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 ($27.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $296.49. Options: 23 managers hold calls ($262.9m notional), 28 hold puts ($434.9m).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 404 |
| Q4 2022 | 441 |
| Q1 2023 | 475 |
| Q2 2023 | 517 |
| Q3 2023 | 525 |
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 |
| Q2 2023 | 245 | 211 |
| Q3 2023 | 247 | 207 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $153.9m | $242.5m | 1.58 |
| Q1 2023 | $350.6m | $257.2m | 0.73 |
| Q2 2023 | $367.9m | $331.4m | 0.90 |
| Q3 2023 | $262.9m | $434.9m | 1.65 |
Biggest buyers
| Amundi | Added | +993.2k |
| Legal & General Group Plc | Added | +993.0k |
| Alphinity Investment Management Pty Ltd | New | +532.3k |
| BARCLAYS PLC | Added | +312.1k |
| Capital World Investors | Added | +189.0k |
| Banco Santander, S.A. | Added | +184.1k |
| DEUTSCHE BANK AG\ | Added | +183.0k |
| Capital International Investors | Added | +156.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +113.1k |
| ALLIANCEBERNSTEIN L.P. | Added | +106.6k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.1m |
| FMR LLC | Reduced | -436.0k |
| GOLDMAN SACHS GROUP INC | Reduced | -397.5k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -353.9k |
| CIBC Private Wealth Group LLC | Reduced | -258.3k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -211.2k |
| JPMORGAN CHASE & CO | Reduced | -202.0k |
| Capital Research Global Investors | Reduced | -187.2k |
| Twin Tree Management, LP | Reduced | -159.9k |
| AKO CAPITAL LLP | Reduced | -120.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $49.2m166.4k shares |
| CITADEL ADVISORS LLC | Added | $46.3m156.6k shares |
| Optiver Holding B.V. | Reduced | $28.5m96.5k shares |
| UBS Group AG | Reduced | $28.4m96.0k shares |
| Walleye Trading LLC | Added | $15.4m52.1k shares |
| Balyasny Asset Management L.P. | Unchanged | $14.8m50.0k shares |
| PEAK6 Investments LLC | Reduced | $13.4m45.4k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $13.3m45.0k shares |
| Point72 Asset Management, L.P. | Added | $10.3m35.0k shares |
| JANE STREET GROUP, LLC | Added | $9.1m30.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $56.7m191.9k shares |
| UBS Group AG | Added | $55.7m188.5k shares |
| Optiver Holding B.V. | Added | $55.0m186.2k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $46.1m156.0k shares |
| Monaco Asset Management SAM | Added | $32.5m110.0k shares |
| Eisler Capital (UK) Ltd. | Added | $24.1m81.4k shares |
| BANK OF AMERICA CORP /DE/ | New | $23.6m80.0k shares |
| Walleye Capital LLC | Added | $19.0m64.4k shares |
| BARCLAYS PLC | New | $17.7m60.0k shares |
| Balyasny Asset Management L.P. | Unchanged | $14.8m50.0k 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 Q3 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 Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BAILLIE GIFFORD & CO 1.94% of their portfolio | 7.2m $2.1bn | Reduced -27.5k |
| VANGUARD GROUP INC 0.03% of their portfolio | 4.4m $1.3bn | Added +61.1k |
| Amundi 0.47% of their portfolio | 3.1m $959.8m | Added +993.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.13% of their portfolio | 3.0m $873.8m | Reduced -1.1m |
| Bank of Italy 21.71% of their portfolio | 2.3m $680.3m | Unchanged |
| MORGAN STANLEY 0.05% of their portfolio | 1.7m $511.1m | Reduced -108.6k |
| JPMORGAN CHASE & CO 0.06% of their portfolio | 1.7m $503.9m | Reduced -202.0k |
| NORGES BANK 0.10% of their portfolio | 1.7m $493.4m | Added +28.8k |
| WCM INVESTMENT MANAGEMENT, LLC 1.45% of their portfolio | 1.7m $492.8m | Reduced -29.8k |
| Bank of New York Mellon Corp 0.11% of their portfolio | 1.6m $483.4m | Added +5.3k |
| ALLIANCEBERNSTEIN L.P. 0.20% of their portfolio | 1.6m $464.9m | Added +106.6k |
| FMR LLC 0.04% of their portfolio | 1.6m $461.1m | Reduced -436.0k |
| Capital Research Global Investors 0.10% of their portfolio | 1.3m $375.4m | Reduced -187.2k |
| BlackRock Inc. 0.01% of their portfolio | 1.2m $349.0m | Reduced -4.9k |
| Legal & General Group Plc 0.10% of their portfolio | 1.0m $297.3m | Added +993.0k |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 860.7k $254.4m | Reduced -31.4k |
| AKO CAPITAL LLP 3.90% of their portfolio | 807.9k $239.0m | Reduced -120.2k |
| Pictet Asset Management Holding SA 0.28% of their portfolio | 776.7k $230.0m | First filing |
| Capital World Investors 0.04% of their portfolio | 714.8k $210.7m | Added +189.0k |
| AXA S.A. 0.74% of their portfolio | 710.1k $209.9m | Added +33.6k |
| GOLDMAN SACHS GROUP INC 0.05% of their portfolio | 616.0k $182.1m | Reduced -397.5k |
| BARCLAYS PLC 0.12% of their portfolio | 614.3k $181.6m | Added +312.1k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.60% of their portfolio | 610.4k $180.4m | Reduced -118.6k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 591.4k $174.8m | Added +183.0k |
| MACQUARIE GROUP LTD 0.22% of their portfolio | 583.9k $172.6m | Reduced -14.7k |
| MARTIN CURRIE LTD 5.92% of their portfolio | 560.2k $165.5m | Reduced -14.9k |
| Alphinity Investment Management Pty Ltd 2.52% of their portfolio | 532.3k $157.6m | New |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 514.0k $152.2m | Reduced -353.9k |
| AustralianSuper Pty Ltd 0.98% of their portfolio | 511.6k $151.3m | Reduced -68.3k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 501.9k $148.3m | Reduced -21.5k |
| Banco Santander, S.A. 1.90% of their portfolio | 452.2k $133.8m | Added +184.1k |
| MARSHALL WACE, LLP 0.28% of their portfolio | 437.5k $129.6m | Added +80.4k |
| Swiss National Bank 0.10% of their portfolio | 415.0k $122.8m | Reduced -50.4k |
| CREDIT SUISSE AG/ 0.12% of their portfolio | 389.8k $115.2m | Added +952 |
| Balyasny Asset Management L.P. 0.29% of their portfolio | 354.2k $104.7m | Added +18.4k |
| TWO SIGMA INVESTMENTS, LP 0.27% of their portfolio | 326.5k $96.5m | Added +73.7k |
| State of Tennessee, Department of Treasury 0.37% of their portfolio | 307.9k $91.2m | Added +10.5k |
| DekaBank Deutsche Girozentrale 0.21% of their portfolio | 303.4k $89.8m | Added +63.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 290.7k $85.9m | Added +89.1k |
| JENNISON ASSOCIATES LLC 0.07% of their portfolio | 278.7k $82.4m | Added +15.2k |
| TD Asset Management Inc 0.10% of their portfolio | 273.7k $80.9m | Added +25.5k |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 270.6k $80.0m | Added +20.4k |
| CITIGROUP INC 0.11% of their portfolio | 269.2k $79.6m | Reduced -24.8k |
| FIL Ltd 0.09% of their portfolio | 266.8k $78.9m | Reduced -7.4k |
| TWO SIGMA ADVISERS, LP 0.20% of their portfolio | 265.4k $78.4m | Added +5.5k |
| Invesco Ltd. 0.02% of their portfolio | 255.9k $75.6m | Added +97.5k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 249.5k $75.4m | Added +45.3k |
| MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio | 231.0k $68.3m | Added +113.1k |
| Rheos Capital Works Inc. 4.06% of their portfolio | 228.2k $67.4m | Unchanged |
| Capital International Investors 0.02% of their portfolio | 226.1k $66.6m | Added +156.3k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.61% of their portfolio | 218.4k $64.6m | Reduced -37.8k |
| Allspring Global Investments Holdings, LLC 0.10% of their portfolio | 199.1k $58.8m | Reduced -21.6k |
| 1832 Asset Management L.P. 0.11% of their portfolio | 175.4k $51.8m | Reduced -68.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 171.9k $50.8m | Reduced -8.4k |
