The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
AFFILIATED MANAGERS GROUP IN COM 008252108   15,152,853 90,481 SH   SOLE   90,481 0 0
ALERUS FINL CORP COM 01446U103   1,315,039 60,240 SH   SOLE   60,240 0 0
ALLSTATE CORP COM 020002101   163,148 943 SH   SOLE   943 0 0
ALLY FINL INC COM 02005N100   16,502,352 406,562 SH   SOLE   406,562 0 0
AMERIPRISE FINL INC COM 03076C106   18,383,789 41,930 SH   SOLE   41,930 0 0
APOLLO GLOBAL MGMT INC COM 03769M106   23,418,050 208,253 SH   SOLE   208,253 0 0
AXOS FINANCIAL INC COM 05465C100   14,594,691 270,072 SH   SOLE   270,072 0 0
BANC OF CALIFORNIA INC COM 05990K106   3,820,782 251,202 SH   SOLE   251,202 0 0
BANCORP INC DEL COM 05969A105   5,899,466 176,314 SH   SOLE   176,314 0 0
BANK AMERICA CORP COM 060505104   63,098,122 1,663,980 SH   SOLE   1,663,980 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107   3,387,438 147,794 SH   SOLE   147,794 0 0
BLACKROCK INC COM 09247X101   6,978,903 8,371 SH   SOLE   8,371 0 0
BLACKSTONE INC COM 09260D107   12,001,700 91,358 SH   SOLE   91,358 0 0
BURFORD CAP LTD ORD SHS G17977110   6,751,860 422,784 SH   SOLE   422,784 0 0
CAMDEN NATL CORP COM 133034108   8,302,870 247,699 SH   SOLE   247,699 0 0
CAPITAL ONE FINL CORP COM 14040H105   43,588,292 292,755 SH   SOLE   292,755 0 0
CATALYST BANCORP INC COMMON STOCK 14888L101   133,265 11,246 SH   SOLE   11,246 0 0
CENTURY CMNTYS INC COM 156504300   34,139,191 353,774 SH   SOLE   353,774 0 0
CITIGROUP INC COM NEW 172967424   1,259,741 19,920 SH   SOLE   19,920 0 0
CITIZENS FINL GROUP INC COM 174610105   33,248,463 916,188 SH   SOLE   916,188 0 0
COMERICA INC COM 200340107   4,947,560 89,972 SH   SOLE   89,972 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   39,147,083 2,032,559 SH   SOLE   2,032,559 0 0
DISCOVER FINL SVCS COM 254709108   15,441,353 117,792 SH   SOLE   117,792 0 0
EAGLE BANCORP INC MD COM 268948106   500,924 21,325 SH   SOLE   21,325 0 0
EAST WEST BANCORP INC COM 27579R104   37,051,801 468,358 SH   SOLE   468,358 0 0
ESQUIRE FINL HLDGS INC COM 29667J101   16,801,247 353,934 SH   SOLE   353,934 0 0
EVERCORE INC CLASS A 29977A105   14,717,728 76,420 SH   SOLE   76,420 0 0
F N B CORP COM 302520101   38,367,468 2,721,097 SH   SOLE   2,721,097 0 0
F&G ANNUITIES & LIFE INC COMMON STOCK 30190A104   12,909,174 318,352 SH   SOLE   318,352 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303   17,745,117 334,183 SH   SOLE   334,183 0 0
FIFTH THIRD BANCORP COM 316773100   3,483,116 93,607 SH   SOLE   93,607 0 0
FINANCIAL INSTNS INC COM 317585404   3,973,128 211,112 SH   SOLE   211,112 0 0
FIRST AMERN FINL CORP COM 31847R102   16,491,070 270,124 SH   SOLE   270,124 0 0
FIRST BANCORP N C COM 318910106   4,452,368 123,266 SH   SOLE   123,266 0 0
FIRST BUSEY CORP COM NEW 319383204   6,399,416 266,088 SH   SOLE   266,088 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   38,149,455 23,333 SH   SOLE   23,333 0 0
FIRST INTST BANCSYSTEM INC COM 32055Y201   5,415,334 199,020 SH   SOLE   199,020 0 0
FIRST UTD CORP COM 33741H107   3,576,205 156,098 SH   SOLE   156,098 0 0
GUILD HLDGS CO CL A 40172N107   8,379,298 568,088 SH   SOLE   568,088 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   23,355,217 507,281 SH   SOLE   507,281 0 0
HERITAGE FINL CORP WASH COM 42722X106   4,473,990 230,737 SH   SOLE   230,737 0 0
HOME BANCSHARES INC COM 436893200   4,091,839 166,538 SH   SOLE   166,538 0 0
ISHARES TR 20 YR TR BD ETF 464287432   9,098,091 96,154 SH   SOLE   96,154 0 0
ISHARES TR 20 YR TR BD ETF 464287432   1,600,592 16,916 SH Call SOLE   16,916 0 0
JPMORGAN CHASE & CO COM 46625H100   94,040,049 469,496 SH   SOLE   469,496 0 0
KB HOME COM 48666K109   7,316,021 103,217 SH   SOLE   103,217 0 0
KEYCORP COM 493267108   4,142 262 SH   SOLE   262 0 0
KKR & CO INC COM 48251W104   9,346,497 92,926 SH   SOLE   92,926 0 0
LAKELAND BANCORP INC COM 511637100   3,408,340 281,681 SH   SOLE   281,681 0 0
