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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
Cerity Partners LLC104,608$31.8M0.06%+17,378+19.9%Added
CIBC Private Wealth Group, LLC105,824$32.2M0.06%+100,055+1,734.4%Added
Charles Schwab Investment Management Inc106,582$32.4M0.01%+17,728+20.0%Added
Obermeyer Wood Investment Counsel, LLLP108,284$32.9M1.64%+1,560+1.5%Added
Bain Capital Public Equity Management II, LLC110,064$33.5M1.59%+58,398+113.0%Added
GF Fund Management Co. Ltd.111,393$33.9M0.68%+94,416+556.1%Added
Coerente Capital Management111,793$34.0M6.25%−1,681−1.5%Reduced
American Century Companies Inc113,547$34.5M0.02%+7,165+6.7%Added
Causeway Capital Management LLC115,049$35.0M0.55%−40,090−25.8%Reduced
O'Shaughnessy Asset Management, LLC115,735$35.2M0.24%+6,703+6.1%Added
Main Street Research LLC120,723$36.7M2.29%+955+0.8%Added
LPL Financial LLC123,761$37.6M0.01%+8,211+7.1%Added
Alliancebernstein L.P.124,322$37.8M0.01%+91,781+282.0%Added
BNP Paribas Arbitrage, SA126,624$38.5M0.03%−240,247−65.5%Reduced
Allspring Global Investments Holdings, LLC128,100$38.5M0.06%+66,551+108.1%Added
Creative Planning126,725$38.5M0.03%+12,316+10.8%Added
Cidel Asset Management Inc127,005$38.6M2.32%+21,372+20.2%Added
Stifel Financial Corp134,418$40.9M0.04%−20,432−13.2%Reduced
Jarislowsky, Fraser Ltd144,581$44.0M0.25%+23,167+19.1%Added
Lord, Abbett & Co. LLC146,294$44.5M0.14%+146,294New
Manufacturers Life Insurance Company, The147,289$44.8M0.04%−9,695−6.2%Reduced
Mar Vista Investment Partners LLC147,365$44.8M3.43%−31,990−17.8%Reduced
US Bancorp151,738$46.1M0.06%+16,726+12.4%Added
Voya Investment Management LLC162,140$49.3M0.05%+162,140New
Arrowstreet Capital, Limited Partnership166,169$50.5M0.04%−331,193−66.6%Reduced
UBS Group AG168,462$51.2M0.01%−184,355−52.3%Reduced
Becker Capital Management Inc169,738$51.6M1.61%−1,965−1.1%Reduced
Trivest Advisors Ltd172,000$52.3M2.03%+172,000New
Massachusetts Financial Services Co173,051$52.6M0.02%+15,451+9.8%Added
Marsico Capital Management LLC177,558$54.0M1.46%+4,050+2.3%Added
GWM Advisors LLC189,485$57.6M0.30%−2,968−1.5%Reduced
SEI Investments Co200,376$60.9M0.07%+4,647+2.4%Added
Jennison Associates LLC221,349$67.3M0.04%+146,325+195.0%Added
Neuberger Berman Group LLC241,048$73.3M0.06%−21,648−8.2%Reduced
Night Owl Capital Management, LLC242,973$73.9M8.54%+7,125+3.0%Added
Bank of Montreal258,272$78.5M0.04%−16,715−6.1%Reduced
First Trust Advisors LP266,843$81.1M0.07%−29,712−10.0%Reduced
Bank of New York Mellon Corp273,452$83.2M0.02%−19,539−6.7%Reduced
Lazard Asset Management LLC274,298$83.4M0.11%−5,919−2.1%Reduced
Aviso Financial Inc.279,301$84.9M3.83%−41,747−13.0%Reduced
Oribel Capital Management, LP285,500$86.8M4.60%+285,500New
Sands Capital Management, LLC289,386$88.0M0.25%+66,354+29.8%Added
Crawford Investment Counsel Inc361,631$110.0M1.92%−16,847−4.5%Reduced
Principal Financial Group Inc389,184$118.4M0.06%−5,810−1.5%Reduced
Raymond James Financial Inc392,269$119.3M0.04%−53,838−12.1%Reduced
Natixis Advisors, L.P.405,892$123.4M0.20%+19,889+5.2%Added
Qube Research & Technologies Ltd408,315$124.2M0.17%+369,484+951.5%Added
