BANCO BILBAO VIZCAYA ARGENTA BBVA
SPONSORED ADR · ADR · CUSIP 05946K101 · ISIN US05946K1016
Spanish banking group
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($5.5m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $19.24. Options: 5 managers hold calls ($10.6m notional), 5 hold puts ($6.0m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 246 |
| Q4 2022 | 263 |
| Q1 2023 | 282 |
| Q2 2023 | 291 |
| Q3 2023 | 297 |
| Q4 2023 | 341 |
| Q1 2024 | 360 |
| Q2 2024 | 379 |
| Q3 2024 | 395 |
| Q4 2024 | 399 |
| Q1 2025 | 424 |
| Q2 2025 | 435 |
| Q3 2025 | 445 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 186 | 102 |
| Q1 2024 | 190 | 122 |
| Q2 2024 | 208 | 129 |
| Q3 2024 | 206 | 142 |
| Q4 2024 | 176 | 188 |
| Q1 2025 | 211 | 169 |
| Q2 2025 | 270 | 125 |
| Q3 2025 | 225 | 188 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $258.1k | $950.8k | 3.68 |
| Q1 2025 | $3.0m | $1.8m | 0.62 |
| Q2 2025 | $7.8m | $7.3m | 0.94 |
| Q3 2025 | $10.6m | $6.0m | 0.56 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +5.1m |
| Symmetry Investments LP | New | +1.0m |
| AMERICAN CENTURY COMPANIES INC | Added | +616.0k |
| MILLENNIUM MANAGEMENT LLC | Added | +605.9k |
| Optiver Holding B.V. | New | +571.1k |
| FMR LLC | Added | +485.0k |
| BNP PARIBAS FINANCIAL MARKETS | Added | +378.6k |
| PARK AVENUE SECURITIES LLC | New | +270.8k |
| BARCLAYS PLC | Added | +185.6k |
| Quantinno Capital Management LP | Added | +176.4k |
Biggest sellers
| Clearbridge Investments, LLC | Reduced | -5.3m |
| Fisher Asset Management, LLC | Reduced | -3.1m |
| ROYAL BANK OF CANADA | Reduced | -1.2m |
| GOLDMAN SACHS GROUP INC | Reduced | -1.1m |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -714.4k |
| RAYMOND JAMES FINANCIAL INC | Reduced | -710.2k |
| BANK OF AMERICA CORP /DE/ | Reduced | -638.6k |
| WELLS FARGO & COMPANY/MN | Reduced | -595.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -574.8k |
| Point72 Asset Management, L.P. | Sold out | -531.7k |
Biggest calls
| Optiver Holding B.V. | Added | $7.5m390.5k shares |
| SIMPLEX TRADING, LLC | Added | $1.0m53.5k shares |
| CITADEL ADVISORS LLC | Reduced | $866.2k45.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | New | $741.1k38.5k shares |
| GROUP ONE TRADING LLC | Added | $494.7k25.7k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $2.4m125.6k shares |
| Optiver Holding B.V. | Added | $2.0m102.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $922.0k47.9k shares |
| CITADEL ADVISORS LLC | Reduced | $581.4k30.2k shares |
| GROUP ONE TRADING LLC | Reduced | $98.2k5.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| Fisher Asset Management, LLC 0.27% of their portfolio | 38.3m $737.5m | Reduced -3.1m |
| MORGAN STANLEY 0.01% of their portfolio | 12.3m $236.1m | Reduced -260.7k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 10.7m $206.0m | Reduced -1.1m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 10.7m $205.4m | Reduced -1.2k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 9.7m $186.6m | Added +5.1m |
| Harding Loevner LP 1.24% of their portfolio | 8.8m $168.6m | Reduced -110.2k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 8.6m $166.5m | Reduced -638.6k |
| BlackRock, Inc. 0.00% of their portfolio | 8.3m $160.7m | Added +37.3k |
| FMR LLC 0.01% of their portfolio | 8.1m $156.0m | Added +485.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 7.3m $141.4m | Reduced -574.8k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 6.7m $128.6m | Reduced -360.1k |
| Capital International Investors 0.02% of their portfolio | 6.6m $125.9m | Added +40.3k |
| Clark Capital Management Group, Inc. 0.69% of their portfolio | 5.8m $110.8m | Added +113.2k |
| ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio | 3.7m $70.5m | Reduced -714.4k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 3.2m $62.5m | Added +616.0k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.16% of their portfolio | 1.4m $27.1m | Added +35.9k |
| Crossmark Global Holdings, Inc. 0.40% of their portfolio | 1.4m $26.5m | Reduced -2.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1.2m $22.9m | Reduced -595.3k |
| State of New Jersey Common Pension Fund D 0.08% of their portfolio | 1.1m $21.3m | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 1.1m $21.0m | Added +378.6k |
| NATIXIS ADVISORS, LLC 0.03% of their portfolio | 1.1m $20.7m | Added +83.6k |
| Symmetry Investments LP 1.64% of their portfolio | 1.0m $20.2m | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 1.0m $20.1m | Reduced -1.2m |
| Quantinno Capital Management LP 0.04% of their portfolio | 826.4k $15.9m | Added +176.4k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 783.1k $15.1m | Added +29.2k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 768.2k $14.8m | Added +605.9k |
| UBS Group AG 0.00% of their portfolio | 757.2k $14.6m | Reduced -89.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 754.7k $14.5m | Added +126.9k |
| US BANCORP \DE\ 0.02% of their portfolio | 742.7k $14.3m | Reduced -39.2k |
| Creative Planning 0.01% of their portfolio | 665.2k $12.8m | Added +91.0k |
| LPL Financial LLC 0.00% of their portfolio | 651.8k $12.5m | Added +48.1k |
| Mariner, LLC 0.01% of their portfolio | 595.4k $11.5m | Added +2.1k |
| NewEdge Wealth, LLC 0.17% of their portfolio | 585.9k $12.0m | Added +42.0k |
| MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio | 575.1k $11.1m | Reduced -10.2k |
| Optiver Holding B.V. 0.18% of their portfolio | 571.1k $11.0m | New |
| QRG CAPITAL MANAGEMENT, INC. 0.13% of their portfolio | 536.5k $10.3m | Reduced -452.0k |
| Ethic Inc. 0.17% of their portfolio | 531.0k $10.2m | Added +4.2k |
| OSAIC HOLDINGS, INC. 0.01% of their portfolio | 528.5k $10.2m | Added +13.1k |
| Altrius Capital Management Inc 2.29% of their portfolio | 521.2k $10.0m | Reduced -149.1k |
| ASSETMARK, INC 0.02% of their portfolio | 518.6k $10.0m | Added +27.1k |
| RITHOLTZ WEALTH MANAGEMENT 0.19% of their portfolio | 503.4k $9.7m | Added +34 |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 502.6k $9.7m | Reduced -710.2k |
| Capital Wealth Planning, LLC 0.07% of their portfolio | 479.1k $9.2m | Reduced -26.3k |
| STIFEL FINANCIAL CORP 0.01% of their portfolio | 472.1k $9.1m | Added +10.5k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 389.3k $7.5m | Added +15.3k |
| Capital World Investors 0.00% of their portfolio | 372.1k $7.1m | Added +63.7k |
| Pathstone Holdings, LLC 0.03% of their portfolio | 347.8k $6.7m | Reduced -3.9k |
| Cetera Investment Advisers 0.01% of their portfolio | 346.4k $6.7m | Added +61.5k |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.05% of their portfolio | 345.9k $6.7m | Reduced -6.8k |
| Clearbridge Investments, LLC 0.00% of their portfolio | 344.7k $6.6m | Reduced -5.3m |
| Vanguard Personalized Indexing Management, LLC 0.07% of their portfolio | 334.9k $6.4m | Added +8.2k |
| Cerity Partners LLC 0.01% of their portfolio | 320.1k $6.2m | Reduced -40.1k |
| GFS Advisors, LLC 0.78% of their portfolio | 317.5k $6.1m | Reduced -3.9k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 312.8k $6.0m | Added +106.6k |
| HighTower Advisors, LLC 0.01% of their portfolio | 299.2k $5.8m | Added +27.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.02% of their portfolio | 299.2k $5.8m | Added +80.0k |
