FERRARI N V RACE
COM · Common Stock · CUSIP N3167Y103
Dutch holding company that controls Ferrari
- SectorConsumer discretionary
- IndustryMotor Vehicles & Passenger Car Bodies
- HeadquartersAmsterdam, Netherlands
- Founded2013
- Websitecorporate.ferrari.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($6.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $269.40. Options: 23 managers hold calls ($350.6m notional), 18 hold puts ($257.2m).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 404 |
| Q4 2022 | 441 |
| Q1 2023 | 475 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 192 | 186 |
| Q1 2023 | 216 | 192 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $202.7m | $284.0m | 1.40 |
| Q4 2022 | $153.9m | $242.5m | 1.58 |
| Q1 2023 | $350.6m | $257.2m | 0.73 |
Biggest buyers
| FMR LLC | Added | +2.3m |
| ALLIANCEBERNSTEIN L.P. | Added | +1.2m |
| Bank of New York Mellon Corp | Added | +988.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +749.8k |
| GOLDMAN SACHS GROUP INC | Added | +564.9k |
| BANK OF AMERICA CORP /DE/ | Added | +547.4k |
| JPMORGAN CHASE & CO | Added | +464.8k |
| LORD, ABBETT & CO. LLC | New | +357.4k |
| CIBC Private Wealth Group LLC | Added | +225.0k |
| 1832 Asset Management L.P. | Added | +146.0k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.2m |
| Palestra Capital Management LLC | Sold out | -506.8k |
| Darsana Capital Partners LP | Reduced | -500.0k |
| D1 Capital Partners L.P. | Sold out | -416.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -347.2k |
| BAILLIE GIFFORD & CO | Reduced | -283.1k |
| Amundi | Reduced | -277.6k |
| DEUTSCHE BANK AG\ | Reduced | -193.1k |
| Junto Capital Management LP | Sold out | -180.0k |
| Capital Research Global Investors | Reduced | -154.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $54.5m201.0k shares |
| CITADEL ADVISORS LLC | Added | $44.8m165.3k shares |
| UBS Group AG | Added | $37.8m139.5k shares |
| NOMURA HOLDINGS INC | New | $36.4m134.5k shares |
| Capula Management Ltd | Not comparable | $36.4m134.5k shares |
| PEAK6 Investments LLC | Added | $34.0m125.5k shares |
| CITIGROUP INC | New | $27.1m100.0k shares |
| Optiver Holding B.V. | Reduced | $24.5m90.6k shares |
| SIMPLEX TRADING, LLC | Added | $14.9m54.9k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $12.2m45.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $42.9m158.4k shares |
| Optiver Holding B.V. | Reduced | $42.2m155.8k shares |
| UBS Group AG | Added | $41.9m154.5k shares |
| CITADEL ADVISORS LLC | Reduced | $31.1m114.7k shares |
| Monaco Asset Management SAM | New | $20.3m75.0k shares |
| PEAK6 Investments LLC | Added | $16.7m61.6k shares |
| Centiva Capital, LP | New | $13.5m50.0k shares |
| GOLDMAN SACHS GROUP INC | Unchanged | $12.2m45.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $8.8m32.3k shares |
| MILLENNIUM MANAGEMENT LLC | New | $8.4m31.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Exor N.V.
