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
AWA
601
Arete Wealth Advisors
Illinois
$341K
CFG
602
Certior Financial Group
Pennsylvania
$340K
BWP
603
BSW Wealth Partners
Colorado
$339K
EFSCE
604
Enterprise Financial Services Corp (EFSC)
Missouri
$339K
HPC
605
HM Payson & Co
Maine
$335K
AWM
606
Axxcess Wealth Management
California
$335K
ISL
607
Ingalls & Snyder LLC
New York
$334K
CHAM
608
Clear Harbor Asset Management
Connecticut
$333K
SS
609
SBI Securities
Japan
$332K
CCMG
610
Clark Capital Management Group
Pennsylvania
$330K
BWP
611
Baldwin Wealth Partners
Massachusetts
$327K
Parnassus Investments
612
Parnassus Investments
California
$327K
OHWP
613
Oak Harbor Wealth Partners
North Carolina
$325K
BDFN
614
Bond & Devick Financial Network
Minnesota
$323K
SW
615
SVB Wealth
Massachusetts
$323K
HPM
616
Hoxton Planning & Management
West Virginia
$322K
CI Investments Inc
617
CI Investments Inc
Ontario, Canada
$321K
SSC
618
Syverson Strege & Co
Iowa
$320K
ICP
619
Impact Capital Partners
Colorado
$319K
SF
620
Summit Financial
New Jersey
$319K
BBVA
621
Banco Bilbao Vizcaya Argentaria
Spain
$318K
BCM
622
Brookstone Capital Management
Illinois
$316K
AI
623
Atom Investors
Texas
$313K
CIM
624
Contravisory Investment Management
Massachusetts
$312K
Koshinski Asset Management
625
Koshinski Asset Management
Illinois
$310K