FIRST NATL CORP VA FXNC
COM · Common Stock · CUSIP 32106V107
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersStrasburg, VA
- 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 ($195.3k this quarter). Holder counts are more reliable. Shares outstanding: 6.3m as of 2024-08-09, 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 ≈ $15.19.
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 27 |
| Q4 2022 | 29 |
| Q1 2023 | 27 |
| Q2 2023 | 26 |
| Q3 2023 | 28 |
| Q4 2023 | 28 |
| Q1 2024 | 29 |
| Q2 2024 | 28 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 11 | 10 |
| Q1 2023 | 4 | 11 |
| Q2 2023 | 11 | 6 |
| Q3 2023 | 8 | 9 |
| Q4 2023 | 16 | 10 |
| Q1 2024 | 10 | 11 |
| Q2 2024 | 9 | 11 |
Biggest buyers
| Wealthcare Advisory Partners LLC | New | +14.5k |
| Fourthstone LLC | Added | +5.0k |
| Cutler Capital Management, LLC | Added | +1.7k |
| DIMENSIONAL FUND ADVISORS LP | Added | +1.6k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.1k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | Added | +900 |
| BlackRock Inc. | Added | +542 |
| BANK OF AMERICA CORP /DE/ | New | +42 |
| INNEALTA CAPITAL, LLC | New | +29 |
Biggest sellers
| Qube Research & Technologies Ltd | Reduced | -12.1k |
| Empowered Funds, LLC | Reduced | -11.1k |
| NORTHERN TRUST CORP | Sold out | -10.1k |
| BANC FUNDS CO LLC | Reduced | -8.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | -2.8k |
| CITIGROUP INC | Reduced | -912 |
| MORGAN STANLEY | Reduced | -203 |
| UBS Group AG | Sold out | -90 |
| OSAIC HOLDINGS, INC. | Sold out | -53 |
| WELLS FARGO & COMPANY/MN | Reduced | -41 |
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.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution new · filed 2026-07-28 | 5.6% |
Fell to 5% or below in the last year: Fourthstone LLC (0.0%, 2026-08-14)
Insider purchases and sales in Q2 2024
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 2022 | 3 | $64.9k | 0 | — | — |
| Q4 2022 | 0 | — | 1 | $85.2k | — |
| Q1 2023 | 0 | — | 0 | — | — |
| Q2 2023 | 5 | $647.5k | 0 | — | — |
| Q3 2023 | 2 | $316.6k | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 5 | $486.9k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-28 | WILKINS III JAMES R Director | Bought | $48232 shares |
| 2024-06-27 | WILKINS III JAMES R Director | Bought | $7.5k500 shares |
| 2024-06-26 | WILKINS III JAMES R Director | Bought | $5.8k388 shares |
| 2024-06-25 | WILKINS III JAMES R Director | Bought | $13.2k886 shares |
| 2024-06-20 | WILKINS III JAMES R Director | Bought | $12.1k800 shares |
| 2024-06-18 | WILKINS III JAMES R Director | Bought | $19.8k1.3k shares |
| 2024-06-17 | WILKINS III JAMES R Director | Bought | $10.8k716 shares |
| 2024-06-14 | WILKINS III JAMES R Director | Bought | $30.7k2.0k shares |
| 2024-06-12 | WILKINS III JAMES R Director | Bought | $26.3k1.7k shares |
| 2024-06-11 | WILKINS III JAMES R Director | Bought | $53.9k3.5k shares |
| 2024-06-10 | WILKINS III JAMES R Director · By IBW Holdings, LLC | Bought | $15.2k985 shares |
| 2024-06-10 | WILKINS III JAMES R Director · By GSW Holdings, LLC | Bought | $14.5k939 shares |
| 2024-06-10 | WILKINS III JAMES R Director · By LTW Holdings, LLC | Bought | $14.0k904 shares |
| 2024-06-10 | WILKINS III JAMES R Director · By JRWIV Holdings, LLC | Bought | $10.1k650 shares |
| 2024-06-06 | WILKINS III JAMES R Director · By IBW Holdings, LLC | Bought | $17011 shares |
| 2024-06-05 | WILKINS III JAMES R Director · By LTW Holdings, LLC | Bought | $7.8k500 shares |
