917 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, 334 increasing their positions, 332 reducing their positions, and 135 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

19% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 135

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
917
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
AWA
276
Aaron Wealth Advisors
Illinois
$2.3M
CUAMC
277
China Universal Asset Management Company
China
$2.3M
LWAM
278
Legacy Wealth Asset Management
Minnesota
$2.29M
EI
279
Ellevest Inc
New York
$2.26M
PCS
280
Personal CFO Solutions
New Jersey
$2.26M
CCP
281
Cunning Capital Partners
North Carolina
$2.25M
HWAM
282
Hennion & Walsh Asset Management
New Jersey
$2.23M
AIIMS
283
Analyst IMS Investment Management Services
Israel
$2.18M
MYIA
284
Mount Yale Investment Advisors
Colorado
$2.14M
AWA
285
Arkadios Wealth Advisors
Georgia
$2.11M
PCIA
286
Prime Capital Investment Advisors
Kansas
$2.1M
BP
287
Ballentine Partners
Massachusetts
$2.09M
BDS
288
Banco de Sabadell
Florida
$2.06M
XC
289
XY Capital
Hong Kong
$2.03M
NI
290
Natural Investments
California
$2.03M
LI
291
Louisbourg Investments
New Brunswick, Canada
$2.03M
DAS
292
Diversify Advisory Services
Utah
$2.02M
SFG
293
SevenBridge Financial Group
Pennsylvania
$1.98M
S
294
SimplyRich
California
$1.97M
KAS
295
Kestra Advisory Services
Texas
$1.95M
FAFN
296
First Affirmative Financial Network
Colorado
$1.95M
BC
297
Burney Company
Virginia
$1.94M
MFG
298
Merit Financial Group
Georgia
$1.89M
ACM
299
Advisors Capital Management
New Jersey
$1.85M
BCM
300
BTC Capital Management
Iowa
$1.85M