Vault-13

FERRARI N V RACE

COM · Common Stock · CUSIP N3167Y103

Dutch holding company that controls Ferrari

517 institutional holders +42 vs Q1 2023
57,180,05057.2m shares reported held*
$18.6bnreported value*
82 new 163 added 171 reduced 40 sold out net sold ≈ $1.3bn (-4.1m shares)

* 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 ($9.0m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $325.53. Options: 23 managers hold calls ($367.9m notional), 26 hold puts ($331.4m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 404Q4 22: 441Q1 23: 475Q2 23: 517517Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022404
Q4 2022441
Q1 2023475
Q2 2023517

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 192 bought or addedQ4 22: 186 cut or sold outQ4 22Q1 23: 216 bought or addedQ1 23: 192 cut or sold outQ1 23Q2 23: 245 bought or addedQ2 23: 211 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022192186
Q1 2023216192
Q2 2023245211

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$100m$200m$300m$400mQ3 22 calls: $202.7mQ3 22 puts: $284.0mQ3 22P/C 1.40Q4 22 calls: $153.9mQ4 22 puts: $242.5mQ4 22P/C 1.58Q1 23 calls: $350.6mQ1 23 puts: $257.2mQ1 23P/C 0.73Q2 23 calls: $367.9mQ2 23 puts: $331.4mQ2 23P/C 0.90
Numbers
QuarterCallsPutsP/C
Q3 2022$202.7m$284.0m1.40
Q4 2022$153.9m$242.5m1.58
Q1 2023$350.6m$257.2m0.73
Q2 2023$367.9m$331.4m0.90

Biggest buyers

Capital World Investors New +525,805+525.8k
Balyasny Asset Management L.P. New +335,807+335.8k
Amundi Added +315,526+315.5k
State of Tennessee, Department of Treasury New +297,360+297.4k
ALLIANCEBERNSTEIN L.P. Added +284,169+284.2k
RENAISSANCE TECHNOLOGIES LLC Added +283,785+283.8k
FIL Ltd Added +232,899+232.9k
JPMORGAN CHASE & CO Added +178,769+178.8k
GOLDMAN SACHS GROUP INC Added +153,890+153.9k
CITIGROUP INC Added +135,315+135.3k

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Reduced -2,859,057-2.9m
FMR LLC Reduced -2,675,624-2.7m
Darsana Capital Partners LP Sold out -250,000-250.0k
BlackRock Inc. Reduced -199,823-199.8k
BAILLIE GIFFORD & CO Reduced -145,295-145.3k
LORD, ABBETT & CO. LLC Reduced -130,368-130.4k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Reduced -129,516-129.5k
BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp Reduced -124,471-124.5k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -113,095-113.1k
AXA S.A. Reduced -109,276-109.3k

Biggest calls

UBS Group AG Added $67.9m208.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $60.7m186.8k shares
CITADEL ADVISORS LLC Reduced $43.4m133.3k shares
Optiver Holding B.V. Added $36.8m113.1k shares
PEAK6 Investments LLC Reduced $36.7m112.8k shares
GOLDMAN SACHS GROUP INC Added $34.1m105.0k shares
SIMPLEX TRADING, LLC Added $20.0m61.6k shares
Balyasny Asset Management L.P. New $16.3m50.0k shares
Walleye Trading LLC Added $10.6m32.6k shares
JANE STREET GROUP, LLC Added $9.9m30.5k shares

Biggest puts

Optiver Holding B.V. Added $51.9m159.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $48.2m148.3k shares
CITADEL ADVISORS LLC Added $43.2m132.9k shares
UBS Group AG Reduced $35.3m108.5k shares
Monaco Asset Management SAM Unchanged $24.4m75.0k shares
Eisler Capital (UK) Ltd. New $21.1m65.0k shares
Balyasny Asset Management L.P. New $16.3m50.0k shares
PEAK6 Investments LLC Reduced $14.8m45.4k shares
GOLDMAN SACHS GROUP INC Unchanged $14.6m45.0k shares
MILLENNIUM MANAGEMENT LLC Reduced $8.6m26.4k 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.

