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
EL
626
EWA LLC
Pennsylvania
$300K
CGA
627
Channing Global Advisors
Florida
$299K
FFN
628
Focus Financial Network
Minnesota
$299K
DE
629
Diversified Enterprises
Delaware
$298K
FHC
630
First Horizon Corporation
Tennessee
$295K
Empower Advisory Group
631
Empower Advisory Group
Colorado
$294K
CFG
632
Carter Financial Group
Illinois
$292K
EC
633
EntryPoint Capital
New York
$290K
BFG
634
Beacon Financial Group
Texas
$290K
VC
635
Veracity Capital
Georgia
$287K
PCWA
636
Pacific Capital Wealth Advisors
California
$285K
CWA
637
Cura Wealth Advisors
Illinois
$285K
WA
638
Wealthstream Advisors
New York
$285K
FCA
639
FLC Capital Advisors
California
$283K
SA
640
Shilanski & Associates
Alaska
$283K
BBA
641
Braun-Bostich & Associates
Pennsylvania
$281K
CB
642
Centennial Bank
Arkansas
$281K
CTC
643
Central Trust Company
Missouri
$279K
KA
644
Klingman & Associates
New York
$278K
1WA
645
180 Wealth Advisors
Washington
$277K
WAP
646
Wealthcare Advisory Partners
Pennsylvania
$272K
BPWM
647
Badgley Phelps Wealth Managers
Washington
$271K
BMCM
648
Burns Matteson Capital Management
New York
$270K
HIP
649
HUB Investment Partners
Texas
$268K
CIAS
650
Capital Investment Advisory Services
North Carolina
$267K