| 36.07173 %  | Benedetti Family | 382,291,394 | -15,825,081 |  | 
| 8.02020 %  | Cobas Asset Management, SGIIC, SA | 84,998,776 | -98,238,062 |  | 
| 1.57688 %  | Fideuram - Intesa Sanpaolo Private Banking Asset Management SGR S.p.A. | 16,711,928 | 0 |  | 
| 0.93824 %  | Dimensional Fund Advisors, L.P. | 9,943,530 | 31,611 |  | 
| 0.77430 %  | BlackRock Institutional Trust Company, N.A. | 8,206,052 | 36,499 |  | 
| 0.74622 %  | DFA Australia Ltd. | 7,908,558 | 343,151 |  | 
| 0.55104 %  | Ersel Asset Management SGR S.p.A. | 5,840,000 | 0 |  | 
| 0.54163 %  | Magallanes Value Investors, S.A., SGIIC | 5,740,291 | 0 |  | 
| 0.41629 %  | Mediolanum Gestione Fondi SGR p.A. | 4,411,922 | 2,311,922 |  | 
| 0.34818 %  | Horos Asset Management, SGIIC, S.A. | 3,690,053 | 1,110 |  | 
| 0.29634 %  | Banor Capital Limited | 3,140,604 | 100,000 |  | 
| 0.28496 %  | SG Value Partners AG | 3,020,000 | 0 |  | 
| 0.27046 %  | Eurizon Capital SGR S.p.A. | 2,866,306 | 0 |  | 
| 0.19536 %  | Dimensional Fund Advisors, Ltd. | 2,070,488 | 0 |  | 
| 0.17994 %  | Amundi Asset Management, SAS | 1,907,069 | 31,420 |  | 
| 0.16220 %  | Banor SIM S.p.A. | 1,719,056 | 18,641 |  | 
| 0.11407 %  | BlackRock Advisors (UK) Limited | 1,208,876 | 125,194 |  | 
| 0.11252 %  | Azimut Capital Management Sgr SpA | 1,192,505 | 0 |  | 
| 0.10379 %  | BCC Risparmio&Previdenza S.G.R.p.A. | 1,100,000 | -100,000 |  | 
| 0.09462 %  | DWS Investment GmbH | 1,002,757 | 0 |  | 
| 0.09166 %  | Charles Schwab Investment Management, Inc. | 971,386 | -4,612 |  | 
| 0.08506 %  | DUX Inversores, SGIIC, S.A. | 901,432 | 165 |  | 
| 0.07269 %  | State Street Global Advisors (UK) Ltd. | 770,357 | 225,397 |  | 
| 0.06706 %  | California State Teachers Retirement System | 710,729 | -8,494 |  | 
| 0.06511 %  | Lacuna Vermögen GmbH | 690,000 | 690,000 |  | 
| 0.06103 %  | UBS Asset Management (Switzerland) | 646,814 | 16,420 |  | 
| 0.04987 %  | Amber Capital UK LLP | 528,491 | 0 |  | 
| 0.04954 %  | Fidecum AG | 525,000 | 0 |  | 
| 0.04885 %  | OP Varainhoito Oy | 517,727 | 0 |  | 
| 0.04712 %  | Sella SGR S.p.A. | 499,352 | 0 |  | 
| 0.04259 %  | Quoniam Asset Management GmbH | 451,415 | 0 |  | 
| 0.03890 %  | UBS Asset Management (UK) Ltd. | 412,228 | 0 |  | 
| 0.03707 %  | Eurizon Capital S.A. | 392,923 | 32,393 |  | 
| 0.03537 %  | Nuveen LLC | 374,863 | 0 |  | 
| 0.03067 %  | The Vanguard Group, Inc. | 325,076 | 0 |  | 
| 0.02720 %  | Lazard Asset Management, L.L.C. | 288,226 | 0 |  | 
| 0.02518 %  | Bessemer Trust Company, N.A. (US) | 266,900 | -343,508 |  | 
