Keystone Investors’s SAP SAP Stock Holding History

Keystone Investors’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	-23,449	Closed	-$6.27M	–	95
2025 Q3	$6.27M	Sell	23,449 -51,487	-69%	-$14.5M	0.72%	29
2025 Q2	$22.8M	Buy	74,936 +71,252	+1,934%	+$20.4M	4.7%	7
2025 Q1	$989K	Buy	3,684 +460	+14%	+$125K	0.14%	32
2024 Q4	$794K	Sell	3,224 -158,255	-98%	-$37.7M	0.06%	63
2024 Q3	$37M	Sell	161,479 -124,093	-43%	-$26.4M	2.71%	11
2024 Q2	$57.6M	Buy	285,572 +279,852	+4,893%	+$52.8M	4.85%	6
2024 Q1	$1.12M	Buy	+5,720	New	+$1.02M	0.1%	55

Other funds holding SAP

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

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Eagle Capital Management (New York) New York $29.8B AUM 12.13% 1-Year Est. Return

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

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

WPL

WINDACRE PARTNERSHIP LLC Houston, Texas $9.34B AUM 17.41% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

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

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Keystone Investors's SAP Position: Q4 2025 in Review

Keystone Investors sold out of SAP (SAP) in Q4 2025, closing a stake of 23,449 shares — an estimated $6.27M sold.

Keystone Investors first reported a position in SAP in Q1 2024 and held it in 7 quarters. The position peaked at $57.6M in Q2 2024. 928 funds tracked by Wall St. Rank hold SAP as of Q4 2025.

Keystone Investors reported no remaining SAP position as of Q4 2025 after selling out during the quarter.
Keystone Investors sold 23,449 SAP shares in Q4 2025, an estimated $6.27M.
Keystone Investors first reported a position in SAP in Q1 2024 and held it in 7 quarters.
Keystone Investors's SAP position peaked at $57.6M in Q2 2024.
928 funds tracked by Wall St. Rank held SAP as of Q4 2025.

Based on Keystone Investors's 13F filing for Q4 2025, filed 13 Feb 2026.