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 ($12.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $338.02. Options: 22 managers hold calls ($318.1m notional), 28 hold puts ($455.0m).
Trends to Q4 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 |
| Q4 2023 | 575 |
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 |
| Q4 2023 | 274 | 214 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $350.6m | $257.2m | 0.73 |
| Q2 2023 | $367.9m | $331.4m | 0.90 |
| Q3 2023 | $262.9m | $434.9m | 1.65 |
| Q4 2023 | $318.1m | $455.0m | 1.43 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +3.4m |
| BANK OF AMERICA CORP /DE/ | Added | +1.6m |
| MORGAN STANLEY | Added | +1.1m |
| GOLDMAN SACHS GROUP INC | Added | +727.4k |
| AXA S.A. | Added | +644.8k |
| Nuveen Asset Management, LLC | New | +522.9k |
| Alphinity Investment Management Pty Ltd | Added | +392.4k |
| MACKENZIE FINANCIAL CORP | Added | +209.0k |
| SANDS CAPITAL MANAGEMENT, LLC | Added | +132.9k |
| PDT Partners, LLC | Added | +129.4k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.0m |
| Amundi | Reduced | -675.2k |
| WCM INVESTMENT MANAGEMENT, LLC | Reduced | -558.0k |
| BAILLIE GIFFORD & CO | Reduced | -405.2k |
| Balyasny Asset Management L.P. | Sold out | -354.2k |
| FMR LLC | Reduced | -283.8k |
| AustralianSuper Pty Ltd | Reduced | -246.2k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -165.5k |
| Pictet Asset Management Holding SA | Reduced | -149.8k |
| LORD, ABBETT & CO. LLC | Sold out | -147.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $55.7m164.7k shares |
| CITADEL ADVISORS LLC | Reduced | $51.7m152.7k shares |
| UBS Group AG | Added | $44.0m130.0k shares |
| Optiver Holding B.V. | Added | $40.0m118.1k shares |
| PEAK6 Investments LLC | Added | $23.6m69.6k shares |
| GOLDMAN SACHS GROUP INC | Added | $23.0m68.0k shares |
| SIMPLEX TRADING, LLC | Added | $14.2m41.9k shares |
| WOLVERINE TRADING, LLC | Added | $13.4m39.5k shares |
| Walleye Trading LLC | Reduced | $11.0m32.5k shares |
| JANE STREET GROUP, LLC | Reduced | $9.1m26.8k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $61.3m181.0k shares |
| Optiver Holding B.V. | Reduced | $59.4m175.6k shares |
| CITADEL ADVISORS LLC | Reduced | $58.6m173.3k shares |
| UBS Group AG | Reduced | $41.5m122.5k shares |
| Monaco Asset Management SAM | Reduced | $33.8m100.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $30.5m90.0k shares |
| JPMORGAN CHASE & CO | Added | $25.7m75.8k shares |
| Walleye Capital LLC | Added | $25.4m75.1k shares |
| SIMPLEX TRADING, LLC | Added | $17.2m50.9k shares |
| JANE STREET GROUP, LLC | Added | $15.6m46.2k 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 Q4 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 Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BAILLIE GIFFORD & CO 1.81% of their portfolio | 6.8m $2.3bn | Reduced -405.2k |
| JPMORGAN CHASE & CO 0.09% of their portfolio | 5.1m $1.7bn | Added +3.4m |
| VANGUARD GROUP INC 0.03% of their portfolio | 4.5m $1.5bn | Added +46.9k |
| MORGAN STANLEY 0.04% of their portfolio | 2.8m $948.0m | Added +1.1m |
| BANK OF AMERICA CORP /DE/ 0.10% of their portfolio | 2.5m $848.4m | Added +1.6m |
| Amundi 0.37% of their portfolio | 2.4m $823.7m | Reduced -675.2k |
| Bank of Italy 25.07% of their portfolio | 2.3m $767.6m | Reduced -20.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.09% of their portfolio | 2.0m $660.9m | Reduced -1.0m |
| NORGES BANK 0.10% of their portfolio | 1.7m $572.5m | Added +30.6k |
| Bank of New York Mellon Corp 0.11% of their portfolio | 1.6m $548.0m | Reduced -16.3k |
| ALLIANCEBERNSTEIN L.P. 0.20% of their portfolio | 1.6m $526.6m | Reduced -17.1k |
| AXA S.A. 0.74% of their portfolio | 1.4m $458.6m | Added +644.8k |
