ACNB CORP ACNB
COM · Common Stock · CUSIP 000868109
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersGettysburg, PA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.4m this quarter). Holder counts are more reliable. Shares outstanding: 10.5m as of 2025-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $42.84. Options: 1 managers hold calls ($0 notional), 4 hold puts ($869.7k).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 56 |
| Q4 2022 | 58 |
| Q1 2023 | 58 |
| Q2 2023 | 57 |
| Q3 2023 | 53 |
| Q4 2023 | 64 |
| Q1 2024 | 59 |
| Q2 2024 | 60 |
| Q3 2024 | 71 |
| Q4 2024 | 73 |
| Q1 2025 | 87 |
| Q2 2025 | 76 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 29 | 19 |
| Q4 2023 | 41 | 17 |
| Q1 2024 | 24 | 31 |
| Q2 2024 | 33 | 22 |
| Q3 2024 | 41 | 17 |
| Q4 2024 | 39 | 16 |
| Q1 2025 | 43 | 27 |
| Q2 2025 | 45 | 36 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $0 | $4.4k | — |
| Q4 2024 | $4.0k | $0 | 0.00 |
| Q1 2025 | $4.0k | $0 | 0.00 |
| Q2 2025 | $0 | $869.7k | — |
Biggest buyers
| BlackRock, Inc. | Added | +58.1k |
| VANGUARD GROUP INC | Added | +49.1k |
| Private Capital Management, LLC | Added | +42.9k |
| NORTHERN TRUST CORP | Added | +28.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +25.1k |
| MALTESE CAPITAL MANAGEMENT LLC | New | +23.9k |
| STATE STREET CORP | Added | +20.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +19.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +16.4k |
| ROYAL BANK OF CANADA | Added | +11.1k |
Biggest sellers
| ALLIANCEBERNSTEIN L.P. | Reduced | -38.4k |
| BANC FUNDS CO LLC | Sold out | -26.8k |
| LSV ASSET MANAGEMENT | Sold out | -19.8k |
| VOYA INVESTMENT MANAGEMENT LLC | Sold out | -18.0k |
| GOLDMAN SACHS GROUP INC | Sold out | -13.0k |
| MILLENNIUM MANAGEMENT LLC | Sold out | -11.1k |
| LAZARD ASSET MANAGEMENT LLC | Sold out | -10.0k |
| Bare Financial Services, Inc | Sold out | -8.4k |
| Quadrature Capital Ltd | Sold out | -7.0k |
| FRANKLIN RESOURCES INC | Sold out | -5.2k |
Biggest calls
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $291.3k6.8k shares |
| JANE STREET GROUP, LLC | New | $291.3k6.8k shares |
| GROUP ONE TRADING LLC | New | $287.0k6.7k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: FMR LLC (3.5%, 2026-04-29), VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 3 | $36.3k | 0 | — | — |
| Q4 2023 | 2 | $4.0k | 0 | — | — |
| Q1 2024 | 2 | $4.1k | 0 | — | — |
| Q2 2024 | 2 | $2.8k | 0 | — | — |
| Q3 2024 | 2 | $2.8k | 1 | $20.2k | — |
| Q4 2024 | 2 | $2.7k | 0 | — | — |
| Q1 2025 | 1 | $253 | 0 | — | — |
| Q2 2025 | 1 | $250 | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-06-13 | ELSNER FRANK III Director | Bought | $2506 shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 609.6k $26.1m | Added +58.1k |
| FMR LLC 0.00% of their portfolio | 604.5k $25.9m | Reduced -122 |
| VANGUARD GROUP INC 0.00% of their portfolio | 539.9k $23.1m | Added +49.1k |
| Private Capital Management, LLC 1.36% of their portfolio | 314.5k $13.5m | Added +42.9k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 303.1k $13.0m | Added +16.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 243.5k $10.4m | Added +25.1k |
| STATE STREET CORP 0.00% of their portfolio | 179.1k $7.7m | Added +20.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 148.5k $6.4m | Added +1.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 113.8k $4.9m | Reduced -38.4k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 109.0k $4.7m | Added +119 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 100.5k $4.3m | Added +3.5k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 98.2k $4.2m | Added +28.0k |
| Empowered Funds, LLC 0.02% of their portfolio | 49.1k $2.1m | Added +3.5k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 38.4k $1.6m | Added +19.1k |
| MORGAN STANLEY 0.00% of their portfolio | 35.7k $1.5m | Added +6.9k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 31.0k $1.3m | Added +6.1k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 29.2k $1.3m | Added +5.1k |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 28.0k $1.2m | Unchanged |
| Kestra Advisory Services, LLC 0.01% of their portfolio | 24.3k $1.0m | Added +193 |
