Institutional 13F · Context Only · Never a Buy List机构 13F · 仅供参考 · 非买入清单
Basswood Capital Management
sector_other
A
Reliability improving可靠性走强
leaderboard rank榜单排名 #11WATCH观察
Book持仓规模
$2.5B
long US listed only仅美股多头
Positions持仓数
109
100% resolved已解析
Top-10 concentration前十集中度
36%
% of book占组合%
Turnover换手
LOW
15.8% per quarter每季
Median excess中位超额
-2%
buys vs SPY, since filing买入相对SPY，自披露起 · n 301
Hit rate胜率
45%
share of buys beating SPY跑赢SPY的买入占比
Core lean — the 10-second read核心倾向 — 10秒速读
Core lean: Financials (Equal-Weight) — added BAC, COF, WFC, SYF, HBAN… (+13.0pp of book this quarter)核心倾向：金融（等权） — 本季度加仓 BAC、COF、WFC、SYF、HBAN…（占组合 +13.0pp）
Financials (Equal-Weight)金融（等权）
+13.0pp
32.6% of book held占组合持有
· 22 names标的
· US Sectors (EW)
BAC
COF
WFC
SYF
HBAN
BLK
PGR
Payments & Fintech支付与金融科技
+3.9pp
3.9% of book held占组合持有
· 2 names标的
· Financials
COFSYF
Regional Banks区域银行
+3.0pp
18.0% of book held占组合持有
· 15 names标的
· Financials
SSBHBAN
UMBF
Crypto & Digital Rails加密与数字轨道
+0.9pp
0.9% of book held占组合持有
· 1 names标的
· Crypto & Digital Assets
BLK
Insurance & Brokers保险与经纪
+0.6pp
0.6% of book held占组合持有
· 1 names标的
· Financials
PGR
Housing Chain住房产业链
+0.4pp
3.0% of book held占组合持有
· 4 names标的
· Consumer Cyclical
LEN
Descriptive read of the latest filing — themes clustered from curated baskets (Finviz fallback), added-pp = Σ % of book bought this quarter. Not a forecast.基于最新披露的描述性解读——主题按精选篮子聚类（Finviz 兜底），added-pp = 本季度买入占组合百分比之和。非预测。
Grade & excess history评级与超额历史
per-quarter buy cohorts, scored on public filing dates vs SPY — descriptive ranks in a curated survivor cohort按季度买入队列，以公开披露日为锚相对SPY评分——精选幸存者队列中的描述性排名Reliability可靠性: improving走强 · 13 scored quarters已评分季度 · 23% positive为正 · recent-4 median近4季中位 +3% vs all-time对全期 -3%
Median excess by quarter各季度中位超额: ▂▅▃▁▁▂▄▄▇▂█▄ (oldest → newest, shifted by the series minimum so negatives render由旧到新，按序列最小值平移以呈现负值)
| Quarter季度 | Buys买入数 | Median excess中位超额 | Hit胜率 | Median fwd 63d中位前瞻63日 |
|---|---|---|---|---|
| 2023-06-30 | 24 | -2% | 46% | -3% |
| 2023-09-30 | 18 | -8% | 44% | +7% |
| 2023-12-31 | 19 | +2% | 53% | +6% |
| 2024-03-31 | 20 | -4% | 50% | -1% |
| 2024-06-30 | 14 | -15% | 43% | +11% |
| 2024-09-30 | 27 | -12% | 33% | -8% |
| 2024-12-31 | 17 | -9% | 35% | -5% |
| 2025-03-31 | 36 | -3% | 42% | -2% |
| 2025-06-30 | 34 | -2% | 38% | -5% |
| 2025-09-30 | 17 | +10% | 65% | +15% |
| 2025-12-31 | 18 | -7% | 22% | -11% |
| 2026-03-31 | 28 | +11% | 89% | +13% |
| 2026-06-30 | 29 | -3% | 24% | — |
Sector exposure & rotation行业配置与轮动
value-weighted, latest filing; QoQ deltas vs prior quarter按市值加权，最新披露；季度环比变化对上季Current weights当前权重 · 2026-06-30
Financial
82.6%
▼ -1.1pp
Unclassified
12.3%
▲ +0.9pp
Consumer Cyclical
3.9%
▲ +0.1pp
Industrials
