Basswood Capital Management, L.L.C.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Basswood Capital Management, L.L.C. reported 105 stock positions worth $2.0 billion. Its top holding was JPMorgan Chase (JPM) at 7.0% of the portfolio, followed by Bank of America (BAC, 4.6%) and Webster Financial (WBS, 4.3%). Compared with Q4 2025, it opened 15 new positions, sold out of 17, added to 22 and reduced 34. The biggest buy was a new position in Pinnacle Financial Partners (PNFP) and the biggest sale Rocket Cos Class A (RKT, shares −29%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001085393
- Portfolio Value
- $2.0B (Q1 2026)
- SEC Filing
- 0001405086-26-000323 ↗ filed May 15, 2026
Holdings Value
Holdings 105 stocks · $2.0B
| JPM JPMorgan Chase & Co. | 7.04% | 469,496 | $138.1M | No change |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 4.60% | 1,852,707 | $90.3M | Add +14.8% |
| WBS Webster Financial Corp. | 4.30% | 1,215,997 | $84.4M | Reduce -17.9% |
| USB US Bancorp | 3.54% | 1,336,628 | $69.5M | Reduce -18.0% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 3.48% | 2,021,304 | $68.4M | Reduce -1.4% |
| MS Morgan Stanley | 3.10% | 369,259 | $60.8M | No change |
| RKT Rocket Cos Inc. Class A | 2.84% | 3,908,575 | $55.7M | Reduce -28.6% |
| OMF Onemain Holdings Inc. | 2.38% | 872,444 | $46.7M | Reduce -5.0% |
| SCHW Schwab (charles) Corp. | 2.25% | 469,701 | $44.1M | Reduce -22.8% |
| FCNCA First Citizens Bcshs Class A | 2.21% | 23,056 | $43.5M | No change |
| BPOP Popular Inc. | 2.18% | 318,701 | $42.8M | Add +19.8% |
| PFSI Pennymac Financial Services | 2.05% | 461,352 | $40.3M | Reduce -16.3% |
| ONB Old National Bancorp | 2.04% | 1,809,335 | $40.0M | Add +15.2% |
| PNFP Pinnacle Financial Partners | 2.00% | 456,094 | $39.3M | New |
| TOL Toll Brothers Inc. | 1.98% | 284,288 | $38.8M | Reduce -13.3% |
| COF Capital One Financial Corp. | 1.85% | 198,531 | $36.2M | No change |
| CFG Citizens Financial Group | 1.64% | 536,209 | $32.2M | Reduce -4.6% |
| FNB FNB Corp. | 1.61% | 1,889,004 | $31.6M | Reduce -10.6% |
| RJF Raymond James Financial Inc. | 1.50% | 203,905 | $29.5M | Add +31.2% |
| IVZ Invesco Ltd. | 1.49% | 1,204,285 | $29.3M | Add +7.8% |
| ESQ Esquire Financial Holdings I | 1.47% | 268,727 | $28.9M | No change |
| KEY Keycorp | 1.45% | 1,419,549 | $28.5M | Add +33.9% |
| SFNC Simmons First Natl Corp. Class A | 1.44% | 1,451,765 | $28.2M | Add +27.0% |
| RM Regional Management Corp. | 1.39% | 820,677 | $27.3M | Reduce -4.2% |
| TMHC Taylor Morrison Home Corp. | 1.30% | 439,523 | $25.6M | Reduce -5.2% |
| SYF Synchrony Financial | 1.28% | 368,106 | $25.0M | Add +29.0% |
