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
AMERANT BANCORP CL B ORD CL B 023576200 4,648 200,000 SH   SOLE NONE 200,000 0 0
AMERIS BANCORP ORD COM 03076K108 6,485 125,000 SH   SOLE NONE 125,000 0 0
BANC OF CALIFORNIA ORD COM 05990K106 3,039 164,382 SH   SOLE NONE 0 0 164,382
BANK NT BUTTERFIELD AND SON ORD SHS NEW G0772R208 1,775 50,000 SH   SOLE NONE 50,000 0 0
BUSINESS FIRST BANCSHARES ORD COM 12326C105 3,542 151,465 SH   SOLE NONE 151,465 0 0
BYLINE BANCORP ORD COM 124411109 11,052 450,000 SH   SOLE NONE 450,000 0 0
CADENCE BANCORPORATION CL A ORD CL A 12739A100 6,901 314,298 SH   SOLE NONE 314,298 0 0
CALIFORNIA BANCORP ORD COM 13005U101 272 15,546 SH   SOLE NONE 0 0 15,546
CAPITAL BANCORP ORD COM 139737100 283 11,781 SH   SOLE NONE 0 0 11,781
CAPSTAR FINANCIAL HO ORD COM 14070T102 350 16,493 SH   SOLE NONE 0 0 16,493
CIT GROUP ORD COM NEW 125581801 7,792 150,000 SH   SOLE NONE 150,000 0 0
CIVISTA BANCSHARES ORD COM NO PAR 178867107 2,903 125,000 SH   SOLE NONE 125,000 0 0
COASTAL FINANCIAL ORD COM NEW 19046P209 3,366 105,650 SH   SOLE NONE 105,650 0 0
COLONY BANKCORP ORD COM 19623P101 3,014 161,870 SH   SOLE NONE 161,870 0 0
CONNECTONE BANCORP ORD COM 20786W107 2,417 80,549 SH   SOLE NONE 80,549 0 0
COWEN CL A ORD CL A NEW 223622606 6,862 200,000 SH   SOLE NONE 200,000 0 0
ENTERPRISE FINANCIAL SERVICES ORD COM 293712105 2,264 50,000 SH   SOLE NONE 50,000 0 0
EQUITY BANCSHARES CL A ORD COM CL A 29460X109 15,508 464,611 SH   SOLE NONE 464,611 0 0
EVERTEC ORD COM 30040P103 2,286 50,000 SH   SOLE NONE 50,000 0 0
FB FINANCIAL ORD COM 30257X104 8,498 198,195 SH   SOLE NONE 198,195 0 0
FIRST BANCORP ORD COM NEW 318672706 10,329 785,541 SH   SOLE NONE 0 0 785,541
FIRST BANCORP ORD COM 318910106 3,440 80,000 SH   SOLE NONE 80,000 0 0
FIRST BANCSHARES ORD COM 318916103 13,174 339,735 SH   SOLE NONE 0 0 339,735
FIRST HORIZON ORD COM 320517105 6,516 400,000 SH   SOLE NONE 400,000 0 0
FIRST INTERSTATE BANCSYSTEM CL A ORD COM CL A 32055Y201 2,113 52,500 SH   SOLE NONE 52,500 0 0
FIRST WESTERN FINANCIAL ORD COM 33751L105 459 15,941 SH   SOLE NONE 0 0 15,941
FIVE STAR BANCORP ORD COM 33830T103 2,394 100,000 SH   SOLE NONE 100,000 0 0
GLOBAL BLUE GROUP HOLDING ORD ORD SHS H33700107 79 131,385 SH   SOLE NONE 131,385 0 0
HOME BANCORP ORD COM 43689E107 290 7,500 SH   SOLE NONE 0 0 7,500
HOWARD BANCORP ORD COM 442496105 1,521 75,000 SH   SOLE NONE 75,000 0 0
LIMESTONE BANCORP ORD COM 53262L105 774 43,093 SH   SOLE NONE 0 0 43,093
