Fourthstone LLC Quant / Systematic

Location: St Louis, MO

CIK: 0001767803 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 13, 2020

Total Value: $119M (100.0% shares, 0.0% debt)

Holdings (44)

SHBI SHORE BANCSHARES INC 11.5%

Value $13.72M Shares 1,249,545 Est. Cost $16.11 Unrealized -37.9%

— COMMUNITY FINL CORP MD 9.8%

Value $11.71M Shares 548,648 Est. Cost $30.33 Unrealized —

— CODORUS VY BANCORP INC 7.3%

Value $8.686M Shares 663,072 Est. Cost $17.06 Unrealized —

CZWI CITIZENS CMNTY BANCORP INC M 6.4%

Value $7.664M Shares 1,112,364 Est. Cost $9.83 Unrealized -37.9%

— PACIFIC MERCANTILE BANCORP 6.4%

Value $7.608M Shares 2,045,178 Est. Cost $3.98 Unrealized —

— HMN FINL INC 5.4%

Value $6.417M Shares 483,899 Est. Cost $20.31 Unrealized —

FXNC FIRST NATL CORP 5.1%

Value $6.053M Shares 428,701 Est. Cost $14.87 Unrealized -19.7%

— SEVERN BANCORP INC ANNAPOLIS 5.0%

Value $5.948M Shares 916,508 Est. Cost $7.43 Unrealized —

— COMMUNITY BANKERS TR CORP 4.4%

Value $5.194M Shares 1,022,421 Est. Cost $5.06 Unrealized —

— SELECT BANCORP INC NEW 4.3%

Value $5.185M Shares 721,193 Est. Cost $7.90 Unrealized —

BBT BERKSHIRE HILLS BANCORP INC 4.0%

Value $4.716M Shares 466,503 Est. Cost $10.62 Unrealized -20.9%

PLBC PLUMAS BANCORP 3.7%

Value $4.439M Shares 225,549 Est. Cost $22.57 Unrealized -7.7%

CBAN COLONY BANKCORP INC 3.6%

Value $4.338M Shares 403,549 Est. Cost $12.85 Unrealized -29.8%

— HOWARD BANCORP INC 2.7%

Value $3.268M Shares 363,893 Est. Cost $10.19 Unrealized —

— FIRST FINANCIAL NORTHWEST IN 2.4%

Value $2.861M Shares 313,758 Est. Cost $9.60 Unrealized —

— FIRST BANCSHARES INC MS 2.3%

Value $2.707M Shares 129,100 Est. Cost $20.34 Unrealized —

— MALVERN BANCORP INC 1.7%

Value $2.069M Shares 175,381 Est. Cost $12.62 Unrealized —

FSBW FS BANCORP INC 1.4%

Value $1.622M Shares 39,570 Est. Cost $16.68 Unrealized 0.0%

— OLD POINT FINL CORP 1.3%

Value $1.554M Shares 102,597 Est. Cost $15.12 Unrealized —

FSFG FIRST SAVINGS FINL GROUP INC 1.3%

Value $1.516M Shares 27,897 Est. Cost $16.63 Unrealized -21.5%

HTB HOMETRUST BANCSHARES INC 1.1%

Value $1.364M Shares 100,433 Est. Cost $14.66 Unrealized -1.7%

HTBK HERITAGE COMM CORP 1.1%

Value $1.272M Shares 191,100 Est. Cost $6.89 Unrealized 0.0%

— GREAT WESTN BANCORP INC 1.1%

Value $1.261M Shares 101,299 Est. Cost $13.49 Unrealized —

HWC HANCOCK WHITNEY CORPORATION 1.0%

Value $1.166M Shares 62,000 Est. Cost $26.97 Unrealized -27.4%

— FAUQUIER BANKSHARES INC VA 0.9%

