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SAP SE

SAP
Exchange
NYSE
Industry
Services-Prepackaged Software
SEC CIK
0001000184

No open-market purchases or sales by SAP SE insiders were filed in the last 90 days; 818 institutions reported holding it in 13F filings for Q2 2026, worth $13.0B in total; Harris Associates (Oakmark) is the only superinvestor holding it.

Other share classesSAPGF

13F holders, Q1 2025

Institutional positions in SAP SE as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
889
+48 vs. Q4 2024
Shares held
73.1M
+2.70M (+3.8%) vs. Q4 2024
Total value
$19.6B
+$2.28B (+13.1%) vs. Q4 2024
New holders
126
289 more added
Sold out
78
344 more reduced

18 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting SAP on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 889 institutions
Q1 2021: 505 institutionsQ2 2021: 513 institutionsQ3 2021: 525 institutionsQ4 2021: 535 institutionsQ1 2022: 507 institutionsQ2 2022: 490 institutionsQ3 2022: 451 institutionsQ4 2022: 493 institutionsQ1 2023: 532 institutionsQ2 2023: 570 institutionsQ3 2023: 584 institutionsQ4 2023: 647 institutionsQ1 2024: 706 institutionsQ2 2024: 743 institutionsQ3 2024: 792 institutionsQ4 2024: 859 institutionsQ1 2025: 889 institutionsQ2 2025: 970 institutionsQ3 2025: 930 institutionsQ4 2025: 931 institutionsQ1 2026: 847 institutionsQ2 2026: 818 institutions
Value heldQ1 2025: $19.6B
Q1 2021: $6.49BQ2 2021: $7.25BQ3 2021: $6.82BQ4 2021: $6.76BQ1 2022: $5.93BQ2 2022: $5.45BQ3 2022: $5.05BQ4 2022: $6.17BQ1 2023: $7.49BQ2 2023: $8.11BQ3 2023: $8.50BQ4 2023: $10.2BQ1 2024: $12.6BQ2 2024: $14.2BQ3 2024: $15.8BQ4 2024: $17.4BQ1 2025: $19.6BQ2 2025: $21.9BQ3 2025: $19.3BQ4 2025: $17.0BQ1 2026: $14.9BQ2 2026: $13.0B
Institutions holding SAP and their total value by quarter
QuarterHoldersValue
Q2 2026818$13.0B
Q1 2026847$14.9B
Q4 2025931$17.0B
Q3 2025930$19.3B
Q2 2025970$21.9B
Q1 2025889$19.6B
Q4 2024859$17.4B
Q3 2024792$15.8B
Q2 2024743$14.2B
Q1 2024706$12.6B
Q4 2023647$10.2B
Q3 2023584$8.50B
Q2 2023570$8.11B
Q1 2023532$7.49B
Q4 2022493$6.17B
Q3 2022451$5.05B
Q2 2022490$5.45B
Q1 2022507$5.93B
Q4 2021535$6.76B
Q3 2021525$6.82B
Q2 2021513$7.25B
Q1 2021505$6.49B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding SAP SE; share changes are against Q4 2024.

