SEC 13F Intelligence

Managers / Q1 2021 · view latest →

M3F, Inc.

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

Reported Value
$247M
Q1 2021
Positions
44
Filings on Record
29
2019–present window
Filed
May 14, 2021
original filing

Summary

M3f, Inc. reported $247M in U.S.-listed holdings across 44 positions for Q1 2021.

Its largest position, EBC, represents 8.8% of the portfolio.

Compared with Q4 2020, the fund opened 6 new positions and exited 5.

Portfolio Metrics

Turnover
+8.6%
vs prior filed quarter
Top-10 Concentration
+53.3%
share of reported value
Largest Position
+8.8%
Eastern Bankshares
New / Exited
6 / 5
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
Q1 ’19: $113MQ1 ’19Q2 ’19: $117MQ3 ’19: $137MQ4 ’19: $128MQ1 ’20: $140MQ1 ’20Q2 ’20: $135MQ3 ’20: $158MQ4 ’20: $211MQ1 ’21: $247MQ1 ’21Q2 ’21: $282MQ3 ’21: $305MQ4 ’21: $298MQ1 ’22: $301MQ1 ’22Q2 ’22: $308MQ3 ’22: $285MQ4 ’22: $327MQ1 ’23: $304MQ1 ’23Q2 ’23: $318MQ3 ’23: $299MQ4 ’23: $315MQ1 ’24: $283MQ1 ’24Q2 ’24: $270MQ3 ’24: $325MQ4 ’24: $346MQ1 ’25: $364MQ1 ’25Q2 ’25: $354MQ3 ’25: $353MQ4 ’25: $364MQ1 ’26: $404MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 78.6%Other: 21.4%
  • Common Stock · 78.6% · $194M
  • Other · 21.4% · $53M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MVBFMVB FINANCIAL CORPNEW+74.1K74.1K+$3M$3M
MCBMETROPOLITAN BANK HOLDING CONEW+46.5K46.5K+$2M$2M
GBNYGENERATIONS BANCORP NY INCNEW+229.5K229.5K+$2M$2M
SWKHSWK HLDGS CORP COMNEW+29.1K29.1K+$424,000$424,000
GCBCGREENE COUNTY BANCORP INC COMNEW+11.6K11.6K+$289,000$289,000
WVFCWVS FINANCIAL CORPNEW+11.5K11.5K+$182,000$182,000
BPFHBoston Private Financial Holdings IncSOLD OUT−575.0K0−$5M$0
Lakeland Bancorp IncSOLD OUT−324.0K0−$4M$0

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

Holdings — Q1 2021

44 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EBCEASTERN BANKSHARES INChistory →COMMON8.80%$22M1.13M
2WFCWELLS FARGO & CO NEW COMhistory →COMMON8.78%$22M555.0K
3PROVIDENT BANCORP INCCOMMON6.02%$15M1.03M
4WLFCWillis Lease Finance Corphistory →COMMON6.02%$15M341.8K
5SNFCASECURITY NATL FINL CORP CL A NEWhistory →COMMON5.89%$15M1.55M
6FRBKQREPUBLIC FIRST BANCORP INC COMhistory →COMMON4.71%$12M3.08M
7PBFSPIONEER BANCORP INC/NYhistory →COMMON3.98%$10M844.8K
8HTHHilltop Holdings Inchistory →COMMON3.30%$8M239.1K
9PROVPROVIDENT FINL HLDGS INC COMhistory →COMMON2.89%$7M422.3K
10HTBHOMETRUST BANCSHARES INC COMhistory →COMMON2.88%$7M292.3K
11CFGCITIZENS FINL GROUP INC COMhistory →COMMON2.80%$7M156.6K
12PCSB FINANCIAL CORPCOMMON2.62%$6M389.3K
13MAGYAR BANCORP INC COMCOMMON2.56%$6M460.7K
14BankFinancial CorpCOMMON2.41%$6M576.6K
15FBIZFIRST BUS FINL SVCS INC WIS COMhistory →COMMON2.40%$6M239.5K
16PDL COMMUNITY BANCORPCOMMON2.40%$6M532.8K
17BSBKBOGOTA FINANCIAL CORPhistory →COMMON2.28%$6M549.0K
18COMMUNITY BANKERS TR CORP COMCOMMON2.25%$6M630.5K
19HMN Financial IncCOMMON2.21%$5M271.0K
20Brookline Bancorp IncCOMMON1.84%$5M302.9K
21First Financial Northwest IncCOMMON1.75%$4M303.8K
22SFBCSOUND FINL BANCORP INC COMhistory →COMMON1.65%$4M97.9K
23ASRVAMERISERV FINL INC COMhistory →COMMON1.59%$4M970.0K
24NODKNI HOLDINGS INChistory →COMMON1.40%$3M186.6K
25ICC HOLDINGS INCCOMMON1.38%$3M230.9K
26UMBFUMB Financial Corphistory →COMMON1.32%$3M35.2K
27RANDOLPH BANCORP INCCOMMON1.29%$3M158.8K
28SPFISOUTH PLAINS FINANCIAL INChistory →COMMON1.24%$3M134.3K
29BANK OF COMMERCE HOLDINGSCOMMON1.22%$3M237.0K
30RBKBRHINEBECK BANCORP INChistory →COMMON1.08%$3M258.9K
311895 BANCORP OF WISCONSIN INCOMMON1.07%$3M185.2K
32ALRSALERUS FINANCIAL CORPhistory →COMMON1.05%$3M86.7K
33MVBFMVB FINANCIAL CORPhistory →COMMON1.01%$3M74.1K
34MCBMETROPOLITAN BANK HOLDING COCOMMON0.95%$2M46.5K
35GBNYGENERATIONS BANCORP NY INCCOMMON0.92%$2M229.5K
36Community West BancsharesCOMMON0.85%$2M163.1K
37Enterprise Bancorp Inc/MACOMMON0.83%$2M62.7K
38CHMGCHEMUNG FINL CORP COMCOMMON0.76%$2M44.8K
39FUNCFIRST UTD CORP COMCOMMON0.51%$1M72.1K
40PBHCPathfinder Bancorp IncCOMMON0.37%$912,00062.3K
41HBCPHome Bancorp IncCOMMON0.37%$910,00025.3K
42SWKHSWK HLDGS CORP COMCOMMON0.17%$424,00029.1K
43GCBCGREENE COUNTY BANCORP INC COMCOMMON0.12%$289,00011.6K
44WVFCWVS FINANCIAL CORPCOMMON0.07%$182,00011.5K

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 ↗

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 ↗.