SAP
SAP
277 hedge funds and large institutions have $3.03B invested in SAP in 2014 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 99 increasing their positions, 101 reducing their positions, and 51 closing their positions.
0.32% less ownership
Funds ownership: 3.52% → 3.2% (-0.32%)
2% less repeat investments, than reductions
Existing positions increased: 99 | Existing positions reduced: 101
7% less funds holding
Funds holding: 298 → 277 (-21)
14% less capital invested
Capital invested by funds: $3.52B → $3.03B (-$486M)
24% less call options, than puts
Call options by funds: $373M | Put options by funds: $490M
39% less first-time investments, than exits
New positions opened: 31 | Existing positions closed: 51
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$23.5M |
| 2 |
Goldman Sachs
New York
|
+$21.8M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$17.8M |
| 4 |
Morgan Stanley
New York
|
+$15.5M |
| 5 |
JP Morgan Chase
New York
|
+$14.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$145M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$95.7M |
| 3 |
CI
Cambiar Investors
Denver,
Colorado
|
-$40.1M |
| 4 |
SI
Scout Investments
Kansas City,
Missouri
|
-$34.9M |
| 5 |
FAM
Fred Alger Management
New York
|
-$23M |
SAP Hedge Fund Activity: Q2 2014 in Review
277 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2014, worth a combined $3.03B — down 14% from $3.52B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of SAP and 31 opened new positions — a net loss of 20 holders — while 101 trimmed existing stakes and 99 added.
The largest buyer was Macquarie Group, adding an estimated $23.5M. The largest seller was Harding Loevner, cutting an estimated $145M.
- 277 institutional investors held SAP (SAP) as of Q2 2014, down from 298 in Q1 2014.
- Funds reported $3.03B of SAP stock for Q2 2014, down 14% quarter-over-quarter.
- 31 funds opened new SAP positions in Q2 2014 and 51 closed out, a net change of -20 holders.
- The largest SAP buyer in Q2 2014 was Macquarie Group, an estimated $23.5M added.
- The largest SAP seller in Q2 2014 was Harding Loevner, an estimated $145M sold.
Based on aggregated 13F filings for Q2 2014.