Location: Evanston, IL
CIK: 0001694886 · Show all filings
Period: Q1 2020 (← Previous) (Next →)
Filing Date: May 15, 2020
Total Value: $230M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| EXSR | Exchange Bank/Santa Rosa CA | 84,106 | $9.609M | 4.2% | $124.78 | -3.9% | Equity | 301227203 |
| FCNCB | First Citizens BancShares Inc/ | 28,703 | $8.324M | 3.6% | $358.52 | +5.8% | Equity | 31946M202 |
| SBNC | Southern BancShares NC Inc | 2,505 | $8.079M | 3.5% | $3473.92 | +3.6% | Equity | 842243107 |
| FINN | First National of Nebraska Inc | 859 | $7.387M | 3.2% | $7658.32 | +21.4% | Equity | 335720108 |
| PLBC | Plumas Bancorp | 347,747 | $6.433M | 2.8% | $14.11 | +71.1% | Equity | 729273102 |
| MFGI | Merchants Financial Group Inc | 87,495 | $5.272M | 2.3% | $19.96 | +2.9% | Equity | 588538108 |
| TSBK | Timberland Bancorp Inc/WA | 282,919 | $5.175M | 2.3% | $15.89 | +26.6% | Equity | 887098101 |
| OVLY | Oak Valley Bancorp | 288,176 | $4.536M | 2.0% | $12.03 | +42.2% | Equity | 671807105 |
| FXNC | First National Corp/VA | 284,751 | $4.271M | 1.9% | $16.17 | -0.2% | Equity | 32106V107 |
| RF | Regions Financial Corp | 463,383 | $4.157M | 1.8% | $8.86 | +23.8% | Equity | 7591EP100 |
| BRBS | Blue Ridge Bankshares Inc | 241,119 | $3.846M | 1.7% | $9.47 | +18.2% | Equity | 095825105 |
| WTBFB | WTB Financial Corp | 14,641 | $3.815M | 1.7% | $358.02 | -1.6% | Equity | 929334209 |
| FBTT | First Bankers Trustshares Inc | 146,250 | $3.803M | 1.7% | $25.97 | -4.1% | Equity | 31929F109 |
| FMBL | Farmers & Merchants Bank of Lo | 626 | $3.693M | 1.6% | $6977.66 | -6.7% | Equity | 308243104 |
| ZION | Zions Bancorp NA | 138,000 | $3.693M | 1.6% | $36.84 | +11.8% | Equity | 989701107 |
| MSBC | Mission Bancorp/Bakersfield CA | 53,040 | $3.554M | 1.5% | $70.85 | -0.4% | Equity | 605015106 |
| FGFH | Foresight Financial Group Inc | 139,757 | $3.418M | 1.5% | $30.78 | -3.2% | Equity | 345526107 |
| — | Santa Cruz County Bank | 90,771 | $3.29M | 1.4% | $49.34 | — | Equity | 801827106 |
| FMBH | First Mid Bancshares Inc | 131,900 | $3.131M | 1.4% | $31.39 | -18.9% | Equity | 320866106 |
| ORPB | Oregon Pacific Bancorp | 676,412 | $3.051M | 1.3% | $5.38 | +6.9% | Equity | 686040205 |
| — | York Traditions Bank | 209,048 | $2.977M | 1.3% | $18.87 | — | Equity | 987159100 |
| — | West Suburban Bancorp Inc | 7,697 | $2.902M | 1.3% | $586.59 | — | Equity | 956152409 |
| CMA | Comerica Inc | 95,235 | $2.794M | 1.2% | $42.62 | -5.1% | Equity | 200340107 |
| — | Pinnacle Financial Partners In | 74,152 | $2.784M | 1.2% | $37.54 | — | Equity | 72346Q104 |
| — | Community Bank of the Bay | 559,000 | $2.767M | 1.2% | $6.80 | — | Equity | 203485107 |
