Vault-13

BANCO SANTANDER BRASIL S A BSBR

ADS REP 1 UNIT · ADR · CUSIP 05967A107

Brazilian subsidiary of Spanish banking institution

77 institutional holders +3 vs Q2 2025
545,519,554545.5m shares reported held*
$3.0bnreported value*
17 new 26 added 17 reduced 14 sold out net bought ≈ $4.8m (+854.4k 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. Holder counts are more reliable. Implied quarter-end price ≈ $5.59. Options: 2 managers hold calls ($2.8k notional), 0 hold puts (—).

Trends to Q3 2025

Institutional holders

Managers reporting a position, each quarter

050100Q3 22: 90Q4 22: 94Q1 23: 95Q2 23: 93Q3 23: 90Q4 23: 95Q1 24: 94Q2 24: 89Q3 24: 80Q4 24: 69Q1 25: 78Q2 25: 74Q3 25: 7777Q3 22Q2 23Q1 24Q4 24Q3 25
Numbers
QuarterHolders
Q3 202290
Q4 202294
Q1 202395
Q2 202393
Q3 202390
Q4 202395
Q1 202494
Q2 202489
Q3 202480
Q4 202469
Q1 202578
Q2 202574
Q3 202577

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q4 23: 43 bought or addedQ4 23: 33 cut or sold outQ1 24: 38 bought or addedQ1 24: 43 cut or sold outQ1 24Q2 24: 35 bought or addedQ2 24: 61 cut or sold outQ3 24: 31 bought or addedQ3 24: 53 cut or sold outQ3 24Q4 24: 28 bought or addedQ4 24: 50 cut or sold outQ1 25: 47 bought or addedQ1 25: 27 cut or sold outQ1 25Q2 25: 39 bought or addedQ2 25: 38 cut or sold outQ3 25: 43 bought or addedQ3 25: 31 cut or sold outQ3 25
Numbers
QuarterBought or addedCut or sold out
Q4 20234333
Q1 20243843
Q2 20243561
Q3 20243153
Q4 20242850
Q1 20254727
Q2 20253938
Q3 20254331

Calls vs puts

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

CallsPuts
$0$10k$20k$30k$40kQ4 24 calls: $24.2kQ4 24 puts: $31.3kQ4 24P/C 1.29Q1 25 calls: $34.6kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $0Q2 25 puts: $0Q2 25P/C —Q3 25 calls: $2.8kQ3 25 puts: $0Q3 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q4 2024$24.2k$31.3k1.29
Q1 2025$34.6k$00.00
Q2 2025$0$0—
Q3 2025$2.8k$00.00

Biggest buyers

ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Added +430,531+430.5k
Itau Unibanco Holding S.A. New +342,322+342.3k
MILLENNIUM MANAGEMENT LLC Added +314,670+314.7k
Jump Financial, LLC Added +201,499+201.5k
CITADEL ADVISORS LLC Added +163,835+163.8k
ALLIANCEBERNSTEIN L.P. Added +163,314+163.3k
TWO SIGMA INVESTMENTS, LP Added +104,840+104.8k
AMERICAN CENTURY COMPANIES INC Added +100,564+100.6k
UBS Group AG Added +75,027+75.0k
HRT FINANCIAL LP New +66,020+66.0k

Biggest sellers

MORGAN STANLEY Reduced -592,877-592.9k
BlackRock, Inc. Reduced -298,936-298.9k
WELLINGTON MANAGEMENT GROUP LLP Reduced -195,809-195.8k
Verition Fund Management LLC Sold out -71,540-71.5k
VPR Management LLC Reduced -69,880-69.9k
GOLDMAN SACHS GROUP INC Reduced -53,918-53.9k
BNP PARIBAS FINANCIAL MARKETS Reduced -48,378-48.4k
BARCLAYS PLC Reduced -45,002-45.0k
Mariner, LLC Reduced -22,475-22.5k
Engineers Gate Manager LP Sold out -18,910-18.9k

Biggest calls

GROUP ONE TRADING LLC New $2.8k500 shares
SIMPLEX TRADING, LLC Unchanged $0100 shares

