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M&T Bank Corp

MTB
Exchange
NYSE
Industry
State Commercial Banks
SEC CIK
0000036270

In the last 90 days, M&T Bank Corp insiders filed 0 open-market purchases and 7 sales; 1,165 institutions reported holding it in 13F filings for Q2 2026, worth $31.4B in total; no superinvestor holds it.

Other share classesMTB.PHMTB.PJMTB.PKMTB.PL

13F holders, Q4 2025

Institutional positions in M&T Bank Corp as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
1,105
+69 vs. Q3 2025
Shares held
136.3M
+1.27M (+0.9%) vs. Q3 2025
Total value
$27.5B
+$782.7M (+2.9%) vs. Q3 2025
New holders
152
354 more added
Sold out
83
393 more reduced

20 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MTB on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 1,105 institutions
Q1 2021: 661 institutionsQ2 2021: 677 institutionsQ3 2021: 649 institutionsQ4 2021: 706 institutionsQ1 2022: 758 institutionsQ2 2022: 888 institutionsQ3 2022: 923 institutionsQ4 2022: 897 institutionsQ1 2023: 828 institutionsQ2 2023: 831 institutionsQ3 2023: 808 institutionsQ4 2023: 891 institutionsQ1 2024: 896 institutionsQ2 2024: 922 institutionsQ3 2024: 946 institutionsQ4 2024: 1,046 institutionsQ1 2025: 1,039 institutionsQ2 2025: 1,026 institutionsQ3 2025: 1,056 institutionsQ4 2025: 1,105 institutionsQ1 2026: 1,111 institutionsQ2 2026: 1,165 institutions
Value heldQ4 2025: $27.5B
Q1 2021: $16.5BQ2 2021: $16.0BQ3 2021: $16.6BQ4 2021: $17.3BQ1 2022: $20.5BQ2 2022: $23.7BQ3 2022: $25.8BQ4 2022: $20.4BQ1 2023: $16.6BQ2 2023: $17.2BQ3 2023: $17.6BQ4 2023: $19.4BQ1 2024: $20.4BQ2 2024: $21.5BQ3 2024: $25.7BQ4 2024: $27.1BQ1 2025: $25.2BQ2 2025: $26.6BQ3 2025: $26.7BQ4 2025: $27.5BQ1 2026: $27.4BQ2 2026: $31.4B
Institutions holding MTB and their total value by quarter
QuarterHoldersValue
Q2 20261,165$31.4B
Q1 20261,111$27.4B
Q4 20251,105$27.5B
Q3 20251,056$26.7B
Q2 20251,026$26.6B
Q1 20251,039$25.2B
Q4 20241,046$27.1B
Q3 2024946$25.7B
Q2 2024922$21.5B
Q1 2024896$20.4B
Q4 2023891$19.4B
Q3 2023808$17.6B
Q2 2023831$17.2B
Q1 2023828$16.6B
Q4 2022897$20.4B
Q3 2022923$25.8B
Q2 2022888$23.7B
Q1 2022758$20.5B
Q4 2021706$17.3B
Q3 2021649$16.6B
Q2 2021677$16.0B
Q1 2021661$16.5B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding M&T Bank Corp; share changes are against Q3 2025.

