CIK: 0001767803 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Nov 14, 2025
Total Value ($000): $557,626 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| ORRF | ORRSTOWN FINL SVCS INC | 1,453,010 | $49,373 | 8.9% | $29.99 | +11.2% | COM | 687380105 |
| COFS | CHOICEONE FINL SVCS INC | 1,093,522 | $31,668 | 5.7% | $30.11 | -2.5% | COM | 170386106 |
| CWBC | COMMUNITY WEST BANCSHARES NE | 1,462,786 | $30,484 | 5.5% | $16.99 | +19.6% | COM | 203937107 |
| AVBH | AVIDBANK HLDGS INC | 1,042,169 | $26,575 | 4.8% | $23.63 | 0.0% | COM | 05368J103 |
| BCAL | CALIFORNIA BANCORP | 1,301,394 | $21,707 | 3.9% | $14.43 | +13.2% | COM | 84252A106 |
| CARE | CARTER BANKSHARES INC | 1,038,543 | $20,158 | 3.6% | $17.54 | +6.3% | COM NEW | 146103106 |
| FXNC | FIRST NATL CORP | 873,646 | $19,814 | 3.6% | $18.14 | +21.1% | COM | 32106V107 |
| FCCO | FIRST CMNTY CORP S C | 610,974 | $17,242 | 3.1% | $21.50 | +21.4% | COM | 319835104 |
| MRBK | MERIDIAN CORPORATION | 1,072,214 | $16,930 | 3.0% | $11.84 | +24.2% | COM | 58958P104 |
| MCB | METROPOLITAN BK HLDG CORP | 215,083 | $16,093 | 2.9% | $65.25 | +14.6% | COM | 591774104 |
| FRAF | FRANKLIN FINL SVCS CORP | 331,586 | $15,253 | 2.7% | $27.61 | +53.7% | COM | 353525108 |
| CFBK | CF BANKSHARES INC | 596,276 | $14,281 | 2.6% | $23.16 | +4.2% | COM | 12520L109 |
| FVCB | FVCBANKCORP INC | 910,820 | $11,813 | 2.1% | $11.51 | +13.0% | COM | 36120Q101 |
| CBAN | COLONY BANKCORP INC | 643,673 | $10,949 | 2.0% | $12.38 | +35.7% | COM | 19623P101 |
| MNSB | MAINSTREET BANCSHARES INC | 509,933 | $10,622 | 1.9% | $18.80 | +10.7% | COM | 56064Y100 |
| EFSI | EAGLE FINL SVCS INC | 276,786 | $10,471 | 1.9% | $32.66 | +5.8% | COM | 26951R104 |
| HNVR | HANOVER BANCORP INC | 421,508 | $9,463 | 1.7% | $22.02 | +1.1% | COM | 410709109 |
| SHBI | SHORE BANCSHARES INC | 568,190 | $9,324 | 1.7% | $14.26 | +15.5% | COM | 825107105 |
| FISI | FINANCIAL INSTNS INC | 322,202 | $8,764 | 1.6% | $24.87 | +5.3% | COM | 317585404 |
| PKBK | PARKE BANCORP INC | 405,954 | $8,748 | 1.6% | $19.84 | +7.7% | COM | 700885106 |
| BHRB | BURKE HERBERT FINL SVCS CORP | 137,761 | $8,498 | 1.5% | $54.58 | +11.0% | COM | 12135Y108 |
| CZWI | CITIZENS CMNTY BANCORP INC M | 525,039 | $8,437 | 1.5% | $14.80 | +5.2% | COM | 174903104 |
| COSO | COASTALSOUTH BANCSHARES INC | 378,141 | $8,247 | 1.5% | $21.58 | 0.0% | COM NEW | 19058X207 |
| BWFG | BANKWELL FINL GROUP INC | 177,321 | $7,846 | 1.4% | $30.65 | +32.5% | COM | 06654A103 |
| FRST | PRIMIS FINANCIAL CORP | 706,933 | $7,430 | 1.3% | $9.86 | +10.8% | COM | 74167B109 |
| WSBC | WESBANCO INC | 223,648 | $7,141 | 1.3% | $31.18 | +2.2% | COM | 950810101 |
