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493 hedge funds and large institutions have $6.19B invested in SAP in 2020 Q1 according to their latest regulatory filings, with 38 funds opening new positions, 177 increasing their positions, 181 reducing their positions, and 76 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.2% less ownership

Funds ownership: 4.78%4.58% (-0.2%)

2% less repeat investments, than reductions

Existing positions increased: 177 | Existing positions reduced: 181

8% less funds holding

Funds holding: 536493 (-43)

8% less funds holding in top 10

Funds holding in top 10: 1211 (-1)

21% less capital invested

Capital invested by funds: $7.86B → $6.19B (-$1.67B)

50% less first-time investments, than exits

New positions opened: 38 | Existing positions closed: 76

66% less call options, than puts

Call options by funds: $28.1M | Put options by funds: $83.9M

Holders
493
Holders Change
-43
Holders Change %
-8.02%
% of All Funds
10.86%
Holding in Top 10
11
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-8.33%
% of All Funds
0.24%
New
38
Increased
177
Reduced
181
Closed
76
Calls
$28.1M
Puts
$83.9M
Net Calls
-$55.8M
Net Calls Change
-$2.64M
Name Holding Trade Value Shares
Change
Change in
Stake
HL
1
Harding Loevner
New Jersey
$866M -$13.7M -108,731 -1%
Fisher Asset Management
2
Fisher Asset Management
Washington
$854M +$9.31M +73,849 +1%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$522M +$41.6M +330,079 +8%
GQG Partners
4
GQG Partners
Florida
$359M +$94.3M +747,437 +30%
Bank of America
5
Bank of America
North Carolina
$193M -$34.2M -271,015 -13%
Lazard Asset Management
6
Lazard Asset Management
New York
$187M -$3.94M -31,237 -2%
Northern Trust
7
Northern Trust
Illinois
$178M -$11.8M -93,837 -6%
SGA
8
Sustainable Growth Advisers
Connecticut
$167M +$24.3M +192,996 +15%
PPA
9
Parametric Portfolio Associates
Washington
$144M +$5.19M +41,143 +3%
Wells Fargo
10
Wells Fargo
California
$140M +$9.27M +73,486 +6%
Goldman Sachs
11
Goldman Sachs
New York
$127M +$80.2M +636,121 +123%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$120M -$1.92M -15,234 -1%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$107M +$2.18M +17,317 +2%
MVIP
14
Mar Vista Investment Partners
California
$106M -$3.68M -29,154 -3%
CI
15
Cambiar Investors
Colorado
$99.9M -$25.4M -201,563 -18%
ClearBridge Investments
16
ClearBridge Investments
New York
$93.5M +$10.1M +80,105 +10%
Principal Financial Group
17
Principal Financial Group
Iowa
$82.5M +$9.58M +75,926 +11%
Morgan Stanley
18
Morgan Stanley
New York
$76.7M -$16.5M -130,952 -16%
Arrowstreet Capital
19
Arrowstreet Capital
Massachusetts
$65.5M +$3.68M +29,177 +5%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$64.9M -$477K -3,779 -0.6%
Jennison Associates
21
Jennison Associates
New York
$62.8M -$145M -1,148,926 -67%
Invesco
22
Invesco
Georgia
$53.9M -$4.43M -35,111 -7%
AG
23
Aperio Group
California
$51.5M +$5.67M +44,919 +11%
Renaissance Technologies
24
Renaissance Technologies
New York
$51M +$52.1M +413,119 +852%
Ameriprise
25
Ameriprise
Minnesota
$47.7M +$2.98M +23,621 +6%

SAP Hedge Fund Activity: Q1 2020 in Review

493 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2020, worth a combined $6.19B — down 21% from $7.86B a quarter earlier.

Sellers outnumbered buyers: 76 funds closed out of SAP and 38 opened new positions — a net loss of 38 holders — while 181 trimmed existing stakes and 177 added.

The largest buyer was GQG Partners, adding an estimated $94.3M. The largest seller was UBS Group, cutting an estimated $196M.

  • 493 institutional investors held SAP (SAP) as of Q1 2020, down from 536 in Q4 2019.
  • Funds reported $6.19B of SAP stock for Q1 2020, down 21% quarter-over-quarter.
  • 38 funds opened new SAP positions in Q1 2020 and 76 closed out, a net change of -38 holders.
  • The largest SAP buyer in Q1 2020 was GQG Partners, an estimated $94.3M added.
  • The largest SAP seller in Q1 2020 was UBS Group, an estimated $196M sold.

Based on aggregated 13F filings for Q1 2020.