Basswood Capital Management, L.L.C.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), Basswood Capital Management, L.L.C. reported 112 stock positions worth $2.0 billion. Its top holding was JPMorgan Chase (JPM) at 6.8% of the portfolio, followed by Bank of America (BAC, 4.3%) and Mr Cooper (COOP, 4.0%). Compared with Q1 2025, it opened 13 new positions, sold out of 11, added to 33 and reduced 18. The biggest buy was Bank of America (BAC, shares +41%) and the biggest sale Banc of California (BANC, shares −82%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001085393
Portfolio Value
$2.0B (Q2 2025)
SEC Filing
0001405086-25-000222 ↗ filed Aug 14, 2025

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 Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $2.0B $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 112 stocks · $2.0B
JPM JPMorgan Chase & Co. 6.78% 469,496 $136.1M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 4.32% 1,834,077 $86.8M Add +41.2%
COOP Mr Cooper Group Inc. 4.01% 539,047 $80.4M Add +15.2%
USB US Bancorp 3.65% 1,618,081 $73.2M Add +7.3%
WBS Webster Financial Corp. 3.29% 1,211,430 $66.1M Reduce -4.2%
PFSI Pennymac Financial Services 2.83% 570,210 $56.8M Add +5.9%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 2.76% 2,058,143 $55.4M No change
MS Morgan Stanley 2.59% 369,259 $52.0M No change
OMF Onemain Holdings Inc. 2.58% 907,425 $51.7M Add +3.6%
LEN Lennar Corp. Class A 2.47% 448,984 $49.7M Add +10.6%
COF Capital One Financial Corp. 2.47% 232,710 $49.5M Add +46.0%
WFC Wells Fargo & Co. 2.30% 575,917 $46.1M Add +83.4%
FCNCA First Citizens Bcshs Class A 2.27% 23,333 $45.7M No change
SCHW Schwab (charles) Corp. 2.14% 470,579 $42.9M Reduce -10.6%
TOL Toll Brothers Inc. 1.68% 295,469 $33.7M Add +3.0%
TMHC Taylor Morrison Home Corp. 1.64% 536,991 $33.0M Add +5.9%
FNB FNB Corp. 1.54% 2,123,839 $31.0M Add +22.3%
PNC PNC Financial Services Group 1.51% 162,299 $30.3M Add +32.2%
RM Regional Management Corp. 1.49% 1,024,310 $29.9M Add +0.4%
APO Apollo Global Management Inc. 1.47% 208,253 $29.5M No change
CFG Citizens Financial Group 1.40% 626,270 $28.0M Add +3.2%
VCTR Victory Capital Holding - A 1.39% 437,409 $27.8M Add +37.9%
SYF Synchrony Financial 1.30% 391,931 $26.2M Add +1.4%
EVR Evercore Inc. Class A 1.30% 96,647 $26.1M Add +26.5%
ESQ Esquire Financial Holdings I 1.27% 268,727 $25.4M No change
RF Regions Financial Corp. 1.24% 1,059,808 $24.9M New
CPF Central Pacific Financial Co. 1.24% 885,753 $24.8M Add +11.0%
PWP Perella Weinberg Partners 1.22% 1,263,220 $24.5M Add +59.0%
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 1.14% 339,540 $22.9M Add +32.7%
BANR Banner Corporation 1.12% 351,638 $22.6M Add +29.9%
AMP Ameriprise Financial Inc. 1.11% 41,930 $22.4M No change
