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

Marcato 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
2016 Q4	–	Sell	-2,900,876	Closed	-$116M	–	26
2016 Q3	$116M	Sell	2,900,876 -7,644,231	-72%	-$305M	9.98%	4
2016 Q2	$410M	Sell	10,545,107 -7,881,951	-43%	-$314M	33.19%	1
2016 Q1	$679M	Hold	18,427,058	–	–	46.62%	1
2015 Q4	$760M	Hold	18,427,058	–	–	38.57%	1
2015 Q3	$721M	Buy	18,427,058 +69,000	+0.4%	+$2.87M	36.2%	1
2015 Q2	$770M	Hold	18,358,058	–	–	32.2%	1
2015 Q1	$739M	Buy	18,358,058 +356,700	+2%	+$13.9M	27.39%	1
2014 Q4	$730M	Buy	18,001,358 +233,990	+1%	+$9.16M	23.88%	1
2014 Q3	$688M	Buy	+17,767,368	New	+$691M	24.41%	1

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

Marcato Capital Management's BNY Position: Q4 2016 in Review

Marcato Capital Management sold out of Bank of New York Mellon (BNY) in Q4 2016, closing a stake of 2,900,876 shares — an estimated $116M sold.

Marcato Capital Management first reported a position in BNY in Q3 2014 and held it in 9 quarters. The position peaked at $770M in Q2 2015. 967 funds tracked by Wall St. Rank hold BNY as of Q4 2016.

Marcato Capital Management reported no remaining Bank of New York Mellon position as of Q4 2016 after selling out during the quarter.
Marcato Capital Management sold 2,900,876 Bank of New York Mellon shares in Q4 2016, an estimated $116M.
Marcato Capital Management first reported a position in Bank of New York Mellon in Q3 2014 and held it in 9 quarters.
Marcato Capital Management's Bank of New York Mellon position peaked at $770M in Q2 2015.
967 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q4 2016.

Based on Marcato Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.