Institutions holding MTB in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc19,318,599$3.89B0.06%+293,407+1.5%Added
FMR LLC13,326,445$2.69B0.14%+1,109,532+9.1%Added
BlackRock, Inc.12,903,491$2.60B0.04%+482,647+3.9%Added
Wellington Management Group LLP10,160,408$2.05B0.36%−75,658−0.7%Reduced
State Street Corp7,306,830$1.47B0.05%−150,276−2.0%Reduced
JPMorgan Chase & Co4,832,451$973.6M0.07%−817,311−14.5%Reduced
Geode Capital Management, LLC4,274,367$858.0M0.05%−41,467−1.0%Reduced
State Farm Mutual Automobile Insurance Co4,122,590$830.6M0.65%00.0%Unchanged
Invesco Ltd.4,090,299$824.1M0.08%+409,913+11.1%Added
Morgan Stanley3,995,284$805.0M0.05%−2,221,440−35.7%Reduced
Norges Bank1,998,500$402.7M0.04%+1,998,500New
Dimensional Fund Advisors LP1,551,263$312.6M0.07%−15,769−1.0%Reduced
Northern Trust Corp1,536,678$309.6M0.04%−74,725−4.6%Reduced
M&T Bank Corp1,490,449$300.3M0.96%+3,737+0.3%Added
Bank of America Corp1,423,756$286.9M0.02%+68,164+5.0%Added
Bank of New York Mellon Corp1,416,224$285.3M0.05%+49,336+3.6%Added
Nuveen, LLC1,400,368$282.1M0.07%−27,839−1.9%Reduced
Massachusetts Financial Services Co1,217,812$245.4M0.08%+35,801+3.0%Added
Goldman Sachs Group Inc1,136,180$228.9M0.03%+199,775+21.3%Added
UBS Asset Management Americas Inc1,092,956$220.2M0.05%−15,725−1.4%Reduced
Legal & General Group Plc1,072,695$216.1M0.05%+18,418+1.7%Added
UBS Group AG1,066,750$214.9M0.04%+31,854+3.1%Added
Charles Schwab Investment Management Inc995,107$200.5M0.03%+3,533+0.4%Added
London Co of Virginia975,521$196.5M1.13%−65,298−6.3%Reduced
Jennison Associates LLC829,772$167.2M0.10%−10,883−1.3%Reduced
First Trust Advisors LP821,446$165.5M0.12%+156,586+23.6%Added
Menora Mivtachim Holdings Ltd.773,119$155.8M0.73%00.0%Unchanged
Deutsche Bank AG675,742$136.1M0.04%+243,382+56.3%Added
Canoe Financial LP652,744$131.5M1.79%+219,065+50.5%Added
Thrivent Financial for Lutherans624,450$125.8M0.22%−42,995−6.4%Reduced
Brandywine Global Investment Management, LLC584,386$117.7M0.79%+113,108+24.0%Added
Wells Fargo & Company540,688$108.9M0.02%−7,287−1.3%Reduced
Barclays PLC530,305$106.8M0.04%+10,120+1.9%Added
Manufacturers Life Insurance Company, The514,952$103.8M0.09%−54,502−9.6%Reduced
Alliancebernstein L.P.473,746$95.5M0.03%+6,026+1.3%Added
Sumitomo Mitsui Trust Holdings, Inc.442,282$89.1M0.05%−20,851−4.5%Reduced
Boston Partners438,520$88.4M0.09%+18,107+4.3%Added
Davis Asset Management, L.P.400,000$80.6M2.89%+75,000+23.1%Added
Ameriprise Financial Inc397,393$80.1M0.02%+44,743+12.7%Added
Russell Investments Group, Ltd.396,531$80.0M0.09%+103,692+35.4%Added
LSV Asset Management391,900$79.0M0.17%+49,500+14.5%Added
BNP Paribas Arbitrage, SA378,416$76.2M0.05%+82,570+27.9%Added
Neuberger Berman Group LLC370,181$74.6M0.06%+182,935+97.7%Added
Stifel Financial Corp367,173$74.0M0.07%−13,505−3.5%Reduced
Federated Hermes, Inc.366,275$73.8M0.12%+42,299+13.1%Added
HSBC Holdings PLC364,874$73.6M0.04%−101,214−21.7%Reduced
RNC Capital Management LLC365,052$73.6M3.35%+3,618+1.0%Added
Huntington National Bank364,865$73.5M0.44%+3,215+0.9%Added
Korea Investment CORP356,521$71.8M0.14%+48,791+15.9%Added
Munich Reinsurance Co Stock Corp in Munich351,076$71.5M1.74%+95,025+37.1%Added
Anchor Capital Advisors LLC354,250$71.4M2.07%−2,137−0.6%Reduced
