Fourthstone Llc
- Regulatory AUM
- $1.2B
- Discretionary
- $1.2B
- Clients
- 5
- Avg AUM / client
- $244M
- Accounts
- 5
- Employees
- 12
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Investments (13F portfolio — 62 positions, $589,981,611)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | Colony Bankcorp Inc | COM | $41,235,766 | 2,064,886 | 6.99% | 3.38% |
| 2 | Carter Bankshares Inc | COM NEW | $35,029,415 | 1,502,119 | 5.94% | 2.87% |
| 3 | Community West Bancshares Ne | COM | $31,739,377 | 1,362,205 | 5.38% | 2.6% |
| 4 | Avidbank Hldgs Inc | COM | $29,827,587 | 1,046,582 | 5.06% | 2.44% |
| 5 | Coastalsouth Bancshares Inc | COM NEW | $27,061,393 | 1,100,504 | 4.59% | 2.22% |
| 6 | Investar Holding Corp | COM | $22,562,898 | 827,389 | 3.82% | 1.85% |
| 7 | Meridian Corp | COM | $22,283,707 | 1,175,301 | 3.78% | 1.82% |
| 8 | First Natl Corp Va | COM | $20,839,283 | 774,119 | 3.53% | 1.71% |
| 9 | Parke Bancorp Inc | COM | $19,889,912 | 700,349 | 3.37% | 1.63% |
| 10 | Fvcbankcorp Inc | COM | $19,375,969 | 1,275,574 | 3.28% | 1.59% |
| 11 | Ames Natl Corp | COM | $19,281,315 | 683,250 | 3.27% | 1.58% |
| 12 | Eagle Finl Svcs Inc | COM | $18,616,321 | 532,199 | 3.16% | 1.52% |
| 13 | Cf Bankshares Inc | COM | $17,845,040 | 639,378 | 3.02% | 1.46% |
| 14 | First Cmnty Corp S C | COM | $17,407,079 | 595,521 | 2.95% | 1.43% |
| 15 | Burke Herbert Finl Svcs Corp | COM | $15,349,564 | 246,421 | 2.6% | 1.26% |
| 16 | Linkbancorp Inc | COM | $14,855,083 | 1,781,185 | 2.52% | 1.22% |
| 17 | Oak Vy Bancorp Oakdale Calif | COM | $13,334,859 | 411,189 | 2.26% | 1.09% |
| 18 | Mid Penn Bancorp Inc | COM | $11,815,134 | 367,386 | 2.0% | 0.97% |
| 19 | Eagle Bancorp Mont Inc | COM | $11,359,172 | 551,952 | 1.93% | 0.93% |
| 20 | Hanover Bancorp Inc | COM | $11,262,445 | 521,651 | 1.91% | 0.92% |
| 21 | National Bankshares Inc Va | COM | $10,506,724 | 288,567 | 1.78% | 0.86% |
| 22 | Metropolitan Bk Hldg Corp | COM | $10,461,307 | 125,601 | 1.77% | 0.86% |
| 23 | Primis Financial Corp | COM | $9,712,434 | 731,358 | 1.65% | 0.8% |
| 24 | Ohio Vy Banc Corp | COM | $9,634,419 | 219,663 | 1.63% | 0.79% |
| 25 | Timberland Bancorp Inc | COM | $9,081,833 | 230,328 | 1.54% | 0.74% |
Top 25 of 62 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 5 | $1.2B | 100.0% |
Private funds (3)
Reported in Form ADV Section 7.B.(1), filing of Mar 2024 · $763M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Fourthstone Master Opportunity Fund Ltd. master | Hedge Fund | Cayman Islands | $558M | 122 |
| Fourthstone Qp Opportunity Fund Lp | Hedge Fund | Delaware | $185M | 88 |
| Fourthstone Small Cap Financials Fund Lp | Hedge Fund | Delaware | $20.3M | 13 |
People (3)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Stone, Louis, Phillip | Managing Member | Sep 2013 (13y) | 75% or more | |
| Anderson, Robin, Stanley | Chief Financial Officer, Chief Compliance Officer | Feb 2017 (10y) | 5% – 10% | |
| Stone, Amy, Morris | Ceo | Feb 2022 (5y) | Less than 5% |
Undisclosed: 0% – 20% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (3, $763M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Fourthstone Master Opportunity Fund Ltd. | Hedge Fund | $558M | $1.0M | 122 |
| Fourthstone Qp Opportunity Fund Lp | Hedge Fund | $185M | $1.0M | 88 |
| Fourthstone Small Cap Financials Fund Lp | Hedge Fund | $20.3M | $1.0M | 13 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.67 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for pooled investment vehicles
Custody
Reported custodians
- Merrill Lynch $7.1M (1% of AUM) Mar 2023
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