M & T BankMTB
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 1,106 institutions reported holding M & T Bank Corp. (MTB) in their 13F filings, up 50 from Q3 2025. 97 opened new positions and 78 sold out. The largest holders were Vanguard Group Inc. ($3.9B), FMR LLC ($2.7B) and BlackRock, Inc. ($2.6B). 11 famous investors held it, including John W. Rogers Jr. (0.4% of Ariel Investments's portfolio), Ray Dalio (0.1% of Bridgewater Associates's portfolio) and Francois Rochon (0.1% of Giverny Capital's portfolio).
- Company
- M & T Bank Corp.
- Filed as
- M & T BK CORP (Q4 2025)
- Sector
- Finance
- CUSIP
- 55261F104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 97 | $115.8M |
| Exits | 78 | $168.2M |
All 13F filers, Q3 2025 → Q4 2025: 6,126,840 shares bought and 7,129,626 shares sold, net −1,002,786 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,106 holders
| Vanguard Group Inc. | 0.06% | Add +1.5% | 19,318,599 | $3.9B |
| FMR LLC | 0.14% | Add +9.1% | 13,326,445 | $2.7B |
| BlackRock, Inc. | 0.04% | Add +3.9% | 12,903,491 | $2.6B |
| Wellington Management Group LLP | 0.36% | Reduce -0.7% | 10,160,408 | $2.0B |
| State Street Corp. | 0.05% | Reduce -2.0% | 7,306,830 | $1.5B |
| JPMorgan Chase & Co. | 0.07% | Reduce -14.5% | 4,832,451 | $973.6M |
| Geode Capital Management, LLC | 0.05% | Reduce -1.0% | 4,274,367 | $858.0M |
| State Farm Mutual Automobile Insurance Co. | 0.65% | No change | 4,122,590 | $830.6M |
| Invesco Ltd. | 0.08% | Add +11.1% | 4,090,299 | $824.1M |
| Morgan Stanley | 0.05% | Reduce -35.7% | 3,995,284 | $805.0M |
| Norges Bank | 0.04% | — | 1,998,500 | $402.7M |
| Dimensional Fund Advisors LP | 0.07% | Reduce -1.0% | 1,551,263 | $312.6M |
| Northern Trust Corp. | 0.04% | Reduce -4.6% | 1,536,678 | $309.6M |
| M&T Bank Corp | 0.96% | Add +0.3% | 1,490,449 | $300.3M |
| Bank of America Corp. | 0.02% | Add +5.0% | 1,423,756 | $286.9M |
| Bank of New York Mellon Corp | 0.05% | Add +3.6% | 1,416,224 | $285.3M |
| Nuveen, LLC | 0.07% | Reduce -1.9% | 1,400,368 | $282.1M |
| Massachusetts Financial Services Co. | 0.08% | Add +3.0% | 1,217,812 | $245.4M |
| Goldman Sachs Group Inc. | 0.03% | Add +21.3% | 1,136,180 | $228.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.05% | Reduce -1.4% | 1,092,956 | $220.2M |
| Legal & General Group Plc | 0.05% | Add +1.8% | 1,072,695 | $216.1M |
| UBS Group AG | 0.04% | Add +3.1% | 1,066,750 | $214.9M |
| Charles Schwab Investment Management Inc. | 0.03% | Add +0.4% | 995,107 | $200.5M |
| London Co. of Virginia | 1.13% | Reduce -6.3% | 975,521 | $196.5M |
| Jennison Associates LLC | 0.10% | Reduce -1.3% | 829,772 | $167.2M |
| First Trust Advisors LP | 0.12% | Add +23.6% | 821,446 | $165.5M |
| Menora Mivtachim Holdings LTD. | 0.73% | No change | 773,119 | $155.8M |
| Deutsche Bank AG | 0.04% | Add +56.3% | 675,742 | $136.1M |
| Canoe Financial LP | 1.79% | Add +50.5% | 652,744 | $131.5M |
| Thrivent Financial for Lutherans | 0.23% | Reduce -6.4% | 624,450 | $125.8M |
| Brandywine Global Investment Management, LLC | 0.80% | Add +24.0% | 584,386 | $117.7M |
| Wells Fargo & Company | 0.02% | Reduce -1.3% | 540,688 | $108.9M |
| Barclays PLC | 0.04% | Add +1.9% | 530,305 | $106.8M |
| Manufacturers Life Insurance Company, The | 0.09% | Reduce -9.6% | 514,952 | $103.8M |
| Alliancebernstein L.P. | 0.03% | Add +1.3% | 473,746 | $95.5M |
| Sumitomo Mitsui Trust Group, Inc. | 0.05% | Reduce -4.5% | 442,282 | $89.1M |
| Boston Partners | 0.09% | Add +4.3% | 438,520 | $88.4M |
| Davis Asset Management, L.P. | 2.89% | Add +23.1% | 400,000 | $80.6M |
| Ameriprise Financial Inc. | 0.02% | Add +12.7% | 397,393 | $80.1M |
| Russell Investments Group, Ltd. | 0.09% | Add +35.4% | 396,531 | $80.0M |
| LSV Asset Management | 0.17% | Add +14.5% | 391,900 | $79.0M |
| BNP Paribas Financial Markets | 0.05% | Add +27.9% | 378,416 | $76.2M |
| Neuberger Berman Group LLC | 0.06% | Add +97.7% | 370,181 | $74.6M |
| Stifel Financial Corp. | 0.07% | Reduce -3.5% | 367,173 | $74.0M |
| Federated Hermes, Inc. | 0.12% | Add +13.1% | 366,275 | $73.8M |
| HSBC Holdings PLC | 0.04% | Reduce -21.7% | 364,874 | $73.6M |
