Starboard Value’s Bank of New York Mellon BNY Stock Holding History

Starboard Value’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
2015 Q4	–	Sell	-43,100	Closed	-$1.69M	–	26
2015 Q3	$1.69M	Buy	+43,100	New	+$1.79M	0.04%	29
2015 Q2	–	Sell	-750,000	Closed	-$30.2M	–	37
2015 Q1	$30.2M	Buy	+750,000	New	+$29.2M	0.63%	22

Other funds holding BNY

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

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

Massachusetts Financial Services Boston, Massachusetts $298B AUM 21.96% 1-Year Est. Return

TFM

Trian Fund Management New York $3.86B AUM 26.59% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

First Eagle Investment Management New York $59B AUM 32.99% 1-Year Est. Return

DSA

Davis Selected Advisers Tucson, Arizona $21.8B AUM 23.45% 1-Year Est. Return

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Starboard Value's BNY Position: Q4 2015 in Review

Starboard Value sold out of Bank of New York Mellon (BNY) in Q4 2015, closing a stake of 43,100 shares — an estimated $1.69M sold.

Starboard Value first reported a position in BNY in Q1 2015 and held it in 2 quarters. The position peaked at $30.2M in Q1 2015. 897 funds tracked by Wall St. Rank hold BNY as of Q4 2015.

Starboard Value reported no remaining Bank of New York Mellon position as of Q4 2015 after selling out during the quarter.
Starboard Value sold 43,100 Bank of New York Mellon shares in Q4 2015, an estimated $1.69M.
Starboard Value first reported a position in Bank of New York Mellon in Q1 2015 and held it in 2 quarters.
Starboard Value's Bank of New York Mellon position peaked at $30.2M in Q1 2015.
897 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q4 2015.

Based on Starboard Value's 13F filing for Q4 2015, filed 12 Feb 2016.