Sotheby's
BID
BID was delisted on the 2nd of October, 2019.
245 hedge funds and large institutions have $3.06B invested in Sotheby's in 2014 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 72 increasing their positions, 91 reducing their positions, and 29 closing their positions.
45% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 29
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
22% more capital invested
Capital invested by funds: $2.5B → $3.06B (+$553M)
4% more funds holding
Funds holding: 235 → 245 (+10)
7% more call options, than puts
Call options by funds: $83.4M | Put options by funds: $77.6M
21% less repeat investments, than reductions
Existing positions increased: 72 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JCAM
Jericho Capital Asset Management
New York
|
+$47.1M |
| 2 |
RRAM
River Road Asset Management
Louisville,
Kentucky
|
+$28.2M |
| 3 |
EAM
EverPoint Asset Management
Stamford,
Connecticut
|
+$18.4M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$18M |
| 5 |
ICAP
Independence Capital Asset Partners
Denver,
Colorado
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$26.3M |
| 2 |
NAP
New Amsterdam Partners
New York
|
-$22.5M |
| 3 |
TCM
TimesSquare Capital Management
New York
|
-$21.4M |
| 4 |
Alkeon Capital Management
New York
|
-$12.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$12.4M |
BID Hedge Fund Activity: Q4 2014 in Review
245 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Sotheby's (BID) for Q4 2014, worth a combined $3.06B — up 22% from $2.5B a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new BID positions and 29 closed out — a net gain of 13 holders — while 72 added to existing stakes and 91 trimmed.
The largest buyer was Jericho Capital Asset Management, opening a new position worth an estimated $47.1M. The largest seller was Eaton Vance Management, exiting entirely with an estimated $26.3M sold.
- 245 institutional investors held Sotheby's (BID) as of Q4 2014, up from 235 in Q3 2014.
- Funds reported $3.06B of Sotheby's stock for Q4 2014, up 22% quarter-over-quarter.
- 42 funds opened new Sotheby's positions in Q4 2014 and 29 closed out, a net change of +13 holders.
- The largest Sotheby's buyer in Q4 2014 was Jericho Capital Asset Management, an estimated $47.1M added.
- The largest Sotheby's seller in Q4 2014 was Eaton Vance Management, an estimated $26.3M sold.
Based on aggregated 13F filings for Q4 2014.