M3F, Inc. reported 16 positions worth $352.08M for the quarter ended Sep 30, 2026, down 11.8% on the prior quarter. It opened 1 new position, added to 8, trimmed 5 and exited 3. Its largest holding is Willis Lease Finance Corp at 29.5% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| OPFI OppFi Inc. | +1.69M | +221.0% | $10.19M | 4.2% |
| FCBM First Carolina Financial Services, Inc. | +659.8K | – | $8.33M | 2.37% |
| WLFC Willis Lease Finance Corp | +97.7K | +4.9% | $4.87M | 29.54% |
| GDOT Green Dot Corp | +234.0K | +19.3% | $2.88M | 5.06% |
| PDLB Ponce Financial Group, Inc. | +111.6K | +6.6% | $2.22M | 10.25% |
| ASLE AerSale Corp | +251.2K | +5.7% | $1.32M | 6.98% |
| NODK NI Holdings, Inc. | +51.3K | +3.3% | $765.77K | 6.79% |
| PBFS Pioneer Bancorp, Inc. | +38.1K | +2.1% | $677.34K | 9.38% |
| MGYR Magyar Bancorp, Inc. | +422 | +0.1% | $8.04K | 1.55% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| RBKB Rhinebeck Bancorp, Inc. | -552.1K | -100.0% | $9.56M | Exited |
| FNRN First Northern Community Bancorp | -244.9K | -100.0% | $4.39M | Exited |
| PROV Provident Financial Holdings Inc | -44.4K | -18.6% | $800.73K | 0.996% |
| WASH Washington Trust Bancorp Inc | -19.2K | -100.0% | $700.00K | Exited |
| PKBK Parke Bancorp, Inc. | -6,460 | -2.3% | $211.25K | 2.56% |
| BSBK Bogota Financial Corp. | -5,427 | -1.3% | $49.11K | 1.07% |
| SNFCA Security National Financial Corp | -3,001 | -0.1% | $26.11K | 5.46% |
| CBFV CB Financial Services, Inc. | -319 | -0.2% | $11.75K | 1.79% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| FCBM First Carolina Financial Services, Inc. | +659.8K | $8.33M | 2.37% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | WLFC Willis Lease Finance Corp | Industrials | 2.08M | $104.00M | 29.54% | +97.7K | +4.9% | Added | 9.85% |
| 2 | PDLB Ponce Financial Group, Inc. | Financial Services | 1.81M | $36.10M | 10.25% | +111.6K | +6.6% | Added | 7.49% |
| 3 | PBFS Pioneer Bancorp, Inc. | Financial Services | 1.86M | $33.04M | 9.38% | +38.1K | +2.1% | Added | 7.49% |
| 4 | AER AerCap Holdings N.V. | Industrials | 202.0K | $28.99M | 8.23% | 0 | 0.0% | Unchanged | 0.12% |
| 5 | ASLE AerSale Corp | Industrials | 4.69M | $24.58M | 6.98% | +251.2K | +5.7% | Added | 9.84% |
| 6 | NODK NI Holdings, Inc. | Financial Services | 1.60M | $23.92M | 6.79% | +51.3K | +3.3% | Added | 7.7% |
| 7 | SNFCA Security National Financial Corp | Financial Services | 2.21M | $19.24M | 5.46% | -3,001 | -0.1% | Reduced | 8.08% |
| 8 | GDOT Green Dot Corp | Financial Services | 1.45M | $17.82M | 5.06% | +234.0K | +19.3% | Added | 2.55% |
| 9 | OPFI OppFi Inc. | Financial Services | 2.45M | $14.80M | 4.2% | +1.69M | +221.0% | Added | 3.63% |
| 10 | ALRS Alerus Financial Corp | Financial Services | 417.1K | $13.17M | 3.74% | 0 | 0.0% | Unchanged | 1.66% |
| 11 | PKBK Parke Bancorp, Inc. | Financial Services | 276.1K | $9.03M | 2.56% | -6,460 | -2.3% | Reduced | 2.35% |
| 12 | FCBM First Carolina Financial Services, Inc. | Financial Services | 659.8K | $8.33M | 2.37% | +659.8K | – | New | 2.12% |
| 13 | CBFV CB Financial Services, Inc. | Financial Services | 171.4K | $6.31M | 1.79% | -319 | -0.2% | Reduced | 3.37% |
| 14 | MGYR Magyar Bancorp, Inc. | Financial Services | 286.8K | $5.46M | 1.55% | +422 | +0.1% | Added | 4.44% |
| 15 | BSBK Bogota Financial Corp. | Financial Services | 418.1K | $3.78M | 1.07% | -5,427 | -1.3% | Reduced | 3.27% |
Tip. Select a row to see that position’s full history at M3F.
As of its Q3 2026 13F filing, M3F, Inc.’s five largest positions were Willis Lease Finance Corp (WLFC) at 29.5%, Ponce Financial Group, Inc. (PDLB) at 10.3%, Pioneer Bancorp, Inc. (PBFS) at 9.4%, AerCap Holdings N.V. (AER) at 8.2%, AerSale Corp (ASLE) at 7.0% of the reported portfolio.
M3F, Inc. reported a 13F portfolio worth $352.08M across 16 positions for Q3 2026. That is down 11.8% from the previous quarter.
Its largest purchases by value were OppFi Inc. ($10.19M), First Carolina Financial Services, Inc. ($8.33M), Willis Lease Finance Corp ($4.87M). It opened 1 new positions.
Its largest sales by value were Rhinebeck Bancorp, Inc. ($9.56M), First Northern Community Bancorp ($4.39M), Provident Financial Holdings Inc ($800.73K). It exited 3 positions entirely.
From the Form 13F-HR reports M3F, Inc. files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.