BANCO SANTANDER BRASIL S A BSBR
ADS REP 1 UNIT · ADR · CUSIP 05967A107
Brazilian subsidiary of Spanish banking institution
- SectorFinancials
- IndustryCommercial Banks, NEC
- HeadquartersSão Paulo, Brazil
- Founded1982
- Websitesantander.com.br
- FilingsSEC EDGAR
79
institutional holders
+2 vs Q3 2025
545.2m
shares reported held*
$3.3bnreported value*
14 new
30 added
22 reduced
13 sold out
net sold ≈ $23.5m (-3.9m 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 ($301.4k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $6.11. Options: 2 managers hold calls ($1.8k notional), 1 hold puts ($232.2k).
Trends to Q4 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 90 |
| Q4 2022 | 94 |
| Q1 2023 | 95 |
| Q2 2023 | 93 |
| Q3 2023 | 90 |
| Q4 2023 | 95 |
| Q1 2024 | 94 |
| Q2 2024 | 89 |
| Q3 2024 | 80 |
| Q4 2024 | 69 |
| Q1 2025 | 78 |
| Q2 2025 | 74 |
| Q3 2025 | 77 |
| Q4 2025 | 79 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q1 2024 | 38 | 43 |
| Q2 2024 | 35 | 61 |
| Q3 2024 | 31 | 53 |
| Q4 2024 | 28 | 50 |
| Q1 2025 | 47 | 27 |
| Q2 2025 | 39 | 38 |
| Q3 2025 | 43 | 31 |
| Q4 2025 | 44 | 35 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
CallsPuts
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $34.6k | $0 | 0.00 |
| Q2 2025 | $0 | $0 | — |
| Q3 2025 | $2.8k | $0 | 0.00 |
| Q4 2025 | $1.8k | $232.2k | 126.67 |
Biggest buyers
| Aquamarine Financial (Cayman) Ltd | Added | +775.0k |
| MARSHALL WACE, LLP | New | +216.3k |
| BANK OF AMERICA CORP /DE/ | Added | +168.7k |
| Connor, Clark & Lunn Investment Management Ltd. | Added | +161.1k |
| AMERICAN CENTURY COMPANIES INC | Added | +102.7k |
| UBS Group AG | Added | +63.9k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | Added | +63.0k |
| Brooklyn Investment Group | New | +59.0k |
| SPX Gestao de Recursos Ltda | New | +54.7k |
| Campbell & CO Investment Adviser LLC | Added | +43.7k |
Biggest sellers
| MACQUARIE GROUP LTD | Sold out | -3.6m |
| BlackRock, Inc. | Reduced | -388.5k |
| Itau Unibanco Holding S.A. | Sold out | -342.3k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -272.9k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -263.5k |
| CITADEL ADVISORS LLC | Sold out | -183.8k |
| TWO SIGMA INVESTMENTS, LP | Reduced | -158.3k |
| GOLDMAN SACHS GROUP INC | Reduced | -126.4k |
| ALLIANCEBERNSTEIN L.P. | Reduced | -95.0k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -51.3k |
Biggest calls
| GROUP ONE TRADING LLC | Reduced | $1.2k200 shares |
| SIMPLEX TRADING, LLC | Unchanged | $611100 shares |
Biggest puts
| JANE STREET GROUP, LLC | New | $232.2k38.0k 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 Q4 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 Q4 2025.
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| Banco Santander, S.A. 23.80% of their portfolio | 520.2m $3.2bn | Unchanged |
| Aquamarine Financial (Cayman) Ltd 4.86% of their portfolio | 9.8m $59.7m | Added +775.0k |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.03% of their portfolio | 3.6m $22.1m | First filing |
| VANGUARD GROUP INC 0.00% of their portfolio | 3.1m $19.0m | Unchanged |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 2.7m $16.5m | Reduced -263.5k |
| AMERICAN CENTURY COMPANIES INC 0.00% of their portfolio | 947.9k $5.8m | Added +102.7k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 484.8k $3.0m | Added +168.7k |
| MORGAN STANLEY 0.00% of their portfolio | 296.7k $1.8m | Added +41.3k |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 292.7k $1.8m | Reduced -14.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 280.5k $1.7m | Reduced -272.9k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 275.2k $1.7m | Reduced -51.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 260.0k $1.6m | Unchanged |
| UBS Group AG 0.00% of their portfolio | 257.0k $1.6m | Added +63.9k |
| Invesco Ltd. 0.00% of their portfolio | 232.8k $1.4m | Added +2.6k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 232.3k $1.4m | Reduced -95.0k |
| BlackRock, Inc. 0.00% of their portfolio | 223.3k $1.4m | Reduced -388.5k |
| MARSHALL WACE, LLP 0.00% of their portfolio | 216.3k $1.3m | New |
| Jump Financial, LLC 0.02% of their portfolio | 205.1k $1.3m | Reduced -38.3k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 173.9k $1.1m | Added +161.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 154.7k $945.1k | Added +27.9k |
| Prospera Financial Services Inc 0.01% of their portfolio | 122.7k $749.4k | Reduced -5.0k |
| Cordatus Wealth Management LLC 0.17% of their portfolio | 122.0k $745.5k | Reduced -5.0k |
| Mariner, LLC 0.00% of their portfolio | 97.9k $598.3k | Added +1.7k |
