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838 hedge funds and large institutions have $14.9B invested in SAP in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 339 increasing their positions, 291 reducing their positions, and 169 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: 169

50% less funds holding in top 10

Funds holding in top 10: 147 (-7)

Holders
838
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
MCM
76
Marsico Capital Management
Colorado
$21.5M
PC
77
Promethos Capital
Massachusetts
$21.3M
YIH
78
Y-Intercept (HK)
Hong Kong
$21M
Aberdeen Group
79
Aberdeen Group
United Kingdom
$20.4M
VA
80
Vident Advisory
Georgia
$20.3M
Bank of Montreal
81
Bank of Montreal
Ontario, Canada
$19.6M
ACM
82
Aquatic Capital Management
Illinois
$18.2M
CII
83
Capital International Inc
California
$17.9M
AQR Capital Management
84
AQR Capital Management
Connecticut
$17.5M
TIM
85
Thornburg Investment Management
New Mexico
$17.4M
OWP
86
Obermeyer Wealth Partners
Colorado
$17.4M
Grantham, Mayo, Van Otterloo & Co (GMO)
87
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$17.3M
US Bancorp
88
US Bancorp
Minnesota
$16.8M
UBS AM
89
UBS AM
Illinois
$16.7M
OSAM
90
O'Shaughnessy Asset Management
Connecticut
$15.7M
HighTower Advisors
91
HighTower Advisors
Illinois
$15.5M
CCMIC
92
Cardinal Capital Management Inc (Canada)
Manitoba, Canada
$15.4M
Susquehanna International Group
93
Susquehanna International Group
Pennsylvania
$15.4M
Barclays
94
Barclays
United Kingdom
$15.3M
DA
95
Dash Acquisitions
California
$14.5M
TCGDR
96
TB Capital Gestao de Recursos
$13.3M
CGH
97
Crossmark Global Holdings
Texas
$13.1M
KCM
98
Kornitzer Capital Management
Kansas
$12.8M
Russell Investments Group
99
Russell Investments Group
United Kingdom
$12.7M
AssetMark Inc
100
AssetMark Inc
California
$12.5M