Basswood Capital Management, L.L.C.

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Basswood Capital Management, L.L.C. reported 102 stock positions worth $1.9 billion. Its top holding was JPMorgan Chase (JPM) at 5.1% of the portfolio, followed by Webster Financial (WBS, 4.3%) and Lennar Class A (LEN, 3.9%). Compared with Q2 2024, it opened 15 new positions, added to 24 and reduced 21. The biggest buy was a new position in Columbia Banking System (COLB) and the biggest sale Synovus Financial (SNV, shares −41%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001085393
Portfolio Value
$1.9B (Q3 2024)
SEC Filing
0001405086-24-000269 ↗ filed Nov 14, 2024

Holdings Value

0$500.0M$1.0B$1.5B$2.0B$2.5B Q1 2024: $1.7B Q1 2024 Q2 2024: $1.5B Q2 2024 Q3 2024: $1.9B $1.9B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $2.0B Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $2.3B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 102 stocks · $1.9B
JPM JPMorgan Chase & Co. 5.11% 469,496 $99.0M No change
WBS Webster Financial Corp. 4.27% 1,777,413 $82.8M Add +5.6%
LEN Lennar Corp. Class A 3.93% 405,933 $76.1M No change
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 3.02% 2,034,363 $58.6M Add +0.0%
MHO M/I Homes Inc. 2.78% 314,634 $53.9M Add +1.8%
USB US Bancorp 2.72% 1,152,063 $52.7M No change
PFSI Pennymac Financial Services 2.69% 458,332 $52.2M Add +0.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP 2.66% 1,299,227 $51.6M No change
OMF Onemain Holdings Inc. 2.50% 1,030,423 $48.5M Add +12.3%
TMHC Taylor Morrison Home Corp. 2.47% 681,270 $47.9M Add +10.4%
COOP Mr Cooper Group Inc. 2.36% 496,243 $45.7M Add +36.6%
CCS Century Communities Inc. 2.32% 435,966 $44.9M Add +11.8%
FCNCA First Citizens Bcshs Class A 2.22% 23,333 $43.0M No change
TOL Toll Brothers Inc. 2.15% 270,234 $41.7M Add +10.4%
WFC Wells Fargo & Co. 1.99% 684,083 $38.6M Add +29.3%
MS Morgan Stanley 1.99% 369,259 $38.5M No change
CFG Citizens Financial Group 1.74% 820,700 $33.7M Add +0.4%
RM Regional Management Corp. 1.72% 1,018,851 $33.3M No change
MCB Metropolitan Bank Holding Co. 1.65% 607,805 $32.0M Add +176.8%
HWC Hancock Whitney Corp. 1.60% 607,239 $31.1M Add +36.8%
FNB FNB Corp. 1.56% 2,140,865 $30.2M Reduce -1.6%
COF Capital One Financial Corp. 1.54% 198,935 $29.8M Add +31.7%
WAL Western Alliance Bancorp 1.54% 344,116 $29.8M Reduce -23.9%
MBIN Merchants Bancorp 1.40% 601,954 $27.1M Reduce -5.5%
COLB Columbia Banking System Inc. 1.37% 1,018,481 $26.6M New
EWBC East West Bancorp Inc. 1.35% 316,025 $26.1M No change
APO Apollo Global Management Inc. 1.34% 208,253 $26.0M No change
BANC Banc of California Inc. 1.32% 1,732,894 $25.5M Add +589.8%
BPOP Popular Inc. 1.28% 247,480 $24.8M Reduce -10.0%
VCTR Victory Capital Holding - A 1.22% 427,412 $23.7M Reduce -3.5%
AMG Affiliated Managers Group 1.21% 131,981 $23.5M Add +22.7%
VRTS Virtus Investment Partners 1.19% 110,429 $23.1M Add +12.4%
CWK Cushman & Wakefield UK Holdc 1.16% 1,654,768 $22.6M Add +129.2%
PWP Perella Weinberg Partners 1.10% 1,100,619 $21.3M Reduce -7.1%
SYF Synchrony Financial 1.08% 418,668 $20.9M Reduce -8.2%
FNF Fidelity National Financial 1.07% 334,183 $20.7M No change
LAZ Lazard Inc. 1.07% 411,655 $20.7M Add +2.2%
AMP Ameriprise Financial Inc. 1.02% 41,930 $19.7M No change
PHM Pultegroup Inc. 1.01% 135,730 $19.5M No change
VLY Valley National Bancorp 1.00% 2,141,217 $19.4M New
