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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
Zions Bancorporation, National Association6,758$2.06M0.11%+874+14.9%Added
ICONIQ Capital, LLC6,672$2.03M0.03%+1,492+28.8%Added
Johnson Investment Counsel Inc6,633$2.02M0.02%−25−0.4%Reduced
Parallel Advisors, LLC6,484$1.97M0.04%+248+4.0%Added
Clear Street Markets LLC6,419$1.95M0.70%+6,419New
DMG Group, LLC6,373$1.94M1.51%+106+1.7%Added
Congress Wealth Management LLC6,366$1.94M0.02%+2,500+64.7%Added
Checchi Capital Advisers, LLC6,353$1.93M0.13%+57+0.9%Added
Clough Capital Partners L P6,319$1.92M0.19%+169+2.7%Added
Syon Capital LLC6,301$1.92M0.13%+1,348+27.2%Added
Gluskin Sheff & Assoc Inc6,209$1.89M0.23%−2,469−28.5%Reduced
Portside Wealth Group, LLC6,206$1.89M0.28%−164−2.6%Reduced
Advisors Capital Management, LLC6,182$1.88M0.03%+3,574+137.0%Added
Millennium Management LLC6,161$1.87M0.00%−76,883−92.6%Reduced
Arkadios Wealth Advisors6,152$1.87M0.06%−1,860−23.2%Reduced
Connable Office Inc6,100$1.86M0.18%−452−6.9%Reduced
J.W. Cole Advisors, Inc.6,031$1.83M0.04%+5,054+517.3%Added
Fiduciary Alliance LLC6,022$1.83M0.14%+77+1.3%Added
Palogic Value Management, L.P.6,013$1.83M0.77%+50+0.8%Added
Telligent Fund, LP6,000$1.82M1.67%+6,000New
FORA Capital, LLC5,915$1.80M0.20%+5,915New
Stablepoint Partners, LLC5,898$1.79M0.31%+83+1.4%Added
Madison Asset Management, LLC5,850$1.78M0.02%−3,058−34.3%Reduced
Calamos Advisors LLC5,841$1.78M0.01%−1,728−22.8%Reduced
Pinnacle Wealth Planning Services, Inc.5,828$1.77M0.23%−267−4.4%Reduced
Benjamin Edwards Inc5,828$1.77M0.02%−1,484−20.3%Reduced
Family Legacy Financial Solutions, LLC5,839$1.77M1.50%+5,839New
Covenant Partners, LLC5,763$1.75M0.52%00.0%Unchanged
Profund Advisors LLC5,746$1.75M0.06%+199+3.6%Added
Cypress Advisory Group LLC5,718$1.74M1.35%00.0%Unchanged
Asset Dedication, LLC5,575$1.70M0.12%+35+0.6%Added
GAMMA Investing LLC5,518$1.68M0.11%+652+13.4%Added
Denali Advisors LLC5,497$1.67M0.17%+5+0.1%Added
Deutsche Bank AG5,488$1.67M0.00%−99,772−94.8%Reduced
Pinnacle Associates Ltd5,456$1.66M0.02%−3−0.1%Reduced
Brown Advisory Inc5,422$1.65M0.00%+3,893+254.6%Added
Northern Financial Advisors Inc5,400$1.64M1.23%−44−0.8%Reduced
Headlands Technologies LLC5,343$1.62M0.19%+5,343New
Whittier Trust Co of Nevada Inc5,328$1.62M0.04%+1,349+33.9%Added
E Fund Management Co., Ltd.5,245$1.60M0.08%+3,547+208.9%Added
Private Advisor Group, LLC5,172$1.57M0.01%−283−5.2%Reduced
AdvisorShares Investments LLC5,161$1.57M0.28%+875+20.4%Added
Canandaigua National Bank & Trust Co5,121$1.56M0.14%−212−4.0%Reduced
Intrust Bank NA5,118$1.56M0.14%+269+5.5%Added
Lincluden Management Ltd5,106$1.55M0.17%−64−1.2%Reduced
Modern Wealth Management, LLC5,106$1.55M0.04%+443+9.5%Added
MAI Capital Management5,059$1.54M0.01%+943+22.9%Added
Summit Global Investments5,034$1.53M0.09%−1,115−18.1%Reduced
Greenleaf Trust5,031$1.53M0.01%−136−2.6%Reduced
FNY Investment Advisers, LLC5,000$1.52M0.65%+5,000New
