SAP
SAP
298 hedge funds and large institutions have $3.52B invested in SAP in 2014 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 114 increasing their positions, 91 reducing their positions, and 38 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 91
18% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 38
1% more funds holding
Funds holding: 295 → 298 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.21% less ownership
Funds ownership: 3.73% → 3.52% (-0.21%)
12% less capital invested
Capital invested by funds: $3.99B → $3.52B (-$475M)
28% less call options, than puts
Call options by funds: $397M | Put options by funds: $550M
Top Buyers
| 1 |
Renaissance Technologies
New York
|
+$34.2M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
+$26.2M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$22.3M |
| 4 |
KFC
Klingenstein Fields & Co
New York
|
+$19.3M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$18.1M |
Top Sellers
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$91.6M |
| 2 |
Morgan Stanley
New York
|
-$88.1M |
| 3 |
Goldman Sachs
New York
|
-$68.4M |
| 4 |
WEC
White Elm Capital
Greenwich,
Connecticut
|
-$50.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$28.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
326
Advisory Services Network
Atlanta,
Georgia
| – | -$21K | -236 | Closed |
|
327
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$20K | -233 | Closed |
|
|
DCP
328
DSM Capital Partners
Palm Beach Gardens,
Florida
| – | -$21K | -230 | Closed |
|
|
MWP
329
MYCIO Wealth Partners
Philadelphia,
Pennsylvania
| – | -$14K | -158 | Closed |
|
|
WRM
330
Westport Resources Management
Westport,
Connecticut
| – | -$14K | -155 | Closed |
|
|
DSC
331
Duncker Streett & Co
St. Louis,
Missouri
| – | -$12K | -140 | Closed |
|
|
WCM
332
Windsor Capital Management
Phoenix,
Arizona
| – | -$8K | -95 | Closed |
|
|
EU
333
Emory University
Atlanta,
Georgia
| – | -$6K | -70 | Closed |
|
|
EWM
334
Elite Wealth Management
Kirkland,
Washington
| – | -$5K | -60 | Closed |
|
|
PMFA
335
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$2K | -21 | Closed |
|
|
HCC
336
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| – | -$1K | -15 | Closed |
|
SAP Hedge Fund Activity: Q1 2014 in Review
298 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2014, worth a combined $3.52B — down 12% from $3.99B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SAP positions and 38 closed out — a net gain of 7 holders — while 114 added to existing stakes and 91 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $34.2M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $91.6M sold.
- 298 institutional investors held SAP (SAP) as of Q1 2014, up from 295 in Q4 2013.
- Funds reported $3.52B of SAP stock for Q1 2014, down 12% quarter-over-quarter.
- 45 funds opened new SAP positions in Q1 2014 and 38 closed out, a net change of +7 holders.
- The largest SAP buyer in Q1 2014 was Renaissance Technologies, an estimated $34.2M added.
- The largest SAP seller in Q1 2014 was Waddell & Reed Financial, an estimated $91.6M sold.
Based on aggregated 13F filings for Q1 2014.