{
 "company": "SAP",
 "ticker": "SAP",
 "page": "https://www.moatshark.com/s/sap",
 "note": "Source: SEC filings via moatshark. Values and changes are estimates; not investment advice.",
 "holders": [
  {
   "manager": "Ruane, Cunniff & Goldfarb (Sequoia)",
   "moatshark_slug": "ruane-cunniff-goldfarb-sequoia",
   "period": "2026-06-30",
   "portfolio_pct": 2.96,
   "value_usd": 190564104,
   "change": "ADD",
   "share_change_pct": 64.9,
   "quarters_held": 4
  },
  {
   "manager": "First Pacific Advisors (FPA)",
   "moatshark_slug": "first-pacific-advisors-fpa",
   "period": "2026-06-30",
   "portfolio_pct": 1.06,
   "value_usd": 85596701,
   "change": "NEW",
   "share_change_pct": null,
   "quarters_held": 1
  },
  {
   "manager": "Davis Selected Advisers",
   "moatshark_slug": "davis-selected-advisers",
   "period": "2026-06-30",
   "portfolio_pct": 0.04,
   "value_usd": 9334420,
   "change": "REDUCE",
   "share_change_pct": -80.9,
   "quarters_held": 53
  },
  {
   "manager": "Polen Capital Management",
   "moatshark_slug": "polen-capital-management",
   "period": "2026-06-30",
   "portfolio_pct": 0.04,
   "value_usd": 4434182,
   "change": "REDUCE",
   "share_change_pct": -56.8,
   "quarters_held": 36
  },
  {
   "manager": "Harris Associates (Oakmark)",
   "moatshark_slug": "harris-associates-oakmark",
   "period": "2026-06-30",
   "portfolio_pct": 0,
   "value_usd": 257826,
   "change": "ADD",
   "share_change_pct": 15.1,
   "quarters_held": 2
  }
 ]
}