Ferrari
RACE
390 hedge funds and large institutions have $13B invested in Ferrari in 2021 Q3 according to their latest regulatory filings, with 46 funds opening new positions, 132 increasing their positions, 111 reducing their positions, and 36 closing their positions.
28% more first-time investments, than exits
New positions opened: 46 | Existing positions closed: 36
19% more repeat investments, than reductions
Existing positions increased: 132 | Existing positions reduced: 111
1.03% more ownership
Funds ownership: 32.73% → 33.75% (+1%)
7% more call options, than puts
Call options by funds: $307M | Put options by funds: $287M
4% more capital invested
Capital invested by funds: $12.5B → $13B (+$552M)
1% more funds holding
Funds holding: 387 → 390 (+3)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Palestra Capital Management
New York
|
+$184M |
| 2 |
Amundi
Paris,
France
|
+$114M |
| 3 |
MCM
Melvin Capital Management
New York
|
+$64.4M |
| 4 |
DCP
Darsana Capital Partners
New York
|
+$53.7M |
| 5 |
Morgan Stanley
New York
|
+$53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Scopus Asset Management
New York
|
-$116M |
| 2 |
JP Morgan Chase
New York
|
-$67.2M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$38M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$21.2M |
| 5 |
AC
AKO Capital
London,
United Kingdom
|
-$17.3M |
RACE Hedge Fund Activity: Q3 2021 in Review
390 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q3 2021, worth a combined $13B — up 4.4% from $12.5B a quarter earlier.
Buyers outnumbered sellers: 46 funds opened new RACE positions and 36 closed out — a net gain of 10 holders — while 132 added to existing stakes and 111 trimmed.
The largest buyer was Palestra Capital Management, opening a new position worth an estimated $184M. The largest seller was Scopus Asset Management, exiting entirely with an estimated $116M sold.
- 390 institutional investors held Ferrari (RACE) as of Q3 2021, up from 387 in Q2 2021.
- Funds reported $13B of Ferrari stock for Q3 2021, up 4.4% quarter-over-quarter.
- 46 funds opened new Ferrari positions in Q3 2021 and 36 closed out, a net change of +10 holders.
- The largest Ferrari buyer in Q3 2021 was Palestra Capital Management, an estimated $184M added.
- The largest Ferrari seller in Q3 2021 was Scopus Asset Management, an estimated $116M sold.
Based on aggregated 13F filings for Q3 2021.