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

Magellan 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
2016 Q4	–	Sell	-5,220,025	Closed	-$208M	–	86
2016 Q3	$208M	Sell	5,220,025 -7,483,842	-59%	-$299M	1.04%	19
2016 Q2	$494M	Buy	12,703,867 +177,255	+1%	+$7.05M	2.77%	17
2016 Q1	$461M	Buy	12,526,612 +390,224	+3%	+$14.2M	2.49%	17
2015 Q4	$500M	Sell	12,136,388 -3,987,623	-25%	-$168M	2.8%	16
2015 Q3	$631M	Buy	16,124,011 +129,371	+0.8%	+$5.38M	3.96%	13
2015 Q2	$671M	Buy	15,994,640 +74,232	+0.5%	+$3.16M	4.21%	11
2015 Q1	$641M	Buy	15,920,408 +703,295	+5%	+$27.4M	4.13%	12
2014 Q4	$617M	Buy	15,217,113 +550,962	+4%	+$21.6M	4.4%	11
2014 Q3	$568M	Sell	14,666,151 -4,287,230	-23%	-$167M	4.47%	13
2014 Q2	$710M	Buy	18,953,381 +478,838	+3%	+$16.6M	5.35%	10
2014 Q1	$652M	Buy	18,474,543 +1,062,018	+6%	+$35.1M	5.13%	10
2013 Q4	$608M	Buy	17,412,525 +1,432,513	+9%	+$46.6M	5.02%	11
2013 Q3	$482M	Buy	15,980,012 +900,995	+6%	+$27.6M	5.19%	9
2013 Q2	$423M	Buy	+15,079,017	New	+$433M	4.72%	12

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

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

DSA

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

Magellan Asset Management's BNY Position: Q4 2016 in Review

Magellan Asset Management sold out of Bank of New York Mellon (BNY) in Q4 2016, closing a stake of 5,220,025 shares — an estimated $208M sold.

Magellan Asset Management first reported a position in BNY in Q2 2013 and held it in 14 quarters. The position peaked at $710M in Q2 2014. 967 funds tracked by Wall St. Rank hold BNY as of Q4 2016.

Magellan Asset Management reported no remaining Bank of New York Mellon position as of Q4 2016 after selling out during the quarter.
Magellan Asset Management sold 5,220,025 Bank of New York Mellon shares in Q4 2016, an estimated $208M.
Magellan Asset Management first reported a position in Bank of New York Mellon in Q2 2013 and held it in 14 quarters.
Magellan Asset Management's Bank of New York Mellon position peaked at $710M in Q2 2014.
967 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q4 2016.

Based on Magellan Asset Management's 13F filing for Q4 2016, filed 15 Feb 2017.