Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BPOP	POPULAR INC	14,600 (+46.0%)	$2.397M (+78.7%)	3.5%	$100.64	—	COM NEW	733174700
CHYM	CHIME FINL INC	97,000 (+90.2%)	$1.987M (+108.0%)	2.9%	$21.12	—	COM SHS CL A	16935C109
CCB	COASTAL FINL CORP WA	145,140 (+3.6%)	$11.25M (+5.5%)	16.4%	$47.12	—	COM NEW	19046P209
PFFA	ETFIS SER TR I	14,000 (+600.0%)	$288K (+607.2%)	0.4%	$20.54	—	VIRTUS INFRCAP	26923G822
FOUR	SHIFT4 PMTS INC	5,509 (+982.3%)	$268K (+1103.8%)	0.4%	$50.24	—	CL A	82452J109
FIGR	FIGURE TECHNOLOGY SOLUTIO	27,100 (+17.3%)	$832K (+6.1%)	1.2%	$46.61	—	COM CL A	349381103

Exited Positions (12)

XLF SELECT SECTOR SPDR TR 36.0%

Value $24.68M Shares 500,000 Est. Cost — Unrealized —

COF CAPITAL ONE FINL CORP 1.3%

Value $912K Shares 5,000 Est. Cost $223.24 Unrealized —

FLG FLAGSTAR BANK NATIONAL ASSOC 0.8%

Value $540K Shares 41,000 Est. Cost — Unrealized —

BCBP BCB BANCORP INC 0.8%

Value $539K Shares 60,000 Est. Cost — Unrealized —

FNB F N B CORP 0.7%

Value $502K Shares 30,000 Est. Cost $17.81 Unrealized —

CHYM CHIME FINL INC 0.5%

Value $375K Shares 20,000 Est. Cost $21.12 Unrealized —

HYZD WISDOMTREE TR 0.1%

Value $70,872 Shares 3,220 Est. Cost $22.01 Unrealized —

KRE SPDR SERIES TRUST 0.1%

Value $39,090 Shares 600 Est. Cost $65.15 Unrealized —

UWMC UWM HOLDINGS CORPORATION 0.0%

Value $6,512 Shares 1,799 Est. Cost $5.32 Unrealized —

VLY VALLEY NATL BANCORP 0.0%

Value $6,140 Shares 500 Est. Cost $12.65 Unrealized —

TCBX THIRD COAST BANCSHARES INC 0.0%

Value $5,826 Shares 154 Est. Cost $40.43 Unrealized —

WSFS WSFS FINL CORP 0.0%

Value $2,291 Shares 35 Est. Cost $62.59 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLF	SELECT SECTOR SPDR TR	500,000	$24.68M	36.0%	—	—	CALL	81369Y605
COF	CAPITAL ONE FINL CORP	5,000	$912K	1.3%	$223.24	—	CALL	14040H105
FLG	FLAGSTAR BANK NATIONAL ASSOC	41,000	$540K	0.8%	—	—	PUT	649445400
BCBP	BCB BANCORP INC	60,000	$539K	0.8%	—	—	PUT	055298103
FNB	F N B CORP	30,000	$502K	0.7%	$17.81	—	—	302520101
CHYM	CHIME FINL INC	20,000	$375K	0.5%	$21.12	—	CALL	16935C109
HYZD	WISDOMTREE TR	3,220	$70,872	0.1%	$22.01	—	—	97717W430
KRE	SPDR SERIES TRUST	600	$39,090	0.1%	$65.15	—	—	78464A698
UWMC	UWM HOLDINGS CORPORATION	1,799	$6,512	0.0%	$5.32	—	—	91823B109
VLY	VALLEY NATL BANCORP	500	$6,140	0.0%	$12.65	—	—	919794107
TCBX	THIRD COAST BANCSHARES INC	154	$5,826	0.0%	$40.43	—	—	88422P109
WSFS	WSFS FINL CORP	35	$2,291	0.0%	$62.59	—	—	929328102

Decreased Positions (6)

FFBB FFB Bancorp 9.9%

Value $6.81M (-33.2%) Shares 79,413 (-33.3%) Est. Cost $83.22 Unrealized —

FIGR FIGURE TECHNOLOGY SOLUTIO 1.5%

Value $1.013M (-67.8%) Shares 33,000 (-64.4%) Est. Cost $46.61 Unrealized —

GDOT GREEN DOT CORP 3.7%

Value $2.506M (+8.7%) Shares 185,500 (-9.7%) Est. Cost $12.17 Unrealized —

EGBN EAGLE BANCORPORATION INC 6.5%

Value $4.483M (-1.4%) Shares 157,900 (-13.7%) Est. Cost $23.25 Unrealized —

EWBC EAST WEST BANCORP INC 4.0%

Value $2.727M (-2.2%) Shares 21,123 (-19.1%) Est. Cost $61.24 Unrealized —

COF CAPITAL ONE FINL CORP 5.4%

Value $3.671M (+0.1%) Shares 18,300 (-9.0%) Est. Cost $223.24 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
FFBB	FFB Bancorp	79,413 (-33.3%)	$6.81M (-33.2%)	9.9%	$83.22	—	COM	20344D104
FIGR	FIGURE TECHNOLOGY SOLUTIO	33,000 (-64.4%)	$1.013M (-67.8%)	1.5%	$46.61	—	CALL	349381103
GDOT	GREEN DOT CORP	185,500 (-9.7%)	$2.506M (+8.7%)	3.7%	$12.17	—	CL A	39304D102
EGBN	EAGLE BANCORPORATION INC	157,900 (-13.7%)	$4.483M (-1.4%)	6.5%	$23.25	—	COM	268948106
EWBC	EAST WEST BANCORP INC	21,123 (-19.1%)	$2.727M (-2.2%)	4.0%	$61.24	—	COM	27579R104
COF	CAPITAL ONE FINL CORP	18,300 (-9.0%)	$3.671M (+0.1%)	5.4%	$223.24	—	COM	14040H105

Unchanged Positions (5)

IVV ISHARES TR 33.2%

Value $22.8M Shares 30,450 Est. Cost $620.90 Unrealized —

NTB BANK OF N T BUTTERFIELD & SO 6.7%

Value $4.629M Shares 77,800 Est. Cost $40.31 Unrealized —

OSBC OLD SECOND BANCORP INC DEL 2.5%

Value $1.728M Shares 74,100 Est. Cost $17.86 Unrealized —

UWMC UWM HOLDINGS CORPORATION 0.2%

Value $103K Shares 45,000 Est. Cost $5.32 Unrealized —

NLY ANNALY CAPITAL MANAGEMENT IN 1.1%

Value $783K Shares 35,000 Est. Cost $18.82 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
IVV	ISHARES TR	30,450	$22.8M	33.2%	$620.90	—	CORE S&P500 ETF	464287200
NTB	BANK OF N T BUTTERFIELD & SO	77,800	$4.629M	6.7%	$40.31	—	SHS NEW	G0772R208
OSBC	OLD SECOND BANCORP INC DEL	74,100	$1.728M	2.5%	$17.86	—	COM	680277100
UWMC	UWM HOLDINGS CORPORATION	45,000	$103K	0.2%	$5.32	—	CALL	91823B109
NLY	ANNALY CAPITAL MANAGEMENT IN	35,000	$783K	1.1%	$18.82	—	COM NEW	035710839