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 ($31.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $370.25. Options: 29 managers hold calls ($598.4m notional), 31 hold puts ($842.2m).
Trends to Q4 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 |
| Q4 2025 | 770 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 336 | 412 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $399.4m | $600.9m | 1.50 |
| Q2 2025 | $425.8m | $515.1m | 1.21 |
| Q3 2025 | $730.7m | $696.6m | 0.95 |
| Q4 2025 | $598.4m | $842.2m | 1.41 |
Biggest buyers
| MORGAN STANLEY | Added | +771.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. | New | +546.4k |
| Vontobel Holding Ltd. | Added | +423.4k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Added | +401.5k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | New | +396.4k |
| Amundi | Added | +330.9k |
| AKO CAPITAL LLP | Added | +311.9k |
| ROYAL LONDON ASSET MANAGEMENT LTD | Added | +287.9k |
| SIH Partners, LLLP | Added | +253.9k |
| CANADA PENSION PLAN INVESTMENT BOARD | Added | +197.1k |
Biggest sellers
| GROUPAMA ASSET MANAGMENT | Sold out | -16.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.5m |
| FMR LLC | Reduced | -1.5m |
| JPMORGAN CHASE & CO | Reduced | -1.4m |
| Capital World Investors | Sold out | -1.2m |
| BlackRock, Inc. | Reduced | -1.1m |
| Capital International Investors | Reduced | -901.7k |
| Ilex Capital Partners (UK) LLP | Sold out | -380.1k |
| MARSHALL WACE, LLP | Reduced | -301.8k |
| MACQUARIE GROUP LTD | Sold out | -290.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $110.2m298.1k shares |
| JPMORGAN CHASE & CO | Reduced | $93.4m252.8k shares |
| CITADEL ADVISORS LLC | Added | $84.2m227.8k shares |
| Optiver Holding B.V. | Reduced | $55.4m150.0k shares |
| JANE STREET GROUP, LLC | Added | $45.4m122.8k shares |
| SIH Partners, LLLP | Reduced | $38.9m105.3k shares |
| IMC-Chicago, LLC | Added | $25.8m69.9k shares |
| GROUP ONE TRADING LLC | Added | $20.4m55.2k shares |
| Jain Global LLC | New | $18.5m50.0k shares |
| SIMPLEX TRADING, LLC | Added | $15.1m40.9k shares |
Biggest puts
| SIH Partners, LLLP | Added | $224.1m606.4k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $129.2m349.7k shares |
| CITADEL ADVISORS LLC | Added | $99.6m269.4k shares |
| Optiver Holding B.V. | Reduced | $69.6m188.2k shares |
| IMC-Chicago, LLC | Added | $32.0m86.5k shares |
| JANE STREET GROUP, LLC | Added | $31.8m86.1k shares |
| Squarepoint Ops LLC | Added | $28.5m77.1k shares |
| D. E. Shaw & Co., Inc. | Added | $22.6m61.2k shares |
| CITIGROUP INC | Added | $21.4m58.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $20.3m55.0k 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 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 Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.03% of their portfolio | 5.2m $1.9bn | Added +58.5k |
| BAILLIE GIFFORD & CO 1.21% of their portfolio | 3.9m $1.5bn | Reduced -51.8k |
| BANK OF AMERICA CORP /DE/ 0.09% of their portfolio | 3.4m $1.2bn | Added +132.6k |
| Amundi 0.33% of their portfolio | 3.3m $1.2bn | Added +330.9k |
| Bank of New York Mellon Corp 0.17% of their portfolio | 2.6m $957.2m | Reduced -80.7k |
| MORGAN STANLEY 0.06% of their portfolio | 2.5m $941.1m | Added +771.0k |
| Bank of Italy 39.42% of their portfolio | 2.4m $907.4m | Reduced -39.5k |
| ALLIANCEBERNSTEIN L.P. 0.27% of their portfolio | 2.3m $862.8m | Reduced -44.5k |
| NORGES BANK 0.08% of their portfolio | 2.1m $779.9m | Not comparable |
| UBS Group AG 0.10% of their portfolio | 1.3m $480.4m | Reduced -95.1k |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 1.1m $397.7m | Reduced -145.3k |
| DEUTSCHE BANK AG\ 0.12% of their portfolio | 973.6k $359.8m | Added +36.7k |
| AKO CAPITAL LLP 5.35% of their portfolio | 944.9k $351.5m | Added +311.9k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 934.0k $345.2m | Reduced -1.4m |
