Third Avenue Management’s Bank of New York Mellon BNY Stock Holding History

Third Avenue 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
2018 Q4	–	Sell	-651,082	Closed	-$33.2M	–	63
2018 Q3	$33.2M	Sell	651,082 -130,866	-17%	-$6.89M	1.88%	16
2018 Q2	$42.2M	Sell	781,948 -306,495	-28%	-$16.9M	2.09%	18
2018 Q1	$56.1M	Buy	1,088,443 +19	+0%	+$1.06K	2.85%	10
2017 Q4	$58.6M	Sell	1,088,424 -461,880	-30%	-$24.6M	2.82%	7
2017 Q3	$82.2M	Sell	1,550,304 -212,113	-12%	-$11.1M	3.71%	6
2017 Q2	$89.9M	Sell	1,762,417 -5,719	-0.3%	-$274K	4%	6
2017 Q1	$83.5M	Buy	1,768,136 +8,671	+0.5%	+$406K	3.82%	6
2016 Q4	$83.4M	Sell	1,759,465 -274,936	-14%	-$12.4M	3.78%	6
2016 Q3	$81.1M	Sell	2,034,401 -19,247	-0.9%	-$769K	3.72%	5
2016 Q2	$79.8M	Sell	2,053,648 -396,894	-16%	-$15.8M	3.55%	8
2016 Q1	$90.3M	Sell	2,450,542 -458,181	-16%	-$16.6M	3.47%	7
2015 Q4	$120M	Sell	2,908,723 -247,915	-8%	-$10.4M	3.88%	7
2015 Q3	$124M	Sell	3,156,638 -193,799	-6%	-$8.06M	3.36%	7
2015 Q2	$141M	Sell	3,350,437 -322,287	-9%	-$13.7M	3.54%	5
2015 Q1	$148M	Sell	3,672,724 -429,808	-10%	-$16.7M	3.71%	4
2014 Q4	$166M	Sell	4,102,532 -389,265	-9%	-$15.2M	4.2%	2
2014 Q3	$174M	Sell	4,491,797 -536,747	-11%	-$20.9M	3.65%	2
2014 Q2	$188M	Sell	5,028,544 -267,528	-5%	-$9.26M	3.64%	2
2014 Q1	$187M	Sell	5,296,072 -1,821,335	-26%	-$60.2M	3.62%	2
2013 Q4	$249M	Sell	7,117,407 -499,453	-7%	-$16.3M	4.56%	2
2013 Q3	$230M	Sell	7,616,860 -1,303,991	-15%	-$40M	4.45%	2
2013 Q2	$250M	Buy	+8,920,851	New	+$256M	4.91%	1

Other funds holding BNY

Berkshire Hathaway Omaha, Nebraska $299B AUM 27.55% 1-Year Est. Return

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

BlackRock New York $6.73T AUM 46.02% 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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

First Eagle Investment Management New York $59.9B AUM 27.01% 1-Year Est. Return

Longview Partners St Peter Port, Guernsey $6.16B AUM 3.55% 1-Year Est. Return

Third Avenue Management's BNY Position: Q4 2018 in Review

Third Avenue Management sold out of Bank of New York Mellon (BNY) in Q4 2018, closing a stake of 651,082 shares — an estimated $33.2M sold.

Third Avenue Management first reported a position in BNY in Q2 2013 and held it in 22 quarters. The position peaked at $250M in Q2 2013. 1,038 funds tracked by Wall St. Rank hold BNY as of Q4 2018.

Third Avenue Management reported no remaining Bank of New York Mellon position as of Q4 2018 after selling out during the quarter.
Third Avenue Management sold 651,082 Bank of New York Mellon shares in Q4 2018, an estimated $33.2M.
Third Avenue Management first reported a position in Bank of New York Mellon in Q2 2013 and held it in 22 quarters.
Third Avenue Management's Bank of New York Mellon position peaked at $250M in Q2 2013.
1,038 funds tracked by Wall St. Rank held Bank of New York Mellon as of Q4 2018.

Based on Third Avenue Management's 13F filing for Q4 2018, filed 13 Feb 2019.