Bank of Italy
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 27, 2026), Bank of Italy reported 8 stock positions worth $2.3 billion. Its top holding was Ferrari (RACE) at 39.4% of the portfolio, followed by Totalenergies (TTE, 18.4%) and Stellantis (STLA, 17.4%). Compared with Q3 2025, it opened 1 new position, sold out of 1, added to 1 and reduced 2. The biggest buy was a new position in Totalenergies (TTE) and the biggest sale Ferrari (RACE, shares −2%).
- Most Recent 13F
- Q2 2026
- Location
- ROME, L6
- CIK
- 0001426449
- Portfolio Value
- $2.3B (Q4 2025)
- SEC Filing
- 0001426449-26-000002 ↗ filed Jan 27, 2026
Holdings Value
Holdings 8 stocks · $2.3B
| RACE Ferrari NV | 39.42% | 2,423,235 | $907.4M | Reduce -1.6% |
| TTE Totalenergies SE | 18.37% | 6,475,319 | $423.0M | New |
| STLA Stellantis NV | 17.36% | 35,955,307 | $399.7M | Reduce -1.8% |
| FER Ferrovial NV | 7.52% | 2,663,198 | $173.2M | Add +20.8% |
| USSG Xtrackers MSCI USA Sele Eqty | 7.03% | 2,548,421 | $161.8M | No change |
| SUSL iShares ESG MSCI USA Leaders | 4.68% | 887,779 | $107.7M | No change |
| USCA Xtrack MSCI USA Clim Act Eq | 3.41% | 1,874,310 | $78.4M | No change |
| EFIV SS SPDR S&P 500 ESG ETF | 2.22% | 771,136 | $51.0M | No change |
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 8 | $2.2B | RACE, TTE, STLA, USSG, FER |
| Q1 2026 | 8 | $2.2B | RACE, TTE, STLA, FER, USSG |
| Q4 2025 | 8 | $2.3B | RACE, TTE, STLA, FER, USSG |
| Q3 2025 | 8 | $2.1B | RACE, STLA, USSG, FER, SUSL |
| Q2 2025 | 8 | $2.1B | RACE, STLA, SUSL, USSG, IQSU |
| Q1 2025 | 8 | $1.9B | RACE, STLA, SUSL, USSG, IQSU |
| Q4 2024 | 8 | $2.0B | RACE, STLA, SUSL, USSG, IQSU |
| Q3 2024 | 8 | $2.4B | RACE, STLA, SUSL, USSG, IQSU |
| Q2 2024 | 9 | $2.6B | RACE, STLA, SUSL, USSG, CNH |
| Q1 2024 | 10 | $3.6B | STLA, RACE, SUSL, USSG, ESGU |