Masters Capital Management’s Bristol-Myers Squibb BMY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$60.6M	Buy	+1,000,000	New	+$58.3M	8.96%	11
2025 Q4	–	Sell	-1,000,000	Closed	-$45.1M	–	83
2025 Q3	$45.1M	Hold	1,000,000	–	–	7.24%	15
2025 Q2	$46.3M	Sell	1,000,000 -1,000,000	-50%	-$49.1M	8.91%	18
2025 Q1	$122M	Hold	2,000,000	–	–	25.84%	3
2024 Q4	$113M	Buy	+2,000,000	New	+$112M	19.3%	6
2020 Q3	–	Sell	-600,000	Closed	-$35.3M	–	56
2020 Q2	$35.3M	Buy	600,000 +300,000	+100%	+$17.9M	14.22%	8
2020 Q1	$16.7M	Buy	+300,000	New	+$18.3M	9.23%	11
2018 Q4	–	Sell	-1,527,000	Closed	-$94.8M	–	59
2018 Q3	$94.8M	Buy	1,527,000 +500,000	+49%	+$29.7M	12.88%	14
2018 Q2	$56.8M	Sell	1,027,000 -5,000	-0.5%	-$270K	9.28%	15
2018 Q1	$65.3M	Buy	1,032,000 +32,000	+3%	+$2.06M	13.36%	19
2017 Q4	$61.3M	Buy	1,000,000 +610,000	+156%	+$38.2M	11.29%	21
2017 Q3	$24.9M	Buy	+390,000	New	+$22.8M	4.45%	43
2014 Q1	–	Sell	-1,000,000	Closed	-$53.1M	–	57
2013 Q4	$53.1M	Buy	+1,000,000	New	+$50.9M	21.32%	11