CIK: 0001029311 · Show all filings
Period: Q3 2022 (← Previous) (Next →)
Filing Date: Nov 14, 2022
Total Value ($000): $1,085,625 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| OSBC | Old Second Bancorp, Inc. | 2,152,194 | $28,086 | 2.6% | $7.88 | +69.4% | Common | 680277100 |
| PGC | Peapack-Gladstone Financial Corporation | 775,890 | $26,109 | 2.4% | $19.83 | +61.7% | Common | 704699107 |
| AMBZ | American Business Bank | 610,363 | $24,231 | 2.2% | $28.90 | +35.8% | Common | 02475L105 |
| FNBT | FineMark Holdings, Inc. | 828,044 | $24,220 | 2.2% | $30.43 | +0.5% | Common | 31788B108 |
| — | Lakeland Bancorp, Inc. | 1,408,192 | $22,545 | 2.1% | $14.39 | — | Common | 511637100 |
| UNTY | Unity Bancorp, Inc. | 894,342 | $22,457 | 2.1% | $13.63 | +90.6% | Common | 913290102 |
| FFWM | First Foundation Inc. | 1,164,567 | $21,125 | 1.9% | $14.93 | +29.1% | Common | 32026V104 |
| HBT | HBT Financial, Inc. | 1,154,053 | $20,946 | 1.9% | $15.65 | +16.0% | Common | 404111106 |
| — | CrossFirst Bankshares, Inc. | 1,590,289 | $20,753 | 1.9% | $12.80 | — | Common | 22766M109 |
| OBT | Orange County Bancorp | 488,069 | $18,791 | 1.7% | $15.53 | +17.8% | Common | 68417L107 |
| FBIZ | First Business Financial Services | 573,371 | $18,526 | 1.7% | $18.60 | +62.9% | Common | 319390100 |
| FRST | Primis Financial Corporation | 1,510,093 | $18,317 | 1.7% | $11.57 | +0.0% | Common | 74167B109 |
| TFIN | Triumph Bancorp, Inc. | 331,418 | $18,013 | 1.7% | $25.53 | +157.7% | Common | 89679E300 |
| MYFW | First Western Financial, Inc. | 728,386 | $17,955 | 1.7% | $16.77 | +62.8% | Common | 33751L105 |
| SFST | Southern First Bancshares, Inc. | 427,153 | $17,795 | 1.6% | $28.62 | +54.5% | Common | 842873101 |
| SMBK | SmartFinancial, Inc. | 679,185 | $16,783 | 1.5% | $19.86 | +27.1% | Common | 83190L208 |
| FRBA | First Bank | 1,179,721 | $16,127 | 1.5% | $8.57 | +61.9% | Common | 31931U102 |
| MCBI | Mountain Commerce Bancorp | 544,095 | $15,300 | 1.4% | $21.00 | +30.4% | Common | 624004107 |
| MBWM | Mercantile Bank Corporation | 493,158 | $14,652 | 1.3% | $14.28 | +106.2% | Common | 587376104 |
| AVBH | Avidbank Holdings, Inc. | 665,697 | $14,479 | 1.3% | $19.55 | +7.9% | Common | 05368J103 |
| TCBI | Texas Capital Bancshares, Inc. | 244,405 | $14,427 | 1.3% | $62.22 | -4.8% | Common | 88224Q107 |
| BRBS | Blue Ridge Bankshares, Inc. | 1,127,414 | $14,329 | 1.3% | $12.67 | +4.6% | Common | 095825105 |
| — | Santa Cruz County Bank | 605,467 | $14,228 | 1.3% | $472.92 | — | Common | 801827106 |
| MNSB | MainStreet Bancshares, Inc. | 621,372 | $14,173 | 1.3% | $14.09 | +55.6% | Common | 56064Y100 |
| — | Southern States Bancshares, Inc. | 506,022 | $13,789 | 1.3% | $20.19 | — | Common | 843878307 |
| — | California BanCorp | 675,203 | $13,653 | 1.3% | $296.49 | — | Common | 13005U101 |
| MPB | Mid Penn Bank | 472,827 | $13,584 | 1.3% | $24.11 | +6.3% | Common | 59540G107 |