| SFST | SOUTHERN FIRST BANCSHARES | 158,754 | $7,004 | 1.3% | $36.49 | +17.1% | COM | 842873101 |
| FNWB | FIRST NORTHWEST BANCORP | 869,092 | $6,840 | 1.2% | $11.83 | -34.8% | COM | 335834107 |
| MVBF | MVB FINL CORP | 272,282 | $6,823 | 1.2% | $18.54 | +26.8% | COM | 553810102 |
| ISTR | INVESTAR HLDG CORP | 279,847 | $6,495 | 1.2% | $22.01 | +2.0% | COM | 46134L105 |
| MPB | MID PENN BANCORP INC | 219,569 | $6,288 | 1.1% | $28.44 | +0.4% | COM | 59540G107 |
| BMRC | BANK MARIN BANCORP | 222,134 | $5,393 | 1.0% | $19.53 | +21.0% | COM | 063425102 |
| UBFO | UNITED SEC BANCSHARES CALIF | 555,820 | $5,186 | 0.9% | $8.10 | +9.4% | COM | 911460103 |
| FUNC | FIRST UTD CORP | 135,366 | $4,977 | 0.9% | $30.62 | +13.2% | COM | 33741H107 |
| LNKB | LINKBANCORP INC | 682,823 | $4,869 | 0.9% | $6.81 | +4.7% | COM | 53578P105 |
| BVFL | BV FINL INC | 297,624 | $4,798 | 0.9% | $13.80 | +17.3% | COM NEW | 05603E208 |
| OVLY | OAK VY BANCORP OAKDALE CALIF | 165,856 | $4,672 | 0.8% | $26.24 | +6.8% | COM | 671807105 |
| KRNY | KEARNY FINL CORP MD | 699,086 | $4,593 | 0.8% | $6.43 | -0.1% | COM | 48716P108 |
| BOTJ | BANK OF THE JAMES FINL GP IN | 291,782 | $4,552 | 0.8% | $12.73 | +12.8% | COM | 470299108 |
| ATLO | AMES NATL CORP | 225,099 | $4,552 | 0.8% | $18.13 | +4.5% | COM | 031001100 |
| CIVB | CIVISTA BANCSHARES INC | 216,410 | $4,395 | 0.8% | $20.69 | -0.2% | COM NO PAR | 178867107 |
| CCNE | CNB FINL CORP PA | 162,457 | $3,931 | 0.7% | $23.84 | +2.4% | COM | 126128107 |
| BFST | BUSINESS FIRST BANCSHARES IN | 164,024 | $3,873 | 0.7% | $24.12 | +1.2% | COM | 12326C105 |
| NKSH | NATIONAL BANKSHARES INC VA | 128,497 | $3,783 | 0.7% | $26.44 | +8.9% | COM | 634865109 |
| PROV | PROVIDENT FINL HLDGS INC | 230,822 | $3,635 | 0.7% | $14.86 | +4.3% | COM | 743868101 |
| WNEB | WESTERN NEW ENG BANCORP INC | 287,393 | $3,452 | 0.6% | $7.69 | +46.3% | COM | 958892101 |
| FDSB | FIFTH DIST BANCORP INC | 248,966 | $3,443 | 0.6% | $12.96 | +3.3% | COM | 316926104 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 120,000 | $3,395 | 0.6% | $28.92 | +0.8% | COM | 598511103 |
| CNOB | CONNECTONE BANCORP INC | 122,000 | $3,027 | 0.5% | $22.80 | +6.2% | COM | 20786W107 |
| EGBN | EAGLE BANCORP INC MD | 141,541 | $2,862 | 0.5% | $22.32 | -13.6% | COM | 268948106 |
| OVBC | OHIO VY BANC CORP | 73,031 | $2,701 | 0.5% | $35.01 | +1.5% | COM | 677719106 |
| PEBK | PEOPLES BANCORP N C INC | 75,612 | $2,318 | 0.4% | $29.18 | +3.5% | COM | 710577107 |
| OPBK | OP BANCORP | 156,951 | $2,185 | 0.4% | $12.86 | +7.5% | COM | 67109R109 |
| NWFL | NORWOOD FINANCIAL CORP | 83,764 | $2,129 | 0.4% | $25.40 | +0.4% | COM | 669549107 |
