FL
Fourthstone LLC Portfolio holdings
AUM
$140M
Turnover
72.06%
1-Year Est. Return
42.62%
This Fund
S&P 500
This Quarter
Est. Return
+34.41%
1 Year Est. Return
+42.62%
3 Year Est. Return
+103.6%
5 Year Est. Return
+78.37%
10 Year Est. Return
–
AUM
$158M
AUM Growth
+$39.2M
(+33%)
Cap. Flow
+$2.42M
Cap. Flow
% of AUM
1.53%
Top 10 Holdings %
Top 10 Hldgs %
68.17%
Holding
54
New
10
Increased
15
Reduced
11
Closed
17
Avg Time Held
0.5
years
Top 10 Avg Time Held
0.6
years
Top 20 Avg Time Held
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Internet Bancorp
INBK
|
+$2.58M |
| 2 |
Capital Bancorp
CBNK
|
+$2.3M |
| 3 |
Blue Ridge Bankshares
BRBS
|
+$2.29M |
| 4 |
Codorus Valley Bancorp Inc
CVLY
|
+$1.83M |
| 5 |
Summit Financial Group, Inc.
SMMF
|
+$1.71M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Beacon Financial Corp
BBT
|
+$2.79M |
| 2 |
The First Bancshares, Inc.
FBMS
|
+$2.71M |
| 3 |
SLCT
Select Bancorp, Inc.
SLCT
|
+$2.4M |
| 4 |
HomeTrust Bancshares
HTB
|
+$1.36M |
| 5 |
Heritage Commerce
HTBK
|
+$1.27M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 100% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Orrstown Financial Services
ORRF
$804M
| $1.06M | 0.67% |
+63,789
| New | +$985K |
2020 Q4
0 quarters
|
|
|
PACW
27
DELISTED
PacWest Bancorp
PACW
| $762K | 0.48% |
+30,000
| New | +$669K |
2020 Q4
0 quarters
|
|
28
Investar Holding Corp
ISTR
$394M
| $724K | 0.46% |
43,746
+25,851
| +144% | +$398K |
2020 Q3
1 quarter
|
|
29
Timberland Bancorp
TSBK
$350M
| $701K | 0.44% |
+28,877
| New | +$634K |
2020 Q4
0 quarters
|
|
30
Primis Financial Corp
FRST
$377M
| $695K | 0.44% |
57,406
-21,594
| -27% | -$234K |
2020 Q1
3 quarters
|
|
31
DELISTED
Sandy Spring Bancorp Inc
SASR
| $564K | 0.36% |
+17,516
| New | +$500K |
2020 Q4
0 quarters
|
|
32
DELISTED
Premier Financial Corp. Common Stock
PFC
| $477K | 0.3% |
+20,753
| New | +$420K |
2020 Q4
0 quarters
|
|
33
First Horizon
FHN
$10.7B
| $459K | 0.29% |
36,000
+23,900
| +198% | +$280K |
2019 Q4
4 quarters
|
|
34
Sierra Bancorp
BSRR
$506M
| $358K | 0.23% |
+14,987
| New | +$321K |
2020 Q4
0 quarters
|
|
|
CSTR
35
DELISTED
CapStar Financial Holdings, Inc
CSTR
| $155K | 0.1% |
+10,510
| New | +$127K |
2020 Q4
0 quarters
|
|
36
Carter Bankshares
CARE
$697M
| $119K | 0.08% |
+11,100
| New | +$94.4K |
2020 Q4
0 quarters
|
|
37
First Bank
FRBA
$432M
| $110K | 0.07% |
11,703
-8,516
| -42% | -$73K |
2019 Q4
4 quarters
|
|
38
DELISTED
Comerica
CMA
| – | – |
-5,700
| Closed | -$218K | – |
|
39
Eagle Bancorp Montana
EBMT
$163M
| – | – |
-43,348
| Closed | -$764K | – |
|
40
First Mid Bancshares
FMBH
$1.29B
| – | – |
-18,231
| Closed | -$455K | – |
|
41
FNB Corp
FNB
$6B
| – | – |
-16,100
| Closed | -$109K | – |
|
42
First Merchants
FRME
$2.43B
| – | – |
-17,000
| Closed | -$394K | – |
|
|
43
DELISTED
Heritage Commerce
HTBK
| – | – |
-191,100
| Closed | -$1.27M | – |
|
44
Hancock Whitney
HWC
$5.75B
| – | – |
-62,000
| Closed | -$1.17M | – |
|
45
Old Second Bancorp
OSBC
$1.25B
| – | – |
-20,000
| Closed | -$150K | – |
|
46
Towne Bank
TOWN
$3.17B
| – | – |
-17,000
| Closed | -$279K | – |
|
47
United Bankshares
UBSI
$6.22B
| – | – |
-26,104
| Closed | -$560K | – |
|
|
48
HomeTrust Bancshares
HTB
$754M
| – | – |
-100,433
| Closed | -$1.36M | – |
|
|
49
DELISTED
The First Bancshares, Inc.
FBMS
| – | – |
-129,100
| Closed | -$2.71M | – |
|
|
ACBI
50
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| – | – |
-32,300
| Closed | -$367K | – |
|
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PBRA
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ECM
POIA
GCM
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NSG
WAU
Fourthstone LLC's Q4 2020 Portfolio in Review
As of Q4 2020, Fourthstone LLC held 54 positions worth $158M, up 33% from $119M the previous quarter. Its ten largest holdings account for 68% of the portfolio.
Fourthstone LLC's Q4 2020 filing shows 10 new, 15 increased, 11 reduced and 17 closed positions. Its largest new stake was Capital Bancorp: 197,497 shares worth $2.75M. The largest sale was Beacon Financial Corp, an estimated $2.79M.
By sector, the portfolio is most concentrated in Financials at 100% of assets, unchanged from a quarter earlier.
- Fourthstone LLC's largest Q4 2020 buy was Capital Bancorp: 197,497 shares worth $2.75M.
- Fourthstone LLC added most to First Internet Bancorp in Q4 2020, an estimated $2.58M increase.
- Fourthstone LLC's biggest Q4 2020 reduction was Beacon Financial Corp, cutting an estimated $2.79M.
- Fourthstone LLC fully exited The First Bancshares, Inc. in Q4 2020, selling an estimated $2.71M.
- Fourthstone LLC's ten largest holdings make up 68% of its $158M portfolio in Q4 2020.
- Fourthstone LLC opened 10 new positions and closed 17 in Q4 2020.
- Fourthstone LLC's portfolio value rose 33% quarter-over-quarter to $158M.
Based on Fourthstone LLC's 13F filing for Q4 2020, filed 12 Feb 2021.