FOURTHSTONE LLC Holdings

FOURTHSTONE LLC is an investment fund managing more than 311.47M US dollars. The largest holdings include Shore Bancshares, FVCBankcorp and Investar Holding. In Q3 2022 the fund bought assets of total value of 75.6M US dollars and sold assets of total value of 15.07M US dollars.

$311.47M

portfolio value

-5.65%

quarter

-5.64%

1 year

FOURTHSTONE LLC portfolio changes

Portfolio changes (number of shares)
Period	Buy	Sel
Q1 2020	17161000	16615000
Q2 2020	44547000	33048000
Q3 2020	21674000	22251000
Q4 2020	41592000	2588000
Q1 2021	47253000	3655000
Q2 2021	76056000	39980000
Q3 2021	57136000	40426000
Q4 2021	54728000	24882000
Q1 2022	40153000	54857000
Q2 2022	45062000	44982000
Q3 2022	75595000	15069000

FOURTHSTONE LLC 13F holdings

Stock	Position type	Portfolio share	Portfolio value	Avg. open price	Current price	P/L	Last change
Banks—Regional Shore Bancshares, Inc. Portfolio share: 9.16% Portfolio value: 28.53M Avg. open price: $17.55 Current price: $19.69 P/L: +12.21% Bought +11.98% shares Q3 2022	share	9.16%	28.53M	$17.55	$19.69	+12.21%	Bought +11.98% shares Q3 2022
Banks—Regional FVCBankcorp, Inc. Portfolio share: 6.47% Portfolio value: 20.14M Avg. open price: $18.9 Current price: $19.7 P/L: +4.25% Bought +36.03% shares Q3 2022	share	6.47%	20.14M	$18.9	$19.7	+4.25%	Bought +36.03% shares Q3 2022
Banks—Regional Investar Holding Corporation Portfolio share: 6.38% Portfolio value: 19.86M Avg. open price: $20.11 Current price: $21.56 P/L: +7.24% Bought +5.78% shares Q3 2022	share	6.38%	19.86M	$20.11	$21.56	+7.24%	Bought +5.78% shares Q3 2022
Banks—Regional The Community Financial Corporation Portfolio share: 6.20% Portfolio value: 19.31M Avg. open price: $29.51 Current price: $39.2 P/L: +32.82% Bought +0.02% shares Q3 2022	share	6.20%	19.31M	$29.51	$39.2	+32.82%	Bought +0.02% shares Q3 2022
Banks—Regional Colony Bankcorp, Inc. Portfolio share: 6.01% Portfolio value: 18.71M Avg. open price: $16.12 Current price: $13.49 P/L: -16.31% Bought +30.17% shares Q3 2022	share	6.01%	18.71M	$16.12	$13.49	-16.31%	Bought +30.17% shares Q3 2022
Banks—Regional Codorus Valley Bancorp, Inc. Portfolio share: 5.75% Portfolio value: 17.91M Avg. open price: $17.62 Current price: $22.94 P/L: +30.18% Bought +17.09% shares Q3 2022	share	5.75%	17.91M	$17.62	$22.94	+30.18%	Bought +17.09% shares Q3 2022
Banks—Regional Southern States Bancshares, Inc. Portfolio share: 5.33% Portfolio value: 16.59M Avg. open price: $20.76 Current price: $29.25 P/L: +40.87% Sold -5.86% shares Q3 2022	share	5.33%	16.59M	$20.76	$29.25	+40.87%	Sold -5.86% shares Q3 2022
Banks—Regional Unity Bancorp, Inc. Portfolio share: 4.52% Portfolio value: 14.07M Avg. open price: $24.29 Current price: $28.07 P/L: +15.56% Bought +27.33% shares Q3 2022	share	4.52%	14.07M	$24.29	$28.07	+15.56%	Bought +27.33% shares Q3 2022
Banks—Regional Blue Ridge Bankshares, Inc. Portfolio share: 4.07% Portfolio value: 12.68M Avg. open price: $13.34 Current price: $12.68 P/L: -4.97% Bought +42.70% shares Q3 2022	share	4.07%	12.68M	$13.34	$12.68	-4.97%	Bought +42.70% shares Q3 2022
Banks—Regional First National Corporation Portfolio share: 3.06% Portfolio value: 9.53M Avg. open price: $17.59 Current price: $18.25 P/L: +3.73% Bought +0.18% shares Q3 2022	share	3.06%	9.53M	$17.59	$18.25	+3.73%	Bought +0.18% shares Q3 2022
Banks—Regional Evans Bancorp, Inc. Portfolio share: 2.97% Portfolio value: 9.25M Avg. open price: $33.99 Current price: $37.68 P/L: +10.86% Bought +895.27% shares Q3 2022	share	2.97%	9.25M	$33.99	$37.68	+10.86%	Bought +895.27% shares Q3 2022
Banks—Regional Franklin Financial Services Corporation Portfolio share: 2.77% Portfolio value: 8.61M Avg. open price: $32.09 Current price: $30.87 P/L: -3.81% Bought +7.98% shares Q3 2022	share	2.77%	8.61M	$32.09	$30.87	-3.81%	Bought +7.98% shares Q3 2022
Banks—Regional Peoples Bancorp of North Carolina, Inc. Portfolio share: 2.73% Portfolio value: 8.51M Avg. open price: $27 Current price: $30.47 P/L: +12.84% Bought +15.53% shares Q3 2022	share	2.73%	8.51M	$27	$30.47	+12.84%	Bought +15.53% shares Q3 2022
Banks—Regional First Community Corporation Portfolio share: 2.42% Portfolio value: 7.52M Avg. open price: $19.92 Current price: $20.17 P/L: +1.24% Bought +37.02% shares Q3 2022	share	2.42%	7.52M	$19.92	$20.17	+1.24%	Bought +37.02% shares Q3 2022
Banks—Regional Sierra Bancorp Portfolio share: 2.26% Portfolio value: 7.02M Avg. open price: $21.73 Current price: $21.83 P/L: +0.46% Bought +339.32% shares Q3 2022	share	2.26%	7.02M	$21.73	$21.83	+0.46%	Bought +339.32% shares Q3 2022
Banks—Regional Ames National Corporation Portfolio share: 2.22% Portfolio value: 6.90M Avg. open price: N/A Current price: $23.05 P/L: N/A N/A Q3 2022	share	2.22%	6.90M	N/A	$23.05	N/A	N/A Q3 2022
Banks—Regional OceanFirst Financial Corp. Portfolio share: 2.14% Portfolio value: 6.65M Avg. open price: $19.13 Current price: $22.81 P/L: +19.24% Bought +40.23% shares Q3 2022	share	2.14%	6.65M	$19.13	$22.81	+19.24%	Bought +40.23% shares Q3 2022
Banks—Regional Timberland Bancorp, Inc. Portfolio share: 2.08% Portfolio value: 6.48M Avg. open price: $25.94 Current price: $34.6 P/L: +33.39% Bought +307.78% shares Q3 2022	share	2.08%	6.48M	$25.94	$34.6	+33.39%	Bought +307.78% shares Q3 2022
Banks—Regional Primis Financial Corp. Portfolio share: 1.86% Portfolio value: 5.78M Avg. open price: $14.31 Current price: $12.12 P/L: -15.32% Bought +32.58% shares Q3 2022	share	1.86%	5.78M	$14.31	$12.12	-15.32%	Bought +32.58% shares Q3 2022
Banks—Regional Central Valley Community Bancorp Portfolio share: 1.84% Portfolio value: 5.72M Avg. open price: $14.5 Current price: $20.56 P/L: +41.79% Bought +878.39% shares Q3 2022	share	1.84%	5.72M	$14.5	$20.56	+41.79%	Bought +878.39% shares Q3 2022
Banks—Regional Finward Bancorp Portfolio share: 1.83% Portfolio value: 5.68M Avg. open price: $42.55 Current price: $33.25 P/L: -21.85% Bought +61.42% shares Q3 2022	share	1.83%	5.68M	$42.55	$33.25	-21.85%	Bought +61.42% shares Q3 2022
Banks—Regional Middlefield Banc Corp. Portfolio share: 1.80% Portfolio value: 5.59M Avg. open price: $24.99 Current price: $28.49 P/L: +14.00% Bought +143.97% shares Q3 2022	share	1.80%	5.59M	$24.99	$28.49	+14.00%	Bought +143.97% shares Q3 2022
Banks—Regional FS Bancorp, Inc. Portfolio share: 1.57% Portfolio value: 4.89M Avg. open price: $28.3 Current price: $33.97 P/L: +20.06% Bought +115.77% shares Q3 2022	share	1.57%	4.89M	$28.3	$33.97	+20.06%	Bought +115.77% shares Q3 2022
Banks—Regional HMN Financial, Inc. Portfolio share: 1.30% Portfolio value: 4.03M Avg. open price: $18.21 Current price: $22.82 P/L: +25.33% Bought +22.01% shares Q3 2022	share	1.30%	4.03M	$18.21	$22.82	+25.33%	Bought +22.01% shares Q3 2022
Banks—Regional Meridian Corporation Portfolio share: 1.11% Portfolio value: 3.45M Avg. open price: $29.63 Current price: $33.5 P/L: +13.05% Sold -26.45% shares Q3 2022	share	1.11%	3.45M	$29.63	$33.5	+13.05%	Sold -26.45% shares Q3 2022
Banks—Regional Virginia National Bankshares Corporation Portfolio share: 1.08% Portfolio value: 3.35M Avg. open price: $34.65 Current price: $34.96 P/L: +0.90% Sold -46.40% shares Q3 2022	share	1.08%	3.35M	$34.65	$34.96	+0.90%	Sold -46.40% shares Q3 2022
Banks—Regional Northrim BanCorp, Inc. Portfolio share: 0.89% Portfolio value: 2.78M Avg. open price: N/A Current price: $55.18 P/L: N/A N/A Q3 2022	share	0.89%	2.78M	N/A	$55.18	N/A	N/A Q3 2022
Banks—Regional Summit Financial Group, Inc. Portfolio share: 0.88% Portfolio value: 2.73M Avg. open price: $19.96 Current price: $27.65 P/L: +38.52% Sold -31.34% shares Q3 2022	share	0.88%	2.73M	$19.96	$27.65	+38.52%	Sold -31.34% shares Q3 2022
Banks—Regional First Savings Financial Group, Inc. Portfolio share: 0.86% Portfolio value: 2.69M Avg. open price: $23.11 Current price: $22.5 P/L: -2.63% Sold -48.52% shares Q3 2022	share	0.86%	2.69M	$23.11	$22.5	-2.63%	Sold -48.52% shares Q3 2022
Banks—Regional MainStreet Bancshares, Inc. Portfolio share: 0.80% Portfolio value: 2.50M Avg. open price: $23.3 Current price: $28.23 P/L: +21.16% Bought +647.95% shares Q3 2022	share	0.80%	2.50M	$23.3	$28.23	+21.16%	Bought +647.95% shares Q3 2022
Banks—Regional National Bankshares, Inc. Portfolio share: 0.78% Portfolio value: 2.42M Avg. open price: N/A Current price: $38.29 P/L: N/A N/A Q3 2022	share	0.78%	2.42M	N/A	$38.29	N/A	N/A Q3 2022
Banks—Regional HomeTrust Bancshares, Inc. Portfolio share: 0.68% Portfolio value: 2.12M Avg. open price: $20.69 Current price: $24.92 P/L: +20.44% Bought +283.98% shares Q3 2022	share	0.68%	2.12M	$20.69	$24.92	+20.44%	Bought +283.98% shares Q3 2022
Banks—Regional Territorial Bancorp Inc. Portfolio share: 0.62% Portfolio value: 1.91M Avg. open price: $23.07 Current price: $22.57 P/L: -2.16% Bought +35.19% shares Q3 2022	share	0.62%	1.91M	$23.07	$22.57	-2.16%	Bought +35.19% shares Q3 2022
Banks—Regional ChoiceOne Financial Services, Inc. Portfolio share: 0.52% Portfolio value: 1.63M Avg. open price: N/A Current price: $24.1 P/L: N/A N/A Q3 2022	share	0.52%	1.63M	N/A	$24.1	N/A	N/A Q3 2022
Banks—Regional Eagle Bancorp Montana, Inc. Portfolio share: 0.52% Portfolio value: 1.61M Avg. open price: $22.85 Current price: $17.35 P/L: -24.07% Sold -48.96% shares Q3 2022	share	0.52%	1.61M	$22.85	$17.35	-24.07%	Sold -48.96% shares Q3 2022
Banks—Regional Norwood Financial Corp. Portfolio share: 0.47% Portfolio value: 1.47M Avg. open price: N/A Current price: $32.14 P/L: N/A N/A Q3 2022	share	0.47%	1.47M	N/A	$32.14	N/A	N/A Q3 2022
Banks—Diversified JPMorgan Chase & Co. Portfolio share: 0.37% Portfolio value: 1.16M Avg. open price: $112.61 Current price: $131.37 P/L: +16.66% Bought +109.43% shares Q3 2022	share	0.37%	1.16M	$112.61	$131.37	+16.66%	Bought +109.43% shares Q3 2022
Banks—Regional Orrstown Financial Services, Inc. Portfolio share: 0.35% Portfolio value: 1.10M Avg. open price: $22.84 Current price: $26.68 P/L: +16.82% Sold -53.54% shares Q3 2022	share	0.35%	1.10M	$22.84	$26.68	+16.82%	Sold -53.54% shares Q3 2022
Banks—Regional Truist Financial Corporation Portfolio share: 0.34% Portfolio value: 1.04M Avg. open price: N/A Current price: $42.59 P/L: N/A N/A Q3 2022	share	0.34%	1.04M	N/A	$42.59	N/A	N/A Q3 2022
Banks—Regional U.S. Bancorp Portfolio share: 0.31% Portfolio value: 976K Avg. open price: N/A Current price: $43.91 P/L: N/A N/A Q3 2022	share	0.31%	976K	N/A	$43.91	N/A	N/A Q3 2022
Banks—Regional Fifth Third Bancorp Portfolio share: 0.31% Portfolio value: 965K Avg. open price: N/A Current price: $32.95 P/L: N/A N/A Q3 2022	share	0.31%	965K	N/A	$32.95	N/A	N/A Q3 2022
Banks—Regional KeyCorp Portfolio share: 0.31% Portfolio value: 963K Avg. open price: N/A Current price: $17.45 P/L: N/A N/A Q3 2022	share	0.31%	963K	N/A	$17.45	N/A	N/A Q3 2022
Banks—Regional Chemung Financial Corporation Portfolio share: 0.30% Portfolio value: 921K Avg. open price: N/A Current price: $46.3 P/L: N/A N/A Q3 2022	share	0.30%	921K	N/A	$46.3	N/A	N/A Q3 2022
Banks—Diversified Bank of America Corporation Portfolio share: 0.29% Portfolio value: 909K Avg. open price: N/A Current price: $34.47 P/L: N/A N/A Q3 2022	share	0.29%	909K	N/A	$34.47	N/A	N/A Q3 2022
Banks—Regional First Northwest Bancorp Portfolio share: 0.29% Portfolio value: 891K Avg. open price: $15.6 Current price: $14.76 P/L: -5.38% Bought +79.76% shares Q3 2022	share	0.29%	891K	$15.6	$14.76	-5.38%	Bought +79.76% shares Q3 2022
Banks—Regional LCNB Corp. Portfolio share: 0.25% Portfolio value: 794K Avg. open price: $14.95 Current price: $18.13 P/L: +21.27% Bought +324.20% shares Q3 2022	share	0.25%	794K	$14.95	$18.13	+21.27%	Bought +324.20% shares Q3 2022
Banks—Regional Citizens Financial Group, Inc. Portfolio share: 0.17% Portfolio value: 519K Avg. open price: N/A Current price: $39.48 P/L: N/A N/A Q3 2022	share	0.17%	519K	N/A	$39.48	N/A	N/A Q3 2022
Banks—Regional Fidelity D & D Bancorp, Inc. Portfolio share: 0.16% Portfolio value: 496K Avg. open price: N/A Current price: $47.04 P/L: N/A N/A Q3 2022	share	0.16%	496K	N/A	$47.04	N/A	N/A Q3 2022
Banks—Regional Affinity Bancshares, Inc. Portfolio share: 0.12% Portfolio value: 374K Avg. open price: N/A Current price: $14.52 P/L: N/A Sold -0.77% shares Q2 2022	share	0.12%	374K	N/A	$14.52	N/A	Sold -0.77% shares Q2 2022
