Vault-13

NATIONAL BANKSHARES INC VA NKSH

COM · Common Stock · CUSIP 634865109

63 institutional holders +2 vs Q1 2023
1,669,5021.7m shares reported held*
28.3% of all shares outstanding*
$48.7mreported value*
14 new 21 added 10 reduced 14 sold out net bought ≈ $6.0m (+206.1k 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. Holder counts are more reliable. Shares outstanding: 5.9m as of 2023-08-09, 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 ≈ $29.17.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0255075Q3 22: 52Q4 22: 59Q1 23: 61Q2 23: 6363Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202252
Q4 202259
Q1 202361
Q2 202363

Buyers vs sellers

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

Bought or addedCut or sold out
40040Q4 22: 24 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 28 bought or addedQ1 23: 19 cut or sold outQ1 23Q2 23: 35 bought or addedQ2 23: 24 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20222414
Q1 20232819
Q2 20233524

Biggest buyers

BlackRock Inc. Added +244,683+244.7k
GEODE CAPITAL MANAGEMENT, LLC Added +57,989+58.0k
STATE STREET CORP Added +43,781+43.8k
NORTHERN TRUST CORP Added +35,269+35.3k
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Added +26,960+27.0k
VANGUARD GROUP INC Added +22,583+22.6k
CHARLES SCHWAB INVESTMENT MANAGEMENT INC New +15,718+15.7k
Bank of New York Mellon Corp Added +13,729+13.7k
LPL Financial LLC Added +12,429+12.4k
Nuveen Asset Management, LLC New +7,827+7.8k

Biggest sellers

Rhino Investment Partners, Inc Sold out -76,306-76.3k
MILLENNIUM MANAGEMENT LLC Sold out -57,551-57.6k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -38,325-38.3k
ROYCE & ASSOCIATES LP Reduced -29,133-29.1k
JANE STREET GROUP, LLC Sold out -15,672-15.7k
HRT FINANCIAL LP Sold out -14,240-14.2k
Manchester Capital Management LLC Sold out -13,000-13.0k
Qube Research & Technologies Ltd Sold out -12,177-12.2k
GOLDMAN SACHS GROUP INC Sold out -10,554-10.6k
Quadrature Capital Ltd Sold out -7,359-7.4k

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: VANGUARD GROUP INC (0.0%, 2026-03-27)

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
10010Q3 21: 0 buyingQ3 21: 0 sellingQ4 21: 1 buyingQ4 21: 0 sellingQ4 21Q1 22: 1 buyingQ1 22: 0 sellingQ2 22: 7 buyingQ2 22: 0 sellingQ2 22Q3 22: 0 buyingQ3 22: 0 sellingQ4 22: 0 buyingQ4 22: 0 sellingQ4 22Q1 23: 6 buyingQ1 23: 0 sellingQ2 23: 6 buyingQ2 23: 0 sellingQ2 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20210—0——
Q4 20211$26.6k0——
Q1 20221$18.4k0——
Q2 20227$118.3k0——
Q3 20220—0——
Q4 20220—0——
Q1 20236$206.9k0——
Q2 20236$218.4k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-05-22 DENARDO F BRAD Chairman, President & CEO, director Bought 546 $27.39 $15.0k546 shares +3%
2023-05-18 BALL LAWRENCE J Director Bought 1,000 $28.69 $28.7k1.0k shares +6%
2023-05-09 BALL LAWRENCE J Director Bought 1,000 $27.96 $28.0k1.0k shares +7%
2023-05-09 Dye Michael E Director Bought 325 $27.88 $9.1k325 shares +9%
2023-05-04 Fitzwater Norman V III Director Bought 250 $28.50 $7.1k250 shares +3%
2023-05-02 Sanders Bobby D. II SVP/Chief Credit Officer Bought 150 $27.50 $4.1k150 shares +20%
2023-04-27 Dye Michael E Director Bought 200 $30.33 $6.1k200 shares +6%
2023-04-26 Sanders Bobby D. II SVP/Chief Credit Officer Bought 150 $29.75 $4.5k150 shares +24%
2023-04-24 Dooley John Elliott Director Bought 1,300 $32.25 $41.9k1.3k shares +12%
2023-04-24 Fitzwater Norman V III Director Bought 1,000 $32.59 $32.6k1.0k shares +14%
2023-04-24 BALL LAWRENCE J Director Bought 1,000 $32.00 $32.0k1.0k shares +7%
2023-04-24 Sanders Bobby D. II SVP/Chief Credit Officer Bought 300 $31.51 $9.5k300 shares +96%

