Banco do Estado do Rio Grande do Sul 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 BRSR6?
Owner Type	Number of Shares	Ownership Percentage
Institutions	67,826,640	16.6%
General Public	139,170,999	34%
State or Government	201,976,838	49.4%

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

Top Shareholders

Top 25 shareholders own 65.63% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
49.4%	Estado do Rio Grande do Sul	201,976,838	R$2.5b	0%	no data
3.04%	BlackRock, Inc.	12,419,078	R$151.5m	0%	no data
2.29%	Real Investor	9,374,900	R$114.4m	-13.2%	no data
1.96%	The Vanguard Group, Inc.	7,999,951	R$97.6m	0%	no data
1.88%	Vokin Investimentos	7,690,500	R$93.8m	0%	9.02%
1.51%	REAL Investor Gestao de Recursos Ltda.	6,192,826	R$75.6m	0%	3.91%
1.28%	Dimensional Fund Advisors LP	5,218,409	R$63.7m	-1.07%	no data
0.77%	Hartford Funds Management Company, LLC	3,139,300	R$38.3m	0%	0.02%
0.75%	Nordea Investment Management, AB	3,070,695	R$37.5m	0.13%	no data
0.38%	Boston Partners Global Investors, Inc.	1,546,000	R$18.9m	0%	no data
0.37%	BB Gestão de Recursos - Distribuidora de Títulos e Valores Mobiliários S.A.	1,532,500	R$18.7m	-48.6%	0.08%
0.35%	Charles River Administradora De Recursos Financeiros Ltda, Asset Management Arm	1,434,900	R$17.5m	0%	3.84%
0.24%	Real Investor Asset Management LTDA	973,600	R$11.9m	0%	4.12%
0.22%	Banco Alfa de Investimento, Asset Management Arm	900,000	R$11.0m	0%	4.27%
0.19%	Banco Itaucard S.A., Asset Management Arm	796,226	R$9.7m	12.1%	0.72%
0.17%	American Century Investment Management Inc	712,800	R$8.7m	1.88%	no data
0.17%	Nordea Fund Management	695,700	R$8.5m	0%	0.02%
0.16%	Caixa Economica Federal, Asset Management Arm	646,780	R$7.9m	-8.39%	0.05%
0.14%	Itau Unibanco S.A., Asset Management Arm	585,924	R$7.1m	1.48%	0.02%
0.09%	KP Gestão de Recursos LTDA	366,800	R$4.5m	0%	7.51%
0.069%	State Street Global Advisors, Inc.	283,752	R$3.5m	0%	no data
0.059%	Miles Capital Ltda.	240,261	R$2.9m	0%	1.99%
0.05%	Bradesco Asset Management S.A. Distribuidora de Títulos e Valores Mobiliários	204,735	R$2.5m	-46.5%	0.02%
0.049%	Alfa Previdência e Vida S.A.	200,000	R$2.4m	0%	1.8%
0.046%	Acadian Asset Management LLC	189,000	R$2.3m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/04 02:16
End of Day Share Price	2025/05/02 00:00
Earnings	2024/12/31
Annual Earnings	2024/12/31

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.

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 Github.

Analyst Sources

Banco do Estado do Rio Grande do Sul S.A. is covered by 19 analysts. 8 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
Rafael Reis	BB Banco de Investimento S.A.
Antonio Gregorin Ruette	BofA Global Research