13D · may seek influence
-10.5 pts · filed 2026-01-06
Stated purposeItem 4 is hereby amended and supplemented to include the following: The information set forth in Item 6 hereof is hereby incorporated by reference into this Item 4. Full filing |
21.3% |
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| BAILLIE GIFFORD & CO 1.80% of their portfolio | 7.4m $2.0bn | Reduced -283.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.28% of their portfolio | 6.9m $1.9bn | Reduced -1.2m |
| FMR LLC 0.06% of their portfolio | 4.7m $1.3bn | Added +2.3m |
| VANGUARD GROUP INC 0.03% of their portfolio | 4.4m $1.2bn | Added +30.1k |
| Bank of Italy 20.54% of their portfolio | 2.3m $616.6m | Unchanged |
| MORGAN STANLEY 0.05% of their portfolio | 1.9m $504.5m | Reduced -9.0k |
| WCM INVESTMENT MANAGEMENT, LLC 1.55% of their portfolio | 1.8m $483.8m | Reduced -55.7k |
| Amundi 0.26% of their portfolio | 1.8m $478.2m | Reduced -277.6k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 1.7m $468.3m | Added +464.8k |
| NORGES BANK 0.10% of their portfolio | 1.7m $454.1m | Added +25.2k |
| Bank of New York Mellon Corp 0.09% of their portfolio | 1.5m $419.5m | Added +988.8k |
| Capital Research Global Investors 0.11% of their portfolio | 1.4m $387.5m | Reduced -154.6k |
| BlackRock Inc. 0.01% of their portfolio | 1.4m $375.4m | Reduced -82.2k |
| ALLIANCEBERNSTEIN L.P. 0.14% of their portfolio | 1.2m $320.4m | Added +1.2m |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 970.7k $262.9m | Reduced -347.2k |
| AKO CAPITAL LLP 3.88% of their portfolio | 941.9k $255.1m | Reduced -10.1k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 939.6k $254.6m | Added +547.4k |
| PICTET ASSET MANAGEMENT SA 0.30% of their portfolio | 871.3k $236.0m | Added +90.8k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 859.7k $232.9m | Added +564.9k |
| AXA S.A. 0.73% of their portfolio | 785.8k $212.9m | Reduced -90.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.71% of their portfolio | 749.8k $203.1m | New |
| AustralianSuper Pty Ltd 1.24% of their portfolio | 665.6k $180.0m | Reduced -68.8k |
| MACQUARIE GROUP LTD 0.20% of their portfolio | 617.9k $167.4m | Added +16.9k |
| MARTIN CURRIE LTD 5.71% of their portfolio | 589.4k $159.7m | Reduced -28.4k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 529.6k $143.5m | Reduced -22.6k |
| Swiss National Bank 0.09% of their portfolio | 494.0k $134.1m | Reduced -18.9k |
| CIBC Private Wealth Group LLC 0.05% of their portfolio | 436.2k $43.7m | Added +225.0k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 418.2k $113.3m | Reduced -193.1k |
| MARSHALL WACE, LLP 0.27% of their portfolio | 407.8k $110.4m | Added +45.3k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 1.07% of their portfolio | 380.7k $102.9m | Reduced -105.1k |
| CREDIT SUISSE AG/ 0.10% of their portfolio | 361.7k $98.0m | Reduced -1.4k |
| LORD, ABBETT & CO. LLC 0.17% of their portfolio | 357.4k $96.8m | New |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 309.8k $84.1m | Reduced -9.1k |
| BARCLAYS PLC 0.08% of their portfolio | 274.5k $74.4m | Reduced -82.0k |
| Allspring Global Investments Holdings, LLC 0.12% of their portfolio | 273.0k $74.0m | Reduced -3.6k |
| Banco Santander, S.A. 0.99% of their portfolio | 269.8k $67.3m | Added +88.2k |
| JENNISON ASSOCIATES LLC 0.06% of their portfolio | 258.4k $70.0m | Added +3.7k |
| Darsana Capital Partners LP 4.56% of their portfolio | 250.0k $67.7m | Reduced -500.0k |
| 1832 Asset Management L.P. 0.14% of their portfolio | 244.6k $66.3m | Added +146.0k |
| TWO SIGMA INVESTMENTS, LP 0.19% of their portfolio | 237.7k $64.4m | Added +101.8k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 230.0k $62.3m | Added +1.6k |
| TWO SIGMA ADVISERS, LP 0.16% of their portfolio | 226.6k $61.4m | Added +113.0k |
| Ensemble Capital Management, LLC 5.90% of their portfolio | 210.5k $57.0m | Reduced -78.5k |
| Russell Investments Group, Ltd. 0.11% of their portfolio | 209.2k $56.7m | Added +24.9k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 204.5k $55.6m | Reduced -9.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 199.2k $54.0m | Added +17.8k |
| Rheos Capital Works Inc. 2.93% of their portfolio | 194.6k $52.7m | Added +25.5k |
| TD Asset Management Inc 0.06% of their portfolio | 184.6k $50.0m | Added +128.8k |
