We are live on ! Find out more

968 hedge funds and large institutions have $21.9B invested in SAP in 2025 Q2 according to their latest regulatory filings, with 164 funds opening new positions, 337 increasing their positions, 335 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 67

11% more capital invested

Capital invested by funds: $19.7B → $21.9B (+$2.17B)

9% more funds holding

Funds holding: 886968 (+82)

1% more repeat investments, than reductions

Existing positions increased: 337 | Existing positions reduced: 335

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

0.09% less ownership

Funds ownership: 5.95%5.85% (-0.09%)

3% less call options, than puts

Call options by funds: $325M | Put options by funds: $334M

Holders
968
Holders Change
+82
Holders Change %
+9.26%
% of All Funds
12.75%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
164
Increased
337
Reduced
335
Closed
67
Calls
$325M
Puts
$334M
Net Calls
-$9.25M
Net Calls Change
+$98.2M
Name Holding Trade Value Shares
Change
Change in
Stake
SC
776
Searle & Co
Connecticut
$203K +$191K +667 New
PFPT
777
Pinnacle Financial Partners (Tennessee)
Tennessee
$200K +$189K +659 New
RBI
778
Raiffeisen Bank International
Austria
$187K
SC
779
SouthState Corp
Florida
$173K -$140K -488 -46%
CA
780
CoreCap Advisors
Michigan
$171K +$39.3K +137 +32%
ST
781
Smithfield Trust
Pennsylvania
$169K
BCM
782
Berbice Capital Management
New York
$167K +$28.7K +100 +22%
HBW
783
Hazlett, Burt & Watson
West Virginia
$165K -$4.87K -17 -3%
CFB
784
Cullen/Frost Bankers
Texas
$148K +$26.9K +94 +24%
CIAS
785
CBIZ Investment Advisory Services
Ohio
$146K
FFO
786
Fortitude Family Office
Arizona
$145K -$6.88K -24 -5%
AAS
787
Ameritas Advisory Services
Nebraska
$143K +$135K +470 New
PB
788
Pinnacle Bancorp
Nebraska
$137K +$50.7K +177 +65%
IBOK
789
Independence Bank of Kentucky
Kentucky
$137K
RAM
790
Ramirez Asset Management
New York
$137K
SO
791
Sierra Ocean
California
$137K -$5.16K -18 -4%
WPA
792
Wealth Preservation Advisors
Tennessee
$136K +$128K +448 New
EFMH
793
E Fund Management (HK)
Hong Kong
$135K +$70.8K +247 +125%
CSPIA
794
Cary Street Partners Investment Advisory
Virginia
$133K -$159K -554 -56%
EB
795
Eastern Bank
Massachusetts
$131K -$9.46K -33 -7%
HI
796
Harbour Investments
Wisconsin
$124K -$12.9K -45 -10%
NSIM
797
North Star Investment Management
Illinois
$123K
WA
798
WPG Advisers
Maryland
$123K -$1.43K -5 -1%
Nisa Investment Advisors
799
Nisa Investment Advisors
Missouri
$122K
RIL
800
Rothschild Investment LLC
Illinois
$120K -$1.72K -6 -1%

SAP Hedge Fund Activity: Q2 2025 in Review

968 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2025, worth a combined $21.9B — up 11% from $19.7B a quarter earlier.

Buyers outnumbered sellers: 164 funds opened new SAP positions and 67 closed out — a net gain of 97 holders — while 337 added to existing stakes and 335 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $333M. The largest seller was Capital International Investors, cutting an estimated $926M.

  • 968 institutional investors held SAP (SAP) as of Q2 2025, up from 886 in Q1 2025.
  • Funds reported $21.9B of SAP stock for Q2 2025, up 11% quarter-over-quarter.
  • 164 funds opened new SAP positions in Q2 2025 and 67 closed out, a net change of +97 holders.
  • The largest SAP buyer in Q2 2025 was Fisher Asset Management, an estimated $333M added.
  • The largest SAP seller in Q2 2025 was Capital International Investors, an estimated $926M sold.

Based on aggregated 13F filings for Q2 2025.