SNV Synovus Financial Corp. 1.11% 430,841 $22.3M No change
MDY State Street SPDR S&P Midcap 1.07% 38,082 $21.6M New
TFC Truist Financial Corp. 1.07% 499,284 $21.5M New
ONB Old National Bancorp 1.05% 983,840 $21.0M Add +46.8%
BLK BlackRock Inc. 1.02% 19,486 $20.4M Add +2.2%
INDB Independent Bank Corp. 0.99% 317,305 $20.0M Add +126.5%
FNF Fidelity National Financial 0.93% 334,183 $18.7M No change
BFH Bread Financial Holdings Inc. 0.88% 308,964 $17.6M Add +73.5%
COLB Columbia Banking System Inc. 0.85% 731,348 $17.1M Add +4.7%
MHO M/I Homes Inc. 0.84% 151,277 $17.0M Reduce -1.9%
OBK Origin Bancorp Inc. 0.84% 471,846 $16.9M Add +7.8%
ALLY Ally Financial Inc. 0.83% 428,975 $16.7M Add +22.1%
SSB Southstate Bank Corp. 0.83% 180,822 $16.6M Add +24.8%
BPOP Popular Inc. 0.83% 150,377 $16.6M No change
RJF Raymond James Financial Inc. 0.78% 102,367 $15.7M No change
VOYA Voya Financial Inc. 0.78% 220,035 $15.6M Add +4.7%
MCB Metropolitan Bank Holding Co. 0.77% 221,460 $15.5M No change
CBU Community Financial System I 0.76% 267,018 $15.2M New
CRBG Corebridge Financial Inc. 0.74% 420,157 $14.9M Add +114.0%
PHM Pultegroup Inc. 0.71% 135,730 $14.3M No change
EQH Equitable Holdings Inc. 0.69% 247,122 $13.9M New
HWC Hancock Whitney Corp. 0.67% 234,817 $13.5M No change
UMBF Umb Financial Corp. 0.64% 121,787 $12.8M No change
CCS Century Communities Inc. 0.59% 209,825 $11.8M Reduce -31.0%
IVZ Invesco Ltd. 0.52% 660,240 $10.4M Reduce -19.1%
WAL Western Alliance Bancorp 0.52% 133,164 $10.4M No change
QNST Quinstreet Inc. 0.51% 632,254 $10.2M Add +4.0%
VLY Valley National Bancorp 0.50% 1,130,941 $10.1M No change
CAC Camden National Corp. 0.50% 247,699 $10.1M No change
BKU Bankunited Inc. 0.48% 272,399 $9.7M No change
LAZ Lazard Inc. 0.47% 195,076 $9.4M No change
MBIN Merchants Bancorp 0.45% 273,747 $9.1M Reduce -52.6%
UBSI United Bankshares Inc. 0.42% 233,034 $8.5M Reduce -52.9%
TLT iShares 20+ Year Treasury BD 0.42% 96,154 $8.5M No change
USCB Uscb Financial Holdings Inc. 0.39% 471,696 $7.8M Reduce -8.3%
PFS Provident Financial Services 0.37% 421,434 $7.4M Reduce -62.8%
BBT Beacon Financial Corp. filed as BERKSHIRE HILLS BANCORP INC 0.34% 271,519 $6.8M No change
GHLD Guild Holdings Co. Class A 0.31% 315,583 $6.2M Reduce -53.3%
AUB Atlantic Union Bankshares Co. 0.30% 190,680 $6.0M New
TCBK Trico Bancshares 0.28% 137,981 $5.6M No change
HFWA Heritage Financial Corp. 0.27% 230,737 $5.5M No change
KBH KB Home 0.27% 103,217 $5.5M No change
FBNC First Bancorp 0.27% 123,266 $5.4M Reduce -56.9%
CMA Comerica Inc. 0.27% 89,972 $5.4M No change
FLG Flagstar Bank NA 0.26% 499,236 $5.3M No change
CWK Cushman & Wakefield UK Holdc 0.24% 434,290 $4.8M Reduce -37.3%
HOMB Home Bancshares Inc. 0.24% 166,538 $4.7M No change
JLL Jones Lang Lasalle Inc. 0.22% 17,041 $4.4M New
