FERROVIAL SE FER
ORD SHS · Common Stock · CUSIP N3168P101
- SectorIndustrials
- IndustryHeavy Construction Other Than Bldg Const - Contractors
- FilingsSEC EDGAR
* 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 ($22.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $68.48. Options: 9 managers hold calls ($23.0m notional), 7 hold puts ($46.8m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q2 2024 | 88 |
| Q3 2024 | 109 |
| Q4 2024 | 135 |
| Q1 2025 | 147 |
| Q2 2025 | 174 |
| Q3 2025 | 204 |
| Q4 2025 | 274 |
| Q1 2026 | 316 |
| Q2 2026 | 335 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 62 | 38 |
| Q4 2024 | 71 | 59 |
| Q1 2025 | 87 | 52 |
| Q2 2025 | 123 | 49 |
| Q3 2025 | 134 | 68 |
| Q4 2025 | 186 | 83 |
| Q1 2026 | 179 | 120 |
| Q2 2026 | 200 | 136 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $103.3m | $27.5m | 0.27 |
| Q4 2025 | $91.4m | $27.5m | 0.30 |
| Q1 2026 | $69.1m | $43.8m | 0.63 |
| Q2 2026 | $23.0m | $46.8m | 2.03 |
Biggest buyers
| UBS Group AG | Added | +4.2m |
| GOLDMAN SACHS GROUP INC | Added | +2.9m |
| Amundi | Added | +2.9m |
| CITIGROUP INC | Added | +2.2m |
| ONTARIO TEACHERS PENSION PLAN BOARD | New | +2.2m |
| LAZARD ASSET MANAGEMENT LLC | Added | +1.9m |
| BARCLAYS PLC | Added | +1.4m |
| Banco Santander, S.A. | Added | +1.1m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | Added | +1.0m |
| FMR LLC | Added | +487.7k |
Biggest sellers
| FIL Ltd | Reduced | -3.2m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.5m |
| DEUTSCHE BANK AG\ | Reduced | -1.2m |
| Clearbridge Investments, LLC | Reduced | -684.3k |
| DNCA FINANCE | Sold out | -574.1k |
| Legal & General Group Plc | Reduced | -470.0k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -436.3k |
| Bank of Italy | Reduced | -394.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -299.0k |
| JPMORGAN CHASE & CO | Reduced | -297.8k |
Biggest calls
| MILLENNIUM MANAGEMENT LLC | New | $13.8m230.0k shares |
| SIH Partners, LLLP | Reduced | $3.1m44.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.3m19.5k shares |
| JANE STREET GROUP, LLC | New | $1.2m18.0k shares |
| CITADEL ADVISORS LLC | Added | $1.1m16.6k shares |
| Twin Tree Management, LP | New | $933.1k13.6k shares |
| JPMORGAN CHASE & CO | Reduced | $711.3k10.4k shares |
| SIMPLEX TRADING, LLC | Reduced | $528.3k7.7k shares |
| GROUP ONE TRADING LLC | New | $274.4k4.0k shares |
Biggest puts
| JPMORGAN CHASE & CO | Added | $23.3m340.9k shares |
| SIH Partners, LLLP | Reduced | $18.0m262.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m57.1k shares |
| CITADEL ADVISORS LLC | Unchanged | $775.3k11.3k shares |
| JANE STREET GROUP, LLC | New | $301.9k4.4k shares |
| IMC-Chicago, LLC | New | $288.2k4.2k shares |
| SIMPLEX TRADING, LLC | Added | $150.9k2.2k 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.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Rijn Capital SARL 13G · exempt (held before listing) filed 2026-07-29 | 22.3% |
| del Pino Calvo-Sotelo Maria 13G · exempt (held before listing) filed 2025-11-13 | 8.8% |
| BlackRock, Inc. 13G · institution new · filed 2026-10-27 | 5.0% |
Insider purchases and sales since 1 Apr 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 since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| TCI FUND MANAGEMENT LTD 2.72% of their portfolio | 20.9m $1.4bn | Added +200.2k |
| Invesco Ltd. 0.11% of their portfolio | 19.8m $1.4bn | Added +341.8k |
| Amundi 0.30% of their portfolio | 18.2m $1.2bn | Added +2.9m |
| LAZARD ASSET MANAGEMENT LLC 1.54% of their portfolio | 14.8m $1.0bn | Added +1.9m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 13.6m $935.6m | Reduced -436.3k |
| UBS Group AG 0.12% of their portfolio | 10.9m $748.0m | Added +4.2m |
| Banco Santander, S.A. 4.19% of their portfolio | 9.8m $673.3m | Added +1.1m |
| NORGES BANK 0.06% of their portfolio | 9.2m $629.7m | Not comparable |
| BARCLAYS PLC 0.18% of their portfolio | 8.3m $570.4m | Added +1.4m |
