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
CB
426
Commerce Bank
Missouri
$765K
FTA
427
Financial & Tax Architects
Missouri
$764K
CMI
428
Clare Market Investments
Texas
$759K
SWP
429
Stratos Wealth Partners
Ohio
$758K
SFS
430
Sowell Financial Services
Arkansas
$755K
BWCS
431
Beirne Wealth Consulting Services
Connecticut
$742K
Mitsubishi UFJ Asset Management
432
Mitsubishi UFJ Asset Management
Japan
$735K
FFL
433
Future Fund LLC
Illinois
$735K
PGFC
434
Peapack-Gladstone Financial Corp
New Jersey
$734K
DI
435
Diligent Investors
California
$732K
TAM
436
Tocqueville Asset Management
New York
$721K
LCGC
437
Legacy Capital Group California
California
$713K
AC
438
Avestar Capital
New York
$712K
Vontobel Holding
439
Vontobel Holding
Switzerland
$704K
Verition Fund Management
440
Verition Fund Management
Connecticut
$701K
PFA
441
Pure Financial Advisors
California
$700K
BPA
442
Beacon Pointe Advisors
California
$691K
ATC
443
Argent Trust Co
Tennessee
$690K
FDP
444
Financiere des Professionnels
Quebec, Canada
$686K
DT
445
Diversified Trust
Tennessee
$681K
SA
446
Sovran Advisors
California
$681K
MOS
447
MGO One Seven
Ohio
$673K
YIA
448
YHB Investment Advisors
Connecticut
$671K
CI
449
Corient IA
Florida
$668K
CTC
450
Cetera Trust Company
Minnesota
$667K