917 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, 334 increasing their positions, 332 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: 109 | Existing positions closed: 135

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
917
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
VFA
976
Values First Advisors
Tennessee
JWM
977
JGP Wealth Management
Oregon
PMA
978
Prudent Man Advisors
Illinois
GFA
979
Gallagher Fiduciary Advisors
Illinois
FIA
980
Foundations Investment Advisors
Arizona
JTWM
981
Jackson Thornton Wealth Management
Alabama
IIA
982
IPG Investment Advisors
California
PA
983
PFG Advisors
Arizona
SCM
984
SCS Capital Management
Massachusetts
PIA
985
Perennial Investment Advisors
California
CW
986
Channel Wealth
California
GPW
987
Genesis Private Wealth
Virginia
G
988
GenTrust
Florida
BC
989
Brio Consultants
California
NP
990
Nilsine Partners
Colorado
MC
991
Moors & Cabot
Massachusetts
CPA
992
Capital Planning Advisors
California
KIA
993
KCM Investment Advisors
California
JIP
994
Jaffetilchin Investment Partners
Florida
SIA
995
Soltis Investment Advisors
Utah
CCA
996
Cottonwood Capital Advisors
Utah
MAS
997
Meeder Advisory Services
Ohio
HP
998
Haven Private
Florida
BB
999
Busey Bank
Illinois
NLP
1000
Next Level Private
New York