| QUADRANT CAPITAL GROUP LLC 0.17% of their portfolio | 270.8k $5.2m | Added +12.2k |
| PARK AVENUE SECURITIES LLC 0.04% of their portfolio | 270.8k $5.2m | New |
| Rathbones Group PLC 0.02% of their portfolio | 246.2k $4.7m | Added +176.0k |
| Callan Family Office, LLC 0.15% of their portfolio | 242.2k $4.7m | Reduced -10.0k |
| Vident Advisory, LLC 0.05% of their portfolio | 239.2k $4.6m | Added +11.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio | 236.2k $4.5m | Added +25.0k |
| ACADIAN ASSET MANAGEMENT LLC 0.01% of their portfolio | 233.7k $4.5m | Added +132.3k |
| Goodman Advisory Group, LLC 1.10% of their portfolio | 229.8k $4.4m | Reduced -24.7k |
| Capital Research Global Investors 0.00% of their portfolio | 229.3k $4.4m | Reduced -123.7k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 226.2k $4.4m | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 224.9k $4.3m | Added +12.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 224.0k $4.3m | Reduced -7.1k |
| MML INVESTORS SERVICES, LLC 0.01% of their portfolio | 224.0k $4.3m | Reduced -138.6k |
| CITIGROUP INC 0.00% of their portfolio | 209.5k $4.0m | Reduced -15.1k |
| NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio | 205.4k $4.0m | Added +7.8k |
| Integrated Quantitative Investments LLC 1.11% of their portfolio | 203.5k $3.9m | Reduced -33.5k |
| Hennion & Walsh Asset Management, Inc. 0.14% of their portfolio | 198.1k $3.8m | Reduced -36.3k |
| Ramirez Asset Management, Inc. 0.53% of their portfolio | 196.9k $3.8m | Added +15.8k |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.04% of their portfolio | 190.9k $3.7m | Reduced -80.9k |
| BARCLAYS PLC 0.00% of their portfolio | 188.4k $3.6m | Added +185.6k |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 187.3k $3.6m | Reduced -66.3k |
| Sanctuary Advisors, LLC 0.01% of their portfolio | 179.6k $3.0m | Added +54.3k |
| DGS Capital Management, LLC 0.61% of their portfolio | 174.3k $3.4m | Reduced -6.7k |
| NewEdge Advisors, LLC 0.02% of their portfolio | 173.9k $3.3m | Reduced -1.3k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio | 171.8k $3.3m | Added +14.4k |
| Caprock Group, LLC 0.08% of their portfolio | 171.8k $3.1m | First filing |
| Arlington Capital Management, Inc. 2.01% of their portfolio | 163.5k $3.1m | Added +818 |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 161.6k $3.1m | Reduced -1.6k |
| SYNOVUS FINANCIAL CORP 0.03% of their portfolio | 147.4k $2.8m | Added +258 |
| Corient Private Wealth LP 0.00% of their portfolio | 146.2k $2.8m | Added +8.4k |
| Summit Global Investments 0.16% of their portfolio | 145.9k $2.8m | Added +6.6k |
| Naviter Wealth, LLC 0.32% of their portfolio | 143.7k $2.8m | Added +4.0k |
| TRUIST FINANCIAL CORP 0.00% of their portfolio | 142.2k $2.7m | Reduced -44.9k |
| Dorsey Wright & Associates 0.60% of their portfolio | 139.7k $2.7m | Reduced -15.0k |
| REGIONS FINANCIAL CORP 0.01% of their portfolio | 137.7k $2.7m | Added +69.3k |
| OPTIMUM INVESTMENT ADVISORS 1.05% of their portfolio | 137.6k $2.6m | Unchanged |
| VestGen Advisors, LLC 0.09% of their portfolio | 137.6k $2.6m | New |
| SIGNATUREFD, LLC 0.04% of their portfolio | 134.4k $2.6m | Added +4.6k |
| CHOREO, LLC 0.03% of their portfolio | 133.2k $2.6m | Reduced -3.3k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 128.7k $2.5m | New |
| Boston Partners 0.00% of their portfolio | 126.9k $2.4m | Added +16.1k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 125.5k $2.4m | Reduced -8.0k |
| CAPTRUST FINANCIAL ADVISORS 0.00% of their portfolio | 125.0k $2.4m | Added +4.1k |
| DIVERSIFY WEALTH MANAGEMENT, LLC 0.14% of their portfolio | 124.1k $2.5m | Added +1.5k |