Espalier Global Management’s Bank of America BAC Stock Holding History

Espalier Global 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
2016 Q4	–	Sell	-100,000	Closed	-$1.56M	–	7
2016 Q3	$1.56M	Sell	100,000 -49,791	-33%	-$741K	0.51%	42
2016 Q2	$1.99M	Sell	149,791 -50,209	-25%	-$705K	2.19%	17
2016 Q1	$2.7M	Sell	200,000 -50,000	-20%	-$675K	0.36%	35
2015 Q4	$4.21M	Buy	+250,000	New	+$4.23M	1.08%	31
2014 Q4	–	Sell	-700,000	Closed	-$11.9M	–	81
2014 Q3	$11.9M	Buy	700,000 +100,000	+17%	+$1.59M	0.64%	35
2014 Q2	$9.22M	Buy	+600,000	New	+$9.32M	0.71%	43
2014 Q1	–	Sell	-500,000	Closed	-$7.79M	–	102
2013 Q4	$7.79M	Buy	+500,000	New	+$7.42M	0.75%	51

Other funds holding BAC

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 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

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

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

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

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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Espalier Global Management's BAC Position: Q4 2016 in Review

Espalier Global Management sold out of Bank of America (BAC) in Q4 2016, closing a stake of 100,000 shares — an estimated $1.56M sold.

Espalier Global Management first reported a position in BAC in Q4 2013 and held it in 7 quarters. The position peaked at $11.9M in Q3 2014. 1,722 funds tracked by Wall St. Rank hold BAC as of Q4 2016.

Espalier Global Management reported no remaining Bank of America position as of Q4 2016 after selling out during the quarter.
Espalier Global Management sold 100,000 Bank of America shares in Q4 2016, an estimated $1.56M.
Espalier Global Management first reported a position in Bank of America in Q4 2013 and held it in 7 quarters.
Espalier Global Management's Bank of America position peaked at $11.9M in Q3 2014.
1,722 funds tracked by Wall St. Rank held Bank of America as of Q4 2016.

Based on Espalier Global Management's 13F filing for Q4 2016.