SAP
SAP
280 hedge funds and large institutions have $2.93B invested in SAP in 2014 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 113 increasing their positions, 84 reducing their positions, and 26 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 84
12% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 26
1% more funds holding
Funds holding: 277 → 280 (+3)
0.11% more ownership
Funds ownership: 3.2% → 3.31% (+0.11%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less capital invested
Capital invested by funds: $3.03B → $2.93B (-$100M)
14% less call options, than puts
Call options by funds: $358M | Put options by funds: $419M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$91M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$62.5M |
| 3 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$26.8M |
| 4 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$17.7M |
| 5 |
RFC
Russell Frank Company
Seattle,
Washington
|
+$15.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$41.7M |
| 2 |
Goldman Sachs
New York
|
-$30.4M |
| 3 |
JP Morgan Chase
New York
|
-$29.2M |
| 4 |
SAM
Sentinel Asset Management
Montpelier,
Vermont
|
-$15.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$14M |
SAP Hedge Fund Activity: Q3 2014 in Review
280 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q3 2014, worth a combined $2.93B — down 3.3% from $3.03B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new SAP positions and 26 closed out — a net gain of 3 holders — while 113 added to existing stakes and 84 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $91M. The largest seller was Northern Trust, cutting an estimated $41.7M.
- 280 institutional investors held SAP (SAP) as of Q3 2014, up from 277 in Q2 2014.
- Funds reported $2.93B of SAP stock for Q3 2014, down 3.3% quarter-over-quarter.
- 29 funds opened new SAP positions in Q3 2014 and 26 closed out, a net change of +3 holders.
- The largest SAP buyer in Q3 2014 was Morgan Stanley, an estimated $91M added.
- The largest SAP seller in Q3 2014 was Northern Trust, an estimated $41.7M sold.
Based on aggregated 13F filings for Q3 2014.