Published on Mar. 3, 2026
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TD Asset Management Inc. has reduced its stake in eBay Inc. (NASDAQ:EBAY) by 31.6% in the third quarter, according to a recent SEC filing. The investment firm now owns 308,948 shares of the e-commerce company’s stock, down from 451,833 shares held previously.
Why it matters
The reduction in eBay holdings by a major institutional investor like TD Asset Management could signal broader market sentiment around the company’s prospects. eBay has faced increased competition from other e-commerce platforms, and investors will be watching to see if the company can maintain its growth trajectory.
The details
According to the 13F filing, TD Asset Management sold 142,885 eBay shares during the third quarter. The firm now owns about 0.07% of eBay’s outstanding stock, valued at $28.1 million as of the end of the reporting period. Other large investors have also made changes to their eBay positions in recent quarters, with some increasing and others decreasing their stakes.
TD Asset Management reduced its eBay holdings in the 3rd quarter of 2026.
The players
TD Asset Management Inc.
A Canadian investment management firm that oversees over $400 billion in assets.
eBay Inc.
An American e-commerce company that operates an online marketplace for the sale of new and used goods.
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The takeaway
The reduction in eBay holdings by a major institutional investor like TD Asset Management suggests some market uncertainty around the e-commerce company’s long-term growth prospects as it faces increasing competition. Investors will be closely watching eBay’s performance in the coming quarters to see if it can maintain its leadership position.