Sotheby's
BID
BID was delisted on the 2nd of October, 2019.
219 hedge funds and large institutions have $2.92B invested in Sotheby's in 2018 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 67 increasing their positions, 87 reducing their positions, and 21 closing their positions.
86% more call options, than puts
Call options by funds: $21.1M | Put options by funds: $11.4M
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
3% more capital invested
Capital invested by funds: $2.85B → $2.92B (+$72.4M)
0% more funds holding
Funds holding: 218 → 219 (+1)
23% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Hudson Bay Capital Management
Stamford,
Connecticut
|
+$9.41M |
| 2 |
Fidelity International
Hamilton,
Bermuda
|
+$7.45M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$6.92M |
| 4 |
O
OppenheimerFunds
New York
|
+$6.27M |
| 5 |
BlackRock
New York
|
+$6.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VVP
Vulcan Value Partners
Birmingham,
Alabama
|
-$33.4M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$30.4M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$27.7M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
-$22.6M |
| 5 |
Millennium Management
New York
|
-$15.1M |
BID Hedge Fund Activity: Q2 2018 in Review
219 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Sotheby's (BID) for Q2 2018, worth a combined $2.92B — up 2.5% from $2.85B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new BID positions and 21 closed out — a net gain of 2 holders — while 67 added to existing stakes and 87 trimmed.
The largest buyer was Hudson Bay Capital Management, opening a new position worth an estimated $9.41M. The largest seller was Vulcan Value Partners, cutting an estimated $33.4M.
- 219 institutional investors held Sotheby's (BID) as of Q2 2018, up from 218 in Q1 2018.
- Funds reported $2.92B of Sotheby's stock for Q2 2018, up 2.5% quarter-over-quarter.
- 23 funds opened new Sotheby's positions in Q2 2018 and 21 closed out, a net change of +2 holders.
- The largest Sotheby's buyer in Q2 2018 was Hudson Bay Capital Management, an estimated $9.41M added.
- The largest Sotheby's seller in Q2 2018 was Vulcan Value Partners, an estimated $33.4M sold.
Based on aggregated 13F filings for Q2 2018.