Vault-13

BANCO SANTANDER S.A. SAN

ADR · ADR · CUSIP 05964H105

Bank company based in Cantabria, Spain

467 institutional holders +41 vs Q1 2025
387,868,893387.9m shares reported held*
$3.2bnreported value*
88 new 223 added 77 reduced 45 sold out net bought ≈ $247.2m (+29.1m shares)

* 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 ($6.6m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $8.30. Options: 12 managers hold calls ($28.1m notional), 9 hold puts ($12.1m).

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 289Q4 22: 305Q1 23: 321Q2 23: 321Q3 23: 338Q4 23: 375Q1 24: 381Q2 24: 398Q3 24: 399Q4 24: 410Q1 25: 426Q2 25: 467467Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022289
Q4 2022305
Q1 2023321
Q2 2023321
Q3 2023338
Q4 2023375
Q1 2024381
Q2 2024398
Q3 2024399
Q4 2024410
Q1 2025426
Q2 2025467

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q3 23: 155 bought or addedQ3 23: 115 cut or sold outQ4 23: 208 bought or addedQ4 23: 115 cut or sold outQ4 23Q1 24: 194 bought or addedQ1 24: 132 cut or sold outQ2 24: 215 bought or addedQ2 24: 126 cut or sold outQ2 24Q3 24: 196 bought or addedQ3 24: 160 cut or sold outQ4 24: 212 bought or addedQ4 24: 153 cut or sold outQ4 24Q1 25: 233 bought or addedQ1 25: 164 cut or sold outQ2 25: 311 bought or addedQ2 25: 122 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 2023155115
Q4 2023208115
Q1 2024194132
Q2 2024215126
Q3 2024196160
Q4 2024212153
Q1 2025233164
Q2 2025311122

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30mQ3 24 calls: $645.8kQ3 24 puts: $729.5kQ3 24P/C 1.13Q4 24 calls: $1.6mQ4 24 puts: $929.4kQ4 24P/C 0.58Q1 25 calls: $16.2mQ1 25 puts: $6.1mQ1 25P/C 0.37Q2 25 calls: $28.1mQ2 25 puts: $12.1mQ2 25P/C 0.43
Numbers
QuarterCallsPutsP/C
Q3 2024$645.8k$729.5k1.13
Q4 2024$1.6m$929.4k0.58
Q1 2025$16.2m$6.1m0.37
Q2 2025$28.1m$12.1m0.43

Biggest buyers

Capital International Investors New +8,672,990+8.7m
LAZARD ASSET MANAGEMENT LLC Added +7,642,783+7.6m
ROYAL BANK OF CANADA Added +6,153,625+6.2m
FMR LLC Added +5,967,758+6.0m
Clark Capital Management Group, Inc. Added +5,653,779+5.7m
Chevy Chase Trust Holdings, LLC Added +2,607,392+2.6m
MORGAN STANLEY Added +2,242,832+2.2m
BANK OF AMERICA CORP /DE/ Added +1,942,579+1.9m
WELLS FARGO & COMPANY/MN Added +1,926,231+1.9m
ENVESTNET ASSET MANAGEMENT INC Added +1,817,192+1.8m

Biggest sellers

Fisher Asset Management, LLC Reduced -10,751,133-10.8m
Optiver Holding B.V. Sold out -5,797,293-5.8m
BARCLAYS PLC Sold out -2,865,477-2.9m
Arrowpoint Investment Partners (Singapore) Pte. Ltd. Sold out -1,519,618-1.5m
STATE STREET CORP Reduced -1,104,893-1.1m
RWA WEALTH PARTNERS, LLC Reduced -1,009,898-1.0m
TODD ASSET MANAGEMENT LLC Reduced -936,482-936.5k
OLD MISSION CAPITAL LLC Sold out -887,446-887.4k
CITIGROUP INC Reduced -870,219-870.2k
BNP PARIBAS FINANCIAL MARKETS Reduced -828,441-828.4k

