Vault-13

ACNB CORP ACNB

COM · Common Stock · CUSIP 000868109

76 institutional holders -11 vs Q1 2025
3,883,1273.9m shares reported held*
37.1% of all shares outstanding*
$166.4mreported value*
10 new 35 added 15 reduced 21 sold out net bought ≈ $7.7m (+179.1k shares)

* 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

050100Q3 22: 56Q4 22: 58Q1 23: 58Q2 23: 57Q3 23: 53Q4 23: 64Q1 24: 59Q2 24: 60Q3 24: 71Q4 24: 73Q1 25: 87Q2 25: 7676Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 202256
Q4 202258
Q1 202358
Q2 202357
Q3 202353
Q4 202364
Q1 202459
Q2 202460
Q3 202471
Q4 202473
Q1 202587
Q2 202576

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
50050Q3 23: 29 bought or addedQ3 23: 19 cut or sold outQ4 23: 41 bought or addedQ4 23: 17 cut or sold outQ4 23Q1 24: 24 bought or addedQ1 24: 31 cut or sold outQ2 24: 33 bought or addedQ2 24: 22 cut or sold outQ2 24Q3 24: 41 bought or addedQ3 24: 17 cut or sold outQ4 24: 39 bought or addedQ4 24: 16 cut or sold outQ4 24Q1 25: 43 bought or addedQ1 25: 27 cut or sold outQ2 25: 45 bought or addedQ2 25: 36 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20232919
Q4 20234117
Q1 20242431
Q2 20243322
Q3 20244117
Q4 20243916
Q1 20254327
Q2 20254536

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$250k$500k$750k$1mQ3 24 calls: $0Q3 24 puts: $4.4kQ3 24P/C —Q4 24 calls: $4.0kQ4 24 puts: $0Q4 24P/C 0.00Q1 25 calls: $4.0kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $869.7kQ2 25P/C —
Numbers
QuarterCallsPutsP/C
Q3 2024$0$4.4k—
Q4 2024$4.0k$00.00
Q1 2025$4.0k$00.00
Q2 2025$0$869.7k—

Biggest buyers

BlackRock, Inc. Added +58,106+58.1k
VANGUARD GROUP INC Added +49,053+49.1k
Private Capital Management, LLC Added +42,917+42.9k
NORTHERN TRUST CORP Added +28,020+28.0k
GEODE CAPITAL MANAGEMENT, LLC Added +25,142+25.1k
MALTESE CAPITAL MANAGEMENT LLC New +23,880+23.9k
STATE STREET CORP Added +20,060+20.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +19,063+19.1k
DIMENSIONAL FUND ADVISORS LP Added +16,448+16.4k
ROYAL BANK OF CANADA Added +11,102+11.1k

Biggest sellers

ALLIANCEBERNSTEIN L.P. Reduced -38,395-38.4k
BANC FUNDS CO LLC Sold out -26,767-26.8k
LSV ASSET MANAGEMENT Sold out -19,755-19.8k
VOYA INVESTMENT MANAGEMENT LLC Sold out -17,956-18.0k
GOLDMAN SACHS GROUP INC Sold out -12,968-13.0k
MILLENNIUM MANAGEMENT LLC Sold out -11,134-11.1k
LAZARD ASSET MANAGEMENT LLC Sold out -10,006-10.0k
Bare Financial Services, Inc Sold out -8,431-8.4k
Quadrature Capital Ltd Sold out -6,995-7.0k
FRANKLIN RESOURCES INC Sold out -5,223-5.2k

Biggest calls

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)

