Gator Capital Management, LLC Diversified Active

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VOYA	VOYA FINANCIAL INC	125,270	$9,331	1.9%	$72.55	0.0%	COM	929089100
TFSL	TFS FINL CORP	470,125	$6,290	1.3%	$13.52	0.0%	COM	87240R107
—	ROBINHOOD MKTS INC	1,750	$5,048	1.0%	—	—	PUT	770700952
ETN	EATON CORP PLC	15,461	$4,924	1.0%	$354.39	0.0%	SHS	G29183103
GL	GLOBE LIFE INC	34,395	$4,810	1.0%	$135.45	0.0%	COM	37959E102
—	UBS GROUP AG	2,711	$4,500	0.9%	—	—	CALL	H42097907
GOOGL	ALPHABET INC	14,052	$4,398	0.9%	$285.60	0.0%	CAP STK CL A	02079K305
PGR	PROGRESSIVE CORP	19,149	$4,361	0.9%	$212.34	0.0%	COM	743315103
JNJ	JOHNSON & JOHNSON	19,552	$4,046	0.8%	$197.01	0.0%	COM	478160104
PNR	PENTAIR PLC	35,671	$3,715	0.8%	$106.73	0.0%	SHS	G7S00T104
HD	HOME DEPOT INC	10,732	$3,693	0.7%	$364.59	0.0%	COM	437076102
ABT	ABBOTT LABS	28,826	$3,612	0.7%	$127.30	0.0%	COM	002824100
MRK	MERCK & CO INC	33,787	$3,556	0.7%	$93.24	0.0%	COM	58933Y105
EG	EVEREST GROUP LTD	9,581	$3,251	0.7%	$330.24	0.0%	COM	G3223R108
CHD	CHURCH & DWIGHT CO INC	36,073	$3,025	0.6%	$85.27	0.0%	COM	171340102
XOM	EXXON MOBIL CORP	23,838	$2,869	0.6%	$115.49	0.0%	COM	30231G102
BRO	BROWN & BROWN INC	33,171	$2,644	0.5%	$83.36	0.0%	COM	115236101
CARR	CARRIER GLOBAL CORPORATION	48,379	$2,556	0.5%	$55.53	0.0%	COM	14448C104
CACI	CACI INTL INC	4,796	$2,555	0.5%	$565.09	0.0%	CL A	127190304
REGN	REGENERON PHARMACEUTICALS	3,282	$2,533	0.5%	$678.68	0.0%	COM	75886F107
RTX	RTX CORPORATION	13,703	$2,513	0.5%	$173.32	0.0%	COM	75513E101
UNM	UNUM GROUP	31,557	$2,446	0.5%	$76.48	0.0%	COM	91529Y106
CBOE	CBOE GLOBAL MKTS INC	9,481	$2,380	0.5%	$248.74	0.0%	COM	12503M108
PJT	PJT PARTNERS INC	13,928	$2,329	0.5%	$170.86	0.0%	COM CL A	69343T107
TRMB	TRIMBLE INC	29,718	$2,328	0.5%	$79.69	0.0%	COM	896239100
SLB	SLB LIMITED	57,425	$2,204	0.4%	$36.06	0.0%	COM STK	806857108
LFUS	LITTELFUSE INC	8,691	$2,198	0.4%	$254.62	0.0%	COM	537008104
HON	HONEYWELL INTL INC	10,737	$2,095	0.4%	$195.03	0.0%	COM	438516106
AEM	AGNICO EAGLE MINES LTD	12,349	$2,094	0.4%	$167.85	0.0%	COM	008474108
PB	PROSPERITY BANCSHARES INC	29,681	$2,051	0.4%	$67.02	0.0%	COM	743606105
CI	THE CIGNA GROUP	7,369	$2,028	0.4%	$279.23	0.0%	COM	125523100
MKTX	MARKETAXESS HLDGS INC	11,119	$2,015	0.4%	$169.50	0.0%	COM	57060D108
JOE	ST JOE CO	32,583	$1,934	0.4%	$56.01	0.0%	COM	790148100
ABCB	AMERIS BANCORP	25,996	$1,931	0.4%	$74.22	0.0%	COM	03076K108
CL	COLGATE PALMOLIVE CO	21,910	$1,731	0.4%	$78.31	0.0%	COM	194162103
DRI	DARDEN RESTAURANTS INC	8,948	$1,647	0.3%	$182.09	0.0%	COM	237194105
ZBRA	ZEBRA TECHNOLOGIES CORPORATI	6,771	$1,644	0.3%	$267.42	0.0%	CL A	989207105
TXRH	TEXAS ROADHOUSE INC	9,731	$1,615	0.3%	$168.76	0.0%	COM	882681109
WSBC	WESBANCO INC	43,970	$1,462	0.3%	$32.32	0.0%	COM	950810101
KVUE	KENVUE INC	78,564	$1,355	0.3%	$16.26	0.0%	COM	49177J102
HHH	HOWARD HUGHES HOLDINGS INC	16,630	$1,327	0.3%	$82.83	0.0%	COM	44267T102
AXTA	AXALTA COATING SYS LTD	39,426	$1,274	0.3%	$29.34	0.0%	COM	G0750C108
PR	PERMIAN RESOURCES CORP	87,430	$1,227	0.2%	$13.43	0.0%	CLASS A COM	71424F105
PAYX	PAYCHEX INC	10,183	$1,142	0.2%	$116.54	0.0%	COM	704326107
FIS	FIDELITY NATL INFORMATION SV	9,206	$612	0.1%	$65.64	0.0%	COM	31620M106
MDLZ	MONDELEZ INTL INC	9,914	$534	0.1%	$57.06	0.0%	CL A	609207105
BAH	BOOZ ALLEN HAMILTON HLDG COR	5,868	$495	0.1%	$88.51	0.0%	CL A	099502106
USB	US BANCORP DEL	6,054	$323	0.1%	$48.72	0.0%	COM NEW	902973304
HPE	HEWLETT PACKARD ENTERPRISE C	9,000	$216	0.0%	$23.44	0.0%	COM	42824C109
FNB	F N B CORP	11,909	$204	0.0%	$16.27	0.0%	COM	302520101

