<SEC-DOCUMENT>0001417979-13-000001.txt : 20130211
<SEC-HEADER>0001417979-13-000001.hdr.sgml : 20130211
<ACCEPTANCE-DATETIME>20130211065405
ACCESSION NUMBER:		0001417979-13-000001
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20130211
DATE AS OF CHANGE:		20130211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SOTHEBYS
		CENTRAL INDEX KEY:			0000823094
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-BUSINESS SERVICES, NEC [7389]
		IRS NUMBER:				382478409
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-39574
		FILM NUMBER:		13588800

	BUSINESS ADDRESS:	
		STREET 1:		1334 YORK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10021
		BUSINESS PHONE:		212-606-7000

	MAIL ADDRESS:	
		STREET 1:		1334 YORK AVENUE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10021

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SOTHEBYS HOLDINGS INC
		DATE OF NAME CHANGE:	19920703

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BESTINVER GESTION S.A., SGIIC
		CENTRAL INDEX KEY:			0001417979
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			U3
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		CALLE JUAN DE MENA, NO. 8
		CITY:			MADRID
		STATE:			U3
		ZIP:			28014
		BUSINESS PHONE:		00-34915959158

	MAIL ADDRESS:	
		STREET 1:		CALLE JUAN DE MENA, NO. 8
		CITY:			MADRID
		STATE:			U3
		ZIP:			28014
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>sothebys01.02.13.txt
<TEXT>
Item 1(a) Name of issuer:
SOTHEBY'S
Item 1(b) Address of issuer's principal executive offices:
1334 York Avenue New York, New York 10021
2(a) Name of person filing:
BESTINVER GESTION S.A., SGIIC
2(b) Address or principal business office or, if none, residence:
Madrid (SPAIN) Calle Juan de Mena, no. 8, 28014
2(c) Citizenship:
Spanish
2(d) Title of class of securities:
Common Stock
2(e) CUSIP No.:
US8358981079
Item 3. If this statement is filed pursuant to paragraph 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing is a:
(a) [ ] Broker or dealer registered under section 15 of
the Act (15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of
the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of
the Act (15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of
the Investment Company Act of 1940 (15 U.S.C 80a-8).
(e) [ ] An investment adviser in accordance with
paragraph 240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
paragraph 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
paragraph 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of
the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i) [ ] A church plan that is excluded from the definition of
an investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with paragraph 240.13d-1(b)(1)(ii)(J).
Item 4. Ownership
(a) Amount beneficially owned: 3.286.461
(b) Percent of class: 4,85%.
(c) Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote 3.286.461
(ii) Shared power to vote or to direct the vote 0.
(iii) Sole power to dispose or to direct the disposition of 3.286.461
(iv) Shared power to dispose or to direct the disposition of 0.
Item 5. Ownership of 5 Percent or Less of a Class.
Not applicable.
Item 6. Ownership of More than 5 Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company
or Control Person.
Not applicable.
Item 8. Identification and Classification of Members of the Group
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were not acquired and are
not held for the purpose of or with the effect of changing or
influencing the control of the issuer of the securities and were
not acquired and are not held in connection with or as a participant
in any transaction having that purpose or effect.
Signature. After reasonable inquiry and to the best of my knowledge
and belief, I certify that the information set forth in this statement
is true, complete and correct.
Dated: February 11th, 2013
Manuel Martinez Jerez and Alfonso Garcia Aragoneses.
Signature. MANUEL MARTINEZ JEREZ and ALFONSO GARCIA ARAGONESES.
Name/Title. Joint representatives. Powers of attorney were already
filed with the Securities Exchange Commission by fax in the application
for Edgar Access Codes.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>