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
Marshall Wace
551
Marshall Wace
United Kingdom
$410K
AGC
552
Aspen Grove Capital
Colorado
$403K
FC
553
Farringdon Capital
United Kingdom
$402K
1M
554
1248 Management
Missouri
$399K
GVAG
555
Great Valley Advisor Group
Delaware
$397K
FG
556
Foster Group
Iowa
$395K
WANY
557
Wealthspire Advisors (New York)
New York
$392K
CP
558
CenterBook Partners
Connecticut
$391K
HPG
559
Harvest Portfolios Group
Ontario, Canada
$387K
HNB
560
Huntington National Bank
Ohio
$387K
JFG
561
Jefferies Financial Group
New York
$387K
NWAG
562
Net Worth Advisory Group
Utah
$387K
HR
563
Hardy Reed
Mississippi
$383K
GGA
564
Granite Group Advisors
Connecticut
$383K
PW
565
PUREfi Wealth
Massachusetts
$383K
JFGIW
566
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$382K
RA
567
Riversedge Advisors
Delaware
$382K
GRP
568
Global Retirement Partners
California
$382K
PHS
569
Pekin Hardy Strauss
Illinois
$382K
AWM
570
Avior Wealth Management
Nebraska
$382K
ATPW
571
Ashton Thomas Private Wealth
Arizona
$376K
KOCAA
572
Knights of Columbus Asset Advisors
Connecticut
$375K
BTWM
573
Baker Tilly Wealth Management
Wisconsin
$374K
BBP
574
Banco BTG Pactual
Brazil
$374K
HW
575
Hamilton Wealth
California
$371K