Ferrari
RACE
261 hedge funds and large institutions have $6.85B invested in Ferrari in 2017 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 80 increasing their positions, 70 reducing their positions, and 20 closing their positions.
220% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 20
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
37% more capital invested
Capital invested by funds: $5.01B → $6.85B (+$1.85B)
19% more funds holding
Funds holding: 219 → 261 (+42)
14% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 70
1.98% more ownership
Funds ownership: 30.93% → 32.91% (+2%)
6% more call options, than puts
Call options by funds: $73.3M | Put options by funds: $69.2M
Top Buyers
Top Sellers
| 1 |
AC
AKO Capital
London,
United Kingdom
|
-$70M |
| 2 |
PIP
Permian Investment Partners
Dallas,
Texas
|
-$46.7M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$40.3M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
-$37.8M |
| 5 |
JP Morgan Chase
New York
|
-$36.1M |
RACE Hedge Fund Activity: Q3 2017 in Review
261 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q3 2017, worth a combined $6.85B — up 37% from $5.01B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new RACE positions and 20 closed out — a net gain of 44 holders — while 80 added to existing stakes and 70 trimmed.
The largest buyer was Winslow Capital Management, opening a new position worth an estimated $179M. The largest seller was AKO Capital, cutting an estimated $70M.
- 261 institutional investors held Ferrari (RACE) as of Q3 2017, up from 219 in Q2 2017.
- Funds reported $6.85B of Ferrari stock for Q3 2017, up 37% quarter-over-quarter.
- 64 funds opened new Ferrari positions in Q3 2017 and 20 closed out, a net change of +44 holders.
- The largest Ferrari buyer in Q3 2017 was Winslow Capital Management, an estimated $179M added.
- The largest Ferrari seller in Q3 2017 was AKO Capital, an estimated $70M sold.
Based on aggregated 13F filings for Q3 2017.