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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
Toroso Investments, LLC18,746$5.01M0.02%+895+5.0%Added
Americana Partners, LLC18,405$4.92M0.15%+127+0.7%Added
Forum Financial Management, LP18,390$4.91M0.07%+711+4.0%Added
NewEdge Wealth, LLC18,819$4.91M0.07%+3,424+22.2%Added
Parcion Private Wealth LLC18,352$4.90M0.31%−1,819−9.0%Reduced
Equitable Trust Co18,245$4.88M0.22%−227−1.2%Reduced
Arlington Partners LLC17,364$4.64M1.60%+2,403+16.1%Added
Thornburg Investment Management Inc17,339$4.63M0.06%−7,421−30.0%Reduced
Saturna Capital CORP16,778$4.48M0.06%−3,171−15.9%Reduced
Northwestern Mutual Wealth Management Co16,087$4.30M0.00%−17,881−52.6%Reduced
Bailard, Inc.15,988$4.27M0.09%+373+2.4%Added
JCIC Asset Management Inc.15,865$4.24M1.33%+15,865New
Fifth Third Bancorp15,734$4.20M0.01%−342−2.1%Reduced
Commonwealth Equity Services, LLC15,572$4.16M0.01%−2,324−13.0%Reduced
Yousif Capital Management, LLC15,453$4.13M0.04%00.0%Unchanged
Voleon Capital Management LP15,451$4.13M0.10%+15,451New
Perigon Wealth Management, LLC15,402$4.12M0.08%+4,256+38.2%Added
Highland Capital Management, LLC15,185$4.06M0.20%+50+0.3%Added
Walleye Trading LLC14,864$3.97M0.06%−1,167−7.3%Reduced
IMC-Chicago, LLC14,622$3.91M0.07%−873−5.6%Reduced
Vise Technologies, Inc.14,526$3.88M0.14%−119−0.8%Reduced
Nuveen, LLC14,521$3.88M0.00%−1,275−8.1%Reduced
Diversify Wealth Management, LLC14,601$3.85M0.22%−932−6.0%Reduced
Cubist Systematic Strategies, LLC14,354$3.84M0.05%+14,354New
Kovitz Investment Group Partners, LLC14,274$3.81M0.01%+4,325+43.5%Added
Sequoia Financial Advisors, LLC14,073$3.76M0.02%+197+1.4%Added
Douglass Winthrop Advisors, LLC14,010$3.74M0.07%+14,010New
Bessemer Group Inc13,941$3.73M0.01%−1,221−8.1%Reduced
Keybank National Association13,938$3.72M0.01%−138−1.0%Reduced
Envestnet Portfolio Solutions, Inc.13,841$3.70M0.01%−1,976−12.5%Reduced
Parr McKnight Wealth Management Group, LLC13,656$3.65M0.48%+199+1.5%Added
Horizon Investments, LLC13,304$3.55M0.05%+2,555+23.8%Added
Advisors Asset Management, Inc.13,265$3.54M0.06%+367+2.8%Added
Evergreen Capital Management LLC13,105$3.50M0.08%+1,924+17.2%Added
Calamos Wealth Management LLC12,971$3.47M0.13%−4,907−27.4%Reduced
Arlington Capital Management, Inc.12,835$3.43M2.19%+4,889+61.5%Added
Coldstream Capital Management Inc12,717$3.40M0.05%+3,280+34.8%Added
New York State Common Retirement Fund12,595$3.37M0.00%−2,012−13.8%Reduced
Davenport & Co LLC12,532$3.35M0.02%+254+2.1%Added
HB Wealth Management, LLC12,219$3.27M0.02%+2,303+23.2%Added
State Street Corp12,178$3.25M0.00%00.0%Unchanged
Kayne Anderson Rudnick Investment Management LLC12,153$3.25M0.01%+394+3.4%Added
Exencial Wealth Advisors, LLC12,029$3.21M0.10%+960+8.7%Added
Qtron Investments LLC12,012$3.21M0.40%−313−2.5%Reduced
Skopos Labs, Inc.10,580$3.19M0.43%−73−0.7%Reduced
Claudia M.P. Batlle, CRP (R) LLC11,744$3.14M1.16%+7,714+191.4%Added
Atomi Financial Group, Inc.11,655$3.11M0.10%−1,462−11.1%Reduced
Navellier & Associates Inc11,586$3.10M0.31%+246+2.2%Added
United Capital Financial Advisers, LLC11,327$3.03M0.02%−358−3.1%Reduced
