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	17,236,828	14.7%
General Public	40,315,654	34.3%
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 64.78% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
50.9%	Jakub Zablocki	59,872,869	zł4.6b	0%	no data
1.85%	Towarzystwo Funduszy Inwestycyjnych PZU SA	2,174,590	zł168.3m	0%	2.23%
1.45%	Allianz Asset Management GmbH	1,707,279	zł132.1m	0%	0.01%
1.22%	The Vanguard Group, Inc.	1,436,842	zł111.2m	1.14%	no data
1.19%	BlackRock, Inc.	1,400,466	zł108.4m	6.08%	no data
1.15%	Norges Bank Investment Management	1,349,053	zł104.4m	0%	no data
0.75%	Skarbiec TFI S.A.	878,212	zł68.0m	-0.01%	2.33%
0.66%	Dimensional Fund Advisors LP	780,380	zł60.4m	5.06%	no data
0.61%	Goldman Sachs Asset Management, L.P.	714,708	zł55.3m	8.88%	no data
0.56%	GAMMA PKO Towarzystwo Funduszy Inwestycyjnych SA	661,658	zł51.2m	0%	0.42%
0.5%	Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A.	589,159	zł45.6m	1.27%	0.09%
0.48%	Santander Towarzystwo Funduszy Inwestycyjnych S.A.	568,157	zł44.0m	0%	0.81%
0.45%	Pioneer Pekao Towarzystwo Funduszy Inwestycyjnych S.A	530,381	zł41.1m	0%	1.43%
0.44%	AXA Towarzystwo Funduszy Inwestycyjnych SA	515,703	zł39.9m	0%	2.23%
0.36%	Franklin Resources, Inc.	421,135	zł32.6m	0%	no data
0.33%	Cambria Investment Management, L.P.	383,302	zł29.7m	8.92%	0.28%
0.3%	Millennium TFI S.A.	355,974	zł27.6m	0%	3.61%
0.27%	Investors Fund Open TFI SA	318,079	zł24.6m	0%	0.89%
0.24%	AgioFunds Towarzystwo Funduszy Inwestycyjnych S.A.	283,829	zł22.0m	0%	1.33%
0.22%	Union Investment TFI S.A	261,019	zł20.2m	0%	1.14%
0.2%	Quercus TFI S.A.	238,661	zł18.5m	0%	1.89%
0.18%	Acadian Asset Management LLC	215,532	zł16.7m	0%	0.01%
0.18%	Generali Powszechne Towarzystwo Emerytalne S A	206,849	zł16.0m	0%	0.06%
0.15%	BNPP Asset Management Holding	174,340	zł13.5m	0%	0.01%
0.11%	IPOPEMA Towarzystwo Funduszy Inwestycyjnych SA	123,718	zł9.6m	0%	2.17%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/22 18:23
End of Day Share Price	2025/01/22 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.