1y return+9.2%S&P 500 +20.9%
3y return+24.5%S&P 500 +68.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since March 31, 2022: $114 against $165 in the S&P 500.2
Banco Santander, S.A.S&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BSBRBanco Santander Brasil S A | $2.7B | 17.0% | |
| MSFTMicrosoft Corp | $932.6M | 5.8% | +36.1% |
| NVDANvidia Corporation | $918.8M | 5.7% | +74.2% |
| Ferrovial NvCUSIP N3168P101 | $673.3M | 4.2% | +12.5% |
| AAPLApple Inc | $669.5M | 4.2% | +65.0% |
| MUMicron Technology Inc | $465.7M | 2.9% | +98.7% |
| AMZNAmazon Com Inc | $453.9M | 2.8% | +35.7% |
| METAMeta Platforms Inc | $384.5M | 2.4% | +121.3% |
| Totalenergies SeCUSIP F92124100 | $378.8M | 2.4% | +15.3% |
| GOOGLAlphabet Inc | $374.2M | 2.3% | +45.8% |
| AVGOBroadcom Inc | $308.4M | 1.9% | +70.1% |
| GOOGAlphabet Inc | $220.9M | 1.4% | +12.7% |
| GLDSpdr Gold Tr | $219.5M | 1.4% | +16.9% |
| JPMJpmorgan Chase & Co | $215.4M | 1.3% | +25.7% |
| Ferrari N VCUSIP N3167Y103 | $171.6M | 1.1% | −16.0% |
| SPYState Str Spdr S&p 500 Etf T | $157.2M | 1.0% | −10.6% |
| LLYEli Lilly & Co | $143.8M | 0.9% | +3.1% |
| CATCaterpillar Inc | $142.4M | 0.9% | +10.5% |
| VOOVanguard Index Fds | $139.4M | 0.9% | −3.2% |
| Deutsche Bk AgCUSIP D18190898 | $137.1M | 0.9% | +674.4% |
| QQQMInvesco Exch Traded Fd Tr II | $135.2M | 0.8% | +11.0% |
| AMATApplied Matls Inc | $134.0M | 0.8% | +238.9% |
| CCitigroup Inc | $128.5M | 0.8% | +35.6% |
| MRVLMarvell Technology Inc | $126.6M | 0.8% | +21.3% |
| AMDAdvanced Micro Devices Inc | $118.5M | 0.7% | +62.5% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $918.8M |
| WDCWestern Digital Corp | March 31, 2025 | +1479.8% | $73.6M |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $308.4M |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $134.0M |
| CATCaterpillar Inc | June 30, 2020 | +741.8% | $142.4M |
| LLYEli Lilly & Co | June 30, 2020 | +630.6% | $143.8M |
| AMDAdvanced Micro Devices Inc | September 30, 2020 | +608.5% | $118.5M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $97.8M |
| GSGoldman Sachs Group Inc | June 30, 2020 | +411.8% | $78.5M |
| GOOGLAlphabet Inc | June 30, 2020 | +404.0% | $374.2M |
Sold off last quarter
- DNUTKrispy Kreme Inc was $23.4M
- Honeywell Intl IncCUSIP 438516106 was $14.9M
- TROWPrice T Rowe Group Inc was $14.0M
- HASHasbro Inc was $2.6M
- PAMPampa Energia Sa was $1.8M
- TIMBTim S A was $1.8M
- Jazz Pharmaceuticals PLCCUSIP G50871105 was $1.7M
- CORCencora Inc was $1.5M
- ARGXArgenx Se was $1.3M
- ONCBeone Medicines Ltd was $1.3M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +3.8% | +14.8% |
| March 31, 2026 | −4.3% | −4.6% |
| December 31, 2025 | +4.2% | +2.4% |
| September 30, 2025 | +5.4% | +7.8% |
| June 30, 2025 | +14.2% | +10.5% |
| March 31, 2025 | +1.7% | −4.6% |
| December 31, 2024 | −8.1% | +2.1% |
| September 30, 2024 | +5.2% | +5.4% |
| June 30, 2024 | −4.0% | +4.0% |
| March 31, 2024 | +0.8% | +10.0% |
| December 31, 2023 | +17.6% | +11.2% |
| September 30, 2023 | −10.9% | −3.6% |
| June 30, 2023 | +9.2% | +8.3% |
| March 31, 2023 | +5.8% | +7.0% |
| December 31, 2022 | −1.4% | +7.1% |
| September 30, 2022 | −0.5% | −5.3% |
| June 30, 2022 | −19.3% | −16.5% |
| December 31, 2021 | −2.1% | +10.7% |
| September 30, 2021 | +1.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Banco Santander, S.A. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=891478&type=13F-HR&dateb=&owner=include&count=40CIK 891478
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/891478/000089147826000080/Filed July 29, 2026 · accession 0000891478-26-000080