDE INC | 9,306 | $427K | 0.0% | $49.17 | 0.0% | COM | 004498101 |
| VOYA | VOYA FINANCIAL INC | 5,640 | $400K | 0.0% | $63.12 | 0.0% | COM | 929089100 |
| QTWO | Q2 HLDGS INC | 4,236 | $396K | 0.0% | $88.03 | -4.2% | COM | 74736L109 |
| DLR | DIGITAL RLTY TR INC | 2,247 | $392K | 0.0% | $160.19 | 0.0% | COM | 253868103 |
| BEN | FRANKLIN RESOURCES INC | 16,375 | $391K | 0.0% | $19.79 | 0.0% | COM | 354613101 |
| AMT | AMERICAN TOWER CORP NEW | 1,758 | $389K | 0.0% | $189.52 | +11.0% | COM | 03027X100 |
| UNM | UNUM GROUP | 4,799 | $388K | 0.0% | $78.98 | 0.0% | COM | 91529Y106 |
| OWL | BLUE OWL CAPITAL INC | 20,130 | $387K | 0.0% | $22.55 | -18.0% | COM CL A | 09581B103 |
| FISV | FISERV INC | 2,098 | $362K | 0.0% | $200.26 | -9.4% | COM | 337738108 |
| HFBL | HOME FED BANCORP INC LA NEW | 24,866 | $338K | 0.0% | $12.28 | +7.8% | COM | 43708L108 |
| UHT | UNIVERSAL HEALTH RLTY INCOME | 8,277 | $331K | 0.0% | $39.97 | — | SH BEN INT | 91359E105 |
| CCNE | CNB FINL CORP PA | 13,910 | $318K | 0.0% | $23.69 | -9.0% | COM | 126128107 |
| FIS | FIDELITY NATL INFORMATION SV | 3,600 | $293K | 0.0% | $73.75 | +3.8% | COM | 31620M106 |
| BLK | BLACKROCK INC | 279 | $293K | 0.0% | $933.09 | 0.0% | COM | 09290D101 |
| SFBC | SOUND FINL BANCORP INC | 6,199 | $285K | 0.0% | $29.17 | +68.1% | COM | 83607A100 |
| ALL | ALLSTATE CORP | 1,414 | $285K | 0.0% | $147.88 | +33.1% | COM | 020002101 |
| DAVE | DAVE INC | 1,046 | $281K | 0.0% | $157.61 | 0.0% | CLASS A COM NEW | 23834J201 |
| TOST | TOAST INC | 6,214 | $275K | 0.0% | $39.30 | 0.0% | CL A | 888787108 |
| SLG | SL GREEN RLTY CORP | 4,329 | $268K | 0.0% | $61.90 | — | COM | 78440X887 |
| MSCI | MSCI INC | 456 | $263K | 0.0% | $568.05 | -3.3% | COM | 55354G100 |
| UNH | UNITEDHEALTH GROUP INC | 835 | $260K | 0.0% | $374.94 | 0.0% | COM | 91324P102 |
| STEP | STEPSTONE GROUP INC | 4,651 | $258K | 0.0% | $53.54 | 0.0% | COM CL A | 85914M107 |
| EPRT | ESSENTIAL PPTYS RLTY TR INC | 7,520 | $240K | 0.0% | $31.91 | — | COM | 29670E107 |
| KKR | KKR & CO INC | 1,761 | $234K | 0.0% | $136.88 | -14.8% | COM | 48251W104 |
| NTST | NETSTREIT CORP | 13,747 | $233K | 0.0% | $16.93 | — | COM | 64119V303 |
| GABC | GERMAN AMERN BANCORP INC | 5,917 | $228K | 0.0% | $36.66 | 0.0% | COM | 373865104 |
| WPC | WP CAREY INC | 3,476 | $217K | 0.0% | $62.38 | — | COM | 92936U109 |
| BNL | BROADSTONE NET LEASE INC | 12,754 | $205K | 0.0% | $16.97 | — | COM | 11135E203 |
| CG | CARLYLE GROUP INC | 3,946 | $203K | 0.0% | $42.13 | 0.0% | COM | 14316J108 |
| OSG | AMBAC FINL GROUP INC | 24,677 | $175K | 0.0% | $7.45 | 0.0% | COM NEW | 023139884 |