Vault-13

BANCO SANTANDER S.A. SAN

ADR · ADR · CUSIP 05964H105

Bank company based in Cantabria, Spain

642 institutional holders +48 vs Q4 2025
487,622,683487.6m shares reported held*
$5.5bnreported value*
107 new 257 added 173 reduced 57 sold out net bought ≈ $444.3m (+39.5m 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 ($20.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $11.26. Options: 10 managers hold calls ($38.6m notional), 10 hold puts ($19.6m).

Trends to Q1 2026

Institutional holders

Managers reporting a position, each quarter

0250500750Q3 22: 289Q4 22: 305Q1 23: 321Q2 23: 321Q3 23: 338Q4 23: 375Q1 24: 381Q2 24: 398Q3 24: 399Q4 24: 410Q1 25: 426Q2 25: 467Q3 25: 522Q4 25: 594Q1 26: 642642Q3 22Q3 23Q3 24Q3 25Q1 26
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
Q3 2025522
Q4 2025594
Q1 2026642

Buyers vs sellers

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

Bought or addedCut or sold out
4000400Q2 24: 215 bought or addedQ2 24: 126 cut or sold outQ3 24: 196 bought or addedQ3 24: 160 cut or sold outQ3 24Q4 24: 212 bought or addedQ4 24: 153 cut or sold outQ1 25: 233 bought or addedQ1 25: 164 cut or sold outQ1 25Q2 25: 311 bought or addedQ2 25: 122 cut or sold outQ3 25: 336 bought or addedQ3 25: 152 cut or sold outQ3 25Q4 25: 361 bought or addedQ4 25: 158 cut or sold outQ1 26: 364 bought or addedQ1 26: 230 cut or sold outQ1 26
Numbers
QuarterBought or addedCut or sold out
Q2 2024215126
Q3 2024196160
Q4 2024212153
Q1 2025233164
Q2 2025311122
Q3 2025336152
Q4 2025361158
Q1 2026364230

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ2 25 calls: $28.1mQ2 25 puts: $12.1mQ2 25P/C 0.43Q3 25 calls: $16.0mQ3 25 puts: $10.2mQ3 25P/C 0.64Q4 25 calls: $11.6mQ4 25 puts: $5.9mQ4 25P/C 0.51Q1 26 calls: $38.6mQ1 26 puts: $19.6mQ1 26P/C 0.51
Numbers
QuarterCallsPutsP/C
Q2 2025$28.1m$12.1m0.43
Q3 2025$16.0m$10.2m0.64
Q4 2025$11.6m$5.9m0.51
Q1 2026$38.6m$19.6m0.51

Biggest buyers

GOLDMAN SACHS GROUP INC Added +25,050,194+25.1m
MORGAN STANLEY Added +21,969,770+22.0m
BNP PARIBAS FINANCIAL MARKETS Added +15,146,841+15.1m
CITIGROUP INC Added +7,083,210+7.1m
BANK OF AMERICA CORP /DE/ Added +6,198,828+6.2m
UBS Group AG Added +5,383,065+5.4m
BARCLAYS PLC Added +4,995,415+5.0m
TORONTO DOMINION BANK New +4,210,189+4.2m
Point72 Asset Management, L.P. Added +2,561,089+2.6m
FMR LLC Added +2,114,286+2.1m

Biggest sellers

Fisher Asset Management, LLC Reduced -57,347,736-57.3m
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -5,456,598-5.5m
Mondrian Investment Partners LTD Reduced -2,281,932-2.3m
Clearbridge Investments, LLC Reduced -1,253,079-1.3m
TODD ASSET MANAGEMENT LLC Reduced -1,082,120-1.1m
OPPENHEIMER & CO INC Reduced -690,649-690.6k
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY Reduced -617,150-617.1k
TD Waterhouse Canada Inc. Reduced -554,270-554.3k
JANE STREET GROUP, LLC Reduced -509,846-509.8k
LAZARD ASSET MANAGEMENT LLC Reduced -494,990-495.0k

Biggest calls

Optiver Holding B.V. Added $8.0m705.2k shares
WATER ISLAND CAPITAL LLC New $7.7m681.7k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.8m514.6k shares
Balyasny Asset Management L.P. New $5.1m450.0k shares
Walleye Capital LLC Added $4.7m413.3k shares
CITADEL ADVISORS LLC Added $3.2m283.2k shares
GROUP ONE TRADING LLC Added $2.2m193.7k shares
SIMPLEX TRADING, LLC Added $1.3m118.4k shares
IMC-Chicago, LLC Added $389.2k34.5k shares
Walleye Trading LLC Reduced $311.3k27.6k shares

Biggest puts

Optiver Holding B.V. Added $5.6m498.4k shares
Walleye Capital LLC Added $4.4m392.7k shares
PEAK6 LLC New $3.3m295.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.8m162.7k shares
SIMPLEX TRADING, LLC Added $1.3m116.2k shares
Walleye Trading LLC Added $1.1m97.3k shares
CITADEL ADVISORS LLC Added $807.6k71.6k shares
IMC-Chicago, LLC Added $553.8k49.1k shares
GROUP ONE TRADING LLC Added $403.8k35.8k shares
TUDOR INVESTMENT CORP ET AL New $183.9k16.3k 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 Q1 2026

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 Q1 2026.

