Thornburg Investment Management’s SAP SAP Stock Holding History

Thornburg Investment Management’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 Q2	$18.3M	Buy	119,017 +17,510	+17%	+$2.99M	0.18%	57
2026 Q1	$17.4M	Buy	101,507 +82,269	+428%	+$17M	0.18%	56
2025 Q4	$4.67M	Buy	19,238 +1,899	+11%	+$484K	0.06%	129
2025 Q3	$4.63M	Sell	17,339 -7,421	-30%	-$2.09M	0.06%	130
2025 Q2	$7.53M	Sell	24,760 -6,559	-21%	-$1.88M	0.1%	105
2025 Q1	$8.41M	Sell	31,319 -8,339	-21%	-$2.27M	0.12%	100
2024 Q4	$9.76M	Buy	39,658 +4	+0%	+$952	0.13%	100
2024 Q3	$9.08M	Sell	39,654 -73	-0.2%	-$15.5K	0.12%	112
2024 Q2	$8.02M	Sell	39,727 -3,187	-7%	-$602K	0.11%	126
2024 Q1	$8.34M	Sell	42,914 -8,688	-17%	-$1.54M	0.12%	124
2023 Q4	$7.95M	Sell	51,602 -729	-1%	-$105K	0.11%	118
2023 Q3	$6.77M	Buy	+52,331	New	+$7.12M	0.11%	120
2020 Q4	–	Sell	-73,203	Closed	-$11.4M	–	235
2020 Q3	$11.4M	Sell	73,203 -1,963	-3%	-$312K	0.15%	96
2020 Q2	$10.5M	Sell	75,166 -6,089	-7%	-$750K	0.14%	101
2020 Q1	$8.98M	Sell	81,255 -11,754	-13%	-$1.48M	0.13%	102
2019 Q4	$12.5M	Sell	93,009 -34,615	-27%	-$4.55M	0.12%	109
2019 Q3	$15M	Sell	127,624 -12,981	-9%	-$1.61M	0.15%	99
2019 Q2	$19.2M	Sell	140,605 -34,899	-20%	-$4.34M	0.18%	89
2019 Q1	$20.3M	Sell	175,504 -1,262	-0.7%	-$134K	0.2%	87
2018 Q4	$17.6M	Sell	176,766 -76,245	-30%	-$8.11M	0.17%	92
2018 Q3	$31.1M	Sell	253,011 -68,546	-21%	-$8.13M	0.26%	76
2018 Q2	$37.2M	Sell	321,557 -9,482	-3%	-$1.07M	0.28%	70
2018 Q1	$34.8M	Buy	331,039 +190	+0.1%	+$20.5K	0.26%	86
2017 Q4	$37.2M	Buy	330,849 +44,141	+15%	+$4.99M	0.26%	85
2017 Q3	$31.4M	Buy	286,708 +104,216	+57%	+$11.1M	0.22%	96
2017 Q2	$19.1M	Buy	+182,492	New	+$18.8M	0.15%	129
2014 Q2	–	Sell	-1,177,489	Closed	-$95.7M	–	335
2014 Q1	$95.7M	Buy	1,177,489 +330,345	+39%	+$26.2M	0.38%	86
2013 Q4	$73.8M	Sell	847,144 -543,713	-39%	-$43.2M	0.28%	106
2013 Q3	$103M	Sell	1,390,857 -392,366	-22%	-$29M	0.41%	77
2013 Q2	$130M	Buy	+1,783,223	New	+$139M	0.59%	44

Other funds holding SAP

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

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

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

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

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

WPL

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

Hotchkis & Wiley Capital Management Los Angeles, California $34.3B AUM 22.63% 1-Year Est. Return

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

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

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

Thornburg Investment Management's SAP Position: Q2 2026 in Review

Thornburg Investment Management increased its SAP (SAP) stake by 17% in Q2 2026, buying an estimated $2.99M and bringing the position to 119,017 shares worth $18.3M. The position accounts for 0.18% of the portfolio, ranked #57.

Thornburg Investment Management first reported a position in SAP in Q2 2013 and has held it in 30 quarters since. The position peaked at $130M in Q2 2013. 816 funds tracked by Wall St. Rank hold SAP as of Q2 2026.

Thornburg Investment Management held 119,017 shares of SAP worth $18.3M as of Q2 2026.
Thornburg Investment Management bought 17,510 SAP shares in Q2 2026, an estimated $2.99M.
SAP made up 0.18% of Thornburg Investment Management's portfolio in Q2 2026, its #57 holding.
Thornburg Investment Management first reported a position in SAP in Q2 2013 and has held it in 30 quarters since.
Thornburg Investment Management's SAP position peaked at $130M in Q2 2013.
816 funds tracked by Wall St. Rank held SAP as of Q2 2026.

Based on Thornburg Investment Management's 13F filing for Q2 2026, filed 13 Aug 2026.