Banco Santander, S.A.

CIK

891478

Location

Madrid, U3

Portfolio Value

Large $11,013,444,935

Diversification

Diversified

Filing Date

Global Rank

#402 / 8,605 ▼ 16 · as of Mar 2026

Top Industry

Banks - Regional 29.4%

3Y Alpha vs SPY

-11.7%

Period ended 3 months ago

Filed May 8, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+32.8%

SPY

+76.5%

Annualised alpha

-10.9%

Max drawdown

−17.0%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

363 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

28.0%

+1.7 pts

Top 5

47.0%

+3.2 pts

Top 10

58.4%

+1.9 pts

HHI

928

Diversified+98

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	35.7%	$3,933,311,108	51
Technology	21.4%	$2,361,272,960	66
Industrials	9.5%	$1,048,338,345	49
Consumer Cyclical	7.3%	$798,853,642	41
Energy	5.6%	$612,360,416	19
Healthcare	5.5%	$607,967,176	46
Communication Services	5.0%	$552,887,508	14
Unclassified	3.6%	$400,697,115	6
Consumer Defensive	3.6%	$400,208,539	26
Utilities	1.1%	$122,492,514	13
Basic Materials	1.0%	$115,588,159	23
Real Estate	0.5%	$59,467,453	9

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NU	Nu Holdings Ltd.	+810,483	886,004	$12,731,876
MSFT	Microsoft Corp	+801,780	1,836,327	$679,753,164
MDLZ	Mondelez International, Inc.	+572,886	630,338	$36,332,680
IREN	IREN Ltd	+554,805	600,300	$20,578,284
KO	Coca Cola Co	+329,600	1,058,035	$80,463,560
INVZ	Innoviz Technologies Ltd.	+282,146	559,530	$354,182
BSX	Boston Scientific Corp	+248,992	304,049	$19,079,073
NEM	NEWMONT Corp /DE/	+224,993	239,129	$25,885,714
ANET	Arista Networks, Inc.	+205,998	285,670	$35,074,562
DOW	Dow Inc.	+187,834	478,984	$19,949,682
DDOG	Datadog, Inc.	+172,429	179,222	$21,157,156
BBD	Bank Bradesco	+142,100	252,846	$922,887
GLD	Spdr Gold Trust	+136,110	509,516	$219,239,638
UBS	UBS Group AG	+135,907	140,956	$5,507,149
SNAP	Snap Inc	+133,200	146,362	$673,265
NFLX	Netflix Inc	+110,610	945,230	$90,883,863
PTON	Peloton Interactive, Inc.	+107,750	181,917	$780,423
XP	XP Inc.	+101,202	134,898	$2,568,457
RTX	RTX Corp	+90,543	112,993	$21,796,349
LHX	L3harris Technologies, Inc. /De/	+84,056	85,218	$29,412,992
XOM	Exxon Mobil Corp	+78,576	584,545	$99,173,902
UPST	Upstart Holdings, Inc.	+68,777	109,300	$2,803,545
PYPL	PayPal Holdings, Inc.	+67,593	238,811	$10,801,420
SNPS	Synopsys Inc	+58,774	65,990	$26,163,714
BAC	Bank Of America Corp /De/	+58,233	1,101,475	$53,696,905
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
STLA	Stellantis N.V.	−9,323,228	9,722,932	$68,935,587
DB	Deutsche Bank Aktiengesellschaft	−3,544,066	524,556	$15,621,277
FER	Ferrovial N.V.	−957,954	8,720,450	$567,265,271
TTE	TotalEnergies SE	−402,257	4,224,880	$384,379,581
PBR	Petrobras - Petroleo Brasileiro SA	−388,606	45,530	$944,747
KHC	Kraft Heinz Co	−382,058	127,765	$2,873,434
AVGO	Broadcom Inc.	−325,976	480,030	$148,574,083
HAS	Hasbro, Inc.	−286,849	27,972	$2,618,179
AMZN	Amazon Com Inc	−268,490	1,402,980	$292,198,642
