Banco Bilbao Vizcaya Argentaria Raises Stake in Boston Scientific

Spanish banking group increases its holdings in the medical device company

Mar. 16, 2026 at 8:19am

Banco Bilbao Vizcaya Argentaria S.A. (BBVA), a major Spanish banking group, has increased its stake in Boston Scientific Corporation (NYSE:BSX) by 194.2% during the third quarter, according to the company's recent 13F filing with the U.S. Securities and Exchange Commission. BBVA now owns 104,785 shares of the medical equipment provider's stock, valued at $10,225,000 as of the most recent filing.

Why it matters

This move by BBVA, one of the largest banks in Europe, signals increased confidence in Boston Scientific's growth prospects and the medical device industry as a whole. As a major institutional investor, BBVA's increased stake could influence other investors and impact the stock price.

The details

According to the 13F filing, BBVA purchased an additional 69,174 shares of Boston Scientific during the third quarter, bringing its total holdings to 104,785 shares. This represents a 194.2% increase in BBVA's position in the company. Boston Scientific is a leading global medical device manufacturer focused on less-invasive procedures across a range of medical specialties.

  • BBVA increased its stake in Boston Scientific during the third quarter of the year.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish banking group and one of the largest financial institutions in Europe.

Boston Scientific Corporation

A global medical device company that develops, manufactures, and markets a broad portfolio of products used in less-invasive medical procedures.

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The takeaway

BBVA's increased stake in Boston Scientific reflects the bank's confidence in the medical device company's growth potential and the broader trends in the industry. This move could signal increased institutional interest and potentially impact Boston Scientific's stock price going forward.