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
IWA
551
Icon Wealth Advisors
Texas
$418K
CAMG
552
CWA Asset Management Group
Florida
$411K
WAG
553
Wallace Advisory Group
California
$411K
AC
554
Apella Capital
Connecticut
$410K
Marshall Wace
555
Marshall Wace
United Kingdom
$410K
AGC
556
Aspen Grove Capital
Colorado
$403K
FC
557
Farringdon Capital
United Kingdom
$402K
1M
558
1248 Management
Missouri
$399K
GVAG
559
Great Valley Advisor Group
Delaware
$397K
FG
560
Foster Group
Iowa
$395K
WANY
561
Wealthspire Advisors (New York)
New York
$392K
CP
562
CenterBook Partners
Connecticut
$391K
HPG
563
Harvest Portfolios Group
Ontario, Canada
$387K
HNB
564
Huntington National Bank
Ohio
$387K
JFG
565
Jefferies Financial Group
New York
$387K
NWAG
566
Net Worth Advisory Group
Utah
$387K
HR
567
Hardy Reed
Mississippi
$383K
GGA
568
Granite Group Advisors
Connecticut
$383K
PW
569
PUREfi Wealth
Massachusetts
$383K
JFGIW
570
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$382K
RA
571
Riversedge Advisors
Delaware
$382K
GRP
572
Global Retirement Partners
California
$382K
PHS
573
Pekin Hardy Strauss
Illinois
$382K
AWM
574
Avior Wealth Management
Nebraska
$382K
ATPW
575
Ashton Thomas Private Wealth
Arizona
$376K