MYFW First Western Financial Inc. 0.21% 183,108 $4.1M Reduce -6.8%
BANC Banc of California Inc. 0.20% 289,203 $4.1M Reduce -81.9%
RKT Rocket Cos Inc. Class A 0.20% 276,334 $3.9M Add +37.0%
KKR KKR & Co. Inc. 0.19% 28,973 $3.9M No change
FITB Fifth Third Bancorp 0.19% 93,607 $3.9M No change
RY Royal Bank of Canada 0.19% 28,335 $3.7M No change
CHMG Chemung Financial Corp. 0.17% 70,472 $3.4M Reduce -1.4%
RPC Ridgepost Capital Inc. Class A filed as P10 INC 0.16% 314,670 $3.2M New
AMG Affiliated Managers Group 0.16% 15,955 $3.1M Reduce -79.8%
MOFG Midwestone Financial Group I 0.15% 106,660 $3.1M Reduce -80.2%
CBZ Cbiz Inc. 0.14% 40,355 $2.9M No change
NBN Northeast Bank 0.14% 31,107 $2.8M No change
BUSE First Busey Corp. 0.13% 117,192 $2.7M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.13% 13,360 $2.6M No change
WRLD World Acceptance Corp. 0.09% 11,430 $1.9M New
WSBC Wesbanco Inc. 0.09% 58,859 $1.9M No change
NBHC National Bank Hold Class A 0.09% 46,956 $1.8M New
VRTS Virtus Investment Partners 0.09% 9,464 $1.7M No change
PNFP Pinnacle Financial Partners 0.09% 15,461 $1.7M New
C Citigroup Inc. 0.08% 19,920 $1.7M No change
BUR Burford Capital Ltd. 0.08% 118,200 $1.7M No change

Show all 112 holdings

Options reported separately and not counted above: TLT calls ($84.3M), KRE puts ($48.4M), RSP puts ($37.7M).

Portfolio Sells Q1 2025 → Q2 2025
BANC Banc of California Inc. Reduce -81.9% 0.20% −1.07
PB Prosperity Bancshares Inc. Sold out 0.00% −0.87
VBTX Veritex Holdings Inc. Sold out 0.00% −0.77
MBIN Merchants Bancorp Reduce -52.6% 0.45% −0.75
MOFG Midwestone Financial Group I Reduce -80.2% 0.15% −0.75
PFS Provident Financial Services Reduce -62.8% 0.37% −0.72
WSFS WSFS Financial Corp. Reduce -99.3% 0.00% −0.72
AMG Affiliated Managers Group Reduce -79.8% 0.16% −0.59
CCS Century Communities Inc. Reduce -31.0% 0.59% −0.56
UBSI United Bankshares Inc. Reduce -52.9% 0.42% −0.54
PGC Peapack Gladstone Finl Corp. Sold out 0.00% −0.50
DFS Discover Financial Services Sold out 0.00% −0.49
FBNC First Bancorp Reduce -56.9% 0.27% −0.37
WBS Webster Financial Corp. Reduce -4.2% 3.29% −0.37
BWB Bridgewater Bancshares Inc. Sold out 0.00% −0.36
SASR Sandy Spring Bancorp Inc. Sold out 0.00% −0.33
GHLD Guild Holdings Co. Class A Reduce -53.3% 0.31% −0.27
FUNC First United Corp. Sold out 0.00% −0.25
BFST Business First Bancshares Sold out 0.00% −0.25
FG F&G Annuities & Life Inc. Sold out 0.00% −0.22
BMRC Bank of Marin Bancorp Sold out 0.00% −0.21
IVZ Invesco Ltd. Reduce -19.1% 0.52% −0.18
SCHW Schwab (charles) Corp. Reduce -10.6% 2.14% −0.18
HONE Harborone Bancorp Inc. Sold out 0.00% −0.16
CWK Cushman & Wakefield UK Holdc Reduce -37.3% 0.24% −0.16
USCB Uscb Financial Holdings Inc. Reduce -8.3% 0.39% −0.15
