Sapiens International
SPNS
SPNS was delisted on the 16th of December, 2025.
141 hedge funds and large institutions have $461M invested in Sapiens International in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 55 increasing their positions, 47 reducing their positions, and 11 closing their positions.
73% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 11
17% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 47
15% more capital invested
Capital invested by funds: $399M → $461M (+$61.6M)
6% more funds holding
Funds holding: 133 → 141 (+8)
2.17% more ownership
Funds ownership: 27.21% → 29.38% (+2.2%)
6% more call options, than puts
Call options by funds: $210K | Put options by funds: $199K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Acadian Asset Management
Boston,
Massachusetts
|
+$16.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$5.06M |
| 3 |
Morgan Stanley
New York
|
+$4.59M |
| 4 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
+$4.06M |
| 5 |
BlackRock
New York
|
+$3.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
-$8.25M |
| 2 |
NIG
NFJ Investment Group
Dallas,
Texas
|
-$6.57M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.64M |
| 4 |
Goldman Sachs
New York
|
-$3.72M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.66M |
SPNS Hedge Fund Activity: Q3 2023 in Review
141 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Sapiens International (SPNS) for Q3 2023, worth a combined $461M — up 15% from $399M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SPNS positions and 11 closed out — a net gain of 8 holders — while 55 added to existing stakes and 47 trimmed.
The largest buyer was Acadian Asset Management, adding an estimated $16.6M. The largest seller was Harel Insurance Investments & Financial Services, cutting an estimated $8.25M.
- 141 institutional investors held Sapiens International (SPNS) as of Q3 2023, up from 133 in Q2 2023.
- Funds reported $461M of Sapiens International stock for Q3 2023, up 15% quarter-over-quarter.
- 19 funds opened new Sapiens International positions in Q3 2023 and 11 closed out, a net change of +8 holders.
- The largest Sapiens International buyer in Q3 2023 was Acadian Asset Management, an estimated $16.6M added.
- The largest Sapiens International seller in Q3 2023 was Harel Insurance Investments & Financial Services, an estimated $8.25M sold.
Based on aggregated 13F filings for Q3 2023.