SAPIENS INTL CORP N V SPNS
SHS · Common Stock · CUSIP G7T16G103 · ISIN KYG7T16G1039
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $43.45.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 115 |
| Q4 2022 | 117 |
| Q1 2023 | 122 |
| Q2 2023 | 134 |
| Q3 2023 | 142 |
| Q4 2023 | 152 |
| Q1 2024 | 157 |
| Q2 2024 | 159 |
| Q3 2024 | 171 |
| Q4 2024 | 171 |
| Q1 2025 | 175 |
| Q2 2025 | 166 |
| Q3 2025 | 167 |
| Q4 2025 | 32 |
| Q1 2026 | 4 |
| Q2 2026 | 4 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 84 | 63 |
| Q4 2024 | 74 | 81 |
| Q1 2025 | 89 | 60 |
| Q2 2025 | 80 | 70 |
| Q3 2025 | 101 | 94 |
| Q4 2025 | 14 | 144 |
| Q1 2026 | 0 | 27 |
| Q2 2026 | 0 | 1 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $5.6m | $683.1k | 0.12 |
| Q4 2025 | $31.9k | $772 | 0.02 |
| Q1 2026 | $0 | $0 | — |
| Q2 2026 | $0 | $0 | — |
Biggest buyers
| None |
Biggest sellers
| Trium Capital LLP | Reduced | -122.5k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: FIL Ltd (0.0%, 2026-02-05), FORMULA SYSTEMS (1985) LTD (0.0%, 2025-12-17)
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Trium Capital LLP 4.76% of their portfolio | 173.9k $7.6m | Reduced -122.5k |
| GAMMA Investing LLC 0.00% of their portfolio | 1.1k $48.1k | Unchanged |
| MassMutual Private Wealth & Trust, FSB 0.00% of their portfolio | 40 $1.7k | Unchanged |
| HUNTINGTON NATIONAL BANK 0.00% of their portfolio | 1 $43 | Unchanged |