Fourthstone is an investment fund managing more than $314 billion ran by Robin Anderson. There are currently 46 companies in Mr. Anderson’s portfolio. The largest investments include Shore Bancshares and Community West Bancshares Ne, together worth $69.3 billion.
As of 7th August 2024, Fourthstone’s top holding is 3,275,243 shares of Shore Bancshares currently worth over $37.5 billion and making up 11.9% of the portfolio value.
Relative to the number of outstanding shares of Shore Bancshares, Fourthstone owns less than approximately 0.1% of the company.
In addition, the fund holds 1,719,272 shares of Community West Bancshares Ne worth $31.8 billion.
The third-largest holding is Southern Calif Bancorp worth $23.9 billion and the next is Codorus Vy Bancorp Inc worth $23.1 billion, with 961,275 shares owned.
Currently, Fourthstone's portfolio is worth at least $314 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Fourthstone office and employees reside in St Louis, Missouri. According to the last 13-F report filed with the SEC, Robin Anderson serves as the Chief Compliance Officer at Fourthstone.
In the most recent 13F filing, Fourthstone revealed that it had opened a new position in
Community West Bancshares Ne and bought 1,719,272 shares worth $31.8 billion.
The investment fund also strengthened its position in Shore Bancshares by buying
1,527,216 additional shares.
This makes their stake in Shore Bancshares total 3,275,243 shares worth $37.5 billion.
Shore Bancshares soared 12.3% in the past year.
On the other hand, there are companies that Fourthstone is getting rid of from its portfolio.
Fourthstone closed its position in Community Finl Corp Md on 14th August 2024.
It sold the previously owned 561,587 shares for $22.4 billion.
Robin Anderson also disclosed a decreased stake in Peoples Bancorp N C Inc by 0.1%.
This leaves the value of the investment at $10.7 billion and 364,833 shares.
The two most similar investment funds to Fourthstone are Walter & Keenan Wealth Management in adv and Rdst Capital. They manage $314 billion and $314 billion respectively.
Fourthstone’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Finance — making up 32.0% of
the total portfolio value.
The fund focuses on investments in the United States as
28.3% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $523 million.
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Shore Bancshares Inc. |
87.37%
3,275,243
|
$37,501,532,000 | 11.94% |
| Community West Bancshares Ne |
Opened
1,719,272
|
$31,806,532,000 | 10.13% |
| Southern Calif Bancorp |
Opened
1,770,619
|
$23,850,238,000 | 7.59% |
| Codorus Vy Bancorp Inc |
38.61%
961,275
|
$23,109,051,000 | 7.36% |
| Community Finl Corp Md |
Closed
561,587
|
$22,403,481,000 | |
| Chemung Finl Corp |
112.64%
446,445
|
$21,429,360,000 | 6.82% |
| Colony Bankcorp, Inc. |
76.67%
1,712,547
|
$20,978,701,000 | 6.68% |
| FVCBankcorp Inc |
Closed
917,574
|
$17,497,909,000 | |
| Southern Sts Bancshares Inc |
Closed
599,850
|
$17,356,945,000 | |
| Ames Natl Corp |
Closed
719,162
|
$16,979,415,000 | |
| Evans Bancorp Inc |
Closed
424,507
|
$15,872,317,000 | |
| Burke Herbert Finl Svcs Corp |
Opened
307,447
|
$15,673,648,000 | 4.99% |
| Orrstown Finl Svcs Inc |
Opened
559,469
|
$15,307,072,000 | 4.87% |
| Timberland Bancorp, Inc. |
Closed
447,806
|
$15,279,467,000 | |
| Unity Bancorp, Inc. |
Closed
475,564
|
$12,996,924,000 | |
| Franklin Finl Svcs Corp |
40.28%
439,238
|
$12,421,651,000 | 3.96% |
| Central Vy Cmnty Bancorp |
Closed
565,838
|
$11,984,441,000 | |
| Meridian Corp |
605.95%
1,119,023
|
$11,772,122,000 | 3.75% |
| Peoples Bancorp N C Inc |
12.94%
364,833
|
$10,653,124,000 | 3.39% |
| FS Bancorp Inc |
Closed
315,430
|
$10,547,979,000 | |
| First Natl Corp |
0.23%
625,653
|
$9,503,669,000 | 3.03% |
| First Northwest Bancorp |
497.97%
938,529
|
$9,094,346,000 | 2.90% |
| Investar Hldg Corp |
40.73%
583,146
|
$8,980,448,000 | 2.86% |
| Northrim Bancorp, Inc. |
Closed
157,284
|
$8,582,988,000 | |
| California BanCorp |
38.65%
352,690
|
$7,582,835,000 | 2.41% |
| Norwood Finl Corp |
Closed
217,763
|
$7,281,995,000 | |
| First Utd Corp |
Opened
339,228
|
$6,927,036,000 | 2.21% |
| Riverview Bancorp, Inc. |
2,602.34%
1,726,256
|
$6,887,761,000 | 2.19% |
| Eagle Bancorp Mont Inc |
1,172.22%
514,765
|
$6,830,932,000 | 2.17% |
| Virginia Natl Bankshares Cor |
Closed
169,129
|
$6,199,559,000 | |
| Choiceone Finl Svcs Inc |
Closed
191,459
|
$5,552,311,000 | |
| First Cmnty Corp S C |
42.46%
310,573
|
$5,357,384,000 | 1.71% |
| Oak Vy Bancorp Oakdale Calif |
Closed
197,783
|
$4,479,785,000 | |
| Finward Bancorp |
52.83%
178,999
|
$4,389,055,000 | 1.40% |
| MainStreet Bancshares Inc |
Closed
153,174
|
$4,208,373,000 | |
| Middlefield Banc Corp. |
Closed
107,399
|
$2,942,733,000 | |
| HomeStreet Inc |
Opened
256,505
|
$2,924,157,000 | 0.93% |
| Bv Finl Inc |
Opened
217,453
|
$2,589,865,000 | 0.82% |
| Bank Marin Bancorp |
Opened
103,928
|
$1,682,594,000 | 0.54% |
| First Svgs Finl Group Inc |
51.59%
80,642
|
$1,434,621,000 | 0.46% |
| Hmn Finl Inc |
Closed
64,804
|
$1,382,663,000 | |
| Carter Bankshares Inc |
Opened
89,916
|
$1,359,530,000 | 0.43% |
| Provident Finl Svcs Inc |
Opened
82,000
|
$1,176,700,000 | 0.37% |
| M & T Bk Corp |
Closed
8,100
|
$1,174,986,000 | |
| Western New Eng Bancorp Inc |
53.12%
162,910
|
$1,120,821,000 | 0.36% |
| Bank Princeton New Jersey |
Closed
32,731
|
$1,038,227,000 | |
| Comerica, Inc. |
Closed
15,100
|
$1,009,435,000 | |
| Zions Bancorporation N.A |
Closed
20,208
|
$993,425,000 | |
| Keycorp |
Closed
50,100
|
$872,742,000 | |
| Truist Finl Corp |
Closed
20,100
|
$864,903,000 | |
| Mid Penn Bancorp, Inc. |
Opened
39,313
|
$862,920,000 | 0.27% |
| Wells Fargo Co New |
Closed
20,110
|
$830,342,000 | |
| Old Point Finl Corp |
Opened
56,321
|
$826,229,000 | 0.26% |
| Bank Of The James Finl Gp In |
Opened
72,928
|
$821,169,000 | 0.26% |
| Linkbancorp Inc |
Opened
132,952
|
$813,666,000 | 0.26% |
| FNCB Bancorp Inc |
Closed
96,655
|
$793,538,000 | |
| Citizens Finl Group Inc |
Closed
20,100
|
$791,337,000 | |
| Civista Bancshares Inc |
Opened
49,113
|
$760,760,000 | 0.24% |
| Primis Financial Corp |
2.75%
66,539
|
$697,329,000 | 0.22% |
| Blue Ridge Bankshares Inc Va |
74.77%
260,477
|
$679,845,000 | 0.22% |
| Pathfinder Bancorp Inc Md |
Opened
47,117
|
$621,473,000 | 0.20% |
| Citizens Finl Svcs Inc |
75.65%
13,493
|
$606,375,000 | 0.19% |
| Western Alliance Bancorp |
Opened
9,100
|
$571,662,000 | 0.18% |
| Midwestone Finl Group Inc Ne |
Opened
25,100
|
$564,499,000 | 0.18% |
| Columbia Bkg Sys Inc |
Opened
28,100
|
$558,909,000 | 0.18% |
| Bank Ozk Little Rock Ark |
Opened
13,339
|
$546,899,000 | 0.17% |
| Webster Finl Corp |
Opened
12,268
|
$534,762,000 | 0.17% |
| Capital Bancorp Inc Md |
Opened
25,193
|
$516,457,000 | 0.16% |
| Northfield Bancorp Inc |
Opened
54,000
|
$511,920,000 | 0.16% |
| Oceanfirst Finl Corp |
Opened
31,970
|
$508,003,000 | 0.16% |
| Parke Bancorp Inc |
Opened
24,113
|
$419,566,000 | 0.13% |
| United Sec Bancshares Calif |
Opened
41,389
|
$300,070,000 | 0.10% |
| Ponce Financial Group Inc |
Closed
23,330
|
$217,436,000 | |
| Sierra Bancorp |
Closed
10,000
|
$213,000,000 | |
| No transactions found | |||
| Showing first 500 out of 74 holdings | |||