Mick McGuire’s Marcato Discloses a Big Stake in BNY Mellon

The bank now makes up nearly a quarter of the busy activist manager’s U.S. equity holdings

Richard (Mick) McGuire III has disclosed that his activist fund, Marcato Capital Management, owned more than 17.7 million shares of Bank of New York Mellon at the end of the third quarter. That makes the bank McGuire’s largest holding by far as of September 30.

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