FCM Investments’s SAP SAP Stock Holding History

FCM Investments’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
2013 Q4	–	Sell	-28,700	Closed	-$2.12M	–	116
2013 Q3	$2.12M	Hold	28,700	–	–	0.85%	20
2013 Q2	$2.09M	Buy	+28,700	New	+$2.23M	0.93%	19

Other funds holding SAP

Harding Loevner Bridgewater, New Jersey $9.72B AUM 22.38% 1-Year Est. Return

Fisher Asset Management Camas, Washington $295B AUM 31.6% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

SGA

Sustainable Growth Advisers Stamford, Connecticut $10.6B AUM 2.6% 1-Year Est. Return

Scout Investments Kansas City, Missouri $3.8B AUM 45.91% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

Neuberger Berman Group New York $131B AUM 28.36% 1-Year Est. Return

FAM

Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

FCM Investments's SAP Position: Q4 2013 in Review

FCM Investments sold out of SAP (SAP) in Q4 2013, closing a stake of 28,700 shares — an estimated $2.12M sold.

FCM Investments first reported a position in SAP in Q2 2013 and held it in 2 quarters. The position peaked at $2.12M in Q3 2013. 295 funds tracked by Wall St. Rank hold SAP as of Q4 2013.

FCM Investments reported no remaining SAP position as of Q4 2013 after selling out during the quarter.
FCM Investments sold 28,700 SAP shares in Q4 2013, an estimated $2.12M.
FCM Investments first reported a position in SAP in Q2 2013 and held it in 2 quarters.
FCM Investments's SAP position peaked at $2.12M in Q3 2013.
295 funds tracked by Wall St. Rank held SAP as of Q4 2013.

Based on FCM Investments's 13F filing for Q4 2013, filed 23 Jan 2014.