0.6%
▲ +0.3pp
Real Estate
0.5%
▼ -0.2pp
Theme categories主题类别
Financials 22.4%
US Sectors (EW) 19.3%
Consumer Cyclical 3.0%
Crypto & Digital Assets 0.9%
Rotating into (QoQ)轮入（环比）
Industrials +0.3pp
Consumer Cyclical +0.1pp
Rotating out of (QoQ)轮出（环比）
Financial -1.1pp
Real Estate -0.2pp
Quarter history — top-3 sectors季度历史 — 前三大行业
| 2026-06-30 | Financial 83% · Unclassified 12% · Consumer Cyclical 4% |
| 2026-03-31 | Financial 84% · Unclassified 11% · Consumer Cyclical 4% |
| 2025-12-31 | Financial 80% · Unclassified 15% · Consumer Cyclical 4% |
| 2025-09-30 | Financial 71% · Unclassified 23% · Consumer Cyclical 4% |
| 2025-06-30 | Financial 74% · Unclassified 19% · Consumer Cyclical 6% |
| 2025-03-31 | Financial 74% · Unclassified 17% · Consumer Cyclical 8% |
| 2024-12-31 | Financial 71% · Unclassified 18% · Consumer Cyclical 9% |
| 2024-09-30 | Financial 67% · Unclassified 18% · Consumer Cyclical 13% |
| 2024-06-30 | Financial 68% · Unclassified 18% · Consumer Cyclical 12% |
| 2024-03-31 | Financial 69% · Unclassified 19% · Consumer Cyclical 11% |
| 2023-12-31 | Financial 69% · Unclassified 18% · Consumer Cyclical 11% |
| 2023-09-30 | Financial 69% · Unclassified 21% · Consumer Cyclical 9% |
Full book完整持仓
every resolved position as filed — click a column header to sort. Conviction is a descriptive composite, not a forecast.截至披露日的全部已解析持仓——点击列头排序。信念分为描述性综合指标，非预测。109 positions shown项持仓 · resolved已解析 109/109 (100%) · unresolved CUSIPs are excluded from this table but counted in book totals未解析CUSIP不列入本表，但计入组合总额
| #↕ | Ticker标的 ↕ | Company公司 ↕ | % book仓位% ↕ | Value金额 ↕ | Action动作 ↕ | Δ sharesΔ股数 ↕ | Add streak连加季数 ↕ | Conviction信念分 ↕ | Sector行业 ↕ | Themes主题 | Since filing自披露 ↕ |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |  JPM |
Jpmorgan Chase & Co | 6.1% | $154M | hold | +0% | — | 70 · HIGH | Financial | Financials (Equal-Weight) | -2% |
| 2 |  TLT |
Ishares Tr | 4.9% | $123M | hold | +0% | — | 70 · MODERATE | Financial | — | +1% |
| 3 | BAC |
Bank Of Amer Corp | 4.8% | $120M | add | +14% | 2q | 79 · HIGH | Financial | Financials (Equal-Weight) | -5% |
| 4 |  WBS |
Webster Finl Corp | 3.7% | $93M | hold | +0% | — | 69 · MODERATE | — | Regional Banks | -0% |
| 5 |  USB |
Us Bancorp | 3.2% | $81M | hold | +0% | — | 69 · MODERATE | Financial | Regional Banks, Financials (Equal-Weight) | -2% |
| 6 |  DCOM |
Dime Coml Bancshares Inc | 3.1% | $79M | hold | -4% | — | 68 · MODERATE | Financial | — | +1% |
| 7 |  MS |
Morgan Stanley | 3.1% | $77M | hold | +0% | — | 68 · MODERATE | Financial | Financials (Equal-Weight) | +1% |
| 8 |  RKT |
Rocket Cos Inc | 2.9% | $74M | add | +20% | 1q | 73 · HIGH | Financial | — | -7% |
| 9 |  MDY |
