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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, 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.

Institutional holdersQ4 2025: 931 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 heldQ4 2025: $17.0B
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, Q4 2025

Shares, value and share of portfolio for each institution holding SAP SE; share changes are against Q3 2025.

Institutions holding SAP in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
IMG Wealth Management, Inc.75$18.2K0.01%00.0%Unchanged
Evelyn Partners Investment Management Services Ltd76$18.5K0.00%00.0%Unchanged
Perkins Coie Trust Co80$19.4K0.00%−120−60.0%Reduced
WealthCollab, LLC83$20.2K0.01%00.0%Unchanged
Glen Eagle Advisors, LLC85$20.7K0.00%00.0%Unchanged
Prestige Wealth Management Group LLC87$21.1K0.00%00.0%Unchanged
TFC Financial Management87$21.1K0.00%+87New
SJS Investment Consulting Inc.88$21.4K0.00%+88New
Winch Advisory Services, LLC91$22.0K0.00%00.0%Unchanged
TD Capital Management LLC95$23.1K0.00%+7+8.0%Added
Bartlett & Co. Wealth Management LLC96$23.3K0.00%00.0%Unchanged
True Wealth Design, LLC98$23.8K0.01%−33−25.2%Reduced
Center for Financial Planning, Inc.98$23.8K0.00%00.0%Unchanged
Ulland Investment Advisors, LLC100$24.0K0.02%00.0%Unchanged
Rossby Financial, LCC99$24.0K0.01%+17+20.7%Added
Lavaca Capital LLC100$24.3K0.00%00.0%Unchanged
Copia Wealth Management106$25.7K0.02%00.0%Unchanged
Sound Income Strategies, LLC111$25.9K0.00%+58+109.4%Added
Ninety One UK Ltd107$26.0K0.00%00.0%Unchanged
Aventus Investment Advisors, Inc.110$26.7K0.02%00.0%Unchanged
Robinswood Financial LLC116$28.2K0.01%00.0%Unchanged
Zions Bancorporation, National Association116$28.2K0.00%00.0%Unchanged
Bayban116$28.2K0.02%+116New
Adirondack Trust Co118$28.7K0.01%00.0%Unchanged
CVA Family Office, LLC118$28.7K0.00%00.0%Unchanged
Private Wealth Asset Management, LLC121$29.4K0.00%00.0%Unchanged
Community Bank, N.A.121$29.4K0.00%00.0%Unchanged
Motco125$30.4K0.00%00.0%Unchanged
Princeton Global Asset Management LLC125$30.4K0.00%00.0%Unchanged
Financial Perspectives, Inc125$30.4K0.01%00.0%Unchanged
Albion Financial Group127$30.9K0.00%00.0%Unchanged
Creative Financial Designs Inc127$30.9K0.00%+4+3.3%Added
Highline Wealth Partners LLC131$31.8K0.01%−21−13.8%Reduced
Founders Capital Management131$31.8K0.02%00.0%Unchanged
Hilltop National Bank135$32.8K0.01%−16−10.6%Reduced
Frazier Financial Advisors, LLC135$32.8K0.02%00.0%Unchanged
Wellington-Altus USA Inc.135$32.8K0.02%+135New
Wellington Grp LLC140$34.0K0.01%+140New
Bell Investment Advisors, Inc142$34.5K0.01%+98+222.7%Added
Kozak & Associates, Inc.140$34.6K0.01%00.0%Unchanged
GoalVest Advisory LLC143$34.7K0.01%+143New
Mowery & Schoenfeld Wealth Management, LLC143$34.7K0.05%00.0%Unchanged
Annis Gardner Whiting Capital Advisors, LLC146$35.5K0.01%+129+758.8%Added
Raffa Wealth Management, LLC148$36.0K0.01%−82−35.7%Reduced
