Mar Vista Investment Partners, LLC released its third-quarter 2025 investor letter, highlighting the standout period for US equities driven by the Federal Reserve’s dovish pivot and the AI boom. The strategy returned +3.29% net of fees, outperforming the Russell 1000 and S&P 500 indexes. Check the fund’s top five holdings for its best picks in 2025.

In the same investor letter, Mar Vista U.S. Quality Strategy emphasized SAP SE (NYSE:SAP), a leading enterprise application and business solutions provider. SAP SE (NYSE:SAP) saw a one-month return of 7.34% and a 23.30% increase in share value over the last 52 weeks, closing at $277.15 per share on October 8, 2025, with a market cap of $322.77 billion.

Mar Vista U.S. Quality Strategy expressed confidence in SAP SE (NYSE:SAP) amidst concerns about AI disruption and IT budgets. The company’s transition to the S4/Hana cloud platform is expected to drive increased revenue per customer. JPMorgan reaffirmed an overweight rating on SAP SE (NYSE:SAP) due to its strategic pivot.

Despite not being among the 30 Most Popular Stocks Among Hedge Funds, SAP SE (NYSE:SAP) was held by 32 hedge fund portfolios at the end of the second quarter. While acknowledging its potential, some hedge funds see greater value in other AI stocks with less downside risk. Explore our free report on the best short-term AI stock for more insights.

Read more at Yahoo Finance: Mar Vista U.S. Quality Strategy’s Views on SAP (SAP)?