SAP
SAP
296 hedge funds and large institutions have $3.99B invested in SAP in 2013 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 113 increasing their positions, 93 reducing their positions, and 36 closing their positions.
42% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 36
22% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 93
16% more capital invested
Capital invested by funds: $3.43B → $3.99B (+$563M)
4% more funds holding
Funds holding: 284 → 296 (+12)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.05% less ownership
Funds ownership: 3.78% → 3.73% (-0.05%)
33% less call options, than puts
Call options by funds: $65.1M | Put options by funds: $96.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$83.6M |
| 2 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$53.2M |
| 3 |
FAM
Fred Alger Management
New York
|
+$34.6M |
| 4 |
JP Morgan Chase
New York
|
+$21.8M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCP
DSM Capital Partners
Palm Beach Gardens,
Florida
|
-$91M |
| 2 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$43.2M |
| 3 |
BC
Balestra Capital
New York
|
-$36.4M |
| 4 |
Goldman Sachs
New York
|
-$22.3M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$21.8M |
SAP Hedge Fund Activity: Q4 2013 in Review
296 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2013, worth a combined $3.99B — up 16% from $3.43B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SAP positions and 36 closed out — a net gain of 15 holders — while 113 added to existing stakes and 93 trimmed.
The largest buyer was Waddell & Reed Financial, opening a new position worth an estimated $83.6M. The largest seller was DSM Capital Partners, cutting an estimated $91M.
- 296 institutional investors held SAP (SAP) as of Q4 2013, up from 284 in Q3 2013.
- Funds reported $3.99B of SAP stock for Q4 2013, up 16% quarter-over-quarter.
- 51 funds opened new SAP positions in Q4 2013 and 36 closed out, a net change of +15 holders.
- The largest SAP buyer in Q4 2013 was Waddell & Reed Financial, an estimated $83.6M added.
- The largest SAP seller in Q4 2013 was DSM Capital Partners, an estimated $91M sold.
Based on aggregated 13F filings for Q4 2013.