Sarah Ketterer's SAP Position Overview
Sarah Ketterer (via Causeway Capital Management LLC) currently holds 250,748 shares of SAP SE (SAP) worth $60.91 M, representing 0.84% 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, Sarah Ketterer has maintained a long-term strategic position in SAP, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2019, adding 222,749 shares. Largest reduction occurred in Q4 2018, reducing 177,134 shares.
Analysis based on 13F filings available since 2013 Q2
Sarah Ketterer's SAP SE (SAP) Holding Value Over Time
Track share changes against reported price movement
Quarterly SAP SE (SAP) Trades by Sarah Ketterer
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +57,000 | Add 29.42% | 250,748 | $242.91 |
| Q3 2025 | +78,699 | Add 68.40% | 193,748 | $267.21 |
| Q2 2025 | -40,090 | Reduce 25.84% | 115,049 | $304.10 |
| Q1 2025 | -22,721 | Reduce 12.77% | 155,139 | $268.44 |
| Q4 2024 | -1,188 | Reduce 0.66% | 177,860 | $246.21 |
| Q3 2024 | -28,679 | Reduce 13.81% | 179,048 | $229.10 |
| Q2 2024 | +6,170 | Add 3.06% | 207,727 | $201.71 |
| Q1 2024 | -18,415 | Reduce 8.37% | 201,557 | $195.03 |
| Q4 2023 | -70,349 | Reduce 24.23% | 219,972 | $154.59 |
| Q3 2023 | +48,512 | Add 20.06% | 290,321 | $129.32 |
| Q2 2023 | -41,165 | Reduce 14.55% | 241,809 | $136.81 |
| Q1 2023 | +13,217 | Add 4.90% | 282,974 | $126.55 |
| Q4 2022 | -10,355 | Reduce 3.70% | 269,757 | $103.19 |
| Q3 2022 | -14,018 | Reduce 4.77% | 280,112 | $81.25 |
| Q2 2022 | +21,013 | Add 7.69% | 294,130 | $907.20 |
| Q1 2022 | +28,998 | Add 11.88% | 273,117 | $110.96 |
| Q4 2021 | +7,126 | Add 3.01% | 244,119 | $140.11 |
| Q3 2021 | -394 | Reduce 0.17% | 236,993 | $135.04 |
| Q2 2021 | +28,596 | Add 13.70% | 237,387 | $140.46 |
| Q1 2021 | +97,441 | Add 87.51% | 208,791 | $122.79 |
| Q4 2020 | -2,517 | Reduce 2.21% | 111,350 | $130.39 |
| Q3 2020 | -40,593 | Reduce 26.28% | 113,867 | $155.81 |
| Q2 2020 | -33,160 | Reduce 17.67% | 154,460 | $140.00 |
| Q1 2020 | -22,860 | Reduce 10.86% | 187,620 | $110.50 |
| Q4 2019 | -2,039 | Reduce 0.96% | 210,480 | $133.99 |
| Q3 2019 | -14,821 | Reduce 6.52% | 212,519 | $117.87 |
| Q2 2019 | +4,591 | Add 2.06% | 227,340 | $136.80 |
| Q1 2019 | +222,749 | New Buy | 222,749 | $115.46 |
| Q4 2018 | -177,134 | Sold Out | 0 | $0.00 |
| Q3 2018 | -17,638 | Reduce 9.06% | 177,134 | $123.00 |
| Q2 2018 | +5,210 | Add 2.75% | 194,772 | $115.66 |
| Q1 2018 | +27,798 | Add 17.18% | 189,562 | $105.16 |
| Q4 2017 | +8,422 | Add 5.49% | 161,764 | $112.36 |
| Q3 2017 | -2,954 | Reduce 1.89% | 153,342 | $109.65 |
| Q2 2017 | +7,089 | Add 4.75% | 156,296 | $104.67 |
| Q1 2017 | -8,342 | Reduce 5.29% | 149,207 | $98.17 |
| Q4 2016 | -9,090 | Reduce 5.45% | 157,549 | $84.22 |
| Q3 2016 | +1,720 | Add 1.04% | 166,639 | $91.41 |
| Q2 2016 | +1,387 | Add 0.85% | 164,919 | $75.02 |
| Q1 2016 | -32,060 | Reduce 16.39% | 163,532 | $78.62 |
| Q4 2015 | +3,967 | Add 2.07% | 195,592 | $79.10 |
| Q3 2015 | +19,631 | Add 11.41% | 191,625 | $64.79 |
| Q2 2015 | +20,527 | Add 13.55% | 171,994 | $70.23 |
| Q1 2015 | -11,614 | Reduce 7.12% | 151,467 | $72.17 |
| Q4 2014 | +162 | Add 0.10% | 163,081 | $69.65 |
| Q3 2014 | -33,977 | Reduce 17.26% | 162,919 | $72.16 |
| Q2 2014 | +72,747 | Add 58.60% | 196,896 | $78.49 |
| Q1 2014 | +16,360 | Add 15.18% | 124,149 | $81.31 |
| Q4 2013 | +75,984 | Add 238.91% | 107,789 | $87.14 |
| Q3 2013 | +4,902 | Add 18.22% | 31,805 | $73.92 |
| Q2 2013 | +26,904 | Add 0.00% | 26,903 | $72.82 |
Sarah Ketterer's SAP SE Investment FAQs
Sarah Ketterer first purchased SAP SE (SAP) in Q2 2013, acquiring 26,903 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Sarah Ketterer has held SAP SE (SAP) for 51 quarters since Q2 2013.
Sarah Ketterer's largest addition to SAP SE (SAP) was in Q1 2019, adding 222,749 shares worth $25.72 M.
According to the latest 13F filing for Q4 2025, Sarah Ketterer's firm, Causeway Capital Management LLC, owns 250,748 shares of SAP SE (SAP), valued at approximately $60.91 M.
As of the Q4 2025 filing, SAP SE (SAP) represents approximately 0.84% of Sarah Ketterer's publicly disclosed stock portfolio, making it one of their key holdings.
Sarah Ketterer's peak holding in SAP SE (SAP) was 294,130 shares, as reported at the end of Q2 2022.