| JMSB | JOHN MARSHALL BANCORP INC | 104,641 | $2,074 | 0.4% | $17.39 | +12.4% | COM | 47805L101 |
| WSBF | WATERSTONE FINL INC MD | 128,559 | $2,006 | 0.4% | $13.92 | +2.9% | COM | 94188P101 |
| PLBC | PLUMAS BANCORP | 45,418 | $1,959 | 0.4% | $43.11 | +0.3% | COM | 729273102 |
| OBT | ORANGE CNTY BANCORP INC | 71,444 | $1,801 | 0.3% | $24.41 | +7.0% | COM | 68417L107 |
| OPHC | OPTIMUMBANK HLDGS INC | 389,554 | $1,597 | 0.3% | $4.43 | -1.6% | COM | 68401P403 |
| EBMT | EAGLE BANCORP MONT INC | 92,067 | $1,590 | 0.3% | $12.16 | +37.4% | COM | 26942G100 |
| PBHC | PATHFINDER BANCORP INC MD | 87,231 | $1,367 | 0.2% | $14.88 | -0.9% | COM | 70319R109 |
| INBK | FIRST INTERNET BANCORP | 56,238 | $1,261 | 0.2% | $25.88 | -4.8% | COM | 320557101 |
| TSBK | TIMBERLAND BANCORP INC | 35,676 | $1,187 | 0.2% | $31.48 | +3.4% | COM | 887098101 |
| BBT | BEACON FINANCIAL CORP. | 46,000 | $1,091 | 0.2% | $26.82 | -6.9% | COM | 084680107 |
| NFBK | NORTHFIELD BANCORP INC DEL | 87,802 | $1,036 | 0.2% | $11.17 | 0.0% | COM | 66611T108 |
| RVSB | RIVERVIEW BANCORP INC | 185,874 | $998 | 0.2% | $5.32 | -3.0% | COM | 769397100 |
| FBLA | FB BANCORP INC | 80,210 | $964 | 0.2% | $11.96 | -1.2% | COM | 31425A109 |
| RBB | RBB BANCORP | 50,000 | $938 | 0.2% | $16.29 | +17.4% | COM | 74930B105 |
| MSBI | MIDLAND STATES BANCORP INC | 52,609 | $902 | 0.2% | $17.22 | 0.0% | COM | 597742105 |
| BPRN | PRINCETON BANCORP INC | 27,617 | $879 | 0.2% | $30.34 | +3.9% | COM | 74179A107 |
| FBIZ | FIRST BUSINESS FINL SVCS INC | 12,131 | $622 | 0.1% | $50.44 | 0.0% | COM | 319390100 |
| HTBK | HERITAGE COMM CORP | 62,000 | $616 | 0.1% | $9.18 | +9.4% | COM | 426927109 |
| OCFC | OCEANFIRST FINL CORP | 33,926 | $596 | 0.1% | $16.64 | +4.6% | COM | 675234108 |
| DCOM | DIME CMNTY BANCSHARES INC | 19,141 | $571 | 0.1% | $27.95 | +2.9% | COM | 25432X102 |
| FRBA | FIRST BK WILLIAMSTOWN NEW JE | 34,016 | $554 | 0.1% | $14.27 | +11.1% | COM | 31931U102 |
| LSBK | LAKE SHORE BANCORP INC | 42,000 | $546 | 0.1% | $12.57 | 0.0% | COM | 510704109 |
| CHMG | CHEMUNG FINL CORP | 10,028 | $527 | 0.1% | $45.08 | +14.4% | COM | 164024101 |
| FFIC | FLUSHING FINL CORP | 38,000 | $525 | 0.1% | $12.17 | +4.4% | COM | 343873105 |
| FFWM | FIRST FNDTN INC | 88,000 | $490 | 0.1% | $5.79 | -4.8% | COM | 32026V104 |
| CFFN | CAPITOL FED FINL INC | 74,887 | $476 | 0.1% | $5.38 | +12.1% | COM | 14057J101 |
| TCBS | TEXAS COMMUNITY BANCSHARES I | 24,881 | $402 | 0.1% | $15.65 | +2.6% | COM | 88231Q108 |
| CBFV | CB FINL SVCS INC | 9,906 | $329 | 0.1% | $27.73 | +12.1% | COM | 12479G101 |
| OSBC | OLD SECOND BANCORP INC ILL | 12,500 | $216 | 0.0% | $16.11 | +10.8% | COM | 680277100 |