| PGC | Peapack-Gladstone Financial Co | 153,209 | $2.75M | 1.2% | $25.73 | -1.6% | Equity | 704699107 |
| HTBK | Heritage Commerce Corp | 337,034 | $2.585M | 1.1% | $12.13 | -12.8% | Equity | 426927109 |
| CFG | Citizens Financial Group Inc | 135,100 | $2.54M | 1.1% | $26.11 | -4.0% | Equity | 174610105 |
| CSHX | Cashmere Valley Bank | 57,397 | $2.525M | 1.1% | $45.67 | +7.0% | Equity | 14756K102 |
| SOBS | Solvay Bank | 83,173 | $2.495M | 1.1% | $25.62 | -2.8% | Equity | 83441Q105 |
| MBCN | Middlefield Banc Corp | 156,348 | $2.472M | 1.1% | $19.61 | -4.0% | Equity | 596304204 |
| — | Bank of Southern California NA | 275,000 | $2.409M | 1.0% | $13.20 | — | Equity | 065104101 |
| OXBC | Oxford Bank Corp/MI | 133,788 | $2.381M | 1.0% | $17.82 | +29.3% | Equity | 69140P100 |
| — | Synovus Financial Corp | 130,000 | $2.283M | 1.0% | $35.00 | — | Equity | 87161C501 |
| SABK | South Atlantic Bancshares Inc | 284,508 | $2.276M | 1.0% | $12.04 | -4.8% | Equity | 83636T104 |
| VLY | Valley National Bancorp | 304,810 | $2.228M | 1.0% | $12.47 | -21.6% | Equity | 919794107 |
| MNAT | Marquette National Corp | 95,725 | $2.202M | 1.0% | $32.45 | -4.9% | Equity | 571599109 |
| — | SouthCrest Financial Group Inc | 333,317 | $2.19M | 1.0% | $9.90 | — | Equity | 84129X107 |
| — | Heartland BancCorp | 39,719 | $2.169M | 0.9% | $79.30 | — | Equity | 421962101 |
| — | Iowa First Bancshares Corp | 68,180 | $2.165M | 0.9% | $35.50 | — | Equity | 46246F202 |
| CYVF | Crystal Valley Financial Corp | 51,308 | $2.163M | 0.9% | $40.52 | +10.6% | Equity | 22941P100 |
| — | Delmarva Bancshares Inc | 366,662 | $2.127M | 0.9% | $7.85 | — | Equity | 247100100 |
| — | Beach Community Bank | 600,000 | $2.1M | 0.9% | $4.87 | — | Equity | 07332N103 |
| FSRL | First Reliance Bancshares Inc | 381,677 | $2.099M | 0.9% | $6.60 | +9.6% | Equity | 33615Q100 |
| — | Fentura Financial Inc | 136,364 | $2.08M | 0.9% | $19.45 | — | Equity | 314645102 |
| — | 1st Constitution Bancorp | 154,298 | $2.044M | 0.9% | $18.99 | — | Equity | 31986N102 |
| SNLC | Security National Corp/IA | 20,400 | $2.04M | 0.9% | $131.02 | +3.2% | Equity | 814784104 |
| BWFG | Bankwell Financial Group Inc | 132,682 | $2.025M | 0.9% | $22.31 | -4.1% | Equity | 06654A103 |
| FMFG | Farmers and Merchants Bancshar | 147,637 | $2M | 0.9% | $14.18 | -1.8% | Equity | 308856103 |
| — | Bay Banks of Virginia Inc | 362,744 | $1.977M | 0.9% | $7.35 | — | Equity | 072035108 |
| RWCB | Redwood Capital Bancorp | 174,478 | $1.954M | 0.9% | $16.92 | -0.1% | Equity | 75777X100 |
| — | California Bancorp Inc | 166,064 | $1.951M | 0.8% | $18.88 | — | Equity | 13005U101 |
| — | Heritage Southeast BanCorp Inc | 155,105 | $1.908M | 0.8% | $21.50 | — | Equity | 42727V105 |
