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 |
|---|---|---|---|---|---|
| NBC Securities, Inc. | 3,080 | $748.2K | 0.06% | +796+34.9% | Added |
| Denali Advisors LLC | 3,088 | $750.1K | 0.08% | −92−2.9% | Reduced |
| Beacon Pointe Advisors, LLC | 3,104 | $754.0K | 0.01% | +518+20.0% | Added |
| Custom Index Systems, LLC | 3,108 | $755.0K | 0.33% | 00.0% | Unchanged |
| Cordatus Wealth Management LLC | 3,111 | $755.7K | 0.17% | −125−3.9% | Reduced |
| Commerce Bank | 3,132 | $760.8K | 0.00% | +269+9.4% | Added |
| Optas, LLC | 3,148 | $764.7K | 0.12% | −104−3.2% | Reduced |
| LVW Advisors, LLC | 3,196 | $776.3K | 0.08% | −1,005−23.9% | Reduced |
| YHB Investment Advisors, Inc. | 3,231 | $784.8K | 0.05% | +718+28.6% | Added |
| Rehmann Capital Advisory Group | 3,234 | $787.3K | 0.04% | +366+12.8% | Added |
| FDx Advisors, Inc. | 3,253 | $790.0K | 0.40% | +301+10.2% | Added |
| Pure Financial Advisors, Inc. | 3,253 | $790.2K | 0.01% | +634+24.2% | Added |
| Lansing Street Advisors | 3,268 | $793.8K | 0.20% | +1,351+70.5% | Added |
| Clarius Group, LLC | 3,282 | $797.2K | 0.05% | −159−4.6% | Reduced |
| Tocqueville Asset Management L.P. | 3,309 | $803.8K | 0.01% | +609+22.6% | Added |
| J.Safra Asset Management Corp | 3,340 | $811.3K | 0.04% | +1,624+94.6% | Added |
| May Hill Capital, LLC | 3,357 | $815.4K | 0.22% | −46−1.4% | Reduced |
| Howard Capital Management Group, LLC | 3,375 | $819.8K | 0.05% | 00.0% | Unchanged |
| Sage Rhino Capital LLC | 3,403 | $826.6K | 0.16% | −52−1.5% | Reduced |
| Lockheed Martin Investment Management Co | 3,420 | $830.8K | 0.03% | 00.0% | Unchanged |
| Alps Advisors Inc | 3,429 | $832.9K | 0.00% | +64+1.9% | Added |
| Janus Henderson Group PLC | 3,430 | $833.1K | 0.00% | +63+1.9% | Added |
| Capital Group Private Client Services, Inc. | 3,442 | $836.1K | 0.01% | −1,857−35.0% | Reduced |
| Empirical Financial Services, LLC d.b.a. Empirical Wealth Management | 3,445 | $836.8K | 0.02% | +1,661+93.1% | Added |
| Bearing Point Capital, LLC | 3,459 | $840.2K | 0.13% | +3,459 | New |
| Panagora Asset Management Inc | 3,464 | $841.4K | 0.00% | +3,464 | New |
| EJMK Ventures LLC | 3,482 | $845.8K | 0.52% | +3,482 | New |
| Meridian Wealth Management, LLC | 3,515 | $853.8K | 0.03% | +40+1.2% | Added |
| Natixis | 3,490 | $856.5K | 0.00% | −696−16.6% | Reduced |
| Ascent Group, LLC | 3,548 | $861.7K | 0.03% | −233−6.2% | Reduced |
| TCTC Holdings, LLC | 3,561 | $865.0K | 0.03% | +3,561 | New |
| Diversified Trust Co | 3,568 | $866.7K | 0.02% | +1,018+39.9% | Added |
| Valeo Financial Advisors, LLC | 3,582 | $870.2K | 0.02% | −89−2.4% | Reduced |
| Mount Yale Investment Advisors, LLC | 3,603 | $875.2K | 0.04% | −4,401−55.0% | Reduced |
| Mission Wealth Management, LP | 3,642 | $884.6K | 0.02% | −26−0.7% | Reduced |
| Apollon Wealth Management, LLC | 3,655 | $887.9K | 0.02% | −193−5.0% | Reduced |
| Pensionmark Financial Group, LLC | 3,667 | $890.8K | 0.01% | −154−4.0% | Reduced |
| Leith Wheeler Investment Counsel Ltd. | 3,670 | $891.5K | 0.07% | +2,770+307.8% | Added |
| SOL Capital Management CO | 3,708 | $901.0K | 0.08% | 00.0% | Unchanged |
| Principal Street Partners, LLC | 3,722 | $904.1K | 0.15% | −146−3.8% | Reduced |
| Fox Run Management, L.L.C. | 3,722 | $904.1K | 0.14% | +3,722 | New |
| Northern Financial Advisors Inc | 3,732 | $906.5K | 1.04% | −1,665−30.9% | Reduced |
| Ronald Blue Trust, Inc. | 3,734 | $907.1K | 0.01% | −590−13.6% | Reduced |
| Wealth Alliance | 3,747 | $910.1K | 0.09% | −210−5.3% | Reduced |
| SlateStone Wealth, LLC | 3,751 | $911.0K | 0.08% | −265−6.6% | Reduced |
| Thrivent Financial for Lutherans | 3,743 | $916.0K | 0.00% | −417,430−99.1% | Reduced |
| EP Wealth Advisors, LLC | 3,811 | $925.7K | 0.00% | +3,811 | New |
| SG Americas Securities, LLC | 3,887 | $944.0K | 0.00% | −25,080−86.6% | Reduced |
| Modera Wealth Management, LLC | 3,912 | $950.3K | 0.01% | +48+1.2% | Added |
| Hilltop Holdings Inc. | 3,962 | $962.3K | 0.06% | +242+6.5% | Added |
