National Bankshares
NKSH
81 hedge funds and large institutions have $76.8M invested in National Bankshares in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 26 increasing their positions, 28 reducing their positions, and 8 closing their positions.
18% more capital invested
Capital invested by funds: $65.1M → $76.8M (+$11.7M)
1.23% more ownership
Funds ownership: 34.73% → 35.97% (+1.2%)
0% more call options, than puts
Call options by funds: $3.27M | Put options by funds: $3.27M
7% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 28
5% less funds holding
Funds holding: 85 → 81 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FL
Fourthstone LLC
St Louis,
Missouri
|
+$2.96M |
| 2 |
BIP
Brandes Investment Partners
La Jolla,
California
|
+$385K |
| 3 |
Charles Schwab
San Francisco,
California
|
+$297K |
| 4 |
BlackRock
New York
|
+$204K |
| 5 |
AAS
AdviceOne Advisory Services
Glastonbury,
Connecticut
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$749K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$447K |
| 3 |
Jane Street
New York
|
-$209K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$208K |
| 5 |
CWA
Cascade Wealth Advisors
Wenatchee,
Washington
|
-$200K |
NKSH Hedge Fund Activity: Q4 2025 in Review
81 of the 8,225 institutional investors tracked by Wall St. Rank reported a position in National Bankshares (NKSH) for Q4 2025, worth a combined $76.8M — up 18% from $65.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of NKSH and 4 opened new positions — a net loss of 4 holders — while 28 trimmed existing stakes and 26 added.
The largest buyer was Fourthstone LLC, adding an estimated $2.96M. The largest seller was Citadel Advisors, exiting entirely with an estimated $749K sold.
- 81 institutional investors held National Bankshares (NKSH) as of Q4 2025, down from 85 in Q3 2025.
- Funds reported $76.8M of National Bankshares stock for Q4 2025, up 18% quarter-over-quarter.
- 4 funds opened new National Bankshares positions in Q4 2025 and 8 closed out, a net change of -4 holders.
- The largest National Bankshares buyer in Q4 2025 was Fourthstone LLC, an estimated $2.96M added.
- The largest National Bankshares seller in Q4 2025 was Citadel Advisors, an estimated $749K sold.
Based on aggregated 13F filings for Q4 2025.