Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in SAN held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | MORGAN STANLEY | 78.1M | $880.7M | +39.2% | 0.532% | 0.05% |
| 2 | GOLDMAN SACHS GROUP INC | 43.1M | $486.1M | +138.9% | 0.294% | 0.06% |
| 3 | Fisher Asset Management, LLC | 39.5M | $445.8M | -59.2% | 0.269% | 0.15% |
| 4 | FMR LLC | 39.0M | $439.7M | +5.7% | 0.265% | 0.02% |
| 5 | Mondrian Investment Partners LTD | 22.3M | $251.9M | -9.3% | 0.152% | 3.77% |
| 6 | BlackRock, Inc. | 15.9M | $179.1M | +6.8% | 0.108% | 0.00% |
| 7 | BNP PARIBAS ARBITRAGE, SA | 15.3M | $172.5M | +10264.1% | 0.104% | 0.08% |
| 8 | Capital International Investors | 15.1M | $161.8M | +2.4% | 0.103% | 0.04% |
| 9 | Chevy Chase Trust Holdings, Inc. | 13.8M | $155.8M | -1.0% | 0.094% | 0.45% |
| 10 | NORTHERN TRUST CORP | 13.4M | $150.8M | +4.9% | 0.091% | 0.02% |
| 11 | BANK OF AMERICA CORP /DE/ | 11.4M | $128.7M | +118.9% | 0.078% | 0.01% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 10.9M | $122.6M | -0.1% | 0.074% | 0.03% |
| 13 | LAZARD ASSET MANAGEMENT LLC | 8.4M | $94.6M | -5.6% | 0.057% | 0.16% |
| 14 | Clearbridge Investments, LLC | 7.7M | $87.2M | -14.0% | 0.053% | 0.08% |
| 15 | CITIGROUP INC | 7.7M | $86.6M | +1191.7% | 0.052% | 0.04% |
| 16 | CIBC Bancorp USA Inc. | 7.6M | $86.2M | β | 0.052% | 0.12% |
| 17 | Clark Capital Management Group, Inc. | 6.7M | $75.6M | -6.3% | 0.046% | 0.47% |
| 18 | TODD ASSET MANAGEMENT LLC | 6.5M | $73.9M | -14.2% | 0.045% | 1.45% |
| 19 | ENVESTNET ASSET MANAGEMENT INC | 6.3M | $70.6M | +7.9% | 0.043% | 0.02% |
| 20 | UBS Group AG | 5.9M | $67.0M | +966.8% | 0.040% | 0.01% |
| 21 | AMERICAN CENTURY COMPANIES INC | 5.6M | $63.4M | +14.0% | 0.038% | 0.03% |
| 22 | BARCLAYS PLC | 5.0M | $56.5M | +35881.5% | 0.034% | 0.02% |
| 23 | TORONTO DOMINION BANK | 4.2M | $47.5M | β | 0.029% | 0.07% |
| 24 | RAYMOND JAMES FINANCIAL INC | 4.2M | $47.1M | +1.4% | 0.028% | 0.01% |
| 25 | WELLS FARGO & COMPANY/MN | 4.2M | $47.1M | +8.1% | 0.028% | 0.01% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). β% of Fundβ shows how much of that investorβs total 13F portfolio is invested in SAN β a direct measure of their conviction.
Filings activity in SAN during Q1 2026, grouped by how each filer changed its position.
Institutions that opened a new SAN position in Q1 2026
Institutions that fully closed their SAN position in Q1 2026
8 quarters of 13F filings Β· Ξ columns show change vs prior quarter
| Quarter | Inst. Holders | Ξ Holders | Ownership % | Ξ Ownership | Total 13F Value | Ξ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 619 | +8.8% | 2.84% | +0.08 pp | $5.37B | +3.0% |
| Q4 2025 | 569 | +13% | 2.76% | +0.22 pp | $5.21B | +8.7% |
| Q3 2025 | 504 | +11% | 2.54% | 0.13 pp | $4.80B | 5.0% |
| Q2 2025 | 456 | +11% | 2.67% | +1.31 pp | $5.05B | +96% |
| Q1 2025 | 411 | +3.5% | 1.36% | +0.43 pp | $2.57B | +47% |
| Q4 2024 | 397 | +2.8% | 0.93% | 0.19 pp | $1.75B | 17% |
| Q3 2024 | 386 | +0.3% | 1.12% | +0.11 pp | $2.11B | +10% |
| Q2 2024 | 385 | β | 1.01% | β | $1.91B | β |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Ξ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SAN stock.
Based on Q1 2026 13F filings, institutional ownership of Banco Santander, S.A. stands at 2.8%, held across 619 reporting institutions.
MORGAN STANLEY is the largest reported institutional holder of SAN, with approximately 78,079,188 shares worth $0.88B as of Q1 2026.
Yes β 1 widely-followed marquee investor appear among the top 25 institutional holders of SAN, including Fisher Asset Management, LLC.
Our composite Smart Money Score for SAN is 57 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
121 institutions opened new positions in SAN during Q1 2026, while 71 fully exited. 186 added to existing positions and 310 trimmed.
SAN institutional ownership rose by 0.08 percentage points quarter-over-quarter, with a net change of +50 holders.
The top 10 institutions account for 61.9% of all reported 13F value in SAN, and the top 25 account for 83.4%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Banco Santander, S.A. (SAN) Institutional Ownership