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
NHC
526
Nicholas Hoffman & Company
Georgia
$464K
SMA
527
Sage Mountain Advisors
Georgia
$464K
MAM
528
MMA Asset Management
Pennsylvania
$463K
FOA
529
Five Oceans Advisors
California
$461K
BWM
530
Baron Wealth Management
Michigan
$460K
JSAM
531
J. Safra Asset Management
New York
$459K
JIC
532
Joel Isaacson & Co
New York
$456K
CAG
533
Crestwood Advisors Group
Massachusetts
$451K
HNW
534
High Note Wealth
Minnesota
$451K
C
535
Certuity
Florida
$450K
WPW
536
Warther Private Wealth
Ohio
$439K
MLL
537
Moody Lynn & Lieberson
Massachusetts
$438K
AA
538
Addison Advisors
Vermont
$438K
SAM
539
Strive Asset Management
Ohio
$438K
WA
540
Wealthstar Advisors
Texas
$435K
ATIA
541
American Trust Investment Advisors
New Hampshire
$433K
MIM
542
Merrion Investment Management
New Jersey
$433K
TIAA Trust, National Association
543
TIAA Trust, National Association
North Carolina
$431K
S
544
Sunpointe
Missouri
$429K
FVWA
545
Foster Victor Wealth Advisors
South Carolina
$425K
NRC
546
New Republic Capital
North Carolina
$420K
IWA
547
Icon Wealth Advisors
Texas
$418K
CAMG
548
CWA Asset Management Group
Florida
$411K
WAG
549
Wallace Advisory Group
California
$411K
AC
550
Apella Capital
Connecticut
$410K