Fourthstone LLC Quant / Systematic

Location: St Louis, MO

CIK: 0001767803 · Show all filings

Period: Q4 2020 (← Previous) (Next →)

Filing Date: Feb 12, 2021

Total Value: $158M (100.0% shares, 0.0% debt)

Holdings (37)

SHBI SHORE BANCSHARES INC 11.0%

Value $17.45M Shares 1,195,542 Est. Cost $16.11 Unrealized -20.3%

— COMMUNITY FINANCIAL CORPORATION 9.8%

Value $15.56M Shares 587,767 Est. Cost $30.08 Unrealized —

— CODORUS VALLEY BANCORP INC 8.4%

Value $13.28M Shares 782,800 Est. Cost $17.05 Unrealized —

— PACIFIC MERCANTILE BANCORP 7.7%

Value $12.13M Shares 2,360,503 Est. Cost $4.14 Unrealized —

CZWI CITIZENS COMMUNITY BANCORP I 7.1%

Value $11.23M Shares 1,031,450 Est. Cost $9.83 Unrealized -20.9%

— COMMUNITY BANKERS TRUST CORP 5.4%

Value $8.623M Shares 1,277,471 Est. Cost $5.40 Unrealized —

— HMN FINANCIAL INC 5.2%

Value $8.213M Shares 477,523 Est. Cost $20.31 Unrealized —

FXNC FIRST NATIONAL CORP/VA 5.1%

Value $8.079M Shares 478,061 Est. Cost $14.66 Unrealized -12.2%

— SEVERN BANCORP INC/MD 4.9%

Value $7.84M Shares 1,098,092 Est. Cost $7.38 Unrealized —

— HOWARD BANCORP INC 3.5%

Value $5.624M Shares 476,213 Est. Cost $10.57 Unrealized —

PLBC PLUMAS BANCORP 3.4%

Value $5.354M Shares 227,830 Est. Cost $22.56 Unrealized -0.8%

CBAN COLONY BANKCORP 3.2%

Value $5.019M Shares 342,605 Est. Cost $12.85 Unrealized -13.7%

BBT BERKSHIRE HILLS BANCORP INC 3.0%

Value $4.787M Shares 279,600 Est. Cost $10.62 Unrealized +21.3%

— SELECT BANCORP INC 2.7%

Value $4.211M Shares 444,691 Est. Cost $7.90 Unrealized —

INBK FIRST INTERNET BANCORP 2.4%

Value $3.857M Shares 134,207 Est. Cost $22.26 Unrealized +7.7%

CBNK CAPITAL BANCORP INC/MD 1.7%

Value $2.751M Shares 197,497 Est. Cost $10.95 Unrealized 0.0%

BRBS BLUE RIDGE BANKSHARES INC 1.7%

Value $2.674M Shares 150,142 Est. Cost $8.80 Unrealized 0.0%

— MALVERN BANCORP INC 1.5%

Value $2.448M Shares 157,965 Est. Cost $12.62 Unrealized —

— FIRST FINANCIAL NORTHWEST 1.5%

Value $2.408M Shares 211,270 Est. Cost $9.60 Unrealized —

FSBW FS BANCORP INC 1.5%

Value $2.302M Shares 42,000 Est. Cost $16.97 Unrealized +28.0%

— SUMMIT FINANCIAL GROUP INC 1.4%

Value $2.26M Shares 102,375 Est. Cost $20.97 Unrealized —

— OLD POINT FINANCIAL CORP 1.2%

Value $1.926M Shares 101,558 Est. Cost $15.12 Unrealized —

FSFG FIRST SAVINGS FINANCIAL GRP 1.2%

Value $1.921M Shares 29,553 Est. Cost $16.68 Unrealized +5.0%

SFST SOUTHERN FIRST BANCSHARES 0.7%

Value $1.188M Shares 33,620 Est. Cost $29.35 Unrealized +4.9%

— FAUQUIER BANKSHARES INC 0.7%

Value $1.168M Shares 67,179 Est. Cost $14.26 Unrealized —

ORRF ORRSTOWN FINL SERVICES INC 0.7%

Value $1.056M Shares 63,789 Est. Cost $12.97 Unrealized 0.0%

— PACWEST BANCORP 0.5%

Value $762K Shares 30,000 Est. Cost $25.40 Unrealized —

ISTR INVESTAR HOLDING CORP 0.5%

Value $724K Shares 43,746 Est. Cost $14.67 Unrealized +4.8%

TSBK TIMBERLAND BANCORP INC 0.4%

Value $701K Shares 28,877 Est. Cost $18.30 Unrealized 0.0%

— SOUTHERN NATL BANCORP OF VA 0.4%

Value $695K Shares 57,406 Est. Cost $8.83 Unrealized —

— SANDY SPRING BANCORP INC 0.4%

Value $564K Shares 17,516 Est. Cost $32.20 Unrealized —

— PREMIER FINANCIAL CORP 0.3%

