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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
+19.06%
1 Year Est. Return
+42.62%
3 Year Est. Return
+103.6%
5 Year Est. Return
+78.37%
10 Year Est. Return
–
AUM
$449M
AUM Growth
+$135M
(+43%)
Cap. Flow
+$84M
Cap. Flow
% of AUM
18.71%
Top 10 Holdings %
Top 10 Hldgs %
64.99%
Holding
77
New
31
Increased
27
Reduced
8
Closed
11
Avg Time Held
3.3
quarters
Top 10 Avg Time Held
3.9
quarters
Top 20 Avg Time Held
4.2
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Orrstown Financial Services
ORRF
|
+$41.5M |
| 2 |
Southern California Bancorp
BCAL
|
+$13.5M |
| 3 |
FirstSun Capital Bancorp
FSUN
|
+$13.4M |
| 4 |
Choiceone Financial
COFS
|
+$10.2M |
| 5 |
Eagle Bancorp
EGBN
|
+$5.55M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Codorus Valley Bancorp Inc
CVLY
|
+$23.1M |
| 2 |
Peoples Bancorp of North Carolina
PEBK
|
+$9.93M |
| 3 |
Investar Holding Corp
ISTR
|
+$8.98M |
| 4 |
California BanCorp Common Stock
CALB
|
+$7.58M |
| 5 |
Chemung Financial Corp
CHMG
|
+$6.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 99.77% |
| 2 | Real Estate | 0.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
Parke Bancorp
PKBK
$381M
| $563K | 0.13% |
26,957
+2,844
| +12% | +$54.8K |
2024 Q2
1 quarter
|
|
52
Plumas Bancorp
PLBC
$430M
| $521K | 0.12% |
+12,771
| New | +$505K |
2024 Q3
0 quarters
|
|
53
Financial Institutions
FISI
$763M
| $518K | 0.12% |
+20,350
| New | +$486K |
2024 Q3
0 quarters
|
|
54
Hancock Whitney
HWC
$5.77B
| $517K | 0.12% |
+10,100
| New | +$514K |
2024 Q3
0 quarters
|
|
|
55
Peoples Bancorp of North Carolina
PEBK
$239M
| $512K | 0.11% |
20,174
-344,659
| -94% | -$9.93M |
2021 Q2
13 quarters
|
|
56
DELISTED
Flushing Financial
FFIC
| $510K | 0.11% |
+35,000
| New | +$492K |
2024 Q3
0 quarters
|
|
57
WesBanco
WSBC
$3.51B
| $494K | 0.11% |
+16,600
| New | +$509K |
2024 Q3
0 quarters
|
|
58
Kearny Financial
KRNY
$570M
| $481K | 0.11% |
+70,000
| New | +$462K |
2024 Q3
0 quarters
|
|
59
Civista Bancshares
CIVB
$555M
| $439K | 0.1% |
24,650
-24,463
| -50% | -$409K |
2024 Q2
1 quarter
|
|
60
Ohio Valley Banc Corp
OVBC
$217M
| $412K | 0.09% |
+16,987
| New | +$395K |
2024 Q3
0 quarters
|
|
61
First Business Financial Services
FBIZ
$586M
| $389K | 0.09% |
+8,524
| New | +$360K |
2024 Q3
0 quarters
|
|
62
CB Financial Services
CBFV
$191M
| $373K | 0.08% |
+13,329
| New | +$338K |
2024 Q3
0 quarters
|
|
63
First Guaranty Bancshares
FGBI
$133M
| $366K | 0.08% |
+34,375
| New | +$349K |
2024 Q3
0 quarters
|
|
64
OptimumBank Holdings
OPHC
$114M
| $323K | 0.07% |
+70,760
| New | +$322K |
2024 Q3
0 quarters
|
|
65
Oak Valley Bancorp
OVLY
$280M
| $295K | 0.07% |
+11,110
| New | +$289K |
2024 Q3
0 quarters
|
|
66
First Bank
FRBA
$437M
| $199K | 0.04% |
+13,087
| New | +$191K |
2024 Q3
0 quarters
|
|
67
Citizens Financial Services
CZFS
$379M
| – | – |
-13,628
| Closed | -$606K | – |
|
68
Mechanics Bancorp
MCHB
$3.17B
| – | – |
-256,505
| Closed | -$2.92M | – |
|
|
69
Investar Holding Corp
ISTR
$397M
| – | – |
-583,146
| Closed | -$8.98M | – |
|
70
Mid Penn Bancorp
MPB
$909M
| – | – |
-39,313
| Closed | -$863K | – |
|
71
DELISTED
Northfield Bancorp
NFBK
| – | – |
-54,000
| Closed | -$512K | – |
|
72
OceanFirst Financial
OCFC
$1.53B
| – | – |
-31,970
| Closed | -$508K | – |
|
73
Bank OZK
OZK
$4.9B
| – | – |
-13,339
| Closed | -$547K | – |
|
74
Provident Financial Services
PFS
$2.88B
| – | – |
-82,000
| Closed | -$1.18M | – |
|
75
Western Alliance Bancorporation
WAL
$7.9B
| – | – |
-9,100
| Closed | -$572K | – |
|
Similar funds
PBRA
CCM
ECM
POIA
GCM
MPCA
NSG
WAU
Fourthstone LLC's Q3 2024 Portfolio in Review
As of Q3 2024, Fourthstone LLC held 77 positions worth $449M, up 43% from $314M the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Fourthstone LLC deployed $84M of net new capital in Q3 2024, opening 31 new positions and adding to 27 existing holdings. Its largest new stake was FirstSun Capital Bancorp: 325,035 shares worth $13.8M.
By sector, the portfolio is most concentrated in Financials at 100% of assets, down from 100% a quarter earlier, followed by Real Estate.
On the sell side, the largest reduction was Peoples Bancorp of North Carolina, an estimated $9.93M trimmed.
- Fourthstone LLC's largest Q3 2024 buy was FirstSun Capital Bancorp: 325,035 shares worth $13.8M.
- Fourthstone LLC added most to Orrstown Financial Services in Q3 2024, an estimated $41.5M increase.
- Fourthstone LLC's biggest Q3 2024 reduction was Peoples Bancorp of North Carolina, cutting an estimated $9.93M.
- Fourthstone LLC fully exited Codorus Valley Bancorp Inc in Q3 2024, selling an estimated $23.1M.
- Fourthstone LLC's ten largest holdings make up 65% of its $449M portfolio in Q3 2024.
- Fourthstone LLC opened 31 new positions and closed 11 in Q3 2024.
- Fourthstone LLC's portfolio value rose 43% quarter-over-quarter to $449M.
Based on Fourthstone LLC's 13F filing for Q3 2024, filed 14 Nov 2024.