Davis Asset Management’s Bank of New York Mellon BNY Stock Holding History

Davis Asset Management’s Portfolio BNY Stock Details BNY Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q2	–	Sell	-40,000	Closed	-$1.61M	–	25
2015 Q1	$1.61M	Hold	40,000	–	–	0.37%	25
2014 Q4	$1.62M	Sell	40,000 -10,000	-20%	-$391K	0.4%	25
2014 Q3	$1.94M	Sell	50,000 -300,000	-86%	-$11.7M	0.53%	24
2014 Q2	$13.1M	Buy	350,000 +40,000	+13%	+$1.38M	4.07%	9
2014 Q1	$10.9M	Hold	310,000	–	–	3.82%	10
2013 Q4	$10.8M	Buy	310,000 +10,000	+3%	+$326K	4%	9
2013 Q3	$9.06M	Hold	300,000	–	–	4.19%	9
2013 Q2	$8.41M	Buy	+300,000	New	+$8.62M	4.04%	9

Other funds holding BNY

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

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

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Massachusetts Financial Services Boston, Massachusetts $315B AUM 27.84% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

TFM

Trian Fund Management New York $3.86B AUM 26.59% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.26% 1-Year Est. Return

First Eagle Investment Management New York $59.9B AUM 27.01% 1-Year Est. Return

FMI

Fiduciary Management Inc Milwaukee, Wisconsin $8.06B AUM 6.78% 1-Year Est. Return

Davis Asset Management's BNY Position: Q2 2015 in Review

Davis Asset Management sold out of Bank of New York Mellon (BNY) in Q2 2015, closing a stake of 40,000 shares — an estimated $1.61M sold.

Davis Asset Management first reported a position in BNY in Q2 2013 and held it in 8 quarters. The position peaked at $13.1M in Q2 2014. 902 funds tracked by Wall St. Rank hold BNY as of Q2 2015.

Davis Asset Management reported no remaining Bank of New York Mellon position as of Q2 2015 after selling out during the quarter.
Davis Asset Management sold 40,000 Bank of New York Mellon shares in Q2 2015, an estimated $1.61M.
Davis Asset Management first reported a position in Bank of New York Mellon in Q2 2013 and held it in 8 quarters.
Davis Asset Management's Bank of New York Mellon position peaked at $13.1M in Q2 2014.
902 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q2 2015.

Based on Davis Asset Management's 13F filing for Q2 2015, filed 14 Aug 2015.