Holders, Q1 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.05% of their portfolio NEW YORK, NY 78,079,18878.1m $880.7m $880.7m 0.05% Added +22.0m +21,969,770
2 GOLDMAN SACHS GROUP INC 0.06% of their portfolio NEW YORK, NY 43,096,76843.1m $486.1m $486.1m 0.06% Added +25.1m +25,050,194
3 Fisher Asset Management, LLC 0.15% of their portfolio PLANO, TX 39,517,85539.5m $445.8m $445.8m 0.15% Reduced -57.3m -57,347,736
4 FMR LLC 0.02% of their portfolio BOSTON, MA 38,976,65739.0m $439.7m $439.7m 0.02% Added +2.1m +2,114,286
5 Mondrian Investment Partners LTD 3.77% of their portfolio LONDON, X0 22,332,64222.3m $251.9m $251.9m 3.77% Reduced -2.3m -2,281,932
6 BlackRock, Inc. 0.00% of their portfolio New York, NY 15,875,69715.9m $179.1m $179.1m 0.00% Added +1.0m +1,011,821
7 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 15,294,41215.3m $172.5m $172.5m 0.11% Added +15.1m +15,146,841
8 Capital International Investors 0.04% of their portfolio Los Angeles, CA 15,120,82115.1m $161.8m $161.8m 0.04% Added +354.0k +353,972
9 Chevy Chase Trust Holdings, LLC 0.45% of their portfolio BETHESDA, MD 13,815,64113.8m $155.8m $155.8m 0.45% Reduced -145.4k -145,395
10 NORTHERN TRUST CORP 0.02% of their portfolio CHICAGO, IL 13,371,86313.4m $150.8m $150.8m 0.02% Added +626.4k +626,409
11 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 11,413,19411.4m $128.7m $128.7m 0.01% Added +6.2m +6,198,828
12 DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio AUSTIN, TX 10,866,98010.9m $122.6m $122.6m 0.03% Reduced -10.1k -10,097
13 LAZARD ASSET MANAGEMENT LLC 0.16% of their portfolio NEW YORK, NY 8,388,0938.4m $94.6m $94.6m 0.16% Reduced -495.0k -494,990
14 Clearbridge Investments, LLC 0.08% of their portfolio NEW YORK, NY 7,730,6927.7m $87.2m $87.2m 0.08% Reduced -1.3m -1,253,079
15 CITIGROUP INC 0.06% of their portfolio NEW YORK, NY 7,677,5997.7m $86.6m $86.6m 0.06% Added +7.1m +7,083,210
16 CIBC Bancorp USA Inc. 0.12% of their portfolio CHICAGO, IL 7,632,1827.6m $86.2m $86.2m 0.12% First filing
17 Clark Capital Management Group, Inc. 0.47% of their portfolio PHILADELPHIA, PA 6,704,4996.7m $75.6m $75.6m 0.47% Reduced -453.8k -453,758
18 TODD ASSET MANAGEMENT LLC 1.45% of their portfolio Louisville, KY 6,548,2936.5m $73.9m $73.9m 1.45% Reduced -1.1m -1,082,120
19 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 6,260,1126.3m $70.6m $70.6m 0.02% Added +457.2k +457,238
20 UBS Group AG 0.01% of their portfolio ZURICH, V8 5,939,8815.9m $67.0m $67.0m 0.01% Added +5.4m +5,383,065
21 AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio KANSAS CITY, MO 5,618,0105.6m $63.4m $63.4m 0.03% Added +691.3k +691,332
22 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 5,009,3375.0m $56.5m $56.5m 0.02% Added +5.0m +4,995,415
23 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.37% of their portfolio FRANKFORT, KY 4,244,2104.2m $47.9m $47.9m 0.37% Reduced -617.1k -617,150
24 TORONTO DOMINION BANK 0.09% of their portfolio TORONTO, ONTARIO, A6 4,210,1894.2m $47.5m $47.5m 0.09% New
25 RAYMOND JAMES FINANCIAL INC 0.01% of their portfolio ST. PETERSBURG, FL 4,179,0894.2m $47.1m $47.1m 0.01% Added +57.6k +57,613
26 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 4,173,0224.2m $47.1m $47.1m 0.01% Added +311.8k +311,798
27 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,569,4143.6m $38.2m $38.2m 0.00% Added +348.4k +348,416
28 NATIXIS ADVISORS, LLC 0.05% of their portfolio Boston, MA 3,196,5143.2m $36.1m $36.1m 0.05% Added +129.3k +129,330
29 Point72 Asset Management, L.P. 0.06% of their portfolio STAMFORD, CT 2,806,9712.8m $31.7m $31.7m 0.06% Added +2.6m +2,561,089
30 Quantinno Capital Management LP 0.05% of their portfolio NEW YORK, NY 2,566,9392.6m $29.0m $29.0m 0.05% Added +705.0k +705,034
31 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 2,542,7462.5m $28.7m $28.7m 0.00% Added +296.3k +296,336
32 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 2,481,2732.5m $28.0m $28.0m 0.01% Added +1.7k +1,656