| CNOB | ConnectOne Bancorp, Inc. | 562,204 | $12,964 | 1.2% | $15.11 | +50.7% | Common | 20786W107 |
| INBK | First Internet Bancorp | 382,467 | $12,950 | 1.2% | $24.84 | +46.6% | Common | 320557101 |
| ALPIB | Alpine Banks of Colorado | 421,053 | $12,926 | 1.2% | $27.04 | 0.0% | Common | 020810107 |
| ALRS | Alerus Financial Corporation | 579,138 | $12,799 | 1.2% | $19.10 | +8.1% | Common | 01446U103 |
| MRBK | Meridian Bank | 420,344 | $12,261 | 1.1% | $7.09 | +81.9% | Common | 58958P104 |
| CBAN | Colony Bankcorp Inc. | 936,072 | $12,197 | 1.1% | $15.54 | -18.4% | Common | 19623P101 |
| CCNE | CNB Financial Corporation | 497,188 | $11,719 | 1.1% | $20.27 | +13.4% | Common | 126128107 |
| BY | Byline Bancorp, Inc. | 568,923 | $11,521 | 1.1% | $16.13 | +34.2% | Common | 124411109 |
| ISTR | Investar Holding Corporation | 572,699 | $11,397 | 1.0% | $18.98 | +14.8% | Common | 46134L105 |
| BANC | Banc of California, Inc. | 677,412 | $10,818 | 1.0% | $18.28 | -13.0% | Common | 05990K106 |
| CZWI | Citizens Community Bancorp, Inc. | 875,331 | $10,653 | 1.0% | $8.62 | +38.8% | Common | 174903104 |
| MCB | Metropolitan Bank Holding Corp. | 163,061 | $10,495 | 1.0% | $43.70 | +61.2% | Common | 591774104 |
| — | Enterprise Bancorp, Inc. | 314,357 | $9,402 | 0.9% | $26.92 | — | Common | 293668109 |
| BCAL | Southern California Bancorp | 578,960 | $9,379 | 0.9% | $9.36 | +63.4% | Common | 84252A106 |
| MBIN | Merchants Bancorp | 392,627 | $9,058 | 0.8% | $18.80 | +31.3% | Common | 58844R108 |
| PBAM | Private Bancorp of America, Inc. | 299,097 | $8,749 | 0.8% | $19.28 | +51.5% | Common | 74274F100 |
| MFGI | Merchants Financial Group, Inc. | 323,184 | $8,726 | 0.8% | $22.28 | +8.1% | Common | 588538108 |
| — | Cambridge Bancorp | 108,528 | $8,654 | 0.8% | $55.54 | — | Common | 132152109 |
| BSVN | Bank7 Corp | 385,000 | $8,539 | 0.8% | $21.61 | -0.5% | Common | 06652N107 |
| — | Centric Financial Corporation | 622,573 | $8,467 | 0.8% | $9.84 | — | Common | 15641J101 |
| HTBK | Heritage Commerce Corp | 717,200 | $8,133 | 0.7% | $8.35 | +37.7% | Common | 426927109 |
| BWFG | Bankwell Financial Group, Inc. | 273,623 | $7,965 | 0.7% | $21.36 | +35.1% | Common | 06654A103 |
| — | Bank of Princeton | 280,118 | $7,941 | 0.7% | $3412.59 | — | Common | 064520109 |
| — | Limestone Bancorp, Inc. | 397,710 | $7,803 | 0.7% | $15.13 | — | Common | 53262L105 |
| LNKB | LinkBancorp | 1,004,000 | $7,530 | 0.7% | $6.75 | -3.2% | Common | 53578P105 |
| PSBQ | PSB Holdings, Inc. | 317,506 | $7,144 | 0.7% | $22.97 | +2.7% | Common | 69360N108 |
| SHBI | Shore Bancshares, Inc. | 398,586 | $6,904 | 0.6% | $13.33 | +42.4% | Common | 825107105 |
| FNRN | First Northern Community Bancorp | 817,016 | $6,904 | 0.6% | $7.85 | -1.5% | Common | 335925103 |
| — | Fentura Financial, Inc. | 298,149 | $6,857 | 0.6% | $16.84 | — | Common | 314645102 |