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 BlackRock Inc. 0.00% of their portfolio New York, NY 368,240368.2k $10.7m $10.7m 0.00% Added +244.7k +244,683
2 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 309,051309.1k $9.0m $9.0m 0.00% Added +22.6k +22,583
3 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 114,999115.0k $3.4m $3.4m 0.00% Added +58.0k +57,989
4 BRANDES INVESTMENT PARTNERS, LP 0.06% of their portfolio LA JOLLA, CA 106,624106.6k $3.1m $3.1m 0.06% Added +4.2k +4,152
5 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 99,41199.4k $2.9m $2.9m 0.00% Added +6.3k +6,287
6 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.01% of their portfolio Los Angeles, CA 85,20285.2k $2.5m $2.5m 0.01% Added +27.0k +26,960
7 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 67,25667.3k $2.0m $2.0m 0.00% Added +43.8k +43,781
8 RBF Capital, LLC 0.09% of their portfolio RENO, NV 50,00050.0k $1.5m $1.5m 0.09% Unchanged
9 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 48,98149.0k $1.4m $1.4m 0.00% Added +35.3k +35,269
10 ROYCE & ASSOCIATES LP 0.01% of their portfolio New York, NY 29,86929.9k $871.9k $871.9k 0.01% Reduced -29.1k -29,133
11 ACADIAN ASSET MANAGEMENT LLC 0.00% of their portfolio Boston, MA 29,16229.2k $850.0k $850.0k 0.00% Reduced -4.5k -4,467
12 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 27,75327.8k $810.1k $810.1k 0.00% Added +12.4k +12,429
13 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 27,67027.7k $808.0k $808.0k 0.00% Reduced -1.3k -1,300
14 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 25,12725.1k $733.5k $733.5k 0.00% Added +13.7k +13,729
15 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 24,80924.8k $724.0k $724.0k 0.00% Unchanged
16 KENNEDY CAPITAL MANAGEMENT LLC 0.02% of their portfolio ST LOUIS, MO 22,55622.6k $658.4k $658.4k 0.02% Added +3.6k +3,597
17 Taylor Hoffman Wealth Management 0.26% of their portfolio Richmond, VA 18,15018.1k $529.8k $529.8k 0.26% Unchanged
18 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 15,71815.7k $458.8k $458.8k 0.00% New
19 Marotta Asset Management 0.10% of their portfolio CHARLOTTESVILLE, VA 15,20715.2k $443.9k $443.9k 0.10% First filing
20 Partners in Financial Planning 0.11% of their portfolio SALEM, VA 14,88214.9k $434.4k $434.4k 0.11% Added +1.3k +1,300
21 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 14,41614.4k $420.8k $420.8k 0.00% Reduced -4.1k -4,093
22 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 11,76311.8k $343.4k $343.4k 0.02% Unchanged
23 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 11,10511.1k $324.2k $324.2k 0.00% Unchanged
24 SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio BALA CYNWYD, PA 10,00510.0k $292.0k $292.0k 0.01% Reduced -7.4k -7,354
25 Carson Advisory Inc. 0.25% of their portfolio ATHENS, GA 10,00010.0k $291.9k $291.9k 0.25% Unchanged
26 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 9,1579.2k $267.3k $267.3k 0.00% Unchanged
27 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 8,8748.9k $260.0k $260.0k 0.00% Added +2.5k +2,474
28 Nuveen Asset Management, LLC 0.00% of their portfolio CHICAGO, IL 7,8277.8k $228.5k $228.5k 0.00% New
29 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 7,1307.1k $209.0k $209.0k 0.00% Added +930 +930
