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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, Q2 2025

Institutional positions in SAP SE as of Jun 30, 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
970
+97 vs. Q1 2025
Shares held
71.9M
−961.3K (−1.3%) vs. Q1 2025
Total value
$21.9B
+$2.30B (+11.7%) vs. Q1 2025
New holders
164
337 more added
Sold out
67
336 more reduced

16 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 970 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 heldQ2 2025: $21.9B
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, Q2 2025

Shares, value and share of portfolio for each institution holding SAP SE; share changes are against Q1 2025.

Institutions holding SAP in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Fisher Asset Management, LLC14,157,321$4.31B1.71%+1,163,616+9.0%Added
FMR LLC9,018,224$2.74B0.15%−1,228,695−12.0%Reduced
Capital International Investors4,058,089$1.23B0.21%−3,231,330−44.3%Reduced
Morgan Stanley3,480,173$1.06B0.07%+297,090+9.3%Added
Eagle Capital Management LLC3,007,780$914.7M3.01%−294,592−8.9%Reduced
Bank of America Corp2,650,418$806.0M0.06%+973,779+58.1%Added
Harding Loevner LP2,465,593$749.7M5.04%−47,558−1.9%Reduced
Goldman Sachs Group Inc1,935,383$588.5M0.10%+616,475+46.7%Added
Northern Trust Corp1,511,883$459.8M0.06%−841−0.1%Reduced
TD Asset Management Inc1,496,743$455.2M0.39%−166,066−10.0%Reduced
BlackRock, Inc.1,317,241$400.6M0.01%+127,325+10.7%Added
WCM Investment Management, LLC1,224,778$368.8M0.84%−4,308−0.4%Reduced
Macquarie Group Ltd1,111,060$337.9M0.41%−170,066−13.3%Reduced
Ameriprise Financial Inc1,089,602$331.8M0.08%−39,971−3.5%Reduced
JPMorgan Chase & Co1,087,751$330.8M0.02%+78,306+7.8%Added
Windacre Partnership LLC1,020,900$310.5M4.25%00.0%Unchanged
Envestnet Asset Management Inc969,185$294.7M0.09%−40,833−4.0%Reduced
Royal Bank of Canada809,161$246.1M0.05%+59,868+8.0%Added
Wells Fargo & Company805,801$245.0M0.05%−88,863−9.9%Reduced
Citigroup Inc613,966$186.7M0.13%+500,710+442.1%Added
Clearbridge Investments, LLC595,612$181.1M0.15%−31,672−5.0%Reduced
Wellington Management Group LLP524,577$159.5M0.03%−86,371−14.1%Reduced
Polen Capital Management LLC486,471$147.9M0.45%−56,228−10.4%Reduced
Qube Research & Technologies Ltd408,315$124.2M0.17%+369,484+951.5%Added
Natixis Advisors, L.P.405,892$123.4M0.20%+19,889+5.2%Added
Raymond James Financial Inc392,269$119.3M0.04%−53,838−12.1%Reduced
Principal Financial Group Inc389,184$118.4M0.06%−5,810−1.5%Reduced
Crawford Investment Counsel Inc361,631$110.0M1.92%−16,847−4.5%Reduced
Sands Capital Management, LLC289,386$88.0M0.25%+66,354+29.8%Added
Oribel Capital Management, LP285,500$86.8M4.60%+285,500New
Aviso Financial Inc.279,301$84.9M3.83%−41,747−13.0%Reduced
Lazard Asset Management LLC274,298$83.4M0.11%−5,919−2.1%Reduced
Bank of New York Mellon Corp273,452$83.2M0.02%−19,539−6.7%Reduced
First Trust Advisors LP266,843$81.1M0.07%−29,712−10.0%Reduced
Bank of Montreal258,272$78.5M0.04%−16,715−6.1%Reduced
Night Owl Capital Management, LLC242,973$73.9M8.54%+7,125+3.0%Added
Neuberger Berman Group LLC241,048$73.3M0.06%−21,648−8.2%Reduced
Jennison Associates LLC221,349$67.3M0.04%+146,325+195.0%Added
SEI Investments Co200,376$60.9M0.07%+4,647+2.4%Added
GWM Advisors LLC189,485$57.6M0.30%−2,968−1.5%Reduced
Marsico Capital Management LLC177,558$54.0M1.46%+4,050+2.3%Added
Massachusetts Financial Services Co173,051$52.6M0.02%+15,451+9.8%Added
Trivest Advisors Ltd172,000$52.3M2.03%+172,000New
Becker Capital Management Inc169,738$51.6M1.61%−1,965−1.1%Reduced
