Equal-WT
WhaleScore 2.0
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Basswood Capital Management is based out of New York. Basswood Capital Management is a hedge fund with 13 clients and discretionary assets under management (AUM) of $1,971,946,550 (Form ADV from 2023-03-30). Their last reported 13F filing for Q3 2023 included $1,317,365,400 in managed 13F securities
and a top 10 holdings concentration of 32.0%. Basswood Capital Management's largest holding is JPMorgan Chase & Co. (Chemical Bank) with shares held of 469,496. Whalewisdom has at least 86 13F filings, 45 13D filings, 218 13G filings, and 61 Form 4 filings
2023-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| CFG Citizens Financial G | 1.66% |
| DFS Discover Financial S | 1.06% |
| OWL Blue Owl Cap Class A | 0.66% |
| PGR Progressive Corp. | 0.64% |
| WBS Webster Financial Co | 0.62% |
2023-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| CMA Comerica, Inc. (Detr | 1.14% |
| TCBI Texas Capital Bancsh | 1% |
| LC LendingClub Corp | 0.9% |
| FG F&G Annuities & Life | 0.67% |
| ALL Allstate Corp (The) | 0.59% |
2023-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| JPM JPMorgan Chase & Co. | 5.17% |
| WBS Webster Financial Co | 4.43% |
| LEN Lennar Corp. Class A | 3.46% |
| BDGE Bridge Bancorp | 3.08% |
| USB U.S. Bancorp (First | 2.89% |
Messrs. Bennett Lindenbaum and Matthew Lindenbaum, as Principals of Basswood Capital Management, L.L.C., have investment discretion over the investment portfolios reported herein.
2023-09-30
13F Activity
| Market Value | $1.32b, Prior: $1.36b |
| New Purchases | 5 stocks |
| Additional Purchases | 19 stocks |
| Sold out of | 3 stocks |
| Reduced holdings in | 38 stocks |
| Top 10 Holdings % | 32% |
| Turnover %[1] | 7.77% |
| Turnover Alt %[2] | 9.78% |
| Time Held Top 20 | 13.35 quarters |
| Time Held Top 10 | 17.3 quarters |
| Time Held All | 20.53 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2023-09-30
13F Sector Allocation Over Time
2023-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2023-09-30