| Legal & General Group Plc 0.08% of their portfolio | 911.5k $341.0m | Added +28.6k |
| Ninety One UK Ltd 0.73% of their portfolio | 905.1k $338.8m | Reduced -73.0k |
| Capital Research Global Investors 0.06% of their portfolio | 898.4k $333.9m | Added +104.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.24% of their portfolio | 790.4k $292.4m | Added +401.5k |
| Banco Santander, S.A. 1.78% of their portfolio | 642.9k $237.6m | Added +64.8k |
| Groupe la Francaise 3.28% of their portfolio | 634.6k $225.7m | Reduced -79.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 607.8k $224.6m | Reduced -1.5m |
| Capital International Investors 0.03% of their portfolio | 598.3k $222.8m | Reduced -901.7k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 567.2k $208.3m | Reduced -77.6k |
| CREDIT AGRICOLE S A 0.58% of their portfolio | 565.0k $208.8m | Reduced -10.0k |
| Vontobel Holding Ltd. 0.69% of their portfolio | 557.9k $208.6m | Added +423.4k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.14% of their portfolio | 546.4k $203.2m | New |
| Nuveen, LLC 0.05% of their portfolio | 536.4k $200.8m | Added +4.9k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 466.6k $172.4m | Added +69.0k |
| WCM INVESTMENT MANAGEMENT, LLC 0.33% of their portfolio | 424.5k $158.1m | Reduced -9.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.14% of their portfolio | 396.4k $126.3m | New |
| Clearbridge Investments, LLC 0.11% of their portfolio | 387.2k $143.1m | Reduced -26.5k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.09% of their portfolio | 367.4k $137.3m | Added +197.1k |
| MARSHALL WACE, LLP 0.13% of their portfolio | 353.0k $131.4m | Reduced -301.8k |
| BARCLAYS PLC 0.05% of their portfolio | 352.2k $130.2m | Reduced -170.7k |
| BANK OF MONTREAL /CAN/ 0.05% of their portfolio | 350.6k $129.6m | Added +113.9k |
| DekaBank Deutsche Girozentrale 0.23% of their portfolio | 345.8k $132.3m | Added +48.0k |
| Swiss National Bank 0.08% of their portfolio | 344.1k $128.6m | Reduced -20.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 344.1k $128.8m | Reduced -192.4k |
| ROYAL LONDON ASSET MANAGEMENT LTD 0.26% of their portfolio | 332.5k $122.9m | Added +287.9k |
| Pictet Asset Management Holding SA 0.12% of their portfolio | 327.5k $122.6m | Reduced -89.4k |
| Bank Julius Baer & Co. Ltd, Zurich 0.32% of their portfolio | 316.6k $115.2m | Added +22.7k |
| SANDS CAPITAL MANAGEMENT, LLC 0.35% of their portfolio | 310.0k $114.6m | Added +58.3k |
| AVIVA PLC 0.17% of their portfolio | 276.7k $103.1m | Added +69.0k |
| Allianz Asset Management GmbH 0.12% of their portfolio | 274.9k $101.6m | Added +35.8k |
| SIH Partners, LLLP 5.56% of their portfolio | 258.3k $95.4m | Added +253.9k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.08% of their portfolio | 243.6k $90.0m | Reduced -49.6k |
| FMR LLC 0.00% of their portfolio | 242.6k $89.7m | Reduced -1.5m |
| MACKENZIE FINANCIAL CORP 0.10% of their portfolio | 236.3k $87.9m | Reduced -140.5k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 236.0k $87.2m | Reduced -13.4k |
| FRANKLIN RESOURCES INC 0.02% of their portfolio | 234.5k $87.3m | Reduced -122.8k |
| DNCA FINANCE 5.02% of their portfolio | 231.7k $86.7m | Added +160.5k |
| Rheos Capital Works Inc. 5.45% of their portfolio | 230.2k $85.1m | Added +15.0k |
| BIGLARI CAPITAL CORP. 8.94% of their portfolio | 225.6k $83.4m | Added +18.0k |
| Intesa Sanpaolo S.p.A. 5.40% of their portfolio | 224.0k $83.9m | First filing |
| BlackRock, Inc. 0.00% of their portfolio | 223.9k $82.7m | Reduced -1.1m |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.22% of their portfolio | 215.0k $79.4m | Reduced -179.5k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 209.8k $77.5m | Reduced -196.0k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 203.1k $75.1m | Added +4.6k |
