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
PP
901
Pacifica Partners
Canada
$2.16K
AWM
902
Abound Wealth Management
Tennessee
$2.14K
BMC
903
Bear Mountain Capital
Washington
$1.12K
TIM
904
Tortoise Investment Management
New York
$1.07K
CYG
905
Clean Yield Group
Vermont
$802
CPG
906
Cornerstone Planning Group
New Jersey
$720
CJ
907
Caitlin John
Michigan
$578
IW
908
Imprint Wealth
South Carolina
$534
WBC
909
West Branch Capital
Massachusetts
$276
OCM
910
Oribel Capital Management
New York
TA
911
Trivest Advisors
Hong Kong
MSR
912
Main Street Research
Connecticut
BFM
913
Boothbay Fund Management
New York
Hudson Bay Capital Management
914
Hudson Bay Capital Management
Connecticut
DWM
915
Dakota Wealth Management
Florida
PMAM
916
Picton Mahoney Asset Management
Ontario, Canada
SC
917
SummitTX Capital
Texas
MCM
918
Maytus Capital Management
New York
JSC
919
Jackson Square Capital
California
CIC
920
Chase Investment Counsel
Virginia
RFWA
921
RPg Family Wealth Advisory
Massachusetts
GCM
922
Goldstream Capital Management
Hong Kong
WT
923
Whittier Trust
California
HCS
924
Himension Capital (Singapore)
Singapore
EGM
925
Engineers Gate Manager
New York