eBay
EBAY
792 hedge funds and large institutions have $31.4B invested in eBay in 2016 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 226 increasing their positions, 363 reducing their positions, and 58 closing their positions.
44% more funds holding in top 10
Funds holding in top 10: 18 → 26 (+8)
42% more capital invested
Capital invested by funds: $22.2B → $31.4B (+$9.22B)
40% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 58
2% more funds holding
Funds holding: 774 → 792 (+18)
7% more call options, than puts
Call options by funds: $402M | Put options by funds: $375M
38% less repeat investments, than reductions
Existing positions increased: 226 | Existing positions reduced: 363
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$1B |
| 2 |
SCM
Steadfast Capital Management
New York
|
+$256M |
| 3 |
M&T Bank
Buffalo,
New York
|
+$212M |
| 4 |
SIM
SRS Investment Management
New York
|
+$200M |
| 5 |
Millennium Management
New York
|
+$198M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nordea Investment Management
Stockholm,
Sweden
|
-$212M |
| 2 |
BBHC
Brown Brothers Harriman & Co
New York
|
-$136M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
-$128M |
| 4 |
Norges Bank
Oslo,
Norway
|
-$122M |
| 5 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
-$111M |
EBAY Hedge Fund Activity: Q3 2016 in Review
792 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in eBay (EBAY) for Q3 2016, worth a combined $31.4B — up 42% from $22.2B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new EBAY positions and 58 closed out — a net gain of 23 holders — while 226 added to existing stakes and 363 trimmed.
The largest buyer was Lone Pine Capital, opening a new position worth an estimated $1B. The largest seller was Nordea Investment Management, cutting an estimated $212M.
- 792 institutional investors held eBay (EBAY) as of Q3 2016, up from 774 in Q2 2016.
- Funds reported $31.4B of eBay stock for Q3 2016, up 42% quarter-over-quarter.
- 81 funds opened new eBay positions in Q3 2016 and 58 closed out, a net change of +23 holders.
- The largest eBay buyer in Q3 2016 was Lone Pine Capital, an estimated $1B added.
- The largest eBay seller in Q3 2016 was Nordea Investment Management, an estimated $212M sold.
Based on aggregated 13F filings for Q3 2016.