Alaethes Wealth LLC10,983$2.93M0.83%−273−2.4%Reduced
Terry L. Blaker10,971$2.93M0.11%+10,971New
Ravenswood Partners LP10,839$2.90M0.92%+10,839New
Regions Financial Corp10,697$2.86M0.02%−2,016−15.9%Reduced
180 GPS Investments IC Ltd10,406$2.78M1.62%+10,406New
Independent Advisor Alliance10,289$2.75M0.07%+23+0.2%Added
Nomura Asset Management Co Ltd10,190$2.72M0.01%−6,090−37.4%Reduced
Principal Securities, Inc.10,124$2.71M0.04%+337+3.4%Added
Morningstar Investment Management LLC10,099$2.70M0.10%+10,099New
Weatherly Asset Management L. P.9,908$2.65M0.22%−222−2.2%Reduced
Atlantic Union Bankshares Corp9,799$2.62M0.05%+7,188+275.3%Added
TD Waterhouse Canada Inc.9,450$2.55M0.02%−7,079−42.8%Reduced
William Blair Investment Management, LLC9,515$2.54M0.01%−3,006−24.0%Reduced
Sterling Capital Management LLC9,353$2.50M0.04%+1,208+14.8%Added
Prospera Financial Services Inc9,229$2.47M0.04%+975+11.8%Added
Pitcairn Co9,041$2.42M0.19%−2,383−20.9%Reduced
NWF Advisory Services Inc.9,036$2.41M0.27%+9,036New
Aptus Capital Advisors, LLC9,008$2.41M0.02%−569−5.9%Reduced
Venturi Wealth Management, LLC8,952$2.39M0.11%−176−1.9%Reduced
Snowden Capital Advisors LLC8,931$2.39M0.07%−513−5.4%Reduced
Dorsey & Whitney Trust CO LLC8,921$2.38M0.13%−40.0%Reduced
Marks Group Wealth Management, Inc8,894$2.38M0.22%+798+9.9%Added
Gibbs Wealth Management8,716$2.33M0.53%−2,297−20.9%Reduced
Benjamin Edwards Inc8,663$2.31M0.03%+2,835+48.6%Added
Smartleaf Asset Management LLC8,762$2.31M0.14%+1,530+21.2%Added
Aaron Wealth Advisors8,623$2.30M0.14%−610−6.6%Reduced
China Universal Asset Management Co., Ltd.8,600$2.30M0.19%−8,100−48.5%Reduced
Legacy Wealth Asset Management, LLC8,570$2.29M0.56%+32+0.4%Added
Ellevest, Inc.8,455$2.26M0.32%−2,239−20.9%Reduced
Personal Cfo Solutions, LLC8,449$2.26M0.40%+194+2.4%Added
Cunning Capital Partners, LP8,407$2.25M1.04%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.8,342$2.23M0.08%+4,672+127.3%Added
Analyst IMS Investment Management Services Ltd.8,150$2.18M0.07%00.0%Unchanged
Cresset Asset Management, LLC8,086$2.16M0.01%+92+1.2%Added
Mount Yale Investment Advisors, LLC8,004$2.14M0.15%−10,364−56.4%Reduced
Arkadios Wealth Advisors7,885$2.11M0.05%+1,733+28.2%Added
Prime Capital Investment Advisors, LLC7,851$2.10M0.03%+302+4.0%Added
Ballentine Partners, LLC7,823$2.09M0.03%−374−4.6%Reduced
Banco de Sabadell, S.A7,704$2.06M1.36%−683−8.1%Reduced
XY Capital Ltd7,614$2.03M1.69%+7,614New
Natural Investments, LLC7,606$2.03M0.50%+5+0.1%Added
Louisbourg Investments Inc.7,580$2.03M0.44%+3,400+81.3%Added
Diversify Advisory Services, LLC7,642$2.02M0.07%−2,341−23.4%Reduced
SevenBridge Financial Group, LLC7,828$1.98M0.33%−381−4.6%Reduced
Lester Murray Antman dba SimplyRich7,375$1.97M0.53%00.0%Unchanged
Kestra Advisory Services, LLC7,292$1.95M0.01%−494−6.3%Reduced
First Affirmative Financial Network7,291$1.95M0.92%+439+6.4%Added
Burney Co7,267$1.94M0.06%−91−1.2%Reduced
Merit Financial Group, LLC7,085$1.89M0.02%+49+0.7%Added
Advisors Capital Management, LLC6,918$1.85M0.02%+736+11.9%Added
BTC Capital Management, Inc.6,919$1.85M0.13%+2,488+56.1%Added