833 hedge funds and large institutions have $14.8B invested in SAP in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 335 increasing their positions, 290 reducing their positions, and 168 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: $ → $

28% less call options, than puts

Call options by funds: $296M | Put options by funds: $410M

43% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 168

50% less funds holding in top 10

Funds holding in top 10: 147 (-7)

Holders
833
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$296M
Puts
$410M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DC
601
Davenport & Co
Virginia
$200K
CAL
602
Capital Analysts LLC
Pennsylvania
$190K
SS
603
SBI Securities
Japan
$190K
MHR
604
Matthew Hamilton Rosenberg
$189K
PUI
605
Purpose Unlimited Inc
$188K
CB
606
Centennial Bank
Arkansas
$180K
JFGIW
607
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$177K
WETS
608
Wealth Enhancement Trust Services
South Dakota
$174K
UB
609
UMB Bank
Missouri
$162K
CFSG
610
Community Financial Services Group
Vermont
$159K
ACM
611
Anfield Capital Management
California
$154K
AF
612
Advisornet Financial
Minnesota
$153K
KOCAA
613
Knights of Columbus Asset Advisors
Connecticut
$145K
SWM
614
Spire Wealth Management
Virginia
$140K
SL
615
Salomon & Ludwin
Virginia
$135K
BIM
616
Brentview Investment Management
Illinois
$129K
BGC
617
Beutel, Goodman & Co
Ontario, Canada
$128K
FHC
618
First Horizon Corporation
Tennessee
$127K
CTC
619
Central Trust Company
Missouri
$121K
SOW
620
State of Wyoming
Wyoming
$121K
CI
621
CX Institutional
Indiana
$120K
MIFH
622
Migdal Insurance & Financial Holdings
Israel
$114K
OWP
623
ORG Wealth Partners
Texas
$114K
GBT
624
Grove Bank & Trust
Florida
$107K
TWM
625
TopTier Wealth Management
Wisconsin
$102K