M & T BK CORP

Ticker: MTB CUSIP: 55261F104 Class: COM

STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM's Holding History (CIK: 0000938076)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 121,876 Value ($000) $24,556 Avg Close $190.09 Range $173.38 - $208.26

Q3 2025

Shares 117,475 Value ($000) $23,215 Avg Close $193.71 Range $179.84 - $202.35

Q2 2025

Shares 130,195 Value ($000) $25,257 Avg Close $172.90 Range $147.35 - $193.26

Q1 2025

Shares 129,645 Value ($000) $23,174 Avg Close $184.51 Range $165.06 - $197.34

Q4 2024

Shares 127,345 Value ($000) $23,942 Avg Close $192.14 Range $164.08 - $217.71

Q3 2024

Shares 122,255 Value ($000) $21,776 Avg Close $159.11 Range $139.56 - $174.25

Q2 2024

Shares 119,885 Value ($000) $18,146 Avg Close $138.95 Range $126.18 - $148.59

Q1 2024

Shares 180,188 Value ($000) $21,545 Avg Close $130.61 Range $120.57 - $139.44

Q4 2023

Shares 177,076 Value ($000) $24,274 Avg Close $117.30 Range $100.95 - $139.29

Q3 2023

Shares 175,773 Value ($000) $22,226 Avg Close $120.47 Range $109.59 - $131.11

Q2 2023

Shares 177,098 Value ($000) $21,918 Avg Close $110.64 Range $99.63 - $120.49

Q1 2023

Shares 180,188 Value ($000) $21,545 Avg Close $131.45 Range $100.21 - $146.31

Q4 2022

Shares 194,018 Value ($000) $28,144 Avg Close $147.80 Range $125.03 - $172.70

Q3 2022

Shares 193,788 Value ($000) $34,169 Avg Close $158.03 Range $132.58 - $172.33

Q2 2022

Shares 198,905 Value ($000) $31,703 Avg Close $149.08 Range $139.16 - $163.11

Q1 2022

Shares 151,724 Value ($000) $25,717 Avg Close $155.43 Range $136.45 - $165.23

Q4 2021

Shares 153,384 Value ($000) $23,557 Avg Close $134.29 Range $124.36 - $142.38

Q3 2021

Shares 151,148 Value ($000) $22,572 Avg Close $120.25 Range $111.14 - $134.92

Q2 2021

Shares 170,422 Value ($000) $24,764 Avg Close $134.57 Range $123.34 - $144.59

Q1 2021

Shares 172,368 Value ($000) $26,133 Avg Close $126.15 Range $107.04 - $140.55

Q4 2020

Shares 178,942 Value ($000) $22,779 Avg Close $96.63 Range $76.47 - $110.90

Q3 2020

Shares 186,190 Value ($000) $17,146 Avg Close $85.82 Range $74.81 - $95.50

Q2 2020

Shares 187,460 Value ($000) $19,490 Avg Close $87.80 Range $70.48 - $108.89

Q1 2020

Shares 181,023 Value ($000) $18,723 Avg Close $121.20 Range $72.59 - $143.03

Q4 2019

Shares 183,924 Value ($000) $31,221 Avg Close $132.84 Range $120.05 - $141.90

Q3 2019

Shares 187,194 Value ($000) $29,571 Avg Close $127.93 Range $115.55 - $141.88

Q2 2019

Shares 186,162 Value ($000) $31,661 Avg Close $133.84 Range $127.29 - $138.45

Q1 2019

Shares 204,433 Value ($000) $32,100 Avg Close $131.85 Range $113.08 - $141.64

Q4 2018

Shares 205,263 Value ($000) $29,379 Avg Close $127.57 Range $107.21 - $137.04

Q3 2018

Shares 200,768 Value ($000) $33,034 Avg Close $137.68 Range $130.87 - $144.01

Q2 2018

Shares 204,414 Value ($000) $34,781 Avg Close $141.53 Range $132.54 - $148.86

Q1 2018

Shares 196,030 Value ($000) $36,140 Avg Close $146.61 Range $133.51 - $155.61

Q4 2017

Shares 203,060 Value ($000) $34,721 Avg Close $129.92 Range $121.79 - $138.71

Q3 2017

Shares 233,541 Value ($000) $37,609 Avg Close $122.44 Range $110.34 - $129.80

Q2 2017

Shares 230,135 Value ($000) $37,270 Avg Close $122.39 Range $114.25 - $127.61

Q1 2017

Shares 225,408 Value ($000) $34,877 Avg Close $124.95 Range $115.77 - $133.93

Q4 2016

Shares 222,447 Value ($000) $34,797 Avg Close $104.02 Range $86.11 - $122.08

Q3 2016

Shares 224,773 Value ($000) $26,096 Avg Close $88.80 Range $84.74 - $91.81

Q2 2016

Shares 230,937 Value ($000) $27,304 Avg Close $88.17 Range $81.12 - $92.11

