Latest BASSWOOD CAPITAL MANAGEMENT, L.L.C. Stock Portfolio

BASSWOOD CAPITAL MANAGEMENT, L.L.C. Performance:

2024 Q3: 11.9%YTD: 13.92%2023: 13.32%

Performance for 2024 Q3 is 11.9%, and YTD is 13.92%, and 2023 is 13.32%.

About BASSWOOD CAPITAL MANAGEMENT, L.L.C. and 13F Hedge Fund Stock Holdings

BASSWOOD CAPITAL MANAGEMENT, L.L.C. is a hedge fund based in NEW YORK, NY. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $2 Billions. In it's latest 13F Holdings report, BASSWOOD CAPITAL MANAGEMENT, L.L.C. reported an equity portfolio of $1.9 Billions as of 30 Sep, 2024.

The top stock holdings of BASSWOOD CAPITAL MANAGEMENT, L.L.C. are JPM, WBS, LEN. The fund has invested 5.1% of it's portfolio in JPMORGAN CHASE & CO. and 4.3% of portfolio in WEBSTER FINL CORP.

The fund managers got completely rid off NEW YORK CMNTY BANCORP INC (NYCB) stocks. They significantly reduced their stock positions in NORTHEAST BK LEWISTON ME, REGIONS FINANCIAL CORP NEW (RF) and UMB FINL CORP (UMBF). BASSWOOD CAPITAL MANAGEMENT, L.L.C. opened new stock positions in COLUMBIA BKG SYS INC (COLB), VALLEY NATL BANCORP (VLY) and BANKUNITED INC (BKU). The fund showed a lot of confidence in some stocks as they added substantially to SANDY SPRING BANCORP INC (SASR), BANC OF CALIFORNIA INC (BANC) and METROPOLITAN BK HLDG CORP (MCB).

BASSWOOD CAPITAL MANAGEMENT, L.L.C. Annual Return Estimates Vs S&P 500

Our best estimate is that BASSWOOD CAPITAL MANAGEMENT, L.L.C. made a return of 11.9% in the last quarter. In trailing 12 months, it's portfolio return was 38.42%.

New Buys

Ticker	$ Bought
columbia bkg sys inc	26,592,500
valley natl bancorp	19,399,400
bankunited inc	17,744,800
central pac finl corp	15,455,200
veritex hldgs inc	11,139,300
voya financial inc	8,943,620
new york cmnty bancorp inc	7,517,240
midwestone finl group inc ne	7,093,670

New stocks bought by BASSWOOD CAPITAL MANAGEMENT, L.L.C.

Additions

Ticker	% Inc.
sandy spring bancorp inc	2,164
banc of california inc	589
metropolitan bk hldg corp	176
cushman wakefield plc	129
provident finl svcs inc	87.27
hancock whitney corporation	36.83
mr cooper group inc	36.6
capital one finl corp	31.73

Additions to existing portfolio by BASSWOOD CAPITAL MANAGEMENT, L.L.C.

Reductions

Ticker	% Reduced
northeast bk lewiston me	-86.43
regions financial corp new	-55.85
umb finl corp	-47.7
schwab charles corp	-43.34
smith douglas homes corp	-41.52
synovus finl corp	-40.83
stellar bancorp inc	-40.56
pnc finl svcs group inc	-38.69

BASSWOOD CAPITAL MANAGEMENT, L.L.C. reduced stake in above stock

Sold off

Ticker	$ Sold
new york cmnty bancorp inc	-4,752,300

BASSWOOD CAPITAL MANAGEMENT, L.L.C. got rid off the above stocks

Sector Distribution

BASSWOOD CAPITAL MANAGEMENT, L.L.C. has about 76.5% of it's holdings in Financial Services sector.

Sector	%
Financial Services	76.5
Consumer Cyclical	15.3
Others	6.1
Real Estate	1.2

Market Cap. Distribution

BASSWOOD CAPITAL MANAGEMENT, L.L.C. has about 34.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	40.2
LARGE-CAP	26.6
SMALL-CAP	18.5
MEGA-CAP	7.8
UNALLOCATED	6.1

Stocks belong to which Index?

About 70.6% of the stocks held by BASSWOOD CAPITAL MANAGEMENT, L.L.C. either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	41.9
Others	29.4
S&P 500	28.7

Top 5 Winners (%)		%
KEY	keycorp	49.0 %
FUNC	first utd corp	46.0 %
DCOM	dime cmnty bancshares inc	41.2 %
MHO	m/i homes inc	39.5 %
WAL	western alliance bancorp	35.4 %

Top 5 Winners ($)		$
DCOM	dime cmnty bancshares inc	17.1 M
MHO	m/i homes inc	15.3 M
LEN	lennar corp	15.3 M
WAL	western alliance bancorp	10.0 M
TOL	toll brothers inc	10.0 M

Top 5 Losers (%)		%
SCHW	schwab charles corp	-12.1 %
ALLY	ally finl inc	-6.9 %
VRTS	virtus invt partners inc	-6.5 %
WRLD	world accep corporation	-4.5 %
CUBI	customers bancorp inc	-3.9 %

Top 5 Losers ($)		$
SCHW	schwab charles corp	-2.3 M
VRTS	virtus invt partners inc	-1.6 M
WFC	wells fargo co new	-1.5 M
ALLY	ally finl inc	-1.5 M
OMF	onemain hldgs inc	-1.3 M

BASSWOOD CAPITAL MANAGEMENT, L.L.C. Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of BASSWOOD CAPITAL MANAGEMENT, L.L.C.

BASSWOOD CAPITAL MANAGEMENT, L.L.C. has 102 stocks in it's portfolio. About 32.1% of the portfolio is in top 10 stocks. SCHW proved to be the most loss making stock for the portfolio. DCOM was the most profitable stock for BASSWOOD CAPITAL MANAGEMENT, L.L.C. last quarter.

Last Reported on: 14 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ALL	allstate corp	0.01	943	178,840	unchanged	0.00

ALLY	ally finl inc	0.73	398,183	14,171,300	reduced	-26.3

ALRS	alerus finl corp	0.07	60,240	1,378,290	unchanged	0.00

AMG	affiliated managers group in	1.21	131,981	23,466,200	added	22.66

AMP	ameriprise finl inc	1.01	41,930	19,699,100	unchanged	0.00

AX	axos financial inc	0.84	258,937	16,282,000	unchanged	0.00

BAC	bank america corp	2.66	1,299,230	51,553,300	unchanged	0.00

BANC	banc of california inc	1.31	1,732,890	25,525,500	added	589

BHLB	berkshire hills bancorp inc	0.20	147,794	3,980,090	unchanged	0.00

BKU	bankunited inc	0.91	486,959	17,744,800	new

BLK	blackrock inc	0.41	8,371	7,948,350	unchanged	0.00

BMRC	bank marin bancorp	0.18	169,803	3,411,340	new

BPOP	popular inc	1.28	247,480	24,814,800	reduced	-9.98

BUSE	first busey corp	0.16	117,192	3,049,340	unchanged	0.00

C	citigroup inc	0.06	19,920	1,246,990	unchanged	0.00

CAC	camden natl corp	0.53	247,699	10,234,900	unchanged	0.00

CARE	carter bankshares inc	0.04	40,576	705,617	new

CCS	century cmntys inc	2.31	435,966	44,895,800	added	11.83

CFG	citizens finl group inc	1.74	820,700	33,706,100	added	0.43

CLST	catalyst bancorp inc	0.01	11,246	128,204	unchanged	0.00