M3F
SALT LAKE CITY, UTfiles as M3F, Inc.
$422m in 22 US stocks at the end of 30 June 2026. The top 10 are 85.5% of the money. It changed about 14.7% of the portfolio this quarter.
Value
$422m
Stocks
22
Top 10 share
85.5%
Turnover
14.7%
What changed this quarter
New
Bought for the first time this quarter.
- OppFiOPFI1.8% of the fund
- First Northern Community BancorpFNRN1.0% of the fund
Added
Bought more of a stock they already held.
- AerSaleASLE6.6% of the fund+11%
- Green DOTGDOT3.9% of the fund+62%
- Northfield Bancorp INC DEL3.0% of the fund+12%
- Broadway FinancialBYFC1.3% of the fund+15%
Cut
Sold some of their stake.
- Willis Lease FinanceWLFC35.9% of the fund-2%
- Ponce Financial GroupPDLB8.0% of the fund-15%
- Pioneer BancorpPBFS7.4% of the fund-12%
- AerCap HoldingsAER7.0% of the fund-15%
- NI HoldingsNODK5.8% of the fund-6%
- Security National FinancialSNFCA4.8% of the fund-4%
- Rhinebeck BancorpRBKB2.3% of the fund-45%
- Parke BancorpPKBK2.2% of the fund-15%
- Provident Financial HoldingsPROV1.0% of the fund-16%
- Bogota FinancialBSBK0.9% of the fund-14%
- Washington Trust BancorpWASH0.2% of the fund-88%
Sold out
Sold their entire stake.
- SWK Hldgs-100%
- Brighthouse FinancialBHF-100%
- Air Lease-100%
- First Business Financial ServicesFBIZ-100%
- Winchester BancorpWSBK-100%
- NSTS BancorpNSTS-100%
- Virginia National BanksharesVABK-100%
- Auburn National BancorporationAUBN-100%
Holdings
- Northfield Bancorp INC DEL
- Share
- 3.0%
- Value
- $13m
- Shares
- 869,575
+12%
- Summit ST BK Santa Rosa CaliSSBI
- Share
- 1.1%
- Value
- $5m
- Shares
- 354,229
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Willis Lease FinanceWLFC | 35.9% | $151m | 661,998 | -2% |
| Ponce Financial GroupPDLB | 8.0% | $34m | 1,698,960 | -15% |
| Pioneer BancorpPBFS | 7.4% | $31m | 1,821,973 | -12% |
| AerCap HoldingsAER | 7.0% | $29m | 202,000 | -15% |
| AerSaleASLE | 6.6% | $28m | 4,439,008 | +11% |
| NI HoldingsNODK | 5.8% | $24m | 1,552,020 | -6% |
| Security National FinancialSNFCA | 4.8% | $20m | 2,108,648 | -4% |
| Green DOTGDOT | 3.9% | $16m | 1,214,680 | +62% |
| Alerus FinancialALRS | 3.1% | $13m | 417,108 | Held |
| Northfield Bancorp INC DEL | 3.0% | $13m | 869,575 | +12% |
| Rhinebeck BancorpRBKB | 2.3% | $10m | 552,076 | -45% |
| Parke BancorpPKBK | 2.2% | $9m | 282,593 | -15% |
| OppFiOPFI | 1.8% | $8m | 764,445 | New |
| CB Financial ServicesCBFV | 1.5% | $7m | 171,696 | Held |
| Broadway FinancialBYFC | 1.3% | $5m | 547,529 | +15% |
| Magyar BancorpMGYR | 1.2% | $5m | 286,394 | Held |
| Summit ST BK Santa Rosa CaliSSBI | 1.1% | $5m | 354,229 | Held |
| First Northern Community BancorpFNRN | 1.0% | $4m | 244,872 | New |
| Provident Financial HoldingsPROV | 1.0% | $4m | 239,094 | -16% |
| Bogota FinancialBSBK | 0.9% | $4m | 423,562 | -14% |
| Washington Trust BancorpWASH | 0.2% | $700,000 | 19,199 | -88% |
| SHF HoldingsSHFS | <0.1% | $74,000 | 308,000 | Held |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 19.1% since 30 June 2025.
Where the money is
Financial services46.3%
Industrials42.5%
Technology7.0%
Other4.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.