SAP
SAP
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.
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: 8 → 15 (+7)
18% more capital invested
Capital invested by funds: $10.7B → $12.6B (+$1.96B)
9% more funds holding
Funds holding: 644 → 705 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAM
Groupama Asset Management
Paris,
France
|
+$114M |
| 2 |
Citigroup
New York
|
+$107M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$68.4M |
| 4 |
Westfield Capital Management
Boston,
Massachusetts
|
+$53.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$51.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$496M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$279M |
| 3 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$167M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$80.9M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$47.4M |
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.