Ray Dalio
MTB icon

Ray Dalio’s M&T Bank MTB Stock Holding History

Ray Dalio’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
2026
Q1 		$8.52M Sell
41,196
-113,650
-73% -$24.5M 0.04% 296
2025
Q4 		$31.2M Sell
154,846
-5,881
-4% -$1.12M 0.11% 144
2025
Q3 		$31.8M Buy
160,727
+75,219
+88% +$14.8M 0.12% 135
2025
Q2 		$16.6M Buy
85,508
+77,083
+915% +$13.6M 0.07% 198
2025
Q1 		$1.51M Buy
+8,425
New +$1.6M 0.01% 479
2023
Q2 		– Sell
-6,022
Closed -$720K – 747
2023
Q1 		$720K Sell
6,022
-43,595
-88% -$6.33M ﹤0.01% 605
2022
Q4 		$7.2M Buy
49,617
+12,853
+35% +$2.11M 0.04% 298
2022
Q3 		$6.48M Buy
36,764
+26,573
+261% +$4.7M 0.03% 331
2022
Q2 		$1.62M Sell
10,191
-3,892
-28% -$654K 0.01% 719
2022
Q1 		$2.39M Sell
14,083
-8,851
-39% -$1.56M 0.01% 637
2021
Q4 		$3.52M Sell
22,934
-27,134
-54% -$4.17M 0.02% 371
2021
Q3 		$7.48M Buy
50,068
+6,140
+14% +$851K 0.04% 236
2021
Q2 		$6.38M Sell
43,928
-6,382
-13% -$997K 0.04% 282
2021
Q1 		$7.63M Buy
50,310
+30,595
+155% +$4.51M 0.07% 188
2020
Q4 		$2.51M Buy
+19,715
New +$2.25M 0.02% 276
2020
Q1 		– Sell
-27,364
Closed -$4.64M – 532
2019
Q4 		$4.64M Buy
+27,364
New +$4.44M 0.05% 112
2019
Q2 		– Sell
-4,017
Closed -$631K – 351
2019
Q1 		$631K Sell
4,017
-12,956
-76% -$2.13M ﹤0.01% 275
2018
Q4 		$2.43M Buy
16,973
+8,614
+103% +$1.38M 0.02% 220
2018
Q3 		$1.38M Buy
8,359
+7,148
+590% +$1.24M 0.01% 205
2018
Q2 		$206K Sell
1,211
-4,393
-78% -$787K ﹤0.01% 448
2018
Q1 		$1.03M Buy
+5,604
New +$1.04M 0.01% 262
2017
Q1 		– Sell
-3,600
Closed -$563K – 291
2016
Q4 		$563K Buy
+3,600
New +$487K 0.01% 243

Other funds holding MTB

Fidelity Investments
Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
VPM
Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
State Farm Mutual Automobile Insurance
State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

Ray Dalio's MTB Position: Q1 2026 in Review

Ray Dalio reduced its M&T Bank (MTB) stake by 73% in Q1 2026, selling an estimated $24.5M and leaving 41,196 shares worth $8.52M. The position accounts for 0.04% of the portfolio, ranked #296.

Ray Dalio first reported a position in MTB in Q4 2016 and has held it in 22 quarters since. The position peaked at $31.8M in Q3 2025. 1,108 funds tracked by Wall St. Rank hold MTB as of Q1 2026.

  • Ray Dalio held 41,196 shares of M&T Bank worth $8.52M as of Q1 2026.
  • Ray Dalio sold 113,650 M&T Bank shares in Q1 2026, an estimated $24.5M.
  • M&T Bank made up 0.04% of Ray Dalio's portfolio in Q1 2026, its #296 holding.
  • Ray Dalio first reported a position in M&T Bank in Q4 2016 and has held it in 22 quarters since.
  • Ray Dalio's M&T Bank position peaked at $31.8M in Q3 2025.
  • 1,108 funds tracked by Wall St. Rank held M&T Bank as of Q1 2026.

Based on Bridgewater Associates's 13F filing for Q1 2026, filed 15 May 2026.