M&T Bank Corp
BankFiling Date
Global Rank
#304
/ 8,586
▼ 8
Top Industry
Semiconductors
9.8%
3Y Alpha vs SPY
-5.1%
Period ended 3 months ago
Filed May 12, 2026 · 35d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+56.6%
SPY
+78.1%
Annualised alpha
-5.1%
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, 2025Top 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 |
|---|---|---|
| Technology | 28.5% | $4,770,556,333 |
| Financial Services | 13.9% | $2,321,281,011 |
| Healthcare | 11.2% | $1,869,549,183 |
| Industrials | 9.8% | $1,638,905,541 |
| Consumer Cyclical | 7.9% | $1,322,150,790 |
| Energy | 6.6% | $1,096,615,345 |
| Consumer Defensive | 6.4% | $1,069,358,799 |
| Communication Services | 5.0% | $839,460,645 |
| Basic Materials | 3.5% | $591,087,634 |
| Unclassified | 2.9% | $491,959,198 |
| Utilities | 2.4% | $406,220,064 |
| Real Estate | 1.9% | $319,523,743 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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 | Open |
|---|---|---|---|---|
| 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. | ||||
68 positions ·
$1,069,358,799 total
· Consumer Defensive only
· 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 1–50
of 68 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Reduced | 193,664 | $192,972,613 | 18.05% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Reduced | 1,215,147 | $175,515,824 | 16.41% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Reduced | 1,030,640 | $160,048,077 | 14.97% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Reduced | 588,638 | $97,325,398 | 9.10% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Reduced | 1,165,770 | $88,656,804 | 8.29% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Reduced | 624,072 | $77,559,665 | 7.25% | |
| TGT |
Target Corp
Consumer Defensive
|
Reduced | 511,253 | $61,963,856 | 5.79% | |
| MO |
Altria Group, Inc.
Consumer Defensive
|
Reduced | 478,713 | $31,590,267 | 2.95% | |
| UL |
Unilever PLC
Consumer Defensive
|
Reduced | 511,213 | $29,123,799 | 2.72% | |
| CL |
Colgate Palmolive Co
Consumer Defensive
|
Reduced | 266,101 | $22,679,783 | 2.12% | |
| KMB |
Kimberly Clark Corp
Consumer Defensive
|
Added | 151,161 | $14,582,497 | 1.36% | |
| MDLZ |
Mondelez International, Inc.
Consumer Defensive
|
Reduced | 247,416 | $14,261,053 | 1.33% | |
| SYY |
Sysco Corp
Consumer Defensive
|
Reduced | 187,065 | $13,343,343 | 1.25% | |
| CHD |
Church & Dwight Co Inc /De/
Consumer Defensive
|
Reduced | 115,843 | $10,810,465 | 1.01% | |
| HSY |
Hershey Co
Consumer Defensive
|
Reduced | 35,162 | $7,309,824 | 0.68% | |
| GIS |
General Mills Inc
Consumer Defensive
|
Reduced | 185,730 | $6,912,866 | 0.65% | |
| BTI |
British American Tobacco p.l.c.
Consumer Defensive
|
Added | 101,609 | $5,941,075 | 0.56% | |
| MKC |
Mccormick & Co Inc
Consumer Defensive
|
Added | 94,409 | $4,761,986 | 0.45% | |
| SJM |
J M SMUCKER Co
Consumer Defensive
|
Added | 47,713 | $4,601,438 | 0.43% | |
| KR |
Kroger Co
Consumer Defensive
|
Reduced | 57,360 | $4,150,566 | 0.39% | |
| MNST |
Monster Beverage Corp
Consumer Defensive
|
Reduced | 50,840 | $3,683,862 | 0.34% | |
| INGR |
Ingredion Inc
Consumer Defensive
|
Reduced | 27,012 | $3,043,169 | 0.28% | |
| ADM |
Archer-Daniels-Midland Co
Consumer Defensive
|
Reduced | 35,974 | $2,614,946 | 0.24% | |
| DG |
Dollar General Corp
Consumer Defensive
|
Reduced | 21,851 | $2,594,365 | 0.24% | |
| KVUE |
Kenvue Inc.
