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 2024-03-27, 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 ≈ $30.08.
Trends to Q1 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 41 |
| Q4 2022 | 47 |
| Q1 2023 | 51 |
| Q2 2023 | 62 |
| Q3 2023 | 62 |
| Q4 2023 | 64 |
| Q1 2024 | 65 |
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 |
| Q3 2023 | 20 | 21 |
| Q4 2023 | 19 | 22 |
| Q1 2024 | 20 | 18 |
Biggest buyers
| LOWE BROCKENBROUGH & CO INC | New | +17.0k |
| ENDEAVOUR CAPITAL ADVISORS INC | Added | +9.9k |
| Invesco Ltd. | New | +9.4k |
| ALLIANCEBERNSTEIN L.P. | Added | +8.9k |
| JPMORGAN CHASE & CO | Added | +3.8k |
| MORGAN STANLEY | Added | +3.4k |
| STATE STREET CORP | Added | +2.1k |
| DIMENSIONAL FUND ADVISORS LP | Added | +2.1k |
| VANGUARD GROUP INC | Added | +1.8k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +1.2k |
Biggest sellers
| BlackRock Inc. | Reduced | -10.8k |
| BANC FUNDS CO LLC | Sold out | -6.6k |
| BANK OF AMERICA CORP /DE/ | Reduced | -3.5k |
| BARCLAYS PLC | Reduced | -3.2k |
| GOLDMAN SACHS GROUP INC | Reduced | -1.4k |
| ROYAL BANK OF CANADA | Reduced | -1.3k |
| Bank of New York Mellon Corp | Reduced | -956 |
| CITADEL ADVISORS LLC | Reduced | -658 |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Reduced | -540 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | Reduced | -303 |
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 Q1 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 3 | $61.5k | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-02-08 | Keyser Jay B Director · By Revocable Trust | Bought | $14.6k500 shares |
| 2024-02-07 | Wells Gregory L Director | Bought | $27.0k910 shares |
| 2024-02-07 | Rust Glenn W President and CEO, director | Bought | $19.9k685 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 293.8k $8.8m | Added +1.8k |
| BlackRock Inc. 0.00% of their portfolio | 279.0k $8.4m | Reduced -10.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 220.9k $6.7m | Added +22 |
| ENDEAVOUR CAPITAL ADVISORS INC 2.13% of their portfolio | 204.4k $6.2m | Added +9.9k |
| STRATEGIC VALUE BANK PARTNERS LLC 2.54% of their portfolio | 129.0k $3.9m | Unchanged |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 101.5k $3.1m | Added +1.2k |
| Elizabeth Park Capital Advisors, Ltd. 2.45% of their portfolio | 98.1k $3.0m | Unchanged |
| ROYCE & ASSOCIATES LP 0.02% of their portfolio | 89.9k $2.7m | Unchanged |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 66.0k $2.0m | Added +8.9k |
| STATE STREET CORP 0.00% of their portfolio | 55.4k $1.7m | Added +2.1k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 48.4k $1.5m | Reduced -1.4k |
| Cerity Partners LLC 0.00% of their portfolio | 48.2k $1.5m | Added +25 |
| SALZHAUER MICHAEL 0.99% of their portfolio | 41.2k $1.2m | Unchanged |
| NORTHERN TRUST CORP 0.00% of their portfolio | 40.3k $1.2m | Added +502 |
| GRACE & WHITE INC /NY 0.19% of their portfolio | 34.3k $1.0m | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 32.7k $982.9k | Added +2.1k |
| MORGAN STANLEY 0.00% of their portfolio | 26.1k $784.9k | Added +3.4k |
| RAFFLES ASSOCIATES LP 0.90% of their portfolio | 25.8k $777.9k | Unchanged |
| De Lisle Partners LLP 0.18% of their portfolio | 25.1k $758.4k | First filing |
| US BANCORP \DE\ 0.00% of their portfolio | 18.6k $560.7k | Unchanged |
| LOWE BROCKENBROUGH & CO INC 0.03% of their portfolio | 17.0k $511.7k | New |
| Atlantic Union Bankshares Corp 0.04% of their portfolio | 14.9k $448.6k | Added +833 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 13.2k $396.8k | Added +3.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 13.1k $393.2k | Unchanged |
| Bank of New York Mellon Corp 0.00% of their portfolio | 12.8k $386.7k | Reduced -956 |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 12.3k $370.3k | Added +217 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 11.9k $358.0k | Unchanged |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 11.8k $355.8k | Reduced -658 |
| DUDLEY CAPITAL MANAGEMENT, LLC 0.20% of their portfolio | 11.7k $340.1k | Unchanged |
| AVENIR CORP 0.03% of their portfolio | 10.8k $325.1k | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 10.4k $313.0k | Added +500 |
| Fayez Sarofim & Co 0.00% of their portfolio | 9.7k $292.5k | Unchanged |
| Invesco Ltd. 0.00% of their portfolio | 9.4k $283.1k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 5.3k $159.8k | Reduced -300 |
| UBS Group AG 0.00% of their portfolio | 4.8k $144.1k | Added +96 |
| WETZEL INVESTMENT ADVISORS, INC. 0.06% of their portfolio | 3.9k $94.4k | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio | 3.3k $100.5k | Reduced -4 |
| BARCLAYS PLC 0.00% of their portfolio | 3.3k $99.3k | Reduced -3.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 3.2k $96.6k | Reduced -3.5k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 2.9k $87.3k | Unchanged |
| MetLife Investment Management, LLC 0.00% of their portfolio | 2.7k $81.2k | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.00% of their portfolio | 2.3k $70.1k | Reduced -19 |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 2.2k $66.4k | Added +38 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 1.3k $38.9k | Reduced -125 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 1.1k $31.8k | Unchanged |
| CITIGROUP INC 0.00% of their portfolio | 888 $26.7k | Added +215 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 475 $14.3k | Reduced -303 |
| Legal & General Group Plc 0.00% of their portfolio | 449 $13.5k | Unchanged |
| Heritage Wealth Advisors 0.00% of their portfolio | 442 $13.3k | Unchanged |
| Ameritas Investment Partners, Inc. 0.00% of their portfolio | 390 $11.7k | Unchanged |
| Blue Trust, Inc. 0.00% of their portfolio | 337 $10.1k | Unchanged |
| PRINCIPAL SECURITIES, INC. 0.00% of their portfolio | 336 $10.1k | Unchanged |
| Metropolitan Life Insurance Co/NY 0.00% of their portfolio | 279 $8.4k | Unchanged |
| FMR LLC 0.00% of their portfolio | 242 $7.3k | Reduced -15 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 220 $6.6k | Unchanged |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 172 $5.0k | Reduced -1.3k |
| TOTH FINANCIAL ADVISORY CORP 0.00% of their portfolio | 168 $5.1k | Unchanged |
| AMALGAMATED BANK 0.00% of their portfolio | 160 $5.0k | Reduced -253 |
| Salomon & Ludwin, LLC 0.00% of their portfolio | 126 $3.8k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 89 $2.7k | Unchanged |
| Glen Eagle Advisors, LLC 0.00% of their portfolio | 41 $1.2k | Unchanged |
| Geneos Wealth Management Inc. 0.00% of their portfolio | 30 $903 | Unchanged |
| Covestor Ltd 0.00% of their portfolio | 8 $0 | Unchanged |
| Avior Wealth Management, LLC 0.00% of their portfolio | 2 $60 | New |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio | 0 $0 | Reduced -540 |