SAP
SAP SE · Technology · Software - Application
Momentum inputs (comparable managers):
holder breadth -14.3% ·
share flow +1.3% ·
net new positions -16.7%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2025
| 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 ✦ | 14.16M | +9.0% | $4.31B | 1.7% | ▲ Add | 5 | SEC ↗ |
| 2 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 3 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 4 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 5 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 6 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 7 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 8 | Fidelity (FMR) ✦ | 9.02M | — | $2.74B | 0.2% | n/c | 1 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 12 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 13 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 14 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 15 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 16 | BlackRock ✦ (passive) | 1.32M | — | $400.57M | 0.0% | n/c | 1 | SEC ↗ |
| 17 | Wellington Management ✦ | 524.58K | -14.1% | $159.52M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 18 | Wellington Management ✦ | 524.58K | -14.1% | $159.52M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 19 | Wellington Management ✦ | 524.58K | -14.1% | $159.52M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 20 | Wellington Management ✦ | 524.58K | -14.1% | $159.52M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 21 | Wellington Management ✦ | 524.58K | -14.1% | $159.52M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 22 | Wellington Management ✦ | 524.58K | -14.1% | $159.52M | 0.0% | ▼ Trim | 3 | SEC ↗ |
| 23 | Arrowstreet Capital ✦ | 166.17K | -66.6% | $50.53M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 24 | Citadel Advisors ✦ | 55.98K | +152.3% | $17.02M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 25 | AQR Capital Management ✦ | 33.05K | +102.6% | $10.05M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 26 | AQR Capital Management ✦ | 33.05K | +102.6% | $10.05M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 27 | AQR Capital Management ✦ | 33.05K | +102.6% | $10.05M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 28 | AQR Capital Management ✦ | 33.05K | +102.6% | $10.05M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 29 | Capital World Investors ✦ | 24.02K | +7.1% | $7.23M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 30 | State Street Global Advisors ✦ (passive) | 12.18K | 0.0% | $3.71M | 0.0% | Held | 3 | SEC ↗ |
| 31 | Millennium Management ✦ | 6.16K | -92.6% | $1.87M | 0.0% | ▼ Trim | 5 | SEC ↗ |
| 32 | T. Rowe Price ✦ | 3.24K | -89.9% | $988,000 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 33 | T. Rowe Price ✦ | 3.24K | -89.9% | $988,000 | 0.0% | ▼ Trim | 4 | SEC ↗ |
| 34 | Gotham Asset Management ✦ | 857 | New | $260,614 | 0.0% | New | 1 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Gotham Asset Management | $260,614 | 0.0% |
Exited
| Marshall Wace | $91.04M | was 0.1% |
| Adage Capital Partners | $4.03M | was 0.0% |
| D. E. Shaw & Co. | $2.17M | 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.