Noesis Capital Mangement’s Banco Santander SAN Stock Holding History

Noesis Capital Mangement’s Portfolio SAN Stock Details SAN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q3	–	Sell	-40,000	Closed	-$332K	–	132
2025 Q2	$332K	Hold	40,000	–	–	0.06%	88
2025 Q1	$268K	Sell	40,000 -60,000	-60%	-$351K	0.05%	102
2024 Q4	$456K	Sell	100,000 -15,000	-13%	-$72.1K	0.09%	69
2024 Q3	$587K	Hold	115,000	–	–	0.12%	65
2024 Q2	$532K	Hold	115,000	–	–	0.12%	64
2024 Q1	$557K	Hold	115,000	–	–	0.12%	62
2023 Q4	$476K	Hold	115,000	–	–	0.11%	67
2023 Q3	$432K	Hold	115,000	–	–	0.11%	68
2023 Q2	$427K	Hold	115,000	–	–	0.11%	71
2023 Q1	$424K	Hold	115,000	–	–	0.11%	65
2022 Q4	$339K	Hold	115,000	–	–	0.1%	73
2022 Q3	$267K	Hold	115,000	–	–	0.08%	79
2022 Q2	$322K	Hold	115,000	–	–	0.1%	76
2022 Q1	$389K	Hold	115,000	–	–	0.09%	70
2021 Q4	$378K	Hold	115,000	–	–	0.08%	82
2021 Q3	$416K	Hold	115,000	–	–	0.08%	75
2021 Q2	$412K	Sell	115,000 -3,826	-3%	-$14.8K	0.08%	71
2021 Q1	$408K	Sell	118,826 -3,782	-3%	-$12.8K	0.09%	71
2020 Q4	$374K	Sell	122,608 -2,088	-2%	-$5.29K	0.09%	69
2020 Q3	$221K	Sell	124,696 -521	-0.4%	-$1.12K	0.06%	96
2020 Q2	$289K	Hold	125,217	–	–	0.09%	81
2020 Q1	$282K	Sell	125,217 -8,788	-7%	-$30.1K	0.1%	76
2019 Q4	$532K	Buy	+134,005	New	+$520K	0.15%	63

Other funds holding SAN

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

MIP

Mondrian Investment Partners London, United Kingdom $6.48B AUM 18.36% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Chevy Chase Trust Bethesda, Maryland $34.7B AUM 29.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

Noesis Capital Mangement's SAN Position: Q3 2025 in Review

Noesis Capital Mangement sold out of Banco Santander (SAN) in Q3 2025, closing a stake of 40,000 shares — an estimated $332K sold.

Noesis Capital Mangement first reported a position in SAN in Q4 2019 and held it in 23 quarters. The position peaked at $587K in Q3 2024. 519 funds tracked by Wall St. Rank hold SAN as of Q3 2025.

Noesis Capital Mangement reported no remaining Banco Santander position as of Q3 2025 after selling out during the quarter.
Noesis Capital Mangement sold 40,000 Banco Santander shares in Q3 2025, an estimated $332K.
Noesis Capital Mangement first reported a position in Banco Santander in Q4 2019 and held it in 23 quarters.
Noesis Capital Mangement's Banco Santander position peaked at $587K in Q3 2024.
519 funds tracked by Wall St. Rank held Banco Santander as of Q3 2025.

Based on Noesis Capital Mangement's 13F filing for Q3 2025, filed 23 Oct 2025.