Banco Santander, S.A.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), Banco Santander, S.A. reported 447 stock positions worth $8.3 billion. Its top holding was Banco Santander Brasil-ADS (BSBR) at 24.5% of the portfolio, followed by Nvidia (NVDA, 3.7%) and Ferrovial (FER, 3.7%). Compared with Q3 2024, it opened 68 new positions, sold out of 64, added to 174 and reduced 176. The biggest buy was a new position in Ferrovial (FER) and the biggest sale Vanguard S&P 500 ETF (VOO, shares −59%).
- Most Recent 13F
- Q2 2026
- Location
- Madrid, U3
- CIK
- 0000891478
- Portfolio Value
- $8.3B (Q4 2024)
- SEC Filing
- 0000891478-25-000042 ↗ filed Feb 7, 2025
Holdings Value
Holdings 447 stocks · $8.3B
| BSBR Banco Santander Brasil-ADS | 24.47% | 520,218,168 | $2.0B | No change |
| NVDA Nvidia Corp. | 3.75% | 2,318,269 | $311.3M | Add +9.0% |
| FER Ferrovial NV | 3.73% | 7,383,202 | $310.3M | New |
| MSFT Microsoft Corp. | 3.41% | 672,666 | $283.5M | Add +1.6% |
| NRG NRG Energy Inc. | 3.07% | 2,828,000 | $255.1M | Add +0.3% |
| AAPL Apple Inc. | 3.01% | 997,484 | $249.8M | Reduce -0.9% |
| AMZN Amazon.com Inc. | 2.50% | 947,436 | $207.9M | Reduce -2.9% |
| RACE Ferrari NV | 2.12% | 414,720 | $176.2M | Add +4.2% |
| COTY Coty Inc. Class A | 1.94% | 23,112,758 | $160.9M | No change |
| GOOGL Alphabet Inc. Class A | 1.48% | 647,990 | $122.7M | Reduce -5.0% |
| SPY SS SPDR S&P 500 ETF Trust-US | 1.47% | 209,111 | $122.6M | Add +18.6% |
| META Meta Platforms Inc. Class A | 1.46% | 207,095 | $121.3M | Add +30.5% |
| QQQM Invesco Nasdaq 100 ETF | 1.26% | 497,000 | $104.6M | Add +3.1% |
| TSLA Tesla Inc. | 1.23% | 253,352 | $102.3M | Reduce -5.6% |
| STLA Stellantis NV | 1.14% | 7,258,025 | $94.7M | Add +282.2% |
| GOOG Alphabet Inc. Class C | 1.13% | 495,352 | $94.3M | Add +1.1% |
| RSP Invesco S&P 500 Equal Weight | 1.12% | 531,428 | $93.1M | Add +13.7% |
| JPM JPMorgan Chase & Co. | 0.99% | 341,985 | $82.0M | Add +2.1% |
| AGRO Adecoagro SA | 0.89% | 7,817,000 | $73.7M | New |
| DNUT Krispy Kreme Inc. | 0.83% | 6,916,972 | $68.7M | No change |
| AVGO Broadcom Inc. | 0.79% | 282,623 | $65.5M | Add +8.3% |
| V Visa Inc. Class A | 0.78% | 205,150 | $64.8M | Reduce -2.5% |
| NFLX Netflix Inc. | 0.77% | 71,614 | $63.8M | Add +18.3% |
| LLY Eli Lilly & Co. | 0.74% | 79,181 | $61.1M | Add +6.4% |
| MA Mastercard Inc. Class A | 0.73% | 114,531 | $60.3M | Add +47.5% |
| WMT Walmart Inc. | 0.67% | 614,390 | $55.5M | Add +0.2% |
| MRK Merck & Co. Inc. | 0.61% | 507,027 | $50.4M | Add +2.3% |
| HD Home Depot Inc. | 0.58% | 124,848 | $48.6M | Add +107.0% |
| EPC Edgewell Personal Care Co. | 0.57% | 1,421,633 | $47.8M | No change |
| GLD SPDR Gold Shares | 0.57% | 195,837 | $47.4M | Add +21.9% |
| COIN Coinbase Global Inc. Class A | 0.56% | 188,142 | $46.7M | Add +26.4% |
| CRM Salesforce Inc. | 0.56% | 139,212 | $46.5M | Reduce -13.9% |