State Str Spdr S&p Midcap 40 | 2.3% | $58M | add | +164% | 1q | 72 · HIGH | — | — | -4% |
| 10 | COF |
Capital One Finl Corp | 2.1% | $52M | add | +30% | 1q | 72 · HIGH | Financial | Payments & Fintech, Financials (Equal-Weight) | -7% |
| 11 |  OMF |
Onemain Hldgs Inc | 2.1% | $52M | hold | -3% | — | 52 · MODERATE | — | — | -3% |
| 12 |  FCNCA |
First Ctzns Bancshares Inc D | 1.9% | $48M | hold | +0% | — | 52 · MODERATE | Financial | Regional Banks | -3% |
| 13 |  BPOP |
Popular Inc | 1.9% | $48M | hold | -8% | — | 52 · MODERATE | — | Regional Banks | -6% |
| 14 |  TOL |
Toll Brothers Inc | 1.9% | $47M | hold | +0% | — | 51 · MODERATE | Consumer Cyclical | Housing Chain | -8% |
| 15 |  ONB |
Old Natl Bancorp Ind | 1.8% | $46M | hold | -2% | — | 50 · MODERATE | Financial | — | -4% |
| 16 | WFC |
Wells Fargo & Co | 1.8% | $46M | add | +111% | 1q | 55 · MODERATE | Financial | Financials (Equal-Weight) | +2% |
| 17 | SYF |
Synchrony Financial | 1.8% | $46M | add | +63% | 2q | 60 · MODERATE | Financial | Payments & Fintech, Financials (Equal-Weight) | -4% |
| 18 |  ESQ |
Esquire Finl Hldgs Inc | 1.8% | $44M | add | +38% | 1q | 54 · MODERATE | Financial | — | -5% |
| 19 |  PNFP |
Pinnacle Finl Partners Inc | 1.6% | $41M | hold | -10% | — | 49 · MODERATE | Financial | — | -6% |
| 20 |  RM |
Regional Mgmt Corp | 1.4% | $35M | hold | +4% | — | 49 · MODERATE | Financial | — | — |
| 21 |  KRE |
Spdr Series Trust | 1.3% | $32M | add | +25% | 1q | 54 · MODERATE | — | — | -3% |
| 22 |  KEY |
Keycorp | 1.2% | $31M | hold | -5% | — | 48 · MODERATE | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 23 |  IVZ |
Invesco Ltd | 1.2% | $31M | hold | -3% | — | 48 · MODERATE | Financial | Financials (Equal-Weight) | +2% |
| 24 |  ZION |
Zions Bancorporation Natl As | 1.2% | $29M | hold | -0% | — | 48 · MODERATE | Financial | — | -3% |
| 25 |  SFNC |
Simmons First Natl Corp | 1.2% | $29M | trim | -12% | — | 47 · MODERATE | Financial | — | -3% |
| 26 |  VCTR |
Victory Cap Hldgs Inc Del | 1.1% | $28M | hold | +0% | — | 47 · MODERATE | Financial | — | -3% |
| 27 | SSB |
Southstate Bk Corp | 1.1% | $28M | add | +162% | 1q | 52 · MODERATE | Financial | Regional Banks | -3% |
| 28 |  TMHC |
Taylor Morrison Home Corp | 1.1% | $28M | trim | -12% | — | 46 · MODERATE | — | — | — |
| 29 |  ALLY |
Ally Finl Inc | 1.1% | $27M | hold | +4% | — | 46 · MODERATE | Financial | Neobanks | -5% |
| 30 |  BANR |
Banner Corp | 1.1% | $27M | hold | +0% | — | 46 · MODERATE | Financial | — | -2% |
| 31 |  CFG |
Citizens Finl Group Inc | 1.1% | $27M | trim | -29% | — | 45 · MODERATE | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 32 |  BOH |
Bank Hawaii Corp | 1.1% | $26M | hold | +2% | — | 45 · MODERATE | Financial | — | -3% |
