Ferrari
RACE
292 hedge funds and large institutions have $9.32B invested in Ferrari in 2019 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 82 increasing their positions, 82 reducing their positions, and 52 closing their positions.
47% more capital invested
Capital invested by funds: $6.35B → $9.32B (+$2.98B)
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
1.91% more ownership
Funds ownership: 35.14% → 37.05% (+1.9%)
6% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 52
0% more funds holding
Funds holding: 292 → 292 (0)
0% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 82
3% less call options, than puts
Call options by funds: $322M | Put options by funds: $334M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$216M |
| 2 |
CGI
Comgest Global Investors
Paris,
France
|
+$123M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$79.5M |
| 4 |
BlackRock
New York
|
+$68M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$59.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Melvin Capital Management
New York
|
-$61.9M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$57.1M |
| 3 |
Morgan Stanley
New York
|
-$38.8M |
| 4 |
JP Morgan Chase
New York
|
-$37M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$27.1M |
RACE Hedge Fund Activity: Q1 2019 in Review
292 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q1 2019, worth a combined $9.32B — up 47% from $6.35B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new RACE positions and 52 closed out — a net gain of 3 holders — while 82 added to existing stakes and 82 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $216M. The largest seller was Melvin Capital Management, cutting an estimated $61.9M.
- 292 institutional investors held Ferrari (RACE) as of Q1 2019, unchanged from Q4 2018.
- Funds reported $9.32B of Ferrari stock for Q1 2019, up 47% quarter-over-quarter.
- 55 funds opened new Ferrari positions in Q1 2019 and 52 closed out, a net change of +3 holders.
- The largest Ferrari buyer in Q1 2019 was T. Rowe Price Associates, an estimated $216M added.
- The largest Ferrari seller in Q1 2019 was Melvin Capital Management, an estimated $61.9M sold.
Based on aggregated 13F filings for Q1 2019.