SAP
SAP
540 hedge funds and large institutions have $8.56B invested in SAP in 2020 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 174 increasing their positions, 197 reducing their positions, and 35 closing their positions.
97% more first-time investments, than exits
New positions opened: 69 | Existing positions closed: 35
36% more call options, than puts
Call options by funds: $76.3M | Put options by funds: $56.1M
9% more capital invested
Capital invested by funds: $7.86B → $8.56B (+$694M)
5% more funds holding
Funds holding: 512 → 540 (+28)
0.1% less ownership
Funds ownership: 4.57% → 4.47% (-0.1%)
12% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 197
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$29.2M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
+$22M |
| 3 |
State Street
Boston,
Massachusetts
|
+$16.9M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$16.2M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$11.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.6M |
| 2 |
Lazard Asset Management
New York
|
-$41.4M |
| 3 |
ClearBridge Investments
New York
|
-$35.6M |
| 4 |
Holocene Advisors
New York
|
-$35.5M |
| 5 |
CI
Cambiar Investors
Denver,
Colorado
|
-$29.9M |
SAP Hedge Fund Activity: Q3 2020 in Review
540 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q3 2020, worth a combined $8.56B — up 8.8% from $7.86B a quarter earlier.
Buyers outnumbered sellers: 69 funds opened new SAP positions and 35 closed out — a net gain of 34 holders — while 174 added to existing stakes and 197 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $29.2M. The largest seller was Arrowstreet Capital, cutting an estimated $43.6M.
- 540 institutional investors held SAP (SAP) as of Q3 2020, up from 512 in Q2 2020.
- Funds reported $8.56B of SAP stock for Q3 2020, up 8.8% quarter-over-quarter.
- 69 funds opened new SAP positions in Q3 2020 and 35 closed out, a net change of +34 holders.
- The largest SAP buyer in Q3 2020 was Fisher Asset Management, an estimated $29.2M added.
- The largest SAP seller in Q3 2020 was Arrowstreet Capital, an estimated $43.6M sold.
Based on aggregated 13F filings for Q3 2020.