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Blackrock raises stake in Banco Sabadell to over 6.70%

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banco sabadell palmeras

Posted By: The Corner 26th May 2025

Link Securities | National Securities Market Commission (CNMV) filings unveiled a new increase in US fund manager BlackRock’s stake in Banco Sabadell, Expansión newspaper reported. The latest purchases uncovered by the regulator have raised its weight in the bank’s capital to over 6.70%. In its previous notification, issued yesterday, the world’s largest asset manager had reported a 6.688% stake. According to CNMV records, the current 6.701% represents its highest stake since 23 July 2024, when it reached 6.706%. Throughout this period, BlackRock has always remained above the 6% barrier in Sabadell’s capital. Its lowest percentage dates back to last February, when it reported 6.213%.

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The Corner
The Corner has a team of on-the-ground reporters in capital cities ranging from New York to Beijing. Their stories are edited by the teams at the Spanish magazine Consejeros (for members of companies’ boards of directors) and at the stock market news site Consenso Del Mercado (market consensus). They have worked in economics and communication for over 25 years.