927 hedge funds and large institutions have $19.3B invested in SAP in 2025 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 338 increasing their positions, 334 reducing their positions, and 136 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

20% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 136

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
927
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
901
$4.54K
902
$4.09K
903
$4.01K
904
$4.01K
905
$3.74K
906
$3.74K
907
$3.47K
908
$3.47K
909
$3.21K
910
$3.21K
911
$3.21K
912
$3.21K
913
$3K
914
$2.94K
915
$2.67K
916
$2.67K
917
$2.67K
918
$2.16K
919
$2.14K
920
$1.87K
921
$1.12K
922
$1.07K
923
$802
924
$720
925
$578