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
ALLEGIANCE BANCSHARES INC COM 01748H107 1,183 50,000 SH   SOLE   50,000 0 0
AMERIS BANCORP COM 03076K108 13,596 400,000 SH   SOLE   400,000 0 0
ANCHOR BANCORP WIS INC DEL COM 03283P106 37,056 851,000 SH   SOLE   851,000 0 0
ASTORIA FINL CORP COM 046265104 333 21,000 SH   SOLE   21,000 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 1,358 91,000 SH   SOLE   91,000 0 0
ATLANTIC COAST FINL CORP COM 048426100 8,891 1,517,000 SH   SOLE   1,517,000 0 0
AVENUE FINL HLDGS INC COM 05358K102 1,184 82,000 SH   SOLE   82,000 0 0
BANK MUTUAL CORP NEW COM 063750103 2,611 335,000 SH   SOLE   335,000 0 0
BENEFICIAL BANCORP INC COM 08171T102 2,006 151,000 SH   SOLE   151,000 0 0
BNC BANCORP COM 05566T101 26,379 1,039,000 SH   SOLE   1,039,000 0 0
BRIDGE BANCORP INC COM 108035106 16,639 547,000 SH   SOLE   547,000 0 0
BSB BANCORP INC MD COM 05573H108 1,040 44,000 SH   SOLE   44,000 0 0
CARDINAL FINL CORP COM 14149F109 6,836 300,000 SH   SOLE   300,000 0 0
CAROLINA BK HLDGS INC GREENS COM 143785103 4,290 235,000 SH   SOLE   235,000 0 0
CAROLINA FINL CORP NEW COM 143873107 766 43,000 SH   SOLE   43,000 0 0
CASCADE BANCORP COM NEW 147154207 367 60,000 SH   SOLE   60,000 0 0
CB FINL SVCS INC COM 12479G101 1,925 84,000 SH   SOLE   84,000 0 0
CENTERSTATE BANKS INC COM 15201P109 995 64,000 SH   SOLE   64,000 0 0
CENTRUE FINL CORP NEW COM NEW 15643B205 10,598 637,000 SH   SOLE   637,000 0 0
CHARTER FINL CORP MD COM 16122W108 4,219 319,000 SH   SOLE   319,000 0 0
CHEVIOT FINL CORP NEW COM 16677X105 444 29,000 SH   SOLE   29,000 0 0
CITIZENS CMNTY BANCORP INC M COM 174903104 2,443 258,000 SH   SOLE   258,000 0 0
CLIFTON BANCORP INC COM 186873105 713 50,000 SH   SOLE   50,000 0 0
COASTWAY BANCORP INC COM 190632109 914 70,000 SH   SOLE   70,000 0 0
CODORUS VY BANCORP INC COM 192025104 2,680 132,000 SH   SOLE   132,000 0 0
COMMERCE UN BANCSHARES INC COM 200828101 518 38,000 SH   SOLE   38,000 0 0
COMMUNITY FINL CORP MD COM 20368X101 2,288 109,000 SH   SOLE   109,000 0 0
CONNECTONE BANCORP INC NEW COM 20786W107 4,262 228,000 SH   SOLE   228,000 0 0
DNB FINL CORP COM 233237106 1,806 61,000 SH   SOLE   61,000 0 0
EASTERN VA BANKSHARES INC COM 277196101 3,460 482,000 SH   SOLE   482,000 0 0
EQUITY BANCSHARES INC COM CL A 29460X109 1,754 75,000 SH   SOLE   75,000 0 0
FIDELITY SOUTHERN CORP NEW COM 316394105 1,360 61,000 SH   SOLE   61,000 0 0
FIRST BANK WILLIAMSTOWN NJ COM 31931U102 908 137,000 SH   SOLE   137,000 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 200 8,000 SH   SOLE   8,000 0 0
FIRST CAPITAL BANCORP VA COM 319438107 2,803 504,000 SH   SOLE   504,000 0 0
FIRST CMNTY CORP S C COM 319835104 4,835 324,000 SH   SOLE   324,000 0 0
FIRST DEFIANCE FINL CORP COM 32006W106 1,543 41,000 SH   SOLE   41,000 0 0
FIRST FNDTN INC COM 32026V104 3,539 150,000 SH   SOLE   150,000 0 0
FIRST MID ILL BANCSHARES INC COM 320866106 2,488 119,000 SH   SOLE   119,000 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 379 35,000 SH   SOLE   35,000 0 0
FIRST SAVINGS FINL GROUP INC COM 33621E109 4,506 124,000 SH   SOLE   124,000 0 0
FOX CHASE BANCORP INC NEW COM 35137T108 6,412 316,000 SH   SOLE   316,000 0 0
FRANKLIN FINL NETWORK INC COM 35352P104 8,668 276,000 SH   SOLE   276,000 0 0
FS BANCORP INC COM 30263Y104 1,716 66,000 SH   SOLE   66,000 0 0
GEORGETOWN BANCORP INC MD COM 372591107 1,319 70,000 SH   SOLE   70,000 0 0
GREAT WESTN BANCORP INC COM 391416104 1,451 50,000 SH   SOLE   50,000 0 0
GUARANTY FED BANCSHARES INC COM 40108P101 4,586 301,000 SH   SOLE   301,000 0 0
HAMILTON BANCORP INC MD COM 407015106 2,050 144,000 SH   SOLE   144,000 0 0
HERITAGE FINL CORP WASH COM 42722X106 227 12,000 SH   SOLE   12,000 0 0
HERITAGE OAKS BANCORP COM 42724R107 374 47,000 SH   SOLE   47,000 0 0
