Vault-13

FERRARI N V RACE

COM · Common Stock · CUSIP N3167Y103

Dutch holding company that controls Ferrari

657 institutional holders +2 vs Q1 2024
58,466,41858.5m shares reported held*
$23.9bnreported value*
59 new 254 added 215 reduced 60 sold out net sold ≈ $1.2bn (-2.9m 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 ($15.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $408.84. Options: 26 managers hold calls ($358.1m notional), 29 hold puts ($479.6m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 404Q4 22: 441Q1 23: 475Q2 23: 517Q3 23: 525Q4 23: 575Q1 24: 655Q2 24: 657657Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022404
Q4 2022441
Q1 2023475
Q2 2023517
Q3 2023525
Q4 2023575
Q1 2024655
Q2 2024657

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 outQ2 23: 245 bought or addedQ2 23: 211 cut or sold outQ2 23Q3 23: 247 bought or addedQ3 23: 207 cut or sold outQ4 23: 274 bought or addedQ4 23: 214 cut or sold outQ4 23Q1 24: 352 bought or addedQ1 24: 234 cut or sold outQ2 24: 313 bought or addedQ2 24: 275 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022192186
Q1 2023216192
Q2 2023245211
Q3 2023247207
Q4 2023274214
Q1 2024352234
Q2 2024313275

Calls vs puts

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

CallsPuts
$0$200m$400m$600mQ3 23 calls: $262.9mQ3 23 puts: $434.9mQ3 23P/C 1.65Q4 23 calls: $318.1mQ4 23 puts: $455.0mQ4 23P/C 1.43Q1 24 calls: $547.5mQ1 24 puts: $597.8mQ1 24P/C 1.09Q2 24 calls: $358.1mQ2 24 puts: $479.6mQ2 24P/C 1.34
Numbers
QuarterCallsPutsP/C
Q3 2023$262.9m$434.9m1.65
Q4 2023$318.1m$455.0m1.43
Q1 2024$547.5m$597.8m1.09
Q2 2024$358.1m$479.6m1.34

Biggest buyers

AXA S.A. Added +622,593+622.6k
MARSHALL WACE, LLP Added +461,409+461.4k
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC New +343,011+343.0k
BlackRock Inc. Added +165,699+165.7k
LORD, ABBETT & CO. LLC New +162,448+162.4k
CREDIT AGRICOLE S A Added +152,676+152.7k
Clearbridge Investments, LLC Added +98,225+98.2k
BNP PARIBAS FINANCIAL MARKETS Added +94,251+94.3k
NORGES BANK Added +94,164+94.2k
Quadrature Capital Ltd Added +78,539+78.5k

