Telefónica 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 TNE5?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	3,159,342	0.056%
Public Companies	565,315,107	10%
Institutions	949,373,000	16.8%
Private Companies	1,133,465,294	20.1%
General Public	2,986,605,607	53%

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

Top Shareholders

Top 25 shareholders own 45.01% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
10.1%	Sociedad Estatal de Participaciones Industriales	567,016,155	CHF 1.9b	0%	no data
10.1%	Criteria Caixa, S.A.	566,449,139	CHF 1.9b	0%	no data
10%	Saudi Telecom Company	565,315,107	CHF 1.9b	0%	no data
5.04%	BBVA Asset Management, S.A., S.G.I.I.C	283,899,914	CHF 945.7m	0%	4.0%
3.26%	The Vanguard Group, Inc.	183,911,684	CHF 612.6m	-0.17%	0.01%
1.55%	Norges Bank Investment Management	87,579,498	CHF 291.7m	0%	0.02%
0.79%	The Goldman Sachs Group, Inc.	44,281,862	CHF 147.5m	-2.25%	0.07%
0.69%	Geode Capital Management, LLC	38,925,798	CHF 129.7m	-1.37%	0.01%
0.67%	Dimensional Fund Advisors LP	37,999,540	CHF 126.6m	2.43%	0.02%
0.41%	Charles Schwab Investment Management, Inc.	23,161,781	CHF 77.2m	0.4%	0.01%
0.28%	Amundi Asset Management SAS	15,670,472	CHF 52.2m	0%	0.01%
0.28%	State Street Global Advisors, Inc.	15,579,759	CHF 51.9m	0.68%	no data
0.24%	UBS Asset Management AG	13,557,419	CHF 45.2m	0.89%	no data
0.22%	Morgan Stanley	12,354,307	CHF 41.2m	-21.3%	no data
0.21%	Deutsche Asset & Wealth Management	11,566,760	CHF 38.5m	0%	0.01%
0.19%	Pacer Advisors, Inc.	10,836,345	CHF 36.1m	41.4%	0.12%
0.15%	Goldman Sachs Asset Management, L.P.	8,271,905	CHF 27.6m	1.09%	no data
0.15%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	8,187,405	CHF 27.3m	0%	0.01%
0.14%	CaixaBank Asset Management, SGIIC, S.A.U.	8,154,319	CHF 27.2m	0%	0.16%
0.13%	Odey Asset Management LLP	7,309,227	CHF 24.3m	0%	2.9%
0.12%	Deka Investment GmbH	7,005,473	CHF 23.3m	0%	0.02%
0.093%	Candriam, Société En Commandite Par Actions	5,242,950	CHF 17.5m	0%	0.06%
0.093%	American Century Investment Management Inc	5,225,958	CHF 17.4m	-10.3%	no data
0.089%	Jupiter Fund Management Plc	5,006,205	CHF 16.7m	0%	0.05%
0.088%	Eaton Vance Management	4,965,267	CHF 16.5m	-9.16%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/02/24 21:08
End of Day Share Price	2026/02/11 00:00
Earnings	2025/09/30
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

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

Telefónica, S.A. is covered by 47 analysts. 19 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
Andrew Charles Beale	Arete Research Services LLP
Bruno Bessa	Banco BPI, S.A.
José Ocina Cabezon	Banco BPI, S.A.