eBay
EBAY
837 hedge funds and large institutions have $21.9B invested in eBay in 2018 Q4 according to their latest regulatory filings, with 97 funds opening new positions, 232 increasing their positions, 372 reducing their positions, and 152 closing their positions.
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
0.35% less ownership
Funds ownership: 82.73% → 82.38% (-0.35%)
6% less call options, than puts
Call options by funds: $616M | Put options by funds: $654M
7% less funds holding
Funds holding: 898 → 837 (-61)
36% less first-time investments, than exits
New positions opened: 97 | Existing positions closed: 152
38% less repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 372
68% less capital invested
Capital invested by funds: $68.5B → $21.9B (-$46.6B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$618M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$375M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$211M |
| 4 |
Harris Associates
Chicago,
Illinois
|
+$195M |
| 5 |
Millennium Management
New York
|
+$158M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$384M |
| 2 |
JSP
Jackson Square Partners
Larkspur,
California
|
-$219M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$202M |
| 4 |
Lazard Asset Management
New York
|
-$185M |
| 5 |
JIM
Jupiter Investment Management
London,
United Kingdom
|
-$181M |
EBAY Hedge Fund Activity: Q4 2018 in Review
837 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in eBay (EBAY) for Q4 2018, worth a combined $21.9B — down 68% from $68.5B a quarter earlier.
Sellers outnumbered buyers: 152 funds closed out of EBAY and 97 opened new positions — a net loss of 55 holders — while 372 trimmed existing stakes and 232 added.
The largest buyer was Baupost Group, opening a new position worth an estimated $618M. The largest seller was Wellington Management Group, cutting an estimated $384M.
- 837 institutional investors held eBay (EBAY) as of Q4 2018, down from 898 in Q3 2018.
- Funds reported $21.9B of eBay stock for Q4 2018, down 68% quarter-over-quarter.
- 97 funds opened new eBay positions in Q4 2018 and 152 closed out, a net change of -55 holders.
- The largest eBay buyer in Q4 2018 was Baupost Group, an estimated $618M added.
- The largest eBay seller in Q4 2018 was Wellington Management Group, an estimated $384M sold.
Based on aggregated 13F filings for Q4 2018.