Ferrari
RACE
701 hedge funds and large institutions have $28.5B invested in Ferrari in 2024 Q3 according to their latest regulatory filings, with 93 funds opening new positions, 277 increasing their positions, 205 reducing their positions, and 42 closing their positions.
121% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 42
35% more repeat investments, than reductions
Existing positions increased: 277 | Existing positions reduced: 205
25% more capital invested
Capital invested by funds: $22.9B → $28.5B (+$5.62B)
13% more funds holding in top 10
Funds holding in top 10: 15 → 17 (+2)
7% more funds holding
Funds holding: 655 → 701 (+46)
3.43% more ownership
Funds ownership: 31.03% → 34.46% (+3.4%)
35% less call options, than puts
Call options by funds: $363M | Put options by funds: $558M
Top Buyers
| 1 |
Jennison Associates
New York
|
+$1.18B |
| 2 |
Amundi
Paris,
France
|
+$551M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$528M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$150M |
| 5 |
Credit Agricole
Montrouge Cedex,
France
|
+$72.8M |
Top Sellers
| 1 |
BlackRock
New York
|
-$80.8M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$66.4M |
| 3 |
Citigroup
New York
|
-$53.9M |
| 4 |
UBS AM
Chicago,
Illinois
|
-$51.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$45.1M |
RACE Hedge Fund Activity: Q3 2024 in Review
701 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q3 2024, worth a combined $28.5B — up 25% from $22.9B a quarter earlier.
Buyers outnumbered sellers: 93 funds opened new RACE positions and 42 closed out — a net gain of 51 holders — while 277 added to existing stakes and 205 trimmed.
The largest buyer was Jennison Associates, adding an estimated $1.18B. The largest seller was BlackRock, cutting an estimated $80.8M.
- 701 institutional investors held Ferrari (RACE) as of Q3 2024, up from 655 in Q2 2024.
- Funds reported $28.5B of Ferrari stock for Q3 2024, up 25% quarter-over-quarter.
- 93 funds opened new Ferrari positions in Q3 2024 and 42 closed out, a net change of +51 holders.
- The largest Ferrari buyer in Q3 2024 was Jennison Associates, an estimated $1.18B added.
- The largest Ferrari seller in Q3 2024 was BlackRock, an estimated $80.8M sold.
Based on aggregated 13F filings for Q3 2024.