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
1ST CONSTITUTION BANCORP COM 31986N102 1,668 125,887 SH   OTR 1 2 0 125,887 0
ACORDA THERAPEUTICS INC COM 00484M106 28 30,000 SH   OTR 1 2 0 30,000 0
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 75 94,727 SH   OTR 1 2 0 94,727 0
AMERICAN NATL BANKSHARES INC COM 027745108 248 10,358 SH   OTR 1 2 0 10,358 0
AMERIS BANCORP COM 03076K108 522 21,976 SH   OTR 1 2 0 21,976 0
AT&T INC COM 00206R102 50 1,700 SH   OTR 1 2 0 1,700 0
AT&T INC COM 00206R102 13 16,800 SH Call OTR 1 2 0 16,800 0
ATLANTIC UN BANKSHARES CORP COM 04911A107 1,273 58,136 SH   OTR 1 2 0 58,136 0
BANC OF CALIFORNIA INC COM 05990K106 128 15,886 SH   OTR 1 2 0 15,886 0
BANK COMM HLDGS COM 06424J103 161 20,421 SH   OTR 1 2 0 20,421 0
BANK OF THE ST JAMES FINL GP COM 470299108 188 21,531 SH   OTR 1 2 0 21,531 0
BECTON DICKINSON & CO COM 075887109 205 894 SH   OTR 1 2 0 894 0
BK OF AMERICA CORP COM 060505104 1,439 67,755 SH   OTR 1 2 0 67,755 0
BK OF AMERICA CORP COM 060505104 1,243 600,000 SH Call OTR 1 2 0 600,000 0
CAPITAL ONE FINL CORP COM 14040H105 211 83,000 SH Call OTR 1 2 0 83,000 0
CAPITAL ONE FINL CORP COM 14040H105 378 7,492 SH   OTR 1 2 0 7,492 0
CB FINL SVCS INC COM 12479G101 662 34,273 SH   OTR 1 2 0 34,273 0
CERUS CORP COM 157085101 1,664 357,549 SH   OTR 1 2 0 357,549 0
CIT GROUP INC COM NEW 125581801 79 4,628 SH   OTR 1 2 0 4,628 0
CIT GROUP INC COM NEW 125581801 2 13,000 SH Call OTR 1 2 0 13,000 0
CITIGROUP INC COM NEW 172967424 78 1,842 SH   OTR 1 2 0 1,842 0
CITIGROUP INC COM NEW 172967424 187 81,600 SH Call OTR 1 2 0 81,600 0
CITIZENS FINANCIAL GROUP INC COM 174610105 88 4,661 SH   OTR 1 2 0 4,661 0
CITIZENS FINANCIAL GROUP INC COM 174610105 20 7,000 SH Call OTR 1 2 0 7,000 0
CIVISTA BANCSHARES INC COM NO PAR 178867107 344 23,005 SH   OTR 1 2 0 23,005 0
CNO FINL GROUP INC COM 12621E103 408 32,890 SH   OTR 1 2 0 32,890 0
CODORUS VY BANCORP INC COM 192025104 176 10,923 SH   OTR 1 2 0 10,923 0
COMERICA INC COM 200340107 97 3,309 SH   OTR 1 2 0 3,309 0
COMERICA INC COM 200340107 32 612,000 SH Call OTR 1 2 0 612,000 0
CONNECTONE BANCORP INC NEW COM 20786W107 388 28,847 SH   OTR 1 2 0 28,847 0
COWEN INC CL A NEW 223622606 3,806 399,396 SH   OTR 1 2 0 399,396 0
CRESCENT CAP BDC INC COM 225655109 532 55,149 SH   OTR 1 2 0 55,149 0
DIME CMNTY BANCSHARES COM 253922108 924 67,427 SH   OTR 1 2 0 67,427 0
ENTERPRISE FINL SVCS CORP COM 293712105 531 19,029 SH   OTR 1 2 0 19,029 0
FAUQUIER BANKSHARES INC VA COM 312059108 650 47,281 SH   OTR 1 2 0 47,281 0