Polen Capital Management LLC486,471$147.9M0.45%−56,228−10.4%Reduced
Wellington Management Group LLP524,577$159.5M0.03%−86,371−14.1%Reduced
Clearbridge Investments, LLC595,612$181.1M0.15%−31,672−5.0%Reduced
Citigroup Inc613,966$186.7M0.13%+500,710+442.1%Added
Wells Fargo & Company805,801$245.0M0.05%−88,863−9.9%Reduced
Royal Bank of Canada809,161$246.1M0.05%+59,868+8.0%Added
Envestnet Asset Management Inc969,185$294.7M0.09%−40,833−4.0%Reduced
Windacre Partnership LLC1,020,900$310.5M4.25%00.0%Unchanged
JPMorgan Chase & Co1,087,751$330.8M0.02%+78,306+7.8%Added
Ameriprise Financial Inc1,089,602$331.8M0.08%−39,971−3.5%Reduced
Macquarie Group Ltd1,111,060$337.9M0.41%−170,066−13.3%Reduced
WCM Investment Management, LLC1,224,778$368.8M0.84%−4,308−0.4%Reduced
BlackRock, Inc.1,317,241$400.6M0.01%+127,325+10.7%Added
TD Asset Management Inc1,496,743$455.2M0.39%−166,066−10.0%Reduced
Northern Trust Corp1,511,883$459.8M0.06%−841−0.1%Reduced
Goldman Sachs Group Inc1,935,383$588.5M0.10%+616,475+46.7%Added
Harding Loevner LP2,465,593$749.7M5.04%−47,558−1.9%Reduced
Bank of America Corp2,650,418$806.0M0.06%+973,779+58.1%Added
Eagle Capital Management LLC3,007,780$914.7M3.01%−294,592−8.9%Reduced
Morgan Stanley3,480,173$1.06B0.07%+297,090+9.3%Added
Capital International Investors4,058,089$1.23B0.21%−3,231,330−44.3%Reduced
FMR LLC9,018,224$2.74B0.15%−1,228,695−12.0%Reduced
Fisher Asset Management, LLC14,157,321$4.31B1.71%+1,163,616+9.0%Added
Marshall Wace, LLP0$00.00%−339,134−100.0%Sold out
WT Asset Management Ltd0$00.00%−131,233−100.0%Sold out
iA Global Asset Management Inc.0$00.00%−19,010−100.0%Sold out
SG Americas Securities, LLC0$00.00%−16,426−100.0%Sold out
Adage Capital Partners GP, L.L.C.0$00.00%−15,000−100.0%Sold out
Pacer Advisors, Inc.0$00.00%−14,730−100.0%Sold out
D. E. Shaw & Co., Inc.0$00.00%−8,067−100.0%Sold out
NWF Advisory Services Inc.0$00.00%−7,686−100.0%Sold out
Pinnbrook Capital Management LP0$00.00%−7,370−100.0%Sold out
Walleye Capital LLC0$00.00%−5,618−100.0%Sold out
Thames Capital Management LLC0$00.00%−4,794−100.0%Sold out
Parallax Volatility Advisers, L.P.0$00.00%−4,713−100.0%Sold out
Thoroughbred Financial Services, LLC0$00.00%−4,397−100.0%Sold out
Blair William & Co0$00.00%−3,833−100.0%Sold out
Quantitative Investment Management, LLC0$00.00%−3,149−100.0%Sold out
Legacy Financial Advisors, Inc.0$00.00%−3,145−100.0%Sold out
Simon Quick Advisors, LLC0$00.00%−2,874−100.0%Sold out
Quantbot Technologies LP0$00.00%−2,647−100.0%Sold out
Hexagon Capital Partners LLC0$00.00%−2,576−100.0%Sold out
Prelude Capital Management, LLC0$00.00%−2,400−100.0%Sold out
DRW Securities, LLC0$00.00%−1,983−100.0%Sold out
Lebenthal Global Advisors, LLC0$00.00%−1,971−100.0%Sold out
Bank of Hawaii0$00.00%−1,861−100.0%Sold out
Two Sigma Securities, LLC0$00.00%−1,673−100.0%Sold out
CenterStar Asset Management, LLC0$00.00%−1,518−100.0%Sold out
44 Wealth Management LLC0$00.00%−1,482−100.0%Sold out
Guggenheim Capital LLC0$00.00%−1,450−100.0%Sold out
Polymer Capital Management (HK) LTD0$00.00%−1,450−100.0%Sold out
Claro Advisors LLC0$00.00%−1,430−100.0%Sold out
Centiva Capital, LP0$00.00%−1,374−100.0%Sold out