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

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

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
EGBN Eagle Bancorp Inc. 0.03% 21,325 $530K No change
FG F&G Annuities & Life Inc. 0.03% 20,051 $508K No change
CCS Century Communities Inc. 0.02% 7,444 $427K No change
SBCF Seacoast Banking Corp. 0.01% 6,374 $193K No change
CLST Catalyst Bancorp Inc. 0.01% 11,246 $186K 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

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