SAP
SAP
402 hedge funds and large institutions have $12.8B invested in SAP in 2017 Q4 according to their latest regulatory filings, with 74 funds opening new positions, 135 increasing their positions, 104 reducing their positions, and 28 closing their positions.
164% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 28
152% more capital invested
Capital invested by funds: $5.08B → $12.8B (+$7.73B)
30% more repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 104
12% more funds holding
Funds holding: 358 → 402 (+44)
6.62% more ownership
Funds ownership: 3.77% → 10.38% (+6.6%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
31% less call options, than puts
Call options by funds: $11.9M | Put options by funds: $17.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$103M |
| 2 |
Morgan Stanley
New York
|
+$54.8M |
| 3 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$30M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$28.5M |
| 5 |
CGT
Capital Guardian Trust
Los Angeles,
California
|
+$21.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$101M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$66.2M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$24M |
| 4 |
State Street
Boston,
Massachusetts
|
-$23M |
| 5 |
CBT
Capital Bank & Trust
Irvine,
California
|
-$20.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIC
426
Northwest Investment Counselors
Lake Oswego,
Oregon
| – | -$9K | -79 | Closed |
|
|
CPIG
427
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$8K | -77 | Closed |
|
428
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$8K | -73 | Closed |
|
|
SMG
429
Spectrum Management Group
Indianapolis,
Indiana
| – | -$1K | -8 | Closed |
|
|
ME
430
McIlrath & Eck
Arlington,
Washington
| – | +$452 | +4 | New |
|
SAP Hedge Fund Activity: Q4 2017 in Review
402 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2017, worth a combined $12.8B — up 152% from $5.08B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new SAP positions and 28 closed out — a net gain of 46 holders — while 135 added to existing stakes and 104 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $103M. The largest seller was Goldman Sachs, cutting an estimated $101M.
- 402 institutional investors held SAP (SAP) as of Q4 2017, up from 358 in Q3 2017.
- Funds reported $12.8B of SAP stock for Q4 2017, up 152% quarter-over-quarter.
- 74 funds opened new SAP positions in Q4 2017 and 28 closed out, a net change of +46 holders.
- The largest SAP buyer in Q4 2017 was Fidelity Investments, an estimated $103M added.
- The largest SAP seller in Q4 2017 was Goldman Sachs, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2017.