SAP
SAP
284 hedge funds and large institutions have $3.43B invested in SAP in 2013 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 102 increasing their positions, 114 reducing their positions, and 36 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
0.19% less ownership
Funds ownership: 3.97% → 3.78% (-0.19%)
3% less capital invested
Capital invested by funds: $3.55B → $3.43B (-$121M)
4% less funds holding
Funds holding: 297 → 284 (-13)
11% less repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 114
31% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 36
71% less call options, than puts
Call options by funds: $15.5M | Put options by funds: $54.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$178M |
| 2 |
AC
Alleghany Corporation
New York
|
+$44.6M |
| 3 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$29M |
| 4 |
Morgan Stanley
New York
|
+$28.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$144M |
| 2 |
Calamos Advisors
Naperville,
Illinois
|
-$74.3M |
| 3 |
RIM
Rainier Investment Management
Seattle,
Washington
|
-$67.8M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
-$48.9M |
| 5 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$40.3M |
SAP Hedge Fund Activity: Q3 2013 in Review
284 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q3 2013, worth a combined $3.43B — down 3.4% from $3.55B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of SAP and 25 opened new positions — a net loss of 11 holders — while 114 trimmed existing stakes and 102 added.
The largest buyer was Goldman Sachs, adding an estimated $178M. The largest seller was Capital World Investors, exiting entirely with an estimated $144M sold.
- 284 institutional investors held SAP (SAP) as of Q3 2013, down from 297 in Q2 2013.
- Funds reported $3.43B of SAP stock for Q3 2013, down 3.4% quarter-over-quarter.
- 25 funds opened new SAP positions in Q3 2013 and 36 closed out, a net change of -11 holders.
- The largest SAP buyer in Q3 2013 was Goldman Sachs, an estimated $178M added.
- The largest SAP seller in Q3 2013 was Capital World Investors, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2013.