DaveManuel.com · Institutional Ownership · Who Owns It
SAP SE (SAP)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
838
Reporting holders
$13.9B
Reported value
3.3%
Calls
3.3%
Puts
-22
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| Fisher Asset Management, LLC | $2.3B | 14,931,460 | 0.69% | 31q | +2.7%+$61.2M |
| EAGLE CAPITAL MANAGEMENT LLC | $1.3B | 8,640,615 | 4.07% | 12q | +10.1%+$122.1M |
| GOLDMAN SACHS GROUP INC | $998.1M incl. $69.9M options PUT | 6,023,085 | 0.09% | 31q | +82.5%+$451.2M |
| Capital International Investors | $876.6M | 5,681,413 | 0.18% | 31q | +13.4%+$103.3M |
| MORGAN STANLEY | $843.9M | 5,476,111 | 0.04% | 35q | +51.4%+$286.7M |
| WINDACRE PARTNERSHIP LLC | $678.0M | 4,399,300 | 6.70% | 23q | +59.3%+$252.3M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $386.6M | 2,508,905 | 1.13% | 2q | +878.1%+$347.1M |
| BANK OF AMERICA CORP /DE/ | $368.5M | 2,391,150 | 0.02% | 31q | +18.5%+$57.4M |
| FMR LLC | $307.0M | 1,991,923 | 0.01% | 31q | -69.7%-$707.2M |
| D. E. Shaw & Co., Inc. | $228.5M incl. $5.0M options CALL+PUT | 1,450,152 | 0.11% | 4q | -65.9%-$442.2M |
| BlackRock, Inc. | $192.6M | 1,249,520 | 0.00% | 8q | +8.4%+$14.9M |
| Ruane, Cunniff & Goldfarb L.P. | $190.6M | 1,236,546 | 2.96% | 4q | +64.9%+$75.0M |
| Tidal Investments LLC | $187.1M | 1,214,315 | 0.32% | 11q | +18.5%+$29.2M |
| NORTHERN TRUST CORP | $176.7M | 1,146,783 | 0.02% | 31q | -19.8%-$43.6M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $174.0M incl. $146.4M options CALL+PUT | 178,749 | 0.01% | 31q | +98.8%+$86.5M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $141.4M | 917,375 | 0.17% | 9q | +2.5%+$3.5M |
| CITADEL ADVISORS LLC | $135.6M incl. $121.5M options CALL+PUT | 91,981 | 0.02% | 31q | -72.9%-$364.6M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $126.9M | 823,529 | 0.06% | 2q | -6.4%-$8.7M |
| WELLS FARGO & COMPANY/MN | $121.9M | 791,300 | 0.02% | 31q | +10.6%+$11.7M |
| ROYAL BANK OF CANADA | $120.9M | 784,221 | 0.02% | 31q | +11.7%+$12.7M |
| BROWN ADVISORY INC | $110.2M | 715,364 | 0.17% | 7q | +67.5%+$44.4M |
| JANE STREET GROUP, LLC | $110.0M CALL+PUT | options only | 0.01% | 31q | OPTIONS |
| UBS Group AG | $104.9M | 680,559 | 0.01% | 31q | -50.6%-$107.6M |
| Squarepoint Ops LLC | $98.5M incl. $94.1M options CALL+PUT | 28,444 | 0.11% | 7q | +70.0%+$40.6M |
| Holocene Advisors, LP | $98.3M | 638,000 | 0.22% | new | NEW |
| CAUSEWAY CAPITAL MANAGEMENT LLC | $97.1M | 629,801 | 1.05% | 30q | +38.1%+$26.8M |
| BRANDES INVESTMENT PARTNERS, LP | $94.6M | 614,006 | 0.66% | 17q | +31.8%+$22.8M |
| ENVESTNET ASSET MANAGEMENT INC | $91.3M | 592,149 | 0.02% | 31q | -15.5%-$16.8M |
