Banco Bilbao Vizcaya Argentaria Reduces Stake in United Rentals

The Spanish bank lowered its position in the construction equipment rental company by 23.7% in the third quarter.

Mar. 17, 2026 at 7:35am

Got story updates? Submit your updates here. ›

Banco Bilbao Vizcaya Argentaria S.A. (BBVA), a major Spanish bank, lowered its position in United Rentals, Inc. (NYSE:URI) by 23.7% in the third quarter, according to a recent 13F filing with the SEC. BBVA's holdings in United Rentals were worth $4.19 million at the end of the reporting period.

Why it matters

United Rentals is a leading equipment rental company serving the construction, industrial, and municipal sectors. The reduction in BBVA's stake could signal a shift in the bank's investment strategy or outlook on the construction industry.

The details

According to the 13F filing, BBVA sold 1,363 shares of United Rentals during the third quarter, leaving the bank with 4,389 shares. United Rentals is a major holding in BBVA's portfolio, though the bank has now reduced its position in the company.

  • BBVA lowered its stake in United Rentals during the third quarter of the year.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish bank that has reduced its position in United Rentals, Inc.

United Rentals, Inc.

A leading equipment rental company serving the construction, industrial, and municipal sectors.

Got photos? Submit your photos here. ›

The takeaway

The reduction in BBVA's stake in United Rentals could signal a shift in the bank's investment strategy or outlook on the construction industry, though the reasons behind the move are not entirely clear from the available information.