FIFTH THIRD BANCORP COM 316773100 910 61,292 SH   OTR 1 2 0 61,292 0
FIFTH THIRD BANCORP COM 316773100 132 49,700 SH Call OTR 1 2 0 49,700 0
FIRST CMNTY CORP S C COM 319835104 212 13,500 SH   OTR 1 2 0 13,500 0
FIRST DEFIANCE FINL CORP COM 32006W106 363 24,607 SH   OTR 1 2 0 24,607 0
FIRST GTY BANCSHARES INC COM 32043P106 968 67,116 SH   OTR 1 2 0 67,116 0
FIRST MIDWEST BANCORP DEL COM 320867104 142 10,716 SH   OTR 1 2 0 10,716 0
FRANKLIN FINL NETWORK INC COM 35352P104 2,279 111,768 SH   OTR 1 2 0 111,768 0
GUARANTY FED BANCSHARES INC COM 40108P101 223 15,000 SH   OTR 1 2 0 15,000 0
HANESBRANDS INC COM 410345102 79 10,000 SH   OTR 1 2 0 10,000 0
HANOVER INS GROUP INC COM 410867105 528 5,826 SH   OTR 1 2 0 5,826 0
HOMETRUST BANCSHARES INC COM 437872104 239 15,000 SH   OTR 1 2 0 15,000 0
HUNTINGTON BANCSHARES INC COM 446150104 169 20,528 SH   OTR 1 2 0 20,528 0
HUNTINGTON BANCSHARES INC COM 446150104 5 5,400 SH Call OTR 1 2 0 5,400 0
IMPAC MTG HLDGS INC COM NEW 45254P508 184 76,102 SH   OTR 1 2 0 76,102 0
JPMORGAN CHASE & CO COM 46625H100 699 7,760 SH   OTR 1 2 0 7,760 0
JPMORGAN CHASE & CO COM 46625H100 1,017 122,600 SH Call OTR 1 2 0 122,600 0
KEYCORP COM 493267108 30 49,400 SH Call OTR 1 2 0 49,400 0
KEYCORP COM 493267108 279 26,885 SH   OTR 1 2 0 26,885 0
KINGSTONE COS INC COM 496719105 482 94,305 SH   OTR 1 2 0 94,305 0
LIMESTONE BANCORP INC COM 53262L105 334 30,000 SH   OTR 1 2 0 30,000 0
LIQUID MEDIA GROUP LTD NEW COM NEW 53634Q204 67 24,521 SH   OTR 1 2 0 24,521 0
M & T BK CORP COM 55261F104 278 2,695 SH   OTR 1 2 0 2,695 0
MADISON SQUARE GARDEN CO NEW CL A 55825T103 254 1,203 SH   OTR 1 2 0 1,203 0
MAIDEN HOLDINGS LTD SHS G5753U112 104 114,734 SH   OTR 1 2 0 114,734 0
MAINSTREET BANCSHARES INC COM 56064Y100 875 52,185 SH   OTR 1 2 0 52,185 0
MERIDIAN BANCORP INC MD COM 58958U103 2,021 180,122 SH   OTR 1 2 0 180,122 0
MID PENN BANCORP INC COM 59540G107 394 19,437 SH   OTR 1 2 0 19,437 0
MONROE CAP CORP COM 610335101 88 12,347 SH   OTR 1 2 0 12,347 0
MORGAN STANLEY COM NEW 617446448 242 7,140 SH   OTR 1 2 0 7,140 0
MORGAN STANLEY COM NEW 617446448 202 56,200 SH Call OTR 1 2 0 56,200 0
OFG BANCORP COM 67103X102 113 10,121 SH   OTR 1 2 0 10,121 0
O-I GLASS INC COM 67098H104 90 12,600 SH   OTR 1 2 0 12,600 0
ONCOSEC MED INC COM 68234L306 41 32,303 SH   OTR 1 2 0 32,303 0
OP BANCORP COM 67109R109 232 31,107 SH   OTR 1 2 0 31,107 0
PACIFIC MERCANTILE BANCORP COM 694552100 360 76,400 SH   OTR 1 2 0 76,400 0
PEAPACK-GLADSTONE FINL CORP COM 704699107 2,026 112,893 SH   OTR 1 2 0 112,893 0
PFIZER INC COM 717081103 141 4,330 SH   OTR 1 2 0 4,330 0
