Vault-13

FIRST NATL CORP VA FXNC

COM · Common Stock · CUSIP 32106V107

26 institutional holders -1 vs Q1 2023
2,210,1152.2m shares reported held*
35.4% of all shares outstanding*
$36.4mreported value*
2 new 9 added 4 reduced 2 sold out net bought ≈ $2.1m (+124.9k 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. Holder counts are more reliable. Shares outstanding: 6.2m as of 2023-08-08, 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 ≈ $16.47.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0102030Q3 22: 27Q4 22: 29Q1 23: 27Q2 23: 2626Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202227
Q4 202229
Q1 202327
Q2 202326

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 11 bought or addedQ4 22: 10 cut or sold outQ4 22Q1 23: 4 bought or addedQ1 23: 11 cut or sold outQ1 23Q2 23: 11 bought or addedQ2 23: 6 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221110
Q1 2023411
Q2 2023116

Biggest buyers

Coppell Advisory Solutions LLC Added +122,741+122.7k
COMMONWEALTH EQUITY SERVICES, LLC New +17,870+17.9k
Fourthstone LLC Added +12,463+12.5k
GEODE CAPITAL MANAGEMENT, LLC Added +6,867+6.9k
Cutler Capital Management, LLC Added +3,455+3.5k
BlackRock Inc. Added +869+869
MORGAN STANLEY Added +668+668
Tower Research Capital LLC (TRC) Added +447+447
BRIDGEWAY CAPITAL MANAGEMENT, LLC Added +310+310
IFP Advisors, Inc New +202+202

Biggest sellers

BHZ CAPITAL MANAGEMENT, LP Sold out -24,740-24.7k
Graves Light Lenhart Wealth, Inc. Reduced -12,000-12.0k
WELLS FARGO & COMPANY/MN Reduced -3,278-3.3k
UBS Group AG Sold out -674-674
Bank of New York Mellon Corp Reduced -296-296
River Oaks Capital LLC Reduced -99-99

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
BlackRock, Inc. 13G · institution new · filed 2026-07-28 5.6% new 507.1k≈ $15.2m 2026-07-28

Fell to 5% or below in the last year: Fourthstone LLC (0.0%, 2026-08-14)

Insider purchases and sales in Q2 2023

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
505Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 2 buyingQ4 21: 1 sellingQ4 21Q1 22: 0 buyingQ1 22: 0 sellingQ2 22: 1 buyingQ2 22: 0 sellingQ2 22Q3 22: 3 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 1 sellingQ4 22Q1 23: 0 buyingQ1 23: 0 sellingQ2 23: 5 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20212$3.5k1$49.4k—
Q1 20220—0——
Q2 20221$94.4k0——
Q3 20223$64.9k0——
Q4 20220—1$85.2k—
Q1 20230—0——
Q2 20235$647.5k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-06-30 Holt George Edwin III Director Bought 502 $16.55 $8.3k502 shares +1%
2023-06-29 Holt George Edwin III Director Bought 2,445 $16.55 $40.5k2.4k shares +7%
2023-06-29 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 115 $16.50 $1.9k115 shares +1%
2023-06-23 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 6 $16.38 $986 shares +<1%
2023-06-16 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 899 $15.94 $14.3k899 shares +10%
2023-06-12 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 1,029 $15.50 $15.9k1.0k shares +15%
2023-06-12 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 1,000 $15.50 $15.5k1.0k shares +13%
2023-06-09 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 1,200 $15.66 $18.8k1.2k shares +10%
2023-06-09 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 750 $15.60 $11.7k750 shares +11%
2023-06-09 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 71 $15.50 $1.1k71 shares +1%
2023-06-08 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 1,100 $15.62 $17.2k1.1k shares +10%
2023-06-07 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 1,000 $15.89 $15.9k1.0k shares +17%
2023-06-07 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 935 $15.82 $14.8k935 shares +10%
2023-06-06 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 785 $15.89 $12.5k785 shares +13%
2023-06-05 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 110 $15.55 $1.7k110 shares +2%
2023-06-02 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 365 $15.50 $5.7k365 shares +4%
2023-06-02 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 105 $15.30 $1.6k105 shares +2%
2023-05-31 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 1,100 $15.25 $16.8k1.1k shares +13%
2023-05-31 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 1,000 $15.23 $15.2k1.0k shares +20%
2023-05-31 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 1,000 $15.10 $15.1k1.0k shares +20%
2023-05-24 Smith Gerald F JR Director · By The Smith 2012 GST Trust uad 12/03/2012 Bought 1,100 $15.20 $16.7k1.1k shares +28%
2023-05-24 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 876 $15.25 $13.4k876 shares +12%
2023-05-24 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 600 $15.25 $9.2k600 shares +14%
2023-05-23 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 14 $15.15 $21214 shares +<1%
2023-05-22 WILKINS III JAMES R Director · By GSW Holdings, LLC Bought 1,000 $14.65 $14.7k1.0k shares +12%
2023-05-22 WILKINS III JAMES R Director · By LTW Holdings, LLC Bought 1,000 $14.65 $14.7k1.0k shares +16%
2023-05-22 WILKINS III JAMES R Director · By JRWIV Holdings, LLC Bought 961 $14.65 $14.1k961 shares +14%
2023-05-22 Smith Gerald F JR Director · By The Smith 2012 Spousal Trust uad 12/03/2012 Bought 900 $14.93 $13.4k900 shares +26%
2023-05-22 WILKINS III JAMES R Director · By IBW Holdings, LLC Bought 20 $14.65 $29320 shares +<1%
2023-05-22 Smith Gerald F JR Director · By G. F. Smith Jr. Revocable Trust Bought 10 $14.60 $14610 shares +<1%