EVR Evercore Inc. Class A 1.00% 76,420 $19.4M No change
SNV Synovus Financial Corp. 0.99% 430,841 $19.2M Reduce -40.8%
BKU Bankunited Inc. 0.92% 486,959 $17.7M New
ESQ Esquire Financial Holdings I 0.90% 268,727 $17.5M Reduce -24.0%
PFS Provident Financial Services 0.85% 892,708 $16.6M Add +87.3%
AX Axos Financial Inc. 0.84% 258,937 $16.3M No change
CPF Central Pacific Financial Co. 0.80% 523,729 $15.5M New
SASR Sandy Spring Bancorp Inc. 0.76% 468,891 $14.7M Add +2164.4%
ALLY Ally Financial Inc. 0.73% 398,183 $14.2M Reduce -26.3%
PNC PNC Financial Services Group 0.70% 73,392 $13.6M Reduce -38.7%
QNST Quinstreet Inc. 0.69% 697,988 $13.4M Reduce -14.9%
UMBF Umb Financial Corp. 0.66% 121,787 $12.8M Reduce -47.7%
RJF Raymond James Financial Inc. 0.65% 102,367 $12.5M Reduce -33.5%
KKR KKR & Co. Inc. 0.63% 92,926 $12.1M No change
VBTX Veritex Holdings Inc. 0.57% 423,227 $11.1M New
GHLD Guild Holdings Co. Class A 0.56% 653,957 $10.9M Add +11.9%
CAC Camden National Corp. 0.53% 247,699 $10.2M No change
ONB Old National Bancorp 0.49% 511,657 $9.5M No change
SCHW Schwab (charles) Corp. 0.49% 146,467 $9.5M Reduce -43.3%
TLT iShares 20+ Year Treasury BD 0.49% 96,154 $9.4M No change
VOYA Voya Financial Inc. 0.46% 112,896 $8.9M New
KBH KB Home 0.46% 103,217 $8.8M No change
UBSI United Bankshares Inc. 0.45% 233,034 $8.6M No change
RF Regions Financial Corp. 0.44% 366,312 $8.5M Reduce -55.9%
USCB Uscb Financial Holdings Inc. 0.43% 550,349 $8.4M Add +22.6%
BLK BlackRock Finance Inc. 0.41% 8,371 $7.9M No change
FLG Flagstar Bank NA filed as NEW YORK CMNTY BANCORP INC 0.39% 669,389 $7.5M Add +36.1%
MOFG Midwestone Financial Group I 0.37% 248,639 $7.1M New
RNST Renasant Corp. 0.36% 215,620 $7.0M New
DFS Discover Financial Services 0.35% 47,952 $6.7M No change
NRDS Nerdwallet Inc. Class A 0.33% 507,122 $6.4M New
TCBK Trico Bancshares 0.30% 137,981 $5.9M No change
BUR Burford Capital Ltd. 0.28% 408,574 $5.4M No change
CMA Comerica Inc. 0.28% 89,972 $5.4M No change
SSB Southstate Bank Corp. 0.27% 52,944 $5.1M No change
FBNC First Bancorp 0.26% 123,266 $5.1M No change
HFWA Heritage Financial Corp. 0.26% 230,737 $5.0M No change
FUNC First United Corp. 0.24% 153,540 $4.6M Reduce -1.3%
HOMB Home Bancshares Inc. 0.23% 166,538 $4.5M No change
SDHC Smith Douglas Homes Corp. 0.21% 108,914 $4.1M Reduce -41.5%
HBAN Huntington Bancshares Inc. 0.21% 274,752 $4.0M New
FITB Fifth Third Bancorp 0.21% 93,607 $4.0M No change
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.21% 147,794 $4.0M No change
PKBK Parke Bancorp Inc. 0.20% 182,694 $3.8M Reduce -1.2%
RY Royal Bank of Canada 0.18% 28,335 $3.5M New
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.18% 169,803 $3.4M New
LGIH Lgi Homes Inc. 0.16% 26,185 $3.1M New
BUSE First Busey Corp. 0.16% 117,192 $3.0M No change
STEL Stellar Bancorp Inc. 0.14% 104,656 $2.7M Reduce -40.6%
NBN Northeast Bank 0.12% 31,107 $2.4M Reduce -86.4%
MTB M & T Bank Corp. filed as M & T BK CORP 0.12% 13,360 $2.4M No change
WSBC Wesbanco Inc. 0.09% 58,859 $1.8M No change
ALRS Alerus Financial Corp. 0.07% 60,240 $1.4M No change
WRLD World Acceptance Corp. 0.07% 11,430 $1.3M No change
C Citigroup Inc. 0.06% 19,920 $1.2M No change
CARE Carter Bankshares Inc. 0.04% 40,576 $706K New
PGR Progressive Corp. 0.02% 1,899 $482K No change
EGBN Eagle Bancorp Inc. 0.02% 21,325 $482K No change
ALL Allstate Corp. 0.01% 943 $179K No change
CLST Catalyst Bancorp Inc. 0.01% 11,246 $128K No change

