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 |
|---|---|---|---|---|---|
| Guardian Partners Inc. | 49,610 | $9.87M | 0.79% | +2,900+6.2% | Added |
| Susquehanna International Group, LLP | 40,864 | $9.93M | 0.01% | −6,195−13.2% | Reduced |
| Federation des caisses Desjardins du Quebec | 40,902 | $9.94M | 0.04% | +12,496+44.0% | Added |
| M&T Bank Corp | 41,364 | $10.0M | 0.03% | −7,206−14.8% | Reduced |
| Invesco Ltd. | 41,461 | $10.1M | 0.00% | +3,080+8.0% | Added |
| Callan Family Office, LLC | 41,635 | $10.1M | 0.22% | +20,262+94.8% | Added |
| Walleye Capital LLC | 41,868 | $10.2M | 0.06% | +39,681+1,814.4% | Added |
| Adviser Investments LLC | 41,918 | $10.2M | 0.11% | +3,666+9.6% | Added |
| Value Partners Investments Inc. | 42,042 | $10.2M | 0.78% | +1,031+2.5% | Added |
| Meridiem Capital Partners LP | 42,728 | $10.4M | 0.65% | +42,728 | New |
| AQR Capital Management LLC | 43,070 | $10.5M | 0.01% | +6,911+19.1% | Added |
| Vestmark Advisory Solutions, Inc. | 43,123 | $10.5M | 0.14% | +21,451+99.0% | Added |
| Colony Group, LLC | 43,119 | $10.5M | 0.01% | +10,508+32.2% | Added |
| Oddo BHF Asset Management SAS | 43,326 | $10.5M | 0.39% | 00.0% | Unchanged |
| Franklin Resources Inc | 43,378 | $10.5M | 0.00% | −1,012−2.3% | Reduced |
| Citigroup Inc | 44,463 | $10.8M | 0.01% | −555,068−92.6% | Reduced |
| Alight Capital Management LP | 45,000 | $10.9M | 2.93% | +45,000 | New |
| Truist Financial Corp | 45,012 | $10.9M | 0.01% | −5,977−11.7% | Reduced |
| Boston Common Asset Management, LLC | 45,081 | $11.0M | 0.66% | −4,017−8.2% | Reduced |
| Glenmede Trust Co NA | 45,274 | $11.0M | 0.05% | +45,274 | New |
| Ruane, Cunniff & Goldfarb L.P. | 45,927 | $11.2M | 0.17% | −73−0.2% | Reduced |
| Captrust Financial Advisors | 46,914 | $11.4M | 0.02% | −70,631−60.1% | Reduced |
| Oppenheimer Asset Management Inc. | 48,118 | $11.7M | 0.14% | −5,292−9.9% | Reduced |
| Mariner, LLC | 50,350 | $12.2M | 0.01% | −89,486−64.0% | Reduced |
| Henry James International Management, Inc. | 50,643 | $12.3M | 3.88% | −1,791−3.4% | Reduced |
| JustInvest LLC | 51,677 | $12.6M | 0.12% | −5,295−9.3% | Reduced |
| Cambiar Investors LLC | 51,797 | $12.6M | 0.56% | +13,530+35.4% | Added |
| Mercer Global Advisors Inc | 54,134 | $13.1M | 0.02% | +1,082+2.0% | Added |
| Hantz Financial Services, Inc. | 55,403 | $13.5M | 0.20% | +10,270+22.8% | Added |
| Davis Selected Advisers | 56,347 | $13.7M | 0.06% | +9,560+20.4% | Added |
| Capital International Inc | 58,700 | $14.3M | 0.11% | −3,182−5.1% | Reduced |
| QRG Capital Management, Inc. | 58,941 | $14.3M | 0.16% | +1,368+2.4% | Added |
| MML Investors Services, LLC | 59,292 | $14.4M | 0.04% | +2,020+3.5% | Added |
