Sarah Ketterer - Causeway Capital Management
Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    107
Portfolio value:    $8,146,199,181
Holdings Activity Buys Sells    History
Holding/activity history for  SAP SE (SAP)
← All SAP superinvestors
Period Shares % of Portfolio Activity % Change to Portfolio Price Value Filing
2026   Q1 456,005 0.96 Add 81.86% 0.43 $163.77–255.90 · VW $197.97i $78,072,591 SEC
2025   Q4 250,748 0.84 Add 29.42% 0.19 $233.51–281.37 · VW $253.87i $60,909,191 SEC
2025   Q3 193,748 0.68 Add 68.40% 0.28 $248.32–313.28 · VW $277.31i $51,771,386 SEC
2025   Q2 115,049 0.55 Reduce 25.84% 0.22 $234.52–311.40 · VW $287.25i $34,986,423 SEC
2025   Q1 155,139 0.87 Reduce 12.77% 0.13 $240.69–293.70 · VW $271.30i $41,645,634 SEC
2024   Q4 177,860 1.00 Reduce 0.66% <0.01 $217.52–256.13 · VW $237.74i $43,790,813 SEC
2024   Q3 179,048 1.01 Reduce 13.81% 0.16 $194.93–231.13 · VW $213.82i $41,019,854 SEC
2024   Q2 207,727 1.14 Add 3.06% 0.03 $175.08–204.33 · VW $188.56i $41,900,593 SEC
2024   Q1 201,557 1.03 Reduce 8.37% 0.07 $148.38–199.29 · VW $179.14i $39,309,599 SEC
2023   Q4 219,972 0.87 Reduce 24.23% 0.24 $127.30–160.35 · VW $144.03i $34,005,538 SEC
2023   Q3 290,321 0.99 Add 20.06% 0.17 $126.75–145.10 · VW $136.20i $37,544,250 SEC
2023   Q2 241,809 0.87 Reduce 14.55% 0.13 $125.57–139.25 · VW $133.15i $33,081,867 SEC
2023   Q1 282,974 0.86 Add 4.90% 0.04 $103.28–126.77 · VW $117.23i $35,810,343 SEC
2022   Q4 269,757 0.81 Reduce 3.70% 0.02 $80.50–112.82 · VW $100.00i $27,836,230 SEC
2022   Q3 280,112 0.64 Reduce 4.77% 0.32 $78.22–96.82 · VW $87.11i $22,759,000 SEC
2022   Q2 294,130 6.66 Add 7.69% 0.48 $88.96–112.59 · VW $98.80i $266,834,000 SEC
2022   Q1 273,117 0.72 Add 11.88% 0.08 $104.14–141.69 · VW $117.88i $30,305,000 SEC
2021   Q4 244,119 0.75 Add 3.01% 0.02 $127.72–149.92 · VW $138.13i $34,204,000 SEC
2021   Q3 236,993 0.72 Reduce 0.17% <0.01 $134.95–151.48 · VW $143.75i $32,004,000 SEC
2021   Q2 237,387 0.68 Add 13.70% 0.08 $124.95–146.29 · VW $138.59i $33,343,000 SEC
2021   Q1 208,791 0.51 Add 87.51% 0.24 $120.08–134.98 · VW $126.24i $25,637,000 SEC
2020   Q4 111,350 0.28 Reduce 2.21% <0.01 $104.64–159.46 · VW $121.65i $14,519,000 SEC
2020   Q3 113,867 0.33 Reduce 26.28% 0.10 $138.40–169.30 · VW $157.87i $17,742,000 SEC
2020   Q2 154,460 0.39 Reduce 17.67% 0.06 $103.22–143.05 · VW $124.59i $21,624,000 SEC
2020   Q1 187,620 0.34 Reduce 10.86% 0.03 $90.90–140.67 · VW $120.97i $20,732,000 SEC
2019   Q4 210,480 0.31 Reduce 0.96% <0.01 $112.80–139.48 · VW $130.72i $28,202,000 SEC
2019   Q3 212,519 0.30 Reduce 6.52% 0.02 $116.25–140.62 · VW $123.50i $25,050,000 SEC
