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433 hedge funds and large institutions have $6.59B invested in SAP in 2018 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 140 increasing their positions, 139 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 610 (+4)

54% more first-time investments, than exits

New positions opened: 57 | Existing positions closed: 37

30% more call options, than puts

Call options by funds: $65.1M | Put options by funds: $50M

3% more funds holding

Funds holding: 419433 (+14)

1% more repeat investments, than reductions

Existing positions increased: 140 | Existing positions reduced: 139

6.23% less ownership

Funds ownership: 10.87%4.64% (-6.2%)

53% less capital invested

Capital invested by funds: $14B → $6.59B (-$7.42B)

Holders
433
Holders Change
+14
Holders Change %
+3.34%
% of All Funds
9.91%
Holding in Top 10
10
Holding in Top 10 Change
+4
Holding in Top 10 Change %
+66.67%
% of All Funds
0.23%
New
57
Increased
140
Reduced
139
Closed
37
Calls
$65.1M
Puts
$50M
Net Calls
+$15.1M
Net Calls Change
+$13.8M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
51
PNC Financial Services Group
Pennsylvania
$15.5M -$1.64M -14,553 -10%
JCM
52
Janney Capital Management
Pennsylvania
$15.4M -$3.69M -32,697 -20%
HCMNY
53
Howard Capital Management (New York)
New York
$15M -$216K -1,910 -1%
CIC
54
Crawford Investment Counsel
Georgia
$14.1M +$920K +8,147 +7%
TSS
55
Two Sigma Securities
New York
$14M +$8.1M +71,759 +147%
CBT
56
Capital Bank & Trust
California
$13.1M +$474K +4,196 +4%
BCAM
57
Boston Common Asset Management
Massachusetts
$12.9M -$443K -3,922 -3%
CTA
58
Carillon Tower Advisers
Florida
$12.9M -$2.72M -24,055 -18%
Dimensional Fund Advisors
59
Dimensional Fund Advisors
Texas
$12.8M -$870K -7,708 -7%
UBS Group
60
UBS Group
Switzerland
$12.2M +$1.53M +13,536 +15%
Stifel Financial
61
Stifel Financial
Missouri
$11.9M -$562K -4,982 -5%
Northwestern Mutual Wealth Management
62
Northwestern Mutual Wealth Management
Wisconsin
$11.9M +$137K +1,213 +1%
Massachusetts Financial Services
63
Massachusetts Financial Services
Massachusetts
$11.5M +$26.9K +238 +0.2%
BNP Paribas Asset Management
64
BNP Paribas Asset Management
France
$11.5M -$5.23M -46,328 -32%
NIMC
65
NWQ Investment Management Company
California
$11.5M -$1.1M -9,785 -9%
BC
66
Brinker Capital
Pennsylvania
$11.4M +$103K +916 +0.9%
CS
67
Credential Securities
$11.3M +$783K +6,937 +8%
UBS AM
68
UBS AM
Illinois
$11.2M +$480K +4,248 +5%
OAM
69
Oppenheimer Asset Management
New York
$10.9M -$965K -8,551 -8%
LM
70
Lincluden Management
Ontario, Canada
$10.4M -$173K -1,535 -2%
Barclays
71
Barclays
United Kingdom
$10.3M +$8.09M +71,631 +414%
TD Asset Management
72
TD Asset Management
Ontario, Canada
$10.1M +$335K +2,966 +4%
Bank of Montreal
73
Bank of Montreal
Ontario, Canada
$9.78M +$330K +2,924 +4%
HighTower Advisors
74
HighTower Advisors
Illinois
$9.66M +$6.78M +60,050 +259%
FWCM
75
Ferguson Wellman Capital Management
Oregon
$9.31M +$447K +3,955 +5%

SAP Hedge Fund Activity: Q2 2018 in Review

433 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2018, worth a combined $6.59B — down 53% from $14B a quarter earlier.

Buyers outnumbered sellers: 57 funds opened new SAP positions and 37 closed out — a net gain of 20 holders — while 140 added to existing stakes and 139 trimmed.

The largest buyer was Soroban Capital Partners, adding an estimated $356M. The largest seller was Harding Loevner, cutting an estimated $148M.

  • 433 institutional investors held SAP (SAP) as of Q2 2018, up from 419 in Q1 2018.
  • Funds reported $6.59B of SAP stock for Q2 2018, down 53% quarter-over-quarter.
  • 57 funds opened new SAP positions in Q2 2018 and 37 closed out, a net change of +20 holders.
  • The largest SAP buyer in Q2 2018 was Soroban Capital Partners, an estimated $356M added.
  • The largest SAP seller in Q2 2018 was Harding Loevner, an estimated $148M sold.

Based on aggregated 13F filings for Q2 2018.