| GOLDMAN SACHS GROUP INC 0.10% of their portfolio | 1.3m $454.7m | Added +727.4k |
| Capital Research Global Investors 0.11% of their portfolio | 1.3m $431.9m | Added +7.5k |
| FMR LLC 0.03% of their portfolio | 1.3m $430.7m | Reduced -283.8k |
| WCM INVESTMENT MANAGEMENT, LLC 1.03% of their portfolio | 1.1m $373.9m | Reduced -558.0k |
| BlackRock Inc. 0.01% of their portfolio | 1.1m $373.4m | Reduced -77.7k |
| Legal & General Group Plc 0.11% of their portfolio | 1.0m $340.3m | Added +5.1k |
| Alphinity Investment Management Pty Ltd 3.16% of their portfolio | 924.7k $311.7m | Added +392.4k |
| Capital World Investors 0.04% of their portfolio | 716.7k $241.6m | Added +1.9k |
| AKO CAPITAL LLP 3.35% of their portfolio | 697.6k $235.7m | Reduced -110.3k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 651.5k $220.5m | Added +60.1k |
| Pictet Asset Management Holding SA 0.23% of their portfolio | 626.9k $211.3m | Reduced -149.8k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.61% of their portfolio | 615.3k $208.2m | Added +4.9k |
| MACQUARIE GROUP LTD 0.23% of their portfolio | 575.7k $194.8m | Reduced -8.2k |
| Banco Santander, S.A. 2.19% of their portfolio | 550.3k $185.7m | Added +98.1k |
| MARTIN CURRIE LTD 5.97% of their portfolio | 537.5k $181.9m | Reduced -22.7k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 522.9k $176.3m | New |
| BARCLAYS PLC 0.09% of their portfolio | 510.3k $172.7m | Reduced -104.0k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 493.5k $167.0m | Reduced -8.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 435.5k $146.8m | Reduced -78.4k |
| Swiss National Bank 0.10% of their portfolio | 405.8k $137.1m | Reduced -9.3k |
| CREDIT SUISSE AG/ 0.13% of their portfolio | 394.6k $133.6m | Added +4.8k |
| MARSHALL WACE, LLP 0.22% of their portfolio | 345.0k $116.3m | Reduced -92.5k |
| State of Tennessee, Department of Treasury 0.44% of their portfolio | 330.7k $111.5m | Added +22.8k |
| MACKENZIE FINANCIAL CORP 0.17% of their portfolio | 329.9k $111.5m | Added +209.0k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 300.3k $101.6m | Added +29.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 294.4k $99.5m | Added +3.7k |
| TD Asset Management Inc 0.09% of their portfolio | 284.6k $96.3m | Added +10.9k |
| FIL Ltd 0.10% of their portfolio | 280.6k $94.6m | Added +13.8k |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 275.1k $93.6m | Reduced -28.3k |
| AustralianSuper Pty Ltd 0.54% of their portfolio | 265.4k $89.4m | Reduced -246.2k |
| Invesco Ltd. 0.02% of their portfolio | 261.7k $88.6m | Added +5.8k |
| Capital International Investors 0.02% of their portfolio | 251.8k $84.9m | Added +25.7k |
| UBS Group AG 0.03% of their portfolio | 248.3k $84.0m | Added +102.6k |
| JENNISON ASSOCIATES LLC 0.06% of their portfolio | 241.4k $81.7m | Reduced -37.3k |
| Rheos Capital Works Inc. 4.26% of their portfolio | 228.2k $77.2m | Unchanged |
| SANDS CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 220.8k $74.7m | Added +132.9k |
| TWO SIGMA ADVISERS, LP 0.16% of their portfolio | 208.0k $70.4m | Reduced -57.4k |
| CITIGROUP INC 0.09% of their portfolio | 202.9k $68.7m | Reduced -66.3k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 198.8k $67.4m | Reduced -50.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio | 166.4k $56.2m | Added +17.3k |
| CIBC Private Wealth Group LLC 0.12% of their portfolio | 161.0k $54.4m | Added +50.6k |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 161.0k $54.5m | Reduced -165.5k |
| PDT Partners, LLC 5.99% of their portfolio | 160.8k $54.2m | Added +129.4k |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 160.7k $54.4m | Reduced -38.3k |
| CREDIT AGRICOLE S A 1.12% of their portfolio | 159.4k $53.9m | Added +80.0k |