Increased Positions (18)

UMBF UMB FINL CORP 3.2%

Value ($000) $15,660 (+30.2%) Shares 136,130 (+33.9%) Est. Cost $74.36 Unrealized +52.3%

MSFT MICROSOFT CORP 0.6%

Value ($000) $2,956 (+1182.7%) Shares 6,113 (+1273.7%) Est. Cost $495.62 Unrealized +1.0%

PRI PRIMERICA INC 0.6%

Value ($000) $2,880 (+1213.5%) Shares 11,149 (+1311.3%) Est. Cost $262.47 Unrealized -0.6%

AX AXOS FINANCIAL INC 3.1%

Value ($000) $15,193 (+16.5%) Shares 176,340 (+14.5%) Est. Cost $57.93 Unrealized +42.2%

WAL WESTERN ALLIANCE BANCORP 2.2%

Value ($000) $10,876 (+20.3%) Shares 129,365 (+24.1%) Est. Cost $68.99 Unrealized +16.9%

FFBC FIRST FINL BANCORP OH 1.5%

Value ($000) $7,408 (+32.2%) Shares 296,090 (+33.4%) Est. Cost $24.90 Unrealized -0.4%

CUBI CUSTOMERS BANCORP INC 2.4%

Value ($000) $12,016 (+13.6%) Shares 164,330 (+1.6%) Est. Cost $51.50 Unrealized +33.2%

XYZ BLOCK INC 0.4%

Value ($000) $2,020 (+92.6%) Shares 31,030 (+113.9%) Est. Cost $66.93 Unrealized +3.1%

KINS KINGSTONE COS INC 1.1%

Value ($000) $5,223 (+19.7%) Shares 310,327 (+4.6%) Est. Cost $6.53 Unrealized +132.1%

NAVI NAVIENT CORPORATION 0.2%

Value ($000) $1,134 (+117.0%) Shares 87,195 (+119.5%) Est. Cost $14.60 Unrealized -14.7%

INBK FIRST INTERNET BANCORP 0.3%

Value ($000) $1,577 (+51.4%) Shares 75,555 (+62.7%) Est. Cost $32.06 Unrealized -37.3%

UBS UBS GROUP AG 0.5%

Value ($000) $2,428 (+18.8%) Shares 52,430 (+5.2%) Est. Cost $32.43 Unrealized +24.6%

OFG OFG BANCORP 2.0%

Value ($000) $9,892 (-2.4%) Shares 241,396 (+3.5%) Est. Cost $22.02 Unrealized +85.9%

