1y return+39.8%S&P 500 +20.9%
3y return+85.7%S&P 500 +68.5%
5y return+45.2%S&P 500 +74.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since December 31, 2019: $169 against $232 in the S&P 500.2
Fourthstone LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| AVBHAvidbank Hldgs Inc | $23.1M | 16.5% | −33.0% |
| FNRNFirst Northn Cmnty Bancorp | $20.6M | 14.7% | New |
| EFSIEagle Finl Svcs Inc | $11.9M | 8.5% | −46.0% |
| MRBKMeridian Corp | $10.8M | 7.7% | −54.2% |
| FNWBFirst Northwest Bancorp | $10.0M | 7.1% | |
| ISTRInvestar Holding Corp | $9.7M | 6.9% | −61.0% |
| BOTJBank Of The James Finl Gp In | $8.6M | 6.1% | −13.2% |
| PROVProvident Finl Hldgs Inc | $6.4M | 4.6% | +1.2% |
| BHRBBurke Herbert Finl Svcs Corp | $6.1M | 4.4% | −65.8% |
| COSOCoastalsouth Bancshares Inc | $6.1M | 4.3% | −79.5% |
| CFBKCf Bankshares Inc | $5.3M | 3.7% | −75.0% |
| FCBMFirst Carolina Finl Svcs Inc | $5.0M | 3.6% | New |
| HNVRHanover Bancorp Inc | $3.4M | 2.4% | −72.4% |
| CBANColony Bankcorp Inc | $3.3M | 2.4% | −91.9% |
| WSBFWaterstone Finl Inc Md | $2.1M | 1.5% | −66.0% |
| BPRNPrinceton Bancorp Inc | $2.0M | 1.4% | +25.3% |
| MNSBMainstreet Bancshares Inc | $1.2M | 0.8% | −87.7% |
| BCBPBcb Bancorp Inc | $1.1M | 0.8% | New |
| RVSBRiverview Bancorp Inc | $918K | 0.7% | New |
| FNWDFinward Bancorp | $771K | 0.5% | New |
| ATLOAmes Natl Corp | $543K | 0.4% | −97.5% |
| AUBNAuburn Natl Bancorp | $481K | 0.3% | New |
| TCBSTexas Community Bancshares I | $370K | 0.3% | |
| VABKVirginia Natl Bk Chrlotsvle | $327K | 0.2% | −12.6% |
| CBFVCb Finl Svcs Inc | $311K | 0.2% | −21.1% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| BOTJBank Of The James Finl Gp In | June 30, 2023 | +180.4% | $8.6M |
| CBANColony Bankcorp Inc | June 30, 2020 | +70.7% | $3.3M |
| ATLOAmes Natl Corp | March 31, 2025 | +69.0% | $543K |
| ISTRInvestar Holding Corp | June 30, 2025 | +55.1% | $9.7M |
| WSBFWaterstone Finl Inc Md | December 31, 2024 | +54.2% | $2.1M |
| MRBKMeridian Corp | June 30, 2021 | +52.6% | $10.8M |
| CFBKCf Bankshares Inc | March 31, 2025 | +48.7% | $5.3M |
| BHRBBurke Herbert Finl Svcs Corp | June 30, 2024 | +41.0% | $6.1M |
| MNSBMainstreet Bancshares Inc | September 30, 2024 | +33.8% | $1.2M |
| CBFVCb Finl Svcs Inc | March 31, 2025 | +33.2% | $311K |
Sold off last quarter
- CARECarter Bankshares Inc was $35.0M
- CWBCCommunity West Bancshares Ne was $31.7M
- FXNCFirst Natl Corp Va was $20.8M
- PKBKParke Bancorp Inc was $19.9M
- FVCBFvcbankcorp Inc was $19.4M
- FCCOFirst Cmnty Corp S C was $17.4M
- LNKBLinkbancorp Inc was $14.9M
- OVLYOak Vy Bancorp Oakdale Calif was $13.3M
- MPBMid Penn Bancorp Inc was $11.8M
- EBMTEagle Bancorp Mont Inc was $11.4M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.9% | +14.8% |
| March 31, 2026 | +5.7% | −4.6% |
| December 31, 2025 | +7.4% | +2.4% |
| September 30, 2025 | +8.2% | +7.8% |
| June 30, 2025 | +2.8% | +10.5% |
| March 31, 2025 | −8.2% | −4.6% |
| December 31, 2024 | +6.9% | +2.1% |
| September 30, 2024 | +16.4% | +5.4% |
| June 30, 2024 | −0.6% | +4.0% |
| March 31, 2024 | −10.7% | +10.0% |
| December 31, 2023 | +28.7% | +11.2% |
| September 30, 2023 | −1.0% | −3.6% |
| June 30, 2023 | −14.0% | +8.3% |
| March 31, 2023 | −16.4% | +7.0% |
| December 31, 2022 | +9.1% | +7.1% |
| September 30, 2022 | −5.6% | −5.3% |
| June 30, 2022 | −6.3% | −16.5% |
| March 31, 2022 | +1.7% | −4.9% |
| December 31, 2021 | +4.6% | +10.7% |
| September 30, 2021 | +6.0% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Fourthstone LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1767803&type=13F-HR&dateb=&owner=include&count=40CIK 1767803
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1767803/000142050626001818/Filed August 14, 2026 · accession 0001420506-26-001818