UBS Asset Management Americas Inc4,987$1.52M0.00%−5,000−50.1%Reduced
Daiwa Securities Group Inc.4,980$1.51M0.01%+618+14.2%Added
HighPoint Advisor Group LLC4,954$1.51M0.08%−232−4.5%Reduced
Mitchell & Pahl Private Wealth, LLC4,926$1.50M0.66%+51+1.0%Added
Apollon Wealth Management, LLC4,906$1.49M0.03%+475+10.7%Added
Resources Investment Advisors, LLC.4,906$1.49M0.02%+57+1.2%Added
TownSquare Capital, LLC4,885$1.49M0.14%−47,182−90.6%Reduced
Williamson Legacy Group, LLC4,881$1.48M1.25%−3,818−43.9%Reduced
Verdence Capital Advisors LLC4,844$1.47M0.10%−1,528−24.0%Reduced
PDS Planning, Inc4,840$1.47M0.11%+309+6.8%Added
Bayesian Capital Management, LP4,802$1.46M0.23%+4,802New
Bridgewater Advisors Inc.5,044$1.45M0.11%+373+8.0%Added
Confluence Investment Management LLC4,739$1.44M0.02%+61+1.3%Added
Clearstead Advisors, LLC4,622$1.41M0.02%+982+27.0%Added
Wealthstar Advisors, LLC4,564$1.39M0.52%+4,564New
Integrated Wealth Concepts LLC4,527$1.38M0.01%+1,607+55.0%Added
LVW Advisors, LLC4,524$1.38M0.15%−440−8.9%Reduced
Gabelli Funds LLC4,500$1.37M0.01%00.0%Unchanged
Cambridge Investment Research Advisors, Inc.4,498$1.37M0.00%−1,802−28.6%Reduced
PEAK6 LLC4,499$1.37M0.05%+4,497+224,850.0%Added
Thrivent Financial for Lutherans4,495$1.35M0.00%+43+1.0%Added
Wolverine Trading, LLC4,500$1.35M0.03%+995+28.4%Added
Northwest & Ethical Investments L.P.4,441$1.35M0.03%−700−13.6%Reduced
Genus Capital Management Inc.4,433$1.35M0.17%00.0%Unchanged
BTC Capital Management, Inc.4,431$1.35M0.11%+4,431New
Janus Henderson Group PLC4,184$1.27M0.00%+1,803+75.7%Added
Entropy Technologies, LP4,182$1.27M0.10%+4,182New
Louisbourg Investments Inc.4,180$1.27M0.30%00.0%Unchanged
Natixis4,189$1.27M0.01%+4,189New
Clarius Group, LLC4,120$1.25M0.07%+79+2.0%Added
Morse Asset Management, Inc4,112$1.25M0.27%+1,671+68.5%Added
Farther Finance Advisors, LLC4,050$1.23M0.02%+1,141+39.2%Added
Fig Financial Advisory Services Inc4,048$1.23M0.82%+4,048New
Claudia M.P. Batlle, CRP (R) LLC4,030$1.23M0.26%+4,030New
Modera Wealth Management, LLC4,017$1.22M0.02%+164+4.3%Added
Public Employees Retirement System of Ohio4,000$1.22M0.00%−73,646−94.8%Reduced
Norden Group LLC3,986$1.21M0.13%−210−5.0%Reduced
Kathmere Capital Management, LLC3,979$1.21M0.09%−32−0.8%Reduced
SlateStone Wealth, LLC3,946$1.20M0.11%00.0%Unchanged
Wealth Alliance3,938$1.20M0.13%−561−12.5%Reduced
Ascent Group, LLC3,922$1.19M0.05%−253−6.1%Reduced
Haverford Trust Co3,909$1.19M0.01%−1,617−29.3%Reduced
Integrated Quantitative Investments LLC3,904$1.19M0.35%+3,904New
Beacon Pointe Advisors, LLC3,890$1.18M0.01%−347−8.2%Reduced
AE Wealth Management LLC3,875$1.18M0.01%+933+31.7%Added
Tower Research Capital LLC (TRC)3,851$1.17M0.03%+3,830+18,238.1%Added
Concurrent Investment Advisors, LLC3,845$1.17M0.02%+604+18.6%Added
Brucke Financial, Inc.3,841$1.17M0.81%−7−0.2%Reduced
Permanens Capital L.P.3,832$1.17M0.16%+677+21.5%Added
Summit Trail Advisors, LLC3,755$1.14M0.02%+3,755New