M&T BANK CORP (MTB) — Institutional Holders, Q2 2026

1,169 institutional investment managers reported a MTB position on SEC Form 13F-HR for the quarter ended June 30, 2026, with a combined reported value of $31.3B. Every filer is listed below, ranked by position value, 100 per page; this page shows ranks 1 to 100. Put and call option positions are excluded, and a firm filing several lots or share classes is shown once with its total.

← MTB stock profile

MTB in Q2 2026: what funds did

Funds that filed a 13F for both Q1 2026 and Q2 2026, by what they did with the common stock. Share counts are adjusted for any split between the two quarters; dollar figures are the change in shares at this quarter’s price.

New positions

120

Added to

395

Trimmed

404

Sold out

Biggest buyers

M&T BANKAdded · +538,853 sh+$128.3M
ARROWSTREET CAPITAL, LIMITED PARTNERSHIPNew · +325,541 sh+$77.5M
GOLDMAN SACHS GROUPAdded · +207,514 sh+$49.4M
PFA Pension, ForsikringsaktieselskabAdded · +206,284 sh+$49.1M
Squarepoint OpsAdded · +199,082 sh+$47.4M

Biggest sellers

MORGAN STANLEYTrimmed · -861,950 sh-$205.2M
FMRTrimmed · -754,074 sh-$179.5M
VANGUARD PORTFOLIO MANAGEMENTTrimmed · -408,000 sh-$97.1M
BARCLAYS PLCTrimmed · -351,299 sh-$83.6M
MARSHALL WACE, LLPSold out · -301,645 sh-$71.8M

