NATIONAL BANKSHARES INC VA

Ticker: NKSH CUSIP: 634865109 Class: Common Stock

Holders for Q4 2025 Position Changes for Q4 2025

Note: Option positions (PUT/CALL) are excluded.

New Positions (4)

AdviceOne Advisory Services, LLC
Value ($000) $218 Shares 6,516
MINDSET WEALTH MANAGEMENT, LLC
Value ($000) $217 Shares 6,464
Marotta Asset Management
Value ($000) $215 Shares 6,422
MAI Capital Management
Value ($000) $0 Shares 2

Increased Positions (22)

Fourthstone LLC
Value ($000) $7,582 (+100.4%) Shares 226,138 (+76.0%)
BRANDES INVESTMENT PARTNERS, LP
Value ($000) $8,198 (+20.1%) Shares 244,505 (+5.5%)
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
Value ($000) $934 (+75.7%) Shares 27,853 (+54.3%)
BlackRock, Inc.
Value ($000) $14,724 (+15.7%) Shares 439,125 (+1.6%)
DIMENSIONAL FUND ADVISORS LP
Value ($000) $4,223 (+17.5%) Shares 125,956 (+3.2%)
VANGUARD GROUP INC
Value ($000) $11,335 (+15.1%) Shares 338,070 (+1.1%)
BARCLAYS PLC
Value ($000) $350 (+56.1%) Shares 10,425 (+39.2%)
ROYAL BANK OF CANADA
Value ($000) $144 (+251.2%) Shares 4,305 (+209.9%)
BANK OF AMERICA CORP /DE/
Value ($000) $381 (+44.9%) Shares 11,370 (+27.3%)
WELLS FARGO & COMPANY/MN
Value ($000) $401 (+33.8%) Shares 11,953 (+17.5%)
MORGAN STANLEY
Value ($000) $863 (+21.7%) Shares 25,730 (+6.8%)
STATE STREET CORP
Value ($000) $2,762 (+15.8%) Shares 82,364 (+1.7%)
State of Wyoming
Value ($000) $66 (+34.6%) Shares 1,965 (+18.2%)
Farther Finance Advisors, LLC
Value ($000) $12 (+320.1%) Shares 343 (+268.8%)
FMR LLC
Value ($000) $11 (+244.8%) Shares 339 (+202.7%)
CITIGROUP INC
Value ($000) $11 (+113.6%) Shares 317 (+87.6%)
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
Value ($000) $254 (+15.2%) Shares 7,735 (+1.8%)
COMERICA BANK
Value ($000) $14 (+26.3%) Shares 418 (+10.9%)
IFP Advisors, Inc
Value ($000) $0 (+127.1%) Shares 12 (+100.0%)
EverSource Wealth Advisors, LLC
Value ($000) $0 (+79.1%) Shares 11 (+57.1%)

Decreased Positions (21)

UBS Group AG
Value ($000) $88 (-82.8%) Shares 2,624 (-84.9%)
Bank of New York Mellon Corp
Value ($000) $624 (-12.0%) Shares 18,613 (-22.7%)
NORTHERN TRUST CORP
Value ($000) $1,510 (+5.2%) Shares 45,031 (-7.6%)
GOLDMAN SACHS GROUP INC
Value ($000) $492 (-6.0%) Shares 14,670 (-17.5%)
JPMORGAN CHASE & CO
Value ($000) $145 (-24.4%) Shares 4,312 (-33.6%)
Cerity Partners LLC
Value ($000) $240 (-10.5%) Shares 7,170 (-21.4%)
RHUMBLINE ADVISERS
Value ($000) $151 (-5.7%) Shares 4,492 (-17.2%)
CAPTRUST FINANCIAL ADVISORS
Value ($000) $860 (+10.3%) Shares 25,648 (-3.2%)
D.A. DAVIDSON & CO.
Value ($000) $333 (+6.4%) Shares 9,945 (-6.6%)
BNP PARIBAS ARBITRAGE, SA
Value ($000) $48 (-21.8%) Shares 1,419 (-31.3%)
Carnegie Capital Asset Management, LLC
Value ($000) $220 (+5.8%) Shares 6,555 (-7.1%)
AQR CAPITAL MANAGEMENT LLC
Value ($000) $225 (+11.6%) Shares 6,704 (-2.0%)
Russell Investments Group, Ltd.
Value ($000) $22 (+0.4%) Shares 645 (-11.9%)
Sterling Capital Management LLC
Value ($000) $12 (-4.9%) Shares 359 (-16.5%)
Tower Research Capital LLC (TRC)
Value ($000) $12 (+1.2%) Shares 368 (-11.1%)
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
Value ($000) $13 (+4.4%) Shares 383 (-8.4%)
GAMMA Investing LLC
Value ($000) $3 (+4.1%) Shares 85 (-8.6%)
SBI Securities Co., Ltd.
Value ($000) $0 (-76.9%) Shares 1 (-80.0%)
True Wealth Design, LLC
Value ($000) $0 (-42.4%) Shares 1 (-50.0%)
CWM, LLC
Value ($000) $0 (0.0%) Shares 304 (-14.4%)

Exited Positions (9)

Cascade Wealth Advisors, Inc
Value ($000) $200 Shares 6,679
CITADEL ADVISORS LLC
Value ($000) $749 Shares 25,445
Sanctuary Advisors, LLC
Value ($000) $203 Shares 7,606
JANE STREET GROUP, LLC
Value ($000) $209 Shares 7,088
Invesco Ltd.
Value ($000) $208 Shares 7,049
DEUTSCHE BANK AG\
Value ($000) $165 Shares 5,607
SRS Capital Advisors, Inc.
Value ($000) $3 Shares 111
Clearstead Advisors, LLC
Value ($000) $0 Shares 2
GREAT WEST LIFE ASSURANCE CO /CAN/
Value ($000) $0 Shares 473