| XOM Exxon Mobil Corp. | 0.53% | 411,091 | $44.2M | Reduce -3.0% |
| ADBE Adobe Inc. | 0.53% | 99,004 | $44.0M | Add +60.6% |
| C Citigroup Inc. | 0.52% | 615,857 | $43.4M | Add +130.2% |
| URTH iShares MSCI World ETF | 0.50% | 264,780 | $41.2M | Add +56.8% |
| TMO Thermo Fisher Scientific Inc. | 0.48% | 76,572 | $39.8M | Add +14.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.46% | 866,348 | $38.1M | Add +48.5% |
| MS Morgan Stanley | 0.44% | 288,172 | $36.2M | Add +217.1% |
| SNOW Snowflake Inc. | 0.42% | 228,277 | $35.2M | New |
| CAT Caterpillar Inc. | 0.42% | 96,819 | $35.1M | Add +5.6% |
| CME Cme Group Inc. | 0.41% | 146,296 | $34.0M | Add +33.2% |
| QCOM Qualcomm Inc. | 0.40% | 218,686 | $33.6M | Add +16.3% |
| NOW ServiceNow Inc. | 0.40% | 31,449 | $33.3M | Add +0.6% |
| UBER Uber Technologies Inc. | 0.39% | 540,899 | $32.6M | Add +109.5% |
| ICE Intercontinental Exchange Inc. | 0.37% | 204,193 | $30.4M | Add +38.0% |
| GS Goldman Sachs Group Inc. | 0.36% | 51,821 | $29.7M | Reduce -18.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.34% | 130,293 | $28.6M | Reduce -24.6% |
| SHV iShares 0-1 Year Treasury Bo | 0.34% | 254,324 | $28.0M | Add +11.9% |
| ISRG Intuitive Surgical Inc. | 0.33% | 52,768 | $27.5M | Reduce -3.6% |
| PFE Pfizer Inc. | 0.32% | 1,012,792 | $26.9M | Reduce -18.5% |
| KO The Coca-Cola Co. | 0.32% | 427,672 | $26.6M | Reduce -0.6% |
| PGR Progressive Corp. | 0.32% | 110,451 | $26.5M | Add +5.9% |
| VOO Vanguard S&P 500 ETF | 0.31% | 48,270 | $26.0M | Reduce -59.4% |
| AMAT Applied Materials Inc. | 0.31% | 159,216 | $25.9M | Add +39.5% |
| IEI iShares 3-7 Year Treasury Bo | 0.31% | 220,287 | $25.5M | Reduce -21.8% |
| BKNG Booking Holdings Inc. | 0.30% | 5,061 | $25.1M | Add +52.1% |
| PG The Procter & Gamble Co. | 0.30% | 149,230 | $25.0M | Reduce -12.4% |
| MSI Motorola Solutions Inc. | 0.29% | 52,810 | $24.4M | Add +4124.8% |
| DHI D.R. Horton Inc. | 0.29% | 174,568 | $24.4M | Add +19.5% |
| TMUS T-Mobile US Inc. | 0.29% | 109,906 | $24.3M | Reduce -0.2% |
| CMCSA Comcast Corp. Class A | 0.29% | 636,625 | $23.9M | Add +0.6% |
| WM Waste Management Inc. | 0.29% | 118,123 | $23.8M | Reduce -8.1% |
| ACWI iShares MSCI Acwi ETF | 0.28% | 199,842 | $23.5M | Reduce -0.8% |
| UNH Unitedhealth Group Inc. | 0.28% | 46,381 | $23.5M | Reduce -17.3% |
| SYK Stryker Corp. | 0.27% | 63,410 | $22.8M | Reduce -5.5% |
| KR Kroger Co. | 0.27% | 365,462 | $22.3M | No change |
| ITRI Itron Inc. | 0.26% | 198,000 | $21.5M | Add +3.9% |
| SPAB SS SPDR P Agg Bond ETF | 0.26% | 856,568 | $21.4M | Add +1.4% |
| IVV iShares Core S&P 500 ETF | 0.25% | 35,979 | $21.2M | Reduce -49.5% |
| BIL SS SPDR BB 1-3M T-Bill ETF | 0.25% | 222,787 | $20.4M | Reduce -15.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.23% | 48,184 | $19.4M | Add +203.7% |