Biggest calls

PEAK6 LLC Added $16.6m2.0m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $4.3m516.2k shares
Optiver Holding B.V. Reduced $3.6m428.1k shares
SIMPLEX TRADING, LLC Added $819.0k98.7k shares
CITADEL ADVISORS LLC Reduced $606.7k73.1k shares
GROUP ONE TRADING LLC Added $528.7k63.7k shares
IMC-Chicago, LLC Reduced $477.2k57.5k shares
Caption Management, LLC Unchanged $410.9k49.5k shares
Walleye Trading LLC New $394.2k47.5k shares
WOLVERINE TRADING, LLC Added $313.1k38.0k shares

Biggest puts

Optiver Holding B.V. Added $6.5m788.2k shares
Walleye Trading LLC New $1.8m217.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $1.5m185.5k shares
GROUP ONE TRADING LLC Added $764.4k92.1k shares
SIMPLEX TRADING, LLC Added $581.0k70.0k shares
CITADEL ADVISORS LLC Added $386.8k46.6k shares
IMC-Chicago, LLC New $328.7k39.6k shares
WOLVERINE TRADING, LLC Added $144.2k17.5k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 Q2 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 Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Fisher Asset Management, LLC 0.39% of their portfolio PLANO, TX 117,592,077117.6m $976.0m $976.0m 0.39% Reduced -10.8m -10,751,133
2 FMR LLC 0.01% of their portfolio BOSTON, MA 31,336,99731.3m $260.1m $260.1m 0.01% Added +6.0m +5,967,758
3 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 30,174,47830.2m $250.4m $250.4m 0.02% Added +2.2m +2,242,832
4 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 17,534,50717.5m $145.5m $145.5m 0.02% Added +308.0k +308,033
5 Chevy Chase Trust Holdings, LLC 0.35% of their portfolio BETHESDA, MD 14,482,98614.5m $120.2m $120.2m 0.35% Added +2.6m +2,607,392
6 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.08% of their portfolio BOSTON, MA 14,315,83414.3m $118.8m $118.8m 0.08% Reduced -593.7k -593,711
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 12,462,17912.5m $103.4m $103.4m 0.00% Added +1.3m +1,274,427
8 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 11,843,21811.8m $98.3m $98.3m 0.01% Added +385.5k +385,477
9 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 10,907,71710.9m $90.5m $90.5m 0.02% Reduced -17.4k -17,391
10 Capital International Investors 0.01% of their portfolio Los Angeles, CA 8,672,9908.7m $71.5m $71.5m 0.01% New
11 CIBC Private Wealth Group LLC 0.13% of their portfolio ATLANTA, GA 8,605,8498.6m $71.4m $71.4m 0.13% Reduced -680.1k -680,074
12 TODD ASSET MANAGEMENT LLC 1.41% of their portfolio Louisville, KY 7,867,3977.9m $65.3m $65.3m 1.41% Reduced -936.5k -936,482
13 LAZARD ASSET MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 7,643,1587.6m $63.4m $63.4m 0.09% Added +7.6m +7,642,783
14 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 6,713,1066.7m $55.7m $55.7m 0.01% Added +6.2m +6,153,625
15 Clark Capital Management Group, Inc. 0.33% of their portfolio PHILADELPHIA, PA 5,671,0475.7m $47.1m $47.1m 0.33% Added +5.7m +5,653,779
16 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 4,778,0864.8m $39.7m $39.7m 0.00% Added +1.9m +1,942,579
17 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.31% of their portfolio FRANKFORT, KY 4,666,1604.7m $38.7m $38.7m 0.31% Reduced -763.1k -763,100
