Fourthstone LLC Quant / Systematic

Location: St Louis, MO

CIK: 0001767803 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 13, 2022

Total Value: $251M (100.0% shares, 0.0% debt)

Holdings (36)

SHBI SHORE BANCSHARES INC 11.8%

Value $29.69M Shares 1,449,684 Est. Cost $17.38 Unrealized +18.1%

CBAN COLONY BANKCORP INC 10.9%

Value $27.41M Shares 1,467,988 Est. Cost $14.44 Unrealized +9.2%

— COMMUNITY FINL CORP MD 8.4%

Value $21.07M Shares 520,868 Est. Cost $30.08 Unrealized —

ISTR INVESTAR HLDG CORP 7.4%

Value $18.46M Shares 967,273 Est. Cost $20.79 Unrealized -6.9%

FVCB FVCBANKCORP INC 6.8%

Value $16.96M Shares 817,537 Est. Cost $15.68 Unrealized +4.1%

UNTY UNITY BANCORP INC 5.4%

Value $13.47M Shares 481,355 Est. Cost $22.74 Unrealized +18.1%

— CODORUS VY BANCORP INC 5.3%

Value $13.24M Shares 601,840 Est. Cost $17.29 Unrealized —

FXNC FIRST NATL CORP 4.8%

Value $12.04M Shares 573,177 Est. Cost $15.61 Unrealized +24.6%

— SOUTHERN STS BANCSHARES INC 4.5%

Value $11.29M Shares 489,395 Est. Cost $20.24 Unrealized —

ACNB ACNB CORP 3.6%

Value $9.131M Shares 261,263 Est. Cost $25.21 Unrealized +15.8%

PEBK PEOPLES BANCORP N C INC 2.9%

Value $7.227M Shares 251,828 Est. Cost $26.87 Unrealized +5.5%

ORRF ORRSTOWN FINL SVCS INC 2.8%

Value $7.114M Shares 310,237 Est. Cost $18.65 Unrealized +14.3%

BRBS BLUE RIDGE BANKSHARES INC VA 2.5%

Value $6.149M Shares 405,352 Est. Cost $11.83 Unrealized +27.3%

FCCO FIRST CMNTY CORP S C 2.4%

Value $5.952M Shares 280,735 Est. Cost $18.36 Unrealized +2.4%

FBIZ FIRST BUSINESS FINL SVCS INC 2.2%

Value $5.565M Shares 169,616 Est. Cost $23.67 Unrealized +23.0%

FRAF FRANKLIN FINL SVCS CORP 1.9%

Value $4.883M Shares 144,758 Est. Cost $25.66 Unrealized +12.6%

— SUMMIT FINL GROUP INC 1.9%

Value $4.826M Shares 188,578 Est. Cost $22.93 Unrealized —

FSFG FIRST SVGS FINL GROUP INC 1.9%

Value $4.677M Shares 190,580 Est. Cost $22.15 Unrealized +5.3%

MNSB MAINSTREET BANCSHARES INC 1.6%

Value $4.085M Shares 168,032 Est. Cost $21.02 Unrealized +9.0%

— HMN FINL INC 1.6%

Value $3.897M Shares 156,714 Est. Cost $20.31 Unrealized —

MRBK MERIDIAN CORPORATION 1.5%

Value $3.854M Shares 120,109 Est. Cost $11.88 Unrealized +26.2%

EBMT EAGLE BANCORP MONT INC 1.2%

Value $3.077M Shares 137,817 Est. Cost $19.50 Unrealized +0.3%

VABK VIRGINIA NATL BANKSHARES COR 1.0%

Value $2.477M Shares 71,798 Est. Cost $34.26 Unrealized +4.4%

FMAO FARMERS & MERCHANTS BANCORP 0.9%

Value $2.176M Shares 60,185 Est. Cost $19.41 Unrealized +49.8%

— BANK PRINCETON NEW JERSEY 0.9%

Value $2.153M Shares 74,615 Est. Cost $29.08 Unrealized —

FRST PRIMIS FINANCIAL CORP 0.7%

Value $1.876M Shares 134,203 Est. Cost $12.61 Unrealized +1.1%

MBCN MIDDLEFIELD BANC CORP 0.5%

Value $1.25M Shares 50,375 Est. Cost $21.25 Unrealized +5.3%

TCBX THIRD COAST BANCSHARES INC 0.5%

Value $1.211M Shares 52,405 Est. Cost $23.83 Unrealized 0.0%

USCB USCB FINANCIAL HOLDINGS INC 0.4%

Value $1.062M Shares 74,096 Est. Cost $13.82 Unrealized +2.0%

FNWD FINWARD BANCORP 0.4%

Value $975K Shares 21,094 Est. Cost $41.50 Unrealized +2.5%

— TERRITORIAL BANCORP INC 0.4%

Value $955K Shares 39,811 Est. Cost $24.88 Unrealized —

