833 hedge funds and large institutions have $14.8B invested in SAP in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 335 increasing their positions, 290 reducing their positions, and 168 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: $ → $

28% less call options, than puts

Call options by funds: $296M | Put options by funds: $410M

43% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 168

50% less funds holding in top 10

Funds holding in top 10: 147 (-7)

Holders
833
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$296M
Puts
$410M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AWA
276
Arkadios Wealth Advisors
Georgia
$1.57M
FFA
277
Farther Finance Advisors
California
$1.56M
DWT
278
Dorsey & Whitney Trust
South Dakota
$1.55M
CCM
279
Chiron Capital Management
Florida
$1.54M
MAM
280
Madison Asset Management
Wisconsin
$1.54M
CCM
281
Coldstream Capital Management
Washington
$1.51M
CAM
282
Cresset Asset Management
Illinois
$1.48M
ACA
283
Aptus Capital Advisors
Alabama
$1.47M
PC
284
Permanens Capital
New York
$1.45M
SAM
285
Smartleaf Asset Management
Massachusetts
$1.44M
CCP
286
Cunning Capital Partners
North Carolina
$1.44M
Federated Hermes
287
Federated Hermes
Pennsylvania
$1.43M
PCP
288
Pacific Capital Partners
$1.42M
Kovitz Investment Group Partners
289
Kovitz Investment Group Partners
Illinois
$1.4M
EI
290
Ellevest Inc
New York
$1.39M
WG
291
Winton Group
United Kingdom
$1.39M
AFG
292
Atomi Financial Group
New York
$1.38M
BPA
293
Beacon Pointe Advisors
California
$1.37M
CIA
294
Concurrent Investment Advisors
Florida
$1.37M
BP
295
Ballentine Partners
Massachusetts
$1.36M
BDS
296
Banco de Sabadell
Florida
$1.36M
ACM
297
Advisors Capital Management
New Jersey
$1.36M
MFG
298
Merit Financial Group
Georgia
$1.35M
CP
299
Cornerstone Planning
North Carolina
$1.33M
SP
300
Stablepoint Partners
Massachusetts
$1.32M