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, 333 increasing their positions, 333 reducing their positions, and 135 closing their positions.

New
Increased
Maintained
Reduced
Closed

more ownership

Funds ownership:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

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
TFA
776
Toth Financial Advisory
Virginia
$53.4K
PCTC
777
Perkins Coie Trust Company
Washington
$53.4K
FMP
778
Financial Management Professionals
Texas
$53.2K
FGAM
779
Financial Gravity Asset Management
Texas
$51.8K
JWM
780
JPL Wealth Management
Colorado
$48.9K
LI
781
LRI Investments
Florida
$48.3K
FDCP
782
Foster Dykema Cabot & Partners
Massachusetts
$48.1K
CT
783
Caldwell Trust
Florida
$47K
CA
784
CoreCap Advisors
Michigan
$45.4K
BHWM
785
Beaird Harris Wealth Management
Texas
$45.4K
JWA
786
JFS Wealth Advisors
Pennsylvania
$44.9K
DI
787
DAGCO Inc
Ohio
$44.9K
PWA
788
Physician Wealth Advisors
Utah
$43.8K
BGAI
789
Bruce G. Allen Investments
Colorado
$42.2K
HWA
790
HHM Wealth Advisors
Tennessee
$40.6K
HWP
791
Highline Wealth Partners
California
$40.6K
HNB
792
Hilltop National Bank
Wyoming
$40.3K
GKIM
793
GW&K Investment Management
Massachusetts
$40K
PWA
794
Provenance Wealth Advisors
Florida
$39.8K
MSWM
795
Mowery & Schoenfeld Wealth Management
Illinois
$38.2K
FFA
796
Frazier Financial Advisors
Ohio
$36.1K
SC
797
Solstein Capital
California
$35.5K
FCMT
798
Founders Capital Management (Texas)
Texas
$35K
TWD
799
True Wealth Design
Ohio
$35K
AFG
800
Albion Financial Group
Utah
$33.9K