# M&T Bank Corp

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 36270. Source: https://holderbook.com/funds/36270-m-t-bank-corp/

- Reported value: $34.1B
- Positions: 1,741
- Weight of the ten largest: 30.0%
- Filed: 2026-08-04

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $1.5B | 11,685,451 | 4.3% | 26 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $1.4B | 14,058,378 | 4.0% | 26 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $1.3B | 4,589,772 | 3.9% | 31 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $1.2B | 2,899,576 | 3.5% | 26 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.0B | 1,367,395 | 3.0% | 26 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $919.8M | 3,793,923 | 2.7% | 26 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $791.8M | 9,558,345 | 2.3% | 26 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $730.1M | 1,957,300 | 2.1% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $723.1M | 3,613,820 | 2.1% | 31 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $707.7M | 2,002,887 | 2.1% | 31 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $672.7M | 3,065,701 | 2.0% | 26 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $657.1M | 2,186,976 | 1.9% | 26 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $575.0M | 1,756,250 | 1.7% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $574.6M | 1,521,040 | 1.7% | 31 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $530.3M | 3,855,837 | 1.6% | 26 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $498.3M | 2,090,826 | 1.5% | 31 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $400.3M | 5,618,163 | 1.2% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $392.5M | 1,544,780 | 1.2% | 31 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $366.4M | 533,520 | 1.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $358.6M | 1,003,455 | 1.1% | 26 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $339.9M | 455,201 | 1.0% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $314.1M | 261,864 | 0.9% | 31 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $310.9M | 4,234,558 | 0.9% | 26 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $297.0M | 2,528,142 | 0.9% | 31 |
| T ROWE PRICE EXCHANGE-TRADED | [TSPA](https://holderbook.com/stocks/TSPA/) | $281.9M | 5,930,767 | 0.8% | 7 |
| M & T BK CORP | [MTB](https://holderbook.com/stocks/MTB/) | $273.1M | 1,147,230 | 0.8% | 31 |
| ISHARES TR | [IWN](https://holderbook.com/stocks/IWN/) | $265.0M | 1,198,061 | 0.8% | 26 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $238.6M | 947,647 | 0.7% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $234.3M | 1,713,576 | 0.7% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $229.4M | 407,198 | 0.7% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JMTG](https://holderbook.com/stocks/JMTG/) | $229.1M | 4,519,915 | 0.7% | 4 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $213.8M | 294,579 | 0.6% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $210.1M | 196,206 | 0.6% | 31 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $199.8M | 3,432,890 | 0.6% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $199.6M | 388,621 | 0.6% | 31 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $196.6M | 557,554 | 0.6% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $188.2M | 3,299,488 | 0.6% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $184.6M | 197,308 | 0.5% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $184.3M | 1,434,057 | 0.5% | 31 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $178.8M | 1,219,348 | 0.5% | 31 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $174.5M | 768,621 | 0.5% | 26 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $166.0M | 417,925 | 0.5% | 31 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $165.2M | 1,590,240 | 0.5% | 26 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $164.4M | 786,515 | 0.5% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $160.5M | 967,999 | 0.5% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $159.3M | 333,468 | 0.5% | 31 |
| CORTEVA INC | [CTVA](https://holderbook.com/stocks/CTVA/) | $152.6M | 1,802,377 | 0.4% | 29 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $145.8M | 2,442,871 | 0.4% | 26 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $145.2M | 785,446 | 0.4% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $143.1M | 340,345 | 0.4% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $139.2M | 144,738 | 0.4% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $138.3M | 276,438 | 0.4% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $138.0M | 1,019,440 | 0.4% | 31 |
| ISHARES TR | [IWO](https://holderbook.com/stocks/IWO/) | $135.8M | 344,603 | 0.4% | 26 |
