Ferrari
RACE
473 hedge funds and large institutions have $15.8B invested in Ferrari in 2023 Q1 according to their latest regulatory filings, with 82 funds opening new positions, 139 increasing their positions, 155 reducing their positions, and 39 closing their positions.
110% more first-time investments, than exits
New positions opened: 82 | Existing positions closed: 39
36% more call options, than puts
Call options by funds: $351M | Put options by funds: $257M
27% more capital invested
Capital invested by funds: $12.4B → $15.8B (+$3.36B)
8% more funds holding
Funds holding: 439 → 473 (+34)
6% more funds holding in top 10
Funds holding in top 10: 18 → 19 (+1)
0.7% more ownership
Funds ownership: 31.48% → 32.19% (+0.7%)
10% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 155
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$295M |
| 2 |
Bank of New York Mellon
New York
|
+$253M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$191M |
| 4 |
Goldman Sachs
New York
|
+$144M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$140M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317M |
| 2 |
DCP
Darsana Capital Partners
New York
|
-$128M |
| 3 |
PCM
Palestra Capital Management
New York
|
-$109M |
| 4 |
DCP
D1 Capital Partners
New York
|
-$89.2M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$88.7M |
RACE Hedge Fund Activity: Q1 2023 in Review
473 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q1 2023, worth a combined $15.8B — up 27% from $12.4B a quarter earlier.
Buyers outnumbered sellers: 82 funds opened new RACE positions and 39 closed out — a net gain of 43 holders — while 139 added to existing stakes and 155 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $295M. The largest seller was T. Rowe Price Associates, cutting an estimated $317M.
- 473 institutional investors held Ferrari (RACE) as of Q1 2023, up from 439 in Q4 2022.
- Funds reported $15.8B of Ferrari stock for Q1 2023, up 27% quarter-over-quarter.
- 82 funds opened new Ferrari positions in Q1 2023 and 39 closed out, a net change of +43 holders.
- The largest Ferrari buyer in Q1 2023 was AllianceBernstein, an estimated $295M added.
- The largest Ferrari seller in Q1 2023 was T. Rowe Price Associates, an estimated $317M sold.
Based on aggregated 13F filings for Q1 2023.