Vault-13

AMERISERV FINL INC ASRV

COM · Common Stock · CUSIP 03074A102

Pennsylvanian bank holding company

35 institutional holders +0 vs Q1 2026
6,557,3306.6m shares reported held*
38.6% of all shares outstanding*
$25.4mreported value*
3 new 9 added 6 reduced 2 sold out net bought ≈ $7.2k (+1.9k 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 ($400.6k this quarter). Holder counts are more reliable. Shares outstanding: 17.0m as of 2026-08-10, 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 ≈ $3.88. Options: 0 managers hold calls (— notional), 1 hold puts ($489.3k).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 30Q4 22: 34Q1 23: 33Q2 23: 35Q3 23: 32Q4 23: 33Q1 24: 32Q2 24: 34Q3 24: 31Q4 24: 36Q1 25: 38Q2 25: 40Q3 25: 38Q4 25: 33Q1 26: 35Q2 26: 3535Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202230
Q4 202234
Q1 202333
Q2 202335
Q3 202332
Q4 202333
Q1 202432
Q2 202434
Q3 202431
Q4 202436
Q1 202538
Q2 202540
Q3 202538
Q4 202533
Q1 202635
Q2 202635

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 11 bought or addedQ3 24: 9 cut or sold outQ4 24: 11 bought or addedQ4 24: 8 cut or sold outQ4 24Q1 25: 11 bought or addedQ1 25: 10 cut or sold outQ2 25: 18 bought or addedQ2 25: 9 cut or sold outQ2 25Q3 25: 15 bought or addedQ3 25: 13 cut or sold outQ4 25: 5 bought or addedQ4 25: 19 cut or sold outQ4 25Q1 26: 10 bought or addedQ1 26: 6 cut or sold outQ2 26: 12 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 2024119
Q4 2024118
Q1 20251110
Q2 2025189
Q3 20251513
Q4 2025519
Q1 2026106
Q2 2026128

Calls vs puts

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

CallsPuts
$0$200k$400k$600kQ3 25 calls: $0Q3 25 puts: $0Q3 25P/C —Q4 25 calls: $0Q4 25 puts: $0Q4 25P/C —Q1 26 calls: $0Q1 26 puts: $68.8kQ1 26P/C —Q2 26 calls: $0Q2 26 puts: $489.3kQ2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$0$0—
Q4 2025$0$0—
Q1 2026$0$68.8k—
Q2 2026$0$489.3k—

Biggest buyers

VANGUARD FIDUCIARY TRUST CO Added +13,744+13.7k
Oppenheimer & Close, LLC Added +11,839+11.8k
BlackRock, Inc. Added +11,007+11.0k
CITADEL ADVISORS LLC Added +3,517+3.5k
VANGUARD CAPITAL MANAGEMENT LLC Added +2,186+2.2k
EWA, LLC Added +1,875+1.9k
DIMENSIONAL FUND ADVISORS LP Added +1,697+1.7k
ROYAL BANK OF CANADA New +400+400
AmeriServ Wealth Advisors Added +374+374
NORTHERN TRUST CORP Added +254+254

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Reduced -28,700-28.7k
XTX Topco Ltd Sold out -10,812-10.8k
GEODE CAPITAL MANAGEMENT, LLC Reduced -2,054-2.1k
JOHN G ULLMAN & ASSOCIATES INC Reduced -1,400-1.4k
Tower Research Capital LLC (TRC) Reduced -1,047-1.0k
Cornerstone Planning Group LLC Reduced -1,014-1.0k
Russell Investments Group, Ltd. Sold out -50-50
WELLS FARGO & COMPANY/MN Reduced -1-1

Biggest calls

None

Biggest puts

CITADEL ADVISORS LLC New $489.3k126.1k 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.

HolderStakeChangeShares Last filed
SB Value Partners, L.P. 13D · may seek influence +1.5 pts · filed 2026-01-08
Stated purposeItem 4 of the Schedule 13D is hereby amended and supplemented as follows: "The information disclosed under Item 3 of this Amendment is hereby incorporated by reference into this Item 4. As a result of the value of the services provided to date by the Reporting Person under the Consulting Agreement and services provided by the Reporting Person beyond the scope of the Consulting Agreement, the Issuer entered into an Amended and Restated Consulting Agreement (the "A&R Consulting Agreement") with the Reporting Person on January 6, 2026 pursuant to which, among other things, the Issuer expands and supplements the nature and scope of the consulting services to be provided by the Reporting Person beyond the Issuer's wealth management division (the "Phase II Consulting Services"). Under the A&R… Full filing
9.7% +1.5 pts 1.6m 2026-01-08
BAIRD BRENT D 13D · may seek influence +0.7 pts · filed 2026-01-23
Stated purposeThe acquisition of shares of Common Stock by each Reporting Person was made for investment purposes. Depending upon overall market conditions, other investment opportunities available to the Reporting Persons, and the availability of shares of Common Stock at prices that would make the purchase or sale of shares of Common Stock desirable, either Reporting Person may endeavor to increase or decrease his or her position in the Company through, among other things, the purchase or sale of shares of Common Stock on the open market or in private transactions or otherwise, on such terms and at such times as such Reporting Person may deem advisable. Neither Reporting Person has present plans or proposals that would relate to, or result in, any of the matters set forth in subparagraphs (a) - (j) o… Full filing
6.8% +0.7 pts 1.1m≈ $4.3m 2026-01-23