BuyingSelling
404Q3 23: 3 buyingQ3 23: 0 sellingQ4 23: 2 buyingQ4 23: 0 sellingQ4 23Q1 24: 2 buyingQ1 24: 0 sellingQ2 24: 2 buyingQ2 24: 0 sellingQ2 24Q3 24: 2 buyingQ3 24: 1 sellingQ4 24: 2 buyingQ4 24: 0 sellingQ4 24Q1 25: 1 buyingQ1 25: 0 sellingQ2 25: 1 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20233$36.3k0——
Q4 20232$4.0k0——
Q1 20242$4.1k0——
Q2 20242$2.8k0——
Q3 20242$2.8k1$20.2k—
Q4 20242$2.7k0——
Q1 20251$2530——
Q2 20251$2500——
DateInsiderTradeSharesPrice ValueTheir holding
2025-06-13 ELSNER FRANK III Director Bought 6 $40.97 $2506 shares +<1%

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 609,566609.6k $26.1m $26.1m 0.00% Added +58.1k +58,106
2 FMR LLC 0.00% of their portfolio BOSTON, MA 604,526604.5k $25.9m $25.9m 0.00% Reduced -122 -122
3 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 539,937539.9k $23.1m $23.1m 0.00% Added +49.1k +49,053
4 Private Capital Management, LLC 1.36% of their portfolio NAPLES, FL 314,513314.5k $13.5m $13.5m 1.36% Added +42.9k +42,917
5 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 303,121303.1k $13.0m $13.0m 0.00% Added +16.4k +16,448
6 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 243,474243.5k $10.4m $10.4m 0.00% Added +25.1k +25,142
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 179,122179.1k $7.7m $7.7m 0.00% Added +20.1k +20,060
8 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio Toronto, A6 148,523148.5k $6.4m $6.4m 0.01% Added +1.2k +1,224
9 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 113,791113.8k $4.9m $4.9m 0.00% Reduced -38.4k -38,395
10 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 109,019109.0k $4.7m $4.7m 0.00% Added +119 +119
11 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.10% of their portfolio HOUSTON, TX 100,511100.5k $4.3m $4.3m 0.10% Added +3.5k +3,455
12 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 98,15598.2k $4.2m $4.2m 0.00% Added +28.0k +28,020
13 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 49,11149.1k $2.1m $2.1m 0.02% Added +3.5k +3,455
14 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 38,37838.4k $1.6m $1.6m 0.00% Added +19.1k +19,063
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 35,65335.7k $1.5m $1.5m 0.00% Added +6.9k +6,863
16 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 30,97331.0k $1.3m $1.3m 0.00% Added +6.1k +6,121
17 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 29,21729.2k $1.3m $1.3m 0.00% Added +5.1k +5,097
18 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,97328.0k $1.2m $1.2m 0.00% Unchanged
19 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 24,32324.3k $1.0m $1.0m 0.01% Added +193 +193
20 MALTESE CAPITAL MANAGEMENT LLC 0.14% of their portfolio New York, NY 23,88023.9k $1.0m $1.0m 0.14% New
21 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 19,11419.1k $818.0k $818.0k 0.00% Added +11.1k +11,102
22 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 18,75618.8k $803.5k $803.5k 0.00% Added +1.4k +1,400
23 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 18,65818.7k $799.3k $799.3k 0.00% Reduced -667 -667
24 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 17,27117.3k $739.9k $739.9k 0.00% Added +8.9k +8,923
25 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 15,51515.5k $664.7k $664.7k 0.00% Added +3.7k +3,749
26 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 14,66414.7k $628.2k $628.2k 0.00% Reduced -2.8k -2,763
27 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,10313.1k $561.3k $561.3k 0.00% Added +2.2k +2,223
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 11,45111.5k $490.6k $490.6k 0.00% Added +5.8k +5,843
29 Pinnacle Wealth Planning Services, Inc. 0.06% of their portfolio MANSFIELD, OH 11,36311.4k $486.8k $486.8k 0.06% Unchanged
30 SPC Financial, Inc. 0.04% of their portfolio ROCKVILLE, MD 11,21011.2k $480.2k $480.2k 0.04% Reduced -400 -400
31 RKL Wealth Management LLC 0.04% of their portfolio LANCASTER, PA 10,09810.1k $432.6k $432.6k 0.04% Unchanged
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 9,7419.7k $417.3k $417.3k 0.00% Reduced -3.5k -3,542
33 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 9,0929.1k $389.5k $389.5k 0.00% Added +1.5k +1,491
