Harding Loevner’s SAP SAP Stock Holding History

Harding Loevner’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
2026 Q1	$61.5M	Sell	359,225 -27,668	-7%	-$5.71M	0.63%	52
2025 Q4	$94M	Sell	386,893 -1,913,444	-83%	-$488M	0.83%	37
2025 Q3	$615M	Sell	2,300,337 -165,256	-7%	-$46.5M	4.51%	3
2025 Q2	$750M	Sell	2,465,593 -47,558	-2%	-$13.6M	5.04%	3
2025 Q1	$675M	Sell	2,513,151 -184,927	-7%	-$50.4M	5.17%	4
2024 Q4	$664M	Sell	2,698,078 -595,393	-18%	-$142M	4.49%	4
2024 Q3	$755M	Sell	3,293,471 -1,864,911	-36%	-$396M	4.35%	4
2024 Q2	$1.04B	Buy	5,158,382 +1,298,709	+34%	+$245M	5.74%	2
2024 Q1	$753M	Sell	3,859,673 -1,573,217	-29%	-$279M	4.65%	2
2023 Q4	$855M	Sell	5,432,890 -114,939	-2%	-$16.6M	4.8%	3
2023 Q3	$717M	Sell	5,547,829 -166,182	-3%	-$22.6M	4.74%	3
2023 Q2	$782M	Sell	5,714,011 -326,627	-5%	-$43.2M	4.56%	3
2023 Q1	$764M	Buy	6,040,638 +1,328	+0%	+$156K	4.35%	3
2022 Q4	$623M	Buy	6,039,310 +789,685	+15%	+$79.1M	3.59%	7
2022 Q3	$427M	Buy	5,249,625 +332,410	+7%	+$29.4M	2.8%	9
2022 Q2	$446M	Sell	4,917,215 -144,998	-3%	-$14.5M	2.75%	10
2022 Q1	$513M	Sell	5,062,213 -20,941	-0.4%	-$2.55M	2.82%	8
2021 Q4	$712M	Sell	5,083,154 -15,008	-0.3%	-$2.1M	2.73%	8
2021 Q3	$688M	Sell	5,098,162 -38,726	-0.8%	-$5.62M	2.75%	9
2021 Q2	$722M	Sell	5,136,888 -371,001	-7%	-$51.7M	2.71%	10
2021 Q1	$676M	Sell	5,507,889 -2,062,168	-27%	-$261M	2.65%	10
2020 Q4	$987M	Sell	7,570,057 -23,802	-0.3%	-$3.07M	4.08%	4
2020 Q3	$1.18B	Buy	7,593,859 +25,576	+0.3%	+$4.06M	4.27%	2
2020 Q2	$1.06B	Sell	7,568,283 -265,457	-3%	-$32.7M	5.07%	3
2020 Q1	$866M	Sell	7,833,740 -108,731	-1%	-$13.7M	4.83%	3
2019 Q4	$1.06B	Buy	7,942,471 +656	+0%	+$86.2K	4.73%	3
2019 Q3	$936M	Sell	7,941,815 -74,910	-0.9%	-$9.28M	4.41%	4
2019 Q2	$1.1B	Buy	8,016,725 +444,302	+6%	+$55.3M	5.04%	1
2019 Q1	$874M	Buy	7,572,423 +1,300,296	+21%	+$138M	4.11%	4
2018 Q4	$624M	Buy	6,272,127 +11,514	+0.2%	+$1.22M	3.61%	5
2018 Q3	$770M	Buy	6,260,613 +773,080	+14%	+$91.7M	4.02%	5
2018 Q2	$635M	Sell	5,487,533 -1,310,904	-19%	-$148M	3.57%	6
2018 Q1	$725M	Buy	6,798,437 +614,648	+10%	+$66.4M	3.77%	7
2017 Q4	$695M	Buy	6,183,789 +122,097	+2%	+$13.8M	3.95%	5
2017 Q3	$665M	Buy	6,061,692 +349,347	+6%	+$37.1M	3.78%	6
2017 Q2	$598M	Buy	5,712,345 +180,613	+3%	+$18.6M	3.66%	6
2017 Q1	$543M	Buy	5,531,732 +362,267	+7%	+$33.7M	3.54%	5
2016 Q4	$447M	Buy	5,169,465 +64,863	+1%	+$5.57M	3.12%	6
2016 Q3	$467M	Buy	5,104,602 +196,527	+4%	+$16.9M	3.37%	5
2016 Q2	$368M	Buy	4,908,075 +25,459	+0.5%	+$2M	2.88%	8
2016 Q1	$393M	Buy	4,882,616 +378,737	+8%	+$29.5M	3.1%	6
2015 Q4	$354M	Sell	4,503,879 -4,019	-0.1%	-$309K	2.87%	6
2015 Q3	$292M	Sell	4,507,898 -2,490,089	-36%	-$172M	2.35%	10
2015 Q2	$490M	Buy	6,997,987 +393,426	+6%	+$29.2M	3.44%	4
2015 Q1	$477M	Buy	6,604,561 +266,895	+4%	+$18.2M	3.64%	4
2014 Q4	$441M	Buy	6,337,666 +1,325,337	+26%	+$91M	3.55%	4
2014 Q3	$361M	Buy	5,012,329 +228,151	+5%	+$17.7M	2.67%	7
2014 Q2	$368M	Sell	4,784,178 -1,872,046	-28%	-$145M	2.75%	5
2014 Q1	$541M	Buy	6,656,224 +107,612	+2%	+$8.53M	4.12%	2
2013 Q4	$571M	Buy	6,548,612 +668,483	+11%	+$53.2M	4.41%	2
2013 Q3	$435M	Sell	5,880,129 -336,246	-5%	-$24.9M	3.87%	3
2013 Q2	$455M	Buy	+6,216,375	New	+$483M	4.41%	2