Ferrari
RACE
575 hedge funds and large institutions have $19.5B invested in Ferrari in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 195 increasing their positions, 168 reducing their positions, and 43 closing their positions.
144% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 43
16% more repeat investments, than reductions
Existing positions increased: 195 | Existing positions reduced: 168
14% more capital invested
Capital invested by funds: $17.1B → $19.5B (+$2.42B)
10% more funds holding
Funds holding: 521 → 575 (+54)
0.2% more ownership
Funds ownership: 31.8% → 32.01% (+0.2%)
11% less funds holding in top 10
Funds holding in top 10: 19 → 17 (-2)
28% less call options, than puts
Call options by funds: $318M | Put options by funds: $442M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$550M |
| 2 |
JP Morgan Chase
New York
|
+$281M |
| 3 |
Goldman Sachs
New York
|
+$243M |
| 4 |
Nuveen
Charlotte,
North Carolina
|
+$175M |
| 5 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$131M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$335M |
| 2 |
Amundi
Paris,
France
|
-$225M |
| 3 |
WCM Investment Management
Laguna Beach,
California
|
-$186M |
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$135M |
| 5 |
Morgan Stanley
New York
|
-$110M |
RACE Hedge Fund Activity: Q4 2023 in Review
575 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Ferrari (RACE) for Q4 2023, worth a combined $19.5B — up 14% from $17.1B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new RACE positions and 43 closed out — a net gain of 62 holders — while 195 added to existing stakes and 168 trimmed.
The largest buyer was Bank of America, adding an estimated $550M. The largest seller was T. Rowe Price Associates, cutting an estimated $335M.
- 575 institutional investors held Ferrari (RACE) as of Q4 2023, up from 521 in Q3 2023.
- Funds reported $19.5B of Ferrari stock for Q4 2023, up 14% quarter-over-quarter.
- 105 funds opened new Ferrari positions in Q4 2023 and 43 closed out, a net change of +62 holders.
- The largest Ferrari buyer in Q4 2023 was Bank of America, an estimated $550M added.
- The largest Ferrari seller in Q4 2023 was T. Rowe Price Associates, an estimated $335M sold.
Based on aggregated 13F filings for Q4 2023.