| Ensemble Capital Management, LLC 5.17% of their portfolio | 169.3k $50.0m | Reduced -5.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 149.1k $44.1m | Reduced -4.6k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 148.8k $44.1m | Reduced -90 |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 148.4k $43.9m | Reduced -20.9k |
| LORD, ABBETT & CO. LLC 0.08% of their portfolio | 147.3k $43.5m | Reduced -79.8k |
| RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio | 146.9k $43.4m | Reduced -211.2k |
| Compagnie Lombard Odier SCmA 1.00% of their portfolio | 146.0k $43.2m | Added +13.5k |
| UBS Group AG 0.02% of their portfolio | 145.7k $43.1m | Added +72.0k |
| NATIXIS ADVISORS, LLC 0.13% of their portfolio | 142.1k $42.0m | Reduced -1.9k |
| Douglas Lane & Associates, LLC 0.63% of their portfolio | 127.7k $37.7m | Reduced -5.2k |
| Baskin Financial Services Inc. 3.66% of their portfolio | 122.2k $36.1m | Reduced -1.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio | 121.5k $35.9m | Reduced -22.0k |
| MACKENZIE FINANCIAL CORP 0.06% of their portfolio | 121.0k $35.6m | Added +27.8k |
| BIGLARI CAPITAL CORP. 5.46% of their portfolio | 118.3k $35.0m | Unchanged |
| THORNBURG INVESTMENT MANAGEMENT INC 0.57% of their portfolio | 116.7k $34.5m | Reduced -3.2k |
| Lansing Management LP 37.47% of their portfolio | 111.0k $32.8m | Reduced -6.1k |
| CIBC Private Wealth Group LLC 0.08% of their portfolio | 110.4k $32.6m | Reduced -258.3k |
| JS Capital Management LLC 4.23% of their portfolio | 105.0k $31.0m | Reduced -5.0k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 103.6k $30.6m | Added +5.5k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 98.8k $29.5m | Reduced -5.4k |
| Optiver Holding B.V. 0.83% of their portfolio | 98.7k $29.2m | New |
| Korea Investment CORP 0.08% of their portfolio | 91.7k $27.1m | Added +2.6k |
| SANDS CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 87.9k $26.0m | Added +37.2k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 85.4k $25.2m | New |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 85.0k $25.1m | Added +7.7k |
| Qube Research & Technologies Ltd 0.07% of their portfolio | 84.6k $25.0m | Added +43.0k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 84.1k $24.8m | Added +22.1k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 82.4k $24.4m | Added +77.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 81.9k $24.2m | Reduced -476 |
| Aquamarine Zurich AG 11.66% of their portfolio | 80.0k $23.7m | Unchanged |
| CREDIT AGRICOLE S A 0.72% of their portfolio | 79.3k $23.4m | Added +37.1k |
| Capital International, Inc./CA/ 0.45% of their portfolio | 78.9k $23.3m | Added +21.2k |
| Pelham Capital Ltd. 10.95% of their portfolio | 77.8k $23.0m | New |
| AVIVA PLC 0.09% of their portfolio | 76.2k $22.6m | Added +68.7k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 70.7k $20.9m | Added +4.4k |
| FRED ALGER MANAGEMENT, LLC 0.12% of their portfolio | 69.1k $20.4m | Added +1.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio | 64.4k $19.1m | Added +6.2k |
| Cubist Systematic Strategies, LLC 0.23% of their portfolio | 63.5k $18.8m | Added +43.1k |
| Stony Point Capital LLC 6.18% of their portfolio | 61.6k $18.2m | Reduced -14.8k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 61.3k $18.1m | Reduced -3.5k |
| Zurich Insurance Group Ltd/FI 0.19% of their portfolio | 60.2k $17.8m | Added +27.6k |
| Janney Montgomery Scott LLC 0.06% of their portfolio | 57.5k $17.0m | Added +735 |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 46.2k $13.7m | Reduced -70.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 45.2k $13.4m | Reduced -26.4k |
| Public Sector Pension Investment Board 0.10% of their portfolio | 44.9k $13.3m | Added +150 |
| NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio | 44.7k $13.2m | Reduced -26.1k |