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536 hedge funds and large institutions have $7.86B invested in SAP in 2019 Q4 according to their latest regulatory filings, with 91 funds opening new positions, 180 increasing their positions, 160 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

168% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 34

50% more funds holding in top 10

Funds holding in top 10: 812 (+4)

15% more capital invested

Capital invested by funds: $6.81B → $7.86B (+$1.04B)

13% more repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 160

9% more funds holding

Funds holding: 491536 (+45)

0.07% more ownership

Funds ownership: 4.71%4.78% (+0.07%)

56% less call options, than puts

Call options by funds: $41M | Put options by funds: $94.2M

Holders
536
Holders Change
+45
Holders Change %
+9.16%
% of All Funds
10.56%
Holding in Top 10
12
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+50%
% of All Funds
0.24%
New
91
Increased
180
Reduced
160
Closed
34
Calls
$41M
Puts
$94.2M
Net Calls
-$53.2M
Net Calls Change
-$1.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$69.3M -$51.3M -390,268 -43%
Capital International Investors
27
Capital International Investors
California
$68.9M +$40.3K +307 +0.1%
AG
28
Aperio Group
California
$56.4M +$3.07M +23,325 +6%
Ameriprise
29
Ameriprise
Minnesota
$54.2M +$3.19M +24,262 +6%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$52.2M -$678K -5,161 -1%
SC
31
Saturna Capital
Washington
$44.3M
JFL
32
Jarislowsky, Fraser Ltd
Quebec, Canada
$43.8M -$398K -3,027 -0.9%
First Trust Advisors
33
First Trust Advisors
Illinois
$39.2M -$3.98M -30,274 -9%
RJA
34
Raymond James & Associates
Florida
$38.9M -$3.35M -25,481 -8%
Polen Capital Management
35
Polen Capital Management
Florida
$37.2M +$6.13M +46,636 +20%
HJGA
36
Hardman Johnston Global Advisors
Connecticut
$36.9M +$36.2M +275,670 New
UCFA
37
United Capital Financial Advisors
Texas
$33.8M +$1.77M +13,478 +6%
CAPTRUST Financial Advisors
38
CAPTRUST Financial Advisors
North Carolina
$31M +$29.7M +226,328 New
SEI Investments
39
SEI Investments
Pennsylvania
$29.5M +$2.24M +17,009 +8%
Citigroup
40
Citigroup
New York
$29M +$18.2M +138,221 +176%
Natixis Advisors
41
Natixis Advisors
Massachusetts
$28.8M +$3.15M +23,947 +13%
CCM
42
Causeway Capital Management
California
$28.2M -$268K -2,039 -1%
KFC
43
Klingenstein Fields & Co
New York
$27.4M -$824K -6,267 -3%
US Bancorp
44
US Bancorp
Minnesota
$25.9M -$1.12M -8,510 -4%
New York State Common Retirement Fund
45
New York State Common Retirement Fund
New York
$24.6M -$576K -4,381 -2%
CQS
46
Credential Qtrade Securities
$21.9M +$1.65M +12,551 +8%
Stifel Financial
47
Stifel Financial
Missouri
$21.2M +$8.39M +63,813 +67%
DSA
48
Davis Selected Advisers
Arizona
$17.4M -$774K -5,887 -4%
BCPEMI
49
Bain Capital Public Equity Management II
Massachusetts
$17.2M -$1.53M -11,606 -8%
Truist Financial
50
Truist Financial
North Carolina
$17M +$9.23M +70,220 +125%

SAP Hedge Fund Activity: Q4 2019 in Review

536 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2019, worth a combined $7.86B — up 15% from $6.81B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new SAP positions and 34 closed out — a net gain of 57 holders — while 180 added to existing stakes and 160 trimmed.

The largest buyer was Mar Vista Investment Partners, adding an estimated $130M. The largest seller was Goldman Sachs, cutting an estimated $51.3M.

  • 536 institutional investors held SAP (SAP) as of Q4 2019, up from 491 in Q3 2019.
  • Funds reported $7.86B of SAP stock for Q4 2019, up 15% quarter-over-quarter.
  • 91 funds opened new SAP positions in Q4 2019 and 34 closed out, a net change of +57 holders.
  • The largest SAP buyer in Q4 2019 was Mar Vista Investment Partners, an estimated $130M added.
  • The largest SAP seller in Q4 2019 was Goldman Sachs, an estimated $51.3M sold.

Based on aggregated 13F filings for Q4 2019.