Location: Arlington, VA
CIK: 0001353254 · Show all filings
Period: Q4 2018 (← Previous) (Next →)
Filing Date: Feb 13, 2019
Total Value: $860M (96.9% shares, 3.1% debt)
| Ticker | Issuer | Shares | Value | % | Share Price | Est. Cost/Share | Unrealized @ Report Date | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|---|
| FHN | FIRST HORIZON NATL CORP | 5,347,700 | $70.38M | 8.2% | $13.16 * | $13.28 | -10.9% | COM | 320517105 |
| — | SYNOVUS FINL CORP | 1,796,253 | $57.46M | 6.7% | $31.99 | $41.90 | — | COM NEW | 87161C501 |
| — | STERLING BANCORP DEL | 3,379,453 | $55.8M | 6.5% | $16.51 | $23.08 | — | COM | 85917A100 |
| OSG | AMBAC FINL GROUP INC | 2,092,365 | $36.07M | 4.2% | $17.24 * | $19.15 | -4.1% | COM NEW | 023139884 |
| — | FLAGSTAR BANCORP INC | 1,364,487 | $36.02M | 4.2% | $26.40 | $33.11 | — | COM PAR .001 | 337930705 |
| CFG | CITIZENS FINL GROUP INC | 1,202,957 | $35.76M | 4.2% | $29.73 * | $24.81 | +3.6% | COM | 174610105 |
| BANC | BANC OF CALIFORNIA INC | 2,052,893 | $27.32M | 3.2% | $13.31 * | $15.26 | -9.4% | COM | 05990K106 |
| FNB | FNB CORP PA | 2,580,063 | $25.39M | 3.0% | $9.84 * | $9.33 | -6.6% | COM | 302520101 |
| BWB | BRIDGEWATER BANCSHARES INC | 2,260,193 | $23.84M | 2.8% | $10.55 * | $12.33 | -6.3% | COM ACCD INV | 108621103 |
| ZION | ZIONS BANCORPORATION N A | 532,202 | $21.68M | 2.5% | $40.74 * | $48.10 | -3.1% | COM | 989701107 |
| BHF | BRIGHTHOUSE FINL INC | 690,342 | $21.04M | 2.4% | $30.48 * | $50.05 | -22.0% | COM | 10922N103 |
| ALLY | ALLY FINL INC | 921,875 | $20.89M | 2.4% | $22.66 * | $17.37 | +15.1% | COM | 02005N100 |
| MVBF | MVB FINANCIAL CORP | 1,129,478 | $20.38M | 2.4% | $18.04 * | $15.30 | +1.3% | COM | 553810102 |
| NMRK | NEWMARK GROUP INC | 2,461,160 | $19.74M | 2.3% | $8.02 * | $8.51 | -0.4% | CL A | 65158N102 |
| BFST | BUSINESS FIRST BANCSHARES IN | 644,000 | $15.6M | 1.8% | $24.23 * | $21.36 | +0.5% | COM | 12326C105 |
| BCML | BAYCOM CORP | 645,322 | $14.9M | 1.7% | $23.09 * | $21.48 | +2.4% | COM | 07272M107 |
| CCB | COASTAL FINL CORP WA | 962,453 | $14.66M | 1.7% | $15.23 | $16.55 | -6.8% | COM NEW | 19046P209 |
| ISTR | INVESTAR HLDG CORP | 584,224 | $14.49M | 1.7% | $24.80 | $20.43 | +22.4% | COM | 46134L105 |
| MCB | METROPOLITAN BK HLDG CORP | 420,000 | $12.96M | 1.5% | $30.85 * | $42.65 | -14.1% | COM | 591774104 |
| — | BANK PRINCETON NEW JERSEY | 455,000 | $12.7M | 1.5% | $27.90 | $31.99 | — | COM | 064520109 |
| — | MALVERN BANCORP INC | 640,587 | $12.64M | 1.5% | $19.73 | $16.74 | — | COM | 561409103 |
| — | PACIFIC MERCANTILE BANCORP | 1,603,251 | $11.46M | 1.3% | $7.15 | $8.14 | — | COM | 694552100 |
| — | PACIFIC CITY FINANCIAL CORP | 728,098 | $11.39M | 1.3% | $15.65 | $19.07 | — | COM NEW | 69406T408 |
| — | ISTAR INC | 12,000,000 | $10.88M | 1.3% | $0.91 | $0.91 | — | NOTE 3.125% 9/1 | 45031UCB5 |
