Business · Markets · 4 hrs ago
Spanish DEGIRO investors favor US technology stocks
US technology stocks lead Spanish DEGIRO clients’ choices, with Nvidia, Alphabet, Microsoft, Meta and Tesla the five most-held shares on the platform.
The figures cover 430,000 Spanish clients of the online broker, most of whom are under 40.
IAG and Santander are the top-ranked Spanish companies, in eighth and ninth place.
Younger clients favor international technology stocks, while interest in Spanish shares rises with age.
Exchange-traded funds make up 26% of clients’ assets, a smaller share than in the other major European markets listed.
DEGIRO also said the cash share of Spanish clients’ portfolios fell from 9.11% to 7.64% in a year, and that money had shifted into investments rather than being withdrawn after Spain called an election.
Nvidia, Alphabet, Microsoft, Meta and Tesla are the five stocks most held by DEGIRO’s 430,000 Spanish customers.
The platform’s Spanish customers are mostly under 40, and 73% are aged between 23 and 49.
Spanish stocks IAG and Santander rank eighth and ninth among the most traded shares among Spanish customers.
Spanish investors allocate 26% of their assets in custody to ETFs, the lowest share among major European countries cited.
DEGIRO reported that cash in Spanish customers’ portfolios fell from 9.11% to 7.64% in a year.
- Who
- DEGIRO’s 430,000 Spanish customers.
- What
- They favor US technology stocks, with Nvidia, Alphabet, Microsoft, Meta and Tesla the five most invested-in stocks.
- When
- The report was published on 5 November 2026.
- Where
- Spain.
- Why
- Not stated
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- Spanish DEGIRO customers
- 430,000
- Top five stocks
- Nvidia, Alphabet, Microsoft, Meta and Tesla
- Spanish stocks in top 10
- IAG (8th) and Santander (9th)
- Customers aged 23–49
- 73%
- Assets allocated to ETFs
- 26% of assets under custody
- Cash share in portfolios
- Fell from 9.11% to 7.64% in a year
What people are saying
As age increases, the presence of Spanish stocks increases.
They have either held their cash or rotated it and used the cash to buy. Investment by young people in US technology companies such as Netflix, Reddit, Alphabet and SpaceX has increased. Money has also flowed into Bankinter, Santander and BBVA.