Ferrari
RACE
320 hedge funds and large institutions have $11.4B invested in Ferrari in 2019 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 122 increasing their positions, 83 reducing their positions, and 26 closing their positions.
119% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 26
47% more repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 83
40% more funds holding in top 10
Funds holding in top 10: 15 → 21 (+6)
22% more capital invested
Capital invested by funds: $9.32B → $11.4B (+$2.08B)
10% more funds holding
Funds holding: 292 → 320 (+28)
0.46% more ownership
Funds ownership: 37.05% → 37.51% (+0.46%)
54% less call options, than puts
Call options by funds: $226M | Put options by funds: $486M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$119M |
| 2 |
BlackRock
New York
|
+$60.9M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$48.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$46.3M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$42.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$83.3M |
| 2 |
AAMU
Amundi Asset Management US
Boston,
Massachusetts
|
-$76.2M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$56.5M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$47.3M |
| 5 |
AC
Alatus Capital
Geneva,
Switzerland
|
-$46.9M |
RACE Hedge Fund Activity: Q2 2019 in Review
320 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q2 2019, worth a combined $11.4B — up 22% from $9.32B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new RACE positions and 26 closed out — a net gain of 31 holders — while 122 added to existing stakes and 83 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $119M. The largest seller was Baillie Gifford & Co, cutting an estimated $83.3M.
- 320 institutional investors held Ferrari (RACE) as of Q2 2019, up from 292 in Q1 2019.
- Funds reported $11.4B of Ferrari stock for Q2 2019, up 22% quarter-over-quarter.
- 57 funds opened new Ferrari positions in Q2 2019 and 26 closed out, a net change of +31 holders.
- The largest Ferrari buyer in Q2 2019 was Fidelity Investments, an estimated $119M added.
- The largest Ferrari seller in Q2 2019 was Baillie Gifford & Co, an estimated $83.3M sold.
Based on aggregated 13F filings for Q2 2019.