Sapiens International
SPNS
SPNS was delisted on the 16th of December, 2025.
121 hedge funds and large institutions have $320M invested in Sapiens International in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 46 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
11% more capital invested
Capital invested by funds: $288M → $320M (+$32.2M)
4% more funds holding
Funds holding: 116 → 121 (+5)
1.69% more ownership
Funds ownership: 25.06% → 26.75% (+1.7%)
0% more call options, than puts
Call options by funds: $371K | Put options by funds: $371K
7% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$10.2M |
| 2 |
Goldman Sachs
New York
|
+$2.89M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.47M |
| 4 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$2.35M |
| 5 |
FP
Foundry Partners
Minneapolis,
Minnesota
|
+$1.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UIM
USS Investment Management
London,
United Kingdom
|
-$45.6M |
| 2 |
Renaissance Technologies
New York
|
-$2.24M |
| 3 |
Legal & General Group
London,
United Kingdom
|
-$1.44M |
| 4 |
RA
Royce & Associates
New York
|
-$1.23M |
| 5 |
Marshall Wace
London,
United Kingdom
|
-$856K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Amundi
Paris,
France
| – | -$275K | -13,396 | Closed |
|
127
Prudential Financial
Newark,
New Jersey
| – | -$230K | -12,458 | Closed |
|
128
Lazard Asset Management
New York
| – | -$41K | -2,233 | Closed |
|
|
MLICM
129
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$35.2K | -1,907 | Closed |
|
|
PMEF
130
Point72 Middle East FZE
Dubai,
United Arab Emirates
| – | -$1.92K | -104 | Closed |
|
|
IA
131
IFP Advisors
Tampa,
Florida
| – | -$1K | -30 | Closed |
|
|
C
132
Covestor
London,
United Kingdom
| – | -$106 | -5 | -23% |
|
SPNS Hedge Fund Activity: Q1 2023 in Review
121 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Sapiens International (SPNS) for Q1 2023, worth a combined $320M — up 11% from $288M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new SPNS positions and 11 closed out — a net gain of 5 holders — while 43 added to existing stakes and 46 trimmed.
The largest buyer was Clal Insurance, adding an estimated $10.2M. The largest seller was USS Investment Management, exiting entirely with an estimated $45.6M sold.
- 121 institutional investors held Sapiens International (SPNS) as of Q1 2023, up from 116 in Q4 2022.
- Funds reported $320M of Sapiens International stock for Q1 2023, up 11% quarter-over-quarter.
- 16 funds opened new Sapiens International positions in Q1 2023 and 11 closed out, a net change of +5 holders.
- The largest Sapiens International buyer in Q1 2023 was Clal Insurance, an estimated $10.2M added.
- The largest Sapiens International seller in Q1 2023 was USS Investment Management, an estimated $45.6M sold.
Based on aggregated 13F filings for Q1 2023.