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Fourthstone LLC

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13F filer, CIK 1767803, ST LOUIS, MO

Fourthstone LLC reported $509,749,913 across 98 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 45% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001420506-25-002125

Period
2025-06-30
Reported value
$510M
Holdings
98
Top 10 weight
45%
New
32
Sold out
9

Largest buys vs the previous quarter

SecurityShares changeApprox. value
FCCOadded+368,747$8.99M
CFBKadded+344,642$8.26M
AUBadded+262,200$8.2M
FISIadded+299,574$7.69M
HNVRnew+292,273$6.69M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
ORRFreduced-499,108-$15.9M
OLD POINT FINL CORPexited-319,682-$9.57M
COFSreduced-212,691-$6.1M
EBMTreduced-354,197-$5.9M
RVSBreduced-1,071,569-$5.89M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q2 2025

Share positions as resolved from 13F-HR 0001420506-25-002125, largest first. % of portfolio is the value over $509,749,913, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
ORRFORRSTOWN FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,811,825 shares; 2024Q4: 1,531,975 shares; 2025Q1: 1,757,848 shares; 2025Q2: 1,258,740 shares 1,258,740$40.1M7.86%-499,108Timeline
BCALCALIFORNIA BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,696,523 shares; 2024Q4: 3,010,135 shares; 2025Q1: 2,409,178 shares; 2025Q2: 2,189,671 shares 2,189,671$34.5M6.77%-219,507Timeline
COFSCHOICEONE FINANCIAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 354,630 shares; 2024Q4: 476,103 shares; 2025Q1: 1,355,650 shares; 2025Q2: 1,142,959 shares 1,142,959$32.8M6.44%-212,691Timeline
CWBCCOMMUNITY WEST BANCSHARES NEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,868,778 shares; 2024Q4: 1,744,665 shares; 2025Q1: 1,795,566 shares; 2025Q2: 1,573,924 shares 1,573,924$30.7M6.02%-221,642Timeline
FISIFINANCIAL INSTITUTIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,350 shares; 2024Q4: 318,254 shares; 2025Q1: 547,087 shares; 2025Q2: 846,661 shares 846,661$21.7M4.27%+299,574Timeline
FXNCFIRST NATL CORP VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 627,467 shares; 2024Q4: 896,591 shares; 2025Q1: 864,765 shares; 2025Q2: 828,313 shares 828,313$16.1M3.16%-36,452Timeline
MRBKMERIDIAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,116,763 shares; 2024Q4: 1,110,437 shares; 2025Q1: 772,449 shares; 2025Q2: 1,084,319 shares 1,084,319$14M2.74%+311,870Timeline
FCCOFIRST CMNTY CORP S CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 400,225 shares; 2024Q4: 326,393 shares; 2025Q1: 190,438 shares; 2025Q2: 559,185 shares 559,185$13.6M2.67%+368,747Timeline
FRAFFRANKLIN FINL SVCS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 440,745 shares; 2024Q4: 441,298 shares; 2025Q1: 400,623 shares; 2025Q2: 375,872 shares 375,872$13M2.55%-24,751Timeline
BVFLBV FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 567,778 shares; 2024Q4: 592,370 shares; 2025Q1: 869,040 shares; 2025Q2: 842,560 shares 842,560$12.8M2.52%-26,480Timeline
EGBNEAGLE BANCORPORATION INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 264,471 shares; 2024Q4: 1,276,653 shares; 2025Q1: 394,201 shares; 2025Q2: 644,930 shares 644,930$12.6M2.46%+250,729Timeline
CARECARTER BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 274,481 shares; 2024Q4: 551,013 shares; 2025Q1: 443,933 shares; 2025Q2: 583,893 shares 583,893$10.1M1.99%+139,960Timeline
CFBKCF BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 76,549 shares; 2025Q2: 421,191 shares 421,191$10.1M1.98%+344,642Timeline
AUBATLANTIC UN BANKSHARES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 59,200 shares; 2025Q2: 321,400 shares 321,400$10.1M1.97%+262,200Timeline
CBANCOLONY BANKCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,516,585 shares; 2024Q4: 1,495,429 shares; 2025Q1: 682,658 shares; 2025Q2: 608,709 shares 608,709$10M1.97%-73,949Timeline
BWFGBANKWELL FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,912 shares; 2024Q4: 105,585 shares; 2025Q1: 166,563 shares; 2025Q2: 266,865 shares 266,865$9.62M1.89%+100,302Timeline
MCBMETROPOLITAN BK HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,050 shares; 2024Q4: 15,702 shares; 2025Q1: 69,769 shares; 2025Q2: 129,634 shares 129,634$9.07M1.78%+59,865Timeline
SHBISHORE BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,329,922 shares; 2024Q4: 2,968,891 shares; 2025Q1: 710,862 shares; 2025Q2: 566,926 shares 566,926$8.91M1.75%-143,936Timeline
FVCBFVCBANKCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 105,036 shares; 2024Q4: 100,702 shares; 2025Q1: 204,975 shares; 2025Q2: 734,650 shares 734,650$8.67M1.7%+529,675Timeline
EFSIEAGLE FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 271,364 shares; 2025Q2: 281,262 shares 281,262$8.61M1.69%+9,898Timeline
FNWBFIRST NORTHWEST BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 941,768 shares; 2024Q4: 928,503 shares; 2025Q1: 863,812 shares; 2025Q2: 937,390 shares 937,390$7.22M1.42%+73,578Timeline
KRNYKEARNY FINL CORP MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 70,000 shares; 2024Q4: 377,431 shares; 2025Q1: 245,850 shares; 2025Q2: 1,109,666 shares 1,109,666$7.17M1.41%+863,816Timeline
BHRBBURKE HERBERT FINL SVCS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 397,598 shares; 2024Q4: 454,526 shares; 2025Q1: 21,417 shares; 2025Q2: 113,508 shares 113,508$6.78M1.33%+92,091Timeline
HNVRHANOVER BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 292,273 shares 292,273$6.69M1.31%newTimeline
WSBCWESBANCO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,600 shares; 2024Q4: not reported; 2025Q1: 58,400 shares; 2025Q2: 208,300 shares 208,300$6.59M1.29%+149,900Timeline
MNSBMAINSTREET BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 78,116 shares; 2024Q4: 83,985 shares; 2025Q1: 33,199 shares; 2025Q2: 338,085 shares 338,085$6.39M1.25%+304,886Timeline
BMRCBANK OF MARIN BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 85,122 shares; 2024Q4: 51,200 shares; 2025Q1: 70,609 shares; 2025Q2: 276,578 shares 276,578$6.32M1.24%+205,969Timeline
FRSTPRIMIS FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 247,194 shares; 2024Q4: 898,014 shares; 2025Q1: 180,336 shares; 2025Q2: 576,260 shares 576,260$6.25M1.23%+395,924Timeline
OBTORANGE CNTY BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 240,308 shares 240,308$6.21M1.22%newTimeline
MVBFMVB FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 16,553 shares; 2025Q1: 69,133 shares; 2025Q2: 259,356 shares 259,356$5.84M1.15%+190,223Timeline
WNEBWESTERN NEW ENG BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 769,807 shares; 2024Q4: 910,788 shares; 2025Q1: 601,166 shares; 2025Q2: 540,508 shares 540,508$4.99M0.98%-60,658Timeline
SFSTSOUTHERN FIRST BANCSHARESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,897 shares; 2024Q4: not reported; 2025Q1: 66,181 shares; 2025Q2: 129,174 shares 129,174$4.91M0.96%+62,993Timeline
CNOBCONNECTONE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 57,700 shares; 2025Q1: 45,600 shares; 2025Q2: 208,060 shares 208,060$4.82M0.95%+162,460Timeline
UBFOUNITED SEC BANCSHARES CALIFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 171,540 shares; 2024Q4: 321,245 shares; 2025Q1: 323,757 shares; 2025Q2: 497,500 shares 497,500$4.3M0.84%+173,743Timeline
PKBKPARKE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,957 shares; 2024Q4: 27,057 shares; 2025Q1: 58,504 shares; 2025Q2: 200,838 shares 200,838$4.09M0.8%+142,334Timeline
INBKFIRST INTERNET BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 40,900 shares; 2025Q2: 145,141 shares 145,141$3.9M0.77%+104,241Timeline
OVLYOAK VY BANCORP OAKDALE CALIFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 11,110 shares; 2024Q4: not reported; 2025Q1: 103,708 shares; 2025Q2: 141,400 shares 141,400$3.85M0.76%+37,692Timeline
RVSBRIVERVIEW BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,786,451 shares; 2024Q4: 1,654,141 shares; 2025Q1: 1,754,499 shares; 2025Q2: 682,930 shares 682,930$3.76M0.74%-1,071,569Timeline
CZWICITIZENS CMNTY BANCORP INC MQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 107,281 shares; 2024Q4: 263,742 shares; 2025Q1: 144,551 shares; 2025Q2: 252,793 shares 252,793$3.49M0.68%+108,242Timeline
OPBKOP BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 116,006 shares; 2024Q4: not reported; 2025Q1: 115,552 shares; 2025Q2: 263,790 shares 263,790$3.43M0.67%+148,238Timeline
FFWMFIRST FNDTN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 188,145 shares; 2025Q1: 422,380 shares; 2025Q2: 670,016 shares 670,016$3.42M0.67%+247,636Timeline
BOTJBANK OF THE JAMES FINL GP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 93,119 shares; 2024Q4: 161,046 shares; 2025Q1: 177,374 shares; 2025Q2: 225,618 shares 225,618$3.17M0.62%+48,244Timeline
VLYVALLEY NATL BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 124,099 shares; 2024Q4: 110,100 shares; 2025Q1: 114,871 shares; 2025Q2: 355,200 shares 355,200$3.17M0.62%+240,329Timeline
