Palestra Capital Management’s Ferrari RACE Stock Holding History

Palestra Capital Management’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
2023 Q1	–	Sell	-506,828	Closed	-$109M	–	28
2022 Q4	$109M	Sell	506,828 -202,706	-29%	-$41.8M	5.96%	8
2022 Q3	$131M	Buy	709,534 +65,973	+10%	+$13.2M	6.18%	7
2022 Q2	$118M	Buy	643,561 +126,396	+24%	+$25.2M	5.58%	10
2022 Q1	$113M	Sell	517,165 -183,450	-26%	-$41M	3.51%	14
2021 Q4	$181M	Sell	700,615 -155,155	-18%	-$38.2M	5.25%	10
2021 Q3	$179M	Buy	+855,770	New	+$184M	3.8%	11

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

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

BOI

Bank of Italy Rome, Italy $2.2B AUM 1.53% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

WCM Investment Management Laguna Beach, California $55.2B AUM 57.07% 1-Year Est. Return

Amundi Paris, France $416B AUM 44.19% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Norges Bank Oslo, Norway $1T AUM

Palestra Capital Management's RACE Position: Q1 2023 in Review

Palestra Capital Management sold out of Ferrari (RACE) in Q1 2023, closing a stake of 506,828 shares — an estimated $109M sold.

Palestra Capital Management first reported a position in RACE in Q3 2021 and held it in 6 quarters. The position peaked at $181M in Q4 2021. 473 funds tracked by Wall St. Rank hold RACE as of Q1 2023.

Palestra Capital Management reported no remaining Ferrari position as of Q1 2023 after selling out during the quarter.
Palestra Capital Management sold 506,828 Ferrari shares in Q1 2023, an estimated $109M.
Palestra Capital Management first reported a position in Ferrari in Q3 2021 and held it in 6 quarters.
Palestra Capital Management's Ferrari position peaked at $181M in Q4 2021.
473 funds tracked by Wall St. Rank held Ferrari as of Q1 2023.

Based on Palestra Capital Management's 13F filing for Q1 2023, filed 15 May 2023.