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529 hedge funds and large institutions have $7.49B invested in SAP in 2023 Q1 according to their latest regulatory filings, with 87 funds opening new positions, 189 increasing their positions, 164 reducing their positions, and 42 closing their positions.

New
Increased
Maintained
Reduced
Closed

107% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 42

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

21% more capital invested

Capital invested by funds: $6.17B → $7.49B (+$1.32B)

15% more repeat investments, than reductions

Existing positions increased: 189 | Existing positions reduced: 164

8% more funds holding

Funds holding: 491529 (+38)

0.05% less ownership

Funds ownership: 4.87%4.82% (-0.05%)

26% less call options, than puts

Call options by funds: $147M | Put options by funds: $199M

Holders
529
Holders Change
+38
Holders Change %
+7.74%
% of All Funds
8.43%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.13%
New
87
Increased
189
Reduced
164
Closed
42
Calls
$147M
Puts
$199M
Net Calls
-$51.5M
Net Calls Change
+$36.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital International Investors
1
Capital International Investors
California
$1.05B +$90.9M +775,264 +10%
Fisher Asset Management
2
Fisher Asset Management
Washington
$792M -$32.2M -274,580 -4%
HL
3
Harding Loevner
New Jersey
$764M +$156K +1,328 +0%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$708M +$18.1M +154,520 +3%
Morgan Stanley
5
Morgan Stanley
New York
$337M -$10.2M -86,725 -3%
ClearBridge Investments
6
ClearBridge Investments
New York
$309M +$71.8M +612,168 +33%
FMI
7
Fiduciary Management Inc
Wisconsin
$247M -$11.9M -101,752 -5%
WPL
8
WINDACRE PARTNERSHIP LLC
Texas
$246M -$24M -205,000 -10%
Polen Capital Management
9
Polen Capital Management
Florida
$167M -$2.36M -20,146 -2%
Bank of America
10
Bank of America
North Carolina
$166M +$34.9M +297,217 +29%
Principal Financial Group
11
Principal Financial Group
Iowa
$149M -$37.6M -320,409 -21%
Wells Fargo
12
Wells Fargo
California
$131M +$17.9M +152,611 +17%
BlackRock
13
BlackRock
New York
$125M +$6.74M +57,425 +6%
Goldman Sachs
14
Goldman Sachs
New York
$122M +$15.7M +134,103 +16%
First Trust Advisors
15
First Trust Advisors
Illinois
$117M -$15.4M -130,933 -12%
SGA
16
Sustainable Growth Advisers
Connecticut
$112M -$85.6K -730 -0.1%
Northern Trust
17
Northern Trust
Illinois
$112M +$6.08M +51,801 +6%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$99.3M +$5.57M +47,516 +6%
MVIP
19
Mar Vista Investment Partners
California
$81M -$274K -2,337 -0.4%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$79.7M +$15.9M +135,252 +25%
RJA
21
Raymond James & Associates
Florida
$69.2M +$9.02M +76,870 +16%
JP Morgan Chase
22
JP Morgan Chase
New York
$63.2M -$700K -5,965 -1%
CIC
23
Crawford Investment Counsel
Georgia
$58.3M -$170K -1,447 -0.3%
Ameriprise
24
Ameriprise
Minnesota
$53.7M -$216K -1,842 -0.4%
Arrowstreet Capital
25
Arrowstreet Capital
Massachusetts
$52.2M +$34.6M +295,184 +252%

SAP Hedge Fund Activity: Q1 2023 in Review

529 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2023, worth a combined $7.49B — up 21% from $6.17B a quarter earlier.

Buyers outnumbered sellers: 87 funds opened new SAP positions and 42 closed out — a net gain of 45 holders — while 189 added to existing stakes and 164 trimmed.

The largest buyer was Capital International Investors, adding an estimated $90.9M. The largest seller was Principal Financial Group, cutting an estimated $37.6M.

  • 529 institutional investors held SAP (SAP) as of Q1 2023, up from 491 in Q4 2022.
  • Funds reported $7.49B of SAP stock for Q1 2023, up 21% quarter-over-quarter.
  • 87 funds opened new SAP positions in Q1 2023 and 42 closed out, a net change of +45 holders.
  • The largest SAP buyer in Q1 2023 was Capital International Investors, an estimated $90.9M added.
  • The largest SAP seller in Q1 2023 was Principal Financial Group, an estimated $37.6M sold.

Based on aggregated 13F filings for Q1 2023.