Ferrari
RACE
350 hedge funds and large institutions have $11.4B invested in Ferrari in 2020 Q3 according to their latest regulatory filings, with 48 funds opening new positions, 117 increasing their positions, 104 reducing their positions, and 39 closing their positions.
23% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 39
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
13% more repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 104
9% more capital invested
Capital invested by funds: $10.5B → $11.4B (+$908M)
2% more funds holding
Funds holding: 342 → 350 (+8)
0.27% more ownership
Funds ownership: 33.46% → 33.73% (+0.27%)
59% less call options, than puts
Call options by funds: $136M | Put options by funds: $329M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$117M |
| 2 |
BOI
Bank of Italy
Rome,
Italy
|
+$98.5M |
| 3 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$39.6M |
| 4 |
DCP
Darsana Capital Partners
New York
|
+$37.2M |
| 5 |
PFM
Premier Fund Managers
Guildford,
United Kingdom
|
+$35.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$71.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$67.7M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$52.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$49.3M |
| 5 |
DCP
D1 Capital Partners
New York
|
-$46.7M |
RACE Hedge Fund Activity: Q3 2020 in Review
350 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q3 2020, worth a combined $11.4B — up 8.6% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new RACE positions and 39 closed out — a net gain of 9 holders — while 117 added to existing stakes and 104 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $117M. The largest seller was Baillie Gifford & Co, cutting an estimated $71.4M.
- 350 institutional investors held Ferrari (RACE) as of Q3 2020, up from 342 in Q2 2020.
- Funds reported $11.4B of Ferrari stock for Q3 2020, up 8.6% quarter-over-quarter.
- 48 funds opened new Ferrari positions in Q3 2020 and 39 closed out, a net change of +9 holders.
- The largest Ferrari buyer in Q3 2020 was Wellington Management Group, an estimated $117M added.
- The largest Ferrari seller in Q3 2020 was Baillie Gifford & Co, an estimated $71.4M sold.
Based on aggregated 13F filings for Q3 2020.