Q1 2025 Holdings
Filed 2025-05-14 | 75 holdings | $403.4M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Orrstown Finl Svcs Inc(ORRF) | COM | 687380105 | $52.8M | 1,757,848 | 13.1% |
| Choiceone Finl Svcs Inc(COFS) | COM | 170386106 | $39.0M | 1,355,650 | 9.7% |
| California Bancorp(BCAL) | COM | 84252A106 | $34.5M | 2,409,178 | 8.6% |
| Community West Bancshares NE(CWBC) | COM | 203937107 | $33.2M | 1,795,566 | 8.2% |
| First Natl Corp(FXNC) | COM | 32106V107 | $19.4M | 864,765 | 4.8% |
| Franklin Finl Svcs Corp(FRAF) | COM | 353525108 | $14.2M | 400,623 | 3.5% |
| Financial Instns Inc(FISI) | COM | 317585404 | $13.7M | 547,087 | 3.4% |
| BV Finl Inc(BVFL) | COM NEW | 05603E208 | $13.3M | 869,040 | 3.3% |
| Meridian Corporation(MRBK) | COM | 58958P104 | $11.1M | 772,449 | 2.8% |
| Colony Bankcorp Inc(CBAN) | COM | 19623P101 | $11.0M | 682,658 | 2.7% |
| Riverview Bancorp Inc(RVSB) | COM | 769397100 | $9.9M | 1,754,499 | 2.5% |
| Shore Bancshares Inc(SHBI) | COM | 825107105 | $9.6M | 710,862 | 2.4% |
| Old PT Financial Corporation(OPOF) | COM | 680194107 | $9.6M | 319,682 | 2.4% |
| Eagle Finl Svcs Inc(EFSI) | COM | 26951R104 | $8.9M | 271,364 | 2.2% |
| First Northwest Bancorp(FNWB) | COM | 335834107 | $8.8M | 863,812 | 2.2% |
| Eagle Bancorp Mont Inc(EBMT) | COM | 26942G100 | $8.5M | 508,439 | 2.1% |
| Eagle Bancorp Inc MD(EGBN) | COM | 268948106 | $8.3M | 394,201 | 2.1% |
| Carter Bankshares Inc(CARE) | COM NEW | 146103106 | $7.2M | 443,933 | 1.8% |
| Western New ENG Bancorp Inc(WNEB) | COM | 958892101 | $5.6M | 601,166 | 1.4% |
| Bankwell Finl Group Inc(BWFG) | COM | 06654A103 | $5.0M | 166,563 | 1.2% |
| FB Bancorp Inc(FBLA) | COM | 31425A109 | $4.6M | 406,515 | 1.1% |
| First Cmnty Corp S C(FCCO) | COM | 319835104 | $4.3M | 190,438 | 1.1% |
| Metropolitan BK Hldg Corp(MCB) | COM | 591774104 | $3.9M | 69,769 | 1.0% |
| United SEC Bancshares Calif(UBFO) | COM | 911460103 | $2.9M | 323,757 | 0.7% |
| Bank of the James Finl GP in(BOTJ) | COM | 470299108 | $2.6M | 177,374 | 0.6% |
| OAK VY Bancorp Oakdale Calif(OVLY) | COM | 671807105 | $2.6M | 103,708 | 0.6% |
| Finward Bancorp(FNWD) | COM | 31812F109 | $2.5M | 85,420 | 0.6% |
| Dime Cmnty Bancshares Inc(DCOM) | COM | 25432X102 | $2.2M | 78,800 | 0.5% |
| First Fndtn Inc(FFWM) | COM | 32026V104 | $2.2M | 422,380 | 0.5% |
| First Cap Inc(FCAP) | COM | 31942S104 | $2.2M | 57,312 | 0.5% |
| Bridgewater Bancshares Inc(BWB) | COM | 108621103 | $2.2M | 156,964 | 0.5% |
| Southern First Bancshares(SFST) | COM | 842873101 | $2.2M | 66,181 | 0.5% |
| Fvcbankcorp Inc(FVCB) | COM | 36120Q101 | $2.2M | 204,975 | 0.5% |
| Citizens Cmnty Bancorp Inc M(CZWI) | COM | 174903104 | $2.1M | 144,551 | 0.5% |
| Atlantic UN Bankshares Corp(AUB) | COM | 04911A107 | $1.8M | 59,200 | 0.5% |
| Wesbanco Inc(WSBC) | COM | 950810101 | $1.8M | 58,400 | 0.4% |
| Primis Financial Corp(FRST) | COM | 74167B109 | $1.8M | 180,336 | 0.4% |
| CF Bankshares Inc(CFBK) | COM | 12520L109 | $1.7M | 76,549 | 0.4% |
| Bank Marin Bancorp(BMRC) | COM | 063425102 | $1.6M | 70,609 | 0.4% |
| Kearny Finl Corp MD(KRNY) | COM | 48716P108 | $1.5M | 245,850 | 0.4% |
| Optimumbank Hldgs Inc(OPHC) | COM | 68401P403 | $1.4M | 346,454 | 0.4% |
| OP Bancorp(OPBK) | COM | 67109R109 | $1.4M | 115,552 | 0.3% |
| Homestreet Inc(MCHB) | COM | 43785V102 | $1.3M | 113,906 | 0.3% |
| Flushing Finl Corp(FFIC) | COM | 343873105 | $1.3M | 104,096 | 0.3% |
| Oceanfirst Finl Corp(OCFC) | COM | 675234108 | $1.3M | 75,547 | 0.3% |
| Provident Finl Hldgs Inc(PROV) | COM | 743868101 | $1.3M | 87,654 | 0.3% |
| Burke Herbert Finl Svcs Corp(BHRB) | COM | 12135Y108 | $1.2M | 21,417 | 0.3% |
| MVB Finl Corp(MVBF) | COM | 553810102 | $1.2M | 69,133 | 0.3% |
| PNC Finl Svcs Group Inc(PNC) | COM | 693475105 | $1.2M | 6,618 | 0.3% |
| Blue Ridge Bankshares Inc VA(BRBS) | COM | 095825105 | $1.2M | 355,212 | 0.3% |