Institutions holding SAP in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Fisher Asset Management, LLC12,993,705$3.49B1.51%+7,875,567+153.9%Added
FMR LLC10,246,919$2.75B0.18%+863,742+9.2%Added
Capital International Investors7,289,419$1.96B0.38%−2,925,065−28.6%Reduced
Eagle Capital Management LLC3,302,372$886.5M3.23%−1,283,910−28.0%Reduced
Morgan Stanley3,183,083$854.5M0.06%+345,794+12.2%Added
Harding Loevner LP2,513,151$674.8M5.17%−184,927−6.9%Reduced
Bank of America Corp1,676,639$450.1M0.04%+361,825+27.5%Added
TD Asset Management Inc1,662,809$446.4M0.41%+60,261+3.8%Added
Northern Trust Corp1,512,724$406.1M0.06%+40,926+2.8%Added
Goldman Sachs Group Inc1,318,908$354.0M0.07%+80,164+6.5%Added
Macquarie Group Ltd1,281,126$343.9M0.43%−23,207−1.8%Reduced
WCM Investment Management, LLC1,229,086$329.4M0.85%+63,538+5.5%Added
BlackRock, Inc.1,189,916$319.4M0.01%+64,788+5.8%Added
Ameriprise Financial Inc1,129,573$304.4M0.08%−63,924−5.4%Reduced
Windacre Partnership LLC1,020,900$274.1M4.11%−182,600−15.2%Reduced
Envestnet Asset Management Inc1,010,018$271.1M0.09%−162,085−13.8%Reduced
JPMorgan Chase & Co1,009,445$271.0M0.02%−337,061−25.0%Reduced
Wells Fargo & Company894,664$240.2M0.06%−42,603−4.5%Reduced
Royal Bank of Canada749,293$201.1M0.05%−8,948−1.2%Reduced
Clearbridge Investments, LLC627,284$168.4M0.15%−814,560−56.5%Reduced
Wellington Management Group LLP610,948$164.0M0.03%−53,647−8.1%Reduced
Polen Capital Management LLC542,699$145.7M0.46%−457,245−45.7%Reduced
Arrowstreet Capital, Limited Partnership497,362$133.5M0.11%+73,457+17.3%Added
Raymond James Financial Inc446,107$119.8M0.05%−165,840−27.1%Reduced
Principal Financial Group Inc394,994$106.0M0.06%−124,107−23.9%Reduced
Natixis Advisors, L.P.386,003$103.6M0.19%−21,971−5.4%Reduced
Crawford Investment Counsel Inc378,478$101.6M1.80%−25,769−6.4%Reduced
BNP Paribas Arbitrage, SA366,871$98.5M0.08%+9,411+2.6%Added
UBS Group AG352,817$94.7M0.02%+72,694+26.0%Added
Marshall Wace, LLP339,134$91.0M0.12%+339,134New
Aviso Financial Inc.321,048$86.2M4.25%+8,098+2.6%Added
First Trust Advisors LP296,555$79.6M0.07%−817−0.3%Reduced
Bank of New York Mellon Corp292,991$78.7M0.02%−55,242−15.9%Reduced
Lazard Asset Management LLC280,217$75.2M0.12%−4,388−1.5%Reduced
Bank of Montreal274,987$73.8M0.04%+72,298+35.7%Added
Neuberger Berman Group LLC262,696$70.6M0.06%−80,889−23.5%Reduced
Night Owl Capital Management, LLC235,848$63.3M7.91%+8,178+3.6%Added
Sands Capital Management, LLC223,032$59.9M0.20%+223,032New
1832 Asset Management L.P.211,017$56.6M0.11%+61,831+41.4%Added
SEI Investments Co195,729$52.5M0.07%+19,622+11.1%Added
GWM Advisors LLC192,453$51.7M0.31%−9,611−4.8%Reduced
Mar Vista Investment Partners LLC179,355$48.1M3.96%−27,654−13.4%Reduced
Marsico Capital Management LLC173,508$46.6M1.60%00.0%Unchanged
Becker Capital Management Inc171,703$46.1M1.52%−6,217−3.5%Reduced
Massachusetts Financial Services Co157,600$42.3M0.01%+10,061+6.8%Added
Manufacturers Life Insurance Company, The156,984$42.1M0.04%−68,097−30.3%Reduced
Causeway Capital Management LLC155,139$41.6M0.87%−22,721−12.8%Reduced
Stifel Financial Corp154,850$41.6M0.04%−66,999−30.2%Reduced
Invesco Ltd.137,939$37.0M0.01%−13,770−9.1%Reduced
