Cipher Capital’s Sotheby's BID Stock Holding History

Cipher Capital’s Portfolio BID Stock Details BID Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-20,474	Closed	-$816K	–	746
2016 Q4	$816K	Buy	20,474 +5,247	+34%	+$199K	0.05%	433
2016 Q3	$579K	Sell	15,227 -38,016	-71%	-$1.34M	0.04%	525
2016 Q2	$1.46M	Buy	53,243 +14,523	+38%	+$411K	0.1%	334
2016 Q1	$1.03M	Buy	+38,720	New	+$930K	0.1%	362

Other funds holding BID

Third Point New York $2.08B AUM 27.04% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

VVP

Vulcan Value Partners Birmingham, Alabama $3.77B AUM 9.63% 1-Year Est. Return

MCM

Marcato Capital Management San Francisco, California $1.2M AUM 91.17% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

VBA

Van Berkom & Associates Montreal, Quebec, Canada $3.08B AUM 12.07% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Victory Capital Management San Antonio, Texas $156B AUM 27.51% 1-Year Est. Return

Cipher Capital's BID Position: Q1 2017 in Review

Cipher Capital sold out of Sotheby's (BID) in Q1 2017, closing a stake of 20,474 shares — an estimated $816K sold.

Cipher Capital first reported a position in BID in Q1 2016 and held it in 4 quarters. The position peaked at $1.46M in Q2 2016. 222 funds tracked by Wall St. Rank hold BID as of Q1 2017.

Cipher Capital reported no remaining Sotheby's position as of Q1 2017 after selling out during the quarter.
Cipher Capital sold 20,474 Sotheby's shares in Q1 2017, an estimated $816K.
Cipher Capital first reported a position in Sotheby's in Q1 2016 and held it in 4 quarters.
Cipher Capital's Sotheby's position peaked at $1.46M in Q2 2016.
222 funds tracked by Wall St. Rank held Sotheby's as of Q1 2017.

Based on Cipher Capital's 13F filing for Q1 2017, filed 10 May 2017.