836 hedge funds and large institutions have $14.8B invested in SAP in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 337 increasing their positions, 291 reducing their positions, and 168 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: $ → $

28% less call options, than puts

Call options by funds: $296M | Put options by funds: $410M

43% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 168

50% less funds holding in top 10

Funds holding in top 10: 147 (-7)

Holders
836
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$296M
Puts
$410M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BLC
826
Brown, Lisle/Cummings
Rhode Island
$1.2K
AWM
827
Abound Wealth Management
Tennessee
$1.03K
QWM
828
Quaker Wealth Management
New Jersey
$857
TC
829
Trust Company
Kansas
$856
PWA
830
Portus Wealth Advisors
North Carolina
$856
RFS
831
Richardson Financial Services
Massachusetts
$685
CJ
832
Caitlin John
Michigan
$541
NWS
833
Nvest Wealth Strategies
Ohio
$514
SIC
834
Salem Investment Counselors
North Carolina
$343
MWC
835
MBM Wealth Consultants
Missouri
$342
KFG
836
Kingdom Financial Group
Arizona
$11
LAS
837
Lloyd Advisory Services
Georgia
$11
Sands Capital Management
838
Sands Capital Management
Virginia
Manulife (Manufacturers Life Insurance)
839
Manulife (Manufacturers Life Insurance)
Ontario, Canada
Norges Bank
840
Norges Bank
Norway
NAMI
841
Nomura Asset Management International
Pennsylvania
NA
842
NewEdge Advisors
Louisiana
UC
843
Unio Capital
New Jersey
Lord, Abbett & Co
844
Lord, Abbett & Co
New Jersey
ACM
845
Alight Capital Management
New York
OBAM
846
ODDO BHF Asset Management
France
MCP
847
Meridiem Capital Partners
Texas
BCP
848
Bluegrass Capital Partners
Florida
GFM
849
GF Fund Management
China
Optiver Holding
850
Optiver Holding
Netherlands