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, Q4 2025
Institutional positions in SAP SE as of Dec 31, 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
- 931
- +20 vs. Q3 2025
- Shares held
- 70.3M
- −1.71M (−2.4%) vs. Q3 2025
- Total value
- $17.0B
- −$2.19B (−11.4%) vs. Q3 2025
- New holders
- 145
- 317 more added
- Sold out
- 125
- 334 more reduced
19 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 818 | $13.0B |
| Q1 2026 | 847 | $14.9B |
| Q4 2025 | 931 | $17.0B |
| Q3 2025 | 930 | $19.3B |
| Q2 2025 | 970 | $21.9B |
| Q1 2025 | 889 | $19.6B |
| Q4 2024 | 859 | $17.4B |
| Q3 2024 | 792 | $15.8B |
| Q2 2024 | 743 | $14.2B |
| Q1 2024 | 706 | $12.6B |
| Q4 2023 | 647 | $10.2B |
| Q3 2023 | 584 | $8.50B |
| Q2 2023 | 570 | $8.11B |
| Q1 2023 | 532 | $7.49B |
| Q4 2022 | 493 | $6.17B |
| Q3 2022 | 451 | $5.05B |
| Q2 2022 | 490 | $5.45B |
| Q1 2022 | 507 | $5.93B |
| Q4 2021 | 535 | $6.76B |
| Q3 2021 | 525 | $6.82B |
| Q2 2021 | 513 | $7.25B |
| Q1 2021 | 505 | $6.49B |
Institutions, Q4 2025
Shares, value and share of portfolio for each institution holding SAP SE; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Norges Bank | 336,683 | $81.8M | 0.01% | +336,683 | New |
| Quadrature Capital Ltd | 344,191 | $83.6M | 0.85% | +238,095+224.4% | Added |
| Raymond James Financial Inc | 356,710 | $86.7M | 0.03% | −27,979−7.3% | Reduced |
| Crawford Investment Counsel Inc | 366,882 | $89.1M | 1.48% | +4,016+1.1% | Added |
| Manufacturers Life Insurance Company, The | 370,155 | $89.9M | 0.07% | −102,683−21.7% | Reduced |
| Principal Financial Group Inc | 371,491 | $90.2M | 0.05% | −10,884−2.8% | Reduced |
| Natixis Advisors, L.P. | 380,474 | $92.4M | 0.13% | −34,613−8.3% | Reduced |
| Harding Loevner LP | 386,893 | $94.0M | 0.83% | −1,913,444−83.2% | Reduced |
| TD Asset Management Inc | 390,016 | $94.7M | 0.08% | −114,662−22.7% | Reduced |
| Sands Capital Management, LLC | 394,117 | $95.7M | 0.29% | −46,153−10.5% | Reduced |
| Millennium Management LLC | 397,324 | $96.5M | 0.07% | +394,364+13,323.1% | Added |
| BNP Paribas Arbitrage, SA | 501,933 | $121.9M | 0.08% | +66,680+15.3% | Added |
| Clearbridge Investments, LLC | 543,921 | $132.1M | 0.11% | −6,313−1.1% | Reduced |
| Sustainable Growth Advisers, LP | 686,851 | $166.8M | 1.16% | −155,565−18.5% | Reduced |
| Wells Fargo & Company | 716,226 | $174.0M | 0.03% | −12,278−1.7% | Reduced |
| Royal Bank of Canada | 716,684 | $174.1M | 0.03% | +7,909+1.1% | Added |
| Envestnet Asset Management Inc | 729,876 | $177.3M | 0.05% | −214,959−22.8% | Reduced |
| WCM Investment Management, LLC | 1,119,733 | $273.9M | 0.56% | −101,855−8.3% | Reduced |
| JPMorgan Chase & Co | 1,200,024 | $291.5M | 0.02% | +83,349+7.5% | Added |
| BlackRock, Inc. | 1,222,615 | $297.0M | 0.01% | −67,663−5.2% | Reduced |
| Ameriprise Financial Inc | 1,242,468 | $301.0M | 0.07% | +122,060+10.9% | Added |
| Northern Trust Corp | 1,501,558 | $364.7M | 0.05% | −59,436−3.8% | Reduced |