LIVE OAK BANCSHARES ORD COM 53803X105 22,270 350,000 SH   SOLE NONE 350,000 0 0
MANNING AND NAPIER CL A ORD CL A 56382Q102 3,652 400,000 SH   SOLE NONE 400,000 0 0
METROPOLITAN BANK HOLDING ORD COM 591774104 7,696 91,300 SH   SOLE NONE 0 0 91,300
MID PENN BANCORP ORD COM 59540G107 2,190 79,517 SH   SOLE NONE 0 0 79,517
MVB FINANCIAL ORD COM 553810102 2,355 55,000 SH   SOLE NONE 55,000 0 0
NBT BANCORP ORD COM 628778102 1,806 50,000 SH   SOLE NONE 50,000 0 0
NCR ORD COM 62886E108 1,938 50,000 SH   SOLE NONE 50,000 0 0
NEW YORK COMMUNITY BANCORP ORD COM 649445103 3,955 307,349 SH   SOLE NONE 307,349 0 0
NICOLET BANKSHARES ORD COM 65406E102 2,493 33,617 SH   SOLE NONE 33,617 0 0
OCEANFIRST FINANCIAL ORD COM 675234108 4,487 209,575 SH   SOLE NONE 209,575 0 0
OLD SECOND BANCORP ORD COM 680277100 2,612 200,000 SH   SOLE NONE 200,000 0 0
ORIGIN BANCORP ORD COM 68621T102 9,742 230,046 SH   SOLE NONE 230,046 0 0
PACW PACWEST BANCORP ORD COM 695263103 7,931 175,000 SH   SOLE NONE 175,000 0 0
PARTNERS BANCORP ORD COM 70213Q108 92 11,137 SH   SOLE NONE 0 0 11,137
PRIMIS FINANCIAL ORD COM 74167B109 5,323 368,129 SH   SOLE NONE 368,129 0 0
PROFESSIONAL HOLDING CL A ORD CL A COM 743139107 269 14,327 SH   SOLE NONE 0 0 14,327
RELIANT BANCORP ORD COM 75956B101 5,580 176,655 SH   SOLE NONE 176,655 0 0
RIVERVIEW BANCORP ORD COM 769397100 508 69,918 SH   SOLE NONE 0 0 69,918
SEACOAST BANKING OF FLORIDA ORD COM NEW 811707801 1,352 40,000 SH   SOLE NONE 40,000 0 0
SELECT BANCORP ORD COM 81617L108 5,238 303,678 SH   SOLE NONE 0 0 303,678
SIGNATURE BANK ORD COM 82669G104 4,084 15,000 SH   SOLE NONE 15,000 0 0
SILVERGATE CAPITAL CL A ORD CL A 82837P408 5,197 45,000 SH   SOLE NONE 45,000 0 0
SMARTFINANCIAL ORD COM NEW 83190L208 787 30,450 SH   SOLE NONE 0 0 30,450
SOUTHERN FIRST BANC ORD COM 842873101 584 10,918 SH   SOLE NONE 0 0 10,918
SOUTHERN STATES BANCSHARES ORD COM 843878307 3,488 182,941 SH   SOLE NONE 182,941 0 0
SPIRIT OF TEXAS BANCSHARES ORD COM 84861D103 12,378 511,520 SH   SOLE NONE 0 0 511,520
TRIUMPH BANCORP ORD COM 89679E300 7,509 75,000 SH   SOLE NONE 75,000 0 0
U S CENTURY BANK CL A ORD CLASS A COM 90343D108 5,768 472,802 SH   SOLE NONE 472,802 0 0
VERITEX HOLDINGS ORD COM 923451108 15,744 400,000 SH   SOLE NONE 400,000 0 0
VERSABANK ORD COM 92512J106 7,033 636,790 SH   SOLE NONE 636,790 0 0
WELLS FARGO ORD COM 949746101 3,480 75,000 SH   SOLE NONE 75,000 0 0
WINTRUST FINANCIAL ORD COM 97650W108 1,607 20,000 SH   SOLE NONE 20,000 0 0