Ken Fisher's SAP Position Overview
Ken Fisher (via Fisher Asset Management, LLC) currently holds 14.73 M shares of SAP SE (SAP) worth $3.58 B, representing 1.22% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Ken Fisher has maintained a long-term strategic position in SAP, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 7.88 M shares. Largest reduction occurred in Q3 2022, reducing 1.88 M shares.
Analysis based on 13F filings available since 2013 Q2
Ken Fisher's SAP SE (SAP) Holding Value Over Time
Track share changes against reported price movement
Quarterly SAP SE (SAP) Trades by Ken Fisher
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +179,550 | Add 1.23% | 14.73 M | $242.91 |
| Q3 2025 | +392,010 | Add 2.77% | 14.55 M | $267.21 |
| Q2 2025 | +1.16 M | Add 8.96% | 14.16 M | $304.10 |
| Q1 2025 | +7.88 M | Add 153.88% | 12.99 M | $268.44 |
| Q4 2024 | +403,956 | Add 8.57% | 5.12 M | $246.21 |
| Q3 2024 | -116,307 | Reduce 2.41% | 4.71 M | $229.10 |
| Q2 2024 | -210,889 | Reduce 4.18% | 4.83 M | $201.71 |
| Q1 2024 | -266,665 | Reduce 5.02% | 5.04 M | $195.03 |
| Q4 2023 | -193,693 | Reduce 3.52% | 5.31 M | $154.59 |
| Q3 2023 | -547,978 | Reduce 9.06% | 5.5 M | $129.32 |
| Q2 2023 | -208,617 | Reduce 3.33% | 6.05 M | $136.81 |
| Q1 2023 | -274,580 | Reduce 4.20% | 6.26 M | $126.55 |
| Q4 2022 | -231,882 | Reduce 3.43% | 6.53 M | $103.19 |
| Q3 2022 | -1.88 M | Reduce 21.75% | 6.76 M | $81.25 |
| Q2 2022 | -134,448 | Reduce 1.53% | 8.65 M | $90.72 |
| Q1 2022 | -45,637 | Reduce 0.52% | 8.78 M | $110.96 |
| Q4 2021 | -4,664 | Reduce 0.05% | 8.83 M | $140.11 |
| Q3 2021 | -34,558 | Reduce 0.39% | 8.83 M | $135.04 |
| Q2 2021 | +272,099 | Add 3.17% | 8.86 M | $140.46 |
| Q1 2021 | +262,949 | Add 3.16% | 8.59 M | $122.79 |
| Q4 2020 | +206,969 | Add 2.55% | 8.33 M | $130.39 |
| Q3 2020 | +184,083 | Add 2.32% | 8.12 M | $155.81 |
| Q2 2020 | +209,955 | Add 2.72% | 7.94 M | $140.00 |
| Q1 2020 | +73,849 | Add 0.96% | 7.73 M | $110.50 |
| Q4 2019 | +68,670 | Add 0.91% | 7.65 M | $133.99 |
| Q3 2019 | +173,795 | Add 2.34% | 7.59 M | $117.87 |
| Q2 2019 | +256,923 | Add 3.59% | 7.41 M | $136.80 |
| Q1 2019 | +229,076 | Add 3.31% | 7.16 M | $115.46 |
| Q4 2018 | +170,359 | Add 2.52% | 6.93 M | $99.55 |
| Q3 2018 | +200,698 | Add 3.06% | 6.76 M | $123.00 |
| Q2 2018 | -427,461 | Reduce 6.12% | 6.56 M | $115.66 |
| Q1 2018 | +131,728 | Add 1.92% | 6.98 M | $105.16 |
| Q4 2017 | +251,593 | Add 3.81% | 6.85 M | $112.36 |
| Q3 2017 | +136,874 | Add 2.12% | 6.6 M | $109.65 |
| Q2 2017 | +238,908 | Add 3.84% | 6.46 M | $104.67 |
| Q1 2017 | +46,698 | Add 0.76% | 6.22 M | $98.17 |
| Q4 2016 | +7,068 | Add 0.11% | 6.18 M | $86.43 |
| Q3 2016 | +6,314 | Add 0.10% | 6.17 M | $91.41 |
| Q2 2016 | +72,681 | Add 1.19% | 6.16 M | $78.02 |
| Q1 2016 | +19,258 | Add 0.32% | 6.09 M | $78.51 |
| Q4 2015 | +40,679 | Add 0.67% | 6.07 M | $79.10 |
| Q3 2015 | +53,074 | Add 0.89% | 6.03 M | $64.79 |
| Q2 2015 | +51,688 | Add 0.87% | 5.98 M | $70.23 |
| Q1 2015 | +252,836 | Add 4.46% | 5.93 M | $72.17 |
| Q4 2014 | -368,550 | Reduce 6.10% | 5.67 M | $69.65 |
| Q3 2014 | +30,974 | Add 0.52% | 6.04 M | $72.16 |
| Q2 2014 | +73,265 | Add 1.23% | 6.01 M | $77.00 |
| Q1 2014 | -298,957 | Reduce 4.79% | 5.94 M | $81.31 |
| Q4 2013 | +10,989 | Add 0.18% | 6.24 M | $87.14 |
| Q3 2013 | -6,212 | Reduce 0.10% | 6.23 M | $73.92 |
| Q2 2013 | +6.23 M | Add 0.00% | 6.23 M | $72.83 |
Ken Fisher's SAP SE Investment FAQs
Ken Fisher first purchased SAP SE (SAP) in Q2 2013, acquiring 6,231,568 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ken Fisher has held SAP SE (SAP) for 51 quarters since Q2 2013.
Ken Fisher's largest addition to SAP SE (SAP) was in Q1 2025, adding 12,993,705 shares worth $3.49 B.
According to the latest 13F filing for Q4 2025, Ken Fisher's firm, Fisher Asset Management, LLC, owns 14,728,881 shares of SAP SE (SAP), valued at approximately $3.58 B.
As of the Q4 2025 filing, SAP SE (SAP) represents approximately 1.22% of Ken Fisher's publicly disclosed stock portfolio, making it one of their key holdings.
Ken Fisher's peak holding in SAP SE (SAP) was 14,728,881 shares, as reported at the end of Q4 2025.