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 ($52.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $431.40. Options: 30 managers hold calls ($399.4m notional), 32 hold puts ($600.9m).
Trends to Q1 2025
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 |
| Q2 2024 | 657 |
| Q3 2024 | 703 |
| Q4 2024 | 717 |
| Q1 2025 | 750 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2023 | 245 | 211 |
| Q3 2023 | 247 | 207 |
| Q4 2023 | 274 | 214 |
| Q1 2024 | 352 | 234 |
| Q2 2024 | 313 | 275 |
| Q3 2024 | 362 | 247 |
| Q4 2024 | 296 | 319 |
| Q1 2025 | 370 | 292 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2024 | $358.1m | $479.6m | 1.34 |
| Q3 2024 | $370.1m | $564.7m | 1.53 |
| Q4 2024 | $324.9m | $477.0m | 1.47 |
| Q1 2025 | $399.4m | $600.9m | 1.50 |
Biggest buyers
| BANK OF AMERICA CORP /DE/ | Added | +758.3k |
| GOLDMAN SACHS GROUP INC | Added | +729.1k |
| Groupe la Francaise | New | +561.1k |
| JPMORGAN CHASE & CO | Added | +504.0k |
| Capital World Investors | Added | +420.3k |
| VANGUARD GROUP INC | Added | +377.9k |
| NORGES BANK | Added | +318.4k |
| UBS Group AG | Added | +312.9k |
| Qube Research & Technologies Ltd | Added | +252.4k |
| Point72 Asset Management, L.P. | New | +213.8k |
Biggest sellers
| JENNISON ASSOCIATES LLC | Reduced | -1.0m |
| BAILLIE GIFFORD & CO | Reduced | -900.5k |
| MACKENZIE FINANCIAL CORP | Reduced | -454.0k |
| Quadrature Capital Ltd | Sold out | -336.4k |
| BARCLAYS PLC | Reduced | -301.7k |
| MARSHALL WACE, LLP | Reduced | -229.9k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -228.0k |
| Sumitomo Mitsui Trust Group, Inc. | Sold out | -141.5k |
| Amundi | Reduced | -125.5k |
| BlackRock, Inc. | Reduced | -109.1k |
Biggest calls
| Optiver Holding B.V. | Added | $66.1m154.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $53.5m125.0k shares |
| JANE STREET GROUP, LLC | Added | $35.1m82.0k shares |
| CITADEL ADVISORS LLC | Reduced | $32.0m74.9k shares |
| SIH Partners, LLLP | Added | $28.6m66.8k shares |
| UBS Group AG | Added | $22.5m52.7k shares |
| GOLDMAN SACHS GROUP INC | Added | $22.2m52.0k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $20.8m48.5k shares |
| IMC-Chicago, LLC | Added | $19.4m45.4k shares |
| D. E. Shaw & Co., Inc. | Reduced | $15.1m35.3k shares |
Biggest puts
| SIH Partners, LLLP | Added | $100.5m234.8k shares |
| Optiver Holding B.V. | Added | $77.8m181.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $68.0m159.0k shares |
| JANE STREET GROUP, LLC | Added | $43.1m100.7k shares |
| UBS Group AG | Added | $31.0m72.5k shares |
| CITADEL ADVISORS LLC | Reduced | $29.2m68.3k shares |
| Eisler Capital Management Ltd. | Added | $26.8m63.0k shares |
| Twin Tree Management, LP | Reduced | $24.9m58.2k shares |
| ROYAL BANK OF CANADA | New | $24.7m57.8k shares |
| JPMORGAN CHASE & CO | Added | $24.6m57.5k 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 2025
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 2025.