NVDA	Nvidia Corp	−248,172	2,635,890	$459,699,214
TSLA	Tesla, Inc.	−239,329	197,129	$73,282,705
AAPL	Apple Inc.	−229,593	1,402,496	$355,939,457
WMT	Walmart Inc.	−217,143	595,563	$74,016,569
META	Meta Platforms, Inc.	−195,246	308,441	$176,468,347
PFE	Pfizer Inc	−192,707	1,469,265	$41,256,959
INTC	Intel Corp	−184,175	313,256	$13,823,986
VALE	Vale S.A.	−179,229	84,625	$1,346,383
CRM	Salesforce, Inc.	−175,195	108,654	$20,282,441
COF	Capital One Financial Corp	−143,706	3,240	$591,073
DAL	Delta Air Lines, Inc.	−120,527	22,198	$1,475,722
DIS	Walt Disney Co	−120,323	199,902	$19,266,553
CMCSA	Comcast Corp	−113,581	789,998	$22,680,842
NOW	ServiceNow, Inc.	−102,955	105,522	$11,032,322
HON	Honeywell International Inc	−96,725	65,760	$14,863,732
VZ	Verizon Communications Inc	−95,180	8,648	$434,129
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
DHI	Horton D R Inc /De/	110,992	$15,230,322
ARMK	Aramark	328,469	$13,316,133
AA	Alcoa Corp	163,616	$10,852,648
SUNB	Sunbelt Rentals Holdings, Inc.	78,667	$5,120,435
CVNA	Carvana Co.	10,141	$3,188,126
MMM	3M Co	12,807	$1,859,960
EA	Electronic Arts Inc.	8,593	$1,751,854
TECK	Teck Resources Ltd	33,336	$1,725,138
DUK	Duke Energy CORP	13,054	$1,709,290
ALL	Allstate Corp	8,240	$1,708,480
JBS	Jbs N.V.	94,827	$1,703,092
AMT	American Tower Corp /Ma/	9,777	$1,687,314
JAZZ	Jazz Pharmaceuticals plc	8,804	$1,664,396
IDXX	Idexx Laboratories Inc /De	2,951	$1,658,136
WWD	Woodward, Inc.	4,556	$1,630,683
CELH	Celsius Holdings, Inc.	43,177	$1,531,919
AAL	American Airlines Group Inc.	140,969	$1,514,007
COR	Cencora, Inc.	4,665	$1,465,463
ARGX	Argenx SE	1,847	$1,348,771
ONC	BeOne Medicines Ltd.	4,469	$1,327,158
RBRK	Rubrik, Inc.	26,006	$1,273,513
LEU	Centrus Energy Corp	6,666	$1,157,150
CRCL	Circle Internet Group, Inc.	12,128	$1,157,131
CRDO	Credo Technology Group Holding Ltd	12,174	$1,142,772
AZN	Astrazeneca PLC	5,688	$1,121,787
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
KKR	KKR & Co. Inc.	184,994	$23,583,034
NDAQ	Nasdaq, Inc.	104,560	$10,155,912
PINS	Pinterest, Inc.	323,420	$8,373,343
RL	Ralph Lauren Corp	22,324	$7,893,989
NI	Nisource Inc.	180,476	$7,536,677
L	Loews Corp	59,867	$6,304,593
NTRA	Natera, Inc.	22,986	$5,265,862
GLPI	Gaming & Leisure Properties, Inc.	100,416	$4,487,591
MDB	MongoDB, Inc.	8,467	$3,553,515
RKLB	Rocket Lab Corp	43,498	$3,034,419
SCI	Service Corp International	35,350	$2,756,239
ACM	Aecom	26,362	$2,513,089
IR	Ingersoll Rand Inc.	29,168	$2,310,688
JKHY	Jack Henry & Associates Inc	11,371	$2,074,980
IT	Gartner Inc	8,002	$2,018,744
FICO	Fair Isaac Corp	1,124	$1,900,256
PKG	Packaging Corp Of America	9,207	$1,898,759
MKSI	Mks Inc	11,748	$1,877,330
ROL	Rollins Inc	31,229	$1,874,364
PTC	Ptc Inc.	10,506	$1,830,250
RJF	Raymond James Financial Inc	11,342	$1,821,411
RMD	Resmed Inc	7,310	$1,760,759
UHS	Universal Health Services Inc	8,010	$1,746,340
GDDY	GoDaddy Inc.	13,817	$1,714,413
WRB	Berkley W R Corp	24,306	$1,704,336
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

