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
AFFINITY BANCSHARES INC COM 00832E103 2,295 188,300 SH   SOLE   188,300 0 0
ALTABANCORP COM 021347109 25,491 606,300 SH   SOLE   606,300 0 0
AMERICAN FINL GROUP INC OHIO COM 025932104 1,737 15,200 SH   SOLE   15,200 0 0
AMERICAN NATL BANKSHARES INC COM 027745108 12,690 383,700 SH   SOLE   383,700 0 0
AMERIS BANCORP COM 03076K108 30,848 587,500 SH   SOLE   587,500 0 0
BANC OF CALIFORNIA INC COM 05990K106 20,722 1,146,100 SH   SOLE   1,146,100 0 0
BANK COMM HLDGS COM 06424J103 8,249 647,000 SH   SOLE   647,000 0 0
BANK NEW YORK MELLON CORP COM 064058100 1,603 33,900 SH   SOLE   33,900 0 0
BANK7 CORP COM 06652N107 8,629 490,000 SH   SOLE   490,000 0 0
BANNER CORP COM NEW 06652V208 13,552 254,100 SH   SOLE   254,100 0 0
BAYCOM CORP COM 07272M107 3,754 208,300 SH   SOLE   208,300 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 20,635 924,500 SH   SOLE   924,500 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,724 38,700 SH   SOLE   38,700 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 24,202 1,613,500 SH   SOLE   1,613,500 0 0
BYLINE BANCORP INC COM 124411109 16,480 779,200 SH   SOLE   779,200 0 0
CAMBRIDGE BANCORP COM 132152109 18,130 215,000 SH   SOLE   215,000 0 0
CAPITAL BANCORP INC MD COM 139737100 1,256 65,100 SH   SOLE   65,100 0 0
CBTX INC COM 12481V104 39,758 1,294,200 SH   SOLE   1,294,200 0 0
CENTURY BANCORPORATION INC CL A NON VTG 156432106 3,794 40,700 SH   SOLE   40,700 0 0
CHEMUNG FINL CORP COM 164024101 1,022 24,400 SH   SOLE   24,400 0 0
CITIGROUP INC COM NEW 172967424 1,591 21,900 SH   SOLE   21,900 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104 11,809 951,600 SH   SOLE   951,600 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 897 39,100 SH   SOLE   39,100 0 0
COASTAL FINL CORP WA COM NEW 19046P209 20,451 780,000 SH   SOLE   780,000 0 0
COMMUNITY WEST BANCSHARES COM 204157101 1,149 89,500 SH   SOLE   89,500 0 0
EASTERN BANKSHARES INC COM 27627N105 74,531 3,863,700 SH   SOLE   3,863,700 0 0
EQUITABLE HLDGS INC COM 29452E101 1,596 48,900 SH   SOLE   48,900 0 0
EQUITY BANCSHARES INC COM CL A 29460X109 9,817 358,300 SH   SOLE   358,300 0 0
ESSA BANCORP INC COM 29667D104 6,390 399,400 SH   SOLE   399,400 0 0
EVANS BANCORP INC COM NEW 29911Q208 16,251 479,500 SH   SOLE   479,500 0 0
F N B CORP COM 302520101 43,478 3,423,500 SH   SOLE   3,423,500 0 0
FINSERV ACQUISITION CORP CL A 318085107 1,196 91,300 SH   SOLE   91,300 0 0
FIRST HORIZON CORPORATION COM 320517105 18,912 1,118,400 SH   SOLE   1,118,400 0 0
FIRST MIDWEST BANCORP DEL COM 320867104 3,414 155,800 SH   SOLE   155,800 0 0
FIRST SVGS FINL GROUP INC COM 33621E109 7,948 118,400 SH   SOLE   118,400 0 0
FIRST WESTN FINL INC COM 33751L105 9,235 369,300 SH   SOLE   369,300 0 0
FISERV INC COM 337738108 1,318 11,100 SH   SOLE   11,100 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705 17,322 384,100 SH   SOLE   384,100 0 0
FOLEY TRASIMENE ACQUISTN COR COM CL A 34431F104 2,149 214,000 SH   SOLE   214,000 0 0
FORESTAR GROUP INC COM 346232101 1,127 48,400 SH   SOLE   48,400 0 0
FS KKR CAP CORP COM 302635206 1,578 79,600 SH   SOLE   79,600 0 0
GENERATIONS BANCORP NY INC COM 37149G108 913 92,000 SH   SOLE   92,000 0 0
GRANITE PT MTG TR INC COM STK 38741L107 1,529 127,800 SH   SOLE   127,800 0 0
GREAT SOUTHN BANCORP INC COM 390905107 12,221 215,700 SH   SOLE   215,700 0 0
GREAT WESTERN BANCORP INC COM 391416104 46,864 1,547,200 SH   SOLE   1,547,200 0 0
GREAT WESTN NATL BK PORTLAND COM 695263103 13,856 363,200 SH   SOLE   363,200 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 8,320 430,000 SH   SOLE   430,000 0 0
HAWTHORN BANCSHARES INC COM 420476103 1,361 63,900 SH   SOLE   63,900 0 0
HERITAGE COMM CORP COM 426927109 8,491 694,800 SH   SOLE   694,800 0 0
HMN FINL INC COM 40424G108 5,756 286,200 SH   SOLE   286,200 0 0