| — | Malvern Bancorp, Inc. | 473,459 | $6,804 | 0.6% | $16.27 | — | Common | 561409103 |
| FCCO | First Community Corporation | 388,211 | $6,794 | 0.6% | $14.98 | +9.8% | Common | 319835104 |
| FSRL | First Reliance Bancshares, Inc. | 731,627 | $6,687 | 0.6% | $7.20 | +27.3% | Common | 33615Q100 |
| SBNC | Southern BancShares (N.C.), Inc. | 1,445 | $6,661 | 0.6% | $2433.28 | +89.9% | Common | 842243107 |
| OBK | Origin Bancorp Inc. | 166,142 | $6,391 | 0.6% | $38.81 | +6.9% | Common | 68621T102 |
| DCOM | Dime Community Bancshares, Inc | 217,777 | $6,377 | 0.6% | $24.80 | +11.7% | Common | 25432X102 |
| SABK | South Atlantic Bancshares, Inc. | 423,608 | $6,350 | 0.6% | $494.12 | -96.9% | Common | 83636T104 |
| PMHG | Prime Meridian Holding Company | 241,776 | $6,202 | 0.6% | $19.05 | +30.2% | Common | 74164R107 |
| ARBV | American Riviera Bancorp | 351,724 | $6,032 | 0.6% | $18.71 | -14.5% | Common | 02933K103 |
| — | Allegiance Bancshares, Inc. | 141,213 | $5,879 | 0.5% | $28.49 | — | Common | 01748H107 |
| — | First Bancshares, Inc. | 195,169 | $5,830 | 0.5% | $712.74 | — | Common | 318916103 |
| — | Bay Community Bancorp | 675,206 | $5,722 | 0.5% | $5.87 | — | Common | 072205107 |
| TCBX | Third Coast Bancshares | 305,981 | $5,235 | 0.5% | $26.20 | -25.4% | Common | 88422P109 |
| RCBC | River City Bank | 21,617 | $4,994 | 0.5% | $16.31 | +48.2% | Common | 76803X106 |
| BFST | Business First Bancshares, Inc. | 228,003 | $4,909 | 0.5% | $21.33 | -1.9% | Common | 12326C105 |
| EQBK | Equity Bancshares, Inc. | 163,926 | $4,857 | 0.4% | $21.92 | +33.6% | Common | 29460X109 |
| OVLY | Oak Valley Bancorp | 269,960 | $4,824 | 0.4% | $13.29 | +36.1% | Common | 671807105 |
| WTBFB | W.T.B. Financial Corporation | 13,957 | $4,801 | 0.4% | $193.72 | +77.0% | Common | 929334209 |
| FGFH | Foresight Financial Group, Inc. | 147,098 | $4,597 | 0.4% | $22.21 | +25.7% | Common | 345526107 |
| — | 1st Capital Bancorp | 415,120 | $4,442 | 0.4% | $9.65 | — | Common | 319427100 |
| — | Traditions Bancorp, Inc. | 222,235 | $4,389 | 0.4% | $21.99 | — | Common | 89269L102 |
| — | Northway Financial, Inc. | 166,138 | $4,363 | 0.4% | $25.26 | — | Common | 667270201 |
| FSBC | Five Star Bancorp | 153,000 | $4,339 | 0.4% | $22.57 | +4.7% | Common | 33830T103 |
| CMHF | Community Heritage Financial Inc. | 206,558 | $4,276 | 0.4% | $21.49 | -1.5% | Common | 20370L103 |
| FSUN | FirstSun Capital Bancorp | 132,197 | $4,065 | 0.4% | $30.12 | 0.0% | Common | 33767U107 |
| — | Codorus Valley Bancorp, Inc. | 215,121 | $4,053 | 0.4% | $1537.30 | — | Common | 192025104 |
| ORPB | Oregon Pacific Bancorp | 606,386 | $3,899 | 0.4% | $5.50 | +23.5% | Common | 686040205 |
| UBAB | United Bancorporation of Alabama, Inc. | 137,700 | $3,849 | 0.4% | $20.82 | +27.3% | Common | 90944R100 |
| FBK | FB Financial Corp. | 98,978 | $3,782 | 0.3% | $30.91 | +24.7% | Common | 30257X104 |