Biggest puts

None

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Banco Santander, S.A. 25.82% of their portfolio Madrid, U3 520,218,168520.2m $2.9bn $2.9bn 25.82% Unchanged
2 Aquamarine Financial (Cayman) Ltd 5.16% of their portfolio Grand Cayman, E9 8,995,3229.0m $50.3m $50.3m 5.16% First filing
3 MACQUARIE GROUP LTD 0.02% of their portfolio Sydney, NSW 2000, C3 3,608,0723.6m $20.2m $20.2m 0.02% Added +46.6k +46,560
4 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,101,9653.1m $17.3m $17.3m 0.00% Unchanged
5 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio BOSTON, MA 2,957,2883.0m $16.5m $16.5m 0.01% Added +430.5k +430,531
6 AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio KANSAS CITY, MO 845,194845.2k $4.7m $4.7m 0.00% Added +100.6k +100,564
7 BlackRock, Inc. 0.00% of their portfolio New York, NY 611,818611.8k $3.4m $3.4m 0.00% Reduced -298.9k -298,936
8 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 553,397553.4k $3.1m $3.1m 0.00% Reduced -195.8k -195,809
9 Itau Unibanco Holding S.A. 0.07% of their portfolio SAO PAULO, D5 342,322342.3k $1.9m $1.9m 0.07% New
10 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 327,261327.3k $1.8m $1.8m 0.00% Added +163.3k +163,314
11 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 326,451326.5k $1.8m $1.8m 0.00% Added +314.7k +314,670
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 316,047316.0k $1.8m $1.8m 0.00% Added +24.4k +24,404
13 Point72 Asset Management, L.P. 0.00% of their portfolio STAMFORD, CT 307,319307.3k $1.7m $1.7m 0.00% Added +45.5k +45,459
14 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 260,000260.0k $1.5m $1.5m 0.00% Unchanged
15 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 255,386255.4k $1.4m $1.4m 0.00% Reduced -592.9k -592,877
16 Jump Financial, LLC 0.02% of their portfolio Chicago, IL 243,406243.4k $1.4m $1.4m 0.02% Added +201.5k +201,499
17 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 230,195230.2k $1.3m $1.3m 0.00% Added +23.3k +23,344
18 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 223,042223.0k $1.2m $1.2m 0.00% Added +104.8k +104,840
19 UBS Group AG 0.00% of their portfolio ZURICH, V8 193,127193.1k $1.1m $1.1m 0.00% Added +75.0k +75,027
20 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 183,769183.8k $1.0m $1.0m 0.00% Added +163.8k +163,835
21 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 148,071148.1k $827.7k $827.7k 0.00% Reduced -53.9k -53,918
22 Prospera Financial Services Inc 0.01% of their portfolio Dallas, TX 127,691127.7k $713.8k $713.8k 0.01% Added +326 +326
23 Cordatus Wealth Management LLC 0.17% of their portfolio NEWTOWN, PA 127,059127.1k $710.2k $710.2k 0.17% Added +326 +326
24 DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio AUSTIN, TX 126,752126.8k $708.5k $708.5k 0.00% Added +13.8k +13,789
25 Mariner, LLC 0.00% of their portfolio Overland Park, KS 96,19696.2k $537.7k $537.7k 0.00% Reduced -22.5k -22,475
26 VPR Management LLC 0.22% of their portfolio HOUSTON, TX 88,05088.0k $492.2k $492.2k 0.22% Reduced -69.9k -69,880
27 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 66,02066.0k $369.0k $369.0k 0.00% New
28 Aquatic Capital Management LLC 0.01% of their portfolio CHICAGO, IL 58,64358.6k $327.8k $327.8k 0.01% First filing
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 57,76257.8k $322.9k $322.9k 0.00% New
30 R Squared Ltd 0.10% of their portfolio HONG KONG, K3 43,11743.1k $241.0k $241.0k 0.10% Added +22.1k +22,117
31 HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio SOUTHFIELD, MI 39,15139.2k $219.0k $219.0k 0.00% Added +32.2k +32,154
32 Campbell & CO Investment Adviser LLC 0.01% of their portfolio BALTIMORE, MD 31,70931.7k $177.3k $177.3k 0.01% New
33 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 28,10028.1k $157.1k $157.1k 0.00% Reduced -11.5k -11,500
34 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio Stamford, CT 26,40126.4k $147.6k $147.6k 0.00% Added +3.2k +3,201
35 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 25,46225.5k $142.3k $142.3k 0.00% Added +1.5k +1,475
36 EntryPoint Capital, LLC 0.05% of their portfolio NEW YORK, NY 24,85324.9k $138.9k $138.9k 0.05% New
