Corvex Management’s Bank of America BAC Stock Holding History

Corvex Management’s Portfolio BAC Stock Details BAC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q4	–	Sell	-3,081,300	Closed	-$90.8M	–	26
2018 Q3	$90.8M	Sell	3,081,300 -1,455,700	-32%	-$44.3M	4.16%	10
2018 Q2	$128M	Buy	4,537,000 +990,000	+28%	+$29.5M	6.14%	4
2018 Q1	$106M	Sell	3,547,000 -3,470,000	-49%	-$109M	4.81%	8
2017 Q4	$207M	Hold	7,017,000	–	–	9.92%	2
2017 Q3	$178M	Buy	7,017,000 +1,815,000	+35%	+$44M	6.69%	6
2017 Q2	$126M	Buy	5,202,000 +620,000	+14%	+$14.5M	4.1%	8
2017 Q1	$108M	Sell	4,582,000 -4,885,000	-52%	-$116M	3%	12
2016 Q4	$209M	Buy	9,467,000 +7,097,000	+299%	+$137M	3.58%	8
2016 Q3	$37.1M	Buy	+2,370,000	New	+$35.3M	0.69%	21
2016 Q1	–	Sell	-9,401,500	Closed	-$158M	–	24
2015 Q4	$158M	Buy	+9,401,500	New	+$159M	2.11%	11

Other funds holding BAC

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Corvex Management's BAC Position: Q4 2018 in Review

Corvex Management sold out of Bank of America (BAC) in Q4 2018, closing a stake of 3,081,300 shares — an estimated $90.8M sold.

Corvex Management first reported a position in BAC in Q4 2015 and held it in 10 quarters. The position peaked at $209M in Q4 2016. 2,064 funds tracked by Wall St. Rank hold BAC as of Q4 2018.

Corvex Management reported no remaining Bank of America position as of Q4 2018 after selling out during the quarter.
Corvex Management sold 3,081,300 Bank of America shares in Q4 2018, an estimated $90.8M.
Corvex Management first reported a position in Bank of America in Q4 2015 and held it in 10 quarters.
Corvex Management's Bank of America position peaked at $209M in Q4 2016.
2,064 funds tracked by Wall St. Rank held Bank of America as of Q4 2018.

Based on Corvex Management's 13F filing for Q4 2018, filed 14 Feb 2019.