SAP
SAP
569 hedge funds and large institutions have $8.11B invested in SAP in 2023 Q2 according to their latest regulatory filings, with 81 funds opening new positions, 185 increasing their positions, 206 reducing their positions, and 38 closing their positions.
113% more first-time investments, than exits
New positions opened: 81 | Existing positions closed: 38
13% more funds holding in top 10
Funds holding in top 10: 8 → 9 (+1)
8% more capital invested
Capital invested by funds: $7.49B → $8.11B (+$624M)
8% more funds holding
Funds holding: 529 → 569 (+40)
0.01% more ownership
Funds ownership: 4.82% → 4.83% (+0.01%)
10% less repeat investments, than reductions
Existing positions increased: 185 | Existing positions reduced: 206
60% less call options, than puts
Call options by funds: $106M | Put options by funds: $266M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$137M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$46.4M |
| 3 |
Goldman Sachs
New York
|
+$44.4M |
| 4 |
Optiver Holding
Amsterdam,
Netherlands
|
+$23.7M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGA
Sustainable Growth Advisers
Stamford,
Connecticut
|
-$110M |
| 2 |
Principal Financial Group
Des Moines,
Iowa
|
-$87.8M |
| 3 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
-$43.2M |
| 4 |
Fisher Asset Management
Camas,
Washington
|
-$27.6M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
-$20M |
SAP Hedge Fund Activity: Q2 2023 in Review
569 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2023, worth a combined $8.11B — up 8.3% from $7.49B a quarter earlier.
Buyers outnumbered sellers: 81 funds opened new SAP positions and 38 closed out — a net gain of 43 holders — while 185 added to existing stakes and 206 trimmed.
The largest buyer was Bank of America, adding an estimated $137M. The largest seller was Sustainable Growth Advisers, cutting an estimated $110M.
- 569 institutional investors held SAP (SAP) as of Q2 2023, up from 529 in Q1 2023.
- Funds reported $8.11B of SAP stock for Q2 2023, up 8.3% quarter-over-quarter.
- 81 funds opened new SAP positions in Q2 2023 and 38 closed out, a net change of +43 holders.
- The largest SAP buyer in Q2 2023 was Bank of America, an estimated $137M added.
- The largest SAP seller in Q2 2023 was Sustainable Growth Advisers, an estimated $110M sold.
Based on aggregated 13F filings for Q2 2023.