Location: Evanston, IL
CIK: 0001694886 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 11, 2026
Total Value: $372M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WCCB | West Coast Community Bancorp | 295,357 | $12.92M | 3.5% | $39.13 | +6.7% | Com | 952170108 |
| SBNC | Southern BancShares NC Inc | 1,100 | $11.44M | 3.1% | $3473.92 | +190.8% | Com | 842243107 |
| PLBC | Plumas Bancorp | 239,006 | $10.68M | 2.9% | $20.91 | +105.2% | Com | 729273102 |
| OVLY | Oak Valley Bancorp | 323,187 | $9.715M | 2.6% | $13.16 | +114.4% | Com | 671807105 |
| FCNCA | First Citizens BancShares Inc/ | 4,344 | $9.323M | 2.5% | $1066.76 | +76.6% | Com | 31946M103 |
| EXSR | Exchange Bank/Santa Rosa CA | 69,895 | $8.737M | 2.3% | $124.78 | -3.9% | Com | 301227203 |
| TSBK | Timberland Bancorp Inc/WA | 230,847 | $8.264M | 2.2% | $15.89 | +110.2% | Com | 887098101 |
| MSBC | Mission Bancorp/Bakersfield CA | 86,231 | $8.106M | 2.2% | $74.26 | +27.2% | Com | 605015106 |
| ORPB | Oregon Pacific Bancorp | 661,804 | $7.472M | 2.0% | $5.64 | +91.3% | Com | 686040205 |
| FINN | First National of Nebraska Inc | 500 | $7.41M | 2.0% | $7658.32 | +83.2% | Com | 335720108 |
| PMHG | Prime Meridian Holding Co | 127,014 | $7.19M | 1.9% | $20.88 | +159.8% | Com | 74164R107 |
| FXNC | First National Corp/VA | 276,043 | $6.967M | 1.9% | $16.87 | +40.1% | Com | 32106V107 |
| CSHX | Cashmere Valley Bank | 91,597 | $6.755M | 1.8% | $47.30 | +44.7% | Com | 14756K102 |
| MFGI | Merchants Financial Group Inc | 209,160 | $6.599M | 1.8% | $23.82 | +19.1% | Com | 588538108 |
| FOTB | First Ottawa Bancshares Inc | 37,935 | $6.373M | 1.7% | $86.54 | +90.1% | Com | 335876108 |
| ZION | Zions Bancorp NA | 101,290 | $5.93M | 1.6% | $27.74 | +96.3% | Com | 989701107 |
| ALPIB | Alpine Banks of Colorado | 143,174 | $5.627M | 1.5% | $34.56 | +4.6% | Com | 020810107 |
| OXBC | Oxford Bank Corp/MI | 135,499 | $5.536M | 1.5% | $20.45 | +95.5% | Com | 69140P100 |
| CFG | Citizens Financial Group Inc | 92,831 | $5.422M | 1.5% | $26.11 | +105.2% | Com | 174610105 |
| BWFG | Bankwell Financial Group Inc | 116,138 | $5.321M | 1.4% | $23.22 | +93.3% | Com | 06654A103 |
| RWCB | Redwood Capital Bancorp | 186,278 | $5.309M | 1.4% | $17.14 | +62.3% | Com | 75777X100 |
| MCHB | Mechanics Bancorp | 353,216 | $5.168M | 1.4% | $13.30 | +4.5% | Com | 43785V102 |
| FMBH | First Mid Bancshares Inc | 128,404 | $5.008M | 1.3% | $30.88 | +22.1% | Com | 320866106 |
| FSBC | Five Star Bancorp | 134,847 | $4.825M | 1.3% | $19.65 | +75.0% | Com | 33830T103 |
| RRBI | Red River Bancshares Inc | 66,479 | $4.749M | 1.3% | $49.29 | +38.7% | Com | 75686R202 |
| CWBC | Community West Bancshares | 210,257 | $4.731M | 1.3% | $16.78 | +29.7% | Com | 203937107 |
| HBT | HBT Financial Inc | 182,331 | $4.713M | 1.3% | $20.32 | +21.5% | Com | 404111106 |
| SMBC | Southern Missouri Bancorp Inc | 79,314 | $4.689M | 1.3% | $30.75 | +79.0% | Com | 843380106 |
| WTBFB | WTB Financial Corp | 12,672 | $4.511M | 1.2% | $356.02 | -4.6% | Com | 929334209 |
| FNB | FNB Corp/PA | 262,593 | $4.49M | 1.2% | $11.91 | +36.6% | Com | 302520101 |
| COLB | Columbia Banking System Inc | 156,302 | $4.369M | 1.2% | $17.90 | +50.0% | Com | 197236102 |
| UBAB | United BanCorp of Alabama Inc | 81,896 | $4.345M | 1.2% | $21.06 | +153.4% | Com | 90944R100 |
