SAP SE (SAP) — Hedge Fund Ownership Q1 2026
SAP
- SAP SE (SAP) is held by 4 of 82 tracked hedge funds, with Ruane, Cunniff & Goldfarb / Sequoia Fund (2%) and Causeway Capital Management (1%) holding the largest stakes, indicating limited hedge fund interest relative to peers.
- The biggest increases in SAP holdings came from Ruane, Cunniff & Goldfarb / Sequoia Fund (+1533%) and Davis Selected Advisers (+463%), highlighting conviction.
- The biggest decreases in SAP holdings came from Polen Capital Management (-71%), suggesting profit-taking or de-risking.
- Overall, hedge funds increased exposure to SAP SE (SAP) by +171% vs the prior quarter and +9% vs prior year.
| # | Fund | % of Portfolio † | Shares † | Shares vs Prior Quarter † | Shares vs Prior Year † | Aggregate Value † | Reported Price * | Option |
|---|---|---|---|---|---|---|---|---|
| 1 |
Ruane, Cunniff & Goldfarb / Sequoia Fund John Harris
|
2.13% | 750K | +1532.83% | — | $128.4M | $171.21 | — |
| 2 |
Causeway Capital Management
|
0.96% | 456K | +81.86% | +193.93% | $78.1M | $171.21 | — |
| 3 |
Davis Selected Advisers Christopher Davis
|
0.25% | 317K | +463.33% | +316.97% | $54.3M | $171.21 | — |
| 4 |
Polen Capital Management
|
0.08% | 67K | -71.43% | -87.71% | $11.4M | $171.21 | — |
| 4 | Total | — | 1.6M | +171.17% | +8.55% | $272.2M | — | — |
* Reported price is not an actual purchase or sale price. It is the price as of the last portfolio date.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.
† Portfolio value, share counts, and period-over-period changes exclude options positions (PUT/CALL), which are shown in the Option column for reference only.