Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Farmers National Banc Corp (FMNB)

182 + Investors. Track Smart Money conviction in FMNB. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +25
Streak
4Q ▲
Buyers last Q
73%

Smart Money Signals — FMNB

Based on 184 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 4 quarters in a row

last 6Q
For 4 consecutive quarters, more hedge funds added FMNB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
184 hedge funds hold FMNB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +39% more funds vs a year ago

fund count last 6Q
+52 new funds entered over the past year (+39% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 73% buying

142 buying52 selling
Last quarter: 142 funds were net buyers (48 opened a brand new position + 94 added to an existing one). Only 52 were sellers (29 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+26 vs last Q)

new funds entering per quarter
Funds opening a new FMNB position: 16 → 23 → 22 → 48. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

52% conviction (2yr+) 17% medium 32% new
95 out of 184 hedge funds have held FMNB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

14 → 16 → 23 → 22 → 48 new funds/Q
New funds entering each quarter: 16 → 23 → 22 → 48. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 59% veterans vs 30% newcomers

59% veterans 10% 1-2yr 30% new
Entry-cohort mix of 185 holders: 110 (59%) are 2+ year veterans, 19 entered 1–2 years ago, and 56 (30%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 39% AUM from major funds

39% from top-100 AUM funds
44 of 184 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.2
out of 10
Moderate Exit Risk
Exit risk score 4.2/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FMNB

In 2026 Q1, 142 hedge funds were net buyers of FMNB (48 opened a new position, 94 added to an existing one), while 52 reduced or exited (29 trimmed, 23 sold completely) — a 73% buyer ratio, indicating clear institutional accumulation. This marks 4 consecutive quarters of net institutional buying — a persistent conviction signal. 39% of total institutional value in FMNB is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +25 funds (more new holders than closures). Total institutional holders: 184.

Hedge Fund Ownership: FMNB

How many hedge funds hold FMNB — quarterly history vs. share price
Quarterly hedge fund ownership of FMNB vs. share price

Market Analysis: FMNB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FMNB

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Farmers National Banc Corp (FMNB) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FMNB has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 79d ago
FMNB
+6.6%
XLF
+9.5%

FMNB outperformed XLF by -2.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
FMNB
+2.6%
XLF
+5.8%

Since the filing became public, FMNB outperformed XLF by -3.2% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

17 top-rated funds 0 high-conviction
Consensus
5.5
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: FMNB
182 + Investors

Track Smart Money conviction in FMNB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 182 159 14.47%
13F Shares 23M 17M 39.98%
Total Value $303M $223M 36.08%
New Positions 47 22 +25
Increased Positions 94 54 +40
Closed Positions 24 12 +12
Reduced Positions 27 57 -30
Total Calls 0 0 -
Total Puts 1 1 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: FMNB

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Institutional Holders (2026 Q1)

182 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FMNB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FMNB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Farmers Trust Co 1.50% 724,473 $9.5M
2 Demming Financial Services Corp /Adv 0.58% 60,491 $796K
3 Teton Advisors, LLC 0.35% 37,800 $497K
4 Beese Fulmer Investment Management, INC. 0.31% 373,262 $4.9M
5 Raffles Associates LP 0.17% 15,000 $197K
6 Odyssean, LLC 0.15% 31,899 $420K
7 Staley Capital Advisers Inc 0.14% 250,251 $3.3M
8 Riggs Asset Managment Co. Inc. 0.13% 47,749 $628K
9 Twelve Points Wealth Management LLC 0.12% 39,735 $523K
10 Keeler & Nadler Financial Planning & Wealth Management 0.11% 23,713 $312K
11 Bridgeway Capital Management, LLC 0.10% 363,079 $4.8M
12 Frazier Financial Advisors, LLC 0.09% 12,377 $163K
13 Mirabella Financial Services LLP 0.07% 56,418 $742K
14 Rodgers Brothers Inc. 0.07% 43,225 $569K
15 Mcdonald Partners LLC 0.07% 21,060 $277K
16 Stratos Investment Management, LLC 0.05% 102,450 $1.3M
17 Investment Partners, LTD. 0.05% 10,553 $139K
18 Susquehanna Fundamental Investments, LLC 0.04% 90,697 $1.2M
19 Inspire Investing, LLC 0.04% 38,926 $512K
20 Amarillo National Bank 0.03% 14,000 $184K
21 Godfrey Financial Associates, Inc. 0.03% 2,750 $36K
22 Y-Intercept (Hong Kong) Ltd 0.03% 108,346 $1.4M
23 Everhart Financial Group, Inc. 0.02% 20,324 $267K
24 Intellus Advisors LLC 0.02% 11,496 $151K
25 Hotchkis & Wiley Capital Management LLC 0.02% 501,886 $6.6M
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Farmers National Banc Corp (FMNB)

What does the Smart Money Trend signal show for FMNB?

Buying streak — 4 quarters in a row: For 4 consecutive quarters, more hedge funds added FMNB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for FMNB?

More buyers than sellers — 73% buying: Last quarter: 142 funds were net buyers (48 opened a brand new position + 94 added to an existing one). Only 52 were sellers (29 trimmed + 23 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for FMNB holders?

Strong quality — 39% AUM from major funds: 44 of 184 holders rank in the top 100 by AUM, accounting for 39% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FMNB?

52% of holders stayed for 2+ years: 95 out of 184 hedge funds have held FMNB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Farmers National Banc Corp (FMNB) following the 2026 Q1 hedge fund 13F filings?

As of today, FMNB has moved +2.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of -3.2%. Since the quarter end (March 31, 2026), FMNB has gained +6.6% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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