M&T Bank’s iShares MSCI USA Min Vol Factor ETF USMV Stock Holding History

M&T Bank’s Portfolio USMV Stock Details USMV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$7.98M	Sell	86,002 -10,453	-11%	-$993K	0.03%	312
2025 Q4	$9.08M	Sell	96,455 -4,275	-4%	-$403K	0.03%	302
2025 Q3	$9.58M	Sell	100,730 -32,194	-24%	-$3.02M	0.03%	286
2025 Q2	$12.5M	Sell	132,924 -8,869	-6%	-$816K	0.04%	258
2025 Q1	$13.3M	Sell	141,793 -16,473	-10%	-$1.52M	0.05%	246
2024 Q4	$14.1M	Sell	158,266 -31,630	-17%	-$2.9M	0.05%	240
2024 Q3	$17.3M	Sell	189,896 -17,810	-9%	-$1.57M	0.06%	225
2024 Q2	$17.4M	Sell	207,706 -37,194	-15%	-$3.06M	0.06%	227
2024 Q1	$20.5M	Sell	244,900 -30,633	-11%	-$2.47M	0.07%	200
2023 Q4	$21.5M	Sell	275,533 -231,575	-46%	-$17.3M	0.08%	194
2023 Q3	$36.7M	Sell	507,108 -19,872	-4%	-$1.48M	0.15%	130
2023 Q2	$39.2M	Sell	526,980 -30,786	-6%	-$2.25M	0.15%	127
2023 Q1	$40.6M	Sell	557,766 -35,880	-6%	-$2.58M	0.16%	125
2022 Q4	$42.8M	Buy	593,646 +54,180	+10%	+$3.86M	0.17%	124
2022 Q3	$35.7M	Sell	539,466 -41,720	-7%	-$3.01M	0.16%	133
2022 Q2	$28.8M	Buy	581,186 +123,598	+27%	+$9.05M	0.14%	141
2022 Q1	$35.5M	Sell	457,588 -169,136	-27%	-$12.8M	0.16%	132
2021 Q4	$50.7M	Buy	626,724 +51,916	+9%	+$4.02M	0.21%	108
2021 Q3	$42.2M	Sell	574,808 -77,818	-12%	-$5.93M	0.19%	116
2021 Q2	$48M	Sell	652,626 -190,744	-23%	-$13.8M	0.21%	109
2021 Q1	$58.4M	Sell	843,370 -1,482,458	-64%	-$100M	0.25%	93
2020 Q4	$158M	Sell	2,325,828 -151,834	-6%	-$10M	0.69%	29
2020 Q3	$158M	Sell	2,477,662 -127,317	-5%	-$8.08M	0.78%	27
2020 Q2	$158M	Sell	2,604,979 -166,673	-6%	-$9.89M	0.85%	24
2020 Q1	$150M	Buy	+2,771,652	New	+$176M	0.89%	23
2019 Q4	–	Sell	-2,542,246	Closed	-$163M	–	1627
2019 Q3	$163M	Buy	2,542,246 +147,170	+6%	+$9.32M	0.81%	27
2019 Q2	$148M	Buy	2,395,076 +205,352	+9%	+$12.3M	0.77%	31
2019 Q1	$129M	Sell	2,189,724 -503,852	-19%	-$28.2M	0.67%	35
2018 Q4	$141M	Buy	2,693,576 +1,663,255	+161%	+$91.4M	0.81%	28
2018 Q3	$58.8M	Buy	1,030,321 +989,106	+2,400%	+$55.1M	0.29%	86
2018 Q2	$2.19M	Sell	41,215 -1,803	-4%	-$94.9K	0.01%	522
2018 Q1	$2.23M	Sell	43,018 -60	-0.1%	-$3.17K	0.01%	515
2017 Q4	$2.27M	Sell	43,078 -6,991	-14%	-$363K	0.01%	516
2017 Q3	$2.52M	Buy	50,069 +30,426	+155%	+$1.52M	0.01%	491
2017 Q2	$961K	Sell	19,643 -1,328	-6%	-$64.7K	0.01%	757
2017 Q1	$1M	Sell	20,971 -180,372	-90%	-$8.45M	0.01%	750
2016 Q4	$9.11M	Sell	201,343 -3,797	-2%	-$169K	0.06%	232
2016 Q3	$9.32M	Sell	205,140 -29,214	-12%	-$1.35M	0.06%	234
2016 Q2	$10.8M	Buy	234,354 +49,032	+26%	+$2.18M	0.07%	217
2016 Q1	$8.14M	Buy	185,322 +93,046	+101%	+$3.87M	0.06%	239
2015 Q4	$3.86M	Buy	92,276 +68,250	+284%	+$2.84M	0.03%	373
2015 Q3	$951K	Buy	24,026 +2,403	+11%	+$98.2K	0.01%	828
2015 Q2	$872K	Buy	21,623 +9,786	+83%	+$405K	0.01%	948
2015 Q1	$488K	Buy	11,837 +84	+0.7%	+$3.46K	﹤0.01%	1199
2014 Q4	$476K	Buy	11,753 +206	+2%	+$8.11K	﹤0.01%	1232
2014 Q3	$435K	Buy	+11,547	New	+$434K	﹤0.01%	1336

Other funds holding USMV

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

Raymond James Financial St Petersburg, Florida $324B AUM 22.36% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

LPL Financial San Diego, California $377B AUM 19.32% 1-Year Est. Return

PNC Financial Services Group Pittsburgh, Pennsylvania $173B AUM 20.72% 1-Year Est. Return

Wealth Enhancement Advisory Services Plymouth, Minnesota $59.8B AUM 29.42% 1-Year Est. Return

CCA

Catalyst Capital Advisors Huntington, New York $5.37B AUM 18.53% 1-Year Est. Return

MRC

Millburn Ridgefield Corp New York $4.65B AUM 15.85% 1-Year Est. Return

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

M&T Bank's USMV Position: Q1 2026 in Review

M&T Bank reduced its iShares MSCI USA Min Vol Factor ETF (USMV) stake by 11% in Q1 2026, selling an estimated $993K and leaving 86,002 shares worth $7.98M. The position accounts for 0.03% of the portfolio, ranked #312.

M&T Bank first reported a position in USMV in Q3 2014 and has held it in 46 quarters since. The position peaked at $163M in Q3 2019. 1,355 funds tracked by Wall St. Rank hold USMV as of Q1 2026.

M&T Bank held 86,002 shares of iShares MSCI USA Min Vol Factor ETF worth $7.98M as of Q1 2026.
M&T Bank sold 10,453 iShares MSCI USA Min Vol Factor ETF shares in Q1 2026, an estimated $993K.
iShares MSCI USA Min Vol Factor ETF made up 0.03% of M&T Bank's portfolio in Q1 2026, its #312 holding.
M&T Bank first reported a position in iShares MSCI USA Min Vol Factor ETF in Q3 2014 and has held it in 46 quarters since.
M&T Bank's iShares MSCI USA Min Vol Factor ETF position peaked at $163M in Q3 2019.
1,355 funds tracked by Wall St. Rank held iShares MSCI USA Min Vol Factor ETF as of Q1 2026.

Based on M&T Bank's 13F filing for Q1 2026, filed 12 May 2026.