Fourthstone LLC Quant / Systematic

Location: St Louis, MO

CIK: 0001767803 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value: $284M (100.0% shares, 0.0% debt)

Holdings (34)

— CENTRAL VY CMNTY BANCORP 8.0%

Value $22.6M Shares 1,098,212 Est. Cost $19.77 Unrealized —

SHBI SHORE BANCSHARES INC 7.7%

Value $21.74M Shares 1,522,458 Est. Cost $17.65 Unrealized -5.8%

— COMMUNITY FINL CORP MD 6.6%

Value $18.67M Shares 563,501 Est. Cost $30.59 Unrealized —

PEBK PEOPLES BANCORP N C INC 5.8%

Value $16.52M Shares 519,888 Est. Cost $28.22 Unrealized +16.2%

ISTR INVESTAR HLDG CORP 4.9%

Value $13.81M Shares 989,441 Est. Cost $20.85 Unrealized -7.6%

CHMG CHEMUNG FINL CORP 4.8%

Value $13.57M Shares 326,953 Est. Cost $42.13 Unrealized +5.1%

FCCO FIRST CMNTY CORP S C 4.6%

Value $12.97M Shares 648,431 Est. Cost $17.94 Unrealized +4.4%

FNWD FINWARD BANCORP 4.4%

Value $12.5M Shares 429,546 Est. Cost $33.00 Unrealized -1.1%

FRAF FRANKLIN FINL SVCS CORP 4.2%

Value $12.05M Shares 406,465 Est. Cost $27.16 Unrealized +7.5%

TSBK TIMBERLAND BANCORP INC 3.9%

Value $10.94M Shares 405,060 Est. Cost $25.74 Unrealized +13.3%

ATLO AMES NATL CORP 3.8%

Value $10.92M Shares 524,967 Est. Cost $19.22 Unrealized +5.7%

BRBS BLUE RIDGE BANKSHARES INC VA 3.8%

Value $10.86M Shares 1,064,442 Est. Cost $12.65 Unrealized -12.5%

FXNC FIRST NATL CORP 3.4%

Value $9.675M Shares 611,963 Est. Cost $15.79 Unrealized -0.1%

— CODORUS VY BANCORP INC 3.3%

Value $9.263M Shares 446,401 Est. Cost $18.67 Unrealized —

— EVANS BANCORP INC 3.2%

Value $9.171M Shares 273,222 Est. Cost $36.79 Unrealized —

CBAN COLONY BANKCORP INC 3.2%

Value $9.164M Shares 898,443 Est. Cost $14.03 Unrealized -22.1%

— SOUTHERN STS BANCSHARES INC 3.1%

Value $8.896M Shares 394,518 Est. Cost $20.79 Unrealized —

OVLY OAK VY BANCORP OAKDALE CALIF 2.7%

Value $7.785M Shares 329,031 Est. Cost $21.91 Unrealized +15.7%

UNTY UNITY BANCORP INC 2.7%

Value $7.643M Shares 335,091 Est. Cost $23.44 Unrealized +4.5%

VABK VIRGINIA NATL BANKSHARES COR 2.0%

Value $5.694M Shares 158,333 Est. Cost $33.70 Unrealized +11.8%

MRBK MERIDIAN CORPORATION 1.9%

Value $5.349M Shares 424,537 Est. Cost $13.14 Unrealized +2.2%

COFS CHOICEONE FINL SVCS INC 1.5%

Value $4.143M Shares 164,146 Est. Cost $19.83 Unrealized +24.7%

NWFL NORWOOD FINL CORP 1.2%

Value $3.525M Shares 119,805 Est. Cost $29.07 Unrealized +13.3%

FITB FIFTH THIRD BANCORP 1.1%

Value $3.22M Shares 120,887 Est. Cost $29.42 Unrealized 0.0%

KEY KEYCORP 1.1%

Value $3.186M Shares 254,440 Est. Cost $14.46 Unrealized -0.7%

USB US BANCORP DEL 1.1%

Value $3.151M Shares 87,396 Est. Cost $38.63 Unrealized 0.0%

CFG CITIZENS FINL GROUP INC 1.1%

Value $3.131M Shares 103,111 Est. Cost $33.97 Unrealized +1.2%

TFC TRUIST FINL CORP 1.1%

Value $3.105M Shares 91,051 Est. Cost $37.94 Unrealized -1.7%

MTB M & T BK CORP 1.1%

Value $3.079M Shares 25,752 Est. Cost $136.59 Unrealized -3.8%

CMA COMERICA INC 1.1%