| CTAS Cintas Corp. | 0.23% | 106,050 | $19.4M | Reduce -18.3% |
| ORCL Oracle Corp. | 0.23% | 115,857 | $19.3M | Add +6.7% |
| IEF iShares 7-10 Year Treasury B | 0.23% | 208,383 | $19.3M | Reduce -19.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.23% | 37,520 | $19.2M | Reduce -22.2% |
| MU Micron Technology Inc. | 0.23% | 225,671 | $19.0M | Add +37.3% |
| FOXA Fox Corp. Class A | 0.22% | 381,216 | $18.5M | Add +6.0% |
| CSCO Cisco Systems Inc. | 0.22% | 311,274 | $18.4M | Reduce -26.6% |
| MRSH Marsh & McLennan Cos | 0.22% | 86,622 | $18.4M | Add +6.5% |
| WAB Wabtec Corp. | 0.22% | 95,835 | $18.2M | Add +0.4% |
| FTNT Fortinet Inc. | 0.21% | 186,469 | $17.6M | Reduce -36.1% |
| SHW The Sherwin-Williams Co. | 0.21% | 50,725 | $17.2M | Add +0.5% |
| HCA HCA Healthcare Inc. | 0.20% | 55,629 | $16.7M | Reduce -5.8% |
| BRK.B Berkshire Hathaway Inc. Class B | 0.20% | 36,326 | $16.5M | Reduce -5.3% |
| KMB Kimberly-Clark Corp. | 0.19% | 123,312 | $16.2M | Reduce -14.2% |
| TRV The Travelers Cos Inc. | 0.19% | 66,689 | $16.1M | Add +2.3% |
| CVX Chevron Corp. | 0.18% | 105,622 | $15.3M | Reduce -12.1% |
| EIX Edison International | 0.18% | 191,235 | $15.3M | Reduce -18.5% |
| DXCM Dexcom Inc. | 0.18% | 191,959 | $14.9M | Add +1839.0% |
| EWJ iShares MSCI Japan ETF | 0.17% | 214,372 | $14.4M | Add +153.5% |
| BA The Boeing Co. | 0.17% | 79,674 | $14.1M | Add +1.5% |
| HAL Halliburton Co. | 0.17% | 509,296 | $13.8M | Add +13.1% |
| DB Deutsche Bank AG-Registered | 0.17% | 806,405 | $13.7M | Reduce -20.5% |
| LQD Ishr Ibx Usd Invgd CB ETF-Ui | 0.16% | 126,850 | $13.6M | Add +17.1% |
| ECL Ecolab Inc. | 0.16% | 57,561 | $13.5M | Reduce -3.5% |
| SPSM SS SPDR P S&P 600 Small Cap | 0.16% | 299,265 | $13.4M | Add +35.6% |
| CL Colgate-Palmolive Co. | 0.16% | 147,614 | $13.4M | Reduce -0.7% |
| SPEM State Street SP PTF Em ETF | 0.16% | 347,719 | $13.3M | Add +6.7% |
| PH Parker Hannifin Corp. | 0.16% | 20,940 | $13.3M | Add +44.6% |
Portfolio Sells Q3 2024 → Q4 2024
| VOO Vanguard S&P 500 ETF | Reduce -59.4% | 0.31% | −0.43 |
| IVV iShares Core S&P 500 ETF | Reduce -49.5% | 0.25% | −0.23 |
| AMGN Amgen Inc. | Reduce -95.6% | 0.01% | −0.22 |
| AXP American Express Co. | Reduce -96.0% | 0.01% | −0.22 |
| GM General Motors Co. | Reduce -98.5% | 0.00% | −0.19 |
| NKE Nike Inc. Class B | Reduce -55.8% | 0.12% | −0.19 |
| ILF iShares Latin America 40 ETF | Reduce -66.3% | 0.07% | −0.18 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.17 |
| BMY Bristol-Myers Squibb Co. | Reduce -62.0% | 0.12% | −0.17 |
| IVE iShares S&P 500 Value ETF | Reduce -68.8% | 0.07% | −0.16 |
| ROK Rockwell Automation Inc. | Sold out | 0.00% | −0.15 |
| IWM iShares Russell 2000 ETF | Reduce -56.2% | 0.12% | −0.14 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.12 |
| GILD Gilead Sciences Inc. | Reduce -48.3% | 0.16% | −0.11 |
