Location: Evanston, IL
CIK: 0001694886 · Show all filings
Period: Q2 2026 (← Previous)
Filing Date: Aug 14, 2026
Total Value: $413M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| — | Steele Bancorp Inc | 27,399 | $1.178M | 0.3% | — | — | Com | 598580108 |
| FCBM | First Carolina Financial Servi | 45,800 | $606K | 0.1% | — | — | Com | 31943F200 |
| CTUY | Century Next Financial Corp | 9,119 | $602K | 0.1% | — | — | Com | 156635104 |
| NIDB | Northeast Indiana Bancorp Inc | 4,451 | $105K | 0.0% | — | — | Com | 664196201 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| MSBC | Mission Bancorp/Bakersfield CA | 90,542 (+5.0%) | $9.507M (+11.9%) | 2.3% | — | — | Com | 605015106 |
| CCBC | Chino Commercial Bancorp | 275,095 (+20.0%) | $4.745M (+18.3%) | 1.1% | — | — | Com | 16957L102 |
| WDFN | Woodlands Financial Services C | 77,672 (+4.4%) | $2.486M (+22.0%) | 0.6% | — | — | Com | 979685104 |
| DIMC | Dimeco Inc | 24,734 (+25.3%) | $1.361M (+48.1%) | 0.3% | — | — | Com | 25432W104 |
| EDVR | Endeavor Bancorp | 136,000 (+2.0%) | $2.471M (+21.6%) | 0.6% | — | — | Com | 29260B109 |
| HCBC | High Country Bancorp Inc | 33,039 (+23.7%) | $1.388M (+45.4%) | 0.3% | — | — | Com | 42965Q107 |
| CYFL | Century Financial Corp/MA | 50,039 (+20.7%) | $2.327M (+20.0%) | 0.6% | — | — | Com | 15652L102 |
| CFFI | C&F Financial Corp | 14,855 (+19.8%) | $1.188M (+31.4%) | 0.3% | — | — | Com | 12466Q104 |
| CHBH | Croghan Bancshares Inc | 6,050 (+140.3%) | $370K (+157.9%) | 0.1% | — | — | Com | 227072105 |
| CYVF | Crystal Valley Financial Corp | 56,945 (+4.6%) | $4.445M (+4.7%) | 1.1% | — | — | Com | 22941P100 |
| FGFH | Foresight Financial Group Inc | 14,230 (+29.4%) | $679K (+36.5%) | 0.2% | — | — | Com | 345526107 |
| SOME | Somerset Trust Holding Co | 3,694 (+80.7%) | $276K (+92.6%) | 0.1% | — | — | Com | 835126103 |
| CBTN | Citizens Bancorp Investment In | 6,067 (+111.6%) | $212K (+129.0%) | 0.1% | — | — | Com | 17315T100 |
| SVBT | SVB&T Corporation | 7,080 (+8.9%) | $471K (+17.8%) | 0.1% | — | — | Com | 784866105 |
| HLFN | Home Loan Financial Corp | 15,964 (+4.4%) | $693K (+10.1%) | 0.2% | — | — | Com | 437183205 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| CFG | Citizens Financial Group Inc | 92,831 | $5.567M | 1.3% | — | — | — | 174610105 |
| FITB | Fifth Third Bancorp | 74,922 | $3.481M | 0.8% | — | — | — | 316773100 |
| — | Northeast Indiana Bancorp Inc | 1,447 | $32,413 | 0.0% | — | — | — | 664196102 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| RRBI | Red River Bancshares Inc | 48,446 (-27.1%) | $4.422M (-26.4%) | 1.1% | — | — | Com | 75686R202 |
| OVLY | Oak Valley Bancorp | 263,847 (-18.4%) | $8.904M (-15.1%) | 2.2% | — | — | Com | 671807105 |
| SHBI | Shore Bancshares Inc | 99,713 (-48.9%) | $2.288M (-37.3%) | 0.6% | — | — | Com | 825107105 |
| FXNC | First National Corp/VA | 208,687 (-24.4%) | $6.265M (-15.7%) | 1.5% | — | — | Com | 32106V107 |
| CSHX | Cashmere Valley Bank | 75,597 (-17.5%) | $6.124M (-10.4%) | 1.5% | — | — | Com | 14756K102 |
| BCAL | California BanCorp | 156,362 (-25.0%) | $3.259M (-11.8%) | 0.8% | — | — | Com | 84252A106 |
| RWCB | Redwood Capital Bancorp | 181,278 (-2.7%) | $5.687M (+0.9%) | 1.4% | — | — | Com | 75777X100 |
| FCAP | First Capital Inc | 49,947 (-23.7%) | $3.229M (-0.6%) | 0.8% | — | — | Com | 31942S104 |
