M3f portfolio
Concentrated managerInvestment firmPortfolio as of Sep 30, 2026 (Q3 2026) · filed with the SEC on Oct 21, 2026 · data updated on Nov 5, 2026 · Q3 2026 13F (filing) ↗ · all its 13F filings ↗
A 13F shows the portfolio at quarter-end and is filed up to 45 days later: these are not real-time positions and they may have changed.
M3f reported a $391M portfolio of 21 positions to the SEC as of the end of Q3 2026. Its largest positions are WLFC, PDLB, PBFS. During the quarter it opened River City Bank and First Carolina Financial Services and exited Northfield Bancorp and First Northern Community Bancorp.
Sections with a free account
What changed this quarter
19 positions with a change (3 new, 9 added to, 3 trimmed, 4 sold). 8 are listed here: those of 0.5 points of the portfolio or more (up to 12).
- River City Bank+4.1 ppof portfolioNew— → 4.4%
- Northfield Bancorp−3.0 ppof portfolioSold out3.0% → —
- OppFi+221%more sharesIncreased1.8% → 3.8%
- First Carolina Financial Services+2.0 ppof portfolioNew— → 2.1%
- First Northern Community Bancorp−1.0 ppof portfolioSold out1.0% → —
- Green DOT+19%more sharesIncreased3.9% → 4.6%
- West Coast Community Bancorp+0.6 ppof portfolioNew— → 0.7%
- Ponce Financial Group+6.6%more sharesIncreased8.0% → 9.2%
The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight: what it bought or sold, excluding price effects.
Top holdings
- Willis Lease FinanceWLFC26.6%
- Ponce Financial GroupPDLB9.2%
- Pioneer BancorpPBFS8.4%
- AerCap HoldingsAER7.4%
- AerSaleASLE6.3%
- NI HoldingsNODK6.1%
- Security National FinancialSNFCA4.9%
- Green DOTGDOT4.6%
- River City BankRCBC4.4%
- OppFiOPFI3.8%
- Alerus FinancialALRS3.4%
- Parke BancorpPKBK2.3%
- First Carolina Financial ServicesFCBM2.1%
- Rhinebeck Bancorp2.0%
- Broadway FinancialBYFC1.8%
“Since”: first quarter of the current run, unbroken until today. In the details, prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
Portfolio by sector
- ● Financials 52%
- ● Industrials 40%
- ● No sector 8%
How its portfolio changed (8 quarters)
Q3 2026: 21
Q3 2026: 82%
Q3 2026: 18.4%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Stakes above 5% (13D/13G)
Companies where this filer reported holding 5% or more of the shares. It is the figure from its latest filing on each one; history since December 2024.
How we classify it
Investment firm, per its Form ADV of Mar 17, 2026 (high confidence).
The data, as reported: M3F, INC. (CRD 151191): 7.B private funds: 1 hedge (gross assets $778M); 5.D assets by client type: pooled vehicles 100% (of $778M)
The type comes from a rule applied to that data. If it looks wrong, tell us.
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