Manikay Partners’s Bank of America BAC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-3,000,000	Closed	-$106M	–	1
2019 Q4	$106M	Hold	3,000,000	–	–	11.84%	1
2019 Q3	$87.5M	Hold	3,000,000	–	–	9.12%	2
2019 Q2	$87M	Hold	3,000,000	–	–	7.23%	4
2019 Q1	$82.8M	Hold	3,000,000	–	–	10.21%	4
2018 Q4	$73.9M	Hold	3,000,000	–	–	7.19%	3
2018 Q3	$88.4M	Sell	3,000,000 -500,000	-14%	-$14.7M	6.18%	6
2018 Q2	$98.7M	Sell	3,500,000 -1,000,000	-22%	-$28.2M	6.85%	5
2018 Q1	$135M	Hold	4,500,000	–	–	7.03%	4
2017 Q4	$133M	Hold	4,500,000	–	–	6.99%	5
2017 Q3	$114M	Hold	4,500,000	–	–	7.08%	5
2017 Q2	$109M	Hold	4,500,000	–	–	6.96%	6
2017 Q1	$106M	Sell	4,500,000 -2,500,000	-36%	-$59M	7.05%	6
2016 Q4	$155M	Hold	7,000,000	–	–	8.15%	2
2016 Q3	$110M	Sell	7,000,000 -1,000,000	-13%	-$15.7M	5.12%	3
2016 Q2	$106M	Hold	8,000,000	–	–	8.08%	3
2016 Q1	$108M	Buy	8,000,000 +2,000,000	+33%	+$27M	6.17%	6
2015 Q4	$101M	Hold	6,000,000	–	–	5.2%	4
2015 Q3	$93.5M	Hold	6,000,000	–	–	5.5%	2
2015 Q2	$102M	Hold	6,000,000	–	–	5.59%	6
2015 Q1	$92.3M	Hold	6,000,000	–	–	5.7%	4
2014 Q4	$107M	Hold	6,000,000	–	–	5.43%	4
2014 Q3	$102M	Hold	6,000,000	–	–	5.77%	2
2014 Q2	$92.2M	Hold	6,000,000	–	–	5.14%	3
2014 Q1	$103M	Hold	6,000,000	–	–	8.17%	2
2013 Q4	$93.4M	Hold	6,000,000	–	–	8.97%	1
2013 Q3	$82.8M	Hold	6,000,000	–	–	7.69%	2
2013 Q2	$77.2M	Buy	+6,000,000	New	+$77.2M	6.97%	2