| ISHARES TR | [REET](https://holderbook.com/stocks/REET/) | $135.7M | 4,914,523 | 0.4% | 26 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $129.0M | 870,029 | 0.4% | 26 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $128.8M | 879,151 | 0.4% | 31 |
| QNITY ELECTRONICS INC | [Q](https://holderbook.com/stocks/Q/) | $128.6M | 787,221 | 0.4% | 3 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $128.1M | 470,908 | 0.4% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $123.6M | 1,034,424 | 0.4% | 26 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $116.0M | 279,089 | 0.3% | 31 |
| JOHNSON CONTROLS INTERNATION | [JCI](https://holderbook.com/stocks/JCI/) | $111.0M | 759,475 | 0.3% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $110.7M | 150,281 | 0.3% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $109.0M | 387,339 | 0.3% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $107.7M | 567,811 | 0.3% | 25 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $107.4M | 593,479 | 0.3% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $105.6M | 756,383 | 0.3% | 31 |
| CONOCOPHILLIPS | [COP](https://holderbook.com/stocks/COP/) | $101.2M | 973,514 | 0.3% | 31 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $95.2M | 1,171,260 | 0.3% | 31 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $94.7M | 1,236,800 | 0.3% | 26 |
| AIR PRODUCTS AND CHEMICALS I | [APD](https://holderbook.com/stocks/APD/) | $94.6M | 322,545 | 0.3% | 31 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $94.4M | 1,224,173 | 0.3% | 26 |
| DEERE & CO | [DE](https://holderbook.com/stocks/DE/) | $93.6M | 147,542 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VB](https://holderbook.com/stocks/VB/) | $92.8M | 306,174 | 0.3% | 26 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $92.1M | 268,488 | 0.3% | 31 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $92.1M | 672,853 | 0.3% | 31 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $91.9M | 180,309 | 0.3% | 31 |
| ISHARES TR | [HDV](https://holderbook.com/stocks/HDV/) | $91.6M | 3,340,337 | 0.3% | 26 |
| ISHARES TR | [IJT](https://holderbook.com/stocks/IJT/) | $89.9M | 503,632 | 0.3% | 26 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $89.9M | 77,888 | 0.3% | 31 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $88.0M | 337,567 | 0.3% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $87.7M | 402,616 | 0.3% | 26 |
| ISHARES TR | [SUSA](https://holderbook.com/stocks/SUSA/) | $86.9M | 563,054 | 0.3% | 26 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $86.6M | 986,064 | 0.3% | 31 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $80.7M | 423,784 | 0.2% | 31 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $79.9M | 295,704 | 0.2% | 31 |
| PHILLIPS 66 | [PSX](https://holderbook.com/stocks/PSX/) | $79.6M | 470,824 | 0.2% | 31 |
| NVENT ELEC PLC | [NVT](https://holderbook.com/stocks/NVT/) | $78.7M | 464,012 | 0.2% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $77.3M | 258,982 | 0.2% | 31 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $75.8M | 202,884 | 0.2% | 20 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $74.8M | 777,314 | 0.2% | 31 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $74.6M | 821,897 | 0.2% | 31 |
| ISHARES TR | [IJS](https://holderbook.com/stocks/IJS/) | $74.4M | 544,152 | 0.2% | 26 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $72.7M | 125,128 | 0.2% | 31 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $72.2M | 838,589 | 0.2% | 26 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $70.3M | 620,349 | 0.2% | 31 |
| DUPONT DE NEMOURS INC | - | $70.1M | 516,594 | 0.2% | 1 |
| EOG RES INC | [EOG](https://holderbook.com/stocks/EOG/) | $68.9M | 531,165 | 0.2% | 31 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $68.8M | 526,574 | 0.2% | 31 |
| AUTOMATIC DATA PROCESSING IN | [ADP](https://holderbook.com/stocks/ADP/) | $66.0M | 294,726 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.5% | +14.8% | -2.3% | 100% |
| Q1 2026 | -1.9% | -4.6% | +2.8% | 100% |
| Q4 2025 | +1.9% | +2.4% | -0.5% | 100% |
| Q3 2025 | +7.3% | +7.8% | -0.6% | 100% |
| Q2 2025 | +8.1% | +10.5% | -2.3% | 100% |
| Q1 2025 | -3.1% | -4.6% | +1.4% | 100% |
| Q4 2024 | -0.5% | +2.1% | -2.7% | 100% |
| Q3 2024 | +6.3% | +5.4% | +0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $34.1B | 1,741 |
| Q1 2026 | $59.7B | 1,683 |
| Q4 2025 | $31.1B | 1,669 |
| Q3 2025 | $29.7B | 1,440 |
| Q2 2025 | $29.1B | 1,523 |
| Q1 2025 | $27.5B | 1,503 |
| Q4 2024 | $29.8B | 1,598 |
| Q3 2024 | $30.4B | 1,585 |
| Q2 2024 | $29.3B | 1,555 |
| Q1 2024 | $28.7B | 1,566 |
| Q4 2023 | $27.2B | 1,577 |
| Q3 2023 | $25.1B | 1,537 |