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
CAG
326
Cypress Advisory Group
Arizona
$979K
BL
327
Balentine LLC
Georgia
$969K
SC
328
Syon Capital
California
$963K
GI
329
GAMMA Investing
California
$940K
Cambridge Investment Research Advisors
330
Cambridge Investment Research Advisors
Iowa
$937K
CIM
331
Confluence Investment Management
Missouri
$928K
MGWM
332
Marks Group Wealth Management
Minnesota
$922K
MWM
333
Modern Wealth Management
Kansas
$878K
CWM
334
Circle Wealth Management
New Jersey
$868K
MPPW
335
Mitchell & Pahl Private Wealth
Oklahoma
$866K
GWM
336
Gibbs Wealth Management
Georgia
$852K
PAG
337
Private Advisor Group
New Jersey
$845K
Fifth Third Bancorp
338
Fifth Third Bancorp
Ohio
$844K
NFA
339
Northern Financial Advisors
Michigan
$842K
RFC
340
Regions Financial Corp
Alabama
$838K
Envestnet Portfolio Solutions
341
Envestnet Portfolio Solutions
Illinois
$834K
BWP
342
BSW Wealth Partners
Colorado
$827K
MCM
343
MAI Capital Management
Ohio
$827K
GFP
344
Gryphon Financial Partners
Ohio
$820K
BPC
345
Bearing Point Capital
Minnesota
$815K
PCS
346
Personal CFO Solutions
New Jersey
$808K
HTC
347
Haverford Trust Company
Pennsylvania
$808K
BTW
348
Boston Trust Walden
Massachusetts
$799K
MTIM
349
Marathon Trading Investment Management
Pennsylvania
$788K
AWM
350
AE Wealth Management
Kansas
$773K