Skip to main content
Livermore
Livermore
ZHEN

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
Wealthcare Advisory Partners LLC1,138$276.3K0.01%+119+11.7%Added
Sepio Capital, LP1,140$276.9K0.02%+1,140New
Central Trust Co1,148$278.7K0.01%+104+10.0%Added
Kestra Private Wealth Services, LLC1,160$281.8K0.00%+15+1.3%Added
Koshinski Asset Management, Inc.1,167$283.5K0.02%+6+0.5%Added
American Trust1,174$285.2K0.02%+210+21.8%Added
BSW Wealth Partners1,178$286.2K0.03%−90−7.1%Reduced
Palladiem, LLC1,181$289.0K0.27%+1,181New
Ewa, LLC1,203$292.3K0.07%+80+7.1%Added
Hoxton Planning & Management, LLC1,205$292.7K0.09%−1−0.1%Reduced
MQS Management LLC1,205$292.7K0.17%+1,205New
Oak Harbor Wealth Partners, LLC1,206$292.9K0.07%−11−0.9%Reduced
Riversedge Advisors, LLC1,219$296.1K0.05%−212−14.8%Reduced
Baldwin Brothers Inc1,220$296.4K0.02%−2−0.2%Reduced
180 Wealth Advisors, LLC1,223$297.0K0.03%+185+17.8%Added
Summit Financial, LLC1,224$297.4K0.00%+30+2.5%Added
Foster Group, Inc.1,226$297.8K0.01%−253−17.1%Reduced
Aspen Grove Capital, LLC1,226$298.0K0.05%−284−18.8%Reduced
Empower Advisory Group, LLC1,231$299.0K0.00%+131+11.9%Added
Clark Capital Management Group, Inc.1,231$299.1K0.00%−2−0.2%Reduced
Tiaa Trust, National Association1,232$299.3K0.00%−381−23.6%Reduced
Clear Harbor Asset Management, LLC1,247$302.9K0.02%00.0%Unchanged
Ingalls & Snyder LLC1,249$303.0K0.01%00.0%Unchanged
South Shore Capital Advisors1,254$304.6K0.22%+1,254New
Arwa LLC1,264$307.0K0.18%+1,264New
Axxcess Wealth Management, LLC1,282$311.5K0.01%+30+2.4%Added
Enterprise Financial Services Corp1,287$312.6K0.16%+19+1.5%Added
OneAscent Family Office, LLC1,289$313.1K0.21%+1,289New
True North Advisors, LLC1,308$317.7K0.04%+1,308New
Linscomb & Williams, Inc.1,318$320.2K0.01%00.0%Unchanged
D'Orazio & Associates, Inc.1,322$321.1K0.04%−23−1.7%Reduced
First Citizens Bank & Trust Co1,324$321.6K0.01%+442+50.1%Added
Baker Tilly Wealth Management, LLC1,341$325.7K0.08%−60−4.3%Reduced
Moody National Bank Trust Division1,342$326.0K0.03%+390+41.0%Added
Legacy Capital Wealth Partners, LLC1,349$327.6K0.07%−3−0.2%Reduced
Channing Global Advisors, LLC1,361$330.6K0.21%+241+21.5%Added
Johnson Financial Group, Inc.1,365$331.6K0.01%−66−4.6%Reduced
Camden Capital, LLC1,378$334.8K0.02%−305−18.1%Reduced
S.A. Mason LLC1,384$336.2K0.13%−390−22.0%Reduced
Flputnam Investment Management Co1,387$336.9K0.00%+82+6.3%Added
Athena Wealth Management, LLC1,393$338.4K0.33%+1,393New
DGS Capital Management, LLC1,399$339.8K0.06%−451−24.4%Reduced
Banco BTG Pactual S.A.1,400$340.1K0.06%00.0%Unchanged
CWA Asset Management Group, LLC1,401$340.2K0.01%−139−9.0%Reduced
Private Trust Co NA1,401$340.3K0.03%+36+2.6%Added
Wealthstar Advisors, LLC1,414$343.5K0.19%−214−13.1%Reduced
Nelson, Van Denburg & Campbell Wealth Management Group, LLC1,414$343.5K0.01%−14−1.0%Reduced
Certior Financial Group, LLC1,415$343.7K0.23%+142+11.2%Added
Marietta Investment Partners LLC1,416$344.0K0.07%−21,735−93.9%Reduced
