SEC 13F Intelligence

Managers / Q3 2019 · view latest →

M3F, Inc.

CIK 0001511291 · 2070 E 2100 S, SUITE 250, SALT LAKE CITY, UT, 84109 · 202-246-9200

Reported Value
$137M
Q3 2019
Positions
35
Filings on Record
30
2019–present window
Filed
Nov 12, 2019
original filing

Summary

M3f, Inc. reported $137M in U.S.-listed holdings across 35 positions for Q3 2019.

Its largest position, Harborone Bancorp, represents 5.9% of the portfolio.

Compared with Q2 2019, the fund opened 10 new positions and exited 7.

Portfolio Metrics

Turnover
+18.6%
vs prior filed quarter
Top-10 Concentration
+50.5%
share of reported value
Largest Position
+5.9%
Harborone Bancorp
New / Exited
10 / 7
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $108MQ4 ’18Q1 ’19: $113MQ2 ’19: $117MQ3 ’19: $137MQ4 ’19: $128MQ4 ’19Q1 ’20: $140MQ2 ’20: $135MQ3 ’20: $158MQ4 ’20: $211MQ4 ’20Q1 ’21: $247MQ2 ’21: $282MQ3 ’21: $305MQ4 ’21: $298MQ4 ’21Q1 ’22: $301MQ2 ’22: $308MQ3 ’22: $285MQ4 ’22: $327MQ4 ’22Q1 ’23: $304MQ2 ’23: $318MQ3 ’23: $299MQ4 ’23: $315MQ4 ’23Q1 ’24: $283MQ2 ’24: $270MQ3 ’24: $325MQ4 ’24: $346MQ4 ’24Q1 ’25: $364MQ2 ’25: $354MQ3 ’25: $353MQ4 ’25: $364MQ4 ’25Q1 ’26: $404Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 85.7%Other: 14.3%
  • Common Stock · 85.7% · $118M
  • Other · 14.3% · $20M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HARBORONE BANCORP INCNEW+798.3K798.3K+$8M$8M
ALRSALERUS FINANCIAL CORPNEW+360.0K360.0K+$8M$8M
ZIONZIONS BANCORPORATION COMNEW+165.0K165.0K+$7M$7M
CMAComerica IncNEW+81.5K81.5K+$5M$5M
VLYValley National BancorpNEW+230.4K230.4K+$3M$3M
First Financial Northwest IncNEW+128.9K128.9K+$2M$2M
PBFSPIONEER BANCORP INC/NYNEW+128.8K128.8K+$2M$2M
BankFinancial CorpNEW+87.5K87.5K+$1M$1M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2019

35 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HARBORONE BANCORP INCCOMMON5.85%$8M798.3K
2ALRSALERUS FINANCIAL CORPhistory →COMMON5.72%$8M360.0K
3PROVPROVIDENT FINL HLDGS INC COMhistory →COMMON5.53%$8M365.6K
4ZIONZIONS BANCORPORATION COMhistory →COMMON5.35%$7M165.0K
5HTHHilltop Holdings Inchistory →COMMON5.23%$7M300.6K
6CFGCITIZENS FINL GROUP INC COMhistory →COMMON4.95%$7M192.2K
7FBIZFIRST BUS FINL SVCS INC WIS COMhistory →COMMON4.78%$7M272.2K
8STNDSTANDARD AVB FINL CORPhistory →COMMON4.72%$6M240.0K
9WFCWELLS FARGO & CO NEW COMhistory →COMMON4.43%$6M120.5K
10CMAComerica Inchistory →COMMON3.92%$5M81.5K
11SNFCASECURITY NATL FINL CORP CL A NEWhistory →COMMON3.79%$5M1.06M
12ASRVAMERISERV FINL INC COMhistory →COMMON3.62%$5M1.20M
13WLFCWillis Lease Finance Corphistory →COMMON3.47%$5M86.0K
14NODKNI HOLDINGS INChistory →COMMON3.34%$5M267.0K
15PB BANCORP INCCOMMON2.94%$4M349.7K
16PDL COMMUNITY BANCORPCOMMON2.70%$4M263.9K
17MAGYAR BANCORP INC COMCOMMON2.69%$4M314.5K
18SFBCSOUND FINL BANCORP INC COMhistory →COMMON2.59%$4M98.3K
19FUNCFIRST UTD CORP COMhistory →COMMON2.46%$3M153.5K
20FRAFFRANKLIN FINANCIAL SERVICEShistory →COMMON2.40%$3M92.5K
21HMN Financial IncCOMMON2.31%$3M138.8K
22ICC HOLDINGS INCCOMMON2.31%$3M234.6K
23SPFISOUTH PLAINS FINANCIAL INChistory →COMMON1.93%$3M162.1K
24VLYValley National Bancorphistory →COMMON1.82%$3M230.4K
25MYFWFIRST WESTERN FINANCIAL INChistory →COMMON1.61%$2M129.4K
26FCCOFIRST COMMUNITY CORPhistory →COMMON1.52%$2M107.3K
27First Financial Northwest IncCOMMON1.39%$2M128.9K
28RANDOLPH BANCORP INCCOMMON1.34%$2M126.9K
29PBFSPIONEER BANCORP INC/NYhistory →COMMON1.17%$2M128.8K
30CBFVCB FINL SVCS INC COMhistory →COMMON1.10%$2M54.6K
31Community West BancsharesCOMMON0.94%$1M129.9K
32BankFinancial CorpCOMMON0.76%$1M87.5K
33OFEDOCONEE FED FINL CORP COMCOMMON0.75%$1M46.9K
341895 BANCORP OF WISCONSIN INCOMMON0.34%$472,00049.0K
35FRBKQREPUBLIC FIRST BANCORP INC COMCOMMON0.23%$310,00073.9K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$404M28Apr 28, 202613F-HRchanges · EDGAR ↗
Q4 2025$364M25Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$353M28Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$354M30Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$364M31May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$346M29Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$325M29Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$270M34Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$283M37May 14, 202413F-HRchanges · EDGAR ↗
Q4 2023$315M37Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$299M42Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$318M42Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$304M39May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$327M39Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$285M42Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$308M43Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$301M45May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$298M44Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$305M52Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$282M54Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$247M44May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$211M43Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$158M50Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$135M43Aug 11, 202013F-HRchanges · EDGAR ↗
Q1 2020$140M46May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$128M34Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$137M35Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$117M32Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$113M33May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$108M38Jan 30, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.