Vault-13

VIRGINIA NATL BANKSHARES COR VABK

COM · Common Stock · CUSIP 928031103

51 institutional holders +4 vs Q4 2022
1,790,2591.8m shares reported held*
33.5% of all shares outstanding*
$64.2mreported value*
7 new 13 added 10 reduced 3 sold out net bought ≈ $2.2m (+61.8k 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: 5.3m as of 2023-03-27, 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 ≈ $35.88.

Trends to Q1 2023

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 41Q4 22: 47Q1 23: 5151Q3 22Q4 22Q1 23
Numbers
QuarterHolders
Q3 202241
Q4 202247
Q1 202351

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q4 22: 14 bought or addedQ4 22: 9 cut or sold outQ4 22Q1 23: 20 bought or addedQ1 23: 13 cut or sold outQ1 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022149
Q1 20232013

Biggest buyers

Biggest sellers

FJ Capital Management LLC Sold out -41,468-41.5k
BHZ CAPITAL MANAGEMENT, LP Sold out -18,168-18.2k
BANC FUNDS CO LLC Reduced -12,576-12.6k
ROYCE & ASSOCIATES LP Reduced -11,869-11.9k
Fourthstone LLC Reduced -10,796-10.8k
HRT FINANCIAL LP Reduced -5,130-5.1k
ACADIAN ASSET MANAGEMENT LLC Sold out -787-787
DAVENPORT & Co LLC Reduced -770-770
UNITED CAPITAL FINANCIAL ADVISORS, LLC Reduced -749-749
Heritage Wealth Advisors Reduced -450-450

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
ENDEAVOUR CAPITAL ADVISORS INC 13G · institution new · filed 2026-05-15 5.5% new 298.8k≈ $13.3m 2026-05-15

Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27)

Insider purchases and sales in Q1 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
404Q2 21: 0 buyingQ2 21: 0 sellingQ3 21: 0 buyingQ3 21: 0 sellingQ3 21Q4 21: 2 buyingQ4 21: 0 sellingQ1 22: 1 buyingQ1 22: 0 sellingQ1 22Q2 22: 4 buyingQ2 22: 0 sellingQ3 22: 4 buyingQ3 22: 0 sellingQ3 22Q4 22: 0 buyingQ4 22: 0 sellingQ1 23: 1 buyingQ1 23: 0 sellingQ1 23
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q2 20210—0——
Q3 20210—0——
Q4 20212$72.9k0——
Q1 20221$8.0k0——
Q2 20224$122.2k0——
Q3 20224$144.2k0——
Q4 20220—0——
Q1 20231$11.8k0——
DateInsiderTradeSharesPrice ValueTheir holding
2023-02-22 Keyser Jay B Director · By Revocable Trust Bought 300 $39.50 $11.8k300 shares +15%

