Ferrari
RACE
277 hedge funds and large institutions have $9.15B invested in Ferrari in 2018 Q3 according to their latest regulatory filings, with 40 funds opening new positions, 78 increasing their positions, 111 reducing their positions, and 67 closing their positions.
3% more capital invested
Capital invested by funds: $8.91B → $9.15B (+$241M)
0.41% more ownership
Funds ownership: 34.95% → 35.36% (+0.41%)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
9% less funds holding
Funds holding: 306 → 277 (-29)
17% less call options, than puts
Call options by funds: $216M | Put options by funds: $260M
30% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 111
40% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$200M |
| 2 |
DCP
Darsana Capital Partners
New York
|
+$156M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$138M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$117M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$80.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCM Investment Management
Laguna Beach,
California
|
-$161M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$126M |
| 3 |
Goldman Sachs
New York
|
-$125M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$105M |
| 5 |
Morgan Stanley
New York
|
-$82.4M |
RACE Hedge Fund Activity: Q3 2018 in Review
277 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q3 2018, worth a combined $9.15B — up 2.7% from $8.91B a quarter earlier.
Sellers outnumbered buyers: 67 funds closed out of RACE and 40 opened new positions — a net loss of 27 holders — while 111 trimmed existing stakes and 78 added.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $200M. The largest seller was WCM Investment Management, exiting entirely with an estimated $161M sold.
- 277 institutional investors held Ferrari (RACE) as of Q3 2018, down from 306 in Q2 2018.
- Funds reported $9.15B of Ferrari stock for Q3 2018, up 2.7% quarter-over-quarter.
- 40 funds opened new Ferrari positions in Q3 2018 and 67 closed out, a net change of -27 holders.
- The largest Ferrari buyer in Q3 2018 was Viking Global Investors, an estimated $200M added.
- The largest Ferrari seller in Q3 2018 was WCM Investment Management, an estimated $161M sold.
Based on aggregated 13F filings for Q3 2018.