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 8,5088.5k $364.5k $364.5k 0.00% Reduced -545 -545
35 EQUITABLE TRUST CO 0.02% of their portfolio NASHVILLE, TN 8,2808.3k $354.7k $354.7k 0.02% New
36 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 8,0388.0k $344.3k $344.3k 0.00% Reduced -3.7k -3,669
37 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 8,0178.0k $343.4k $343.4k 0.00% New
38 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 7,4607.5k $319.6k $319.6k 0.00% Reduced -4.0k -4,033
39 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 7,3527.4k $315.0k $315.0k 0.00% New
40 Thrivent Financial for Lutherans 0.00% of their portfolio Minneapolis, MN 6,9496.9k $299.0k $299.0k 0.00% Added +76 +76
41 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 6,8056.8k $291.5k $291.5k 0.00% New
42 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 6,7256.7k $288.1k $288.1k 0.00% Added +334 +334
43 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 6,6606.7k $285.3k $285.3k 0.00% Added +1.5k +1,546
44 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 5,6375.6k $241.5k $241.5k 0.00% Added +695 +695
45 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,5015.5k $235.7k $235.7k 0.00% Reduced -3.9k -3,865
46 Equitable Holdings, Inc. 0.00% of their portfolio NEW YORK, NY 5,4005.4k $231.3k $231.3k 0.00% Unchanged
47 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 5,1765.2k $221.7k $221.7k 0.00% Reduced -1.4k -1,400
48 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 5,1525.2k $221.0k $221.0k 0.00% New
49 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 5,0055.0k $214.4k $214.4k 0.00% New
50 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 4,8734.9k $208.8k $208.8k 0.00% Reduced -2.1k -2,116
51 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,1114.1k $176.1k $176.1k 0.00% Reduced -2.2k -2,220
52 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,2713.3k $140.1k $140.1k 0.00% Unchanged
53 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 1,8921.9k $81.1k $81.1k 0.00% Unchanged
54 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,8641.9k $79.9k $79.9k 0.00% New
55 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 1,7271.7k $74.0k $74.0k 0.00% Added +856 +856
56 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 1,6961.7k $72.9k $72.9k 0.00% Unchanged
57 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 1,6191.6k $69.4k $69.4k 0.00% Unchanged
58 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,4891.5k $63.8k $63.8k 0.00% Reduced -3.2k -3,250
59 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 1,0511.1k $45.0k $45.0k 0.00% Added +189 +189
60 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,0361.0k $44.4k $44.4k 0.00% Added +374 +374
61 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 1,0001.0k $42.8k $42.8k 0.00% Added +300 +300
62 Legal & General Group Plc 0.00% of their portfolio London, X0 934934 $40.0k $40.0k 0.00% Added +214 +214
63 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 600600 $25.7k $25.7k 0.00% Unchanged
64 CWM, LLC 0.00% of their portfolio OMAHA, NE 541541 $23.0k $23.0k 0.00% Added +102 +102
65 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 306306 $13.1k $13.1k 0.00% Unchanged
66 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 293293 $13.0k $13.0k 0.00% Unchanged
67 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 278278 $11.9k $11.9k 0.00% Added +135 +135
68 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 237237 $10.2k $10.2k 0.00% Added +231 +231
69 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 232232 $9.9k $9.9k 0.00% Reduced -269 -269
70 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 2828 $1.2k $1.2k 0.00% Unchanged
71 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 44 $171 $171 0.00% New
72 True Wealth Design, LLC 0.00% of their portfolio AKRON, OH 44 $172 $172 0.00% Unchanged
73 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 44 $171 $171 0.00% First filing
74 Covestor Ltd 0.00% of their portfolio LONDON, X0 11 $0 $0 0.00% Unchanged
75 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged
76 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 00 $643 $643 0.00% New