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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 3 of 86  ·  1,713 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 CTVA CORTEVA INC Basic Materials 1,825,753.0 $152.8M 0.52% -25K -1.3% $83.71 -6.2%
42 BLK BLACKROCK INC Financial Services 142,198.0 $136.8M 0.47% -7K -4.7% $961.71 +9.2%
43 VWO VANGUARD INTL EQUITY INDEX F 2,480,565.0 $134.1M 0.46% -24K -0.9% $54.05 +12.4%
44 BERKSHIRE HATHAWAY INC DEL 279,146.0 $133.8M 0.46% -3K -1.0% $479.20
45 CAT CATERPILLAR INC Industrials 187,795.0 $133.0M 0.46% -12K -5.9% $708.46 +39.1%
46 ADI ANALOG DEVICES INC Technology 412,354.0 $131.2M 0.45% -17K -3.9% $318.14 +36.6%
47 COP CONOCOPHILLIPS Energy 986,659.0 $130.2M 0.45% -23K -2.2% $132.00 -18.4%
48 VGSH VANGUARD SCOTTSDALE FDS 2,162,215.0 $126.6M 0.43% -1.2M -36.2% $58.54 -0.7%
49 MTB M & T BK CORP Financial Services 608,377.0 $125.8M 0.43% -882K -59.2% $206.72 +8.9%
50 ORCL ORACLE CORP Technology 848,632.0 $124.8M 0.43% -33K -3.7% $147.11 +25.3%
51 MS MORGAN STANLEY Financial Services 757,323.0 $124.6M 0.43% -41K -5.2% $164.57 +35.6%
52 TSLA TESLA INC Consumer Cyclical 329,863.0 $122.6M 0.42% -13K -3.7% $371.75 +7.7%
53 REET ISHARES TR 4,755,008.0 $119.6M 0.41% $25.15 +7.6%
54 UNP UNION PAC CORP Industrials 462,370.0 $112.2M 0.38% -13K -2.7% $242.62 +5.9%
55 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 328,640.0 $111.1M 0.38% -5K -1.6% $337.95 +36.7%
56 IJR ISHARES TR 886,442.0 $110.2M 0.38% -97K -9.9% $124.31 +15.2%
57 IWO ISHARES TR 348,576.0 $109.4M 0.37% -6K -1.6% $313.81 +24.0%
58 LMT LOCKHEED MARTIN CORP Industrials 177,910.0 $107.5M 0.37% -6K -3.3% $604.39 -15.5%
59 QCOM QUALCOMM INC Technology 779,545.0 $100.4M 0.34% -42K -5.2% $128.78 +75.6%
60 AMAT APPLIED MATLS INC Technology 293,241.0 $100.2M 0.34% -2K -0.8% $341.79 +80.6%
Page 3 of 86  ·  1,713 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%