Ferrari
RACE
185 hedge funds and large institutions have $3.75B invested in Ferrari in 2016 Q4 according to their latest regulatory filings, with 38 funds opening new positions, 47 increasing their positions, 52 reducing their positions, and 21 closing their positions.
81% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 21
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
25% more capital invested
Capital invested by funds: $2.99B → $3.75B (+$758M)
22% more call options, than puts
Call options by funds: $20.6M | Put options by funds: $16.9M
6% more funds holding
Funds holding: 175 → 185 (+10)
3.18% more ownership
Funds ownership: 30.91% → 34.09% (+3.2%)
10% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 52
Top Buyers
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$81.9M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$63.1M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$59.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$40.6M |
| 5 |
JP Morgan Chase
New York
|
+$32.2M |
Top Sellers
RACE Hedge Fund Activity: Q4 2016 in Review
185 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q4 2016, worth a combined $3.75B — up 25% from $2.99B a quarter earlier.
Buyers outnumbered sellers: 38 funds opened new RACE positions and 21 closed out — a net gain of 17 holders — while 47 added to existing stakes and 52 trimmed.
The largest buyer was Baillie Gifford & Co, adding an estimated $81.9M. The largest seller was Norges Bank, cutting an estimated $167M.
- 185 institutional investors held Ferrari (RACE) as of Q4 2016, up from 175 in Q3 2016.
- Funds reported $3.75B of Ferrari stock for Q4 2016, up 25% quarter-over-quarter.
- 38 funds opened new Ferrari positions in Q4 2016 and 21 closed out, a net change of +17 holders.
- The largest Ferrari buyer in Q4 2016 was Baillie Gifford & Co, an estimated $81.9M added.
- The largest Ferrari seller in Q4 2016 was Norges Bank, an estimated $167M sold.
Based on aggregated 13F filings for Q4 2016.