XTB 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 9PR?
Owner Type	Number of Shares	Ownership Percentage
Institutions	31,111,424	26.5%
General Public	34,841,058	29.6%
Individual Insiders	51,616,769	43.9%

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

Top Shareholders

Top 25 shareholders own 68.98% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
43.8%	Jakub Zablocki	51,472,869	€1.3b	0%	no data
4.29%	Norges Bank Investment Management	5,044,782	€129.8m	0%	0.01%
3.52%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	4,134,772	€106.4m	0%	0.52%
2.62%	The Vanguard Group, Inc.	3,076,459	€79.1m	0.12%	no data
1.95%	Towarzystwo Funduszy Inwestycyjnych PZU SA	2,296,167	€59.1m	0%	2.06%
1.62%	BlackRock, Inc.	1,904,479	€49.0m	0.1%	no data
1.4%	Franklin Resources, Inc.	1,649,662	€42.4m	0%	0.01%
1.35%	Erste Towarzystwo Funduszy Inwestycyjnych S.A.	1,586,543	€40.8m	0%	2.7%
1.04%	Pekao Towarzystwo Funduszy Inwestycyjnych S.A.	1,224,268	€31.5m	0%	2.73%
1%	Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.	1,173,048	€30.2m	0%	2.31%
0.76%	Skarbiec TFI S.A.	895,769	€23.0m	0%	2.59%
0.75%	Dimensional Fund Advisors LP	876,177	€22.5m	-0.9%	no data
0.7%	PKO Towarzystwo Funduszy Inwestycyjnych SA	824,489	€21.2m	23.4%	0.47%
0.59%	Millennium TFI S.A.	689,458	€17.7m	0%	4.26%
0.56%	Investors Fund Open TFI SA	660,903	€17.0m	0%	2.03%
0.46%	Cambria Investment Management, L.P.	541,093	€13.9m	0.68%	0.37%
0.46%	Generali Investments TFI S.A	540,642	€13.9m	0%	2.19%
0.43%	Evli Fund Management Company Ltd.	500,000	€12.9m	0%	0.34%
0.37%	AXA Towarzystwo Funduszy Inwestycyjnych SA	431,780	€11.1m	0%	1.77%
0.29%	Empowered Funds, LLC	336,133	€8.6m	0%	0.1%
0.25%	BNPP Asset Management Holding	293,100	€7.5m	0%	0.01%
0.22%	Acadian Asset Management LLC	254,297	€6.5m	11.3%	0.01%
0.21%	Boston Partners Global Investors, Inc.	245,070	€6.3m	0%	no data
0.2%	Goldman Sachs Towarzystwo Funduszy Inwestycyjnych S.A.	232,243	€6.0m	0%	0.27%
0.18%	American Century Investment Management Inc	212,688	€5.5m	2.44%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/24 01:23
End of Day Share Price	2026/05/22 00:00
Earnings	2026/03/31
Annual Earnings	2025/12/31

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

XTB S.A. is covered by 6 analysts. 2 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
Mikolaj Lemanczyk	Biuro maklerskie mBanku
Lukasz Janczak	Erste Group Bank AG
Piotr Rychlicki	Ipopema Securities S.A.