| Ethic Inc. | 60,491 | $14.7M | 0.23% | +471+0.8% | Added |
| Assetmark, Inc | 63,618 | $15.5M | 0.03% | +734+1.2% | Added |
| Dash Acquisitions Inc. | 78,880 | $15.8M | 3.28% | +6,315+8.7% | Added |
| Lord, Abbett & Co. LLC | 66,425 | $16.1M | 0.05% | +112+0.2% | Added |
| Qube Research & Technologies Ltd | 67,035 | $16.3M | 0.02% | −215,159−76.2% | Reduced |
| Cetera Investment Advisers | 67,522 | $16.4M | 0.02% | +7,817+13.1% | Added |
| Jain Global LLC | 67,859 | $16.5M | 0.16% | +67,859 | New |
| CIBC World Markets Inc. | 69,350 | $16.8M | 0.03% | +33,888+95.6% | Added |
| Scotia Capital Inc. | 71,179 | $17.3M | 0.07% | −21,873−23.5% | Reduced |
| Dimensional Fund Advisors LP | 72,692 | $17.7M | 0.00% | −4,539−5.9% | Reduced |
| Kornitzer Capital Management Inc | 75,000 | $18.2M | 0.38% | 00.0% | Unchanged |
| Grantham, Mayo, Van Otterloo & Co. LLC | 76,449 | $18.6M | 0.05% | +33,901+79.7% | Added |
| Two Sigma Investments, LP | 80,410 | $19.5M | 0.03% | +80,410 | New |
| NorthCrest Asset Manangement, LLC | 82,733 | $19.9M | 0.44% | +1,451+1.8% | Added |
| HighTower Advisors, LLC | 82,316 | $20.0M | 0.02% | −1,100−1.3% | Reduced |
| Crossmark Global Holdings, Inc. | 84,769 | $20.6M | 0.30% | −9,352−9.9% | Reduced |
| Jane Street Group, LLC | 85,098 | $20.7M | 0.02% | +2,292+2.8% | Added |
| Russell Investments Group, Ltd. | 87,874 | $21.3M | 0.02% | −9,313−9.6% | Reduced |
| Allspring Global Investments Holdings, LLC | 90,705 | $21.5M | 0.03% | −9,767−9.7% | Reduced |
| Mar Vista Investment Partners LLC | 90,830 | $22.1M | 2.03% | −50,322−35.7% | Reduced |
| The PNC Financial Services Group, Inc. | 93,931 | $22.8M | 0.01% | +9,205+10.9% | Added |
| Pathstone Holdings, LLC | 97,090 | $23.6M | 0.09% | +6,972+7.7% | Added |
| Promethos Capital, LLC | 101,512 | $24.7M | 6.72% | −31,455−23.7% | Reduced |
| Fayez Sarofim & Co | 101,787 | $24.7M | 0.06% | +52,113+104.9% | Added |
| O'Shaughnessy Asset Management, LLC | 101,875 | $24.7M | 0.14% | −12,888−11.2% | Reduced |
| Voloridge Investment Management, LLC | 103,255 | $25.1M | 0.09% | −57,529−35.8% | Reduced |
| Obermeyer Wood Investment Counsel, LLLP | 106,333 | $25.8M | 1.18% | −1,122−1.0% | Reduced |
| US Bancorp | 108,505 | $26.4M | 0.03% | −27,656−20.3% | Reduced |
| Cardinal Capital Management, Inc. | 83,841 | $27.9M | 0.63% | +4,013+5.0% | Added |
| Coerente Capital Management | 116,055 | $28.2M | 5.14% | +3,589+3.2% | Added |
| Marsico Capital Management LLC | 118,834 | $28.9M | 0.80% | 00.0% | Unchanged |
| Citadel Advisors LLC | 119,430 | $29.0M | 0.02% | +77,572+185.3% | Added |
| American Century Companies Inc | 120,363 | $29.2M | 0.01% | +3,273+2.8% | Added |
| Cerity Partners LLC | 124,399 | $30.2M | 0.04% | −4,482−3.5% | Reduced |
