5 Best German Stocks To Buy Now

4. SAP SE (NYSE:SAP)

Number of Hedge Fund Investors In Q2 2023: 16

SAP SE (NYSE:SAP) is one of the largest enterprise resource management software providers in the world. The firm has had a great October so far, as it has won orders from firms such as Siemens for their digital transformation. Additionally, the firm also beat analyst EPS estimates for its third quarter even as firms suffer from high interest rates and inflation.

For their Q2 2023 shareholdings, 15 out of the 910 hedge funds part of Insider Monkey’s database were SAP SE (NYSE:SAP)’s shareholders. Ken Fisher’s Fisher Asset Management is the biggest investor among these, as it holds a $827 million stake that comes via 6 million shares.

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