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
1895 BANCORP OF WIS INC COM 28253R105   292,945 41,523 SH   SOLE   41,523 0 0
AMERISERV FINL INC COM 03074A102   202,134 76,277 SH   SOLE   76,277 0 0
BANC OF CALIFORNIA INC COM 05990K106   1,876,065 151,540 SH   SOLE   151,540 0 0
BANKFINANCIAL CORP COM 06643P104   626,372 72,665 SH   SOLE   72,665 0 0
BANKUNITED INC COM 06652K103   950,585 41,876 SH   SOLE   41,876 0 0
BANKWELL FINL GROUP INC COM 06654A103   633,593 26,106 SH   SOLE   26,106 0 0
BAYCOM CORP COM 07272M107   1,771,892 92,238 SH   SOLE   92,238 0 0
BLUE FOUNDRY BANCORP COM 09549B104   628,302 75,066 SH   SOLE   75,066 0 0
BRIDGEWATER BANCSHARES INC COM 108621103   421,566 44,469 SH   SOLE   44,469 0 0
BUSINESS FIRST BANCSHARES IN COM 12326C105   470,576 25,084 SH   SOLE   25,084 0 0
BYLINE BANCORP INC COM 124411109   862,490 43,759 SH   SOLE   43,759 0 0
C & F FINL CORP COM 12466Q104   648,024 12,090 SH   SOLE   12,090 0 0
CAPSTAR FINL HLDGS INC COM 14070T102   1,776,063 125,163 SH   SOLE   125,163 0 0
CARTER BANKSHARES INC COM NEW 146103106   1,100,147 87,801 SH   SOLE   87,801 0 0
CATALYST BANCORP INC COMMON STOCK 14888L101   128,801 10,680 SH   SOLE   10,680 0 0
CITIZENS FINL GROUP INC COM 174610105   624,654 23,308 SH   SOLE   23,308 0 0
CNB FINL CORP PA COM 126128107   1,034,316 57,113 SH   SOLE   57,113 0 0
CODORUS VY BANCORP INC COM 192025104   1,104,196 59,238 SH   SOLE   59,238 0 0
COMERICA INC COM 200340107   2,901,644 69,835 SH   SOLE   69,835 0 0
COMMUNITY TR BANCORP INC COM 204149108   874,007 25,511 SH   SOLE   25,511 0 0
CROSSFIRST BANKSHARES INC COM 22766M109   243,169 24,100 SH   SOLE   24,100 0 0
DIME CMNTY BANCSHARES INC COM 25432X102   1,292,330 64,746 SH   SOLE   64,746 0 0
EAGLE BANCORP INC MD COM 268948106   4,244,719 197,889 SH   SOLE   197,889 0 0
EAGLE BANCORP MONT INC COM 26942G100   286,243 24,054 SH   SOLE   24,054 0 0
EASTERN BANKSHARES INC COM 27627N105   265,183 21,147 SH   SOLE   21,147 0 0
ENTERPRISE BANCORP INC MASS COM 293668109   1,187,963 43,388 SH   SOLE   43,388 0 0
FIRST CTZNS BANCHSARES INC N CL A 31946M103   4,191,364 3,037 SH   SOLE   3,037 0 0
FIRST FINL CORP IND COM 320218100   2,914,084 86,190 SH   SOLE   86,190 0 0
FIRST FNDTN INC COM 32026V104   3,375,452 555,173 SH   SOLE   555,173 0 0
FIRST HORIZON CORPORATION COM 320517105   1,795,874 162,965 SH   SOLE   162,965 0 0
FIRST NORTHWEST BANCORP COM 335834107   333,646 27,192 SH   SOLE   27,192 0 0
FLUSHING FINL CORP COM 343873105   2,459,157 187,293 SH   SOLE   187,293 0 0
FS BANCORP INC COM 30263Y104   2,120,283 71,874 SH   SOLE   71,874 0 0
HILLTOP HOLDINGS INC COM 432748101   1,454,669 51,293 SH   SOLE   51,293 0 0
HMN FINL INC COM 40424G108   634,255 33,155 SH   SOLE   33,155 0 0
HOME BANCORP INC COM 43689E107   488,726 15,335 SH   SOLE   15,335 0 0
HOMETRUST BANCSHARES INC COM 437872104   895,426 41,321 SH   SOLE   41,321 0 0
INTERNATIONAL BANCSHARES COR COM 459044103   1,501,211 34,638 SH   SOLE   34,638 0 0
MACATAWA BK CORP COM 554225102   1,366,095 152,466 SH   SOLE   152,466 0 0
MAINSTREET BANCSHARES INC COM 56064Y100   757,885 36,898 SH   SOLE   36,898 0 0
MID PENN BANCORP INC COM 59540G107   310,646 15,432 SH   SOLE   15,432 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   2,528,253 222,950 SH   SOLE   222,950 0 0
NORTHEAST CMNTY BANCORP INC COM 664121100   2,580,240 174,813 SH   SOLE   174,813 0 0
NORTHFIELD BANCORP INC DEL COM 66611T108   1,789,225 189,336 SH   SOLE   189,336 0 0
NSTS BANCORP INC COM 6293JP109   244,205 26,984 SH   SOLE   26,984 0 0
OP BANCORP COM 67109R109   2,481,160 271,165 SH   SOLE   271,165 0 0
OPTIMUMBANK HLDGS INC COM 68401P403   134,525 42,294 SH   SOLE   42,294 0 0
PACWEST BANCORP DEL COM 695263103   4,607,820 582,531 SH   SOLE   582,531 0 0
PARKE BANCORP INC COM 700885106   2,048,419 125,747 SH   SOLE   125,747 0 0
PCB BANCORP COM 69320M109   1,642,119 106,286 SH   SOLE   106,286 0 0
PIONEER BANCORP INC MD COM 723561106   755,150 88,425 SH   SOLE   88,425 0 0
PRIMIS FINANCIAL CORP COM 74167B109   2,041,412 250,480 SH   SOLE   250,480 0 0
PRINCETON BANCORP INC COM 74179A107   841,203 29,017 SH   SOLE   29,017 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   2,381,395 245,758 SH   SOLE   245,758 0 0
RBB BANCORP COM 74930B105   1,893,319 148,147 SH   SOLE   148,147 0 0
RHINEBECK BANCORP INC COM 762093102   143,569 21,201 SH   SOLE   21,201 0 0
SB FINL GROUP INC COM 78408D105   257,499 19,074 SH   SOLE   19,074 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   29,600,000 925,000 SH Put SOLE   925,000 0 0
SHORE BANCSHARES INC COM 825107105   889,561 84,559 SH   SOLE   84,559 0 0
SMARTFINANCIAL INC COM NEW 83190L208   311,767 14,589 SH   SOLE   14,589 0 0
SOUTHERN CALIF BANCORP COM 84252A106   2,588,319 184,748 SH   SOLE   184,748 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107   2,039,059 34,619 SH   SOLE   34,619 0 0
THIRD COAST BANCSHARES INC COM 88422P109   1,613,471 94,355 SH   SOLE   94,355 0 0
VERITEX HLDGS INC COM 923451108   4,539,699 252,908 SH   SOLE   252,908 0 0
WINTRUST FINL CORP COM 97650W108   1,931,290 25,580 SH   SOLE   25,580 0 0