| CITIGROUP INC 0.26% of their portfolio | 8.2m $559.8m | Added +2.2m |
| BANK OF AMERICA CORP /DE/ 0.04% of their portfolio | 8.1m $557.6m | Reduced -2.5m |
| FMR LLC 0.02% of their portfolio | 7.5m $516.8m | Added +487.7k |
| Legal & General Group Plc 0.08% of their portfolio | 5.8m $396.2m | Reduced -470.0k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 4.6m $314.0m | Added +2.9m |
| FIL Ltd 0.22% of their portfolio | 4.4m $302.6m | Reduced -3.2m |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.28% of their portfolio | 4.1m $283.6m | Added +1.0m |
| VANGUARD FIDUCIARY TRUST CO 0.06% of their portfolio | 4.0m $275.2m | Reduced -140.1k |
| LANDESBANK BADEN-WUERTTEMBERG 82.67% of their portfolio | 3.2m $222.2m | Unchanged |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.2m $216.7m | Reduced -297.8k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 2.8m $193.6m | Reduced -1.2m |
| ANTIPODES PARTNERS Ltd 3.36% of their portfolio | 2.7m $183.6m | Added +83.5k |
| Clearbridge Investments, LLC 0.14% of their portfolio | 2.5m $169.4m | Reduced -684.3k |
| CREDIT AGRICOLE S A 0.42% of their portfolio | 2.4m $165.9m | Reduced -267.8k |
| Bank of Italy 7.06% of their portfolio | 2.3m $155.1m | Reduced -394.3k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.11% of their portfolio | 2.3m $155.5m | Added +52.8k |
| ONTARIO TEACHERS PENSION PLAN BOARD 0.94% of their portfolio | 2.2m $147.6m | New |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.11% of their portfolio | 2.0m $140.1m | Added +307.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.8m $124.4m | Reduced -25.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.8m $123.6m | Reduced -299.0k |
| THORNBURG INVESTMENT MANAGEMENT INC 1.12% of their portfolio | 1.7m $117.3m | Reduced -26.6k |
| DekaBank Deutsche Girozentrale 0.19% of their portfolio | 1.6m $115.0m | Reduced -10 |
| BlackRock, Inc. 0.00% of their portfolio | 1.6m $111.3m | Added +144.4k |
| Swiss National Bank 0.06% of their portfolio | 1.6m $110.1m | Reduced -168.4k |
| Nuveen, LLC 0.02% of their portfolio | 1.5m $100.2m | Reduced -72.7k |
| ING GROEP NV 0.39% of their portfolio | 1.2m $79.6m | Added +143.9k |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.08% of their portfolio | 1.1m $70.4m | Added +31.1k |
| MORGAN STANLEY 0.00% of their portfolio | 1.1m $75.9m | Added +149.6k |
| J. Safra Sarasin Holding AG 0.99% of their portfolio | 1.1m $68.7m | Reduced -3.2k |
| Russell Investments Group, Ltd. 0.06% of their portfolio | 1.1m $72.9m | Reduced -95.0k |
| 1832 Asset Management L.P. 0.08% of their portfolio | 979.3k $67.2m | Reduced -193.9k |
| ProShare Advisors LLC 0.07% of their portfolio | 726.1k $49.8m | Reduced -240.9k |
| Fisher Asset Management, LLC 0.01% of their portfolio | 676.6k $46.4m | Added +28.8k |
| Skye Global Management LP 0.88% of their portfolio | 656.0k $45.0m | Added +184.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 610.0k $41.9m | Reduced -3.2k |
| Maryland State Retirement & Pension System 0.69% of their portfolio | 591.1k $40.5m | Reduced -1.9k |
| AVIVA PLC 0.06% of their portfolio | 575.1k $39.4m | Added +7.3k |
| Allianz Asset Management GmbH 0.04% of their portfolio | 544.5k $34.8m | Reduced -10.9k |
| M&G PLC 0.18% of their portfolio | 537.3k $36.8m | Reduced -24.2k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 532.8k $36.5m | Reduced -974 |
| Vontobel Holding Ltd. 0.12% of their portfolio | 531.5k $36.4m | Added +292.8k |
| Partners Group Holding AG 2.46% of their portfolio | 521.4k $36.1m | Reduced -16.7k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.02% of their portfolio | 509.1k $34.9m | Added +4.9k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 495.2k $34.0m | Added +248.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 477.6k $32.8m | Added +158.6k |
| Quantinno Capital Management LP 0.04% of their portfolio | 462.4k $31.7m | Added +130.0k |