| 33 | HBAN |
Huntington Bancshares Inc | 1.1% | $26M | add | +134% | 2q | 55 · MODERATE | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 34 |  CPF |
Central Pac Finl Corp | 1.0% | $26M | hold | -8% | — | 44 · LOW | Financial | — | +0% |
| 35 |  FNB |
F N B Corp | 1.0% | $24M | trim | -33% | — | 44 · LOW | Financial | — | -4% |
| 36 |  SCHW |
Schwab Charles Corp | 0.9% | $23M | trim | -47% | — | 44 · LOW | Financial | Financials (Equal-Weight) | -2% |
| 37 | BLK |
Blackrock Inc | 0.9% | $23M | add | +15% | 1q | 49 · MODERATE | Financial | Crypto & Digital Rails, Financials (Equal-Weight) | -7% |
| 38 |  LAZ |
Lazard Inc | 0.9% | $23M | hold | -6% | — | 33 · LOW | Financial | — | +0% |
| 39 |  MHO |
M/i Homes Inc | 0.9% | $22M | hold | -0% | — | 33 · LOW | Consumer Cyclical | — | -6% |
| 40 |  CBU |
Community Financial System I | 0.9% | $22M | new | — | 1q | 38 · LOW | Financial | — | -3% |
| 41 |  OBK |
Origin Bancorp Inc | 0.8% | $21M | hold | +4% | — | 32 · LOW | Financial | — | -0% |
| 42 |  MCB |
Metropolitan Bk Hldg Corp | 0.8% | $21M | hold | +0% | — | 32 · LOW | Financial | — | -1% |
| 43 | UMBF |
Umb Finl Corp | 0.8% | $21M | new | — | 1q | 36 · LOW | Financial | Regional Banks | -6% |
| 44 |  HFWA |
Heritage Finl Corp Wash | 0.8% | $20M | hold | -1% | — | 31 · LOW | Financial | — | -1% |
| 45 |  PHM |
Pulte Group Inc | 0.7% | $19M | hold | +0% | — | 31 · LOW | Consumer Cyclical | Housing Chain, Consumer Discretionary (Equal-Weight) | -7% |
| 46 |  HWC |
Hancock Whitney Corporation | 0.7% | $18M | add | +96% | 1q | 36 · LOW | Financial | — | -4% |
| 47 |  VLY |
Valley Natl Bancorp | 0.7% | $17M | hold | +0% | — | 30 · LOW | Financial | — | -6% |
| 48 |  BFH |
Bread Financial Holdings Inc | 0.7% | $17M | hold | +0% | — | 30 · LOW | Financial | — | -4% |
| 49 |  PFSI |
Pennymac Finl Svcs Inc New | 0.7% | $17M | trim | -58% | — | 30 · LOW | Financial | — | -7% |
| 50 |  RJF |
Raymond James Finl Inc | 0.7% | $17M | trim | -47% | — | 29 · LOW | Financial | Financials (Equal-Weight) | -1% |
| 51 |  EQH |
Equitable Hldgs Inc | 0.6% | $16M | add | +44% | 2q | 39 · LOW | Financial | — | +2% |
| 52 |  FNF |
Fidelity Natl Finl Inc | 0.6% | $16M | hold | +0% | — | 29 · LOW | Financial | — | -9% |
| 53 |  FITB |
Fifth Third Bancorp | 0.6% | $15M | hold | +0% | — | 28 · LOW | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 54 | PGR |
Progressive Corp | 0.6% | $15M | add | +21% | 4q | 48 · MODERATE | Financial | Insurance & Brokers, Financials (Equal-Weight) | +7% |
| 55 |  CBZ |
Cbiz Inc | 0.6% | $14M | add | +120% | 2q | 38 · LOW | Industrials | — | +2% |
| 56 |  PNC |
Pnc Finl Svcs Group Inc | 0.6% | $14M | trim | -49% | — | 27 · LOW | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 57 |  PGC |
