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
Sterling Capital Management LLC7,177$1.74M0.03%−2,176−23.3%Reduced
West Family Investments, Inc.7,126$1.73M0.41%+610+9.4%Added
Gibbs Wealth Management6,946$1.72M0.42%−1,770−20.3%Reduced
DMG Group, LLC6,945$1.69M1.13%+504+7.8%Added
Global Retirement Partners, LLC6,930$1.68M0.03%+5,500+384.6%Added
Nomura Asset Management Co Ltd6,915$1.68M0.00%−3,275−32.1%Reduced
Merit Financial Group, LLC6,812$1.65M0.01%−273−3.9%Reduced
Madison Asset Management, LLC6,810$1.65M0.02%+1,075+18.7%Added
Engineers Gate Manager LP6,767$1.64M0.02%+6,767New
GeoWealth Management, LLC6,751$1.64M0.06%+893+15.2%Added
Personal Cfo Solutions, LLC6,653$1.62M0.26%−1,796−21.3%Reduced
Jones Financial Companies LLLP6,435$1.56M0.00%+1,438+28.8%Added
Diversify Advisory Services, LLC6,657$1.56M0.05%−985−12.9%Reduced
Weaver Capital Management LLC6,349$1.54M0.33%+6,349New
SALT Holding Corp.6,232$1.51M1.19%+6,232New
Sterling Investment Management, Inc.6,224$1.51M0.86%+6,224New
Aigen Investment Management, LP6,212$1.51M0.35%+6,212New
Kestra Advisory Services, LLC6,176$1.50M0.01%−1,116−15.3%Reduced
Palogic Value Management, L.P.6,119$1.49M0.64%+106+1.8%Added
Catalytic Wealth RIA, LLC6,111$1.48M0.05%+658+12.1%Added
Pinnacle Wealth Planning Services, Inc.6,029$1.46M0.15%−102−1.7%Reduced
Syon Capital LLC6,024$1.46M0.07%+633+11.7%Added
Checchi Capital Advisers, LLC6,000$1.46M0.10%−376−5.9%Reduced
Stablepoint Partners, LLC5,980$1.45M0.23%+80+1.4%Added
Connable Office Inc5,924$1.44M0.13%−176−2.9%Reduced
Abacus Wealth Partners, LLC5,886$1.43M0.14%+5,886New
Advisory Services Network, LLC5,870$1.43M0.02%+122+2.1%Added
Parallel Advisors, LLC5,845$1.42M0.03%−527−8.3%Reduced
Covenant Partners, LLC5,763$1.40M0.41%00.0%Unchanged
Daiwa Securities Group Inc.5,743$1.40M0.00%+664+13.1%Added
Cypress Advisory Group LLC5,718$1.39M1.02%00.0%Unchanged
Greenleaf Trust5,569$1.35M0.01%+629+12.7%Added
Asset Dedication, LLC5,489$1.33M0.09%−88−1.6%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.5,585$1.32M0.00%+2,833+102.9%Added
Calamos Advisors LLC5,398$1.31M0.01%−300−5.3%Reduced
GAMMA Investing LLC5,382$1.31M0.07%−31−0.6%Reduced
Family Legacy Financial Solutions, LLC5,762$1.30M1.01%00.0%Unchanged
Brown Advisory Inc5,361$1.30M0.00%+575+12.0%Added
Squarepoint Ops LLC5,330$1.29M0.00%−16,524−75.6%Reduced
Confluence Investment Management LLC5,279$1.28M0.02%+219+4.3%Added
Bank of Nova Scotia5,261$1.28M0.00%−319−5.7%Reduced
Pinnacle Associates Ltd5,251$1.28M0.02%−78−1.5%Reduced
Price T Rowe Associates Inc5,156$1.25M0.00%+1,454+39.3%Added
Modern Wealth Management, LLC5,111$1.24M0.02%+111+2.2%Added
Cambridge Investment Research Advisors, Inc.5,094$1.24M0.00%−199−3.8%Reduced
Private Advisor Group, LLC5,061$1.23M0.01%−217−4.1%Reduced
Profund Advisors LLC5,037$1.22M0.04%+424+9.2%Added
Sendero Wealth Management, LLC5,014$1.22M0.14%+1,427+39.8%Added
Portside Wealth Group, LLC4,871$1.18M0.16%−1,016−17.3%Reduced
Mitchell & Pahl Private Wealth, LLC4,845$1.18M0.49%−75−1.5%Reduced
