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 ($15.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $434.99. Options: 27 managers hold calls ($547.5m notional), 27 hold puts ($597.8m).
Trends to Q1 2024
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 |
| Q1 2024 | 655 |
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 |
| Q1 2024 | 352 | 234 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $367.9m | $331.4m | 0.90 |
| Q3 2023 | $262.9m | $434.9m | 1.65 |
| Q4 2023 | $318.1m | $455.0m | 1.43 |
| Q1 2024 | $547.5m | $597.8m | 1.09 |
Biggest buyers
| MORGAN STANLEY | Added | +1.3m |
| Capital International Investors | Added | +791.6k |
| AMERIPRISE FINANCIAL INC | Added | +405.6k |
| Clearbridge Investments, LLC | Added | +374.7k |
| BlackRock Inc. | Added | +253.8k |
| Capital World Investors | Added | +245.9k |
| Capital International, Inc./CA/ | Added | +160.1k |
| Susquehanna International Securities, Ltd. | New | +105.2k |
| UBS Group AG | Added | +102.9k |
| BANK OF AMERICA CORP /DE/ | Added | +94.8k |
Biggest sellers
| Alphinity Investment Management Pty Ltd | Sold out | -924.7k |
| AXA S.A. | Reduced | -699.7k |
| BAILLIE GIFFORD & CO | Reduced | -666.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -471.9k |
| JPMORGAN CHASE & CO | Reduced | -466.4k |
| BARCLAYS PLC | Reduced | -298.0k |
| MACQUARIE GROUP LTD | Reduced | -174.3k |
| PDT Partners, LLC | Reduced | -137.0k |
| 1832 Asset Management L.P. | Reduced | -131.3k |
| NORTHERN TRUST CORP | Reduced | -114.0k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $94.0m215.7k shares |
| GOLDMAN SACHS GROUP INC | Added | $64.5m148.0k shares |
| JANE STREET GROUP, LLC | Added | $61.6m141.3k shares |
| CITADEL ADVISORS LLC | Reduced | $60.1m137.8k shares |
| BANK OF AMERICA CORP /DE/ | Added | $39.9m91.5k shares |
| Optiver Holding B.V. | Reduced | $28.9m66.4k shares |
| UBS Group AG | Reduced | $26.2m60.0k shares |
| PEAK6 Investments LLC | Reduced | $25.4m58.2k shares |
| GROUP ONE TRADING LLC | Added | $23.7m54.4k shares |
| SIMPLEX TRADING, LLC | Added | $23.5m54.0k shares |
Biggest puts
| Optiver Holding B.V. | Added | $97.6m223.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $82.3m188.7k shares |
| CITADEL ADVISORS LLC | Reduced | $71.2m163.4k shares |
| BANK OF AMERICA CORP /DE/ | Added | $61.0m140.0k shares |
| UBS Group AG | Reduced | $46.9m107.5k shares |
| GOLDMAN SACHS GROUP INC | Added | $41.4m95.0k shares |
| JPMORGAN CHASE & CO | Added | $39.2m90.0k shares |
| Eisler Capital (UK) Ltd. | Added | $25.3m58.0k shares |
| Walleye Capital LLC | Reduced | $22.5m51.7k shares |
| SIMPLEX TRADING, LLC | Added | $22.3m51.2k 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 Q1 2024
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 2024.
