Banco Santander Cuts Stake in Intel Corporation

Institutional investor reduces holdings in chip maker by over 22%

Feb. 28, 2026 at 9:23am

Got story updates? Submit your updates here. ›

Banco Santander S.A., a major institutional investor, has reduced its stake in Intel Corporation (NASDAQ:INTC) by 22.2% in the third quarter, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 339,158 shares of the chip maker's stock, down from 436,145 shares previously.

Why it matters

Intel is one of the world's largest semiconductor companies, so changes in institutional ownership can signal broader market sentiment around the stock and the technology sector. Banco Santander's decision to trim its Intel position may reflect concerns about the company's performance or outlook among some investors.

The details

According to the 13F filing, Banco Santander sold 96,987 shares of Intel stock during the third quarter. The firm's remaining Intel holdings are valued at $11,379,000. The filing does not provide additional details on Banco Santander's rationale for reducing its stake in Intel.

  • Banco Santander filed the 13F report disclosing the stake reduction in the third quarter of 2026.

The players

Banco Santander S.A.

A major global financial services company headquartered in Spain that manages a large investment portfolio.

Intel Corporation

A leading American semiconductor company that designs and manufactures computer processors and other hardware components.

Got photos? Submit your photos here. ›

The takeaway

Banco Santander's decision to trim its Intel holdings could signal broader caution around the semiconductor industry among some institutional investors, though the specific reasons behind the move are unclear from the limited public information available.