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510 hedge funds and large institutions have $7.25B invested in SAP in 2021 Q2 according to their latest regulatory filings, with 60 funds opening new positions, 206 increasing their positions, 138 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

49% more repeat investments, than reductions

Existing positions increased: 206 | Existing positions reduced: 138

30% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 46

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

12% more capital invested

Capital invested by funds: $6.49B → $7.25B (+$763M)

1% more funds holding

Funds holding: 503510 (+7)

0.1% less ownership

Funds ownership: 4.3%4.2% (-0.1%)

28% less call options, than puts

Call options by funds: $144M | Put options by funds: $199M

Holders
510
Holders Change
+7
Holders Change %
+1.39%
% of All Funds
8.88%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.14%
New
60
Increased
206
Reduced
138
Closed
46
Calls
$144M
Puts
$199M
Net Calls
-$55.2M
Net Calls Change
-$111M
Name Holding Trade Value Shares
Change
Change in
Stake
Fisher Asset Management
1
Fisher Asset Management
Washington
$1.25B +$37.9M +272,099 +3%
HL
2
Harding Loevner
New Jersey
$722M -$51.7M -371,001 -7%
VVP
3
Vulcan Value Partners
Alabama
$610M -$23.1M -166,035 -4%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$587M -$3.08M -22,135 -0.5%
Capital International Investors
5
Capital International Investors
California
$302M -$13.3M -95,429 -4%
WPL
6
WINDACRE PARTNERSHIP LLC
Texas
$280M
Goldman Sachs
7
Goldman Sachs
New York
$204M +$50.4M +362,251 +33%
Northern Trust
8
Northern Trust
Illinois
$201M -$26.8M -192,618 -12%
PPA
9
Parametric Portfolio Associates
Washington
$174M +$13.4M +95,916 +8%
Bank of America
10
Bank of America
North Carolina
$158M +$46.2M +332,017 +42%
Ameriprise
11
Ameriprise
Minnesota
$151M +$6.43M +46,169 +5%
First Trust Advisors
12
First Trust Advisors
Illinois
$144M -$22.2M -159,354 -13%
SGA
13
Sustainable Growth Advisers
Connecticut
$141M +$7.3M +52,388 +6%
Neuberger Berman Group
14
Neuberger Berman Group
New York
$119M -$12M -86,347 -9%
Principal Financial Group
15
Principal Financial Group
Iowa
$115M -$11M -78,640 -9%
Polen Capital Management
16
Polen Capital Management
Florida
$101M +$6.45M +46,344 +7%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$92M -$11.7M -83,962 -11%
CI
18
Cambiar Investors
Colorado
$87.6M +$17.8M +127,525 +26%
Wells Fargo
19
Wells Fargo
California
$87.5M -$12.6M -90,755 -13%
Citigroup
20
Citigroup
New York
$83.8M -$9.84M -70,661 -11%
MVIP
21
Mar Vista Investment Partners
California
$71.9M -$11.4M -82,084 -14%
Morgan Stanley
22
Morgan Stanley
New York
$67.3M +$1.34M +9,654 +2%
BlackRock
23
BlackRock
New York
$65.7M +$8.27M +59,366 +15%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$58.3M -$11.1M -79,987 -16%
CIC
25
Crawford Investment Counsel
Georgia
$57.8M +$3.78M +27,138 +7%

SAP Hedge Fund Activity: Q2 2021 in Review

510 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2021, worth a combined $7.25B — up 12% from $6.49B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new SAP positions and 46 closed out — a net gain of 14 holders — while 206 added to existing stakes and 138 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $50.4M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $77.1M sold.

  • 510 institutional investors held SAP (SAP) as of Q2 2021, up from 503 in Q1 2021.
  • Funds reported $7.25B of SAP stock for Q2 2021, up 12% quarter-over-quarter.
  • 60 funds opened new SAP positions in Q2 2021 and 46 closed out, a net change of +14 holders.
  • The largest SAP buyer in Q2 2021 was Goldman Sachs, an estimated $50.4M added.
  • The largest SAP seller in Q2 2021 was Arrowstreet Capital, an estimated $77.1M sold.

Based on aggregated 13F filings for Q2 2021.