Q3 2019 Holdings
Filed 2019-11-14 | 93 holdings | $104.4M | 13F-HR | View on SEC ↗ · Holdings Table ↗
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| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Ambac Finl Group Inc(OSG) | COM NEW | 023139884 | $40.5M | 2,072,681 | 38.8% |
| Coastal Finl Corp WA(CCB) | COM NEW | 19046P209 | $15.7M | 1,037,308 | 15.0% |
| Bridgewater Bancshares Inc(BWB) | COM ACCD INV | 108621103 | $14.3M | 1,200,329 | 13.7% |
| Business First Bancshares in(BFST) | COM | 12326C105 | $14.1M | 576,506 | 13.5% |
| Brighthouse Finl Inc(BHF) | COM | 10922N103 | $13.7M | 337,925 | 13.1% |
| Ally Finl Inc(ALLY) | COM | 02005N100 | $5.5M | 165,206 | 5.2% |
| Sterling Bancorp del(STL) | COM | 85917A100 | $46.8K | 2,332,538 | 0.0% |
| Citizens Finl Group Inc(CFG) | COM | 174610105 | $45.7K | 1,292,075 | 0.0% |
| Synovus Finl Corp(SYU1) | COM NEW | 87161C501 | $33.2K | 929,102 | 0.0% |
| Newmark Group Inc(NMRK) | CL A | 65158N102 | $27.3K | 3,016,560 | 0.0% |
| PCB Bancorp(PCB) | COM | 69320M109 | $24.9K | 1,515,859 | 0.0% |
| Banc of California Inc(BANC) | COM | 05990K106 | $23.8K | 1,683,597 | 0.0% |
| MVB Financial Corp(MVBF) | COM | 553810102 | $22.4K | 1,129,478 | 0.0% |
| Radian Group Inc(RDN) | COM | 750236101 | $16.2K | 710,000 | 0.0% |
| Mbia Inc(MBI) | COM | 55262C100 | $15.7K | 1,696,682 | 0.0% |
| Metropolitan BK Hldg Corp(MCB) | COM | 591774104 | $14.9K | 380,000 | 0.0% |
| Baycom Corp(BCML) | COM | 07272M107 | $14.7K | 645,322 | 0.0% |
| Malvern Bancorp Inc | COM | 561409103 | $14.0K | 640,587 | 0.0% |
| Bank Princeton New Jersey(BPRNUSD) | COM | 064520109 | $13.1K | 451,888 | 0.0% |
| Crossfirst Bankshares Inc | COM | 22766M109 | $13.1K | 912,280 | 0.0% |
| Istar Inc | NOTE 3.125% 9/1 | 45031UCB5 | $12.7K | $12,000,000 | 0.0% |
| First Horizon Natl Corp(FHN) | COM | 320517105 | $12.5K | 770,190 | 0.0% |
| Pacific Mercantile Bancorp(PMBC) | COM | 694552100 | $12.0K | 1,603,251 | 0.0% |
| FS Bancorp Inc(FSBW) | COM | 30263Y104 | $10.6K | 201,573 | 0.0% |
| SB Finl Group Inc(SBFG) | COM | 78408D105 | $10.5K | 629,151 | 0.0% |
| Bank Comm Hldgs | COM | 06424J103 | $9.7K | 886,261 | 0.0% |
| Investar Hldg Corp(ISTR) | COM | 46134L105 | $9.5K | 400,000 | 0.0% |
| Fifth Third Bancorp(FITB) | COM | 316773100 | $9.1K | 331,615 | 0.0% |
| Unity Bancorp Inc(UNTY) | COM | 913290102 | $8.8K | 395,535 | 0.0% |
| Smartfinancial Inc(SMBK) | COM NEW | 83190L208 | $8.5K | 407,774 | 0.0% |
| Mainstreet Bancshares Inc(MNSB) | COM | 56064Y100 | $8.5K | 402,288 | 0.0% |
| OP Bancorp(OPBK) | COM | 67109R109 | $8.4K | 859,130 | 0.0% |
| Mackinac Finl Corp(MFNC) | COM | 554571109 | $8.1K | 525,000 | 0.0% |
| Severn Bancorp Annapolis MD(SVBI) | COM | 81811M100 | $8.0K | 1,000,000 | 0.0% |
| Keycorp New(KEY) | COM | 493267108 | $7.6K | 424,560 | 0.0% |
| Eagle Bancorp Mont Inc(EBMT) | COM | 26942G100 | $7.4K | 425,222 | 0.0% |
| FNB Corp PA(FNB) | COM | 302520101 | $7.4K | 643,394 | 0.0% |
| Umpqua Hldgs Corp(UMPQUSD) | COM | 904214103 | $7.3K | 446,284 | 0.0% |
| Berkshire Hills Bancorp Inc(BBT) | COM | 084680107 | $7.1K | 241,160 | 0.0% |
| Rhinebeck Bancorp Inc(RBKB) | COM | 762093102 | $7.1K | 659,018 | 0.0% |
| First Ctzns Bancshares Inc N(FCNCA) | CL A | 31946M103 | $6.3K | 13,407 | 0.0% |
| Assured Guaranty LTD(AGO) | COM | G0585R106 | $5.9K | 133,142 | 0.0% |
| ON Deck Cap Inc(ONDK) | COM | 682163100 | $5.9K | 1,743,403 | 0.0% |
| SB One Bancorp | COM | 78413T103 | $5.7K | 251,452 | 0.0% |
| Randolph Bancorp Inc | COM | 752378109 | $5.5K | 381,470 | 0.0% |
| Wintrust Finl Corp(WTFC) | COM | 97650W108 | $5.5K | 85,201 | 0.0% |
| First UTD Corp(FUNC) | COM | 33741H107 | $5.2K | 237,043 | 0.0% |
| Orrstown Finl Svcs Inc(ORRF) | COM | 687380105 | $4.9K | 223,056 | 0.0% |
| Riverview Finl Corp New(RIVE) | COM | 76940Q105 | $4.8K | 409,271 | 0.0% |
| Shore Bancshares Inc(SHBI) | COM | 825107105 | $4.7K | 307,187 | 0.0% |