917 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, 334 increasing their positions, 332 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: 109 | Existing positions closed: 135

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
917
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
NG
376
Norden Group
Utah
$1.04M
PSP
377
Principal Street Partners
Tennessee
$1.03M
MWM
378
Modera Wealth Management
New Jersey
$1.03M
AWM
379
Apollon Wealth Management
South Carolina
$1.03M
WIA
380
World Investment Advisors
California
$1.02M
AG
381
Ascent Group
Virginia
$1.01M
HTC
382
Haverford Trust Company
Pennsylvania
$1.01M
VCM
383
Versant Capital Management
Arizona
$1M
TW
384
TritonPoint Wealth
Maryland
$1M
HH
385
Hilltop Holdings
Texas
$994K
SCM
386
SOL Capital Management
Maryland
$991K
T. Rowe Price Associates
387
T. Rowe Price Associates
Maryland
$991K
FCP
388
Fidelis Capital Partners
Florida
$988K
VFA
389
Valeo Financial Advisors
Indiana
$981K
MWM
390
Mission Wealth Management
California
$980K
BCPE
391
Bain Capital Public Equity
Massachusetts
$975K
SSG
392
Summit Securities Group
New York
$975K
DAS
393
Dynamic Advisor Solutions
Arizona
$975K
LFA
394
Legacy Financial Advisors
Kentucky
$969K
DWM
395
Dynasty Wealth Management
Florida
$964K
SWM
396
Sendero Wealth Management
Texas
$958K
OWA
397
One Wealth Advisors
California
$945K
MWM
398
Meridian Wealth Management
Kentucky
$929K
SRC
399
Sage Rhino Capital
California
$923K
CGL
400
Clarius Group LLC
Washington
$919K