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
AG
426
Ascent Group
Virginia
$520K
BCM
427
Barometer Capital Management
Ontario, Canada
$513K
RBFC
428
Roman Butler Fullerton & Co
Missouri
$512K
SWP
429
Sagespring Wealth Partners
Tennessee
$511K
VCM
430
Voleon Capital Management
California
$511K
APWM
431
Argonautica Private Wealth Management
Massachusetts
$502K
BBHC
432
Brown Brothers Harriman & Co
New York
$494K
FMI
433
Frec Markets Inc
California
$490K
PFA
434
Pure Financial Advisors
California
$487K
CMI
435
Clare Market Investments
Texas
$486K
QT
436
Quantbot Technologies
New York
$485K
AC
437
Avestar Capital
New York
$484K
ASN
438
Advisory Services Network
Georgia
$480K
Balyasny Asset Management
439
Balyasny Asset Management
Illinois
$479K
HCP
440
Hexagon Capital Partners
Arkansas
$476K
SWP
441
Stratos Wealth Partners
Ohio
$474K
NRC
442
New Republic Capital
North Carolina
$471K
DADC
443
D.A. Davidson & Co
Montana
$470K
DS
444
DRW Securities
Illinois
$470K
SAM
445
Silvercrest Asset Management
New York
$459K
OL
446
Optas LLC
Texas
$458K
PWG
447
Portside Wealth Group
Utah
$455K
WPC
448
Wedmont Private Capital
Pennsylvania
$454K
OCA
449
OpenArc Corporate Advisory
Georgia
$454K
X
450
Xponance
Pennsylvania
$451K