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M&T Bank

887 hedge funds and large institutions have $19.8B invested in M&T Bank in 2023 Q4 according to their latest regulatory filings, with 156 funds opening new positions, 270 increasing their positions, 328 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more first-time investments, than exits

New positions opened: 156 | Existing positions closed: 63

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

12% more capital invested

Capital invested by funds: $17.6B → $19.8B (+$2.18B)

10% more funds holding

Funds holding: 804887 (+83)

3.04% more ownership

Funds ownership: 84.04%87.08% (+3%)

18% less repeat investments, than reductions

Existing positions increased: 270 | Existing positions reduced: 328

24% less call options, than puts

Call options by funds: $122M | Put options by funds: $161M

Holders
887
Holders Change
+83
Holders Change %
+10.32%
% of All Funds
12.93%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
156
Increased
270
Reduced
328
Closed
63
Calls
$122M
Puts
$161M
Net Calls
-$39.2M
Net Calls Change
+$421M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$2.66B -$7.69M -61,219 -0.3%
Wellington Management Group
2
Wellington Management Group
Massachusetts
$1.83B -$109M -868,122 -6%
BlackRock
3
BlackRock
New York
$1.8B +$7.55M +60,087 +0.5%
State Street
4
State Street
Massachusetts
$1.25B +$97.1M +773,103 +9%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$1.02B -$109M -871,098 -11%
JP Morgan Chase
6
JP Morgan Chase
New York
$959M +$116M +925,211 +15%
Morgan Stanley
7
Morgan Stanley
New York
$896M +$423M +3,365,326 +106%
Invesco
8
Invesco
Georgia
$665M +$1.36M +10,850 +0.2%
State Farm Mutual Automobile Insurance
9
State Farm Mutual Automobile Insurance
Illinois
$565M -$13.3M -105,623 -2%
Geode Capital Management
10
Geode Capital Management
Massachusetts
$520M +$5.09M +40,479 +1%
Charles Schwab
11
Charles Schwab
California
$492M -$907K -7,218 -0.2%
Barrow, Hanley, Mewhinney & Strauss
12
Barrow, Hanley, Mewhinney & Strauss
Texas
$335M -$43M -341,905 -12%
Massachusetts Financial Services
13
Massachusetts Financial Services
Massachusetts
$237M +$555K +4,419 +0.3%
M&T Bank
14
M&T Bank
New York
$234M -$1.65M -13,101 -0.8%
Norges Bank
15
Norges Bank
Norway
$232M +$12.2M +97,160 +6%
Northern Trust
16
Northern Trust
Illinois
$223M -$5.66M -45,085 -3%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$206M -$14.1M -112,286 -7%
Dimensional Fund Advisors
18
Dimensional Fund Advisors
Texas
$199M +$12.6M +100,008 +7%
Goldman Sachs
19
Goldman Sachs
New York
$178M -$18.4M -146,185 -10%
LCOV
20
London Company of Virginia
Virginia
$156M +$2.6M +20,670 +2%
LSV Asset Management
21
LSV Asset Management
Illinois
$151M -$1.08M -8,570 -0.8%
Legal & General Group
22
Legal & General Group
United Kingdom
$137M -$3.82M -30,404 -3%
N
23
Nuveen
North Carolina
$131M -$389K -3,098 -0.3%
Bank of America
24
Bank of America
North Carolina
$119M -$9.42M -74,947 -8%
Ameriprise
25
Ameriprise
Minnesota
$109M -$2.41M -19,153 -2%

MTB Hedge Fund Activity: Q4 2023 in Review

887 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in M&T Bank (MTB) for Q4 2023, worth a combined $19.8B — up 12% from $17.6B a quarter earlier.

Buyers outnumbered sellers: 156 funds opened new MTB positions and 63 closed out — a net gain of 93 holders — while 270 added to existing stakes and 328 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $423M. The largest seller was Fidelity Investments, cutting an estimated $109M.

  • 887 institutional investors held M&T Bank (MTB) as of Q4 2023, up from 804 in Q3 2023.
  • Funds reported $19.8B of M&T Bank stock for Q4 2023, up 12% quarter-over-quarter.
  • 156 funds opened new M&T Bank positions in Q4 2023 and 63 closed out, a net change of +93 holders.
  • The largest M&T Bank buyer in Q4 2023 was Morgan Stanley, an estimated $423M added.
  • The largest M&T Bank seller in Q4 2023 was Fidelity Investments, an estimated $109M sold.

Based on aggregated 13F filings for Q4 2023.