GW&K Investment Management, LLC148$36.0K0.00%00.0%Unchanged
Provenance Wealth Advisors, LLC149$36.2K0.00%00.0%Unchanged
Bruce G. Allen Investments, LLC152$36.9K0.02%−6−3.8%Reduced
HHM Wealth Advisors, LLC152$36.9K0.00%00.0%Unchanged
DAGCO, Inc.168$40.8K0.01%00.0%Unchanged
Beaird Harris Wealth Management, LLC170$41.3K0.00%00.0%Unchanged
CoreCap Advisors, LLC175$42.5K0.00%+5+2.9%Added
American National Bank178$43.2K0.00%+154+641.7%Added
JFS Wealth Advisors, LLC179$43.5K0.00%+11+6.5%Added
Foster Dykema Cabot & Partners, LLC180$43.7K0.00%00.0%Unchanged
Financial Management Professionals, Inc.182$44.2K0.00%−17−8.5%Reduced
UMA Financial Services, Inc.185$44.9K0.01%+21+12.8%Added
MidFirst Bank188$45.7K0.00%+188New
SHP Wealth Management194$47.0K0.00%+194New
Sofos Investments, Inc.194$47.1K0.01%00.0%Unchanged
LRI Investments, LLC194$47.2K0.00%+13+7.2%Added
Geneos Wealth Management Inc.200$48.6K0.00%00.0%Unchanged
Medallion Wealth Advisors, LLC200$48.6K0.02%00.0%Unchanged
Cape Investment Advisory, Inc.187$49.7K0.02%+150+405.4%Added
DV Trading LLC205$49.8K0.00%+205New
Toth Financial Advisory Corp207$50.3K0.01%+7+3.5%Added
Greenline Wealth Management LLC208$50.5K0.05%+208New
Thurston, Springer, Miller, Herd & Titak, Inc.208$50.5K0.02%+208New
Whipplewood Advisors, LLC216$52.5K0.03%+14+6.9%Added
YANKCOM Partnership228$55.4K0.02%+228New
Key Financial Inc229$55.6K0.01%00.0%Unchanged
Ancora Advisors, LLC229$55.6K0.00%+206+895.7%Added
Strategic Wealth Partners, Ltd.231$56.1K0.00%00.0%Unchanged
Maseco LLP240$58.4K0.00%+240New
Cherry Tree Wealth Management, LLC241$58.5K0.01%00.0%Unchanged
Transamerica Financial Advisors, Inc.250$60.8K0.01%+126+101.6%Added
Colonial Trust Co253$62.0K0.01%+167+194.2%Added
TD Private Client Wealth LLC259$62.9K0.00%−1,746−87.1%Reduced
Harbor Investment Advisory, LLC264$64.1K0.00%+20+8.2%Added
Cornerstone Planning Group LLC276$65.2K0.01%+252+1,050.0%Added
Bogart Wealth, LLC271$65.8K0.00%00.0%Unchanged
Anchor Investment Management, LLC274$66.6K0.01%00.0%Unchanged
HM Payson & Co308$74.8K0.00%−946−75.4%Reduced
Bayforest Capital Ltd319$77.5K0.06%−117−26.8%Reduced
State of Wyoming326$79.2K0.01%−30−8.4%Reduced
Larson Financial Group LLC329$79.9K0.00%+21+6.8%Added
WPG Advisers, LLC330$80.2K0.06%−5−1.5%Reduced
Flagship Harbor Advisors, LLC333$81.1K0.00%+333New
Rakuten Securities, Inc.339$82.3K0.03%+269+384.3%Added
Smithfield Trust Co372$88.0K0.00%−191−33.9%Reduced
Syntax Research, Inc.370$89.9K0.06%00.0%Unchanged
Atlantic Trust, LLC387$94.0K0.01%−67−14.8%Reduced
Salomon & Ludwin, LLC393$94.5K0.01%−13−3.2%Reduced
FIL Ltd390$94.7K0.00%+7+1.8%Added
Hazlett, Burt & Watson, Inc.415$101.0K0.03%−128−23.6%Reduced
Centaurus Financial, Inc.415$101.0K0.00%+415New
Rothschild Investment LLC418$101.6K0.01%−174−29.4%Reduced
Eastern Bank419$101.8K0.00%−66−13.6%Reduced
Elyxium Wealth, LLC431$104.6K0.03%+431New
Wealth Preservation Advisors, LLC445$108.1K0.05%−1−0.2%Reduced
Ramirez Asset Management, Inc.450$109.3K0.01%00.0%Unchanged