SAP
SAP SE · Technology · Software - Application
Momentum inputs (comparable managers):
holder breadth -1.6% ·
share flow +19.1% ·
net new positions -2.4%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q1 2026
| 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 ✦ | 14.53M | -1.3% | $2.49B | 0.8% | ▼ Trim | 8 | SEC ↗ |
| 2 | Fidelity (FMR) ✦ | 6.58M | -3.1% | $1.13B | 0.1% | ▼ Trim | 4 | SEC ↗ ×5 |
| 3 | Capital International Investors | 5.01M | +39.7% | $854.40M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 4 | D. E. Shaw & Co. ✦ | 4.26M | +85.0% | $728.78M | 0.6% | ▲ Add | 3 | SEC ↗ ×2 |
| 5 | Morgan Stanley ✦ | 3.62M | -1.8% | $619.10M | 0.0% | ▼ Trim | 3 | SEC ↗ ×14 |
| 6 | Goldman Sachs Group ✦ | 3.30M | +119.1% | $565.06M | 0.1% | ▲ Add | 3 | SEC ↗ ×4 |
| 7 | Bank Of America Corp /De/ | 2.02M | +15.9% | $345.57M | 0.0% | ▲ Add | 2 | SEC ↗ ×7 |
| 8 | Northern Trust Corp | 1.43M | -4.8% | $244.80M | 0.0% | ▼ Trim | 2 | SEC ↗ ×3 |
| 9 | UBS Group AG | 1.38M | +325.0% | $236.02M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 10 | JPMorgan Chase ✦ | 1.28M | +6.4% | $214.93M | 0.0% | ▲ Add | 3 | SEC ↗ ×10 |
| 11 | Ameriprise Financial Inc | 1.20M | -3.7% | $207.82M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 12 | BlackRock ✦ (passive) | 1.15M | -5.7% | $197.42M | 0.0% | ▼ Trim | 4 | SEC ↗ ×8 |
| 13 | Tidal Investments LLC | 1.02M | +4778.5% | $172.52M | 0.5% | ▲ Add | 2 | SEC ↗ |
| 14 | Bnp Paribas Financial Markets | 983.11K | +95.9% | $168.32M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 15 | MIRAE ASSET GLOBAL ETFS HOLDINGS… | 894.80K | +162000.9% | $153.15M | 0.2% | ▲ Add | 2 | SEC ↗ ×3 |
| 16 | Arrowstreet Capital ✦ | 880.21K | New | $150.70M | 0.1% | New | 1 | SEC ↗ |
| 17 | Wcm Investment Management, Llc | 833.58K | -25.6% | $140.28M | 0.3% | ▼ Trim | 2 | SEC ↗ |
| 18 | Wells Fargo & Company/Mn | 715.14K | -0.1% | $122.44M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 19 | Jane Street Group, Llc | 702.78K | +725.8% | $120.32M | 0.1% | ▲ Add | 2 | SEC ↗ ×3 |
| 20 | Royal Bank Of Canada | 701.89K | -2.1% | $120.17M | 0.0% | ▼ Trim | 2 | SEC ↗ ×11 |
| 21 | Envestnet Asset Management Inc | 701.06K | -4.0% | $120.03M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 22 | Principal Financial Group Inc | 550.53K | +48.2% | $94.26M | 0.1% | ▲ Add | 2 | SEC ↗ ×3 |
| 23 | Connor, Clark & Lunn Investment… | 533.73K | +276.6% | $91.38M | 0.2% | ▲ Add | 2 | SEC ↗ |
| 24 | Two Sigma Investments ✦ | 445.44K | +454.0% | $76.26M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 25 | Brown Advisory Inc | 427.15K | +7867.8% | $73.13M | 0.1% | ▲ Add | 2 | SEC ↗ ×3 |
| 26 | Td Asset Management Inc | 380.25K | -2.5% | $65.10M | 0.1% | ▼ Trim | 2 | SEC ↗ ×2 |
| 27 | Citadel Advisors ✦ | 339.21K | +184.0% | $58.08M | 0.0% | ▲ Add | 8 | SEC ↗ ×2 |
| 28 | CIBC Bancorp USA Inc. | 320.12K | — | $54.91M | 0.1% | n/c | 1 | SEC ↗ ×2 |
| 29 | Massachusetts Financial Services Co… | 228.46K | +8.9% | $47.43M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 30 | First Trust Advisors Lp | 267.08K | +9.1% | $45.73M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 31 | Hotchkis & Wiley Capital Management… | 256.50K | New | $43.91M | 0.1% | New | 1 | SEC ↗ |
| 32 | Raymond James Financial Inc | 246.55K | -30.9% | $42.19M | 0.0% | ▼ Trim | 2 | SEC ↗ ×5 |
| 33 | Bank of New York Mellon Corp | 226.79K | -6.9% | $38.83M | 0.0% | ▼ Trim | 2 | SEC ↗ ×10 |
| 34 | Marshall Wace ✦ | 197.39K | +38.5% | $33.80M | 0.0% | ▲ Add | 3 | SEC ↗ |
