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886 hedge funds and large institutions have $19.7B invested in SAP in 2025 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 289 increasing their positions, 343 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 77

25% more funds holding in top 10

Funds holding in top 10: 1215 (+3)

12% more capital invested

Capital invested by funds: $17.6B → $19.7B (+$2.07B)

4% more funds holding

Funds holding: 856886 (+30)

0.21% more ownership

Funds ownership: 5.74%5.95% (+0.21%)

16% less repeat investments, than reductions

Existing positions increased: 289 | Existing positions reduced: 343

31% less call options, than puts

Call options by funds: $242M | Put options by funds: $349M

Holders
886
Holders Change
+30
Holders Change %
+3.5%
% of All Funds
11.88%
Holding in Top 10
15
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+25%
% of All Funds
0.2%
New
125
Increased
289
Reduced
343
Closed
77
Calls
$242M
Puts
$349M
Net Calls
-$107M
Net Calls Change
-$34.3M
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
326
Thames Capital Management
New Jersey
$1.29M +$1.31M +4,794 New
Parallax Volatility Advisers
327
Parallax Volatility Advisers
California
$1.27M +$486K +1,783 +61%
CIM
328
Confluence Investment Management
Missouri
$1.26M +$96.2K +353 +8%
MWM
329
Modern Wealth Management
Kansas
$1.25M +$946K +3,474 +292%
MFG
330
Merit Financial Group
Georgia
$1.22M +$514K +1,886 +71%
PP
331
PDS Planning
Ohio
$1.22M +$110K +404 +10%
GF
332
Gabelli Funds
New York
$1.21M
WA
333
Wealth Alliance
New York
$1.21M -$63.5K -233 -5%
GCM
334
Genus Capital Management
British Columbia, Canada
$1.19M +$1.21M +4,433 New
AWM
335
Apollon Wealth Management
South Carolina
$1.19M +$252K +926 +26%
TFS
336
Thoroughbred Financial Services
Tennessee
$1.18M
Susquehanna International Group
337
Susquehanna International Group
Pennsylvania
$1.17M -$9.08M -33,323 -88%
Daiwa Securities Group
338
Daiwa Securities Group
Japan
$1.17M +$783K +2,876 +194%
AI
339
AdvisorShares Investments
Maryland
$1.16M +$363K +1,333 +45%
GWM
340
Geneos Wealth Management
Colorado
$1.16M +$275K +1,010 +108%
FRA
341
Frank Rimerman Advisors
California
$1.15M
BPA
342
Beacon Pointe Advisors
California
$1.14M -$51.5K -189 -4%
NG
343
Norden Group
Utah
$1.13M -$202K -743 -15%
BF
344
Brucke Financial
Indiana
$1.12M +$16.9K +62 +2%
LI
345
Louisbourg Investments
New Brunswick, Canada
$1.12M +$300K +1,100 +36%
GM
346
GeoWealth Management
Illinois
$1.12M -$501K -1,839 -31%
AG
347
Ascent Group
Virginia
$1.12M +$753K +2,766 +196%
MCM
348
MAI Capital Management
Ohio
$1.1M +$65.4K +240 +6%
BIG
349
Brooklyn Investment Group
New York
$1.1M +$851K +3,124 +323%
CGL
350
Clarius Group LLC
Washington
$1.08M +$212K +778 +24%

SAP Hedge Fund Activity: Q1 2025 in Review

886 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2025, worth a combined $19.7B — up 12% from $17.6B a quarter earlier.

Buyers outnumbered sellers: 125 funds opened new SAP positions and 77 closed out — a net gain of 48 holders — while 289 added to existing stakes and 343 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $2.15B. The largest seller was Capital International Investors, cutting an estimated $797M.

  • 886 institutional investors held SAP (SAP) as of Q1 2025, up from 856 in Q4 2024.
  • Funds reported $19.7B of SAP stock for Q1 2025, up 12% quarter-over-quarter.
  • 125 funds opened new SAP positions in Q1 2025 and 77 closed out, a net change of +48 holders.
  • The largest SAP buyer in Q1 2025 was Fisher Asset Management, an estimated $2.15B added.
  • The largest SAP seller in Q1 2025 was Capital International Investors, an estimated $797M sold.

Based on aggregated 13F filings for Q1 2025.