M&T Bank Corp

Bank

CIK

36270

Location

BUFFALO, NY

Portfolio Value

Large $16,736,668,286

Diversification

Diversified

Filing Date

Global Rank

#304 / 8,588 ▼ 8

Top Industry

Semiconductors 9.8%

3Y Alpha vs SPY

-4.7%

Period ended 3 months ago

Filed May 12, 2026 · 37d

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+56.8%

SPY

+76.8%

Annualised alpha

-4.7%

Max drawdown

−18.1%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

1,422 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

7.0%

−0.3 pts

Top 5

20.9%

−2.1 pts

Top 10

31.1%

−2.0 pts

HHI

155

Diversified−19

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	28.5%	$4,770,556,333	208
Financial Services	13.9%	$2,321,281,011	225
Healthcare	11.2%	$1,869,549,183	166
Industrials	9.8%	$1,638,905,541	212
Consumer Cyclical	7.9%	$1,322,150,790	161
Energy	6.6%	$1,096,615,345	75
Consumer Defensive	6.4%	$1,069,358,799	68
Communication Services	5.0%	$839,460,645	53
Basic Materials	3.5%	$591,087,634	65
Unclassified	2.9%	$491,959,198	12
Utilities	2.4%	$406,220,064	54
Real Estate	1.9%	$319,523,743	123

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
T	At&T Inc.	+607,874	1,544,841	$44,784,929
LYG	Lloyds Banking Group plc	+390,182	475,389	$2,391,204
DOC	Healthpeak Properties, Inc.	+244,447	1,593,088	$26,174,429
PFE	Pfizer Inc	+121,159	2,661,147	$74,724,998
DOW	Dow Inc.	+62,177	1,217,252	$50,698,539
FMC	Fmc Corp	+55,290	125,600	$2,162,829
NWL	Newell Brands Inc.	+48,692	137,160	$470,455
BBVA	Banco Bilbao Vizcaya Argentaria, S.A.	+42,856	84,618	$1,832,823
PTON	Peloton Interactive, Inc.	+42,378	76,348	$327,531
BTI	British American Tobacco p.l.c.	+40,724	101,609	$5,941,075
CLVT	Clarivate PLC	+34,654	44,661	$112,989
KMB	Kimberly Clark Corp	+33,938	151,161	$14,582,497
SON	Sonoco Products Co	+33,805	72,529	$3,923,090
COTY	Coty Inc.	+33,273	43,492	$87,416
D	Dominion Energy, Inc	+32,326	177,543	$10,975,704
ACHR	Archer Aviation Inc.	+31,322	47,339	$244,740
QXO	QXO, Inc.	+28,398	50,341	$977,619
ENB	Enbridge Inc	+27,456	631,548	$34,192,003
TFC	Truist Financial Corp	+25,899	208,937	$9,604,831
FITB	Fifth Third Bancorp	+25,852	86,095	$3,999,969
OWL	Blue Owl Capital Inc.	+24,752	48,464	$442,474
MKC	Mccormick & Co Inc	+24,186	94,409	$4,761,986
JOBY	Joby Aviation, Inc.	+20,130	34,164	$282,192
SE	Sea Ltd	+18,345	83,135	$6,884,406
NVS	Novartis AG	+18,264	171,848	$26,249,779
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
MTB	M&T Bank Corp	−881,972	608,477	$125,784,363
OMC	Omnicom Group Inc.	−221,787	150,390	$11,325,865
CPNG	Coupang, Inc.	−216,668	102,303	$1,931,480
BAC	Bank Of America Corp /De/	−191,198	3,178,457	$154,949,772
BBN	BlackRock Taxable Municipal Bond Trust	−181,792	315,445	$5,100,740
AAPL	Apple Inc.	−147,959	4,632,711	$1,175,735,718
NBB	Nuveen Taxable Municipal Income Fund	−144,030	249,972	$3,914,557
CTRA	Coterra Energy Inc.	−108,220	97,466	$3,424,951
JCI	Johnson Controls International plc	−98,114	721,311	$94,455,666