DCOMDIME COML BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 78,800 shares; 2025Q2: 116,100 shares 116,100$3.13M0.61%+37,300Timeline
FFICFLUSHING FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 35,000 shares; 2024Q4: 35,000 shares; 2025Q1: 104,096 shares; 2025Q2: 258,075 shares 258,075$3.07M0.6%+153,979Timeline
FUNCFIRST UTD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 441,143 shares; 2024Q4: 278,788 shares; 2025Q1: not reported; 2025Q2: 95,617 shares 95,617$2.97M0.58%newTimeline
WBSWEBSTER FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 82,100 shares; 2024Q4: 10,800 shares; 2025Q1: 21,000 shares; 2025Q2: 53,200 shares 53,200$2.9M0.57%+32,200Timeline
RBBRBB BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 164,468 shares 164,468$2.83M0.56%newTimeline
EBMTEAGLE BANCORP MONT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 520,663 shares; 2024Q4: 451,237 shares; 2025Q1: 508,439 shares; 2025Q2: 154,242 shares 154,242$2.57M0.5%-354,197Timeline
LNKBLINKBANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 444,223 shares; 2024Q4: 125,525 shares; 2025Q1: 124,841 shares; 2025Q2: 327,439 shares 327,439$2.39M0.47%+202,598Timeline
NKSHNATIONAL BANKSHARES INC VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 14,559 shares; 2025Q2: 84,006 shares 84,006$2.28M0.45%+69,447Timeline
OPHCOPTIMUMBANK HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 70,760 shares; 2024Q4: 25,301 shares; 2025Q1: 346,454 shares; 2025Q2: 500,853 shares 500,853$2.24M0.44%+154,399Timeline
OCFCOCEANFIRST FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 75,547 shares; 2025Q2: 113,113 shares 113,113$1.99M0.39%+37,566Timeline
PROVPROVIDENT FINL HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 69,050 shares; 2024Q4: 90,080 shares; 2025Q1: 87,654 shares; 2025Q2: 115,210 shares 115,210$1.79M0.35%+27,556Timeline
ATLOAMES NATL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 47,971 shares; 2025Q2: 99,765 shares 99,765$1.78M0.35%+51,794Timeline
WALWESTERN ALLIANCE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 21,500 shares 21,500$1.68M0.33%newTimeline
JMSBJOHN MARSHALL BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 82,857 shares 82,857$1.54M0.3%newTimeline
FNWDFINWARD BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 137,520 shares; 2024Q4: 125,565 shares; 2025Q1: 85,420 shares; 2025Q2: 54,930 shares 54,930$1.52M0.3%-30,490Timeline
CCNECNB FINL CORP PAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 37,671 shares; 2025Q2: 60,371 shares 60,371$1.38M0.27%+22,700Timeline
EBCEASTERN BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 84,700 shares 84,700$1.29M0.25%newTimeline
BBTBEACON FINANCIAL CORP.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 155,171 shares; 2025Q1: 40,500 shares; 2025Q2: 51,000 shares 51,000$1.28M0.25%+10,500Timeline
PLBCPLUMAS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,771 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 28,723 shares 28,723$1.28M0.25%newTimeline
PBHCPATHFINDER BANCORP INC MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 79,721 shares; 2024Q4: 88,300 shares; 2025Q1: not reported; 2025Q2: 80,127 shares 80,127$1.23M0.24%newTimeline
CFFNCAPITOL FED FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 198,300 shares 198,300$1.21M0.24%newTimeline
FBLAFB BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 293,755 shares; 2025Q1: 406,515 shares; 2025Q2: 102,677 shares 102,677$1.16M0.23%-303,838Timeline
FDSBFIFTH DIST BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 102,022 shares; 2024Q4: 99,814 shares; 2025Q1: not reported; 2025Q2: 91,367 shares 91,367$1.13M0.22%newTimeline
CFGCITIZENS FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 25,100 shares 25,100$1.12M0.22%newTimeline
BUSEFIRST BUSEY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 26,000 shares; 2025Q2: 49,038 shares 49,038$1.12M0.22%+23,038Timeline
TFCTRUIST FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 12,000 shares; 2025Q1: 24,000 shares; 2025Q2: 25,100 shares 25,100$1.08M0.21%+1,100Timeline
PEBKPEOPLES BANCORP N C INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 20,174 shares; 2024Q4: 61,243 shares; 2025Q1: 16,337 shares; 2025Q2: 35,162 shares 35,162$1.01M0.2%+18,825Timeline
CBFVCB FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,329 shares; 2024Q4: not reported; 2025Q1: 26,902 shares; 2025Q2: 34,621 shares 34,621$987K0.19%+7,719Timeline
AMTBAMERANT BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 52,600 shares 52,600$959K0.19%newTimeline
MOFGMIDWESTONE FINANCIAL GROUP IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 100,100 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 31,360 shares 31,360$902K0.18%newTimeline
WSBFWATERSTONE FINL INC MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 37,511 shares; 2025Q1: 22,837 shares; 2025Q2: 63,194 shares 63,194$873K0.17%+40,357Timeline
BFSTBUSINESS FIRST BANCSHARES INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 44,800 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 34,654 shares 34,654$854K0.17%newTimeline
OSBCOLD SECOND BANCORP INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 46,000 shares 46,000$816K0.16%newTimeline
CHMGCHEMUNG FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 312,921 shares; 2024Q4: 158,652 shares; 2025Q1: not reported; 2025Q2: 16,286 shares 16,286$789K0.15%newTimeline
BSRRSIERRA BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 25,522 shares 25,522$758K0.15%newTimeline
FRBAFIRST BK WILLIAMSTOWN NEW JEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 13,087 shares; 2024Q4: 34,100 shares; 2025Q1: 29,600 shares; 2025Q2: 46,600 shares 46,600$721K0.14%+17,000Timeline
INDBINDEPENDENT BK CORP MASSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 10,000 shares 10,000$629K0.12%newTimeline
BPRNPRINCETON BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 10,054 shares; 2025Q2: 20,454 shares 20,454$625K0.12%+10,400Timeline
HTBKHERITAGE COMM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 61,100 shares 61,100$607K0.12%newTimeline
CFFIC & F FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 9,771 shares 9,771$603K0.12%newTimeline
ONBOLD NATL BANCORP INDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 28,000 shares 28,000$598K0.12%newTimeline
ISTRINVESTAR HOLDING CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 30,233 shares 30,233$584K0.11%newTimeline
MPBMID PENN BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 24,500 shares; 2025Q2: 20,531 shares 20,531$579K0.11%-3,969Timeline
PFISPEOPLES FINL SVCS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 11,512 shares 11,512$568K0.11%newTimeline
OVBCOHIO VY BANC CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,987 shares; 2024Q4: 50,132 shares; 2025Q1: not reported; 2025Q2: 16,357 shares 16,357$527K0.1%newTimeline
PFSPROVIDENT FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 30,000 shares 30,000$526K0.1%newTimeline
HBNCHORIZON BANCORP INDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 34,000 shares 34,000$523K0.1%newTimeline
NWFLNORWOOD FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 19,792 shares 19,792$510K0.1%newTimeline
CIVBCIVISTA BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 24,650 shares; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 20,225 shares 20,225$469K0.09%newTimeline
TSBKTIMBERLAND BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 12,897 shares 12,897$402K0.08%newTimeline
TCBSTEXAS COMMUNITY BANCSHARES IQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 23,470 shares 23,470$377K0.07%newTimeline
BWBBRIDGEWATER BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 211,408 shares; 2025Q1: 156,964 shares; 2025Q2: 21,084 shares 21,084$335K0.07%-135,880Timeline
VABKVIRGINIA NATL BK CHRLOTSVLEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 8,380 shares; 2025Q2: 8,874 shares 8,874$328K0.06%+494Timeline
FSUNFIRSTSUN CAP BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 325,035 shares; 2024Q4: not reported; 2025Q1: 30,000 shares; 2025Q2: 6,798 shares 6,798$236K0.05%-23,202Timeline
LCNBLCNB CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 13,269 shares 13,269$193K0.04%newTimeline

Sold out in Q2 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
OLD POINT FINL CORPOLD POINT FINL CORP319,682$9.57Mshares
FCAPFIRST CAP INC57,312$2.19Mshares
MCHBMECHANICS BANCORP113,906$1.34Mshares
PNCPNC FINL SVCS GROUP INC6,618$1.16Mshares
BRBSBLUE RIDGE BANKSHARES INC VA355,212$1.16Mshares
USBUS BANCORP24,100$1.02Mshares
RRBIRED RIVER BANCSHARES INC12,800$661Kshares
COLBCOLUMBIA BKG SYS INC21,000$524Kshares
ECBKECB BANCORP INC23,043$349Kshares

How Q2 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001420506-25-002125 base2025-08-14acceptance time not in the bulk data set