Sequoia Fund SAP trades
Ruane, Cunniff & Goldfarb
Sequoia Fund SAP SE-SPONSORED ADR stake
total: 59
Trades details
- Total transactions:
- 4
- New positions:
- 1
- Added:
- 2
- Reduced:
- 1
- Held since:
- 2025 Q3
- Held for:
- 4 quarters
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, Sequoia Fund holds 453,880 SAP SE-SPONSORED ADR (SAP) shares with a market value of roughly $69.95M accounting for 2.02% of the overall portfolio. To date, the estimated cost basis is nearly $173.09 for "buy" trades and estimated average "sell" price is $242.91. Sequoia Fund first purchased SAP in 2025 Q3, initially acquiring 46,000 shares. Since the initial investment in SAP SE-SPONSORED ADR (SAP), Sequoia Fund has made 3 more transactions.
When did Sequoia Fund buy SAP SE-SPONSORED ADR (SAP)?
Sequoia Fund first invested in SAP SE-SPONSORED ADR (SAP) in 2025 Q3 at the reported quarter-end price of $267.21 per share.
What's the cost basis of Sequoia Fund's SAP stake?
The estimated cost basis for SAP SE-SPONSORED ADR (SAP) stake is around $173.09 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $173.09
- Weighted AVG sell price:
- $242.91
Sequoia Fund's historical trades in SAP SE-SPONSORED ADR
4 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
2.02%
|
453,880
|
$154.11
|
$69,947,447
|
+84.78% (+208,249)
|
+0.93%
|
|
2026 Q1
|
1.30%
|
245,631
|
$171.21
|
$42,054,484
|
+434.83% (+199,704)
|
+1.05%
|
|
2025 Q4
|
0.31%
|
45,927
|
$242.91
|
$11,156,128
|
-0.16% (-73)
|
-0%
|
|
2025 Q3
|
0.33%
|
46,000
|
$267.21
|
$12,291,660
|
new
|
+0.33%
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.