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
AG
901
AlTi Global
New York
VOYA Investment Management
902
VOYA Investment Management
Georgia
BCM
903
Bayesian Capital Management
New York
VFA
904
Values First Advisors
Tennessee
APM
905
a16z Perennial Management
California
IWA
906
Icon Wealth Advisors
Texas
MIM
907
Merrion Investment Management
New Jersey
GGA
908
Granite Group Advisors
Connecticut
MIP
909
Marietta Investment Partners
Wisconsin
WA
910
Wealthstar Advisors
Texas
CAMG
911
CWA Asset Management Group
Florida
BBP
912
Banco BTG Pactual
Brazil
AWM
913
Athena Wealth Management
Nevada
LCWP
914
Legacy Capital Wealth Partners
Arkansas
BTWM
915
Baker Tilly Wealth Management
Wisconsin
AWA
916
Arete Wealth Advisors
Illinois
FCBT
917
First Citizens Bank & Trust
North Carolina
AWM
918
Axxcess Wealth Management
California
AL
919
ARWA LLC
Texas
JWCA
920
J.W. Cole Advisors
Florida
TIAA Trust, National Association
921
TIAA Trust, National Association
North Carolina
Empower Advisory Group
922
Empower Advisory Group
Colorado
CCMG
923
Clark Capital Management Group
Pennsylvania
SF
924
Summit Financial
New Jersey
1WA
925
180 Wealth Advisors
Washington