30 Eagle Ridge Investment Management 0.02% of their portfolio STAMFORD, CT 7,0557.1k $205.9k $205.9k 0.02% Unchanged
31 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 6,9206.9k $202.0k $202.0k 0.00% Unchanged
32 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 5,9375.9k $173.3k $173.3k 0.00% Reduced -7.2k -7,243
33 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 5,6215.6k $164.1k $164.1k 0.00% New
34 Geneos Wealth Management Inc. 0.01% of their portfolio ENGLEWOOD, CO 5,4345.4k $158.6k $158.6k 0.01% Unchanged
35 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 4,4884.5k $131.0k $131.0k 0.00% Reduced -2.3k -2,332
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 4,1854.2k $122.2k $122.2k 0.00% Added +2.5k +2,484
37 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,8503.9k $112.3k $112.3k 0.00% Added +282 +282
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 3,7573.8k $109.7k $109.7k 0.00% Added +2.1k +2,070
39 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 3,1183.1k $91.0k $91.0k 0.00% New
40 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,1003.1k $90.5k $90.5k 0.00% New
41 M&R CAPITAL MANAGEMENT INC 0.02% of their portfolio SUMMIT, NJ 3,0723.1k $89.7k $89.7k 0.02% Unchanged
42 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 3,0003.0k $87.6k $87.6k 0.01% Unchanged
43 AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio New York, NY 2,7812.8k $81.2k $81.2k 0.00% New
44 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 2,6022.6k $76.0k $76.0k 0.00% Added +1.6k +1,602
45 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,4992.5k $72.9k $72.9k 0.00% Added +109 +109
46 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 1,9221.9k $56.1k $56.1k 0.00% New
47 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 1,7191.7k $50.2k $50.2k 0.00% Reduced -5.3k -5,323
48 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 1,5001.5k $43.8k $43.8k 0.00% New
49 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 1,1581.2k $33.8k $33.8k 0.00% Added +254 +254
50 COMERICA BANK 0.00% of their portfolio DALLAS, TX 1,1451.1k $24 $24 0.00% First filing
51 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 568568 $16.6k $16.6k 0.00% Added +158 +158
52 AMALGAMATED BANK 0.00% of their portfolio NEW YORK, NY 562562 $16.0k $16.0k 0.00% New
53 Legal & General Group Plc 0.00% of their portfolio London, X0 549549 $16.0k $16.0k 0.00% New
54 EARNEST PARTNERS LLC 0.00% of their portfolio ATLANTA, GA 500500 $14.6k $14.6k 0.00% Unchanged
55 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 477477 $13.9k $13.9k 0.00% New
56 Metropolitan Life Insurance Co/NY 0.00% of their portfolio New York, NY 323323 $9.4k $9.4k 0.00% New
57 CANADA LIFE ASSURANCE Co 0.00% of their portfolio WINNIPEG, A2 313313 $9.0k $9.0k 0.00% Reduced -108 -108
58 CARY STREET PARTNERS INVESTMENT ADVISORY LLC 0.00% of their portfolio RICHMOND, VA 169169 $4.9k $4.9k 0.00% Unchanged
59 FMR LLC 0.00% of their portfolio BOSTON, MA 164164 $4.8k $4.8k 0.00% Reduced -288 -288
60 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 5050 $1.5k $1.5k 0.00% Unchanged
61 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 1515 $438 $438 0.00% New
62 TUCKER ASSET MANAGEMENT LLC 0.00% of their portfolio LITTLETON, CO 55 $150 $150 0.00% New
63 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged