Vault-13

FERRARI N V RACE

COM · Common Stock · CUSIP N3167Y103

Dutch holding company that controls Ferrari

525 institutional holders +8 vs Q2 2023
57,718,78057.7m shares reported held*
$17.1bnreported value*
57 new 190 added 156 reduced 51 sold out net bought ≈ $198.4m (+650.0k 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 ($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

0200400600Q3 22: 404Q4 22: 441Q1 23: 475Q2 23: 517Q3 23: 525525Q3 22Q4 22Q1 23Q2 23Q3 23
Numbers
QuarterHolders
Q3 2022404
Q4 2022441
Q1 2023475
Q2 2023517
Q3 2023525

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 23Q3 23: 247 bought or addedQ3 23: 207 cut or sold outQ3 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022192186
Q1 2023216192
Q2 2023245211
Q3 2023247207

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ4 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 0.90Q3 23 calls: $262.9mQ3 23 puts: $434.9mQ3 23P/C 1.65
Numbers
QuarterCallsPutsP/C
Q4 2022$153.9m$242.5m1.58
Q1 2023$350.6m$257.2m0.73
Q2 2023$367.9m$331.4m0.90
Q3 2023$262.9m$434.9m1.65

Biggest buyers

Amundi Added +993,247+993.2k
Legal & General Group Plc Added +993,044+993.0k
Alphinity Investment Management Pty Ltd New +532,261+532.3k
BARCLAYS PLC Added +312,054+312.1k
Capital World Investors Added +189,028+189.0k
Banco Santander, S.A. Added +184,078+184.1k
DEUTSCHE BANK AG\ Added +183,000+183.0k
Capital International Investors Added +156,287+156.3k
MILLENNIUM MANAGEMENT LLC Added +113,079+113.1k
ALLIANCEBERNSTEIN L.P. Added +106,551+106.6k

Biggest sellers

PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,081,168-1.1m
FMR LLC Reduced -435,979-436.0k
GOLDMAN SACHS GROUP INC Reduced -397,514-397.5k
WELLINGTON MANAGEMENT GROUP LLP Reduced -353,922-353.9k
CIBC Private Wealth Group LLC Reduced -258,253-258.3k
RENAISSANCE TECHNOLOGIES LLC Reduced -211,221-211.2k
JPMORGAN CHASE & CO Reduced -202,023-202.0k
Capital Research Global Investors Reduced -187,238-187.2k
Twin Tree Management, LP Reduced -159,938-159.9k
AKO CAPITAL LLP Reduced -120,186-120.2k

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.

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 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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAILLIE GIFFORD & CO 1.94% of their portfolio EDINBURGH, X0 7,185,9167.2m $2.1bn $2.1bn 1.94% Reduced -27.5k -27,489
2 VANGUARD GROUP INC 0.03% of their portfolio Valley Forge, PA 4,441,4084.4m $1.3bn $1.3bn 0.03% Added +61.1k +61,132
3 Amundi 0.47% of their portfolio Paris, I0 3,076,1213.1m $959.8m $959.8m 0.47% Added +993.2k +993,247
4 PRICE T ROWE ASSOCIATES INC /MD/ 0.13% of their portfolio BALTIMORE, MD 2,956,7213.0m $873.8m $873.8m 0.13% Reduced -1.1m -1,081,168
5 Bank of Italy 21.71% of their portfolio ROME, L6 2,295,9032.3m $680.3m $680.3m 21.71% Unchanged
6 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 1,729,4171.7m $511.1m $511.1m 0.05% Reduced -108.6k -108,581
7 JPMORGAN CHASE & CO 0.06% of their portfolio NEW YORK, NY 1,705,0811.7m $503.9m $503.9m 0.06% Reduced -202.0k -202,023
8 NORGES BANK 0.10% of their portfolio OSLO, Q8 1,668,3711.7m $493.4m $493.4m 0.10% Added +28.8k +28,836
9 WCM INVESTMENT MANAGEMENT, LLC 1.45% of their portfolio LAGUNA BEACH, CA 1,667,5451.7m $492.8m $492.8m 1.45% Reduced -29.8k -29,808
10 Bank of New York Mellon Corp 0.11% of their portfolio NEW YORK, NY 1,635,5011.6m $483.4m $483.4m 0.11% Added +5.3k +5,310
11 ALLIANCEBERNSTEIN L.P. 0.20% of their portfolio NASHVILLE, TN 1,573,1781.6m $464.9m $464.9m 0.20% Added +106.6k +106,551
12 FMR LLC 0.04% of their portfolio BOSTON, MA 1,559,7851.6m $461.1m $461.1m 0.04% Reduced -436.0k -435,979
13 Capital Research Global Investors 0.10% of their portfolio Los Angeles, CA 1,272,8961.3m $375.4m $375.4m 0.10% Reduced -187.2k -187,238
14 BlackRock Inc. 0.01% of their portfolio New York, NY 1,180,8921.2m $349.0m $349.0m 0.01% Reduced -4.9k -4,890
15 Legal & General Group Plc 0.10% of their portfolio London, X0 1,004,0941.0m $297.3m $297.3m 0.10% Added +993.0k +993,044
16 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 860,706860.7k $254.4m $254.4m 0.03% Reduced -31.4k -31,377
17 AKO CAPITAL LLP 3.90% of their portfolio LONDON, X0 807,909807.9k $239.0m $239.0m 3.90% Reduced -120.2k -120,186
18 Pictet Asset Management Holding SA 0.28% of their portfolio CAROUGE, V8 776,690776.7k $230.0m $230.0m 0.28% First filing
19 Capital World Investors 0.04% of their portfolio LOS ANGELES, CA 714,833714.8k $210.7m $210.7m 0.04% Added +189.0k +189,028
20 AXA S.A. 0.74% of their portfolio PARIS, I0 710,145710.1k $209.9m $209.9m 0.74% Added +33.6k +33,641
21 GOLDMAN SACHS GROUP INC 0.05% of their portfolio NEW YORK, NY 616,043616.0k $182.1m $182.1m 0.05% Reduced -397.5k -397,514
22 BARCLAYS PLC 0.12% of their portfolio LONDON, X0 614,304614.3k $181.6m $181.6m 0.12% Added +312.1k +312,054
23 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.60% of their portfolio CHICAGO, IL 610,429610.4k $180.4m $180.4m 0.60% Reduced -118.6k -118,598
24 DEUTSCHE BANK AG\ 0.11% of their portfolio FRANKFURT AM MAIN, 2M 591,378591.4k $174.8m $174.8m 0.11% Added +183.0k +183,000
25 MACQUARIE GROUP LTD 0.22% of their portfolio Sydney, NSW 2000, C3 583,868583.9k $172.6m $172.6m 0.22% Reduced -14.7k -14,667
26 MARTIN CURRIE LTD 5.92% of their portfolio EDINBURGH, X0 560,164560.2k $165.5m $165.5m 5.92% Reduced -14.9k -14,886
27 Alphinity Investment Management Pty Ltd 2.52% of their portfolio Sydney, C3 532,261532.3k $157.6m $157.6m 2.52% New
28 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 513,982514.0k $152.2m $152.2m 0.03% Reduced -353.9k -353,922
29 AustralianSuper Pty Ltd 0.98% of their portfolio MELBOURNE, C3 511,575511.6k $151.3m $151.3m 0.98% Reduced -68.3k -68,276
30 NORTHERN TRUST CORP 0.03% of their portfolio CHICAGO, IL 501,907501.9k $148.3m $148.3m 0.03% Reduced -21.5k -21,516
31 Banco Santander, S.A. 1.90% of their portfolio Madrid, U3 452,217452.2k $133.8m $133.8m 1.90% Added +184.1k +184,078
32 MARSHALL WACE, LLP 0.28% of their portfolio LONDON, X0 437,548437.5k $129.6m $129.6m 0.28% Added +80.4k +80,367
33 Swiss National Bank 0.10% of their portfolio ZURICH, V8 415,032415.0k $122.8m $122.8m 0.10% Reduced -50.4k -50,369
34 CREDIT SUISSE AG/ 0.12% of their portfolio ZURICH, V8 389,844389.8k $115.2m $115.2m 0.12% Added +952 +952
35 Balyasny Asset Management L.P. 0.29% of their portfolio Chicago, IL 354,234354.2k $104.7m $104.7m 0.29% Added +18.4k +18,427
36 TWO SIGMA INVESTMENTS, LP 0.27% of their portfolio NEW YORK, NY 326,474326.5k $96.5m $96.5m 0.27% Added +73.7k +73,683
37 State of Tennessee, Department of Treasury 0.37% of their portfolio NASHVILLE, TN 307,898307.9k $91.2m $91.2m 0.37% Added +10.5k +10,538
38 DekaBank Deutsche Girozentrale 0.21% of their portfolio FRANKFURT, 2M 303,430303.4k $89.8m $89.8m 0.21% Added +63.5k +63,548
39 ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio Berwyn, PA 290,694290.7k $85.9m $85.9m 0.04% Added +89.1k +89,130
40 JENNISON ASSOCIATES LLC 0.07% of their portfolio NEW YORK, NY 278,721278.7k $82.4m $82.4m 0.07% Added +15.2k +15,214
41 TD Asset Management Inc 0.10% of their portfolio Toronto, A6 273,696273.7k $80.9m $80.9m 0.10% Added +25.5k +25,543
42 ROYAL BANK OF CANADA 0.02% of their portfolio TORONTO, A6 270,647270.6k $80.0m $80.0m 0.02% Added +20.4k +20,419
43 CITIGROUP INC 0.11% of their portfolio NEW YORK, NY 269,220269.2k $79.6m $79.6m 0.11% Reduced -24.8k -24,834
44 FIL Ltd 0.09% of their portfolio HAMILTON, D0 266,826266.8k $78.9m $78.9m 0.09% Reduced -7.4k -7,443
45 TWO SIGMA ADVISERS, LP 0.20% of their portfolio NEW YORK, NY 265,400265.4k $78.4m $78.4m 0.20% Added +5.5k +5,500
46 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 255,857255.9k $75.6m $75.6m 0.02% Added +97.5k +97,546
47 BANK OF MONTREAL /CAN/ 0.03% of their portfolio TORONTO, A6 249,469249.5k $75.4m $75.4m 0.03% Added +45.3k +45,289
48 MILLENNIUM MANAGEMENT LLC 0.07% of their portfolio NEW YORK, NY 230,960231.0k $68.3m $68.3m 0.07% Added +113.1k +113,079
49 Rheos Capital Works Inc. 4.06% of their portfolio Tokyo, M0 228,200228.2k $67.4m $67.4m 4.06% Unchanged
50 Capital International Investors 0.02% of their portfolio Los Angeles, CA 226,089226.1k $66.6m $66.6m 0.02% Added +156.3k +156,287
51 BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.61% of their portfolio VICTORIA, A1 218,442218.4k $64.6m $64.6m 0.61% Reduced -37.8k -37,810
52 Allspring Global Investments Holdings, LLC 0.10% of their portfolio CHARLOTTE, NC 199,090199.1k $58.8m $58.8m 0.10% Reduced -21.6k -21,604
53 1832 Asset Management L.P. 0.11% of their portfolio TORONTO, A6 175,438175.4k $51.8m $51.8m 0.11% Reduced -68.8k -68,772
54 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio Toronto, A6 171,888171.9k $50.8m $50.8m 0.03% Reduced -8.4k -8,351
55 Ensemble Capital Management, LLC 5.17% of their portfolio San Francisco, CA 169,349169.3k $50.0m $50.0m 5.17% Reduced -5.0k -5,019
56 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 149,116149.1k $44.1m $44.1m 0.04% Reduced -4.6k -4,636
57 Russell Investments Group, Ltd. 0.09% of their portfolio Seattle, WA 148,818148.8k $44.1m $44.1m 0.09% Reduced -90 -90
58 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 148,416148.4k $43.9m $43.9m 0.01% Reduced -20.9k -20,879
59 LORD, ABBETT & CO. LLC 0.08% of their portfolio JERSEY CITY, NJ 147,314147.3k $43.5m $43.5m 0.08% Reduced -79.8k -79,758
60 RENAISSANCE TECHNOLOGIES LLC 0.07% of their portfolio NEW YORK, NY 146,900146.9k $43.4m $43.4m 0.07% Reduced -211.2k -211,221
61 Compagnie Lombard Odier SCmA 1.00% of their portfolio 1204 GENEVA, V8 146,024146.0k $43.2m $43.2m 1.00% Added +13.5k +13,521
62 UBS Group AG 0.02% of their portfolio ZURICH, V8 145,747145.7k $43.1m $43.1m 0.02% Added +72.0k +72,045
63 NATIXIS ADVISORS, LLC 0.13% of their portfolio Boston, MA 142,147142.1k $42.0m $42.0m 0.13% Reduced -1.9k -1,856
64 Douglas Lane & Associates, LLC 0.63% of their portfolio NEW YORK, NY 127,657127.7k $37.7m $37.7m 0.63% Reduced -5.2k -5,225
65 Baskin Financial Services Inc. 3.66% of their portfolio TORONTO, A6 122,199122.2k $36.1m $36.1m 3.66% Reduced -1.3k -1,320
66 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.18% of their portfolio JUPITER, FL 121,539121.5k $35.9m $35.9m 0.18% Reduced -22.0k -21,983
67 MACKENZIE FINANCIAL CORP 0.06% of their portfolio TORONTO ONTARIO, A6 120,961121.0k $35.6m $35.6m 0.06% Added +27.8k +27,846
68 BIGLARI CAPITAL CORP. 5.46% of their portfolio San Antonio, TX 118,300118.3k $35.0m $35.0m 5.46% Unchanged
69 THORNBURG INVESTMENT MANAGEMENT INC 0.57% of their portfolio SANTA FE, NM 116,739116.7k $34.5m $34.5m 0.57% Reduced -3.2k -3,202
70 Lansing Management LP 37.47% of their portfolio NEW YORK, NY 110,953111.0k $32.8m $32.8m 37.47% Reduced -6.1k -6,127
71 CIBC Private Wealth Group LLC 0.08% of their portfolio ATLANTA, GA 110,389110.4k $32.6m $32.6m 0.08% Reduced -258.3k -258,253
72 JS Capital Management LLC 4.23% of their portfolio NEW YORK, NY 105,000105.0k $31.0m $31.0m 4.23% Reduced -5.0k -5,000
73 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 103,619103.6k $30.6m $30.6m 0.01% Added +5.5k +5,544
74 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 98,77798.8k $29.5m $29.5m 0.02% Reduced -5.4k -5,385
75 Optiver Holding B.V. 0.83% of their portfolio AMSTERDAM, P7 98,69398.7k $29.2m $29.2m 0.83% New
76 Korea Investment CORP 0.08% of their portfolio SEOUL, M5 91,67791.7k $27.1m $27.1m 0.08% Added +2.6k +2,610
77 SANDS CAPITAL MANAGEMENT, LLC 0.09% of their portfolio ARLINGTON, VA 87,94487.9k $26.0m $26.0m 0.09% Added +37.2k +37,154
78 Point72 Asset Management, L.P. 0.09% of their portfolio STAMFORD, CT 85,39885.4k $25.2m $25.2m 0.09% New
79 JANE STREET GROUP, LLC 0.04% of their portfolio NEW YORK, NY 85,01185.0k $25.1m $25.1m 0.04% Added +7.7k +7,714
80 Qube Research & Technologies Ltd 0.07% of their portfolio LONDON, X0 84,56684.6k $25.0m $25.0m 0.07% Added +43.0k +42,974
81 Allianz Asset Management GmbH 0.05% of their portfolio MUNICH, 2M 84,05384.1k $24.8m $24.8m 0.05% Added +22.1k +22,069
82 Assenagon Asset Management S.A. 0.09% of their portfolio SENNINGERBERG, N4 82,42182.4k $24.4m $24.4m 0.09% Added +77.4k +77,438
83 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 81,92981.9k $24.2m $24.2m 0.01% Reduced -476 -476
84 Aquamarine Zurich AG 11.66% of their portfolio ZURICH, V8 80,00080.0k $23.7m $23.7m 11.66% Unchanged
85 CREDIT AGRICOLE S A 0.72% of their portfolio Montrouge Cedex, I0 79,33479.3k $23.4m $23.4m 0.72% Added +37.1k +37,125
86 Capital International, Inc./CA/ 0.45% of their portfolio Los Angeles, CA 78,89678.9k $23.3m $23.3m 0.45% Added +21.2k +21,155
87 Pelham Capital Ltd. 10.95% of their portfolio LONDON, X0 77,75077.8k $23.0m $23.0m 10.95% New
88 AVIVA PLC 0.09% of their portfolio LONDON, X0 76,22576.2k $22.6m $22.6m 0.09% Added +68.7k +68,694
89 CITADEL ADVISORS LLC 0.02% of their portfolio MIAMI, FL 70,69970.7k $20.9m $20.9m 0.02% Added +4.4k +4,363
90 FRED ALGER MANAGEMENT, LLC 0.12% of their portfolio NEW YORK, NY 69,11169.1k $20.4m $20.4m 0.12% Added +1.5k +1,464
91 Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio ZURICH, V8 64,42464.4k $19.1m $19.1m 0.08% Added +6.2k +6,177
92 Cubist Systematic Strategies, LLC 0.23% of their portfolio STAMFORD, CT 63,46963.5k $18.8m $18.8m 0.23% Added +43.1k +43,144
93 Stony Point Capital LLC 6.18% of their portfolio NEW YORK, NY 61,56461.6k $18.2m $18.2m 6.18% Reduced -14.8k -14,840
94 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 61,32261.3k $18.1m $18.1m 0.03% Reduced -3.5k -3,505
95 Zurich Insurance Group Ltd/FI 0.19% of their portfolio ZURICH, V8 60,23360.2k $17.8m $17.8m 0.19% Added +27.6k +27,619
96 Janney Montgomery Scott LLC 0.06% of their portfolio PHILADELPHIA, PA 57,52757.5k $17.0m $17.0m 0.06% Added +735 +735
97 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 46,15746.2k $13.7m $13.7m 0.01% Reduced -70.4k -70,372
98 BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio PARIS, I0 45,19645.2k $13.4m $13.4m 0.03% Reduced -26.4k -26,380
99 Public Sector Pension Investment Board 0.10% of their portfolio MONTREAL, A8 44,94844.9k $13.3m $13.3m 0.10% Added +150 +150
100 NEW YORK STATE COMMON RETIREMENT FUND 0.02% of their portfolio ALBANY, NY 44,70244.7k $13.2m $13.2m 0.02% Reduced -26.1k -26,105