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, Q1 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 224,407224.4k $8.1m $8.1m 0.00% Added +31.5k +31,530
2 ENDEAVOUR CAPITAL ADVISORS INC 3.37% of their portfolio GREENWICH, CT 204,387204.4k $7.3m $7.3m 3.37% Added +9.9k +9,922
3 ROYCE & ASSOCIATES LP 0.07% of their portfolio New York, NY 186,581186.6k $6.7m $6.7m 0.07% Reduced -11.9k -11,869
4 Fourthstone LLC 2.00% of their portfolio ST LOUIS, MO 158,333158.3k $5.7m $5.7m 2.00% Reduced -10.8k -10,796
5 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 136,064136.1k $4.9m $4.9m 0.00% Unchanged
6 STRATEGIC VALUE BANK PARTNERS LLC 2.72% of their portfolio CLEVELAND, OH 128,953129.0k $4.6m $4.6m 2.72% Unchanged
7 Elizabeth Park Capital Advisors, Ltd. 2.27% of their portfolio PEPPER PIKE, OH 98,07698.1k $3.5m $3.5m 2.27% Unchanged
8 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 66,34866.3k $2.4m $2.4m 0.00% Reduced -370 -370
9 SALZHAUER MICHAEL 1.63% of their portfolio NEW YORK, NY 49,78749.8k $1.8m $1.8m 1.63% Unchanged
10 Cerity Partners LLC 0.00% of their portfolio NEW YORK, NY 48,17748.2k $1.6m $1.6m 0.00% Unchanged
11 RAFFLES ASSOCIATES LP 1.98% of their portfolio NEW YORK, NY 40,34440.3k $1.5m $1.5m 1.98% Unchanged
12 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 37,45937.5k $1.3m $1.3m 0.00% Added +2.1k +2,150
13 BlackRock Inc. 0.00% of their portfolio New York, NY 36,99237.0k $1.3m $1.3m 0.00% Reduced -100 -100
14 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 34,87434.9k $1.3m $1.3m 0.00% New
15 GRACE & WHITE INC /NY 0.24% of their portfolio NY, NY 34,27934.3k $1.2m $1.2m 0.24% Unchanged
16 BROWN ADVISORY INC 0.00% of their portfolio BALTIMORE, MD 29,40529.4k $1.1m $1.1m 0.00% Unchanged
17 BANC FUNDS CO LLC 0.10% of their portfolio CHICAGO, IL 26,78126.8k $963.0k $963.0k 0.10% Reduced -12.6k -12,576
18 LOWE BROCKENBROUGH & CO INC 0.06% of their portfolio RICHMOND, VA 22,00022.0k $791.1k $791.1k 0.06% New
19 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 20,28320.3k $729.4k $729.4k 0.00% Added +13.0k +13,026
20 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 18,62818.6k $669.9k $669.9k 0.00% Unchanged
21 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 16,01216.0k $575.8k $575.8k 0.00% Added +2.4k +2,363
22 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 15,87115.9k $570.7k $570.7k 0.00% Added +6.8k +6,800
23 Atlantic Union Bankshares Corp 0.05% of their portfolio GLEN ALLEN, VA 14,06914.1k $505.9k $505.9k 0.05% Unchanged
24 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 13,92913.9k $500.9k $500.9k 0.00% Added +2.3k +2,317
25 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 13,51313.5k $485.9k $485.9k 0.00% New
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 12,54312.5k $451.0k $451.0k 0.00% Added +5.9k +5,858
27 DUDLEY CAPITAL MANAGEMENT, LLC 0.28% of their portfolio Middleburg, VA 11,04311.0k $397.1k $397.1k 0.28% Unchanged
28 AVENIR CORP 0.04% of their portfolio ALEXANDRIA, VA 10,80010.8k $388.4k $388.4k 0.04% Unchanged
29 Fayez Sarofim & Co 0.00% of their portfolio Houston, TX 9,7199.7k $349.5k $349.5k 0.00% Unchanged
30 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 8,9218.9k $320.8k $320.8k 0.00% Added +380 +380
31 DAVENPORT & Co LLC 0.00% of their portfolio RICHMOND, VA 8,3308.3k $299.5k $299.5k 0.00% Reduced -770 -770
32 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 8,2548.3k $296.0k $296.0k 0.00% Reduced -5.1k -5,130
33 INVESTMENT MANAGEMENT OF VIRGINIA LLC 0.05% of their portfolio RICHMOND, VA 7,7627.8k $279.1k $279.1k 0.05% Unchanged
34 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 7,1737.2k $257.9k $257.9k 0.00% New
35 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio IRVING, TX 6,9126.9k $248.6k $248.6k 0.00% Reduced -749 -749
36 BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio HOUSTON, TX 5,6875.7k $204.5k $204.5k 0.01% New
37 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 5,4005.4k $194.0k $194.0k 0.00% New
38 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 4,1554.2k $149.4k $149.4k 0.00% Added +1.2k +1,157
39 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 2,9002.9k $104.3k $104.3k 0.00% Unchanged
40 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 1,2591.3k $45.3k $45.3k 0.00% Added +584 +584
41 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,0571.1k $38.0k $38.0k 0.00% Unchanged
42 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 637637 $23.0k $23.0k 0.00% Added +15 +15
43 UBS Group AG 0.00% of their portfolio ZURICH, V8 624624 $22.4k $22.4k 0.00% Added +250 +250
44 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 540540 $19.4k $19.4k 0.00% Unchanged
45 Heritage Wealth Advisors 0.00% of their portfolio RICHMOND, VA 442442 $15.9k $15.9k 0.00% Reduced -450 -450
46 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 220220 $7.9k $7.9k 0.00% Unchanged
47 TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio LEESBURG, VA 168168 $6.0k $6.0k 0.00% Unchanged
48 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 8989 $3.2k $3.2k 0.00% New
49 Glen Eagle Advisors, LLC 0.00% of their portfolio KINGSTON, NJ 4141 $1.5k $1.5k 0.00% Unchanged
50 Geneos Wealth Management Inc. 0.00% of their portfolio ENGLEWOOD, CO 3030 $1.1k $1.1k 0.00% Unchanged
51 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 11 $0 $0 0.00% Reduced -76 -76