Huntington National Bank1,423$345.7K0.00%−26−1.8%Reduced
Strategic Global Advisors, LLC1,428$346.9K0.05%−898−38.6%Reduced
Seven Mile Advisory1,432$347.8K0.06%−757−34.6%Reduced
Apella Capital, LLC1,433$348.1K0.01%−86−5.7%Reduced
Granite Group Advisors, LLC1,433$348.1K0.20%00.0%Unchanged
Malaga Cove Capital, LLC1,458$354.2K0.12%+1,458New
Brookstone Capital Management1,459$354.4K0.00%+275+23.2%Added
Buckingham Strategic Partners1,469$356.9K0.00%−590−28.7%Reduced
Harvest Portfolios Group Inc.1,493$362.7K0.01%+43+3.0%Added
R Squared Ltd1,497$363.6K0.17%−962−39.1%Reduced
Merrion Investment Management Co, LLC1,500$364.4K0.20%−120−7.4%Reduced
Sunpointe, LLC1,507$366.1K0.12%−97−6.0%Reduced
Ashton Thomas Private Wealth, LLC1,525$370.4K0.01%+117+8.3%Added
Great Valley Advisor Group, Inc.1,527$371.0K0.01%+38+2.6%Added
Icon Wealth Advisors, LLC1,527$374.3K0.02%−38−2.4%Reduced
a16z Perennial Management, L.P.1,544$375.1K0.03%+411+36.3%Added
Values First Advisors, Inc.1,566$380.3K0.20%+1,566New
HSBC Holdings PLC1,571$381.7K0.00%−408−20.6%Reduced
Two Sigma Securities, LLC1,577$383.1K0.05%+1,577New
Bayesian Capital Management, LP1,578$383.3K0.88%+1,578New
Bond & Devick Financial Network, Inc.1,600$388.7K0.11%+390+32.2%Added
Texas Yale Capital Corp.1,601$388.9K0.01%+240+17.6%Added
Diversified Enterprises, LLC1,608$390.6K0.02%+492+44.1%Added
Mengis Capital Management, Inc.1,620$393.5K0.07%−175−9.7%Reduced
American Trust Investment Advisors, LLC1,620$393.5K0.21%00.0%Unchanged
Equitable Holdings, Inc.1,630$395.9K0.00%−206−11.2%Reduced
IFP Advisors, Inc1,630$395.9K0.01%+236+16.9%Added
Voya Investment Management LLC1,631$396.2K0.00%−116,910−98.6%Reduced
AlTi Global, Inc.1,632$396.4K0.01%+287+21.3%Added
Addison Advisors LLC1,634$396.9K0.09%−6−0.4%Reduced
Warther Private Wealth, LLC1,642$398.9K0.10%00.0%Unchanged
Baron Wealth Management LLC1,643$399.1K0.12%−80−4.6%Reduced
Journey Strategic Wealth LLC1,645$399.6K0.01%−681−29.3%Reduced
Journey Advisory Group, LLC1,645$399.6K0.03%−1,739−51.4%Reduced
Corient IA LLC1,660$403.2K0.38%−840−33.6%Reduced
Gotham Asset Management, LLC1,661$403.5K0.00%+787+90.0%Added
Financiere des Professionnels - Fonds d,investissement inc.1,670$405.7K0.02%−896−34.9%Reduced
Roehl & Yi Investment Advisors, LLC1,679$407.8K0.16%+16+1.0%Added
High Note Wealth, LLC1,687$409.8K0.08%00.0%Unchanged
Aprio Wealth Management, LLC1,394$412.4K0.02%−579−29.3%Reduced
Greenspring Advisors, LLC1,703$413.8K0.03%+1,703New
Joel Isaacson & Co., LLC1,708$414.9K0.01%00.0%Unchanged
Oppenheimer & Co Inc1,716$416.8K0.01%−616−26.4%Reduced
Five Oceans Advisors1,726$419.3K0.15%00.0%Unchanged
Fiduciary Trust Co1,729$419.9K0.00%−7−0.4%Reduced
Canopy Partners, LLC1,729$420.0K0.14%−18−1.0%Reduced
Mma Asset Management LLC1,732$420.7K0.15%00.0%Unchanged
Thryve Wealth Management LLC1,746$424.1K0.21%+1,746New
GQG Partners LLC1,750$425.0K0.00%−57−3.2%Reduced
Nicholas Hoffman & Company, LLC.1,751$425.3K0.01%+16+0.9%Added
Sage Mountain Advisors LLC1,774$430.9K0.02%+39+2.2%Added