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Fourthstone LLC Portfolio holdings
AUM
$140M
1-Year Est. Return
42.62%
This Fund
S&P 500
This Quarter
Est. Return
-13.31%
1 Year Est. Return
+42.62%
3 Year Est. Return
+103.6%
5 Year Est. Return
+78.37%
10 Year Est. Return
–
AUM
$307M
AUM Growth
-$187M
(-38%)
Cap. Flow
-$152M
Cap. Flow
% of AUM
-49.36%
Top 10 Holdings %
Top 10 Hldgs %
66.7%
Holding
66
New
1
Increased
16
Reduced
12
Closed
37
Avg Time Held
7.1
quarters
Top 10 Avg Time Held
2.9
quarters
Top 20 Avg Time Held
4.7
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Community West BanCshares
CWBC
|
+$20.9M |
| 2 |
Orrstown Financial Services
ORRF
|
+$7.16M |
| 3 |
Codorus Valley Bancorp Inc
CVLY
|
+$4.66M |
| 4 |
Carter Bankshares
CARE
|
+$3.49M |
| 5 |
First Community Corp
FCCO
|
+$2.69M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Community West Bancshares
CWBC
|
+$25.7M |
| 2 |
Mechanics Bancorp
MCHB
|
+$19.2M |
| 3 |
Columbia Banking Systems
COLB
|
+$18.7M |
| 4 |
Eagle Bancorp
EGBN
|
+$12.7M |
| 5 |
Heartland Financial USA, Inc.
HTLF
|
+$11.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 100% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Bank Of The James
BOTJ
$123M
| $768K | 0.25% |
74,166
-32,988
| -31% | -$383K |
2023 Q2
3 quarters
|
|
27
Auburn National Bancorp
AUBN
$92M
| $718K | 0.23% |
37,264
-7,545
| -17% | -$154K |
2023 Q2
3 quarters
|
|
28
Hanover Bancorp
HNVR
$173M
| $539K | 0.18% |
+36,354
| New | +$616K |
2024 Q1
0 quarters
|
|
29
DELISTED
Old Point Financial
OPOF
| $369K | 0.12% |
20,791
-6,247
| -23% | -$108K |
2023 Q3
2 quarters
|
|
30
DELISTED
Affinity Bancshares
AFBI
| – | – |
-15,175
| Closed | -$242K | – |
|
31
AmeriServ Financial
ASRV
$73.9M
| – | – |
-316,428
| Closed | -$1.02M | – |
|
32
DELISTED
BankFinancial
BFIN
| – | – |
-42,811
| Closed | -$439K | – |
|
33
Bank of Marin Bancorp
BMRC
$427M
| – | – |
-147,045
| Closed | -$3.24M | – |
|
34
Blue Ridge Bankshares
BRBS
$346M
| – | – |
-1,615,507
| Closed | -$4.89M | – |
|
35
Sierra Bancorp
BSRR
$513M
| – | – |
-153,766
| Closed | -$3.47M | – |
|
36
BV Financial
BVFL
$184M
| – | – |
-256,192
| Closed | -$3.63M | – |
|
37
CB Financial Services
CBFV
$191M
| – | – |
-19,231
| Closed | -$458K | – |
|
38
Civista Bancshares
CIVB
$555M
| – | – |
-123,092
| Closed | -$2.27M | – |
|
|
39
Columbia Banking Systems
COLB
$7.99B
| – | – |
-702,058
| Closed | -$18.7M | – |
|
|
40
Community West Bancshares
CWBC
$702M
| – | – |
-1,150,657
| Closed | -$25.7M | – |
|
41
Citizens Financial Services
CZFS
$379M
| – | – |
-37,785
| Closed | -$2.4M | – |
|
42
Citizens Community Bancorp
CZWI
$205M
| – | – |
-434,692
| Closed | -$5.09M | – |
|
|
43
Eagle Bancorp
EGBN
$859M
| – | – |
-421,823
| Closed | -$12.7M | – |
|
44
Equity Bancshares
EQBK
$964M
| – | – |
-120,882
| Closed | -$4.1M | – |
|
45
DELISTED
First Foundation Inc
FFWM
| – | – |
-1,056,144
| Closed | -$10.2M | – |
|
|
46
Mechanics Bancorp
MCHB
$3.15B
| – | – |
-1,865,896
| Closed | -$19.2M | – |
|
47
DELISTED
Heritage Commerce
HTBK
| – | – |
-105,208
| Closed | -$1.04M | – |
|
48
Hawthorn Bancshares
HWBK
$278M
| – | – |
-162,719
| Closed | -$4.13M | – |
|
49
First Internet Bancorp
INBK
$228M
| – | – |
-81,319
| Closed | -$1.97M | – |
|
50
DELISTED
LINKBANCORP
LNKB
| – | – |
-149,372
| Closed | -$1.19M | – |
|
Similar funds
PBRA
CCM
ECM
POIA
GCM
MPCA
NSG
WAU
Fourthstone LLC's Q1 2024 Portfolio in Review
As of Q1 2024, Fourthstone LLC held 66 positions worth $307M, down 38% from $494M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Fourthstone LLC withdrew a net $152M in Q1 2024, closing 37 positions and reducing 12 holdings. Its most notable exit was Community West Bancshares, an estimated $25.7M position sold in full.
By sector, the portfolio is most concentrated in Financials at 100% of assets, unchanged from a quarter earlier.
Against the trend, Fourthstone LLC opened a new position in Hanover Bancorp worth $539K.
- Fourthstone LLC's largest Q1 2024 buy was Hanover Bancorp: 36,354 shares worth $539K.
- Fourthstone LLC added most to Community West BanCshares in Q1 2024, an estimated $20.9M increase.
- Fourthstone LLC's biggest Q1 2024 reduction was Primis Financial Corp, cutting an estimated $10M.
- Fourthstone LLC fully exited Community West Bancshares in Q1 2024, selling an estimated $25.7M.
- Fourthstone LLC's ten largest holdings make up 67% of its $307M portfolio in Q1 2024.
- Fourthstone LLC opened 1 new position and closed 37 in Q1 2024.
- Fourthstone LLC's portfolio value fell 38% quarter-over-quarter to $307M.
Based on Fourthstone LLC's 13F filing for Q1 2024, filed 14 May 2024.