| 6.5M |
| $998.1M |
| +96.2% |
| 0.556% |
| 0.09% |
| 4 | Capital International Investors | 5.7M | $876.6M | +13.4% | 0.488% | 0.18% |
| 5 | MORGAN STANLEY | 5.5M | $843.9M | +51.4% | 0.470% | 0.04% |
| 6 | WINDACRE PARTNERSHIP LLC | 4.4M | $678.0M | +59.3% | 0.378% | 6.70% |
| 7 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 2.5M | $386.6M | +878.1% | 0.215% | 1.13% |
| 8 | BANK OF AMERICA CORP /DE/ | 2.4M | $368.5M | +18.5% | 0.205% | 0.02% |
| 9 | FMR LLC | 2.0M | $307.0M | -69.7% | 0.171% | 0.01% |
| 10 | D. E. Shaw & Co., Inc. | 1.5M | $228.5M | -65.2% | 0.127% | 0.11% |
| 11 | BlackRock, Inc. | 1.2M | $192.6M | +8.4% | 0.107% | 0.00% |
| 12 | Ruane, Cunniff & Goldfarb L.P. | 1.2M | $190.6M | +64.9% | 0.106% | 2.96% |
| 13 | NORTHERN TRUST CORP | 1.1M | $176.7M | -19.8% | 0.098% | 0.02% |
| 14 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 1.1M | $174.0M | +40.3% | 0.097% | 0.01% |
| 15 | MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 917K | $141.4M | +2.5% | 0.079% | 0.17% |
| 16 | CITADEL ADVISORS LLC | 880K | $135.6M | +11.4% | 0.075% | 0.01% |
| 17 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 824K | $126.9M | -6.4% | 0.071% | 0.06% |
| 18 | WELLS FARGO & COMPANY/MN | 791K | $121.9M | +10.7% | 0.068% | 0.02% |
| 19 | ROYAL BANK OF CANADA | 784K | $120.9M | +11.7% | 0.067% | 0.02% |
| 20 | BROWN ADVISORY INC | 715K | $110.2M | +67.5% | 0.061% | 0.17% |
| 21 | JANE STREET GROUP, LLC | 714K | $110.0M | -25.6% | 0.061% | 0.01% |
| 22 | UBS Group AG | 681K | $104.9M | -50.6% | 0.058% | 0.01% |
| 23 | Squarepoint Ops LLC | 639K | $98.5M | +92.8% | 0.055% | 0.11% |
| 24 | Holocene Advisors, LP | 638K | $98.3M | — | 0.055% | 0.22% |
| 25 | CAUSEWAY CAPITAL MANAGEMENT LLC | 630K | $97.1M | +38.1% | 0.054% | 1.05% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in SAP — a direct measure of their conviction.
| 6.41% |
| +0.33 pp |
| $19.45B |
| +12% |
| Q4 2024 | 837 | +8.8% | 6.08% | +0.16 pp | $17.36B | +12% |
| Q3 2024 | 769 | — | 5.92% | — | $15.47B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
92 institutions opened new positions in SAP during Q2 2026, while 119 fully exited. 221 added to existing positions and 484 trimmed.
SAP institutional ownership fell by 0.08 percentage points quarter-over-quarter, with a net change of -21 holders.
The top 10 institutions account for 61.9% of all reported 13F value in SAP, and the top 25 account for 76.8%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.