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| PLBC | Plumas Bancorp | 239,006 | $13.97M | 3.4% | — | — | Com | 729273102 |
| EXSR | Exchange Bank/Santa Rosa CA | 69,895 | $11.53M | 2.8% | — | — | Com | 301227203 |
| FSBC | Five Star Bancorp | 134,847 | $6.566M | 1.6% | — | — | Com | 33830T103 |
| TSBK | Timberland Bancorp Inc/WA | 230,847 | $10.34M | 2.5% | — | — | Com | 887098101 |
| FOTB | First Ottawa Bancshares Inc | 39,908 | $8.66M | 2.1% | — | — | Com | 335876108 |
| BWFG | Bankwell Financial Group Inc | 116,138 | $6.823M | 1.7% | — | — | Com | 06654A103 |
| ZION | Zions Bancorp NA | 101,290 | $7.009M | 1.7% | — | — | Com | 989701107 |
| SMBC | Southern Missouri Bancorp Inc | 79,314 | $6.045M | 1.5% | — | — | Com | 843380106 |
| HBT | HBT Financial Inc | 182,331 | $5.833M | 1.4% | — | — | Com | 404111106 |
| SBNC | Southern BancShares NC Inc | 1,100 | $13.64M | 3.3% | — | — | Com | 842243107 |
| FINN | First National of Nebraska Inc | 500 | $9.175M | 2.2% | — | — | Com | 335720108 |
| FMBH | First Mid Bancshares Inc | 128,404 | $6.175M | 1.5% | — | — | Com | 320866106 |
| FCNCA | First Citizens BancShares Inc/ | 4,344 | $9.039M | 2.2% | — | — | Com | 31946M103 |
| MFGI | Merchants Financial Group Inc | 209,160 | $8.178M | 2.0% | — | — | Com | 588538108 |
| CBK | Commercial Bancgroup Inc | 133,664 | $4.316M | 1.0% | — | — | Com | 20112C106 |
| TYFG | Tri-County Financial Group Inc | 61,917 | $3.978M | 1.0% | — | — | Com | 89546P108 |
| WCCB | West Coast Community Bancorp | 295,357 | $14.65M | 3.5% | — | — | Com | 952170108 |
| COLB | Columbia Banking System Inc | 156,302 | $5.009M | 1.2% | — | — | Com | 197236102 |
| CMHF | Community Heritage Financial I | 129,000 | $4.515M | 1.1% | — | — | Com | 20370L103 |
| CCNB | Coastal Carolina Bancshares In | 230,000 | $3.625M | 0.9% | — | — | Com | 190435107 |
| PKBK | Parke Bancorp Inc | 144,817 | $4.802M | 1.2% | — | — | Com | 700885106 |
| HBNC | Horizon Bancorp Inc/IN | 200,000 | $3.998M | 1.0% | — | — | Com | 440407104 |
| FNB | FNB Corp/PA | 262,593 | $5.01M | 1.2% | — | — | Com | 302520101 |
| FMCB | Farmers & Merchants Bancorp/Lo | 3,662 | $4.713M | 1.1% | — | — | Com | 307795104 |
| VLY | Valley National Bancorp | 255,540 | $3.744M | 0.9% | — | — | Com | 919794107 |
| MBWM | Mercantile Bank Corp | 83,966 | $4.822M | 1.2% | — | — | Com | 587376104 |
| PBKX | Partners Bank of California | 134,955 | $2.281M | 0.6% | — | — | Com | 70212Y102 |
| WTFC | Wintrust Financial Corp | 24,284 | $3.903M | 0.9% | — | — | Com | 97650W108 |
| OSBC | Old Second Bancorp Inc | 163,038 | $3.805M | 0.9% | — | — | Com | 680277100 |
| TBBK | Bancorp Inc/The | 54,465 | $3.412M | 0.8% | — | — | Com | 05969A105 |
| CCNE | CNB Financial Corp/PA | 100,000 | $3.373M | 0.8% | — | — | Com | 126128107 |
| PFS | Provident Financial Services I | 189,706 | $4.485M | 1.1% | — | — | Com | 74386T105 |
| UBAB | United BanCorp of Alabama Inc | 81,896 | $4.508M | 1.1% | — | — | Com | 90944R100 |
| CWBC | Community West Bancshares | 127,116 | $3.414M | 0.8% | — | — | Com | 203937107 |
| MCHB | Mechanics Bancorp | 353,216 | $5.616M | 1.4% | — | — | Com | 43785V102 |
| IBOC | International Bancshares Corp | 45,725 | $3.473M | 0.8% | — | — | Com | 459044103 |
