Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in MTB held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | FMR LLC | 13.2M | $2.72B | -1.2% | 8.413% | 0.15% |
| 2 | BlackRock, Inc. | 13.0M | $2.69B | +0.8% | 8.305% | 0.05% |
| 3 | WELLINGTON MANAGEMENT GROUP LLP | 10.0M | $2.06B | -2.1% | 6.357% | 0.38% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 9.8M | $2.02B | β | 6.246% | 0.05% |
| 5 | VANGUARD PORTFOLIO MANAGEMENT LLC | 7.5M | $1.55B | β | 4.783% | 0.08% |
| 6 | STATE STREET CORP | 7.2M | $1.48B | -2.1% | 4.568% | 0.05% |
| 7 | MORGAN STANLEY | 4.5M | $920.3M | +11.4% | 2.844% | 0.06% |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 4.4M | $909.7M | +3.3% | 2.821% | 0.06% |
| 9 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 4.1M | $852.2M | 0.0% | 2.633% | 0.67% |
| 10 | Invesco Ltd. | 4.0M | $827.3M | -2.2% | 2.556% | 0.13% |
| 11 | BANK OF AMERICA CORP /DE/ | 1.6M | $332.5M | +13.0% | 1.027% | 0.02% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 1.6M | $325.8M | +1.6% | 1.007% | 0.07% |
| 13 | NORTHERN TRUST CORP | 1.5M | $314.3M | -1.1% | 0.971% | 0.04% |
| 14 | Nuveen, LLC | 1.4M | $287.6M | -0.7% | 0.889% | 0.08% |
| 15 | Bank of New York Mellon Corp | 1.4M | $287.2M | -1.9% | 0.887% | 0.05% |
| 16 | MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | 1.2M | $244.1M | -3.2% | 0.753% | 0.08% |
| 17 | GOLDMAN SACHS GROUP INC | 1.2M | $239.7M | +2.1% | 0.741% | 0.03% |
| 18 | Legal & General Group Plc | 1.1M | $220.2M | -0.7% | 0.680% | 0.05% |
| 19 | UBS ASSET MANAGEMENT AMERICAS INC | 1.0M | $213.8M | -5.4% | 0.660% | 0.04% |
| 20 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 1.0M | $210.2M | +2.2% | 0.649% | 0.03% |
| 21 | JENNISON ASSOCIATES LLC | 975K | $201.6M | +17.5% | 0.623% | 0.14% |
| 22 | MENORA MIVTACHIM HOLDINGS LTD. | 963K | $199.0M | +24.5% | 0.615% | 0.94% |
| 23 | UBS Group AG | 921K | $190.4M | -14.0% | 0.588% | 0.03% |
| 24 | LONDON CO OF VIRGINIA | 883K | $182.5M | -9.5% | 0.564% | 1.12% |
| 25 | VANGUARD FIDUCIARY TRUST CO | 852K | $176.1M | β | 0.544% | 0.04% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in MTB β a direct measure of their conviction.
Filings activity in MTB during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new MTB position in Q1 2026
Institutions that fully closed their MTB position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 1,076 | +0.7% | 71.31% | 2.05 pp | $25.89B | 2.8% |
| Q4 2025 | 1,068 | +4.9% | 73.36% | +1.20 pp | $26.63B | +1.7% |
| Q3 2025 | 1,018 | +2.4% | 72.16% | +0.69 pp | $26.20B | +1.0% |
| Q2 2025 | 994 | 0.6% | 71.47% | +5.04 pp | $25.94B | +7.6% |
| Q1 2025 | 1,000 | +0.7% | 66.43% | 6.63 pp | $24.12B | 9.1% |
| Q4 2024 | 993 | +10% | 73.06% | +3.47 pp | $26.52B | +5.0% |
| Q3 2024 | 899 | +1.8% | 69.59% | +8.78 pp | $25.26B | +14% |
| Q2 2024 | 883 | β | 60.81% | β | $22.08B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying MTB stock.
Based on Q1 2026 13F filings, institutional ownership of M&T Bank Corporation stands at 71.3%, held across 1,076 reporting institutions.
FMR LLC is the largest reported institutional holder of MTB, with approximately 13,171,336 shares worth $2.72B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of MTB.
Our composite Smart Money Score for MTB is 28 out of 100 (Bearish). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
118 institutions opened new positions in MTB during Q1 2026, while 110 fully exited. 696 added to existing positions and 256 trimmed.
MTB institutional ownership fell by 2.05 percentage points quarter-over-quarter, with a net change of +8 holders.
The top 10 institutions account for 61.9% of all reported 13F value in MTB, and the top 25 account for 75.9%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
M&T Bank Corporation (MTB) Institutional Ownership