SAP
SAP SE · Technology · Software - Application
Momentum inputs (comparable managers):
holder breadth -16.7% ·
share flow +14.2% ·
net new positions -20.0%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q4 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 113 | -9 | 58.53M | $9.02B | +6 | −14 |
| Q1 2026 | 123 | -2 | 62.53M | $10.69B | +7 | −10 |
| Q4 2025 | 124 | +1 | 52.53M | $12.76B | +3 | −1 |
| Q3 2025 | 17 | +2 | 32.68M | $8.73B | +2 | — |
| Q2 2025 | 12 | -2 | 25.32M | $7.70B | +1 | −3 |
| Q1 2025 | 12 | +2 | 14.65M | $3.93B | +2 | — |
| Q4 2024 | 10 | -2 | 6.33M | $1.56B | +1 | −3 |
| Q3 2024 | 11 | +1 | 5.54M | $1.28B | +1 | — |
| Q2 2024 | 10 | — | 5.87M | $1.18B | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Fisher Asset Management ✦ | 5.12M | +8.6% | $1.26B | 0.5% | ▲ Add | 3 | SEC ↗ |
| 2 | Wellington Management ✦ | 664.60K | New | $163.63M | 0.0% | New | 1 | SEC ↗ |
| 3 | Wellington Management ✦ | 664.60K | New | $163.63M | 0.0% | New | 1 | SEC ↗ |
| 4 | Wellington Management ✦ | 664.60K | New | $163.63M | 0.0% | New | 1 | SEC ↗ |
| 5 | Wellington Management ✦ | 664.60K | New | $163.63M | 0.0% | New | 1 | SEC ↗ |
| 6 | Wellington Management ✦ | 664.60K | New | $163.63M | 0.0% | New | 1 | SEC ↗ |
| 7 | Arrowstreet Capital ✦ | 423.90K | +49.1% | $104.37M | 0.1% | ▲ Add | 3 | SEC ↗ |
| 8 | T. Rowe Price ✦ | 41.49K | -37.5% | $10.23M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 9 | T. Rowe Price ✦ | 41.49K | -37.5% | $10.23M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 10 | Millennium Management ✦ | 37.20K | -56.5% | $9.16M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 11 | Capital World Investors ✦ | 22.59K | +53.7% | $5.62M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 12 | State Street Global Advisors ✦ (passive) | 12.18K | — | $3.00M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | AQR Capital Management ✦ | 10.95K | +52.2% | $2.69M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 14 | AQR Capital Management ✦ | 10.95K | +52.2% | $2.69M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 15 | AQR Capital Management ✦ | 10.95K | +52.2% | $2.69M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 16 | AQR Capital Management ✦ | 10.95K | +52.2% | $2.69M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 17 | D. E. Shaw & Co. ✦ | 2.15K | +26.6% | $529,844 | 0.0% | ▲ Add | 3 | SEC ↗ |
| 18 | Citadel Advisors ✦ | 134 | -99.8% | $32,992 | 0.0% | ▼ Trim | 3 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Wellington Management | $163.63M | 0.0% |
| Wellington Management | $163.63M | 0.0% |
| Wellington Management | $163.63M | 0.0% |
| Wellington Management | $163.63M | 0.0% |
| Wellington Management | $163.63M | 0.0% |
Exited
| Point72 Asset Management | $54.55M | was 0.2% |
| Adage Capital Partners | $12.60M | was 0.0% |
| Marshall Wace | $481,110 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 2 holders, 49.49K shares, $5.67M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.