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
AIC
851
Archer Investment Corporation
Indiana
$12.3K
AF
852
Alerus Financial
North Dakota
$12K
BIA
853
Bell Investment Advisors
California
$11.8K
CAM
854
Creekmur Asset Management
Illinois
$10.2K
EPAM
855
Evelyn Partners Asset Management
$10.2K
C
856
Covestor
United Kingdom
$10K
TCM
857
Triumph Capital Management
Colorado
$9.09K
FIM
858
FWL Investment Management
Texas
$8.82K
TCOV
859
Trust Company of Vermont
Vermont
$8.82K
PCM
860
Perritt Capital Management
Illinois
$8.28K
FLP
861
Financial Life Planners
Arizona
$8.14K
FC
862
Financial Consulate
Maryland
$8.02K
WPWM
863
Western Pacific Wealth Management
Illinois
$8.02K
HCM
864
Hollencrest Capital Management
California
$7.75K
ECM
865
Estabrook Capital Management
New York
$7.21K
BLC
866
Brown, Lisle/Cummings
Rhode Island
$7.12K
WB
867
Webster Bank
Connecticut
$6.95K
GCM
868
Gables Capital Management
Florida
$6.95K
MDA
869
Minot DeBlois Advisors
Massachusetts
$6.68K
ANBT
870
American National Bank & Trust
Texas
$6.41K
SC
871
SouthState Corp
Florida
$6.41K
FWM
872
FSA Wealth Management
Massachusetts
$6.41K
OA
873
Operose Advisors
Wisconsin
$6.41K
MCM
874
Manchester Capital Management
Vermont
$6.15K
AA
875
Ancora Advisors
Ohio
$6.15K