Arete Wealth Advisors’s SAP SAP Stock Holding History

Arete Wealth Advisors’s Portfolio SAP Stock Details SAP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,275	Closed	-$341K	–	678
2025 Q3	$341K	Sell	1,275 -59	-4%	-$16.6K	0.02%	549
2025 Q2	$406K	Sell	1,334 -145	-10%	-$41.6K	0.03%	478
2025 Q1	$397K	Sell	1,479 -714	-33%	-$194K	0.03%	453
2024 Q4	$541K	Buy	2,193 +137	+7%	+$32.6K	0.04%	392
2024 Q3	$469K	Sell	2,056 -1,371	-40%	-$291K	0.04%	392
2024 Q2	$691K	Buy	+3,427	New	+$647K	0.06%	317
2024 Q1	–	Sell	-3,491	Closed	-$540K	–	660
2023 Q4	$540K	Buy	3,491 +110	+3%	+$15.9K	0.04%	383
2023 Q3	$437K	Buy	+3,381	New	+$460K	0.08%	260

Other funds holding SAP

Fisher Asset Management Camas, Washington $336B AUM 34.66% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Eagle Capital Management (New York) New York $32.7B AUM 17.15% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

WPL

WINDACRE PARTNERSHIP LLC Houston, Texas $10.1B AUM 10.46% 1-Year Est. Return

D.E. Shaw & Co New York $210B AUM 57.28% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

Arete Wealth Advisors's SAP Position: Q4 2025 in Review

Arete Wealth Advisors sold out of SAP (SAP) in Q4 2025, closing a stake of 1,275 shares — an estimated $341K sold.

Arete Wealth Advisors first reported a position in SAP in Q3 2023 and held it in 8 quarters. The position peaked at $691K in Q2 2024. 929 funds tracked by Wall St. Rank hold SAP as of Q4 2025.

Arete Wealth Advisors reported no remaining SAP position as of Q4 2025 after selling out during the quarter.
Arete Wealth Advisors sold 1,275 SAP shares in Q4 2025, an estimated $341K.
Arete Wealth Advisors first reported a position in SAP in Q3 2023 and held it in 8 quarters.
Arete Wealth Advisors's SAP position peaked at $691K in Q2 2024.
929 funds tracked by Wall St. Rank held SAP as of Q4 2025.

Based on Arete Wealth Advisors's 13F filing for Q4 2025, filed 13 Feb 2026.