| — | American River Bankshares | 205,235 | $1.769M | 0.8% | $15.45 | — | Equity | 029326105 |
| LFGP | Ledyard Financial Group Inc | 95,578 | $1.768M | 0.8% | $21.58 | +11.4% | Equity | 523338101 |
| WDFN | Woodlands Financial Services C | 77,506 | $1.725M | 0.8% | $21.83 | +9.9% | Equity | 979685104 |
| — | Cornerstone Community Bancorp | 121,379 | $1.639M | 0.7% | $16.87 | — | Equity | 21925R108 |
| CBAF | Citba Financial Corp | 73,940 | $1.627M | 0.7% | $23.49 | +7.2% | Equity | 173024100 |
| TYFG | Tri-County Financial Group Inc | 53,281 | $1.598M | 0.7% | $35.13 | -2.4% | Equity | 89546P108 |
| FNRN | First Northern Community Banco | 196,263 | $1.592M | 0.7% | $9.24 | -4.2% | Equity | 335925103 |
| AVBH | Avidbank Holdings Inc | 100,006 | $1.575M | 0.7% | $22.35 | -0.7% | Equity | 05368J103 |
| UBAB | United BanCorp of Alabama Inc | 82,971 | $1.556M | 0.7% | $18.79 | +19.7% | Equity | 90944R100 |
| SMBC | Southern Missouri Bancorp Inc | 61,079 | $1.482M | 0.6% | $24.26 | +24.6% | Equity | 843380106 |
| TRCY | Tri City Bankshares Corp | 99,399 | $1.476M | 0.6% | $18.30 | — | Equity | 895364107 |
| SEBC | Southeastern Banking Corp | 79,016 | $1.462M | 0.6% | $13.29 | +15.3% | Equity | 84158P108 |
| — | Community West Bancshares | 233,611 | $1.423M | 0.6% | $9.24 | — | Equity | 204157101 |
| EMYB | Embassy Bancorp Inc | 130,486 | $1.362M | 0.6% | $12.86 | +12.2% | Equity | 290791102 |
| PMHG | Prime Meridian Holding Co | 95,200 | $1.338M | 0.6% | $17.75 | -3.4% | Equity | 74164R107 |
| — | Community Financial Corp/The | 59,347 | $1.312M | 0.6% | $29.00 | — | Equity | 20368X101 |
| PBNK | Pinnacle Bank/Gilroy CA | 176,566 | $1.298M | 0.6% | $11.52 | -8.8% | Equity | 72346K107 |
| — | Town and Country Financial Cor | 71,286 | $1.283M | 0.6% | $19.33 | — | Equity | 892039108 |
| — | MNB Corp | 32,046 | $1.282M | 0.6% | $32.82 | — | Equity | 553104100 |
| RRBI | Red River Bancshares Inc | 34,173 | $1.272M | 0.6% | $45.75 | +9.5% | Equity | 75686R202 |
| CNND | Canandaigua National Corp | 7,001 | $1.26M | 0.5% | $136.39 | +13.6% | Equity | 137143103 |
| SFIGA | Star Financial Group Inc | 22,765 | $1.252M | 0.5% | $62.43 | +5.2% | Equity | 855121109 |
| NODB | North Dallas Bank & Trust Co | 21,759 | $1.197M | 0.5% | $82.99 | — | Equity | 659012108 |
| — | Citizens Commerce Bancshares I | 190,982 | $1.194M | 0.5% | $6.50 | — | Equity | 17452P200 |
| — | Comunibanc Corp | 48,238 | $1.109M | 0.5% | $30.78 | — | Equity | 205846108 |
| — | Farmers Bankshares Inc | 85,070 | $1.106M | 0.5% | $17.89 | — | Equity | 309479103 |
| — | Bank of Fincastle/The | 486,486 | $1.07M | 0.5% | $2.26 | — | Equity | 062113105 |
| SMAL | Summit Bancshares Inc/CA | 42,458 | $1.053M | 0.5% | $47.27 | -31.5% | Equity | 866010101 |