| — | PCSB FINL CORP | 520,681 | $10.19M | 1.2% | $19.56 | $17.06 | — | COM | 69324R104 |
| FCNCA | FIRST CTZNS BANCSHARES INC N | 26,522 | $10M | 1.2% | $377.05 * | $427.94 | -4.2% | CL A | 31946M103 |
| — | BANK COMM HLDGS | 885,153 | $9.701M | 1.1% | $10.96 | $11.05 | — | COM | 06424J103 |
| — | SEVERN BANCORP ANNAPOLIS MD | 1,182,000 | $9.432M | 1.1% | $7.98 | $6.00 | — | COM | 81811M100 |
| — | REDWOOD TR INC | 10,000,000 | $9.411M | 1.1% | $0.94 | $0.99 | — | NOTE 5.625% 7/1 | 758075AD7 |
| UNTY | UNITY BANCORP INC | 442,600 | $9.188M | 1.1% | $20.76 * | $11.80 | +61.1% | COM | 913290102 |
| FSBW | FS BANCORP INC | 201,573 | $8.643M | 1.0% | $42.88 * | $22.41 | -13.1% | COM | 30263Y104 |
| SBFG | SB FINL GROUP INC | 525,100 | $8.638M | 1.0% | $16.45 * | $17.69 | -1.7% | COM | 78408D105 |
| — | SB ONE BANCORP | 417,111 | $8.526M | 1.0% | $20.44 | $24.25 | — | COM | 78413T103 |
| SMBK | SMARTFINANCIAL INC | 431,659 | $7.886M | 0.9% | $18.27 * | $19.45 | +6.7% | COM NEW | 83190L208 |
| OPBK | OP BANCORP | 859,130 | $7.62M | 0.9% | $8.87 * | $10.88 | -8.7% | COM | 67109R109 |
| — | HOPFED BANCORP INC | 541,661 | $7.199M | 0.8% | $13.29 | $14.55 | — | COM | 439734104 |
| — | RANDOLPH BANCORP INC | 501,900 | $7.102M | 0.8% | $14.15 | $13.63 | — | COM | 752378109 |
| — | MACKINAC FINL CORP | 487,936 | $6.66M | 0.8% | $13.65 | $16.58 | — | COM | 554571109 |
| WFC | WELLS FARGO CO NEW | 143,000 | $6.589M | 0.8% | $46.08 * | $42.22 | -0.4% | COM | 949746101 |
| — | SUNPOWER CORP | 8,600,000 | $6.546M | 0.8% | $0.76 | $0.79 | — | DBCV 0.875% 6/0 | 867652AJ8 |
| MRBK | MERIDIAN CORPORATION | 363,905 | $6.248M | 0.7% | $17.17 * | $7.26 | -9.8% | COM | 58958P104 |
| RF | REGIONS FINL CORP NEW | 447,064 | $5.982M | 0.7% | $13.38 * | $11.67 | +2.7% | COM | 7591EP100 |
| KEY | KEYCORP NEW | 397,440 | $5.874M | 0.7% | $14.78 * | $12.99 | -3.6% | COM | 493267108 |
| EBMT | EAGLE BANCORP MONT INC | 350,222 | $5.779M | 0.7% | $16.50 * | $15.91 | -13.7% | COM | 26942G100 |
| — | ENTEGRA FINL CORP | 260,703 | $5.41M | 0.6% | $20.75 | $16.21 | — | COM | 29363J108 |
| CBAN | COLONY BANKCORP INC | 355,717 | $5.193M | 0.6% | $14.60 * | $11.86 | +14.8% | COM | 19623P101 |
| — | STERLING BANCORP INC | 740,833 | $5.149M | 0.6% | $6.95 | $12.09 | — | COM | 85917W102 |
| SHBI | SHORE BANCSHARES INC | 348,689 | $5.07M | 0.6% | $14.54 * | $18.05 | -11.0% | COM | 825107105 |
| BSVN | BANK7 CORP | 348,553 | $4.653M | 0.5% | $13.35 * | $15.67 | -8.8% | COM | 06652N107 |
| — | HAMILTON BANCORP INC MD | 325,000 | $4.518M | 0.5% | $13.90 | $13.31 | — | COM | 407015106 |
| FUNC | FIRST UTD CORP | 283,803 | $4.518M | 0.5% | $15.92 * | $14.06 | +0.6% | COM | 33741H107 |
| — | RIVERVIEW FINL CORP NEW | 409,271 | $4.461M | 0.5% | $10.90 | $13.60 | — | COM | 76940Q105 |
