퍼스트 내셔널 코퍼레이션
US ˙ NasdaqCM ˙ US32106V1070

SecurityFXNC / First National Corporation
InstitutionFourthstone LLC
Latest Disclosed Ownership774,199 shares
Ownership 8.56%
Fourthstone LLC ownership in FXNC / First National Corporation

2026-05-15 - Fourthstone LLC has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 774,199 shares of First National Corporation (US:FXNC). This represents 8.56 percent ownership of the company. In their previous filing dated 2024-11-14 , Fourthstone LLC had reported owning 627,467 shares, indicating an increase of 23.38 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File
Date
Effective
Date
Form Prev
Shares
Latest
Shares
ΔShares
(Percent)
Ownership
(Percent)
ΔOwnership
(Percent)
2026-05-15 2026-05-15 13G/A 627,467 774,199 23.38 8.56 -14.31
2024-11-14 2024-11-14 13G/A 531,935 627,467 17.96 9.99 17.53
2024-02-14 2024-02-14 13G/A 624,241 531,935 -14.79 8.50 -14.74
2023-02-14 2023-02-14 13G/A 514,645 624,241 21.30 9.97 20.56
2022-02-14 2022-02-14 13G/A 478,061 514,645 7.65 8.27 -15.96
2021-02-17 2021-02-17 13G/A 279,482 478,061 71.05 9.84 75.09
2020-03-30 2020-03-30 13G 279,482 5.62

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date
Effective
Date
Form Security Class ID Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F FIRST NATL CORP VA COM 32106V107 774,119 -114,553 -12.89 20,839 -7.09 3.5322
2026-02-13 2025-12-31 13F FIRST NATL COM 32106V107 888,672 15,026 1.72 22,430 13.20 4.1976
2025-11-14 2025-09-30 13F FIRST NATL COM 32106V107 873,646 45,333 5.47 19,814 22.86 3.5533
2025-08-14 2025-06-30 13F FIRST NATL COM 32106V107 828,313 -36,452 -4.22 16,127 -16.93 3.1638
2025-05-14 2025-03-31 13F FIRST NATL COM 32106V107 864,765 -31,826 -3.55 19,414 -5.90 4.8131
2025-02-13 2024-12-31 13F FIRST NATL COM 32106V107 896,591 269,124 42.89 20,631 87.89 4.0289
2024-11-14 2024-09-30 13F FIRST NATL COM 32106V107 627,467 1,814 0.29 10,981 15.54 2.4469
2024-08-14 2024-06-30 13F FIRST NATL COM 32106V107 625,653 5,002 0.81 9,504 -5.83 3.0260
2024-05-14 2024-03-31 13F FIRST NATL COM 32106V107 620,651 88,716 16.68 10,092 -12.78 3.2871
2024-02-14 2023-12-31 13F FIRST NATL COM 32106V107 531,935 69,887 15.13 11,570 42.20 2.3431
2023-11-14 2023-09-30 13F FIRST NATL COM 32106V107 462,048 -162,378 -26.00 8,137 -21.17 1.8466
2023-08-02 2023-06-30 13F FIRST NATL COM 32106V107 624,426 12,463 2.04 10,322 6.68 2.7440
2023-05-15 2023-03-31 13F FIRST NATL COM 32106V107 611,963 -12,278 -1.97 9,675 -9.50 3.4063
2023-02-14 2022-12-31 13F FIRST NATL COM 32106V107 624,241 1,292 0.21 10,692 12.17 2.8091
2022-11-14 2022-09-30 13F FIRST NATL COM 32106V107 622,949 1,107 0.18 9,531 -16.02 3.0600
2022-08-15 2022-06-30 13F FIRST NATL COM 32106V107 621,842 48,665 8.49 11,349 -5.72 4.5224
2022-05-13 2022-03-31 13F FIRST NATL COM 32106V107 573,177 58,532 11.37 12,037 1.72 4.7981
2022-02-14 2021-12-31 13F FIRST NATL COM 32106V107 514,645 24,901 5.08 11,834 5.09 4.4560
2021-11-12 2021-09-30 13F FIRST NATL COM 32106V107 489,744 30,009 6.53 11,261 21.86 4.4752
2021-08-05 2021-06-30 13F FIRST NATL COM 32106V107 459,735 -16,024 -3.37 9,241 11.57 3.9262
2021-05-12 2021-03-31 13F FIRST NATL COM 32106V107 475,759 -2,302 -0.48 8,283 2.53 4.1128
2021-02-12 2020-12-31 13F FIRST NATIONAL COM 32106V107 478,061 49,360 11.51 8,079 33.47 5.0974
2020-11-13 2020-09-30 13F FIRST NATL COM 32106V107 428,701 113,252 35.90 6,053 38.29 5.0721
2020-07-09 2020-06-30 13F FIRST NATIONAL COM 32106V107 315,449 35,870 12.83 4,377 2.39 3.6677
2020-04-22 2020-03-31 13F FIRST NATL COM 32106V107 279,579 38,992 16.21 4,275 -16.97 3.8869
2020-02-14 2019-12-31 13F FIRST NATL COM 32106V107 240,587 240,587 5,149 4.8034
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.