Ferrari
RACE
201 hedge funds and large institutions have $4.74B invested in Ferrari in 2017 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 55 increasing their positions, 61 reducing their positions, and 21 closing their positions.
95% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 21
26% more capital invested
Capital invested by funds: $3.75B → $4.74B (+$985M)
15% more call options, than puts
Call options by funds: $24.9M | Put options by funds: $21.7M
9% more funds holding
Funds holding: 185 → 201 (+16)
0% more funds holding in top 10
Funds holding in top 10: 9 → 9 (0)
0.39% less ownership
Funds ownership: 34.1% → 33.7% (-0.39%)
10% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 61
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
AKO Capital
London,
United Kingdom
|
+$83.8M |
| 2 |
JP Morgan Chase
New York
|
+$60.3M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.9M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$44.4M |
| 5 |
LLC
Latimer Light Capital
New York
|
+$21.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$124M |
| 2 |
SC
Samlyn Capital
New York
|
-$81.7M |
| 3 |
Goldman Sachs
New York
|
-$41.9M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$40.2M |
| 5 |
AA
Ancient Art
Austin,
Texas
|
-$31.9M |
RACE Hedge Fund Activity: Q1 2017 in Review
201 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q1 2017, worth a combined $4.74B — up 26% from $3.75B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new RACE positions and 21 closed out — a net gain of 20 holders — while 55 added to existing stakes and 61 trimmed.
The largest buyer was AKO Capital, adding an estimated $83.8M. The largest seller was T. Rowe Price Associates, cutting an estimated $124M.
- 201 institutional investors held Ferrari (RACE) as of Q1 2017, up from 185 in Q4 2016.
- Funds reported $4.74B of Ferrari stock for Q1 2017, up 26% quarter-over-quarter.
- 41 funds opened new Ferrari positions in Q1 2017 and 21 closed out, a net change of +20 holders.
- The largest Ferrari buyer in Q1 2017 was AKO Capital, an estimated $83.8M added.
- The largest Ferrari seller in Q1 2017 was T. Rowe Price Associates, an estimated $124M sold.
Based on aggregated 13F filings for Q1 2017.