Q1 2016

Shares 176,002 Value ($000) $19,536 Avg Close $81.93 Range $75.36 - $89.79

Q4 2015

Shares 177,622 Value ($000) $21,524 Avg Close $91.64 Range $83.48 - $95.93

Q3 2015

Shares 124,836 Value ($000) $15,224 Avg Close $93.27 Range $83.75 - $99.75

Q2 2015

Shares 132,650 Value ($000) $16,572 Avg Close $91.35 Range $87.23 - $95.80

Q1 2015

Shares 167,712 Value ($000) $21,299 Avg Close $89.29 Range $82.26 - $95.91

Q4 2014

Shares 179,407 Value ($000) $22,537 Avg Close $90.02 Range $82.27 - $94.90

Q3 2014

Shares 178,248 Value ($000) $21,976 Avg Close $89.75 Range $86.23 - $94.17

Q2 2014

Shares 181,459 Value ($000) $22,510 Avg Close $88.34 Range $84.00 - $91.61

Q1 2014

Shares 186,785 Value ($000) $22,657 Avg Close $83.18 Range $78.50 - $89.02

Q4 2013

Shares 211,383 Value ($000) $24,609 Avg Close $81.40 Range $78.07 - $84.34

Q3 2013

Shares 220,416 Value ($000) $24,669 Avg Close $82.37 Range $78.25 - $84.92

Q2 2013

Shares 218,980 Value ($000) $24,471 Avg Close $72.91 Range $67.52 - $79.57

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	121,876	$24,556	$190.09	$173.38 - $208.26
Q3 2025	117,475	$23,215	$193.71	$179.84 - $202.35
Q2 2025	130,195	$25,257	$172.90	$147.35 - $193.26
Q1 2025	129,645	$23,174	$184.51	$165.06 - $197.34
Q4 2024	127,345	$23,942	$192.14	$164.08 - $217.71
Q3 2024	122,255	$21,776	$159.11	$139.56 - $174.25
Q2 2024	119,885	$18,146	$138.95	$126.18 - $148.59
Q1 2024	180,188	$21,545	$130.61	$120.57 - $139.44
Q4 2023	177,076	$24,274	$117.30	$100.95 - $139.29
Q3 2023	175,773	$22,226	$120.47	$109.59 - $131.11
Q2 2023	177,098	$21,918	$110.64	$99.63 - $120.49
Q1 2023	180,188	$21,545	$131.45	$100.21 - $146.31
Q4 2022	194,018	$28,144	$147.80	$125.03 - $172.70
Q3 2022	193,788	$34,169	$158.03	$132.58 - $172.33
Q2 2022	198,905	$31,703	$149.08	$139.16 - $163.11
Q1 2022	151,724	$25,717	$155.43	$136.45 - $165.23
Q4 2021	153,384	$23,557	$134.29	$124.36 - $142.38
Q3 2021	151,148	$22,572	$120.25	$111.14 - $134.92
Q2 2021	170,422	$24,764	$134.57	$123.34 - $144.59
Q1 2021	172,368	$26,133	$126.15	$107.04 - $140.55
Q4 2020	178,942	$22,779	$96.63	$76.47 - $110.90
Q3 2020	186,190	$17,146	$85.82	$74.81 - $95.50
Q2 2020	187,460	$19,490	$87.80	$70.48 - $108.89
Q1 2020	181,023	$18,723	$121.20	$72.59 - $143.03
Q4 2019	183,924	$31,221	$132.84	$120.05 - $141.90
Q3 2019	187,194	$29,571	$127.93	$115.55 - $141.88
Q2 2019	186,162	$31,661	$133.84	$127.29 - $138.45
Q1 2019	204,433	$32,100	$131.85	$113.08 - $141.64
Q4 2018	205,263	$29,379	$127.57	$107.21 - $137.04
Q3 2018	200,768	$33,034	$137.68	$130.87 - $144.01
Q2 2018	204,414	$34,781	$141.53	$132.54 - $148.86
Q1 2018	196,030	$36,140	$146.61	$133.51 - $155.61
Q4 2017	203,060	$34,721	$129.92	$121.79 - $138.71
Q3 2017	233,541	$37,609	$122.44	$110.34 - $129.80
Q2 2017	230,135	$37,270	$122.39	$114.25 - $127.61
Q1 2017	225,408	$34,877	$124.95	$115.77 - $133.93
Q4 2016	222,447	$34,797	$104.02	$86.11 - $122.08
Q3 2016	224,773	$26,096	$88.80	$84.74 - $91.81
Q2 2016	230,937	$27,304	$88.17	$81.12 - $92.11
Q1 2016	176,002	$19,536	$81.93	$75.36 - $89.79
Q4 2015	177,622	$21,524	$91.64	$83.48 - $95.93
Q3 2015	124,836	$15,224	$93.27	$83.75 - $99.75
Q2 2015	132,650	$16,572	$91.35	$87.23 - $95.80
Q1 2015	167,712	$21,299	$89.29	$82.26 - $95.91
Q4 2014	179,407	$22,537	$90.02	$82.27 - $94.90
Q3 2014	178,248	$21,976	$89.75	$86.23 - $94.17
Q2 2014	181,459	$22,510	$88.34	$84.00 - $91.61
Q1 2014	186,785	$22,657	$83.18	$78.50 - $89.02
Q4 2013	211,383	$24,609	$81.40	$78.07 - $84.34
Q3 2013	220,416	$24,669	$82.37	$78.25 - $84.92
Q2 2013	218,980	$24,471	$72.91	$67.52 - $79.57