Vault-13

NATIONAL BANKSHARES INC VA NKSH

COM · Common Stock · CUSIP 634865109

96 institutional holders +4 vs Q1 2026
2,302,7662.3m shares reported held*
36.1% of all shares outstanding*
$83.7mreported value*
19 new 39 added 15 reduced 13 sold out net sold ≈ $992.4k (-27.3k 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 ($16.2k this quarter). Holder counts are more reliable. Shares outstanding: 6.4m as of 2026-08-12, 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 ≈ $36.33.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 52Q4 22: 59Q1 23: 61Q2 23: 63Q3 23: 62Q4 23: 66Q1 24: 67Q2 24: 64Q3 24: 72Q4 24: 73Q1 25: 74Q2 25: 77Q3 25: 86Q4 25: 81Q1 26: 92Q2 26: 9696Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202252
Q4 202259
Q1 202361
Q2 202363
Q3 202362
Q4 202366
Q1 202467
Q2 202464
Q3 202472
Q4 202473
Q1 202574
Q2 202577
Q3 202586
Q4 202581
Q1 202692
Q2 202696

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 24: 29 bought or addedQ3 24: 16 cut or sold outQ4 24: 37 bought or addedQ4 24: 15 cut or sold outQ4 24Q1 25: 28 bought or addedQ1 25: 25 cut or sold outQ2 25: 38 bought or addedQ2 25: 28 cut or sold outQ2 25Q3 25: 45 bought or addedQ3 25: 20 cut or sold outQ4 25: 31 bought or addedQ4 25: 37 cut or sold outQ4 25Q1 26: 37 bought or addedQ1 26: 26 cut or sold outQ2 26: 58 bought or addedQ2 26: 28 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242916
Q4 20243715
Q1 20252825
Q2 20253828
Q3 20254520
Q4 20253137
Q1 20263726
Q2 20265828

Calls vs puts

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

CallsPuts
$0$1m$2m$3m$4mQ3 25 calls: $2.9mQ3 25 puts: $2.9mQ3 25P/C 1.00Q4 25 calls: $3.3mQ4 25 puts: $3.3mQ4 25P/C 1.00Q1 26 calls: $0Q1 26 puts: $0Q1 26P/C —Q2 26 calls: $0Q2 26 puts: $0Q2 26P/C —
Numbers
QuarterCallsPutsP/C
Q3 2025$2.9m$2.9m1.00
Q4 2025$3.3m$3.3m1.00
Q1 2026$0$0—
Q2 2026$0$0—

Biggest buyers

ACADIAN ASSET MANAGEMENT LLC Added +91,641+91.6k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP New +89,238+89.2k
BlackRock, Inc. Added +88,319+88.3k
CITADEL ADVISORS LLC Added +35,796+35.8k
RENAISSANCE TECHNOLOGIES LLC Added +33,690+33.7k
MARSHALL WACE, LLP Added +26,004+26.0k
TWO SIGMA INVESTMENTS, LP New +21,171+21.2k
AQR CAPITAL MANAGEMENT LLC Added +17,696+17.7k
Connor, Clark & Lunn Investment Management Ltd. New +16,087+16.1k
MARTINGALE ASSET MANAGEMENT L P New +15,726+15.7k

Biggest sellers

Fourthstone LLC Sold out -288,567-288.6k
BRANDES INVESTMENT PARTNERS, LP Sold out -193,422-193.4k
Rhino Investment Partners, Inc Sold out -70,353-70.4k
UBS Group AG Reduced -14,283-14.3k
OCCUDO QUANTITATIVE STRATEGIES LP Sold out -10,540-10.5k
MORGAN STANLEY Reduced -7,432-7.4k
ENVESTNET ASSET MANAGEMENT INC Sold out -6,824-6.8k
GTS SECURITIES LLC Sold out -6,800-6.8k
LPL Financial LLC Reduced -6,347-6.3k
JANE STREET GROUP, LLC Sold out -6,117-6.1k