37 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 24,22224.2k $135.4k $135.4k 0.00% Unchanged
38 XTX Topco Ltd 0.01% of their portfolio LONDON, X0 23,02523.0k $128.7k $128.7k 0.01% New
39 GAMMA Investing LLC 0.01% of their portfolio FOSTER CITY, CA 21,96622.0k $122.8k $122.8k 0.01% Added +1.7k +1,710
40 Graham Capital Management, L.P. 0.00% of their portfolio ROWAYTON, CT 21,86421.9k $122.2k $122.2k 0.00% New
41 Aigen Investment Management, LP 0.02% of their portfolio NEW YORK, NY 20,93920.9k $117.0k $117.0k 0.02% New
42 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 19,88719.9k $111.2k $111.2k 0.00% Reduced -2.3k -2,309
43 Provida Pension Fund Administrator 0.00% of their portfolio LAS CONDES, SANTIAGO, F3 16,11616.1k $90.1k $90.1k 0.00% Unchanged
44 Checchi Capital Advisers, LLC 0.01% of their portfolio BEVERLY HILLS, CA 15,87815.9k $88.8k $88.8k 0.01% Added +1.1k +1,082
45 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 14,46714.5k $80.9k $80.9k 0.00% Reduced -1.4k -1,450
46 Squarepoint Ops LLC 0.00% of their portfolio NEW YORK, NY 13,95013.9k $78.0k $78.0k 0.00% New
47 DRIVE WEALTH MANAGEMENT, LLC 0.02% of their portfolio LEHI, UT 13,58113.6k $75.9k $75.9k 0.02% Reduced -689 -689
48 Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio SEOUL, M5 13,12613.1k $73.4k $73.4k 0.00% Unchanged
49 Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio VANCOUVER, A1 12,75912.8k $71.3k $71.3k 0.00% Unchanged
50 PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio COLUMBUS, OH 11,61711.6k $64.9k $64.9k 0.00% Unchanged
51 Vident Advisory, LLC 0.00% of their portfolio Alpharetta, GA 11,13311.1k $62.2k $62.2k 0.00% New
52 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 10,35610.4k $57.9k $57.9k 0.00% New
53 SIGNATUREFD, LLC 0.00% of their portfolio ATLANTA, GA 10,05010.1k $56.2k $56.2k 0.00% Reduced -90 -90
54 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 9,5969.6k $53.6k $53.6k 0.00% Reduced -48.4k -48,378
55 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 2,6022.6k $14.5k $14.5k 0.00% Unchanged
56 Bell Investment Advisors, Inc 0.00% of their portfolio ORINDA, CA 2,5682.6k $14.4k $14.4k 0.00% Unchanged
57 Spire Wealth Management 0.00% of their portfolio MCLEAN, VA 2,0462.0k $11.4k $11.4k 0.00% Unchanged
58 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 1,7181.7k $9.3k $9.3k 0.00% Added +58 +58
59 SBI Securities Co., Ltd. 0.00% of their portfolio TOKYO, M0 1,4281.4k $8.0k $8.0k 0.00% Reduced -159 -159
60 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,2981.3k $7.0k $7.0k 0.00% New
61 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 1,2881.3k $7.2k $7.2k 0.00% Added +646 +646
62 EverSource Wealth Advisors, LLC 0.00% of their portfolio BIRMINGHAM, AL 1,2641.3k $7.1k $7.1k 0.00% Reduced -1.5k -1,525
63 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 1,0001.0k $5.6k $5.6k 0.00% New
64 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 960960 $5.4k $5.4k 0.00% Unchanged
65 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 796796 $4.5k $4.5k 0.00% Reduced -45.0k -45,002
66 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 721721 $4.0k $4.0k 0.00% New
67 JFS WEALTH ADVISORS, LLC 0.00% of their portfolio HERMITAGE, PA 521521 $2.9k $2.9k 0.00% Unchanged
68 Larson Financial Group LLC 0.00% of their portfolio ST LOUIS, MO 506506 $2.8k $2.8k 0.00% Unchanged
69 ASSETMARK, INC 0.00% of their portfolio CONCORD, CA 491491 $2.7k $2.7k 0.00% Added +477 +477
70 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 352352 $2.0k $2.0k 0.00% Added +27 +27
71 Physician Wealth Advisors, Inc. 0.00% of their portfolio MIDVALE, UT 252252 $1.4k $1.4k 0.00% Unchanged
72 Tower Research Capital LLC (TRC) 0.00% of their portfolio NEW YORK, NY 246246 $1.4k $1.4k 0.00% Reduced -207 -207
73 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 232232 $1.3k $1.3k 0.00% Added +3 +3
74 Allworth Financial LP 0.00% of their portfolio FOLSOM, CA 6868 $381 $381 0.00% New
75 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 5555 $307 $307 0.00% New
76 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 2424 $0 $0 0.00% New
77 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 00 $0 $0 0.00% Reduced -4.7k -4,725