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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
North Star Investment Management Corp.457$111.0K0.01%+37+8.8%Added
Atlas Capital Advisors LLC463$112.5K0.01%+463New
Harbour Investments, Inc.466$113.2K0.00%−9−1.9%Reduced
Pinnacle Bancorp, Inc.476$115.6K0.03%+9+1.9%Added
Fortitude Family Office, LLC477$115.9K0.03%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.488$118.5K0.01%+23+4.9%Added
Independence Bank of Kentucky489$118.8K0.01%+39+8.7%Added
Westside Investment Management, Inc.502$118.9K0.02%00.0%Unchanged
Cary Street Partners Financial LLC499$121.2K0.00%+12+2.5%Added
Umb Bank N A511$124.1K0.00%−337−39.7%Reduced
Root Financial Partners, LLC541$131.4K0.01%+113+26.4%Added
Horizon Investments, LLC547$132.9K0.00%−12,757−95.9%Reduced
Mirae Asset Global ETFs Holdings Ltd.552$134.5K0.00%+311+129.0%Added
SageView Advisory Group, LLC567$137.7K0.00%+567New
Cullen/Frost Bankers, Inc.580$140.9K0.00%−184−24.1%Reduced
Parkside Financial Bank & Trust582$141.4K0.01%+70+13.7%Added
Hillsdale Investment Management Inc.585$142.1K0.00%+585New
Grove Bank & Trust613$148.9K0.02%+21+3.5%Added
180 GPS Investments IC Ltd621$150.8K0.12%−9,785−94.0%Reduced
Cary Street Partner Investment Advisory LLC651$158.1K0.04%−22−3.3%Reduced
ORG Wealth Partners, LLC667$162.0K0.04%−20−2.9%Reduced
Migdal Insurance & Financial Holdings Ltd.673$163.0K0.00%−115−14.6%Reduced
CX Institutional726$176.0K0.01%−1,235−63.0%Reduced
Spire Wealth Management740$179.8K0.01%+43+6.2%Added
Beutel, Goodman & Co Ltd.750$182.0K0.00%00.0%Unchanged
Brentview Investment Management LLC755$183.4K0.08%00.0%Unchanged
Toronto Dominion Bank779$189.0K0.00%−1,224−61.1%Reduced
Gerber Kawasaki Wealth & Investment Management840$204.1K0.01%+9+1.1%Added
Altar Rock LLC844$205.0K0.25%+844New
Knights of Columbus Asset Advisors LLC845$205.3K0.01%−560−39.9%Reduced
OneAscent Financial Services LLC849$206.2K0.02%+849New
SCS Capital Management LLC851$206.7K0.00%+851New
Third View Private Wealth, LLC856$207.9K0.03%+856New
Blueshift Asset Management, LLC863$209.6K0.06%−468−35.2%Reduced
Waterway Wealth Management, LLC865$210.1K0.05%+35+4.2%Added
Euro Pacific Asset Management, LLC870$213.0K0.02%+47+5.7%Added
Moors & Cabot, Inc.880$213.8K0.01%+880New
Interchange Capital Partners, LLC885$215.0K0.04%+116+15.1%Added
King Wealth886$215.0K0.03%+886New
Baker Avenue Asset Management, LP888$215.6K0.00%+59+7.1%Added
AdvisorNet Financial, Inc894$217.2K0.01%+61+7.3%Added
Laurel Oak Wealth Management, LLC895$217.4K0.04%+895New
American Institute for Advanced Investment Management, LLP900$218.6K0.14%00.0%Unchanged
David Loasby880$219.0K0.01%+15+1.7%Added
Breakwater Capital Group907$220.3K0.03%00.0%Unchanged
Gillespie Robinson & Grimm Inc910$221.0K0.02%−45−4.7%Reduced
Carnegie Capital Asset Management, LLC917$222.8K0.00%00.0%Unchanged
Rathbone Brothers plc919$223.2K0.00%00.0%Unchanged
BCJ Capital Management, LLC919$223.2K0.01%+919New
