Ivory Investment Management’s Bank of New York Mellon BNY Stock Holding History

Ivory Investment 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 Q4	–	Sell	-1,272,914	Closed	-$49.8M	–	78
2015 Q3	$49.8M	Sell	1,272,914 -1,582,556	-55%	-$65.8M	1.34%	25
2015 Q2	$120M	Sell	2,855,470 -467,582	-14%	-$19.9M	2.92%	5
2015 Q1	$134M	Buy	3,323,052 +312,103	+10%	+$12.2M	3.16%	4
2014 Q4	$122M	Buy	3,010,949 +2,417,194	+407%	+$94.6M	3.92%	3
2014 Q3	$23M	Buy	593,755 +374,131	+170%	+$14.5M	0.76%	38
2014 Q2	$8.23M	Buy	+219,624	New	+$7.6M	0.23%	69

Other funds holding BNY

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

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Dodge & Cox San Francisco, California $191B AUM 17.5% 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

TFM

Trian Fund Management New York $4.23B AUM 31.93% 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

DSA

Davis Selected Advisers Tucson, Arizona $23.3B AUM 26.95% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

Ivory Investment Management's BNY Position: Q4 2015 in Review

Ivory Investment Management sold out of Bank of New York Mellon (BNY) in Q4 2015, closing a stake of 1,272,914 shares — an estimated $49.8M sold.

Ivory Investment Management first reported a position in BNY in Q2 2014 and held it in 6 quarters. The position peaked at $134M in Q1 2015. 897 funds tracked by Wall St. Rank hold BNY as of Q4 2015.

Ivory Investment Management reported no remaining Bank of New York Mellon position as of Q4 2015 after selling out during the quarter.
Ivory Investment Management sold 1,272,914 Bank of New York Mellon shares in Q4 2015, an estimated $49.8M.
Ivory Investment Management first reported a position in Bank of New York Mellon in Q2 2014 and held it in 6 quarters.
Ivory Investment Management's Bank of New York Mellon position peaked at $134M in Q1 2015.
897 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q4 2015.

Based on Ivory Investment Management's 13F filing for Q4 2015, filed 16 Feb 2016.