AlphaCore Capital LLC4,826$1.17M0.03%−621−11.4%Reduced
Clearstead Advisors, LLC4,761$1.16M0.01%+241+5.3%Added
Gabelli Funds LLC4,740$1.15M0.01%+20+0.4%Added
Johnson Investment Counsel Inc4,738$1.15M0.01%−440−8.5%Reduced
Abel Hall, LLC4,724$1.15M0.27%+2,416+104.7%Added
Haverford Trust Co4,719$1.15M0.01%+950+25.2%Added
Boston Trust Walden Corp4,695$1.14M0.01%−1,630−25.8%Reduced
Intrust Bank NA4,672$1.13M0.09%−281−5.7%Reduced
Banco Bilbao Vizcaya Argentaria, S.A.4,633$1.13M0.01%+3,442+289.0%Added
Fidelis Capital Partners, LLC4,573$1.11M0.08%+875+23.7%Added
HRT Financial LP4,555$1.11M0.00%+2,791+158.2%Added
Brucke Financial, Inc.4,546$1.10M0.60%−111−2.4%Reduced
Steward Partners Investment Advisory, LLC4,448$1.08M0.01%+1,297+41.2%Added
New Republic Capital, LLC4,324$1.05M0.28%+2,753+175.2%Added
MAI Capital Management4,316$1.05M0.01%−55−1.3%Reduced
Basecamp Wealth Advisors LLC4,312$1.05M0.22%+4,312New
Kathmere Capital Management, LLC4,300$1.04M0.07%+281+7.0%Added
AE Wealth Management LLC4,297$1.04M0.01%+191+4.7%Added
Harbour Investment Management LLC4,257$1.03M0.55%−1,912−31.0%Reduced
PDS Planning, Inc4,242$1.03M0.07%−430−9.2%Reduced
Bridgewater Advisors Inc.4,478$1.01M0.07%−459−9.3%Reduced
CWM, LLC4,129$1.00M0.00%+180+4.6%Added
SRS Capital Advisors, Inc.4,118$1.00M0.03%−2,077−33.5%Reduced
Quantitative Investment Management, LLC4,107$997.0K0.10%+2,180+113.1%Added
Fifth Third Bancorp4,044$982.3K0.00%−11,690−74.3%Reduced
Sivia Capital Partners, LLC4,039$981.1K0.20%+1,125+38.6%Added
Dynamic Advisor Solutions LLC4,022$977.0K0.03%+375+10.3%Added
Canandaigua National Bank & Trust Co4,016$975.5K0.09%−852−17.5%Reduced
Public Employees Retirement System of Ohio4,000$971.6K0.00%00.0%Unchanged
Marathon Trading Investment Management LLC4,000$971.6K0.12%+4,000New
TD Waterhouse Canada Inc.3,978$966.0K0.01%−5,472−57.9%Reduced
Hilltop Holdings Inc.3,962$962.3K0.06%+242+6.5%Added
Modera Wealth Management, LLC3,912$950.3K0.01%+48+1.2%Added
SG Americas Securities, LLC3,887$944.0K0.00%−25,080−86.6%Reduced
EP Wealth Advisors, LLC3,811$925.7K0.00%+3,811New
Thrivent Financial for Lutherans3,743$916.0K0.00%−417,430−99.1%Reduced
SlateStone Wealth, LLC3,751$911.0K0.08%−265−6.6%Reduced
Wealth Alliance3,747$910.1K0.09%−210−5.3%Reduced
Ronald Blue Trust, Inc.3,734$907.1K0.01%−590−13.6%Reduced
Northern Financial Advisors Inc3,732$906.5K1.04%−1,665−30.9%Reduced
Fox Run Management, L.L.C.3,722$904.1K0.14%+3,722New
Principal Street Partners, LLC3,722$904.1K0.15%−146−3.8%Reduced
SOL Capital Management CO3,708$901.0K0.08%00.0%Unchanged
Leith Wheeler Investment Counsel Ltd.3,670$891.5K0.07%+2,770+307.8%Added
Pensionmark Financial Group, LLC3,667$890.8K0.01%−154−4.0%Reduced
Apollon Wealth Management, LLC3,655$887.9K0.02%−193−5.0%Reduced
Mission Wealth Management, LP3,642$884.6K0.02%−26−0.7%Reduced
Mount Yale Investment Advisors, LLC3,603$875.2K0.04%−4,401−55.0%Reduced
Valeo Financial Advisors, LLC3,582$870.2K0.02%−89−2.4%Reduced
Diversified Trust Co3,568$866.7K0.02%+1,018+39.9%Added