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
YIA
451
YHB Investment Advisors
Connecticut
$671K
CI
452
Corient IA
Florida
$668K
CTC
453
Cetera Trust Company
Minnesota
$667K
HSA
454
HBK Sorce Advisory
Pennsylvania
$666K
EWA
455
EverSource Wealth Advisors
Alabama
$663K
SL
456
Summitry LLC
California
$659K
RS
457
R Squared
Hong Kong
$657K
AWAU
458
Alliance Wealth Advisors (Utah)
Utah
$655K
AF
459
Allworth Financial
California
$653K
BG
460
Bahl & Gaynor
Ohio
$650K
BWM
461
BKM Wealth Management
Wisconsin
$641K
APWM
462
Argonautica Private Wealth Management
Massachusetts
$640K
GCM
463
Gallacher Capital Management
Colorado
$639K
SFFS
464
Stonehage Fleming Financial Services
Jersey
$636K
OC
465
Oppenheimer & Co
New York
$623K
SGA
466
Strategic Global Advisors
California
$622K
JSW
467
Journey Strategic Wealth
New Jersey
$622K
BFG
468
Birch Financial Group
New Hampshire
$619K
AHL
469
Abel Hall LLC
Louisiana
$617K
BBHC
470
Brown Brothers Harriman & Co
New York
$614K
PHIC
471
Pine Haven Investment Counsel
Massachusetts
$611K
NS
472
NBC Securities
Alabama
$610K
SI
473
Stephens Inc
Arkansas
$604K
PI
474
PFG Investments
New York
$597K
YIH
475
Y-Intercept (HK)
Hong Kong
$587K