M&T Bank Corp Sells 49,750 Shares of The Walt Disney Company

The bank lowered its stake in the entertainment giant by 6.1% during the third quarter.

Mar. 14, 2026 at 11:50am

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M&T Bank Corp lowered its stake in The Walt Disney Company (NYSE:DIS) by 6.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 772,377 shares of the entertainment giant's stock after selling 49,750 shares during the period.

Why it matters

This transaction provides insight into the investment strategies of M&T Bank Corp, a major institutional investor, and their views on the future prospects of The Walt Disney Company.

The details

According to the 13F filing, M&T Bank Corp sold 49,750 shares of Walt Disney stock during the third quarter, reducing its total holdings to 772,377 shares. This represents a 6.1% decrease in the bank's stake in the entertainment conglomerate.

  • The transaction occurred during the third quarter of the year.

The players

M&T Bank Corp

A major financial institution that manages a large investment portfolio, including holdings in The Walt Disney Company.

The Walt Disney Company

A diversified global entertainment and media conglomerate known for its iconic intellectual property and family-oriented content.

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The takeaway

This transaction suggests that M&T Bank Corp may have a more cautious outlook on the near-term performance of The Walt Disney Company, as evidenced by their decision to reduce their stake in the entertainment giant during the third quarter.