Value $3.052M Shares 70,297 Est. Cost $55.68 Unrealized -1.5%

RVSB RIVERVIEW BANCORP INC 0.5%

Value $1.513M Shares 283,414 Est. Cost $6.31 Unrealized -0.7%

— CALIFORNIA BANCORP INC 0.5%

Value $1.38M Shares 70,712 Est. Cost $23.78 Unrealized —

FSFG FIRST SVGS FINL GROUP INC 0.5%

Value $1.342M Shares 83,377 Est. Cost $21.55 Unrealized -19.8%

FNWB FIRST NORTHWEST BANCORP 0.1%

Value $420K Shares 36,556 Est. Cost $14.96 Unrealized -10.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CENTRAL VY CMNTY BANCORP	1,098,212	$22.6M	8.0%	$19.77	—	COM	155685100
SHBI	SHORE BANCSHARES INC	1,522,458	$21.74M	7.7%	$17.65	-5.8%	COM	825107105
—	COMMUNITY FINL CORP MD	563,501	$18.67M	6.6%	$30.59	—	COM	20368X101
PEBK	PEOPLES BANCORP N C INC	519,888	$16.52M	5.8%	$28.22	+16.2%	COM	710577107
ISTR	INVESTAR HLDG CORP	989,441	$13.81M	4.9%	$20.85	-7.6%	COM	46134L105
CHMG	CHEMUNG FINL CORP	326,953	$13.57M	4.8%	$42.13	+5.1%	COM	164024101
FCCO	FIRST CMNTY CORP S C	648,431	$12.97M	4.6%	$17.94	+4.4%	COM	319835104
FNWD	FINWARD BANCORP	429,546	$12.5M	4.4%	$33.00	-1.1%	COM	31812F109
FRAF	FRANKLIN FINL SVCS CORP	406,465	$12.05M	4.2%	$27.16	+7.5%	COM	353525108
TSBK	TIMBERLAND BANCORP INC	405,060	$10.94M	3.9%	$25.74	+13.3%	COM	887098101
ATLO	AMES NATL CORP	524,967	$10.92M	3.8%	$19.22	+5.7%	COM	031001100
BRBS	BLUE RIDGE BANKSHARES INC VA	1,064,442	$10.86M	3.8%	$12.65	-12.5%	COM	095825105
FXNC	FIRST NATL CORP	611,963	$9.675M	3.4%	$15.79	-0.1%	COM	32106V107
—	CODORUS VY BANCORP INC	446,401	$9.263M	3.3%	$18.67	—	COM	192025104
—	EVANS BANCORP INC	273,222	$9.171M	3.2%	$36.79	—	COM NEW	29911Q208
CBAN	COLONY BANKCORP INC	898,443	$9.164M	3.2%	$14.03	-22.1%	COM	19623P101
—	SOUTHERN STS BANCSHARES INC	394,518	$8.896M	3.1%	$20.79	—	COM	843878307
OVLY	OAK VY BANCORP OAKDALE CALIF	329,031	$7.785M	2.7%	$21.91	+15.7%	COM	671807105
UNTY	UNITY BANCORP INC	335,091	$7.643M	2.7%	$23.44	+4.5%	COM	913290102
VABK	VIRGINIA NATL BANKSHARES COR	158,333	$5.694M	2.0%	$33.70	+11.8%	COM	928031103
MRBK	MERIDIAN CORPORATION	424,537	$5.349M	1.9%	$13.14	+2.2%	COM	58958P104
COFS	CHOICEONE FINL SVCS INC	164,146	$4.143M	1.5%	$19.83	+24.7%	COM	170386106
NWFL	NORWOOD FINL CORP	119,805	$3.525M	1.2%	$29.07	+13.3%	COM	669549107
FITB	FIFTH THIRD BANCORP	120,887	$3.22M	1.1%	$29.42	0.0%	COM	316773100
KEY	KEYCORP	254,440	$3.186M	1.1%	$14.46	-0.7%	COM	493267108
USB	US BANCORP DEL	87,396	$3.151M	1.1%	$38.63	0.0%	COM NEW	902973304
CFG	CITIZENS FINL GROUP INC	103,111	$3.131M	1.1%	$33.97	+1.2%	COM	174610105
TFC	TRUIST FINL CORP	91,051	$3.105M	1.1%	$37.94	-1.7%	COM	89832Q109
MTB	M & T BK CORP	25,752	$3.079M	1.1%	$136.59	-3.8%	COM	55261F104
CMA	COMERICA INC	70,297	$3.052M	1.1%	$55.68	-1.5%	COM	200340107
RVSB	RIVERVIEW BANCORP INC	283,414	$1.513M	0.5%	$6.31	-0.7%	COM	769397100
—	CALIFORNIA BANCORP INC	70,712	$1.38M	0.5%	$23.78	—	COM	13005U101
FSFG	FIRST SVGS FINL GROUP INC	83,377	$1.342M	0.5%	$21.55	-19.8%	COM	33621E109
FNWB	FIRST NORTHWEST BANCORP	36,556	$420K	0.1%	$14.96	-10.6%	COM	335834107