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SAP in the 13F filings

SAP Se · CUSIP 803054204

Sector · Software and IT servicesTheme · Cloud and enterprise software· L3VLUP-definedTheme · Prepackaged software
Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Quarter end
31 Dec 2023
the date the book describes
Filed
5 Nov 2026
latest of these filings; the earliest 12 Feb 2024
Managers listing it
8
at least, of 95 tracked, among listed positions
Comparable managers
93
filed both Q3 2023 and Q4 2023; 8 listed it in both
Shares listed
8,945,165
combined, among listed positions
Reported value
$1.4bn
combined, at the quarter end

Among the 93 comparable managers: 4 buyers (opened or added shares) and 4 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing SAP in Q4 2023

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q3 2023, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

8 of 8 holders

ActionFiling
Fidelity (FMR LLC)6,044,628$934m0.07%Added+180,3815 Nov 2026 (the filing on sec.gov)
Polen Capital Management LLC1,242,694$192m0.46%Trimmed-19,98010 May 2024 (the filing on sec.gov)
Arrowstreet Capital LP1,222,936$189m0.20%Added+259,60714 Feb 2024 (the filing on sec.gov)
Neuberger Berman Group LLC359,957$56munder 0.1%Trimmed-43,46714 Nov 2024 (the filing on sec.gov)
Quantbot Technologies LP31,553$4.9m0.28%Added+2,00314 Feb 2024 (the filing on sec.gov)
Capital World Investors21,190$3.3munder 0.1%Added+25013 Feb 2024 (the filing on sec.gov)
Winton Group Ltd20,504$3.2m0.23%Trimmed-6,19912 Feb 2024 (the filing on sec.gov)
Woodline Partners LP1,703$263kunder 0.1%Trimmed-113,80214 Feb 2024 (the filing on sec.gov)

Largest increases and reductions, by shares

Q3 2023 to Q4 2023, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (0)

No new position among listed positions.

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
11 in Q3 2024 to 8 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
SAP by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20134$265mn.a.n.a.
Q3 20134$99mn.a.n.a.
Q4 20133$106mn.a.n.a.
Q1 20143$139mn.a.n.a.
Q2 20145$126mn.a.n.a.
Q3 20144$112mn.a.n.a.
Q4 20141$94mn.a.n.a.
Q1 20152$126mn.a.n.a.
Q2 20154$114mn.a.n.a.
Q3 20154$99mn.a.n.a.
Q4 20152$106mn.a.n.a.
Q1 20163$130mn.a.n.a.
Q2 20161$115mn.a.n.a.
Q3 20163$250mn.a.n.a.
Q4 20163$246mn.a.n.a.
Q1 20174$267mn.a.n.a.
Q2 20172$246mn.a.n.a.
Q3 20176$301mn.a.n.a.
Q4 20174$288mn.a.n.a.
Q1 20189$586mn.a.n.a.
Q2 20186$946mn.a.n.a.
Q3 20189$1.3bnn.a.n.a.
Q4 20187$1.0bnn.a.n.a.
Q1 20197$1.0bnn.a.n.a.
Q2 20197$1.1bnn.a.n.a.
Q3 201911$1.1bnn.a.n.a.
Q4 201910$1.1bnn.a.n.a.
Q1 20208$823mn.a.n.a.
Q2 20205$1.0bnn.a.n.a.
Q3 20205$1.1bnn.a.n.a.
Q4 20204$823mn.a.n.a.
Q1 20218$929mn.a.n.a.
Q2 20215$824mn.a.n.a.
Q3 20218$892mn.a.n.a.
Q4 20217$1.0bnn.a.n.a.
Q1 20227$912mn.a.n.a.
Q2 20227$787mn.a.n.a.
Q3 202210$898mn.a.n.a.
Q4 20226$779mn.a.n.a.
Q1 20237$987mn.a.n.a.
Q2 20238$1.1bnn.a.n.a.
Q3 20239$1.1bnn.a.n.a.
Q4 20238$1.4bn44
Q1 20249$1.8bn55
Q2 202410$2.2bn73
Q3 202411$2.8bn74
Q4 20247$2.9bn44
Q1 20259$3.4bn45
Q2 20259$3.3bn46
Q3 20259$2.4bn72
Q4 202512$2.6bn1616
Q1 202614$2.4bn1915
Q2 20268$647m1023

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

SAP and GOOGL →SAP and AMZN →SAP and MSFT →Choose a stock to compare with SAP →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own SAP, latest filings →Back to the 13F Explorer →