State of Tennessee, Department of Treasury’s Ferrari RACE Stock Holding History

State of Tennessee, Department of Treasury’s Portfolio RACE Stock Details RACE Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$18.1M	Sell	54,346 -68,673	-56%	-$24M	0.06%	274
2025 Q4	$41.1M	Sell	123,019 -136,182	-53%	-$54.5M	0.13%	142
2025 Q3	$125M	Buy	259,201 +5,900	+2%	+$2.83M	0.42%	41
2025 Q2	$124M	Sell	253,301 -39,688	-14%	-$18.4M	0.44%	38
2025 Q1	$124M	Buy	292,989 +25,192	+9%	+$11.3M	0.48%	41
2024 Q4	$114M	Sell	267,797 -29,789	-10%	-$13.4M	0.42%	43
2024 Q3	$139M	Sell	297,586 -18,864	-6%	-$8.46M	0.49%	37
2024 Q2	$129M	Sell	316,450 -17,965	-5%	-$7.47M	0.47%	37
2024 Q1	$146M	Buy	334,415 +3,720	+1%	+$1.44M	0.54%	36
2023 Q4	$111M	Buy	330,695 +22,797	+7%	+$7.61M	0.44%	42
2023 Q3	$91.2M	Buy	307,898 +10,538	+4%	+$3.27M	0.37%	45
2023 Q2	$97.2M	Buy	+297,360	New	+$86.6M	0.41%	44

Other funds holding RACE

Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

Amundi Paris, France $413B AUM 44.57% 1-Year Est. Return

Bank of New York Mellon New York $609B AUM 40.19% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

BOI

Bank of Italy Rome, Italy $2.2B AUM 1.53% 1-Year Est. Return

AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

State of Tennessee, Department of Treasury's RACE Position: Q1 2026 in Review

State of Tennessee, Department of Treasury reduced its Ferrari (RACE) stake by 56% in Q1 2026, selling an estimated $24M and leaving 54,346 shares worth $18.1M. The position accounts for 0.06% of the portfolio, ranked #274.

State of Tennessee, Department of Treasury first reported a position in RACE in Q2 2023 and has held it in 12 quarters since. The position peaked at $146M in Q1 2024. 714 funds tracked by Wall St. Rank hold RACE as of Q1 2026.

State of Tennessee, Department of Treasury held 54,346 shares of Ferrari worth $18.1M as of Q1 2026.
State of Tennessee, Department of Treasury sold 68,673 Ferrari shares in Q1 2026, an estimated $24M.
Ferrari made up 0.06% of State of Tennessee, Department of Treasury's portfolio in Q1 2026, its #274 holding.
State of Tennessee, Department of Treasury first reported a position in Ferrari in Q2 2023 and has held it in 12 quarters since.
State of Tennessee, Department of Treasury's Ferrari position peaked at $146M in Q1 2024.
714 funds tracked by Wall St. Rank held Ferrari as of Q1 2026.

Based on State of Tennessee, Department of Treasury's 13F filing for Q1 2026, filed 15 May 2026.