Peapack-Gladstone Finl Corp | 0.6% | $14M | add | +49% | 2q | 37 · LOW | Financial | — | -0% |
| 58 |  MBIN |
Merchants Bancorp Ind | 0.5% | $14M | hold | +0% | — | 27 · LOW | Financial | — | -2% |
| 59 |  CAC |
Camden Natl Corp | 0.5% | $13M | hold | +0% | — | 26 · LOW | Financial | — | — |
| 60 |  SPFI |
South Plains Financial Inc | 0.5% | $13M | add | +310% | 2q | 36 · LOW | Financial | — | +0% |
| 61 |  CWK |
Cushman And Wakefield Ltd | 0.5% | $13M | hold | -5% | — | 26 · LOW | Real Estate | — | -9% |
| 62 |  AMTB |
Amerant Bancorp Inc | 0.5% | $13M | new | — | 1q | 20 · LOW | Financial | — | +2% |
| 63 |  PWP |
Perella Weinberg Partners | 0.5% | $13M | hold | +0% | — | 25 · LOW | Financial | — | -15% |
| 64 |  BANC |
Banc Of California Inc | 0.5% | $12M | add | +130% | 1q | 30 · LOW | Financial | — | -4% |
| 65 |  AMG |
Affiliated Managers Group | 0.5% | $12M | add | +180% | 2q | 34 · LOW | Financial | — | -3% |
| 66 |  INDB |
Independent Bk Corp Mass | 0.5% | $12M | hold | +0% | — | 24 · LOW | Financial | — | -1% |
| 67 |  EBC |
Eastern Bankshares Inc | 0.4% | $11M | trim | -45% | — | 24 · LOW | Financial | — | -6% |
| 68 |  STT |
State Str Corp | 0.4% | $11M | hold | -8% | — | 24 · LOW | Financial | Financials (Equal-Weight) | +0% |
| 69 |  WAL |
Western Alliance Bancorp | 0.4% | $11M | hold | +0% | — | 24 · LOW | Financial | Regional Banks | -1% |
| 70 |  UBSI |
United Bankshares Inc West V | 0.4% | $11M | hold | +0% | — | 23 · LOW | Financial | — | -2% |
| 71 |  VOYA |
Voya Financial Inc | 0.4% | $11M | trim | -44% | — | 22 · LOW | Financial | — | +4% |
| 72 |  PFS |
Provident Finl Svcs Inc | 0.4% | $10M | hold | +0% | — | 22 · LOW | Financial | — | -4% |
| 73 | LEN |
Lennar Corp | 0.4% | $9M | add | +15% | 1q | 27 · LOW | Consumer Cyclical | Housing Chain, Consumer Discretionary (Equal-Weight) | -6% |
| 74 |  USCB |
Uscb Financial Holdings Inc | 0.4% | $9M | hold | +0% | — | 22 · LOW | Financial | — | +5% |
| 75 |  SMBK |
Smartfinancial Inc | 0.3% | $8M | hold | +6% | — | 21 · LOW | Financial | — | — |
| 76 |  AUB |
Atlantic Un Bankshares Corp | 0.3% | $8M | hold | +0% | — | 21 · LOW | Financial | — | -6% |
| 77 |  FBNC |
First Bancorp N C | 0.3% | $8M | hold | +0% | — | 21 · LOW | Financial | — | -2% |
| 78 |  BSRR |
Sierra Bancorp | 0.3% | $8M | add | +32% | 2q | 30 · LOW | Financial | — | — |
| 79 |  MVBF |
Mvb Finl Corp | 0.3% | $7M | add | +120% | 2q | 30 · LOW | Financial | — | — |
| 80 |  TCBK |
Trico Bancshares | 0.3% | $7M | hold | +0% | — | 20 · LOW | Financial | — | -4% |
| 81 |  FLG |
Flagstar Bank National Assoc | 0.3% | $7M | hold | +0% | — | 19 · LOW | Financial | — | -4% |
