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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
Envestnet Portfolio Solutions, Inc.13,186$3.20M0.01%−655−4.7%Reduced
Headlands Technologies LLC13,413$3.26M0.27%+13,413New
Parr McKnight Wealth Management Group, LLC13,424$3.26M0.43%−232−1.7%Reduced
Highland Capital Management, LLC13,460$3.27M0.16%−1,725−11.4%Reduced
Bailard, Inc.13,495$3.28M0.07%−2,493−15.6%Reduced
Benjamin Edwards Inc13,537$3.29M0.04%+4,874+56.3%Added
Dara Capital US, Inc.13,757$3.34M2.96%+13,757New
Bessemer Group Inc13,870$3.37M0.01%−71−0.5%Reduced
Federated Hermes, Inc.13,885$3.37M0.01%−15,201−52.3%Reduced
Verition Fund Management LLC13,887$3.37M0.02%+11,264+429.4%Added
Douglass Winthrop Advisors, LLC14,010$3.40M0.06%00.0%Unchanged
Advisors Asset Management, Inc.14,287$3.47M0.06%+1,022+7.7%Added
Nuveen, LLC14,533$3.53M0.00%+12+0.1%Added
Commonwealth Equity Services, LLC15,177$3.69M0.00%−395−2.5%Reduced
JCIC Asset Management Inc.15,465$3.76M1.15%−400−2.5%Reduced
Pinnacle Financial Partners, Inc.15,542$3.78M0.03%+15,542New
Perigon Wealth Management, LLC15,901$3.86M0.07%+499+3.2%Added
Advisor Group Holdings, Inc.17,127$4.16M0.01%−4,010−19.0%Reduced
Ieq Capital, LLC17,270$4.19M0.01%−2,343−11.9%Reduced
Equitable Trust Co17,669$4.29M0.19%−576−3.2%Reduced
RSM US Wealth Management LLC17,673$4.32M0.06%−5,616−24.1%Reduced
Vident Advisory, LLC17,813$4.33M0.04%−1,306−6.8%Reduced
Interval Partners, LP17,840$4.33M0.10%+17,840New
CAPROCK Group, Inc.17,995$4.37M0.09%−3,415−16.0%Reduced
Lazard Asset Management LLC18,061$4.39M0.01%−2,235−11.0%Reduced
FORA Capital, LLC18,199$4.42M0.54%+12,732+232.9%Added
Forum Financial Management, LP18,378$4.46M0.06%−12−0.1%Reduced
Northwestern Mutual Wealth Management Co18,406$4.47M0.00%+2,319+14.4%Added
Americana Partners, LLC18,564$4.51M0.12%+159+0.9%Added
Prosperity Consulting Group, LLC18,652$4.53M0.20%−383−2.0%Reduced
Entropy Technologies, LP18,712$4.55M0.25%−4,121−18.0%Reduced
Aquatic Capital Management LLC18,762$4.56M0.13%+18,762New
NewEdge Wealth, LLC18,877$4.59M0.05%+58+0.3%Added
Naviter Wealth, LLC18,975$4.61M0.60%−4,337−18.6%Reduced
Acumen Wealth Advisors, LLC18,994$4.61M1.33%+18,994New
Hollow Brook Wealth Management LLC19,050$4.63M1.20%−1,594−7.7%Reduced
Thornburg Investment Management Inc19,238$4.67M0.06%+1,899+11.0%Added
Segall Bryant & Hamill, LLC19,273$4.68M0.06%−16,856−46.7%Reduced
Factory Mutual Insurance Co19,324$4.69M0.05%00.0%Unchanged
Schonfeld Strategic Advisors LLC19,437$4.72M0.02%+13,369+220.3%Added
Aperture Investors, LLC19,441$4.72M0.66%00.0%Unchanged
Symmetry Investments LP20,000$4.86M0.91%+20,000New
Signaturefd, LLC20,350$4.94M0.08%−461−2.2%Reduced
Alliancebernstein L.P.20,502$4.98M0.00%−3,845−15.8%Reduced
Dividend Assets Capital, LLC20,674$5.02M0.96%−1,583−7.1%Reduced
Capital Research Global Investors20,756$5.08M0.00%−2,457−10.6%Reduced
Toroso Investments, LLC21,005$5.10M0.02%+2,259+12.1%Added
Janney Montgomery Scott LLC21,327$5.18M0.01%−6,335−22.9%Reduced
Moran Wealth Management, LLC21,473$5.22M0.16%+2,072+10.7%Added
Timber Creek Capital Management LLC21,498$5.22M1.21%−110−0.5%Reduced
