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BID

Sotheby's
BID

Delisted

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

193 hedge funds and large institutions have $1.56B invested in Sotheby's in 2016 Q2 according to their latest regulatory filings, with 30 funds opening new positions, 44 increasing their positions, 87 reducing their positions, and 35 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more capital invested

Capital invested by funds: $1.53B → $1.56B (+$27.5M)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less funds holding

Funds holding: 199193 (-6)

14% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 35

49% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 87

58% less call options, than puts

Call options by funds: $29.7M | Put options by funds: $70.6M

Holders
193
Holders Change
-6
Holders Change %
-3.02%
% of All Funds
5.15%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
30
Increased
44
Reduced
87
Closed
35
Calls
$29.7M
Puts
$70.6M
Net Calls
-$40.8M
Net Calls Change
-$12.4M
Name Holding Trade Value Shares
Change
Change in
Stake
TP
1
Third Point
New York
$183M
MCM
2
Marcato Capital Management
California
$144M -$18M -635,000 -11%
Vanguard Group
3
Vanguard Group
Pennsylvania
$104M -$10.6M -374,485 -9%
AllianceBernstein
4
AllianceBernstein
Tennessee
$74.5M +$43.2M +1,525,924 +128%
BFA
5
BlackRock Fund Advisors
California
$70.5M -$2.33M -82,231 -3%
VVP
6
Vulcan Value Partners
Alabama
$60M +$61.9M +2,188,595 New
SAMH
7
Shanda Asset Management Holdings
British Virgin Islands
$60M +$29M +1,026,228 +88%
SDJVC
8
St. Denis J. Villere & Co
Louisiana
$53.9M -$9.72M -343,550 -15%
State Street
9
State Street
Massachusetts
$46.5M -$4.27M -150,835 -8%
Dimensional Fund Advisors
10
Dimensional Fund Advisors
Texas
$45.8M +$3.55M +125,275 +8%
VBA
11
Van Berkom & Associates
Quebec, Canada
$45.2M -$5.41M -191,117 -10%
BIT
12
BlackRock Institutional Trust
California
$44.5M -$358K -12,641 -0.8%
AI
13
Ariel Investments
Illinois
$33.7M -$1.19M -42,131 -3%
GCM
14
Gates Capital Management
New York
$32.7M +$31M +1,094,052 +1,094%
Fuller & Thaler Asset Management
15
Fuller & Thaler Asset Management
California
$27.6M +$4.74M +167,404 +20%
Point72 Asset Management
16
Point72 Asset Management
Connecticut
$27.4M -$62.8M -2,220,000 -69%
CI
17
Cambiar Investors
Colorado
$26.1M -$1.76M -62,046 -6%
Northern Trust
18
Northern Trust
Illinois
$23.3M -$2.91M -102,663 -11%
Fisher Asset Management
19
Fisher Asset Management
Washington
$23.1M -$41.4K -1,461 -0.2%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$22.2M +$75K +2,650 +0.3%
PA
21
Pinnacle Associates
New York
$21.8M -$276K -9,756 -1%
RA
22
Royce & Associates
New York
$21.2M -$13.3M -471,267 -38%
PIM
23
Paradice Investment Management
Colorado
$20.6M +$3.02M +106,569 +16%
Goldman Sachs
24
Goldman Sachs
New York
$17M -$1.05M -37,176 -6%
O
25
OppenheimerFunds
New York
$16.6M -$15.3K -539 -0.1%

BID Hedge Fund Activity: Q2 2016 in Review

193 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Sotheby's (BID) for Q2 2016, worth a combined $1.56B — up 1.8% from $1.53B a quarter earlier.

Sellers outnumbered buyers: 35 funds closed out of BID and 30 opened new positions — a net loss of 5 holders — while 87 trimmed existing stakes and 44 added.

The largest buyer was Vulcan Value Partners, opening a new position worth an estimated $61.9M. The largest seller was Point72 Asset Management, cutting an estimated $62.8M.

  • 193 institutional investors held Sotheby's (BID) as of Q2 2016, down from 199 in Q1 2016.
  • Funds reported $1.56B of Sotheby's stock for Q2 2016, up 1.8% quarter-over-quarter.
  • 30 funds opened new Sotheby's positions in Q2 2016 and 35 closed out, a net change of -5 holders.
  • The largest Sotheby's buyer in Q2 2016 was Vulcan Value Partners, an estimated $61.9M added.
  • The largest Sotheby's seller in Q2 2016 was Point72 Asset Management, an estimated $62.8M sold.

Based on aggregated 13F filings for Q2 2016.