MTB 13F holders ranked 1–100 of 1,169

Institutional investors reporting a position in M&T BANK CORP on SEC Form 13F-HR for Q2 2026, ranked by reported value.
#	Institution	Shares	Value	% of portfolio	QoQShares vs Q1 2026
1	BlackRock#1 · 12,846,003 sh	12,846,003	$3.1B	0.05%	-1.2%
2	FMR#2 · 12,417,262 sh	12,417,262	$3.0B	0.13%	-5.7%
3	WELLINGTON MANAGEMENT GROUP LLP#3 · 9,801,881 sh	9,801,881	$2.3B	0.40%	-1.5%
4	VANGUARD CAPITAL MANAGEMENT#4 · 9,566,754 sh	9,566,754	$2.3B	0.05%	-2.2%
5	STATE STREET#5 · 7,112,644 sh	7,112,644	$1.7B	0.05%	-0.5%
6	VANGUARD PORTFOLIO MANAGEMENT#6 · 7,080,537 sh	7,080,537	$1.7B	0.08%	-5.4%
7	GEODE CAPITAL MANAGEMENT#7 · 4,348,008 sh	4,348,008	$1.0B	0.06%	-1.5%
8	STATE FARM MUTUAL AUTOMOBILE INSURANCE#8 · 4,122,590 sh	4,122,590	$981.2M	0.67%	0.0%
9	JPMORGAN CHASE#9 · 4,045,990 sh	4,045,990	$967.8M	0.05%	+1.0%
10	Invesco Ltd.#10 · 4,025,037 sh	4,025,037	$958.0M	0.08%	+0.6%
11	MORGAN STANLEY#11 · 3,590,085 sh	3,590,085	$854.5M	0.05%	-19.4%
12	NORGES BANK#12 · 1,985,145 sh	1,985,145	$472.5M	0.05%	—
13	DIMENSIONAL FUND ADVISORS#13 · 1,589,579 sh	1,589,579	$378.4M	0.07%	+0.9%
14	NORTHERN#14 · 1,491,910 sh	1,491,910	$355.1M	0.04%	-1.9%
15	Bank of New York Mellon#15 · 1,390,604 sh	1,390,604	$331.0M	0.05%	+0.1%
16	GOLDMAN SACHS GROUP#16 · 1,366,905 sh	1,366,905	$325.3M	0.03%	+17.9%
17	BANK OF AMERICA#17 · 1,324,600 sh	1,324,600	$315.3M	0.02%	-17.7%
18	MASSACHUSETTS FINANCIAL SERVICES#18 · 1,191,392 sh	1,191,392	$284.1M	0.09%	+1.1%
19	Nuveen#19 · 1,147,480 sh	1,147,480	$273.1M	0.07%	-17.5%
20	M&T BANK#20 · 1,147,230 sh	1,147,230	$273.1M	0.80%	+88.6%
21	Legal & General Group Plc#21 · 1,069,943 sh	1,069,943	$254.7M	0.05%	+0.5%
22	UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AME#22 · 1,060,517 sh	1,060,517	$252.4M	0.05%	+2.6%
23	CHARLES SCHWAB INVESTMENT MANAGEMENT#23 · 1,001,352 sh	1,001,352	$238.3M	0.03%	-1.5%
24	JENNISON ASSOCIATES#24 · 974,692 sh	974,692	$232.0M	0.14%	-0.1%
25	MENORA MIVTACHIM LTD.#25 · 962,619 sh	962,619	$229.1M	0.89%	0.0%
26	UBS Group AG#26 · 868,700 sh	868,700	$206.8M	0.03%	-5.7%
27	LONDON OF VIRGINIA#27 · 845,405 sh	845,405	$201.2M	1.15%	-4.2%
28	VANGUARD FIDUCIARY#28 · 822,084 sh	822,084	$195.7M	0.04%	-3.5%
29	WELLS FARGO & COMPANY#29 · 698,300 sh	698,300	$166.2M	0.03%	+29.9%
30	Neuberger Berman Group#30 · 656,084 sh	656,084	$156.2M	0.10%	+27.3%
31	FRANKLIN RESOURCES#31 · 571,032 sh	571,032	$135.9M	0.03%	-5.0%
32	THRIVENT FINANCIAL FOR LUTHERANS#32 · 565,114 sh	565,114	$134.5M	0.23%	-1.7%