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 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
404Q4 24: 0 buyingQ4 24: 0 sellingQ1 25: 3 buyingQ1 25: 0 sellingQ1 25Q2 25: 3 buyingQ2 25: 0 sellingQ3 25: 0 buyingQ3 25: 0 sellingQ3 25Q4 25: 0 buyingQ4 25: 0 sellingQ1 26: 1 buyingQ1 26: 0 sellingQ1 26Q2 26: 0 buyingQ2 26: 0 sellingQ3 26: 0 buyingQ3 26: 0 sellingQ3 26
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q4 20240—0——
Q1 20253$56.0k0——
Q2 20253$32.4k0——
Q3 20250—0——
Q4 20250—0——
Q1 20261$8.0k0——
Q2 20260—0——
Q3 20260—0——

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BlackRock, Inc. 0.00% of their portfolio New York, NY 529,524529.5k $19.2m $19.2m 0.00% Added +88.3k +88,319
2 VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 268,587268.6k $9.8m $9.8m 0.00% Reduced -1.1k -1,060
3 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 164,939164.9k $6.0m $6.0m 0.00% Added +14.1k +14,134
4 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 147,230147.2k $5.3m $5.3m 0.00% Added +13.0k +12,954
5 ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio Boston, MA 132,595132.6k $4.8m $4.8m 0.01% Added +91.6k +91,641
6 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 91,91791.9k $3.3m $3.3m 0.00% Added +5.8k +5,842
7 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio BOSTON, MA 89,23889.2k $3.2m $3.2m 0.00% New
8 RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio NEW YORK, NY 62,67062.7k $2.3m $2.3m 0.00% Added +33.7k +33,690
9 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 51,84751.8k $1.9m $1.9m 0.00% Added +4.2k +4,204
10 RBF Capital, LLC 0.08% of their portfolio RENO, NV 50,00050.0k $1.8m $1.8m 0.08% Unchanged
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,68345.7k $1.7m $1.7m 0.00% Reduced -6.3k -6,347
12 MARSHALL WACE, LLP 0.00% of their portfolio LONDON, X0 45,50345.5k $1.7m $1.7m 0.00% Added +26.0k +26,004
13 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 43,03843.0k $1.6m $1.6m 0.00% Added +35.8k +35,796
14 VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio MALVERN, PA 42,67142.7k $1.6m $1.6m 0.00% Added +6.7k +6,707
15 VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio MALVERN, PA 42,06242.1k $1.5m $1.5m 0.00% Added +2.2k +2,201
16 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 27,71427.7k $1.0m $1.0m 0.00% Added +7.5k +7,488
17 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 25,09925.1k $911.8k $911.8k 0.00% Added +17.7k +17,696
18 CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio RALEIGH, NC 21,61021.6k $785.1k $785.1k 0.00% Added +224 +224
19 Partners in Financial Planning 0.12% of their portfolio SALEM, VA 21,43121.4k $778.6k $778.6k 0.12% Unchanged
20 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 21,17121.2k $769.1k $769.1k 0.00% New
21 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 20,02920.0k $727.7k $727.7k 0.00% Added +1.7k +1,654
22 Taylor Hoffman Capital Management LLC 0.16% of their portfolio RICHMOND, VA 18,15018.1k $659.4k $659.4k 0.16% Unchanged
23 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 17,16317.2k $623.5k $623.5k 0.00% Added +6.1k +6,130
24 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 16,12216.1k $585.7k $585.7k 0.00% Added +1.7k +1,717
25 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 16,08716.1k $584.4k $584.4k 0.00% New
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 15,89415.9k $577.4k $577.4k 0.00% Reduced -5.6k -5,556
27 MARTINGALE ASSET MANAGEMENT L P 0.01% of their portfolio BOSTON, MA 15,72615.7k $571.3k $571.3k 0.01% New