Holders, Q1 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.04% of their portfolio | 5.1m $2.2bn | Added +377.9k |
| BAILLIE GIFFORD & CO 1.71% of their portfolio | 4.6m $2.0bn | Reduced -900.5k |
| BANK OF AMERICA CORP /DE/ 0.14% of their portfolio | 3.6m $1.5bn | Added +758.3k |
| Amundi 0.44% of their portfolio | 2.8m $1.2bn | Reduced -125.5k |
| Bank of Italy 53.93% of their portfolio | 2.4m $1.0bn | Added +67.7k |
| GOLDMAN SACHS GROUP INC 0.18% of their portfolio | 2.2m $932.6m | Added +729.1k |
| JPMORGAN CHASE & CO 0.07% of their portfolio | 2.0m $868.7m | Added +504.0k |
| NORGES BANK 0.12% of their portfolio | 2.0m $828.5m | Added +318.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.10% of their portfolio | 1.8m $779.7m | Added +25.9k |
| ALLIANCEBERNSTEIN L.P. 0.27% of their portfolio | 1.8m $756.2m | Added +131.9k |
| JENNISON ASSOCIATES LLC 0.50% of their portfolio | 1.7m $716.8m | Reduced -1.0m |
| Bank of New York Mellon Corp 0.14% of their portfolio | 1.6m $703.6m | Added +32.3k |
| MORGAN STANLEY 0.05% of their portfolio | 1.5m $638.2m | Added +101.4k |
| Capital International Investors 0.11% of their portfolio | 1.3m $562.3m | Added +208.5k |
| Capital World Investors 0.08% of their portfolio | 1.2m $500.2m | Added +420.3k |
| UBS Group AG 0.11% of their portfolio | 1.2m $498.3m | Added +312.9k |
| BlackRock, Inc. 0.01% of their portfolio | 1.1m $490.8m | Reduced -109.1k |
| MARSHALL WACE, LLP 0.64% of their portfolio | 1.1m $479.2m | Reduced -229.9k |
| FMR LLC 0.03% of their portfolio | 999.4k $425.3m | Reduced -13.2k |
| Legal & General Group Plc 0.11% of their portfolio | 971.0k $411.6m | Added +178 |
| Capital Research Global Investors 0.08% of their portfolio | 914.0k $390.0m | Reduced -31.7k |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 884.8k $378.6m | Added +68.2k |
| WCM INVESTMENT MANAGEMENT, LLC 0.83% of their portfolio | 750.5k $322.5m | Reduced -40.1k |
| Qube Research & Technologies Ltd 0.49% of their portfolio | 749.9k $318.7m | Added +252.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.72% of their portfolio | 603.1k $258.1m | Added +8.5k |
| AKO CAPITAL LLP 3.23% of their portfolio | 585.1k $248.7m | Reduced -34.6k |
| AMERIPRISE FINANCIAL INC 0.06% of their portfolio | 562.2k $240.6m | Added +28.7k |
| Groupe la Francaise 5.09% of their portfolio | 561.1k $238.8m | New |
| Banco Santander, S.A. 2.65% of their portfolio | 561.0k $240.0m | Added +146.3k |
| BARCLAYS PLC 0.11% of their portfolio | 552.3k $236.3m | Reduced -301.7k |
| Nuveen, LLC 0.07% of their portfolio | 550.4k $233.2m | First filing |
| AXA S.A. 0.76% of their portfolio | 540.6k $231.3m | Reduced -48.1k |
| CREDIT AGRICOLE S A 0.86% of their portfolio | 534.3k $228.6m | Added +40.7k |
| Pictet Asset Management Holding SA 0.21% of their portfolio | 453.9k $192.3m | Reduced -3.8k |
| Clearbridge Investments, LLC 0.17% of their portfolio | 449.8k $192.5m | Reduced -9.9k |
| TD Asset Management Inc 0.16% of their portfolio | 411.4k $175.7m | Added +61.9k |
| MARTIN CURRIE LTD 6.72% of their portfolio | 390.1k $166.7m | Added +24.5k |
| Swiss National Bank 0.11% of their portfolio | 366.8k $155.5m | Reduced -3.5k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 350.9k $150.1m | Added +30.8k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 337.9k $144.6m | Added +55.4k |
| MACQUARIE GROUP LTD 0.17% of their portfolio | 329.2k $140.5m | Added +12.5k |
| FIL Ltd 0.13% of their portfolio | 315.3k $133.9m | Added +89.2k |
| Invesco Ltd. 0.02% of their portfolio | 303.9k $130.0m | Added +133.3k |
| DekaBank Deutsche Girozentrale 0.24% of their portfolio | 295.6k $125.0m | Reduced -1.2k |
| State of Tennessee, Department of Treasury 0.48% of their portfolio | 293.0k $124.1m | Added +25.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 281.8k $120.4m | Reduced -10.4k |
| CITIGROUP INC 0.09% of their portfolio | 269.9k $115.5m | Added +164.1k |
| Bank Julius Baer & Co. Ltd, Zurich 0.35% of their portfolio | 252.2k $106.8m | Added +8.9k |
| SANDS CAPITAL MANAGEMENT, LLC 0.36% of their portfolio | 246.1k $105.3m | Reduced -2.2k |
| Balyasny Asset Management L.P. 0.25% of their portfolio | 234.3k $100.2m | Added +70.0k |
| Capital International, Inc./CA/ 1.17% of their portfolio | 227.7k $96.7m | Added +7.1k |