US Bancorp135,012$36.2M0.05%−3,188−2.3%Reduced
WT Asset Management Ltd131,233$35.2M4.12%+61,133+87.2%Added
Jarislowsky, Fraser Ltd121,414$32.6M0.20%−4,206−3.3%Reduced
Main Street Research LLC119,768$32.2M2.10%+119,768New
LPL Financial LLC115,550$31.0M0.01%−3,605−3.0%Reduced
Creative Planning114,409$30.7M0.03%+9,424+9.0%Added
Coerente Capital Management113,474$30.5M5.93%+126+0.1%Added
Citigroup Inc113,256$30.4M0.02%−7,079−5.9%Reduced
Russell Investments Group, Ltd.110,093$29.6M0.04%+2,358+2.2%Added
O'Shaughnessy Asset Management, LLC109,032$29.3M0.24%+4,602+4.4%Added
Obermeyer Wood Investment Counsel, LLLP106,724$28.6M1.53%−1,346−1.2%Reduced
American Century Companies Inc106,382$28.6M0.02%+10,944+11.5%Added
Cidel Asset Management Inc105,633$28.4M1.85%−1,610−1.5%Reduced
Deutsche Bank AG105,260$28.3M0.01%+100,487+2,105.3%Added
QRG Capital Management, Inc.95,147$25.5M0.27%+630+0.7%Added
Promethos Capital, LLC94,391$25.3M9.30%−23,966−20.2%Reduced
Pathstone Holdings, LLC91,592$24.6M0.11%+6,343+7.4%Added
Charles Schwab Investment Management Inc88,854$23.9M0.00%+12,359+16.2%Added
Kornitzer Capital Management Inc87,391$23.5M0.48%00.0%Unchanged
Cerity Partners LLC87,230$23.4M0.05%+14,647+20.2%Added
The PNC Financial Services Group, Inc.85,807$23.0M0.01%−11,604−11.9%Reduced
Crossmark Global Holdings, Inc.84,544$22.7M0.40%+477+0.6%Added
Millennium Management LLC83,044$22.3M0.02%+45,848+123.3%Added
Quantinno Capital Management LP81,056$21.8M0.14%+13,853+20.6%Added
HighTower Advisors, LLC80,688$21.7M0.03%+3,993+5.2%Added
NorthCrest Asset Manangement, LLC78,791$21.2M0.64%+910+1.2%Added
Dash Acquisitions Inc.72,631$21.0M4.69%−7,906−9.8%Reduced
Public Employees Retirement System of Ohio77,646$20.8M0.08%−1,400−1.8%Reduced
Cardinal Capital Management, Inc.76,862$20.6M0.70%−32,947−30.0%Reduced
Davis Selected Advisers76,126$20.4M0.12%−21,361−21.9%Reduced
Jennison Associates LLC75,024$20.1M0.01%−116,663−60.9%Reduced
Foresight Global Investors, Inc.73,325$19.7M13.84%−32,764−30.9%Reduced
Capital International Inc70,344$18.9M0.23%−28,815−29.1%Reduced
Scotia Capital Inc.68,968$18.5M0.10%−3,531−4.9%Reduced
Ethic Inc.65,796$17.8M0.36%−1,648−2.4%Reduced
Sustainable Growth Advisers, LP65,334$17.5M0.10%−4,823−6.9%Reduced
Cambiar Investors LLC62,715$16.8M0.71%−4,368−6.5%Reduced
MML Investors Services, LLC62,683$16.8M0.06%+3,587+6.1%Added
Allspring Global Investments Holdings, LLC61,549$16.6M0.03%+7,394+13.7%Added
Assetmark, Inc61,514$16.5M0.05%−145−0.2%Reduced
Dimensional Fund Advisors LP60,357$16.2M0.00%+3,093+5.4%Added
Truist Financial Corp58,560$15.7M0.03%−254−0.4%Reduced
National Bank of Canada55,743$15.0M0.02%−19,949−26.4%Reduced
Mercer Global Advisors Inc54,515$14.6M0.03%−2,381−4.2%Reduced
Brandes Investment Partners, LP54,256$14.6M0.15%−74,214−57.8%Reduced
Boston Common Asset Management, LLC53,934$14.5M0.44%−2,134−3.8%Reduced
Henry James International Management, Inc.53,770$14.4M4.94%+110.0%Added
Petrus Trust Company, LTA53,200$14.3M1.33%+53,200New
Federated Hermes, Inc.52,127$14.0M0.03%−4,586−8.1%Reduced
TownSquare Capital, LLC52,067$14.0M0.15%−11,456−18.0%Reduced
JustInvest LLC51,833$13.9M0.21%+6,183+13.5%Added