Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

National Bankshares Inc Va (NKSH)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
1Q ▲
Buyers last Q
60%

Smart Money Signals — NKSH

Based on 88 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added NKSH 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
88 hedge funds hold NKSH 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 — +24% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+24% 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 — 60% buying

40 buying27 selling
Last quarter: 40 funds were net buyers (16 opened a brand new position + 24 added to an existing one). Only 27 were sellers (20 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+11 vs last Q)

new funds entering per quarter
Funds opening a new NKSH position: 9 → 12 → 5 → 16. 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+) ■ 27% medium ■ 20% new
46 out of 88 hedge funds have held NKSH 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.
➡️

Steady discovery — ~16 new funds/quarter

8 → 9 → 12 → 5 → 16 new funds/Q
New funds entering each quarter: 9 → 12 → 5 → 16. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 59% veterans vs 27% newcomers

■ 59% veterans ■ 14% 1-2yr ■ 27% new
Entry-cohort mix of 88 holders: 52 (59%) are 2+ year veterans, 12 entered 1–2 years ago, and 24 (27%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 28% AUM from major funds

28% from top-100 AUM funds
28 of 88 holders rank in the top 100 by AUM, accounting for 28% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

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 — NKSH

In 2026 Q1, 40 hedge funds were net buyers of NKSH (16 opened a new position, 24 added to an existing one), while 27 reduced or exited (20 trimmed, 7 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. 28% of total institutional value in NKSH is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 88.

Hedge Fund Ownership: NKSH

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

Market Analysis: NKSH

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NKSH

-- --

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

Is It Too Late to Buy National Bankshares Inc Va (NKSH) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much NKSH 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 · 80d ago
NKSH
nan%
XLF
+9.5%

NKSH outperformed XLF by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 35d ago
NKSH
nan%
XLF
+5.8%

Since the filing became public, NKSH outperformed XLF by nan% .

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.

12 top-rated funds 0 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: NKSH
87 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 87 79 10.13%
13F Shares 2M 2M -6.35%
Total Value $82M $83M -0.56%
New Positions 15 5 +10
Increased Positions 24 24 -
Closed Positions 7 8 -1
Reduced Positions 20 27 -7
Total Calls 0 1 -100.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 1.0 Bullish

Statistics: NKSH

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

87 + investors

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

QUARTER:
Top 25 NKSH holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Fourthstone LLC 1.78% 288,567 $10.5M
2 Rhino Investment Partners, Inc 0.71% 70,353 $2.6M
3 Taylor Hoffman Capital Management LLC 0.20% 18,150 $661K
4 Carson Advisory Inc. 0.19% 10,000 $364K
5 AdviceOne Advisory Services, LLC 0.14% 6,516 $237K
6 Partners in Financial Planning 0.13% 21,431 $780K
7 RBF Capital, LLC 0.10% 50,000 $1.8M
8 Mindset Wealth Management, LLC 0.06% 6,464 $235K
9 Brandes Investment Partners, LP 0.05% 193,422 $7.0M
10 Aspect Partners, LLC 0.05% 3,104 $113K
11 Marotta Asset Management 0.04% 6,422 $233K
12 Private Trust Co NA 0.02% 7,500 $273K
13 Occudo Quantitative Strategies LP 0.02% 10,540 $377K
14 Gts Securities LLC 0.01% 6,800 $248K
15 State of Wyoming 0.01% 1,678 $61K
16 Larson Financial Group LLC 0.00% 4,195 $153K
17 Kingsview Wealth Management, LLC 0.00% 9,091 $331K
18 Geneos Wealth Management Inc. 0.00% 5,334 $194K
19 Bogart Wealth, LLC 0.00% 2,002 $73K
20 D.A. Davidson & CO. 0.00% 10,130 $369K
21 Integrated Wealth Concepts LLC 0.00% 7,207 $262K
22 Tower Research Capital LLC (TRC) 0.00% 1,767 $64K
23 Renaissance Technologies LLC 0.00% 28,980 $1.1M
24 Captrust Financial Advisors 0.00% 21,386 $779K
25 Marshall Wace, LLP 0.00% 19,499 $710K
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 — National Bankshares Inc Va (NKSH)

What does the Smart Money Trend signal show for NKSH?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added NKSH 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 NKSH?

More buyers than sellers — 60% buying: Last quarter: 40 funds were net buyers (16 opened a brand new position + 24 added to an existing one). Only 27 were sellers (20 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NKSH holders?

Strong quality — 28% AUM from major funds: 28 of 88 holders rank in the top 100 by AUM, accounting for 28% 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 NKSH?

52% of holders stayed for 2+ years: 46 out of 88 hedge funds have held NKSH 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 National Bankshares Inc Va (NKSH) following the 2026 Q1 hedge fund 13F filings?

As of today, NKSH has moved nan% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of nan%. Since the quarter end (March 31, 2026), NKSH has gained nan% 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.

Full history →