M3F, Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 13, 2026), M3F, Inc. reported 22 stock positions worth $422.2 million. Its top holding was Willis Lease Finance (WLFC) at 35.9% of the portfolio, followed by Ponce Financial (PDLB, 8.0%) and Pioneer Bancorp (PBFS, 7.4%). Compared with Q1 2026, it opened 2 new positions, sold out of 8, added to 6 and reduced 11. The biggest buy was Green Dot Class A (GDOT, shares +62%) and the biggest sale an exit from SWK (SWKH).
- Most Recent 13F
- Q2 2026
- Location
- SALT LAKE CITY, UT
- CIK
- 0001511291
- Portfolio Value
- $422.2M (Q2 2026)
- SEC Filing
- 0001511291-26-000003 ↗ filed Aug 13, 2026
Holdings Value
Holdings 22 stocks · $422.2M
| WLFC Willis Lease Finance Corp. | 35.88% | 661,998 | $151.5M | Reduce -2.3% |
| PDLB Ponce Financial Group Inc. | 8.02% | 1,698,960 | $33.9M | Reduce -15.2% |
| PBFS Pioneer Bancorp Inc. | 7.37% | 1,821,973 | $31.1M | Reduce -12.1% |
| AER Aercap Holdings NV | 6.98% | 202,000 | $29.4M | Reduce -15.1% |
| ASLE Aersale Corp. | 6.65% | 4,439,008 | $28.1M | Add +11.4% |
| NODK Ni Holdings Inc. filed as NI HLDGS INC | 5.78% | 1,552,020 | $24.4M | Reduce -6.0% |
| SNFCA Security Natl Finl Corp. Class A | 4.84% | 2,108,648 | $20.4M | Reduce -4.1% |
| GDOT Green Dot Corp. Class A | 3.89% | 1,214,680 | $16.4M | Add +62.2% |
| ALRS Alerus Financial Corp. | 3.07% | 417,108 | $13.0M | No change |
| NFBK Northfield Bancorp Inc. | 3.03% | 869,575 | $12.8M | Add +12.0% |
| RBKB Rhinebeck Bancorp Inc. | 2.26% | 552,076 | $9.6M | Reduce -45.4% |
| PKBK Parke Bancorp Inc. | 2.22% | 282,593 | $9.4M | Reduce -15.1% |
| OPFI Oppfi Inc. | 1.80% | 764,445 | $7.6M | New |
| CBFV CB Financial Services Inc. filed as CB FINL SVCS INC | 1.54% | 171,696 | $6.5M | Add +0.1% |
| BYFC Broadway Financial Corp. | 1.25% | 547,529 | $5.3M | Add +15.3% |
| MGYR Magyar Bancorp Inc. | 1.18% | 286,394 | $5.0M | Add +0.9% |
| SSBI Summit State Bank | 1.14% | 354,229 | $4.8M | No change |
| FNRN First Northern Community Ban | 1.04% | 244,872 | $4.4M | New |
| PROV Provident Financial Hldgs | 0.97% | 239,094 | $4.1M | Reduce -16.0% |
| BSBK Bogota Financial Corp. | 0.91% | 423,562 | $3.8M | Reduce -14.2% |
| WASH Washington Trust Bancorp | 0.17% | 19,199 | $700K | Reduce -88.5% |
| SHFS SHF Holdings Inc. | 0.02% | 308,000 | $74K | No change |
Portfolio Sells Q1 2026 → Q2 2026
| SWKH SWK Holdings Corp. | Sold out | 0.00% | −4.20 |
| BHF Brighthouse Financial Inc. | Sold out | 0.00% | −4.16 |
| RBKB Rhinebeck Bancorp Inc. | Reduce -45.4% | 2.26% | −1.60 |
| WASH Washington Trust Bancorp | Reduce -88.5% | 0.17% | −1.21 |
| AER Aercap Holdings NV | Reduce -15.1% | 6.98% | −1.12 |
| AL Sumisho Air Lease Corp. | Sold out | 0.00% | −0.63 |
| FBIZ First Business Financial Ser | Sold out | 0.00% | −0.40 |
| SNFCA Security Natl Finl Corp. Class A | Reduce -4.1% | 4.84% | −0.33 |
| PDLB Ponce Financial Group Inc. | Reduce -15.2% | 8.02% | −0.27 |
| PROV Provident Financial Hldgs | Reduce -16.0% | 0.97% | −0.16 |
| BSBK Bogota Financial Corp. | Reduce -14.2% | 0.91% | −0.13 |
| PKBK Parke Bancorp Inc. | Reduce -15.1% | 2.22% | −0.12 |
| WSBK Winchester Bancorp Inc. | Sold out | 0.00% | −0.08 |
| NSTS NSTS Bancorp Inc. | Sold out | 0.00% | −0.08 |
| VABK Virginia National Bankshares | Sold out | 0.00% | −0.05 |
| AUBN Auburn Natl Bancorporation | Sold out | 0.00% | −0.05 |
| PBFS Pioneer Bancorp Inc. | Reduce -12.1% | 7.37% | +0.22 |
| NODK Ni Holdings Inc. | Reduce -6.0% | 5.78% | +0.50 |
| WLFC Willis Lease Finance Corp. | Reduce -2.3% | 35.88% | +7.30 |
Portfolio Buys Q1 2026 → Q2 2026
| GDOT Green Dot Corp. Class A | Add +62.2% | 3.89% | +1.80 |
| OPFI Oppfi Inc. | New | 1.80% | +1.80 |
| FNRN First Northern Community Ban | New | 1.04% | +1.04 |
| ASLE Aersale Corp. | Add +11.4% | 6.65% | +0.50 |
| NFBK Northfield Bancorp Inc. | Add +12.0% | 3.03% | +0.43 |
| BYFC Broadway Financial Corp. | Add +15.3% | 1.25% | +0.40 |
| CBFV CB Financial Services Inc. | Add +0.1% | 1.54% | +0.09 |
| MGYR Magyar Bancorp Inc. | Add +0.9% | 1.18% | −0.03 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 22 | $422.2M | WLFC, PDLB, PBFS, AER, ASLE |
| Q1 2026 | 28 | $403.5M | WLFC, PDLB, AER, PBFS, ASLE |
| Q4 2025 | 25 | $364.1M | WLFC, PDLB, AER, AL, PBFS |
| Q3 2025 | 28 | $352.9M | WLFC, PDLB, AL, AER, PBFS |
| Q2 2025 | 30 | $354.5M | WLFC, PDLB, AL, PBFS, SNFCA |
| Q1 2025 | 31 | $363.8M | WLFC, PDLB, PBFS, SNFCA, ASLE |
| Q4 2024 | 29 | $345.9M | WLFC, PDLB, PBFS, SNFCA, NODK |
| Q3 2024 | 29 | $324.6M | WLFC, PDLB, PBFS, SNFCA, NODK |
| Q2 2024 | 34 | $270.2M | WLFC, PBFS, PDLB, SNFCA, SWKH |
| Q1 2024 | 37 | $282.5M | WLFC, PDLB, PBFS, NWLI, WFC |