Sotheby's
BID
BID was delisted on the 2nd of October, 2019.
222 hedge funds and large institutions have $2.21B invested in Sotheby's in 2017 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 74 increasing their positions, 74 reducing their positions, and 21 closing their positions.
119% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 21
17% more capital invested
Capital invested by funds: $1.88B → $2.21B (+$327M)
8% more funds holding
Funds holding: 205 → 222 (+17)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 74
31% less call options, than puts
Call options by funds: $34.7M | Put options by funds: $50.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$206M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$22.8M |
| 3 |
VOYA Investment Management
Atlanta,
Georgia
|
+$19.8M |
| 4 |
TEC
Tiger Eye Capital
Nashville,
Tennessee
|
+$16.1M |
| 5 |
CAM
Cortina Asset Management
Milwaukee,
Wisconsin
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Marcato Capital Management
San Francisco,
California
|
-$36.1M |
| 2 |
Fisher Asset Management
Camas,
Washington
|
-$22.1M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
-$22M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$18.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
-$11.8M |
BID Hedge Fund Activity: Q1 2017 in Review
222 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Sotheby's (BID) for Q1 2017, worth a combined $2.21B — up 17% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new BID positions and 21 closed out — a net gain of 25 holders — while 74 added to existing stakes and 74 trimmed.
The largest buyer was BlackRock, adding an estimated $206M. The largest seller was Marcato Capital Management, cutting an estimated $36.1M.
- 222 institutional investors held Sotheby's (BID) as of Q1 2017, up from 205 in Q4 2016.
- Funds reported $2.21B of Sotheby's stock for Q1 2017, up 17% quarter-over-quarter.
- 46 funds opened new Sotheby's positions in Q1 2017 and 21 closed out, a net change of +25 holders.
- The largest Sotheby's buyer in Q1 2017 was BlackRock, an estimated $206M added.
- The largest Sotheby's seller in Q1 2017 was Marcato Capital Management, an estimated $36.1M sold.
Based on aggregated 13F filings for Q1 2017.