SAP
SAP
886 hedge funds and large institutions have $19.7B invested in SAP in 2025 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 289 increasing their positions, 343 reducing their positions, and 77 closing their positions.
62% more first-time investments, than exits
New positions opened: 125 | Existing positions closed: 77
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
12% more capital invested
Capital invested by funds: $17.6B → $19.7B (+$2.07B)
4% more funds holding
Funds holding: 856 → 886 (+30)
0.21% more ownership
Funds ownership: 5.74% → 5.95% (+0.21%)
16% less repeat investments, than reductions
Existing positions increased: 289 | Existing positions reduced: 343
31% less call options, than puts
Call options by funds: $242M | Put options by funds: $349M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$2.15B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$235M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$98.6M |
| 4 |
Morgan Stanley
New York
|
+$94.2M |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$92.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$797M |
| 2 |
Eagle Capital Management (New York)
New York
|
-$350M |
| 3 |
ClearBridge Investments
New York
|
-$222M |
| 4 |
Polen Capital Management
Boca Raton,
Florida
|
-$125M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
-$107M |
SAP Hedge Fund Activity: Q1 2025 in Review
886 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q1 2025, worth a combined $19.7B — up 12% from $17.6B a quarter earlier.
Buyers outnumbered sellers: 125 funds opened new SAP positions and 77 closed out — a net gain of 48 holders — while 289 added to existing stakes and 343 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $2.15B. The largest seller was Capital International Investors, cutting an estimated $797M.
- 886 institutional investors held SAP (SAP) as of Q1 2025, up from 856 in Q4 2024.
- Funds reported $19.7B of SAP stock for Q1 2025, up 12% quarter-over-quarter.
- 125 funds opened new SAP positions in Q1 2025 and 77 closed out, a net change of +48 holders.
- The largest SAP buyer in Q1 2025 was Fisher Asset Management, an estimated $2.15B added.
- The largest SAP seller in Q1 2025 was Capital International Investors, an estimated $797M sold.
Based on aggregated 13F filings for Q1 2025.