Ferrari
RACE
173 hedge funds and large institutions have $2.18B invested in Ferrari in 2016 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 51 increasing their positions, 58 reducing their positions, and 19 closing their positions.
79% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 19
8% more funds holding
Funds holding: 160 → 173 (+13)
0.04% more ownership
Funds ownership: 28.36% → 28.4% (+0.04%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less capital invested
Capital invested by funds: $2.23B → $2.18B (-$44.6M)
12% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 58
47% less call options, than puts
Call options by funds: $12.8M | Put options by funds: $24.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP
Jana Partners
New York
|
+$70.1M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$32.8M |
| 3 |
PIP
Permian Investment Partners
Dallas,
Texas
|
+$24.1M |
| 4 |
AA
Ancient Art
Austin,
Texas
|
+$22.8M |
| 5 |
O
OppenheimerFunds
New York
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPU
Lansdowne Partners (UK)
London,
United Kingdom
|
-$83.7M |
| 2 |
SFM
Soros Fund Management
New York
|
-$35.4M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.4M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$18.8M |
| 5 |
Goldman Sachs
New York
|
-$11.3M |
RACE Hedge Fund Activity: Q2 2016 in Review
173 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q2 2016, worth a combined $2.18B — down 2% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new RACE positions and 19 closed out — a net gain of 15 holders — while 51 added to existing stakes and 58 trimmed.
The largest buyer was Jana Partners, opening a new position worth an estimated $70.1M. The largest seller was Lansdowne Partners (UK), exiting entirely with an estimated $83.7M sold.
- 173 institutional investors held Ferrari (RACE) as of Q2 2016, up from 160 in Q1 2016.
- Funds reported $2.18B of Ferrari stock for Q2 2016, down 2% quarter-over-quarter.
- 34 funds opened new Ferrari positions in Q2 2016 and 19 closed out, a net change of +15 holders.
- The largest Ferrari buyer in Q2 2016 was Jana Partners, an estimated $70.1M added.
- The largest Ferrari seller in Q2 2016 was Lansdowne Partners (UK), an estimated $83.7M sold.
Based on aggregated 13F filings for Q2 2016.