28 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 14,37614.4k $522.3k $522.3k 0.00% Added +7.2k +7,169
29 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 14,27714.3k $518.7k $518.7k 0.00% Reduced -7.4k -7,432
30 Trexquant Investment LP 0.00% of their portfolio STAMFORD, CT 13,31713.3k $483.8k $483.8k 0.00% New
31 LOS ANGELES CAPITAL MANAGEMENT LLC 0.00% of their portfolio LOS ANGELES, CA 11,55511.6k $419.8k $419.8k 0.00% New
32 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 11,22711.2k $407.9k $407.9k 0.01% New
33 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 11,20611.2k $407.1k $407.1k 0.00% New
34 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 11,04411.0k $401.2k $401.2k 0.00% Added +2.7k +2,725
35 Carson Advisory Inc. 0.17% of their portfolio ATHENS, GA 10,00010.0k $363.3k $363.3k 0.17% Unchanged
36 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 9,8659.9k $358.4k $358.4k 0.00% Added +2.7k +2,747
37 D.A. DAVIDSON & CO. 0.00% of their portfolio GREAT FALLS, MT 9,6309.6k $349.9k $349.9k 0.00% Reduced -500 -500
38 Kingsview Wealth Management, LLC 0.00% of their portfolio GRANTS PASS, OR 9,1519.2k $332.5k $332.5k 0.00% Added +60 +60
39 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 7,5007.5k $272.5k $272.5k 0.02% Unchanged
40 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 7,4217.4k $269.6k $269.6k 0.00% New
41 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 7,4107.4k $269.2k $269.2k 0.00% Added +260 +260
42 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 6,5836.6k $239.2k $239.2k 0.00% Added +4.3k +4,296
43 AdviceOne Advisory Services, LLC 0.13% of their portfolio GLASTONBURY, CT 6,5166.5k $236.7k $236.7k 0.13% Unchanged
44 MINDSET WEALTH MANAGEMENT, LLC 0.05% of their portfolio INDIANAPOLIS, IN 6,4646.5k $234.8k $234.8k 0.05% Unchanged
45 Marotta Asset Management 0.04% of their portfolio CHARLOTTESVILLE, VA 6,4226.4k $239.0k $239.0k 0.04% Unchanged
46 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 6,2716.3k $227.5k $227.5k 0.00% Reduced -777 -777
47 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 6,1676.2k $224.0k $224.0k 0.00% Added +4.0k +3,984
48 STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio MADISON, WI 5,9666.0k $216.7k $216.7k 0.00% New
49 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 5,7875.8k $210.2k $210.2k 0.00% New
50 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 5,5995.6k $203.4k $203.4k 0.00% New
51 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 5,3345.3k $193.8k $193.8k 0.00% Unchanged
52 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 4,5634.6k $165.8k $165.8k 0.00% Added +133 +133
53 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 4,2064.2k $152.8k $152.8k 0.00% Added +11 +11
54 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 3,5803.6k $130.1k $130.1k 0.00% Added +2.8k +2,802
55 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 3,4413.4k $125.0k $125.0k 0.00% Unchanged
56 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 3,1483.1k $114.4k $114.4k 0.00% Unchanged
57 Aspect Partners, LLC 0.04% of their portfolio FAIRFAX, VA 3,1043.1k $112.8k $112.8k 0.04% Unchanged
58 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 3,0313.0k $110.1k $110.1k 0.00% Added +1.4k +1,419
59 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 2,9152.9k $105.9k $105.9k 0.00% Added +2.6k +2,626
60 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 2,9122.9k $105.8k $105.8k 0.00% Reduced -53 -53