MDY SPDR S&P MIDCAP 400 ETF TR 0.2%

Value ($000) $1,223 (+13.6%) Shares 2,028 (+12.2%) Est. Cost $541.13 Unrealized —

RSP INVESCO EXCHANGE TRADED FD T 0.9%

Value ($000) $4,323 (+2.8%) Shares 22,569 (+1.8%) Est. Cost $135.68 Unrealized —

GROW U S GLOBAL INVS INC 0.4%

Value ($000) $2,008 (+4.2%) Shares 833,091 (+18.9%) Est. Cost $2.48 Unrealized +0.2%

OBT ORANGE CNTY BANCORP INC 0.1%

Value ($000) $583 (+14.6%) Shares 20,425 (+1.2%) Est. Cost $24.43 Unrealized +7.5%

PBFS PIONEER BANCORP INC MD 0.1%

Value ($000) $568 (+4.5%) Shares 42,100 (+1.2%) Est. Cost $11.04 Unrealized +21.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UMBF	UMB FINL CORP	136,130 (+33.9%)	$15,660 (+30.2%)	3.2%	$74.36	+52.3%	COM	902788108
MSFT	MICROSOFT CORP	6,113 (+1273.7%)	$2,956 (+1182.7%)	0.6%	$495.62	+1.0%	COM	594918104
PRI	PRIMERICA INC	11,149 (+1311.3%)	$2,880 (+1213.5%)	0.6%	$262.47	-0.6%	COM	74164M108
AX	AXOS FINANCIAL INC	176,340 (+14.5%)	$15,193 (+16.5%)	3.1%	$57.93	+42.2%	COM	05465C100
WAL	WESTERN ALLIANCE BANCORP	129,365 (+24.1%)	$10,876 (+20.3%)	2.2%	$68.99	+16.9%	COM	957638109
FFBC	FIRST FINL BANCORP OH	296,090 (+33.4%)	$7,408 (+32.2%)	1.5%	$24.90	-0.4%	COM	320209109
CUBI	CUSTOMERS BANCORP INC	164,330 (+1.6%)	$12,016 (+13.6%)	2.4%	$51.50	+33.2%	COM	23204G100
XYZ	BLOCK INC	31,030 (+113.9%)	$2,020 (+92.6%)	0.4%	$66.93	+3.1%	CL A	852234103
KINS	KINGSTONE COS INC	310,327 (+4.6%)	$5,223 (+19.7%)	1.1%	$6.53	+132.1%	COM	496719105
NAVI	NAVIENT CORPORATION	87,195 (+119.5%)	$1,134 (+117.0%)	0.2%	$14.60	-14.7%	COM	63938C108
INBK	FIRST INTERNET BANCORP	75,555 (+62.7%)	$1,577 (+51.4%)	0.3%	$32.06	-37.3%	COM	320557101
UBS	UBS GROUP AG	52,430 (+5.2%)	$2,428 (+18.8%)	0.5%	$32.43	+24.6%	SHS	H42097107
OFG	OFG BANCORP	241,396 (+3.5%)	$9,892 (-2.4%)	2.0%	$22.02	+85.9%	COM	67103X102
MDY	SPDR S&P MIDCAP 400 ETF TR	2,028 (+12.2%)	$1,223 (+13.6%)	0.2%	$541.13	—	UTSER1 S&PDCRP	78467Y107
RSP	INVESCO EXCHANGE TRADED FD T	22,569 (+1.8%)	$4,323 (+2.8%)	0.9%	$135.68	—	S&P500 EQL WGT	46137V357
GROW	U S GLOBAL INVS INC	833,091 (+18.9%)	$2,008 (+4.2%)	0.4%	$2.48	+0.2%	CL A	902952100
OBT	ORANGE CNTY BANCORP INC	20,425 (+1.2%)	$583 (+14.6%)	0.1%	$24.43	+7.5%	COM	68417L107
PBFS	PIONEER BANCORP INC MD	42,100 (+1.2%)	$568 (+4.5%)	0.1%	$11.04	+21.6%	COM	723561106

Exited Positions (11)

PYPL PAYPAL HLDGS INC 1.8%

Value ($000) $8,852 Shares 132,005 Est. Cost $65.01 Unrealized -0.3%

CRBG COREBRIDGE FINL INC 1.6%

Value ($000) $8,029 Shares 250,500 Est. Cost $29.75 Unrealized +2.7%

UBS UBS GROUP AG 0.6%

Value ($000) $3,158 Shares 2,711 Est. Cost $32.43 Unrealized +24.6%

TFC TRUIST FINL CORP 0.5%

Value ($000) $2,678 Shares 58,580 Est. Cost $49.66 Unrealized -7.8%

IVZ INVESCO LTD 0.3%

Value ($000) $1,721 Shares 75,000 Est. Cost $14.01 Unrealized +73.6%

HOOD ROBINHOOD MKTS INC 0.2%

Value ($000) $1,225 Shares 1,000 Est. Cost $9.94 Unrealized +1208.9%

SOHO SOTHERLY HOTELS INC 0.1%

Value ($000) $586 Shares 732,802 Est. Cost $1.66 Unrealized —

WT WISDOMTREE INC 0.1%

Value ($000) $335 Shares 24,074 Est. Cost $9.36 Unrealized +29.0%

CZR CAESARS ENTERTAINMENT INC NE 0.0%

Value ($000) $243 Shares 9,000 Est. Cost $37.50 Unrealized -40.1%

HIPO HIPPO HLDGS INC 0.0%

Value ($000) $239 Shares 6,606 Est. Cost $31.09 Unrealized +7.5%

OSG AMBAC FINL GROUP INC 0.0%

Value ($000) $179 Shares 21,435 Est. Cost $17.36 Unrealized -50.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PYPL	PAYPAL HLDGS INC	132,005	$8,852	1.8%	$65.01	-0.3%	—	70450Y103
CRBG	COREBRIDGE FINL INC	250,500	$8,029	1.6%	$29.75	+2.7%	—	21871X109
UBS	UBS GROUP AG	2,711	$3,158	0.6%	$32.43	+24.6%	CALL	H42097107
TFC	TRUIST FINL CORP	58,580	$2,678	0.5%	$49.66	-7.8%	—	89832Q109
IVZ	INVESCO LTD	75,000	$1,721	0.3%	$14.01	+73.6%	—	G491BT108
HOOD	ROBINHOOD MKTS INC	1,000	$1,225	0.2%	$9.94	+1208.9%	PUT	770700102
SOHO	SOTHERLY HOTELS INC	732,802	$586	0.1%	$1.66	—	—	83600C103
WT	WISDOMTREE INC	24,074	$335	0.1%	$9.36	+29.0%	—	97717P104
CZR	CAESARS ENTERTAINMENT INC NE	9,000	$243	0.0%	$37.50	-40.1%	—	12769G100
HIPO	HIPPO HLDGS INC	6,606	$239	0.0%	$31.09	+7.5%	—	433539202
OSG	AMBAC FINL GROUP INC	21,435	$179	0.0%	$17.36	-50.8%	—	023139884

Decreased Positions (13)

HOOD ROBINHOOD MKTS INC 9.6%

Value ($000) $47,447 (-38.1%) Shares 419,515 (-21.6%) Est. Cost $9.94 Unrealized +1208.9%

— ANYWHERE REAL ESTATE INC 6.6%

Value ($000) $32,725 (+20.5%) Shares 2,311,110 (-9.9%) Est. Cost $3.77 Unrealized —

FCNCA FIRST CTZNS BANCSHARES INC D 4.0%

Value ($000) $19,721 (+16.1%) Shares 9,189 (-3.2%) Est. Cost $892.43 Unrealized +111.1%

VRTS VIRTUS INVT PARTNERS INC 1.9%

Value ($000) $9,233 (-20.6%) Shares 56,591 (-7.5%) Est. Cost $176.36 Unrealized -6.1%

BCS BARCLAYS PLC 2.5%

Value ($000) $12,137 (+13.5%) Shares 476,895 (-7.8%) Est. Cost $8.61 Unrealized —

WBS WEBSTER FINL CORP 0.8%

Value ($000) $3,818 (-14.4%) Shares 60,655 (-19.1%) Est. Cost $41.31 Unrealized +43.7%

VCTR VICTORY CAP HLDGS INC 1.6%

Value ($000) $7,838 (-7.4%) Shares 124,237 (-5.0%) Est. Cost $36.10 Unrealized +75.4%

BWB BRIDGEWATER BANCSHARES INC 0.3%

Value ($000) $1,593 (-10.4%) Shares 90,872 (-10.0%) Est. Cost $17.65 Unrealized -1.7%

BANC BANC OF CALIFORNIA INC 1.1%

Value ($000) $5,241 (-2.7%) Shares 271,710 (-16.5%) Est. Cost $11.84 Unrealized +50.8%

VTRS VIATRIS INC 0.1%

Value ($000) $399 (-19.5%) Shares 32,036 (-36.0%) Est. Cost $10.89 Unrealized -1.5%

OPBK OP BANCORP 0.7%

Value ($000) $3,547 (-0.6%) Shares 251,223 (-2.0%) Est. Cost $10.60 Unrealized +28.9%

— KKR INCOME OPPORTUNITIES FD 0.0%

Value ($000) $129 (-14.2%) Shares 11,102 (-6.7%) Est. Cost $16.83 Unrealized —

VTI VANGUARD INDEX FDS 0.1%

Value ($000) $260 (+0.9%) Shares 775 (-1.3%) Est. Cost $289.81 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HOOD	ROBINHOOD MKTS INC	419,515 (-21.6%)	$47,447 (-38.1%)	9.6%	$9.94	+1208.9%	COM CL A	770700102
—	ANYWHERE REAL ESTATE INC	2,311,110 (-9.9%)	$32,725 (+20.5%)	6.6%	$3.77	—	COM	75605Y106
FCNCA	FIRST CTZNS BANCSHARES INC D	9,189 (-3.2%)	$19,721 (+16.1%)	4.0%	$892.43	+111.1%	CL A	31946M103
VRTS	VIRTUS INVT PARTNERS INC	56,591 (-7.5%)	$9,233 (-20.6%)	1.9%	$176.36	-6.1%	COM	92828Q109
BCS	BARCLAYS PLC	476,895 (-7.8%)	$12,137 (+13.5%)	2.5%	$8.61	—	ADR	06738E204
WBS	WEBSTER FINL CORP	60,655 (-19.1%)	$3,818 (-14.4%)	0.8%	$41.31	+43.7%	COM	947890109
VCTR	VICTORY CAP HLDGS INC	124,237 (-5.0%)	$7,838 (-7.4%)	1.6%	$36.10	+75.4%	COM CL A	92645B103
BWB	BRIDGEWATER BANCSHARES INC	90,872 (-10.0%)	$1,593 (-10.4%)	0.3%	$17.65	-1.7%	COM	108621103
BANC	BANC OF CALIFORNIA INC	271,710 (-16.5%)	$5,241 (-2.7%)	1.1%	$11.84	+50.8%	COM	05990K106
VTRS	VIATRIS INC	32,036 (-36.0%)	$399 (-19.5%)	0.1%	$10.89	-1.5%	COM	92556V106
OPBK	OP BANCORP	251,223 (-2.0%)	$3,547 (-0.6%)	0.7%	$10.60	+28.9%	COM	67109R109
—	KKR INCOME OPPORTUNITIES FD	11,102 (-6.7%)	$129 (-14.2%)	0.0%	$16.83	—	COM	48249T106
VTI	VANGUARD INDEX FDS	775 (-1.3%)	$260 (+0.9%)	0.1%	$289.81	—	TOTAL STK MKT	922908769

Unchanged Positions (34)

OSBC OLD SECOND BANCORP INC ILL 1.3%

Value ($000) $6,591 Shares 337,995 Est. Cost $13.34 Unrealized +39.4%

GPN GLOBAL PMTS INC 2.2%

Value ($000) $11,060 Shares 142,895 Est. Cost $95.01 Unrealized -15.5%

CG CARLYLE GROUP INC 2.0%

Value ($000) $9,702 Shares 164,135 Est. Cost $25.46 Unrealized +121.1%

CNOB CONNECTONE BANCORP INC 1.6%

Value ($000) $8,089 Shares 308,487 Est. Cost $23.57 Unrealized +6.4%

WEX WEX INC 2.0%

Value ($000) $9,909 Shares 66,515 Est. Cost $137.78 Unrealized +9.4%

JXN JACKSON FINANCIAL INC 2.2%

Value ($000) $10,983 Shares 102,980 Est. Cost $27.58 Unrealized +258.6%

CBNA CHAIN BRIDGE BANCORP INC 1.4%

Value ($000) $7,127 Shares 205,745 Est. Cost $23.58 Unrealized +37.1%

NBN NORTHEAST BK PORTLAND ME 1.6%

Value ($000) $7,775 Shares 74,808 Est. Cost $42.15 Unrealized +121.4%

MCHB MECHANICS BANCORP 0.7%

Value ($000) $3,584 Shares 245,001 Est. Cost $10.50 Unrealized +32.4%

FISV FISERV INC 0.1%

Value ($000) $346 Shares 5,155 Est. Cost $143.31 Unrealized -41.5%

CBNK CAPITAL BANCORP INC MD 0.5%

Value ($000) $2,540 Shares 90,170 Est. Cost $28.22 Unrealized +1.1%

IBKR INTERACTIVE BROKERS GROUP IN 0.5%

Value ($000) $2,624 Shares 40,800 Est. Cost $40.51 Unrealized +65.1%

BFST BUSINESS FIRST BANCSHARES IN 0.3%

Value ($000) $1,724 Shares 65,967 Est. Cost $22.99 Unrealized +9.1%

SLM SLM CORP 2.3%

Value ($000) $11,115 Shares 410,750 Est. Cost $15.93 Unrealized +72.2%

SYF SYNCHRONY FINANCIAL 0.2%

Value ($000) $1,051 Shares 12,600 Est. Cost $28.41 Unrealized +168.7%

META META PLATFORMS INC 0.3%

Value ($000) $1,373 Shares 2,080 Est. Cost $256.28 Unrealized +160.4%

SF STIFEL FINL CORP 0.3%

Value ($000) $1,503 Shares 12,000 Est. Cost $59.27 Unrealized +101.8%

UNTY UNITY BANCORP INC 0.4%

Value ($000) $1,751 Shares 33,851 Est. Cost $29.70 Unrealized +67.3%

ESQ ESQUIRE FINL HLDGS INC 1.9%

Value ($000) $9,613 Shares 94,176 Est. Cost $35.36 Unrealized +185.9%

FBIZ FIRST BUSINESS FINL SVCS INC 0.3%

Value ($000) $1,301 Shares 23,965 Est. Cost $26.23 Unrealized +97.6%

GIPR GENERATION INCOME PPTYS INC 0.0%

Value ($000) $173 Shares 270,375 Est. Cost $1.67 Unrealized -34.3%

DELL DELL TECHNOLOGIES INC 0.1%

Value ($000) $504 Shares 4,000 Est. Cost $43.87 Unrealized +220.8%

DCOM DIME CMNTY BANCSHARES INC 0.7%

Value ($000) $3,315 Shares 110,185 Est. Cost $23.33 Unrealized +22.6%

ALRS ALERUS FINL CORP 0.3%

Value ($000) $1,473 Shares 65,410 Est. Cost $21.76 Unrealized -0.6%

GPI GROUP 1 AUTOMOTIVE INC 0.0%

Value ($000) $243 Shares 618 Est. Cost $395.45 Unrealized +3.8%

CASH PATHWARD FINANCIAL INC 0.1%

Value ($000) $594 Shares 8,369 Est. Cost $77.82 Unrealized -7.9%

GNW GENWORTH FINL INC 0.3%

Value ($000) $1,667 Shares 184,575 Est. Cost $7.06 Unrealized +23.4%

V VISA INC 0.2%

Value ($000) $839 Shares 2,391 Est. Cost $205.34 Unrealized +65.8%

PKW INVESCO EXCHANGE TRADED FD T 0.2%

Value ($000) $1,099 Shares 8,183 Est. Cost $68.48 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $286 Shares 1,052 Est. Cost $234.51 Unrealized +14.4%

IWN ISHARES TR 0.1%

Value ($000) $430 Shares 2,375 Est. Cost $135.78 Unrealized —

— PGIM GLOBAL HIGH YIELD FD FO 0.0%

Value ($000) $234 Shares 19,000 Est. Cost $13.41 Unrealized —

JPM JPMORGAN CHASE & CO. 0.0%

Value ($000) $238 Shares 740 Est. Cost $228.03 Unrealized +35.7%

AMP AMERIPRISE FINL INC 0.3%

Value ($000) $1,275 Shares 2,600 Est. Cost $106.00 Unrealized +347.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OSBC	OLD SECOND BANCORP INC ILL	337,995	$6,591	1.3%	$13.34	+39.4%	COM	680277100
GPN	GLOBAL PMTS INC	142,895	$11,060	2.2%	$95.01	-15.5%	COM	37940X102
CG	CARLYLE GROUP INC	164,135	$9,702	2.0%	$25.46	+121.1%	COM	14316J108
CNOB	CONNECTONE BANCORP INC	308,487	$8,089	1.6%	$23.57	+6.4%	COM	20786W107
WEX	WEX INC	66,515	$9,909	2.0%	$137.78	+9.4%	COM	96208T104
JXN	JACKSON FINANCIAL INC	102,980	$10,983	2.2%	$27.58	+258.6%	COM CL A	46817M107
CBNA	CHAIN BRIDGE BANCORP INC	205,745	$7,127	1.4%	$23.58	+37.1%	CL A	15746L100
NBN	NORTHEAST BK PORTLAND ME	74,808	$7,775	1.6%	$42.15	+121.4%	COM	66405S100
MCHB	MECHANICS BANCORP	245,001	$3,584	0.7%	$10.50	+32.4%	CL A	43785V102
FISV	FISERV INC	5,155	$346	0.1%	$143.31	-41.5%	COM	337738108
CBNK	CAPITAL BANCORP INC MD	90,170	$2,540	0.5%	$28.22	+1.1%	COM	139737100
IBKR	INTERACTIVE BROKERS GROUP IN	40,800	$2,624	0.5%	$40.51	+65.1%	COM CL A	45841N107
BFST	BUSINESS FIRST BANCSHARES IN	65,967	$1,724	0.3%	$22.99	+9.1%	COM	12326C105
SLM	SLM CORP	410,750	$11,115	2.3%	$15.93	+72.2%	COM	78442P106
SYF	SYNCHRONY FINANCIAL	12,600	$1,051	0.2%	$28.41	+168.7%	COM	87165B103
META	META PLATFORMS INC	2,080	$1,373	0.3%	$256.28	+160.4%	CL A	30303M102
SF	STIFEL FINL CORP	12,000	$1,503	0.3%	$59.27	+101.8%	COM	860630102
UNTY	UNITY BANCORP INC	33,851	$1,751	0.4%	$29.70	+67.3%	COM	913290102
ESQ	ESQUIRE FINL HLDGS INC	94,176	$9,613	1.9%	$35.36	+185.9%	COM	29667J101
FBIZ	FIRST BUSINESS FINL SVCS INC	23,965	$1,301	0.3%	$26.23	+97.6%	COM	319390100
GIPR	GENERATION INCOME PPTYS INC	270,375	$173	0.0%	$1.67	-34.3%	COM NEW	37149D204
DELL	DELL TECHNOLOGIES INC	4,000	$504	0.1%	$43.87	+220.8%	CL C	24703L202
DCOM	DIME CMNTY BANCSHARES INC	110,185	$3,315	0.7%	$23.33	+22.6%	COM	25432X102
ALRS	ALERUS FINL CORP	65,410	$1,473	0.3%	$21.76	-0.6%	COM	01446U103
GPI	GROUP 1 AUTOMOTIVE INC	618	$243	0.0%	$395.45	+3.8%	COM	398905109
CASH	PATHWARD FINANCIAL INC	8,369	$594	0.1%	$77.82	-7.9%	COM	59100U108
GNW	GENWORTH FINL INC	184,575	$1,667	0.3%	$7.06	+23.4%	COM SHS	37247D106
V	VISA INC	2,391	$839	0.2%	$205.34	+65.8%	COM CL A	92826C839
PKW	INVESCO EXCHANGE TRADED FD T	8,183	$1,099	0.2%	$68.48	—	BUYBACK ACHIEV	46137V308
AAPL	APPLE INC	1,052	$286	0.1%	$234.51	+14.4%	COM	037833100
IWN	ISHARES TR	2,375	$430	0.1%	$135.78	—	RUS 2000 VAL ETF	464287630
—	PGIM GLOBAL HIGH YIELD FD FO	19,000	$234	0.0%	$13.41	—	COM	69346J106
JPM	JPMORGAN CHASE & CO.	740	$238	0.0%	$228.03	+35.7%	COM	46625H100
AMP	AMERIPRISE FINL INC	2,600	$1,275	0.3%	$106.00	+347.0%	COM	03076C106