Value $477K Shares 20,753 Est. Cost $22.98 Unrealized —

FHN FIRST HORIZON CORP 0.3%

Value $459K Shares 36,000 Est. Cost $10.41 Unrealized -6.3%

BSRR SIERRA BANCORP 0.2%

Value $358K Shares 14,987 Est. Cost $17.44 Unrealized 0.0%

— CAPSTAR FINANCIAL HOLDINGS INC 0.1%

Value $155K Shares 10,510 Est. Cost $14.75 Unrealized —

CARE CARTER BANKSHARES INC 0.1%

Value $119K Shares 11,100 Est. Cost $8.50 Unrealized 0.0%

FRBA FIRST BANK/WILLIAMSTOWN NJ 0.1%

Value $110K Shares 11,703 Est. Cost $9.11 Unrealized -13.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHBI	SHORE BANCSHARES INC	1,195,542	$17.45M	11.0%	$16.11	-20.3%	COM	825107105
—	COMMUNITY FINANCIAL CORPORATION	587,767	$15.56M	9.8%	$30.08	—	COM	20368X101
—	CODORUS VALLEY BANCORP INC	782,800	$13.28M	8.4%	$17.05	—	COM	192025104
—	PACIFIC MERCANTILE BANCORP	2,360,503	$12.13M	7.7%	$4.14	—	COM	694552100
CZWI	CITIZENS COMMUNITY BANCORP I	1,031,450	$11.23M	7.1%	$9.83	-20.9%	COM	174903104
—	COMMUNITY BANKERS TRUST CORP	1,277,471	$8.623M	5.4%	$5.40	—	COM	203612106
—	HMN FINANCIAL INC	477,523	$8.213M	5.2%	$20.31	—	COM	40424G108
FXNC	FIRST NATIONAL CORP/VA	478,061	$8.079M	5.1%	$14.66	-12.2%	COM	32106V107
—	SEVERN BANCORP INC/MD	1,098,092	$7.84M	4.9%	$7.38	—	COM	81811M100
—	HOWARD BANCORP INC	476,213	$5.624M	3.5%	$10.57	—	COM	442496105
PLBC	PLUMAS BANCORP	227,830	$5.354M	3.4%	$22.56	-0.8%	COM	729273102
CBAN	COLONY BANKCORP	342,605	$5.019M	3.2%	$12.85	-13.7%	COM	19623P101
BBT	BERKSHIRE HILLS BANCORP INC	279,600	$4.787M	3.0%	$10.62	+21.3%	COM	084680107
—	SELECT BANCORP INC	444,691	$4.211M	2.7%	$7.90	—	COM	81617L108
INBK	FIRST INTERNET BANCORP	134,207	$3.857M	2.4%	$22.26	+7.7%	COM	320557101
CBNK	CAPITAL BANCORP INC/MD	197,497	$2.751M	1.7%	$10.95	0.0%	COM	139737100
BRBS	BLUE RIDGE BANKSHARES INC	150,142	$2.674M	1.7%	$8.80	0.0%	COM	095825105
—	MALVERN BANCORP INC	157,965	$2.448M	1.5%	$12.62	—	COM	561409103
—	FIRST FINANCIAL NORTHWEST	211,270	$2.408M	1.5%	$9.60	—	COM	32022K102
FSBW	FS BANCORP INC	42,000	$2.302M	1.5%	$16.97	+28.0%	COM	30263Y104
—	SUMMIT FINANCIAL GROUP INC	102,375	$2.26M	1.4%	$20.97	—	COM	86606G101
—	OLD POINT FINANCIAL CORP	101,558	$1.926M	1.2%	$15.12	—	COM	680194107
FSFG	FIRST SAVINGS FINANCIAL GRP	29,553	$1.921M	1.2%	$16.68	+5.0%	COM	33621E109
SFST	SOUTHERN FIRST BANCSHARES	33,620	$1.188M	0.7%	$29.35	+4.9%	COM	842873101
—	FAUQUIER BANKSHARES INC	67,179	$1.168M	0.7%	$14.26	—	COM	312059108
ORRF	ORRSTOWN FINL SERVICES INC	63,789	$1.056M	0.7%	$12.97	0.0%	COM	687380105
—	PACWEST BANCORP	30,000	$762K	0.5%	$25.40	—	COM	695263103
ISTR	INVESTAR HOLDING CORP	43,746	$724K	0.5%	$14.67	+4.8%	COM	46134L105
TSBK	TIMBERLAND BANCORP INC	28,877	$701K	0.4%	$18.30	0.0%	COM	887098101
—	SOUTHERN NATL BANCORP OF VA	57,406	$695K	0.4%	$8.83	—	COM	843395104
—	SANDY SPRING BANCORP INC	17,516	$564K	0.4%	$32.20	—	COM	800363103
—	PREMIER FINANCIAL CORP	20,753	$477K	0.3%	$22.98	—	COM	74052F108
FHN	FIRST HORIZON CORP	36,000	$459K	0.3%	$10.41	-6.3%	COM	320517105
BSRR	SIERRA BANCORP	14,987	$358K	0.2%	$17.44	0.0%	COM	82620P102
—	CAPSTAR FINANCIAL HOLDINGS INC	10,510	$155K	0.1%	$14.75	—	COM	14070T102
CARE	CARTER BANKSHARES INC	11,100	$119K	0.1%	$8.50	0.0%	COM	146103106
FRBA	FIRST BANK/WILLIAMSTOWN NJ	11,703	$110K	0.1%	$9.11	-13.9%	COM	31931U102