Telefónica, S.a. (TEF) Major Shareholders
Telefónica shareholders at a glance
The largest holder of Telefónica stock is Government of Spain, with 567.0 million shares (10.00% of the company) as of September 25, 2026. The 10 largest holders together own 32.6%.
In Q2 2026, 16 institutional holdings reports listed 412,000 shares worth $1.63 million.
Major holders as of September 25, 2026; quarterly totals from institutional holdings reports (latest Q2 2026).
Telefónica, S.a.
Shareholders Summary
2026Q2
Ownership by Type
Geographic Distribution
Largest Telefónica shareholders
| Holder | Shares | % of company | Value |
|---|---|---|---|
| Government of Spain | 567.0 million | 10.00% | – |
| Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona | 566.4 million | 9.99% | – |
| Saudi Telecom Company | 565.3 million | 9.97% | – |
| Bbva | 111.4 million | 1.97% | – |
| S.W. Mitchell Capital LLP | 9.8 million | 0.17% | – |
| Pacer Advisors, Inc. | 8.0 million | 0.14% | – |
| Sjunde Ap Fonden (Investment Management) | 5.3 million | 0.09% | – |
| DIVAS Asset Management AG | 5.2 million | 0.09% | – |
| Taunus Trust AG | 4.5 million | 0.08% | – |
| Caixabank Asset Management SGIIC SAU | 3.3 million | 0.06% | – |
As of September 25, 2026.
Telefónica institutional holdings by quarter
| Quarter | Reports | Shares | Value |
|---|---|---|---|
| Q2 2026 | 16 | 412,000 | $1.6M |
| Q1 2026 | 48 | 3.5 million | $14.9M |
| Q4 2025 | 249 | 58.3 million | $236.0M |
| Q3 2025 | 254 | 67.2 million | $341.0M |
| Q2 2025 | 255 | 67.9 million | $355.0M |
| Q1 2025 | 250 | 71.2 million | $332.0M |
| Q4 2024 | 249 | 71.7 million | $287.0M |
| Q3 2024 | 249 | 71.0 million | $354.0M |
Shares and value held by institutions that file quarterly holdings reports (options not included).
Questions and answers
Who owns the most Telefónica stock?
Government of Spain, with 10.00% of the company (as of September 25, 2026). Next: Fundación Bancaria Caixa d'Estalvis i Pensions de Barcelona (9.99%) and Saudi Telecom Company (9.97%).
How many institutions own Telefónica stock?
16 institutional holdings reports listed Telefónica shares in Q2 2026, 412,000 shares in all worth $1.63 million.