Agf Management Ltd338,881$68.3M0.30%+162,749+92.4%Added
Smead Capital Management, Inc.337,603$68.0M1.41%−23,408−6.5%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.328,091$66.9M0.05%+20,423+6.6%Added
Cooke & Bieler LP324,560$65.4M0.68%+1,150+0.4%Added
Amundi321,671$64.8M0.02%−51,374−13.8%Reduced
California Public Employees Retirement System317,494$64.0M0.04%+6,160+2.0%Added
Los Angeles Capital Management LLC341,050$62.3M0.21%−115,827−25.4%Reduced
Royal Bank of Canada305,957$61.6M0.01%−96,811−24.0%Reduced
Bank of Montreal304,604$61.4M0.03%−9,998−3.2%Reduced
Rhumbline Advisers292,729$59.0M0.05%−16,111−5.2%Reduced
National Pension Service277,286$55.9M0.04%+8,782+3.3%Added
Envestnet Asset Management Inc269,386$54.3M0.02%−6,457−2.3%Reduced
AQR Capital Management LLC265,285$53.4M0.03%−49,356−15.7%Reduced
Natixis Advisors, L.P.261,383$52.7M0.07%+27,733+11.9%Added
Victory Capital Management Inc256,309$51.6M0.03%−2,890−1.1%Reduced
Absher Wealth Management, LLC249,989$50.4M5.97%+868+0.3%Added
Berkshire Asset Management LLC240,943$48.5M2.13%−7,116−2.9%Reduced
Price T Rowe Associates Inc228,406$46.0M0.00%+2,720+1.2%Added
California State Teachers Retirement System218,544$44.0M0.04%−6,416−2.9%Reduced
Miller Howard Investments Inc212,511$42.8M1.29%+212,511New
Qube Research & Technologies Ltd208,489$42.0M0.06%+5,987+3.0%Added
LGT Capital Partners Ltd.207,841$41.9M2.08%+12,600+6.5%Added
Lansforsakringar Fondforvaltning AB (publ)207,123$41.7M0.21%+31,192+17.7%Added
Advisors Capital Management, LLC206,950$41.7M0.49%+7,537+3.8%Added
Principal Financial Group Inc182,150$36.7M0.02%+6,659+3.8%Added
Ariel Investments, LLC180,402$36.3M0.39%−11,032−5.8%Reduced
Canada Pension Plan Investment Board179,728$36.2M0.02%+110,211+158.5%Added
Invenomic Capital Management LP174,507$35.2M1.70%+27,540+18.7%Added
Sapient Capital LLC169,893$34.6M0.49%−4,626−2.7%Reduced
Caisse de Depot Et Placement du Quebec170,485$34.3M0.06%+36,505+27.2%Added
Citigroup Inc159,869$32.2M0.02%+288+0.2%Added
Bridgewater Associates, LP154,846$31.2M0.11%−5,881−3.7%Reduced
Tocqueville Asset Management L.P.149,133$30.0M0.44%+1,327+0.9%Added
Danske Bank A/S148,064$29.8M0.07%−1,779−1.2%Reduced
New York State Teachers Retirement System144,170$29.0M0.06%−103−0.1%Reduced
Quantinno Capital Management LP137,024$27.6M0.06%+25,966+23.4%Added
Artisan Partners Limited Partnership135,518$27.3M0.04%−25,162−15.7%Reduced
LPL Financial LLC129,971$26.2M0.01%−1,335−1.0%Reduced
Polaris Capital Management, LLC125,994$25.4M2.11%−22,400−15.1%Reduced
Raymond James Financial Inc124,425$25.1M0.01%−5,864−4.5%Reduced
State Board of Administration of Florida Retirement System121,876$24.6M0.04%+4,401+3.7%Added
Schroder Investment Management Group119,973$24.4M0.02%−31,759−20.9%Reduced
Standard Life Aberdeen plc117,137$23.6M0.04%−1,809−1.5%Reduced
O'Shaughnessy Asset Management, LLC115,994$23.4M0.13%+32,124+38.3%Added
Panagora Asset Management Inc113,301$22.8M0.08%+50,701+81.0%Added
STRS Ohio106,282$21.4M0.08%−19,462−15.5%Reduced
Sound Income Strategies, LLC100,223$21.3M1.01%+538+0.5%Added
Aviva PLC103,659$20.9M0.04%+5,381+5.5%Added
Universal- Beteiligungs- und Servicegesellschaft mbH103,166$20.8M0.03%−5,421−5.0%Reduced