| CITIGROUP INC 0.05% of their portfolio | 198.2k $73.2m | Reduced -9.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 196.6k $72.7m | Added +6.5k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 190.8k $70.7m | Reduced -43.6k |
| Groupe des Assurances du Credit Mutuel 23.18% of their portfolio | 185.0k $68.4m | New |
| CIBC Private Wealth Group LLC 0.12% of their portfolio | 184.9k $68.8m | Added +977 |
| JANE STREET GROUP, LLC 0.08% of their portfolio | 183.0k $67.6m | Added +91.0k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.10% of their portfolio | 176.6k $65.2m | First filing |
| Allspring Global Investments Holdings, LLC 0.11% of their portfolio | 176.0k $65.5m | Added +172.3k |
| Compagnie Lombard Odier SCmA 0.66% of their portfolio | 163.0k $61.0m | Added +306 |
| Korea Investment CORP 0.12% of their portfolio | 159.5k $59.7m | Added +51.1k |
| MILLENNIUM MANAGEMENT LLC 0.04% of their portfolio | 153.5k $56.8m | Added +71.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.03% of their portfolio | 139.6k $51.6m | Added +132.1k |
| Artisan Partners Limited Partnership 0.07% of their portfolio | 129.9k $48.0m | Added +13.6k |
| Corient Private Wealth LP 0.03% of their portfolio | 128.3k $47.4m | Added +62.4k |
| TD Asset Management Inc 0.04% of their portfolio | 125.7k $46.7m | Reduced -246.6k |
| State of Tennessee, Department of Treasury 0.13% of their portfolio | 123.0k $41.1m | Reduced -136.2k |
| Point72 Asset Management, L.P. 0.07% of their portfolio | 119.2k $44.0m | Added +13.5k |
| Russell Investments Group, Ltd. 0.05% of their portfolio | 116.9k $43.7m | Reduced -40.4k |
| Douglas Lane & Associates, LLC 0.59% of their portfolio | 116.0k $42.9m | Added +13.7k |
| Bowie Capital Management, LLC 1.70% of their portfolio | 111.9k $41.4m | Added +50.4k |
| Baskin Financial Services Inc. 3.11% of their portfolio | 111.8k $41.3m | Added +1.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.14% of their portfolio | 110.2k $40.7m | New |
| Stony Point Capital LLC 2.96% of their portfolio | 108.4k $40.1m | Added +2.6k |
| Capital International, Inc./CA/ 0.32% of their portfolio | 108.2k $40.5m | Reduced -75.8k |
| Quadrature Capital Ltd 0.40% of their portfolio | 105.7k $39.6m | Reduced -49.7k |
| One Madison Group LLC 4.48% of their portfolio | 105.0k $38.8m | Added +15.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.05% of their portfolio | 104.4k $38.6m | Added +103.6k |
| GROUPAMA ASSET MANAGMENT 0.48% of their portfolio | 103.8k $33.1m | Added +13.2k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 101.3k $37.8m | Added +51.5k |
| FIL Ltd 0.03% of their portfolio | 91.2k $34.2m | Reduced -251.5k |
| JANUS HENDERSON GROUP PLC 0.01% of their portfolio | 89.3k $33.4m | Reduced -3.3k |
| THORNBURG INVESTMENT MANAGEMENT INC 0.41% of their portfolio | 88.1k $32.6m | Reduced -826 |
| Generali Asset Management SPA SGR 0.56% of their portfolio | 86.4k $27.5m | Added +30.7k |
| RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio | 86.0k $31.8m | Added +5.9k |
| FLOSSBACH VON STORCH SE 0.13% of their portfolio | 84.7k $31.7m | Added +1.6k |
| Interval Partners, LP 0.73% of their portfolio | 83.9k $31.0m | Reduced -48.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.05% of their portfolio | 79.1k $29.6m | Added +61.4k |
| Invesco Ltd. 0.00% of their portfolio | 76.7k $28.3m | Reduced -221.5k |
| AustralianSuper Pty Ltd 0.13% of their portfolio | 73.0k $27.3m | Added +40.5k |
| JENNISON ASSOCIATES LLC 0.02% of their portfolio | 71.0k $26.2m | Reduced -100.3k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.06% of their portfolio | 69.8k $26.1m | Added +8.2k |
| SALT Holding Corp. 19.47% of their portfolio | 66.8k $24.7m | Added +24.3k |