Telefónica Ownership

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

Recent Insider Transactions

BMV:TEF1 N Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Role	Shares	Max Price
27 Jun 24	BuyMex$21,863,574,475	Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona, la Caixa	Company		278,800,000	Mex$78.42
05 Apr 24	BuyMex$6,493,456,297	Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona, la Caixa	Company		91,500,000	Mex$70.97

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 TEF1 N?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	5,051,528	0.089%
Private Companies	12,376,333	0.218%
Institutions	1,555,923,692	27.4%
General Public	4,105,611,455	72.3%

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

Top Shareholders

Top 25 shareholders own 23.73% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
4.95%	BBVA Asset Management, S.A., S.G.I.I.C.	281,254,069	Mex$23.0b	0.41%	7.91%
3.97%	BlackRock, Inc.	225,579,932	Mex$18.5b	-11.3%	0.02%
3.56%	CaixaBank Asset Management, SGIIC, S.A.U.	202,133,314	Mex$16.6b	0%	75.25%
3.28%	The Vanguard Group, Inc.	186,266,880	Mex$15.3b	2.04%	0.02%
1.96%	Norges Bank Investment Management	111,557,088	Mex$9.1b	25.1%	0.05%
0.89%	Capital Research and Management Company	50,686,850	Mex$4.2b	-0.02%	0.01%
0.63%	Geode Capital Management, LLC	35,931,494	Mex$2.9b	-0.28%	0.02%
0.62%	Amundi Asset Management	35,460,111	Mex$2.9b	1.19%	0.04%
0.61%	Dimensional Fund Advisors LP	34,808,384	Mex$2.9b	0.71%	0.03%
0.4%	Charles Schwab Investment Management, Inc.	22,829,378	Mex$1.9b	5.45%	0.02%
0.34%	J.P. Morgan Asset Management, Inc.	19,257,789	Mex$1.6b	21.7%	0.01%
0.29%	Morgan Stanley, Investment Banking and Brokerage Investments	16,496,036	Mex$1.4b	-3.82%	0.01%
0.23%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	13,328,997	Mex$1.1b	0%	0.02%
0.23%	UBS Asset Management AG	12,921,721	Mex$1.1b	-0.53%	0.01%
0.22%	State Street Global Advisors, Inc.	12,519,887	Mex$1.0b	4.47%	no data
0.21%	Halekulani, S.L.	12,014,980	Mex$984.4m	0%	no data
0.18%	Deka Investment GmbH	10,176,066	Mex$833.8m	-4.98%	0.05%
0.17%	Deutsche Asset & Wealth Management	9,611,013	Mex$787.5m	-6.1%	0.02%
0.16%	Allspring Global Investments, LLC	9,131,471	Mex$748.1m	-5.65%	0.06%
0.16%	Aviva Investors Global Services Limited	8,993,178	Mex$736.8m	-23.8%	0.06%
0.15%	Pacific Investment Management Company LLC	8,293,472	Mex$679.5m	-2.68%	0.17%
0.15%	EdenTree Investment Management Limited	8,273,633	Mex$677.9m	0%	1.72%
0.13%	HSBC Global Asset Management (UK) Limited	7,316,183	Mex$599.4m	0.45%	0.02%
0.11%	AP Fonden 7	6,500,044	Mex$532.6m	0%	0.04%
0.11%	M&G Investment Management Limited	6,323,555	Mex$518.1m	0.17%	0.06%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/04/28 21:26
End of Day Share Price	2023/01/29 00:00
Earnings	2022/12/31
Annual Earnings	2022/12/31

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

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 .

Analyst Sources

Telefónica, S.A. is covered by 68 analysts. 23 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
Luis Padrón de la Cruz	Ahorro Corporación
José Valle Carrascal	Ahorro Corporación
Jean-Michel Salvador	AlphaValue