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Portfolio (Quarterly) Guide ↗

M&T Bank Corp

· CIK 0000036270
13F Portfolio $29.2B AUM 11,679 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 103 New 442 Added 976 Reduced 97 Exited
Page 22 of 23  ·  442 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
421 BDN BRANDYWINE RLTY TR Real Estate 24,451.0 $66K +5K +24.4% $2.71 +14.0%
422 VZ CALL VERIZON COMMUNICATIONS INC Communication Services 557.0 $51K +239.0 +75.2% $91.00 -50.1%
423 INDI INDIE SEMICONDUCTOR INC Technology 12,502.0 $40K +243.0 +2.0% $3.22 +32.0%
424 BBAI BIGBEAR AI HLDGS INC Technology 10,856.0 $38K +640.0 +6.3% $3.52 +11.4%
425 CAT CALL CATERPILLAR INC Industrials 60.0 $29K +32.0 +114.3% $480.23 +105.3%
426 NEE CALL NEXTERA ENERGY INC Utilities 132.0 $25K +11.0 +9.1% $191.00 -54.6%
427 CNDT CONDUENT INC Technology 17,529.0 $22K +332.0 +1.9% $1.28 +9.4%
428 SVC SERVICE PPTYS TR Real Estate 15,994.0 $22K +4K +28.4% $1.36 +24.7%
429 MDT CALL MEDTRONIC PLC Healthcare 142.0 $18K +14.0 +10.9% $130.00 -39.0%
430 TXN CALL TEXAS INSTRS INC Technology 61.0 $17K +14.0 +29.8% $275.00 +17.4%
431 PM CALL PHILIP MORRIS INTL INC Consumer Defensive 88.0 $16K +1.0 +1.1% $180.00 -0.9%
432 JCI CALL JOHNSON CONTROLS INTERNATION Industrials 170.0 $14K +10.0 +6.2% $80.00 +81.0%
433 CME CALL CME GROUP INC Financial Services 36.0 $10K +5.0 +16.1% $275.00 -10.4%
434 PCAR CALL PACCAR INC Industrials 88.0 $7K +6.0 +7.3% $75.00 +58.6%
435 PFE CALL PFIZER INC Healthcare 698.0 $5K +251.0 +56.1% $7.00 +260.1%
436 PEP CALL PEPSICO INC Consumer Defensive 58.0 $2K +6.0 +11.5% $28.00 +407.2%
437 ABBV CALL ABBVIE INC Healthcare 80.0 $2K +2.0 +2.6% $20.00 +982.5%
438 MET CALL METLIFE INC Financial Services 196.0 $980.0 +17.0 +9.5% $5.00 +1611.6%
439 UNH CALL UNITEDHEALTH GROUP INC Healthcare 22.0 $770.0 +7.0 +46.7% $35.00 +1045.6%
440 PG CALL PROCTER & GAMBLE CO Consumer Defensive 72.0 $360.0 +9.0 +14.3% $5.00 +2907.6%
Page 22 of 23  ·  442 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 27.5%
Financial Services 15.6%
Healthcare 10.9%
Industrials 9.9%
Communication Services 8.2%
Consumer Cyclical 7.7%
Energy 6.3%
Consumer Defensive 6.1%
Basic Materials 3.4%
Utilities 2.5%