Biggest sellers

MORGAN STANLEY Reduced -2,705,432-2.7m
JPMORGAN CHASE & CO Reduced -766,648-766.6k
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -406,495-406.5k
AustralianSuper Pty Ltd Reduced -254,848-254.8k
Banco Santander, S.A. Reduced -230,296-230.3k
Capital Research Global Investors Reduced -209,434-209.4k
WCM INVESTMENT MANAGEMENT, LLC Reduced -133,490-133.5k
FMR LLC Reduced -130,744-130.7k
Rheos Capital Works Inc. Reduced -101,000-101.0k
BAILLIE GIFFORD & CO Reduced -94,819-94.8k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $88.1m215.8k shares
CITADEL ADVISORS LLC Reduced $44.2m108.3k shares
UBS Group AG Added $30.6m75.0k shares
GOLDMAN SACHS GROUP INC Reduced $27.8m68.0k shares
BANK OF AMERICA CORP /DE/ Reduced $25.1m61.5k shares
Optiver Holding B.V. Reduced $20.5m50.1k shares
JPMORGAN CHASE & CO Added $20.4m50.0k shares
IMC-Chicago, LLC Added $14.1m34.5k shares
SIMPLEX TRADING, LLC Reduced $12.9m31.7k shares
JANE STREET GROUP, LLC Reduced $12.0m29.3k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $73.6m180.3k shares
CITADEL ADVISORS LLC Reduced $55.4m135.6k shares
Optiver Holding B.V. Reduced $51.1m125.2k shares
BANK OF AMERICA CORP /DE/ Reduced $40.8m100.0k shares
GOLDMAN SACHS GROUP INC Unchanged $38.8m95.0k shares
UBS Group AG Reduced $31.6m77.5k shares
Eisler Capital (UK) Ltd. Added $23.9m58.7k shares
BANK OF MONTREAL /CAN/ New $23.1m54.4k shares
Jefferies Financial Group Inc. New $20.4m50.0k shares
IMC-Chicago, LLC Added $16.6m40.7k 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 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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BAILLIE GIFFORD & CO 1.91% of their portfolio EDINBURGH, X0 6,019,3466.0m $2.5bn $2.5bn 1.91% Reduced -94.8k -94,819
2 VANGUARD GROUP INC 0.04% of their portfolio Valley Forge, PA 4,589,9904.6m $1.9bn $1.9bn 0.04% Added +40.1k +40,056
3 JPMORGAN CHASE & CO 0.07% of their portfolio NEW YORK, NY 3,847,5743.8m $1.6bn $1.6bn 0.07% Reduced -766.6k -766,648
4 BANK OF AMERICA CORP /DE/ 0.10% of their portfolio CHARLOTTE, NC 2,601,1512.6m $1.1bn $1.1bn 0.10% Reduced -505 -505
5 Amundi 0.39% of their portfolio Paris, I0 2,414,5142.4m $1.0bn $1.0bn 0.39% Reduced -7.1k -7,137
6 Bank of Italy 35.17% of their portfolio ROME, L6 2,275,9452.3m $927.5m $927.5m 35.17% Unchanged
7 NORGES BANK 0.11% of their portfolio OSLO, Q8 1,823,1361.8m $743.7m $743.7m 0.11% Added +94.2k +94,164
8 ALLIANCEBERNSTEIN L.P. 0.23% of their portfolio NASHVILLE, TN 1,639,5311.6m $669.5m $669.5m 0.23% Added +38.7k +38,659
9 Bank of New York Mellon Corp 0.12% of their portfolio NEW YORK, NY 1,579,6271.6m $645.1m $645.1m 0.12% Reduced -2.7k -2,700
10 BlackRock Inc. 0.01% of their portfolio New York, NY 1,522,7161.5m $621.8m $621.8m 0.01% Added +165.7k +165,699
11 MORGAN STANLEY 0.04% of their portfolio NEW YORK, NY 1,403,4131.4m $573.1m $573.1m 0.04% Reduced -2.7m -2,705,432
12 GOLDMAN SACHS GROUP INC 0.10% of their portfolio NEW YORK, NY 1,299,0861.3m $530.5m $530.5m 0.10% Reduced -23.7k -23,672
13 AXA S.A. 0.78% of their portfolio PARIS, I0 1,277,8381.3m $521.8m $521.8m 0.78% Added +622.6k +622,593
14 FMR LLC 0.03% of their portfolio BOSTON, MA 1,149,9931.1m $469.1m $469.1m 0.03% Reduced -130.7k -130,744
15 Capital Research Global Investors 0.10% of their portfolio Los Angeles, CA 1,120,2801.1m $457.8m $457.8m 0.10% Reduced -209.4k -209,434
16 Capital International Investors 0.09% of their portfolio Los Angeles, CA 1,093,2611.1m $447.1m $447.1m 0.09% Added +49.8k +49,838
