Sotheby's
BID
BID was delisted on the 2nd of October, 2019.
262 hedge funds and large institutions have $3.16B invested in Sotheby's in 2014 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 107 increasing their positions, 79 reducing their positions, and 29 closing their positions.
110% more call options, than puts
Call options by funds: $64.9M | Put options by funds: $30.9M
35% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 79
31% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 29
2% more funds holding
Funds holding: 257 → 262 (+5)
7% less capital invested
Capital invested by funds: $3.39B → $3.16B (-$231M)
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
+$115M |
| 2 |
Morgan Stanley
New York
|
+$39.7M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$32.1M |
| 4 |
Renaissance Technologies
New York
|
+$31.1M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$30.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EPCM
Eton Park Capital Management
New York
|
-$29.4M |
| 2 |
VM
Valinor Management
New York
|
-$28.9M |
| 3 |
RA
Royce & Associates
New York
|
-$25.4M |
| 4 |
YCMGA
York Capital Management Global Advisors
New York
|
-$21.7M |
| 5 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$14.2M |
BID Hedge Fund Activity: Q1 2014 in Review
262 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Sotheby's (BID) for Q1 2014, worth a combined $3.16B — down 6.8% from $3.39B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new BID positions and 29 closed out — a net gain of 9 holders — while 107 added to existing stakes and 79 trimmed.
The largest buyer was Eaton Vance Management, opening a new position worth an estimated $115M. The largest seller was Eton Park Capital Management, cutting an estimated $29.4M.
- 262 institutional investors held Sotheby's (BID) as of Q1 2014, up from 257 in Q4 2013.
- Funds reported $3.16B of Sotheby's stock for Q1 2014, down 6.8% quarter-over-quarter.
- 38 funds opened new Sotheby's positions in Q1 2014 and 29 closed out, a net change of +9 holders.
- The largest Sotheby's buyer in Q1 2014 was Eaton Vance Management, an estimated $115M added.
- The largest Sotheby's seller in Q1 2014 was Eton Park Capital Management, an estimated $29.4M sold.
Based on aggregated 13F filings for Q1 2014.