Union Bank of the Philippines Ownership

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

Recent Insider Transactions

PSE:UBP Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 Aug 25	Buy₱2,818,510	Erramon Isidro Aboitiz	Individual	91,510	₱30.80
19 Aug 25	Buy₱2,818,510	FMK Capital Partners, Inc	Company	91,510	₱30.80
07 Aug 25	Buy₱63,900	Michael Vincent Condez	Individual	2,000	₱31.95
14 Mar 25	Buy₱624,894	Gosingtian Ventures Inc.,Asset Management Arm	Company	18,800	₱33.39
13 Mar 25	Buy₱666,000	Michael Vincent Condez	Individual	20,000	₱33.30
10 Mar 25	Buy₱32,303	Sabin Aboitiz	Individual	940	₱34.50

Insider Trading Volume

Insider Buying: UBP insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of UBP?
Owner Type	Number of Shares	Ownership Percentage
Individual Insiders	81,087,340	2.45%
Private Companies	449,813,581	13.6%
General Public	484,173,561	14.6%
Institutions	643,473,938	19.4%
Public Companies	1,657,857,164	50%

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

Top Shareholders

Top 25 shareholders own 85.06% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
50%	Aboitiz Equity Ventures, Inc.	1,657,857,164	₱49.6b	0%	23.64%
18.4%	Republic of the Philippines Social Security System	608,578,475	₱18.2b	0%	40.13%
12.4%	The Insular Life Assurance Company, Ltd.	411,850,505	₱12.3b	0%	89.06%
0.88%	Erramon Isidro Aboitiz	29,080,755	₱869.5m	0.32%	no data
0.54%	Mikel Aboitiz	17,851,138	₱533.8m	0%	no data
0.52%	Dimensional Fund Advisors LP	17,269,262	₱516.3m	0.13%	no data
0.35%	Ramon Aboitiz Foundation Inc	11,443,490	₱342.2m	0%	67.7%
0.21%	Danel Aboitiz	7,000,000	₱209.3m	0%	no data
0.19%	FMK Capital Partners, Inc	6,197,206	₱185.3m	1.5%	no data
0.18%	Norges Bank Investment Management	6,104,749	₱182.5m	2,230%	no data
0.17%	Sanfil Management Corp.	5,679,601	₱169.8m	0%	no data
0.17%	Justo Antonio Ortiz	5,639,675	₱168.6m	0%	no data
0.17%	Sabin Aboitiz	5,604,661	₱167.6m	0%	no data
0.13%	Ixidor Holdings, Inc.	4,264,874	₱127.5m	0%	no data
0.099%	Saltore Holding Corporation	3,287,276	₱98.3m	0%	no data
0.082%	Windemere Management Corporation	2,719,379	₱81.3m	0%	no data
0.082%	Alphitonia Management, Inc	2,715,270	₱81.2m	0%	no data
0.082%	Androlepis Management, Inc.	2,715,268	₱81.2m	0%	no data
0.082%	Aldrovanda Management, Inc.	2,715,268	₱81.2m	0%	no data
0.082%	Anacyclus Management, Inc.	2,715,268	₱81.2m	0%	no data
0.073%	Samel Aboitiz	2,430,468	₱72.7m	0%	no data
0.063%	Iker Markel Aboitiz	2,073,714	₱62.0m	0%	no data
0.054%	Ana Maria Delgado	1,792,090	₱53.6m	0%	no data
0.052%	Imapola Management Inc.	1,719,399	₱51.4m	0%	no data
0.049%	Tutubel Management Inc	1,624,998	₱48.6m	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/10/06 00:13
End of Day Share Price	2025/10/06 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

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

Union Bank of the Philippines is covered by 12 analysts. 4 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
Julian Vincent Roxas	BofA Global Research
Alfred Dy	CLSA
Charmaine Co	COL Financial Group, Inc