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
HWA
751
Heartwood Wealth Advisors
Virginia
$93.5K
BI
752
Binnacle Investments
Iowa
$90.3K
WA
753
WPG Advisers
Maryland
$89.5K
PAM
754
Palisade Asset Management
Minnesota
$84.4K
LFG
755
Larson Financial Group
Missouri
$82.3K
AIM
756
Anchor Investment Management
South Carolina
$73.2K
BWL
757
Bogart Wealth LLC
Virginia
$72.4K
FC
758
Fairscale Capital
New Hampshire
$69.2K
AAS
759
Ameritas Advisory Services
Nebraska
$68.7K
MNA
760
Manning & Napier Advisors
New York
$65.7K
HIA
761
Harbor Investment Advisory
Maryland
$65.2K
CTWM
762
Cherry Tree Wealth Management
Minnesota
$64.4K
Mirae Asset Global ETFs Holdings
763
Mirae Asset Global ETFs Holdings
Hong Kong
$64.4K
ABWM
764
Alpine Bank Wealth Management
Colorado
$62K
KFI
765
Key Financial Inc
Pennsylvania
$61.8K
SWP
766
Strategic Wealth Partners
Ohio
$61.7K
MA
767
Montag & Associates
Georgia
$59.3K
WA
768
Whipplewood Advisors
Colorado
$54K
GWM
769
Geneos Wealth Management
Colorado
$53.4K
TFA
770
Toth Financial Advisory
Virginia
$53.4K
PCTC
771
Perkins Coie Trust Company
Washington
$53.4K
FMP
772
Financial Management Professionals
Texas
$53.2K
FGAM
773
Financial Gravity Asset Management
Texas
$51.8K
JWM
774
JPL Wealth Management
Colorado
$48.9K
LI
775
LRI Investments
Florida
$48.3K