SAP
SAP
286 hedge funds and large institutions have $3.49B invested in SAP in 2015 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 105 increasing their positions, 88 reducing their positions, and 28 closing their positions.
61% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 28
46% more call options, than puts
Call options by funds: $50.1M | Put options by funds: $34.4M
19% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 88
13% more capital invested
Capital invested by funds: $3.09B → $3.49B (+$404M)
5% more funds holding
Funds holding: 273 → 286 (+13)
0.32% more ownership
Funds ownership: 3.62% → 3.94% (+0.32%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
+$129M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$67.1M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$64.3M |
| 4 |
ClearBridge Investments
New York
|
+$31.5M |
| 5 |
Jane Street
New York
|
+$26.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Alleghany Corporation
New York
|
-$73.8M |
| 2 |
FAM
Fred Alger Management
New York
|
-$53.2M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$29.3M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$27M |
| 5 |
Morgan Stanley
New York
|
-$22.1M |
SAP Hedge Fund Activity: Q1 2015 in Review
286 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2015, worth a combined $3.49B — up 13% from $3.09B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new SAP positions and 28 closed out — a net gain of 17 holders — while 105 added to existing stakes and 88 trimmed.
The largest buyer was Scharf Investments, opening a new position worth an estimated $129M. The largest seller was Alleghany Corporation, cutting an estimated $73.8M.
- 286 institutional investors held SAP (SAP) as of Q1 2015, up from 273 in Q4 2014.
- Funds reported $3.49B of SAP stock for Q1 2015, up 13% quarter-over-quarter.
- 45 funds opened new SAP positions in Q1 2015 and 28 closed out, a net change of +17 holders.
- The largest SAP buyer in Q1 2015 was Scharf Investments, an estimated $129M added.
- The largest SAP seller in Q1 2015 was Alleghany Corporation, an estimated $73.8M sold.
Based on aggregated 13F filings for Q1 2015.