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Sap SE · 13F filings

SAP Institutional Ownership

Holdings as of Jun 30, 2026From SEC Form 13FUpdated

Who owns Sap SE and what the big funds did with it last quarter, from every SEC 13F filing. 817 funds reported holding SAP at Jun 30, 2026.

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Fund sentiment
Neutral
Strongly bearishNeutralStrongly bullish
  • ▲441 buying vs 367 selling
  • ▼Shares held by funds -3.2%
  • ▼Funds holding -32
  • ▼Superinvestors: 0 added, 2 cut
  • ▲Put/call 1.53 to 0.53

What the filings show, not a forecast. Positions can be up to 45 days old and leave out short sales.

Funds holding817−32 vs Q1 2026
Held by funds–of shares outstanding
Value held$13B84.1M shares
Put/call ratio0.53down from 1.53

Funds holding and ownership

8 quarters
Q3 2024: 792 fundsQ3 '24Q4 2024: 860 fundsQ4 '24Q1 2025: 890 fundsQ1 '25Q2 2025: 972 fundsQ2 '25Q3 2025: 932 fundsQ3 '25Q4 2025: 931 fundsQ4 '25Q1 2026: 849 fundsQ1 '26Q2 2026: 817 fundsQ2 '26
Funds holding

Quarter over quarter

all 13F filers
Q2 2026This quarterQ1 2026Change
Funds holding817849−3.8%
In funds' top 1067−14.3%
13F shares84.1M86.9M−3.2%
Held by funds–––
New positions9588+8.0%
Increased346340+1.8%
Reduced245290−15.5%
Sold out122170−28.2%
Calls (shares)1.2M499K+142.3%
Puts (shares)633K766K−17.4%
Put/call ratio0.531.53−65.4%

Buyers vs sellers

adding or new vs cutting or sold out
Q4 2024: 391 buyingQ4 2024: 347 sellingQ4 '24Q1 2025: 401 buyingQ1 2025: 422 sellingQ1 '25Q2 2025: 486 buyingQ2 2025: 397 sellingQ2 '25Q3 2025: 437 buyingQ3 2025: 465 sellingQ3 '25Q4 2025: 414 buyingQ4 2025: 460 sellingQ4 '25Q1 2026: 428 buyingQ1 2026: 460 sellingQ1 '26Q2 2026: 441 buyingQ2 2026: 367 sellingQ2 '26
Buying 441Selling 367latest quarter

Superinvestors in SAP

All superinvestors →

Who owns SAP

share of fund held shares
  • Index and passive funds3.9%
  • Active managers and hedge funds72.8%
  • Banks and brokers22.9%
  • Pensions, insurers and other0.3%

The top 10 holders own 63.6% of all SAP shares that funds reported. Groups are our own grouping of filers by name.

Put/call ratio

funds' options, market makers left out
1.00Q3 2024: 3.02Q3 '24Q4 2024: 1.47Q4 '24Q1 2025: 6.35Q1 '25Q2 2025: 2.75Q2 '25Q3 2025: 0.58Q3 '25Q4 2025: 0.53Q4 '25Q1 2026: 1.53Q1 '26Q2 2026: 0.53Q2 '260.53

Above 1 means funds hold more puts than calls, a sign of hedging or bets on a fall. Options are valued at the underlying shares.

Filed so far for Q3 2026

334 funds changed their position

🔒 Free account: see all 20.

Top holders

Q2 2026
#FundOf companySharesValueChange
1Fisher Asset Management, LLC–14.9M$2.3B+397K
2Eagle Capital Management LLC–8.6M$1.3B+792K
3Goldman Sachs Group Inc–6M$928M+2.7M
4Capital International Investors–5.7M$877M+670K
5Morgan Stanley–5.5M$844M+1.9M
6Windacre Partnership LLC–4.4M$678M+1.6M
7Hotchkis & Wiley Capital Management LLC–2.5M$387M+2.3M
8Bank of America Corp /de/–2.4M$369M+373K
9Fmr LLC–2M$307M−4.6M
10D. E. Shaw & Co., Inc.–1.5M$223M−2.8M
🔒 15 more top holders. Create a free account or sign in to see them.
Biggest buyers
Biggest sellers

SAP institutional ownership FAQ

Who owns the most SAP stock?

In Q2 2026 13F filings the largest holder of SAP was Fisher Asset Management, LLC, followed by Eagle Capital Management LLC and Goldman Sachs Group Inc. Index fund managers are usually the biggest holders of large companies.

What percentage of SAP is owned by institutions?

817 funds reported holding 84.1M SAP shares at Jun 30, 2026.

Are hedge funds buying SAP?

In Q2 2026, 441 funds bought SAP (95 of them new positions) and 367 sold (122 sold out completely). Among well known investors, 0 added and 2 cut. Our fund sentiment for SAP is neutral.

What is SAP's institutional put/call ratio?

Funds reported $97.5M of SAP puts against $184M of calls, a put/call ratio of 0.53 (1.53 the quarter before). Market makers and bank trading desks are left out, since their options are mostly hedges.

How current is this SAP ownership data?

13F filings show holdings at the end of each quarter and are due within 45 days, so positions can be up to six weeks old when they appear. We add each new filing within minutes, and the "filed so far" list shows funds that have already reported the next quarter.

For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Fund sentiment summarises what 13F filings show and is not a forecast. Holdings come from SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.