Sapiens International
SPNS
SPNS was delisted on the 16th of December, 2025.
115 hedge funds and large institutions have $298M invested in Sapiens International in 2022 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 49 increasing their positions, 32 reducing their positions, and 14 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 32
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
2% more funds holding
Funds holding: 113 → 115 (+2)
0.72% less ownership
Funds ownership: 24.22% → 23.5% (-0.72%)
22% less capital invested
Capital invested by funds: $381M → $298M (-$82.2M)
22% less call options, than puts
Call options by funds: $2.76M | Put options by funds: $3.53M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$18.3M |
| 2 |
VOYA Investment Management
Atlanta,
Georgia
|
+$2.83M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.02M |
| 4 |
Allspring Global Investments
Charlotte,
North Carolina
|
+$2.01M |
| 5 |
Jane Street
New York
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PF
Phoenix Financial
Givatayim,
Israel
|
-$29.4M |
| 2 |
Millennium Management
New York
|
-$6.1M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$5.33M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$2.67M |
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$2.11M |
SPNS Hedge Fund Activity: Q3 2022 in Review
115 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in Sapiens International (SPNS) for Q3 2022, worth a combined $298M — down 22% from $381M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SPNS positions and 14 closed out — a net gain of 2 holders — while 49 added to existing stakes and 32 trimmed.
The largest buyer was Royce & Associates, adding an estimated $18.3M. The largest seller was Phoenix Financial, cutting an estimated $29.4M.
- 115 institutional investors held Sapiens International (SPNS) as of Q3 2022, up from 113 in Q2 2022.
- Funds reported $298M of Sapiens International stock for Q3 2022, down 22% quarter-over-quarter.
- 16 funds opened new Sapiens International positions in Q3 2022 and 14 closed out, a net change of +2 holders.
- The largest Sapiens International buyer in Q3 2022 was Royce & Associates, an estimated $18.3M added.
- The largest Sapiens International seller in Q3 2022 was Phoenix Financial, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2022.