| RNC Capital Management LLC | 3.35% | Add +1.0% | 365,052 | $73.6M |
| Huntington National Bank | 0.60% | Add +0.9% | 364,865 | $73.5M |
| Korea Investment CORP | 0.14% | Add +15.9% | 356,521 | $71.8M |
| Munich Reinsurance Co Stock Corp in Munich | 1.74% | Add +37.1% | 351,076 | $71.5M |
| Anchor Capital Advisors LLC | 2.07% | Reduce -0.6% | 354,250 | $71.4M |
| Agf Management Ltd. | 0.30% | Add +92.4% | 338,881 | $68.3M |
| Smead Capital Management, Inc. | 1.41% | Reduce -6.5% | 337,603 | $68.0M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.05% | Add +6.6% | 328,091 | $66.9M |
| Cooke & Bieler LP | 0.68% | Add +0.4% | 324,560 | $65.4M |
| Amundi | 0.02% | Reduce -13.8% | 321,671 | $64.8M |
| California Public Employees Retirement System | 0.04% | Add +2.0% | 317,494 | $64.0M |
| Los Angeles Capital Management LLC | 0.21% | Reduce -25.4% | 341,050 | $62.3M |
| Royal Bank of Canada | 0.01% | Reduce -24.0% | 305,957 | $61.6M |
| Bank of Montreal | 0.03% | Reduce -3.2% | 304,604 | $61.4M |
| Rhumbline Advisers | 0.05% | Reduce -5.2% | 292,729 | $59.0M |
| National Pension Service | 0.04% | Add +3.3% | 277,286 | $55.9M |
| Envestnet Asset Management Inc. | 0.02% | Reduce -2.3% | 269,386 | $54.3M |
| AQR Capital Management | 0.03% | Reduce -15.7% | 265,285 | $53.4M |
| Natixis Advisors, LLC | 0.07% | Add +11.9% | 261,383 | $52.7M |
| Victory Capital Management Inc. | 0.03% | Reduce -1.1% | 256,309 | $51.6M |
| Absher Wealth Management, LLC | 5.97% | Add +0.3% | 249,989 | $50.4M |
| Berkshire Asset Management LLC | 2.13% | Reduce -2.9% | 240,943 | $48.5M |
| T. Rowe Price Associates Inc. | 0.01% | Add +1.2% | 228,406 | $46.0M |
| California State Teachers Retirement System | 0.04% | Reduce -2.9% | 218,544 | $44.0M |
| Miller Howard Investments Inc. | 1.29% | New | 212,511 | $42.8M |
| Qube Research & Technologies Ltd | 0.06% | Add +3.0% | 208,489 | $42.0M |
| LGT Capital Partners LTD. | 2.08% | Add +6.5% | 207,841 | $41.9M |
| Lansforsakringar Fondforvaltning AB (publ) | 0.21% | Add +17.7% | 207,123 | $41.7M |
| Advisors Capital Management, LLC | 0.50% | Add +3.8% | 206,950 | $41.7M |
| Principal Financial Group Inc. | 0.02% | Add +3.8% | 182,150 | $36.7M |
| Ariel Investments | 0.39% | Reduce -5.8% | 180,402 | $36.3M |
| Canada Pension Plan Investment Board | 0.02% | Add +158.5% | 179,728 | $36.2M |
| Invenomic Capital Management LP | 1.70% | Add +18.7% | 174,507 | $35.2M |
| Sapient Capital LLC | 0.49% | Reduce -2.6% | 169,893 | $34.6M |
| Caisse de depot et placement du Quebec | 0.06% | Add +27.3% | 170,485 | $34.3M |
| Citigroup Inc. | 0.02% | Add +0.2% | 159,869 | $32.2M |
| Bridgewater Associates | 0.11% | Reduce -3.7% | 154,846 | $31.2M |
| Tocqueville Asset Management L.P. | 0.44% | Add +0.9% | 149,133 | $30.0M |
| Danske Bank A/S | 0.07% | Reduce -1.2% | 148,064 | $29.8M |
| New York State Teachers Retirement System | 0.06% | Reduce -0.1% | 144,170 | $29.0M |
| Quantinno Capital Management LP | 0.06% | Add +23.4% | 137,024 | $27.6M |
| Artisan Partners Limited Partnership | 0.04% | Reduce -15.7% | 135,518 | $27.3M |
| LPL Financial LLC | 0.01% | Reduce -1.0% | 129,971 | $26.2M |
| Polaris Capital Management, LLC | 2.11% | Reduce -15.1% | 125,994 | $25.4M |
| Raymond James Financial Inc. | 0.01% | Reduce -4.5% | 124,425 | $25.1M |
| State Board of Administration of Florida Retirement System | 0.04% | Add +3.8% | 121,876 | $24.6M |
| Schroder Investment Management Group | 0.02% | Reduce -20.9% | 119,973 | $24.4M |
| Aberdeen Group plc | 0.04% | Reduce -1.5% | 117,137 | $23.6M |
| O'shaughnessy Asset Management, LLC | 0.13% | Add +38.3% | 115,994 | $23.4M |
| Panagora Asset Management Inc. | 0.08% | Add +81.0% | 113,301 | $22.8M |
| STRS Ohio | 0.08% | Reduce -15.5% | 106,282 | $21.4M |
| Sound Income Strategies, LLC | 1.01% | Add +0.5% | 100,223 | $21.3M |
| Aviva PLC | 0.04% | Add +5.5% | 103,659 | $20.9M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.03% | Reduce -5.0% | 103,166 | $20.8M |
"% of holder's portfolio" is MTB's weight in each manager's 13F, not the share of M & T Bank Corp. the manager owns.