M3F, Inc.
Portfolio value QoQ: +4.6% 13F does not disclose cash
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 5.64% Est. buys $23,282 · sells $76,810
Median holding: 4.0 quarters Tracked Q1 2025–Q2 2026 · 50.0% still held
Sector breakdown
Full portfolio 22 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| WLFC | $151,465 | 35.88% | 661,998 | $36,157 | Down ×1 | ||
| PDLB | $33,877 | 8.02% | 1,698,960 | $391 | Down ×1 | ||
| PBFS | $31,101 | 7.37% | 1,821,973 | $2,259 | Down ×1 | ||
| AER | $29,448 | 6.98% | 202,000 | $-3,201 | Down ×1 | ||
| ASLE | $28,055 | 6.65% | 4,439,008 | $3,277 | Up ×3 | ||
| NODK | $24,382 | 5.78% | 1,552,020 | $3,087 | Down ×1 | ||
| SNFCA | $20,433 | 4.84% | 2,108,648 | $-410 | Down ×2 | ||
| GDOT | $16,410 | 3.89% | 1,214,680 | $8,008 | Up ×1 | ||
| ALRS | $12,972 | 3.07% | 417,108 | $3,082 | |||
| NFBK | $12,809 | 3.03% | 869,575 | $2,293 | Up ×1 | ||
| RBKB | $9,556 | 2.26% | 552,076 | $-6,025 | Down ×2 | ||
| PKBK | $9,371 | 2.22% | 282,593 | $-83 | Down ×4 | ||
| OPFI | $7,591 | 1.80% | 764,445 | Up ×1 | |||
| CBFV | $6,507 | 1.54% | 171,696 | $647 | Up ×2 | ||
| BYFC | $5,289 | 1.25% | 547,529 | $1,843 | Up ×6 | ||
| MGYR | $4,998 | 1.18% | 286,394 | $84 | Up ×2 | ||
| SSBI | $4,803 | 1.14% | 354,229 | $67 | |||
| FNRN | $4,393 | 1.04% | 244,872 | Up ×1 | |||
| PROV | $4,112 | 0.97% | 239,094 | $-476 | Down ×5 | ||
| BSBK | $3,825 | 0.91% | 423,562 | $-372 | Down ×1 | ||
| WASH | $700 | 0.17% | 19,199 | $-4,871 | Down ×1 | ||
| SHFS | $74 | 0.02% | 308,000 | $-182 | |||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
Biggest new bets
New positions opened this quarter, largest first.
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| WLFC | Trimmed | -15K | +$36K |
| GDOT | Bought more | +466K | +$8K |
| RBKB | Trimmed | -458K | -$6K |
| ASLE | Bought more | +455K | +$3K |
| AER | Trimmed | -36K | -$3K |
| NODK | Trimmed | -100K | +$3K |
| ALRS | Price move only | +0 | +$3K |
| NFBK | Bought more | +93K | +$2K |
| PBFS | Trimmed | -250K | +$2K |
| BYFC | Bought more | +73K | +$2K |
1 position hidden — reported move looks larger than the position itself (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SWKH | June 30, 2026 | 995,256 | $16,929 | No longer tracked |
| BHF | June 30, 2026 | 280,000 | $16,766 | -21.0% |
| PVBC | June 30, 2025 | 1,138,538 | $13,070 | No longer tracked |
| EBC | Sept. 30, 2025 | 487,760 | $7,448 | 18.3% |
| BFIN | March 31, 2026 | 491,747 | $5,901 | No longer tracked |
| TSBK | Sept. 30, 2025 | 171,401 | $5,348 | 36.7% |
| BRKL | Sept. 30, 2025 | 420,926 | $4,441 | No longer tracked |
| AVBC | March 31, 2026 | 222,361 | $3,738 | 13.1% |
| BBT | Dec. 31, 2025 | 133,121 | $3,156 | 7.5% |
| OVLY | Sept. 30, 2025 | 113,840 | $3,101 | 21.0% |
| FBLA | Dec. 31, 2025 | 254,832 | $3,063 | 32.0% |
| AL | June 30, 2026 | 39,051 | $2,536 | No longer tracked |
| AIR | June 30, 2025 | 34,462 | $1,930 | 49.0% |
| FBIZ | June 30, 2026 | 29,685 | $1,601 | 12.3% |
| LSBK | Dec. 31, 2025 | 74,801 | $972 | 25.4% |
| CPBI | Dec. 31, 2025 | 42,258 | $684 | 18.6% |
| WSBK | June 30, 2026 | 24,586 | $312 | -1.8% |
| NSTS | June 30, 2026 | 26,664 | $311 | 3.6% |
| VABK | June 30, 2026 | 5,769 | $220 | 6.0% |
| AUBN | June 30, 2026 | 9,151 | $218 | -0.2% |