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 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	$84.1M	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 $295B AUM 31.6% 1-Year Est. Return

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

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

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

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

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

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

WPL

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

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

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

Thornburg Investment Management's SAP Position: Q1 2026 in Review

Thornburg Investment Management increased its SAP (SAP) stake by 428% in Q1 2026, buying an estimated $17M and bringing the position to 101,507 shares worth $17.4M. The position accounts for 0.18% of the portfolio, ranked #56.

Thornburg Investment Management first reported a position in SAP in Q2 2013 and has held it in 29 quarters since. The position peaked at $130M in Q2 2013. 840 funds tracked by Wall St. Rank hold SAP as of Q1 2026.

Thornburg Investment Management held 101,507 shares of SAP worth $17.4M as of Q1 2026.
Thornburg Investment Management bought 82,269 SAP shares in Q1 2026, an estimated $17M.
SAP made up 0.18% of Thornburg Investment Management's portfolio in Q1 2026, its #56 holding.
Thornburg Investment Management first reported a position in SAP in Q2 2013 and has held it in 29 quarters since.
Thornburg Investment Management's SAP position peaked at $130M in Q2 2013.
840 funds tracked by Wall St. Rank held SAP as of Q1 2026.

Based on Thornburg Investment Management's 13F filing for Q1 2026, filed 12 May 2026.