18 AMERICAN CENTURY COMPANIES INC 0.02% of their portfolio KANSAS CITY, MO 3,614,9123.6m $30.0m $30.0m 0.02% Added +315.0k +315,032
19 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 3,001,2563.0m $24.9m $24.9m 0.01% Added +1.8m +1,817,192
20 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,859,0972.9m $23.7m $23.7m 0.00% Added +654.5k +654,503
21 NATIXIS ADVISORS, LLC 0.04% of their portfolio Boston, MA 2,797,9772.8m $23.2m $23.2m 0.04% Added +1.5m +1,468,668
22 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 2,468,3802.5m $20.5m $20.5m 0.00% Added +1.9m +1,926,231
23 QRG CAPITAL MANAGEMENT, INC. 0.16% of their portfolio BERWYN, PA 2,208,6622.2m $18.3m $18.3m 0.16% Added +273.3k +273,348
24 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.11% of their portfolio Stamford, CT 1,869,7221.9m $15.5m $15.5m 0.11% Added +211.5k +211,461
25 BAROMETER CAPITAL MANAGEMENT INC. 4.03% of their portfolio TORONTO, A6 1,757,4831.8m $14.6m $14.6m 4.03% Added +1.7m +1,727,790
26 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 1,728,4391.7m $14.3m $14.3m 0.01% Added +75.2k +75,186
27 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 1,672,5571.7m $13.9m $13.9m 0.00% Added +284.0k +284,003
28 CITIGROUP INC 0.01% of their portfolio NEW YORK, NY 1,479,3481.5m $12.3m $12.3m 0.01% Reduced -870.2k -870,219
29 Steamboat Capital Partners, LLC 3.49% of their portfolio RYE, NY 1,474,6381.5m $12.2m $12.2m 3.49% Added +474.6k +474,638
30 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 1,260,6231.3m $10.5m $10.5m 0.00% Added +594.1k +594,063
31 Crossmark Global Holdings, Inc. 0.16% of their portfolio HOUSTON, TX 1,223,9071.2m $10.2m $10.2m 0.16% Added +206.2k +206,238
32 BNP PARIBAS FINANCIAL MARKETS 0.01% of their portfolio PARIS, I0 1,178,8981.2m $9.8m $9.8m 0.01% Reduced -828.4k -828,441
33 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 1,164,7371.2m $9.7m $9.7m 0.02% Added +122.9k +122,935
34 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 928,686928.7k $7.7m $7.7m 0.00% Added +212.7k +212,747
35 Mariner, LLC 0.01% of their portfolio Overland Park, KS 925,410925.4k $7.7m $7.7m 0.01% Added +76.2k +76,153
36 Quantinno Capital Management LP 0.03% of their portfolio NEW YORK, NY 925,021925.0k $7.7m $7.7m 0.03% Added +452.0k +451,974
37 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 911,859911.9k $7.6m $7.6m 0.00% Added +322.6k +322,646
38 UBS Group AG 0.00% of their portfolio ZURICH, V8 874,687874.7k $7.3m $7.3m 0.00% Added +6.0k +5,963
39 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 861,185861.2k $7.1m $7.1m 0.03% Added +4.7k +4,726
40 Cerity Partners LLC 0.01% of their portfolio NEW YORK, NY 846,811846.8k $7.0m $7.0m 0.01% Added +31.0k +30,977
41 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 760,411760.4k $6.3m $6.3m 0.01% Added +114.3k +114,312
42 Vanguard Personalized Indexing Management, LLC 0.07% of their portfolio OAKLAND, CA 713,288713.3k $5.9m $5.9m 0.07% Added +114.5k +114,468
43 RWA WEALTH PARTNERS, LLC 0.07% of their portfolio BOSTON, MA 698,769698.8k $5.8m $5.8m 0.07% Reduced -1.0m -1,009,898
44 FIRST TRUST ADVISORS LP 0.00% of their portfolio Wheaton, IL 690,205690.2k $5.7m $5.7m 0.00% Added +301.3k +301,253
45 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 665,972666.0k $5.5m $5.5m 0.00% Added +246.3k +246,337