| LAZ Lazard Inc. | 1.26% | 584,388 | $24.8M | Add +98.8% |
| BANR Banner Corporation | 1.26% | 408,864 | $24.8M | Add +88.6% |
| ZION Zions Bancorp NA | 1.25% | 426,090 | $24.6M | Add +5.3% |
| BOH Bank of Hawaii Corp. filed as BANK HAWAII CORP | 1.20% | 316,665 | $23.5M | Add +57.9% |
| CPF Central Pacific Financial Co. | 1.19% | 731,533 | $23.4M | Reduce -8.0% |
| PNC PNC Financial Services Group | 1.17% | 110,249 | $22.9M | Reduce -28.7% |
| ALLY Ally Financial Inc. | 1.15% | 573,155 | $22.5M | Add +10.6% |
| VCTR Victory Capital Holding - A | 1.13% | 338,957 | $22.2M | Reduce -27.3% |
| WFC Wells Fargo & Co. | 1.07% | 263,683 | $21.0M | Reduce -45.2% |
| BLK BlackRock Inc. | 1.02% | 20,920 | $20.1M | Reduce -19.6% |
| HFWA Heritage Financial Corp. | 0.93% | 698,904 | $18.2M | Add +15.1% |
| EBC Eastern Bankshares Inc. | 0.91% | 915,438 | $17.9M | Reduce -23.2% |
| MCB Metropolitan Bank Holding Co. | 0.89% | 210,367 | $17.5M | Reduce -5.0% |
| MHO M/I Homes Inc. | 0.86% | 137,106 | $16.8M | Reduce -7.9% |
| OBK Origin Bancorp Inc. | 0.85% | 403,955 | $16.7M | Add +22.5% |
| PHM Pultegroup Inc. | 0.81% | 135,730 | $16.0M | No change |
| FNF Fidelity National Financial | 0.79% | 334,183 | $15.5M | No change |
| VLY Valley National Bancorp | 0.74% | 1,182,206 | $14.5M | Reduce -28.6% |
| CBSH Commerce Bancshares Inc. | 0.73% | 292,802 | $14.4M | New |
| PWP Perella Weinberg Partners | 0.73% | 788,737 | $14.3M | Reduce -27.3% |
| VOYA Voya Financial Inc. | 0.72% | 207,704 | $14.2M | Add +6.4% |
| AMP Ameriprise Financial Inc. | 0.66% | 29,254 | $13.0M | Reduce -28.4% |
| CWK Cushman & Wakefield Ltd. | 0.65% | 1,047,492 | $12.8M | Add +9.0% |
| FITB Fifth Third Bancorp | 0.62% | 261,521 | $12.2M | Add +179.4% |
| BFH Bread Financial Holdings Inc. | 0.61% | 158,693 | $11.9M | Reduce -48.3% |
| CAC Camden National Corp. | 0.60% | 247,699 | $11.8M | No change |
| MBIN Merchants Bancorp | 0.60% | 273,747 | $11.7M | No change |
| PGR Progressive Corp. | 0.55% | 54,765 | $10.9M | Add +46.3% |
| INDB Independent Bank Corp. | 0.53% | 137,646 | $10.4M | Reduce -58.2% |
| HBAN Huntington Bancshares Inc. | 0.51% | 635,166 | $9.9M | New |
| SSB Southstate Bank Corp. | 0.51% | 107,184 | $9.9M | No change |
| UBSI United Bankshares Inc. | 0.49% | 233,034 | $9.7M | No change |
| WAL Western Alliance Bancorp | 0.48% | 133,164 | $9.4M | No change |
| EQH Equitable Holdings Inc. | 0.48% | 251,510 | $9.3M | Add +35.7% |
| LPLA LPL Financial Holdings Inc. | 0.46% | 30,206 | $9.1M | New |
| STT State Street Corp. | 0.46% | 70,765 | $9.0M | New |
