Ferrari
RACE
292 hedge funds and large institutions have $6.58B invested in Ferrari in 2018 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 88 increasing their positions, 77 reducing their positions, and 55 closing their positions.
35% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 55
14% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 77
6% more funds holding
Funds holding: 276 → 292 (+16)
0% more funds holding in top 10
Funds holding in top 10: 14 → 14 (0)
0.18% less ownership
Funds ownership: 35.32% → 35.14% (-0.18%)
28% less capital invested
Capital invested by funds: $9.15B → $6.58B (-$2.57B)
46% less call options, than puts
Call options by funds: $160M | Put options by funds: $293M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
+$72.7M |
| 2 |
Morgan Stanley
New York
|
+$51.5M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$50M |
| 4 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
+$48.6M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$34.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$208M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$187M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$72.5M |
| 4 |
CIM
Chiron Investment Management
New York
|
-$62.5M |
| 5 |
DCP
Darsana Capital Partners
New York
|
-$37.2M |
RACE Hedge Fund Activity: Q4 2018 in Review
292 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q4 2018, worth a combined $6.58B — down 28% from $9.15B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new RACE positions and 55 closed out — a net gain of 19 holders — while 88 added to existing stakes and 77 trimmed.
The largest buyer was Canada Pension Plan Investment Board, adding an estimated $72.7M. The largest seller was Viking Global Investors, exiting entirely with an estimated $208M sold.
- 292 institutional investors held Ferrari (RACE) as of Q4 2018, up from 276 in Q3 2018.
- Funds reported $6.58B of Ferrari stock for Q4 2018, down 28% quarter-over-quarter.
- 74 funds opened new Ferrari positions in Q4 2018 and 55 closed out, a net change of +19 holders.
- The largest Ferrari buyer in Q4 2018 was Canada Pension Plan Investment Board, an estimated $72.7M added.
- The largest Ferrari seller in Q4 2018 was Viking Global Investors, an estimated $208M sold.
Based on aggregated 13F filings for Q4 2018.