| USCB | USCB Financial Holdings Inc. | 280,000 | $3,671 | 0.3% | $13.82 | -7.0% | Common | 90355N101 |
| WRIV | White River Bancshares Company | 45,650 | $3,622 | 0.3% | $44.04 | -10.5% | Common | 96445A108 |
| — | Hanover Bancorp Inc. | 185,000 | $3,537 | 0.3% | $20.44 | — | Common | 410710206 |
| GNRV | Grand River Commerce, Inc. | 596,938 | $3,432 | 0.3% | $5.33 | +14.6% | Common | 386441109 |
| QNBC | QNB Corp. | 126,526 | $3,415 | 0.3% | $32.70 | -9.7% | Common | 74726N107 |
| FXNC | First National Corporation | 223,120 | $3,414 | 0.3% | $16.37 | -5.8% | Common | 32106V107 |
| — | Professional Holding Corp. | 130,261 | $3,379 | 0.3% | $15.76 | — | Common | 743139107 |
| CCB | CCB Financial | 83,922 | $3,335 | 0.3% | $25.27 | +59.7% | Common | 19046P209 |
| SAMG | Silvercrest Asset Management Group Inc. | 203,286 | $3,324 | 0.3% | $14.11 | +26.3% | Common | 828359109 |
| SOUB | SouthPoint Bancshares, Inc. | 108,704 | $3,320 | 0.3% | $18.75 | — | Common | 844647107 |
| PBNK | Pinnacle Bank | 277,682 | $3,207 | 0.3% | $7.85 | +59.5% | Common | 72346K107 |
| BSRR | Sierra Bancorp | 161,544 | $3,190 | 0.3% | $12.53 | +48.2% | Common | 82620P102 |
| CBWA | Commencement Bancorp, Inc. | 272,860 | $3,097 | 0.3% | $9.86 | +13.8% | Common | 20051D107 |
| FCOB | 1st Colonial Bancorp | 259,644 | $3,074 | 0.3% | $8.42 | +40.3% | Common | 319716106 |
| COSO | CoastalSouth Bancshares, Inc. | 214,258 | $3,032 | 0.3% | $10.30 | — | Common | 19058X207 |
| — | Sterling Bancorp, Inc. | 502,061 | $3,027 | 0.3% | $7346.68 | — | Common | 85917W102 |
| SSBI | Summit State Bank | 206,850 | $3,001 | 0.3% | $9.00 | +56.8% | Common | 866264203 |
| TRCY | Tri City Bankshares Corporation | 172,141 | $2,926 | 0.3% | $19.04 | — | Common | 895364107 |
| FVCB | First Virginia Community Bank | 152,310 | $2,920 | 0.3% | $9.72 | +55.5% | Common | 36120Q101 |
| CCNB | Coastal Carolina Bancshares, Inc. | 291,992 | $2,897 | 0.3% | $7.54 | +35.2% | Common | 190435107 |
| FRBKQ | Republic First Bancorp, Inc. | 1,003,081 | $2,839 | 0.3% | $4.91 | -31.5% | Common | 760416107 |
| TRVR | Two Rivers Financial Group, Inc. | 66,729 | $2,836 | 0.3% | $23.72 | +59.6% | Common | 90206L106 |
| BLHK | Blueharbor Bank | 161,283 | $2,750 | 0.3% | $12.52 | +17.5% | Common | 095613105 |
| MVLY | Mission Valley Bancorp | 201,842 | $2,725 | 0.3% | $8.26 | +64.0% | Common | 60520E104 |
| PFLC | Pacific Financial Corporation | 260,905 | $2,719 | 0.3% | $5.42 | +64.5% | Common | 694275108 |
| FRAF | Franklin Financial Services Corp. | 84,796 | $2,676 | 0.2% | $25.72 | +7.6% | Common | 353525108 |
| PPBB | Peoples Bancorp | 11,934 | $2,506 | 0.2% | $201.41 | +7.2% | Common | 70979X107 |
| BOTJ | Bank of the James Financial Group, Inc. | 194,318 | $2,456 | 0.2% | $9.32 | +23.0% | Common | 470299108 |
| CSHX | Cashmere Valley Bank | 48,787 | $2,393 | 0.2% | $34.79 | +32.8% | Common | 14756K102 |