PFIZER INC COM 717081103 7 8,000 SH Call OTR 1 2 0 8,000 0
PINNACLE FINL PARTNERS INC COM 72346Q104 1,567 41,755 SH   OTR 1 2 0 41,755 0
PNC FINL SVCS GROUP INC COM 693475105 1,889 19,733 SH   OTR 1 2 0 19,733 0
PNC FINL SVCS GROUP INC COM 693475105 147 12,300 SH Call OTR 1 2 0 12,300 0
POPULAR INC COM NEW 733174700 299 8,548 SH   OTR 1 2 0 8,548 0
PROSPERITY BANCSHARES INC COM 743606105 232 4,813 SH   OTR 1 2 0 4,813 0
RBB BANCORP COM 74930B105 148 10,776 SH   OTR 1 2 0 10,776 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 491 54,766 SH   OTR 1 2 0 54,766 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 93 66,900 SH Call OTR 1 2 0 66,900 0
SAFEGUARD SCIENTIFICS INC COM NEW 786449207 113 20,405 SH   OTR 1 2 0 20,405 0
SB ONE BANCORP COM 78413T103 492 28,970 SH   OTR 1 2 0 28,970 0
SEACOAST BKG CORP FLA COM NEW 811707801 1,312 71,630 SH   OTR 1 2 0 71,630 0
SELECT BANCORP INC NEW COM 81617L108 841 110,270 SH   OTR 1 2 0 110,270 0
SEVERN BANCORP ANNAPOLIS MD COM 81811M100 484 75,324 SH   OTR 1 2 0 75,324 0
SMARTFINANCIAL INC COM NEW 83190L208 816 53,671 SH   OTR 1 2 0 53,671 0
SOUTH ST CORP COM 840441109 1,421 24,196 SH   OTR 1 2 0 24,196 0
SOUTHERN NATL BANCORP OF VA COM 843395104 5,893 598,856 SH   OTR 1 2 0 598,856 0
STANDARD AVB FINL CORP COM 85303B100 508 24,000 SH   OTR 1 2 0 24,000 0
STERLING BANCORP DEL COM 85917A100 950 90,927 SH   OTR 1 2 0 90,927 0
SUMMIT ST BK SANTA ROSA CALI COM 866264203 153 19,200 SH   OTR 1 2 0 19,200 0
SYNOVUS FINL CORP COM NEW 87161C501 1,618 92,105 SH   OTR 1 2 0 92,105 0
TCF FINANCIAL CORPORATION NE COM 872307103 239 10,539 SH   OTR 1 2 0 10,539 0
TERRITORIAL BANCORP INC COM 88145X108 450 18,349 SH   OTR 1 2 0 18,349 0
TOWNEBANK PORTSMOUTH VA COM 89214P109 490 27,065 SH   OTR 1 2 0 27,065 0
TRUIST FINL CORP COM 89832Q109 1,118 35,288 SH   OTR 1 2 0 35,288 0
TRUIST FINL CORP COM 89832Q109 20 11,800 SH Call OTR 1 2 0 11,800 0
UNIVAR SOLUTIONS INC COM 91336L107 111 10,400 SH   OTR 1 2 0 10,400 0
US BANCORP DEL COM NEW 902973304 465 13,489 SH   OTR 1 2 0 13,489 0
US BANCORP DEL COM NEW 902973304 23 7,200 SH Call OTR 1 2 0 7,200 0
WELLS FARGO CO NEW COM 949746101 135 4,710 SH   OTR 1 2 0 4,710 0
WELLS FARGO CO NEW COM 949746101 51 60,700 SH Call OTR 1 2 0 60,700 0
WESBANCO INC COM 950810101 306 12,905 SH   OTR 1 2 0 12,905 0
WSFS FINL CORP COM 929328102 573 22,977 SH   OTR 1 2 0 22,977 0
ZIONS BANCORPORATION N A *W EXP 05/21/202 989701115 12 35,039 SH   OTR 1 2 0 35,039 0
ZIONS BANCORPORATION N A COM 989701107 18 38,500 SH Call OTR 1 2 0 38,500 0