| PBAM | Private Bancorp of America Inc | 62,397 | $4.605M | 1.1% | — | — | Com | 74274F100 |
| FDBC | Fidelity D&D Bancorp Inc | 45,276 | $2.328M | 0.6% | — | — | Com | 31609R100 |
| SNLC | Security National Corp/IA | 18,476 | $3.774M | 0.9% | — | — | Com | 814784104 |
| WASH | Washington Trust Bancorp Inc | 120,049 | $4.379M | 1.1% | — | — | Com | 940610108 |
| INDB | Independent Bank Corp | 42,370 | $3.547M | 0.9% | — | — | Com | 453836108 |
| ARBV | American Riviera Bancorp | 183,328 | $4.675M | 1.1% | — | — | Com | 02933K103 |
| BANR | Banner Corp | 60,973 | $4.049M | 1.0% | — | — | Com | 06652V208 |
| SOBS | Solvay Bank | 76,296 | $2.481M | 0.6% | — | — | Com | 83441Q105 |
| CNBB | CNB Community Bancorp Inc | 68,411 | $3.435M | 0.8% | — | — | Com | 12618F105 |
| EMYB | Embassy Bancorp Inc | 152,639 | $3.259M | 0.8% | — | — | Com | 290791102 |
| PBNK | Pinnacle Bank/Gilroy CA | 211,708 | $3.737M | 0.9% | — | — | Com | 72346K107 |
| MSWV | Main Street Financial Services | 126,446 | $2.574M | 0.6% | — | — | Com | 56035X108 |
| OXBC | Oxford Bank Corp/MI | 135,499 | $5.928M | 1.4% | — | — | Com | 69140P100 |
| FSBW | FS Bancorp Inc | 52,441 | $2.276M | 0.6% | — | — | Com | 30263Y104 |
| BKOR | Oak Ridge Financial Services I | 122,152 | $3.781M | 0.9% | — | — | Com | 671768109 |
| JDVB | Jd Bancshares Inc | 78,056 | $2.737M | 0.7% | — | — | Com | 46591R108 |
| PVBK | Pacific Valley Bancorp | 216,257 | $1.979M | 0.5% | — | — | Com | 69503T103 |
| WTBFB | WTB Financial Corp | 12,672 | $5.019M | 1.2% | — | — | Com | 929334209 |
| CZBC | Citizens Bancorp/OR | 102,258 | $1.442M | 0.3% | — | — | Com | 172950107 |
| FCNCB | First Citizens BancShares Inc/ | 876 | $1.604M | 0.4% | — | — | Com | 31946M202 |
| STBK | Studio Financial Holdings Inc | 148,161 | $1.956M | 0.5% | — | — | Com | 864001102 |
| ORPB | Oregon Pacific Bancorp | 661,804 | $7.313M | 1.8% | — | — | Com | 686040205 |
| CYSM | Community Bancorp of Santa Mar | 172,595 | $3.331M | 0.8% | — | — | Com | 20344R103 |
| BSPA | Ballston Spa Bancorp Inc | 26,302 | $1.973M | 0.5% | — | — | Com | 058701103 |
| CBAF | Citba Financial Corp | 61,391 | $2.29M | 0.6% | — | — | Com | 173024100 |
| FMFG | Farmers and Merchants Bancshar | 68,906 | $1.241M | 0.3% | — | — | Com | 308856103 |
| FFDF | FFD Financial Corp | 52,988 | $2.389M | 0.6% | — | — | Com | 30243C107 |
| FTFI | First Berlin Bancorp Inc | 33,537 | $1.258M | 0.3% | — | — | Com | 319302105 |
| PPBB | Peoples Bancorp/WA | 5,000 | $1.175M | 0.3% | — | — | Com | 70979X107 |
| WFCL | 1867 Western Financial Corp | 79 | $711K | 0.2% | — | — | Com | 282518109 |
| CNND | Canandaigua National Corp | 9,580 | $2.08M | 0.5% | — | — | Com | 137143103 |
| MDVT | Middlebury National Corp | 26,217 | $1.197M | 0.3% | — | — | Com | 596237107 |
| BYLB | Boyle Bancorp Inc | 34,514 | $4.004M | 1.0% | — | — | Com | 103442109 |
| BCTF | Bancorp 34 Inc | 107,142 | $1.609M | 0.4% | — | — | Com | 05970V106 |
| SEBC | Southeastern Banking Corp | 120,149 | $3.431M | 0.8% | — | — | Com | 84158P108 |
| CNBP | Cornerstone Bancorp Inc/IL | 5,006 | $576K | 0.1% | — | — | Com | 21925H100 |
| ALPIB | Alpine Banks of Colorado | 143,174 | $6.765M | 1.6% | — | — | Com | 020810107 |
| TRCY | Tri City Bankshares Corp | 146,455 | $2.786M | 0.7% | — | — | Com | 895364107 |