Ferrari
RACE
288 hedge funds and large institutions have $6.46B invested in Ferrari in 2017 Q4 according to their latest regulatory filings, with 55 funds opening new positions, 97 increasing their positions, 75 reducing their positions, and 26 closing their positions.
112% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 26
29% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 75
10% more funds holding
Funds holding: 261 → 288 (+27)
0.4% less ownership
Funds ownership: 32.91% → 32.52% (-0.4%)
6% less capital invested
Capital invested by funds: $6.85B → $6.46B (-$389M)
11% less call options, than puts
Call options by funds: $59.8M | Put options by funds: $66.9M
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$164M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$77.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$41.8M |
| 4 |
Renaissance Technologies
New York
|
+$30.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$27.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$338M |
| 2 |
Credit Agricole
Montrouge Cedex,
France
|
-$72.1M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$50.2M |
| 4 |
Two Sigma Advisers
New York
|
-$36.1M |
| 5 |
AA
AQR Arbitrage
Greenwich,
Connecticut
|
-$33.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TH
301
Timber Hill
Greenwich,
Connecticut
| – | -$458K | -4,142 | Closed |
|
302
Geode Capital Management
Boston,
Massachusetts
| – | -$363K | -3,297 | Closed |
|
|
ZB
303
Zions Bancorporation
Salt Lake City,
Utah
| – | -$280K | -2,536 | Closed |
|
|
RCAG
304
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$263K | -2,377 | Closed |
|
|
NAMA
305
Nikko Asset Management Americas
New York
| – | -$232K | -2,100 | Closed |
|
|
FPS
306
Fieldpoint Private Securities
Greenwich,
Connecticut
| – | -$204K | -1,848 | Closed |
|
|
CI
307
Cigna Investments
Bloomfield,
Connecticut
| – | -$204K | -1,843 | Closed |
|
308
Parallax Volatility Advisers
San Francisco,
California
| – | -$193K | -1,748 | Closed |
|
|
ACM
309
Aviance Capital Management
Sarasota,
Florida
| – | -$150K | -1,362 | Closed |
|
|
AJ
310
Ashburton (Jersey)
St Helier,
Jersey
| – | -$99K | -900 | Closed |
|
311
Acadian Asset Management
Boston,
Massachusetts
| – | -$5K | -43 | Closed |
|
|
NFG
312
Next Financial Group
Houston,
Texas
| – | -$1K | -10 | Closed |
|
RACE Hedge Fund Activity: Q4 2017 in Review
288 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q4 2017, worth a combined $6.46B — down 5.7% from $6.85B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new RACE positions and 26 closed out — a net gain of 29 holders — while 97 added to existing stakes and 75 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $164M. The largest seller was T. Rowe Price Associates, cutting an estimated $338M.
- 288 institutional investors held Ferrari (RACE) as of Q4 2017, up from 261 in Q3 2017.
- Funds reported $6.46B of Ferrari stock for Q4 2017, down 5.7% quarter-over-quarter.
- 55 funds opened new Ferrari positions in Q4 2017 and 26 closed out, a net change of +29 holders.
- The largest Ferrari buyer in Q4 2017 was Arrowstreet Capital, an estimated $164M added.
- The largest Ferrari seller in Q4 2017 was T. Rowe Price Associates, an estimated $338M sold.
Based on aggregated 13F filings for Q4 2017.