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Banco Santander, S.A.

SAN
Exchange
NYSE
Industry
Commercial Banks, NEC
SEC CIK
0000891478

No open-market purchases or sales by Banco Santander, S.A. insiders were filed in the last 90 days; 663 institutions reported holding it in 13F filings for Q2 2026, worth $6.94B in total; no superinvestor holds it.

Other share classesBCDRF

13F holders, Q4 2025

Institutional positions in Banco Santander, S.A. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
593
+79 vs. Q3 2025
Shares held
452.4M
−6.45M (−1.4%) vs. Q3 2025
Total value
$5.32B
+$515.0M (+10.7%) vs. Q3 2025
New holders
115
284 more added
Sold out
36
121 more reduced

7 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SAN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 593 institutions
Q1 2021: 309 institutionsQ2 2021: 322 institutionsQ3 2021: 317 institutionsQ4 2021: 322 institutionsQ1 2022: 311 institutionsQ2 2022: 312 institutionsQ3 2022: 289 institutionsQ4 2022: 305 institutionsQ1 2023: 319 institutionsQ2 2023: 320 institutionsQ3 2023: 337 institutionsQ4 2023: 374 institutionsQ1 2024: 380 institutionsQ2 2024: 396 institutionsQ3 2024: 397 institutionsQ4 2024: 408 institutionsQ1 2025: 424 institutionsQ2 2025: 465 institutionsQ3 2025: 521 institutionsQ4 2025: 593 institutionsQ1 2026: 642 institutionsQ2 2026: 663 institutions
Value heldQ4 2025: $5.32B
Q1 2021: $1.07BQ2 2021: $1.28BQ3 2021: $1.20BQ4 2021: $1.08BQ1 2022: $1.12BQ2 2022: $930.8MQ3 2022: $743.3MQ4 2022: $973.7MQ1 2023: $1.33BQ2 2023: $1.29BQ3 2023: $1.32BQ4 2023: $1.58BQ1 2024: $2.00BQ2 2024: $1.73BQ3 2024: $1.99BQ4 2024: $1.79BQ1 2025: $2.66BQ2 2025: $3.20BQ3 2025: $4.81BQ4 2025: $5.32BQ1 2026: $5.51BQ2 2026: $6.94B
Institutions holding SAN and their total value by quarter
QuarterHoldersValue
Q2 2026663$6.94B
Q1 2026642$5.51B
Q4 2025593$5.32B
Q3 2025521$4.81B
Q2 2025465$3.20B
Q1 2025424$2.66B
Q4 2024408$1.79B
Q3 2024397$1.99B
Q2 2024396$1.73B
Q1 2024380$2.00B
Q4 2023374$1.58B
Q3 2023337$1.32B
Q2 2023320$1.29B
Q1 2023319$1.33B
Q4 2022305$973.7M
Q3 2022289$743.3M
Q2 2022312$930.8M
Q1 2022311$1.12B
Q4 2021322$1.08B
Q3 2021317$1.20B
Q2 2021322$1.28B
Q1 2021309$1.07B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Banco Santander, S.A.; share changes are against Q3 2025.