HolderStakeChangeShares Last filed
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% -10.5 pts 37.8m≈ $14.1bn 2026-01-06

Insider purchases and sales in Q2 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 Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAILLIE GIFFORD & CO 2.00% of their portfolio EDINBURGH, X0 7,213,4057.2m $2.4bn $2.4bn 2.00% Reduced -145.3k -145,295
2 VANGUARD GROUP INC 0.03% of their portfolio Valley Forge, PA 4,380,2764.4m $1.4bn $1.4bn 0.03% Added +5.8k +5,821
3 PRICE T ROWE ASSOCIATES INC /MD/ 0.18% of their portfolio BALTIMORE, MD 4,037,8894.0m $1.3bn $1.3bn 0.18% Reduced -2.9m -2,859,057
4 Bank of Italy 23.18% of their portfolio ROME, L6 2,295,9032.3m $747.2m $747.2m 23.18% Added +21.6k +21,637
5 Amundi 0.34% of their portfolio Paris, I0 2,082,8742.1m $678.7m $678.7m 0.34% Added +315.5k +315,526
6 FMR LLC 0.05% of their portfolio BOSTON, MA 1,995,7642.0m $650.3m $650.3m 0.05% Reduced -2.7m -2,675,624
7 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 1,907,1041.9m $620.2m $620.2m 0.07% Added +178.8k +178,769
8 MORGAN STANLEY 0.06% of their portfolio NEW YORK, NY 1,837,9981.8m $597.7m $597.7m 0.06% Reduced -24.1k -24,137
9 WCM INVESTMENT MANAGEMENT, LLC 1.65% of their portfolio LAGUNA BEACH, CA 1,697,3531.7m $553.7m $553.7m 1.65% Reduced -88.2k -88,233
10 NORGES BANK 0.11% of their portfolio OSLO, Q8 1,639,5351.6m $535.9m $535.9m 0.11% Reduced -39.9k -39,904
11 Bank of New York Mellon Corp 0.11% of their portfolio NEW YORK, NY 1,630,1911.6m $530.2m $530.2m 0.11% Added +82.0k +81,990
12 ALLIANCEBERNSTEIN L.P. 0.19% of their portfolio NASHVILLE, TN 1,466,6271.5m $477.0m $477.0m 0.19% Added +284.2k +284,169
13 Capital Research Global Investors 0.13% of their portfolio Los Angeles, CA 1,460,1341.5m $477.4m $477.4m 0.13% Added +29.4k +29,439
14 BlackRock Inc. 0.01% of their portfolio New York, NY 1,185,7821.2m $385.6m $385.6m 0.01% Reduced -199.8k -199,823
15 GOLDMAN SACHS GROUP INC 0.08% of their portfolio NEW YORK, NY 1,013,5571.0m $329.6m $329.6m 0.08% Added +153.9k +153,890
16 AKO CAPITAL LLP 4.58% of their portfolio LONDON, X0 928,095928.1k $303.0m $303.0m 4.58% Reduced -13.8k -13,842
17 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 892,083892.1k $290.1m $290.1m 0.03% Reduced -47.5k -47,472
18 WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio Boston, MA 867,904867.9k $283.6m $283.6m 0.05% Reduced -102.8k -102,770
19 PICTET ASSET MANAGEMENT SA 0.32% of their portfolio GENEVA 73, V8 832,168832.2k $271.9m $271.9m 0.32% Reduced -39.1k -39,145
20 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.76% of their portfolio CHICAGO, IL 729,027729.0k $237.1m $237.1m 0.76% Reduced -20.7k -20,734
21 AXA S.A. 0.73% of their portfolio PARIS, I0 676,504676.5k $220.0m $220.0m 0.73% Reduced -109.3k -109,276
22 MACQUARIE GROUP LTD 0.22% of their portfolio Sydney, NSW 2000, C3 598,535598.5k $194.7m $194.7m 0.22% Reduced -19.4k -19,412
23 AustralianSuper Pty Ltd 1.20% of their portfolio MELBOURNE, C3 579,851579.9k $189.5m $189.5m 1.20% Reduced -85.8k -85,793
