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927 hedge funds and large institutions have $17.1B invested in SAP in 2025 Q4 according to their latest regulatory filings, with 142 funds opening new positions, 319 increasing their positions, 332 reducing their positions, and 123 closing their positions.

New
Increased
Maintained
Reduced
Closed

more funds holding in top 10

Funds holding in top 10:

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

0.16% less ownership

Funds ownership: 5.89%5.73% (-0.16%)

4% less repeat investments, than reductions

Existing positions increased: 319 | Existing positions reduced: 332

12% less capital invested

Capital invested by funds: $19.3B → $17.1B (-$2.27B)

Holders
927
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
14
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$327M
Puts
$280M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
501
LCM Capital Management
Illinois
$498K
HW
502
Hancock Whitney
Mississippi
$497K
X
503
Xponance
Pennsylvania
$493K
FMI
504
Frec Markets Inc
California
$490K
CAG
505
Crestwood Advisors Group
Massachusetts
$490K
SP
506
SIH Partners
Delaware
$488K
CIA
507
Choate Investment Advisors
Massachusetts
$487K
VA
508
Veratis Advisors
North Carolina
$485K
Group One Trading
509
Group One Trading
Illinois
$478K
NFG
510
Nations Financial Group
Iowa
$477K
TA
511
Tectonic Advisors
Texas
$476K
SC
512
Savant Capital
Illinois
$476K
SFO
513
Stokes Family Office
Louisiana
$470K
FTWA
514
Fifth Third Wealth Advisors
Ohio
$467K
CH
515
Cromwell Holdings
Wyoming
$467K
MMA
516
Miracle Mile Advisors
California
$466K
Luther King Capital Management (LKCM)
517
Luther King Capital Management (LKCM)
Texas
$461K
GSEP
518
Golden State Equity Partners
California
$461K
GCM
519
Gallacher Capital Management
Colorado
$458K
SEIA
520
Signature Estate & Investment Advisors
California
$457K
RMDI
521
R.M. Davis Inc
Maine
$456K
WA
522
Waverly Advisors
Alabama
$454K
MGI
523
Miller Global Investments
Texas
$452K
IWM
524
IHT Wealth Management
Illinois
$449K
SI
525
Seeds Investor
New York
$448K