M&T Bank
520 hedge funds and large institutions have $13.7B invested in M&T Bank in 2016 Q1 according to their latest regulatory filings, with 39 funds opening new positions, 185 increasing their positions, 200 reducing their positions, and 70 closing their positions.
7% more call options, than puts
Call options by funds: $24.4M | Put options by funds: $22.7M
8% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 200
2.86% less ownership
Funds ownership: 80.65% → 77.8% (-2.9%)
6% less funds holding
Funds holding: 554 → 520 (-34)
12% less capital invested
Capital invested by funds: $15.6B → $13.7B (-$1.88B)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
44% less first-time investments, than exits
New positions opened: 39 | Existing positions closed: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$160M |
| 2 |
AAM
Aberdeen Asset Management
Aberdeen,
United Kingdom
|
+$154M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$118M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$88.7M |
| 5 |
O
OppenheimerFunds
New York
|
+$61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$486M |
| 2 |
WP
Wedgewood Partners
St Louis,
Missouri
|
-$333M |
| 3 |
State Street
Boston,
Massachusetts
|
-$80.8M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$69M |
| 5 |
JP Morgan Chase
New York
|
-$35.1M |
MTB Hedge Fund Activity: Q1 2016 in Review
520 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in M&T Bank (MTB) for Q1 2016, worth a combined $13.7B — down 12% from $15.6B a quarter earlier.
Sellers outnumbered buyers: 70 funds closed out of MTB and 39 opened new positions — a net loss of 31 holders — while 200 trimmed existing stakes and 185 added.
The largest buyer was Goldman Sachs, adding an estimated $160M. The largest seller was Baillie Gifford & Co, cutting an estimated $486M.
- 520 institutional investors held M&T Bank (MTB) as of Q1 2016, down from 554 in Q4 2015.
- Funds reported $13.7B of M&T Bank stock for Q1 2016, down 12% quarter-over-quarter.
- 39 funds opened new M&T Bank positions in Q1 2016 and 70 closed out, a net change of -31 holders.
- The largest M&T Bank buyer in Q1 2016 was Goldman Sachs, an estimated $160M added.
- The largest M&T Bank seller in Q1 2016 was Baillie Gifford & Co, an estimated $486M sold.
Based on aggregated 13F filings for Q1 2016.