Location: Arlington, VA
CIK: 0001353254 · Show all filings
Period: Q4 2019 (← Previous) (Next →)
Filing Date: Feb 13, 2020
Total Value: $996M (98.6% shares, 1.4% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | SYNOVUS FINL CORP | 2,119,702 | $83.09M | 8.3% | $40.38 | — | COM NEW | 87161C501 |
| — | ISTAR INC | 4,803,980 | $69.71M | 7.0% | $14.51 | — | COM | 45031U101 |
| OSG | AMBAC FINL GROUP INC | 2,046,721 | $44.15M | 4.4% | $19.15 | +7.1% | COM NEW | 023139884 |
| RF | REGIONS FINL CORP NEW | 2,550,000 | $43.76M | 4.4% | $12.78 | 0.0% | COM | 7591EP100 |
| NMRK | NEWMARK GROUP INC | 2,552,757 | $34.35M | 3.4% | $8.48 | +28.5% | CL A | 65158N102 |
| BHF | BRIGHTHOUSE FINL INC | 805,000 | $31.58M | 3.2% | $38.47 | +2.3% | COM | 10922N103 |
| — | E TRADE FINANCIAL CORP | 662,005 | $30.04M | 3.0% | $45.37 | — | COM NEW | 269246401 |
| MVBF | MVB FINANCIAL CORP | 1,129,478 | $28.15M | 2.8% | $15.30 | +18.8% | COM | 553810102 |
| FHN | FIRST HORIZON NATL CORP | 1,599,313 | $26.48M | 2.7% | $13.03 | -1.8% | COM | 320517105 |
| MBI | MBIA INC | 2,793,671 | $25.98M | 2.6% | $4.11 | +1.0% | COM | 55262C100 |
| PCB | PCB BANCORP | 1,478,695 | $25.55M | 2.6% | $16.58 | +1.4% | COM | 69320M109 |
| RDN | RADIAN GROUP INC | 1,014,934 | $25.54M | 2.6% | $19.55 | +5.4% | COM | 750236101 |
| — | UMPQUA HLDGS CORP | 1,321,092 | $23.38M | 2.3% | $17.30 | — | COM | 904214103 |
| FBP | FIRST BANCORP P R | 1,629,737 | $17.26M | 1.7% | $8.64 | 0.0% | COM NEW | 318672706 |
| CCB | COASTAL FINL CORP WA | 1,033,942 | $17.03M | 1.7% | $16.45 | -1.8% | COM NEW | 19046P209 |
| ABCB | AMERIS BANCORP | 365,144 | $15.53M | 1.6% | $38.94 | 0.0% | COM | 03076K108 |
| SICPQ | SILVERGATE CAP CORP | 933,350 | $14.85M | 1.5% | $15.46 | 0.0% | CL A | 82837P408 |
| — | MALVERN BANCORP INC | 640,587 | $14.79M | 1.5% | $16.74 | — | COM | 561409103 |
| BCML | BAYCOM CORP | 650,000 | $14.78M | 1.5% | $21.48 | -5.2% | COM | 07272M107 |
| BFST | BUSINESS FIRST BANCSHARES IN | 570,193 | $14.21M | 1.4% | $21.30 | -0.3% | COM | 12326C105 |
| BWB | BRIDGEWATER BANCSHARES INC | 1,000,151 | $13.78M | 1.4% | $12.33 | +2.8% | COM ACCD INV | 108621103 |
| — | ISTAR INC | 12,000,000 | $13.56M | 1.4% | $0.91 | — | NOTE 3.125% 9/1 | 45031UCB5 |
| — | BANK PRINCETON NEW JERSEY | 424,694 | $13.37M | 1.3% | $31.99 | — | COM | 064520109 |
| — | CROSSFIRST BANKSHARES INC | 912,280 | $13.15M | 1.3% | $14.30 | — | COM | 22766M109 |
| MCB | METROPOLITAN BK HLDG CORP | 272,703 | $13.15M | 1.3% | $42.65 | +2.8% | COM | 591774104 |
| — | PACIFIC MERCANTILE BANCORP | 1,603,251 | $13.02M | 1.3% | $8.14 | — | COM | 694552100 |
| SBFG | SB FINL GROUP INC | 629,151 | $12.39M | 1.2% | $17.55 | -3.8% | COM | 78408D105 |
| — | ON DECK CAP INC | 2,840,114 | $11.76M | 1.2% | $3.74 | — | COM | 682163100 |
| CFG | CITIZENS FINL GROUP INC | 282,881 | $11.49M | 1.2% | $25.21 | +13.0% | COM | 174610105 |
| FNB | FNB CORP PA | 884,228 | $11.23M | 1.1% | $9.39 | +2.2% | COM | 302520101 |
| — | PINNACLE FINL PARTNERS INC | 173,746 | $11.12M | 1.1% | $64.00 | — | COM | 72346Q104 |
