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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
IR
151
Invictus RG
Bermuda
$300K -$221K -5,829 -44%
COPPSERS
152
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$272K -$10.4K -273 -4%
AB
153
Amalgamated Bank
New York
$270K +$27.7K +731 +12%
EMG
154
Ellington Management Group
Connecticut
$267K -$152K -4,000 -37%
WVP
155
Worth Venture Partners
New Jersey
$236K +$225K +5,922 New
SAM
156
Securian Asset Management
Minnesota
$228K -$4.21K -111 -2%
CAM
157
Capstone Asset Management
Texas
$209K +$199K +5,242 New
NSIM
158
North Star Investment Management
Illinois
$197K
OSAM
159
O'Shaughnessy Asset Management
Connecticut
$178K +$169K +4,465 +148,833%
PAM
160
Panagora Asset Management
Massachusetts
$173K
EA
161
Edge Advisors
Georgia
$169K +$161K +4,250 New
Ohio Public Employees Retirement System (OPERS)
162
Ohio Public Employees Retirement System (OPERS)
Ohio
$157K +$4.25K +112 +3%
FCM
163
Flinton Capital Management
Pennsylvania
$133K +$126K +3,332 New
QT
164
Quantbot Technologies
New York
$129K -$395K -10,427 -76%
LIA
165
LS Investment Advisors
Michigan
$129K +$3.22K +85 +3%
Envestnet Asset Management
166
Envestnet Asset Management
Illinois
$112K +$43.5K +1,147 +69%
TAM
167
Tyers Asset Management
Texas
$109K +$104K +2,744 New
RCM
168
Riverhead Capital Management
Delaware
$100K
SEI Investments
169
SEI Investments
Pennsylvania
$93K -$137K -3,618 -61%
Creative Planning
170
Creative Planning
Kansas
$87K +$7.58K +200 +10%
NA
171
Neuburgh Advisers
California
$86K +$81.7K +2,156 New
US Bancorp
172
US Bancorp
Minnesota
$77K +$72.7K +1,917 +10,650%
H
173
Hexavest
Quebec, Canada
$76K
PNC Financial Services Group
174
PNC Financial Services Group
Pennsylvania
$65K -$17.9K -472 -22%
MCIM
175
Meadow Creek Investment Management
Georgia
$62K +$59.5K +1,568 New

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.