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
BCM
476
Barometer Capital Management
Ontario, Canada
$575K
WWM
477
Western Wealth Management
Colorado
$571K
BP
478
BBR Partners
New York
$571K
AWM
479
Angeles Wealth Management
California
$570K
TW
480
Traveka Wealth
California
$568K
DWM
481
Drive Wealth Management
Utah
$567K
NFG
482
Nations Financial Group
Iowa
$562K
BRWA
483
B. Riley Wealth Advisors
Florida
$560K
WPC
484
Wedmont Private Capital
Pennsylvania
$557K
HW
485
Hancock Whitney
Mississippi
$555K
EARNEST Partners
486
EARNEST Partners
Georgia
$553K
MG
487
Mather Group
Illinois
$550K
LCM
488
LCM Capital Management
Illinois
$550K
TPI
489
Trust Point Inc
Wisconsin
$546K
RCA
490
Resonant Capital Advisors
Wisconsin
$542K
PNC
491
Park National Corp
Ohio
$541K
GFP
492
Gryphon Financial Partners
Ohio
$540K
SEIA
493
Signature Estate & Investment Advisors
California
$539K
FPAS
494
Focus Partners Advisor Solutions
Missouri
$539K
TPCW
495
TD Private Client Wealth
New York
$536K
TA
496
Tectonic Advisors
Texas
$534K
Toronto Dominion Bank
497
Toronto Dominion Bank
Ontario, Canada
$529K
HSBC Holdings
498
HSBC Holdings
United Kingdom
$529K
CWM
499
Circle Wealth Management
New Jersey
$527K
AWM
500
Aprio Wealth Management
Georgia
$527K