eBay Inc (EBAY): Are Hedge Funds Right About This Stock?

Hedge fund activity in eBay Inc (NASDAQ:EBAY)

At Q4’s end, a total of 72 of the hedge funds tracked by Insider Monkey held long positions in this stock, down by 13% from the third quarter. With hedgies’ positions undergoing their usual ebb and flow, there exists a select group of noteworthy hedge fund managers who were upping their holdings significantly (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Daniel S. Och’s OZ Management has the biggest position in eBay Inc (NASDAQ:EBAY), worth close to $238.1 million, comprising 1.3% of its total 13F portfolio. Coming in second is Generation Investment Management, led by David Blood and Al Gore, holding a $214.1 million position; the fund has 2.7% of its 13F portfolio invested in the stock. Other professional money managers that are bullish encompass D. E. Shaw’s D E Shaw, David Cohen and Harold Levy’s Iridian Asset Management and Cliff Asness’s AQR Capital Management.