Ferrari
RACE
343 hedge funds and large institutions have $10.5B invested in Ferrari in 2020 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 114 increasing their positions, 99 reducing their positions, and 36 closing their positions.
25% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 36
15% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 99
6% more capital invested
Capital invested by funds: $9.99B → $10.5B (+$553M)
2% more funds holding
Funds holding: 336 → 343 (+7)
1.66% less ownership
Funds ownership: 35.11% → 33.45% (-1.7%)
20% less funds holding in top 10
Funds holding in top 10: 15 → 12 (-3)
54% less call options, than puts
Call options by funds: $172M | Put options by funds: $376M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BOI
Bank of Italy
Rome,
Italy
|
+$100M |
| 2 |
WCM Investment Management
Laguna Beach,
California
|
+$81M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$73.1M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$38.4M |
| 5 |
Goldman Sachs
New York
|
+$33.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
D1 Capital Partners
New York
|
-$211M |
| 2 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$141M |
| 3 |
AC
AKO Capital
London,
United Kingdom
|
-$107M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$81.2M |
| 5 |
Barclays
London,
United Kingdom
|
-$65.1M |
RACE Hedge Fund Activity: Q2 2020 in Review
343 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q2 2020, worth a combined $10.5B — up 5.5% from $9.99B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new RACE positions and 36 closed out — a net gain of 9 holders — while 114 added to existing stakes and 99 trimmed.
The largest buyer was Bank of Italy, adding an estimated $100M. The largest seller was D1 Capital Partners, cutting an estimated $211M.
- 343 institutional investors held Ferrari (RACE) as of Q2 2020, up from 336 in Q1 2020.
- Funds reported $10.5B of Ferrari stock for Q2 2020, up 5.5% quarter-over-quarter.
- 45 funds opened new Ferrari positions in Q2 2020 and 36 closed out, a net change of +9 holders.
- The largest Ferrari buyer in Q2 2020 was Bank of Italy, an estimated $100M added.
- The largest Ferrari seller in Q2 2020 was D1 Capital Partners, an estimated $211M sold.
Based on aggregated 13F filings for Q2 2020.