Historical position

Terry Smith’s eBay (EBAY) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Fundsmith LLPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ2 2014Earliest verified positive filing snapshot
Latest statusHistorical positionBased on the latest supported relationship state
Peak shares4.27MHighest verified quarter-end share count
Quarters reported6Verified quarters with shares above zero
What happened?

Fundsmith LLP first reported eBay in Q2 2014. The reported position was increased and reduced across later filings. Verified positive position history runs through Q3 2015. The current relationship status cannot be determined reliably from supported data.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q4 2015
Sold the entire position−2.30M shares · No shares reported at quarter-end
Q3 2015
Sold 46.2% of the position−1.97M shares · 2.30M shares remained
Filing context

Quarter-end price $24.44 · Estimated holding basis $55.13

Q2 2015
Bought 7.4% more+294.04K shares · 4.27M shares reported after the change
Filing context

Quarter-end price $60.24 · Estimated holding basis $55.13

Q1 2015
Bought 29.3% more+901.18K shares · 3.98M shares reported after the change
Filing context

Quarter-end price $57.68 · Estimated holding basis $54.76

Q4 2014
Bought 58.6% more+1.14M shares · 3.07M shares reported after the change
Filing context

Quarter-end price $56.12 · Estimated holding basis $53.90

Q3 2014
Bought 62.8% more+748.07K shares · 1.94M shares reported after the change
Filing context

Quarter-end price $56.63 · Estimated holding basis $52.60

Portfolio importance

How important was eBay in Fundsmith LLP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight1.7%Q3 2015
Last reported rank#17of 20 reported positions
Peak portfolio weight8.1%Q2 2015
Best historical rank#3Q2 2015
At peak importanceQ2 2015
EBAY
8.1%
Largest holding
10.0%
Cross-investor discovery

Who else owns eBay?

Also reported by 2 other tracked investors in their latest verified filings.

Joel GreenblattGotham Asset Management
EBAY0.1% of reported portfolio
Ray DalioBridgewater Associates, LP
EBAY0.0% of reported portfolio
Explore eBay across all tracked investors →
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$108.992026-09-14

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

View eBay stock page →

This tracker follows Fundsmith LLP’s reported positions. Form 13F reports quarter-end positions and is filed later; it does not disclose exact trade dates or execution prices.