833 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, 335 increasing their positions, 290 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
833
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
TC
826
Trust Company
Kansas
$856
PWA
827
Portus Wealth Advisors
North Carolina
$856
RFS
828
Richardson Financial Services
Massachusetts
$685
CJ
829
Caitlin John
Michigan
$541
NWS
830
Nvest Wealth Strategies
Ohio
$514
SIC
831
Salem Investment Counselors
North Carolina
$343
MWC
832
MBM Wealth Consultants
Missouri
$342
LAS
833
Lloyd Advisory Services
Georgia
$11
KFG
834
Kingdom Financial Group
Arizona
$11
Sands Capital Management
835
Sands Capital Management
Virginia
Manulife (Manufacturers Life Insurance)
836
Manulife (Manufacturers Life Insurance)
Ontario, Canada
Norges Bank
837
Norges Bank
Norway
NAMI
838
Nomura Asset Management International
Pennsylvania
NA
839
NewEdge Advisors
Louisiana
UC
840
Unio Capital
New Jersey
Lord, Abbett & Co
841
Lord, Abbett & Co
New Jersey
ACM
842
Alight Capital Management
New York
OBAM
843
ODDO BHF Asset Management
France
MCP
844
Meridiem Capital Partners
Texas
BCP
845
Bluegrass Capital Partners
Florida
GFM
846
GF Fund Management
China
Optiver Holding
847
Optiver Holding
Netherlands
BWFA
848
Baltimore-Washington Financial Advisors
Maryland
CWP
849
Capital Wealth Planning
Florida
EWM
850
Elite Wealth Management
Washington