Masters Capital Management’s Bank of America BAC Stock Holding History

Masters Capital Management’s Portfolio BAC Stock Details BAC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q2	–	Sell	-5,000,000	Closed	-$143M	–	59
2023 Q1	$143M	Buy	+5,000,000	New	+$165M	7.24%	3
2020 Q4	–	Sell	-1,000,000	Closed	-$24.1M	–	61
2020 Q3	$24.1M	Sell	1,000,000 -1,000,000	-50%	-$24.9M	1.6%	18
2020 Q2	$47.5M	Buy	+2,000,000	New	+$47.3M	5.37%	4
2018 Q3	–	Sell	-2,000,000	Closed	-$56.4M	–	80
2018 Q2	$56.4M	Sell	2,000,000 -1,000,000	-33%	-$29.8M	1.59%	16
2018 Q1	$90M	Sell	3,000,000 -1,000,000	-25%	-$31.4M	1.95%	16
2017 Q4	$118M	Sell	4,000,000 -1,000,000	-20%	-$27.6M	2.83%	11
2017 Q3	$127M	Buy	5,000,000 +1,469,000	+42%	+$35.6M	2.95%	11
2017 Q2	$85.7M	Buy	3,531,000 +1,638,000	+87%	+$38.2M	2.12%	12
2017 Q1	$44.7M	Sell	1,893,000 -1,013,000	-35%	-$24M	1.1%	27
2016 Q4	$64.2M	Buy	2,906,000 +906,000	+45%	+$17.4M	1.41%	18
2016 Q3	$31.3M	Buy	2,000,000 +52,500	+3%	+$782K	0.63%	32
2016 Q2	$25.8M	Buy	+1,947,500	New	+$27.4M	0.76%	30
2014 Q4	–	Sell	-1,000,000	Closed	-$17.1M	–	59
2014 Q3	$17.1M	Buy	+1,000,000	New	+$15.9M	0.63%	36
2014 Q1	–	Sell	-1,000,000	Closed	-$15.6M	–	54
2013 Q4	$15.6M	Sell	1,000,000 -3,000,000	-75%	-$44.5M	0.65%	31
2013 Q3	$55.2M	Buy	4,000,000 +3,000,000	+300%	+$42.8M	2.97%	10
2013 Q2	$12.9M	Buy	+1,000,000	New	+$12.8M	0.99%	23

Other funds holding BAC

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

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

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

Masters Capital Management's BAC Position: Q1 2018 in Review

Masters Capital Management sold out of Bank of America (BAC) in Q1 2018, closing a stake of 1,000,000 shares — an estimated $31.4M sold.

Masters Capital Management first reported a position in BAC in Q3 2013 and held it in 17 quarters. The position peaked at $70.8M in Q1 2017. 2,026 funds tracked by Wall St. Rank hold BAC as of Q1 2018.

Masters Capital Management reported no remaining Bank of America position as of Q1 2018 after selling out during the quarter.
Masters Capital Management sold 1,000,000 Bank of America shares in Q1 2018, an estimated $31.4M.
Masters Capital Management first reported a position in Bank of America in Q3 2013 and held it in 17 quarters.
Masters Capital Management's Bank of America position peaked at $70.8M in Q1 2017.
2,026 funds tracked by Wall St. Rank held Bank of America as of Q1 2018.

Based on Masters Capital Management's 13F filing for Q1 2018, filed 15 May 2018.