diff --git a/.gitignore b/.gitignore
index 64f51ca..9a51cfd 100644
--- a/.gitignore
+++ b/.gitignore
@@ -1,2 +1,3 @@
 /python-backrefs-5.0.1.tar.gz
 /python-backrefs-5.3.tar.gz
+/python-backrefs-5.4.tar.gz
diff --git a/python-backrefs.spec b/python-backrefs.spec
index 1c5fb17..bb30c11 100644
--- a/python-backrefs.spec
+++ b/python-backrefs.spec
@@ -2,8 +2,8 @@
 %global pypi_name backrefs
 
 Name:           python-%{pypi_name}
-Version:        5.3
-Release:        2%{?dist}
+Version:        5.4
+Release:        1%{?dist}
 Summary:        A wrapper around re and regex that adds additional back references
 
 License:        MIT
@@ -61,6 +61,9 @@ py.test-3
 %doc README.md
 
 %changelog
+* Thu Nov 10 2022 Parag Nemade <pnemade AT redhat DOT com> - 5.4-1
+- Update to 5.4 version (#2138355)
+
 * Fri Jul 22 2022 Fedora Release Engineering <releng@fedoraproject.org> - 5.3-2
 - Rebuilt for https://fedoraproject.org/wiki/Fedora_37_Mass_Rebuild
 
diff --git a/sources b/sources
index 3012674..4e46608 100644
--- a/sources
+++ b/sources
@@ -1 +1 @@
-SHA512 (python-backrefs-5.3.tar.gz) = c42985a26605e3ab1f8b30943efdc554829d2a5951f32cff486959be1c7c1c61613adc947379aaebec74d8f574ae2c39e46e4682e2f78bb059beee2d9572f352
+SHA512 (python-backrefs-5.4.tar.gz) = 2949c40bfa60b37eccfd380eb05e5a7f425cad243d6bb332e6f329a1b9747760ca530d4af69daa25441bc9b0d2bd6291699aebf36bd52d055d4e84959ab45100