HOME BANCORP INC COM 43689E107 22,871 634,400 SH   SOLE   634,400 0 0
HOME FED BANCORP INC LA NEW COM 43708L108 3,506 111,700 SH   SOLE   111,700 0 0
HOMETRUST BANCSHARES INC COM 437872104 6,344 260,600 SH   SOLE   260,600 0 0
INDEPENDENT BK CORP MICH COM NEW 453838609 35,859 1,516,900 SH   SOLE   1,516,900 0 0
INDEPENDENT BK GROUP INC COM 45384B106 18,577 257,200 SH   SOLE   257,200 0 0
KB HOME COM 48666K109 1,640 35,200 SH   SOLE   35,200 0 0
LAKELAND BANCORP INC COM 511637100 16,680 957,000 SH   SOLE   957,000 0 0
LIMESTONE BANCORP INC COM 53262L105 1,769 111,600 SH   SOLE   111,600 0 0
M D C HLDGS INC COM 552676108 1,596 26,900 SH   SOLE   26,900 0 0
MACKINAC FINL CORP COM 554571109 3,376 240,800 SH   SOLE   240,800 0 0
MGIC INVT CORP WIS COM 552848103 1,635 118,100 SH   SOLE   118,100 0 0
MIDLAND STS BANCORP INC ILL COM 597742105 34,933 1,259,300 SH   SOLE   1,259,300 0 0
MR COOPER GROUP INC COM 62482R107 1,918 55,200 SH   SOLE   55,200 0 0
NATIONAL BK HLDGS CORP CL A 633707104 6,431 162,100 SH   SOLE   162,100 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 1,691 150,300 SH   SOLE   150,300 0 0
OCEANFIRST FINL CORP COM 675234108 42,120 1,759,400 SH   SOLE   1,759,400 0 0
OLD POINT FINL CORP COM 680194107 12,045 512,100 SH   SOLE   512,100 0 0
OLD SECOND BANCORP INC ILL COM 680277100 20,492 1,551,200 SH   SOLE   1,551,200 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 13,831 1,554,100 SH   SOLE   1,554,100 0 0
PAYA HOLDINGS INC COM CL A 70434P103 1,723 157,200 SH   SOLE   157,200 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 2,720 88,100 SH   SOLE   88,100 0 0
PENNYMAC FINL SVCS INC NEW COM 70932M107 1,520 22,700 SH   SOLE   22,700 0 0
PIONEER BANCORP INC COM 723561106 13,830 1,187,100 SH   SOLE   1,187,100 0 0
POPULAR INC COM NEW 733174700 1,226 17,400 SH   SOLE   17,400 0 0
PREMIER FINANCIAL CORP COM 74052F108 35,618 1,070,900 SH   SOLE   1,070,900 0 0
PROFESSIONAL HLDG CORP CL A COM 743139107 5,607 305,200 SH   SOLE   305,200 0 0
PROVIDENT FINL HLDGS INC COM 743868101 6,418 379,800 SH   SOLE   379,800 0 0
QCR HOLDINGS INC COM 74727A104 873 18,500 SH   SOLE   18,500 0 0
RANDOLPH BANCORP INC COM 752378109 10,847 542,300 SH   SOLE   542,300 0 0
REDWOOD TR INC COM 758075402 1,730 166,100 SH   SOLE   166,100 0 0
REINSURANCE GRP OF AMERICA I COM NEW 759351604 1,579 12,500 SH   SOLE   12,500 0 0
RIVERVIEW BANCORP INC COM 769397100 15,063 2,173,600 SH   SOLE   2,173,600 0 0
SELECT BANCORP INC NEW COM 81617L108 4,216 380,800 SH   SOLE   380,800 0 0
SEVERN BANCORP INC ANNAPOLIS COM 81811M100 670 55,400 SH   SOLE   55,400 0 0
SHORE BANCSHARES INC COM 825107105 14,882 874,400 SH   SOLE   874,400 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 1,699 7,500 SH   SOLE   7,500 0 0
SOUND FINL BANCORP INC COM 83607A100 9,092 218,400 SH   SOLE   218,400 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107 5,591 246,100 SH   SOLE   246,100 0 0
SOUTHERN FIRST BANCSHARES COM 842873101 11,132 237,400 SH   SOLE   237,400 0 0
SOUTHERN MO BANCORP INC COM 843380106 27,873 707,100 SH   SOLE   707,100 0 0
STERLING BANCORP INC COM 85917W102 14,651 2,588,600 SH   SOLE   2,588,600 0 0
TEXAS CAP BANCSHARES INC COM 88224Q107 509 7,200 SH   SOLE   7,200 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 20,691 680,600 SH   SOLE   680,600 0 0
TRANSUNION COM 89400J107 1,742 19,400 SH   SOLE   19,400 0 0
TRINITY CAP INC COM 896442308 1,334 89,400 SH   SOLE   89,400 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100 15,600 545,700 SH   SOLE   545,700 0 0
VERITEX HLDGS INC COM 923451108 100,533 3,072,500 SH   SOLE   3,072,500 0 0
VIRTU FINL INC CL A 928254101 1,627 52,400 SH   SOLE   52,400 0 0
WESBANCO INC COM 950810101 9,888 274,200 SH   SOLE   274,200 0 0
WESTERN NEW ENG BANCORP INC COM 958892101 4,405 522,500 SH   SOLE   522,500 0 0
WILLIAM PENN BANCORP INC COM 96927A105 214 18,800 SH   SOLE   18,800 0 0