| TD Waterhouse Canada Inc. | 3,978 | $966.0K | 0.01% | −5,472−57.9% | Reduced |
| Public Employees Retirement System of Ohio | 4,000 | $971.6K | 0.00% | 00.0% | Unchanged |
| Marathon Trading Investment Management LLC | 4,000 | $971.6K | 0.12% | +4,000 | New |
| Canandaigua National Bank & Trust Co | 4,016 | $975.5K | 0.09% | −852−17.5% | Reduced |
| Dynamic Advisor Solutions LLC | 4,022 | $977.0K | 0.03% | +375+10.3% | Added |
| Sivia Capital Partners, LLC | 4,039 | $981.1K | 0.20% | +1,125+38.6% | Added |
| Fifth Third Bancorp | 4,044 | $982.3K | 0.00% | −11,690−74.3% | Reduced |
| Quantitative Investment Management, LLC | 4,107 | $997.0K | 0.10% | +2,180+113.1% | Added |
| SRS Capital Advisors, Inc. | 4,118 | $1.00M | 0.03% | −2,077−33.5% | Reduced |
| CWM, LLC | 4,129 | $1.00M | 0.00% | +180+4.6% | Added |
| Bridgewater Advisors Inc. | 4,478 | $1.01M | 0.07% | −459−9.3% | Reduced |
| PDS Planning, Inc | 4,242 | $1.03M | 0.07% | −430−9.2% | Reduced |
| Harbour Investment Management LLC | 4,257 | $1.03M | 0.55% | −1,912−31.0% | Reduced |
| AE Wealth Management LLC | 4,297 | $1.04M | 0.01% | +191+4.7% | Added |
| Kathmere Capital Management, LLC | 4,300 | $1.04M | 0.07% | +281+7.0% | Added |
| Basecamp Wealth Advisors LLC | 4,312 | $1.05M | 0.22% | +4,312 | New |
| MAI Capital Management | 4,316 | $1.05M | 0.01% | −55−1.3% | Reduced |
| New Republic Capital, LLC | 4,324 | $1.05M | 0.28% | +2,753+175.2% | Added |
| Steward Partners Investment Advisory, LLC | 4,448 | $1.08M | 0.01% | +1,297+41.2% | Added |
| Brucke Financial, Inc. | 4,546 | $1.10M | 0.60% | −111−2.4% | Reduced |
| HRT Financial LP | 4,555 | $1.11M | 0.00% | +2,791+158.2% | Added |
| Fidelis Capital Partners, LLC | 4,573 | $1.11M | 0.08% | +875+23.7% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 4,633 | $1.13M | 0.01% | +3,442+289.0% | Added |
| Intrust Bank NA | 4,672 | $1.13M | 0.09% | −281−5.7% | Reduced |
| Boston Trust Walden Corp | 4,695 | $1.14M | 0.01% | −1,630−25.8% | Reduced |
| Haverford Trust Co | 4,719 | $1.15M | 0.01% | +950+25.2% | Added |
| Abel Hall, LLC | 4,724 | $1.15M | 0.27% | +2,416+104.7% | Added |
| Johnson Investment Counsel Inc | 4,738 | $1.15M | 0.01% | −440−8.5% | Reduced |
| Gabelli Funds LLC | 4,740 | $1.15M | 0.01% | +20+0.4% | Added |
| Clearstead Advisors, LLC | 4,761 | $1.16M | 0.01% | +241+5.3% | Added |
| AlphaCore Capital LLC | 4,826 | $1.17M | 0.03% | −621−11.4% | Reduced |
| Mitchell & Pahl Private Wealth, LLC | 4,845 | $1.18M | 0.49% | −75−1.5% | Reduced |
| Portside Wealth Group, LLC | 4,871 | $1.18M | 0.16% | −1,016−17.3% | Reduced |
| Sendero Wealth Management, LLC | 5,014 | $1.22M | 0.14% | +1,427+39.8% | Added |
| Profund Advisors LLC | 5,037 | $1.22M | 0.04% | +424+9.2% | Added |
| Private Advisor Group, LLC | 5,061 | $1.23M | 0.01% | −217−4.1% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 5,094 | $1.24M | 0.00% | −199−3.8% | Reduced |
| Modern Wealth Management, LLC | 5,111 | $1.24M | 0.02% | +111+2.2% | Added |
| Price T Rowe Associates Inc | 5,156 | $1.25M | 0.00% | +1,454+39.3% | Added |
| Pinnacle Associates Ltd | 5,251 | $1.28M | 0.02% | −78−1.5% | Reduced |
| Bank of Nova Scotia | 5,261 | $1.28M | 0.00% | −319−5.7% | Reduced |
| Confluence Investment Management LLC | 5,279 | $1.28M | 0.02% | +219+4.3% | Added |
| Squarepoint Ops LLC | 5,330 | $1.29M | 0.00% | −16,524−75.6% | Reduced |
| Brown Advisory Inc | 5,361 | $1.30M | 0.00% | +575+12.0% | Added |
| Family Legacy Financial Solutions, LLC | 5,762 | $1.30M | 1.01% | 00.0% | Unchanged |
| GAMMA Investing LLC | 5,382 | $1.31M | 0.07% | −31−0.6% | Reduced |
| Calamos Advisors LLC | 5,398 | $1.31M | 0.01% | −300−5.3% | Reduced |
| Mitsubishi UFJ Kokusai Asset Management Co., Ltd. | 5,585 | $1.32M | 0.00% | +2,833+102.9% | Added |
| Asset Dedication, LLC | 5,489 | $1.33M | 0.09% | −88−1.6% | Reduced |
| Greenleaf Trust | 5,569 | $1.35M | 0.01% | +629+12.7% | Added |