| MO Altria Group Inc. | Reduce -97.5% | 0.00% | −0.11 |
| IBM Intl Business Machines Corp. | Reduce -24.6% | 0.34% | −0.11 |
| UNH Unitedhealth Group Inc. | Reduce -17.3% | 0.28% | −0.10 |
| MANH Manhattan Associates Inc. | Reduce -41.5% | 0.14% | −0.10 |
| PFE Pfizer Inc. | Reduce -18.5% | 0.32% | −0.10 |
| ELV Elevance Health Inc. | Reduce -14.2% | 0.16% | −0.10 |
| IEI iShares 3-7 Year Treasury Bo | Reduce -21.8% | 0.31% | −0.09 |
| VCIT Vanguard Int-Term Corporate | Reduce -35.6% | 0.15% | −0.09 |
| NOC Northrop Grumman Corp. | Sold out | 0.00% | −0.08 |
| EEMV iShares MSCI Emg MKT Min Vol | Reduce -78.6% | 0.02% | −0.08 |
| HCA HCA Healthcare Inc. | Reduce -5.8% | 0.20% | −0.08 |
| CTAS Cintas Corp. | Reduce -18.3% | 0.23% | −0.08 |
| XLK SS Technology Select Sector | Sold out | 0.00% | −0.08 |
| MDLZ Mondelez International Inc. Class A | Reduce -85.3% | 0.01% | −0.08 |
| VTIP Vanguard Short-Term Tips | Sold out | 0.00% | −0.08 |
| SNAP Snap Inc. Class A | Sold out | 0.00% | −0.07 |
| INCY Incyte Corp. | Sold out | 0.00% | −0.07 |
| WCC Wesco International Inc. | Sold out | 0.00% | −0.07 |
| F Ford Motor Co. | Reduce -65.2% | 0.03% | −0.07 |
| ROST Ross Stores Inc. | Reduce -82.3% | 0.02% | −0.07 |
| VT Vanguard Tot World STK ETF | Reduce -55.5% | 0.05% | −0.07 |
| IEF iShares 7-10 Year Treasury B | Reduce -19.1% | 0.23% | −0.07 |
| VGK Vanguard Ftse Europe ETF | Reduce -51.6% | 0.05% | −0.06 |
| CRWD CrowdStrike Holdings Inc. Class A | Reduce -76.7% | 0.03% | −0.06 |
| NDAQ Nasdaq Inc. | Reduce -41.3% | 0.10% | −0.06 |
| AES AES Corp. | Sold out | 0.00% | −0.06 |
| EIX Edison International | Reduce -18.5% | 0.18% | −0.06 |
| EXPD Expeditors Intl Wash Inc. | Reduce -22.6% | 0.11% | −0.06 |
| GMF State Street SPDR S&P Emergi | Reduce -36.9% | 0.09% | −0.06 |
| FTNT Fortinet Inc. | Reduce -36.1% | 0.21% | −0.06 |
| T AT&T Inc. | Reduce -84.3% | 0.01% | −0.05 |
| XOM Exxon Mobil Corp. | Reduce -3.0% | 0.53% | −0.05 |
| EPP iShares MSCI Pacific Ex Japa | Sold out | 0.00% | −0.05 |
| DOW Dow Inc. | Reduce -17.4% | 0.08% | −0.05 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.05 |
| PG The Procter & Gamble Co. | Reduce -12.4% | 0.30% | −0.05 |
Portfolio Buys Q3 2024 → Q4 2024
| FER Ferrovial NV | New | 3.73% | +3.73 |
| AGRO Adecoagro SA | New | 0.89% | +0.89 |
| STLA Stellantis NV | Add +282.2% | 1.14% | +0.83 |
| NVDA Nvidia Corp. | Add +9.0% | 3.75% | +0.70 |
| SNOW Snowflake Inc. | New | 0.42% | +0.42 |
| META Meta Platforms Inc. Class A | Add +30.5% | 1.46% | +0.39 |
| C Citigroup Inc. | Add +130.2% | 0.52% | +0.32 |
| MS Morgan Stanley | Add +217.1% | 0.44% | +0.32 |
| HD Home Depot Inc. | Add +107.0% | 0.58% | +0.30 |
| MSI Motorola Solutions Inc. | Add +4124.8% | 0.29% | +0.29 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +18.6% | 1.47% | +0.28 |