| 0.02371 %  | Gardner Russo & Quinn LLC | 251,250 | 0 |  | 
| 0.02286 %  | UBS Asset Management Switzerland AG | 242,259 | 0 |  | 
| 0.02211 %  | BlackRock Asset Management Canada Limited | 234,278 | 0 |  | 
| 0.02059 %  | BNP Paribas Asset Management Europe SAS | 218,202 | 15,244 |  | 
| 0.01901 %  | State Street Global Advisors Ireland Limited | 201,450 | 36 |  | 
| 0.01863 %  | American Century Investment Management, Inc. | 197,492 | 2,156 |  | 
| 0.01733 %  | Mercer Global Investments Management Ltd | 183,650 | 0 |  | 
| 0.01591 %  | Zürcher Kantonalbank (Asset Management) | 168,668 | 0 |  | 
| 0.01591 %  | Mediolanum International Funds Limited | 168,619 | 0 |  | 
| 0.01323 %  | Florida State Board of Administration | 140,228 | 109,961 |  | 
| 0.01301 %  | Geode Capital Management, L.L.C. | 137,888 | 0 |  | 
| 0.01284 %  | KLP Kapitalforvaltning AS | 136,055 | 0 |  | 
| 0.01277 %  | Victory Capital Management Inc. | 135,364 | 0 |  | 
| 0.01158 %  | State Street Global Advisors (US) | 122,675 | 0 |  | 
| 0.01085 %  | BlackRock Investment Management (UK) Ltd. | 114,994 | 0 |  | 
| 0.00985 %  | Vanguard Investments Australia Ltd. | 104,429 | -36 |  | 
| 0.00840 %  | Legal & General Investment Management Ltd. | 89,035 | 0 |  | 
| 0.00438 %  | Första AP-Fonden | 46,393 | 46,393 |  | 
| 0.00406 %  | UBS Fund Management (Switzerland) AG | 42,990 | 0 |  | 
| 0.00405 %  | RAM Active Investments S.A. | 42,946 | 42,946 |  | 
| 0.00366 %  | Pictet Asset Management Ltd. | 38,830 | -46,733 |  | 
| 0.00063 %  | DBX Advisors LLC. | 6,632 | 274 |  | 
| 0.00008 %  | Man Investments Inc | 864 | 378 |  | 
| 0.00005 %  | Man Investments, Ltd. | 575 | 575 |  | 
| 0 %  | Julius Baer Gestión, S.G.I.I.C., S.A. | 0 | -227,260 |  | 
| 0 %  | WBS Hünicke Vermögensverwaltung GmbH | 0 | -101,399 |  | 
| 0 %  | CATAM Asset Management AG | 0 | -480,417 |  | 
| 0 %  | Degroof Petercam Asset Management | 0 | -1,183,689 |  | 
| 0 %  | Popular Gestión Privada S.G.I.I.C., S.A. | 0 | -54,271 |  | 
| 0 %  | Lemanik Invest SA | 0 | -2,000,000 |  | 
| 0 %  | Kairos Partners SGR S.p.A. | 0 | -9,266 |  | 
| 0 %  | Nykredit Bank AS | 0 | -33,566 |  | 
| 0 %  | Norges Bank Investment Management (NBIM) | 0 | -1,073,568 |  | 
| 0 %  | Gescooperativo, S.A., S.G.I.I.C. | 0 | -510,439 |  | 
| 0 %  | BBVA Asset Management, S.A., S.G.I.I.C. | 0 | -313,560 |  | 
| 0 %  | Danske Bank Asset Management | 0 | -52,422 |  | 
| 0 %  | Mackenzie Investments | 0 | -71,035 |  | 
| 0 %  | Grantham Mayo Van Otterloo & Co LLC | 0 | -15,729 |  | 
| 0 %  | Connor, Clark & Lunn Investment Management Ltd. | 0 | -3,864 |  |