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446 hedge funds and large institutions have $5.73B invested in SAP in 2018 Q4 according to their latest regulatory filings, with 71 funds opening new positions, 134 increasing their positions, 166 reducing their positions, and 71 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more funds holding in top 10

Funds holding in top 10: 1012 (+2)

0.14% more ownership

Funds ownership: 4.54%4.68% (+0.14%)

0% more first-time investments, than exits

New positions opened: 71 | Existing positions closed: 71

1% less funds holding

Funds holding: 450446 (-4)

16% less capital invested

Capital invested by funds: $6.86B → $5.73B (-$1.13B)

19% less repeat investments, than reductions

Existing positions increased: 134 | Existing positions reduced: 166

61% less call options, than puts

Call options by funds: $13.5M | Put options by funds: $34.3M

Holders
446
Holders Change
-4
Holders Change %
-0.89%
% of All Funds
9.94%
Holding in Top 10
12
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+20%
% of All Funds
0.27%
New
71
Increased
134
Reduced
166
Closed
71
Calls
$13.5M
Puts
$34.3M
Net Calls
-$20.8M
Net Calls Change
-$6.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$689M +$18.1M +170,359 +3%
HL
2
Harding Loevner
New Jersey
$624M +$1.22M +11,514 +0.2%
SCP
3
Soroban Capital Partners
New York
$436M -$40.5M -380,430 -8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$350M +$91M +854,993 +32%
Bank of America
5
Bank of America
North Carolina
$245M +$2.17M +20,431 +0.8%
GQG Partners
6
GQG Partners
Florida
$221M +$123M +1,153,894 +108%
Goldman Sachs
7
Goldman Sachs
New York
$180M -$85.4M -802,655 -31%
Lazard Asset Management
8
Lazard Asset Management
New York
$172M -$750K -7,047 -0.4%
Northern Trust
9
Northern Trust
Illinois
$166M +$991K +9,312 +0.6%
CI
10
Cambiar Investors
Colorado
$164M +$28.8M +270,753 +20%
SGA
11
Sustainable Growth Advisers
Connecticut
$147M +$8.22M +77,240 +6%
Wells Fargo
12
Wells Fargo
California
$124M -$2.24M -21,084 -2%
PPA
13
Parametric Portfolio Associates
Washington
$105M +$6.58M +61,865 +6%
ClearBridge Investments
14
ClearBridge Investments
New York
$99.1M +$20.5M +192,446 +24%
Arrowstreet Capital
15
Arrowstreet Capital
Massachusetts
$92.8M -$40M -376,338 -29%
First Trust Advisors
16
First Trust Advisors
Illinois
$83.2M +$1.79M +16,805 +2%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$80M +$3.61M +33,951 +4%
Neuberger Berman Group
18
Neuberger Berman Group
New York
$77.5M -$26.2M -246,720 -24%
Russell Investments Group
19
Russell Investments Group
United Kingdom
$65.7M +$12.9M +121,071 +22%
Morgan Stanley
20
Morgan Stanley
New York
$57.8M -$63.1M -593,187 -51%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$53.8M +$32.3M +303,345 +128%
Invesco
22
Invesco
Georgia
$51.4M -$6.48M -60,896 -11%
Capital International Investors
23
Capital International Investors
California
$51.1M +$54.6M +513,700 New
Citigroup
24
Citigroup
New York
$48.3M -$33M -310,285 -39%
Principal Financial Group
25
Principal Financial Group
Iowa
$48.2M +$13.7M +129,110 +36%

SAP Hedge Fund Activity: Q4 2018 in Review

446 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q4 2018, worth a combined $5.73B — down 16% from $6.86B a quarter earlier.

Fund positioning in SAP was balanced in Q4 2018: 71 funds opened new positions, 71 closed out, 134 added to existing stakes and 166 trimmed.

The largest buyer was GQG Partners, adding an estimated $123M. The largest seller was Goldman Sachs, cutting an estimated $85.4M.

  • 446 institutional investors held SAP (SAP) as of Q4 2018, down from 450 in Q3 2018.
  • Funds reported $5.73B of SAP stock for Q4 2018, down 16% quarter-over-quarter.
  • 71 funds opened new SAP positions in Q4 2018 and 71 closed out, a net change of 0 holders.
  • The largest SAP buyer in Q4 2018 was GQG Partners, an estimated $123M added.
  • The largest SAP seller in Q4 2018 was Goldman Sachs, an estimated $85.4M sold.

Based on aggregated 13F filings for Q4 2018.