Sanibel Captiva Trust Company, Inc.21,640$5.26M0.15%+2,028+10.3%Added
Eagle Global Advisors LLC21,675$5.27M0.19%−2,137−9.0%Reduced
Maplelane Capital, LLC22,000$5.34M0.30%+22,000New
Saturna Capital CORP22,121$5.37M0.07%+5,343+31.8%Added
Rockefeller Capital Management L.P.22,171$5.39M0.01%+3,308+17.5%Added
Atria Investments LLC22,538$5.47M0.06%−7,768−25.6%Reduced
Cox Capital Mgt LLC22,177$5.48M3.41%+374+1.7%Added
Capital Investment Counsel, Inc22,660$5.50M0.65%−1,250−5.2%Reduced
Janney Capital Management LLC22,828$5.54M0.35%+22,058+2,864.7%Added
Bleakley Financial Group, LLC23,011$5.59M0.10%+3,225+16.3%Added
Vise Technologies, Inc.23,179$5.63M0.11%+8,653+59.6%Added
Flow Traders U.S. LLC23,280$5.66M0.19%+23,280New
Capital World Investors23,468$5.74M0.00%+294+1.3%Added
Elite Wealth Management, Inc.23,874$5.80M1.58%+45+0.2%Added
Lido Advisors, LLC23,089$5.95M0.02%+304+1.3%Added
Nia Impact Advisors, LLC24,510$5.95M2.00%−1,190−4.6%Reduced
Evergreen Capital Management LLC25,012$6.08M0.14%+11,907+90.9%Added
Capital Wealth Planning, LLC26,013$6.16M0.04%−13,457−34.1%Reduced
Rhumbline Advisers26,251$6.38M0.01%+4,045+18.2%Added
Tudor Investment Corp Et Al26,319$6.39M0.04%−21,579−45.1%Reduced
Baltimore-Washington Financial Advisors, Inc.26,696$6.48M0.27%+3,551+15.3%Added
Cardinal Capital Management27,230$6.61M0.88%+80.0%Added
Lincluden Management Ltd27,410$6.66M0.57%−29−0.1%Reduced
Ritholtz Wealth Management27,518$6.68M0.12%−419−1.5%Reduced
Park Avenue Securities LLC27,731$6.74M0.06%+128+0.5%Added
Wealth Enhancement Advisory Services, LLC29,317$6.77M0.01%+1,048+3.7%Added
Lowe Brockenbrough & Co Inc28,571$6.94M0.34%+28,571New
Sanctuary Advisors, LLC29,303$7.12M0.04%−2,479−7.8%Reduced
Voleon Capital Management LP29,850$7.25M0.16%+14,399+93.2%Added
Twin Tree Management, LP29,894$7.26M0.74%+5,061+20.4%Added
Optiver Holding B.V.30,170$7.33M0.13%−49,681−62.2%Reduced
Cohen Klingenstein LLC30,179$7.33M0.22%00.0%Unchanged
Loomis Sayles & Co L P30,421$7.39M0.01%−1,085−3.4%Reduced
CIBC Asset Management Inc31,404$7.49M0.02%−5,668−15.3%Reduced
Naples Global Advisors, LLC30,956$7.52M0.56%−312−1.0%Reduced
Brinker Capital Investments, LLC31,125$7.56M0.06%−3,928−11.2%Reduced
GF Fund Management Co. Ltd.31,549$7.66M0.13%−94,705−75.0%Reduced
National Bank of Canada31,846$7.73M0.01%−899−2.7%Reduced
Quadrant Capital Group LLC32,483$7.89M0.24%−56−0.2%Reduced
Rock Point Advisors, LLC33,569$8.15M2.04%+13,413+66.5%Added
Bluegrass Capital Partners LP34,000$8.26M4.93%+34,000New
Campbell & CO Investment Adviser LLC34,156$8.30M0.40%+29,070+571.6%Added
Fulton Breakefield Broenniman LLC34,391$8.35M0.53%−1,087−3.1%Reduced
Wiley Bros.-Aintree Capital, LLC34,690$8.40M0.04%+3,574+11.5%Added
CI Private Wealth, LLC36,263$8.83M0.01%−6,874−15.9%Reduced
Laird Norton Trust Company, LLC36,551$8.88M0.18%+36,551New
Skopos Labs, Inc.36,099$8.88M0.41%+25,519+241.2%Added
Silvercrest Asset Management Group LLC37,029$8.99M0.06%−1,566−4.1%Reduced
One Capital Management, LLC37,422$9.09M0.27%+1,972+5.6%Added
Foresight Global Investors, Inc.38,813$9.43M4.44%+875+2.3%Added