| Balyasny Asset Management LLC | 126,722 | $30.8M | 0.06% | +126,722 | New |
| LPL Financial LLC | 126,907 | $30.8M | 0.01% | −1,388−1.1% | Reduced |
| Creative Planning | 127,301 | $30.9M | 0.02% | −804−0.6% | Reduced |
| Cidel Asset Management Inc | 127,902 | $31.1M | 2.20% | −11,371−8.2% | Reduced |
| CIBC Private Wealth Group, LLC | 129,380 | $31.4M | 0.05% | +6,403+5.2% | Added |
| Bank of Montreal | 131,339 | $31.9M | 0.01% | −48,583−27.0% | Reduced |
| Quantinno Capital Management LP | 131,528 | $31.9M | 0.06% | +20,869+18.9% | Added |
| Riverbridge Partners LLC | 134,491 | $32.7M | 0.61% | +133,591+14,843.4% | Added |
| Charles Schwab Investment Management Inc | 140,956 | $34.2M | 0.01% | +18,052+14.7% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 141,710 | $34.4M | 0.09% | +87,749+162.6% | Added |
| Marshall Wace, LLP | 142,467 | $34.6M | 0.03% | +140,934+9,193.3% | Added |
| Deutsche Bank AG | 149,474 | $36.3M | 0.01% | +142,620+2,080.8% | Added |
| Jennison Associates LLC | 152,356 | $37.0M | 0.02% | −1,944−1.3% | Reduced |
| Petrus Trust Company, LTA | 152,542 | $37.1M | 3.75% | +15,600+11.4% | Added |
| Stifel Financial Corp | 154,728 | $37.6M | 0.03% | +14,527+10.4% | Added |
| Unio Capital LLC | 160,817 | $39.1M | 7.35% | +87,272+118.7% | Added |
| Becker Capital Management Inc | 172,045 | $41.8M | 1.20% | +4,508+2.7% | Added |
| 1832 Asset Management L.P. | 181,133 | $44.0M | 0.06% | +127,567+238.1% | Added |
| AMF Pensionsforsakring AB | 190,311 | $46.2M | 0.29% | 00.0% | Unchanged |
| GWM Advisors LLC | 193,458 | $47.0M | 0.17% | +4,525+2.4% | Added |
| Massachusetts Financial Services Co | 209,722 | $50.9M | 0.02% | −2,501−1.2% | Reduced |
| Brandes Investment Partners, LP | 229,454 | $55.7M | 0.42% | +94,697+70.3% | Added |
| Neuberger Berman Group LLC | 232,384 | $56.4M | 0.04% | −32,199−12.2% | Reduced |
| Polen Capital Management LLC | 233,332 | $56.7M | 0.24% | −111,620−32.4% | Reduced |
| SEI Investments Co | 235,259 | $57.1M | 0.06% | −3,215−1.3% | Reduced |
| Bank of New York Mellon Corp | 243,589 | $59.2M | 0.01% | −2,064−0.8% | Reduced |
| First Trust Advisors LP | 244,854 | $59.5M | 0.04% | +18,723+8.3% | Added |
| Night Owl Capital Management, LLC | 247,552 | $60.1M | 6.59% | +2,494+1.0% | Added |
| Causeway Capital Management LLC | 250,748 | $60.9M | 0.84% | +57,000+29.4% | Added |
| Wellington Management Group LLP | 286,210 | $69.5M | 0.01% | −177,964−38.3% | Reduced |
| Aviso Financial Inc. | 286,866 | $69.7M | 2.65% | +3,306+1.2% | Added |
| Nomura Asset Management International Inc. | 299,608 | $72.8M | 0.11% | +299,608 | New |
| UBS Group AG | 324,348 | $78.8M | 0.02% | +76,632+30.9% | Added |