SEC 13F Intelligence

Managers / Q2 2022 · view latest →

M3F, Inc.

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

Reported Value
$308M
Q2 2022
Positions
43
Filings on Record
29
2019–present window
Filed
Aug 12, 2022
original filing

Summary

M3f, Inc. reported $308M in U.S.-listed holdings across 43 positions for Q2 2022.

Its largest position, WLFC, represents 6.9% of the portfolio.

Compared with Q1 2022, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+47.2%
share of reported value
Largest Position
+6.9%
Willis Lease Finance
New / Exited
1 / 3
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: 87.4%Other: 12.6%
  • Common Stock · 87.4% · $269M
  • Other · 12.6% · $39M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MCBMETROPOLITAN BANK HOLDING CONEW+26.4K26.4K+$2M$2M
TCBXTHIRD COAST BANCSHARES INCADDED+194.5K214.1K+$4M$5M
PKBKPARKE BANCORP INCADDED+335.3K384.7K+$7M$8M
PDLBPONCE FINANCIAL GROUP INCADDED+1.04M1.95M+$9M$18M
EBCEASTERN BANKSHARES INCSOLD OUT−388.0K0−$8M$0
RMBIRICHMOND MUTUAL BANCORPORATISOLD OUT−254.1K0−$4M$0
BROADWAY FINANCIAL CORP/DESOLD OUT−117.7K0−$187,000$0
HTBHOMETRUST BANCSHARES INC COMADDED+120.5K243.5K+$2M$6M

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

Holdings — Q2 2022

43 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WLFCWillis Lease Finance Corphistory →COMMON6.86%$21M563.4K
2NECBNORTHEAST COMMUNITY BANCORPhistory →COMMON6.00%$18M1.57M
3PDLBPONCE FINANCIAL GROUP INChistory →COMMON5.84%$18M1.95M
4SNFCASECURITY NATL FINL CORP CL A NEWhistory →COMMON5.12%$16M1.86M
5PBFSPIONEER BANCORP INC/NYhistory →COMMON4.61%$14M1.45M
6BSBKBOGOTA FINANCIAL CORPhistory →COMMON4.21%$13M1.16M
7PROVIDENT BANCORP INCCOMMON4.10%$13M804.2K
8SWKHSWK HLDGS CORP COMhistory →COMMON3.67%$11M646.4K
9BankFinancial CorpCOMMON3.50%$11M1.15M
10WFCWELLS FARGO & CO NEW COMhistory →COMMON3.36%$10M264.0K
11PROVPROVIDENT FINL HLDGS INC COMhistory →COMMON3.32%$10M689.5K
12FBIZFIRST BUS FINL SVCS INC WIS COMhistory →COMMON2.95%$9M291.2K
13PKBKPARKE BANCORP INChistory →COMMON2.62%$8M384.7K
14HMN Financial IncCOMMON2.57%$8M343.2K
15ISTRINVESTAR HLDG CORP COMhistory →COMMON2.52%$8M354.8K
16NATIONAL WESTN LIFE INS CO CL ACOMMON2.50%$8M37.9K
17HEARTLAND FINANCIAL USA INCCOMMON2.43%$7M180.5K
18NODKNI HOLDINGS INChistory →COMMON2.21%$7M414.1K
19SFBCSOUND FINL BANCORP INC COMhistory →COMMON2.17%$7M175.9K
20MGYRMAGYAR BANCORP INC COMhistory →COMMON2.11%$6M548.4K
21PCSB FINANCIAL CORPCOMMON2.03%$6M327.1K
22HTBHOMETRUST BANCSHARES INC COMhistory →COMMON1.98%$6M243.5K
23SPFISOUTH PLAINS FINANCIAL INChistory →COMMON1.97%$6M251.4K
24OBTORANGE COUNTY BANCORP INChistory →COMMON1.92%$6M155.7K
25HTHHilltop Holdings Inchistory →COMMON1.83%$6M211.0K
26RBKBRHINEBECK BANCORP INChistory →COMMON1.65%$5M550.1K
27TCBXTHIRD COAST BANCSHARES INChistory →COMMON1.52%$5M214.1K
28Enterprise Bancorp Inc/MACOMMON1.40%$4M133.7K
29TSBKTIMBERLAND BANCORP INChistory →COMMON1.39%$4M170.9K
30Community West BancsharesCOMMON1.30%$4M280.1K
31ASRVAMERISERV FINL INC COMhistory →COMMON1.26%$4M986.8K
32RANDOLPH BANCORP INCCOMMON1.25%$4M145.5K
33ICC HOLDINGS INCCOMMON1.20%$4M230.9K
34BCOW1895 BANCORP OF WISCONSIN INhistory →COMMON1.17%$4M350.3K
35OVLYOAK VALLEY BANCORPhistory →COMMON1.03%$3M184.3K
36FIRST SEACOAST BANCORPCOMMON0.73%$2M211.3K
37GBNYGENERATIONS BANCORP NY INCCOMMON0.68%$2M183.4K
38PRUDENTIAL BANCORP INC NEW COMCOMMON0.60%$2M122.3K
39MCBMETROPOLITAN BANK HOLDING COCOMMON0.59%$2M26.4K
40PBHCPathfinder Bancorp IncCOMMON0.58%$2M88.8K
41FNWDFINWARD BANCORPCOMMON0.56%$2M46.1K
42HWBKHAWTHORN BANCSHARES INCCOMMON0.36%$1M43.7K
43BCBPBCB BANCORP INC COMCOMMON0.35%$1M63.3K

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 ↗.