| 35 | Clearbridge Investments, LLC | 189.17K | -65.2% | $32.39M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 36 | Neuberger Berman Group LLC | 185.26K | -20.3% | $31.72M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 37 | 1832 Asset Management L.P. | 180.93K | -0.1% | $30.98M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 38 | Sei Investments Co | 178.97K | -23.9% | $30.64M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 39 | Stifel Financial Corp | 156.80K | +1.3% | $26.85M | 0.0% | ▲ Add | 2 | SEC ↗ ×6 |
| 40 | Charles Schwab Investment… | 154.86K | +9.9% | $26.51M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 41 | Hsbc Holdings Plc | 154.57K | +4819.5% | $26.45M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 42 | Jones Financial Companies Lllp | 154.45K | +2300.2% | $25.33M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 43 | American Century Companies Inc | 147.16K | +22.3% | $25.20M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 44 | Quantinno Capital Management LP | 143.89K | +9.4% | $24.64M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 45 | Cerity Partners LLC | 139.77K | +12.4% | $23.93M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 46 | Tudor Investment Corp Et Al | 138.81K | +427.4% | $23.77M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 47 | Pnc Financial Services Group, Inc. | 132.99K | +41.6% | $22.77M | 0.0% | ▲ Add | 2 | SEC ↗ ×6 |
| 48 | Creative Planning | 128.57K | +1.0% | $22.01M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 49 | Fayez Sarofim & Co | 127.89K | +25.6% | $21.90M | 0.1% | ▲ Add | 2 | SEC ↗ ×2 |
| 50 | LPL Financial LLC | 126.09K | -0.7% | $21.59M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 51 | Aberdeen Group plc | 119.23K | New | $20.41M | 0.0% | New | 1 | SEC ↗ |
| 52 | Bank Of Montreal /Can/ | 114.42K | -12.9% | $19.59M | 0.0% | ▼ Trim | 2 | SEC ↗ ×7 |
| 53 | AQR Capital Management ✦ | 102.24K | +137.4% | $17.50M | 0.0% | ▲ Add | 8 | SEC ↗ ×4 |
| 54 | Grantham, Mayo, Van Otterloo & Co.… | 100.99K | +32.1% | $17.29M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 55 | Us Bancorp \De\ | 97.95K | -9.7% | $16.77M | 0.0% | ▼ Trim | 2 | SEC ↗ ×3 |
| 56 | UBS AM, a distinct business unit of… | 97.59K | +1188.5% | $16.71M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 57 | HighTower Advisors, LLC | 90.30K | +9.7% | $15.46M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 58 | Susquehanna International Group, Llp | 89.92K | +120.0% | $15.40M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 59 | Barclays Plc | 89.24K | New | $15.28M | 0.0% | New | 1 | SEC ↗ |
| 60 | Russell Investments Group, Ltd. | 74.19K | -15.6% | $12.70M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 61 | Assetmark, Inc | 73.29K | +15.2% | $12.55M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 62 | Wellington Management ✦ | 68.43K | -76.1% | $11.72M | 0.0% | ▼ Trim | 6 | SEC ↗ ×5 |
| 63 | Dimensional Fund Advisors Lp | 60.05K | -17.4% | $10.28M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 64 | Cetera Investment Advisers | 57.72K | -14.5% | $9.88M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 65 | Allspring Global Investments… | 56.21K | -38.0% | $9.63M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 66 | Mercer Global Advisors Inc /Adv | 56.01K | +3.5% | $9.59M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 67 | Invesco Ltd. | 50.84K | +22.6% | $8.70M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 68 | Mariner, LLC | 50.74K | +0.8% | $8.68M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 69 | Jennison Associates Llc | 48.32K | -68.3% | $8.27M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 70 | Focus Partners Wealth | 47.81K | +10.9% | $8.19M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 71 | TD Waterhouse Canada Inc. | 46.90K | +1079.1% | $8.02M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 72 | Truist Financial Corp | 45.77K | +1.7% | $7.84M | 0.0% | ▲ Add | 2 | SEC ↗ ×3 |
