Ancient Art’s Ferrari RACE Stock Holding History

Ancient Art’s Portfolio RACE Stock Details RACE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-548,766	Closed	-$31.9M	–	12
2016 Q4	$31.9M	Sell	548,766 -51,819	-9%	-$2.83M	4.9%	8
2016 Q3	$31.2M	Buy	600,585 +64,200	+12%	+$2.99M	5.69%	8
2016 Q2	$22M	Buy	+536,385	New	+$22.8M	3.91%	11

Other funds holding RACE

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

AKO Capital London, United Kingdom $5.11B AUM 2.56% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

Norges Bank Oslo, Norway $935B AUM

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

BOI

Bank of Italy Rome, Italy $2.21B AUM 9.01% 1-Year Est. Return

Ancient Art's RACE Position: Q1 2017 in Review

Ancient Art sold out of Ferrari (RACE) in Q1 2017, closing a stake of 548,766 shares — an estimated $31.9M sold.

Ancient Art first reported a position in RACE in Q2 2016 and held it in 3 quarters. The position peaked at $31.9M in Q4 2016. 201 funds tracked by Wall St. Rank hold RACE as of Q1 2017.

Ancient Art reported no remaining Ferrari position as of Q1 2017 after selling out during the quarter.
Ancient Art sold 548,766 Ferrari shares in Q1 2017, an estimated $31.9M.
Ancient Art first reported a position in Ferrari in Q2 2016 and held it in 3 quarters.
Ancient Art's Ferrari position peaked at $31.9M in Q4 2016.
201 funds tracked by Wall St. Rank held Ferrari as of Q1 2017.

Based on Ancient Art's 13F filing for Q1 2017, filed 15 May 2017.