33	PANAGORA ASSET MANAGEMENT#33 · 558,079 sh	558,079	$132.8M	0.41%	+13.4%
34	FIRST ADVISORS#34 · 556,027 sh	556,027	$132.3M	0.08%	+22.9%
35	DEUTSCHE BANK AG\#35 · 519,547 sh	519,547	$123.7M	0.04%	-2.3%
36	Canoe Financial#36 · 500,469 sh	500,469	$119.1M	—	+1.5%
37	Boston Partners#37 · 474,401 sh	474,401	$112.9M	0.10%	+1.3%
38	Korea Investment#38 · 452,488 sh	452,488	$107.7M	0.20%	+17.4%
39	LSV ASSET MANAGEMENT#39 · 427,627 sh	427,627	$101.8M	0.18%	+4.0%
40	ALLIANCEBERNSTEIN L.P.#40 · 474,047 sh	474,047	$98.0M	0.03%	-1.6%
41	Davis Asset Management, L.P.#41 · 410,000 sh	410,000	$97.6M	2.47%	0.0%
42	HSBC PLC#42 · 396,157 sh	396,157	$94.4M	0.04%	+18.9%
43	Sumitomo Mitsui#43 · 393,349 sh	393,349	$93.6M	0.05%	-6.6%
44	Russell Investments Group, Ltd.#44 · 388,827 sh	388,827	$92.6M	0.08%	+6.6%
45	Amundi#45 · 388,916 sh	388,916	$92.6M	0.02%	+7.7%
46	STIFEL FINANCIAL#46 · 363,534 sh	363,534	$86.5M	0.07%	-1.3%
47	Mitsubishi UFJ Asset Management , Ltd.#47 · 359,037 sh	359,037	$85.5M	0.05%	+4.5%
48	CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM#48 · 358,485 sh	358,485	$85.3M	0.05%	+2.6%
49	HUNTINGTON NATIONAL BANK#49 · 358,437 sh	358,437	$85.3M	0.41%	+0.1%
50	BNP PARIBAS FINANCIAL MARKETS#50 · 346,679 sh	346,679	$82.5M	0.03%	+14.6%
51	Quantinno Capital Management#51 · 346,609 sh	346,609	$82.5M	0.10%	+61.4%
52	RNC CAPITAL MANAGEMENT#52 · 346,081 sh	346,081	$82.4M	3.40%	-0.3%
53	VANGUARD ASSET MANAGEMENT, Ltd#53 · 337,388 sh	337,388	$80.3M	0.05%	+8.3%
54	ANCHOR CAPITAL ADVISORS#54 · 335,731 sh	335,731	$79.9M	2.25%	-3.5%
55	NATIXIS ADVISORS#55 · 325,598 sh	325,598	$77.5M	0.09%	+12.4%
56	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP#56 · 325,541 sh	325,541	$77.5M	0.03%	New
57	O'SHAUGHNESSY ASSET MANAGEMENT#57 · 323,058 sh	323,058	$76.9M	0.35%	+32.1%
58	Vanguard Global Advisers#58 · 321,518 sh	321,518	$76.5M	0.04%	-4.8%
59	ENVESTNET ASSET MANAGEMENT#59 · 318,844 sh	318,844	$75.9M	0.02%	+3.6%
60	ROYAL BANK OF CANADA#60 · 304,175 sh	304,175	$72.4M	0.01%	-8.4%
61	COOKE & BIELER#61 · 299,450 sh	299,450	$71.3M	—	0.0%
62	BANK OF MONTREAL#62 · 299,160 sh	299,160	$71.2M	0.02%	+6.0%
63	BARCLAYS PLC#63 · 298,800 sh	298,800	$71.1M	0.01%	-54.0%
64	Munich Reinsurance Stock in Munich#64 · 296,290 sh	296,290	$70.5M	1.54%	0.0%
65	CAISSE DE DEPOT ET PLACEMENT DU QUEBEC#65 · 294,938 sh	294,938	$70.2M	0.10%	+48.3%
66	PFA Pension, Forsikringsaktieselskab#66 · 293,096 sh	293,096	$69.8M	0.18%	+237.6%
