Filed: 2/13/2025ACC: 0001420506-25-000394
📋 What this filing means
FOURTHSTONE LLC filed this quarterly 13F‑HR report disclosing 68 equity positions with a total reported market value of $512.06M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
68
Positions
$512.06M
Total AUM (reported)
26.91M
Total Shares
Allocation by class
COM$490.79M95.8%
COM NEW$20.39M4.0%
COMMON STOCK$883.8K0.2%
Portfolio Concentration
Top 3$152.93M29.9%
4–10$172.33M33.7%
11–25$129.14M25.2%
Rest$57.67M11.3%
Top 3 weight
29.9%
Top 10 weight
63.5%
Voting Authority Distribution
Total shares with voting rights: 26.91M
Sole
Full voting authority
26.91M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole68
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings68
Rows:
ORRSTOWN FINL SVCS INC
SOLEShares1.53M
TypeSH
Market value$56.09M
10.95%
Sole
1.53M
Shared
0.00
None
0.00
CALIFORNIA BANCORP
SOLEShares3.01M
TypeSH
Market value$49.79M
9.72%
Sole
3.01M
Shared
0.00
None
0.00
SHORE BANCSHARES INC
SOLEShares2.97M
TypeSH
Market value$47.06M
9.19%
Sole
2.97M
Shared
0.00
None
0.00
COMMUNITY WEST BANCSHARES NE
SOLEShares1.74M
TypeSH
Market value$33.79M
6.60%
Sole
1.74M
Shared
0.00
None
0.00
EAGLE BANCORP INC MD
SOLEShares1.28M
TypeSH
Market value$33.23M
6.49%
Sole
1.28M
Shared
0.00
None
0.00
BURKE HERBERT FINL SVCS CORP
SOLEShares454.53K
TypeSH
Market value$28.34M
5.54%
Sole
454.53K
Shared
0.00
None
0.00
COLONY BANKCORP INC
SOLEShares1.50M
TypeSH
Market value$24.14M
4.71%
Sole
1.50M
Shared
0.00
None
0.00
FIRST NATL CORP
SOLEShares896.59K
TypeSH
Market value$20.63M
4.03%
Sole
896.59K
Shared
0.00
None
0.00
CHOICEONE FINL SVCS INC
SOLEShares476.10K
TypeSH
Market value$16.97M
3.31%
Sole
476.10K
Shared
0.00
None
0.00
MERIDIAN CORPORATION
SOLEShares1.11M
TypeSH
Market value$15.22M
2.97%
Sole
1.11M
Shared
0.00
None
0.00
FRANKLIN FINL SVCS CORP
SOLEShares441.30K
TypeSH
Market value$13.19M
2.58%
Sole
441.30K
Shared
0.00
None
0.00
PRIMIS FINANCIAL CORP
SOLEShares898.01K
TypeSH
Market value$10.47M
2.04%
Sole
898.01K
Shared
0.00
None
0.00
BV FINL INC
SOLEShares592.37K
TypeSH
Market value$10.20M
1.99%
Sole
592.37K
Shared
0.00
None
0.00
CARTER BANKSHARES INC
SOLEShares551.01K
TypeSH
Market value$9.69M
1.89%
Sole
551.01K
Shared
0.00
None
0.00
FIRST NORTHWEST BANCORP
SOLEShares928.50K
TypeSH
Market value$9.47M
1.85%
Sole
928.50K
Shared
0.00
None
0.00
RIVERVIEW BANCORP INC
SOLEShares1.65M
TypeSH
Market value$9.46M
1.85%
Sole
1.65M
Shared
0.00
None
0.00
FIRST UTD CORP
SOLEShares278.79K
TypeSH
Market value$9.40M
1.84%
Sole
278.79K
Shared
0.00
None
0.00
OLD POINT FINL CORP
SOLEShares344.62K
TypeSH
Market value$8.98M
1.75%
Sole
344.62K
Shared
0.00
None
0.00
FINANCIAL INSTNS INC
SOLEShares318.25K
TypeSH
Market value$8.69M
1.70%
Sole
318.25K
Shared
0.00
None
0.00
WESTERN NEW ENG BANCORP INC
SOLEShares910.79K
TypeSH
Market value$8.38M
1.64%
Sole
