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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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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
1ST FINL CORP IND COM 320218100   6,774,645 200,374 SH   SOLE   200,374 0 0
1ST UTD CORP COM 33741H107   1,826,838 112,594 SH   SOLE   112,594 0 0
AMERICAN BUSINESS BK LA CALIF COM 02475L105   7,115,241 229,969 SH   SOLE   229,969 0 0
BLUE FOUNDRY BANCORP COM 09549B104   1,321,280 157,859 SH   SOLE   157,859 0 0
COMERICA INCORPORATED COM 200340107   30,952,922 744,956 SH   SOLE   744,956 0 0
FIFTH THIRD BANCORP COM 316773100   27,447,512 1,083,597 SH   SOLE   1,083,597 0 0
FIRST HORIZON CORP COM 320517105   35,490,880 3,220,588 SH   SOLE   3,220,588 0 0
FIRST SEACOAST BANCORP INC COM 33631F104   156,729 21,237 SH   SOLE   21,237 0 0
HUNTINGTON BANCSHARES INCORPORATED COM 446150104   25,275,141 2,430,302 SH   SOLE   2,430,302 0 0
KEYCORP COM 493267108   38,746,136 3,600,942 SH   SOLE   3,600,942 0 0
MACATAWA BANK CORP COM 554225102   6,446,075 719,428 SH   SOLE   719,428 0 0
PNC FINANCIAL SERVICES GRP INC COM 693475105   20,427,946 166,392 SH   SOLE   166,392 0 0
POPULAR, INC. COM 733174700   30,119,032 478,004 SH   SOLE   478,004 0 0
RBS CITIZENS FINANCIAL GROUP INC COM 174610105   24,080,604 898,530 SH   SOLE   898,530 0 0
SPDR S&P REGIONAL BANKING ETF S&P REGIONAL BKG ETF 78464A698   13,366,400 320,000 SH   SOLE   320,000 0 0
SYNOVUS FINANCIAL CORP. COM 87161C501   5,983,755 215,243 SH   SOLE   215,243 0 0
TRUIST FINANCIAL CORP COM 89832Q109   39,504,831 1,380,805 SH   SOLE   1,380,805 0 0
UMB FINL CORP COM 902788108   7,944,820 128,039 SH   SOLE   128,039 0 0
US BANCORP COM 902973304   37,382,826 1,130,757 SH   SOLE   1,130,757 0 0
WATERSTONE FINANCIAL INC MD COM 94188P101   6,091,901 556,338 SH   SOLE   556,338 0 0