Are eBay’s Biggest Institutional Stockholders Buying More on Heels of Paypal Expansion?

For the year, eBay Inc.’s (NASDAQ:EBAY) shares are up 32.34 percent. On Thursday, its online payment giant PayPal (NASDAQ:EBAY) announced expansion plans to additional physical stores. It has signed agreements with VeriFone Systems and Equinox Payments to get its payment technology on their checkout terminal networks in the world’s biggest retailers, reported Reuters.

Earlier in the year, PayPal signed a comparable deal with the leading payment terminal provider, Ingenico; these agreements give the company a reach to 40 million worldwide payment terminals and an opportunity for additional growth.

A Closer Look: eBay Earnings Cheat Sheet>>

With Thursday’s announcement to expand PayPal in stores, are eBay’s (NASDAQ:EBAY) largest shareholders adding to their positions after the news? 808 institutional firms indicated owning shares of eBay Inc. (NASDAQ:EBAY) in Q1 2012. These firms reported owning a total of 1.065 billion shares on 03/31/2012 . The shares closed at $36.90 on 03/31/2012.

Here are the ten largest positions in eBay Inc. at the end of March 31st, 2012.

Wellington Management Co LLP held 64,893,372 shares on 03/31/2012 worth $2,394,565,526. This brought the portfolio total to 0.84%.

Janus Capital Management LLC held 63,438,232 shares on 03/31/2012 worth $2,340,870,858. This brought the portfolio total to 2.42%.

Oppenheimer Funds Inc held 57,417,312 shares on 03/31/2012 worth $2,118,698,900. This brought the portfolio total to 1.78%.

Invesco Ltd. held 48,878,780 shares on 03/31/2012 worth $1,803,627,057. This brought the portfolio total to 0.91%.

Vanguard Group Inc held 48,093,473 shares on 03/31/2012 worth $1,774,649,227. This brought the portfolio total to 0.24%.

Fmr LLC held 46,524,462 shares on 03/31/2012 worth $1,716,752,719. This brought the portfolio total to 0.31%.

State Street Corp held 42,681,571 shares on 03/31/2012 worth $1,574,950,035. This brought the portfolio total to 0.24%.

Dodge & Cox held 40,992,289 shares on 03/31/2012 worth $1,512,615,527. This brought the portfolio total to 1.94%.

Price T Rowe Associates Inc /MD/ held 33,780,693 shares on 03/31/2012 worth $1,246,507,623. This brought the portfolio total to 0.38%.

Baillie Gifford & Co held 32,224,753 shares on 03/31/2012 worth $1,189,093,435. This brought the portfolio total to 4.23%.

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