TOWN β€” TOWNEBANK PORTSMOUTH VA

Ownership history in ROYCE & ASSOCIATES LP  Β·  21 quarters on record

This page tracks every 13F SEC filing in which ROYCE & ASSOCIATES LP reported a position in TOWNEBANK PORTSMOUTH VA (TOWN). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.25% (2025 Q4)
πŸ“Š Avg. % of fund
0.11%
πŸ“… First filed
2020 Q2
πŸ“… Last filed
2025 Q4
⏱ Quarters held
21

Position Intelligence

ROYCE & ASSOCIATES LP Γ— TOWN AI Analytics

πŸ“ˆ ROYCE & ASSOCIATES LP outperformed the S&P 500 by +0.6% annually on this TOWN position. Timing score: 55% (11/20 decisions correct). Average cost basis: $28.00. Maximum drawdown during holding period: –23.4%.

πŸ“ˆ Position Alpha vs SPY
+0.6%
annualised excess return

➑️ Roughly in line with S&P 500 (±1% alpha range).
20 quarters analyzed

⏱️ Timing Score
55%

βœ… Decent timing β€” more right than wrong on entries and exits.
11 of 20 add/trim decisions correct

πŸ’° Entry Quality
$28.00
+19.2% vs current ($33.37)

Best entry: $15.79 (2020 Q2)  Β·  Worst: $34.30 (2025 Q3)

πŸ›‘οΈ Drawdown Resilience
–23.4%
max drawdown while held

πŸ’ͺ Held through 1 major drawdown (>20%). Strong conviction under pressure.

πŸ’ͺ Fund Conviction
62%
buy-side decisions

13 adds Β· 8 trims. Bought during 6 of 9 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.25% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    TOWN price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 10 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 ADDED 743,455 +139,806 +23.2% 0.25% $24.8M $33.37
2025 Q3 ADDED 603,649 +40,650 +7.2% 0.21% $20.9M $34.30
2025 Q2 REDUCED 562,999 -13,043 -2.3% 0.20% $19.2M $33.65
2025 Q1 ADDED 576,042 +37,989 +7.1% 0.21% $19.7M $33.40
2024 Q4 ADDED 538,053 +52,236 +10.8% 0.17% $18.3M $33.03
2024 Q3 REDUCED 485,817 -3,485 -0.7% 0.15% $16.1M $31.83
2024 Q2 ADDED 489,302 +147,881 +43.3% 0.12% $13.3M $26.05
2024 Q1 ADDED 341,421 +58,045 +20.5% 0.09% $9.6M $26.56
2023 Q4 REDUCED 283,376 -48,225 -14.5% 0.08% $8.4M $27.91
2023 Q3 REDUCED 331,601 -37,851 -10.2% 0.08% $7.6M $21.33
11 older quarters hidden  β€”  Sign in free or upgrade to Premium to see full history
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