| TFC Truist Financial Corp. | 0.45% | 192,431 | $8.8M | Reduce -46.1% |
| PFS Provident Financial Services | 0.45% | 414,090 | $8.8M | No change |
| TLT iShares 20+ Year Treasury BD | 0.42% | 96,154 | $8.3M | No change |
| USCB Uscb Financial Holdings Inc. | 0.41% | 436,892 | $8.1M | Reduce -0.3% |
| CRBG Corebridge Financial Inc. | 0.39% | 320,391 | $7.6M | Add +374.4% |
| HWC Hancock Whitney Corp. | 0.39% | 119,982 | $7.6M | Reduce -47.6% |
| LEN Lennar Corp. Class A | 0.38% | 86,001 | $7.5M | Reduce -2.6% |
| FBNC First Bancorp | 0.35% | 123,266 | $6.9M | No change |
| PGC Peapack Gladstone Finl Corp. | 0.35% | 195,520 | $6.9M | New |
| AUB Atlantic Union Bankshares Co. | 0.35% | 190,680 | $6.8M | No change |
| SMBK Smartfinancial Inc. | 0.34% | 169,740 | $6.6M | New |
| TCBK Trico Bancshares | 0.33% | 137,981 | $6.6M | No change |
| FLG Flagstar Bank NA | 0.33% | 491,956 | $6.5M | No change |
| CBZ Cbiz Inc. | 0.28% | 204,662 | $5.5M | Add +11.5% |
| CARE Carter Bankshares Inc. | 0.27% | 227,715 | $5.3M | New |
| BSRR Sierra Bancorp | 0.24% | 139,676 | $4.7M | New |
| HOMB Home Bancshares Inc. | 0.23% | 166,538 | $4.5M | No change |
| BANC Banc of California Inc. | 0.23% | 251,202 | $4.4M | No change |
| NBN Northeast Bank | 0.18% | 31,107 | $3.5M | No change |
| MC Moelis & Co. Class A | 0.18% | 60,968 | $3.5M | New |
| AMG Affiliated Managers Group | 0.17% | 12,304 | $3.4M | New |
| SPFI South Plains Financial Inc. | 0.16% | 76,088 | $3.2M | New |
| JLL Jones Lang Lasalle Inc. | 0.16% | 10,388 | $3.2M | Reduce -30.1% |
| BPRN Princeton Bancorp Inc. | 0.16% | 91,688 | $3.1M | New |
| BUSE First Busey Corp. | 0.15% | 117,192 | $3.0M | No change |
| MVBF MVB Financial Corp. | 0.15% | 117,116 | $2.9M | New |
| APO Apollo Global Management Inc. | 0.14% | 25,343 | $2.8M | Reduce -87.5% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.14% | 13,360 | $2.8M | No change |
| KKR KKR & Co. Inc. | 0.12% | 25,666 | $2.4M | No change |
| C Citigroup Inc. | 0.12% | 19,920 | $2.3M | No change |
| WSBC Wesbanco Inc. | 0.10% | 58,859 | $2.0M | No change |
| UWMC Uwm Holdings Corp. | 0.09% | 478,445 | $1.7M | Reduce -75.2% |
| EWBC East West Bancorp Inc. | 0.08% | 15,249 | $1.6M | No change |
| HAPN Happen Inc. | 0.08% | 111,309 | $1.6M | Reduce -86.5% |
| KBH KB Home | 0.08% | 29,532 | $1.5M | Reduce -71.4% |
| CHMG Chemung Financial Corp. | 0.07% | 27,103 | $1.5M | New |
| ALRS Alerus Financial Corp. | 0.07% | 60,240 | $1.4M | No change |
| BUR Burford Capital Ltd. | 0.03% | 118,200 | $534K | No change |
Options reported separately and not counted above: TLT calls ($115.0M), KRE puts ($22.2M), MDY puts ($19.1M).
