Sapiens International
SPNS
SPNS was delisted on the 16th of December, 2025.
116 hedge funds and large institutions have $288M invested in Sapiens International in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 33 reducing their positions, and 14 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 33
24% more call options, than puts
Call options by funds: $391K | Put options by funds: $316K
1.56% more ownership
Funds ownership: 23.5% → 25.06% (+1.6%)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
1% more funds holding
Funds holding: 115 → 116 (+1)
4% less capital invested
Capital invested by funds: $298M → $288M (-$10.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Royce & Associates
New York
|
+$7.67M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$5.9M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
+$5.17M |
| 4 |
Millennium Management
New York
|
+$2.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
-$5.13M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.16M |
| 3 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
-$2.26M |
| 4 |
Renaissance Technologies
New York
|
-$2.09M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$2.08M |
SPNS Hedge Fund Activity: Q4 2022 in Review
116 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Sapiens International (SPNS) for Q4 2022, worth a combined $288M — down 3.6% from $298M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new SPNS positions and 14 closed out — a net gain of 1 holder — while 50 added to existing stakes and 33 trimmed.
The largest buyer was Royce & Associates, adding an estimated $7.67M. The largest seller was Migdal Insurance & Financial Holdings, cutting an estimated $5.13M.
- 116 institutional investors held Sapiens International (SPNS) as of Q4 2022, up from 115 in Q3 2022.
- Funds reported $288M of Sapiens International stock for Q4 2022, down 3.6% quarter-over-quarter.
- 15 funds opened new Sapiens International positions in Q4 2022 and 14 closed out, a net change of +1 holder.
- The largest Sapiens International buyer in Q4 2022 was Royce & Associates, an estimated $7.67M added.
- The largest Sapiens International seller in Q4 2022 was Migdal Insurance & Financial Holdings, an estimated $5.13M sold.
Based on aggregated 13F filings for Q4 2022.