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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
TP
1
Third Point
New York
$266M
Vanguard Group
2
Vanguard Group
Pennsylvania
$140M +$167K +4,417 +0.1%
BFA
3
BlackRock Fund Advisors
California
$112M +$10.8M +283,873 +11%
AllianceBernstein
4
AllianceBernstein
Tennessee
$111M +$20.5M +541,654 +24%
MCM
5
Marcato Capital Management
California
$104M -$77.7M -2,050,000 -44%
VVP
6
Vulcan Value Partners
Alabama
$79.9M +$451K +11,887 +0.6%
Dimensional Fund Advisors
7
Dimensional Fund Advisors
Texas
$63.9M -$2.13M -56,197 -3%
State Street
8
State Street
Massachusetts
$61M -$4.08M -107,656 -7%
Victory Capital Management
9
Victory Capital Management
Texas
$55.7M +$19.1M +504,211 +56%
BIT
10
BlackRock Institutional Trust
California
$55.3M -$923K -24,335 -2%
VBA
11
Van Berkom & Associates
Quebec, Canada
$52.6M -$951K -25,090 -2%
PIM
12
Paradice Investment Management
Colorado
$35.8M +$5.49M +144,764 +19%
Northern Trust
13
Northern Trust
Illinois
$31.1M -$878K -23,169 -3%
PA
14
Pinnacle Associates
New York
$29.5M -$1.58M -41,608 -5%
Norges Bank
15
Norges Bank
Norway
$28.7M +$1.1M +28,935 +4%
Fuller & Thaler Asset Management
16
Fuller & Thaler Asset Management
California
$28.4M +$1.05M +27,772 +4%
Goldman Sachs
17
Goldman Sachs
New York
$27.2M -$7.9M -208,311 -23%
CI
18
Clal Insurance
Israel
$25.9M +$15.5M +408,163 +169%
D.E. Shaw & Co
19
D.E. Shaw & Co
New York
$25.6M -$27.9K -735 -0.1%
CCA
20
Conestoga Capital Advisors
Pennsylvania
$24.9M +$9.01M +237,760 +61%
O
21
OppenheimerFunds
New York
$24.1M +$32.7K +863 +0.1%
AI
22
Ariel Investments
Illinois
$23.3M -$2.76M -72,726 -11%
Fisher Asset Management
23
Fisher Asset Management
Washington
$22.1M -$11.4M -300,255 -35%
CI
24
Cambiar Investors
Colorado
$22M -$1.37M -36,127 -6%
Bank of New York Mellon
25
Bank of New York Mellon
New York
$20.8M -$904K -23,841 -4%

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.