13F

Position

M3F, Inc. in Ponce Financial Group, Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark $668$0.02$0.02

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20251.86M$30.3K8.3%
Q1 20262M$33.5K$0.02$668$2.47K8.3%