SAP
SAP
432 hedge funds and large institutions have $6.58B invested in SAP in 2018 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 141 increasing their positions, 138 reducing their positions, and 37 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 6 → 10 (+4)
51% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 37
30% more call options, than puts
Call options by funds: $65.1M | Put options by funds: $50M
3% more funds holding
Funds holding: 419 → 432 (+13)
2% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 138
6.23% less ownership
Funds ownership: 10.87% → 4.64% (-6.2%)
53% less capital invested
Capital invested by funds: $14B → $6.58B (-$7.42B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCP
Soroban Capital Partners
New York
|
+$356M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$113M |
| 3 |
Goldman Sachs
New York
|
+$84M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$40.7M |
| 5 |
Morgan Stanley
New York
|
+$37.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$148M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$48.9M |
| 3 |
Fisher Asset Management
Camas,
Washington
|
-$48.3M |
| 4 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
-$45.7M |
| 5 |
MIP
Mondrian Investment Partners
London,
United Kingdom
|
-$40.9M |
SAP Hedge Fund Activity: Q2 2018 in Review
432 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2018, worth a combined $6.58B — down 53% from $14B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new SAP positions and 37 closed out — a net gain of 19 holders — while 141 added to existing stakes and 138 trimmed.
The largest buyer was Soroban Capital Partners, adding an estimated $356M. The largest seller was Harding Loevner, cutting an estimated $148M.
- 432 institutional investors held SAP (SAP) as of Q2 2018, up from 419 in Q1 2018.
- Funds reported $6.58B of SAP stock for Q2 2018, down 53% quarter-over-quarter.
- 56 funds opened new SAP positions in Q2 2018 and 37 closed out, a net change of +19 holders.
- The largest SAP buyer in Q2 2018 was Soroban Capital Partners, an estimated $356M added.
- The largest SAP seller in Q2 2018 was Harding Loevner, an estimated $148M sold.
Based on aggregated 13F filings for Q2 2018.