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M&T Bank

825 hedge funds and large institutions have $16.6B invested in M&T Bank in 2023 Q1 according to their latest regulatory filings, with 80 funds opening new positions, 277 increasing their positions, 333 reducing their positions, and 131 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.27% more ownership

Funds ownership: 81.62%82.89% (+1.3%)

8% less funds holding

Funds holding: 896825 (-71)

17% less repeat investments, than reductions

Existing positions increased: 277 | Existing positions reduced: 333

18% less capital invested

Capital invested by funds: $20.2B → $16.6B (-$3.63B)

24% less call options, than puts

Call options by funds: $133M | Put options by funds: $175M

38% less funds holding in top 10

Funds holding in top 10: 85 (-3)

39% less first-time investments, than exits

New positions opened: 80 | Existing positions closed: 131

Holders
825
Holders Change
-71
Holders Change %
-7.92%
% of All Funds
13.15%
Holding in Top 10
5
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-37.5%
% of All Funds
0.08%
New
80
Increased
277
Reduced
333
Closed
131
Calls
$133M
Puts
$175M
Net Calls
-$42.1M
Net Calls Change
-$106M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.4B -$40.4M -278,213 -1%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$1.81B +$573M +3,945,773 +35%
BlackRock
3
BlackRock
New York
$1.57B +$15.7M +108,068 +0.8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$956M +$12.7M +87,768 +1%
State Street
5
State Street
Massachusetts
$955M +$8.07M +55,623 +0.7%
JP Morgan Chase
6
JP Morgan Chase
New York
$729M +$83M +571,869 +10%
State Farm Mutual Automobile Insurance
7
State Farm Mutual Automobile Insurance
Illinois
$506M
Invesco
8
Invesco
Georgia
$460M -$1.15M -7,937 -0.2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$439M +$26.7M +183,690 +5%
Charles Schwab
10
Charles Schwab
California
$413M -$37.4M -257,669 -7%
Morgan Stanley
11
Morgan Stanley
New York
$366M +$11.1M +76,426 +3%
Barrow, Hanley, Mewhinney & Strauss
12
Barrow, Hanley, Mewhinney & Strauss
Texas
$348M +$61.9M +426,111 +17%
M&T Bank
13
M&T Bank
New York
$213M +$112M +773,810 +77%
Northern Trust
14
Northern Trust
Illinois
$210M -$2.25M -15,470 -0.9%
Norges Bank
15
Norges Bank
Norway
$184M -$8.34M -57,423 -4%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$170M -$3.9M -26,855 -2%
Dimensional Fund Advisors
17
Dimensional Fund Advisors
Texas
$166M +$15.5M +106,518 +8%
Massachusetts Financial Services
18
Massachusetts Financial Services
Massachusetts
$161M +$34.5M +237,456 +21%
Goldman Sachs
19
Goldman Sachs
New York
$150M +$24M +165,320 +15%
Bank of America
20
Bank of America
North Carolina
$132M -$28.7M -197,495 -15%
Legal & General Group
21
Legal & General Group
United Kingdom
$131M +$1.06M +7,310 +0.7%
N
22
Nuveen
North Carolina
$116M -$43.4M -298,957 -24%
LCOV
23
London Company of Virginia
Virginia
$116M -$1.24M -8,543 -0.9%
Marshall Wace
24
Marshall Wace
United Kingdom
$102M +$73M +502,902 +143%
Wells Fargo
25
Wells Fargo
California
$98.3M -$313M -2,153,874 -72%

MTB Hedge Fund Activity: Q1 2023 in Review

825 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in M&T Bank (MTB) for Q1 2023, worth a combined $16.6B — down 18% from $20.2B a quarter earlier.

Sellers outnumbered buyers: 131 funds closed out of MTB and 80 opened new positions — a net loss of 51 holders — while 333 trimmed existing stakes and 277 added.

The largest buyer was Wellington Management Group, adding an estimated $573M. The largest seller was Wells Fargo, cutting an estimated $313M.

  • 825 institutional investors held M&T Bank (MTB) as of Q1 2023, down from 896 in Q4 2022.
  • Funds reported $16.6B of M&T Bank stock for Q1 2023, down 18% quarter-over-quarter.
  • 80 funds opened new M&T Bank positions in Q1 2023 and 131 closed out, a net change of -51 holders.
  • The largest M&T Bank buyer in Q1 2023 was Wellington Management Group, an estimated $573M added.
  • The largest M&T Bank seller in Q1 2023 was Wells Fargo, an estimated $313M sold.

Based on aggregated 13F filings for Q1 2023.