Fourthstone LLC Quant / Systematic

Location: St Louis, MO

CIK: 0001767803 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 14, 2024

Total Value: $307M (100.0% shares, 0.0% debt)

Holdings (29)

SHBI SHORE BANCSHARES INC 11.9%

Value $36.5M Shares 3,173,506 Est. Cost $14.39 Unrealized -16.6%

— COMMUNITY WEST BANCSHARES 11.6%

Value $35.6M Shares 1,789,771 Est. Cost $19.31 Unrealized —

BCAL SOUTHERN CALIF BANCORP 7.3%

Value $22.39M Shares 1,501,808 Est. Cost $14.19 Unrealized +10.8%

— CODORUS VY BANCORP INC 6.6%

Value $20.26M Shares 890,019 Est. Cost $21.12 Unrealized —

CHMG CHEMUNG FINL CORP 6.0%

Value $18.52M Shares 436,009 Est. Cost $40.76 Unrealized +4.6%

CBAN COLONY BANKCORP INC 5.9%

Value $17.98M Shares 1,563,859 Est. Cost $12.26 Unrealized -9.8%

FNWB FIRST NORTHWEST BANCORP 4.6%

Value $14.06M Shares 898,557 Est. Cost $12.11 Unrealized +19.0%

PEBK PEOPLES BANCORP N C INC 4.4%

Value $13.5M Shares 484,819 Est. Cost $27.82 Unrealized -0.1%

ORRF ORRSTOWN FINL SVCS INC 4.3%

Value $13.15M Shares 491,132 Est. Cost $23.36 Unrealized +9.2%

ISTR INVESTAR HLDG CORP 4.2%

Value $12.83M Shares 784,257 Est. Cost $20.85 Unrealized -20.9%

FCCO FIRST CMNTY CORP S C 3.7%

Value $11.47M Shares 658,298 Est. Cost $17.69 Unrealized -4.8%

FRAF FRANKLIN FINL SVCS CORP 3.7%

Value $11.38M Shares 434,375 Est. Cost $27.63 Unrealized -4.8%

MRBK MERIDIAN CORPORATION 3.6%

Value $11.06M Shares 1,115,074 Est. Cost $11.44 Unrealized -11.0%

FXNC FIRST NATL CORP 3.3%

Value $10.09M Shares 620,651 Est. Cost $16.34 Unrealized +10.9%

CARE CARTER BANKSHARES INC 3.3%

Value $10.01M Shares 791,964 Est. Cost $13.51 Unrealized +0.8%

RVSB RIVERVIEW BANCORP INC 3.2%

Value $9.906M Shares 2,098,676 Est. Cost $5.35 Unrealized -6.8%

— HMN FINL INC 2.1%

Value $6.3M Shares 298,590 Est. Cost $21.41 Unrealized —

EBMT EAGLE BANCORP MONT INC 1.9%

Value $5.867M Shares 456,939 Est. Cost $11.64 Unrealized +9.7%

— SUMMIT FINL GROUP INC 1.9%

Value $5.827M Shares 214,537 Est. Cost $29.75 Unrealized —

FUNC FIRST UTD CORP 1.6%

Value $5.041M Shares 220,052 Est. Cost $17.36 Unrealized +20.9%

FNWD FINWARD BANCORP 1.5%

Value $4.623M Shares 187,912 Est. Cost $33.00 Unrealized -29.5%

— TERRITORIAL BANCORP INC 1.0%

Value $3.201M Shares 397,173 Est. Cost $9.55 Unrealized —

CFBK CF BANKSHARES INC 0.6%

Value $1.895M Shares 94,873 Est. Cost $16.58 Unrealized +24.3%

FRST PRIMIS FINANCIAL CORP 0.6%

Value $1.747M Shares 143,576 Est. Cost $8.32 Unrealized +38.5%

FSFG FIRST SVGS FINL GROUP INC 0.5%

