| Stock | Company | % Portfolio | Shares Held | Market Value | Change in Shares | % Change | Quarter End Price | Source |
|---|---|---|---|---|---|---|---|---|
| KFS | KINGSWAY FINL SVCS INC | 34.26% | 5,299,877 | $77,484,202 | -239,429 | -4.32% | $14.62 | 13F |
| WHLRL | WHEELER REAL ESTATE INVT TR | 31.53% | 950,721 | $71,304,075 | -469 | -0.05% | $75 | 13F |
| SFBC | SOUND FINL BANCORP INC | 8.35% | 410,019 | $18,885,475 | No Change | $46.06 | 13F | |
| SPY | SPDR S&P 500 ETF TR (Put) | 5.89% | 20,000 | $13,323,600 | 20,000 | New | $666.18 | 13F |
| LSBK | LAKE SHORE BANCORP INC | 4.25% | 738,675 | $9,602,775 | 738,675 | New | $13 | 13F |
| IROQ | IF BANCORP INC | 3.4% | 297,399 | $7,695,199 | 3,974 | 1.35% | $25.87 | 13F |
| CPBI | CENTRAL PLAINS BANCSHARES IN | 2.64% | 366,901 | $5,980,486 | 4,426 | 1.22% | $16.3 | 13F |
| WHLRP | WHEELER REAL ESTATE INVT TR | 1.48% | 789,466 | $3,339,441 | -3,866 | -0.49% | $4.23 | 13F |
| FSBW | FS BANCORP INC | 1.38% | 78,000 | $3,113,760 | No Change | $39.92 | 13F | |
| NECB | NORTHEAST CMNTY BANCORP INC | 1% | 110,000 | $2,262,700 | No Change | $20.57 | 13F | |
| BVFL | BV FINL INC | 0.71% | 100,000 | $1,612,000 | No Change | $16.12 | 13F | |
| CLST | CATALYST BANCORP INC | 0.69% | 117,547 | $1,551,620 | 39,610 | 50.82% | $13.2 | 13F |
| NBBK | NB BANCORP INC | 0.62% | 80,000 | $1,412,000 | No Change | $17.65 | 13F | |
| FDSB | FIFTH DIST BANCORP INC | 0.49% | 80,000 | $1,106,400 | No Change | $13.83 | 13F | |
| HFBL | HOME FED BANCORP INC LA NEW | 0.49% | 80,000 | $1,101,600 | No Change | $13.77 | 13F | |
| FSFG | FIRST SVGS FINL GROUP INC | 0.44% | 31,973 | $1,004,911 | -20,527 | -39.1% | $31.43 | 13F |
| MGYR | MAGYAR BANCORP INC | 0.31% | 40,000 | $690,800 | No Change | $17.27 | 13F | |
| WHLR | WHEELER REAL ESTATE INVT TR | 0.3% | 107,521 | $673,081 | 107,521 | New | $6.26 | 13F |
| SRBK | SR BANCORP INC | 0.27% | 40,000 | $603,600 | No Change | $15.09 | 13F | |
| AVBC | AVIDIA BANCORP INC | 0.26% | 40,000 | $597,600 | 40,000 | New | $14.94 | 13F |
| PBBK | PB BANKSHARES INC | 0.23% | 27,431 | $526,127 | No Change | $19.18 | 13F | |
| RMBI | RICHMOND MUT BANCORPORATION | 0.19% | 30,000 | $426,300 | No Change | $14.21 | 13F | |
| AGQ | PROSHARES TR II | 0.17% | 5,000 | $381,200 | 5,000 | New | $76.24 | 13F |
| ECBK | ECB BANCORP INC | 0.14% | 20,000 | $317,400 | No Change | $15.87 | 13F | |
| PDLB | PONCE FINANCIAL GROUP INC | 0.13% | 20,000 | $294,000 | No Change | $14.7 | 13F | |
| FBLA | FB BANCORP INC | 0.11% | 20,000 | $240,400 | No Change | $12.02 | 13F | |
| WSBK | WINCHESTER BANCORP INC | 0.11% | 25,000 | $238,750 | No Change | $9.55 | 13F | |
| MBBC | MARATHON BANCORP INC | 0.09% | 20,000 | $208,600 | No Change | $10.43 | 13F | |
| CFSB | CFSB BANCORP INC | 0.06% | 10,000 | $141,889 | No Change | $14.19 | 13F | |
| PFG | PRINCIPAL FINANCIAL GROUP IN | 0.02% | 547 | $45,352 | No Change | $82.91 | 13F | |
| MET | METLIFE INC | 0.00219% | 60 | $4,942 | No Change | $82.37 | 13F | |
| ESSA | ESSA BANCORP INC | -25,000 | Exited | 13F | ||||
| LSBK | LAKE SHORE BANCORP INC | -121,893 | Exited | 13F | ||||
| PVBC | PROVIDENT BANCORP INC | -177,891 | Exited | 13F | ||||
| WHLR | WHEELER REAL ESTATE INVT TR | -537,616 | Exited | 13F |