Banco Santander Ownership

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

Recent Insider Transactions

BRSE:BSD2 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Nov 25	SellCHF 823,307	Mahesh Aditya	Individual	100,000	CHF 8.23
02 Oct 25	SellCHF 370,875	Jaime Perez Renovales	Individual	45,000	CHF 8.24
21 May 25	SellCHF 6,395	Luis Isasi Fernandez de Bobadilla	Individual	962	CHF 6.65
20 May 25	BuyCHF 98,401	Luis Isasi Fernandez de Bobadilla	Individual	15,000	CHF 6.56
08 May 25	BuyCHF 79,914	Belen Romana Garcia	Individual	13,383	CHF 5.97
06 May 25	BuyCHF 818,405	Glenn Hutchins	Individual	137,835	CHF 5.94

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	0.000681%
Private Companies	43,646,246	0.294%
Individual Insiders	122,604,970	0.827%
Institutions	5,253,655,078	35.4%
General Public	9,408,762,839	63.4%

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

Top Shareholders

Top 25 shareholders own 29.06% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.18%	BlackRock, Inc.	1,063,971,089	CHF 8.8b	0.12%	0.14%
4.5%	The Vanguard Group, Inc.	667,060,201	CHF 5.5b	0.7%	0.08%
3%	Dodge & Cox	445,028,700	CHF 3.7b	0%	1.26%
1.73%	FMR LLC	257,273,305	CHF 2.1b	-1.17%	0.13%
1.63%	Norges Bank Investment Management	242,263,788	CHF 2.0b	-6.88%	0.16%
1.1%	Capital Research and Management Company	163,030,023	CHF 1.3b	2.28%	0.06%
0.94%	Amundi Asset Management SAS	139,057,890	CHF 1.1b	-0.13%	0.25%
0.93%	Geode Capital Management, LLC	138,545,545	CHF 1.1b	0.23%	0.08%
0.87%	Fisher Asset Management, LLC	129,399,356	CHF 1.1b	0%	0.47%
0.76%	JP Morgan Asset Management	113,237,797	CHF 934.9m	-0.03%	0.1%
0.69%	Goldman Sachs Group, Investment Banking and Securities Investments	102,267,007	CHF 844.3m	228%	0.35%
0.68%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	101,406,928	CHF 837.2m	0.15%	0.2%
0.67%	Dimensional Fund Advisors LP	100,050,554	CHF 826.1m	2.62%	0.14%
0.63%	Strategic Advisers LLC	93,578,616	CHF 772.6m	21.8%	0.28%
0.59%	Deutsche Asset & Wealth Management	87,854,449	CHF 725.4m	-0.02%	0.2%
0.48%	Acciones Sindicadas	70,931,879	CHF 585.6m	0%	no data
0.45%	State Street Global Advisors, Inc.	66,942,732	CHF 552.7m	0.64%	0.02%
0.44%	Charles Schwab Investment Management, Inc.	65,962,128	CHF 544.6m	0.1%	0.09%
0.38%	UBS Asset Management AG	56,053,789	CHF 462.8m	0%	0.04%
0.29%	Mondrian Investment Partners Limited	42,768,010	CHF 353.1m	-2.37%	2.7%
0.24%	Eaton Vance Management	35,420,211	CHF 292.4m	-9.71%	0.07%
0.23%	Invesco Ltd.	33,975,669	CHF 280.5m	2.01%	0.08%
0.22%	La Banque Postale Asset Management	32,927,406	CHF 271.9m	0%	1.76%
0.21%	Deka Investment GmbH	31,545,071	CHF 260.4m	0.1%	0.24%
0.19%	T. Rowe Price Group, Inc.	28,727,588	CHF 237.2m	-0.38%	0.02%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/09/27 00:06
End of Day Share Price	2025/06/30 00:00
Earnings	2025/06/30
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

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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 Santander, S.A. is covered by 43 analysts. 18 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
Carlos Peixoto	Banco BPI, S.A.
Javier Esteban Lario	Banco de Sabadell. S.A.
Thomas Andrew Rayner	Barclays