Bank Of Italy 13F annual report

Bank Of Italy is an investment fund managing more than $2.64 billion ran by Tommaso Perez. There are currently 8 companies in Mr. Perez’s portfolio. The largest investments include Ferrari N.V and Stellantis N.V, together worth $1.66 billion.

$2.64 billion Assets Under Management (AUM)

As of 11th July 2024, Bank Of Italy’s top holding is 2,275,945 shares of Ferrari N.V currently worth over $928 million and making up 35.2% of the portfolio value. Relative to the number of outstanding shares of Ferrari N.V, Bank Of Italy owns more than approximately 0.1% of the company. In addition, the fund holds 36,979,002 shares of Stellantis N.V worth $731 million, whose value fell approximately 0.1% in the past six months. The third-largest holding is Ishares Tr worth $312 million and the next is Dbx Etf Tr worth $345 million, with 7,373,487 shares owned.

Currently, Bank Of Italy's portfolio is worth at least $2.64 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Bank Of Italy

The Bank Of Italy office and employees reside in Rome, Italy. According to the last 13-F report filed with the SEC, Tommaso Perez serves as the On Behalf of the Head of Financial Risk Mgmt. Directorate at Bank Of Italy.

Recent trades

There are companies that Bank Of Italy is getting rid of from its portfolio. Bank Of Italy closed its position in Ishares Tr on 18th July 2024. It sold the previously owned 2,068,908 shares for $238 million. Tommaso Perez also disclosed a decreased stake in Ishares Tr by 0.4%. This leaves the value of the investment at $312 million and 3,201,532 shares.

One of the smallest hedge funds

The two most similar investment funds to Bank Of Italy are Rochdale Investment Management and Icon Advisers. They manage $2.64 billion and $2.64 billion respectively.

Tommaso Perez investment strategy

Bank Of Italy’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Consumer Discretionary — making up 62.9% of the total portfolio value. The fund focuses on investments in the Italy as 12.5% of the portfolio companies are based in the Italy.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 38% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $27.5 billion.

The complete list of Bank Of Italy trades based on 13F SEC filings

These positions were updated on July 18th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Ferrari N.V.	No change 2,275,945	$927,537,000	35.17%
Stellantis N.V	No change 36,979,002	$731,154,000	27.72%
Ishares Tr	35.39% 3,201,532	$311,925,000	11.83%
Dbx Etf Tr	31.01% 7,373,487	$345,106,000	13.09%
Ishares Tr	Closed 2,068,908	$237,842,000
Cnh Indl N V	No change 16,356,391	$164,589,000	6.24%
Indexiq Etf Tr	No change 1,805,576	$82,108,000	3.11%
Spdr Ser Tr	No change 771,136	$40,947,000	1.55%
Qiagen NV	No change 822,445	$33,940,000	1.29%
No transactions found
Showing first 500 out of 9 holdings