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
WWM
701
Waterway Wealth Management
Texas
$222K
BAAM
702
Baker Avenue Asset Management
California
$221K
EPAM
703
Euro Pacific Asset Management
Puerto Rico
$221K
IPW
704
Intergy Private Wealth
Colorado
$216K
CPA
705
Capital Performance Advisors
California
$216K
PFW
706
Petros Family Wealth
Minnesota
$214K
CWA
707
CogentBlue Wealth Advisors
Tennessee
$213K
PWP
708
Phillips Wealth Planners
Mississippi
$213K
Baird Financial Group
709
Baird Financial Group
Wisconsin
$213K
SAI
710
Savvy Advisors Inc
New York
$211K
XF
711
XML Financial
Maryland
$210K
AO
712
Advisor OS
Illinois
$208K
MIFH
713
Migdal Insurance & Financial Holdings
Israel
$208K
FCH
714
Freestone Capital Holdings
Washington
$208K
AGA
715
Accuvest Global Advisors
Utah
$207K
MWS
716
MFA Wealth Services
California
$207K
VC
717
Veery Capital
Delaware
$206K
JCM
718
Janney Capital Management
Pennsylvania
$206K
ICP
719
Interchange Capital Partners
Pennsylvania
$205K
CFB
720
Cullen/Frost Bankers
Texas
$204K
TCA
721
Transcend Capital Advisors
New Jersey
$204K
EFG
722
Everhart Financial Group
Ohio
$204K
ML
723
Mayport LLC
Massachusetts
$203K
BIM
724
Brentview Investment Management
Illinois
$202K
BGC
725
Beutel, Goodman & Co
Ontario, Canada
$200K