Institutional Manager · CIK 0001511291
M3F, Inc.
SALT LAKE CITY, UT · File #028-14066
Latest AUM
$364,093
Positions
25
Top-10 Concentration
82.2%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | Willis Lease Finance Corp | WLFC | +71,222 | +$9,661 | -$879 |
| REDUCE | PONCE FINANCIAL GROUP INC | PDLB | -400,000 | -$6,540 | +$3,722 |
| REDUCE | BankFinancial Corp | 06643P104 | -508,253 | -$6,099 | -$30 |
| NEW | Washington Trust Bancorp Inc | 940610108 | +166,485 | +$4,920 | $0 |
| ADD | AERSALE CORP | ASLE | +528,071 | +$3,755 | -$3,015 |
| ADD | ALERUS FINANCIAL CORP | 01446U103 | +148,760 | +$3,350 | +$99 |
| EXITED | BEACON FINANCIAL CORP | 084680107 | -133,121 | -$3,156 | $0 |
| EXITED | FB BANCORP INC | 31425A109 | -254,832 | -$3,063 | $0 |
| ADD | SWK HLDGS CORP COM | SWKHL | +120,299 | +$2,069 | +$1,943 |
| ADD | PIONEER BANCORP INC/NY | PBFS | +149,773 | +$2,019 | +$791 |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 202525 pos · $364,093
- 13F HOLDINGS REPORTQ/E Sep 202528 pos · $352,862
- 13F HOLDINGS REPORTQ/E Jun 202530 pos · $354,466
- 13F HOLDINGS REPORTQ/E Mar 202531 pos · $363,848
- 13F HOLDINGS REPORTQ/E Dec 202429 pos · $345,910
- 13F HOLDINGS REPORTQ/E Sep 202429 pos · $324,588
- 13F HOLDINGS REPORTQ/E Jun 202434 pos · $270,175
- 13F HOLDINGS REPORTQ/E Mar 202437 pos · $282,503
- 13F HOLDINGS REPORTQ/E Dec 202342 pos · $299,236
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | Willis Lease Finance Corp | WLFC | 677,248 | $91,862 | 25.23% |
| 2 | PONCE FINANCIAL GROUP INC | PDLB | 1,855,981 | $30,345 | 8.33% |
| 3 | AERCAP HOLDINGS NV SHS | AER | 208,500 | $29,974 | 8.23% |
| 4 | Air Lease Corp | AIIR | 448,401 | $28,801 | 7.91% |
| 5 | PIONEER BANCORP INC/NY | PBFS | 2,033,854 | $27,416 | 7.53% |
| 6 | AERSALE CORP | ASLE | 3,319,145 | $23,599 | 6.48% |
| 7 | NI HOLDINGS INC | NODK | 1,531,082 | $20,363 | 5.59% |
| 8 | SECURITY NATL FINL CORP CL A NEW | 814785309 | 2,233,648 | $20,125 | 5.53% |
| 9 | SWK HLDGS CORP COM | SWKHL | 853,454 | $14,679 | 4.03% |
| 10 | RHINEBECK BANCORP INC | RBKB | 1,015,420 | $12,205 | 3.35% |
| 11 | ALERUS FINANCIAL CORP | 01446U103 | 411,163 | $9,259 | 2.54% |
| 12 | PARKE BANCORP INC | PKBK | 340,101 | $8,516 | 2.34% |
| 13 | BankFinancial Corp | 06643P104 | 491,747 | $5,901 | 1.62% |
| 14 | CB FINL SVCS INC COM | 12479G101 | 164,014 | $5,718 | 1.57% |
| 15 | Washington Trust Bancorp Inc | 940610108 | 166,485 | $4,920 | 1.35% |
| 16 | MAGYAR BANCORP INC COM | MGYR | 280,350 | $4,844 | 1.33% |
| 17 | PROVIDENT FINL HLDGS INC COM | 743868101 | 299,594 | $4,767 | 1.31% |
| 18 | BOGOTA FINANCIAL CORP | 097235105 | 493,732 | $4,172 | 1.15% |
| 19 | SUMMIT STATE BANK | 866264203 | 354,229 | $4,120 | 1.13% |
| 20 | AVIDIA BANCORP INC | AVBC | 222,361 | $3,738 | 1.03% |