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
-1.62%
1 Year Est. Return
+42.62%
3 Year Est. Return
+103.6%
5 Year Est. Return
+78.37%
10 Year Est. Return
–
AUM
$314M
AUM Growth
+$7.05M
(+2.3%)
Cap. Flow
+$8.54M
Cap. Flow
% of AUM
2.72%
Top 10 Holdings %
Top 10 Hldgs %
68.09%
Holding
53
New
24
Increased
13
Reduced
9
Closed
7
Avg Time Held
1.2
years
Top 10 Avg Time Held
0.8
years
Top 20 Avg Time Held
1.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Community West Bancshares
CWBC
|
+$30.2M |
| 2 |
Burke & Herbert Financial Services Corp
BHRB
|
+$15.7M |
| 3 |
California BanCorp Common Stock
CALB
|
+$7.61M |
| 4 |
Southern California Bancorp
BCAL
|
+$3.73M |
| 5 |
Mechanics Bancorp
MCHB
|
+$2.81M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Community West BanCshares
CWBC
|
+$35.6M |
| 2 |
Carter Bankshares
CARE
|
+$8.78M |
| 3 |
HMN Financial Inc
HMNF
|
+$6.3M |
| 4 |
Summit Financial Group, Inc.
SMMF
|
+$5.83M |
| 5 |
First Community Corp
FCCO
|
+$5.79M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 100% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Provident Financial Services
PFS
$2.86B
| $1.18M | 0.37% |
+82,000
| New | +$1.19M |
2024 Q2
0 quarters
|
|
27
Western New England Bancorp
WNEB
$270M
| $1.12M | 0.36% |
+162,910
| New | +$1.08M |
2024 Q2
0 quarters
|
|
28
Mid Penn Bancorp
MPB
$900M
| $863K | 0.27% |
+39,313
| New | +$817K |
2024 Q2
0 quarters
|
|
29
DELISTED
Old Point Financial
OPOF
| $826K | 0.26% |
56,321
+35,530
| +171% | +$524K |
2023 Q3
3 quarters
|
|
30
Bank Of The James
BOTJ
$123M
| $821K | 0.26% |
72,928
-1,238
| -2% | -$13K |
2023 Q2
4 quarters
|
|
31
DELISTED
LINKBANCORP
LNKB
| $814K | 0.26% |
+132,952
| New | +$856K |
2024 Q2
0 quarters
|
|
32
Civista Bancshares
CIVB
$551M
| $761K | 0.24% |
+49,113
| New | +$713K |
2024 Q2
0 quarters
|
|
33
Primis Financial Corp
FRST
$378M
| $697K | 0.22% |
66,539
-77,037
| -54% | -$807K |
2023 Q2
4 quarters
|
|
34
Blue Ridge Bankshares
BRBS
$349M
| $680K | 0.22% |
+260,477
| New | +$727K |
2024 Q2
0 quarters
|
|
35
Pathfinder Bancorp
PBHC
$105M
| $621K | 0.2% |
+47,117
| New | +$588K |
2024 Q2
0 quarters
|
|
36
Citizens Financial Services
CZFS
$376M
| $606K | 0.19% |
+13,628
| New | +$584K |
2024 Q2
0 quarters
|
|
37
Western Alliance Bancorporation
WAL
$7.88B
| $572K | 0.18% |
+9,100
| New | +$550K |
2024 Q2
0 quarters
|
|
38
DELISTED
MidWestOne Financial Group
MOFG
| $564K | 0.18% |
+25,100
| New | +$532K |
2024 Q2
0 quarters
|
|
39
Columbia Banking Systems
COLB
$7.93B
| $559K | 0.18% |
+28,100
| New | +$534K |
2024 Q2
0 quarters
|
|
40
Bank OZK
OZK
$4.9B
| $547K | 0.17% |
+13,339
| New | +$580K |
2024 Q2
0 quarters
|
|
41
DELISTED
Webster Financial
WBS
| $535K | 0.17% |
+12,268
| New | +$546K |
2024 Q2
0 quarters
|
|
42
Capital Bancorp
CBNK
$630M
| $516K | 0.16% |
+25,193
| New | +$505K |
2024 Q2
0 quarters
|
|
43
DELISTED
Northfield Bancorp
NFBK
| $512K | 0.16% |
+54,000
| New | +$473K |
2024 Q2
0 quarters
|
|
44
OceanFirst Financial
OCFC
$1.52B
| $508K | 0.16% |
+31,970
| New | +$483K |
2024 Q2
0 quarters
|
|
45
Parke Bancorp
PKBK
$381M
| $420K | 0.13% |
+24,113
| New | +$394K |
2024 Q2
0 quarters
|
|
46
DELISTED
United Security Bancshares
UBFO
| $300K | 0.1% |
+41,389
| New | +$302K |
2024 Q2
0 quarters
|
|
47
Auburn National Bancorp
AUBN
$92M
| – | – |
-37,264
| Closed | -$718K | – |
|
48
CF Bankshares
CFBK
$219M
| – | – |
-94,873
| Closed | -$1.89M | – |
|
49
Hanover Bancorp
HNVR
$172M
| – | – |
-36,354
| Closed | -$539K | – |
|
50
DELISTED
Territorial Bancorp Inc.
TBNK
| – | – |
-397,173
| Closed | -$3.2M | – |
|
Similar funds
PBRA
CCM
ECM
POIA
GCM
MPCA
NSG
WAU
Fourthstone LLC's Q2 2024 Portfolio in Review
As of Q2 2024, Fourthstone LLC held 53 positions worth $314M, up 2.3% from $307M the previous quarter. Its ten largest holdings account for 68% of the portfolio.
Fourthstone LLC's Q2 2024 filing shows 24 new, 13 increased, 9 reduced and 7 closed positions. Its largest new stake was Community West Bancshares: 1,719,272 shares worth $31.8M. The largest sale was Community West BanCshares, an estimated $35.6M.
By sector, the portfolio is most concentrated in Financials at 100% of assets, unchanged from a quarter earlier.
- Fourthstone LLC's largest Q2 2024 buy was Community West Bancshares: 1,719,272 shares worth $31.8M.
- Fourthstone LLC added most to Southern California Bancorp in Q2 2024, an estimated $3.73M increase.
- Fourthstone LLC's biggest Q2 2024 reduction was Carter Bankshares, cutting an estimated $8.78M.
- Fourthstone LLC fully exited Community West BanCshares in Q2 2024, selling an estimated $35.6M.
- Fourthstone LLC's ten largest holdings make up 68% of its $314M portfolio in Q2 2024.
- Fourthstone LLC opened 24 new positions and closed 7 in Q2 2024.
- Fourthstone LLC's portfolio value rose 2.3% quarter-over-quarter to $314M.
Based on Fourthstone LLC's 13F filing for Q2 2024, filed 14 Aug 2024.