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
BANC OF CALIFORNIA INC COM 05990K106   5,333,960 397,168 SH   SOLE   397,168 0 0
BANNER CORP COM NEW 06652V208   3,341,180 62,382 SH   SOLE   62,382 0 0
BLUE RIDGE BANKSHARES INC VA COM 095825105   832,568 274,775 SH   SOLE   274,775 0 0
CALIFORNIA BANCORP INC COM 13005U101   1,722,380 69,563 SH   SOLE   69,563 0 0
CARTER BANKSHARES INC COM NEW 146103106   5,941,189 396,873 SH   SOLE   396,873 0 0
CB FINL SVCS INC COM 12479G101   5,123,864 215,198 SH   SOLE   215,198 0 0
CITIZENS FINL GROUP INC COM 174610105   2,102,866 63,454 SH   SOLE   63,454 0 0
CNB FINL CORP PA COM 126128107   3,800,564 168,241 SH   SOLE   168,241 0 0
CODORUS VY BANCORP INC COM 192025104   5,344,623 207,962 SH   SOLE   207,962 0 0
COLONY BANKCORP INC COM 19623P101   6,305,038 474,063 SH   SOLE   474,063 0 0
COLUMBIA BKG SYS INC COM 197236102   2,395,330 89,780 SH   SOLE   89,780 0 0
COMERICA INC COM 200340107   3,277,442 58,725 SH   SOLE   58,725 0 0
EAGLE BANCORP MONT INC COM 26942G100   3,655,069 231,480 SH   SOLE   231,480 0 0
EQUITY BANCSHARES INC COM CL A 29460X109   1,944,640 57,364 SH   SOLE   57,364 0 0
F N B CORP COM 302520101   1,630,657 118,421 SH   SOLE   118,421 0 0
FIRST BANCORP N C COM 318910106   2,013,349 54,400 SH   SOLE   54,400 0 0
FIRST BANCSHARES INC MS COM 318916103   5,928,913 202,145 SH   SOLE   202,145 0 0
FIRST BK WILLIAMSTOWN NEW JE COM 31931U102   2,273,502 154,660 SH   SOLE   154,660 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   8,442,872 5,950 SH   SOLE   5,950 0 0
FIRST MERCHANTS CORP COM 320817109   3,487,263 94,047 SH   SOLE   94,047 0 0
FIRST NATL CORP COM 32106V107   6,773,820 311,440 SH   SOLE   311,440 0 0
FIRST NORTHWEST BANCORP COM 335834107   4,187,390 262,697 SH   SOLE   262,697 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   5,889,983 121,218 SH   SOLE   121,218 0 0
HANMI FINL CORP COM NEW 410495204   1,390,029 71,651 SH   SOLE   71,651 0 0
HOMETRUST BANCSHARES INC COM 437872104   2,086,165 77,495 SH   SOLE   77,495 0 0
INVESTAR HLDG CORP COM 46134L105   2,565,161 172,043 SH   SOLE   172,043 0 0
MERIDIAN CORPORATION COM 58958P104   1,122,300 80,741 SH   SOLE   80,741 0 0
MID PENN BANCORP INC COM 59540G107   4,785,855 197,111 SH   SOLE   197,111 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   2,052,875 200,672 SH   SOLE   200,672 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104   4,012,469 46,004 SH   SOLE   46,004 0 0
PRIMIS FINANCIAL CORP COM 74167B109   1,377,421 108,801 SH   SOLE   108,801 0 0
SB FINL GROUP INC COM 78408D105   4,122,491 265,710 SH   SOLE   265,710 0 0
SHORE BANCSHARES INC COM 825107105   2,101,690 147,487 SH   SOLE   147,487 0 0
SOUTHERN CALIF BANCORP COM 84252A106   1,474,750 85,000 SH   SOLE   85,000 0 0
SOUTHSTATE CORPORATION COM 840441109   2,171,632 25,715 SH   SOLE   25,715 0 0
SYNOVUS FINL CORP COM NEW 87161C501   3,588,723 95,318 SH   SOLE   95,318 0 0
WEBSTER FINL CORP COM 947890109   3,496,095 68,875 SH   SOLE   68,875 0 0
WESTERN ALLIANCE BANCORP COM 957638109   4,425,891 67,273 SH   SOLE   67,273 0 0
WINTRUST FINL CORP COM 97650W108   2,759,313 29,750 SH   SOLE   29,750 0 0