Banks—Regional CBTX, Inc. Portfolio share: 0.11% Portfolio value: 352K Avg. open price: N/A Current price: $29.25 P/L: N/A N/A Q3 2022	share	0.11%	352K	N/A	$29.25	N/A	N/A Q3 2022
Banks—Regional Limestone Bancorp, Inc. Portfolio share: 0.09% Portfolio value: 289K Avg. open price: $18 Current price: $25.54 P/L: +41.86% Bought +41.54% shares Q3 2022	share	0.09%	289K	$18	$25.54	+41.86%	Bought +41.54% shares Q3 2022
Banks—Regional CB Financial Services, Inc. Portfolio share: 0.09% Portfolio value: 286K Avg. open price: $22.01 Current price: $22.8 P/L: +3.59% Sold -59.57% shares Q3 2022	share	0.09%	286K	$22.01	$22.8	+3.59%	Sold -59.57% shares Q3 2022
Banks—Regional Plumas Bancorp Portfolio share: 0.08% Portfolio value: 247K Avg. open price: $22.37 Current price: $36.3 P/L: +62.30% N/A Q3 2022	share	0.08%	247K	$22.37	$36.3	+62.30%	N/A Q3 2022
Banks—Regional Western New England Bancorp, Inc. Portfolio share: 0.08% Portfolio value: 243K Avg. open price: N/A Current price: $9.84 P/L: N/A N/A Q3 2022	share	0.08%	243K	N/A	$9.84	N/A	N/A Q3 2022
Banks—Regional United Security Bancshares Portfolio share: 0.05% Portfolio value: 165K Avg. open price: N/A Current price: $7.05 P/L: N/A N/A Q3 2022	share	0.05%	165K	N/A	$7.05	N/A	N/A Q3 2022
Banks—Regional Carter Bankshares, Inc. Portfolio share: 0.00% Portfolio value: 0 Avg. open price: $12.35 Current price: $18.16 P/L: +47.03% Sold -100.00% shares Q3 2022	share	0.00%	0	$12.35	$18.16	+47.03%	Sold -100.00% shares Q3 2022
Banks—Regional Southern First Bancshares, Inc. Portfolio share: 0.00% Portfolio value: 0 Avg. open price: $24.15 Current price: $46.77 P/L: +93.66% Sold -100.00% shares Q3 2022	share	0.00%	0	$24.15	$46.77	+93.66%	Sold -100.00% shares Q3 2022
Banks—Regional USCB Financial Holdings, Inc. Portfolio share: 0.00% Portfolio value: 0 Avg. open price: N/A Current price: $13.25 P/L: N/A Sold -100.00% shares Q3 2022	share	0.00%	0	N/A	$13.25	N/A	Sold -100.00% shares Q3 2022
Banks—Regional BankFinancial Corporation Portfolio share: 0.00% Portfolio value: 0 Avg. open price: $10.04 Current price: $9.66 P/L: -3.83% Sold -100.00% shares Q3 2022	share	0.00%	0	$10.04	$9.66	-3.83%	Sold -100.00% shares Q3 2022
Banks—Regional SmartFinancial, Inc. Portfolio share: 0.00% Portfolio value: 0 Avg. open price: N/A Current price: $29.11 P/L: N/A Sold -100.00% shares Q3 2022	share	0.00%	0	N/A	$29.11	N/A	Sold -100.00% shares Q3 2022
Banks—Regional Western Alliance Bancorporation Portfolio share: 0.00% Portfolio value: 0 Avg. open price: N/A Current price: $62.25 P/L: N/A Sold -100.00% shares Q3 2022	share	0.00%	0	N/A	$62.25	N/A	Sold -100.00% shares Q3 2022
Banks—Regional Capital Bancorp, Inc. Portfolio share: 0.00% Portfolio value: 0 Avg. open price: $15.15 Current price: $24.21 P/L: +59.75% Sold -100.00% shares Q3 2022	share	0.00%	0	$15.15	$24.21	+59.75%	Sold -100.00% shares Q3 2022
Banks—Regional PACWEST BANCORP DEL Portfolio share: 0.00% Portfolio value: 0 Avg. open price: N/A Current price: $24.46 P/L: N/A Sold -100.00% shares Q3 2022	share	0.00%	0	N/A	$24.46	N/A	Sold -100.00% shares Q3 2022