Fourthstone LLC Quant / Systematic

CIK: 0001767803 · Show all filings

Period: Q1 2023 (← Previous) (Next →)

Filing Date: May 15, 2023

Total Value ($000): $284,033 (100.0% shares, 0.0% debt)

Holdings (34)

— CENTRAL VY CMNTY BANCORP 8.0%

Value ($000) $22,601 Shares 1,098,212 Est. Cost $19.77 Unrealized —

SHBI SHORE BANCSHARES INC 7.7%

Value ($000) $21,741 Shares 1,522,458 Est. Cost $17.65 Unrealized -5.8%

— COMMUNITY FINL CORP MD 6.6%

Value ($000) $18,669 Shares 563,501 Est. Cost $30.59 Unrealized —

PEBK PEOPLES BANCORP N C INC 5.8%

Value ($000) $16,517 Shares 519,888 Est. Cost $28.22 Unrealized +16.2%

ISTR INVESTAR HLDG CORP 4.9%

Value ($000) $13,813 Shares 989,441 Est. Cost $20.85 Unrealized -7.6%

CHMG CHEMUNG FINL CORP 4.8%

Value ($000) $13,569 Shares 326,953 Est. Cost $42.13 Unrealized +5.1%

FCCO FIRST CMNTY CORP S C 4.6%

Value ($000) $12,969 Shares 648,431 Est. Cost $17.94 Unrealized +4.4%

FNWD FINWARD BANCORP 4.4%

Value ($000) $12,500 Shares 429,546 Est. Cost $33.00 Unrealized -1.1%

FRAF FRANKLIN FINL SVCS CORP 4.2%

Value ($000) $12,048 Shares 406,465 Est. Cost $27.16 Unrealized +7.5%

TSBK TIMBERLAND BANCORP INC 3.9%

Value ($000) $10,945 Shares 405,060 Est. Cost $25.74 Unrealized +13.3%

ATLO AMES NATL CORP 3.8%

Value ($000) $10,919 Shares 524,967 Est. Cost $19.22 Unrealized +5.7%

BRBS BLUE RIDGE BANKSHARES INC VA 3.8%

Value ($000) $10,857 Shares 1,064,442 Est. Cost $12.65 Unrealized -12.5%

FXNC FIRST NATL CORP 3.4%

Value ($000) $9,675 Shares 611,963 Est. Cost $15.79 Unrealized -0.1%

— CODORUS VY BANCORP INC 3.3%

Value ($000) $9,263 Shares 446,401 Est. Cost $18.67 Unrealized —

— EVANS BANCORP INC 3.2%

Value ($000) $9,171 Shares 273,222 Est. Cost $36.79 Unrealized —

CBAN COLONY BANKCORP INC 3.2%

Value ($000) $9,164 Shares 898,443 Est. Cost $14.03 Unrealized -22.1%

— SOUTHERN STS BANCSHARES INC 3.1%

Value ($000) $8,896 Shares 394,518 Est. Cost $20.79 Unrealized —

OVLY OAK VY BANCORP OAKDALE CALIF 2.7%

Value ($000) $7,785 Shares 329,031 Est. Cost $21.91 Unrealized +15.7%

UNTY UNITY BANCORP INC 2.7%

Value ($000) $7,643 Shares 335,091 Est. Cost $23.44 Unrealized +4.5%

VABK VIRGINIA NATL BANKSHARES COR 2.0%

Value ($000) $5,694 Shares 158,333 Est. Cost $33.70 Unrealized +11.8%

MRBK MERIDIAN CORPORATION 1.9%

Value ($000) $5,349 Shares 424,537 Est. Cost $13.14 Unrealized +2.2%

COFS CHOICEONE FINL SVCS INC 1.5%

Value ($000) $4,143 Shares 164,146 Est. Cost $19.83 Unrealized +24.7%

NWFL NORWOOD FINL CORP 1.2%

Value ($000) $3,525 Shares 119,805 Est. Cost $29.07 Unrealized +13.3%

FITB FIFTH THIRD BANCORP 1.1%

Value ($000) $3,220 Shares 120,887 Est. Cost $29.42 Unrealized 0.0%

KEY KEYCORP 1.1%

Value ($000) $3,186 Shares 254,440 Est. Cost $14.46 Unrealized -0.7%

USB US BANCORP DEL 1.1%

Value ($000) $3,151 Shares 87,396 Est. Cost $38.63 Unrealized 0.0%

CFG CITIZENS FINL GROUP INC 1.1%

Value ($000) $3,131 Shares 103,111 Est. Cost $33.97 Unrealized +1.2%

TFC TRUIST FINL CORP 1.1%

Value ($000) $3,105 Shares 91,051 Est. Cost $37.94 Unrealized -1.7%

MTB M & T BK CORP 1.1%

