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BID

Sotheby's
BID

Delisted

BID was delisted on the 2nd of October, 2019.

205 hedge funds and large institutions have $1.88B invested in Sotheby's in 2016 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 57 increasing their positions, 85 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

5% more capital invested

Capital invested by funds: $1.8B → $1.88B (+$82.5M)

4% less funds holding

Funds holding: 213205 (-8)

17% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 35

32% less call options, than puts

Call options by funds: $42.1M | Put options by funds: $61.5M

33% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 85

Holders
205
Holders Change
-8
Holders Change %
-3.76%
% of All Funds
5.13%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
29
Increased
57
Reduced
85
Closed
35
Calls
$42.1M
Puts
$61.5M
Net Calls
-$19.5M
Net Calls Change
-$11.9M
Name Holding Trade Value Shares
Change
Change in
Stake
1832 Asset Management
26
1832 Asset Management
Ontario, Canada
$18.9M +$9.26M +244,300 +99%
Westfield Capital Management
27
Westfield Capital Management
Massachusetts
$17.1M +$16.2M +428,585 New
Morgan Stanley
28
Morgan Stanley
New York
$14.2M +$3.34M +88,176 +33%
T. Rowe Price Associates
29
T. Rowe Price Associates
Maryland
$14M -$27.4K -722 -0.2%
Geode Capital Management
30
Geode Capital Management
Massachusetts
$13.6M -$207K -5,465 -2%
Bank of America
31
Bank of America
North Carolina
$13.3M -$8.53M -225,037 -40%
BIM
32
BlackRock Investment Management
Delaware
$13M +$719K +18,974 +6%
HP
33
Hosking Partners
United Kingdom
$12.3M -$298K -7,851 -2%
RA
34
Royce & Associates
New York
$12.2M -$8.57M -226,000 -42%
RAM
35
RWC Asset Management
United Kingdom
$12M +$2.33M +61,402 +26%
Charles Schwab
36
Charles Schwab
California
$11.2M +$747K +19,695 +8%
USAA
37
United Services Automobile Association
Texas
$10.6M
Deutsche Bank
38
Deutsche Bank
Germany
$9.86M +$8.43M +222,272 +888%
AP
39
AHL Partners
United Kingdom
$9.37M +$8.09M +213,279 +984%
Canada Pension Plan Investment Board
40
Canada Pension Plan Investment Board
Ontario, Canada
$8.69M -$2.06M -54,400 -20%
Ameriprise
41
Ameriprise
Minnesota
$8.35M +$631K +16,640 +9%
Principal Financial Group
42
Principal Financial Group
Iowa
$7.28M -$170K -4,492 -2%
California Public Employees Retirement System
43
California Public Employees Retirement System
California
$6.98M -$315K -8,300 -5%
Renaissance Technologies
44
Renaissance Technologies
New York
$6.52M +$6.2M +163,500 New
Neuberger Berman Group
45
Neuberger Berman Group
New York
$6.08M -$1.46M -38,505 -20%
TCIM
46
TIAA CREF Investment Management
New York
$5.72M -$662K -17,457 -11%
TEC
47
Tiger Eye Capital
Tennessee
$5.02M +$4.78M +126,040 New
1M
48
13D Management
New York
$5.01M +$341K +9,007 +8%
AIG
49
American International Group
New York
$4.69M -$141K -3,721 -3%
GC
50
Guggenheim Capital
Illinois
$4.49M +$3.78M +99,789 +776%

BID Hedge Fund Activity: Q4 2016 in Review

205 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Sotheby's (BID) for Q4 2016, worth a combined $1.88B — up 4.6% from $1.8B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of BID and 29 opened new positions — a net loss of 6 holders — while 85 trimmed existing stakes and 57 added.

The largest buyer was AllianceBernstein, adding an estimated $20.5M. The largest seller was Marcato Capital Management, cutting an estimated $77.7M.

  • 205 institutional investors held Sotheby's (BID) as of Q4 2016, down from 213 in Q3 2016.
  • Funds reported $1.88B of Sotheby's stock for Q4 2016, up 4.6% quarter-over-quarter.
  • 29 funds opened new Sotheby's positions in Q4 2016 and 35 closed out, a net change of -6 holders.
  • The largest Sotheby's buyer in Q4 2016 was AllianceBernstein, an estimated $20.5M added.
  • The largest Sotheby's seller in Q4 2016 was Marcato Capital Management, an estimated $77.7M sold.

Based on aggregated 13F filings for Q4 2016.