46 OPPENHEIMER & CO INC 0.07% of their portfolio NEW YORK, NY 622,259622.3k $5.2m $5.2m 0.07% Added +31.0k +30,976
47 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 602,562602.6k $5.0m $5.0m 0.00% Added +40.3k +40,297
48 NWAM LLC 0.28% of their portfolio MERCER ISLAND, WA 563,832563.8k $4.9m $4.9m 0.28% Reduced -74.9k -74,915
49 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 537,249537.2k $4.5m $4.5m 0.00% Reduced -1.1m -1,104,893
50 Integrated Quantitative Investments LLC 1.30% of their portfolio BELLEVUE, WA 532,304532.3k $4.4m $4.4m 1.30% Added +42.3k +42,304
51 QUADRANT CAPITAL GROUP LLC 0.15% of their portfolio CINCINNATI, OH 511,278511.3k $4.2m $4.2m 0.15% Reduced -10.3k -10,266
52 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 461,278461.3k $3.8m $3.8m 0.00% Reduced -18.8k -18,772
53 Vestmark Advisory Solutions, Inc. 0.05% of their portfolio Wakefield, MA 457,832457.8k $3.8m $3.8m 0.05% Reduced -40.7k -40,668
54 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 456,513456.5k $3.8m $3.8m 0.00% Added +26.0k +26,025
55 Vident Advisory, LLC 0.04% of their portfolio Alpharetta, GA 434,862434.9k $3.6m $3.6m 0.04% Reduced -344.2k -344,248
56 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 422,618422.6k $3.5m $3.5m 0.00% Added +60.5k +60,538
57 NEW YORK STATE COMMON RETIREMENT FUND 0.00% of their portfolio ALBANY, NY 414,597414.6k $3.4m $3.4m 0.00% Reduced -75.4k -75,403
58 CASTLEARK MANAGEMENT LLC 0.10% of their portfolio CHICAGO, IL 405,515405.5k $3.4m $3.4m 0.10% Reduced -405.5k -405,515
59 Callan Family Office, LLC 0.10% of their portfolio RADNOR, PA 400,442400.4k $3.3m $3.3m 0.10% Added +316.4k +316,399
60 Laird Norton Wetherby Wealth Management, LLC 0.14% of their portfolio Seattle, WA 390,902390.9k $3.2m $3.2m 0.14% First filing
61 CIBC WORLD MARKET INC. 0.01% of their portfolio TORONTO, A6 387,608387.6k $3.2m $3.2m 0.01% New
62 RITHOLTZ WEALTH MANAGEMENT 0.07% of their portfolio NEW YORK, NY 387,164387.2k $3.2m $3.2m 0.07% Added +3.7k +3,727
63 Capital Wealth Planning, LLC 0.02% of their portfolio NAPLES, FL 379,886379.9k $3.2m $3.2m 0.02% Added +1.1k +1,120
64 Ethic Inc. 0.06% of their portfolio NEW YORK, NY 378,395378.4k $3.1m $3.1m 0.06% Reduced -97.8k -97,766
65 Orion Porfolio Solutions, LLC 0.03% of their portfolio OMAHA, NE 363,757363.8k $3.0m $3.0m 0.03% Added +203.7k +203,674
66 MARIETTA INVESTMENT PARTNERS LLC 0.64% of their portfolio MILWAUKEE, WI 350,078350.1k $2.9m $2.9m 0.64% Added +215.1k +215,113
67 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 348,817348.8k $2.9m $2.9m 0.00% Reduced -7.7k -7,659
68 PARK AVENUE SECURITIES LLC 0.03% of their portfolio NEW YORK, NY 345,625345.6k $2.9m $2.9m 0.03% New
69 Naviter Wealth, LLC 0.35% of their portfolio LITTLE ROCK, AR 345,069345.1k $2.9m $2.9m 0.35% Added +14.5k +14,476
70 Adams Wealth Management 0.54% of their portfolio LOGAN, UT 344,424344.4k $2.9m $2.9m 0.54% New
71 CacheTech Inc. 0.53% of their portfolio LOGAN, UT 344,424344.4k $2.9m $2.9m 0.53% New
72 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 341,450341.4k $2.8m $2.8m 0.00% Added +41.6k +41,596
73 NewEdge Wealth, LLC 0.05% of their portfolio STAMFORD, CT 332,697332.7k $3.0m $3.0m 0.05% Added +84.7k +84,671
