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
AFC GAMMA INC COM 00109K105 1,658 80,000 SH   SOLE   80,000 0 0
AFFINITY BANCSHARES INC COM 00832E103 2,442 188,000 SH   SOLE   188,000 0 0
ALTABANCORP COM 021347109 25,503 589,000 SH   SOLE   589,000 0 0
AMERICAN NATL BANKSHARES INC COM 027745108 11,930 384,000 SH   SOLE   384,000 0 0
ARES MANAGEMENT CORPORATION CL A COM STK 03990B101 1,441 23,000 SH   SOLE   23,000 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107 1,602 31,000 SH   SOLE   31,000 0 0
BANC OF CALIFORNIA INC COM 05990K106 20,941 1,194,000 SH   SOLE   1,194,000 0 0
BANK COMM HLDGS COM 06424J103 17,441 1,161,000 SH   SOLE   1,161,000 0 0
BANK7 CORP COM 06652N107 8,430 489,000 SH   SOLE   489,000 0 0
BANKFINANCIAL CORP COM 06643P104 12,758 1,115,000 SH   SOLE   1,115,000 0 0
BANNER CORP COM NEW 06652V208 12,647 233,000 SH   SOLE   233,000 0 0
BAYCOM CORP COM 07272M107 3,739 208,000 SH   SOLE   208,000 0 0
BERKSHIRE HILLS BANCORP INC COM 084680107 24,941 910,000 SH   SOLE   910,000 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 1,316 26,000 SH   SOLE   26,000 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 24,001 1,605,000 SH   SOLE   1,605,000 0 0
CAMBRIDGE BANCORP COM 132152109 17,844 215,000 SH   SOLE   215,000 0 0
CAPITAL BANCORP INC MD COM 139737100 1,331 65,000 SH   SOLE   65,000 0 0
CBTX INC COM 12481V104 36,472 1,335,000 SH   SOLE   1,335,000 0 0
CENTRAL VY CMNTY BANCORP COM 155685100 4,357 216,000 SH   SOLE   216,000 0 0
CHEMUNG FINL CORP COM 164024101 15,285 345,000 SH   SOLE   345,000 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104 13,018 952,000 SH   SOLE   952,000 0 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 3,923 178,000 SH   SOLE   178,000 0 0
COASTAL FINL CORP WA COM NEW 19046P209 21,054 737,000 SH   SOLE   737,000 0 0
COMMUNITY WEST BANCSHARES COM 204157101 1,280 96,000 SH   SOLE   96,000 0 0
EASTERN BANKSHARES INC COM 27627N105 57,582 2,799,000 SH   SOLE   2,799,000 0 0
EQUITY BANCSHARES INC COM CL A 29460X109 21,315 699,000 SH   SOLE   699,000 0 0
ESSA BANCORP INC COM 29667D104 16,426 1,002,000 SH   SOLE   1,002,000 0 0
EVANS BANCORP INC COM NEW 29911Q208 19,771 533,000 SH   SOLE   533,000 0 0
F N B CORP COM 302520101 12,449 1,010,000 SH   SOLE   1,010,000 0 0
FIRST MIDWEST BANCORP DEL COM 320867104 2,399 121,000 SH   SOLE   121,000 0 0
FIRST SVGS FINL GROUP INC COM 33621E109 8,661 118,000 SH   SOLE   118,000 0 0
FIRST WESTN FINL INC COM 33751L105 9,560 369,000 SH   SOLE   369,000 0 0
FISERV INC COM 337738108 2,002 19,000 SH   SOLE   19,000 0 0
FOLEY TRASIMENE ACQUISTN COR COM CL A 34431F104 1,231 126,000 SH   SOLE   126,000 0 0
GENERATIONS BANCORP NY INC COM 37149G108 930 92,000 SH   SOLE   92,000 0 0
GREAT SOUTHN BANCORP INC COM 390905107 11,624 216,000 SH   SOLE   216,000 0 0
GREAT WESTERN BANCORP INC COM 391416104 50,391 1,537,000 SH   SOLE   1,537,000 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 10,500 430,000 SH   SOLE   430,000 0 0
HAWTHORN BANCSHARES INC COM 420476103 1,524 66,000 SH   SOLE   66,000 0 0
HERITAGE COMM CORP COM 426927109 14,877 1,337,000 SH   SOLE   1,337,000 0 0
HMN FINL INC COM 40424G108 6,096 286,000 SH   SOLE   286,000 0 0
HOME BANCORP INC COM 43689E107 24,178 634,000 SH   SOLE   634,000 0 0
HOME FED BANCORP INC LA NEW COM 43708L108 4,354 223,000 SH   SOLE   223,000 0 0
HOMETRUST BANCSHARES INC COM 437872104 23,640 847,000 SH   SOLE   847,000 0 0
HORACE MANN EDUCATORS CORP N COM 440327104 1,625 43,000 SH   SOLE   43,000 0 0
INDEPENDENT BK CORP MICH COM NEW 453838609 32,697 1,506,000 SH   SOLE   1,506,000 0 0
INTERNATIONAL MNY EXPRESS IN COM 46005L101 1,248 84,000 SH   SOLE   84,000 0 0
KALEYRA INC COM 483379103 1,259 103,000 SH   SOLE   103,000 0 0