| Compagnie Lombard Odier SCmA 1.00% of their portfolio | 159.0k $53.6m | Added +13.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.20% of their portfolio | 152.9k $51.8m | Added +31.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.03% of their portfolio | 152.4k $51.5m | Reduced -19.5k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 148.4k $50.0m | Reduced -417 |
| Ensemble Capital Management, LLC 4.31% of their portfolio | 142.9k $48.4m | Reduced -26.4k |
| 1832 Asset Management L.P. 0.09% of their portfolio | 141.0k $47.7m | Reduced -34.4k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.38% of their portfolio | 137.0k $46.2m | Reduced -81.4k |
| NATIXIS ADVISORS, LLC 0.12% of their portfolio | 136.7k $46.2m | Reduced -5.5k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 131.1k $44.4m | Reduced -99.8k |
| BIGLARI CAPITAL CORP. 6.51% of their portfolio | 130.5k $44.2m | Added +12.2k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 126.3k $42.8m | Added +41.8k |
| Douglas Lane & Associates, LLC 0.63% of their portfolio | 120.8k $40.9m | Reduced -6.9k |
| Baskin Financial Services Inc. 3.67% of their portfolio | 120.1k $40.6m | Reduced -2.1k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.57% of their portfolio | 116.2k $39.3m | Reduced -515 |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 112.6k $38.1m | Added +9.0k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 105.8k $35.8m | Reduced -42.6k |
| JANE STREET GROUP, LLC 0.04% of their portfolio | 103.6k $35.0m | Added +18.5k |
| Lansing Management LP 36.34% of their portfolio | 100.5k $34.0m | Reduced -10.5k |
| JS Capital Management LLC 3.56% of their portfolio | 88.0k $29.8m | Reduced -17.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.11% of their portfolio | 86.8k $29.3m | Added +86.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 85.7k $29.0m | Added +3.8k |
| AVIVA PLC 0.10% of their portfolio | 85.3k $28.8m | Added +9.1k |
| Allianz Asset Management GmbH 0.05% of their portfolio | 83.9k $28.4m | Reduced -184 |
| Korea Investment CORP 0.07% of their portfolio | 83.6k $28.2m | Reduced -8.1k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 81.5k $27.6m | New |
| Aquamarine Zurich AG 11.78% of their portfolio | 80.0k $27.0m | Unchanged |
| Pelham Capital Ltd. 11.74% of their portfolio | 77.8k $26.3m | Unchanged |
| Capital International, Inc./CA/ 0.41% of their portfolio | 77.2k $26.0m | Reduced -1.7k |
| Quadrature Capital Ltd 0.46% of their portfolio | 75.5k $25.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 72.8k $24.6m | Reduced -74.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.09% of their portfolio | 72.6k $24.5m | Added +8.2k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 70.5k $23.9m | Reduced -28.2k |
| SAPIENT CAPITAL LLC 0.59% of their portfolio | 67.8k $22.8m | First filing |
| FRED ALGER MANAGEMENT, LLC 0.12% of their portfolio | 65.5k $22.2m | Reduced -3.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 64.0k $21.6m | Added +56.5k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 62.8k $21.2m | Added +1.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.04% of their portfolio | 61.9k $20.9m | Added +16.7k |
| Janney Montgomery Scott LLC 0.07% of their portfolio | 60.0k $20.3m | Added +2.5k |
| Stony Point Capital LLC 6.63% of their portfolio | 59.3k $20.1m | Reduced -2.2k |
| Zurich Insurance Group Ltd/FI 0.18% of their portfolio | 53.6k $18.1m | Reduced -6.6k |
| Bank Julius Baer & Co. Ltd, Zurich 0.07% of their portfolio | 48.9k $16.6m | New |
| Public Sector Pension Investment Board 0.12% of their portfolio | 45.1k $15.2m | Added +177 |
| Cubist Systematic Strategies, LLC 0.18% of their portfolio | 43.1k $14.6m | Reduced -20.4k |