Elm Ridge Management’s Bank of America BAC Stock Holding History

Elm Ridge 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	-174,130	Closed	-$5.13M	–	33
2018 Q3	$5.13M	Sell	174,130 -76,317	-30%	-$2.32M	2.05%	20
2018 Q2	$7.06M	Sell	250,447 -1,407	-0.6%	-$42K	2.94%	14
2018 Q1	$7.55M	Sell	251,854 -44,055	-15%	-$1.38M	3.62%	13
2017 Q4	$8.73M	Sell	295,909 -106,300	-26%	-$2.93M	3.91%	13
2017 Q3	$10.2M	Sell	402,209 -81,014	-17%	-$1.97M	4.29%	10
2017 Q2	$11.7M	Sell	483,223 -19,005	-4%	-$443K	3.86%	7
2017 Q1	$11.8M	Sell	502,228 -95,007	-16%	-$2.25M	2.92%	13
2016 Q4	$13.2M	Sell	597,235 -158,900	-21%	-$3.06M	2.83%	10
2016 Q3	$11.8M	Sell	756,135 -38,821	-5%	-$578K	2.79%	13
2016 Q2	$10.5M	Sell	794,956 -261,255	-25%	-$3.67M	2.54%	13
2016 Q1	$14.3M	Sell	1,056,211 -155,983	-13%	-$2.11M	2.51%	10
2015 Q4	$20.4M	Sell	1,212,194 -42,865	-3%	-$725K	3.93%	8
2015 Q3	$19.6M	Buy	+1,255,059	New	+$21.1M	2.85%	10
2014 Q1	–	Sell	-1,365,480	Closed	-$21.3M	–	47
2013 Q4	$21.3M	Sell	1,365,480 -278,826	-17%	-$4.14M	2.6%	12
2013 Q3	$22.7M	Sell	1,644,306 -78,527	-5%	-$1.12M	2.47%	13
2013 Q2	$22.2M	Buy	+1,722,833	New	+$22M	2.61%	12

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

Elm Ridge Management's BAC Position: Q4 2018 in Review

Elm Ridge Management sold out of Bank of America (BAC) in Q4 2018, closing a stake of 174,130 shares — an estimated $5.13M sold.

Elm Ridge Management first reported a position in BAC in Q2 2013 and held it in 16 quarters. The position peaked at $22.7M in Q3 2013. 2,064 funds tracked by Wall St. Rank hold BAC as of Q4 2018.

Elm Ridge Management reported no remaining Bank of America position as of Q4 2018 after selling out during the quarter.
Elm Ridge Management sold 174,130 Bank of America shares in Q4 2018, an estimated $5.13M.
Elm Ridge Management first reported a position in Bank of America in Q2 2013 and held it in 16 quarters.
Elm Ridge Management's Bank of America position peaked at $22.7M in Q3 2013.
2,064 funds tracked by Wall St. Rank held Bank of America as of Q4 2018.

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