UBS Group AG168,462$51.2M0.01%−184,355−52.3%Reduced
Arrowstreet Capital, Limited Partnership166,169$50.5M0.04%−331,193−66.6%Reduced
Voya Investment Management LLC162,140$49.3M0.05%+162,140New
US Bancorp151,738$46.1M0.06%+16,726+12.4%Added
Mar Vista Investment Partners LLC147,365$44.8M3.43%−31,990−17.8%Reduced
Manufacturers Life Insurance Company, The147,289$44.8M0.04%−9,695−6.2%Reduced
Lord, Abbett & Co. LLC146,294$44.5M0.14%+146,294New
Jarislowsky, Fraser Ltd144,581$44.0M0.25%+23,167+19.1%Added
Stifel Financial Corp134,418$40.9M0.04%−20,432−13.2%Reduced
Cidel Asset Management Inc127,005$38.6M2.32%+21,372+20.2%Added
Creative Planning126,725$38.5M0.03%+12,316+10.8%Added
Allspring Global Investments Holdings, LLC128,100$38.5M0.06%+66,551+108.1%Added
BNP Paribas Arbitrage, SA126,624$38.5M0.03%−240,247−65.5%Reduced
Alliancebernstein L.P.124,322$37.8M0.01%+91,781+282.0%Added
LPL Financial LLC123,761$37.6M0.01%+8,211+7.1%Added
Main Street Research LLC120,723$36.7M2.29%+955+0.8%Added
O'Shaughnessy Asset Management, LLC115,735$35.2M0.24%+6,703+6.1%Added
Causeway Capital Management LLC115,049$35.0M0.55%−40,090−25.8%Reduced
American Century Companies Inc113,547$34.5M0.02%+7,165+6.7%Added
Coerente Capital Management111,793$34.0M6.25%−1,681−1.5%Reduced
GF Fund Management Co. Ltd.111,393$33.9M0.68%+94,416+556.1%Added
Bain Capital Public Equity Management II, LLC110,064$33.5M1.59%+58,398+113.0%Added
Obermeyer Wood Investment Counsel, LLLP108,284$32.9M1.64%+1,560+1.5%Added
Charles Schwab Investment Management Inc106,582$32.4M0.01%+17,728+20.0%Added
CIBC Private Wealth Group, LLC105,824$32.2M0.06%+100,055+1,734.4%Added
Cerity Partners LLC104,608$31.8M0.06%+17,378+19.9%Added
Promethos Capital, LLC99,112$30.1M10.18%+4,721+5.0%Added
Russell Investments Group, Ltd.96,063$29.2M0.04%−14,030−12.7%Reduced
QRG Capital Management, Inc.95,924$29.2M0.25%+777+0.8%Added
Quantinno Capital Management LP95,204$29.0M0.13%+14,148+17.5%Added
Crossmark Global Holdings, Inc.87,056$26.5M0.43%+2,512+3.0%Added
Segall Bryant & Hamill, LLC86,242$26.2M0.37%+43,402+101.3%Added
Petrus Trust Company, LTA85,942$26.1M2.71%+32,742+61.5%Added
The PNC Financial Services Group, Inc.84,874$25.8M0.02%−933−1.1%Reduced
Pathstone Holdings, LLC80,094$24.4M0.10%−11,498−12.6%Reduced
NorthCrest Asset Manangement, LLC79,767$24.2M0.65%+976+1.2%Added
Cardinal Capital Management, Inc.77,454$23.6M0.74%+592+0.8%Added
HighTower Advisors, LLC77,310$23.5M0.03%−3,378−4.2%Reduced
Kornitzer Capital Management Inc75,000$22.8M0.46%−12,391−14.2%Reduced
Keystone Investors Pte Ltd74,936$22.8M4.70%+71,252+1,934.1%Added
Brandes Investment Partners, LP74,013$22.5M0.20%+19,757+36.4%Added
Dash Acquisitions Inc.72,516$21.1M4.47%−115−0.2%Reduced
Dimensional Fund Advisors LP69,198$21.0M0.00%+8,841+14.6%Added
Sustainable Growth Advisers, LP68,696$20.9M0.11%+3,362+5.1%Added
Scotia Capital Inc.66,696$20.3M0.10%−2,272−3.3%Reduced
Ethic Inc.62,485$18.8M0.34%−3,311−5.0%Reduced
Assetmark, Inc60,891$18.5M0.04%−623−1.0%Reduced
JustInvest LLC59,496$18.1M0.20%+7,663+14.8%Added
Jane Street Group, LLC58,997$17.9M0.03%+54,999+1,375.7%Added
MML Investors Services, LLC56,584$17.2M0.05%−6,099−9.7%Reduced
Citadel Advisors LLC55,982$17.0M0.01%+33,794+152.3%Added
Unio Capital LLC55,819$17.0M5.00%+5,548+11.0%Added
Twin Tree Management, LP54,920$16.7M0.42%+3,288+6.4%Added
Boothbay Fund Management, LLC54,323$16.5M0.52%+54,323New
Mercer Global Advisors Inc53,713$16.3M0.04%−802−1.5%Reduced
Henry James International Management, Inc.53,272$16.2M5.33%−498−0.9%Reduced