| 82 |  SF |
Stifel Finl Corp | 0.3% | $7M | new | — | 1q | 14 · LOW | Financial | — | -4% |
| 83 |  SHBI |
Shore Bancshares Inc | 0.3% | $7M | new | — | 1q | 14 · LOW | Financial | — | -1% |
| 84 |  WASH |
Washington Tr Bancorp Inc | 0.3% | $7M | new | — | 1q | 14 · LOW | Financial | — | +2% |
| 85 |  HOMB |
Home Bancshares Inc | 0.2% | $5M | hold | +0% | — | 18 · LOW | Financial | — | -3% |
| 86 |  CARE |
Carter Bankshares Inc | 0.2% | $4M | trim | -42% | — | 18 · LOW | Financial | — | -3% |
| 87 |  NBN |
Northeast Bk Portland Me | 0.2% | $4M | hold | +0% | — | 17 · LOW | Financial | — | -2% |
| 88 |  TFC |
Truist Finl Corp | 0.1% | $4M | trim | -60% | — | 17 · LOW | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 89 |  BPRN |
Princeton Bancorp Inc | 0.1% | $4M | hold | +6% | — | 17 · LOW | Financial | — | — |
| 90 |  BUSE |
First Busey Corp | 0.1% | $3M | hold | +0% | — | 16 · LOW | Financial | — | — |
| 91 |  MTB |
M & T Bk Corp | 0.1% | $3M | hold | +0% | — | 16 · LOW | Financial | Regional Banks, Financials (Equal-Weight) | -4% |
| 92 |  APO |
Apollo Global Mgmt Inc | 0.1% | $3M | hold | +0% | — | 16 · LOW | Financial | Financials (Equal-Weight) | -6% |
| 93 |  C |
Citigroup Inc | 0.1% | $3M | hold | +0% | — | 16 · LOW | Financial | Financials (Equal-Weight) | -0% |
| 94 |  MC |
Moelis & Co | 0.1% | $3M | trim | -37% | — | 15 · LOW | Financial | — | +2% |
| 95 |  HAPN |
Happen Inc | 0.1% | $2M | hold | +0% | — | 15 · LOW | Financial | — | -9% |
| 96 |  WSBC |
Wesbanco Inc | 0.1% | $2M | hold | +0% | — | 15 · LOW | Financial | — | -3% |
| 97 |  NBHC |
National Bk Hldgs Corp | 0.1% | $2M | new | — | 1q | 19 · LOW | Financial | — | -2% |
| 98 |  EWBC |
East West Bancorp Inc | 0.1% | $2M | hold | +0% | — | 14 · LOW | Financial | Regional Banks | -4% |
| 99 |  ALRS |
Alerus Finl Corp | 0.1% | $2M | hold | +0% | — | 14 · LOW | Financial | — | — |
| 100 |  KBH |
Kb Home | 0.1% | $2M | hold | +0% | — | 14 · LOW | Consumer Cyclical | Housing Chain | -9% |
| 101 |  FBK |
Fb Finl Corp | 0.1% | $2M | new | — | 1q | 18 · LOW | Financial | — | -10% |
| 102 |  WRLD |
World Accep Corporation | 0.1% | $2M | new | — | 1q | 18 · LOW | Financial | — | -0% |
| 103 |  LPLA |
Lpl Finl Hldgs Inc | 0.0% | $822787 | trim | -90% | — | 12 · LOW | Financial | — | -5% |
| 104 |  EGBN |
Eagle Bancorporation Inc | 0.0% | $605417 | hold | +0% | — | 12 · LOW | Financial | — | -3% |
| 105 |  CCS |
Century Communities Inc | 0.0% | $533437 | hold | +0% | — | 12 · LOW | Consumer Cyclical | — | -12% |
| 106 |  FG |
F&g Annuities & Life Inc | 0.0% | $533156 | hold | +0% | — | 12 · LOW | Financial | — | -14% |
| 107 |  SBCF |
Seacoast Bkg Corp Fla | 0.0% | $211936 | hold | +0% | — | 11 · LOW | Financial | — | -4% |