67	Smead Capital Management#67 · 277,594 sh	277,594	$66.1M	—	-5.5%
68	RHUMBLINE ADVISERS#68 · 274,181 sh	274,181	$65.3M	0.05%	-4.7%
69	National Pension Service#69 · 272,367 sh	272,367	$64.8M	0.04%	-1.0%
70	MILLER HOWARD INVESTMENTS#70 · 265,769 sh	265,769	$63.3M	—	+24.8%
71	MANUFACTURERS LIFE INSURANCE COMPANY, THE#71 · 261,834 sh	261,834	$62.3M	0.05%	-4.0%
72	VICTORY CAPITAL MANAGEMENT#72 · 258,641 sh	258,641	$61.6M	0.03%	-1.0%
73	JONES FINANCIAL COMPANIES LLLP#73 · 252,660 sh	252,660	$59.9M	0.02%	+11.9%
74	BERKSHIRE ASSET MANAGEMENT#74 · 244,663 sh	244,663	$58.2M	2.29%	+0.2%
75	CANADA PENSION PLAN INVESTMENT BOARD#75 · 230,205 sh	230,205	$54.8M	0.03%	+147.8%
76	Squarepoint Ops#76 · 224,397 sh	224,397	$53.4M	0.06%	+786.4%
77	AQR CAPITAL MANAGEMENT#77 · 208,447 sh	208,447	$49.6M	0.02%	-1.4%
78	PRICE T ROWE ASSOCIATES#78 · 204,179 sh	204,179	$48.6M	<0.01%	-5.3%
79	CITIGROUP#79 · 201,842 sh	201,842	$48.0M	0.02%	+10.6%
80	ABSHER WEALTH MANAGEMENT#80 · 187,183 sh	187,183	$44.6M	5.07%	-14.9%
81	HEALTHCARE OF ONTARIO PENSION PLAN FUND#81 · 179,156 sh	179,156	$42.6M	0.06%	+1778.1%
82	ARIEL INVESTMENTS#82 · 174,574 sh	174,574	$41.6M	0.41%	-1.7%
83	AMERIPRISE FINANCIAL#83 · 168,765 sh	168,765	$40.2M	<0.01%	-59.0%
84	SCHRODER INVESTMENT MANAGEMENT GROUP#84 · 165,967 sh	165,967	$39.7M	0.03%	+7.3%
85	PRINCIPAL FINANCIAL GROUP#85 · 166,319 sh	166,319	$39.6M	0.02%	-5.3%
86	Tredje AP-fonden#86 · 148,800 sh	148,800	$35.4M	0.16%	+137.5%
87	BNP Paribas Asset Management Holding S.A.#87 · 145,949 sh	145,949	$34.8M	0.03%	+37.1%
88	DANSKE BANK A/S#88 · 145,720 sh	145,720	$34.7M	0.07%	+0.8%
89	Aware Super Pty Ltd as trustee of Aware Super#89 · 144,434 sh	144,434	$34.4M	0.49%	0.0%
90	TOCQUEVILLE ASSET MANAGEMENT L.P.#90 · 134,723 sh	134,723	$32.1M	0.42%	-6.7%
91	LPL Financial#91 · 134,231 sh	134,231	$31.9M	<0.01%	0.0%
92	NEW YORK STATE TEACHERS RETIREMENT SYSTEM#92 · 133,372 sh	133,372	$31.7M	—	-7.0%
93	CITADEL ADVISORS#93 · 129,162 sh	129,162	$30.7M	<0.01%	+38.8%
94	Arbejdsmarkedets Tillaegspension#94 · 126,700 sh	126,700	$30.2M	0.66%	New
95	STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM#95 · 125,865 sh	125,865	$30.0M	0.05%	+8.6%
96	abrdn plc#96 · 121,094 sh	121,094	$28.8M	0.04%	+1.4%
97	TUDOR INVESTMENT ET AL#97 · 121,043 sh	121,043	$28.8M	0.04%	New
98	RAYMOND JAMES FINANCIAL#98 · 120,348 sh	120,348	$28.6M	<0.01%	-7.3%
99	ADAMS DIVERSIFIED EQUITY FUND#99 · 119,900 sh	119,900	$28.5M	—	0.0%
100	Mariner#100 · 114,447 sh	114,447	$27.2M	0.03%	-7.3%

