Ferrari
RACE
335 hedge funds and large institutions have $9.99B invested in Ferrari in 2020 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 109 increasing their positions, 96 reducing their positions, and 57 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 96
12% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 57
1% more funds holding
Funds holding: 333 → 335 (+2)
0.76% less ownership
Funds ownership: 35.87% → 35.11% (-0.76%)
9% less capital invested
Capital invested by funds: $11B → $9.99B (-$1.04B)
12% less funds holding in top 10
Funds holding in top 10: 17 → 15 (-2)
61% less call options, than puts
Call options by funds: $127M | Put options by funds: $322M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TP
Third Point
New York
|
+$151M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
+$119M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$115M |
| 4 |
JP Morgan Chase
New York
|
+$80.5M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$50M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$154M |
| 2 |
Barclays
London,
United Kingdom
|
-$111M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$103M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
-$93.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$67.5M |
RACE Hedge Fund Activity: Q1 2020 in Review
335 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q1 2020, worth a combined $9.99B — down 9.4% from $11B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new RACE positions and 57 closed out — a net gain of 7 holders — while 109 added to existing stakes and 96 trimmed.
The largest buyer was Third Point, adding an estimated $151M. The largest seller was T. Rowe Price Associates, cutting an estimated $154M.
- 335 institutional investors held Ferrari (RACE) as of Q1 2020, up from 333 in Q4 2019.
- Funds reported $9.99B of Ferrari stock for Q1 2020, down 9.4% quarter-over-quarter.
- 64 funds opened new Ferrari positions in Q1 2020 and 57 closed out, a net change of +7 holders.
- The largest Ferrari buyer in Q1 2020 was Third Point, an estimated $151M added.
- The largest Ferrari seller in Q1 2020 was T. Rowe Price Associates, an estimated $154M sold.
Based on aggregated 13F filings for Q1 2020.