Port Capital’s M&T Bank MTB Stock Holding History

Port 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
2021 Q4	–	Sell	-148,643	Closed	-$22.2M	–	83
2021 Q3	$22.2M	Sell	148,643 -2,998	-2%	-$416K	1.12%	30
2021 Q2	$22M	Sell	151,641 -16,453	-10%	-$2.57M	1.15%	30
2021 Q1	$25.5M	Sell	168,094 -26,358	-14%	-$3.89M	1.44%	27
2020 Q4	$24.8M	Sell	194,452 -2,144	-1%	-$244K	1.68%	25
2020 Q3	$18.1M	Buy	196,596 +9,523	+5%	+$973K	1.56%	28
2020 Q2	$19.4M	Buy	187,073 +9,108	+5%	+$962K	1.87%	25
2020 Q1	$18.4M	Buy	177,965 +2,291	+1%	+$337K	2.56%	19
2019 Q4	$29.8M	Buy	175,674 +7,825	+5%	+$1.27M	3.29%	12
2019 Q3	$26.5M	Buy	167,849 +31,840	+23%	+$5.01M	3.03%	13
2019 Q2	$23.1M	Buy	136,009 +7,304	+6%	+$1.21M	2.73%	14
2019 Q1	$20.2M	Buy	128,705 +8,543	+7%	+$1.4M	2.64%	13
2018 Q4	$17.2M	Buy	120,162 +26,915	+29%	+$4.3M	2.61%	13
2018 Q3	$15.3M	Buy	93,247 +22,294	+31%	+$3.87M	1.86%	18
2018 Q2	$12.1M	Buy	70,953 +12,063	+20%	+$2.16M	1.58%	20
2018 Q1	$10.9M	Buy	58,890 +2,655	+5%	+$495K	1.54%	22
2017 Q4	$9.62M	Buy	+56,235	New	+$9.33M	1.36%	26

Other funds holding MTB

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

BlackRock New York $5.72T AUM 30.48% 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

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

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Charles Schwab San Francisco, California $654B AUM 26.35% 1-Year Est. Return

Port Capital's MTB Position: Q4 2021 in Review

Port Capital sold out of M&T Bank (MTB) in Q4 2021, closing a stake of 148,643 shares — an estimated $22.2M sold.

Port Capital first reported a position in MTB in Q4 2017 and held it in 16 quarters. The position peaked at $29.8M in Q4 2019. 704 funds tracked by Wall St. Rank hold MTB as of Q4 2021.

Port Capital reported no remaining M&T Bank position as of Q4 2021 after selling out during the quarter.
Port Capital sold 148,643 M&T Bank shares in Q4 2021, an estimated $22.2M.
Port Capital first reported a position in M&T Bank in Q4 2017 and held it in 16 quarters.
Port Capital's M&T Bank position peaked at $29.8M in Q4 2019.
704 funds tracked by Wall St. Rank held M&T Bank as of Q4 2021.

Based on Port Capital's 13F filing for Q4 2021, filed 14 Feb 2022.