| MACKENZIE FINANCIAL CORP 0.13% of their portfolio | 214.3k $91.7m | Reduced -454.0k |
| Point72 Asset Management, L.P. 0.26% of their portfolio | 213.8k $91.5m | New |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 212.0k $90.7m | Added +8.0k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 204.4k $87.4m | Added +33.6k |
| TWO SIGMA ADVISERS, LP 0.19% of their portfolio | 200.4k $85.7m | Added +55.0k |
| Ilex Capital Partners (UK) LLP 3.37% of their portfolio | 194.5k $82.4m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.09% of their portfolio | 191.9k $81.4m | Added +45.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.08% of their portfolio | 186.8k $79.3m | Added +145.5k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 183.6k $78.6m | Added +7.5k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 177.9k $75.3m | Added +126.4k |
| CIBC Private Wealth Group LLC 0.14% of their portfolio | 168.0k $67.9m | Added +4.2k |
| Compagnie Lombard Odier SCmA 0.87% of their portfolio | 167.6k $71.0m | Reduced -15.4k |
| BIGLARI CAPITAL CORP. 9.26% of their portfolio | 153.5k $65.7m | Unchanged |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 153.2k $65.5m | Added +6.9k |
| TWO SIGMA INVESTMENTS, LP 0.13% of their portfolio | 144.7k $61.9m | Added +92.4k |
| Korea Investment CORP 0.15% of their portfolio | 143.0k $60.6m | Reduced -12.1k |
| Russell Investments Group, Ltd. 0.08% of their portfolio | 142.7k $60.6m | Added +14.2k |
| Rheos Capital Works Inc. 4.94% of their portfolio | 141.7k $60.6m | Unchanged |
| AVIVA PLC 0.14% of their portfolio | 140.3k $59.4m | Added +32.1k |
| Groupe des Assurances du Credit Mutuel 17.05% of their portfolio | 139.0k $59.5m | Added +28.5k |
| VIKING GLOBAL INVESTORS LP 0.18% of their portfolio | 135.4k $57.4m | New |
| DNCA FINANCE 4.65% of their portfolio | 132.1k $56.0m | Added +31.4k |
| Allianz Asset Management GmbH 0.08% of their portfolio | 124.3k $53.2m | Added +1.7k |
| RENAISSANCE TECHNOLOGIES LLC 0.08% of their portfolio | 122.4k $51.9m | New |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.11% of their portfolio | 120.9k $51.7m | Added +45.0k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 116.6k $49.9m | Added +75.8k |
| NATIXIS ADVISORS, LLC 0.09% of their portfolio | 115.3k $49.3m | Reduced -8.2k |
| Artisan Partners Limited Partnership 0.08% of their portfolio | 111.1k $47.6m | Added +733 |
| Baskin Financial Services Inc. 3.85% of their portfolio | 110.7k $47.4m | Reduced -978 |
| Douglas Lane & Associates, LLC 0.69% of their portfolio | 109.5k $46.8m | Reduced -1.6k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 106.0k $45.4m | Added +14.8k |
| One Madison Group LLC 5.59% of their portfolio | 100.0k $42.8m | Reduced -5.0k |
| Corient Private Wealth LP 0.07% of their portfolio | 99.4k $42.5m | Reduced -33.3k |
| Stony Point Capital LLC 4.59% of their portfolio | 99.3k $42.5m | Added +53.4k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.15% of their portfolio | 96.9k $41.5m | Added +17.1k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 91.6k $39.7m | Added +230 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.04% of their portfolio | 90.4k $38.5m | Reduced -9.1k |
| COMMERZBANK AKTIENGESELLSCHAFT /FI 0.88% of their portfolio | 87.8k $37.6m | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.10% of their portfolio | 85.6k $36.3m | Added +2.1k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.51% of their portfolio | 84.8k $362.7m | Reduced -200 |
| Janney Montgomery Scott LLC 0.10% of their portfolio | 80.1k $34.3m | Reduced -4.8k |
| Vontobel Holding Ltd. 0.12% of their portfolio | 75.9k $32.2m | Reduced -13.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.01% of their portfolio | 74.0k $31.3m | Reduced -228.0k |
| GILDER GAGNON HOWE & CO LLC 0.40% of their portfolio | 71.5k $30.6m | Reduced -854 |
| Public Sector Pension Investment Board 0.13% of their portfolio | 68.3k $28.9m | Added +5.0k |
| SAPIENT CAPITAL LLC 0.56% of their portfolio | 67.5k $28.6m | Added +144 |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 66.1k $28.0m | Reduced -17.7k |
| GROUPAMA ASSET MANAGMENT 0.52% of their portfolio | 65.1k $26.1m | Added +6.6k |
| SIH Partners, LLLP 2.42% of their portfolio | 64.5k $27.6m | Added +13.5k |