Ferrari
RACE
219 hedge funds and large institutions have $5.01B invested in Ferrari in 2017 Q2 according to their latest regulatory filings, with 43 funds opening new positions, 67 increasing their positions, 63 reducing their positions, and 24 closing their positions.
173% more call options, than puts
Call options by funds: $54.6M | Put options by funds: $20M
79% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 24
9% more funds holding
Funds holding: 201 → 219 (+18)
6% more capital invested
Capital invested by funds: $4.74B → $5.01B (+$271M)
6% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 63
2.77% less ownership
Funds ownership: 33.7% → 30.93% (-2.8%)
33% less funds holding in top 10
Funds holding in top 10: 9 → 6 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$89.1M |
| 2 |
Morgan Stanley
New York
|
+$63.2M |
| 3 |
Bank of New York Mellon
New York
|
+$36.8M |
| 4 |
CGM
Capital Growth Management
Boston,
Massachusetts
|
+$36M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$25.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$197M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$162M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$58.6M |
| 4 |
AC
AKO Capital
London,
United Kingdom
|
-$48.9M |
| 5 |
JP Morgan Chase
New York
|
-$47.7M |
RACE Hedge Fund Activity: Q2 2017 in Review
219 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q2 2017, worth a combined $5.01B — up 5.7% from $4.74B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new RACE positions and 24 closed out — a net gain of 19 holders — while 67 added to existing stakes and 63 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $89.1M. The largest seller was T. Rowe Price Associates, cutting an estimated $197M.
- 219 institutional investors held Ferrari (RACE) as of Q2 2017, up from 201 in Q1 2017.
- Funds reported $5.01B of Ferrari stock for Q2 2017, up 5.7% quarter-over-quarter.
- 43 funds opened new Ferrari positions in Q2 2017 and 24 closed out, a net change of +19 holders.
- The largest Ferrari buyer in Q2 2017 was Waddell & Reed Financial, an estimated $89.1M added.
- The largest Ferrari seller in Q2 2017 was T. Rowe Price Associates, an estimated $197M sold.
Based on aggregated 13F filings for Q2 2017.