| SSTATE STREET SPDR S&P REGIONAL BANKING ETFKRE |
| 11.77% | — | $18.7M | 250,000 | $0 | 0 | +250,000 | New Buy |
 SPROTT INC COM NEWSII |
| 9.21% | 13.69% | $14.6M | 130,274 | $22.9M | 160,027 | -29,753-18.59% | Reduce |
| QQUINSTREET INCQNST |
| 8.76% | 8.15% | $13.9M | 950,000 | $13.6M | 1.1M | -184,300-16.25% | Reduce |
 MEDIAALPHA INCMAX |
| 7.27% | 5.15% | $11.6M | 919,761 | $8.6M | 924,443 | -4,682-0.51% | Reduce |
| BBARRICK MNG CORPGOLD |
| 6.94% | 6.18% | $11.0M | 265,000 | $10.3M | 257,500 | +7,500+2.91% | Add |
 SERVISFIRST BANCSHARES INCSFBS |
| 6.28% | 6.54% | $10.0M | 115,000 | $10.9M | 150,000 | -35,000-23.33% | Reduce |
| CCOASTAL FINL CORP WACCB |
| 4.95% | 4.06% | $7.9M | 101,486 | $6.8M | 89,146 | +12,340+13.84% | Add |
| IINVESCO KBW BANK ETFKBWB |
| 4.68% | — | $7.4M | 80,000 | $0 | 0 | +80,000 | New Buy |
 TRIUMPH FINANCIAL INCTFIN |
| 4.48% | 4.2% | $7.1M | 93,217 | $7.0M | 117,500 | -24,283-20.67% | Reduce |
| QQCR HLDGS INCQCRH |
| 4.29% | 5.11% | $6.8M | 70,000 | $8.5M | 100,000 | -30,000-30.00% | Reduce |
| NNORTHPOINTE BANCSHARES INC. COM SHSNPB |
| 4.22% | 4.39% | $6.7M | 350,000 | $7.3M | 425,000 | -75,000-17.65% | Reduce |
 EVERQUOTE INCEVER |
| 3.58% | 3.72% | $5.7M | 239,408 | $6.2M | 403,300 | -163,892-40.64% | Reduce |
 National Bank Holdings Corp CLASS A COMMONNBHC |
| 3.35% | 2.81% | $5.3M | 120,000 | $4.7M | 120,000 | 00.00% | Unchanged |
 FIRST WESTN FINL INC COMMYFW |
| 2.83% | 3.79% | $4.5M | 140,000 | $6.3M | 257,819 | -117,819-45.70% | Reduce |
| CCOMMERCIAL BANCGROUP INC COMCBK |
| 2.74% | 4.34% | $4.4M | 135,000 | $7.2M | 278,454 | -143,454-51.52% | Reduce |
| WWEX INCWEX |
| 2.66% | — | $4.2M | 30,000 | $0 | 0 | +30,000 | New Buy |
 ANGEL OAK MORTGAGE REITAOMR |
| 2.54% | 1.84% | $4.0M | 444,585 | $3.1M | 375,000 | +69,585+18.56% | Add |
 TRICO BANCSHARESTCBK |
| 2.32% | 2.13% | $3.7M | 68,428 | $3.6M | 75,000 | -6,572-8.76% | Reduce |
 OFG BANCORPOFG |
| 2.16% | 2.18% | $3.4M | 70,000 | $3.6M | 90,000 | -20,000-22.22% | Reduce |
| FFB FINL CORPFBK |
| 2.09% | 1.55% | $3.3M | 60,000 | $2.6M | 50,000 | +10,000+20.00% | Add |
 AVIDBANK HLDGS INC COMAVBH |
| 1.49% | 1.52% | $2.4M | 71,915 | $2.5M | 88,885 | -16,970-19.09% | Reduce |
| BBLUE RIDGE BANKSHARES INC VA COMBRBS |
| 1.11% | 0.5% | $1.8M | 501,105 | $839,488 | 199,878 | +301,227+150.71% | Add |
| LLENDINGTREE INCTREE |
| 0.28% | 0.38% | $442,900 | 10,000 | $643,200 | 15,000 | -5,000-33.33% | Reduce |