| — | GUARANTY FED BANCSHARES INC | 196,711 | $4.296M | 0.5% | $21.84 | $12.82 | — | COM | 40108P101 |
| — | LIMESTONE BANCORP INC | 290,100 | $3.992M | 0.5% | $13.76 | $15.24 | — | COM | 53262L105 |
| HBAN | HUNTINGTON BANCSHARES INC | 330,371 | $3.938M | 0.5% | $11.92 * | $10.51 | -5.3% | COM | 446150104 |
| CZWI | CITIZENS CMNTY BANCORP INC M | 351,181 | $3.828M | 0.4% | $10.90 | $10.12 | +5.7% | COM | 174903104 |
| SFST | SOUTHERN FIRST BANCSHARES IN | 110,303 | $3.537M | 0.4% | $32.07 * | $16.20 | +121.1% | COM | 842873101 |
| — | BRIDGE BANCORP INC | 127,416 | $3.248M | 0.4% | $25.49 | $34.12 | — | COM | 108035106 |
| — | SANDY SPRING BANCORP INC | 100,015 | $3.134M | 0.4% | $31.34 | $38.76 | — | COM | 800363103 |
| ORRF | ORRSTOWN FINL SVCS INC | 167,235 | $3.045M | 0.4% | $18.21 * | $18.25 | -9.0% | COM | 687380105 |
| FFWM | FIRST FNDTN INC | 233,298 | $3M | 0.3% | $12.86 * | $15.42 | -10.4% | COM | 32026V104 |
| OMF | ONEMAIN HLDGS INC | 94,791 | $2.302M | 0.3% | $24.29 * | $31.78 | -10.5% | COM | 68268W103 |
| AER | AERCAP HOLDINGS NV | 55,000 | $2.178M | 0.3% | $39.60 * | $49.28 | 0.0% | SHS | N00985106 |
| AGO | ASSURED GUARANTY LTD | 56,549 | $2.165M | 0.3% | $38.29 * | $32.78 | +7.6% | COM | G0585R106 |
| — | OLD LINE BANCSHARES INC | 63,580 | $1.673M | 0.2% | $26.31 | $26.31 | — | COM | 67984M100 |
| — | IBERIABANK CORP | 25,000 | $1.607M | 0.2% | $64.28 | $64.28 | — | COM | 450828108 |
| SBNY | SIGNATURE BK NEW YORK N Y | 13,020 | $1.339M | 0.2% | $102.84 | $120.69 | — | COM | 82669G104 |
| CCNE | CNB FINL CORP PA | 58,041 | $1.332M | 0.2% | $22.95 * | $22.30 | -6.3% | COM | 126128107 |
| FSFG | FIRST SAVINGS FINL GROUP INC | 17,368 | $902K | 0.1% | $51.93 * | $14.10 | +22.1% | COM | 33621E109 |
| SPG | SIMON PPTY GROUP INC NEW | 5,000 | $840K | 0.1% | $168.00 * | $106.92 | +13.1% | COM | 828806109 |
| — | PIONEER NAT RES CO | 6,000 | $789K | 0.1% | $131.50 | $172.61 | — | COM | 723787107 |
| USDP | USD PARTNERS LP | 75,000 | $784K | 0.1% | $10.45 | $10.78 | — | COM UT REP LTD | 903318103 |
| — | UNION BANKSHARES CORP NEW | 22,967 | $648K | 0.1% | $28.21 | $28.21 | — | COM | 90539J109 |
| AMZN | AMAZON COM INC | 400 | $601K | 0.1% | $1502.50 * | $83.14 | 0.0% | COM | 023135106 |
| — | CHEMICAL FINL CORP | 15,306 | $560K | 0.1% | $36.59 | $36.59 | — | COM | 163731102 |
| — | CYRUSONE INC | 10,000 | $529K | 0.1% | $52.90 | $50.81 | — | COM | 23283R100 |
| MS | MORGAN STANLEY | 12,500 | $496K | 0.1% | $39.68 * | $35.01 | 0.0% | COM NEW | 617446448 |
| TOL | TOLL BROTHERS INC | 15,000 | $494K | 0.1% | $32.93 * | $40.16 | -20.0% | COM | 889478103 |
| — | CONSOL COAL RES LP | 30,000 | $492K | 0.1% | $16.40 | $15.64 | — | COM UNIT | 20855T100 |
| — | CNX MIDSTREAM PARTNERS LP | 30,000 | $488K | 0.1% | $16.27 | $18.28 | — | COM UNIT REPST | 12654A101 |