61 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,8962.9k $105.2k $105.2k 0.00% Added +30 +30
62 UBS Group AG 0.00% of their portfolio ZURICH, V8 2,6462.6k $96.1k $96.1k 0.00% Reduced -14.3k -14,283
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,6232.6k $96.3k $96.3k 0.00% Added +85 +85
64 Police & Firemen's Retirement System of New Jersey 0.00% of their portfolio TRENTON, NJ 2,5222.5k $91.6k $91.6k 0.00% Added +1.2k +1,224
65 Vanguard Global Advisers, LLC 0.00% of their portfolio MALVERN, PA 2,0572.1k $74.7k $74.7k 0.00% Unchanged
66 Bogart Wealth, LLC 0.00% of their portfolio MCLEAN, VA 2,0022.0k $72.7k $72.7k 0.00% Unchanged
67 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 878878 $31.9k $31.9k 0.00% Reduced -889 -889
68 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 787787 $28.0k $28.0k 0.00% Reduced -5.4k -5,443
69 Legal & General Group Plc 0.00% of their portfolio London, X0 563563 $20.5k $20.5k 0.00% Unchanged
70 Ameritas Investment Partners, Inc. 0.00% of their portfolio LINCOLN, NE 477477 $17.3k $17.3k 0.00% Unchanged
71 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio NEW YORK, NY 350350 $12.7k $12.7k 0.00% Unchanged
72 FMR LLC 0.00% of their portfolio BOSTON, MA 347347 $12.6k $12.6k 0.00% Added +7 +7
73 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 288288 $10.4k $10.4k 0.00% Reduced -16 -16
74 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 200200 $7.3k $7.3k 0.00% Unchanged
75 Sterling Capital Management LLC 0.00% of their portfolio CHARLOTTE, NC 127127 $4.6k $4.6k 0.00% Reduced -79 -79
76 HARBOR CAPITAL ADVISORS, INC. 0.00% of their portfolio CHICAGO, IL 116116 $4.0k $4.0k 0.00% Unchanged
77 Arax Advisory Partners 0.00% of their portfolio NEW YORK, NY 9696 $3.5k $3.5k 0.00% Added +91 +91
78 GAMMA Investing LLC 0.00% of their portfolio FOSTER CITY, CA 8888 $3.2k $3.2k 0.00% Unchanged
79 CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio WEST SACRAMENTO, CA 8787 $3.2k $3.2k 0.00% Reduced -250 -250
80 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 6868 $2.5k $2.5k 0.00% Unchanged
81 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 6565 $2.4k $2.4k 0.00% Added +57 +57
82 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 5050 $1.8k $1.8k 0.00% Unchanged
83 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 3636 $1.3k $1.3k 0.00% Added +24 +24
84 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 3030 $1.1k $1.1k 0.00% New
85 Quarry LP 0.00% of their portfolio NEW YORK, NY 3030 $1.1k $1.1k 0.00% New
86 Essential Partners LLC 0.00% of their portfolio RANCHO SANTA FE, CA 2121 $763 $763 0.00% Reduced -20 -20
87 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 2020 $727 $727 0.00% Added +5 +5
88 ROTHSCHILD INVESTMENT LLC 0.00% of their portfolio CHICAGO, IL 1616 $581 $581 0.00% New
89 Covestor Ltd 0.00% of their portfolio LONDON, X0 1414 $1.0k $1.0k 0.00% Added +2 +2
90 Basecamp Wealth Advisors LLC 0.00% of their portfolio BELLEVUE, WA 77 $254 $254 0.00% Added +4 +4
91 Caitong International Asset Management Co., Ltd 0.00% of their portfolio HONG KONG, K3 55 $182 $182 0.00% New
92 Optiver Holding B.V. 0.00% of their portfolio AMSTERDAM, P7 44 $145 $145 0.00% Reduced -56 -56
93 Fortitude Family Office, LLC 0.00% of their portfolio SCOTTSDALE, AZ 33 $109 $109 0.00% New
94 Wealth Enhancement Trust Services, Inc. 0.00% of their portfolio SIOUX FALLS, SD 33 $109 $109 0.00% New
95 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 11 $36 $36 0.00% Unchanged
96 SJS Investment Consulting Inc. 0.00% of their portfolio SYLVANIA, OH 11 $37 $37 0.00% New