910.79K
Shared
0.00
None
0.00
FIRST CMNTY CORP S C
SOLEShares326.39K
TypeSH
Market value$7.83M
1.53%
Sole
326.39K
Shared
0.00
None
0.00
CHEMUNG FINL CORP
SOLEShares158.65K
TypeSH
Market value$7.74M
1.51%
Sole
158.65K
Shared
0.00
None
0.00
EAGLE BANCORP MONT INC
SOLEShares451.24K
TypeSH
Market value$6.92M
1.35%
Sole
451.24K
Shared
0.00
None
0.00
BERKSHIRE HILLS BANCORP INC
SOLEShares155.17K
TypeSH
Market value$4.41M
0.86%
Sole
155.17K
Shared
0.00
None
0.00
CITIZENS CMNTY BANCORP INC M
SOLEShares263.74K
TypeSH
Market value$4.30M
0.84%
Sole
263.74K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ORRSTOWN FINL SVCS INCSOLE | COM | 1.53M | SH | $56.09M 10.95% | 1.53M | 0.00 | 0.00 |
CALIFORNIA BANCORPSOLE | COM | 3.01M | SH | $49.79M 9.72% | 3.01M | 0.00 | 0.00 |
SHORE BANCSHARES INCSOLE | COM | 2.97M | SH | $47.06M 9.19% | 2.97M | 0.00 | 0.00 |
COMMUNITY WEST BANCSHARES NESOLE | COM | 1.74M | SH | $33.79M 6.60% | 1.74M | 0.00 | 0.00 |
EAGLE BANCORP INC MDSOLE | COM | 1.28M | SH | $33.23M 6.49% | 1.28M | 0.00 | 0.00 |
BURKE HERBERT FINL SVCS CORPSOLE | COM | 454.53K | SH | $28.34M 5.54% | 454.53K | 0.00 | 0.00 |
COLONY BANKCORP INCSOLE | COM | 1.50M | SH | $24.14M 4.71% | 1.50M | 0.00 | 0.00 |
FIRST NATL CORPSOLE | COM | 896.59K | SH | $20.63M 4.03% | 896.59K | 0.00 | 0.00 |
CHOICEONE FINL SVCS INCSOLE | COM | 476.10K | SH | $16.97M 3.31% | 476.10K | 0.00 | 0.00 |
MERIDIAN CORPORATIONSOLE | COM | 1.11M | SH | $15.22M 2.97% | 1.11M | 0.00 | 0.00 |
FRANKLIN FINL SVCS CORPSOLE | COM | 441.30K | SH | $13.19M 2.58% | 441.30K | 0.00 | 0.00 |
PRIMIS FINANCIAL CORPSOLE | COM | 898.01K | SH | $10.47M 2.04% | 898.01K | 0.00 | 0.00 |
BV FINL INCSOLE | COM NEW | 592.37K | SH | $10.20M 1.99% | 592.37K | 0.00 | 0.00 |
CARTER BANKSHARES INCSOLE | COM NEW | 551.01K | SH | $9.69M 1.89% | 551.01K | 0.00 | 0.00 |
FIRST NORTHWEST BANCORPSOLE | COM | 928.50K | SH | $9.47M 1.85% | 928.50K | 0.00 | 0.00 |
RIVERVIEW BANCORP INCSOLE | COM | 1.65M | SH | $9.46M 1.85% | 1.65M | 0.00 | 0.00 |
FIRST UTD CORPSOLE | COM | 278.79K | SH | $9.40M 1.84% | 278.79K | 0.00 | 0.00 |
OLD POINT FINL CORPSOLE | COM | 344.62K | SH | $8.98M 1.75% | 344.62K | 0.00 | 0.00 |
FINANCIAL INSTNS INCSOLE | COM | 318.25K | SH | $8.69M 1.70% | 318.25K | 0.00 | 0.00 |
WESTERN NEW ENG BANCORP INCSOLE | COM | 910.79K | SH | $8.38M 1.64% | 910.79K | 0.00 | 0.00 |
FIRST CMNTY CORP S CSOLE | COM | 326.39K | SH | $7.83M 1.53% | 326.39K | 0.00 | 0.00 |
CHEMUNG FINL CORPSOLE | COM | 158.65K | SH | $7.74M 1.51% | 158.65K | 0.00 | 0.00 |
EAGLE BANCORP MONT INCSOLE | COM | 451.24K | SH | $6.92M 1.35% | 451.24K | 0.00 | 0.00 |
BERKSHIRE HILLS BANCORP INCSOLE | COM | 155.17K | SH | $4.41M 0.86% | 155.17K | 0.00 | 0.00 |
CITIZENS CMNTY BANCORP INC MSOLE | COM | 263.74K | SH | $4.30M 0.84% | 263.74K | 0.00 | 0.00 |
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