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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, Q3 2025

Institutional positions in SAP SE as of Sep 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
930
−27 vs. Q2 2025
Shares held
72.4M
+483.8K (+0.7%) vs. Q2 2025
Total value
$19.3B
−$2.53B (−11.6%) vs. Q2 2025
New holders
109
340 more added
Sold out
136
334 more reduced

13 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 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 holdersQ3 2025: 930 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 heldQ3 2025: $19.3B
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, Q3 2025

Shares, value and share of portfolio for each institution holding SAP SE; share changes are against Q2 2025.

Institutions holding SAP in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Commerce Bank2,863$765.0K0.00%+121+4.4%Added
Rehmann Capital Advisory Group2,868$767.1K0.04%+405+16.4%Added
FDx Advisors, Inc.2,952$768.0K0.23%−185−5.9%Reduced
D.A. Davidson & Co.2,877$768.8K0.00%−57−1.9%Reduced
Henshaw Capital LLC2,888$771.7K0.03%−4,550−61.2%Reduced
Northwest & Ethical Investments L.P.2,894$775.2K0.02%−1,547−34.8%Reduced
Sivia Capital Partners, LLC2,914$778.6K0.22%−136−4.5%Reduced
Group One Trading, L.P.2,948$787.7K0.02%+2,948New
Millennium Management LLC2,960$790.9K0.00%−3,201−52.0%Reduced
Roman Butler Fullerton & Co3,050$791.8K0.21%+533+21.2%Added
Brighton Jones LLC2,998$801.0K0.02%−89−2.9%Reduced
ForthRight Wealth Management, LLC3,039$812.1K0.24%00.0%Unchanged
Keel Point, LLC3,046$814.0K0.05%−106−3.4%Reduced
Exchange Traded Concepts, LLC3,050$815.0K0.01%+3,050New
Insigneo Advisory Services, LLC3,052$815.5K0.06%+413+15.6%Added
U.S. Capital Wealth Advisors, LLC3,098$827.8K0.02%−177−5.4%Reduced
Mesirow Financial Investment Management, Inc.3,103$829.2K0.01%+125+4.2%Added
Custom Index Systems, LLC3,108$830.5K0.25%+6+0.2%Added
Steward Partners Investment Advisory, LLC3,151$841.9K0.00%−275−8.0%Reduced
Denali Advisors LLC3,180$849.8K0.10%−2,317−42.2%Reduced
Cordatus Wealth Management LLC3,236$864.7K0.20%+6+0.2%Added
Optas, LLC3,252$869.0K0.15%+14+0.4%Added
Alps Advisors Inc3,365$899.2K0.01%+539+19.1%Added
Janus Henderson Group PLC3,367$900.0K0.00%−817−19.5%Reduced
Howard Capital Management Group, LLC3,375$901.8K0.06%00.0%Unchanged
Journey Advisory Group, LLC3,384$904.2K0.07%+305+9.9%Added
May Hill Capital, LLC3,403$909.3K0.27%−219−6.0%Reduced
Lockheed Martin Investment Management Co3,420$913.9K0.03%−280−7.6%Reduced
Sagespring Wealth Partners, LLC3,439$918.9K0.02%−266−7.2%Reduced
Clarius Group, LLC3,441$919.5K0.05%−679−16.5%Reduced
Sage Rhino Capital LLC3,455$923.2K0.18%+17+0.5%Added
Meridian Wealth Management, LLC3,475$928.6K0.04%+2,013+137.7%Added
One Wealth Advisors, LLC3,536$944.9K0.12%+172+5.1%Added
Sendero Wealth Management, LLC3,587$958.5K0.11%−63−1.7%Reduced
Dynasty Wealth Management, LLC3,608$964.1K0.01%+3,608New
Legacy Financial Advisors, Inc.3,626$968.9K0.13%+3,626New
Dynamic Advisor Solutions LLC3,647$974.5K0.03%+988+37.2%Added
Clear Street Markets LLC3,648$974.8K0.32%−2,771−43.2%Reduced
Bain Capital Public Equity, LP3,650$975.3K0.62%−3,624−49.8%Reduced
Mission Wealth Management, LP3,668$980.2K0.02%+77+2.1%Added
Valeo Financial Advisors, LLC3,671$980.9K0.02%+270+7.9%Added
Fidelis Capital Partners, LLC3,698$988.1K0.08%+2,828+325.1%Added
