eBay
EBAY
1,007 hedge funds and large institutions have $58.5B invested in eBay in 2013 Q4 according to their latest regulatory filings, with 204 funds opening new positions, 388 increasing their positions, 339 reducing their positions, and 93 closing their positions.
119% more first-time investments, than exits
New positions opened: 204 | Existing positions closed: 93
93% more call options, than puts
Call options by funds: $2.1B | Put options by funds: $1.09B
14% more repeat investments, than reductions
Existing positions increased: 388 | Existing positions reduced: 339
11% more funds holding
Funds holding: 909 → 1,007 (+98)
7% more funds holding in top 10
Funds holding in top 10: 68 → 73 (+5)
4% less capital invested
Capital invested by funds: $61B → $58.5B (-$2.54B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Discovery Capital Management
South Norwalk,
Connecticut
|
+$412M |
| 2 |
MAM
Magellan Asset Management
Sydney,
Australia
|
+$410M |
| 3 |
YAM
Yacktman Asset Management
Austin,
Texas
|
+$359M |
| 4 |
Dodge & Cox
San Francisco,
California
|
+$331M |
| 5 |
MC
Maverick Capital
Dallas,
Texas
|
+$301M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$1.01B |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$722M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$609M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$331M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$311M |
EBAY Hedge Fund Activity: Q4 2013 in Review
1,007 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in eBay (EBAY) for Q4 2013, worth a combined $58.5B — down 4.2% from $61B a quarter earlier.
Buyers outnumbered sellers: 204 funds opened new EBAY positions and 93 closed out — a net gain of 111 holders — while 388 added to existing stakes and 339 trimmed.
The largest buyer was Discovery Capital Management, adding an estimated $412M. The largest seller was Fidelity Investments, cutting an estimated $1.01B.
- 1,007 institutional investors held eBay (EBAY) as of Q4 2013, up from 909 in Q3 2013.
- Funds reported $58.5B of eBay stock for Q4 2013, down 4.2% quarter-over-quarter.
- 204 funds opened new eBay positions in Q4 2013 and 93 closed out, a net change of +111 holders.
- The largest eBay buyer in Q4 2013 was Discovery Capital Management, an estimated $412M added.
- The largest eBay seller in Q4 2013 was Fidelity Investments, an estimated $1.01B sold.
Based on aggregated 13F filings for Q4 2013.