24 MARTIN CURRIE LTD 6.29% of their portfolio EDINBURGH, X0 575,050575.0k $187.0m $187.0m 6.29% Reduced -14.3k -14,344
25 Capital World Investors 0.03% of their portfolio LOS ANGELES, CA 525,805525.8k $172.1m $172.1m 0.03% New
26 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 523,423523.4k $170.2m $170.2m 0.03% Reduced -6.1k -6,132
27 Swiss National Bank 0.10% of their portfolio ZURICH, V8 465,401465.4k $152.1m $152.1m 0.10% Reduced -28.6k -28,579
28 DEUTSCHE BANK AG\ 0.07% of their portfolio FRANKFURT AM MAIN, 2M 408,378408.4k $132.8m $132.8m 0.07% Reduced -9.8k -9,783
29 CREDIT SUISSE AG/ 0.13% of their portfolio ZURICH, V8 388,892388.9k $126.5m $126.5m 0.13% Added +27.2k +27,228
30 CIBC Private Wealth Group LLC 0.13% of their portfolio ATLANTA, GA 368,642368.6k $120.0m $120.0m 0.13% Reduced -67.6k -67,566
31 RENAISSANCE TECHNOLOGIES LLC 0.17% of their portfolio NEW YORK, NY 358,121358.1k $116.7m $116.7m 0.17% Added +283.8k +283,785
32 MARSHALL WACE, LLP 0.25% of their portfolio LONDON, X0 357,181357.2k $116.7m $116.7m 0.25% Reduced -50.6k -50,591
33 Balyasny Asset Management L.P. 0.31% of their portfolio Chicago, IL 335,807335.8k $109.4m $109.4m 0.31% New
34 BARCLAYS PLC 0.06% of their portfolio LONDON, X0 302,250302.2k $98.3m $98.3m 0.06% Added +27.8k +27,771
35 State of Tennessee, Department of Treasury 0.41% of their portfolio NASHVILLE, TN 297,360297.4k $97.2m $97.2m 0.41% New
36 CITIGROUP INC 0.12% of their portfolio NEW YORK, NY 294,054294.1k $95.6m $95.6m 0.12% Added +135.3k +135,315
37 FIL Ltd 0.10% of their portfolio HAMILTON, D0 274,269274.3k $89.6m $89.6m 0.10% Added +232.9k +232,899
38 Banco Santander, S.A. 1.14% of their portfolio Madrid, U3 268,139268.1k $87.2m $87.2m 1.14% Reduced -1.7k -1,685
39 JENNISON ASSOCIATES LLC 0.07% of their portfolio NEW YORK, NY 263,507263.5k $85.7m $85.7m 0.07% Added +5.1k +5,088
40 TWO SIGMA ADVISERS, LP 0.22% of their portfolio NEW YORK, NY 259,900259.9k $84.5m $84.5m 0.22% Added +33.3k +33,300
41 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.78% of their portfolio VICTORIA, A1 256,252256.3k $83.8m $83.8m 0.78% Reduced -124.5k -124,471
42 TWO SIGMA INVESTMENTS, LP 0.22% of their portfolio NEW YORK, NY 252,791252.8k $82.2m $82.2m 0.22% Added +15.1k +15,063
43 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 250,228250.2k $81.4m $81.4m 0.02% Added +51.0k +51,014
44 TD Asset Management Inc 0.09% of their portfolio Toronto, A6 248,153248.2k $80.8m $80.8m 0.09% Added +63.5k +63,529
45 1832 Asset Management L.P. 0.15% of their portfolio TORONTO, A6 244,210244.2k $79.4m $79.4m 0.15% Reduced -425 -425
46 DekaBank Deutsche Girozentrale 0.18% of their portfolio FRANKFURT, 2M 239,882239.9k $78.2m $78.2m 0.18% Added +65.2k +65,206
47 Rheos Capital Works Inc. 3.99% of their portfolio Tokyo, M0 228,200228.2k $74.2m $74.2m 3.99% Added +33.6k +33,600
48 LORD, ABBETT & CO. LLC 0.13% of their portfolio JERSEY CITY, NJ 227,072227.1k $73.8m $73.8m 0.13% Reduced -130.4k -130,368
49 Allspring Global Investments Holdings, LLC 0.11% of their portfolio CHARLOTTE, NC 220,694220.7k $71.8m $71.8m 0.11% Reduced -52.3k -52,290
