Skip to main content

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
Entropy Technologies, LP18,712$4.55M0.25%−4,121−18.0%Reduced
Prosperity Consulting Group, LLC18,652$4.53M0.20%−383−2.0%Reduced
Americana Partners, LLC18,564$4.51M0.12%+159+0.9%Added
Northwestern Mutual Wealth Management Co18,406$4.47M0.00%+2,319+14.4%Added
Forum Financial Management, LP18,378$4.46M0.06%−12−0.1%Reduced
FORA Capital, LLC18,199$4.42M0.54%+12,732+232.9%Added
Lazard Asset Management LLC18,061$4.39M0.01%−2,235−11.0%Reduced
CAPROCK Group, Inc.17,995$4.37M0.09%−3,415−16.0%Reduced
Interval Partners, LP17,840$4.33M0.10%+17,840New
Vident Advisory, LLC17,813$4.33M0.04%−1,306−6.8%Reduced
RSM US Wealth Management LLC17,673$4.32M0.06%−5,616−24.1%Reduced
Equitable Trust Co17,669$4.29M0.19%−576−3.2%Reduced
Ieq Capital, LLC17,270$4.19M0.01%−2,343−11.9%Reduced
Advisor Group Holdings, Inc.17,127$4.16M0.01%−4,010−19.0%Reduced
Perigon Wealth Management, LLC15,901$3.86M0.07%+499+3.2%Added
Pinnacle Financial Partners, Inc.15,542$3.78M0.03%+15,542New
JCIC Asset Management Inc.15,465$3.76M1.15%−400−2.5%Reduced
Commonwealth Equity Services, LLC15,177$3.69M0.00%−395−2.5%Reduced
Nuveen, LLC14,533$3.53M0.00%+12+0.1%Added
Advisors Asset Management, Inc.14,287$3.47M0.06%+1,022+7.7%Added
Douglass Winthrop Advisors, LLC14,010$3.40M0.06%00.0%Unchanged
Verition Fund Management LLC13,887$3.37M0.02%+11,264+429.4%Added
Federated Hermes, Inc.13,885$3.37M0.01%−15,201−52.3%Reduced
Bessemer Group Inc13,870$3.37M0.01%−71−0.5%Reduced
Dara Capital US, Inc.13,757$3.34M2.96%+13,757New
Benjamin Edwards Inc13,537$3.29M0.04%+4,874+56.3%Added
Bailard, Inc.13,495$3.28M0.07%−2,493−15.6%Reduced
Highland Capital Management, LLC13,460$3.27M0.16%−1,725−11.4%Reduced
Parr McKnight Wealth Management Group, LLC13,424$3.26M0.43%−232−1.7%Reduced
Headlands Technologies LLC13,413$3.26M0.27%+13,413New
Envestnet Portfolio Solutions, Inc.13,186$3.20M0.01%−655−4.7%Reduced
Bulltick Wealth Management, LLC12,778$3.10M0.66%−13,713−51.8%Reduced
Paradigm Asset Management Co LLC12,700$3.08M0.71%+6,200+95.4%Added
Diversify Wealth Management, LLC12,329$3.05M0.14%−2,272−15.6%Reduced
Exencial Wealth Advisors, LLC12,443$3.02M0.10%+414+3.4%Added
Davidson Kempner Capital Management LP12,256$2.98M0.04%+12,256New
New York State Common Retirement Fund12,252$2.98M0.00%−343−2.7%Reduced
Kayne Anderson Rudnick Investment Management LLC12,189$2.96M0.01%+36+0.3%Added
State Street Corp12,178$2.96M0.00%00.0%Unchanged
HB Wealth Management, LLC12,128$2.95M0.02%−91−0.7%Reduced
Eventide Asset Management, LLC12,121$2.95M0.05%−12,204−50.2%Reduced
Atlantic Union Bankshares Corp12,031$2.92M0.05%+2,232+22.8%Added
Yousif Capital Management, LLC12,843$2.91M0.03%−2,610−16.9%Reduced
AMJ Financial Wealth Management11,645$2.83M0.68%−18,204−61.0%Reduced
Quantbot Technologies LP11,516$2.80M0.09%−7,880−40.6%Reduced
Terry L. Blaker11,505$2.79M0.10%+534+4.9%Added
Atomi Financial Group, Inc.11,481$2.79M0.08%−174−1.5%Reduced
Sequoia Financial Advisors, LLC11,328$2.75M0.02%−2,745−19.5%Reduced
Navellier & Associates Inc11,270$2.74M0.31%−316−2.7%Reduced