Consumer Defensive
|
Added | 134,514 | $2,319,019 | 0.22% | |
| STZ |
Constellation Brands, Inc.
Consumer Defensive
|
Reduced | 14,916 | $2,237,400 | 0.21% | |
| CLX |
Clorox Co /De/
Consumer Defensive
|
Reduced | 19,193 | $1,988,968 | 0.19% | |
| TSN |
Tyson Foods, Inc.
Consumer Defensive
|
Reduced | 30,945 | $1,982,643 | 0.19% | |
| KHC |
Kraft Heinz Co
Consumer Defensive
|
Added | 73,650 | $1,656,385 | 0.15% | |
| USFD |
US Foods Holding Corp.
Consumer Defensive
|
Reduced | 15,603 | $1,438,749 | 0.13% | |
| DLTR |
Dollar Tree, Inc.
Consumer Defensive
|
Reduced | 12,675 | $1,388,035 | 0.13% | |
| WMK |
Weis Markets Inc
Consumer Defensive
|
Reduced | 20,010 | $1,368,483 | 0.13% | |
| EL |
Estee Lauder Companies Inc
Consumer Defensive
|
Reduced | 16,984 | $1,218,938 | 0.11% | |
| OLLI |
Ollie's Bargain Outlet Holdings, Inc.
Consumer Defensive
|
Reduced | 12,830 | $1,180,869 | 0.11% | |
| CAG |
Conagra Brands Inc.
Consumer Defensive
|
Reduced | 73,897 | $1,161,657 | 0.11% | |
| CELH |
Celsius Holdings, Inc.
Consumer Defensive
|
Reduced | 30,415 | $1,079,121 | 0.10% | |
| KDP |
Keurig Dr Pepper Inc.
Consumer Defensive
|
Reduced | 38,854 | $1,023,021 | 0.10% | |
| BJ |
BJ's Wholesale Club Holdings, Inc.
Consumer Defensive
|
Reduced | 10,140 | $997,975 | 0.09% | |
| SFM |
Sprouts Farmers Market, Inc.
Consumer Defensive
|
Added | 12,204 | $941,289 | 0.09% | |
| DAR |
Darling Ingredients Inc.
Consumer Defensive
|
Reduced | 13,040 | $806,520 | 0.08% | |
| BG |
Bunge Global SA
Consumer Defensive
|
Added | 6,193 | $787,746 | 0.07% | |
| DEO |
Diageo PLC
Consumer Defensive
|
Reduced | 10,170 | $757,153 | 0.07% | |
| PRMB |
Primo Brands Corp
Consumer Defensive
|
Added | 36,918 | $695,163 | 0.07% | |
| KOF |
Coca Cola Femsa Sab De CV
Consumer Defensive
|
Added | 5,557 | $542,084 | 0.05% | |
| PFGC |
Performance Food Group Co
Consumer Defensive
|
Reduced | 6,276 | $537,599 | 0.05% | |
| MZTI |
Marzetti Co
Consumer Defensive
|
Reduced | 3,843 | $531,599 | 0.05% | |
| LOPE |
Grand Canyon Education, Inc.
Consumer Defensive
|
Added | 3,053 | $519,099 | 0.05% | |
| CPB |
CAMPBELL'S Co
Consumer Defensive
|
Reduced | 22,630 | $503,966 | 0.05% | |
| NWL |
Newell Brands Inc.
Consumer Defensive
|
Added | 137,160 | $470,455 | 0.04% | |
| CCEP |
COCA-COLA EUROPACIFIC PARTNERS plc
Consumer Defensive
|
Reduced | 5,177 | $469,394 | 0.04% |