Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), US Bancorp (NYSE:USB), JPMorgan (NYSE:JPM) Among Top Holdings of Basswood Capital Management

Of the top ten holdings of Basswood Capital Management, banks were the leading representatives, with Bank of America (NYSE:BAC), Wells Fargo (NYSE:WFC), US Bancorp (NYSE:USB) and JPMorgan (NYSE:JPM) among the top holdings of the company.

Basswood added a little over 24,000 more shares to Wells Fargo, and sold off over 57,340 shares of Bank of America. US Bancorp and JPMorgan remained level.

The top three holdings were Wells Fargo in the top position, US Bancorp 2nd, and JPMorgan Chase in third. Bank of America dropped to 9th place; all measured by market value.

The rest, as measured by market value, were Ingersoll-Rand Plc (NYSE:IR) in fourth place, followed by Belden Inc. (NYSE:BDC), Toll Brothers (NYSE:TOL) and Walgreen (NYSE:WAG), in that order. In the #10 spot was Anixter International (NYSE:AXE).

This was according to a required 13F-HR filing with the SEC.

Bank of America closed Monday at $14.89, up $0.12, or 0.81 percent. U.S. Bancorp closed at $28.68, gaining $0.31, or 1.09 percent. Wells Fargo ended the session at $33.87, up $0.11, or 0.33 percent. JPMorgan closed at $46.54, down $0.03, or 0.06 percent.