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298 hedge funds and large institutions have $3.52B invested in SAP in 2014 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 114 increasing their positions, 91 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 114 | Existing positions reduced: 91

18% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 38

1% more funds holding

Funds holding: 295298 (+3)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.21% less ownership

Funds ownership: 3.73%3.52% (-0.21%)

12% less capital invested

Capital invested by funds: $3.99B → $3.52B (-$475M)

28% less call options, than puts

Call options by funds: $397M | Put options by funds: $550M

Holders
298
Holders Change
+3
Holders Change %
+1.02%
% of All Funds
8.61%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
45
Increased
114
Reduced
91
Closed
38
Calls
$397M
Puts
$550M
Net Calls
-$153M
Net Calls Change
-$121M
Name Holding Trade Value Shares
Change
Change in
Stake
IHL
76
Investment House LLC
California
$4.5M -$15.9K -200 -0.4%
SB
77
Suntrust Banks
Georgia
$4.37M -$167K -2,108 -4%
Susquehanna International Group
78
Susquehanna International Group
Pennsylvania
$4.26M +$4.15M +52,404 New
NFA
79
Nationwide Fund Advisors
Ohio
$4.24M +$47.6K +600 +1%
SC
80
Scotia Capital
Ontario, Canada
$4.15M +$267K +3,367 +7%
KCM
81
Kornitzer Capital Management
Kansas
$4.01M +$714K +9,000 +22%
EGA
82
Eagle Global Advisors
Texas
$3.58M -$408K -5,142 -10%
GC
83
Guggenheim Capital
Illinois
$3.51M -$193K -2,433 -5%
RCM
84
Riverhead Capital Management
Delaware
$3.33M +$3.24M +40,900 New
SAM
85
Silvercrest Asset Management
New York
$3.29M +$9.51K +120 +0.3%
PPCM
86
Pillar Pacific Capital Management
California
$3.25M -$177K -2,229 -5%
RW
87
Rand Wealth
Maryland
$3.2M +$109K +1,377 +4%
MSR
88
Main Street Research
Connecticut
$3.15M +$637K +8,034 +26%
FA
89
FDx Advisors
Illinois
$3.06M +$1M +12,630 +50%
ICM
90
ICC Capital Management
Florida
$2.99M -$59.5K -750 -2%
SG Americas Securities
91
SG Americas Securities
New York
$2.96M +$2.88M +36,373 New
BG
92
Bahl & Gaynor
Ohio
$2.94M -$142K -1,785 -5%
LM
93
Lincluden Management
Ontario, Canada
$2.71M +$89.8K +1,133 +4%
RFC
94
Regions Financial Corp
Alabama
$2.67M +$335K +4,230 +15%
BTW
95
Boston Trust Walden
Massachusetts
$2.59M -$27.7K -350 -1%
Kayne Anderson Rudnick Investment Management
96
Kayne Anderson Rudnick Investment Management
California
$2.4M +$177K +2,236 +8%
ACP
97
Ashfield Capital Partners
California
$2.39M -$31.3K -395 -1%
PA
98
Profund Advisors
Maryland
$2.13M -$112K -1,408 -5%
BTS
99
BB&T Securities
Virginia
$2.03M +$198K +2,493 New
HSBC Holdings
100
HSBC Holdings
United Kingdom
$2.02M +$236K +2,971 +14%

SAP Hedge Fund Activity: Q1 2014 in Review

298 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2014, worth a combined $3.52B — down 12% from $3.99B a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new SAP positions and 38 closed out — a net gain of 7 holders — while 114 added to existing stakes and 91 trimmed.

The largest buyer was Renaissance Technologies, adding an estimated $34.2M. The largest seller was Waddell & Reed Financial, exiting entirely with an estimated $91.6M sold.

  • 298 institutional investors held SAP (SAP) as of Q1 2014, up from 295 in Q4 2013.
  • Funds reported $3.52B of SAP stock for Q1 2014, down 12% quarter-over-quarter.
  • 45 funds opened new SAP positions in Q1 2014 and 38 closed out, a net change of +7 holders.
  • The largest SAP buyer in Q1 2014 was Renaissance Technologies, an estimated $34.2M added.
  • The largest SAP seller in Q1 2014 was Waddell & Reed Financial, an estimated $91.6M sold.

Based on aggregated 13F filings for Q1 2014.