Value $1.402M Shares 83,695 Est. Cost $18.43 Unrealized -12.3%

BOTJ BANK OF THE JAMES FINL GP IN 0.3%

Value $768K Shares 74,166 Est. Cost $9.56 Unrealized +14.3%

AUBN AUBURN NATL BANCORP 0.2%

Value $718K Shares 37,264 Est. Cost $19.19 Unrealized -2.7%

— HANOVER BANCORP INC 0.2%

Value $539K Shares 36,354 Est. Cost $14.82 Unrealized —

— OLD POINT FINL CORP 0.1%

Value $369K Shares 20,791 Est. Cost $18.16 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SHBI	SHORE BANCSHARES INC	3,173,506	$36.5M	11.9%	$14.39	-16.6%	COM	825107105
—	COMMUNITY WEST BANCSHARES	1,789,771	$35.6M	11.6%	$19.31	—	COM	204157101
BCAL	SOUTHERN CALIF BANCORP	1,501,808	$22.39M	7.3%	$14.19	+10.8%	COM	84252A106
—	CODORUS VY BANCORP INC	890,019	$20.26M	6.6%	$21.12	—	COM	192025104
CHMG	CHEMUNG FINL CORP	436,009	$18.52M	6.0%	$40.76	+4.6%	COM	164024101
CBAN	COLONY BANKCORP INC	1,563,859	$17.98M	5.9%	$12.26	-9.8%	COM	19623P101
FNWB	FIRST NORTHWEST BANCORP	898,557	$14.06M	4.6%	$12.11	+19.0%	COM	335834107
PEBK	PEOPLES BANCORP N C INC	484,819	$13.5M	4.4%	$27.82	-0.1%	COM	710577107
ORRF	ORRSTOWN FINL SVCS INC	491,132	$13.15M	4.3%	$23.36	+9.2%	COM	687380105
ISTR	INVESTAR HLDG CORP	784,257	$12.83M	4.2%	$20.85	-20.9%	COM	46134L105
FCCO	FIRST CMNTY CORP S C	658,298	$11.47M	3.7%	$17.69	-4.8%	COM	319835104
FRAF	FRANKLIN FINL SVCS CORP	434,375	$11.38M	3.7%	$27.63	-4.8%	COM	353525108
MRBK	MERIDIAN CORPORATION	1,115,074	$11.06M	3.6%	$11.44	-11.0%	COM	58958P104
FXNC	FIRST NATL CORP	620,651	$10.09M	3.3%	$16.34	+10.9%	COM	32106V107
CARE	CARTER BANKSHARES INC	791,964	$10.01M	3.3%	$13.51	+0.8%	COM NEW	146103106
RVSB	RIVERVIEW BANCORP INC	2,098,676	$9.906M	3.2%	$5.35	-6.8%	COM	769397100
—	HMN FINL INC	298,590	$6.3M	2.1%	$21.41	—	COM	40424G108
EBMT	EAGLE BANCORP MONT INC	456,939	$5.867M	1.9%	$11.64	+9.7%	COM	26942G100
—	SUMMIT FINL GROUP INC	214,537	$5.827M	1.9%	$29.75	—	COM	86606G101
FUNC	FIRST UTD CORP	220,052	$5.041M	1.6%	$17.36	+20.9%	COM	33741H107
FNWD	FINWARD BANCORP	187,912	$4.623M	1.5%	$33.00	-29.5%	COM	31812F109
—	TERRITORIAL BANCORP INC	397,173	$3.201M	1.0%	$9.55	—	COM	88145X108
CFBK	CF BANKSHARES INC	94,873	$1.895M	0.6%	$16.58	+24.3%	COM	12520L109
FRST	PRIMIS FINANCIAL CORP	143,576	$1.747M	0.6%	$8.32	+38.5%	COM	74167B109
FSFG	FIRST SVGS FINL GROUP INC	83,695	$1.402M	0.5%	$18.43	-12.3%	COM	33621E109
BOTJ	BANK OF THE JAMES FINL GP IN	74,166	$768K	0.3%	$9.56	+14.3%	COM	470299108
AUBN	AUBURN NATL BANCORP	37,264	$718K	0.2%	$19.19	-2.7%	COM	050473107
—	HANOVER BANCORP INC	36,354	$539K	0.2%	$14.82	—	COM NEW	410710206
—	OLD POINT FINL CORP	20,791	$369K	0.1%	$18.16	—	COM	680194107