Value $1.026M Shares 67,179 Est. Cost $14.26 Unrealized —

EBMT EAGLE BANCORP MONT INC 0.6%

Value $764K Shares 43,348 Est. Cost $16.26 Unrealized -13.0%

— SOUTHERN NATL BANCORP OF VA 0.6%

Value $686K Shares 79,000 Est. Cost $8.83 Unrealized —

UBSI UNITED BANKSHARES INC WEST V 0.5%

Value $560K Shares 26,104 Est. Cost $26.04 Unrealized 0.0%

FMBH FIRST MID BANCSHARES INC 0.4%

Value $455K Shares 18,231 Est. Cost $21.81 Unrealized 0.0%

FRME FIRST MERCHANTS CORP 0.3%

Value $394K Shares 17,000 Est. Cost $20.66 Unrealized 0.0%

INBK FIRST INTERNET BANCORP 0.3%

Value $390K Shares 26,456 Est. Cost $15.25 Unrealized 0.0%

— ATLANTIC CAP BANCSHARES INC 0.3%

Value $367K Shares 32,300 Est. Cost $11.36 Unrealized —

— CADENCE BANCORPORATION 0.3%

Value $360K Shares 41,935 Est. Cost $8.83 Unrealized —

TOWN TOWNEBANK PORTSMOUTH VA 0.2%

Value $279K Shares 17,000 Est. Cost $17.78 Unrealized 0.0%

— SUMMIT FINL GROUP INC 0.2%

Value $232K Shares 15,636 Est. Cost $14.84 Unrealized —

ISTR INVESTAR HLDG CORP 0.2%

Value $229K Shares 17,895 Est. Cost $13.65 Unrealized 0.0%

CMA COMERICA INC 0.2%

Value $218K Shares 5,700 Est. Cost $26.51 Unrealized +12.2%

SFST SOUTHERN FIRST BANCSHARES IN 0.2%

Value $216K Shares 8,925 Est. Cost $25.33 Unrealized 0.0%

— BOSTON PRIVATE FINL HLDGS IN 0.2%

Value $215K Shares 39,000 Est. Cost $6.88 Unrealized —

OSBC OLD SECOND BANCORP INC ILL 0.1%

Value $150K Shares 20,000 Est. Cost $7.43 Unrealized 0.0%

FRBA FIRST BANK WILLIAMSTOWN NJ 0.1%

Value $125K Shares 20,219 Est. Cost $9.11 Unrealized -33.3%

FHN FIRST HORIZON NATL CORP 0.1%

Value $114K Shares 12,100 Est. Cost $11.70 Unrealized -34.1%

FNB F N B CORP 0.1%

Value $109K Shares 16,100 Est. Cost $6.04 Unrealized -1.1%

— MACKINAC FINL CORP 0.1%

Value $107K Shares 11,121 Est. Cost $9.62 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHBI	SHORE BANCSHARES INC	1,249,545	$13.72M	11.5%	$16.11	-37.9%	COM	825107105
—	COMMUNITY FINL CORP MD	548,648	$11.71M	9.8%	$30.33	—	COM	20368X101
—	CODORUS VY BANCORP INC	663,072	$8.686M	7.3%	$17.06	—	COM	192025104
CZWI	CITIZENS CMNTY BANCORP INC M	1,112,364	$7.664M	6.4%	$9.83	-37.9%	COM	174903104
—	PACIFIC MERCANTILE BANCORP	2,045,178	$7.608M	6.4%	$3.98	—	COM	694552100
—	HMN FINL INC	483,899	$6.417M	5.4%	$20.31	—	COM	40424G108
FXNC	FIRST NATL CORP	428,701	$6.053M	5.1%	$14.87	-19.7%	COM	32106V107
—	SEVERN BANCORP INC ANNAPOLIS	916,508	$5.948M	5.0%	$7.43	—	COM	81811M100
—	COMMUNITY BANKERS TR CORP	1,022,421	$5.194M	4.4%	$5.06	—	COM	203612106
