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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1ST CONSTITUTION BANCORP COM 31986N102 1,910 92,254 SH   SOLE   92,254 0 0
BANC OF CALIFORNIA INC COM 05990K106 3,501 185,260 SH   SOLE   185,260 0 0
BANKFINANCIAL CORP COM 06643P104 3,871 242,858 SH   SOLE   242,858 0 0
BANCORP NEW JERSEY INC NEW COM 059915108 7,783 455,153 SH   SOLE   455,153 0 0
BANKWELL FINL GROUP INC COM 06654A103 1,348 42,978 SH   SOLE   42,978 0 0
BSB BANCORP INC MD COM 05573H108 418 12,822 SH   SOLE   12,822 0 0
CITIZENS FINL GROUP INC COM 174610105 2,006 52,000 SH   SOLE   52,000 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 2,501 105,300 SH   SOLE   105,300 0 0
FIRST BANCORP P R COM NEW 318672706 2,457 270,000 SH   SOLE   270,000 0 0
FULTON FINL CORP PA COM 360271100 1,210 72,662 SH   SOLE   72,662 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 3,270 138,252 SH   SOLE   138,252 0 0
KEYCORP NEW COM 493267108 2,505 125,955 SH   SOLE   125,955 0 0
MACKINAC FINL CORP COM 554571109 2,090 129,014 SH   SOLE   129,014 0 0
MALVERN BANCORP INC COM 561409103 3,646 152,215 SH   SOLE   152,215 0 0
OCEANFIRST FINL CORP COM 675234108 3,413 125,400 SH   SOLE   125,400 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 4,939 528,232 SH   SOLE   528,232 0 0
PDL CMNTY BANCORP COM 69290X101 3,173 210,000 SH   SOLE   210,000 0 0
QCR HOLDINGS INC COM 74727A104 702 17,196 SH   SOLE   17,196 0 0
RANDOLPH BANCORP INC COM 752378109 3,027 183,134 SH   SOLE   183,134 0 0
SB FINL GROUP INC COM 78408D105 846 41,555 SH   SOLE   41,555 0 0
SB ONE BANCORP COM 78413T103 2,895 114,874 SH   SOLE   114,874 0 0
SELECT BANCORP INC NEW COM 81617L108 1,329 107,215 SH   SOLE   107,215 0 0
SI FINL GROUP INC MD COM 78425V104 2,100 150,021 SH   SOLE   150,021 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 1,782 15,513 SH   SOLE   15,513 0 0
SPIRIT OF TEX BANCSHARES INC COM 84861D103 1,724 79,855 SH   SOLE   79,855 0 0
STERLING BANCORP DEL COM 85917A100 2,970 135,000 SH   SOLE   135,000 0 0
TERRITORIAL BANCORP INC COM 88145X108 2,631 89,040 SH   SOLE   89,040 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 2,593 268,148 SH   SOLE   268,148 0 0