| VPR Management LLC 0.24% of their portfolio | 88.0k $538.0k | Unchanged |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 75.7k $462.7k | Added +18.0k |
| Campbell & CO Investment Adviser LLC 0.02% of their portfolio | 75.4k $460.7k | Added +43.7k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 74.6k $456.0k | Added +63.0k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 64.8k $395.7k | Reduced -158.3k |
| Brooklyn Investment Group 0.02% of their portfolio | 59.0k $356.2k | New |
| SPX Gestao de Recursos Ltda 0.03% of their portfolio | 54.7k $334.2k | New |
| HANTZ FINANCIAL SERVICES, INC. 0.00% of their portfolio | 48.2k $295.0k | Added +9.1k |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.00% of their portfolio | 43.7k $266.9k | Added +17.3k |
| XTX Topco Ltd 0.01% of their portfolio | 36.1k $220.5k | Added +13.1k |
| Vident Advisory, LLC 0.00% of their portfolio | 31.8k $194.3k | Added +20.7k |
| HRT FINANCIAL LP 0.00% of their portfolio | 28.7k $175.0k | Reduced -37.3k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 26.3k $160.9k | Added +871 |
| GAMMA Investing LLC 0.01% of their portfolio | 24.3k $148.6k | Added +2.4k |
| RENAISSANCE TECHNOLOGIES LLC 0.00% of their portfolio | 23.4k $143.0k | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 21.7k $132.6k | Reduced -126.4k |
| Savant Capital, LLC 0.00% of their portfolio | 21.1k $128.9k | Added +1.2k |
| Schonfeld Strategic Advisors LLC 0.00% of their portfolio | 18.2k $111.3k | New |
| Checchi Capital Advisers, LLC 0.01% of their portfolio | 17.5k $106.7k | Added +1.6k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 17.3k $105.4k | Reduced -7.0k |
| Pathstone Holdings, LLC 0.00% of their portfolio | 15.3k $93.4k | Added +4.9k |
| Vise Technologies, Inc. 0.00% of their portfolio | 15.1k $92.5k | New |
| DRIVE WEALTH MANAGEMENT, LLC 0.02% of their portfolio | 14.7k $89.8k | Added +1.1k |
| Mirae Asset Global Investments Co., Ltd. 0.00% of their portfolio | 13.1k $80.2k | Unchanged |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management 0.00% of their portfolio | 12.5k $76.3k | New |
| Aquatic Capital Management LLC 0.00% of their portfolio | 11.7k $71.2k | Reduced -47.0k |
| Tuttle Capital Management, LLC 0.15% of their portfolio | 10.8k $66.0k | New |
| SIGNATUREFD, LLC 0.00% of their portfolio | 10.0k $61.2k | Reduced -37 |
| Caitong International Asset Management Co., Ltd 0.01% of their portfolio | 5.9k $35.8k | New |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 5.0k $31.0k | Added +3.7k |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 3.0k $18.6k | Reduced -11.4k |
| Bell Investment Advisors, Inc 0.00% of their portfolio | 2.6k $15.7k | Unchanged |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 2.2k $13.4k | Added +477 |
| Tower Research Capital LLC (TRC) 0.00% of their portfolio | 2.1k $13.1k | Added +1.9k |
| US BANCORP \DE\ 0.00% of their portfolio | 2.1k $12.8k | Reduced -508 |
| EverSource Wealth Advisors, LLC 0.00% of their portfolio | 1.7k $10.1k | Added +387 |
| Smartleaf Asset Management LLC 0.00% of their portfolio | 1.5k $9.2k | New |
| SBI Securities Co., Ltd. 0.00% of their portfolio | 1.3k $7.7k | Reduced -165 |
| Eurizon Capital SGR S.p.A. 0.00% of their portfolio | 1.1k $6.6k | First filing |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.1k $6.4k | Added +698 |
| Triumph Capital Management 0.00% of their portfolio | 1.0k $6.1k | New |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio | 960 $5.9k | Unchanged |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 849 $5.2k | Reduced -8.7k |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 721 $4.4k | Unchanged |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 645 $3.9k | Reduced -643 |
| North Star Investment Management Corp. 0.00% of their portfolio | 563 $3.4k | New |
| JFS WEALTH ADVISORS, LLC 0.00% of their portfolio | 521 $3.2k | Unchanged |
| BESSEMER GROUP INC 0.00% of their portfolio | 508 $3.0k | New |
| Larson Financial Group LLC 0.00% of their portfolio | 506 $3.1k | Unchanged |
| ASSETMARK, INC 0.00% of their portfolio | 479 $2.9k | Reduced -12 |
| Physician Wealth Advisors, Inc. 0.00% of their portfolio | 252 $1.5k | Unchanged |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 235 $1.4k | Added +3 |
| Spire Wealth Management 0.00% of their portfolio | 211 $1.3k | Reduced -1.8k |
| Allworth Financial LP 0.00% of their portfolio | 95 $581 | Added +27 |
| Inspire Investing, LLC 0.00% of their portfolio | 3 $16 | New |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 1 $4 | Added +1 |