Insider purchases and sales since 1 Apr 2026

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
202Q4 24: 1 buyingQ4 24: 0 sellingQ1 25: 1 buyingQ1 25: 0 sellingQ1 25Q2 25: 0 buyingQ2 25: 0 sellingQ3 25: 2 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 0 buyingQ1 26: 0 sellingQ1 26Q2 26: 1 buyingQ2 26: 0 sellingQ3 26: 1 buyingQ3 26: 1 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20241$8.6k0——
Q1 20251$15.1k0——
Q2 20250—0——
Q3 20252$24.8k0——
Q4 20250—0——
Q1 20260—0——
Q2 20261$11.6k0——
Q3 20261$9.9k1$48.9k—
DateInsiderTradeSharesPrice ValueTheir holding
2026-09-11 STOPKO JEFFREY A President & CEO ASRV & Bank Bought 2,000 $4.94 $9.9k2.0k shares +1%
2026-09-04 FINUI DAVID A EVP - ASRV Wealth & Cap. Mgmt. Sold 6,502 $4.77 $31.0k6.5k shares -74%
2026-08-31 FINUI DAVID A EVP - ASRV Wealth & Cap. Mgmt. Sold 3,498 $5.11 $17.9k3.5k shares -61%
2026-05-05 STOPKO JEFFREY A President & CEO ASRV & Bank Bought 3,000 $3.85 $11.6k3.0k shares +2%

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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GENDELL JEFFREY L 0.06% of their portfolio Greenwich, CT 1,635,6771.6m $6.3m $6.3m 0.06% Unchanged
2 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 1,155,3971.2m $4.5m $4.5m 0.00% Added +1.7k +1,697
3 AmeriServ Wealth Advisors 2.30% of their portfolio Johnstown, PA 889,464889.5k $3.5m $3.5m 2.30% Added +374 +374
4 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 660,581660.6k $2.6m $2.6m 0.00% Added +2.2k +2,186
5 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 535,774535.8k $2.1m $2.1m 0.00% Reduced -28.7k -28,700
6 Oppenheimer & Close, LLC 0.89% of their portfolio NEW YORK, NY 364,422364.4k $1.4m $1.4m 0.89% Added +11.8k +11,839
7 EWA, LLC 0.18% of their portfolio PITTSBURGH, PA 247,487247.5k $960.2k $960.2k 0.18% Added +1.9k +1,875
8 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 206,629206.6k $801.7k $801.7k 0.01% Unchanged
9 BlackRock, Inc. 0.00% of their portfolio New York, NY 151,262151.3k $586.9k $586.9k 0.00% Added +11.0k +11,007
10 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 142,339142.3k $552.5k $552.5k 0.00% Reduced -2.1k -2,054
11 Empowered Funds, LLC 0.00% of their portfolio NEWTOWN SQUARE, PA 103,258103.3k $400.6k $400.6k 0.00% Unchanged
12 Lesa Sroufe & Co 0.28% of their portfolio SEATTLE, WA 100,000100.0k $388.0k $388.0k 0.28% Unchanged
13 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 96,90596.9k $376.0k $376.0k 0.00% Added +13.7k +13,744
14 Argyle Capital Management, LLC 0.11% of their portfolio CENTER VALLEY, PA 94,86594.9k $368.1k $368.1k 0.11% Unchanged
15 Minerva Advisors LLC 0.14% of their portfolio BALA CYNWYD, PA 58,20058.2k $225.8k $225.8k 0.14% Unchanged
16 JOHN G ULLMAN & ASSOCIATES INC 0.02% of their portfolio CORNING, NY 44,58544.6k $173.0k $173.0k 0.02% Reduced -1.4k -1,400
17 Abacus Planning Group, Inc. 0.02% of their portfolio COLUMBIA, SC 42,51342.5k $164.9k $164.9k 0.02% Unchanged
18 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 29,35529.4k $113.9k $113.9k 0.00% Added +254 +254
19 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 25,87525.9k $100.4k $100.4k 0.00% Added +3.5k +3,517
20 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 22,76022.8k $87.0k $87.0k 0.00% Unchanged
21 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 18,99019.0k $73.7k $73.7k 0.00% Unchanged
22 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 13,48313.5k $52.3k $52.3k 0.00% Unchanged
23 SCHULHOFF & CO INC 0.02% of their portfolio CINCINNATI, OH 13,00013.0k $50.4k $50.4k 0.02% Unchanged
24 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 5,8955.9k $22.9k $22.9k 0.00% Unchanged
25 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 718718 $2.8k $2.8k 0.00% Unchanged
26 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 588588 $2.3k $2.3k 0.00% Reduced -1.0k -1,047
27 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 400400 $2.0k $2.0k 0.00% New
28 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 114114 $442 $442 0.00% Unchanged
29 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 3838 $147 $147 0.00% New
30 Cornerstone Planning Group LLC 0.00% of their portfolio FAIRFIELD, NJ 88 $32 $32 0.00% Reduced -1.0k -1,014
31 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 22 $8 $8 0.00% Unchanged
32 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 22 $8 $8 0.00% New
33 FMR LLC 0.00% of their portfolio BOSTON, MA 11 $4 $4 0.00% Unchanged
34 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 11 $6 $6 0.00% Unchanged
35 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $2 $2 0.00% Reduced -1 -1