SOL Capital Management CO3,708$991.0K0.09%00.0%Unchanged
Price T Rowe Associates Inc3,702$991.0K0.00%+458+14.1%Added
Hilltop Holdings Inc.3,720$994.0K0.05%+109+3.0%Added
Tritonpoint Wealth, LLC3,752$1.00M0.09%+24+0.6%Added
Versant Capital Management, Inc3,757$1.00M0.14%+64+1.7%Added
Haverford Trust Co3,769$1.01M0.01%−140−3.6%Reduced
Ascent Group, LLC3,781$1.01M0.04%−141−3.6%Reduced
Pensionmark Financial Group, LLC3,821$1.02M0.02%+78+2.1%Added
Apollon Wealth Management, LLC3,848$1.03M0.02%−1,058−21.6%Reduced
Modera Wealth Management, LLC3,864$1.03M0.01%−153−3.8%Reduced
Principal Street Partners, LLC3,868$1.03M0.16%−7,504−66.0%Reduced
Norden Group LLC3,902$1.04M0.11%−84−2.1%Reduced
Resources Investment Advisors, LLC.3,903$1.04M0.01%−1,003−20.4%Reduced
CWM, LLC3,949$1.05M0.00%+397+11.2%Added
Wealth Alliance3,957$1.06M0.11%+19+0.5%Added
Public Employees Retirement System of Ohio4,000$1.07M0.00%00.0%Unchanged
SlateStone Wealth, LLC4,016$1.07M0.09%+70+1.8%Added
Kathmere Capital Management, LLC4,019$1.07M0.08%+40+1.0%Added
Summit Trail Advisors, LLC4,098$1.10M0.02%+343+9.1%Added
AE Wealth Management LLC4,106$1.10M0.01%+231+6.0%Added
Acadian Asset Management LLC4,141$1.11M0.00%−4,085−49.7%Reduced
Concurrent Investment Advisors, LLC4,165$1.11M0.02%+320+8.3%Added
Natixis4,186$1.12M0.01%−3−0.1%Reduced
LVW Advisors, LLC4,201$1.12M0.12%−323−7.1%Reduced
Ronald Blue Trust, Inc.4,324$1.16M0.01%+708+19.6%Added
MAI Capital Management4,371$1.17M0.01%−688−13.6%Reduced
Frank, Rimerman Advisors LLC4,392$1.17M0.08%−3,114−41.5%Reduced
Fig Financial Advisory Services Inc4,401$1.18M0.74%+353+8.7%Added
AdvisorShares Investments LLC4,446$1.19M0.19%−715−13.9%Reduced
Clearstead Advisors, LLC4,520$1.21M0.02%−102−2.2%Reduced
Brucke Financial, Inc.4,657$1.21M0.71%+816+21.2%Added
Profund Advisors LLC4,613$1.23M0.04%−1,133−19.7%Reduced
PDS Planning, Inc4,672$1.25M0.09%−168−3.5%Reduced
Bridgewater Advisors Inc.4,937$1.25M0.09%−107−2.1%Reduced
Gabelli Funds LLC4,720$1.26M0.01%+220+4.9%Added
Brown Advisory Inc4,786$1.28M0.00%−636−11.7%Reduced
Canandaigua National Bank & Trust Co4,868$1.30M0.11%−253−4.9%Reduced
Mitchell & Pahl Private Wealth, LLC4,920$1.31M0.55%−6−0.1%Reduced
Advisory Resource Group4,925$1.32M0.24%+4,925New
Greenleaf Trust4,940$1.32M0.01%−91−1.8%Reduced
Jones Financial Companies LLLP4,997$1.32M0.00%+1,348+36.9%Added
Intrust Bank NA4,953$1.32M0.11%−165−3.2%Reduced
Farther Finance Advisors, LLC4,956$1.32M0.02%+906+22.4%Added
Modern Wealth Management, LLC5,000$1.34M0.03%−106−2.1%Reduced
HighPoint Advisor Group LLC5,034$1.35M0.06%+80+1.6%Added
Confluence Investment Management LLC5,060$1.35M0.02%+321+6.8%Added
Daiwa Securities Group Inc.5,079$1.36M0.00%+99+2.0%Added
Campbell & CO Investment Adviser LLC5,086$1.36M0.10%−4,407−46.4%Reduced
Johnson Investment Counsel Inc5,178$1.38M0.01%−1,455−21.9%Reduced
Advisors Preferred, LLC5,197$1.40M0.21%+5,197New
Private Advisor Group, LLC5,278$1.41M0.01%+106+2.0%Added
Cambridge Investment Research Advisors, Inc.5,293$1.41M0.00%+795+17.7%Added
Capital Group Private Client Services, Inc.5,299$1.42M0.02%−3,516−39.9%Reduced
Pinnacle Associates Ltd5,329$1.42M0.02%−127−2.3%Reduced
Syon Capital LLC5,391$1.44M0.08%−910−14.4%Reduced
Northern Financial Advisors Inc5,397$1.44M0.76%−3−0.1%Reduced
GAMMA Investing LLC5,413$1.45M0.08%−105−1.9%Reduced
AlphaCore Capital LLC5,447$1.46M0.05%+3,845+240.0%Added