Funds that sold out of MTB in Q2 2026 (73)

Held MTB at the end of Q1 2026 and filed a Q2 2026 13F without it. Not in the list above, because they no longer hold it. Largest prior position first.

Institutions that held MTB in Q1 2026 and reported no position in Q2 2026.
Institution	Shares sold	Value in Q1 2026
MARSHALL WACE, LLP301,645 sh	301,645	$62.4M
Azora Capital74,276 sh	74,276	$14.9M
Sienna Gestion39,040 sh	39,040	$7.9M
Y-Intercept (Hong Kong) Ltd35,147 sh	35,147	$7.3M
WESTFIELD CAPITAL MANAGEMENT29,839 sh	29,839	$6.2M
PEAK620,400 sh	20,400	$4.2M
ACADIAN ASSET MANAGEMENT20,276 sh	20,276	$4.2M
Teewinot Capital Advisers, L.L.C.18,782 sh	18,782	$3.9M
TWO SIGMA SECURITIES8,246 sh	8,246	$1.7M
Giverny Capital7,535 sh	7,535	$1.6M
SummitTX Capital, L.P.7,270 sh	7,270	$1.5M
ING GROEP NV6,896 sh	6,896	$1.4M
Raiffeisen Bank International AG5,751 sh	5,751	$1.2M
Brevan Howard Capital Management5,488 sh	5,488	$1.1M
Convergence Investment Partners5,331 sh	5,331	$1.1M
Longaeva Partners L.P.5,261 sh	5,261	$1.1M
Farringdon Capital, Ltd.5,025 sh	5,025	$1.0M
DIVERSIFY WEALTH MANAGEMENT4,699 sh	4,699	$1.0M
Campbell & Investment Adviser4,879 sh	4,879	$1.0M
Myriad Asset Management Advisors4,120 sh	4,120	$852.0K
SeaCrest Wealth Management3,600 sh	3,600	$744.2K
iSAM Funds (UK) Ltd3,581 sh	3,581	$740.3K
Hamilton Capital Partners3,424 sh	3,424	$707.8K
GTS SECURITIES3,177 sh	3,177	$656.7K
TOBAM2,814 sh	2,814	$582.0K
LEE JOHNSON CAPITAL MANAGEMENT2,789 sh	2,789	$576.5K
MANGROVE PARTNERS IM2,299 sh	2,299	$475.2K
Diversify Advisory Services1,814 sh	1,814	$390.9K
1832 Asset Management L.P.1,865 sh	1,865	$385.5K
Financiere des Professionnels - Fonds d,investissement1,793 sh	1,793	$370.6K
ASAHI LIFE ASSET MANAGEMENT , LTD.1,700 sh	1,700	$351.4K
EVOLVE PRIVATE WEALTH1,675 sh	1,675	$346.3K
STEVENS CAPITAL MANAGEMENT1,673 sh	1,673	$346.0K
CAPSTONE INVESTMENT ADVISORS1,626 sh	1,626	$336.1K
Old North State1,418 sh	1,418	$293.0K
Numerai GP1,348 sh	1,348	$278.7K
BTG Pactual Asset Management US1,268 sh	1,268	$262.1K
PATTON FUND MANAGEMENT1,188 sh	1,188	$245.6K
NewEdge Wealth1,178 sh	1,178	$243.6K
MOODY ALDRICH PARTNERS1,118 sh	1,118	$231.1K
NOVEM GROUP1,048 sh	1,048	$216.7K
RESOURCES MANAGEMENT /CT837 sh	837	$173.0K
Optiver Holding B.V.730 sh	730	$150.9K
Root Financial Partners372 sh	372	$76.8K
Innovative Asset Advisors Group278 sh	278	$57.5K
Hoese & LLP250 sh	250	$51.7K
Wall Street Financial Group225 sh	225	$46.5K
TWIN PEAKS WEALTH ADVISORS205 sh	205	$42.4K
True Link Financial Advisors130 sh	130	$26.9K
Kohmann Bosshard Financial Services110 sh	110	$22.7K
Board of the Pension Protection Fund100 sh	100	$20.7K
Capula Management Ltd95 sh	95	$19.6K
Annis Gardner Whiting Capital Advisors89 sh	89	$18.4K
BOKF, NA78 sh	78	$16.1K
Timothy G. Youngquist 2020 Irrevocable54 sh	54	$11.2K
Truvestments Capital49 sh	49	$10.1K
Golden State Equity Partners46 sh	46	$9.5K
CURIO WEALTH43 sh	43	$8.9K
CHILTON CAPITAL MANAGEMENT30 sh	30	$6.2K
Clayton Financial Group28 sh	28	$5.8K
Johnson Financial Group18 sh	18	$3.7K
BALLAST ADVISORS18 sh	18	$3.7K
Vermillion Wealth Management12 sh	12	$2.5K
Global Asset Management11 sh	11	$2.3K
Intentional Wealth Strategies7 sh	7	$1.4K
Strategic Wealth Partners, Ltd.4 sh	4	$921.00
TOTH FINANCIAL ADVISORY4 sh	4	$827.00
CREATIVE FINANCIAL DESIGNS3 sh	3	$659.00
ATWOOD & PALMER3 sh	3	$621.00
Portus Wealth Advisors3 sh	3	$620.00
PMV Capital Advisers2 sh	2	$413.00
TopTier Wealth Management2 sh	2	$413.00
Rakuten Securities1 sh	1	$207.00

Source: Form 13F-HR filings on SEC EDGAR, Q2 2026. Values are as reported by each manager at quarter end. “% of portfolio” is the position’s share of the manager’s total reported 13F value for the same quarter. “New” means the manager filed a 13F for Q1 2026 without this position; a dash means no comparison is available. Where a manager’s own filing is internally inconsistent its value is withheld and it is listed last. 13F data shows reported holdings, not recommendations.