The latest 30 of 53 trades.

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 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fourthstone LLC 2.74% of their portfolio ST LOUIS, MO 624,426624.4k $10.3m $10.3m 2.74% Added +12.5k +12,463
2 Siena Capital Partners GP, LLC 1.82% of their portfolio EVANSTON, IL 316,343316.3k $5.2m $5.2m 1.82% Unchanged
3 Petiole USA ltd 5.04% of their portfolio New York, NY 311,440311.4k $5.1m $5.1m 5.04% Unchanged
4 BANC FUNDS CO LLC 0.43% of their portfolio CHICAGO, IL 223,120223.1k $3.7m $3.7m 0.43% Unchanged
5 Cutler Capital Management, LLC 1.56% of their portfolio WORCESTER, MA 200,494200.5k $3.3m $3.3m 1.56% Added +3.5k +3,455
6 Coppell Advisory Solutions LLC 0.66% of their portfolio COPPELL, TX 150,512150.5k $2.3m $2.3m 0.66% Added +122.7k +122,741
7 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 66,37266.4k $1.1m $1.1m 0.00% Unchanged
8 Graves Light Lenhart Wealth, Inc. 0.15% of their portfolio HARRISONBURG, VA 65,63765.6k $1.1m $1.1m 0.15% Reduced -12.0k -12,000
9 River Oaks Capital LLC 1.21% of their portfolio Wayzata, MN 48,05848.1k $794.4k $794.4k 1.21% Reduced -99 -99
10 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio HOUSTON, TX 43,13543.1k $716.5k $716.5k 0.02% Added +310 +310
11 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 38,38738.4k $637.6k $637.6k 0.00% Added +6.9k +6,867
12 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 19,48019.5k $322.0k $322.0k 0.00% Unchanged
13 RFG Advisory, LLC 0.01% of their portfolio BIRMINGHAM, AL 19,01619.0k $314.3k $314.3k 0.01% Unchanged
14 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 17,87017.9k $295.0k $295.0k 0.00% New
15 BlackRock Inc. 0.00% of their portfolio New York, NY 17,53817.5k $289.9k $289.9k 0.00% Added +869 +869
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 16,79116.8k $277.6k $277.6k 0.00% Reduced -296 -296
17 GRACE & WHITE INC /NY 0.04% of their portfolio NY, NY 14,58714.6k $241.1k $241.1k 0.04% Unchanged
18 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,50511.5k $191.1k $191.1k 0.00% Unchanged
19 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio RICHMOND, VA 2,2082.2k $36.5k $36.5k 0.00% Unchanged
20 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 996996 $16.5k $16.5k 0.00% Added +447 +447
21 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 768768 $12.7k $12.7k 0.00% Added +668 +668
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 738738 $12.2k $12.2k 0.00% Reduced -3.3k -3,278
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 392392 $6.0k $6.0k 0.00% Added +118 +118
24 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 202202 $3.7k $3.7k 0.00% New
25 THOMPSON SIEGEL & WALMSLEY LLC 0.00% of their portfolio RICHMOND, VA 100100 $2.0k $2.0k 0.00% Unchanged
26 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged