LCNB

LCNB • NASDAQ

LCNB is a banks - regional company in the financial services sector on NASDAQ, led by Eric J. Meilstrup, with a market cap of $245.3M. As of Q3 2025, 38% of shares are held by 93 institutional investors, with BlackRock, Inc. as the largest holder at 5.52%.

Chief Executive OfficerEric J. Meilstrup

Market Cap$245.3M

Banks - Regional

Financial Services

Employees380.0

Websitelcnb.com

Country

United States of America

Overview

Overview of institutional ownership in LCNB as of Q3 2025 with a market cap of $212.5M

All Institutions

Institutions: 93
Value Held: $80.7M
Shares Held: 5.4M
Avg Position: $868.2K
Median Position: $185.1K

Hedge Funds

Hedge Funds: 7
Value Held: $4.1M
Shares Held: 275.7K
Avg Position: $590.4K
Median Position: $347.6K

Ownership Breakdown

Institutional (non-HF)

36.05%

$76.6M

Hedge Funds

1.94%

$4.1M

Retail & Other

62.0%

$131.8M

Based on market cap of $212.5M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in LCNB as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$11.7M 0.00% of portfolio	5.52% 782.4K shares	Q2 2016 Held for 9y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$10.5M 0.00% of portfolio	4.96% 703.0K shares	≤ Q2 2013 Held for 12y 5m+	$6.69T
Ritter Daniher Financial Advisory LLC / DE RIA/Wealth	Jeffrey Earl Daniher Founder	$8.2M 1.44% of portfolio	3.85% 545.2K shares	Q2 2022 Held for 3y 5m	$567.9M
LCNB CORP Real Assets	Edward V Lapuma Managing Partner	$7.5M 2.63% of portfolio	3.54% 502.0K shares	Q4 2016 Held for 8y 11m	$285.8M
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$7.1M 0.00% of portfolio	3.33% 472.5K shares	Q1 2016 Held for 9y 8m	$466.32B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$4.9M 0.00% of portfolio	2.32% 328.3K shares	Q3 2013 Held for 12y 2m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$2.7M 0.00% of portfolio	1.27% 180.3K shares	Q2 2016 Held for 9y 5m	$2.88T
JOHNSON INVESTMENT COUNSEL INC RIA/Wealth	Jason O'Brien Jackman President	$2.1M 0.02% of portfolio	0.97% 137.2K shares	Q2 2016 Held for 9y 5m	$11.8B
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	Peter Fitzhugh Brown CEO	$1.9M 0.00% of portfolio	0.91% 128.9K shares	Q4 2013 Held for 11y 11m	$75.8B
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	John Noland Ryan Montgomery CEO	$1.6M 0.03% of portfolio	0.77% 108.8K shares	Q2 2018 Held for 7y 5m	$4.7B

Net Capital Flow

Institutional buying and selling activity for LCNB in Q3 2025

Traded: +$1.9M
Buyers: 49
Sellers: 25
Total Bought: +$4.2M
Total Sold: −$2.3M
Avg Position: $832.4K

Biggest Buyers

Institution	Net Bought	Current Position
HORAN Wealth, LLC RIA/Wealth	+$1.1M +75.2K shares	$1.1M 75.2K shares
B BlackRock, Inc. Institution	+$463.9K +30.9K shares	$11.7M 782.4K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	+$389.0K +26.0K shares	$389.0K 26.0K shares
GOLDMAN SACHS GROUP INC Institution	+$348.4K +23.2K shares	$679.6K 45.3K shares
H HSBC HOLDINGS PLC Institution	+$189.2K +12.5K shares	$422.7K 28.0K shares
BANK OF AMERICA CORP /DE/ Institution	+$173.1K +11.6K shares	$448.6K 29.9K shares
$DEUTSCHE BANK AG\ logo$ DEUTSCHE BANK AG\ Institution	+$163.9K +10.9K shares	$163.9K 10.9K shares
C Corton Capital Inc. Institution	+$154.7K +10.3K shares	$154.7K 10.3K shares
Empowered Funds, LLC ETF Provider	+$114.0K +7.6K shares	$977.5K 65.2K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$114.0K +7.6K shares	$1.6M 108.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
Ritter Daniher Financial Advisory LLC / DE RIA/Wealth	−$337.3K −22.5K shares	$8.2M 545.2K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$273.1K −18.8K shares	Sold Off 0 shares
Lido Advisors, LLC RIA/Wealth	−$233.6K −15.6K shares	$235.8K 15.7K shares
B BAHL & GAYNOR INC Institution	−$216.6K −14.9K shares	Sold Off 0 shares
WELLS FARGO & COMPANY/MN Institution	−$204.5K −13.6K shares	$185.1K 12.3K shares
Fourthstone LLC Hedge Fund•Long/Short	−$192.8K −13.3K shares	Sold Off 0 shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	−$172.2K −11.9K shares	Sold Off 0 shares
R ROYAL BANK OF CANADA Institution	−$115.6K −7.7K shares	$12.9K 860.0 shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$89.7K −6.0K shares	$305.3K 20.4K shares
HENGEHOLD CAPITAL MANAGEMENT LLC RIA/Wealth	−$88.3K −5.9K shares	$420.3K 28.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited LCNB in Q3 2025

