Banco Pan Ownership

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

Recent Insider Transactions

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 BPAN4?
Owner Type	Number of Shares	Ownership Percentage
General Public	152,448,703	12.2%
Institutions	154,526,387	12.4%
Private Companies	943,595,000	75.5%

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

Top Shareholders

Top 25 shareholders own 87.6% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
75.5%	BTG Pactual G7 Holding S.A.	943,595,000	R$6.3b	-0.26%	no data
2.42%	BTG Pactual Asset Management SA Distribuidora de Títulos e Valores Mobiliários	30,230,500	R$201.3m	-7.74%	0.9%
2.01%	Credit Suisse Hedging-Griffo Corretora de Valores S.A., Asset Management Arm	25,175,000	R$167.7m	0%	14.0%
1.85%	Unity Capital Gestora de Investimentos Ltda.	23,099,730	R$153.8m	0%	80.99%
1.57%	Vinci Equities Gestora de Recursos Ltda.	19,587,800	R$130.5m	0%	2.55%
0.91%	The Vanguard Group, Inc.	11,394,110	R$75.9m	0%	no data
0.83%	Absolute Gestao de Investimentos Ltda	10,341,168	R$68.9m	0%	1.96%
0.62%	BlackRock, Inc.	7,779,586	R$51.8m	-1.47%	no data
0.41%	Matthews International Capital Management, LLC	5,099,100	R$34.0m	0.77%	0.07%
0.37%	Dimensional Fund Advisors LP	4,572,343	R$30.5m	0.18%	no data
0.19%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	2,367,609	R$15.8m	-1.41%	0.07%
0.17%	Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários	2,069,694	R$13.8m	-35.1%	0.11%
0.11%	BC Gestao de Recursos Ltda.	1,358,700	R$9.0m	0%	0.28%
0.094%	State Street Global Advisors, Inc.	1,176,912	R$7.8m	7.33%	no data
0.091%	RPS Capital Administradora de Recursos Ltda	1,143,700	R$7.6m	0%	1.11%
0.069%	First Trust Advisors LP	862,315	R$5.7m	5.67%	no data
0.066%	Itau Unibanco S.A., Asset Management Arm	825,457	R$5.5m	7.66%	0.01%
0.065%	Tork Capital Gestão De Recursos Ltda.	807,088	R$5.4m	0%	0.41%
0.055%	Compass Group LLC	690,100	R$4.6m	0%	0.38%
0.052%	Fundacao de Assistencia e Previdencia Social do BNDES	654,700	R$4.4m	0%	0.32%
0.049%	Caixa Economica Federal, Asset Management Arm	606,500	R$4.0m	-17.8%	0.03%
0.043%	Kapitalo Investimentos Ltda.	537,110	R$3.6m	0%	0.07%
0.042%	Miles Capital Ltda.	520,439	R$3.5m	0%	2.84%
0.038%	Apolo Investimentos Ltda., Asset Management Arm	480,094	R$3.2m	0%	0.32%
0.037%	ATLAS ONE INVESTIMENTOS GESTÃO DE RECURSOS LTDA.	467,600	R$3.1m	0%	4.01%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/18 14:37
End of Day Share Price	2024/12/18 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

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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 Pan S.A. is covered by 21 analysts. 7 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
Roberto de Aguiar Attuch	Barclays
Flavio Yoshida	BofA Global Research
Antonio Gregorin Ruette	BofA Global Research