Portfolio Sells Q4 2025 → Q1 2026
| RKT Rocket Cos Inc. Class A | Reduce -28.6% | 2.84% | −1.84 |
| PFSI Pennymac Financial Services | Reduce -16.3% | 2.05% | −1.15 |
| APO Apollo Global Management Inc. | Reduce -87.5% | 0.14% | −1.15 |
| EVR Evercore Inc. Class A | Sold out | 0.00% | −1.05 |
| MDY State Street SPDR S&P Midcap | Sold out | 0.00% | −1.01 |
| SNV Synovus Financial Corp. | Sold out | 0.00% | −0.95 |
| WFC Wells Fargo & Co. | Reduce -45.2% | 1.07% | −0.91 |
| HAPN Happen Inc. | Reduce -86.5% | 0.08% | −0.61 |
| UMBF Umb Financial Corp. | Sold out | 0.00% | −0.58 |
| RF Regions Financial Corp. | Sold out | 0.00% | −0.55 |
| INDB Independent Bank Corp. | Reduce -58.2% | 0.53% | −0.54 |
| BKU Bankunited Inc. | Sold out | 0.00% | −0.50 |
| COLB Columbia Banking System Inc. | Sold out | 0.00% | −0.45 |
| SCHW Schwab (charles) Corp. | Reduce -22.8% | 2.25% | −0.43 |
| BFH Bread Financial Holdings Inc. | Reduce -48.3% | 0.61% | −0.40 |
| OMF Onemain Holdings Inc. | Reduce -5.0% | 2.38% | −0.36 |
| CMA Comerica Inc. | Sold out | 0.00% | −0.35 |
| TFC Truist Financial Corp. | Reduce -46.1% | 0.45% | −0.32 |
| QNST Quinstreet Inc. | Sold out | 0.00% | −0.32 |
| CBU Community Financial System I | Sold out | 0.00% | −0.31 |
| USB US Bancorp | Reduce -18.0% | 3.54% | −0.30 |
| UWMC Uwm Holdings Corp. | Reduce -75.2% | 0.09% | −0.28 |
| PNC PNC Financial Services Group | Reduce -28.7% | 1.17% | −0.26 |
| HWC Hancock Whitney Corp. | Reduce -47.6% | 0.39% | −0.26 |
| AMP Ameriprise Financial Inc. | Reduce -28.4% | 0.66% | −0.22 |
| BLK BlackRock Inc. | Reduce -19.6% | 1.02% | −0.20 |
| FHN First Horizon Corp. | Sold out | 0.00% | −0.19 |
| MOFG Midwestone Financial Group I | Sold out | 0.00% | −0.18 |
| KBH KB Home | Reduce -71.4% | 0.08% | −0.18 |
| VCTR Victory Capital Holding - A | Reduce -27.3% | 1.13% | −0.17 |
| RPC Ridgepost Capital Inc. Class A | Sold out | 0.00% | −0.13 |
| VLY Valley National Bancorp | Reduce -28.6% | 0.74% | −0.11 |
| PWP Perella Weinberg Partners | Reduce -27.3% | 0.73% | −0.10 |
| FBK FB Financial Corp. | Sold out | 0.00% | −0.08 |
| NBHC National Bank Hold Class A | Sold out | 0.00% | −0.08 |
| RM Regional Management Corp. | Reduce -4.2% | 1.39% | −0.07 |
| PNFP Pinnacle Financial Partners | Sold out | 0.00% | −0.07 |
| JLL Jones Lang Lasalle Inc. | Reduce -30.1% | 0.16% | −0.06 |
| EBC Eastern Bankshares Inc. | Reduce -23.2% | 0.91% | −0.06 |
| WRLD World Acceptance Corp. | Sold out | 0.00% | −0.05 |
| LEN Lennar Corp. Class A | Reduce -2.6% | 0.38% | −0.02 |
| FNB FNB Corp. | Reduce -10.6% | 1.61% | +0.01 |
| MHO M/I Homes Inc. | Reduce -7.9% | 0.86% | +0.01 |
| TOL Toll Brothers Inc. | Reduce -13.3% | 1.98% | +0.02 |
| USCB Uscb Financial Holdings Inc. | Reduce -0.3% | 0.41% | +0.06 |
| CPF Central Pacific Financial Co. | Reduce -8.0% | 1.19% | +0.10 |
| TMHC Taylor Morrison Home Corp. | Reduce -5.2% | 1.30% | +0.10 |
| MCB Metropolitan Bank Holding Co. | Reduce -5.0% | 0.89% | +0.15 |
| WBS Webster Financial Corp. | Reduce -17.9% | 4.30% | +0.19 |
