SAP
SAP
327 hedge funds and large institutions have $4.05B invested in SAP in 2016 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 115 increasing their positions, 98 reducing their positions, and 27 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
85% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 27
24% more capital invested
Capital invested by funds: $3.26B → $4.05B (+$788M)
17% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 98
7% more funds holding
Funds holding: 306 → 327 (+21)
0.09% more ownership
Funds ownership: 3.52% → 3.6% (+0.09%)
46% less call options, than puts
Call options by funds: $25.3M | Put options by funds: $46.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$162M |
| 2 |
Lazard Asset Management
New York
|
+$74M |
| 3 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
+$35.7M |
| 4 |
JFL
Jarislowsky, Fraser Ltd
Montreal,
Quebec, Canada
|
+$31.5M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
-$144M |
| 2 |
Goldman Sachs
New York
|
-$29.9M |
| 3 |
Renaissance Technologies
New York
|
-$25.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$21.8M |
| 5 |
WMC
Westwood Management Corporation
Chicago,
Illinois
|
-$20.9M |
SAP Hedge Fund Activity: Q3 2016 in Review
327 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q3 2016, worth a combined $4.05B — up 24% from $3.26B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new SAP positions and 27 closed out — a net gain of 23 holders — while 115 added to existing stakes and 98 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $162M. The largest seller was Scharf Investments, exiting entirely with an estimated $144M sold.
- 327 institutional investors held SAP (SAP) as of Q3 2016, up from 306 in Q2 2016.
- Funds reported $4.05B of SAP stock for Q3 2016, up 24% quarter-over-quarter.
- 50 funds opened new SAP positions in Q3 2016 and 27 closed out, a net change of +23 holders.
- The largest SAP buyer in Q3 2016 was Arrowstreet Capital, an estimated $162M added.
- The largest SAP seller in Q3 2016 was Scharf Investments, an estimated $144M sold.
Based on aggregated 13F filings for Q3 2016.