New Positions: 7
New Value: $1.7M
Exited Positions: 4
Exited Value: $854.7K

New Positions

Institution	Position Value
HORAN Wealth, LLC RIA/Wealth	$1.1M 75.2K shares
AQR CAPITAL MANAGEMENT LLC Hedge Fund•Multi-Strategy	$389.0K 26.0K shares
C Corton Capital Inc. Institution	$154.7K 10.3K shares
SRS Capital Advisors, Inc. RIA/Wealth	$9.9K 659.0 shares
O Optiver Holding B.V. Institution	$2.5K 164.0 shares
Hartland & Co., LLC RIA/Wealth	$135.0 9.0 shares
ROTHSCHILD INVESTMENT LLC RIA/Wealth	$105.0 7.0 shares

Exited Positions

Institution	Previous Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$273.1K 18.8K shares
B BAHL & GAYNOR INC Institution	$216.6K 14.9K shares
Fourthstone LLC Hedge Fund•Long/Short	$192.8K 13.3K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	$172.2K 11.9K shares

Options Activity

Institutions with the largest Call and Put options positions in LCNB as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with LCNB as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
LCNB CORP Real Assets	Edward V Lapuma Managing Partner	2.63% $7.5M	3.54% 502.0K shares	Q4 2016 Held for 8y 11m	$285.8M
Ritter Daniher Financial Advisory LLC / DE RIA/Wealth	Jeffrey Earl Daniher Founder	1.44% $8.2M	3.85% 545.2K shares	Q2 2022 Held for 3y 5m	$567.9M
K Kapstone Financial Advisors LLC RIA/Wealth	David Charles Kronour Managing Partner	0.63% $1.3M	0.63% 88.9K shares	Q4 2022 Held for 2y 11m	$212.3M
AMERICAN FINANCIAL GROUP INC Institution	S. Craig Lindner CEO	0.55% $1.4M	0.66% 93.6K shares	Q4 2013 Held for 11y 11m	$253.5M
C Corton Capital Inc. Institution	-	0.38% $154.7K	0.07% 10.3K shares	Q3 2025 Held for 2 months	$40.6M
HORAN Wealth, LLC RIA/Wealth	Terence Lee Horan CEO	0.18% $1.1M	0.53% 75.2K shares	Q3 2025 Held for 2 months	$634.6M
Axim Planning & Wealth RIA/Wealth	Luong Pham Managing Partner	0.14% $172.4K	0.08% 11.5K shares	Q2 2022 Held for 3y 5m	$125.1M
New Republic Capital, LLC Venture Capital	Leo Django Batali Director	0.08% $262.1K	0.12% 17.5K shares	Q4 2022 Held for 2y 11m	$326.1M
Baker Ellis Asset Management LLC RIA/Wealth	Patricia Anne Watson COO	0.05% $397.2K	0.19% 26.5K shares	Q1 2024 Held for 1y 8m	$811.1M
HENGEHOLD CAPITAL MANAGEMENT LLC RIA/Wealth	Jake Elliott Butcher President	0.04% $420.3K	0.20% 28.0K shares	Q4 2023 Held for 1y 11m	$1.2B