| Goldman Sachs Group Inc | 1,506,072 | $365.8M | 0.05% | −13,217−0.9% | Reduced |
| Bank of America Corp | 1,742,120 | $423.2M | 0.03% | −306,470−15.0% | Reduced |
| D. E. Shaw & Co., Inc. | 2,301,078 | $559.0M | 0.42% | +1,380,047+149.8% | Added |
| Windacre Partnership LLC | 2,451,125 | $595.4M | 6.39% | +93,900+4.0% | Added |
| Capital International Investors | 3,586,780 | $873.7M | 0.14% | −423,405−10.6% | Reduced |
| Morgan Stanley | 3,681,438 | $894.3M | 0.05% | −849,746−18.8% | Reduced |
| Eagle Capital Management LLC | 4,143,430 | $1.01B | 3.13% | +1,130,878+37.5% | Added |
| FMR LLC | 6,790,713 | $1.65B | 0.08% | −135,926−2.0% | Reduced |
| Fisher Asset Management, LLC | 14,728,881 | $3.58B | 1.22% | +179,550+1.2% | Added |
| Macquarie Group Ltd | 0 | $0 | 0.00% | −995,327−100.0% | Sold out |
| Arrowstreet Capital, Limited Partnership | 0 | $0 | 0.00% | −120,987−100.0% | Sold out |
| Stony Point Capital LLC | 0 | $0 | 0.00% | −44,586−100.0% | Sold out |
| Carmignac Gestion | 0 | $0 | 0.00% | −37,500−100.0% | Sold out |
| Blair William & Co | 0 | $0 | 0.00% | −34,403−100.0% | Sold out |
| Bain Capital Public Equity Management II, LLC | 0 | $0 | 0.00% | −23,499−100.0% | Sold out |
| Keystone Investors Pte Ltd | 0 | $0 | 0.00% | −23,449−100.0% | Sold out |
| Barclays PLC | 0 | $0 | 0.00% | −18,796−100.0% | Sold out |
| Parcion Private Wealth LLC | 0 | $0 | 0.00% | −18,352−100.0% | Sold out |
| Arlington Partners LLC | 0 | $0 | 0.00% | −17,364−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −14,622−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −14,274−100.0% | Sold out |
| Calamos Wealth Management LLC | 0 | $0 | 0.00% | −12,971−100.0% | Sold out |
| Arlington Capital Management, Inc. | 0 | $0 | 0.00% | −12,835−100.0% | Sold out |
| Claudia M.P. Batlle, CRP (R) LLC | 0 | $0 | 0.00% | −11,744−100.0% | Sold out |
| Morningstar Investment Management LLC | 0 | $0 | 0.00% | −10,099−100.0% | Sold out |
| Pitcairn Co | 0 | $0 | 0.00% | −9,041−100.0% | Sold out |
| NWF Advisory Services Inc. | 0 | $0 | 0.00% | −9,036−100.0% | Sold out |
| XY Capital Ltd | 0 | $0 | 0.00% | −7,614−100.0% | Sold out |
| Dorsey Wright & Associates | 0 | $0 | 0.00% | −6,658−100.0% | Sold out |
| Advisors Preferred, LLC | 0 | $0 | 0.00% | −5,197−100.0% | Sold out |
| Advisory Resource Group | 0 | $0 | 0.00% | −4,925−100.0% | Sold out |
| AdvisorShares Investments LLC | 0 | $0 | 0.00% | −4,446−100.0% | Sold out |
| Fig Financial Advisory Services Inc | 0 | $0 | 0.00% | −4,401−100.0% | Sold out |
| Acadian Asset Management LLC | 0 | $0 | 0.00% | −4,141−100.0% | Sold out |
| Bain Capital Public Equity, LP | 0 | $0 | 0.00% | −3,650−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −3,648−100.0% | Sold out |
| Legacy Financial Advisors, Inc. | 0 | $0 | 0.00% | −3,626−100.0% | Sold out |
| One Wealth Advisors, LLC | 0 | $0 | 0.00% | −3,536−100.0% | Sold out |
