909 hedge funds and large institutions have $19.3B invested in SAP in 2025 Q3 according to their latest regulatory filings, with 110 funds opening new positions, 331 increasing their positions, 327 reducing their positions, and 135 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

19% less first-time investments, than exits

New positions opened: 110 | Existing positions closed: 135

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
909
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
MWM
376
Modera Wealth Management
New Jersey
$1.03M
AWM
377
Apollon Wealth Management
South Carolina
$1.03M
WIA
378
World Investment Advisors
California
$1.02M
AG
379
Ascent Group
Virginia
$1.01M
HTC
380
Haverford Trust Company
Pennsylvania
$1.01M
VCM
381
Versant Capital Management
Arizona
$1M
TW
382
TritonPoint Wealth
Maryland
$1M
HH
383
Hilltop Holdings
Texas
$994K
SCM
384
SOL Capital Management
Maryland
$991K
T. Rowe Price Associates
385
T. Rowe Price Associates
Maryland
$991K
FCP
386
Fidelis Capital Partners
Florida
$988K
VFA
387
Valeo Financial Advisors
Indiana
$981K
MWM
388
Mission Wealth Management
California
$980K
BCPE
389
Bain Capital Public Equity
Massachusetts
$975K
SSG
390
Summit Securities Group
New York
$975K
DAS
391
Dynamic Advisor Solutions
Arizona
$975K
LFA
392
Legacy Financial Advisors
Kentucky
$969K
DWM
393
Dynasty Wealth Management
Florida
$964K
SWM
394
Sendero Wealth Management
Texas
$958K
OWA
395
One Wealth Advisors
California
$945K
MWM
396
Meridian Wealth Management
Kentucky
$929K
SRC
397
Sage Rhino Capital
California
$923K
CGL
398
Clarius Group LLC
Washington
$919K
SWP
399
Sagespring Wealth Partners
Tennessee
$919K
LMIM
400
Lockheed Martin Investment Management
Maryland
$914K