SAP
SAP
293 hedge funds and large institutions have $3.37B invested in SAP in 2015 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 93 increasing their positions, 73 reducing their positions, and 45 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
29% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 45
27% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 73
21% more capital invested
Capital invested by funds: $2.79B → $3.37B (+$583M)
4% more funds holding
Funds holding: 283 → 293 (+10)
8% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $16M
0.03% less ownership
Funds ownership: 3.5% → 3.47% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$182M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$94.1M |
| 3 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
+$9.75M |
| 4 |
SCM
Sandler Capital Management
New York
|
+$6.53M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$6.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$89M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$70.2M |
| 3 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$51.4M |
| 4 |
Morgan Stanley
New York
|
-$26.5M |
| 5 |
SI
Scout Investments
Kansas City,
Missouri
|
-$26M |
SAP Hedge Fund Activity: Q4 2015 in Review
293 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2015, worth a combined $3.37B — up 21% from $2.79B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new SAP positions and 45 closed out — a net gain of 13 holders — while 93 added to existing stakes and 73 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $182M. The largest seller was Goldman Sachs, cutting an estimated $89M.
- 293 institutional investors held SAP (SAP) as of Q4 2015, up from 283 in Q3 2015.
- Funds reported $3.37B of SAP stock for Q4 2015, up 21% quarter-over-quarter.
- 58 funds opened new SAP positions in Q4 2015 and 45 closed out, a net change of +13 holders.
- The largest SAP buyer in Q4 2015 was Deutsche Bank, an estimated $182M added.
- The largest SAP seller in Q4 2015 was Goldman Sachs, an estimated $89M sold.
Based on aggregated 13F filings for Q4 2015.