875 hedge funds and large institutions have $19.7B invested in SAP in 2025 Q1 according to their latest regulatory filings, with 126 funds opening new positions, 286 increasing their positions, 337 reducing their positions, and 75 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
875
Holders Change
+29
Holders Change %
+3.43%
% of All Funds
11.89%
Holding in Top 10
15
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+25%
% of All Funds
0.2%
New
126
Increased
286
Reduced
337
Closed
75
Calls
$242M
Puts
$349M
Net Calls
-$107M
Net Calls Change
-$34.3M
Name Holding Trade Value Shares
Change
Shares
Change %
Natixis Advisors
26
Natixis Advisors
Massachusetts
$104M -$5.9M -21,971 -5%
CIC
27
Crawford Investment Counsel
Georgia
$102M -$6.92M -25,769 -6%
BNP Paribas Financial Markets
28
BNP Paribas Financial Markets
France
$98.5M +$2.53M +9,411 +3%
UBS Group
29
UBS Group
Switzerland
$94.7M +$19.5M +72,694 +26%
Marshall Wace
30
Marshall Wace
United Kingdom
$91M +$91M +339,134 New
AF
31
Aviso Financial
Ontario, Canada
$86.2M +$2.17M +8,098 +3%
TIM
32
Thornburg Investment Management
New Mexico
$84.1M -$22.4M -8,339 -21%
First Trust Advisors
33
First Trust Advisors
Illinois
$79.6M -$219K -817 -0.3%
Bank of New York Mellon
34
Bank of New York Mellon
New York
$78.7M -$14.8M -55,242 -16%
Lazard Asset Management
35
Lazard Asset Management
New York
$75.2M -$1.18M -4,388 -2%
Bank of Montreal
36
Bank of Montreal
Ontario, Canada
$73.8M +$19.4M +72,298 +36%
Neuberger Berman Group
37
Neuberger Berman Group
New York
$70.6M -$21.7M -80,889 -24%
NOCM
38
Night Owl Capital Management
Connecticut
$63.3M +$2.2M +8,178 +4%
Sands Capital Management
39
Sands Capital Management
Virginia
$59.9M +$59.9M +223,032 New
1832 Asset Management
40
1832 Asset Management
Ontario, Canada
$56.6M +$16.6M +61,831 +41%
SEI Investments
41
SEI Investments
Pennsylvania
$52.5M +$5.27M +19,622 +11%
NA
42
NewEdge Advisors
Louisiana
$51.7M -$2.58M -9,611 -5%
MVIP
43
Mar Vista Investment Partners
California
$48.1M -$7.42M -27,654 -13%
MCM
44
Marsico Capital Management
Colorado
$46.6M
BCM
45
Becker Capital Management
Oregon
$46.1M -$1.67M -6,217 -3%
Massachusetts Financial Services
46
Massachusetts Financial Services
Massachusetts
$42.3M +$2.7M +10,061 +7%
Manulife (Manufacturers Life Insurance)
47
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$42.1M -$18.3M -68,097 -30%
CCM
48
Causeway Capital Management
California
$41.6M -$6.1M -22,721 -13%
Stifel Financial
49
Stifel Financial
Missouri
$41.6M -$18M -66,999 -30%
Invesco
50
Invesco
Georgia
$37M -$3.7M -13,770 -9%