HF FINL CORP COM 404172108 2,856 151,000 SH   SOLE   151,000 0 0
HOME BANCORP INC COM 43689E107 16,764 645,000 SH   SOLE   645,000 0 0
HOME FED BANCORP INC LA NEW COM 43708L108 3,356 149,000 SH   SOLE   149,000 0 0
HOMESTREET INC COM 43785V102 614 28,000 SH   SOLE   28,000 0 0
HOMETRUST BANCSHARES INC COM 437872104 8,035 397,000 SH   SOLE   397,000 0 0
HOPFED BANCORP INC COM 439734104 737 61,000 SH   SOLE   61,000 0 0
HOWARD BANCORP INC COM 442496105 417 32,000 SH   SOLE   32,000 0 0
IBERIABANK CORP COM 450828108 12,111 220,000 SH   SOLE   220,000 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 6,343 416,000 SH   SOLE   416,000 0 0
INVESTAR HLDG CORP COM 46134L105 8,216 467,000 SH   SOLE   467,000 0 0
INVESTORS BANCORP INC NEW COM 46146L101 74,791 6,012,000 SH   SOLE   6,012,000 0 0
JACKSONVILLE BANCORP INC FLA COM NEW 469249205 4,532 242,000 SH   SOLE   242,000 0 0
JACKSONVILLE BANCORP INC MD COM 46924R106 208 8,000 SH   SOLE   8,000 0 0
LAKELAND BANCORP INC COM 511637100 1,124 95,000 SH   SOLE   95,000 0 0
LAPORTE BANCORP INC MD COM 516651106 942 62,000 SH   SOLE   62,000 0 0
MAINSOURCE FINANCIAL GP INC COM 56062Y102 915 40,000 SH   SOLE   40,000 0 0
MALVERN BANCORP INC COM 561409103 2,581 147,000 SH   SOLE   147,000 0 0
MBT FINL CORP COM 578877102 1,347 197,000 SH   SOLE   197,000 0 0
MUTUALFIRST FINL INC COM 62845B104 6,378 257,000 SH   SOLE   257,000 0 0
NATIONAL BK HLDGS CORP CL A 633707104 13,770 644,000 SH   SOLE   644,000 0 0
NATIONAL GEN HLDGS CORP COM 636220303 9,897 453,000 SH   SOLE   453,000 0 0
NEWBRIDGE BANCORP CL A NO PAR 65080T102 24,201 1,987,000 SH   SOLE   1,987,000 0 0
NMI HLDGS INC CL A 629209305 371 55,000 SH   SOLE   55,000 0 0
NORTHFIELD BANCORP INC DEL COM 66611T108 637 40,000 SH   SOLE   40,000 0 0
OCEANFIRST FINL CORP COM 675234108 212 11,000 SH   SOLE   11,000 0 0
OLD LINE BANCSHARES INC COM 67984M100 10,329 588,000 SH   SOLE   588,000 0 0
OLD SECOND BANCORP INC ILL COM 680277100 1,176 150,000 SH   SOLE   150,000 0 0
PACIFIC PREMIER BANCORP COM 69478X105 15,536 731,000 SH   SOLE   731,000 0 0
PEOPLES UTAH BANCORP COM 712706209 1,291 75,000 SH   SOLE   75,000 0 0
POAGE BANKSHARES INC COM 730206109 939 55,000 SH   SOLE   55,000 0 0
PROVIDENT BANCORP INC COM 74383X109 779 60,000 SH   SOLE   60,000 0 0
PULASKI FINL CORP COM 745548107 661 41,000 SH   SOLE   41,000 0 0
QCR HOLDINGS INC COM 74727A104 3,463 143,000 SH   SOLE   143,000 0 0
ROYAL BANCSHARES PA INC CL A 780081105 418 200,000 SH   SOLE   200,000 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 10,319 689,000 SH   SOLE   689,000 0 0
SHORE BANCSHARES INC COM 825107105 6,738 619,000 SH   SOLE   619,000 0 0
SI FINL GROUP INC MD COM 78425V104 7,103 520,000 SH   SOLE   520,000 0 0
SOUTHERN MO BANCORP INC COM 843380106 6,700 280,000 SH   SOLE   280,000 0 0
STATE NATL COS INC COM 85711T305 5,473 558,000 SH   SOLE   558,000 0 0
SUN BANCORP INC COM NEW 86663B201 21,150 1,024,000 SH   SOLE   1,024,000 0 0
TRICO BANCSHARES COM 896095106 259 9,000 SH   SOLE   9,000 0 0
UNITED CMNTY BANCORP IND COM 90984R101 300 20,000 SH   SOLE   20,000 0 0
UNITED CMNTY BKS BLAIRSVLE G COM 90984P303 1,330 68,000 SH   SOLE   68,000 0 0
UNITED CMNTY FINL CORP OHIO COM 909839102 10,034 1,701,000 SH   SOLE   1,701,000 0 0
UNITED FINL BANCORP INC NEW COM 910304104 835 65,000 SH   SOLE   65,000 0 0
VERITEX HLDGS INC COM 923451108 7,447 459,000 SH   SOLE   459,000 0 0
WASHINGTONFIRST BANKSHARES I COM 940730104 1,734 77,000 SH   SOLE   77,000 0 0
WELLESLEY BANCORP INC COM 949485106 1,279 67,000 SH   SOLE   67,000 0 0
WESTBURY BANCORP INC COM 95727P106 6,170 343,000 SH   SOLE   343,000 0 0
YADKIN FINL CORP COM 984305102 3,850 153,000 SH   SOLE   153,000 0 0
YOUR CMNTY BANKSHARES INC COM 98779U106 7,900 251,000 SH   SOLE   251,000 0 0
ZIONS BANCORPORATION COM 989701107 1,461 54,000 SH   SOLE   54,000 0 0