33 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 2,285,0332.3m $25.8m $25.8m 0.02% Added +319.1k +319,091
34 JONES FINANCIAL COMPANIES LLLP 0.01% of their portfolio DES PERES, MO 1,948,2471.9m $20.8m $20.8m 0.01% Added +1.9m +1,913,696
35 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.11% of their portfolio Stamford, CT 1,938,7311.9m $21.9m $21.9m 0.11% Added +15.9k +15,861
36 AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio Greenwich, CT 1,774,6781.8m $20.0m $20.0m 0.01% Added +485.6k +485,611
37 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 1,686,2071.7m $19.0m $19.0m 0.01% Added +140.3k +140,341
38 Wilkinson Global Asset Management LLC 1.41% of their portfolio New York, NY 1,642,2601.6m $18.5m $18.5m 1.41% Added +1.6m +1,607,460
39 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 1,535,8471.5m $17.3m $17.3m 0.00% Added +373.6k +373,646
40 QRG CAPITAL MANAGEMENT, INC. 0.17% of their portfolio BERWYN, PA 1,473,7461.5m $16.6m $16.6m 0.17% Added +138.6k +138,582
41 Capital Wealth Planning, LLC 0.09% of their portfolio NAPLES, FL 1,452,0141.5m $16.4m $16.4m 0.09% Added +512.9k +512,867
42 MERCER GLOBAL ADVISORS INC /ADV 0.02% of their portfolio DENVER, CO 1,290,6971.3m $14.6m $14.6m 0.02% Added +68.5k +68,480
43 Mariner, LLC 0.01% of their portfolio Overland Park, KS 1,112,8251.1m $12.5m $12.5m 0.01% Added +42.1k +42,099
44 Crossmark Global Holdings, Inc. 0.18% of their portfolio HOUSTON, TX 1,086,9951.1m $12.3m $12.3m 0.18% Reduced -43.3k -43,322
45 STIFEL FINANCIAL CORP 0.01% of their portfolio ST. LOUIS, MO 1,043,3661.0m $11.8m $11.8m 0.01% Added +43.5k +43,540
46 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 999,646999.6k $11.3m $11.3m 0.01% Added +754.8k +754,779
47 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 956,275956.3k $10.8m $10.8m 0.01% Added +147.8k +147,776
48 Cerity Partners LLC 0.02% of their portfolio NEW YORK, NY 954,582954.6k $10.8m $10.8m 0.02% Added +54.1k +54,097
49 Pathstone Holdings, LLC 0.04% of their portfolio ENGLEWOOD, NJ 952,980953.0k $10.7m $10.7m 0.04% Added +19.5k +19,543
50 Steamboat Capital Partners, LLC 2.52% of their portfolio RYE, NY 900,000900.0k $10.2m $10.2m 2.52% Reduced -3.9k -3,926
51 Integrated Quantitative Investments LLC 1.62% of their portfolio BELLEVUE, WA 790,360790.4k $8.9m $8.9m 1.62% Added +394.9k +394,860
52 RWA WEALTH PARTNERS, LLC 0.10% of their portfolio BOSTON, MA 777,198777.2k $8.8m $8.8m 0.10% Added +20.7k +20,709
53 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 761,424761.4k $8.6m $8.6m 0.00% Reduced -2.6k -2,632
54 MML INVESTORS SERVICES, LLC 0.02% of their portfolio SPRINGFIELD, MA 759,810759.8k $8.6m $8.6m 0.02% Reduced -67.7k -67,742
55 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 703,998704.0k $7.9m $7.9m 0.01% Added +59.3k +59,304
56 NOMURA HOLDINGS INC 0.07% of their portfolio TOKYO, M0 700,699700.7k $7.9m $7.9m 0.07% New
57 Orion Porfolio Solutions, LLC 0.07% of their portfolio OMAHA, NE 680,036680.0k $7.7m $7.7m 0.07% Reduced -62.0k -62,024
58 US BANCORP \DE\ 0.01% of their portfolio MINNEAPOLIS, MN 673,795673.8k $7.6m $7.6m 0.01% Reduced -39.3k -39,255
59 Vanguard Personalized Indexing Management, LLC 0.07% of their portfolio OAKLAND, CA 657,990658.0k $7.4m $7.4m 0.07% Reduced -69.4k -69,371
60 FIRST TRUST ADVISORS LP 0.01% of their portfolio Wheaton, IL 646,366646.4k $7.3m $7.3m 0.01% Added +2.1k +2,114
61 Vident Advisory, LLC 0.06% of their portfolio Alpharetta, GA 640,444640.4k $7.2m $7.2m 0.06% Added +177.5k +177,489
62 COMPASS ROSE ASSET MANAGEMENT, LP 2.33% of their portfolio New York, NY 635,000635.0k $7.2m $7.2m 2.33% New
63 Callan Family Office, LLC 0.15% of their portfolio RADNOR, PA 579,607579.6k $6.5m $6.5m 0.15% Added +5.9k +5,903
64 QUADRANT CAPITAL GROUP LLC 0.18% of their portfolio CINCINNATI, OH 543,551543.6k $6.1m $6.1m 0.18% Added +12.1k +12,140
65 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 526,590526.6k $5.9m $5.9m 0.01% Added +6.8k +6,754
66 MARIETTA INVESTMENT PARTNERS LLC 1.18% of their portfolio MILWAUKEE, WI 520,774520.8k $5.9m $5.9m 1.18% Added +44.3k +44,332
