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 ($26.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $484.51. Options: 26 managers hold calls ($730.7m notional), 29 hold puts ($696.6m).
Trends to Q3 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 |
| Q2 2025 | 777 |
| Q3 2025 | 776 |
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 2023 | 274 | 214 |
| Q1 2024 | 352 | 234 |
| Q2 2024 | 313 | 275 |
| Q3 2024 | 362 | 247 |
| Q4 2024 | 296 | 319 |
| Q1 2025 | 370 | 292 |
| Q2 2025 | 358 | 333 |
| Q3 2025 | 407 | 300 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $324.9m | $477.0m | 1.47 |
| Q1 2025 | $399.4m | $600.9m | 1.50 |
| Q2 2025 | $425.8m | $515.1m | 1.21 |
| Q3 2025 | $730.7m | $696.6m | 0.95 |
Biggest buyers
| Bank of New York Mellon Corp | Added | +1.0m |
| Ninety One UK Ltd | New | +978.1k |
| GROUPAMA ASSET MANAGMENT | Added | +900.0k |
| JPMORGAN CHASE & CO | Added | +854.4k |
| FMR LLC | Added | +517.4k |
| ALLIANCEBERNSTEIN L.P. | Added | +512.7k |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +470.0k |
| BANK OF AMERICA CORP /DE/ | Added | +430.5k |
| FRANKLIN RESOURCES INC | Added | +331.1k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +298.5k |
Biggest sellers
| JENNISON ASSOCIATES LLC | Reduced | -1.7m |
| VIKING GLOBAL INVESTORS LP | Sold out | -721.3k |
| Qube Research & Technologies Ltd | Reduced | -574.2k |
| AXA S.A. | Reduced | -488.4k |
| MARSHALL WACE, LLP | Reduced | -322.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -315.6k |
| BAILLIE GIFFORD & CO | Reduced | -314.3k |
| ROYAL BANK OF CANADA | Reduced | -290.4k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -243.2k |
| TWO SIGMA ADVISERS, LP | Reduced | -203.0k |
Biggest calls
| JPMORGAN CHASE & CO | Added | $245.7m506.4k shares |
| SIH Partners, LLLP | Added | $110.9m228.5k shares |
| Optiver Holding B.V. | Added | $76.1m156.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $50.7m104.4k shares |
| CITADEL ADVISORS LLC | Reduced | $44.2m91.0k shares |
| GOLDMAN SACHS GROUP INC | New | $34.0m70.0k shares |
| JANE STREET GROUP, LLC | Added | $27.6m56.8k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $23.0m47.5k shares |
| IMC-Chicago, LLC | Added | $21.4m44.1k shares |
| UBS Group AG | Added | $19.3m39.9k shares |
Biggest puts
| SIH Partners, LLLP | Added | $148.0m305.1k shares |
| Optiver Holding B.V. | Added | $126.5m260.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $91.4m188.4k shares |
| JPMORGAN CHASE & CO | Added | $50.1m103.2k shares |
| CITADEL ADVISORS LLC | Reduced | $42.9m88.5k shares |
| Eisler Capital Management Ltd. | Added | $30.4m63.0k shares |
| UBS Group AG | Reduced | $29.5m60.9k shares |
| JANE STREET GROUP, LLC | Reduced | $28.5m58.8k shares |
| IMC-Chicago, LLC | Added | $25.1m51.7k shares |
| Walleye Trading LLC | Added | $17.2m35.4k 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 Q3 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 Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| GROUPAMA ASSET MANAGMENT 0.24% of their portfolio | 16.9m $16.6m | Added +900.0k |
| VANGUARD GROUP INC 0.04% of their portfolio | 5.2m $2.5bn | Added +81.0k |
| BAILLIE GIFFORD & CO 1.41% of their portfolio | 3.9m $1.9bn | Reduced -314.3k |
| BANK OF AMERICA CORP /DE/ 0.12% of their portfolio | 3.2m $1.6bn | Added +430.5k |
| Amundi 0.47% of their portfolio | 3.0m $1.5bn | Added +219.9k |
| Bank of New York Mellon Corp 0.23% of their portfolio | 2.7m $1.3bn | Added +1.0m |
| Bank of Italy 57.32% of their portfolio | 2.5m $1.2bn | Added +55.5k |
| ALLIANCEBERNSTEIN L.P. 0.36% of their portfolio | 2.4m $1.2bn | Added +512.7k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 2.3m $1.1bn | Added +854.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.11% of their portfolio | 2.1m $1.0bn | Added +153.0k |
| MORGAN STANLEY 0.05% of their portfolio | 1.8m $861.5m | Added +212.3k |