| — | LEVEL ONE BANCORP INC | 21,454 | $481K | 0.1% | $22.42 | $27.18 | — | COM | 52730D208 |
| AL | AIR LEASE CORP | 15,835 | $478K | 0.1% | $30.19 * | $39.96 | -16.3% | CL A | 00912X302 |
| — | BLUEROCK RESIDENTIAL GRW REI | 50,000 | $451K | 0.1% | $9.02 | $11.05 | — | COM CL A | 09627J102 |
| PGC | PEAPACK-GLADSTONE FINL CORP | 16,192 | $408K | 0.0% | $25.20 * | $26.16 | 0.0% | COM | 704699107 |
| LEN | LENNAR CORP | 10,000 | $392K | 0.0% | $39.20 * | $37.43 | 0.0% | CL A | 526057104 |
| — | UMPQUA HLDGS CORP | 23,773 | $378K | 0.0% | $15.90 | $15.90 | — | COM | 904214103 |
| EQIX | EQUINIX INC | 1,000 | $353K | 0.0% | $353.00 * | $382.61 | -10.9% | COM PAR $0.001 | 29444U700 |
| DHI | D R HORTON INC | 10,000 | $347K | 0.0% | $34.70 * | $33.73 | 0.0% | COM | 23331A109 |
| T | AT&T INC | 12,000 | $342K | 0.0% | $28.50 * | $14.02 | 0.0% | COM | 00206R102 |
| GM | GENERAL MTRS CO | 10,000 | $335K | 0.0% | $33.50 * | $31.33 | 0.0% | COM | 37045V100 |
| EQBK | EQUITY BANCSHARES INC | 9,218 | $325K | 0.0% | $35.26 * | $34.17 | 0.0% | COM CL A | 29460X109 |
| COF | CAPITAL ONE FINL CORP | 4,131 | $312K | 0.0% | $75.53 | $76.57 | 0.0% | COM | 14040H105 |
| — | UNITED CMNTY FINL CORP OHIO | 35,190 | $311K | 0.0% | $8.84 | $8.84 | — | COM | 909839102 |
| — | NOBLE MIDSTREAM PARTNERS LP | 9,000 | $260K | 0.0% | $28.89 | $28.89 | — | COM UNIT REPST | 65506L105 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 10,152 | $252K | 0.0% | $24.82 * | $29.32 | 0.0% | COM | 598511103 |
| JPM | JPMORGAN CHASE & CO | 2,500 | $244K | 0.0% | $97.60 * | $87.53 | 0.0% | COM | 46625H100 |
| UCB | UNITED CMNTY BKS BLAIRSVLE G | 11,181 | $240K | 0.0% | $21.46 * | $30.31 | -18.5% | COM | 90984P303 |
| ARCC | ARES CAP CORP | 15,000 | $234K | 0.0% | $15.60 * | $6.67 | +25.3% | COM | 04010L103 |
| ET | ENERGY TRANSFER LP | 17,000 | $225K | 0.0% | $13.24 | $13.24 | — | COM UT LTD PTN | 29273V100 |
| — | NORTHSTAR REALTY EUROPE CORP | 15,000 | $218K | 0.0% | $14.53 | $12.72 | — | COM | 66706L101 |
| TRGP | TARGA RES CORP | 6,000 | $216K | 0.0% | $36.00 * | $38.06 | 0.0% | COM | 87612G101 |
| CHMG | CHEMUNG FINL CORP | 4,860 | $201K | 0.0% | $41.36 * | $34.54 | 0.0% | COM | 164024101 |
| — | JERNIGAN CAP INC | 10,000 | $198K | 0.0% | $19.80 | $19.05 | — | COM | 476405105 |
| NAVI | NAVIENT CORPORATION | 19,462 | $171K | 0.0% | $8.79 * | $11.46 | 0.0% | COM | 63938C108 |
| — | COMMUNITY BANKERS TR CORP | 23,201 | $168K | 0.0% | $7.24 | $4.17 | — | COM | 203612106 |
| — | PREMIER FINL BANCORP INC | 10,796 | $161K | 0.0% | $14.91 | $14.91 | — | COM | 74050M105 |
| — | MERCANTIL BK HLDG CORP | 15,395 | $154K | 0.0% | $10.00 | $10.00 | — | CL B NEW | 58734F404 |
| HTGC | HERCULES CAPITAL INC | 10,000 | $111K | 0.0% | $11.10 * | $12.20 | 0.0% | COM | 427096508 |