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
BBW
576
Blue Barn Wealth
Utah
$370K
PTC
577
Private Trust Company
Ohio
$365K
GWM
578
Gitterman Wealth Management
New Jersey
$365K
TYCC
579
Texas Yale Capital Corp
Florida
$364K
BHCM
580
Brevan Howard Capital Management
Jersey
$364K
LCWP
581
Legacy Capital Wealth Partners
Arkansas
$361K
Nomura Holdings
582
Nomura Holdings
Japan
$361K
DOA
583
D'Orazio & Associates
Virginia
$359K
AG
584
AlTi Global
New York
$359K
SFC
585
SYM Financial Corp
Indiana
$359K
GIA
586
Gateway Investment Advisers
Ohio
$356K
BAM
587
Blueshift Asset Management
New Jersey
$356K
WI
588
WrapManager Inc
California
$354K
WGAM
589
Wilkinson Global Asset Management
New York
$353K
LW
590
Linscomb Wealth
Texas
$352K
VF
591
Vest Financial
Virginia
$351K
FLPIM
592
F.L. Putnam Investment Management
Massachusetts
$349K
MHR
593
Matthew Hamilton Rosenberg
$346K
AAM
594
Aureus Asset Management
Massachusetts
$345K
JWCA
595
J.W. Cole Advisors
Florida
$341K
AWA
596
Arete Wealth Advisors
Illinois
$341K
CFG
597
Certior Financial Group
Pennsylvania
$340K
BWP
598
BSW Wealth Partners
Colorado
$339K
EFSCE
599
Enterprise Financial Services Corp (EFSC)
Missouri
$339K
HPC
600
HM Payson & Co
Maine
$335K