Instuitional Investor - Jacobs Asset Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Popular Inc.	BPOP	137,500	$12,933,250	7.78%
2.	First Citizens Bancshares Inc	FCNCA	6,000	$12,678,120	7.63%
3.	Sprott Inc.	SII	259,710	$10,951,971	6.59%
4.	Allstate Corp	ALL	55,000	$10,603,450	6.38%
5.	Sector Spdr TrustPUT	XLB	200,000	$9,666,000	5.81%