eBay
EBAY
1,008 hedge funds and large institutions have $58.6B invested in eBay in 2013 Q4 according to their latest regulatory filings, with 205 funds opening new positions, 389 increasing their positions, 338 reducing their positions, and 93 closing their positions.
120% more first-time investments, than exits
New positions opened: 205 | Existing positions closed: 93
93% more call options, than puts
Call options by funds: $2.1B | Put options by funds: $1.09B
15% more repeat investments, than reductions
Existing positions increased: 389 | Existing positions reduced: 338
11% more funds holding
Funds holding: 909 → 1,008 (+99)
7% more funds holding in top 10
Funds holding in top 10: 68 → 73 (+5)
5% less capital invested
Capital invested by funds: $61.8B → $58.6B (-$3.24B)
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 |
O
OppenheimerFunds
New York
|
-$1.01B |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$722M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$609M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$331M |
EBAY Hedge Fund Activity: Q4 2013 in Review
1,008 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in eBay (EBAY) for Q4 2013, worth a combined $58.6B — down 5.2% from $61.8B a quarter earlier.
Buyers outnumbered sellers: 205 funds opened new EBAY positions and 93 closed out — a net gain of 112 holders — while 389 added to existing stakes and 338 trimmed.
The largest buyer was Discovery Capital Management, adding an estimated $412M. The largest seller was Fidelity Investments, cutting an estimated $1.01B.
- 1,008 institutional investors held eBay (EBAY) as of Q4 2013, up from 909 in Q3 2013.
- Funds reported $58.6B of eBay stock for Q4 2013, down 5.2% quarter-over-quarter.
- 205 funds opened new eBay positions in Q4 2013 and 93 closed out, a net change of +112 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.