ING Group’s SAP SAP Stock Holding History

ING Group’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	-251,166	Closed	-$18.6M	–	758
2013 Q3	$18.6M	Sell	251,166 -111,503	-31%	-$8.24M	0.09%	216
2013 Q2	$26.4M	Buy	+362,669	New	+$28.2M	0.14%	166

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

ING Group's SAP Position: Q4 2013 in Review

ING Group sold out of SAP (SAP) in Q4 2013, closing a stake of 251,166 shares — an estimated $18.6M sold.

ING Group first reported a position in SAP in Q2 2013 and held it in 2 quarters. The position peaked at $26.4M in Q2 2013. 295 funds tracked by Wall St. Rank hold SAP as of Q4 2013.

ING Group reported no remaining SAP position as of Q4 2013 after selling out during the quarter.
ING Group sold 251,166 SAP shares in Q4 2013, an estimated $18.6M.
ING Group first reported a position in SAP in Q2 2013 and held it in 2 quarters.
ING Group's SAP position peaked at $26.4M in Q2 2013.
295 funds tracked by Wall St. Rank held SAP as of Q4 2013.

Based on ING Group's 13F filing for Q4 2013, filed 14 Feb 2014.