50 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 204,180204.2k $66.7m $66.7m 0.02% Reduced -354 -354
51 ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio Berwyn, PA 201,564201.6k $65.6m $65.6m 0.03% Reduced -28.4k -28,437
52 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 180,239180.2k $58.6m $58.6m 0.03% Reduced -129.5k -129,516
53 Twin Tree Management, LP 1.20% of their portfolio DALLAS, TX 180,072180.1k $58.6m $58.6m 1.20% Added +111.8k +111,775
54 Ensemble Capital Management, LLC 5.48% of their portfolio San Francisco, CA 174,368174.4k $56.7m $56.7m 5.48% Reduced -36.1k -36,121
55 AMERIPRISE FINANCIAL INC 0.02% of their portfolio MINNEAPOLIS, MN 169,295169.3k $55.0m $55.0m 0.02% Added +79.2k +79,226
56 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 158,311158.3k $51.5m $51.5m 0.01% Added +97.0k +97,003
57 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 153,752153.8k $50.3m $50.3m 0.04% Added +4.5k +4,512
58 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 148,908148.9k $48.7m $48.7m 0.09% Reduced -60.3k -60,297
59 NATIXIS ADVISORS, LLC 0.14% of their portfolio Boston, MA 144,003144.0k $46.8m $46.8m 0.14% Reduced -7.7k -7,703
60 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio JUPITER, FL 143,522143.5k $46.7m $46.7m 0.22% Added +15.1k +15,116
61 Douglas Lane & Associates, LLC 0.70% of their portfolio NEW YORK, NY 132,882132.9k $43.2m $43.2m 0.70% Reduced -3.0k -2,974
62 Compagnie Lombard Odier SCmA 1.21% of their portfolio 1204 GENEVA, V8 132,503132.5k $43.3m $43.3m 1.21% Added +7.2k +7,198
63 Baskin Financial Services Inc. 3.86% of their portfolio TORONTO, A6 123,519123.5k $40.2m $40.2m 3.86% Reduced -1.9k -1,899
64 THORNBURG INVESTMENT MANAGEMENT INC 0.63% of their portfolio SANTA FE, NM 119,941119.9k $39.0m $39.0m 0.63% Reduced -3.9k -3,938
65 BIGLARI CAPITAL CORP. 5.10% of their portfolio San Antonio, TX 118,300118.3k $38.5m $38.5m 5.10% Unchanged
66 MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio NEW YORK, NY 117,881117.9k $38.3m $38.3m 0.04% Reduced -24.3k -24,286
67 Lansing Management LP 38.13% of their portfolio NEW YORK, NY 117,080117.1k $38.1m $38.1m 38.13% Reduced -8.1k -8,075
68 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 116,529116.5k $38.1m $38.1m 0.03% Added +30.8k +30,797
69 JS Capital Management LLC 4.69% of their portfolio NEW YORK, NY 110,000110.0k $35.8m $35.8m 4.69% Unchanged
70 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 104,162104.2k $33.9m $33.9m 0.02% Added +11.3k +11,288
71 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 98,07598.1k $31.9m $31.9m 0.01% Added +10.8k +10,813
72 MACKENZIE FINANCIAL CORP 0.05% of their portfolio TORONTO ONTARIO, A6 93,11593.1k $30.2m $30.2m 0.05% Added +45.6k +45,608
73 CANADA PENSION PLAN INVESTMENT BOARD 0.05% of their portfolio TORONTO ONTARIO, A6 91,02191.0k $29.7m $29.7m 0.05% Reduced -2.9k -2,900
74 Korea Investment CORP 0.08% of their portfolio SEOUL, M5 89,06789.1k $29.1m $29.1m 0.08% Added +12.9k +12,859