Holders, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BAILLIE GIFFORD & CO 2.08% of their portfolio | 6.1m $2.7bn | Reduced -666.6k |
| JPMORGAN CHASE & CO 0.09% of their portfolio | 4.6m $2.0bn | Reduced -466.4k |
| VANGUARD GROUP INC 0.04% of their portfolio | 4.5m $2.0bn | Added +61.6k |
| MORGAN STANLEY 0.05% of their portfolio | 4.1m $1.8bn | Added +1.3m |
| BANK OF AMERICA CORP /DE/ 0.11% of their portfolio | 2.6m $1.1bn | Added +94.8k |
| Amundi 0.43% of their portfolio | 2.4m $999.2m | Added +20.8k |
| Bank of Italy 27.52% of their portfolio | 2.3m $994.1m | Unchanged |
| NORGES BANK 0.12% of their portfolio | 1.7m $754.2m | Added +30.0k |
| ALLIANCEBERNSTEIN L.P. 0.25% of their portfolio | 1.6m $697.9m | Added +44.8k |
| Bank of New York Mellon Corp 0.13% of their portfolio | 1.6m $689.8m | Reduced -36.8k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.08% of their portfolio | 1.5m $645.6m | Reduced -471.9k |
| BlackRock Inc. 0.01% of their portfolio | 1.4m $591.6m | Added +253.8k |
| Capital Research Global Investors 0.13% of their portfolio | 1.3m $579.6m | Added +49.4k |
| GOLDMAN SACHS GROUP INC 0.12% of their portfolio | 1.3m $576.6m | Reduced -20.7k |
| FMR LLC 0.04% of their portfolio | 1.3m $558.3m | Added +4.7k |
| WCM INVESTMENT MANAGEMENT, LLC 1.11% of their portfolio | 1.1m $466.2m | Reduced -40.0k |
| Capital International Investors 0.09% of their portfolio | 1.0m $454.8m | Added +791.6k |
| Legal & General Group Plc 0.13% of their portfolio | 996.1k $434.5m | Reduced -13.0k |
| Capital World Investors 0.07% of their portfolio | 962.6k $419.5m | Added +245.9k |
| AKO CAPITAL LLP 4.25% of their portfolio | 689.0k $300.3m | Reduced -8.6k |
| DEUTSCHE BANK AG\ 0.14% of their portfolio | 666.9k $290.7m | Added +15.4k |
| AXA S.A. 0.86% of their portfolio | 655.2k $285.6m | Reduced -699.7k |
| Banco Santander, S.A. 3.31% of their portfolio | 630.1k $274.7m | Added +79.7k |
| Pictet Asset Management Holding SA 0.27% of their portfolio | 576.5k $251.6m | Reduced -50.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.64% of their portfolio | 564.1k $245.9m | Reduced -51.2k |
| MARTIN CURRIE LTD 7.05% of their portfolio | 526.0k $229.3m | Reduced -11.4k |
| Nuveen Asset Management, LLC 0.07% of their portfolio | 514.0k $224.3m | Reduced -8.9k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 511.4k $225.5m | Added +405.6k |
| MARSHALL WACE, LLP 0.31% of their portfolio | 425.7k $185.7m | Added +80.7k |
| MACQUARIE GROUP LTD 0.20% of their portfolio | 401.4k $175.0m | Reduced -174.3k |
| Clearbridge Investments, LLC 0.13% of their portfolio | 380.9k $166.1m | Added +374.7k |
| NORTHERN TRUST CORP 0.03% of their portfolio | 379.5k $165.4m | Reduced -114.0k |
| Swiss National Bank 0.11% of their portfolio | 375.0k $163.6m | Reduced -30.8k |
| CREDIT SUISSE AG/ 0.16% of their portfolio | 373.6k $162.9m | Reduced -21.0k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 371.1k $161.9m | Reduced -64.4k |
| UBS Group AG 0.05% of their portfolio | 351.3k $153.1m | Added +102.9k |
| State of Tennessee, Department of Treasury 0.54% of their portfolio | 334.4k $145.9m | Added +3.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio | 328.2k $143.1m | Added +33.8k |
| MACKENZIE FINANCIAL CORP 0.19% of their portfolio | 307.0k $133.9m | Reduced -22.9k |
| DekaBank Deutsche Girozentrale 0.24% of their portfolio | 295.6k $129.6m | Added +20.4k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 283.4k $123.6m | Reduced -16.9k |
| TD Asset Management Inc 0.11% of their portfolio | 281.9k $122.9m | Reduced -2.7k |
| Invesco Ltd. 0.03% of their portfolio | 280.1k $122.1m | Added +18.4k |
| JENNISON ASSOCIATES LLC 0.08% of their portfolio | 266.6k $116.2m | Added +25.2k |
| AustralianSuper Pty Ltd 0.67% of their portfolio | 262.1k $114.3m | Reduced -3.3k |
| CITIGROUP INC 0.11% of their portfolio | 239.2k $104.3m | Added +36.3k |
| FIL Ltd 0.10% of their portfolio | 239.2k $104.2m | Reduced -41.4k |
| Capital International, Inc./CA/ 1.40% of their portfolio | 237.3k $103.4m | Added +160.1k |
| SANDS CAPITAL MANAGEMENT, LLC 0.27% of their portfolio | 220.9k $96.3m | Added +106 |
| BARCLAYS PLC 0.04% of their portfolio | 212.3k $92.5m | Reduced -298.0k |
| Rheos Capital Works Inc. 3.90% of their portfolio | 186.7k $81.4m | Reduced -41.5k |