| BBT | BERKSHIRE HILLS BANCORP INC | 331,565 | $10.9M | 1.1% | $24.22 | +6.6% | COM | 084680107 |
| FITB | FIFTH THIRD BANCORP | 351,482 | $10.8M | 1.1% | $20.81 | +10.1% | COM | 316773100 |
| FSBW | FS BANCORP INC | 162,500 | $10.37M | 1.0% | $22.41 | +9.4% | COM | 30263Y104 |
| WTFC | WINTRUST FINL CORP | 143,283 | $10.16M | 1.0% | $68.57 | -2.8% | COM | 97650W108 |
| ISTR | INVESTAR HLDG CORP | 399,800 | $9.595M | 1.0% | $20.43 | +20.4% | COM | 46134L105 |
| — | BANK COMM HLDGS | 815,483 | $9.435M | 0.9% | $11.05 | — | COM | 06424J103 |
| — | MACKINAC FINL CORP | 533,211 | $9.31M | 0.9% | $16.54 | — | COM | 554571109 |
| — | SEVERN BANCORP ANNAPOLIS MD | 1,000,000 | $9.31M | 0.9% | $6.00 | — | COM | 81811M100 |
| MNSB | MAINSTREET BANCSHARES INC | 402,288 | $9.253M | 0.9% | $21.38 | -5.7% | COM | 56064Y100 |
| OPBK | OP BANCORP | 859,130 | $8.909M | 0.9% | $10.88 | -9.6% | COM | 67109R109 |
| — | STERLING BANCORP DEL | 407,366 | $8.587M | 0.9% | $22.60 | — | COM | 85917A100 |
| HWC | HANCOCK WHITNEY CORPORATION | 189,147 | $8.3M | 0.8% | $40.55 | 0.0% | COM | 410120109 |
| KEY | KEYCORP NEW | 397,239 | $8.04M | 0.8% | $12.94 | +8.0% | COM | 493267108 |
| EBMT | EAGLE BANCORP MONT INC | 350,000 | $7.487M | 0.8% | $15.52 | +4.8% | COM | 26942G100 |
| RBKB | RHINEBECK BANCORP INC | 659,018 | $7.453M | 0.7% | $11.68 | -8.0% | COM | 762093102 |
| UNTY | UNITY BANCORP INC | 300,000 | $6.771M | 0.7% | $11.80 | +69.3% | COM | 913290102 |
| — | SB ONE BANCORP | 271,176 | $6.758M | 0.7% | $24.23 | — | COM | 78413T103 |
| ALLY | ALLY FINL INC | 220,530 | $6.739M | 0.7% | $19.42 | +31.5% | COM | 02005N100 |
| SMBK | SMARTFINANCIAL INC | 275,000 | $6.504M | 0.7% | $19.39 | +13.5% | COM NEW | 83190L208 |
| RNST | RENASANT CORP | 169,977 | $6.021M | 0.6% | $35.29 | 0.0% | COM | 75970E107 |
| ZION | ZIONS BANCORPORATION N A | 112,972 | $5.866M | 0.6% | $48.21 | +0.7% | COM | 989701107 |
| — | LIMESTONE BANCORP INC | 301,100 | $5.42M | 0.5% | $15.24 | — | COM | 53262L105 |
| SHBI | SHORE BANCSHARES INC | 309,388 | $5.371M | 0.5% | $17.89 | -8.6% | COM | 825107105 |
| ORRF | ORRSTOWN FINL SVCS INC | 227,239 | $5.14M | 0.5% | $17.64 | +0.5% | COM | 687380105 |
| — | RIVERVIEW FINL CORP NEW | 409,271 | $5.112M | 0.5% | $13.60 | — | COM | 76940Q105 |
| AGO | ASSURED GUARANTY LTD | 103,966 | $5.096M | 0.5% | $36.81 | +16.7% | COM | G0585R106 |
| SFST | SOUTHERN FIRST BANCSHARES IN | 115,660 | $4.914M | 0.5% | $18.09 | +130.3% | COM | 842873101 |
| PGC | PEAPACK-GLADSTONE FINL CORP | 158,225 | $4.889M | 0.5% | $27.40 | +2.6% | COM | 704699107 |
| COF | CAPITAL ONE FINL CORP | 45,002 | $4.631M | 0.5% | $83.66 | +3.7% | COM | 14040H105 |
| FSFG | FIRST SAVINGS FINL GROUP INC | 52,291 | $3.509M | 0.4% | $15.51 | +20.0% | COM | 33621E109 |
| FCNCA | FIRST CTZNS BANCSHARES INC N | 6,260 | $3.332M | 0.3% | $427.94 | +15.8% | CL A | 31946M103 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 88,505 | $3.207M | 0.3% | $32.43 | +3.0% | COM | 598511103 |
| — | GUARANTY FED BANCSHARES INC | 105,050 | $2.647M | 0.3% | $13.41 | — | COM | 40108P101 |
