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 XTB?
Owner Type	Number of Shares	Ownership Percentage
Institutions	16,822,497	14.3%
General Public	40,729,985	34.6%
Individual Insiders	60,016,769	51%

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

Top Shareholders

Top 25 shareholders own 64.55% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
50.9%	Jakub Zablocki	59,872,869	zł4.0b	0%	no data
1.85%	Towarzystwo Funduszy Inwestycyjnych PZU SA	2,174,590	zł146.7m	0%	2.03%
1.46%	Allianz Asset Management GmbH	1,713,555	zł115.6m	0%	0.01%
1.21%	The Vanguard Group, Inc.	1,425,076	zł96.1m	0.32%	no data
1.19%	BlackRock, Inc.	1,398,200	zł94.3m	5.91%	no data
1.15%	Norges Bank Investment Management	1,349,053	zł91.0m	0%	no data
0.75%	Skarbiec TFI S.A.	878,212	zł59.2m	-0.01%	2.1%
0.64%	Dimensional Fund Advisors LP	750,146	zł50.6m	1.14%	no data
0.56%	GAMMA PKO Towarzystwo Funduszy Inwestycyjnych SA	661,658	zł44.6m	0%	0.38%
0.49%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	581,756	zł39.2m	0%	0.08%
0.48%	Santander Towarzystwo Funduszy Inwestycyjnych S.A.	568,157	zł38.3m	0%	0.72%
0.48%	Goldman Sachs Asset Management, L.P.	559,913	zł37.8m	0%	no data
0.45%	Pioneer Pekao Towarzystwo Funduszy Inwestycyjnych S.A	530,381	zł35.8m	0%	1.28%
0.44%	AXA Towarzystwo Funduszy Inwestycyjnych SA	515,703	zł34.8m	0%	2.0%
0.36%	Franklin Resources, Inc.	421,135	zł28.4m	0%	no data
0.33%	Cambria Investment Management, L.P.	382,172	zł25.8m	8.6%	0.26%
0.3%	Millennium TFI S.A.	355,974	zł24.0m	0%	3.27%
0.27%	Investors Fund Open TFI SA	318,079	zł21.5m	0%	0.8%
0.24%	AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A.	283,829	zł19.1m	0%	1.18%
0.22%	Union Investment TFI S.A	261,019	zł17.6m	0%	1.01%
0.2%	Quercus TFI S.A.	238,661	zł16.1m	0%	1.73%
0.18%	Acadian Asset Management LLC	215,532	zł14.5m	0%	0.01%
0.15%	BNPP Asset Management Holding	174,340	zł11.8m	0%	no data
0.11%	IPOPEMA Towarzystwo Funduszy Inwestycyjnych SA	129,932	zł8.8m	0%	1.59%
0.11%	Eaton Vance Management	129,614	zł8.7m	33.8%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 09:04
End of Day Share Price	2024/12/20 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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

XTB S.A. is covered by 4 analysts. 1 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
Kamil Kliszcz	Biuro maklerskie mBanku
Lukasz Janczak	Erste Group Bank AG
Marta Czajkowska-Baldyga	Ipopema Securities S.A.