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
AXOS FINANCIAL INC COM 05465C100   13,868,370 375,633 SH   SOLE   375,633 0 0
BANK AMERICA CORP COM 060505104   11,965,639 418,379 SH   SOLE   418,379 0 0
CADENCE BANK COM 12740C103   14,001,810 674,461 SH   SOLE   674,461 0 0
CITIZENS FINL GROUP INC COM 174610105   10,484,817 345,236 SH   SOLE   345,236 0 0
CNB FINL CORP PA COM 126128107   4,448,218 231,678 SH   SOLE   231,678 0 0
COLUMBIA BKG SYS INC COM 197236102   13,494,600 630,000 SH   SOLE   630,000 0 0
COMERICA INC COM 200340107   13,532,929 311,675 SH   SOLE   311,675 0 0
EAST WEST BANCORP INC COM 27579R104   13,406,858 241,565 SH   SOLE   241,565 0 0
F N B CORP COM 302520101   11,801,736 1,017,391 SH   SOLE   1,017,391 0 0
FIRST BANCORP P R COM NEW 318672706   10,170,241 890,564 SH   SOLE   890,564 0 0
FIRST BANCSHARES INC MS COM 318916103   7,788,933 301,546 SH   SOLE   301,546 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103   10,996,030 11,300 SH   SOLE   11,300 0 0
FIRST INTERNET BANCORP COM 320557101   5,779,032 347,089 SH   SOLE   347,089 0 0
FIRST INTST BANCSYSTEM INC COM CL A 32055Y201   2,434,635 81,535 SH   SOLE   81,535 0 0
HANCOCK WHITNEY CORPORATION COM 410120109   8,979,370 246,686 SH   SOLE   246,686 0 0
HANMI FINL CORP COM NEW 410495204   6,532,090 351,755 SH   SOLE   351,755 0 0
HERITAGE COMM CORP COM 426927109   7,276,072 873,478 SH   SOLE   873,478 0 0
INVESTAR HLDG CORP COM 46134L105   4,450,518 318,805 SH   SOLE   318,805 0 0
LAKELAND BANCORP INC COM 511637100   3,128,141 200,009 SH   SOLE   200,009 0 0
M & T BK CORP COM 55261F104   5,918,715 49,500 SH   SOLE   49,500 0 0
MERCANTILE BK CORP COM 587376104   7,464,761 244,106 SH   SOLE   244,106 0 0
NEW YORK CMNTY BANCORP INC COM 649445103   3,435,200 380,000 SH   SOLE   380,000 0 0
OFG BANCORP COM 67103X102   11,297,571 452,990 SH   SOLE   452,990 0 0
OLD NATL BANCORP IND COM 680033107   6,602,284 457,856 SH   SOLE   457,856 0 0
OLD SECOND BANCORP INC ILL COM 680277100   13,814,498 982,539 SH   SOLE   982,539 0 0
OP BANCORP COM 67109R109   4,599,814 516,253 SH   SOLE   516,253 0 0
PACIFIC PREMIER BANCORP COM 69478X105   8,529,286 355,091 SH   SOLE   355,091 0 0
PREFERRED BK LOS ANGELES CA COM NEW 740367404   13,679,918 249,588 SH   SOLE   249,588 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   17,928,626 965,982 SH   SOLE   965,982 0 0
RENASANT CORP COM 75970E107   4,879,437 159,563 SH   SOLE   159,563 0 0
SOUTHSTATE CORPORATION COM 840441109   8,026,370 112,635 SH   SOLE   112,635 0 0
STELLAR BANCORP INC COM 858927106   14,121,193 573,799 SH   SOLE   573,799 0 0
SYNOVUS FINL CORP COM NEW 87161C501   17,291,499 560,866 SH   SOLE   560,866 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107   2,448,000 50,000 SH   SOLE   50,000 0 0
US BANCORP DEL COM NEW 902973304   9,416,260 261,200 SH   SOLE   261,200 0 0
WEBSTER FINL CORP COM 947890109   16,122,307 408,988 SH   SOLE   408,988 0 0
WESTERN ALLIANCE BANCORP COM 957638109   17,622,793 495,858 SH   SOLE   495,858 0 0
WINTRUST FINL CORP COM 97650W108   14,951,832 204,960 SH   SOLE   204,960 0 0
ZIONS BANCORPORATION N A COM 989701107   9,165,434 306,229 SH   SOLE   306,229 0 0