| MVBF | MVB Financial Corp. | 85,733 | $2,386 | 0.2% | $15.84 | +82.6% | Common | 553810102 |
| BWB | Bridgewater Bancshares, Inc. | 139,711 | $2,301 | 0.2% | $11.64 | +47.1% | Common | 108621103 |
| BAFN | BayFirst Financial Corp. | 133,593 | $2,211 | 0.2% | $24.30 | -29.0% | Common | 07279B104 |
| — | Pacific West Bank | 185,715 | $2,191 | 0.2% | $16.00 | — | Common | 69506W202 |
| MLGF | Malaga Financial Corporation | 93,700 | $2,160 | 0.2% | $18.47 | -7.4% | Common | 561046103 |
| — | McHenry Bancorp, Inc. | 60,000 | $2,105 | 0.2% | $34.50 | — | Common | 580683209 |
| — | Salisbury Bancorp, Inc. | 86,672 | $2,077 | 0.2% | $37.38 | — | Common | 795226109 |
| — | PacWest Bancorp | 87,000 | $1,966 | 0.2% | $22.60 | — | Common | 695263103 |
| ESBS | ES Bancshares, Inc. | 374,045 | $1,926 | 0.2% | $4.70 | +12.3% | Common | 296049109 |
| FCPB | First Capital Bancshares, Inc. | 232,396 | $1,859 | 0.2% | $5.86 | +37.7% | Common | 31941G101 |
| WBBW | Westbury Bancorp, Inc. | 63,231 | $1,783 | 0.2% | $18.39 | +57.8% | Common | 95727P106 |
| — | First Southern Bank | 196,250 | $1,764 | 0.2% | $7.90 | — | Common | 33650R104 |
| BCBP | BCB Bancorp, Inc. | 104,496 | $1,759 | 0.2% | $8.04 | +86.8% | Common | 055298103 |
| EFSI | Eagle Financial Services Inc. | 46,620 | $1,721 | 0.2% | $19.94 | +61.0% | Common | 26951R104 |
| — | First Citrus Bancorporation, Inc. | 36,765 | $1,671 | 0.2% | $24.31 | — | Common | 31959T102 |
| RVSB | Riverview Bancorp, Inc. | 259,007 | $1,645 | 0.2% | $4.89 | +26.7% | Common | 769397100 |
| — | Cornerstone Financial Corporation | 150,000 | $1,631 | 0.2% | $10.01 | — | Common | 21925G201 |
| CCBC | Chino Commercial Bancorp | 115,879 | $1,505 | 0.1% | $9.99 | +2.1% | Common | 16957L102 |
| PPBN | Pinnacle Bankshares Corporation | 70,393 | $1,418 | 0.1% | $16.31 | +11.0% | Common | 72345E102 |
| BORT | Bank of Botetourt | 49,824 | $1,416 | 0.1% | $22.94 | +11.5% | Common | 063907208 |
| CNBW | CNB Corporation | 14,348 | $1,406 | 0.1% | $61.21 | -5.5% | Common | 12612R105 |
| SBNY | Signature Bank | 9,200 | $1,389 | 0.1% | $240.14 | — | Common | 82669G104 |
| VABK | Virginia National Bankshares Corp. | 39,357 | $1,277 | 0.1% | $28.77 | +12.9% | Common | 928031103 |
| — | Veritex Holdings, Inc. | 48,000 | $1,276 | 0.1% | $30.07 | — | Common | 923451108 |
| WEX | WEX Inc. | 9,955 | $1,264 | 0.1% | $167.38 | -6.1% | Common | 96208T104 |
| — | American National Bankshares Inc. | 39,092 | $1,249 | 0.1% | $37.25 | — | Common | 027745108 |
| BKOR | Oak Ridge Financial Services, Inc. | 66,364 | $1,232 | 0.1% | $7.87 | +121.1% | Common | 671768109 |
| — | GrandSouth Bancorporation | 36,482 | $1,226 | 0.1% | $14.53 | — | Common | 386627301 |
| TBBK | The Bancorp, Inc. | 54,092 | $1,189 | 0.1% | $26.85 | -13.7% | Common | 05969A105 |
| SICPQ | Silvergate Capital Corporation | 15,320 | $1,154 | 0.1% | $115.92 | -26.6% | Common | 82837P408 |