| FFDF | FFD Financial Corp | 17,973 | $1.007M | 0.4% | $13.61 | +39.0% | Equity | 30243C107 |
| — | Surrey Bancorp | 98,456 | $994K | 0.4% | $14.51 | — | Equity | 86888W105 |
| GNRV | Grand River Commerce Inc | 212,727 | $968K | 0.4% | $6.56 | -10.0% | Equity | 386441109 |
| BYLB | Boyle Bancorp Inc | 16,050 | $963K | 0.4% | $59.74 | +1.6% | Equity | 103442109 |
| DBIN | Dacotah Banks Inc | 38,427 | $961K | 0.4% | $33.07 | -15.7% | Equity | 233422104 |
| — | Delmar Bancorp | 157,059 | $872K | 0.4% | $7.11 | — | Equity | 247035207 |
| CZBC | Citizens Bancorp/OR | 66,917 | $847K | 0.4% | $15.64 | -5.6% | Equity | 172950107 |
| CNBB | CNB Community Bancorp Inc | 29,678 | $846K | 0.4% | $30.37 | +0.5% | Equity | 12618F105 |
| UNTN | United Tennessee Bankshares In | 44,463 | $711K | 0.3% | $17.22 | +4.0% | Equity | 91307P202 |
| — | Macatawa Bank Corp | 95,000 | $676K | 0.3% | $7.12 | — | Equity | 554225102 |
| — | Wayne Savings Bancshares Inc | 37,584 | $620K | 0.3% | $20.56 | — | Equity | 94624Q101 |
| — | Central Valley Community Banco | 47,364 | $618K | 0.3% | $19.96 | — | Equity | 155685100 |
| — | Enterprise Bancorp Inc/MA | 22,585 | $610K | 0.3% | $27.01 | — | Equity | 293668109 |
| ALPIB | Alpine Banks of Colorado | 173 | $590K | 0.3% | $4574.22 | — | Equity | 020810107 |
| MDVT | Middlebury National Corp | 18,783 | $582K | 0.3% | $36.62 | +1.9% | Equity | 596237107 |
| — | Denver Bankshares Inc | 1,983 | $535K | 0.2% | $275.84 | — | Equity | 249082108 |
| MCBI | Mountain Commerce Bancorp Inc | 33,197 | $503K | 0.2% | $16.93 | +10.5% | Equity | 624004107 |
| FCOB | 1st Colonial Bancorp Inc | 108,920 | $479K | 0.2% | $12.17 | -26.5% | Equity | 319716106 |
| — | 1st Capital Bank | 39,591 | $377K | 0.2% | $12.37 | — | Equity | 31944C107 |
| — | Cecil Bancorp Inc | 367,501 | $368K | 0.2% | $1.50 | — | Equity | 149841306 |
| SCYT | Security Bancorp Inc/TN | 6,914 | $360K | 0.2% | $56.84 | +2.8% | Equity | 81377P109 |
| BSPA | Ballston Spa Bancorp Inc | 6,864 | $321K | 0.1% | $45.00 | +11.3% | Equity | 058701103 |
| WFCL | 1867 Western Financial Corp | 57 | $285K | 0.1% | $7561.07 | +3.7% | Equity | 282518109 |
| BBBK | Baker Boyer Bancorp | 4,793 | $271K | 0.1% | $48.11 | +10.8% | Equity | 057124109 |
| CHBH | Croghan Bancshares Inc | 7,269 | $241K | 0.1% | $38.13 | +0.3% | Equity | 227072105 |
| KRE | SPDR S&P Regional Banking ETF | 40,000 | $110K | 0.0% | $2.75 | — | Com | 78464A698 |
| FOTB | First Ottawa Bancshares Inc | 1,107 | $58,000 | 0.0% | $62.68 | +1.0% | Equity | 335876108 |
| — | ZIONS BANCORP NA | 55,000 | $18,000 | 0.0% | $11.75 | — | Warrant | 989701115 |
| BSSC | Bank of Southside Virginia Cor | 40 | $6,000 | 0.0% | $328.91 | -17.0% | Equity | 065121105 |