74 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 331,731331.7k $2.8m $2.8m 0.00% Added +32.6k +32,554
75 SIGNATUREFD, LLC 0.05% of their portfolio ATLANTA, GA 331,531331.5k $2.8m $2.8m 0.05% Added +18.3k +18,315
76 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 330,901330.9k $2.7m $2.7m 0.01% Added +126.4k +126,437
77 TD Waterhouse Canada Inc. 0.02% of their portfolio TORONTO, A6 328,548328.5k $2.7m $2.7m 0.02% New
78 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 327,823327.8k $2.7m $2.7m 0.01% Reduced -22.2k -22,161
79 Arlington Capital Management, Inc. 2.33% of their portfolio ARLINGTON HEIGHTS, IL 322,441322.4k $2.7m $2.7m 2.33% New
80 OPPENHEIMER ASSET MANAGEMENT INC. 0.03% of their portfolio NEW YORK, NY 314,077314.1k $2.6m $2.6m 0.03% Reduced -46.0k -45,993
81 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 312,463312.5k $2.6m $2.6m 0.00% Added +200.1k +200,137
82 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 290,197290.2k $2.4m $2.4m 0.00% Added +3.2k +3,179
83 Bain Capital Public Equity Management II, LLC 0.11% of their portfolio Boston, MA 277,058277.1k $2.3m $2.3m 0.11% New
84 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 275,767275.8k $2.3m $2.3m 0.01% Added +195.8k +195,804
85 TrueMark Investments, LLC 0.49% of their portfolio CHICAGO, IL 271,453271.5k $2.3m $2.3m 0.49% Added +42.0k +42,044
86 Calamos Wealth Management LLC 0.09% of their portfolio NAPERVILLE, IL 269,253269.3k $2.2m $2.2m 0.09% New
87 YOUSIF CAPITAL MANAGEMENT, LLC 0.02% of their portfolio BLOOMFIELD HILLS, MI 264,936264.9k $2.2m $2.2m 0.02% Added +20.0k +20,010
88 American Trust Investment Advisors, LLC 1.08% of their portfolio Lebanon, NH 258,815258.8k $2.1m $2.1m 1.08% Reduced -147.2k -147,230
89 Forum Financial Management, LP 0.03% of their portfolio LOMBARD, IL 254,344254.3k $2.1m $2.1m 0.03% Reduced -2.7k -2,688
90 HORIZON KINETICS ASSET MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 254,260254.3k $2.1m $2.1m 0.03% Added +3.8k +3,750
91 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 249,893249.9k $2.1m $2.1m 0.01% Added +24.3k +24,272
92 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 244,728244.7k $2.0m $2.0m 0.00% Added +132.4k +132,416
93 Pekin Hardy Strauss, Inc. 0.23% of their portfolio CHICAGO, IL 241,250241.2k $2.0m $2.0m 0.23% Added +123.2k +123,150
94 Waterfront Wealth Inc. 0.40% of their portfolio OVERLAND PARK, KS 216,484216.5k $1.8m $1.8m 0.40% Reduced -4.3k -4,347
95 RAELIPSKIE PARTNERSHIP 0.82% of their portfolio WATERLOO, A6 216,402216.4k $1.8m $1.8m 0.82% Unchanged
96 INDEPENDENT FINANCIAL GROUP, LLC 0.05% of their portfolio SAN DIEGO, CA 203,250203.2k $1.7m $1.7m 0.05% Added +37.0k +37,003
97 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 194,894194.9k $1.6m $1.6m 0.00% Reduced -297.8k -297,840
98 Compound Planning, Inc. 0.06% of their portfolio NEW YORK, NY 194,128194.1k $1.6m $1.6m 0.06% Added +29.1k +29,146
99 ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ 0.08% of their portfolio SALT LAKE CITY, UT 189,959190.0k $1.6m $1.6m 0.08% Added +187.5k +187,493
100 SIH Partners, LLLP 0.14% of their portfolio Wilmington, DE 181,100181.1k $1.5m $1.5m 0.14% Unchanged