| PRINCIPAL FINANCIAL GROUP INC | $89.9M | 583,211 | 0.04% | 31q | +5.9%+$5.0M |
| First Pacific Advisors, LP | $85.6M | 555,426 | 1.06% | new | NEW |
| FIRST TRUST ADVISORS LP | $83.0M | 538,309 | 0.05% | 31q | +101.6%+$41.8M |
| IMC-Chicago, LLC | $72.6M CALL+PUT | options only | 0.02% | 9q | OPTIONS |
| Optiver Holding B.V. | $71.5M CALL+PUT | options only | 0.02% | 22q | OPTIONS |
| AMERIPRISE FINANCIAL INC | $67.8M | 441,524 | 0.01% | 31q | -63.1%-$116.0M |
| CIBC Bancorp USA Inc. | $61.6M | 399,809 | 0.07% | 2q | +24.9%+$12.3M |
| CRAWFORD INVESTMENT COUNSEL INC | $59.8M | 387,737 | 1.00% | 31q | +3.9%+$2.2M |
| Sustainable Growth Advisers, LP | $54.2M | 351,771 | 0.53% | 31q | -25.8%-$18.9M |
| JPMORGAN CHASE & CO | $50.2M | 324,086 | 0.00% | 31q | -74.6%-$147.6M |
| Aviso Financial Inc. | $44.6M | 289,401 | 1.55% | 9q | -3.0%-$1.4M |
| NATIXIS ADVISORS, LLC | $44.4M | 287,919 | 0.05% | 31q | +3.5%+$1.5M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $43.8M | 227,588 | 0.01% | 31q | HELD |
| Harding Loevner LP | $43.6M | 281,110 | 0.41% | 31q | -21.7%-$12.1M |
| MILLENNIUM MANAGEMENT LLC | $43.2M incl. $41.8M options CALL+PUT | 9,103 | 0.02% | 19q | -52.2%-$47.2M |
| TD Asset Management Inc | $37.5M | 243,499 | 0.03% | 31q | -36.0%-$21.1M |
| BNP PARIBAS FINANCIAL MARKETS | $36.7M incl. $4.6M options CALL+PUT | 208,031 | 0.01% | 31q | -78.8%-$136.7M |
| RAYMOND JAMES FINANCIAL INC | $36.3M | 235,293 | 0.01% | 7q | -4.6%-$1.7M |
| Bank of New York Mellon Corp | $35.2M | 228,173 | 0.01% | 31q | +0.6%+$213.4K |
| SEI INVESTMENTS CO | $33.2M | 215,546 | 0.03% | 31q | +20.4%+$5.6M |
| Quantinno Capital Management LP | $32.0M | 207,511 | 0.04% | 15q | +44.2%+$9.8M |
| Walleye Trading LLC | $30.2M incl. $29.6M options CALL+PUT | 4,368 | 0.03% | 28q | -83.9%-$157.7M |
| AMF Tjanstepension AB | $30.2M | 195,895 | 0.18% | 5q | HELD |
| Night Owl Capital Management, LLC | $29.1M | 188,848 | 3.05% | 13q | -24.2%-$9.3M |
| MARSICO CAPITAL MANAGEMENT LLC | $28.7M | 186,261 | 0.75% | 12q | +48.6%+$9.4M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $28.2M | 182,764 | 0.00% | 15q | +18.0%+$4.3M |
| Vident Advisory, LLC | $28.1M | 182,310 | 0.20% | 12q | +53.9%+$9.8M |
| JONES FINANCIAL COMPANIES LLLP | $27.5M | 177,112 | 0.01% | 19q | +14.7%+$3.5M |
| 1832 Asset Management L.P. | $27.4M | 177,629 | 0.01% | 16q | -1.8%-$508.1K |
| NEUBERGER BERMAN GROUP LLC | $27.3M | 176,863 | 0.02% | 31q | -4.5%-$1.3M |
| BECKER CAPITAL MANAGEMENT INC | $26.9M | 174,594 | 0.72% | 23q | +0.7%+$191.1K |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | $26.5M | 172,140 | 0.13% | new | NEW |
| AMERICAN CENTURY COMPANIES INC | $25.3M | 164,217 | 0.01% | 27q | +11.6%+$2.6M |
