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503 hedge funds and large institutions have $6.49B invested in SAP in 2021 Q1 according to their latest regulatory filings, with 67 funds opening new positions, 192 increasing their positions, 150 reducing their positions, and 55 closing their positions.

New
Increased
Maintained
Reduced
Closed

36% more call options, than puts

Call options by funds: $209M | Put options by funds: $153M

28% more repeat investments, than reductions

Existing positions increased: 192 | Existing positions reduced: 150

22% more first-time investments, than exits

New positions opened: 67 | Existing positions closed: 55

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

4% more capital invested

Capital invested by funds: $6.24B → $6.49B (+$253M)

1% more funds holding

Funds holding: 500503 (+3)

0.41% more ownership

Funds ownership: 3.89%4.3% (+0.41%)

Holders
503
Holders Change
+3
Holders Change %
+0.6%
% of All Funds
8.83%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.12%
New
67
Increased
192
Reduced
150
Closed
55
Calls
$209M
Puts
$153M
Net Calls
+$55.8M
Net Calls Change
+$115M
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$1.06B +$33.3M +262,949 +3%
HL
2
Harding Loevner
New Jersey
$676M -$261M -2,062,168 -27%
VVP
3
Vulcan Value Partners
Alabama
$552M +$570M +4,497,599 New
Fidelity Investments
4
Fidelity Investments
Massachusetts
$516M -$31.7M -250,328 -6%
Capital International Investors
5
Capital International Investors
California
$273M +$19.2M +151,877 +7%
WPL
6
WINDACRE PARTNERSHIP LLC
Texas
$245M +$22.3M +176,300 +10%
Northern Trust
7
Northern Trust
Illinois
$200M +$27.6M +217,526 +15%
First Trust Advisors
8
First Trust Advisors
Illinois
$146M +$6.37M +50,286 +4%
PPA
9
Parametric Portfolio Associates
Washington
$140M +$1.35M +10,682 +0.9%
Goldman Sachs
10
Goldman Sachs
New York
$134M +$5.19M +40,946 +4%
Ameriprise
11
Ameriprise
Minnesota
$124M +$83.1M +656,010 +179%
SGA
12
Sustainable Growth Advisers
Connecticut
$117M +$21.9M +173,150 +22%
Neuberger Berman Group
13
Neuberger Berman Group
New York
$115M -$733K -5,784 -0.6%
Principal Financial Group
14
Principal Financial Group
Iowa
$110M +$4.23M +33,360 +4%
Bank of America
15
Bank of America
North Carolina
$97.6M -$18.3M -144,511 -15%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$90.7M +$1.7M +13,449 +2%
Wells Fargo
17
Wells Fargo
California
$87.6M -$5.53M -43,651 -6%
Polen Capital Management
18
Polen Capital Management
Florida
$82.8M +$2.33M +18,370 +3%
Citigroup
19
Citigroup
New York
$81.9M -$34.9M -275,120 -29%
Arrowstreet Capital
20
Arrowstreet Capital
Massachusetts
$77.1M +$46.5M +367,097 +141%
Renaissance Technologies
21
Renaissance Technologies
New York
$73.4M +$75.8M +597,700 New
MVIP
22
Mar Vista Investment Partners
California
$73M +$4M +31,577 +6%
CI
23
Cambiar Investors
Colorado
$60.9M -$3.08M -24,335 -5%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$60.8M +$5.86M +46,244 +10%
Morgan Stanley
25
Morgan Stanley
New York
$57.6M +$1.52M +12,007 +3%

SAP Hedge Fund Activity: Q1 2021 in Review

503 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2021, worth a combined $6.49B — up 4.1% from $6.24B a quarter earlier.

Buyers outnumbered sellers: 67 funds opened new SAP positions and 55 closed out — a net gain of 12 holders — while 192 added to existing stakes and 150 trimmed.

The largest buyer was Vulcan Value Partners, opening a new position worth an estimated $570M. The largest seller was Harding Loevner, cutting an estimated $261M.

  • 503 institutional investors held SAP (SAP) as of Q1 2021, up from 500 in Q4 2020.
  • Funds reported $6.49B of SAP stock for Q1 2021, up 4.1% quarter-over-quarter.
  • 67 funds opened new SAP positions in Q1 2021 and 55 closed out, a net change of +12 holders.
  • The largest SAP buyer in Q1 2021 was Vulcan Value Partners, an estimated $570M added.
  • The largest SAP seller in Q1 2021 was Harding Loevner, an estimated $261M sold.

Based on aggregated 13F filings for Q1 2021.