Show all 102 holdings

Options reported separately and not counted above: TLT calls ($2.1M), MDY puts ($826K).

Portfolio Sells Q2 2024 → Q3 2024
SNV Synovus Financial Corp. Reduce -40.8% 0.99% −0.91
NBN Northeast Bank Reduce -86.4% 0.12% −0.78
SCHW Schwab (charles) Corp. Reduce -43.3% 0.49% −0.75
ALLY Ally Financial Inc. Reduce -26.3% 0.73% −0.66
RF Regions Financial Corp. Reduce -55.9% 0.44% −0.64
UMBF Umb Financial Corp. Reduce -47.7% 0.66% −0.60
RJF Raymond James Financial Inc. Reduce -33.5% 0.65% −0.59
PNC PNC Financial Services Group Reduce -38.7% 0.70% −0.51
FNB FNB Corp. Reduce -1.6% 1.56% −0.38
SYF Synchrony Financial Reduce -8.2% 1.08% −0.32
WAL Western Alliance Bancorp Reduce -23.9% 1.54% −0.31
BPOP Popular Inc. Reduce -10.0% 1.28% −0.30
MBIN Merchants Bancorp Reduce -5.5% 1.40% −0.28
QNST Quinstreet Inc. Reduce -14.9% 0.69% −0.19
ESQ Esquire Financial Holdings I Reduce -24.0% 0.90% −0.19
PWP Perella Weinberg Partners Reduce -7.1% 1.10% −0.15
VCTR Victory Capital Holding - A Reduce -3.5% 1.22% −0.15
STEL Stellar Bancorp Inc. Reduce -40.6% 0.14% −0.12
SDHC Smith Douglas Homes Corp. Reduce -41.5% 0.21% −0.07
PKBK Parke Bancorp Inc. Reduce -1.2% 0.20% −0.01
FUNC First United Corp. Reduce -1.3% 0.24% +0.03

