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
Estimated average burden
hours per response: 23.8
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
ALERUS FINL CORP COM 01446U103   4,705,107 215,534 SH   SOLE NONE 215,534 0 0
BANC OF CALIFORNIA INC COM 05990K106   17,374,976 1,142,339 SH   SOLE NONE 1,142,339 0 0
SOUTHERN CALIF BANCORP COM 84252A106   16,743,811 1,122,992 SH   SOLE NONE 1,122,992 0 0
CALIFORNIA BANCORP INC COM 13005U101   17,833,222 810,601 SH   SOLE NONE 810,601 0 0
CAMBRIDGE BANCORP COM 132152109   15,059,066 220,937 SH   SOLE NONE 220,937 0 0
CB FINL SVCS INC COM 12479G101   2,405,917 111,282 SH   SOLE NONE 111,282 0 0
COASTAL FINL CORP WA COM NEW 19046P209   29,179,126 750,685 SH   SOLE NONE 750,685 0 0
CONNECTONE BANCORP INC COM 20786W107   1,498,692 76,856 SH   SOLE NONE 76,856 0 0
EASTERN BANKSHARES INC COM 27627N105   2,747,195 199,361 SH   SOLE NONE 199,361 0 0
ENTERPRISE FINL SVCS CORP COM 293712105   6,973,400 171,928 SH   SOLE NONE 171,928 0 0
EVANS BANCORP INC COM NEW 29911Q208   5,693,406 190,670 SH   SOLE NONE 190,670 0 0
FIRST BANCSHARES INC MS COM 318916103   1,837,571 70,812 SH   SOLE NONE 70,812 0 0
FIRST MID ILL BANCSHARES INC COM 320866106   13,997,857 428,331 SH   SOLE NONE 428,331 0 0
FINWARD BANCORP COM 31812F109   2,448,758 99,543 SH   SOLE NONE 99,543 0 0
FIVE STAR BANCORP COM 33830T103   3,375,000 150,000 SH   SOLE NONE 150,000 0 0
FVCBANKCORP INC COM 36120Q101   16,527,651 1,356,950 SH   SOLE NONE 1,356,950 0 0
HOMESTREET INC COM 43785V102   4,976,614 330,672 SH   SOLE NONE 330,672 0 0
HERITAGE COMM CORP COM 426927109   5,584,971 650,929 SH   SOLE NONE 650,929 0 0
MID PENN BANCORP INC COM 59540G107   1,971,485 98,525 SH   SOLE NONE 98,525 0 0
MVB FINL CORP COM 553810102   4,559,071 204,351 SH   SOLE NONE 204,351 0 0
NB BANCORP INC COM 63945M107   1,871,270 136,989 SH   SOLE NONE 136,989 0 0
NATIONAL BK HLDGS CORP CL A 633707104   2,419,684 67,083 SH   SOLE NONE 67,083 0 0
NORTHEAST BK LEWISTON ME COM 66405S100   4,280,051 77,341 SH   SOLE NONE 77,341 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   922,833 286,594 SH   SOLE NONE 286,594 0 0
ORIGIN BANCORP INC COM 68621T102   5,422,264 173,568 SH   SOLE NONE 173,568 0 0
OCEANFIRST FINL CORP COM 675234108   11,565,046 704,756 SH   SOLE NONE 704,756 0 0
QCR HOLDINGS INC COM 74727A104   21,441,767 353,009 SH   SOLE NONE 353,009 0 0
SEACOAST BKG CORP FLA COM NEW 811707801   9,545,015 375,936 SH   SOLE NONE 375,936 0 0
SOUTHERN FIRST BANCSHARES COM 842873101   16,625,312 523,467 SH   SOLE NONE 523,467 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107   648,662 24,240 SH   SOLE NONE 24,240 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109   537,854 19,168 SH   SOLE NONE 19,168 0 0
USCB FINANCIAL HOLDINGS INC CLASS A COM 90355N101   15,632,603 1,371,281 SH   SOLE NONE 1,371,281 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100   5,963,660 286,439 SH   SOLE NONE 286,439 0 0
VIRGINIA NATL BANKSHARES COR COM 928031103   6,152,049 204,387 SH   SOLE NONE 204,387 0 0
VALLEY NATL BANCORP COM 919794107   10,766,179 1,352,535 SH   SOLE NONE 1,352,535 0 0