M&T Bank
600 hedge funds and large institutions have $19B invested in M&T Bank in 2017 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 204 increasing their positions, 209 reducing their positions, and 36 closing their positions.
61% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 36
3% more funds holding
Funds holding: 585 → 600 (+15)
0.26% less ownership
Funds ownership: 77.97% → 77.71% (-0.26%)
2% less capital invested
Capital invested by funds: $19.4B → $19B (-$424M)
2% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 209
21% less call options, than puts
Call options by funds: $34.5M | Put options by funds: $43.5M
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$63.6M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$63M |
| 3 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$35.8M |
| 4 |
Janus Henderson Group
London,
United Kingdom
|
+$35.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$273M |
| 2 |
Aristotle Capital Management
Los Angeles,
California
|
-$237M |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$51.9M |
| 4 |
Millennium Management
New York
|
-$47.2M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$46.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KTC
626
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$129K | -799 | Closed |
|
|
NA
627
NewEdge Advisors
New Orleans,
Louisiana
| – | -$104K | -634 | Closed |
|
|
AIM
628
Acrospire Investment Management
Chicago,
Illinois
| – | -$56K | -348 | Closed |
|
|
IR
629
Invictus RG
Hamilton,
Bermuda
| – | -$45K | -280 | Closed |
|
630
Simplex Trading
Chicago,
Illinois
| – | -$35.5K | -226 | Closed |
|
|
PFO
631
Pathstone Family Office
Englewood,
New Jersey
| – | -$21K | -128 | Closed |
|
|
DADC
632
D.A. Davidson & Co
Great Falls,
Montana
| – | -$8K | -55 | Closed |
|
|
GBT
633
Grove Bank & Trust
Miami,
Florida
| – | -$4K | -27 | Closed |
|
|
SIC
634
Salem Investment Counselors
Winston Salem,
North Carolina
| – | -$1K | -9 | Closed |
|
MTB Hedge Fund Activity: Q3 2017 in Review
600 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in M&T Bank (MTB) for Q3 2017, worth a combined $19B — down 2.2% from $19.4B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new MTB positions and 36 closed out — a net gain of 22 holders — while 204 added to existing stakes and 209 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $63.6M. The largest seller was Fidelity Investments, cutting an estimated $273M.
- 600 institutional investors held M&T Bank (MTB) as of Q3 2017, up from 585 in Q2 2017.
- Funds reported $19B of M&T Bank stock for Q3 2017, down 2.2% quarter-over-quarter.
- 58 funds opened new M&T Bank positions in Q3 2017 and 36 closed out, a net change of +22 holders.
- The largest M&T Bank buyer in Q3 2017 was JP Morgan Chase, an estimated $63.6M added.
- The largest M&T Bank seller in Q3 2017 was Fidelity Investments, an estimated $273M sold.
Based on aggregated 13F filings for Q3 2017.