SEC 13F Intelligence

Managers / Q4 2021 · view latest →

M3F, Inc.

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

Reported Value
$298M
Q4 2021
Positions
44
Filings on Record
29
2019–present window
Filed
Feb 11, 2022
original filing

Summary

M3f, Inc. reported $298M in U.S.-listed holdings across 44 positions for Q4 2021.

Its largest position, WFC, represents 5.8% of the portfolio.

Compared with Q3 2021, the fund opened 1 new position and exited 9.

Portfolio Metrics

Turnover
+7.0%
vs prior filed quarter
Top-10 Concentration
+46.2%
share of reported value
Largest Position
+5.8%
Wells Fargo Co New Com
New / Exited
1 / 9
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: 87.8%Other: 12.2%
  • Common Stock · 87.8% · $262M
  • Other · 12.2% · $36M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PKBKPARKE BANCORP INCNEW+40.2K40.2K+$856,000$856,000
FIRST SEACOAST BANCORPADDED+74.2K103.1K+$820,000$1M
First Financial Northwest IncSOLD OUT−289.9K0−$5M$0
Brookline Bancorp IncSOLD OUT−302.9K0−$5M$0
Penns Woods Bancorp IncSOLD OUT−102.0K0−$2M$0
COMMUNITY BANKERS TR CORP COMSOLD OUT−199.8K0−$2M$0
CHMGCHEMUNG FINL CORP COMSOLD OUT−42.5K0−$2M$0
NATIONAL WESTN LIFE INS CO CL ASOLD OUT−8.7K0−$2M$0

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

Holdings — Q4 2021

44 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WFCWELLS FARGO & CO NEW COMhistory →COMMON5.85%$17M363.4K
2SNFCASECURITY NATL FINL CORP CL A NEWhistory →COMMON5.41%$16M1.75M
3WLFCWillis Lease Finance Corphistory →COMMON5.40%$16M427.4K
4NECBNORTHEAST COMMUNITY BANCORPhistory →COMMON5.15%$15M1.38M
5PDL COMMUNITY BANCORPCOMMON4.61%$14M947.7K
6EBCEASTERN BANKSHARES INChistory →COMMON4.43%$13M655.0K
7BSBKBOGOTA FINANCIAL CORPhistory →COMMON4.09%$12M1.20M
8PROVIDENT BANCORP INCCOMMON3.85%$11M616.7K
9PBFSPIONEER BANCORP INC/NYhistory →COMMON3.70%$11M974.2K
10SWKHSWK HLDGS CORP COMhistory →COMMON3.69%$11M561.2K
11PROVPROVIDENT FINL HLDGS INC COMhistory →COMMON3.42%$10M616.9K
12FRBKQREPUBLIC FIRST BANCORP INC COMhistory →COMMON3.31%$10M2.66M
13BankFinancial CorpCOMMON3.14%$9M876.4K
14PCSB FINANCIAL CORPCOMMON3.03%$9M473.8K
15HMN Financial IncCOMMON2.84%$8M343.2K
16OBTORANGE COUNTY BANCORP INChistory →COMMON2.38%$7M178.6K
17FBIZFIRST BUS FINL SVCS INC WIS COMhistory →COMMON2.37%$7M242.2K
18SPFISOUTH PLAINS FINANCIAL INChistory →COMMON2.36%$7M252.6K
19HTHHilltop Holdings Inchistory →COMMON2.19%$7M185.7K
20MGYRMAGYAR BANCORP INC COMhistory →COMMON2.18%$6M529.2K
21ISTRINVESTAR HLDG CORP COMhistory →COMMON2.14%$6M347.3K
22NODKNI HOLDINGS INChistory →COMMON1.93%$6M304.6K
23HTBHOMETRUST BANCSHARES INC COMhistory →COMMON1.83%$5M176.5K
24RBKBRHINEBECK BANCORP INChistory →COMMON1.83%$5M510.7K
25TSBKTIMBERLAND BANCORP INChistory →COMMON1.73%$5M186.5K
26OVLYOAK VALLEY BANCORPhistory →COMMON1.69%$5M289.9K
27Enterprise Bancorp Inc/MACOMMON1.60%$5M106.3K
28HEARTLAND FINANCIAL USA INCCOMMON1.57%$5M92.6K
29RANDOLPH BANCORP INCCOMMON1.52%$5M190.4K
30RMBIRICHMOND MUTUAL BANCORPORATIhistory →COMMON1.37%$4M254.1K
31ASRVAMERISERV FINL INC COMhistory →COMMON1.30%$4M1.01M
32ICC HOLDINGS INCCOMMON1.30%$4M230.9K
33SFBCSOUND FINL BANCORP INC COMhistory →COMMON1.11%$3M75.3K
34GBNYGENERATIONS BANCORP NY INCCOMMON0.96%$3M240.3K
35BCOW1895 BANCORP OF WISCONSIN INCOMMON0.90%$3M245.1K
36Community West BancsharesCOMMON0.73%$2M163.2K
37PRUDENTIAL BANCORP INC NEW COMCOMMON0.67%$2M147.2K
38BCBPBCB BANCORP INC COMCOMMON0.53%$2M102.8K
39PBHCPathfinder Bancorp IncCOMMON0.39%$1M68.1K
40FIRST SEACOAST BANCORPCOMMON0.37%$1M103.1K
41HWBKHAWTHORN BANCSHARES INCCOMMON0.37%$1M42.0K
42FNWBFIRST NORTHWEST BANCORP COMCOMMON0.30%$885,00043.8K
43PKBKPARKE BANCORP INCCOMMON0.29%$856,00040.2K
44FUNCFIRST UTD CORP COMCOMMON0.17%$499,00026.6K

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 ↗.