Grove Bank & Trust SAP — SAP AG

Ownership history in Grove Bank & Trust  ·  36 quarters on record

AI Ownership Summary

Grove Bank & Trust reported SAP AG (SAP) in 36 quarterly 13F filings from 2024 Q1 through 2026 Q2. Peak portfolio weight reached 0.03% in 2025 Q1. The latest visible filing shows SAP at 0.01% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings. Older history is available after unlock; the visible window still shows the most recent pattern.

What this SAP ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Grove Bank & Trust's position in SAP AG, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

SAP was reported at 0.01% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.03% in 2025 Q1

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q1 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

SAP stock page Grove Bank & Trust fund profile Grove Bank & Trust full holdings
How Grove Bank & Trust held SAP — position size vs. price
% of Fund (quarterly)    SAP price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 10 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 UNCHANGED — — — 626 — 0% 0.01% $96K 2026-07-07 $162.77
2026 Q1 ADDED — — — 626 +13 +2.1% 0.01% $107K 2026-04-08 $166.29
2025 Q4 ADDED — — — 613 +21 +3.5% 0.02% $149K 2026-01-08 $236.91
2025 Q3 REDUCED 13.2% -7.9% ✅ 592 -90 -13.2% 0.02% $158K 2025-10-06 $269.59
2025 Q2 REDUCED 12.8% -13.2% ✅ 682 -100 -12.8% 0.03% $207K 2025-07-11 $295.71
2025 Q1 ADDED — — — 782 +213 +37.4% 0.03% $210K 2025-04-17 $250.73
2024 Q4 REDUCED 13.7% +9.0% ❌ 569 -90 -13.7% 0.02% $140K 2025-01-16 $254.81
2024 Q3 ADDED — — — 659 +152 +30.0% 0.02% $151K 2024-10-11 $222.24
2024 Q2 UNCHANGED — — — 507 — 0% 0.02% $102K 2024-07-24 $203.98
2024 Q1 UNCHANGED — — — 507 — 0% 0.02% $99K 2024-04-30 $174.33
26 older quarters hidden  —  Sign in free or upgrade to Premium to see full history

🏢 Other funds also holding SAP

As of 2026 Q2 — sorted by position size

Miller Global Investments, LLC 0.52% Arlington Partners LLC 3Y 7Y 0.4% Pine Haven Investment Counsel, Inc 3Y 0.24% 55 North Private Wealth, LLC 0.06% Hennion & Walsh Asset Management, Inc. 3Y 0.06% Versant Capital Management, Inc 3Y 7Y 0.06% Trust Point Inc. 0.05% CANANDAIGUA NATIONAL BANK & TRUST CO 3Y 7Y 0.05% GAMMA Investing LLC 0.03% CONFLUENCE INVESTMENT MANAGEMENT LLC 3Y 7Y 0.01%

FAQ About Grove Bank & Trust and SAP

These are the practical questions this page is built to answer before you even open the full history table.

How long has Grove Bank & Trust reported owning SAP?

Grove Bank & Trust reported SAP across 10 quarterly 13F filings, from 2024 Q1 through 2026 Q2.

What was the largest reported SAP position in Grove Bank & Trust's portfolio?

The largest reported portfolio weight for SAP was 0.03% in 2025 Q1.

What is the latest reported SAP position on this page?

The most recent filing on this page is 2026 Q2, when Grove Bank & Trust reported 626 shares, equal to 0.01% of portfolio, with an estimated market value of $96K.

What does the chart on this SAP ownership page compare?

The chart compares Grove Bank & Trust's quarterly SAP portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Grove Bank & Trust time their SAP position?

Based on 13F filing dates vs. subsequent SAP price moves, Grove Bank & Trust correctly timed 13 out of 25 reported position changes (52%). The annualised alpha on SAP relative to SPY over the holding period was -7.4%.

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