VIRGINIA NATL BANKSHARES COR VABK
COM · Common Stock · CUSIP 928031103
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersCharlottesville, 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. Holder counts are more reliable. Shares outstanding: 5.4m as of 2023-08-10, 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 ≈ $32.14.
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 41 |
| Q4 2022 | 47 |
| Q1 2023 | 51 |
| Q2 2023 | 62 |
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 | 14 | 9 |
| Q1 2023 | 20 | 13 |
| Q2 2023 | 32 | 16 |
Biggest buyers
| VANGUARD GROUP INC | Added | +220.8k |
| BlackRock Inc. | Added | +209.6k |
| Meridian Financial Partners LLC | New | +130.7k |
| STRATEGIC VALUE BANK PARTNERS LLC | Added | +129.0k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +52.4k |
| STATE STREET CORP | Added | +36.8k |
| NORTHERN TRUST CORP | Added | +29.1k |
| Bank of New York Mellon Corp | New | +13.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | New | +13.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +8.0k |
Biggest sellers
| Fourthstone LLC | Sold out | -158.3k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -33.9k |
| BROWN ADVISORY INC | Sold out | -29.4k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -27.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Sold out | -15.9k |
| RAFFLES ASSOCIATES LP | Reduced | -14.5k |
| JANE STREET GROUP, LLC | Sold out | -13.5k |
| HRT FINANCIAL LP | Sold out | -8.3k |
| Qube Research & Technologies Ltd | Sold out | -7.2k |
| MORGAN STANLEY | Reduced | -6.7k |
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 |
|---|---|
| ENDEAVOUR CAPITAL ADVISORS INC 13G · institution new · filed 2026-05-15 | 5.5% |
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)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 2 | $72.9k | 0 | — | — |
| Q1 2022 | 1 | $8.0k | 0 | — | — |
| Q2 2022 | 4 | $122.2k | 0 | — | — |
| Q3 2022 | 4 | $144.2k | 0 | — | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 1 | $11.8k | 0 | — | — |
| Q2 2023 | 7 | $196.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-05-11 | ADAMS JOHN BUCHANAN JR Director | Bought | $5.1k170 shares |
| 2023-05-10 | CARTER KEVIN T Director | Bought | $6.3k210 shares |
| 2023-05-09 | Keyser Jay B Director · By LLC | Bought | $14.7k500 shares |
| 2023-05-09 | Rust Glenn W President and CEO, director | Bought | $5.0k170 shares |
| 2023-05-05 | Frostick Randolph D Director | Bought | $4.3k140 shares |
| 2023-05-03 | BAYES VIRGINIA R Chief Credit Officer & EVP | Bought | $61.4k2.0k shares |
| 2023-05-03 | Dittmar William D Jr. Director | Bought | $38.0k1.2k shares |
| 2023-05-03 | Rust Glenn W President and CEO, director | Bought | $7.1k229 shares |
| 2023-05-02 | Dittmar William D Jr. Director | Bought | $54.8k1.8k shares |
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
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 287.1k $9.2m | Added +220.8k |
| STRATEGIC VALUE BANK PARTNERS LLC 2.74% of their portfolio | 257.9k $8.3m | Added +129.0k |
| BlackRock Inc. 0.00% of their portfolio | 246.6k $7.9m | Added +209.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 228.2k $7.3m | Added +3.8k |
| ENDEAVOUR CAPITAL ADVISORS INC 2.87% of their portfolio | 204.4k $6.6m | Unchanged |
| ROYCE & ASSOCIATES LP 0.06% of their portfolio | 186.6k $6.0m | Unchanged |
| Meridian Financial Partners LLC 2.51% of their portfolio | 130.7k $4.2m | New |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 102.1k $3.3m | Reduced -33.9k |
| Elizabeth Park Capital Advisors, Ltd. 2.30% of their portfolio | 98.1k $3.2m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 89.9k $2.9m | Added +52.4k |
| STATE STREET CORP 0.00% of their portfolio | 52.8k $1.7m | Added +36.8k |
| Cerity Partners LLC 0.01% of their portfolio | 48.8k $1.6m | Added +633 |
| SALZHAUER MICHAEL 1.60% of their portfolio | 46.0k $1.5m | Reduced -3.8k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 38.0k $1.2m | Added +29.1k |
| GRACE & WHITE INC /NY 0.20% of their portfolio | 34.3k $1.1m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 28.3k $910.6k | Added +8.0k |
| RAFFLES ASSOCIATES LP 1.12% of their portfolio | 25.8k $830.9k | Reduced -14.5k |
| BANC FUNDS CO LLC 0.09% of their portfolio | 23.0k $741.0k | Reduced -3.7k |
| LOWE BROCKENBROUGH & CO INC 0.05% of their portfolio | 22.0k $707.3k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 18.6k $598.9k | Unchanged |
| Atlantic Union Bankshares Corp 0.05% of their portfolio | 14.1k $452.3k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 13.8k $443.7k | New |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 13.3k $428.1k | Added +7.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 13.1k $420.0k | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.2k $393.6k | Reduced -1.7k |
| DUDLEY CAPITAL MANAGEMENT, LLC 0.25% of their portfolio | 11.7k $374.5k | Added +607 |
| AVENIR CORP 0.03% of their portfolio | 10.8k $347.2k | Unchanged |
| Fayez Sarofim & Co 0.00% of their portfolio | 9.7k $312.5k | Unchanged |
| DAVENPORT & Co LLC 0.00% of their portfolio | 8.3k $267.8k | Unchanged |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 7.2k $231.1k | Reduced -27.7k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.00% of their portfolio | 6.9k $222.2k | Unchanged |
| OPPENHEIMER & CO INC 0.00% of their portfolio | 6.6k $212.5k | New |
| MORGAN STANLEY 0.00% of their portfolio | 5.8k $188.0k | Reduced -6.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.5k $178.2k | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 5.5k $176.9k | Added +4.2k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 3.8k $121.0k | Reduced -1.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.3k $106.1k | New |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.9k $93.2k | Unchanged |
| UBS Group AG 0.00% of their portfolio | 2.7k $88.0k | Added +2.1k |
| MetLife Investment Management, LLC 0.00% of their portfolio | 2.7k $86.7k | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 2.3k $73.1k | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 1.6k $50.5k | New |
| CITIGROUP INC 0.00% of their portfolio | 1.4k $45.2k | Reduced -2.7k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.1k $34.0k | Unchanged |
| STRS OHIO 0.00% of their portfolio | 1.0k $32.0k | New |
| BARCLAYS PLC 0.00% of their portfolio | 944 $30.3k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 593 $19.0k | Added +592 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 540 $17.4k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 460 $15.0k | New |
| Legal & General Group Plc 0.00% of their portfolio | 449 $14.4k | New |
| Heritage Wealth Advisors 0.00% of their portfolio | 442 $14.2k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 390 $12.5k | New |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 279 $9.0k | New |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 234 $7.5k | Reduced -403 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 220 $7.1k | Unchanged |
| TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio | 168 $5.4k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 89 $2.9k | Unchanged |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 41 $1.3k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 30 $965 | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 16 $514 | New |
| 25 LLC 0.00% of their portfolio | 16 $488 | New |
| FMR LLC 0.00% of their portfolio | 2 $64 | New |