277 hedge funds and large institutions have $3.03B invested in SAP in 2014 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 99 increasing their positions, 101 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
277
Holders Change
-21
Holders Change %
-7.05%
% of All Funds
7.97%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.09%
New
31
Increased
99
Reduced
101
Closed
51
Calls
$373M
Puts
$490M
Net Calls
-$117M
Net Calls Change
+$35.9M
Name Holding Trade Value Shares
Change
Shares
Change %
Parallax Volatility Advisers
301
Parallax Volatility Advisers
California
-$339K -4,172 Closed
CIM
302
CIM Investment Management
Pennsylvania
-$338K -4,160 Closed
CONA
303
Capital One National Association
New York
-$308K -3,782 Closed
FFSOTS
304
Fiduciary Financial Services of The Southwest
Texas
-$276K -3,400 Closed
BWAM
305
Boyd Watterson Asset Management
Ohio
-$267K -3,284 Closed
CIP
306
Convergence Investment Partners
Florida
-$242K -2,973 Closed
CNB
307
City National Bank
California
-$235K -2,893 Closed
ST
308
Sentinel Trust
Texas
-$216K -2,655 Closed
SIA
309
Sit Investment Associates
Minnesota
-$207K -2,550 Closed
UCFA
310
United Capital Financial Advisors
Texas
-$207K -2,549 Closed
RJT
311
Raymond James Trust
Florida
-$207K -2,547 Closed
NG
312
NatWest Group
United Kingdom
-$203K -2,498 Closed
BTS
313
BB&T Securities
Virginia
-$2.03M -2,493 Closed
HCM
314
Herndon Capital Management
Georgia
-$176K -2,161 Closed
FMB
315
Field & Main Bank
Kentucky
-$110K -1,350 Closed
TFMS
316
Trust & Fiduciary Management Services
Massachusetts
-$74K -916 Closed
TI
317
Turner Investments
Pennsylvania
-$42K -520 Closed
PP
318
Palladium Partners
Virginia
-$30K -380 Closed
LWCFA
319
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
-$24K -300 Closed
PFA
320
Paradigm Financial Advisors
Missouri
-$18K -221 Closed
CAW
321
Cornerstone Advisors (Washington)
Washington
-$16K -200 Closed
TRCT
322
Tower Research Capital (TRC)
New York
-$16K -191 Closed
PAS
323
Partnervest Advisory Services
California
-$13K -162 Closed
SF
324
Synovus Financial
Georgia
-$9K -114 Closed
TF
325
Trutina Financial
Washington
-$9K -113 Closed