Ferrari
RACE
305 hedge funds and large institutions have $8.92B invested in Ferrari in 2018 Q2 according to their latest regulatory filings, with 50 funds opening new positions, 96 increasing their positions, 94 reducing their positions, and 28 closing their positions.
79% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 28
40% more funds holding in top 10
Funds holding in top 10: 10 → 14 (+4)
18% more capital invested
Capital invested by funds: $7.58B → $8.92B (+$1.34B)
7% more funds holding
Funds holding: 286 → 305 (+19)
1.54% more ownership
Funds ownership: 33.41% → 34.95% (+1.5%)
2% more repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 94
58% less call options, than puts
Call options by funds: $56.8M | Put options by funds: $135M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$155M |
| 2 |
Goldman Sachs
New York
|
+$125M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$98.6M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$63.7M |
| 5 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$50.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
-$92.5M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$62.5M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$52.7M |
| 4 |
AC
AKO Capital
London,
United Kingdom
|
-$40M |
| 5 |
DCP
Darsana Capital Partners
New York
|
-$32.9M |
RACE Hedge Fund Activity: Q2 2018 in Review
305 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q2 2018, worth a combined $8.92B — up 18% from $7.58B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new RACE positions and 28 closed out — a net gain of 22 holders — while 96 added to existing stakes and 94 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $155M. The largest seller was Norges Bank, cutting an estimated $92.5M.
- 305 institutional investors held Ferrari (RACE) as of Q2 2018, up from 286 in Q1 2018.
- Funds reported $8.92B of Ferrari stock for Q2 2018, up 18% quarter-over-quarter.
- 50 funds opened new Ferrari positions in Q2 2018 and 28 closed out, a net change of +22 holders.
- The largest Ferrari buyer in Q2 2018 was Wellington Management Group, an estimated $155M added.
- The largest Ferrari seller in Q2 2018 was Norges Bank, an estimated $92.5M sold.
Based on aggregated 13F filings for Q2 2018.