SAP
SAP
338 hedge funds and large institutions have $3.7B invested in SAP in 2016 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 114 increasing their positions, 117 reducing their positions, and 32 closing their positions.
59% more first-time investments, than exits
New positions opened: 51 | Existing positions closed: 32
34% more call options, than puts
Call options by funds: $32.3M | Put options by funds: $24M
3% more funds holding
Funds holding: 327 → 338 (+11)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.12% less ownership
Funds ownership: 3.6% → 3.48% (-0.12%)
3% less repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 117
9% less capital invested
Capital invested by funds: $4.05B → $3.7B (-$351M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scharf Investments
Los Gatos,
California
|
+$147M |
| 2 |
Northern Trust
Chicago,
Illinois
|
+$38.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$35.6M |
| 4 |
Lazard Asset Management
New York
|
+$26.2M |
| 5 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$25.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$250M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$60.6M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$28.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$26.4M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$16.8M |
SAP Hedge Fund Activity: Q4 2016 in Review
338 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2016, worth a combined $3.7B — down 8.7% from $4.05B a quarter earlier.
Buyers outnumbered sellers: 51 funds opened new SAP positions and 32 closed out — a net gain of 19 holders — while 114 added to existing stakes and 117 trimmed.
The largest buyer was Scharf Investments, opening a new position worth an estimated $147M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $250M sold.
- 338 institutional investors held SAP (SAP) as of Q4 2016, up from 327 in Q3 2016.
- Funds reported $3.7B of SAP stock for Q4 2016, down 8.7% quarter-over-quarter.
- 51 funds opened new SAP positions in Q4 2016 and 32 closed out, a net change of +19 holders.
- The largest SAP buyer in Q4 2016 was Scharf Investments, an estimated $147M added.
- The largest SAP seller in Q4 2016 was Arrowstreet Capital, an estimated $250M sold.
Based on aggregated 13F filings for Q4 2016.