— MALVERN BANCORP INC 0.3%

Value $699K Shares 43,417 Est. Cost $12.62 Unrealized —

BCML BAYCOM CORP 0.3%

Value $677K Shares 31,084 Est. Cost $18.31 Unrealized +7.8%

CBNK CAPITAL BANCORP INC MD 0.2%

Value $493K Shares 21,576 Est. Cost $23.17 Unrealized 0.0%

AFBI AFFINITY BANCSHARES INC 0.2%

Value $406K Shares 25,820 Est. Cost $11.59 Unrealized +23.6%

CBFV CB FINL SVCS INC 0.2%

Value $396K Shares 16,482 Est. Cost $18.24 Unrealized +15.5%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHBI	SHORE BANCSHARES INC	1,449,684	$29.69M	11.8%	$17.38	+18.1%	COM	825107105
CBAN	COLONY BANKCORP INC	1,467,988	$27.41M	10.9%	$14.44	+9.2%	COM	19623P101
—	COMMUNITY FINL CORP MD	520,868	$21.07M	8.4%	$30.08	—	COM	20368X101
ISTR	INVESTAR HLDG CORP	967,273	$18.46M	7.4%	$20.79	-6.9%	COM	46134L105
FVCB	FVCBANKCORP INC	817,537	$16.96M	6.8%	$15.68	+4.1%	COM	36120Q101
UNTY	UNITY BANCORP INC	481,355	$13.47M	5.4%	$22.74	+18.1%	COM	913290102
—	CODORUS VY BANCORP INC	601,840	$13.24M	5.3%	$17.29	—	COM	192025104
FXNC	FIRST NATL CORP	573,177	$12.04M	4.8%	$15.61	+24.6%	COM	32106V107
—	SOUTHERN STS BANCSHARES INC	489,395	$11.29M	4.5%	$20.24	—	COM	843878307
ACNB	ACNB CORP	261,263	$9.131M	3.6%	$25.21	+15.8%	COM	000868109
PEBK	PEOPLES BANCORP N C INC	251,828	$7.227M	2.9%	$26.87	+5.5%	COM	710577107
ORRF	ORRSTOWN FINL SVCS INC	310,237	$7.114M	2.8%	$18.65	+14.3%	COM	687380105
BRBS	BLUE RIDGE BANKSHARES INC VA	405,352	$6.149M	2.5%	$11.83	+27.3%	COM	095825105
FCCO	FIRST CMNTY CORP S C	280,735	$5.952M	2.4%	$18.36	+2.4%	COM	319835104
FBIZ	FIRST BUSINESS FINL SVCS INC	169,616	$5.565M	2.2%	$23.67	+23.0%	COM	319390100
FRAF	FRANKLIN FINL SVCS CORP	144,758	$4.883M	1.9%	$25.66	+12.6%	COM	353525108
—	SUMMIT FINL GROUP INC	188,578	$4.826M	1.9%	$22.93	—	COM	86606G101
FSFG	FIRST SVGS FINL GROUP INC	190,580	$4.677M	1.9%	$22.15	+5.3%	COM	33621E109
MNSB	MAINSTREET BANCSHARES INC	168,032	$4.085M	1.6%	$21.02	+9.0%	COM	56064Y100
—	HMN FINL INC	156,714	$3.897M	1.6%	$20.31	—	COM	40424G108
MRBK	MERIDIAN CORPORATION	120,109	$3.854M	1.5%	$11.88	+26.2%	COM	58958P104
EBMT	EAGLE BANCORP MONT INC	137,817	$3.077M	1.2%	$19.50	+0.3%	COM	26942G100
VABK	VIRGINIA NATL BANKSHARES COR	71,798	$2.477M	1.0%	$34.26	+4.4%	COM	928031103
FMAO	FARMERS & MERCHANTS BANCORP	60,185	$2.176M	0.9%	$19.41	+49.8%	COM	30779N105
—	BANK PRINCETON NEW JERSEY	74,615	$2.153M	0.9%	$29.08	—	COM	064520109
FRST	PRIMIS FINANCIAL CORP	134,203	$1.876M	0.7%	$12.61	+1.1%	COM	74167B109
MBCN	MIDDLEFIELD BANC CORP	50,375	$1.25M	0.5%	$21.25	+5.3%	COM NEW	596304204
TCBX	THIRD COAST BANCSHARES INC	52,405	$1.211M	0.5%	$23.83	0.0%	COM	88422P109
USCB	USCB FINANCIAL HOLDINGS INC	74,096	$1.062M	0.4%	$13.82	+2.0%	CLASS A COM	90355N101
FNWD	FINWARD BANCORP	21,094	$975K	0.4%	$41.50	+2.5%	COM	31812F109
—	TERRITORIAL BANCORP INC	39,811	$955K	0.4%	$24.88	—	COM	88145X108
—	MALVERN BANCORP INC	43,417	$699K	0.3%	$12.62	—	COM	561409103
BCML	BAYCOM CORP	31,084	$677K	0.3%	$18.31	+7.8%	COM	07272M107
CBNK	CAPITAL BANCORP INC MD	21,576	$493K	0.2%	$23.17	0.0%	COM	139737100
AFBI	AFFINITY BANCSHARES INC	25,820	$406K	0.2%	$11.59	+23.6%	COM	00832E103
CBFV	CB FINL SVCS INC	16,482	$396K	0.2%	$18.24	+15.5%	COM	12479G101