| Jain Global LLC | $24.9M incl. $15.4M options CALL+PUT | 61,457 | 0.10% | 3q | +3010.2%+$24.1M |
| COERENTE CAPITAL MANAGEMENT | $24.8M | 160,606 | 4.56% | 22q | +16.6%+$3.5M |
| STIFEL FINANCIAL CORP | $24.5M | 159,163 | 0.02% | 31q | +1.5%+$364.8K |
| Creative Planning | $24.3M | 157,554 | 0.01% | 31q | +22.5%+$4.5M |
| Quadrature Capital Ltd | $23.6M | 153,061 | 0.20% | 4q | -86.7%-$153.2M |
| Promethos Capital, LLC | $22.3M | 144,421 | 6.05% | 11q | +15.9%+$3.0M |
| Ironvine Capital Partners, LLC | $22.2M | 144,159 | 2.07% | new | NEW |
| CAPITAL FUND MANAGEMENT S.A. | $21.8M CALL+PUT | options only | 0.10% | 3q | OPTIONS |
| SIMPLEX TRADING, LLC | $21.4M CALL+PUT | options only | 0.01% | 31q | OPTIONS |
| PNC Financial Services Group, Inc. | $20.8M | 135,241 | 0.01% | 31q | +1.7%+$347.2K |
| LPL Financial LLC | $20.8M | 134,987 | 0.00% | 31q | +7.1%+$1.4M |
| Cerity Partners LLC | $20.2M | 130,973 | 0.02% | 19q | -6.3%-$1.4M |
| Fayez Sarofim & Co | $19.8M | 128,397 | 0.05% | 4q | HELD |
| Oribel Capital Management, LP | $19.7M CALL | options only | 0.60% | 3q | OPTIONS |
| BANK OF MONTREAL /CAN/ | $19.7M | 127,957 | 0.01% | 31q | +11.8%+$2.1M |
| Capital International, Inc./CA/ | $19.4M | 126,181 | 0.14% | 13q | +20.4%+$3.3M |
| RIVERBRIDGE PARTNERS LLC | $19.4M | 125,736 | 0.54% | 6q | -9.5%-$2.0M |
| Pathstone Holdings, LLC | $19.3M | 125,522 | 0.06% | 11q | -3.0%-$598.9K |
| Aberdeen Group plc | $18.4M | 119,200 | 0.03% | 2q | HELD |
| THORNBURG INVESTMENT MANAGEMENT INC | $18.3M | 119,017 | 0.18% | 12q | +17.3%+$2.7M |
| Grantham, Mayo, Van Otterloo & Co. LLC | $18.1M | 117,647 | 0.04% | 14q | +16.5%+$2.6M |
| Obermeyer Wealth Partners | $17.9M | 116,031 | 0.73% | 8q | +14.4%+$2.2M |
| CAPTRUST FINANCIAL ADVISORS | $17.7M | 115,068 | 0.03% | 27q | +233.5%+$12.4M |
| CIDEL ASSET MANAGEMENT INC | $17.3M | 111,952 | 0.83% | 10q | -22.1%-$4.9M |
| Dash Acquisitions Inc. | $16.2M | 79,218 | 3.28% | 23q | -2.4%-$389.9K |
| GROUP ONE TRADING LLC | $15.8M CALL+PUT | options only | 0.02% | 24q | OPTIONS |
| DEPRINCE RACE & ZOLLO INC | $15.7M | 102,198 | 0.26% | 2q | -36.9%-$9.2M |
| Ramirez Asset Management, Inc. | $15.7M | 101,630 | 1.63% | 12q | +184.9%+$10.2M |
| ASSETMARK, INC | $15.6M | 101,442 | 0.03% | 31q | +38.4%+$4.3M |
| Connor, Clark & Lunn Investment Management Ltd. | $15.5M | 100,549 | 0.03% | 16q | -81.2%-$66.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $15.0M | 97,555 | 0.00% | 3q | HELD |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $14.5M | 93,836 | 0.07% | 27q | +2.5%+$346.0K |
| TB Capital Gestao de Recursos Ltda. | $14.2M | 91,841 | 7.75% | 2q | +18.2%+$2.2M |
| Cardinal Capital Management, Inc. | $14.0M | 90,961 | 0.34% | 31q | +1.0%+$141.0K |
