SAP
SAP
284 hedge funds and large institutions have $2.79B invested in SAP in 2015 Q3 according to their latest regulatory filings, with 35 funds opening new positions, 109 increasing their positions, 76 reducing their positions, and 33 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 76
6% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 33
0% more funds holding
Funds holding: 283 → 284 (+1)
0.35% less ownership
Funds ownership: 3.86% → 3.5% (-0.35%)
16% less capital invested
Capital invested by funds: $3.33B → $2.79B (-$538M)
33% less call options, than puts
Call options by funds: $16.5M | Put options by funds: $24.5M
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$66.5M |
| 2 |
Goldman Sachs
New York
|
+$46.7M |
| 3 |
Citigroup
New York
|
+$13.2M |
| 4 |
Franklin Resources
San Mateo,
California
|
+$9.73M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$8.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$172M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$95.5M |
| 3 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$18.9M |
| 4 |
EVM
Eaton Vance Management
Boston,
Massachusetts
|
-$18.7M |
| 5 |
Morgan Stanley
New York
|
-$18.5M |
SAP Hedge Fund Activity: Q3 2015 in Review
284 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q3 2015, worth a combined $2.79B — down 16% from $3.33B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new SAP positions and 33 closed out — a net gain of 2 holders — while 109 added to existing stakes and 76 trimmed.
The largest buyer was Bank of America, adding an estimated $66.5M. The largest seller was Harding Loevner, cutting an estimated $172M.
- 284 institutional investors held SAP (SAP) as of Q3 2015, up from 283 in Q2 2015.
- Funds reported $2.79B of SAP stock for Q3 2015, down 16% quarter-over-quarter.
- 35 funds opened new SAP positions in Q3 2015 and 33 closed out, a net change of +2 holders.
- The largest SAP buyer in Q3 2015 was Bank of America, an estimated $66.5M added.
- The largest SAP seller in Q3 2015 was Harding Loevner, an estimated $172M sold.
Based on aggregated 13F filings for Q3 2015.