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Portfolio (Quarterly) Guide ↗

Bank of Italy

· CIK 0001426449
13F Portfolio $2.3B AUM 8 positions Filed Jan 27, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 1 New 1 Added 2 Reduced 1 Exited
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 RACE FERRARI N V Consumer Cyclical 2,423,235.0 $907.4M 39.42% -40K -1.6% $374.47 -11.3%
2 TOTALENERGIES SE 6,475,319.0 $423.0M 18.37% NEW $65.32
3 STLA STELLANTIS N.V Consumer Cyclical 35,955,307.0 $399.7M 17.36% -675K -1.8% $11.12 -29.5%
4 FERROVIAL SE 2,663,198.0 $173.2M 7.52% +459K +20.8% $65.02
5 USSG DBX ETF TR 2,548,421.0 $161.8M 7.03% $63.50 +8.1%
6 SUSL ISHARES TR 887,779.0 $107.7M 4.68% $121.27 +8.0%
7 USCA DBX ETF TR 1,874,310.0 $78.4M 3.41% $41.83 +5.5%
8 EFIV SPDR SERIES TRUST 771,136.0 $51.0M 2.22% $66.15 +8.4%

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Consumer Cyclical 100.0%