| FFMH | First Farmers and Merchants Corporation | 42,538 | $1,151 | 0.1% | $27.67 | -7.7% | Common | 320148109 |
| CBNK | Capital Bancorp, Inc. | 49,122 | $1,135 | 0.1% | $12.02 | +88.9% | Common | 139737100 |
| — | Village Bank and Trust Financial Corp. | 22,838 | $1,100 | 0.1% | $21.38 | — | Common | 92705T200 |
| — | CapStar Financial Holdings, Inc. | 52,770 | $978 | 0.1% | $19.91 | — | Common | 14070T102 |
| — | BTRS Holdings Inc. | 104,645 | $969 | 0.1% | $9.39 | — | Common | 11778X104 |
| — | Studio Bank | 74,074 | $963 | 0.1% | $13.50 | — | Common | 86389R100 |
| CZBC | Citizens Bancorp | 77,652 | $959 | 0.1% | $11.25 | +0.6% | Common | 172950107 |
| CYVF | Crystal Valley Financial | 16,800 | $958 | 0.1% | $46.63 | +12.2% | Common | 22941P100 |
| — | CBTX, Inc. | 32,700 | $956 | 0.1% | $18.16 | — | Common | 12481V104 |
| — | Community Financial Corporation | 26,732 | $917 | 0.1% | $20.63 | — | Common | 20368X101 |
| — | Surrey Bancorp | 61,785 | $865 | 0.1% | $11.40 | — | Common | 86888W105 |
| SBCF | Seacoast Banking Corporation of Florida | 28,395 | $858 | 0.1% | $14.90 | +123.9% | Common | 811707801 |
| — | Community First Bancorporation | 113,744 | $818 | 0.1% | $6.72 | — | Common | 203916101 |
| PTBS | Potomac Bancshares, Inc. | 41,492 | $747 | 0.1% | $11.64 | +33.7% | Common | 737643106 |
| IIIV | i3 Verticals, Inc. | 35,300 | $707 | 0.1% | $22.74 | +7.1% | Common | 46571Y107 |
| CYSM | Community Bancorp of Santa Maria | 65,100 | $674 | 0.1% | $9.46 | +4.4% | Common | 20344R103 |
| RRBI | Red River Bancshares, Inc. | 11,299 | $559 | 0.1% | $49.15 | +7.2% | Common | 75686R202 |
| — | Paya Holdings Inc. | 85,104 | $520 | 0.0% | $6.20 | — | Common | 70434P103 |
| SPFI | South Plains Financial, Inc. | 17,919 | $494 | 0.0% | $17.65 | +47.8% | Common | 83946P107 |
| SFNC | Simmons First National Corp | 20,035 | $437 | 0.0% | $24.28 | -4.8% | Common | 828730200 |
| LOB | Live Oak Bancshares | 12,750 | $390 | 0.0% | $61.92 | -42.1% | Common | 53803X105 |
| JMSB | John Marshall Bank | 13,400 | $329 | 0.0% | $21.49 | +17.9% | Common | 47805L101 |
| NCNO | nCino, Inc. | 9,260 | $316 | 0.0% | $60.65 | -44.4% | Common | 63947X101 |
| SBKO | Summit Bank Group, Inc. | 22,593 | $308 | 0.0% | $12.01 | +19.1% | Common | 86603R100 |
| LPRO | Open Lending Corporation | 34,220 | $275 | 0.0% | $23.42 | -56.9% | Common | 68373J104 |
| AMFC | AMB Financial Corp. | 10,762 | $206 | 0.0% | $8.50 | +154.7% | Common | 001984103 |
| UBFO | United Security Bankshares | 30,000 | $196 | 0.0% | $5.75 | 0.0% | Common | 911460103 |
| FOUR | Shift4 Payments | 2,880 | $128 | 0.0% | $52.74 | -20.3% | Common | 82452J109 |
| PAYO | Payoneer Global Inc | 13,700 | $83 | 0.0% | $7.43 | -21.9% | Common | 70451X104 |
| NIC | Nicolet Bankshares, Inc. | 1,056 | $74 | 0.0% | $73.78 | +1.3% | Common | 65406E102 |
| LWCL | Lewis & Clark Bancorp | 729 | $27 | 0.0% | $4.18 | +60.3% | Common | 52757L109 |