Sapiens International
SPNS
SPNS was delisted on the 16th of December, 2025.
151 hedge funds and large institutions have $500M invested in Sapiens International in 2023 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 54 reducing their positions, and 9 closing their positions.
539% more call options, than puts
Call options by funds: $262K | Put options by funds: $41K
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
9% more capital invested
Capital invested by funds: $461M → $500M (+$39.5M)
7% more funds holding
Funds holding: 141 → 151 (+10)
1.95% more ownership
Funds ownership: 29.38% → 31.33% (+1.9%)
4% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$12.4M |
| 2 |
Morgan Stanley
New York
|
+$8.17M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$6.24M |
| 4 |
JP Morgan Chase
New York
|
+$6.22M |
| 5 |
AS
Altshuler Shaham
Tel Aviv,
Israel
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
-$11.2M |
| 2 |
Marshall Wace
London,
United Kingdom
|
-$2.98M |
| 3 |
Allspring Global Investments
Charlotte,
North Carolina
|
-$1.46M |
| 4 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$1.33M |
| 5 |
Russell Investments Group
London,
United Kingdom
|
-$1.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EI
151
EAM Investors
Solana Beach,
California
| – | -$1.04M | -36,648 | Closed |
|
152
Norges Bank
Oslo,
Norway
| – | -$956K | -33,260 | Closed |
|
|
EGI
153
EAM Global Investors
Solana Beach,
California
| – | -$605K | -21,295 | Closed |
|
154
Aviva
London,
United Kingdom
| – | -$579K | -20,373 | Closed |
|
|
QC
155
Quadrature Capital
London,
United Kingdom
| – | -$229K | -8,039 | Closed |
|
|
MM
156
MQS Management
New York
| – | -$225K | -7,915 | Closed |
|
157
Simplex Trading
Chicago,
Illinois
| – | -$5.77K | -217 | Closed |
|
|
GRP
158
Global Retirement Partners
San Rafael,
California
| – | -$314 | -11 | Closed |
|
|
ANBT
159
American National Bank & Trust
Wichita Falls,
Texas
| – | -$256 | -9 | Closed |
|
|
C
160
Covestor
London,
United Kingdom
| – | -$27 | -1 | -8% |
|
SPNS Hedge Fund Activity: Q4 2023 in Review
151 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Sapiens International (SPNS) for Q4 2023, worth a combined $500M — up 8.6% from $461M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new SPNS positions and 9 closed out — a net gain of 10 holders — while 56 added to existing stakes and 54 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $12.4M. The largest seller was Royce & Associates, cutting an estimated $11.2M.
- 151 institutional investors held Sapiens International (SPNS) as of Q4 2023, up from 141 in Q3 2023.
- Funds reported $500M of Sapiens International stock for Q4 2023, up 8.6% quarter-over-quarter.
- 19 funds opened new Sapiens International positions in Q4 2023 and 9 closed out, a net change of +10 holders.
- The largest Sapiens International buyer in Q4 2023 was Nuveen, an estimated $12.4M added.
- The largest Sapiens International seller in Q4 2023 was Royce & Associates, an estimated $11.2M sold.
Based on aggregated 13F filings for Q4 2023.