| NEUBERGER BERMAN GROUP LLC 0.02% of their portfolio | 459.8k $31.5m | Added +4.8k |
| STATE STREET CORP 0.00% of their portfolio | 445.7k $30.6m | Added +8.6k |
| Groupe la Francaise 0.37% of their portfolio | 436.6k $30.0m | Added +377.7k |
| NEOS Investment Management LLC 0.11% of their portfolio | 430.5k $29.5m | Added +40.3k |
| BANK OF MONTREAL /CAN/ 0.01% of their portfolio | 425.4k $29.1m | Added +25.2k |
| Thrivent Financial for Lutherans 0.05% of their portfolio | 419.3k $28.8m | Added +44.0k |
| SIH Partners, LLLP 1.20% of their portfolio | 419.3k $28.8m | Added +360.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.04% of their portfolio | 411.7k $28.2m | Added +204.8k |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.22% of their portfolio | 392.9k $23.6m | Reduced -3.0k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 369.7k $25.4m | Reduced -1.3k |
| Exane Asset Management 9.12% of their portfolio | 368.0k $25.2m | Reduced -183.4k |
| TD Asset Management Inc 0.02% of their portfolio | 349.2k $23.9m | Reduced -2.4k |
| SG Americas Securities, LLC 0.01% of their portfolio | 348.6k $23.9m | Added +99.0k |
| CITADEL ADVISORS LLC 0.01% of their portfolio | 309.0k $21.2m | Added +276.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 300.7k $20.6m | Reduced -10.3k |
| Jupiter Topco LLC 0.01% of their portfolio | 296.5k $20.3m | First filing |
| Mirae Asset Global Investments Co., Ltd. 0.04% of their portfolio | 292.1k $20.0m | Added +291.5k |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 291.1k $20.0m | Reduced -268.5k |
| Public Sector Pension Investment Board 0.05% of their portfolio | 283.2k $19.2m | Reduced -695 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 251.1k $17.2m | Reduced -14.0k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 247.1k $17.0m | Added +10.7k |
| Korea Investment CORP 0.03% of their portfolio | 246.4k $16.9m | Reduced -9.4k |
| Vanguard Investments Australia, Ltd. 0.04% of their portfolio | 229.3k $15.7m | Reduced -12.0k |
| JANE STREET GROUP, LLC 0.01% of their portfolio | 223.6k $15.3m | Added +197.6k |
| 71 West Capital Partners 0.50% of their portfolio | 211.6k $14.5m | Added +6.3k |
| Rafferty Asset Management, LLC 0.03% of their portfolio | 203.6k $14.0m | Added +18.9k |
| Fideuram Asset Management (Ireland) dac 0.22% of their portfolio | 194.4k $11.6m | Added +158.8k |
| ABN AMRO Bank N.V. 0.17% of their portfolio | 192.0k $13.1m | Added +1.2k |
| Susquehanna Portfolio Strategies, LLC 0.20% of their portfolio | 181.9k $12.5m | Added +24.6k |
| Lansforsakringar Fondforvaltning AB (publ) 0.06% of their portfolio | 180.7k $12.4m | Reduced -38.6k |
| Vanguard Global Advisers, LLC 0.01% of their portfolio | 178.2k $12.2m | Added +44.5k |
| Zurich Insurance Group Ltd/FI 0.08% of their portfolio | 178.0k $12.2m | Reduced -115.2k |
| MARSHALL WACE, LLP 0.01% of their portfolio | 173.7k $11.9m | Added +152.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 167.2k $11.5m | Added +94.0k |
| XTX Topco Ltd 0.15% of their portfolio | 165.2k $11.3m | Added +80.2k |
| SEB Asset Management AB 0.04% of their portfolio | 164.7k $11.3m | Added +5.3k |
| PRUDENTIAL PLC 0.07% of their portfolio | 158.0k $10.8m | Added +55.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.02% of their portfolio | 149.0k $10.2m | Reduced -13.0k |
| GF FUND MANAGEMENT CO. LTD. 0.12% of their portfolio | 145.3k $10.0m | Reduced -5.1k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 144.5k $9.9m | New |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.50% of their portfolio | 137.4k $9.4m | Reduced -76.9k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 136.4k $8.9m | Added +47.2k |
| CAPITAL FUND MANAGEMENT S.A. 0.06% of their portfolio | 131.4k $9.0m | Added +68.3k |
| COOPER INVESTORS PTY LTD 4.07% of their portfolio | 129.2k $8.9m | Added +24.8k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 127.4k $8.7m | Reduced -5.9k |