Echinus Advisors’s Ferrari RACE Stock Holding History

Echinus Advisors’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
2019 Q4	–	Sell	-329,065	Closed	-$50.7M	–	10
2019 Q3	$50.7M	Sell	329,065 -129,524	-28%	-$20.7M	4.39%	8
2019 Q2	$74M	Buy	458,589 +18,000	+4%	+$2.59M	7.44%	6
2019 Q1	$59M	Buy	440,589 +51,300	+13%	+$6.28M	7.57%	5
2018 Q4	$38.7M	Buy	389,289 +59,289	+18%	+$6.66M	6.86%	5
2018 Q3	$45.2M	Buy	+330,000	New	+$43.4M	7.75%	5

Other funds holding RACE

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

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

DCP

D1 Capital Partners New York $34.8B AUM 11.34% 1-Year Est. Return

AKO Capital London, United Kingdom $4.29B AUM 4.26% 1-Year Est. Return

Winslow Capital Management Minneapolis, Minnesota $29.1B AUM 43.86% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

AAMU

Amundi Asset Management US Boston, Massachusetts $131B AUM 73.57% 1-Year Est. Return

DCP

Darsana Capital Partners New York $22.3B AUM 42.01% 1-Year Est. Return

MCM

Melvin Capital Management New York $9.86B AUM 16.31% 1-Year Est. Return

Echinus Advisors's RACE Position: Q4 2019 in Review

Echinus Advisors sold out of Ferrari (RACE) in Q4 2019, closing a stake of 329,065 shares — an estimated $50.7M sold.

Echinus Advisors first reported a position in RACE in Q3 2018 and held it in 5 quarters. The position peaked at $74M in Q2 2019. 333 funds tracked by Wall St. Rank hold RACE as of Q4 2019.

Echinus Advisors reported no remaining Ferrari position as of Q4 2019 after selling out during the quarter.
Echinus Advisors sold 329,065 Ferrari shares in Q4 2019, an estimated $50.7M.
Echinus Advisors first reported a position in Ferrari in Q3 2018 and held it in 5 quarters.
Echinus Advisors's Ferrari position peaked at $74M in Q2 2019.
333 funds tracked by Wall St. Rank held Ferrari as of Q4 2019.

Based on Echinus Advisors's 13F filing for Q4 2019, filed 14 Feb 2020.