| ARBV | American Riviera Bancorp | 183,328 | $4.308M | 1.2% | $18.18 | +23.4% | Com | 02933K103 |
| PBNK | Pinnacle Bank/Gilroy CA | 211,708 | $4.097M | 1.1% | $11.16 | +76.1% | Com | 72346K107 |
| CYVF | Crystal Valley Financial Corp | 54,445 | $4.083M | 1.1% | $44.26 | +63.6% | Com | 22941P100 |
| FMCB | Farmers & Merchants Bancorp/Lo | 3,662 | $4.072M | 1.1% | $955.24 | +9.4% | Com | 307795104 |
| MBWM | Mercantile Bank Corp | 83,966 | $4.039M | 1.1% | $46.11 | -0.5% | Com | 587376104 |
| FCAP | First Capital Inc | 66,559 | $3.94M | 1.1% | $25.55 | +92.7% | Com | 31942S104 |
| BCAL | California BanCorp | 208,556 | $3.894M | 1.0% | $8.92 | +105.1% | Com | 84252A106 |
| CCBC | Chino Commercial Bancorp | 229,046 | $3.882M | 1.0% | $10.44 | +58.3% | Com | 16957L102 |
| BANR | Banner Corp | 60,973 | $3.821M | 1.0% | $48.98 | +27.5% | Com | 06652V208 |
| BYLB | Boyle Bancorp Inc | 34,514 | $3.797M | 1.0% | $69.89 | +47.9% | Com | 103442109 |
| PFS | Provident Financial Services I | 189,706 | $3.747M | 1.0% | $13.26 | +43.4% | Com | 74386T105 |
| PKBK | Parke Bancorp Inc | 144,817 | $3.626M | 1.0% | $18.41 | +21.4% | Com | 700885106 |
| BKOR | Oak Ridge Financial Services I | 122,152 | $3.622M | 1.0% | $17.03 | +64.9% | Com | 671768109 |
| PBAM | Private Bancorp of America Inc | 62,397 | $3.586M | 1.0% | $38.17 | +50.1% | Com | 74274F100 |
| WASH | Washington Trust Bancorp Inc | 120,049 | $3.547M | 1.0% | $22.73 | +22.8% | Com | 940610108 |
| CMA | Comerica Inc | 40,145 | $3.49M | 0.9% | $42.62 | +87.7% | Com | 200340107 |
| SHBI | Shore Bancshares Inc | 195,287 | $3.453M | 0.9% | $12.12 | +38.4% | Com | 825107105 |
| CMHF | Community Heritage Financial I | 129,000 | $3.451M | 0.9% | $21.00 | +34.1% | Com | 20370L103 |
| WTFC | Wintrust Financial Corp | 24,284 | $3.395M | 0.9% | $104.28 | +27.5% | Com | 97650W108 |
| HBNC | Horizon Bancorp Inc/IN | 200,000 | $3.392M | 0.9% | $16.20 | +2.2% | Com | 440407104 |
| CBK | Commercial Bancgroup Inc | 133,664 | $3.283M | 0.9% | $24.55 | 0.0% | Com | 20112C106 |
| SNLC | Security National Corp/IA | 18,476 | $3.196M | 0.9% | $131.49 | +32.1% | Com | 814784104 |
| OSBC | Old Second Bancorp Inc | 163,038 | $3.179M | 0.9% | $12.35 | +50.5% | Com | 680277100 |
| INDB | Independent Bank Corp | 42,370 | $3.096M | 0.8% | $48.26 | +46.1% | Com | 453836108 |
| TYFG | Tri-County Financial Group Inc | 61,917 | $3.08M | 0.8% | $36.77 | +30.3% | Com | 89546P108 |
| IBOC | International Bancshares Corp | 45,725 | $3.038M | 0.8% | $67.01 | 0.0% | Com | 459044103 |
| CYSM | Community Bancorp of Santa Mar | 172,595 | $3.02M | 0.8% | $11.32 | +41.0% | Com | 20344R103 |
| SEBC | Southeastern Banking Corp | 120,149 | $3.01M | 0.8% | $16.51 | +47.8% | Com | 84158P108 |
| VLY | Valley National Bancorp | 255,540 | $2.985M | 0.8% | $12.47 | -11.0% | Com | 919794107 |
| TRCY | Tri City Bankshares Corp | 146,455 | $2.967M | 0.8% | $15.88 | — | Com | 895364107 |
| CNBB | CNB Community Bancorp Inc | 63,205 | $2.794M | 0.8% | $33.40 | +31.1% | Com | 12618F105 |
| EMYB | Embassy Bancorp Inc | 152,639 | $2.748M | 0.7% | $13.87 | +27.0% | Com | 290791102 |
| CCNB | Coastal Carolina Bancshares In | 230,000 | $2.665M | 0.7% | $12.52 | 0.0% | Com | 190435107 |
