Ferrari
RACE
515 hedge funds and large institutions have $18.5B invested in Ferrari in 2023 Q2 according to their latest regulatory filings, with 84 funds opening new positions, 161 increasing their positions, 173 reducing their positions, and 40 closing their positions.
110% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 40
17% more capital invested
Capital invested by funds: $15.8B → $18.5B (+$2.72B)
11% more call options, than puts
Call options by funds: $368M | Put options by funds: $331M
9% more funds holding
Funds holding: 473 → 515 (+42)
0% more funds holding in top 10
Funds holding in top 10: 19 → 19 (0)
0.86% less ownership
Funds ownership: 32.19% → 31.33% (-0.86%)
7% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 173
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$153M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$97.8M |
| 3 |
Amundi
Paris,
France
|
+$91.9M |
| 4 |
State of Tennessee, Department of Treasury
Nashville,
Tennessee
|
+$86.6M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
+$82.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$833M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$99M |
| 3 |
DCP
Darsana Capital Partners
New York
|
-$67.7M |
| 4 |
BlackRock
New York
|
-$58.2M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$42.3M |
RACE Hedge Fund Activity: Q2 2023 in Review
515 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q2 2023, worth a combined $18.5B — up 17% from $15.8B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new RACE positions and 40 closed out — a net gain of 44 holders — while 161 added to existing stakes and 173 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $153M. The largest seller was T. Rowe Price Associates, cutting an estimated $833M.
- 515 institutional investors held Ferrari (RACE) as of Q2 2023, up from 473 in Q1 2023.
- Funds reported $18.5B of Ferrari stock for Q2 2023, up 17% quarter-over-quarter.
- 84 funds opened new Ferrari positions in Q2 2023 and 40 closed out, a net change of +44 holders.
- The largest Ferrari buyer in Q2 2023 was Capital World Investors, an estimated $153M added.
- The largest Ferrari seller in Q2 2023 was T. Rowe Price Associates, an estimated $833M sold.
Based on aggregated 13F filings for Q2 2023.