| FMR LLC 0.04% of their portfolio | 1.7m $822.3m | Added +517.4k |
| Capital International Investors 0.12% of their portfolio | 1.5m $724.7m | Added +178.4k |
| UBS Group AG 0.13% of their portfolio | 1.4m $676.9m | Reduced -19.6k |
| BlackRock, Inc. 0.01% of their portfolio | 1.3m $622.5m | Added +75.6k |
| GOLDMAN SACHS GROUP INC 0.09% of their portfolio | 1.2m $592.7m | Reduced -315.6k |
| Capital World Investors 0.08% of their portfolio | 1.2m $568.1m | Reduced -5.0k |
| Ninety One UK Ltd 0.52% of their portfolio | 978.1k $473.0m | New |
| DEUTSCHE BANK AG\ 0.15% of their portfolio | 936.9k $454.6m | Added +1.8k |
| Legal & General Group Plc 0.10% of their portfolio | 882.9k $427.0m | Reduced -57.4k |
| Capital Research Global Investors 0.07% of their portfolio | 794.1k $384.2m | Reduced -65.5k |
| Groupe la Francaise 4.70% of their portfolio | 714.4k $345.5m | Added +120.3k |
| MARSHALL WACE, LLP 0.35% of their portfolio | 654.9k $316.8m | Reduced -322.4k |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 644.8k $312.4m | Added +104.8k |
| AKO CAPITAL LLP 4.35% of their portfolio | 633.0k $306.2m | Reduced -13.1k |
| Banco Santander, S.A. 2.49% of their portfolio | 578.1k $280.5m | Reduced -3.3k |
| CREDIT AGRICOLE S A 0.92% of their portfolio | 575.0k $279.0m | First filing |
| WELLINGTON MANAGEMENT GROUP LLP 0.05% of their portfolio | 536.5k $259.6m | Added +470.0k |
| Nuveen, LLC 0.07% of their portfolio | 531.5k $257.0m | Reduced -8.9k |
| BARCLAYS PLC 0.09% of their portfolio | 522.9k $253.7m | Reduced -149.5k |
| WCM INVESTMENT MANAGEMENT, LLC 0.43% of their portfolio | 433.6k $209.0m | Reduced -19.6k |
| AXA Investment Managers S.A. 0.56% of their portfolio | 426.6k $207.0m | First filing |
| Pictet Asset Management Holding SA 0.19% of their portfolio | 416.9k $201.6m | Reduced -74.3k |
| Clearbridge Investments, LLC 0.15% of their portfolio | 413.7k $200.7m | Reduced -3.4k |
| AMERICAN CENTURY COMPANIES INC 0.10% of their portfolio | 405.8k $196.9m | Added +182.6k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 397.6k $192.9m | Reduced -290.4k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.49% of their portfolio | 394.4k $191.4m | Reduced -36.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.15% of their portfolio | 388.8k $188.5m | Added +298.5k |
| Ilex Capital Partners (UK) LLP 5.87% of their portfolio | 380.1k $183.8m | Added +182.7k |
| MACKENZIE FINANCIAL CORP 0.22% of their portfolio | 376.8k $182.8m | Added +116.8k |
| TD Asset Management Inc 0.15% of their portfolio | 372.3k $180.4m | Reduced -43.6k |
| Swiss National Bank 0.10% of their portfolio | 364.5k $176.0m | Reduced -17.7k |
| FRANKLIN RESOURCES INC 0.04% of their portfolio | 357.3k $173.1m | Added +331.1k |
| FIL Ltd 0.13% of their portfolio | 342.7k $165.8m | Added +37.4k |
| Invesco Ltd. 0.02% of their portfolio | 298.2k $144.7m | Reduced -23.4k |
| DekaBank Deutsche Girozentrale 0.24% of their portfolio | 297.8k $143.6m | Added +1.1k |
| Bank Julius Baer & Co. Ltd, Zurich 0.39% of their portfolio | 293.9k $140.0m | Reduced -46.7k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.13% of their portfolio | 293.2k $141.8m | Added +1.9k |
| MACQUARIE GROUP LTD 0.16% of their portfolio | 290.2k $140.8m | Reduced -34.5k |
| MANNING & NAPIER ADVISORS LLC 1.69% of their portfolio | 273.1k $132.5m | Added +5.3k |
| State of Tennessee, Department of Treasury 0.42% of their portfolio | 259.2k $125.4m | Added +5.9k |
| SANDS CAPITAL MANAGEMENT, LLC 0.34% of their portfolio | 251.7k $122.1m | Added +8.0k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 249.5k $121.0m | Added +13.4k |
| Allianz Asset Management GmbH 0.14% of their portfolio | 239.1k $116.0m | Added +82.3k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 236.6k $114.3m | Added +15.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.03% of their portfolio | 234.5k $113.7m | Added +14.3k |