17 PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio BALTIMORE, MD 1,074,3631.1m $438.7m $438.7m 0.05% Reduced -406.5k -406,495
18 Legal & General Group Plc 0.12% of their portfolio London, X0 1,017,7981.0m $415.3m $415.3m 0.12% Added +21.7k +21,671
19 Capital World Investors 0.06% of their portfolio LOS ANGELES, CA 966,371966.4k $395.1m $395.1m 0.06% Added +3.8k +3,788
20 WCM INVESTMENT MANAGEMENT, LLC 0.91% of their portfolio LAGUNA BEACH, CA 936,030936.0k $383.3m $383.3m 0.91% Reduced -133.5k -133,490
21 MARSHALL WACE, LLP 0.51% of their portfolio LONDON, X0 887,108887.1k $362.0m $362.0m 0.51% Added +461.4k +461,409
22 DEUTSCHE BANK AG\ 0.13% of their portfolio FRANKFURT AM MAIN, 2M 698,175698.2k $285.1m $285.1m 0.13% Added +31.2k +31,235
23 AKO CAPITAL LLP 3.79% of their portfolio LONDON, X0 675,090675.1k $275.4m $275.4m 3.79% Reduced -13.9k -13,878
24 Pictet Asset Management Holding SA 0.26% of their portfolio CAROUGE, V8 560,297560.3k $228.7m $228.7m 0.26% Reduced -16.2k -16,229
25 WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.55% of their portfolio CHICAGO, IL 509,566509.6k $208.1m $208.1m 0.55% Reduced -54.6k -54,554
26 AMERIPRISE FINANCIAL INC 0.05% of their portfolio MINNEAPOLIS, MN 493,960494.0k $200.9m $200.9m 0.05% Reduced -17.5k -17,454
27 Clearbridge Investments, LLC 0.16% of their portfolio NEW YORK, NY 479,135479.1k $195.7m $195.7m 0.16% Added +98.2k +98,225
28 Nuveen Asset Management, LLC 0.06% of their portfolio CHICAGO, IL 461,842461.8k $188.4m $188.4m 0.06% Reduced -52.2k -52,155
29 MARTIN CURRIE LTD 6.35% of their portfolio EDINBURGH, X0 433,461433.5k $177.0m $177.0m 6.35% Reduced -92.6k -92,585
30 Banco Santander, S.A. 2.02% of their portfolio Madrid, U3 399,786399.8k $163.3m $163.3m 2.02% Reduced -230.3k -230,296
31 Swiss National Bank 0.11% of their portfolio ZURICH, V8 375,943375.9k $153.1m $153.1m 0.11% Added +956 +956
32 TD Asset Management Inc 0.14% of their portfolio Toronto, A6 357,205357.2k $145.9m $145.9m 0.14% Added +75.3k +75,282
33 WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio Boston, MA 352,486352.5k $143.8m $143.8m 0.03% Reduced -18.6k -18,623
34 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 352,324352.3k $143.9m $143.9m 0.02% Reduced -27.1k -27,130
35 MACQUARIE GROUP LTD 0.16% of their portfolio Sydney, NSW 2000, C3 346,582346.6k $141.4m $141.4m 0.16% Reduced -54.8k -54,773
36 UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.04% of their portfolio NEW YORK, NY 343,011343.0k $140.1m $140.1m 0.04% New
37 ENVESTNET ASSET MANAGEMENT INC 0.05% of their portfolio Berwyn, PA 324,340324.3k $132.4m $132.4m 0.05% Reduced -3.9k -3,888
38 DekaBank Deutsche Girozentrale 0.24% of their portfolio FRANKFURT, 2M 317,213317.2k $130.6m $130.6m 0.24% Added +21.6k +21,642
39 State of Tennessee, Department of Treasury 0.47% of their portfolio NASHVILLE, TN 316,450316.4k $129.1m $129.1m 0.47% Reduced -18.0k -17,965
40 CREDIT AGRICOLE S A 0.77% of their portfolio Montrouge Cedex, I0 305,732305.7k $124.9m $124.9m 0.77% Added +152.7k +152,676
41 UBS Group AG 0.04% of their portfolio ZURICH, V8 290,178290.2k $118.5m $118.5m 0.04% Reduced -61.1k -61,104
42 JENNISON ASSOCIATES LLC 0.08% of their portfolio NEW YORK, NY 289,747289.7k $118.3m $118.3m 0.08% Added +23.1k +23,139
43 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 289,290289.3k $118.1m $118.1m 0.03% Added +5.9k +5,865
