Ranked by reported Q2 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 | 88.3M | $1.22B | +13.2% | 0.602% | 0.06% |
| 2 | GOLDMAN SACHS GROUP INC | 47.1M | $650.1M | +9.3% | 0.321% | 0.06% |
| 3 | FMR LLC | 41.4M | $570.9M | +6.2% | 0.282% | 0.02% |
| 4 | Fisher Asset Management, LLC | 32.9M | $453.8M | -16.8% | 0.224% | 0.14% |
| 5 | Mondrian Investment Partners LTD | 19.4M | $267.5M | -13.2% | 0.132% | 4.13% |
| 6 | BlackRock, Inc. | 17.7M | $244.9M | +11.8% | 0.121% | 0.00% |
| 7 | Chevy Chase Trust Holdings, LLC | 14.0M | $193.2M | +1.4% | 0.095% | 0.50% |
| 8 | Capital International Investors | 14.1M | $192.4M | -6.8% | 0.096% | 0.04% |
| 9 | NORTHERN TRUST CORP | 13.0M | $179.0M | -3.0% | 0.088% | 0.02% |
| 10 | BANK OF AMERICA CORP /DE/ | 12.0M | $166.1M | +5.5% | 0.082% | 0.01% |
| 11 | BNP PARIBAS FINANCIAL MARKETS | 11.1M | $153.7M | -27.2% | 0.076% | 0.05% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 10.8M | $149.1M | -0.6% | 0.074% | 0.03% |
| 13 | CITIGROUP INC | 8.3M | $115.1M | +8.6% | 0.057% | 0.04% |
| 14 | LAZARD ASSET MANAGEMENT LLC | 8.2M | $113.2M | -2.2% | 0.056% | 0.17% |
| 15 | BARCLAYS PLC | 8.2M | $112.9M | +63.3% | 0.056% | 0.02% |
| 16 | Clearbridge Investments, LLC | 7.8M | $107.4M | +0.6% | 0.053% | 0.09% |
| 17 | CIBC Bancorp USA Inc. | 7.4M | $102.7M | -2.5% | 0.051% | 0.12% |
| 18 | Clark Capital Management Group, Inc. | 6.8M | $93.9M | +1.4% | 0.046% | 0.51% |
| 19 | TODD ASSET MANAGEMENT LLC | 6.5M | $89.9M | -0.5% | 0.044% | 1.60% |
| 20 | ENVESTNET ASSET MANAGEMENT INC | 6.1M | $84.2M | -2.5% | 0.042% | 0.01% |
| 21 | AMERICAN CENTURY COMPANIES INC | 5.8M | $79.8M | +3.0% | 0.039% | 0.04% |
| 22 | UBS Group AG | 5.4M | $74.0M | -9.8% | 0.036% | 0.01% |
| 23 | TORONTO DOMINION BANK | 5.1M | $69.8M | +20.2% | 0.034% | 0.08% |
| 24 | JPMORGAN CHASE & CO | 4.2M | $57.7M | +18.5% | 0.029% | 0.00% |
| 25 | RAYMOND JAMES FINANCIAL INC | 4.1M | $56.0M | -3.0% | 0.028% | 0.02% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SAN — a direct measure of their conviction.
Filings activity in SAN during Q2 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q2 2026 | 663 | +3.6% | 3.44% | +0.09 pp | $6.83B | +26% |
| Q1 2026 | 640 | +12% | 3.35% | +0.27 pp | $5.43B | +4.0% |
| Q4 2025 | 572 | +13% | 3.08% | 0.11 pp | $5.22B | +8.7% |
| Q3 2025 | 506 | +11% | 3.19% | 0.95 pp | $4.81B | 4.8% |
| Q2 2025 | 456 | +11% | 4.14% | +1.43 pp | $5.05B | +96% |
| Q1 2025 | 411 | +3.5% | 2.71% | +0.07 pp | $2.57B | +47% |
| Q4 2024 | 397 | +2.8% | 2.64% | 0.03 pp | $1.75B | 17% |
| Q3 2024 | 386 | — | 2.67% | — | $2.11B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying SAN stock.
Based on Q2 2026 13F filings, institutional ownership of Banco Santander, S.A. stands at 3.4%, held across 663 reporting institutions.
MORGAN STANLEY is the largest reported institutional holder of SAN, with approximately 88,347,118 shares worth $1.22B as of Q2 2026.
Yes — 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 51 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
80 institutions opened new positions in SAN during Q2 2026, while 59 fully exited. 520 added to existing positions and 46 trimmed.
SAN institutional ownership rose by 0.09 percentage points quarter-over-quarter, with a net change of +23 holders.
The top 10 institutions account for 60.6% of all reported 13F value in SAN, and the top 25 account for 81.9%.
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