| 2024-06-05 | WILKINS III JAMES R Director · By JRWIV Holdings, LLC | Bought | $7.4k475 shares |
| 2024-06-05 | WILKINS III JAMES R Director · By IBW Holdings, LLC | Bought | $6.2k400 shares |
| 2024-06-04 | WILKINS III JAMES R Director · By GSW Holdings, LLC | Bought | $7.8k500 shares |
| 2024-06-04 | WILKINS III JAMES R Director · By JRWIV Holdings, LLC | Bought | $7.8k500 shares |
| 2024-06-04 | WILKINS III JAMES R Director · By LTW Holdings LLC | Bought | $624 shares |
| 2024-06-03 | WILKINS III JAMES R Director · By IBW Holdings, LLC | Bought | $7.8k500 shares |
| 2024-06-03 | WILKINS III JAMES R Director · By LTW Holdings, LLC | Bought | $5.5k350 shares |
| 2024-05-30 | WILKINS III JAMES R Director · By JRWIV Holdings, LLC | Bought | $28018 shares |
| 2024-05-29 | WILKINS III JAMES R Director · By IBW Holdings, LLC | Bought | $1.6k104 shares |
| 2024-05-24 | WILKINS III JAMES R Director · By LTW Holdings, LLC | Bought | $3.8k242 shares |
| 2024-05-17 | WILKINS III JAMES R Director · By GSW Holdings, LLC | Bought | $8.7k561 shares |
| 2024-05-17 | WILKINS III JAMES R Director · By JRWIV Holdings, LLC | Bought | $4.0k259 shares |
| 2024-05-15 | WILKINS III JAMES R Director | Bought | $32.5k2.1k shares |
| 2024-05-14 | WILKINS III JAMES R Director | Bought | $19.4k1.3k shares |
The latest 30 of 38 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 2024
| Manager | Shares | Change |
|---|---|---|
| Fourthstone LLC 3.03% of their portfolio | 625.7k $9.5m | Added +5.0k |
| Siena Capital Partners GP, LLC 1.58% of their portfolio | 316.3k $4.8m | Unchanged |
| Petiole USA ltd 3.97% of their portfolio | 311.4k $4.7m | Unchanged |
| VANGUARD GROUP INC 0.00% of their portfolio | 246.2k $3.7m | Unchanged |
| Cutler Capital Management, LLC 1.20% of their portfolio | 202.8k $3.1m | Added +1.7k |
| BANC FUNDS CO LLC 0.31% of their portfolio | 174.2k $2.6m | Reduced -8.0k |
| Graves Light Lenhart Wealth, Inc. 0.11% of their portfolio | 65.6k $997.0k | Unchanged |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 46.7k $708.8k | Added +900 |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 46.6k $708.2k | Added +1.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 36.3k $551.0k | Unchanged |
| De Lisle Partners LLP 0.08% of their portfolio | 25.4k $384.1k | Unchanged |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 19.5k $295.9k | Unchanged |
| RFG Advisory, LLC 0.01% of their portfolio | 19.0k $288.9k | Unchanged |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 18.9k $286.7k | Reduced -2.8k |
| Wealthcare Advisory Partners LLC 0.01% of their portfolio | 14.5k $220.7k | New |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 13.9k $210.9k | Added +1.6k |
| Empowered Funds, LLC 0.00% of their portfolio | 12.9k $195.3k | Reduced -11.1k |
| BlackRock Inc. 0.00% of their portfolio | 12.8k $195.0k | Added +542 |
| STATE STREET CORP 0.00% of their portfolio | 11.4k $173.2k | Unchanged |
| GRACE & WHITE INC /NY 0.03% of their portfolio | 10.5k $159.2k | Unchanged |
| CWM, LLC 0.00% of their portfolio | 10.3k $157.0k | Unchanged |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 2.2k $33.0k | Reduced -41 |
| CITIGROUP INC 0.00% of their portfolio | 1.9k $29.0k | Reduced -912 |
| MORGAN STANLEY 0.00% of their portfolio | 100 $1.5k | Reduced -203 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 42 $638 | New |
| INNEALTA CAPITAL, LLC 0.00% of their portfolio | 29 $441 | New |
| Qube Research & Technologies Ltd 0.00% of their portfolio | 2 $30 | Reduced -12.1k |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Unchanged |