44 Invesco Ltd. 0.02% of their portfolio ATLANTA, GA 286,256286.3k $116.9m $116.9m 0.02% Added +6.2k +6,201
45 MACKENZIE FINANCIAL CORP 0.17% of their portfolio TORONTO ONTARIO, A6 274,667274.7k $112.1m $112.1m 0.17% Reduced -32.4k -32,378
46 BARCLAYS PLC 0.05% of their portfolio LONDON, X0 270,136270.1k $110.3m $110.3m 0.05% Added +57.9k +57,881
47 Capital International, Inc./CA/ 1.27% of their portfolio Los Angeles, CA 233,183233.2k $95.1m $95.1m 1.27% Reduced -4.1k -4,094
48 CITIGROUP INC 0.09% of their portfolio NEW YORK, NY 222,419222.4k $90.8m $90.8m 0.09% Reduced -16.8k -16,771
49 TWO SIGMA ADVISERS, LP 0.20% of their portfolio NEW YORK, NY 221,100221.1k $90.3m $90.3m 0.20% Added +36.5k +36,500
50 FIL Ltd 0.09% of their portfolio HAMILTON, D0 220,704220.7k $90.0m $90.0m 0.09% Reduced -18.5k -18,466
51 SANDS CAPITAL MANAGEMENT, LLC 0.26% of their portfolio ARLINGTON, VA 218,512218.5k $89.2m $89.2m 0.26% Reduced -2.4k -2,389
52 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 185,639185.6k $78.9m $78.9m 0.02% Added +11.4k +11,383
53 LORD, ABBETT & CO. LLC 0.11% of their portfolio JERSEY CITY, NJ 162,448162.4k $66.3m $66.3m 0.11% New
54 CIBC Private Wealth Group LLC 0.13% of their portfolio ATLANTA, GA 156,679156.7k $67.1m $67.1m 0.13% Added +1.7k +1,672
55 Korea Investment CORP 0.16% of their portfolio SEOUL, M5 154,707154.7k $63.1m $63.1m 0.16% Added +43.3k +43,261
56 BIGLARI CAPITAL CORP. 9.54% of their portfolio San Antonio, TX 153,500153.5k $62.7m $62.7m 9.54% Unchanged
57 Allspring Global Investments Holdings, LLC 0.10% of their portfolio CHARLOTTE, NC 152,304152.3k $62.2m $62.2m 0.10% Added +17.2k +17,165
58 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 151,750151.8k $62.0m $62.0m 0.02% Added +30.5k +30,461
59 TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio NEW YORK, NY 148,553148.6k $60.7m $60.7m 0.14% Added +22.0k +21,953
60 Ensemble Capital Management, LLC 4.49% of their portfolio San Francisco, CA 141,104141.1k $57.6m $57.6m 4.49% Added +8.8k +8,785
61 Compagnie Lombard Odier SCmA 0.95% of their portfolio 1204 GENEVA, V8 137,364137.4k $56.0m $56.0m 0.95% Reduced -5.0k -4,983
62 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 136,591136.6k $55.8m $55.8m 0.01% Added +7.3k +7,315
63 Sumitomo Mitsui Trust Group, Inc. 0.04% of their portfolio CHIYODA-KU, TOKYO, M0 134,217134.2k $54.8m $54.8m 0.04% Reduced -27.4k -27,384
64 NATIXIS ADVISORS, LLC 0.12% of their portfolio Boston, MA 129,575129.6k $52.9m $52.9m 0.12% Reduced -6.1k -6,062
65 Russell Investments Group, Ltd. 0.08% of their portfolio Seattle, WA 127,026127.0k $51.8m $51.8m 0.08% Reduced -12.7k -12,719
66 Quadrature Capital Ltd 0.86% of their portfolio LONDON, X0 125,889125.9k $51.3m $51.3m 0.86% Added +78.5k +78,539
67 Douglas Lane & Associates, LLC 0.68% of their portfolio NEW YORK, NY 117,226117.2k $47.9m $47.9m 0.68% Reduced -1.8k -1,784
68 BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio PARIS, I0 116,052116.1k $47.4m $47.4m 0.05% Added +94.3k +94,251
69 Baskin Financial Services Inc. 4.03% of their portfolio TORONTO, A6 115,356115.4k $47.1m $47.1m 4.03% Reduced -3.1k -3,139
70 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio Toronto, A6 111,570111.6k $45.5m $45.5m 0.04% Reduced -21.7k -21,691
71 Allianz Asset Management GmbH 0.07% of their portfolio MUNICH, 2M 101,762101.8k $41.6m $41.6m 0.07% Added +6.8k +6,772
72 DNCA FINANCE 3.53% of their portfolio PARIS, I0 100,120100.1k $41.2m $41.2m 3.53% First filing
