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
301
$1.83M
302
$1.78M
303
$1.74M
304
$1.74M
305
$1.72M
306
$1.7M
307
$1.7M
308
$1.69M
309
$1.66M
310
$1.65M
311
$1.64M
312
$1.64M
313
$1.63M
314
$1.62M
315
$1.61M
316
$1.58M
317
$1.58M
318
$1.57M
319
$1.57M
320
$1.54M
321
$1.54M
322
$1.54M
323
$1.53M
324
$1.53M
325
$1.52M