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705 hedge funds and large institutions have $12.6B invested in SAP in 2024 Q1 according to their latest regulatory filings, with 122 funds opening new positions, 227 increasing their positions, 258 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

130% more first-time investments, than exits

New positions opened: 122 | Existing positions closed: 53

88% more funds holding in top 10

Funds holding in top 10: 815 (+7)

18% more capital invested

Capital invested by funds: $10.7B → $12.6B (+$1.96B)

9% more funds holding

Funds holding: 644705 (+61)

0.34% less ownership

Funds ownership: 5.61%5.27% (-0.34%)

12% less repeat investments, than reductions

Existing positions increased: 227 | Existing positions reduced: 258

41% less call options, than puts

Call options by funds: $115M | Put options by funds: $193M

Holders
705
Holders Change
+61
Holders Change %
+9.47%
% of All Funds
10.16%
Holding in Top 10
15
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+87.5%
% of All Funds
0.22%
New
122
Increased
227
Reduced
258
Closed
53
Calls
$115M
Puts
$193M
Net Calls
-$78.3M
Net Calls Change
+$20.1M
Name Holding Trade Value Shares
Change
Change in
Stake
BWM
376
BKM Wealth Management
Wisconsin
$510K +$95.6K +538 +26%
AWM
377
Avior Wealth Management
Nebraska
$509K +$464K +2,611 New
AIM
378
Avity Investment Management
Connecticut
$503K -$25.8K -145 -5%
HSA
379
HBK Sorce Advisory
Pennsylvania
$503K +$1.95K +11 +0.4%
BBVA
380
Banco Bilbao Vizcaya Argentaria
Spain
$497K +$197K +1,111 +77%
CB
381
Commerce Bank
Missouri
$492K -$528K -2,971 -54%
PWM
382
Perigon Wealth Management
California
$492K +$79.9K +450 +22%
TPCW
383
TD Private Client Wealth
New York
$491K -$293K -1,647 -40%
PF
384
Phoenix Financial
Israel
$488K -$39.1K -220 -8%
AIA
385
Angeles Investment Advisors
California
$483K +$12.3K +69 +3%
ATIA
386
American Trust Investment Advisors
New Hampshire
$478K
HWM
387
HB Wealth Management
Georgia
$474K +$140K +787 +48%
HC
388
Hara Capital
Washington
$472K -$26.6K -150 -6%
GFP
389
Gryphon Financial Partners
Ohio
$468K +$426K +2,399 New
PI
390
PFG Investments
New York
$461K +$25.2K +142 +6%
BG
391
Bahl & Gaynor
Ohio
$460K -$123K -693 -23%
VFA
392
Valeo Financial Advisors
Indiana
$460K +$2.67K +15 +0.6%
CNBT
393
Canandaigua National Bank & Trust
New York
$458K +$417K +2,348 New
OL
394
Optas LLC
Texas
$457K +$29K +163 +7%
STA
395
Summit Trail Advisors
New York
$450K +$39.1K +220 +11%
CWM
396
Circle Wealth Management
New Jersey
$449K
CIBC Private Wealth Group
397
CIBC Private Wealth Group
Georgia
$447K -$321K -1,809 -44%
PHIC
398
Pine Haven Investment Counsel
Massachusetts
$446K -$9.77K -55 -2%
APWM
399
Argonautica Private Wealth Management
Massachusetts
$445K -$40.5K -228 -9%
HNB
400
Huntington National Bank
Ohio
$442K -$36.1K -203 -8%

SAP Hedge Fund Activity: Q1 2024 in Review

705 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2024, worth a combined $12.6B — up 18% from $10.7B a quarter earlier.

Buyers outnumbered sellers: 122 funds opened new SAP positions and 53 closed out — a net gain of 69 holders — while 227 added to existing stakes and 258 trimmed.

The largest buyer was Groupama Asset Management, opening a new position worth an estimated $114M. The largest seller was Morgan Stanley, cutting an estimated $496M.

  • 705 institutional investors held SAP (SAP) as of Q1 2024, up from 644 in Q4 2023.
  • Funds reported $12.6B of SAP stock for Q1 2024, up 18% quarter-over-quarter.
  • 122 funds opened new SAP positions in Q1 2024 and 53 closed out, a net change of +69 holders.
  • The largest SAP buyer in Q1 2024 was Groupama Asset Management, an estimated $114M added.
  • The largest SAP seller in Q1 2024 was Morgan Stanley, an estimated $496M sold.

Based on aggregated 13F filings for Q1 2024.