917 hedge funds and large institutions have $19.3B invested in SAP in 2025 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 334 increasing their positions, 332 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: 109 | Existing positions closed: 135

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
917
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
HF
526
HRT Financial
New York
$471K
SW
527
Simplicity Wealth
New Jersey
$469K
CP
528
Canopy Partners
Ohio
$467K
FT
529
Fiduciary Trust
Massachusetts
$464K
NHC
530
Nicholas Hoffman & Company
Georgia
$464K
SMA
531
Sage Mountain Advisors
Georgia
$464K
MAM
532
MMA Asset Management
Pennsylvania
$463K
FOA
533
Five Oceans Advisors
California
$461K
BWM
534
Baron Wealth Management
Michigan
$460K
JSAM
535
J. Safra Asset Management
New York
$459K
JIC
536
Joel Isaacson & Co
New York
$456K
CAG
537
Crestwood Advisors Group
Massachusetts
$451K
HNW
538
High Note Wealth
Minnesota
$451K
C
539
Certuity
Florida
$450K
WPW
540
Warther Private Wealth
Ohio
$439K
MLL
541
Moody Lynn & Lieberson
Massachusetts
$438K
AA
542
Addison Advisors
Vermont
$438K
SAM
543
Strive Asset Management
Ohio
$438K
WA
544
Wealthstar Advisors
Texas
$435K
MIM
545
Merrion Investment Management
New Jersey
$433K
ATIA
546
American Trust Investment Advisors
New Hampshire
$433K
TIAA Trust, National Association
547
TIAA Trust, National Association
North Carolina
$431K
S
548
Sunpointe
Missouri
$429K
FVWA
549
Foster Victor Wealth Advisors
South Carolina
$425K
NRC
550
New Republic Capital
North Carolina
$420K