Independent Franchise Partners' US Equity Fund reduced its eBay Inc (EBAY) position by 59% in 2026 Q2, according to the NPORT-P filed with the SEC on August 28, 2026. The stake went from 601K to 246K shares, worth about $27.5M, and from 3.7% to 2.07% of the reported portfolio.
What did the 2026 Q2 filing report for EBAY?
As of June 30, 2026, from the NPORT-P filed August 28, 2026.
| Before | After | |
|---|---|---|
| Shares | 601K | 246K |
| Shares sold | -355K (59%) | |
| Reported value | $54.7M | $27.5M |
| Portfolio weight | 3.7% | 2.07% |
| Rank in portfolio | 25th of 31 |
How much did Independent Franchise Partners cut EBAY?
Independent Franchise Partners sold 355K shares of EBAY during 2026 Q2, cutting the stake from 601K to 246K. The reported value of the position fell by about $27.2M, from about $54.7M to about $27.5M.
Where does EBAY sit in the Independent Franchise Partners portfolio?
EBAY ranks 25th of 31 stock positions in the Independent Franchise Partners portfolio at 2.07%, below the fund's average stock position of 3%. The EBAY cut was the largest of the quarter's 31 position changes by percent change to portfolio. The largest stock position is BMY at 6.01%. Next come WBD at 5.4% and SOLV at 5.05%. The three largest stocks together are 16.46% of the book. Across the 2026 Q2 portfolio, Independent Franchise Partners reported 31 stock positions, with no position opened or closed. The total portfolio value is about $1.3B, down 10% from the prior quarter.
How long has Independent Franchise Partners held EBAY?
Independent Franchise Partners first reported EBAY in the quarter ended September 30, 2019. The weight peaked at 3.97% in 2020 Q2. Last quarter the fund had added to it by 2%. Every reported trade is on the Independent Franchise Partners EBAY trade history page.
Did other funds buy or sell EBAY in 2026 Q2?
Among the other tracked funds that had filed for 2026 Q2 as of August 28, 2026, 2 hold EBAY. Of those, 2 trimmed the position this quarter and none added. The largest sellers were Lindsell Train, Donald Yacktman and Robert Olstein. Every tracked holder of EBAY is on the EBAY ownership page.
FAQ
How many EBAY shares did Independent Franchise Partners sell in 2026 Q2?
Independent Franchise Partners sold 355K shares of EBAY, 59% of the position, leaving 246K shares.
What remains of the EBAY position of Independent Franchise Partners?
Independent Franchise Partners still holds 246K shares of EBAY, worth about $27.5M at June 30, 2026 prices.
How much of the Independent Franchise Partners portfolio is EBAY now?
EBAY is 2.07% of the Independent Franchise Partners portfolio, down from 3.7% a quarter earlier.
Did other funds trim EBAY in 2026 Q2?
Among the 2 other tracked funds that hold EBAY, 2 trimmed it in 2026 Q2 and none added to it.