WINDACRE PARTNERSHIP LLC: SAP SE SPON ADR (SAP): Quarterly 13F Position History
As of Q2 2026, WINDACRE PARTNERSHIP LLC reported 4,399,300 shares of SAP SE SPON ADR (SAP), worth $678.0M and representing 6.7% of its 13F equity book. Quarter-over-quarter share count change: + 1,637,175 (+59.3%) . The position first appeared in Q4 2020 and has been disclosed across 23 13F-HR filings in Pactolio's tracked window.
- 4,399,300Shares Held (Latest Filing)
- $678.0MReported Market Value (Latest Filing)
- 6.7%Portfolio Weight (% of 13F Equity Book)
- +1,637,175Quarter-over-Quarter Share Change
- +$205.1MQuarter-over-Quarter Value Change
- 4,399,300Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 23 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 4,399,300 | +1,637,175 | +59.3% | $678.0M | 6.7% | $154.1 |
| Q1 2026 | 2,762,125 | +311,000 | +12.7% | $472.9M | 5.1% | $171.2 |
| Q4 2025 | 2,451,125 | +93,900 | +4.0% | $595.4M | 6.4% | $242.9 |
| Q3 2025 | 2,357,225 | +1,336,325 | +130.9% | $629.9M | 7.9% | $267.2 |
| Q2 2025 | 1,020,900 | 0 | – | $310.5M | 4.3% | $304.1 |
| Q1 2025 | 1,020,900 | 182,600 | -15.2% | $274.1M | 4.1% | $268.4 |
| Q4 2024 | 1,203,500 | 195,700 | -14.0% | $296.3M | 4.3% | $246.2 |
| Q3 2024 | 1,399,200 | 318,000 | -18.5% | $320.6M | 4.3% | $229.1 |
| Q2 2024 | 1,717,200 | 146,800 | -7.9% | $346.4M | 4.6% | $201.7 |
| Q1 2024 | 1,864,000 | 147,400 | -7.3% | $363.5M | 5.0% | $195.0 |
| Q4 2023 | 2,011,400 | 217,700 | -9.8% | $310.9M | 4.7% | $154.6 |
| Q3 2023 | 2,229,100 | +366,400 | +19.7% | $288.3M | 5.2% | $129.3 |
| Q2 2023 | 1,862,700 | 81,000 | -4.2% | $254.8M | 4.9% | $136.8 |
| Q1 2023 | 1,943,700 | 205,000 | -9.5% | $246.0M | 5.3% | $126.5 |
| Q4 2022 | 2,148,700 | 95,000 | -4.2% | $221.7M | 5.4% | $103.2 |
| Q3 2022 | 2,243,700 | +702,100 | +45.5% | $182.3M | 3.1% | $81.3 |
| Q2 2022 | 1,541,600 | +73,000 | +5.0% | $139.9M | 2.9% | $90.7 |
| Q1 2022 | 1,468,600 | 52,000 | -3.4% | $163.0M | 3.4% | $111.0 |
| Q4 2021 | 1,520,600 | 124,200 | -7.6% | $213.1M | 4.7% | $140.1 |
| Q3 2021 | 1,644,800 | 349,100 | -17.5% | $222.1M | 5.0% | $135.0 |
| Q2 2021 | 1,993,900 | 0 | – | $280.1M | 6.2% | $140.5 |
| Q1 2021 | 1,993,900 | +176,300 | +9.7% | $244.8M | 6.1% | $122.8 |
| Q4 2020 | 1,817,600 | – | – | $237.0M | 6.2% | $130.4 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares, a quarter-end mark rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did WINDACRE PARTNERSHIP LLC first disclose a SAP position in 13F-HR filings?
WINDACRE PARTNERSHIP LLC first reported SAP SE SPON ADR (SAP) on its 13F-HR filing for the period ending 2020-12-31 (Q4 2020). The position has appeared on 23 reported quarters within Pactolio's tracked window.
What was WINDACRE PARTNERSHIP LLC's most recent quarter-over-quarter share-count change in SAP?
Between Q1 2026 and Q2 2026, WINDACRE PARTNERSHIP LLC added 1,637,175 shares of SAP (+59.3%), bringing the total reported position to 4,399,300 shares at a market value of $678.0M.
Does the implied price-per-share represent WINDACRE PARTNERSHIP LLC's cost basis in SAP?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.