927 hedge funds and large institutions have $19.3B invested in SAP in 2025 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 338 increasing their positions, 334 reducing their positions, and 136 closing their positions.

New
Increased
Maintained
Reduced
Closed

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more ownership

Funds ownership:

less funds holding

Funds holding:

less capital invested

Capital invested by funds: $ → $

18% less call options, than puts

Call options by funds: $322M | Put options by funds: $393M

20% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 136

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
927
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
11
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$322M
Puts
$393M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
276
$2.3M
277
$2.29M
278
$2.26M
279
$2.26M
280
$2.25M
281
$2.23M
282
$2.18M
283
$2.16M
284
$2.14M
285
$2.11M
286
$2.1M
287
$2.09M
288
$2.06M
289
$2.03M
290
$2.03M
291
$2.03M
292
$2.02M
293
$1.98M
294
$1.97M
295
$1.95M
296
$1.95M
297
$1.94M
298
$1.89M
299
$1.85M
300
$1.85M