LAZARD INC COM 52110M109   19,930,413 476,007 SH   SOLE   476,007 0 0
LENNAR CORP CL A 526057104   69,812,357 405,933 SH   SOLE   405,933 0 0
M & T BK CORP COM 55261F104   1,943,078 13,360 SH   SOLE   13,360 0 0
M/I HOMES INC COM 55305B101   40,216,589 295,081 SH   SOLE   295,081 0 0
MERCHANTS BANCORP IND COM 58844R108   24,436,080 565,912 SH   SOLE   565,912 0 0
MERITAGE HOMES CORP COM 59001A102   4,188,581 23,872 SH   SOLE   23,872 0 0
METROPOLITAN BK HLDG CORP COM 591774104   12,130,234 315,071 SH   SOLE   315,071 0 0
MORGAN STANLEY COM NEW 617446448   34,769,427 369,259 SH   SOLE   369,259 0 0
MR COOPER GROUP INC COM 62482R107   31,639,437 405,894 SH   SOLE   405,894 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   7,497,078 2,328,285 SH   SOLE   2,328,285 0 0
NORTHEAST BK LEWISTON ME COM 66405S100   15,924,362 287,755 SH   SOLE   287,755 0 0
OLD NATL BANCORP IND COM 680033107   8,907,948 511,657 SH   SOLE   511,657 0 0
ONEMAIN HLDGS INC COM 68268W103   47,152,698 922,934 SH   SOLE   922,934 0 0
PARKE BANCORP INC COM 700885106   3,196,478 185,572 SH   SOLE   185,572 0 0
PENNYMAC FINL SVCS INC NEW COM 70932M107   40,164,314 440,930 SH   SOLE   440,930 0 0
PERELLA WEINBERG PARTNERS CLASS A COM 71367G102   16,462,467 1,165,072 SH   SOLE   1,165,072 0 0
PJT PARTNERS INC COM CL A 69343T107   203,884 2,163 SH   SOLE   2,163 0 0
POPULAR INC COM NEW 733174700   27,304,288 309,959 SH   SOLE   309,959 0 0
PROGRESSIVE CORP COM 743315103   392,751 1,899 SH   SOLE   1,899 0 0
PULTE GROUP INC COM 745867101   16,371,753 135,730 SH   SOLE   135,730 0 0
QUINSTREET INC COM 74874Q100   17,357,378 982,864 SH   SOLE   982,864 0 0
RAYMOND JAMES FINL INC COM 754730109   18,806,338 146,444 SH   SOLE   146,444 0 0
REGIONAL MGMT CORP COM 75902K106   22,803,980 941,924 SH   SOLE   941,924 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   23,121,340 1,098,923 SH   SOLE   1,098,923 0 0
SANDY SPRING BANCORP INC COM 800363103   479,988 20,707 SH   SOLE   20,707 0 0
SCHWAB CHARLES CORP COM 808513105   43,553,744 602,070 SH   SOLE   602,070 0 0
SOUTHSTATE CORPORATION COM 840441109   4,501,828 52,944 SH   SOLE   52,944 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107   436,774 785 SH Put SOLE   785 0 0
SPDR SER TR S&P REGL BKG 78464A698   240,690 4,787 SH Put SOLE   4,787 0 0
STELLAR BANCORP INC COM 858927106   4,301,440 176,578 SH   SOLE   176,578 0 0
SYNCHRONY FINANCIAL COM 87165B103   28,459,933 660,017 SH   SOLE   660,017 0 0
SYNOVUS FINL CORP COM NEW 87161C501   41,351,214 1,032,232 SH   SOLE   1,032,232 0 0
TAYLOR MORRISON HOME CORP COM 87724P106   25,134,336 404,284 SH   SOLE   404,284 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107   12,085,158 196,347 SH   SOLE   196,347 0 0
TOLL BROTHERS INC COM 889478103   21,870,257 169,052 SH   SOLE   169,052 0 0
TRI POINTE HOMES INC COM 87265H109   13,132,183 339,684 SH   SOLE   339,684 0 0
TRICO BANCSHARES COM 896095106   5,074,941 137,981 SH   SOLE   137,981 0 0
TRUIST FINL CORP COM 89832Q109   9,105,767 233,601 SH   SOLE   233,601 0 0
UNITED BANKSHARES INC WEST V COM 909907107   8,340,287 233,034 SH   SOLE   233,034 0 0
US BANCORP DEL COM NEW 902973304   51,497,216 1,152,063 SH   SOLE   1,152,063 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   5,135,552 450,487 SH   SOLE   450,487 0 0
VICTORY CAP HLDGS INC COM CL A 92645B103   21,904,700 516,255 SH   SOLE   516,255 0 0
VIRTUS INVT PARTNERS INC COM 92828Q109   14,655,618 59,100 SH   SOLE   59,100 0 0
VOYA FINANCIAL INC COM 929089100   7,655,155 103,560 SH   SOLE   103,560 0 0
WEBSTER FINL CORP COM 947890109   72,758,995 1,433,110 SH   SOLE   1,433,110 0 0
WELLS FARGO CO NEW COM 949746101   34,302,061 591,823 SH   SOLE   591,823 0 0
WESBANCO INC COM 950810101   1,754,587 58,859 SH   SOLE   58,859 0 0
WESTERN ALLIANCE BANCORP COM 957638109   23,575,190 367,272 SH   SOLE   367,272 0 0
WORLD ACCEP CORPORATION COM 981419104   1,657,121 11,430 SH   SOLE   11,430 0 0