—	SELECT BANCORP INC NEW	721,193	$5.185M	4.3%	$7.90	—	COM	81617L108
BBT	BERKSHIRE HILLS BANCORP INC	466,503	$4.716M	4.0%	$10.62	-20.9%	COM	084680107
PLBC	PLUMAS BANCORP	225,549	$4.439M	3.7%	$22.57	-7.7%	COM	729273102
CBAN	COLONY BANKCORP INC	403,549	$4.338M	3.6%	$12.85	-29.8%	COM	19623P101
—	HOWARD BANCORP INC	363,893	$3.268M	2.7%	$10.19	—	COM	442496105
—	FIRST FINANCIAL NORTHWEST IN	313,758	$2.861M	2.4%	$9.60	—	COM	32022K102
—	FIRST BANCSHARES INC MS	129,100	$2.707M	2.3%	$20.34	—	COM	318916103
—	MALVERN BANCORP INC	175,381	$2.069M	1.7%	$12.62	—	COM	561409103
FSBW	FS BANCORP INC	39,570	$1.622M	1.4%	$16.68	0.0%	COM	30263Y104
—	OLD POINT FINL CORP	102,597	$1.554M	1.3%	$15.12	—	COM	680194107
FSFG	FIRST SAVINGS FINL GROUP INC	27,897	$1.516M	1.3%	$16.63	-21.5%	COM	33621E109
HTB	HOMETRUST BANCSHARES INC	100,433	$1.364M	1.1%	$14.66	-1.7%	COM	437872104
HTBK	HERITAGE COMM CORP	191,100	$1.272M	1.1%	$6.89	0.0%	COM	426927109
—	GREAT WESTN BANCORP INC	101,299	$1.261M	1.1%	$13.49	—	COM	391416104
HWC	HANCOCK WHITNEY CORPORATION	62,000	$1.166M	1.0%	$26.97	-27.4%	COM	410120109
—	FAUQUIER BANKSHARES INC VA	67,179	$1.026M	0.9%	$14.26	—	COM	312059108
EBMT	EAGLE BANCORP MONT INC	43,348	$764K	0.6%	$16.26	-13.0%	COM	26942G100
—	SOUTHERN NATL BANCORP OF VA	79,000	$686K	0.6%	$8.83	—	COM	843395104
UBSI	UNITED BANKSHARES INC WEST V	26,104	$560K	0.5%	$26.04	0.0%	COM	909907107
FMBH	FIRST MID BANCSHARES INC	18,231	$455K	0.4%	$21.81	0.0%	COM	320866106
FRME	FIRST MERCHANTS CORP	17,000	$394K	0.3%	$20.66	0.0%	COM	320817109
INBK	FIRST INTERNET BANCORP	26,456	$390K	0.3%	$15.25	0.0%	COM	320557101
—	ATLANTIC CAP BANCSHARES INC	32,300	$367K	0.3%	$11.36	—	COM	048269203
—	CADENCE BANCORPORATION	41,935	$360K	0.3%	$8.83	—	CL A	12739A100
TOWN	TOWNEBANK PORTSMOUTH VA	17,000	$279K	0.2%	$17.78	0.0%	COM	89214P109
—	SUMMIT FINL GROUP INC	15,636	$232K	0.2%	$14.84	—	COM	86606G101
ISTR	INVESTAR HLDG CORP	17,895	$229K	0.2%	$13.65	0.0%	COM	46134L105
CMA	COMERICA INC	5,700	$218K	0.2%	$26.51	+12.2%	COM	200340107
SFST	SOUTHERN FIRST BANCSHARES IN	8,925	$216K	0.2%	$25.33	0.0%	COM	842873101
—	BOSTON PRIVATE FINL HLDGS IN	39,000	$215K	0.2%	$6.88	—	COM	101119105
OSBC	OLD SECOND BANCORP INC ILL	20,000	$150K	0.1%	$7.43	0.0%	COM	680277100
FRBA	FIRST BANK WILLIAMSTOWN NJ	20,219	$125K	0.1%	$9.11	-33.3%	COM	31931U102
FHN	FIRST HORIZON NATL CORP	12,100	$114K	0.1%	$11.70	-34.1%	COM	320517105
FNB	F N B CORP	16,100	$109K	0.1%	$6.04	-1.1%	COM	302520101
—	MACKINAC FINL CORP	11,121	$107K	0.1%	$9.62	—	COM	554571109