SAP
SAP
644 hedge funds and large institutions have $10.7B invested in SAP in 2023 Q4 according to their latest regulatory filings, with 125 funds opening new positions, 220 increasing their positions, 204 reducing their positions, and 51 closing their positions.
145% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 51
25% more capital invested
Capital invested by funds: $8.51B → $10.7B (+$2.15B)
11% more funds holding
Funds holding: 581 → 644 (+63)
8% more repeat investments, than reductions
Existing positions increased: 220 | Existing positions reduced: 204
0.25% more ownership
Funds ownership: 5.35% → 5.61% (+0.25%)
0% more funds holding in top 10
Funds holding in top 10: 8 → 8 (0)
43% less call options, than puts
Call options by funds: $132M | Put options by funds: $230M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$415M |
| 2 |
Eagle Capital Management (New York)
New York
|
+$114M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$108M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$37.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$26.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$62.4M |
| 2 |
ClearBridge Investments
New York
|
-$41.6M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
-$33.7M |
| 4 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
-$31.5M |
| 5 |
Fisher Asset Management
Camas,
Washington
|
-$28M |
SAP Hedge Fund Activity: Q4 2023 in Review
644 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2023, worth a combined $10.7B — up 25% from $8.51B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new SAP positions and 51 closed out — a net gain of 74 holders — while 220 added to existing stakes and 204 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $415M. The largest seller was Fiduciary Management Inc, cutting an estimated $62.4M.
- 644 institutional investors held SAP (SAP) as of Q4 2023, up from 581 in Q3 2023.
- Funds reported $10.7B of SAP stock for Q4 2023, up 25% quarter-over-quarter.
- 125 funds opened new SAP positions in Q4 2023 and 51 closed out, a net change of +74 holders.
- The largest SAP buyer in Q4 2023 was Morgan Stanley, an estimated $415M added.
- The largest SAP seller in Q4 2023 was Fiduciary Management Inc, an estimated $62.4M sold.
Based on aggregated 13F filings for Q4 2023.