Basswood Capital Management, L.l.c portfolio

What changed this quarter

70 positions with a change (10 new, 26 added to, 27 trimmed, 7 sold). 12 are listed here: those of 0.5 points of the portfolio or more (up to 12).

• State Str Spdr S&P Midcap 40+1.1 ppof portfolioNew
  — → 1.1%
• Wells Fargo+111%more sharesIncreased
  1.1% → 2.0%
• PennyMac Financial Services−58%fewer sharesReduced
  2.1% → 0.7%
• Community Financial System+0.9 ppof portfolioNew
  — → 0.9%
• UMB Financial+0.9 ppof portfolioNew
  — → 0.9%
• Charles Schwab−47%fewer sharesReduced
  2.2% → 1.0%
• Synchrony Financial+63%more sharesIncreased
  1.3% → 2.0%
• Southstate Bank+162%more sharesIncreased
  0.5% → 1.2%
• Huntington Bancshares+134%more sharesIncreased
  0.5% → 1.1%
• Raymond James Financial−47%fewer sharesReduced
  1.5% → 0.7%
• Commerce Bancshares−0.6 ppof portfolioSold out
  0.7% → —
• Bank of America+14%more sharesIncreased
  4.6% → 5.1%

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• JPMorgan ChaseJPM6.6%
• Bank of AmericaBAC5.1%
• Webster FinancialWBS4.0%
• US Bancorp \de\USB3.5%
• Dime Commercial BancsharesDCOM3.4%
• Morgan StanleyMS3.3%
• Rocket CompaniesRKT3.2%
• Capital One FinancialCOF2.2%
• Onemain HoldingsOMF2.2%
• First Citizens BancsharesFCNCA2.1%
• PopularBPOP2.1%
• Toll BrothersTOL2.0%
• Old National BancorpONB2.0%
• Wells FargoWFC2.0%
• Synchrony FinancialSYF2.0%
• Esquire Financial HoldingsESQ1.9%
• Pinnacle Financial PartnersPNFP1.8%
• Regional ManagementRM1.5%
• KeyCorpKEY1.3%
• InvescoIVZ1.3%
• Zions Bancorporation, National AssociationZION1.3%
• Simmons First NationalSFNC1.2%
• Victory Capital HoldingsVCTR1.2%
• Southstate BankSSB1.2%
• Taylor Morrison HomeTMHC1.2%
• Ally FinancialALLY1.2%
• BannerBANR1.2%
• State Str Spdr S&P Midcap 40MDY1.1%
• Citizens Financial GroupCFG1.1%
• Bank of HawaiiBOH1.1%
• Huntington BancsharesHBAN1.1%
• Central Pacific FinancialCPF1.1%
• FNBFNB1.0%
• Charles SchwabSCHW1.0%
• BlackRockBLK1.0%
• LazardLAZ1.0%
• M/i HomesMHO0.9%
• Community Financial SystemCBU0.9%
• Origin BancorpOBK0.9%
• Metropolitan Bank HoldingMCB0.9%
• UMB FinancialUMBF0.9%
• Heritage FinancialHFWA0.9%
• PultegroupPHM0.8%
• Hancock WhitneyHWC0.8%
• Valley National BancorpVLY0.7%
• Bread Financial HoldingsBFH0.7%
• PennyMac Financial ServicesPFSI0.7%
• Raymond James FinancialRJF0.7%
• Equitable HoldingsEQH0.7%
• Fidelity National FinancialFNF0.7%
• Fifth Third BancorpFITB0.6%
• ProgressivePGR0.6%
• CbizCBZ0.6%
• PNC Financial Services GroupPNC0.6%
• Peapack Gladstone FinancialPGC0.6%
• Merchants BancorpMBIN0.6%
• Camden NationalCAC0.6%
• South Plains FinancialSPFI0.6%
• Cushman & WakefieldCWK0.6%
• Amerant BancorpAMTB0.5%
• Perella Weinberg PartnersPWP0.5%
• BANC of CaliforniaBANC0.5%
• Affiliated Managers GroupAMG0.5%
• Independent BankINDB0.5%
• Eastern BanksharesEBC0.5%
• State StreetSTT0.5%
• Western Alliance BancorporationWAL0.5%
• United BanksharesUBSI0.5%
• Voya FinancialVOYA0.5%
• Provident Financial ServicesPFS0.4%
• LennarLEN0.4%
• USCB Financial HoldingsUSCB0.4%
• SmartfinancialSMBK0.4%
• iShares 20+ Year Treasury BD ETFTLT0.4%
• Atlantic Union BanksharesAUB0.3%
• First BancorpFBNC0.3%
• Sierra BancorpBSRR0.3%
• MVB FinancialMVBF0.3%
• TriCo BancsharesTCBK0.3%
• Flagstar Bank, National AssociationFLG0.3%
• Stifel FinancialSF0.3%
• Shore BancsharesSHBI0.3%
• Washington Trust BancorpWASH0.3%
• Home BancsharesHOMB0.2%
• Carter BanksharesCARE0.2%
• Northeast BK Portland MENBN0.2%
• Truist FinancialTFC0.2%
• Princeton BancorpBPRN0.2%
• First BuseyBUSE0.1%
• M&t BankMTB0.1%
• Apollo Global ManagementAPO0.1%
• CitigroupC0.1%
• MoelisMC0.1%
• HappenHAPN0.1%
• WesbancoWSBC0.1%
• National Bank HoldingsNBHC0.1%
• East West BancorpEWBC0.1%
• Alerus FinancialALRS0.1%
• KB HomeKBH0.1%
• FB FinancialFBK0.1%