PATRIOT FINANCIAL PARTNERS GP, LP

2. Key Holdings

The portfolio is dominated by regional banking and financial services stocks, with the top three positions accounting for 62.57% of the total assets.

• USCB Financial Holdings, Inc. (26.17%): This is the largest holding, valued at $74.20 million. Despite the portfolio turnover, this position remained static (neither bought nor sold in the quarter), indicating a core, long-term conviction in this specific regional bank.
• Metropolitan Bank Holding Corp. (18.88%): A new addition to the portfolio this quarter, this position represents a significant capital deployment of $53.54 million. It immediately became the second-largest holding, signaling high confidence in the bank's current valuation or growth prospects.
• Equity Bancshares, Inc. (17.52%): Valued at $49.66 million, this is the third-largest stake. Like USCB, this position was held constant during the quarter, suggesting it is part of the fund's foundational strategy alongside USCB.