{"id":56598,"date":"2017-02-15T09:53:58","date_gmt":"2017-02-15T14:53:58","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=56598"},"modified":"2017-02-15T09:53:58","modified_gmt":"2017-02-15T14:53:58","slug":"activist-hedge-fund-marcato-exited-bny-mellon-position-in-fourth-quarter","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2017\/activist-hedge-fund-marcato-exited-bny-mellon-position-in-fourth-quarter.html","title":{"rendered":"Activist Hedge Fund Marcato Exited BNY Mellon Position in Fourth Quarter"},"content":{"rendered":"<p>(Reuters) Activist hedge fund Marcato Capital Management, which has called for cost cuts at Bank of New York Mellon for years, exited its position in the fourth quarter, according to a regulatory filing made on Tuesday.<\/p>\n<p>The San Francisco-based hedge fund, run by Mick McGuire, sold 2.9 million shares some time in the last three months of the year, the so-called 13-F filing showed. It was a roughly 10 percent position for the fund.<\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-hedgefunds-marcato-bnymellon-idUSKBN15T29B\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) Activist hedge fund Marcato Capital Management, which has called for cost cuts at Bank of New York Mellon for years, exited its position in the fourth quarter, according to a regulatory filing made on Tuesday. The San Francisco-based hedge [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-56598","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=56598"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56598\/revisions"}],"predecessor-version":[{"id":56599,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/56598\/revisions\/56599"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=56598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=56598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=56598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}