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968 hedge funds and large institutions have $21.9B invested in SAP in 2025 Q2 according to their latest regulatory filings, with 164 funds opening new positions, 337 increasing their positions, 335 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 67

11% more capital invested

Capital invested by funds: $19.7B → $21.9B (+$2.17B)

9% more funds holding

Funds holding: 886968 (+82)

1% more repeat investments, than reductions

Existing positions increased: 337 | Existing positions reduced: 335

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

0.09% less ownership

Funds ownership: 5.95%5.85% (-0.09%)

3% less call options, than puts

Call options by funds: $325M | Put options by funds: $334M

Holders
968
Holders Change
+82
Holders Change %
+9.26%
% of All Funds
12.75%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
164
Increased
337
Reduced
335
Closed
67
Calls
$325M
Puts
$334M
Net Calls
-$9.25M
Net Calls Change
+$98.2M
Name Holding Trade Value Shares
Change
Change in
Stake
UBS AM
351
UBS AM
Illinois
$1.52M -$1.43M -5,000 -50%
Daiwa Securities Group
352
Daiwa Securities Group
Japan
$1.51M +$177K +618 +14%
HAG
353
HighPoint Advisor Group
Illinois
$1.51M -$66.5K -232 -4%
MPPW
354
Mitchell & Pahl Private Wealth
Oklahoma
$1.5M +$14.6K +51 +1%
AWM
355
Apollon Wealth Management
South Carolina
$1.49M +$136K +475 +11%
OIA
356
OneDigital Investment Advisors
Kansas
$1.49M +$16.3K +57 +1%
TC
357
TownSquare Capital
Utah
$1.49M -$13.5M -47,182 -91%
WLG
358
Williamson Legacy Group
Indiana
$1.48M -$1.09M -3,818 -44%
VCA
359
Verdence Capital Advisors
Maryland
$1.47M -$438K -1,528 -24%
PP
360
PDS Planning
Ohio
$1.47M +$88.5K +309 +7%
BCM
361
Bayesian Capital Management
New York
$1.46M +$1.38M +4,802 New
BA
362
Bridgewater Advisors
New York
$1.45M +$107K +373 +8%
CIM
363
Confluence Investment Management
Missouri
$1.44M +$17.5K +61 +1%
CA
364
Clearstead Advisors
Ohio
$1.41M +$281K +982 +27%
WA
365
Wealthstar Advisors
Texas
$1.39M +$1.31M +4,564 New
IWC
366
Integrated Wealth Concepts
Massachusetts
$1.38M +$461K +1,607 +55%
LA
367
LVW Advisors
New York
$1.38M -$126K -440 -9%
GF
368
Gabelli Funds
New York
$1.37M
Cambridge Investment Research Advisors
369
Cambridge Investment Research Advisors
Iowa
$1.37M -$516K -1,802 -29%
PEAK6
370
PEAK6
Illinois
$1.37M +$1.29M +4,497 +224,850%
Thrivent Financial for Lutherans
371
Thrivent Financial for Lutherans
Minnesota
$1.35M +$12.3K +43 +1%
Wolverine Trading
372
Wolverine Trading
Illinois
$1.35M +$285K +995 +28%
NEI
373
Northwest & Ethical Investments
Ontario, Canada
$1.35M -$201K -700 -14%
GCM
374
Genus Capital Management
British Columbia, Canada
$1.35M
BCM
375
BTC Capital Management
Iowa
$1.35M +$1.27M +4,431 New

SAP Hedge Fund Activity: Q2 2025 in Review

968 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2025, worth a combined $21.9B — up 11% from $19.7B a quarter earlier.

Buyers outnumbered sellers: 164 funds opened new SAP positions and 67 closed out — a net gain of 97 holders — while 337 added to existing stakes and 335 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $333M. The largest seller was Capital International Investors, cutting an estimated $926M.

  • 968 institutional investors held SAP (SAP) as of Q2 2025, up from 886 in Q1 2025.
  • Funds reported $21.9B of SAP stock for Q2 2025, up 11% quarter-over-quarter.
  • 164 funds opened new SAP positions in Q2 2025 and 67 closed out, a net change of +97 holders.
  • The largest SAP buyer in Q2 2025 was Fisher Asset Management, an estimated $333M added.
  • The largest SAP seller in Q2 2025 was Capital International Investors, an estimated $926M sold.

Based on aggregated 13F filings for Q2 2025.