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
-3.82%
1 Year Est. Return
+42.62%
3 Year Est. Return
+103.6%
5 Year Est. Return
+78.37%
10 Year Est. Return
–
AUM
$311M
AUM Growth
+$60.5M
Cap. Flow
+$77.6M
Cap. Flow %
24.92%
Top 10 Hldgs %
56.95%
Holding
63
New
17
Increased
29
Reduced
8
Closed
8
Avg Time Held
0.9 years
Top 10 Avg Time Held
1.5 years
Top 20 Avg Time Held
1.1 years

Top Buys

Rank Stock Value
1
EVBN icon
Evans Bancorp Inc
EVBN
+$8.31M
2
ATLO icon
AMES National
ATLO
+$6.89M
3
BSRR icon
Sierra Bancorp
BSRR
+$5.89M
4
FVCB icon
FVCBankcorp
FVCB
+$5.33M
5
CWBC icon
Community West Bancshares
CWBC
+$4.93M

Top Sells

Rank Stock Value
1
VABK icon
Virginia National Bankshares
VABK
+$2.91M
2
FSFG icon
First Savings Financial Group
FSFG
+$2.59M
3
PACW
PacWest Bancorp
PACW
+$2.28M
4
EBMT icon
Eagle Bancorp Montana
EBMT
+$1.57M
5
ORRF icon
Orrstown Financial Services
ORRF
+$1.35M

Sector Composition

Rank Sector Weight
1 Financials 100%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
VABK icon
26
Virginia National Bankshares
VABK
$275M
$3.35M 1.08%
103,323
-89,436
-46% -$2.91M
2021 Q2
5 quarters
NRIM icon
27
Northrim BanCorp
NRIM
$536M
$2.78M 0.89%
+267,536
New +$2.74M
2022 Q3
0 quarters
SMMF icon
28
DELISTED
Summit Financial Group, Inc.
SMMF
$2.73M 0.88%
101,386
-46,287
-31% -$1.32M
2020 Q3
8 quarters
FSFG icon
29
DELISTED
First Savings Financial Group
FSFG
$2.69M 0.86%
117,175
-110,454
-49% -$2.59M
2019 Q4
11 quarters
MNSB icon
30
MainStreet Bancshares
MNSB
$174M
$2.5M 0.8%
109,717
+95,048
+648% +$2.24M
2021 Q2
5 quarters
NKSH icon
31
National Bankshares
NKSH
$273M
$2.43M 0.78%
+71,880
New +$2.36M
2022 Q3
0 quarters
HTB icon
32
HomeTrust Bancshares
HTB
$759M
$2.12M 0.68%
95,995
+70,995
+284% +$1.71M
2022 Q2
1 quarter
TBNK icon
33
DELISTED
Territorial Bancorp Inc.
TBNK
$1.92M 0.62%
103,419
+26,919
+35% +$567K
2021 Q4
3 quarters
COFS icon
34
Choiceone Financial
COFS
$481M
$1.63M 0.52%
+75,250
New +$1.6M
2022 Q3
0 quarters
EBMT icon
35
Eagle Bancorp Montana
EBMT
$166M
$1.61M 0.52%
84,927
-81,467
-49% -$1.57M
2021 Q3
4 quarters
NWFL icon
36
Norwood Financial Corp
NWFL
$366M
$1.47M 0.47%
+55,452
New +$1.42M
2022 Q3
0 quarters
JPM icon
37
JPMorgan Chase
JPM
$890B
$1.16M 0.37%
11,100
+5,800
+109% +$666K
2022 Q2
1 quarter
ORRF icon
38
Orrstown Financial Services
ORRF
$808M
$1.1M 0.35%
46,038
-53,058
-54% -$1.35M
2020 Q4
7 quarters
TFC icon
39
Truist Financial
TFC
$55.7B
$1.05M 0.34%
+24,100
New +$1.16M
2022 Q3
0 quarters
USB icon
40
US Bancorp
USB
$87.7B
$976K 0.31%
+24,200
New +$1.12M
2022 Q3
0 quarters
FITB icon
41
Fifth Third Bancorp
FITB
$45B
$965K 0.31%
+30,190
New +$1.04M
2022 Q3
0 quarters
KEY icon
42
KeyCorp
KEY
$21.1B
$963K 0.31%
+60,100
New +$1.08M
2022 Q3
0 quarters
CHMG icon
43
Chemung Financial Corp
CHMG
$382M
$921K 0.3%
+22,004
New +$989K
2022 Q3
0 quarters
BAC icon
44
Bank of America
BAC
$359B
$909K 0.29%
+30,100
New +$1.01M
2022 Q3
0 quarters
FNWB icon
45
First Northwest Bancorp
FNWB
$92.2M
$891K 0.29%
55,319
+24,545
+80% +$400K
2022 Q2
1 quarter
LCNB icon
46
LCNB Corp
LCNB
$265M
$794K 0.25%
50,043
+38,246
+324% +$591K
2022 Q2
1 quarter
CFG icon
47
Citizens Financial Group
CFG
$26.4B
$519K 0.17%
+15,100
New +$559K
2022 Q3
0 quarters
FDBC icon
48
Fidelity D&D Bancorp
FDBC
$329M
$496K 0.16%
+12,297
New +$497K
2022 Q3
0 quarters
AFBI icon
49
DELISTED
Affinity Bancshares
AFBI
$374K 0.12%
25,620
– –
2021 Q2
5 quarters
STEL icon
50
DELISTED
Stellar Bancorp
STEL
$352K 0.11%
+12,046
New +$362K
2022 Q3
0 quarters
1
2
3

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POIA
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GCM
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MPCA
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Fourthstone LLC's Q3 2022 Portfolio in Review

As of Q3 2022, Fourthstone LLC held 63 positions worth $311M, up 24% from $251M the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Fourthstone LLC deployed $77.6M of net new capital in Q3 2022, opening 17 new positions and adding to 29 existing holdings. Its largest new stake was AMES National: 311,184 shares worth $6.9M.

By sector, the portfolio is most concentrated in Financials at 100% of assets, unchanged from a quarter earlier.

On the sell side, the largest reduction was Virginia National Bankshares, an estimated $2.91M trimmed.

  • Fourthstone LLC's largest Q3 2022 buy was AMES National: 311,184 shares worth $6.9M.
  • Fourthstone LLC added most to Evans Bancorp Inc in Q3 2022, an estimated $8.31M increase.
  • Fourthstone LLC's biggest Q3 2022 reduction was Virginia National Bankshares, cutting an estimated $2.91M.
  • Fourthstone LLC fully exited PacWest Bancorp in Q3 2022, selling an estimated $2.28M.
  • Fourthstone LLC's ten largest holdings make up 57% of its $311M portfolio in Q3 2022.
  • Fourthstone LLC opened 17 new positions and closed 8 in Q3 2022.
  • Fourthstone LLC's portfolio value rose 24% quarter-over-quarter to $311M.

Based on Fourthstone LLC's 13F filing for Q3 2022, filed 14 Nov 2022.