| Exchange Traded Concepts, LLC | 0 | $0 | 0.00% | −3,050−100.0% | Sold out |
| Brighton Jones LLC | 0 | $0 | 0.00% | −2,998−100.0% | Sold out |
| Financial & Tax Architects, LLC | 0 | $0 | 0.00% | −2,859−100.0% | Sold out |
| Beirne Wealth Consulting Services, LLC | 0 | $0 | 0.00% | −2,778−100.0% | Sold out |
| Diligent Investors, LLC | 0 | $0 | 0.00% | −2,740−100.0% | Sold out |
| Legacy Capital Group California, Inc. | 0 | $0 | 0.00% | −2,668−100.0% | Sold out |
| Summitry LLC | 0 | $0 | 0.00% | −2,467−100.0% | Sold out |
| Stonehage Fleming Financial Services Holdings Ltd | 0 | $0 | 0.00% | −2,380−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −2,196−100.0% | Sold out |
| Abc Arbitrage SA | 0 | $0 | 0.00% | −2,195−100.0% | Sold out |
| Ninepoint Partners LP | 0 | $0 | 0.00% | −1,825−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −1,806−100.0% | Sold out |
| Simplicity Wealth,LLC | 0 | $0 | 0.00% | −1,756−100.0% | Sold out |
| Strive Asset Management, LLC | 0 | $0 | 0.00% | −1,638−100.0% | Sold out |
| Wallace Advisory Group, LLC | 0 | $0 | 0.00% | −1,351−100.0% | Sold out |
| Farringdon Capital, Ltd. | 0 | $0 | 0.00% | −1,504−100.0% | Sold out |
| 1248 Management, LLC | 0 | $0 | 0.00% | −1,494−100.0% | Sold out |
| CenterBook Partners LP | 0 | $0 | 0.00% | −1,463−100.0% | Sold out |
| Jefferies Financial Group Inc. | 0 | $0 | 0.00% | −1,449−100.0% | Sold out |
| Net Worth Advisory Group | 0 | $0 | 0.00% | −1,448−100.0% | Sold out |
| Pekin Hardy Strauss, Inc. | 0 | $0 | 0.00% | −1,430−100.0% | Sold out |
| Hamilton Wealth, LLC | 0 | $0 | 0.00% | −1,390−100.0% | Sold out |
| Blue Barn Wealth, LLC | 0 | $0 | 0.00% | −1,383−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −1,361−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −1,352−100.0% | Sold out |
| Wilkinson Global Asset Management LLC | 0 | $0 | 0.00% | −1,320−100.0% | Sold out |
| Aureus Asset Management, LLC | 0 | $0 | 0.00% | −1,292−100.0% | Sold out |
| Arete Wealth Advisors, LLC | 0 | $0 | 0.00% | −1,275−100.0% | Sold out |
| Parnassus Investments | 0 | $0 | 0.00% | −1,222−100.0% | Sold out |
| Atom Investors LP | 0 | $0 | 0.00% | −1,170−100.0% | Sold out |
| Contravisory Investment Management, Inc. | 0 | $0 | 0.00% | −1,166−100.0% | Sold out |
| Papamarkou Wellner Asset Management inc. | 0 | $0 | 0.00% | −1,147−100.0% | Sold out |
| Carter Financial Group, INC. | 0 | $0 | 0.00% | −1,093−100.0% | Sold out |
| EntryPoint Capital, LLC | 0 | $0 | 0.00% | −1,085−100.0% | Sold out |
| Beacon Financial Group | 0 | $0 | 0.00% | −1,084−100.0% | Sold out |
| Veracity Capital LLC | 0 | $0 | 0.00% | −1,073−100.0% | Sold out |
| Burns Matteson Capital Management, LLC | 0 | $0 | 0.00% | −1,010−100.0% | Sold out |
| Verdence Capital Advisors LLC | 0 | $0 | 0.00% | −911−100.0% | Sold out |
| Paragon Private Wealth Management, LLC | 0 | $0 | 0.00% | −927−100.0% | Sold out |
| Glenview Trust Co | 0 | $0 | 0.00% | −921−100.0% | Sold out |