M3F, Inc.
CIK
1511291
Location
SALT LAKE CITY, UT
Portfolio Value
Small
$629,384,140
Diversification
Highly concentrated
Filing Date
Global Rank
#2,312
/ 8,622
▲ 242
· as of Mar 2026
Top Industry
Rental & Leasing Services
62.2%
3Y Alpha vs SPY
+11.7%
Period ended 4 months ago
Filed Apr 28, 2026 · 3mo
25 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.
Cloned portfolio
+180.0%
SPY
+67.9%
Annualised alpha
+22.1%
Max drawdown
−30.1%
Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.
Portfolio Concentration
27 tracked positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
55.0%
+3.7 pts
Top 5
74.0%
+1.1 pts
Top 10
88.5%
−1.3 pts
HHI
3,169
Highly concentrated+354
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 64.5% | $405,887,532 |
| Financial Services | 32.8% | $206,567,304 |
| Unclassified | 2.7% | $16,929,304 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
10 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| ASLE | AerSale Corp | +664,487 | 3,983,632 | $24,778,191 | |
| PDLB | Ponce Financial Group, Inc. | +147,979 | 2,003,960 | $33,486,171 | |
| SWKHL | SWK Holdings Corp | +141,802 | 995,256 | $16,929,304 | |
| NODK | NI Holdings, Inc. | +120,938 | 1,652,020 | $21,294,537 | |
| PBFS | Pioneer Bancorp, Inc./MD | +38,119 | 2,071,973 | $28,841,864 | |
| AER | AerCap Holdings N.V. | +29,500 | 238,000 | $32,648,840 | |
| BYFC | Broadway Financial Corp \De\ | +16,117 | 474,685 | $3,446,213 | |
| CBFV | CB Financial Services, Inc. | +7,425 | 171,439 | $5,859,785 | |
| ALRS | Alerus Financial Corp | +5,945 | 417,108 | $9,889,630 | |
| MGYR | Magyar Bancorp, Inc. | +3,544 | 283,894 | $4,914,205 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
7 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| AL | SUMISHO AIR LEASE CORP | −409,350 | 39,051 | $2,535,971 | |
| WSBK | Winchester Bancorp, Inc./MD/ | −119,400 | 24,586 | $312,242 | |
| SNFCA | Security National Financial Corp | −35,000 | 2,198,648 | $20,843,248 | |
| FBIZ | First Business Financial Services, Inc. | −29,252 | 29,685 | $1,600,912 | |
| PROV | Provident Financial Holdings Inc | −15,000 | 284,594 | $4,587,655 | |
| PKBK | Parke Bancorp, Inc. | −7,225 | 332,876 | $9,453,678 | |
| RBKB | Rhinebeck Bancorp, Inc. | −5,000 | 1,010,420 | $15,580,622 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
5 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BHF | Brighthouse Financial, Inc. | 280,000 | $16,766,400 | |
| NFBK | Northfield Bancorp, Inc. | 776,630 | $10,515,570 | |
| GDOT | Green Dot Corp | 748,806 | $8,401,603 | |
| VABK | Virginia National Bankshares Corp | 5,769 | $220,375 | |
| AUBN | Auburn National Bancorporation, Inc | 9,151 | $218,434 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
1 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AVBC | Avidia Bancorp, Inc. | 222,361 | $3,737,888 | |
| No positions match the current search. | ||||
27 tracked positions ·
$629,384,140 total
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| WLFC |
Willis Lease Finance Corp
Industrials
|
Held | 677,248 | $345,924,530 | 54.96% | |
| PDLB |
Ponce Financial Group, Inc.
Financial Services
|
Added | 2,003,960 | $33,486,171 | 5.32% | |
| AER |
AerCap Holdings N.V.
Industrials
|
Added | 238,000 | $32,648,840 | 5.19% | |
| PBFS |
Pioneer Bancorp, Inc./MD
Financial Services
|
Added | 2,071,973 | $28,841,864 | 4.58% | |
| ASLE |
AerSale Corp
Industrials
|
Added | 3,983,632 | $24,778,191 | 3.94% | |
| NODK |
NI Holdings, Inc.
Financial Services
|
Added | 1,652,020 | $21,294,537 | 3.38% | |
| SNFCA |
Security National Financial Corp
Financial Services
|
Reduced | 2,198,648 | $20,843,248 | 3.31% | |
| SWKHL |
SWK Holdings Corp
|
Added | 995,256 | $16,929,304 | 2.69% | |
| BHF |
Brighthouse Financial, Inc.
Financial Services
|
NEW | 280,000 | $16,766,400 | 2.66% | |
| RBKB |
Rhinebeck Bancorp, Inc.
Financial Services
|
Reduced | 1,010,420 | $15,580,622 | 2.48% | |
| NFBK |
Northfield Bancorp, Inc.
Financial Services
|
NEW | 776,630 | $10,515,570 | 1.67% | |
| ALRS |
Alerus Financial Corp
Financial Services
|
Added | 417,108 | $9,889,630 | 1.57% | |
| PKBK |
Parke Bancorp, Inc.
Financial Services
|
Reduced | 332,876 | $9,453,678 | 1.50% | |
| GDOT |
Green Dot Corp
Financial Services
|
NEW | 748,806 | $8,401,603 | 1.33% | |
| CBFV |
CB Financial Services, Inc.
Financial Services
|
Added | 171,439 | $5,859,785 | 0.93% | |
| WASH |
Washington Trust Bancorp Inc
Financial Services
|
Held | 166,485 | $5,570,588 | 0.89% | |
| MGYR |
Magyar Bancorp, Inc.
Financial Services
|
Added | 283,894 | $4,914,205 | 0.78% | |
| PROV |
Provident Financial Holdings Inc
Financial Services
|
Reduced | 284,594 | $4,587,655 | 0.73% | |
| BSBK |
Bogota Financial Corp.
Financial Services
|
Held | 493,732 | $4,196,722 | 0.67% | |
| BYFC |
Broadway Financial Corp \De\
Financial Services
|
Added | 474,685 | $3,446,213 | 0.55% | |
| AL |
SUMISHO AIR LEASE CORP
Industrials
|
Reduced | 39,051 | $2,535,971 | 0.40% | |
| FBIZ |
First Business Financial Services, Inc.
Financial Services
|
Reduced | 29,685 | $1,600,912 | 0.25% | |
| WSBK |
Winchester Bancorp, Inc./MD/
Financial Services
|
Reduced | 24,586 | $312,242 | 0.05% | |
| NSTS |
NSTS Bancorp, Inc.
Financial Services
|
Held | 26,664 | $310,902 | 0.05% | |
| SHFS |
SHF Holdings, Inc.
Financial Services
|
Held | 308,000 | $255,948 | 0.04% | |
| VABK |
Virginia National Bankshares Corp
Financial Services
|
NEW | 5,769 | $220,375 | 0.04% | |
| AUBN |
Auburn National Bancorporation, Inc
Financial Services
|
NEW | 9,151 | $218,434 | 0.03% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.