2019   Q2 227,340 0.34 Add 2.06% <0.01 $110.28–137.49 · VW $126.90i $31,100,000 SEC
2019   Q1 222,749 0.26 Buy 0.26 $95.45–116.15 · VW $106.54i $25,719,000 SEC
2018   Q4 0 0.00 Sell 100.00% 0.23 $94.81–123.75 · VW $106.04i SEC
2018   Q3 177,134 0.23 Reduce 9.06% 0.02 $112.12–127.16 · VW $118.96i $21,787,000 SEC
2018   Q2 194,772 0.25 Add 2.75% <0.01 $102.33–121.95 · VW $112.68i $22,527,000 SEC
2018   Q1 189,562 0.24 Add 17.18% 0.04 $99.20–116.50 · VW $108.45i $19,934,000 SEC
2017   Q4 161,764 0.22 Add 5.49% 0.01 $109.84–116.90 · VW $113.21i $18,176,000 SEC
2017   Q3 153,342 0.21 Reduce 1.89% <0.01 $101.71–110.67 · VW $106.05i $16,814,000 SEC
2017   Q2 156,296 0.23 Add 4.75% 0.01 $96.04–108.72 · VW $103.35i $16,360,000 SEC
2017   Q1 149,207 0.22 Reduce 5.29% 0.01 $85.49–98.79 · VW $93.09i $14,648,000 SEC
2016   Q4 157,549 0.23 Reduce 5.45% 0.02 $80.93–91.45 · VW $85.85i $13,268,000 SEC
2016   Q3 166,639 0.28 Add 1.04% <0.01 $73.33–92.76 · VW $86.29i $15,232,000 SEC
2016   Q2 164,919 0.27 Add 0.85% <0.01 $71.39–82.19 · VW $78.09i $12,372,000 SEC
2016   Q1 163,532 0.30 Reduce 16.39% 0.05 $72.66–81.24 · VW $77.90i $12,857,000 SEC
2015   Q4 195,592 0.33 Add 2.07% <0.01 $63.43–81.21 · VW $76.94i $15,471,000 SEC
2015   Q3 191,625 0.25 Add 11.41% 0.03 $62.57–75.08 · VW $68.22i $12,415,000 SEC
2015   Q2 171,994 0.30 Add 13.55% 0.04 $69.65–77.36 · VW $73.86i $12,079,000 SEC
2015   Q1 151,467 0.29 Reduce 7.12% 0.02 $62.82–74.16 · VW $68.59i $10,931,000 SEC
2014   Q4 163,081 0.33 Add 0.10% <0.01 $64.10–71.89 · VW $68.66i $11,359,000 SEC
2014   Q3 162,919 0.41 Reduce 17.26% 0.11 $71.66–82.70 · VW $77.03i $11,756,000 SEC
2014   Q2 196,896 0.64 Add 58.60% 0.24 $74.12–81.83 · VW $78.27i $15,454,000 SEC
2014   Q1 124,149 0.46 Add 15.18% 0.06 $74.59–85.62 · VW $79.09i $10,095,000 SEC
2013   Q4 107,789 0.54 Add 238.91% 0.38 $70.20–87.42 · VW $79.69i $9,393,000 SEC
2013   Q3 31,805 0.19 Add 18.22% 0.03 $69.71–77.46 · VW $73.53i $2,351,000 SEC
2013   Q2 26,903 0.21 Add 29.58% 0.05 $71.07–83.35 · VW $76.39i $1,959,000 SEC
2013   Q1 20,761 0.21 Reduce 7.64% 0.02 $76.74–84.66 · VW $80.41i $1,672,000 SEC
2012   Q4 22,478 0.24 Add 55.37% 0.08 $68.25–81.56 · VW $74.96i $1,807,000 SEC
2012   Q3 14,467 0.26 Reduce 4.54% <0.01 $54.78–73.86 · VW $63.90i $1,032,000 SEC
2012   Q2 15,155 0.20 Add 41.02% 0.06 $54.83–71.28 · VW $62.70i $871,000 SEC
2012   Q1 10,747 0.16 Reduce 19.51% 0.06 $52.78–72.52 · VW $63.72i $750,000 SEC
2011   Q4 13,352 0.29 Buy 0.29 $47.86–63.43 · VW $57.15i $707,000 SEC
Price snapshot:
Current price$159.97
Avg. buy price$195.99
+/- since buy-18.38%
52-week low$148.06
52-week high$304.44