| Rheos Capital Works Inc. 5.84% of their portfolio | 215.2k $104.4m | Added +53.5k |
| AVIVA PLC 0.18% of their portfolio | 207.7k $100.4m | Added +30.1k |
| CITIGROUP INC 0.07% of their portfolio | 207.7k $100.8m | Reduced -173.4k |
| BIGLARI CAPITAL CORP. 11.03% of their portfolio | 207.6k $100.7m | Added +23.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 198.5k $96.3m | Added +11.7k |
| WELLS FARGO & COMPANY/MN 0.02% of their portfolio | 190.1k $92.2m | Added +20.5k |
| Capital International, Inc./CA/ 0.71% of their portfolio | 184.0k $88.9m | Reduced -142 |
| CIBC Private Wealth Group LLC 0.15% of their portfolio | 183.9k $89.1m | Added +6.0k |
| JENNISON ASSOCIATES LLC 0.05% of their portfolio | 171.3k $83.1m | Reduced -1.7m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 170.3k $82.3m | Reduced -18.8k |
| Compagnie Lombard Odier SCmA 0.87% of their portfolio | 162.7k $78.7m | Reduced -4.3k |
| Russell Investments Group, Ltd. 0.09% of their portfolio | 157.3k $76.1m | Reduced -19.8k |
| Quadrature Capital Ltd 0.89% of their portfolio | 155.4k $75.0m | Added +117.4k |
| Vontobel Holding Ltd. 0.20% of their portfolio | 134.5k $65.0m | Added +36.9k |
| Interval Partners, LP 1.38% of their portfolio | 132.5k $64.3m | Added +115.3k |
| Artisan Partners Limited Partnership 0.08% of their portfolio | 116.3k $56.4m | Reduced -18.4k |
| Rokos Capital Management LLP 0.70% of their portfolio | 114.7k $55.6m | New |
| Baskin Financial Services Inc. 3.94% of their portfolio | 110.4k $53.5m | Reduced -75 |
| Korea Investment CORP 0.11% of their portfolio | 108.3k $52.4m | Reduced -20.0k |
| Zurich Insurance Group Ltd/FI 0.37% of their portfolio | 106.4k $51.4m | Added +58.6k |
| Stony Point Capital LLC 3.60% of their portfolio | 105.8k $51.3m | Added +4.6k |
| Point72 Asset Management, L.P. 0.11% of their portfolio | 105.7k $51.3m | Reduced -122.8k |
| Douglas Lane & Associates, LLC 0.69% of their portfolio | 102.3k $49.7m | Reduced -5.3k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 92.6k $44.8m | Reduced -20 |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 92.0k $44.6m | Added +55.9k |
| GROUPAMA ASSET MANAGMENT 0.55% of their portfolio | 90.6k $37.3m | Added +16.8k |
| One Madison Group LLC 4.78% of their portfolio | 90.0k $43.7m | Added +5.0k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.56% of their portfolio | 88.9k $43.2m | Added +7.9k |
| Thrivent Financial for Lutherans 0.08% of their portfolio | 88.2k $42.7m | Added +105 |
| FLOSSBACH VON STORCH SE 0.16% of their portfolio | 83.1k $40.1m | Added +22.9k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 82.1k $39.8m | Added +40.2k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 80.1k $38.9m | Added +12.8k |
| Public Sector Pension Investment Board 0.14% of their portfolio | 75.8k $36.7m | Added +7.6k |
| NATIXIS ADVISORS, LLC 0.05% of their portfolio | 73.0k $35.4m | Reduced -23.0k |
| Janney Montgomery Scott LLC 0.08% of their portfolio | 71.4k $34.7m | Reduced -2.3k |
| DNCA FINANCE 2.36% of their portfolio | 71.2k $34.4m | Reduced -59.2k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.10% of their portfolio | 66.2k $32.0m | Added +10.9k |
| Corient Private Wealth LP 0.05% of their portfolio | 65.9k $32.0m | Reduced -28.9k |
| Evelyn Partners Investment Management LLP 0.88% of their portfolio | 64.4k $31.1m | Added +3.9k |
| SAPIENT CAPITAL LLC 0.48% of their portfolio | 64.0k $30.9m | Reduced -1.7k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.07% of their portfolio | 61.5k $29.8m | Added +5.0k |
| Bowie Capital Management, LLC 1.34% of their portfolio | 61.5k $29.8m | Added +34.2k |
| Aquamarine Zurich AG 9.13% of their portfolio | 60.0k $29.0m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 57.6k $27.9m | Reduced -5.7k |