Absolute Return Capital’s M&T Bank MTB Stock Holding History

Absolute Return Capital’s Portfolio MTB Stock Details MTB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q3	–	Sell	-19,828	Closed	-$2.46M	–	808
2014 Q2	$2.46M	Buy	19,828 +10,096	+104%	+$1.23M	0.03%	539
2014 Q1	$1.18M	Sell	9,732 -4,705	-33%	-$543K	0.02%	600
2013 Q4	$1.68M	Sell	14,437 -3,818	-21%	-$434K	0.02%	542
2013 Q3	$2.04M	Sell	18,255 -31,439	-63%	-$3.64M	0.03%	503
2013 Q2	$5.55M	Buy	+49,694	New	+$5.12M	0.07%	298

Other funds holding MTB

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Absolute Return Capital's MTB Position: Q3 2014 in Review

Absolute Return Capital sold out of M&T Bank (MTB) in Q3 2014, closing a stake of 19,828 shares — an estimated $2.46M sold.

Absolute Return Capital first reported a position in MTB in Q2 2013 and held it in 5 quarters. The position peaked at $5.55M in Q2 2013. 511 funds tracked by Wall St. Rank hold MTB as of Q3 2014.

Absolute Return Capital reported no remaining M&T Bank position as of Q3 2014 after selling out during the quarter.
Absolute Return Capital sold 19,828 M&T Bank shares in Q3 2014, an estimated $2.46M.
Absolute Return Capital first reported a position in M&T Bank in Q2 2013 and held it in 5 quarters.
Absolute Return Capital's M&T Bank position peaked at $5.55M in Q2 2013.
511 funds tracked by Wall St. Rank held M&T Bank as of Q3 2014.

Based on Absolute Return Capital's 13F filing for Q3 2014, filed 14 Nov 2014.