Banco Santander Ownership

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

Recent Insider Transactions

BUL:BSD2 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
01 Feb 24	Buy€170,100	Luis Isasi Fernandez de Bobadilla	Individual		45,000	€3.78

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 BSD2?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	100,913	0.000665%
Private Companies	38,561,628	0.254%
Individual Insiders	147,140,471	0.97%
Institutions	4,898,551,656	32.3%
General Public	10,090,740,465	66.5%

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

Top Shareholders

Top 25 shareholders own 25.87% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7%	BlackRock, Inc.	1,061,506,950	€4.7b	19.5%	0.08%
4%	The Vanguard Group, Inc.	606,870,536	€2.7b	0.28%	0.04%
3.24%	Dodge & Cox	491,674,357	€2.2b	0%	0.76%
1.71%	Norges Bank Investment Management	260,161,878	€1.1b	0%	0.09%
1.02%	Fisher Asset Management, LLC	155,392,158	€681.7m	0%	0.28%
0.96%	FMR LLC	146,155,964	€641.2m	-0.22%	0.04%
0.91%	Amundi Asset Management SAS	138,841,432	€609.1m	0.66%	0.13%
0.89%	Geode Capital Management, LLC	135,131,763	€592.8m	0.75%	0.04%
0.63%	Dimensional Fund Advisors LP	95,631,328	€419.5m	0.26%	0.07%
0.6%	JP Morgan Asset Management	91,797,740	€402.7m	-0.25%	0.04%
0.6%	Deutsche Asset & Wealth Management	91,546,137	€401.6m	0%	0.12%
0.47%	Acciones Sindicadas	70,931,879	€311.2m	0%	no data
0.44%	Charles Schwab Investment Management, Inc.	66,093,889	€289.9m	1.81%	0.05%
0.41%	State Street Global Advisors, Inc.	62,730,545	€275.2m	-0.02%	0.01%
0.39%	Strategic Advisers LLC	59,843,995	€262.5m	0.03%	0.1%
0.37%	UBS Asset Management AG	56,753,710	€249.0m	19%	0.02%
0.33%	Mondrian Investment Partners Limited	50,636,319	€222.1m	-0.22%	1.51%
0.33%	Capital Research and Management Company	49,567,490	€217.4m	4.43%	0.01%
0.26%	Eaton Vance Management	39,124,903	€171.6m	5.82%	0.04%
0.23%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	34,608,772	€151.8m	-46.6%	0.04%
0.22%	Ana de Sautuola y O'Shea	33,054,752	€145.0m	0%	no data
0.22%	KBC Asset Management NV	32,900,786	€144.3m	0%	0.27%
0.21%	Deka Investment GmbH	32,584,540	€142.9m	0.16%	0.13%
0.21%	LBP AM	31,172,873	€136.7m	2.16%	0.63%
0.2%	CaixaBank Asset Management, SGIIC, S.A.U.	30,593,537	€134.2m	0%	0.71%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/31 10:55
End of Day Share Price	2024/12/27 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

Banco Santander, S.A. is covered by 59 analysts. 16 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
José Valle Carrascal	Ahorro Corporación
David Grinsztajn	AlphaValue
Carlos Peixoto	Banco BPI, S.A.