MHO M/I Homes Inc. Reduce -1.9% 0.84% −0.14
CHMG Chemung Financial Corp. Reduce -1.4% 0.17% −0.02
MYFW First Western Financial Inc. Reduce -6.8% 0.21% −0.01

Portfolio Buys Q1 2025 → Q2 2025
BAC Bank of America Corp. Add +41.2% 4.32% +1.28
RF Regions Financial Corp. New 1.24% +1.24
MDY State Street SPDR S&P Midcap New 1.07% +1.07
TFC Truist Financial Corp. New 1.07% +1.07
WFC Wells Fargo & Co. Add +83.4% 2.30% +1.03
COF Capital One Financial Corp. Add +46.0% 2.47% +0.86
COOP Mr Cooper Group Inc. Add +15.2% 4.01% +0.86
CBU Community Financial System I New 0.76% +0.76
EQH Equitable Holdings Inc. New 0.69% +0.69
INDB Independent Bank Corp. Add +126.5% 0.99% +0.50
EVR Evercore Inc. Class A Add +26.5% 1.30% +0.44
PWP Perella Weinberg Partners Add +59.0% 1.22% +0.40
CRBG Corebridge Financial Inc. Add +114.0% 0.74% +0.39
BFH Bread Financial Holdings Inc. Add +73.5% 0.88% +0.38
VCTR Victory Capital Holding - A Add +37.9% 1.39% +0.36
AUB Atlantic Union Bankshares Co. New 0.30% +0.30
PNC PNC Financial Services Group Add +32.2% 1.51% +0.29
ONB Old National Bancorp Add +46.8% 1.05% +0.25
FNB FNB Corp. Add +22.3% 1.54% +0.23
JLL Jones Lang Lasalle Inc. New 0.22% +0.22
OMF Onemain Holdings Inc. Add +3.6% 2.58% +0.17
RPC Ridgepost Capital Inc. Class A New 0.16% +0.16
BANR Banner Corporation Add +29.9% 1.12% +0.15
SYF Synchrony Financial Add +1.4% 1.30% +0.15
BOH Bank of Hawaii Corp. Add +32.7% 1.14% +0.15
ALLY Ally Financial Inc. Add +22.1% 0.83% +0.11
WRLD World Acceptance Corp. New 0.09% +0.09
NBHC National Bank Hold Class A New 0.09% +0.09
PNFP Pinnacle Financial Partners New 0.09% +0.09
FBK FB Financial Corp. New 0.07% +0.07
SSB Southstate Bank Corp. Add +24.8% 0.83% +0.07
USB US Bancorp Add +7.3% 3.65% +0.07
RKT Rocket Cos Inc. Class A Add +37.0% 0.20% +0.06
SBCF Seacoast Banking Corp. New 0.03% +0.03
CPF Central Pacific Financial Co. Add +11.0% 1.24% +0.02
BLK BlackRock Inc. Add +2.2% 1.02% +0.00
CFG Citizens Financial Group Add +3.2% 1.40% −0.00
OBK Origin Bancorp Inc. Add +7.8% 0.84% −0.01
VOYA Voya Financial Inc. Add +4.7% 0.78% −0.02
TOL Toll Brothers Inc. Add +3.0% 1.68% −0.02
TMHC Taylor Morrison Home Corp. Add +5.9% 1.64% −0.07
QNST Quinstreet Inc. Add +4.0% 0.51% −0.10
COLB Columbia Banking System Inc. Add +4.7% 0.85% −0.13
LEN Lennar Corp. Class A Add +10.6% 2.47% −0.14
PFSI Pennymac Financial Services Add +5.9% 2.83% −0.20
RM Regional Management Corp. Add +0.4% 1.49% −0.24

Options Activity Q1 2025 → Q2 2025
TLT iShares 20+ Year Treasury BD call Add +9900.0% 955,300 $84.3M
KRE SS SPDR S&P Regional Bank put Add +12435.4% 815,300 $48.4M
RSP Invesco S&P 500 Equal Weight put Add +4325.7% 207,300 $37.7M
MDY State Street SPDR S&P Midcap put Sold out 751 $401Kbefore 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