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
EIP
1001
Ellis Investment Partners
Pennsylvania
CWP
1002
Cyndeo Wealth Partners
Florida
NB
1003
Northwest Bancshares
Pennsylvania
SC
1004
Searle & Co
Connecticut
PFP
1005
Pinnacle Financial Partners
Tennessee
RBI
1006
Raiffeisen Bank International
Austria
CIAS
1007
CBIZ Investment Advisory Services
Ohio
SO
1008
Sierra Ocean
California
EFMH
1009
E Fund Management (HK)
Hong Kong
TPWA
1010
Twin Peaks Wealth Advisors
California
Bank Julius Baer & Co
1011
Bank Julius Baer & Co
Switzerland
RI
1012
Ridgewood Investments
New Jersey
PFG
1013
Putney Financial Group
California
NC
1014
NewSquare Capital
Pennsylvania
TSMHT
1015
Thurston Springer Miller Herd & Titak
Indiana
LIA
1016
Limestone Investment Advisors
New York
MPW
1017
MASECO Private Wealth
AWM
1018
Atticus Wealth Management
Florida
UOIF
1019
University of Illinois Foundation
Illinois
SS
1020
Sunbelt Securities
Texas
RAM
1021
Riggs Asset Management
Pennsylvania
KIM
1022
Kestra Investment Management
Texas
BCMLT
1023
Beacon Capital Management LLC (Tennessee)
Tennessee
TIM
1024
Total Investment Management
Arizona
RFG
1025
REAP Financial Group
Texas