| MPB | MID PENN BANCORP INC | 79,942 | $2.302M | 0.2% | $20.21 | +7.2% | COM | 59540G107 |
| HBAN | HUNTINGTON BANCSHARES INC | 148,409 | $2.238M | 0.2% | $10.56 | +3.9% | COM | 446150104 |
| AER | AERCAP HOLDINGS NV | 35,892 | $2.206M | 0.2% | $49.37 | +17.3% | SHS | N00985106 |
| OMF | ONEMAIN HLDGS INC | 49,418 | $2.083M | 0.2% | $32.77 | +23.4% | COM | 68268W103 |
| THFF | FIRST FINL CORP IND | 45,103 | $2.062M | 0.2% | $35.99 | 0.0% | COM | 320218100 |
| CZWI | CITIZENS CMNTY BANCORP INC M | 161,177 | $1.97M | 0.2% | $10.12 | +0.3% | COM | 174903104 |
| — | STERLING BANCORP INC | 197,567 | $1.6M | 0.2% | $12.09 | — | COM | 85917W102 |
| — | CORTLAND BANCORP | 70,358 | $1.534M | 0.2% | $23.44 | — | COM | 220587109 |
| — | COMMUNITY BANKERS TR CORP | 148,769 | $1.321M | 0.1% | $8.88 | — | COM | 203612106 |
| ET | ENERGY TRANSFER LP | 85,000 | $1.091M | 0.1% | $13.80 | — | COM UT LTD PTN | 29273V100 |
| SPG | SIMON PPTY GROUP INC NEW | 7,000 | $1.043M | 0.1% | $108.95 | -2.3% | COM | 828806109 |
| — | ALLEGIANCE BANCSHARES INC | 26,156 | $983K | 0.1% | $32.09 | — | COM | 01748H107 |
| — | PIONEER NAT RES CO | 5,000 | $757K | 0.1% | $168.71 | — | COM | 723787107 |
| USDP | USD PARTNERS LP | 65,000 | $644K | 0.1% | $10.78 | — | COM UT REP LTD | 903318103 |
| — | PREMIER FINL BANCORP INC | 30,736 | $558K | 0.1% | $16.64 | — | COM | 74050M105 |
| EOG | EOG RES INC | 6,000 | $503K | 0.1% | $60.07 | -7.1% | COM | 26875P101 |
| — | CNX MIDSTREAM PARTNERS LP | 30,000 | $494K | 0.0% | $17.37 | — | COM UNIT REPST | 12654A101 |
| EFC | ELLINGTON FINANCIAL INC | 24,195 | $443K | 0.0% | $18.03 | — | COM | 28852N109 |
| MRBK | MERIDIAN BK PAOLI PA | 21,232 | $429K | 0.0% | $7.26 | -1.6% | COM | 58958P104 |
| — | IBERIABANK CORP | 5,000 | $374K | 0.0% | $74.80 | — | COM | 450828108 |
| — | FS KKR CAPITAL CORP | 60,000 | $368K | 0.0% | $6.07 | — | COM | 302635107 |
| TMHC | TAYLOR MORRISON HOME CORP | 15,000 | $328K | 0.0% | $24.04 | 0.0% | COM | 87724P106 |
| — | CYRUSONE INC | 5,000 | $327K | 0.0% | $65.40 | — | COM | 23283R100 |
| — | WEINGARTEN RLTY INVS | 10,000 | $312K | 0.0% | $31.20 | — | SH BEN INT | 948741103 |
| — | BLUEROCK RESIDENTIAL GRW REI | 25,000 | $301K | 0.0% | $11.25 | — | COM CL A | 09627J102 |
| EPD | ENTERPRISE PRODS PARTNERS L | 10,000 | $282K | 0.0% | $28.20 | — | COM | 293792107 |
| GM | GENERAL MTRS CO | 7,500 | $275K | 0.0% | $36.01 | -4.6% | COM | 37045V100 |
| MCBS | METROCITY BANKSHARES INC | 15,000 | $263K | 0.0% | $12.34 | 0.0% | COM | 59165J105 |
| SFBC | SOUND FINL BANCORP INC | 7,168 | $258K | 0.0% | $30.53 | +3.1% | COM | 83607A100 |
| — | OASIS MIDSTREAM PARTNERS LP | 14,600 | $242K | 0.0% | $19.67 | — | COM UNITS REPS | 67420T206 |
| — | DIAMOND EAGLE ACQUISITION CO | 20,000 | $235K | 0.0% | $11.75 | — | UNIT 06/30/2026 | 25258L208 |
| — | JERNIGAN CAP INC | 10,000 | $191K | 0.0% | $19.12 | — | COM | 476405105 |
| — | CONSOL COAL RES LP | 20,000 | $188K | 0.0% | $15.22 | — | COM UNIT | 20855T100 |
| — | RITE AID CORP | 10,000 | $155K | 0.0% | — | — | Put | 767754872 |