67 FACTORY MUTUAL INSURANCE CO 0.07% of their portfolio WALTHAM, MA 515,311515.3k $5.8m $5.8m 0.07% Unchanged
68 Laird Norton Wetherby Trust Company, LLC 0.12% of their portfolio Seattle, WA 505,420505.4k $5.7m $5.7m 0.12% Reduced -3.6k -3,590
69 Connor, Clark & Lunn Investment Management Ltd. 0.01% of their portfolio VANCOUVER, A1 490,419490.4k $5.5m $5.5m 0.01% Added +439.1k +439,138
70 PARK AVENUE SECURITIES LLC 0.04% of their portfolio NEW YORK, NY 450,201450.2k $5.1m $5.1m 0.04% Added +8.4k +8,400
71 SAMLYN CAPITAL, LLC 0.09% of their portfolio New York, NY 448,813448.8k $5.1m $5.1m 0.09% New
72 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 436,334436.3k $4.9m $4.9m 0.00% New
73 NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio ALBANY, NY 424,463424.5k $4.8m $4.8m 0.01% Unchanged
74 RITHOLTZ WEALTH MANAGEMENT 0.08% of their portfolio NEW YORK, NY 423,604423.6k $4.8m $4.8m 0.08% Added +19.5k +19,536
75 ASSETMARK, INC 0.01% of their portfolio CONCORD, CA 399,352399.4k $4.5m $4.5m 0.01% Added +287.6k +287,621
76 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 385,108385.1k $4.3m $4.3m 0.00% Added +28.1k +28,060
77 Brooklyn Investment Group 0.13% of their portfolio NEW YORK, NY 375,595375.6k $4.2m $4.2m 0.13% Added +195.0k +194,959
78 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 370,617370.6k $4.2m $4.2m 0.00% Added +73.7k +73,678
79 Ethic Inc. 0.06% of their portfolio NEW YORK, NY 363,160363.2k $4.1m $4.1m 0.06% Added +9.7k +9,712
80 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 362,842362.8k $4.1m $4.1m 0.00% Reduced -21.4k -21,420
81 SIGNATUREFD, LLC 0.06% of their portfolio ATLANTA, GA 360,794360.8k $4.1m $4.1m 0.06% Added +4.9k +4,899
82 Lighthouse Investment Partners, LLC 0.15% of their portfolio Palm Beach Gardens, FL 352,661352.7k $4.0m $4.0m 0.15% New
83 NewEdge Wealth, LLC 0.05% of their portfolio STAMFORD, CT 351,179351.2k $4.0m $4.0m 0.05% Reduced -21.0k -20,996
84 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 346,510346.5k $4.0m $4.0m 0.00% Added +42.7k +42,742
85 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 345,443345.4k $3.9m $3.9m 0.00% Added +59.9k +59,949
86 Corient Private Wealth LP 0.01% of their portfolio MIAMI, FL 344,860344.9k $3.8m $3.8m 0.01% Reduced -310.9k -310,884
87 Naviter Wealth, LLC 0.48% of their portfolio LITTLE ROCK, AR 343,675343.7k $3.9m $3.9m 0.48% Added +11.6k +11,634
88 Verition Fund Management LLC 0.04% of their portfolio GREENWICH, CT 341,413341.4k $3.9m $3.9m 0.04% Added +233.0k +233,014
89 Arlington Capital Management, Inc. 2.16% of their portfolio ARLINGTON HEIGHTS, IL 338,496338.5k $3.8m $3.8m 2.16% Reduced -1.7k -1,708
90 OPPENHEIMER ASSET MANAGEMENT INC. 0.04% of their portfolio NEW YORK, NY 337,704337.7k $3.8m $3.8m 0.04% Reduced -18.9k -18,874
91 Advisors Asset Management, Inc. 0.06% of their portfolio Monument, CO 335,425335.4k $3.8m $3.8m 0.06% Added +59.1k +59,134
92 IEQ CAPITAL, LLC 0.02% of their portfolio Foster City, CA 335,227335.2k $3.8m $3.8m 0.02% Reduced -138.9k -138,883
93 Sanctuary Advisors, LLC 0.02% of their portfolio INDIANAPOLIS, IN 325,569325.6k $3.7m $3.7m 0.02% Added +10.5k +10,543
94 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 320,610320.6k $3.6m $3.6m 0.00% Added +20.5k +20,484
95 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 308,628308.6k $3.5m $3.5m 0.00% Added +256.8k +256,757
96 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 300,808300.8k $3.4m $3.4m 0.02% Added +27.5k +27,453
97 CacheTech Inc. 0.64% of their portfolio LOGAN, UT 293,432293.4k $3.3m $3.3m 0.64% Added +12.6k +12,557
98 Optiver Holding B.V. 0.12% of their portfolio AMSTERDAM, P7 281,682281.7k $3.2m $3.2m 0.12% Reduced -343.2k -343,226
99 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 281,199281.2k $3.2m $3.2m 0.00% Reduced -509.8k -509,846
100 CAPTRUST FINANCIAL ADVISORS 0.01% of their portfolio RALEIGH, NC 277,223277.2k $3.1m $3.1m 0.01% Added +82.2k +82,227