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
CWA
701
CogentBlue Wealth Advisors
Tennessee
$213K
PWP
702
Phillips Wealth Planners
Mississippi
$213K
Baird Financial Group
703
Baird Financial Group
Wisconsin
$213K
SAI
704
Savvy Advisors Inc
New York
$211K
XF
705
XML Financial
Maryland
$210K
AO
706
Advisor OS
Illinois
$208K
MIFH
707
Migdal Insurance & Financial Holdings
Israel
$208K
FCH
708
Freestone Capital Holdings
Washington
$208K
AGA
709
Accuvest Global Advisors
Utah
$207K
MWS
710
MFA Wealth Services
California
$207K
VC
711
Veery Capital
Delaware
$206K
JCM
712
Janney Capital Management
Pennsylvania
$206K
ICP
713
Interchange Capital Partners
Pennsylvania
$205K
CFB
714
Cullen/Frost Bankers
Texas
$204K
TCA
715
Transcend Capital Advisors
New Jersey
$204K
EFG
716
Everhart Financial Group
Ohio
$204K
ML
717
Mayport LLC
Massachusetts
$203K
BIM
718
Brentview Investment Management
Illinois
$202K
BGC
719
Beutel, Goodman & Co
Ontario, Canada
$200K
BCM
720
Berbice Capital Management
New York
$187K
SWM
721
Spire Wealth Management
Virginia
$186K
OWP
722
ORG Wealth Partners
Texas
$184K
CSPIA
723
Cary Street Partners Investment Advisory
Virginia
$180K
CCM
724
Cloud Capital Management
Washington
$165K
GBT
725
Grove Bank & Trust
Florida
$158K