75 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 82,40582.4k $26.8m $26.8m 0.01% Added +3.6k +3,644
76 Fiera Capital Corp 0.08% of their portfolio MONTREAL, A8 81,88681.9k $26.6m $26.6m 0.08% Reduced -16.3k -16,345
77 Aquamarine Zurich AG 12.46% of their portfolio ZURICH, V8 80,00080.0k $26.1m $26.1m 12.46% Unchanged
78 Quadrature Capital Ltd 0.57% of their portfolio LONDON, X0 79,79179.8k $26.0m $26.0m 0.57% Reduced -38.5k -38,543
79 JANE STREET GROUP, LLC 0.03% of their portfolio NEW YORK, NY 77,29777.3k $25.1m $25.1m 0.03% Added +30.5k +30,462
80 Stony Point Capital LLC 8.06% of their portfolio NEW YORK, NY 76,40476.4k $24.8m $24.8m 8.06% Added +3.2k +3,228
81 UBS Group AG 0.01% of their portfolio ZURICH, V8 73,70273.7k $24.0m $24.0m 0.01% Added +9.1k +9,110
82 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 71,57671.6k $23.3m $23.3m 0.05% Added +48.0k +48,041
83 NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio ALBANY, NY 70,80770.8k $23.0m $23.0m 0.03% Reduced -22.1k -22,112
84 Capital International Investors 0.01% of their portfolio Los Angeles, CA 69,80269.8k $22.9m $22.9m 0.01% Reduced -25.3k -25,261
85 FRED ALGER MANAGEMENT, LLC 0.11% of their portfolio NEW YORK, NY 67,64767.6k $22.0m $22.0m 0.11% Added +8.8k +8,831
86 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 66,33666.3k $21.6m $21.6m 0.02% Added +39.3k +39,309
87 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 64,82764.8k $21.1m $21.1m 0.03% Reduced -50.0k -49,974
88 Allianz Asset Management GmbH 0.04% of their portfolio MUNICH, 2M 61,98462.0k $20.2m $20.2m 0.04% Reduced -43.0k -42,964
89 Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio ZURICH, V8 58,24758.2k $19.0m $19.0m 0.08% Added +3.1k +3,130
90 Capital International, Inc./CA/ 0.34% of their portfolio Los Angeles, CA 57,74157.7k $18.9m $18.9m 0.34% New
91 Infusive Asset Management Inc. 7.82% of their portfolio NEW YORK, NY 57,12457.1k $10.2m $10.2m 7.82% Added +1.4k +1,448
92 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 56,79256.8k $18.5m $18.5m 0.06% Added +1.9k +1,872
93 SANDS CAPITAL MANAGEMENT, LLC 0.05% of their portfolio ARLINGTON, VA 50,79050.8k $16.5m $16.5m 0.05% Reduced -652 -652
94 Public Sector Pension Investment Board 0.10% of their portfolio MONTREAL, A8 44,79844.8k $14.6m $14.6m 0.10% Added +158 +158
95 Susquehanna International Securities, Ltd. 13.40% of their portfolio DUBLIN, L2 44,28644.3k $14.4m $14.4m 13.40% Added +33.5k +33,453
96 CREDIT AGRICOLE S A 0.45% of their portfolio Montrouge Cedex, I0 42,20942.2k $13.7m $13.7m 0.45% Added +24.1k +24,109
97 Qube Research & Technologies Ltd 0.05% of their portfolio LONDON, X0 41,59241.6k $13.5m $13.5m 0.05% Reduced -8.7k -8,659
98 ROYAL LONDON ASSET MANAGEMENT LTD 0.04% of their portfolio UNITED KINGDOM, X0 36,41836.4k $11.8m $11.8m 0.04% Added +16.9k +16,887
99 YCG, LLC 1.04% of their portfolio AUSTIN, TX 35,88235.9k $11.7m $11.7m 1.04% Reduced -2 -2
100 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 34,61134.6k $11.3m $11.3m 0.01% Reduced -13.3k -13,281