Institutions holding SAN in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Advisors Asset Management, Inc.276,291$3.24M0.05%+57,154+26.1%Added
CacheTech Inc.280,875$3.29M0.61%−2,783−1.0%Reduced
Ameriprise Financial Inc285,494$3.35M0.00%−89,220−23.8%Reduced
Qube Research & Technologies Ltd294,543$3.45M0.00%+294,543New
Russell Investments Group, Ltd.296,939$3.48M0.00%−92,966−23.8%Reduced
Bank of Montreal300,126$3.52M0.00%+24,995+9.1%Added
Colony Group, LLC303,768$3.56M0.00%+53,983+21.6%Added
Calamos Wealth Management LLC309,079$3.63M0.13%+17,039+5.8%Added
Tudor Investment Corp Et Al309,533$3.63M0.02%−184,791−37.4%Reduced
Sanctuary Advisors, LLC315,026$3.70M0.02%−2,456−0.8%Reduced
CI Private Wealth, LLC327,704$3.84M0.01%+16,593+5.3%Added
Naviter Wealth, LLC332,041$3.89M0.51%−23,955−6.7%Reduced
National Bank of Canada335,301$3.93M0.00%−7,437−2.2%Reduced
Arlington Capital Management, Inc.340,204$3.99M2.45%−892−0.3%Reduced
Ethic Inc.353,448$4.15M0.06%−22,137−5.9%Reduced
Signaturefd, LLC355,895$4.17M0.06%+11,690+3.4%Added
Oppenheimer Asset Management Inc.356,578$4.18M0.05%−36,572−9.3%Reduced
The PNC Financial Services Group, Inc.357,048$4.19M0.00%−20,869−5.5%Reduced
NewEdge Wealth, LLC372,175$4.37M0.05%+25,591+7.4%Added
Rhumbline Advisers384,262$4.51M0.00%+72,428+23.2%Added
Integrated Quantitative Investments LLC395,500$4.64M1.00%+85,586+27.6%Added
Ritholtz Wealth Management404,068$4.74M0.09%+5,263+1.3%Added
CIBC World Markets Inc.405,991$4.76M0.01%+7,555+1.9%Added
Vestmark Advisory Solutions, Inc.417,677$4.90M0.07%+111,235+36.3%Added
New York State Common Retirement Fund424,463$4.98M0.01%+100,011+30.8%Added
Park Avenue Securities LLC441,801$5.18M0.04%+15,779+3.7%Added
Vident Advisory, LLC462,955$5.43M0.05%−31,186−6.3%Reduced
Citadel Advisors LLC464,292$5.45M0.00%+156,511+50.9%Added
Ieq Capital, LLC474,110$5.56M0.02%+251,815+113.3%Added
Marietta Investment Partners LLC476,442$5.59M1.11%+123,692+35.1%Added
Laird Norton Trust Company, LLC509,010$5.97M0.12%+509,010New
Factory Mutual Insurance Co515,311$6.04M0.06%00.0%Unchanged
HighTower Advisors, LLC519,836$6.10M0.01%+5,680+1.1%Added
Quadrant Capital Group LLC531,411$6.23M0.19%+2,803+0.5%Added
UBS Group AG556,816$6.53M0.00%+127,405+29.7%Added
Callan Family Office, LLC573,704$6.73M0.14%+248,722+76.5%Added
Citigroup Inc594,389$6.97M0.00%−887,072−59.9%Reduced
TD Waterhouse Canada Inc.598,249$7.02M0.04%+97,659+19.5%Added
Optiver Holding B.V.624,908$7.33M0.13%+624,908New
First Trust Advisors LP644,252$7.56M0.01%+28,913+4.7%Added
Cetera Investment Advisers644,694$7.56M0.01%+33,549+5.5%Added
US Bancorp713,050$8.36M0.01%+89,253+14.3%Added
JustInvest LLC727,361$8.53M0.08%+2,379+0.3%Added
Brinker Capital Investments, LLC742,060$8.70M0.06%+4,136+0.6%Added
Adviser Investments LLC756,489$8.87M0.10%+62,034+8.9%Added
DV Equities, LLC757,680$8.89M1.61%+757,680New
State Street Corp764,056$9.02M0.00%+235,207+44.5%Added
Jane Street Group, LLC791,045$9.28M0.01%+791,045New
SEI Investments Co808,499$9.48M0.01%+20,426+2.6%Added
MML Investors Services, LLC827,552$9.71M0.02%+164,205+24.8%Added
Oppenheimer & Co Inc872,724$10.2M0.15%−462,495−34.6%Reduced
