As part of the weekly research here at The Acquirer’s Multiple we’re always interested in superinvestors who hold the same stocks that appear in our Acquirer’s Multiple Stock Screeners, based on their latest 13F’s. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks.
While doing this research we’ve also uncovered a number of stocks that superinvestors have sold, or reduced in their portfolios, according to their latest 13f’s. So we’re now providing a new weekly feature article called ‘One Stock Superinvestors Are Selling‘. This week we’ll take a look at:
eBay Inc (NASDAQ: EBAY)
eBay operates one of the largest e-commerce marketplaces in the world, with $85 billion in 2020 gross merchandise volume, or GMV, rendering the firm the fifth-largest global e-commerce company. eBay generates revenue from listing fees, advertising, revenue-sharing arrangements with service providers, and managed payments, with its platform connecting more than 159 million buyers and 19 million sellers across almost 190 global markets. eBay generates roughly 55% of its GMV in international markets (versus 45% in the U.S.), with a large presence in the U.K., Germany, and Australia.
A quick look at the price chart below for eBay shows us that the stock is up 27% in the past twelve months.
(Source: Morningstar)
Superinvestors who reduced, or sold out of eBay include:
(Remaining shares)
Seth Klarman – 14,890,623
Andrew Wellington – 5,175,429
Jim O’Shaughnessy – 898,516
Jim Simons – 827,437
Cliff Asness – 713,230
Jeremy Hosking – 248,018
Rob Olstein – 214,000
Ken Griffin – 158,665
Joel Greenblatt – 70,676
Mario Gabelli – 34,982
Lee Ainslie – 2,928
Israel Englander – SOLD OUT
Paul Tudor Jones – SOLD OUT
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