KB HOME COM 48666K109 1,477 36,000 SH   SOLE   36,000 0 0
LADDER CAP CORP CL A 505743104 1,340 116,000 SH   SOLE   116,000 0 0
LAKELAND BANCORP INC COM 511637100 38,621 2,209,000 SH   SOLE   2,209,000 0 0
LIMESTONE BANCORP INC COM 53262L105 1,857 112,000 SH   SOLE   112,000 0 0
MACKINAC FINL CORP COM 554571109 3,667 186,000 SH   SOLE   186,000 0 0
METLIFE INC COM 59156R108 1,426 24,000 SH   SOLE   24,000 0 0
MID PENN BANCORP INC COM 59540G107 6,624 241,000 SH   SOLE   241,000 0 0
MIDLAND STS BANCORP INC ILL COM 597742105 33,344 1,269,000 SH   SOLE   1,269,000 0 0
MR COOPER GROUP INC COM 62482R107 1,647 50,000 SH   SOLE   50,000 0 0
NATIONAL BK HLDGS CORP CL A 633707104 6,117 162,000 SH   SOLE   162,000 0 0
OLD POINT FINL CORP COM 680194107 12,562 512,000 SH   SOLE   512,000 0 0
OLD SECOND BANCORP INC ILL COM 680277100 19,235 1,551,000 SH   SOLE   1,551,000 0 0
PACIFIC MERCANTILE BANCORP COM 694552100 13,365 1,554,000 SH   SOLE   1,554,000 0 0
PACWEST BANCORP DEL COM 695263103 17,091 415,000 SH   SOLE   415,000 0 0
PAYA HOLDINGS INC COM CL A 70434P103 1,939 176,000 SH   SOLE   176,000 0 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 18,512 596,000 SH   SOLE   596,000 0 0
PENNANTPARK INVT CORP COM 708062104 1,004 150,000 SH   SOLE   150,000 0 0
PIONEER BANCORP INC MD COM 723561106 22,340 1,859,000 SH   SOLE   1,859,000 0 0
PREMIER FINANCIAL CORP COM 74052F108 25,665 903,000 SH   SOLE   903,000 0 0
PROFESSIONAL HLDG CORP CL A COM 743139107 5,500 305,000 SH   SOLE   305,000 0 0
PROVIDENT FINL HLDGS INC COM 743868101 8,885 514,000 SH   SOLE   514,000 0 0
PULTE GROUP INC COM 745867101 1,267 23,000 SH   SOLE   23,000 0 0
QCR HOLDINGS INC COM 74727A104 5,876 122,000 SH   SOLE   122,000 0 0
RADIAN GROUP INC COM 750236101 1,621 73,000 SH   SOLE   73,000 0 0
RANDOLPH BANCORP INC COM 752378109 11,229 542,000 SH   SOLE   542,000 0 0
RBB BANCORP COM 74930B105 23,212 958,000 SH   SOLE   958,000 0 0
REDWOOD TR INC COM 758075402 1,147 95,000 SH   SOLE   95,000 0 0
RIVERVIEW BANCORP INC COM 769397100 15,411 2,174,000 SH   SOLE   2,174,000 0 0
SALISBURY BANCORP INC COM 795226109 7,458 147,000 SH   SOLE   147,000 0 0
SEVERN BANCORP INC ANNAPOLIS COM 81811M100 659 55,000 SH   SOLE   55,000 0 0
SHORE BANCSHARES INC COM 825107105 15,917 950,000 SH   SOLE   950,000 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 1,423 6,000 SH   SOLE   6,000 0 0
SOUND FINL BANCORP INC COM 83607A100 10,044 218,000 SH   SOLE   218,000 0 0
SOUTH PLAINS FINANCIAL INC COM 83946P107 5,691 246,000 SH   SOLE   246,000 0 0
SOUTHERN FIRST BANCSHARES COM 842873101 23,584 461,000 SH   SOLE   461,000 0 0
SOUTHERN MO BANCORP INC COM 843380106 31,790 707,000 SH   SOLE   707,000 0 0
STERLING BANCORP INC COM 85917W102 12,043 2,647,000 SH   SOLE   2,647,000 0 0
TELOS CORP MD COM 87969B101 2,766 81,000 SH   SOLE   81,000 0 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 21,509 707,000 SH   SOLE   707,000 0 0
TPG RE FIN TR INC COM 87266M107 982 73,000 SH   SOLE   73,000 0 0
TRINITY CAP INC COM 896442308 1,446 100,000 SH   SOLE   100,000 0 0
UNITED SEC BANCSHARES CALIF COM 911460103 5,126 627,000 SH   SOLE   627,000 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100 13,997 531,000 SH   SOLE   531,000 0 0
UNUM GROUP COM 91529Y106 2,031 71,000 SH   SOLE   71,000 0 0
VERITEX HLDGS INC COM 923451108 99,171 2,801,000 SH   SOLE   2,801,000 0 0
VIRTU FINL INC CL A 928254101 1,200 43,000 SH   SOLE   43,000 0 0
WALKER & DUNLOP INC COM 93148P102 1,294 12,000 SH   SOLE   12,000 0 0
WESTERN NEW ENG BANCORP INC COM 958892101 2,668 327,000 SH   SOLE   327,000 0 0
WILLIAM PENN BANCORPORATION COM 96927A105 224 19,000 SH   SOLE   19,000 0 0
WINTRUST FINL CORP COM 97650W108 9,433 125,000 SH   SOLE   125,000 0 0