| 73 | Peak6 Llc | 41.86K | New | $7.17M | 0.2% | New | 1 | SEC ↗ |
| 74 | Mml Investors Services, Llc | 37.40K | -36.9% | $6.40M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 75 | Captrust Financial Advisors | 34.50K | -26.4% | $5.91M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 76 | National Bank Of Canada /Fi/ | 34.32K | +7.8% | $5.87M | 0.0% | ▲ Add | 2 | SEC ↗ ×2 |
| 77 | CIBC Asset Management Inc | 32.56K | +3.7% | $5.51M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 78 | Citigroup Inc | 31.41K | -29.4% | $5.38M | 0.0% | ▼ Trim | 2 | SEC ↗ ×3 |
| 79 | Cibc World Market Inc. | 29.62K | -57.3% | $5.07M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 80 | Franklin Resources Inc | 27.62K | -36.3% | $4.73M | 0.0% | ▼ Trim | 2 | SEC ↗ ×4 |
| 81 | Rhumbline Advisers | 27.20K | +3.6% | $4.66M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 82 | Walleye Trading LLC | 27.15K | +820.2% | $4.65M | 0.1% | ▲ Add | 2 | SEC ↗ |
| 83 | Deutsche Bank Ag\ | 27.06K | -81.9% | $4.63M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 84 | Corient Private Wealth LP | 27.03K | -63.6% | $4.56M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 85 | Rockefeller Capital Management L.P. | 26.36K | +18.9% | $4.51M | 0.0% | ▲ Add | 2 | SEC ↗ ×5 |
| 86 | Loomis Sayles & Co L P | 25.87K | -14.9% | $4.43M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 87 | Osaic Holdings, Inc. | 22.95K | +34.0% | $3.93M | 0.0% | ▲ Add | 2 | SEC ↗ ×4 |
| 88 | T. Rowe Price ✦ | 22.30K | +332.6% | $3.82M | 0.0% | ▲ Add | 7 | SEC ↗ ×2 |
| 89 | Pacer Advisors, Inc. | 21.53K | +24.5% | $3.65M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 90 | Wealth Enhancement Advisory… | 81.25K | +177.1% | $3.51M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 91 | Millennium Management ✦ | 19.05K | -95.2% | $3.26M | 0.0% | ▼ Trim | 8 | SEC ↗ |
| 92 | Lazard Asset Management Llc | 18.55K | +2.7% | $3.18M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 93 | Northwestern Mutual Wealth… | 17.94K | -2.5% | $3.07M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 94 | Squarepoint Ops LLC | 16.73K | +213.9% | $2.86M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 95 | Commonwealth Equity Services, Llc | 16.59K | +9.3% | $2.84M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 96 | Lido Advisors, LLC | 15.90K | -31.1% | $2.72M | 0.0% | ▼ Trim | 2 | SEC ↗ ×2 |
| 97 | Alliancebernstein L.P. | 11.09K | -45.9% | $2.69M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 98 | New York State Common Retirement… | 15.34K | +25.2% | $2.63M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 99 | Capital World Investors ✦ | 14.88K | -36.6% | $2.50M | 0.0% | ▼ Trim | 8 | SEC ↗ |
| 100 | Kayne Anderson Rudnick Investment… | 14.49K | +18.9% | $2.48M | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| Arrowstreet Capital | $150.70M | 0.1% |
| Hotchkis & Wiley Capital… | $43.91M | 0.1% |
| Aberdeen Group plc | $20.41M | 0.0% |
| Barclays Plc | $15.28M | 0.0% |
| Peak6 Llc | $7.17M | 0.2% |
Exited
| Manufacturers Life Insurance… | $89.91M | was 0.1% |
| Norges Bank | $81.78M | was 0.0% |
| Nomura Asset Management… | $72.78M | was 0.1% |
| Optiver Holding B.V. | $7.33M | was 0.1% |
| Nomura Asset Management Co Ltd | $1.68M | was 0.0% |
| Hrt Financial Lp | $1.11M | was 0.0% |
| GQG Partners LLC | $425,016 | was 0.0% |
| Voya Investment Management Llc | $396,186 | was 0.0% |
| Empower Advisory Group, LLC | $299,022 | was 0.0% |
| Financial Engines Advisors… | $264,043 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 837 holders, 85.40M shares, $14.47B 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.