Telefónica Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

WBAG:TEF Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
27 Jun 24	Buy€1,113,248,420	Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona, la Caixa	Company		278,800,000	€3.99
05 Apr 24	Buy€363,895,510	Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona, la Caixa	Company		91,500,000	€3.98

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of TEF?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	5,394,310	0.0957%
Public Companies	281,772,449	5%
Private Companies	1,145,854,196	20.3%
Institutions	1,384,966,925	24.6%
General Public	2,819,556,730	50%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 47.16% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.1%	Sociedad Estatal de Participaciones Industriales	567,016,696	€2.2b	0%	no data
10.1%	Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona, la Caixa	566,698,627	€2.2b	0%	no data
5%	Saudi Telecom Company	281,772,449	€1.1b	0%	no data
4.96%	BBVA Asset Management, S.A., S.G.I.I.C	279,472,266	€1.1b	0%	7.03%
3.58%	CaixaBank Asset Management, SGIIC, S.A.U.	201,841,081	€798.5m	0%	4.52%
2.99%	The Vanguard Group, Inc.	168,355,329	€666.0m	-0.08%	0.01%
2.62%	BlackRock, Inc.	147,926,291	€585.2m	-14.9%	0.01%
1.93%	Norges Bank Investment Management	108,989,372	€431.2m	0%	0.04%
0.82%	Capital Research and Management Company	46,410,147	€183.6m	0.04%	0.01%
0.78%	Goldman Sachs Group, Investment Banking and Securities Investments	43,858,075	€173.5m	-62.9%	0.09%
0.77%	Dimensional Fund Advisors LP	43,338,302	€171.4m	0.19%	0.03%
0.68%	Geode Capital Management, LLC	38,189,615	€151.1m	0.04%	0.01%
0.47%	Charles Schwab Investment Management, Inc.	26,752,308	€105.8m	391%	0.02%
0.3%	Amundi Asset Management SAS	16,730,662	€66.2m	-1.03%	0.02%
0.28%	Morgan Stanley, Investment Banking and Brokerage Investments	15,812,944	€62.6m	5.33%	0.01%
0.26%	State Street Global Advisors, Inc.	14,637,495	€57.9m	-2.14%	no data
0.24%	Deutsche Asset & Wealth Management	13,521,229	€53.5m	0%	0.02%
0.24%	UBS Asset Management AG	13,461,122	€53.3m	17.7%	0.01%
0.21%	Halekulani, S.L.	12,014,980	€47.5m	0%	no data
0.19%	Lightman Investment Management Limited	10,508,701	€41.6m	0%	3.76%
0.16%	Pacer Advisors, Inc.	9,111,787	€36.0m	0.07%	0.09%
0.16%	Allspring Global Investments, LLC	9,076,355	€35.9m	2.68%	0.06%
0.15%	Goldman Sachs Asset Management, L.P.	8,503,578	€33.6m	3.29%	0.01%
0.13%	Managed Account Advisors LLC	7,340,755	€29.0m	-6.98%	0.01%
0.13%	Eaton Vance Management	7,092,279	€28.1m	17%	0.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 06:16
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Telefónica, S.A. is covered by 68 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Luis Padrón de la Cruz	Ahorro Corporación
José Valle Carrascal	Ahorro Corporación
Jean-Michel Salvador	AlphaValue