Will Ferrari’s IPO Become a Disruptor for Automotive Investors?

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In any case, the success of the IPO can already give us an opinion regarding Ferrari’s popularity among investors. Moreover, some of the current investors in Fiat Chrysler Automobiles NV (NYSE:FCAU) might consider benefitting from the IPO and buying shares of the company before receiving shares in the spin-off next year. Among the company’s top shareholders is Mohnish Pabrai‘s Dalal Street, which has invested 42% of its portfolio’s capital in Fiat Chrysler Automobiles NV (NYSE:FCAU), reporting ownership of 13.80 million shares in its most recent 13F filing. In addition, Harris Associates initiated a stake of 24.25 million shares during the third quarter. Rob Citrone’s Discovery Capital Management added around 1.33 million shares to its stake, taking it to 5.13 million shares.

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