Cerity Partners LLC900,485$10.6M0.02%−41,759−4.4%Reduced
Steamboat Capital Partners, LLC903,926$10.6M2.91%−473,620−34.4%Reduced
Pathstone Holdings, LLC933,437$10.9M0.04%+69,054+8.0%Added
Capital Wealth Planning, LLC939,147$11.3M0.07%+438,971+87.8%Added
Barometer Capital Management Inc.71,409$11.5M3.79%−1,600,504−95.7%Reduced
Stifel Financial Corp999,826$11.7M0.01%+36,529+3.8%Added
Mariner, LLC1,070,726$12.6M0.01%+89,700+9.1%Added
Crossmark Global Holdings, Inc.1,130,317$13.3M0.19%−149,936−11.7%Reduced
Bank of New York Mellon Corp1,162,201$13.6M0.00%+170,416+17.2%Added
Mercer Global Advisors Inc1,222,217$14.3M0.02%+42,629+3.6%Added
AQR Capital Management LLC1,289,067$15.1M0.01%+250,317+24.1%Added
QRG Capital Management, Inc.1,335,164$15.7M0.17%+67,240+5.3%Added
LPL Financial LLC1,545,866$18.1M0.00%+94,531+6.5%Added
Quantinno Capital Management LP1,861,905$21.8M0.04%+541,374+41.0%Added
O'Shaughnessy Asset Management, LLC1,922,870$22.6M0.12%+4,047+0.2%Added
Creative Planning1,965,942$23.1M0.02%+183,954+10.3%Added
Charles Schwab Investment Management Inc2,246,410$26.4M0.00%+268,043+13.5%Added
Royal Bank of Canada2,479,617$29.1M0.01%−1,602,191−39.3%Reduced
Natixis Advisors, L.P.3,067,184$36.0M0.05%−219,815−6.7%Reduced
JPMorgan Chase & Co3,220,998$37.8M0.00%+266,832+9.0%Added
Wells Fargo & Company3,861,224$45.3M0.01%+83,477+2.2%Added
Raymond James Financial Inc4,121,476$48.4M0.02%+20,708+0.5%Added
Teachers Retirement System of the State of Kentucky4,861,360$57.0M0.43%+349,000+7.7%Added
American Century Companies Inc4,926,678$57.8M0.03%+609,834+14.1%Added
Bank of America Corp5,214,366$61.2M0.00%+895,997+20.7%Added
Arrowstreet Capital, Limited Partnership5,456,598$64.0M0.04%−5,276,442−49.2%Reduced
Envestnet Asset Management Inc5,802,874$68.1M0.02%+249,943+4.5%Added
Clark Capital Management Group, Inc.7,158,257$84.0M0.52%+2,2040.0%Added
Todd Asset Management LLC7,630,413$89.5M1.74%+194,081+2.6%Added
Lazard Asset Management LLC8,883,083$104.2M0.18%−328,590−3.6%Reduced
Clearbridge Investments, LLC8,983,771$105.4M0.08%−150,129−1.6%Reduced
CIBC Private Wealth Group, LLC9,400,907$110.3M0.19%+419,035+4.7%Added
Dimensional Fund Advisors LP10,877,077$127.6M0.03%−41,842−0.4%Reduced
Northern Trust Corp12,745,454$149.5M0.02%−98,575−0.8%Reduced
Chevy Chase Trust Holdings, Inc.13,961,036$163.8M0.44%−20,367−0.1%Reduced
BlackRock, Inc.14,863,876$174.4M0.00%+1,136,916+8.3%Added
Capital International Investors14,766,849$174.8M0.03%+237,825+1.6%Added
Goldman Sachs Group Inc18,046,574$211.7M0.03%+408,089+2.3%Added
Mondrian Investment Partners LTD24,614,574$288.7M4.76%−2,374,494−8.8%Reduced
FMR LLC36,862,371$432.4M0.02%+2,743,002+8.0%Added
Morgan Stanley56,109,418$658.2M0.04%+1,719,432+3.2%Added
Fisher Asset Management, LLC96,865,591$1.14B0.39%−10,763,516−10.0%Reduced
Castleark Management LLC0$00.00%−405,515−100.0%Sold out
Walleye Capital LLC0$00.00%−334,820−100.0%Sold out
Flow Traders U.S. LLC0$00.00%−164,438−100.0%Sold out
Public Employees Retirement System of Ohio0$00.00%−126,946−100.0%Sold out
Walleye Trading LLC0$00.00%−96,502−100.0%Sold out
Myriad Asset Management US LP0$00.00%−79,323−100.0%Sold out
Pitcairn Co0$00.00%−57,161−100.0%Sold out