Banco Santander Ownership

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

Recent Insider Transactions

OTCPK:BCDR.F Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
05 Nov 25	SellUS$1,015,000	Mahesh Aditya	Individual	100,000	US$10.15
02 Oct 25	SellUS$464,110	Jaime Perez Renovales	Individual	45,000	US$10.31
21 May 25	SellUS$7,749	Luis Isasi Fernandez de Bobadilla	Individual	962	US$8.05
20 May 25	BuyUS$118,386	Luis Isasi Fernandez de Bobadilla	Individual	15,000	US$7.89
08 May 25	BuyUS$96,649	Belen Romana Garcia	Individual	13,383	US$7.22
06 May 25	BuyUS$993,101	Glenn Hutchins	Individual	137,835	US$7.21

Insider Trading Volume

Insider Buying: BCDR.F insiders have only sold shares in the past 3 months.

Ownership Breakdown

What is the ownership structure of BCDR.F?
Owner Type	Number of Shares	Ownership Percentage
Public Companies	100,913	0.000688%
Private Companies	43,646,246	0.297%
Individual Insiders	151,356,803	1.03%
Institutions	5,558,524,104	37.9%
General Public	8,917,974,668	60.8%

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

Top Shareholders

Top 25 shareholders own 31.33% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
7.26%	BlackRock, Inc.	1,065,235,870	US$13.0b	0.12%	0.16%
4.55%	The Vanguard Group, Inc.	667,539,715	US$8.2b	0.74%	0.09%
3.03%	Dodge & Cox	445,028,700	US$5.4b	0%	1.44%
2.02%	FMR LLC	296,312,663	US$3.6b	13.6%	0.18%
1.77%	Capital Research and Management Company	259,090,434	US$3.2b	4.85%	0.13%
1.65%	Norges Bank Investment Management	242,263,788	US$3.0b	0%	0.19%
1.56%	The Goldman Sachs Group, Inc.	229,291,581	US$2.8b	169%	0.99%
0.98%	Geode Capital Management, LLC	143,290,809	US$1.8b	1.46%	0.09%
0.94%	Amundi Asset Management SAS	137,750,042	US$1.7b	-0.02%	0.28%
0.81%	Fisher Asset Management, LLC	119,436,379	US$1.5b	0%	0.49%
0.8%	JP Morgan Asset Management	117,495,743	US$1.4b	3.46%	0.12%
0.77%	Dimensional Fund Advisors LP	112,316,987	US$1.4b	3.47%	0.18%
0.69%	Strategic Advisers LLC	100,615,816	US$1.2b	6.04%	0.33%
0.68%	Deutsche Asset & Wealth Management	99,617,798	US$1.2b	0%	0.26%
0.65%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	95,919,526	US$1.2b	-1.23%	0.23%
0.48%	Acciones Sindicadas	70,931,879	US$868.3m	0%	no data
0.45%	State Street Global Advisors, Inc.	66,007,811	US$808.0m	2.82%	0.02%
0.44%	UBS Asset Management AG	63,870,781	US$781.8m	-0.28%	0.06%
0.42%	Charles Schwab Investment Management, Inc.	61,738,733	US$755.7m	-1.92%	0.1%
0.28%	Invesco Ltd.	41,143,129	US$503.6m	8.59%	0.12%
0.23%	Eaton Vance Management	34,440,071	US$421.6m	0%	0.08%
0.23%	Ana de Sautuola y O'Shea	33,846,611	US$414.3m	0%	no data
0.22%	Deka Investment GmbH	32,187,148	US$394.0m	-0.02%	0.28%
0.21%	T. Rowe Price Group, Inc.	30,592,254	US$374.5m	1.74%	0.03%
0.21%	Mondrian Investment Partners Limited	30,395,866	US$372.1m	-1.39%	2.42%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/01/20 17:05
End of Day Share Price	2026/01/16 00:00
Earnings	2025/09/30
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

Banco Santander, S.A. is covered by 46 analysts. 16 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
Carlos Peixoto	Banco BPI, S.A.
Javier Esteban Lario	Banco de Sabadell. S.A.
Cecilia Romero Reyes	Barclays