363 positions · $11,013,444,935 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 363 positions by value · page 1 of 8

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
BSBR	Banco Santander (Brasil) S.A. Financial Services	Held	520,218,168	0	$3,084,893,736	−2.9%	28.01%
MSFT	Microsoft Corp Technology	Added	1,836,327	+801,780	$679,753,164	+35.9%	6.17%
FER	Ferrovial N.V. Industrials	Reduced	8,720,450	-957,954	$567,265,271	−9.3%	5.15%
NVDA	Nvidia Corp Technology	Reduced	2,635,890	-248,172	$459,699,214	−14.5%	4.17%
TTE	TotalEnergies SE Energy	Reduced	4,224,880	-402,257	$384,379,581	+27.0%	3.49%
AAPL	Apple Inc. Technology	Reduced	1,402,496	-229,593	$355,939,457	−19.8%	3.23%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	1,402,980	-268,490	$292,198,642	−24.3%	2.65%
GLD	Spdr Gold Trust	Added	509,516	+136,110	$219,239,638	+48.2%	1.99%
GOOGL	Alphabet Inc. Communication Services	Reduced	718,414	-61,841	$206,587,128	−15.4%	1.88%
RACE	Ferrari N.V. Consumer Cyclical	Reduced	548,829	-94,092	$185,751,174	−21.8%	1.69%
META	Meta Platforms, Inc. Communication Services	Reduced	308,441	-195,246	$176,468,347	−46.9%	1.60%
JPM	Jpmorgan Chase & Co Financial Services	Added	523,635	+47,709	$154,032,469	+0.4%	1.40%
SPY	Spdr S&P 500 ETF Trust	Added	235,496	+46,810	$153,152,466	+19.0%	1.39%
AVGO	Broadcom Inc. Technology	Reduced	480,030	-325,976	$148,574,083	−46.7%	1.35%
LLY	ELI LILLY & Co Healthcare	Added	116,226	+3,646	$106,901,185	−11.6%	0.97%
XOM	Exxon Mobil Corp Energy	Added	584,545	+78,576	$99,173,902	+62.9%	0.90%
NFLX	Netflix Inc Communication Services	Added	945,230	+110,610	$90,883,863	+16.1%	0.83%
CAT	Caterpillar Inc Industrials	Added	120,995	+17,254	$85,720,115	+44.2%	0.78%
KO	Coca Cola Co Consumer Defensive	Added	1,058,035	+329,600	$80,463,560	+58.0%	0.73%
C	Citigroup Inc Financial Services	Added	677,198	+31,043	$76,801,023	+1.9%	0.70%
WMT	Walmart Inc. Consumer Defensive	Reduced	595,563	-217,143	$74,016,569	−18.3%	0.67%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	197,129	-239,329	$73,282,705	−62.7%	0.67%
V	Visa Inc. Financial Services	Reduced	238,879	-28,186	$72,198,786	−22.9%	0.66%
STLA	Stellantis N.V. Consumer Cyclical	Reduced	9,722,932	-9,323,228	$68,935,587	−66.8%	0.63%
MS	Morgan Stanley Financial Services	Added	417,740	+979	$68,747,470	−7.1%	0.62%
MU	Micron Technology Inc Technology	Reduced	203,010	-26,923	$68,584,897	+4.5%	0.62%
MA	Mastercard Inc Financial Services	Reduced	115,814	-4,894	$57,867,621	−16.0%	0.53%
LRCX	Lam Research Corp Technology	Reduced	265,218	-34,417	$56,666,476	+10.5%	0.51%
CVX	Chevron Corp Energy	Added	271,279	+19,646	$56,127,624	+46.4%	0.51%
BAC	Bank Of America Corp /De/ Financial Services	Added	1,101,475	+58,233	$53,696,905	−6.4%	0.49%
ISRG	Intuitive Surgical Inc Healthcare	Added	108,393	+5,060	$49,968,087	−14.6%	0.45%
BMY	Bristol Myers Squibb Co Healthcare	Reduced	807,784	-16,278	$48,992,098	+10.2%	0.44%
COTY	Coty Inc. Consumer Defensive	Held	23,112,758	0	$46,456,643	−34.7%	0.42%
ORCL	Oracle Corp Technology	Reduced	302,380	-62,843	$44,483,119	−37.5%	0.40%
VRTX	Vertex Pharmaceuticals Inc / Ma Healthcare	Added	99,388	+1,361	$44,380,717	−0.1%	0.40%
TMO	Thermo Fisher Scientific Inc. Healthcare	Reduced	89,937	-4,779	$44,206,732	−19.5%	0.40%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	90,295	+7,389	$43,269,361	+3.8%	0.39%
PFE	Pfizer Inc Healthcare	Reduced	1,469,265	-192,707	$41,256,959	−0.3%	0.37%
GILD	Gilead Sciences, Inc. Healthcare	Added	276,035	+14,191	$38,470,996	+19.7%	0.35%
GS	Goldman Sachs Group Inc Financial Services	Reduced	44,559	-4,758	$37,696,468	−13.0%	0.34%
WM	Waste Management Inc Industrials	Reduced	158,808	-3,479	$36,492,490	+2.3%	0.33%
MDLZ	Mondelez International, Inc. Consumer Defensive	Added	630,338	+572,886	$36,332,680	+1074.8%	0.33%
UBER	Uber Technologies, Inc Technology	Added	503,900	+35,478	$36,245,526	−5.3%	0.33%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Reduced	144,547	-32,993	$36,123,740	−4.7%	0.33%
GE	General Electric Co Industrials	Reduced	126,613	-32,207	$35,928,969	−26.6%	0.33%
ANET	Arista Networks, Inc. Technology	Added	285,670	+205,998	$35,074,562	+236.0%	0.32%
ADI	Analog Devices Inc Technology	Reduced	109,660	-15,864	$34,887,232	+2.5%	0.32%
MRVL	Marvell Technology, Inc. Technology	Reduced	350,526	-78,346	$34,719,599	−4.7%	0.32%
WELL	Welltower Inc. Real Estate	Added	173,789	+8,399	$34,359,823	+11.9%	0.31%
PG	PROCTER & GAMBLE Co Consumer Defensive	Reduced	233,835	-23,965	$33,775,125	−8.6%	0.31%