In some cases after undoing a replace actors the position of a BP actor is incorrect.
Not a regression from 4.10.4 CL-2872498
In QAGame place an Actor instance of BP_Variable
Alt-Drag to create a duplicate
Select Blueprint Class ContextMesh in content browser
Select both instances of BP_Variable, right click and choose Replace Selected Actors with Context Mesh
Undo
Note that instead of the 2 BP_Variable actors being at the correct position, they are both back at the position of the original
There's no existing public thread on this issue, so head over to Questions & Answers just mention UE-28398 in the post.