Basswood Capital Management, L.L.C.

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 13, 2026), Basswood Capital Management, L.L.C. reported 107 stock positions worth $2.3 billion. Its top holding was JPMorgan Chase (JPM) at 6.7% of the portfolio, followed by Rocket Cos Class A (RKT, 4.7%) and Webster Financial (WBS, 4.1%). Compared with Q3 2025, it opened 3 new positions, sold out of 3, added to 19 and reduced 32. The biggest buy was Rocket Cos Class A (RKT, shares +1881%) and the biggest sale an exit from Mr Cooper (COOP).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001085393
Portfolio Value
$2.3B (Q4 2025)
SEC Filing
0001405086-26-000100 ↗ filed Feb 13, 2026

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 Q2 2025 Q3 2025: $2.2B Q3 2025 Q4 2025: $2.3B $2.3B Q4 2025 Q1 2026: $2.0B Q1 2026 Q2 2026: $2.3B Q2 2026

Holdings 107 stocks · $2.3B
JPM JPMorgan Chase & Co. 6.68% 469,496 $151.3M No change
RKT Rocket Cos Inc. Class A 4.68% 5,475,110 $106.0M Add +1881.3%
WBS Webster Financial Corp. 4.11% 1,480,804 $93.2M Add +20.1%
BAC Bank of America Corp. filed as BANK AMERICA CORP 3.92% 1,613,917 $88.8M Reduce -6.3%
USB US Bancorp 3.84% 1,629,664 $87.0M Add +3.4%
PFSI Pennymac Financial Services 3.21% 550,927 $72.6M Reduce -4.8%
MS Morgan Stanley 2.89% 369,259 $65.6M No change
OMF Onemain Holdings Inc. 2.74% 918,845 $62.1M Reduce -0.8%
DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC 2.72% 2,049,143 $61.7M No change
SCHW Schwab (charles) Corp. 2.68% 608,426 $60.8M Add +28.9%
FCNCA First Citizens Bcshs Class A 2.18% 23,056 $49.5M No change
COF Capital One Financial Corp. 2.12% 198,531 $48.1M No change
WFC Wells Fargo & Co. 1.98% 481,182 $44.8M Reduce -10.7%
TOL Toll Brothers Inc. 1.96% 327,715 $44.3M Add +0.9%
FNB FNB Corp. 1.60% 2,113,113 $36.1M Reduce -0.1%
ONB Old National Bancorp 1.55% 1,570,371 $35.0M Reduce -21.1%
RM Regional Management Corp. 1.47% 856,641 $33.2M Reduce -16.4%
BPOP Popular Inc. 1.46% 266,042 $33.1M Reduce -4.5%
CFG Citizens Financial Group 1.45% 561,993 $32.8M Reduce -6.0%
PNC PNC Financial Services Group 1.43% 154,712 $32.3M Add +2.8%
VCTR Victory Capital Holding - A 1.30% 465,923 $29.4M Add +4.0%
IVZ Invesco Ltd. 1.30% 1,117,152 $29.3M Add +20.6%
APO Apollo Global Management Inc. 1.29% 202,518 $29.3M No change
BLK BlackRock Inc. 1.23% 26,016 $27.8M Add +62.1%
ESQ Esquire Financial Holdings I 1.21% 268,727 $27.4M No change
TMHC Taylor Morrison Home Corp. 1.21% 463,687 $27.3M Reduce -12.4%
RJF Raymond James Financial Inc. 1.10% 155,430 $25.0M Add +56.2%
CPF Central Pacific Financial Co. 1.09% 794,867 $24.8M Reduce -3.7%
INDB Independent Bank Corp. 1.06% 329,495 $24.1M Add +3.5%
SYF Synchrony Financial 1.05% 285,303 $23.8M No change
EVR Evercore Inc. Class A 1.05% 69,797 $23.7M No change
ZION Zions Bancorp NA 1.05% 404,520 $23.7M Add +266.4%
ALLY Ally Financial Inc. 1.04% 518,387 $23.5M Add +176.4%
MDY State Street SPDR S&P Midcap 1.01% 38,082 $23.0M No change
BFH Bread Financial Holdings Inc. 1.00% 306,886 $22.7M Reduce -10.2%
EBC Eastern Bankshares Inc. 0.97% 1,191,380 $22.0M New
KEY Keycorp 0.97% 1,060,554 $21.9M Reduce -8.5%
SNV Synovus Financial Corp. 0.95% 430,841 $21.6M No change
SFNC Simmons First Natl Corp. Class A 0.95% 1,143,055 $21.5M Add +325.6%
AMP Ameriprise Financial Inc. 0.88% 40,839 $20.0M No change
VLY Valley National Bancorp 0.85% 1,654,877 $19.3M Reduce -14.5%
MHO M/I Homes Inc. 0.84% 148,920 $19.1M Reduce -2.9%
PWP Perella Weinberg Partners 0.83% 1,084,985 $18.8M Reduce -16.1%
FNF Fidelity National Financial 0.81% 334,183 $18.2M No change
TFC Truist Financial Corp. 0.78% 356,977 $17.6M Add +60.1%
MCB Metropolitan Bank Holding Co. 0.75% 221,460 $16.9M No change
PHM Pultegroup Inc. 0.70% 135,730 $15.9M No change
HAPN Happen Inc. filed as LENDINGCLUB CORP 0.69% 824,482 $15.6M Reduce -0.8%
CWK Cushman & Wakefield Ltd. 0.69% 961,323 $15.6M Reduce -5.8%
HWC Hancock Whitney Corp. 0.64% 229,158 $14.6M No change
VOYA Voya Financial Inc. 0.64% 195,281 $14.5M Reduce -3.4%
HFWA Heritage Financial Corp. 0.63% 607,105 $14.4M Add +163.1%
LAZ Lazard Inc. 0.63% 293,883 $14.3M Add +54.8%
BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP 0.61% 200,583 $13.7M Reduce -42.1%
BANR Banner Corporation 0.60% 216,813 $13.6M Reduce -35.6%
UMBF Umb Financial Corp. 0.58% 115,120 $13.2M No change
OBK Origin Bancorp Inc. 0.55% 329,730 $12.4M Reduce -24.6%
RF Regions Financial Corp. 0.55% 456,523 $12.4M Reduce -44.6%
BKU Bankunited Inc. 0.50% 256,358 $11.4M No change
WAL Western Alliance Bancorp 0.49% 133,164 $11.2M No change
CAC Camden National Corp. 0.47% 247,699 $10.7M No change
COLB Columbia Banking System Inc. 0.45% 367,552 $10.3M Reduce -52.2%
SSB Southstate Bank Corp. 0.45% 107,184 $10.1M No change
MBIN Merchants Bancorp 0.41% 273,747 $9.3M No change
CBZ Cbiz Inc. 0.41% 183,591 $9.3M Reduce -3.9%
