M&T Bank portfolio

What changed this quarter

1475 positions with a change (126 new, 558 added to, 727 trimmed, 64 sold); also, 2 entered through an IPO, 9 exited through an acquisition or merger, 2 entered through a spin-off.

No moves of 0.5 points of the portfolio or more.

The figure on the right: for positions added to or trimmed, the change in the number of shares (%); for new and sold ones, the points of the portfolio moved (pp). Below, the portfolio weight before → after. Traded weight?: what it bought or sold, excluding price effects.

Top holdings

• iShares Russell 1000 Growth ETFIWF4.3%
• iShares Core Msci Eafe ETFIEFA4.0%
• AppleAAPL3.9%
• iShares Russell 1000 ETFIWB3.5%
• AlphabetGOOG · GOOGL3.1%
• iShares Core S&P 500 ETFIVV3.0%
• iShares Russell 1000 Value E ETFIWD2.7%
• IsharesIEMG2.3%
• MicrosoftMSFT2.1%
• NVIDIANVDA2.1%
• iShares Msci USA Quality FAC ETFQUAL2.0%
• iShares Russell 2000 ETFIWM1.9%
• JPMorgan ChaseJPM1.7%
• BroadcomAVGO1.7%
• iShares S&P 500 Growth ETFIVW1.6%
• Amazon.comAMZN1.5%
• Vanguard Ftse Developed ETFVEA1.2%
• Johnson & JohnsonJNJ1.2%
• Vanguard S&P 500 ETFVOO1.1%
• State Str Spdr S&P 500 ETF TSPY1.0%
• Eli LillyLLY0.9%
• Vanguard Total Bond Market ETFBND0.9%
• Cisco SystemsCSCO0.9%
• T Rowe Price Exchange-tradedTSPA0.8%
• M&t BankMTB0.8%
• iShares Russell 2000 Value E ETFIWN0.8%
• AbbVieABBV0.7%
• Exxon MobilXOM0.7%
• Meta PlatformsMETA0.7%
• J P Morgan Exchange Traded FundJMTG0.7%
• Applied MaterialsAMAT0.6%
• CaterpillarCAT0.6%
• Vanguard Short-term Treasury ETFVGSH0.6%
• MastercardMA0.6%
• Home DepotHD0.6%
• Bank of AmericaBAC0.6%
• Costco WholesaleCOST0.5%
• MerckMRK0.5%
• Procter & GamblePG0.5%
• iShares S&P 500 Value ETFIVE0.5%
• Analog DevicesADI0.5%
• iShares Msci Eafe ETFEFA0.5%
• Morgan StanleyMS0.5%
• ChevronCVX0.5%
• Taiwan Semiconductor ManufacturingTSM0.5%
• CortevaCTVA0.4%
• Vanguard International Equity Index FVWO0.4%
• QualcommQCOM0.4%
• TeslaTSLA0.4%
• BlackRockBLK0.4%
• Berkshire HathawayBRK/B0.4%
• PepsicoPEP0.4%
• iShares Russell 2000 Growth ETFIWO0.4%
• iShares Global Reit ETFREET0.4%
• iShares Core S&P Small-cap E ETFIJR0.4%
• OracleORCL0.4%
• Qnity ElectronicsQ0.4%
• Union PacificUNP0.4%
• Vanguard Info Tech ETFVGT0.4%
• UnitedHealth GroupUNH0.3%
• Johnson Controls InternationalJCI0.3%
• Invesco QQQ Trust Series 1 ETFQQQ0.3%
• International Business MachinesIBM0.3%
• RTXRTX0.3%
• Philip Morris InternationalPM0.3%
• IntelINTC0.3%
• ConocoPhillipsCOP0.3%
• Coca-ColaKO0.3%
• iShares Msci Eafe Value ETFEFV0.3%
• Air Products and ChemicalsAPD0.3%
• iShares Core S&P Midcap ETFIJH0.3%
• DeereDE0.3%
• Vanguard Most Sm-cap ETF-usd ETFVB0.3%
• VisaV0.3%
• American Electric PowerAEP0.3%
• Lockheed MartinLMT0.3%
• iShares Core High Dividend E ETFHDV0.3%
• iShares S&P Small-cap 600 GR ETFIJT0.3%
• Micron TechnologyMU0.3%
• Valero EnergyVLO0.3%
• Vanguard Mrngstr Val ETF-aui ETFVTV0.3%
• iShares ESG Optimized Msci U ETFSUSA0.3%
• Nextera EnergyNEE0.3%
• DanaherDHR0.2%
• McDONALD’SMCD0.2%
• Phillips 66PSX0.2%
• nVent ElectricNVT0.2%
• Texas InstrumentsTXN0.2%
• GE AerospaceGE0.2%
• Walt DisneyDIS0.2%
• Abbott LaboratoriesABT0.2%
• iShares S&P Small-cap 600 VA ETFIJS0.2%
• Advanced Micro DevicesAMD0.2%
• Vanguard Mrngstar GR ETF-sui ETFVUG0.2%
• WalmartWMT0.2%
• Dupont De NemoursDD0.2%
• EOG ResourcesEOG0.2%
• TargetTGT0.2%
• Automatic Data ProcessingADP0.2%