Ferrari
RACE
656 hedge funds and large institutions have $24.6B invested in Ferrari in 2024 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 237 increasing their positions, 193 reducing their positions, and 40 closing their positions.
213% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 40
23% more capital invested
Capital invested by funds: $20B → $24.6B (+$4.61B)
23% more repeat investments, than reductions
Existing positions increased: 237 | Existing positions reduced: 193
14% more funds holding
Funds holding: 574 → 656 (+82)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
6% less call options, than puts
Call options by funds: $541M | Put options by funds: $578M
1.44% less ownership
Funds ownership: 32.76% → 31.33% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$307M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$157M |
| 3 |
ClearBridge Investments
New York
|
+$145M |
| 4 |
BlackRock
New York
|
+$98.3M |
| 5 |
Capital World Investors
Los Angeles,
California
|
+$95.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$555M |
| 2 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
-$312M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$258M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$183M |
| 5 |
Barclays
London,
United Kingdom
|
-$115M |
RACE Hedge Fund Activity: Q1 2024 in Review
656 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q1 2024, worth a combined $24.6B — up 23% from $20B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new RACE positions and 40 closed out — a net gain of 85 holders — while 237 added to existing stakes and 193 trimmed.
The largest buyer was Capital International Investors, adding an estimated $307M. The largest seller was Morgan Stanley, cutting an estimated $555M.
- 656 institutional investors held Ferrari (RACE) as of Q1 2024, up from 574 in Q4 2023.
- Funds reported $24.6B of Ferrari stock for Q1 2024, up 23% quarter-over-quarter.
- 125 funds opened new Ferrari positions in Q1 2024 and 40 closed out, a net change of +85 holders.
- The largest Ferrari buyer in Q1 2024 was Capital International Investors, an estimated $307M added.
- The largest Ferrari seller in Q1 2024 was Morgan Stanley, an estimated $555M sold.
Based on aggregated 13F filings for Q1 2024.