| TWO SIGMA ADVISERS, LP 0.19% of their portfolio | 184.6k $80.5m | Reduced -23.4k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 174.3k $76.7m | Reduced -24.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 161.6k $70.5m | Reduced -4.8k |
| CIBC Private Wealth Group LLC 0.13% of their portfolio | 155.0k $67.1m | Reduced -6.0k |
| BIGLARI CAPITAL CORP. 8.97% of their portfolio | 153.5k $66.9m | Added +23.0k |
| CREDIT AGRICOLE S A 1.08% of their portfolio | 153.1k $63.2m | Reduced -6.3k |
| Compagnie Lombard Odier SCmA 1.10% of their portfolio | 142.3k $62.1m | Reduced -16.6k |
| Russell Investments Group, Ltd. 0.10% of their portfolio | 139.7k $61.0m | Reduced -8.7k |
| NATIXIS ADVISORS, LLC 0.14% of their portfolio | 135.6k $59.1m | Reduced -1.0k |
| Allspring Global Investments Holdings, LLC 0.09% of their portfolio | 135.1k $58.9m | Reduced -25.6k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio | 133.3k $58.1m | Reduced -19.1k |
| Ensemble Capital Management, LLC 4.84% of their portfolio | 132.3k $57.7m | Reduced -10.6k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 129.3k $56.4m | Added +43.6k |
| TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio | 126.6k $55.2m | Reduced -34.4k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 121.3k $52.9m | Added +8.7k |
| Douglas Lane & Associates, LLC 0.73% of their portfolio | 119.0k $51.9m | Reduced -1.8k |
| Baskin Financial Services Inc. 4.33% of their portfolio | 118.5k $51.7m | Reduced -1.6k |
| Korea Investment CORP 0.12% of their portfolio | 111.4k $48.6m | Added +27.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.05% of their portfolio | 107.3k $46.8m | Added +43.3k |
| Susquehanna International Securities, Ltd. 18.31% of their portfolio | 105.2k $45.9m | New |
| AVIVA PLC 0.15% of their portfolio | 101.7k $44.4m | Added +16.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.16% of their portfolio | 97.8k $42.6m | Reduced -55.1k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 95.0k $41.4m | Added +11.1k |
| Lansing Management LP 34.90% of their portfolio | 82.4k $35.9m | Reduced -18.0k |
| HSBC HOLDINGS PLC 0.03% of their portfolio | 81.9k $35.7m | Added +365 |
| THORNBURG INVESTMENT MANAGEMENT INC 0.49% of their portfolio | 80.8k $35.2m | Reduced -35.5k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 77.9k $34.0m | Added +7.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.12% of their portfolio | 77.8k $33.9m | Added +5.1k |
| Capital Group Private Client Services, Inc. 0.31% of their portfolio | 70.0k $30.5m | New |
| Zurich Insurance Group Ltd/FI 0.28% of their portfolio | 69.6k $30.3m | Added +15.9k |
| SAPIENT CAPITAL LLC 0.65% of their portfolio | 67.6k $29.5m | Reduced -125 |
| Janney Montgomery Scott LLC 0.09% of their portfolio | 66.1k $28.8m | Added +6.1k |
| BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp 0.19% of their portfolio | 62.7k $27.3m | Reduced -74.4k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 62.3k $27.2m | Reduced -434 |
| CANADA PENSION PLAN INVESTMENT BOARD 0.03% of their portfolio | 62.1k $27.1m | Added +42.3k |
| Aquamarine Zurich AG 9.99% of their portfolio | 60.0k $26.2m | Reduced -20.0k |
| Stony Point Capital LLC 8.11% of their portfolio | 56.7k $24.7m | Reduced -2.7k |
| Public Sector Pension Investment Board 0.16% of their portfolio | 50.0k $21.8m | Added +4.9k |
| RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio | 49.6k $21.6m | Added +19.1k |
| Optiver Holding B.V. 0.87% of their portfolio | 48.1k $21.0m | New |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 47.5k $20.7m | Added +10.6k |
| Quadrature Capital Ltd 0.35% of their portfolio | 47.4k $20.7m | Reduced -28.1k |
| Bank Julius Baer & Co. Ltd, Zurich 0.07% of their portfolio | 47.3k $19.5m | Reduced -1.7k |
| JUPITER ASSET MANAGEMENT LTD 0.19% of their portfolio | 46.2k $20.2m | New |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.02% of their portfolio | 38.6k $16.9m | New |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.04% of their portfolio | 38.0k $16.6m | Reduced -1.8k |
| FRED ALGER MANAGEMENT, LLC 0.08% of their portfolio | 36.9k $16.1m | Reduced -28.6k |
| Dakota Wealth Management 0.40% of their portfolio | 36.7k $16.0m | Added +7.6k |
| GROUPAMA ASSET MANAGMENT 0.29% of their portfolio | 36.2k $15.8m | New |