United Capital Financial Advisers, LLC11,260$2.74M0.02%−67−0.6%Reduced
Ravenswood Partners LP11,158$2.71M0.90%+319+2.9%Added
Independent Advisor Alliance11,154$2.71M0.07%+865+8.4%Added
XTX Topco Ltd11,130$2.70M0.07%+4,987+81.2%Added
Burkett Asset Management Ltd11,023$2.68M2.71%+11,023New
Primecap Management Co11,000$2.67M0.00%+11,000New
Alaethes Wealth LLC10,963$2.66M0.75%−20−0.2%Reduced
Principal Securities, Inc.10,944$2.66M0.04%+820+8.1%Added
Aaron Wealth Advisors10,326$2.51M0.14%+1,703+19.7%Added
Frank, Rimerman Advisors LLC10,213$2.48M0.16%+5,821+132.5%Added
Coldstream Capital Management Inc10,036$2.44M0.03%−2,681−21.1%Reduced
China Universal Asset Management Co., Ltd.10,000$2.43M0.19%+1,400+16.3%Added
Weatherly Asset Management L. P.9,922$2.41M0.19%+14+0.1%Added
Venturi Wealth Management, LLC9,888$2.40M0.11%+936+10.5%Added
Evolve Private Wealth, LLC9,786$2.38M0.14%+9,786New
Havemeyer Place LP9,714$2.36M0.47%+9,714New
Qtron Investments LLC9,711$2.36M0.31%−2,301−19.2%Reduced
Hennion & Walsh Asset Management, Inc.9,430$2.29M0.08%+1,088+13.0%Added
Legacy Wealth Asset Management, LLC9,329$2.27M0.56%+759+8.9%Added
Smartleaf Asset Management LLC9,253$2.26M0.09%+491+5.6%Added
Prospera Financial Services Inc9,164$2.23M0.04%−65−0.7%Reduced
Dorsey & Whitney Trust CO LLC9,162$2.23M0.12%+241+2.7%Added
Aptus Capital Advisors, LLC9,097$2.21M0.02%+89+1.0%Added
BTC Capital Management, Inc.9,033$2.20M0.15%+2,114+30.6%Added
PCM Encore, LLC9,006$2.19M0.47%+9,006New
Keybank National Association8,644$2.10M0.01%−5,294−38.0%Reduced
Snowden Capital Advisors LLC8,489$2.06M0.05%−442−4.9%Reduced
Louisbourg Investments Inc.8,480$2.06M0.41%+900+11.9%Added
William Blair Investment Management, LLC8,417$2.04M0.01%−1,098−11.5%Reduced
Cunning Capital Partners, LP8,407$2.04M0.94%00.0%Unchanged
Regions Financial Corp8,244$2.00M0.01%−2,453−22.9%Reduced
Farther Finance Advisors, LLC8,179$1.99M0.02%+3,223+65.0%Added
Analyst IMS Investment Management Services Ltd.8,150$1.98M0.06%00.0%Unchanged
Prime Capital Investment Advisors, LLC8,080$1.96M0.02%+229+2.9%Added
Fiduciary Alliance LLC8,050$1.96M0.13%+2,137+36.1%Added
Little House Capital LLC8,033$1.95M0.49%+8,033New
Natural Investments, LLC7,805$1.90M0.47%+199+2.6%Added
Ellevest, Inc.7,791$1.89M0.26%−664−7.9%Reduced
Cresset Asset Management, LLC7,677$1.86M0.01%−409−5.1%Reduced
Banco de Sabadell, S.A7,657$1.86M1.21%−47−0.6%Reduced
Arkadios Wealth Advisors7,610$1.85M0.04%−275−3.5%Reduced
Marks Group Wealth Management, Inc7,575$1.84M0.18%−1,319−14.8%Reduced
UBS Asset Management Americas Inc7,574$1.84M0.00%+7,574New
SevenBridge Financial Group, LLC7,658$1.84M0.30%−170−2.2%Reduced
Permanens Capital L.P.7,535$1.83M0.24%+7,535New
Advisors Capital Management, LLC7,450$1.81M0.02%+532+7.7%Added
Ballentine Partners, LLC7,441$1.81M0.03%−382−4.9%Reduced
Burney Co7,414$1.80M0.06%+147+2.0%Added
Lester Murray Antman dba SimplyRich7,375$1.79M0.47%00.0%Unchanged
HighPoint Advisor Group LLC7,334$1.78M0.04%+2,300+45.7%Added
Concurrent Investment Advisors, LLC7,227$1.76M0.02%+3,062+73.5%Added