eBay
EBAY
819 hedge funds and large institutions have $35B invested in eBay in 2017 Q3 according to their latest regulatory filings, with 65 funds opening new positions, 242 increasing their positions, 368 reducing their positions, and 53 closing their positions.
23% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 53
9% more capital invested
Capital invested by funds: $32.1B → $35B (+$2.89B)
8% more funds holding in top 10
Funds holding in top 10: 25 → 27 (+2)
1% more funds holding
Funds holding: 814 → 819 (+5)
0.07% more ownership
Funds ownership: 84.93% → 85.01% (+0.07%)
12% less call options, than puts
Call options by funds: $366M | Put options by funds: $415M
34% less repeat investments, than reductions
Existing positions increased: 242 | Existing positions reduced: 368
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
+$273M |
| 2 |
D.E. Shaw & Co
New York
|
+$128M |
| 3 |
IFP
Independent Franchise Partners
London,
United Kingdom
|
+$124M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$113M |
| 5 |
Alyeska Investment Group
Chicago,
Illinois
|
+$111M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Coatue Management
New York
|
-$188M |
| 2 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$120M |
| 3 |
Boston Partners
Boston,
Massachusetts
|
-$120M |
| 4 |
APG Asset Management
Amsterdam,
Netherlands
|
-$119M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$95.5M |
EBAY Hedge Fund Activity: Q3 2017 in Review
819 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in eBay (EBAY) for Q3 2017, worth a combined $35B — up 9% from $32.1B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new EBAY positions and 53 closed out — a net gain of 12 holders — while 242 added to existing stakes and 368 trimmed.
The largest buyer was M&T Bank, adding an estimated $273M. The largest seller was Coatue Management, exiting entirely with an estimated $188M sold.
- 819 institutional investors held eBay (EBAY) as of Q3 2017, up from 814 in Q2 2017.
- Funds reported $35B of eBay stock for Q3 2017, up 9% quarter-over-quarter.
- 65 funds opened new eBay positions in Q3 2017 and 53 closed out, a net change of +12 holders.
- The largest eBay buyer in Q3 2017 was M&T Bank, an estimated $273M added.
- The largest eBay seller in Q3 2017 was Coatue Management, an estimated $188M sold.
Based on aggregated 13F filings for Q3 2017.