Ferrari
RACE
333 hedge funds and large institutions have $11B invested in Ferrari in 2019 Q4 according to their latest regulatory filings, with 75 funds opening new positions, 106 increasing their positions, 81 reducing their positions, and 36 closing their positions.
108% more first-time investments, than exits
New positions opened: 75 | Existing positions closed: 36
31% more repeat investments, than reductions
Existing positions increased: 106 | Existing positions reduced: 81
11% more funds holding
Funds holding: 301 → 333 (+32)
4% more capital invested
Capital invested by funds: $10.6B → $11B (+$420M)
5% less call options, than puts
Call options by funds: $346M | Put options by funds: $364M
1.28% less ownership
Funds ownership: 37.15% → 35.87% (-1.3%)
19% less funds holding in top 10
Funds holding in top 10: 21 → 17 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$59.5M |
| 2 |
Barclays
London,
United Kingdom
|
+$53.7M |
| 3 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$52.1M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$47.8M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$45.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$284M |
| 2 |
CGI
Comgest Global Investors
Paris,
France
|
-$116M |
| 3 |
MCM
Melvin Capital Management
New York
|
-$70.1M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$63.5M |
| 5 |
Norges Bank
Oslo,
Norway
|
-$52.5M |
RACE Hedge Fund Activity: Q4 2019 in Review
333 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q4 2019, worth a combined $11B — up 4% from $10.6B a quarter earlier.
Buyers outnumbered sellers: 75 funds opened new RACE positions and 36 closed out — a net gain of 39 holders — while 106 added to existing stakes and 81 trimmed.
The largest buyer was Credit Suisse, adding an estimated $59.5M. The largest seller was Canada Pension Plan Investment Board, cutting an estimated $284M.
- 333 institutional investors held Ferrari (RACE) as of Q4 2019, up from 301 in Q3 2019.
- Funds reported $11B of Ferrari stock for Q4 2019, up 4% quarter-over-quarter.
- 75 funds opened new Ferrari positions in Q4 2019 and 36 closed out, a net change of +39 holders.
- The largest Ferrari buyer in Q4 2019 was Credit Suisse, an estimated $59.5M added.
- The largest Ferrari seller in Q4 2019 was Canada Pension Plan Investment Board, an estimated $284M sold.
Based on aggregated 13F filings for Q4 2019.