XOM	Exxon Mobil Corp	−93,380	1,750,377	$296,968,952
CSCO	Cisco Systems, Inc.	−91,541	2,486,091	$192,895,790
VICI	Vici Properties Inc.	−80,994	896,997	$24,505,952
IAU	Ishares Gold Trust	−78,924	242,052	$21,339,302
NVDA	Nvidia Corp	−75,348	3,543,457	$617,978,895
AVGO	Broadcom Inc.	−72,544	1,498,957	$463,942,174
ORI	Old Republic International Corp	−70,861	924,708	$36,895,842
CMCSA	Comcast Corp	−61,217	534,225	$15,337,594
ECC	Eagle Point Credit Co	−59,589	18,841	$70,842
JPM	Jpmorgan Chase & Co	−59,553	1,738,560	$511,414,799
CERT	Certara, Inc.	−58,867	13,164	$75,033
RF	Regions Financial Corp	−57,713	867,331	$22,654,677
MUFG	Mitsubishi Ufj Financial Group Inc	−54,622	295,559	$5,015,634
VZ	Verizon Communications Inc	−53,916	1,435,830	$72,078,659
MSFT	Microsoft Corp	−53,363	1,973,948	$730,696,323
ESRT	Empire State Realty Trust, Inc.	−51,339	31,619	$164,417
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
AZN	Astrazeneca PLC	124,179	$24,490,577
TEVA	Teva Pharmaceutical Industries Ltd	98,463	$2,965,703
AMCR	Amcor plc	70,600	$2,806,347
QGEN	Qiagen N.V.	49,477	$1,981,055
RYN	Rayonier Inc	65,344	$1,347,388
PNFP	Pinnacle Financial Partners, Inc.	13,169	$1,134,374
INTR	Inter & Co, Inc.	131,619	$1,047,687
TEM	Tempus AI, Inc.	22,212	$1,004,422
MSM	Msc Industrial Direct Co Inc	10,401	$959,697
SM	SM Energy Co	28,290	$882,078
VSNT	Versant Media Group, Inc.	16,040	$593,796
OLN	OLIN Corp	19,769	$587,729
HNGE	Hinge Health, Inc.	15,101	$582,292
IRMD	Iradimed Corp	5,400	$519,802
TPG	TPG Inc.	12,231	$495,475
ARLP	Alliance Resource Partners LP	11,965	$330,832
SLAB	Silicon Laboratories Inc.	1,529	$318,259
PRM	Perimeter Solutions, Inc.	12,693	$309,960
SIRI	Sirius Xm Holdings Inc.	13,214	$304,975
EAT	Brinker International, Inc	2,127	$303,668
TTMI	Ttm Technologies Inc	3,081	$300,148
NE	Noble Corp plc	6,053	$297,018
LIVN	LivaNova PLC	4,525	$287,606
S	SentinelOne, Inc.	21,904	$282,120
WSFS	Wsfs Financial Corp	4,250	$278,202
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
MNDY	monday.com Ltd.	10,351	$1,527,391
EXAS	EXACT SCIENCES CORP	11,211	$1,138,585
NC	Nacco Industries Inc	21,500	$1,054,360
ICLR	Icon PLC	3,805	$693,344
AMRZ	Amrize Ltd	9,952	$538,204
ITUB	Itau Unibanco Holding S.A.	74,468	$533,190
GLOB	Globant S.A.	7,206	$471,052
INSP	Inspire Medical Systems, Inc.	4,708	$434,215
FSV	FirstService Corp	2,783	$432,838
WING	Wingstop Inc.	1,761	$419,977
OS	OneStream, Inc.	22,118	$406,527
CHDN	Churchill Downs Inc	3,269	$371,942
HBB	Hamilton Beach Brands Holding Co	21,500	$353,675
RH	Rh	1,854	$332,140
STRA	Strategic Education, Inc.	3,809	$305,479
ZG	Zillow Group, Inc.	4,476	$305,392
TGNA	TEGNA INC	15,341	$297,766
ATRC	AtriCure, Inc.	7,060	$279,292
WPP	WPP plc	11,804	$265,113
ADT	ADT Inc.	31,784	$256,493
BILL	BILL Holdings, Inc.	4,697	$256,171
RVLV	Revolve Group, Inc.	8,409	$253,867
TPB	Turning Point Brands, Inc.	2,330	$252,572
HMC	Honda Motor Co Ltd	8,519	$251,136
MGA	Magna International Inc	4,681	$249,496
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

