M&T BANK CORPM&T BANK CORP

Institutional investor · Portfolio as of Q4 2025

SEC EDGAR SourceSEC Filings

Top Holdings1,722 positions

Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction

ARISTA NETWORKS INC

4M$1.1B3.5%$131.54+0.68%
27 qtrssince 2019-Q2
Increased
94
KRCKRC
REIT

KILROY REALTY CORP

2.8M$972M3.1%$37.66-0.02%
27 qtrssince 2019-Q2
Increased
94

KEYCORP

1.4M$639.2M2.1%$20.58+0.72%
27 qtrssince 2019-Q2
Increased
87

NUTANIX INC

1.3M$618.4M2.0%$51.87+0.17%
13 qtrssince 2022-Q4
Increased
80

MARZETTI COMPANY

6.8M$608.6M2.0%$164.040.00%
3 qtrssince 2025-Q2
Increased
80

JEFFERIES FINANCIAL GROUP IN

839,716$575.2M1.8%$61.02+2.03%
15 qtrssince 2022-Q2
Increased
80

LANDSTAR SYS INC

6.3M$527.8M1.7%$143.240.00%
27 qtrssince 2019-Q2
Increased
80

KENVUE INC

2.3M$491M1.6%$17.19-0.33%
10 qtrssince 2023-Q3
Increased
80

JONES LANG LASALLE INC

3.9M$476.2M1.5%$339.03+0.03%
27 qtrssince 2019-Q2
Increased
80

KEYSIGHT TECHNOLOGIES INC

1M$458.8M1.5%$205.43+0.28%
27 qtrssince 2019-Q2
Increased
79

PHILLIPS 66

2.7M$456.6M1.5%$119.71+8.23%
27 qtrssince 2019-Q2
Increased
79

KINDER MORGAN INC DEL

1.8M$440.9M1.4%$26.70+2.29%
27 qtrssince 2019-Q2
Increased
79

JOHNSON & JOHNSON

2.1M$420.2M1.3%$144.26+43.43%
27 qtrssince 2019-Q2
Increased
63

KEURIG DR PEPPER INC

1.4M$414.4M1.3%$27.99-0.26%
27 qtrssince 2019-Q2
Increased
79
AMHAMH
REIT

AMERICAN HOMES 4 RENT

1.8M$406.6M1.3%$32.21+0.06%
27 qtrssince 2019-Q2
Increased
79

LANTHEUS HLDGS INC

5.5M$370.9M1.2%$67.160.00%
1 qtr
New
71

LEMONADE INC

1.1M$344.5M1.1%$71.800.00%
1 qtr
New
71

LAM RESEARCH CORP

1.7M$341.1M1.1%$168.57+3.09%
27 qtrssince 2019-Q2
Increased
79
SUISUI
REIT

SUN CMNTYS INC

498,339$328.7M1.1%$124.47-0.03%
27 qtrssince 2019-Q2
Increased
79

CNO FINL GROUP INC

920,001$318.4M1.0%$42.79+21.43%
1 qtr
New
71
Showing 20 of 1,722 results.1,702 more with Pro.PROUpgrade to see all →
$31.1B
AUM
1,722
Positions
Q4 2025
Filing
Rating · 2.5
Quarterly Portfolio Change
+4%Q3'24$30.4B-2%Q4'24$29.8B-8%Q1'25$27.5B+6%Q2'25$29.1B+2%Q3'25$29.7B+5%Q4'25$31.1B
Activity profile
$ moved · Q4'25
New8%Increased44%Decreased48%Exited0%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 4.8 years
<1Q9%1-4Q4%1-2Y6%2Y+81%

M&T BANK CORP manages $31.1B across 1722 positions as of Q4 2025. Top holdings: ANET (3.5%), KRC (3.1%), KEY (2.1%). Fund DNA: Steady Compounder. HoldingsIntel Rating: 2.5/5.0.

Q4 2025 Summary

Active quarter - 269 new positions, 41 exits, 753 increased. Top move: ANET (INCREASED, conviction 94). Portfolio: $31.1B across 1722 positions.

Top holdings by portfolio weight

Total AUM$31B
ANET3.49%
KRC3.12%
KEY2.05%
NTNX1.99%
MZTI1.95%
JEF1.85%
LSTR1.69%
KVUE1.58%
JLL1.53%
KEYS1.47%
Other1.47%

Portfolio allocation by GICS sector

Sectors11
Technology17.57%
Real Estate14.00%
Financial Services12.43%
Industrials10.71%
Healthcare10.27%
Consumer Defensive9.78%
Unknown8.46%
Consumer Cyclical5.83%
Energy4.28%
Communication Services2.33%
Other4.34%

Behavioral investing profile

7-dimension quality assessment
Solid(2.5 / 5.0)
Track Record57
Conviction41
Concentration0
Upgrade to see all dimensions

Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

Similar Funds

Funds with similar investing DNA

Accumulation Streaks

Positions with 2+ consecutive quarters of increases - persistent directional conviction.

Security
7Q
VTVVANGUARD INDEX FDS
Q3 2024 Q1 2026+173,646 shares+$41.9M
4Q
BLDRBUILDERS FIRSTSOURCE INC
Q2 2025 Q1 2026+12,086 shares+$815,069
4Q
PTONPELOTON INTERACTIVE INC
Q2 2025 Q1 2026+51,761 shares+$172,521

Upgrade to Pro to see all accumulation streaks

Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

Analytics tracking helps us improve the product. Essential functions stay on either way. How analytics data is used