LEN Lennar Corp. Class A 0.40% 88,267 $9.1M Reduce -16.8%
UBSI United Bankshares Inc. 0.40% 233,034 $8.9M No change
EQH Equitable Holdings Inc. 0.39% 185,284 $8.8M Reduce -29.9%
PGR Progressive Corp. 0.38% 37,427 $8.5M Add +63.3%
UWMC Uwm Holdings Corp. 0.37% 1,926,407 $8.4M Reduce -9.6%
TLT iShares 20+ Year Treasury BD 0.37% 96,154 $8.4M No change
PFS Provident Financial Services 0.36% 414,090 $8.2M No change
USCB Uscb Financial Holdings Inc. 0.36% 438,211 $8.1M No change
CMA Comerica Inc. 0.35% 89,972 $7.8M No change
QNST Quinstreet Inc. 0.32% 496,545 $7.1M Reduce -15.3%
CBU Community Financial System I 0.31% 122,201 $7.0M No change
AUB Atlantic Union Bankshares Co. 0.30% 190,680 $6.7M No change
TCBK Trico Bancshares 0.29% 137,981 $6.5M No change
FBNC First Bancorp 0.28% 123,266 $6.3M No change
FLG Flagstar Bank NA 0.27% 491,956 $6.2M No change
KBH KB Home 0.26% 103,217 $5.8M No change
JLL Jones Lang Lasalle Inc. 0.22% 14,864 $5.0M Add +56.9%
BANC Banc of California Inc. 0.21% 251,202 $4.8M No change
HOMB Home Bancshares Inc. 0.20% 166,538 $4.6M No change
FITB Fifth Third Bancorp 0.19% 93,607 $4.4M No change
FHN First Horizon Corp. 0.19% 179,018 $4.3M New
MOFG Midwestone Financial Group I 0.18% 106,660 $4.1M No change
KKR KKR & Co. Inc. 0.14% 25,666 $3.3M No change
NBN Northeast Bank 0.14% 31,107 $3.2M No change
RPC Ridgepost Capital Inc. Class A filed as P10 INC 0.13% 297,021 $2.9M Reduce -48.3%
BUSE First Busey Corp. 0.12% 117,192 $2.8M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.12% 13,360 $2.7M No change
C Citigroup Inc. 0.10% 19,920 $2.3M No change
CRBG Corebridge Financial Inc. 0.09% 67,537 $2.0M Reduce -83.3%
WSBC Wesbanco Inc. 0.09% 58,859 $2.0M No change
FBK FB Financial Corp. filed as FB FINL CORP 0.08% 33,216 $1.9M No change
NBHC National Bank Hold Class A 0.08% 46,956 $1.8M No change
EWBC East West Bancorp Inc. 0.08% 15,249 $1.7M No change
PNFP Pinnacle Financial Partners 0.07% 15,461 $1.5M No change
ALRS Alerus Financial Corp. 0.06% 60,240 $1.4M No change
WRLD World Acceptance Corp. 0.05% 8,186 $1.1M No change
BUR Burford Capital Ltd. 0.05% 118,200 $1.1M No change
FG F&G Annuities & Life Inc. 0.03% 20,051 $619K New
EGBN Eagle Bancorp Inc. 0.02% 21,325 $457K No change
CCS Century Communities Inc. 0.02% 7,444 $442K Reduce -77.7%
SBCF Seacoast Banking Corp. 0.01% 6,374 $200K No change
CLST Catalyst Bancorp Inc. 0.01% 11,246 $177K No change

