SAP β€” SAP SE

Ownership history in FULTON BANK, N.A.  Β·  4 quarters on record

This page tracks every 13F SEC filing in which FULTON BANK, N.A. reported a position in SAP SE (SAP). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.02% (2025 Q2)
πŸ“Š Avg. % of fund
0.01%
πŸ“… First filed
2023 Q4
πŸ“… Last filed
2025 Q3
⏱ Quarters held
4

Position Intelligence

FULTON BANK, N.A. Γ— SAP AI Analytics

πŸ“‰ FULTON BANK, N.A. underperformed the S&P 500 by –3.3% annually on this SAP position. Average cost basis: $304.10. Maximum drawdown during holding period: –12.1%.

πŸ“ˆ Position Alpha vs SPY
-3.3%
annualised excess return

⚠️ Trailed SPY by 3.3% ann. on this position.
2 quarters analyzed

πŸ’° Entry Quality
$304.10
-12.1% vs current ($267.21)

Best entry: $304.10 (2025 Q2)  Β·  Worst: $304.10 (2025 Q2)

πŸ›‘οΈ Drawdown Resilience
–12.1%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
50%
buy-side decisions

2 adds Β· 2 trims. Bought during 0 of 1 down-price quarters. πŸ“ˆ More buys than sells across the holding period.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.01% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    SAP price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 4 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q3 REDUCED 835 -569 -40.5% 0.01% $223K $267.21
2025 Q2 ADDED 1,404 +447 +46.7% 0.02% $427K $304.10
2024 Q4 REDUCED 957 -870 -47.6% 0.01% $236K $244.00
2023 Q4 INITIATED 1,827 β€” β€” 0.01% $282K β€”

🏒 Other funds also holding SAP

As of 2025 Q4 β€” sorted by position size

UNIO CAPITAL LLC 3Y 7Y 7.35% Promethos Capital, LLC 6.72% Night Owl Capital Management, LLC 3Y 7Y 6.59% WINDACRE PARTNERSHIP LLC 3Y 7Y 6.39% COERENTE CAPITAL MANAGEMENT 3Y 5.14% Bluegrass Capital Partners LP 3Y 4.93% Foresight Global Investors, Inc. 4.62% Henry James International Management Inc. 3Y 7Y 3.88% Petrus Trust Company, LTA 3Y 7Y 3.75% Cox Capital Mgt LLC 3Y 7Y 3.41%
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