| DekaBank Deutsche Girozentrale 0.12% of their portfolio | 174.7k $46.7m | Added +34.2k |
| CITIGROUP INC 0.06% of their portfolio | 158.7k $43.0m | Reduced -41.7k |
| NATIXIS ADVISORS, LLC 0.14% of their portfolio | 151.7k $41.1m | Reduced -4.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.03% of their portfolio | 149.2k $40.4m | Reduced -4.0k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 142.2k $38.5m | Added +95.8k |
| Douglas Lane & Associates, LLC 0.61% of their portfolio | 135.9k $36.8m | Reduced -1.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.17% of their portfolio | 128.4k $34.8m | Added +112.0k |
| Baskin Financial Services Inc. 3.57% of their portfolio | 125.4k $34.0m | Reduced -2.5k |
| Compagnie Lombard Odier SCmA 0.85% of their portfolio | 125.3k $33.9m | Added +19.3k |
| Lansing Management LP 35.72% of their portfolio | 125.2k $33.9m | Reduced -8.5k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.55% of their portfolio | 123.9k $33.6m | Reduced -30.8k |
| Quadrature Capital Ltd 0.88% of their portfolio | 118.3k $32.2m | Added +90.7k |
| BIGLARI CAPITAL CORP. 4.46% of their portfolio | 118.3k $32.1m | Unchanged |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 114.8k $31.1m | Reduced -33.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 114.2k $30.9m | New |
| JS Capital Management LLC 5.38% of their portfolio | 110.0k $29.8m | New |
| Allianz Asset Management GmbH 0.06% of their portfolio | 104.9k $28.4m | Added +3.8k |
| Fiera Capital Corp 0.08% of their portfolio | 98.2k $26.6m | Reduced -73.8k |
| Capital International Investors 0.01% of their portfolio | 95.1k $25.7m | Added +254 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.04% of their portfolio | 93.9k $25.4m | Reduced -17.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 92.9k $25.2m | Reduced -50.5k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 92.9k $25.1m | Added +43.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 90.1k $24.5m | Added +40.9k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 87.3k $23.6m | Added +4.5k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 85.7k $23.2m | Reduced -878 |
| Aquamarine Zurich AG 11.18% of their portfolio | 80.0k $21.6m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 78.8k $21.3m | Added +4.2k |
| Korea Investment CORP 0.06% of their portfolio | 76.2k $20.6m | Reduced -5.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 74.3k $20.1m | Reduced -4.4k |
| Stony Point Capital LLC 7.06% of their portfolio | 73.2k $19.8m | Reduced -4.6k |
| WESTPAC BANKING CORP 0.24% of their portfolio | 68.4k $18.2m | Reduced -18.3k |
| Twin Tree Management, LP 0.52% of their portfolio | 68.3k $18.5m | Added +56.4k |
| UBS Group AG 0.01% of their portfolio | 64.6k $17.5m | Added +9.1k |
| Invesco Ltd. 0.00% of their portfolio | 61.3k $16.6m | Reduced -2.9k |
| FRED ALGER MANAGEMENT, LLC 0.09% of their portfolio | 58.8k $15.9m | Added +32.2k |
| Infusive Asset Management Inc. 6.41% of their portfolio | 55.7k $7.4m | Reduced -53.8k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.07% of their portfolio | 55.1k $14.9m | Reduced -1.1k |
| Janney Montgomery Scott LLC 0.06% of their portfolio | 54.9k $14.9m | Added +2.0k |
| SANDS CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 51.4k $13.9m | New |
| Qube Research & Technologies Ltd 0.08% of their portfolio | 50.3k $13.6m | Reduced -16.6k |
| 2Xideas AG 1.28% of their portfolio | 49.6k $13.4m | Added +1.5k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 47.9k $13.0m | Reduced -16.4k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 47.5k $12.8m | New |
| JANE STREET GROUP, LLC 0.02% of their portfolio | 46.8k $12.7m | Reduced -28.8k |
| Public Sector Pension Investment Board 0.09% of their portfolio | 44.6k $12.1m | Added +887 |
| Chiron Investment Management, LLC 2.15% of their portfolio | 44.0k $11.9m | Reduced -2.0k |
| Optiver Holding B.V. 0.54% of their portfolio | 43.0k $11.6m | New |
| FIL Ltd 0.01% of their portfolio | 41.4k $11.2m | Reduced -58.1k |
| J.P. Morgan Private Wealth Advisors LLC 0.02% of their portfolio | 40.7k $11.0m | Added +225 |
| Interval Partners, LP 0.62% of their portfolio | 40.5k $11.0m | New |
| Henry James International Management Inc. 4.64% of their portfolio | 40.4k $10.9m | Added +24 |
| M&T Bank Corp 0.04% of their portfolio | 38.4k $10.4m | Reduced -840 |