Moneta Group Investment Advisors LLC922$224.1K0.00%−33−3.5%Reduced
Schrum Private Wealth Management LLC925$224.6K0.17%00.0%Unchanged
Community Financial Services Group, LLC925$224.7K0.04%00.0%Unchanged
Klingman & Associates, LLC929$225.7K0.01%−111−10.7%Reduced
Mesirow Financial Investment Management, Inc.935$227.1K0.00%−2,168−69.9%Reduced
Alliance Wealth Advisors, LLC935$227.1K0.05%−1,517−61.9%Reduced
Evoke Wealth, LLC950$230.7K0.00%+49+5.4%Added
Red Door Wealth Management, LLC959$233.0K0.02%+959New
Leonteq Securities AG963$233.9K0.01%−4−0.4%Reduced
Busey Wealth Management988$240.0K0.01%+988New
SBI Securities Co., Ltd.994$241.5K0.01%−248−20.0%Reduced
Capital Investment Advisory Services, LLC995$241.8K0.02%−5−0.5%Reduced
Pacific Capital Wealth Advisors, Inc996$241.9K0.04%−71−6.7%Reduced
Werba Rubin Papier Wealth Management999$242.7K0.07%+4+0.4%Added
44 Wealth Management LLC999$242.7K0.08%+999New
Capital Performance Advisors LLP1,000$242.9K0.02%+193+23.9%Added
Ci Investments Inc.1,002$243.4K0.00%−200−16.6%Reduced
AA Financial Advisors, LLC1,004$243.9K0.05%+24+2.4%Added
First Horizon Corp1,009$245.1K0.01%−94−8.5%Reduced
Baird Financial Group, Inc.1,011$245.6K0.00%+215+27.0%Added
Spirepoint Private Client, LLC1,015$246.6K0.02%+1,015New
Entelevest, LLC1,023$248.5K0.26%+1,023New
Wrapmanager Inc1,025$249.0K0.08%−300−22.6%Reduced
Focus Financial Network, Inc.1,026$249.2K0.01%−93−8.3%Reduced
Impact Capital Partners LLC1,028$249.7K0.07%−167−14.0%Reduced
TCG Advisory Services, LLC1,036$251.7K0.01%+33+3.3%Added
Simon Quick Advisors, LLC1,040$252.6K0.01%+185+21.6%Added
Caitong International Asset Management Co., Ltd1,045$253.8K0.06%+496+90.3%Added
Cura Wealth Advisors, LLC1,050$255.1K0.10%−17−1.6%Reduced
Centennial Bank1,050$255.1K0.10%00.0%Unchanged
Badgley Phelps Wealth Managers, LLC1,050$255.1K0.00%+35+3.4%Added
Integrated Investment Consultants, LLC1,052$255.5K0.05%+1,052New
FLC Capital Advisors1,059$257.2K0.05%00.0%Unchanged
Braun-Bostich & Associates Inc.1,060$257.5K0.16%+8+0.8%Added
Mutual Advisors, LLC1,063$258.2K0.01%+110+11.5%Added
BBR Partners, LLC1,063$258.2K0.01%−1,073−50.2%Reduced
Syverson Strege & Co1,067$259.2K0.06%−130−10.9%Reduced
Old National Bancorp1,079$262.1K0.00%+135+14.3%Added
Capital Analysts, LLC1,084$263.0K0.01%−56−4.9%Reduced
Argos Wealth Advisors, LLC1,085$263.6K0.08%+1,085New
Financial Engines Advisors L.L.C.1,087$264.0K0.00%−70−6.1%Reduced
Lyell Wealth Management, LP1,087$264.0K0.02%+1,087New
Hardy Reed LLC1,087$264.0K0.02%−347−24.2%Reduced
Rosenberg Matthew Hamilton1,095$266.0K0.06%−199−15.4%Reduced
Sym Financial Corp1,103$267.9K0.03%−241−17.9%Reduced
Boston Private Wealth LLC1,110$269.6K0.02%−97−8.0%Reduced
Savvy Advisors, Inc.1,112$270.2K0.01%+324+41.1%Added
TritonPoint Partners, LLC1,115$270.8K0.14%+1,115New
J.W. Cole Advisors, Inc.1,262$271.0K0.01%−16−1.3%Reduced
Voya Financial Advisors, Inc.1,115$274.3K0.03%+1,115New
Private Advisory Group LLC1,132$275.0K0.02%+5+0.4%Added