| AQR CAPITAL MANAGEMENT LLC | $14.0M | 90,633 | 0.00% | 10q | -11.4%-$1.8M |
| CITIGROUP INC | $13.7M | 88,813 | 0.00% | 31q | +182.8%+$8.8M |
| US BANCORP \DE\ | $13.6M | 88,375 | 0.01% | 31q | -9.8%-$1.5M |
| Allspring Global Investments Holdings, LLC | $13.5M | 84,946 | 0.02% | 19q | +51.1%+$4.6M |
| PRIMECAP MANAGEMENT CO/CA/ | $12.7M | 82,500 | 0.01% | 3q | +534.6%+$10.7M |
Showing the largest 100 of 839 reported holders. The count of 838 above leaves out 1 position whose reported value failed our price check; it is listed here as filed.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 306 | $599.9M | 2,926,277 | 66 | 111 | 78 | 0.4% |
| Q2 2026 | 838 | $13.9B | 84,148,086 | 97 | 341 | 248 | 6.6% |
| Q1 2026 | 860 | $15.6B | 86,909,593 | 97 | 334 | 285 | 4.5% |
| Q4 2025 | 941 | $17.7B | 70,177,780 | 103 | 309 | 318 | 3.4% |
| Q3 2025 | 941 | $20.4B | 73,651,005 | 102 | 323 | 320 | 3.5% |
| Q2 2025 | 979 | $22.8B | 72,766,307 | 152 | 327 | 309 | 2.9% |
| Q1 2025 | 895 | $20.2B | 73,074,049 | 114 | 270 | 330 | 2.9% |
| Q4 2024 | 871 | $18.2B | 70,490,845 | 103 | 281 | 266 | 4.4% |
| Q3 2024 | 797 | $16.2B | 69,337,112 | 98 | 250 | 262 | 1.9% |
| Q2 2024 | 750 | $14.6B | 70,888,488 | 84 | 277 | 218 | 2.1% |
| Q1 2024 | 716 | $14.1B | 70,840,201 | 113 | 209 | 248 | 2.2% |
| Q4 2023 | 656 | $11.1B | 69,349,074 | 90 | 208 | 186 | 3.3% |
| Q3 2023 | 591 | $8.9B | 65,647,217 | 51 | 251 | 147 | 4.1% |
| Q2 2023 | 579 | $8.5B | 59,200,891 | 77 | 174 | 194 | 4.4% |
| Q1 2023 | 537 | $8.5B | 64,694,437 | 87 | 178 | 147 | 4.1% |
| Q4 2022 | 497 | $6.4B | 59,649,803 | 77 | 150 | 163 | 3.9% |
| Q3 2022 | 445 | $36.2B | 442,010,501 | 42 | 141 | 178 | 0.7% |
| Q2 2022 | 484 | $40.7B | 444,108,114 | 56 | 188 | 132 | 0.5% |
| Q1 2022 | 506 | $48.7B | 436,818,663 | 48 | 183 | 146 | 0.6% |
| Q4 2021 | 533 | $56.3B | 399,515,621 | 46 | 184 | 143 | 0.6% |
| Q3 2021 | 528 | $53.7B | 394,583,319 | 54 | 211 | 115 | 0.7% |
| Q2 2021 | 513 | $54.1B | 382,677,342 | 54 | 197 | 135 | 0.6% |
| Q1 2021 | 502 | $46.3B | 374,065,193 | 54 | 187 | 141 | 0.8% |
| Q4 2020 | 502 | $40.9B | 312,106,196 | 54 | 151 | 173 | 0.6% |
| Q3 2020 | 542 | $51.7B | 331,085,982 | 65 | 162 | 185 | 0.3% |
| Q2 2020 | 516 | $39.7B | 282,745,236 | 65 | 156 | 175 | 0.2% |
| Q1 2020 | 491 | $30.0B | 270,790,367 | 34 | 165 | 175 | 0.4% |
| Q4 2019 | 532 | $34.7B | 257,980,192 | 49 | 159 | 152 | 0.4% |
| Q3 2019 | 490 | $27.8B | 234,928,408 | 57 | 150 | 170 | 0.4% |
| Q2 2019 | 482 | $31.3B | 227,380,222 | 72 | 166 | 147 | 0.5% |
| Q1 2019 | 464 | $24.9B | 215,130,192 | 57 | 156 | 138 | 0.2% |
| Q4 2018 | 444 | $20.6B | 206,349,312 | 4 | 6 | 11 | 0.2% |