Options reported separately and not counted above: TLT calls ($123.4M), KRE puts ($46.4M), RSP puts ($22.8M), MDY puts ($13.1M).

Portfolio Sells Q3 2025 → Q4 2025
COOP Mr Cooper Group Inc. Sold out 0.00% −4.63
CRBG Corebridge Financial Inc. Reduce -83.3% 0.09% −0.51
ONB Old National Bancorp Reduce -21.1% 1.55% −0.48
COLB Columbia Banking System Inc. Reduce -52.2% 0.45% −0.47
RF Regions Financial Corp. Reduce -44.6% 0.55% −0.46
PWP Perella Weinberg Partners Reduce -16.1% 0.83% −0.45
BOH Bank of Hawaii Corp. Reduce -42.1% 0.61% −0.45
BANR Banner Corporation Reduce -35.6% 0.60% −0.42
TMHC Taylor Morrison Home Corp. Reduce -12.4% 1.21% −0.42
RM Regional Management Corp. Reduce -16.4% 1.47% −0.39
GHLD Guild Holdings Co. Class A Sold out 0.00% −0.29
EQH Equitable Holdings Inc. Reduce -29.9% 0.39% −0.23
UWMC Uwm Holdings Corp. Reduce -9.6% 0.37% −0.23
LEN Lennar Corp. Class A Reduce -16.8% 0.40% −0.22
BAC Bank of America Corp. Reduce -6.3% 3.92% −0.21
MHO M/I Homes Inc. Reduce -2.9% 0.84% −0.19
HBNC Horizon Bancorp Inc. Sold out 0.00% −0.19
BPOP Popular Inc. Reduce -4.5% 1.46% −0.18
RPC Ridgepost Capital Inc. Class A Reduce -48.3% 0.13% −0.16
OBK Origin Bancorp Inc. Reduce -24.6% 0.55% −0.15
PFSI Pennymac Financial Services Reduce -4.8% 3.21% −0.12
WFC Wells Fargo & Co. Reduce -10.7% 1.98% −0.12
QNST Quinstreet Inc. Reduce -15.3% 0.32% −0.11
VLY Valley National Bancorp Reduce -14.5% 0.85% −0.10
CCS Century Communities Inc. Reduce -77.7% 0.02% −0.08
CPF Central Pacific Financial Co. Reduce -3.7% 1.09% −0.07
CWK Cushman & Wakefield Ltd. Reduce -5.8% 0.69% −0.07
CBZ Cbiz Inc. Reduce -3.9% 0.41% −0.06
VOYA Voya Financial Inc. Reduce -3.4% 0.64% −0.06
KEY Keycorp Reduce -8.5% 0.97% −0.04
CFG Citizens Financial Group Reduce -6.0% 1.45% −0.03
FNB FNB Corp. Reduce -0.1% 1.60% +0.01
HAPN Happen Inc. Reduce -0.8% 0.69% +0.10
BFH Bread Financial Holdings Inc. Reduce -10.2% 1.00% +0.12
OMF Onemain Holdings Inc. Reduce -0.8% 2.74% +0.31

Portfolio Buys Q3 2025 → Q4 2025
RKT Rocket Cos Inc. Class A Add +1881.3% 4.68% +4.43
EBC Eastern Bankshares Inc. New 0.97% +0.97
ZION Zions Bancorp NA Add +266.4% 1.05% +0.76
SFNC Simmons First Natl Corp. Class A Add +325.6% 0.95% +0.71
WBS Webster Financial Corp. Add +20.1% 4.11% +0.71
ALLY Ally Financial Inc. Add +176.4% 1.04% +0.70
SCHW Schwab (charles) Corp. Add +28.9% 2.68% +0.59
HFWA Heritage Financial Corp. Add +163.1% 0.63% +0.37
BLK BlackRock Inc. Add +62.1% 1.23% +0.36
IVZ Invesco Ltd. Add +20.6% 1.30% +0.31
RJF Raymond James Financial Inc. Add +56.2% 1.10% +0.30
TFC Truist Financial Corp. Add +60.1% 0.78% +0.30
USB US Bancorp Add +3.4% 3.84% +0.30
FHN First Horizon Corp. New 0.19% +0.19
LAZ Lazard Inc. Add +54.8% 0.63% +0.16
PGR Progressive Corp. Add +63.3% 0.38% +0.11
JLL Jones Lang Lasalle Inc. Add +56.9% 0.22% +0.09
INDB Independent Bank Corp. Add +3.5% 1.06% +0.04
FG F&G Annuities & Life Inc. New 0.03% +0.03
PNC PNC Financial Services Group Add +2.8% 1.43% +0.02
VCTR Victory Capital Holding - A Add +4.0% 1.30% −0.05
TOL Toll Brothers Inc. Add +0.9% 1.96% −0.13

Options Activity Q3 2025 → Q4 2025
TLT iShares 20+ Year Treasury BD call Add +46.4% 1,416,000 $123.4M
COOP Mr Cooper Group Inc. put Sold out 351,900 $74.2Mbefore exit
KRE SS SPDR S&P Regional Bank put Reduce -29.8% 715,500 $46.4M
RSP Invesco S&P 500 Equal Weight put Reduce -33.9% 119,000 $22.8M
MDY State Street SPDR S&P Midcap put Reduce -53.1% 21,700 $13.1M

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