73 AVIVA PLC 0.11% of their portfolio LONDON, X0 99,28899.3k $40.5m $40.5m 0.11% Reduced -2.4k -2,384
74 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.04% of their portfolio FRANKFURT AM MAIN, 2M 89,21689.2k $36.4m $36.4m 0.04% Reduced -18.1k -18,098
75 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.13% of their portfolio JUPITER, FL 87,14187.1k $35.6m $35.6m 0.13% Reduced -10.7k -10,661
76 Rheos Capital Works Inc. 1.83% of their portfolio Tokyo, M0 85,70085.7k $35.0m $35.0m 1.83% Reduced -101.0k -101,000
77 Zurich Insurance Group Ltd/FI 0.30% of their portfolio ZURICH, V8 83,72983.7k $34.2m $34.2m 0.30% Added +14.2k +14,155
78 NEUBERGER BERMAN GROUP LLC 0.03% of their portfolio NEW YORK, NY 83,68183.7k $34.1m $34.1m 0.03% Added +50.6k +50,582
79 Zurcher Kantonalbank (Zurich Cantonalbank) 0.11% of their portfolio ZURICH, V8 82,74982.7k $33.8m $33.8m 0.11% Added +5.0k +4,972
80 THORNBURG INVESTMENT MANAGEMENT INC 0.46% of their portfolio SANTA FE, NM 79,52179.5k $32.5m $32.5m 0.46% Reduced -1.2k -1,233
81 JANUS HENDERSON GROUP PLC 0.02% of their portfolio LONDON, X0 79,28979.3k $32.5m $32.5m 0.02% Added +1.4k +1,425
82 HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.09% of their portfolio TORONTO, A6 77,50077.5k $31.6m $31.6m 0.09% Added +72.5k +72,500
83 Lansing Management LP 27.64% of their portfolio NEW YORK, NY 68,34868.3k $27.9m $27.9m 27.64% Reduced -14.1k -14,054
84 Vontobel Holding Ltd. 0.09% of their portfolio ZURICH, V8 67,90067.9k $27.7m $27.7m 0.09% Added +52.0k +52,010
85 Capital Group Private Client Services, Inc. 0.28% of their portfolio Los Angeles, CA 67,83567.8k $27.7m $27.7m 0.28% Reduced -2.2k -2,190
86 SAPIENT CAPITAL LLC 0.57% of their portfolio INDIANAPOLIS, IN 67,27267.3k $27.4m $27.4m 0.57% Reduced -368 -368
87 Janney Montgomery Scott LLC 0.08% of their portfolio PHILADELPHIA, PA 66,53566.5k $27.2m $27.2m 0.08% Added +393 +393
88 Susquehanna International Securities, Ltd. 9.44% of their portfolio DUBLIN, L2 63,02963.0k $25.7m $25.7m 9.44% Reduced -42.2k -42,187
89 Aquamarine Zurich AG 9.32% of their portfolio ZURICH, V8 60,00060.0k $24.5m $24.5m 9.32% Unchanged
90 STIFEL FINANCIAL CORP 0.03% of their portfolio ST. LOUIS, MO 57,67257.7k $23.6m $23.6m 0.03% Reduced -4.7k -4,655
91 Public Sector Pension Investment Board 0.14% of their portfolio MONTREAL, A8 52,95453.0k $21.6m $21.6m 0.14% Added +2.9k +2,915
92 Balyasny Asset Management L.P. 0.05% of their portfolio Chicago, IL 52,04752.0k $21.3m $21.3m 0.05% Added +50.2k +50,209
93 RAYMOND JAMES & ASSOCIATES 0.01% of their portfolio ST PETERSBURG, FL 50,24750.2k $20.5m $20.5m 0.01% Added +655 +655
94 GROUPAMA ASSET MANAGMENT 0.27% of their portfolio PARIS, I0 48,68948.7k $19.9m $19.9m 0.27% Added +12.5k +12,484
95 Bank Julius Baer & Co. Ltd, Zurich 0.07% of their portfolio ZURICH, V8 46,71246.7k $19.1m $19.1m 0.07% Reduced -547 -547
96 HSBC HOLDINGS PLC 0.01% of their portfolio LONDON, X0 46,50446.5k $18.9m $18.9m 0.01% Reduced -35.4k -35,400
97 RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio NEW YORK, NY 45,34845.3k $18.5m $18.5m 0.03% Added +20.7k +20,733
98 Stony Point Capital LLC 4.67% of their portfolio NEW YORK, NY 44,53144.5k $18.2m $18.2m 4.67% Reduced -12.1k -12,125
99 Qube Research & Technologies Ltd 0.03% of their portfolio LONDON, X0 42,24042.2k $17.2m $17.2m 0.03% Added +19.6k +19,619
100 MARSICO CAPITAL MANAGEMENT LLC 0.51% of their portfolio DENVER, CO 41,71441.7k $17.0m $17.0m 0.51% Added +10.4k +10,385