Portfolio Buys Q2 2024 → Q3 2024
COLB Columbia Banking System Inc. New 1.37% +1.37
BANC Banc of California Inc. Add +589.8% 1.32% +1.11
MCB Metropolitan Bank Holding Co. Add +176.8% 1.65% +1.05
VLY Valley National Bancorp New 1.00% +1.00
BKU Bankunited Inc. New 0.92% +0.92
CPF Central Pacific Financial Co. New 0.80% +0.80
SASR Sandy Spring Bancorp Inc. Add +2164.4% 0.76% +0.73
CWK Cushman & Wakefield UK Holdc Add +129.2% 1.16% +0.68
VBTX Veritex Holdings Inc. New 0.57% +0.57
VOYA Voya Financial Inc. New 0.46% +0.46
COOP Mr Cooper Group Inc. Add +36.6% 2.36% +0.44
PFS Provident Financial Services Add +87.3% 0.85% +0.41
MOFG Midwestone Financial Group I New 0.37% +0.37
RNST Renasant Corp. New 0.36% +0.36
NRDS Nerdwallet Inc. Class A New 0.33% +0.33
MHO M/I Homes Inc. Add +1.8% 2.78% +0.33
DCOM Dime Commercial Bancshares I Add +0.0% 3.02% +0.33
TOL Toll Brothers Inc. Add +10.4% 2.15% +0.32
CCS Century Communities Inc. Add +11.8% 2.32% +0.25
TMHC Taylor Morrison Home Corp. Add +10.4% 2.47% +0.25
HWC Hancock Whitney Corp. Add +36.8% 1.60% +0.22
HBAN Huntington Bancshares Inc. New 0.21% +0.21
RY Royal Bank of Canada New 0.18% +0.18
COF Capital One Financial Corp. Add +31.7% 1.54% +0.18
BMRC Bank of Marin Bancorp New 0.18% +0.18
LGIH Lgi Homes Inc. New 0.16% +0.16
AMG Affiliated Managers Group Add +22.7% 1.21% +0.12
FLG Flagstar Bank NA Add +36.1% 0.39% +0.08
LAZ Lazard Inc. Add +2.2% 1.07% +0.07
USCB Uscb Financial Holdings Inc. Add +22.6% 0.43% +0.06
CARE Carter Bankshares Inc. New 0.04% +0.04
CUBI Customers Bancorp Inc. New 0.00% +0.00
GHLD Guild Holdings Co. Class A Add +11.9% 0.56% −0.00
WFC Wells Fargo & Co. Add +29.3% 1.99% −0.05
PFSI Pennymac Financial Services Add +0.0% 2.69% −0.12
CFG Citizens Financial Group Add +0.4% 1.74% −0.17
VRTS Virtus Investment Partners Add +12.4% 1.19% −0.25
OMF Onemain Holdings Inc. Add +12.3% 2.50% −0.39
WBS Webster Financial Corp. Add +5.6% 4.27% −0.49

Options Activity Q2 2024 → Q3 2024
TLT iShares 20+ Year Treasury BD call Add +95.9% 21,866 $2.1M
MDY State Street SPDR S&P Midcap put Add +87.3% 1,450 $826K
KRE SS SPDR S&P Regional Bank put Sold out 6,029 $296Kbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 108$2.3BJPM, BAC, WBS, USB, DCOM
Q1 2026 105$2.0BJPM, BAC, WBS, USB, DCOM
Q4 2025 107$2.3BJPM, RKT, WBS, BAC, USB
Q3 2025 107$2.2BJPM, COOP, BAC, USB, WBS
Q2 2025 112$2.0BJPM, BAC, COOP, USB, WBS
Q1 2025 110$1.8BJPM, WBS, USB, DCOM, COOP
Q4 2024 105$1.7BJPM, DCOM, WBS, BAC, LEN
Q3 2024 102$1.9BJPM, WBS, LEN, DCOM, MHO
Q2 2024 87$1.5BJPM, WBS, LEN, BAC, USB
Q1 2024 95$1.7BJPM, WBS, LEN, BAC, USB