1,422 positions · $16,736,668,286 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 101–150 of 1,422 positions by value · page 3 of 29

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
HOPE	Hope Bancorp Inc Financial Services	Reduced	16,990	-129	$189,776	+1.1%	0.00%
HLMN	Hillman Solutions Corp. Industrials	Reduced	23,016	-1,657	$191,492	−10.4%	0.00%
WSC	WillScot Holdings Corp Industrials	Added	11,109	+353	$192,849	−4.8%	0.00%
MHD	Blackrock Muniholdings Fund, Inc. Financial Services	Reduced	17,101	-3,165	$192,898	−18.9%	0.00%
NTST	NETSTREIT Corp. Real Estate	NEW	10,326	NEW	$194,436	NEW	0.00%
CPRI	Capri Holdings Ltd Consumer Cyclical	Reduced	11,204	-3,120	$197,411	−43.5%	0.00%
AUR	Aurora Innovation, Inc. Consumer Cyclical	Added	48,034	+2,151	$197,897	+12.3%	0.00%
ARLO	Arlo Technologies, Inc. Industrials	Reduced	14,043	-665	$199,830	−2.9%	0.00%
ALH	Alliance Laundry Holdings Inc. Consumer Cyclical	Reduced	9,663	-9,012	$200,410	−47.3%	0.00%
ORA	Ormat Technologies, Inc. Utilities	Reduced	1,791	-267	$200,446	−11.8%	0.00%
IEP	Icahn Enterprises L.P. Energy	Held	26,562	0	$200,543	0.0%	0.00%
NOVT	Novanta Inc Technology	NEW	1,702	NEW	$201,021	NEW	0.00%
RITM	Rithm Capital Corp. Real Estate	Reduced	21,242	-73	$201,370	−13.3%	0.00%
RNG	RingCentral, Inc. Technology	NEW	5,435	NEW	$202,124	NEW	0.00%
IBOC	International Bancshares Corp Financial Services	NEW	3,010	NEW	$202,541	NEW	0.00%
FOUR	Shift4 Payments, Inc. Technology	Added	4,632	+1,356	$202,555	−1.8%	0.00%
FLUT	Flutter Entertainment plc Consumer Cyclical	Reduced	1,994	-500	$203,287	−62.1%	0.00%
GSHD	Goosehead Insurance, Inc. Financial Services	Reduced	4,769	-1,949	$203,443	−58.9%	0.00%
GMAB	Genmab A/S Healthcare	Reduced	7,600	-1,531	$203,904	−27.5%	0.00%
PSN	Parsons Corp Technology	NEW	3,770	NEW	$204,217	NEW	0.00%
PDM	Piedmont Realty Trust, Inc. Real Estate	Reduced	31,122	-2,856	$204,469	−27.8%	0.00%
NBIS	Nebius Group N.V. Communication Services	NEW	1,971	NEW	$204,509	NEW	0.00%
CARG	CarGurus, Inc. Consumer Cyclical	NEW	6,018	NEW	$204,910	NEW	0.00%
LZB	La-Z-Boy Inc Consumer Cyclical	Reduced	6,376	-165	$204,921	−15.9%	0.00%
EPAM	EPAM Systems, Inc. Technology	Reduced	1,518	-865	$205,535	−57.9%	0.00%
ALKS	Alkermes plc. Healthcare	NEW	5,850	NEW	$206,853	NEW	0.00%
TPH	Tri Pointe Homes, Inc. Consumer Cyclical	NEW	4,434	NEW	$207,198	NEW	0.00%
TRI	Thomson Reuters Corp /Can/ Industrials	Reduced	2,304	-88	$207,313	−34.3%	0.00%
PLAB	Photronics Inc Technology	Reduced	5,140	-4,313	$207,705	−31.3%	0.00%
AVTR	Avantor, Inc. Healthcare	Added	26,521	+9,311	$207,921	+5.4%	0.00%
BOOT	Boot Barn Holdings, Inc. Consumer Cyclical	NEW	1,427	NEW	$208,854	NEW	0.00%
AWI	Armstrong World Industries Inc Industrials	Reduced	1,272	-246	$209,624	−27.7%	0.00%
QLYS	Qualys, Inc. Technology	Reduced	2,397	-163	$210,575	−38.1%	0.00%
XHR	Xenia Hotels & Resorts, Inc. Real Estate	Reduced	14,260	-59	$211,474	+4.4%	0.00%
HWKN	Hawkins Inc Basic Materials	NEW	1,377	NEW	$211,504	NEW	0.00%
ALG	Alamo Group Inc Industrials	Reduced	1,286	-13	$212,150	−2.7%	0.00%
TARS	Tarsus Pharmaceuticals, Inc. Healthcare	Reduced	3,027	-88	$212,341	−16.7%	0.00%
KD	Kyndryl Holdings, Inc. Technology	Added	16,192	+4,234	$212,435	−33.1%	0.00%
OKLO	Oklo Inc. Utilities	Reduced	4,288	-35	$212,640	−31.5%	0.00%
PHI	PLDT Inc. Communication Services	Held	10,110	0	$212,714	−3.2%	0.00%
ATRO	Astronics Corp Industrials	NEW	3,195	NEW	$213,201	NEW	0.00%
CUBI	Customers Bancorp, Inc. Financial Services	Reduced	3,076	-6	$213,504	−5.3%	0.00%
NVST	Envista Holdings Corp Healthcare	NEW	8,431	NEW	$213,892	NEW	0.00%
ATEN	A10 Networks, Inc. Technology	NEW	9,273	NEW	$214,390	NEW	0.00%
HWC	Hancock Whitney Corp Financial Services	Added	3,391	+112	$215,631	+3.3%	0.00%
OII	Oceaneering International Inc Energy	NEW	6,082	NEW	$215,725	NEW	0.00%
SHOO	Steven Madden, Ltd. Consumer Cyclical	Reduced	6,372	-104	$216,137	−19.8%	0.00%
CVE	Cenovus Energy Inc. Energy	NEW	8,169	NEW	$216,723	NEW	0.00%
BCX	BlackRock Resources & Commodities Strategy Trust Financial Services	NEW	18,000	NEW	$216,900	NEW	0.00%
NN	Nextnav Inc. Technology	Added	13,632	+726	$218,382	+1.7%	0.00%