| CCNE | CNB Financial Corp/PA | 100,000 | $2.617M | 0.7% | $22.98 | +9.9% | Com | 126128107 |
| JDVB | Jd Bancshares Inc | 73,384 | $2.28M | 0.6% | $22.79 | +26.0% | Com | 46591R108 |
| CBAF | Citba Financial Corp | 61,391 | $2.278M | 0.6% | $23.49 | +38.2% | Com | 173024100 |
| TBBK | Bancorp Inc/The | 33,465 | $2.26M | 0.6% | $60.94 | +13.2% | Com | 05969A105 |
| MSWV | Main Street Financial Services | 126,446 | $2.185M | 0.6% | $15.00 | +12.2% | Com | 56035X108 |
| FSBW | FS Bancorp Inc | 52,441 | $2.159M | 0.6% | $39.98 | -0.5% | Com | 30263Y104 |
| SOBS | Solvay Bank | 76,296 | $2.144M | 0.6% | $25.92 | +14.8% | Com | 83441Q105 |
| PVBK | Pacific Valley Bancorp | 216,257 | $2.143M | 0.6% | $9.36 | +9.5% | Com | 69503T103 |
| CNND | Canandaigua National Corp | 9,580 | $2.012M | 0.5% | $152.12 | +31.7% | Com | 137143103 |
| WDFN | Woodlands Financial Services C | 74,372 | $1.982M | 0.5% | $21.62 | +19.8% | Com | 979685104 |
| CYFL | Century Financial Corp/MA | 41,468 | $1.912M | 0.5% | $34.55 | +33.0% | Com | 15652L102 |
| BSPA | Ballston Spa Bancorp Inc | 26,302 | $1.798M | 0.5% | $45.75 | +53.6% | Com | 058701103 |
| STBK | Studio Financial Holdings Inc | 148,161 | $1.744M | 0.5% | $12.30 | -6.3% | Com | 864001102 |
| FFDF | FFD Financial Corp | 47,671 | $1.717M | 0.5% | $30.30 | +19.5% | Com | 30243C107 |
| FINW | Finwise Bancorp | 91,588 | $1.643M | 0.4% | $10.77 | +69.6% | Com | 31813A109 |
| FCNCB | First Citizens BancShares Inc/ | 876 | $1.551M | 0.4% | $1050.73 | +56.6% | Com | 31946M202 |
| PBKX | Partners Bank of California | 128,855 | $1.527M | 0.4% | $10.60 | +6.9% | Com | 70212Y102 |
| BCTF | Bancorp 34 Inc | 107,142 | $1.452M | 0.4% | $12.83 | +5.1% | Com | 05970V106 |
| MDVT | Middlebury National Corp | 26,217 | $1.174M | 0.3% | $33.52 | +21.4% | Com | 596237107 |
| FMFG | Farmers and Merchants Bancshar | 68,906 | $1.171M | 0.3% | $11.97 | +36.9% | Com | 308856103 |
| PPBB | Peoples Bancorp/WA | 5,000 | $1.055M | 0.3% | $164.29 | +21.7% | Com | 70979X107 |
| CZBC | Citizens Bancorp/OR | 102,258 | $1.033M | 0.3% | $13.52 | -28.3% | Com | 172950107 |
| FDBC | Fidelity D&D Bancorp Inc | 21,363 | $930K | 0.2% | $43.68 | +0.1% | Com | 31609R100 |
| FTFI | First Berlin Bancorp Inc | 25,537 | $849K | 0.2% | $30.93 | +4.4% | Com | 319302105 |
| CNBP | Cornerstone Bancorp Inc/IL | 5,006 | $701K | 0.2% | $76.23 | +55.9% | Com | 21925H100 |
| — | Cecil Bancorp Inc | 367,501 | $643K | 0.2% | $1.50 | — | Com | 149841306 |
| CFFI | C&F Financial Corp | 6,890 | $500K | 0.1% | $69.40 | 0.0% | Com | 12466Q104 |
| WFCL | 1867 Western Financial Corp | 79 | $490K | 0.1% | $7369.74 | +14.8% | Com | 282518109 |
| FGFH | Foresight Financial Group Inc | 11,000 | $457K | 0.1% | $35.15 | +9.1% | Com | 345526107 |
| DIMC | Dimeco Inc | 8,165 | $357K | 0.1% | $41.67 | 0.0% | Com | 25432W104 |
| HCBC | High Country Bancorp Inc | 8,400 | $306K | 0.1% | $34.01 | 0.0% | Com | 42965Q107 |
| HLFN | Home Loan Financial Corp | 5,151 | $181K | 0.0% | $33.05 | +1.6% | Com | 437183205 |
| MBLU | Morris State BancShares Inc | 5,000 | $124K | 0.0% | $18.06 | +32.4% | Com | 618304109 |
| LFGP | Ledyard Financial Group Inc | 5,590 | $83,682 | 0.0% | $21.89 | -34.2% | Com | 523338101 |
| CBTN | Citizens Bancorp Investment In | 600 | $18,180 | 0.0% | $29.83 | 0.0% | Com | 17315T100 |