Kingstown Capital Management’s Bank of New York Mellon BNY Stock Holding History

Kingstown Capital 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
2018 Q4	–	Sell	-1,050,000	Closed	-$53.5M	–	17
2018 Q3	$53.5M	Buy	1,050,000 +50,000	+5%	+$2.63M	7.1%	8
2018 Q2	$53.9M	Hold	1,000,000	–	–	6.73%	6
2018 Q1	$51.5M	Sell	1,000,000 -500,000	-33%	-$27.8M	7.65%	6
2017 Q4	$80.8M	Hold	1,500,000	–	–	9.5%	3
2017 Q3	$79.5M	Hold	1,500,000	–	–	9.43%	2
2017 Q2	$76.5M	Buy	1,500,000 +250,000	+20%	+$12M	7.62%	3
2017 Q1	$59M	Hold	1,250,000	–	–	6.13%	6
2016 Q4	$59.2M	Sell	1,250,000 -250,000	-17%	-$11.3M	5.81%	6
2016 Q3	$59.8M	Sell	1,500,000 -350,000	-19%	-$14M	6.67%	6
2016 Q2	$71.9M	Hold	1,850,000	–	–	8.15%	2
2016 Q1	$68.1M	Buy	1,850,000 +550,000	+42%	+$19.9M	7.35%	2
2015 Q4	$53.6M	Buy	1,300,000 +50,000	+4%	+$2.1M	5.77%	8
2015 Q3	$48.9M	Buy	+1,250,000	New	+$52M	5.5%	8

Other funds holding BNY

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

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

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

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

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

Longview Partners St Peter Port, Guernsey $7.06B AUM 3.43% 1-Year Est. Return

Kingstown Capital Management's BNY Position: Q4 2018 in Review

Kingstown Capital Management sold out of Bank of New York Mellon (BNY) in Q4 2018, closing a stake of 1,050,000 shares — an estimated $53.5M sold.

Kingstown Capital Management first reported a position in BNY in Q3 2015 and held it in 13 quarters. The position peaked at $80.8M in Q4 2017. 1,038 funds tracked by Wall St. Rank hold BNY as of Q4 2018.

Kingstown Capital Management reported no remaining Bank of New York Mellon position as of Q4 2018 after selling out during the quarter.
Kingstown Capital Management sold 1,050,000 Bank of New York Mellon shares in Q4 2018, an estimated $53.5M.
Kingstown Capital Management first reported a position in Bank of New York Mellon in Q3 2015 and held it in 13 quarters.
Kingstown Capital Management's Bank of New York Mellon position peaked at $80.8M in Q4 2017.
1,038 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q4 2018.

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