Third Point’s Bank of America BAC Stock Holding History

Third Point’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
2017 Q4	–	Sell	-12,250,000	Closed	-$310M	–	45
2017 Q3	$310M	Sell	12,250,000 -2,750,000	-18%	-$66.7M	2.61%	7
2017 Q2	$364M	Buy	15,000,000 +1,500,000	+11%	+$35M	3.23%	9
2017 Q1	$318M	Sell	13,500,000 -4,000,000	-23%	-$94.9M	3.11%	9
2016 Q4	$387M	Buy	+17,500,000	New	+$337M	3.8%	7

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

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

Norges Bank Oslo, Norway $935B AUM

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Third Point's BAC Position: Q4 2017 in Review

Third Point sold out of Bank of America (BAC) in Q4 2017, closing a stake of 12,250,000 shares — an estimated $310M sold.

Third Point first reported a position in BAC in Q4 2016 and held it in 4 quarters. The position peaked at $387M in Q4 2016. 1,982 funds tracked by Wall St. Rank hold BAC as of Q4 2017.

Third Point reported no remaining Bank of America position as of Q4 2017 after selling out during the quarter.
Third Point sold 12,250,000 Bank of America shares in Q4 2017, an estimated $310M.
Third Point first reported a position in Bank of America in Q4 2016 and held it in 4 quarters.
Third Point's Bank of America position peaked at $387M in Q4 2016.
1,982 funds tracked by Wall St. Rank held Bank of America as of Q4 2017.

Based on Third Point's 13F filing for Q4 2017, filed 14 Feb 2018.