| MALTESE CAPITAL MANAGEMENT LLC 0.14% of their portfolio | 23.9k $1.0m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 19.1k $818.0k | Added +11.1k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 18.8k $803.5k | Added +1.4k |
| Invesco Ltd. 0.00% of their portfolio | 18.7k $799.3k | Reduced -667 |
| BARCLAYS PLC 0.00% of their portfolio | 17.3k $739.9k | Added +8.9k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 15.5k $664.7k | Added +3.7k |
| Nuveen, LLC 0.00% of their portfolio | 14.7k $628.2k | Reduced -2.8k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 13.1k $561.3k | Added +2.2k |
| UBS Group AG 0.00% of their portfolio | 11.5k $490.6k | Added +5.8k |
| Pinnacle Wealth Planning Services, Inc. 0.06% of their portfolio | 11.4k $486.8k | Unchanged |
| SPC Financial, Inc. 0.04% of their portfolio | 11.2k $480.2k | Reduced -400 |
| RKL Wealth Management LLC 0.04% of their portfolio | 10.1k $432.6k | Unchanged |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 9.7k $417.3k | Reduced -3.5k |
| LPL Financial LLC 0.00% of their portfolio | 9.1k $389.5k | Added +1.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 8.5k $364.5k | Reduced -545 |
| EQUITABLE TRUST CO 0.02% of their portfolio | 8.3k $354.7k | New |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 8.0k $344.3k | Reduced -3.7k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 8.0k $343.4k | New |
| Squarepoint Ops LLC 0.00% of their portfolio | 7.5k $319.6k | Reduced -4.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 7.4k $315.0k | New |
| Thrivent Financial for Lutherans 0.00% of their portfolio | 6.9k $299.0k | Added +76 |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 6.8k $291.5k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 6.7k $288.1k | Added +334 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 6.7k $285.3k | Added +1.5k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 5.6k $241.5k | Added +695 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 5.5k $235.7k | Reduced -3.9k |
| Equitable Holdings, Inc. 0.00% of their portfolio | 5.4k $231.3k | Unchanged |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 5.2k $221.7k | Reduced -1.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 5.2k $221.0k | New |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 5.0k $214.4k | New |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 4.9k $208.8k | Reduced -2.1k |
| CITIGROUP INC 0.00% of their portfolio | 4.1k $176.1k | Reduced -2.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.3k $140.1k | Unchanged |
| Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio | 1.9k $81.1k | Unchanged |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 1.9k $79.9k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.7k $74.0k | Added +856 |
| JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio | 1.7k $72.9k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 1.6k $69.4k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.5k $63.8k | Reduced -3.2k |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 1.1k $45.0k | Added +189 |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 1.0k $44.4k | Added +374 |
| Allworth Financial LP 0.00% of their portfolio | 1.0k $42.8k | Added +300 |
| Legal & General Group Plc 0.00% of their portfolio | 934 $40.0k | Added +214 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 600 $25.7k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 541 $23.0k | Added +102 |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 306 $13.1k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 293 $13.0k | Unchanged |
| Sterling Capital Management LLC 0.00% of their portfolio | 278 $11.9k | Added +135 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 237 $10.2k | Added +231 |
| GAMMA Investing LLC 0.00% of their portfolio | 232 $9.9k | Reduced -269 |
| Arax Advisory Partners 0.00% of their portfolio | 28 $1.2k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 4 $171 | New |
| True Wealth Design, LLC 0.00% of their portfolio | 4 $172 | Unchanged |
| Essential Partners LLC 0.00% of their portfolio | 4 $171 | First filing |
| Covestor Ltd 0.00% of their portfolio | 1 $0 | Unchanged |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio | 0 $0 | Unchanged |
| IFP Advisors, Inc 0.00% of their portfolio | 0 $643 | New |