| CFG Citizens Financial Group | Reduce -4.6% | 1.64% | +0.19 |
Portfolio Buys Q4 2025 → Q1 2026
| PNFP Pinnacle Financial Partners | New | 2.00% | +2.00 |
| CBSH Commerce Bancshares Inc. | New | 0.73% | +0.73 |
| BPOP Popular Inc. | Add +19.8% | 2.18% | +0.72 |
| BAC Bank of America Corp. | Add +14.8% | 4.60% | +0.68 |
| BANR Banner Corporation | Add +88.6% | 1.26% | +0.66 |
| LAZ Lazard Inc. | Add +98.8% | 1.26% | +0.63 |
| BOH Bank of Hawaii Corp. | Add +57.9% | 1.20% | +0.59 |
| HBAN Huntington Bancshares Inc. | New | 0.51% | +0.51 |
| ONB Old National Bancorp | Add +15.2% | 2.04% | +0.49 |
| SFNC Simmons First Natl Corp. Class A | Add +27.0% | 1.44% | +0.49 |
| KEY Keycorp | Add +33.9% | 1.45% | +0.48 |
| LPLA LPL Financial Holdings Inc. | New | 0.46% | +0.46 |
| STT State Street Corp. | New | 0.46% | +0.46 |
| FITB Fifth Third Bancorp | Add +179.4% | 0.62% | +0.43 |
| RJF Raymond James Financial Inc. | Add +31.2% | 1.50% | +0.40 |
| PGC Peapack Gladstone Finl Corp. | New | 0.35% | +0.35 |
| SMBK Smartfinancial Inc. | New | 0.34% | +0.34 |
| OBK Origin Bancorp Inc. | Add +22.5% | 0.85% | +0.31 |
| CRBG Corebridge Financial Inc. | Add +374.4% | 0.39% | +0.30 |
| HFWA Heritage Financial Corp. | Add +15.1% | 0.93% | +0.29 |
| CARE Carter Bankshares Inc. | New | 0.27% | +0.27 |
| BSRR Sierra Bancorp | New | 0.24% | +0.24 |
| SYF Synchrony Financial | Add +29.0% | 1.28% | +0.22 |
| ZION Zions Bancorp NA | Add +5.3% | 1.25% | +0.21 |
| IVZ Invesco Ltd. | Add +7.8% | 1.49% | +0.19 |
| MC Moelis & Co. Class A | New | 0.18% | +0.18 |
| PGR Progressive Corp. | Add +46.3% | 0.55% | +0.18 |
| AMG Affiliated Managers Group | New | 0.17% | +0.17 |
| SPFI South Plains Financial Inc. | New | 0.16% | +0.16 |
| BPRN Princeton Bancorp Inc. | New | 0.16% | +0.16 |
| MVBF MVB Financial Corp. | New | 0.15% | +0.15 |
| ALLY Ally Financial Inc. | Add +10.6% | 1.15% | +0.11 |
| EQH Equitable Holdings Inc. | Add +35.7% | 0.48% | +0.09 |
| VOYA Voya Financial Inc. | Add +6.4% | 0.72% | +0.08 |
| CHMG Chemung Financial Corp. | New | 0.07% | +0.07 |
| CWK Cushman & Wakefield Ltd. | Add +9.0% | 0.65% | −0.03 |
| CBZ Cbiz Inc. | Add +11.5% | 0.28% | −0.13 |
Options Activity Q4 2025 → Q1 2026
| TLT iShares 20+ Year Treasury BD | call | Reduce -6.3% | 1,326,300 | $115.0M |
| RSP Invesco S&P 500 Equal Weight | put | Sold out | 119,000 | $22.8Mbefore exit |
| KRE SS SPDR S&P Regional Bank | put | Reduce -52.3% | 341,500 | $22.2M |
| MDY State Street SPDR S&P Midcap | put | Add +42.9% | 31,000 | $19.1M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 108 | $2.3B | JPM, BAC, WBS, USB, DCOM |
| Q1 2026 | 105 | $2.0B | JPM, BAC, WBS, USB, DCOM |
| Q4 2025 | 107 | $2.3B | JPM, RKT, WBS, BAC, USB |
| Q3 2025 | 107 | $2.2B | JPM, COOP, BAC, USB, WBS |
| Q2 2025 | 112 | $2.0B | JPM, BAC, COOP, USB, WBS |
| Q1 2025 | 110 | $1.8B | JPM, WBS, USB, DCOM, COOP |
| Q4 2024 | 105 | $1.7B | JPM, DCOM, WBS, BAC, LEN |
| Q3 2024 | 102 | $1.9B | JPM, WBS, LEN, DCOM, MHO |
| Q2 2024 | 87 | $1.5B | JPM, WBS, LEN, BAC, USB |
| Q1 2024 | 95 | $1.7B | JPM, WBS, LEN, BAC, USB |