| MA Mastercard Inc. Class A | Add +47.5% | 0.73% | +0.27 |
| NFLX Netflix Inc. | Add +18.3% | 0.77% | +0.26 |
| AVGO Broadcom Inc. | Add +8.3% | 0.79% | +0.26 |
| COIN Coinbase Global Inc. Class A | Add +26.4% | 0.56% | +0.25 |
| BAC Bank of America Corp. | Add +48.5% | 0.46% | +0.19 |
| URTH iShares MSCI World ETF | Add +56.8% | 0.50% | +0.18 |
| DXCM Dexcom Inc. | Add +1839.0% | 0.18% | +0.17 |
| GOOG Alphabet Inc. Class C | Add +1.1% | 1.13% | +0.17 |
| UBER Uber Technologies Inc. | Add +109.5% | 0.39% | +0.16 |
| IJR iShares Core S&P Small-Cap E | New | 0.16% | +0.16 |
| JPM JPMorgan Chase & Co. | Add +2.1% | 0.99% | +0.15 |
| ADBE Adobe Inc. | Add +60.6% | 0.53% | +0.15 |
| SPG Simon Property Group Inc. | New | 0.15% | +0.15 |
| VRTX Vertex Pharmaceuticals Inc. | Add +203.7% | 0.23% | +0.15 |
| BKNG Booking Holdings Inc. | Add +52.1% | 0.30% | +0.14 |
| RSP Invesco S&P 500 Equal Weight | Add +13.7% | 1.12% | +0.13 |
| CME Cme Group Inc. | Add +33.2% | 0.41% | +0.12 |
| QQQM Invesco Nasdaq 100 ETF | Add +3.1% | 1.26% | +0.12 |
| GLD SPDR Gold Shares | Add +21.9% | 0.57% | +0.11 |
| EWJ iShares MSCI Japan ETF | Add +153.5% | 0.17% | +0.10 |
| MVBF MVB Financial Corp. | New | 0.09% | +0.09 |
| BIIB Biogen Inc. | New | 0.09% | +0.09 |
| ICE Intercontinental Exchange Inc. | Add +38.0% | 0.37% | +0.09 |
| WMT Walmart Inc. | Add +0.2% | 0.67% | +0.08 |
| TXRH Texas Roadhouse Inc. | New | 0.08% | +0.08 |
| PNW Pinnacle West Capital | New | 0.08% | +0.08 |
| NOW ServiceNow Inc. | Add +0.6% | 0.40% | +0.07 |
| RSPT Invesco S&P 500 Equal Weight | New | 0.06% | +0.06 |
| EEM iShares MSCI Emerging Market | Add +373.1% | 0.08% | +0.06 |
| IXG iShares Global Financials Et | New | 0.05% | +0.05 |
| MSFT Microsoft Corp. | Add +1.6% | 3.41% | +0.05 |
| PH Parker Hannifin Corp. | Add +44.6% | 0.16% | +0.05 |
| MTZ Mastec Inc. | New | 0.05% | +0.05 |
| EWZ iShares MSCI Brazil ETF | Add +203.7% | 0.08% | +0.05 |
| FOXA Fox Corp. Class A | Add +6.0% | 0.22% | +0.04 |
| SPSM SS SPDR P S&P 600 Small Cap | Add +35.6% | 0.16% | +0.04 |
| NRG NRG Energy Inc. | Add +0.3% | 3.07% | +0.04 |
| SHV iShares 0-1 Year Treasury Bo | Add +11.9% | 0.34% | +0.04 |
| AMAT Applied Materials Inc. | Add +39.5% | 0.31% | +0.04 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 509 | $16.1B | BSBR, MSFT, NVDA, FER, AAPL |
| Q1 2026 | 468 | $12.4B | BSBR, MSFT, FER, NVDA, TTE |
| Q4 2025 | 458 | $13.4B | BSBR, FER, NVDA, MSFT, AAPL |
| Q3 2025 | 470 | $11.3B | BSBR, NVDA, MSFT, AMZN, AAPL |
| Q2 2025Amended | 479 | $10.5B | BSBR, NVDA, MSFT, NRG, RACE |
| Q1 2025 | 476 | $9.1B | BSBR, FER, NVDA, MSFT, NRG |
| Q4 2024 | 447 | $8.3B | BSBR, NVDA, FER, MSFT, NRG |
| Q3 2024 | 443 | $8.5B | BSBR, MSFT, NVDA, NRG, AAPL |
| Q2 2024 | 402 | $8.1B | BSBR, MSFT, NVDA, COTY, NRG |
| Q1 2024 | 417 | $8.3B | BSBR, MSFT, RACE, COTY, NVDA |