| 108 |  CLST |
Catalyst Bancorp Inc | 0.0% | $185671 | hold | +0% | — | 11 · LOW | — | — | +6% |
| 109 |  UWMC |
Uwm Holdings Corporation | 0.0% | $49017 | trim | -96% | — | 10 · LOW | — | — | -13% |
Rotation detail轮动明细
this filing cycle, uncapped — adds/new and trims from the resolved book, exits from the rotation feed本披露周期，不设上限——新建/加仓与减持取自已解析持仓，清仓取自轮动数据Rotated into轮入 (31)
| BAC add |
4.8% | -5% |
| RKT add |
2.9% | -7% |
| MDY add |
2.3% | -4% |
| COF add |
2.1% | -7% |
| WFC add |
1.8% | +2% |
| SYF add |
1.8% | -4% |
| ESQ add |
1.8% | -5% |
| KRE add |
1.3% | -3% |
| SSB add |
1.1% | -3% |
| HBAN add |
1.1% | -4% |
| BLK add |
0.9% | -7% |
| CBU new |
0.9% | -3% |
| UMBF new |
0.8% | -6% |
| HWC add |
0.7% | -4% |
| EQH add |
0.6% | +2% |
| PGR add |
0.6% | +7% |
| CBZ add |
0.6% | +2% |
| PGC add |
0.6% | -0% |
| SPFI add |
0.5% | +0% |
| AMTB new |
0.5% | +2% |
| BANC add |
0.5% | -4% |
| AMG add |
0.5% | -3% |
| LEN add |
0.4% | -6% |
| BSRR add |
0.3% | — |
| MVBF add |
0.3% | — |
| SF new |
0.3% | -4% |
| SHBI new |
0.3% | -1% |
| WASH new |
0.3% | +2% |
| NBHC new |
0.1% | -2% |
| FBK new |
0.1% | -10% |
| WRLD new |
0.1% | -0% |
Rotated out of轮出 (21)
| SFNC trim |
-12% | -3% |
| TMHC trim |
-12% | — |
| CFG trim |
-29% | -4% |
| FNB trim |
-33% | -4% |
| SCHW trim |
-47% | -2% |
| PFSI trim |
-58% | -7% |
| RJF trim |
-47% | -1% |
| PNC trim |
-49% | -4% |
| EBC trim |
-45% | -6% |
| VOYA trim |
-44% | +4% |
| CARE trim |
-42% | -3% |
| TFC trim |
-60% | -4% |
| MC trim |
-37% | +2% |
| LPLA trim |
-90% | -5% |
| UWMC trim |
-96% | -13% |
 AMP exit |
-100% | +0% |
 BUR exit |
-100% | +1% |
 CBSH exit |
-100% | -1% |
 CRBG exit |
-100% | +2% |
 JLL exit |
-100% | -5% |
 KKR exit |
-100% | -6% |
Trade log交易记录
last 40 graded trades, filing-date anchored, newest first — variable hold vs SPY最近40笔已评分交易，以披露日为锚，最新在前——持有期不定，相对SPYNo graded trades available for this fund.该基金暂无已评分交易。
Caveats注意事项 —
13F = quarterly, ~45-day lag, reported long positions from managers with at least $100M in Section 13(f) securities. No shorts, no cash, no non-US positions. This desk is context — ownership is never a directional signal here.13F = 季度披露，约45天滞后，仅含美股多头且持仓≥1亿美元。不含空头、现金或非美股仓位。本台仅为背景参考——持仓数据在此永远不是方向性信号。
Grades and reliability are descriptive ranks within a curated survivor cohort — they measure what filings did after their filing dates, not a manager-selection edge. Conviction and core-lean reads are descriptive composites earning a forward record via the pre-registered ledger (L5); sector/theme classification applies the current map to history.评级与可靠性为精选幸存者队列中的描述性排名——衡量披露日之后持仓的表现，而非经理选择能力。信念分与核心倾向为描述性综合指标，通过预注册账本（L5）积累前瞻记录；行业/主题分类将当前映射应用于历史。