Value ($000) $3,079 Shares 25,752 Est. Cost $136.59 Unrealized -3.8%

CMA COMERICA INC 1.1%

Value ($000) $3,052 Shares 70,297 Est. Cost $55.68 Unrealized -1.5%

RVSB RIVERVIEW BANCORP INC 0.5%

Value ($000) $1,513 Shares 283,414 Est. Cost $6.31 Unrealized -0.7%

— CALIFORNIA BANCORP INC 0.5%

Value ($000) $1,380 Shares 70,712 Est. Cost $23.78 Unrealized —

FSFG FIRST SVGS FINL GROUP INC 0.5%

Value ($000) $1,342 Shares 83,377 Est. Cost $21.55 Unrealized -19.8%

FNWB FIRST NORTHWEST BANCORP 0.1%

Value ($000) $420 Shares 36,556 Est. Cost $14.96 Unrealized -10.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	CENTRAL VY CMNTY BANCORP	1,098,212	$22,601	8.0%	$19.77	—	COM	155685100
SHBI	SHORE BANCSHARES INC	1,522,458	$21,741	7.7%	$17.65	-5.8%	COM	825107105
—	COMMUNITY FINL CORP MD	563,501	$18,669	6.6%	$30.59	—	COM	20368X101
PEBK	PEOPLES BANCORP N C INC	519,888	$16,517	5.8%	$28.22	+16.2%	COM	710577107
ISTR	INVESTAR HLDG CORP	989,441	$13,813	4.9%	$20.85	-7.6%	COM	46134L105
CHMG	CHEMUNG FINL CORP	326,953	$13,569	4.8%	$42.13	+5.1%	COM	164024101
FCCO	FIRST CMNTY CORP S C	648,431	$12,969	4.6%	$17.94	+4.4%	COM	319835104
FNWD	FINWARD BANCORP	429,546	$12,500	4.4%	$33.00	-1.1%	COM	31812F109
FRAF	FRANKLIN FINL SVCS CORP	406,465	$12,048	4.2%	$27.16	+7.5%	COM	353525108
TSBK	TIMBERLAND BANCORP INC	405,060	$10,945	3.9%	$25.74	+13.3%	COM	887098101
ATLO	AMES NATL CORP	524,967	$10,919	3.8%	$19.22	+5.7%	COM	031001100
BRBS	BLUE RIDGE BANKSHARES INC VA	1,064,442	$10,857	3.8%	$12.65	-12.5%	COM	095825105
FXNC	FIRST NATL CORP	611,963	$9,675	3.4%	$15.79	-0.1%	COM	32106V107
—	CODORUS VY BANCORP INC	446,401	$9,263	3.3%	$18.67	—	COM	192025104
—	EVANS BANCORP INC	273,222	$9,171	3.2%	$36.79	—	COM NEW	29911Q208
CBAN	COLONY BANKCORP INC	898,443	$9,164	3.2%	$14.03	-22.1%	COM	19623P101
—	SOUTHERN STS BANCSHARES INC	394,518	$8,896	3.1%	$20.79	—	COM	843878307
OVLY	OAK VY BANCORP OAKDALE CALIF	329,031	$7,785	2.7%	$21.91	+15.7%	COM	671807105
UNTY	UNITY BANCORP INC	335,091	$7,643	2.7%	$23.44	+4.5%	COM	913290102
VABK	VIRGINIA NATL BANKSHARES COR	158,333	$5,694	2.0%	$33.70	+11.8%	COM	928031103
MRBK	MERIDIAN CORPORATION	424,537	$5,349	1.9%	$13.14	+2.2%	COM	58958P104
COFS	CHOICEONE FINL SVCS INC	164,146	$4,143	1.5%	$19.83	+24.7%	COM	170386106
NWFL	NORWOOD FINL CORP	119,805	$3,525	1.2%	$29.07	+13.3%	COM	669549107
FITB	FIFTH THIRD BANCORP	120,887	$3,220	1.1%	$29.42	0.0%	COM	316773100
KEY	KEYCORP	254,440	$3,186	1.1%	$14.46	-0.7%	COM	493267108
USB	US BANCORP DEL	87,396	$3,151	1.1%	$38.63	0.0%	COM NEW	902973304
CFG	CITIZENS FINL GROUP INC	103,111	$3,131	1.1%	$33.97	+1.2%	COM	174610105
TFC	TRUIST FINL CORP	91,051	$3,105	1.1%	$37.94	-1.7%	COM	89832Q109
MTB	M & T BK CORP	25,752	$3,079	1.1%	$136.59	-3.8%	COM	55261F104
CMA	COMERICA INC	70,297	$3,052	1.1%	$55.68	-1.5%	COM	200340107
RVSB	RIVERVIEW BANCORP INC	283,414	$1,513	0.5%	$6.31	-0.7%	COM	769397100
—	CALIFORNIA BANCORP INC	70,712	$1,380	0.5%	$23.78	—	COM	13005U101
FSFG	FIRST SVGS FINL GROUP INC	83,377	$1,342	0.5%	$21.55	-19.8%	COM	33621E109
FNWB	FIRST NORTHWEST BANCORP	36,556	$420	0.1%	$14.96	-10.6%	COM	335834107