912 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, 332 increasing their positions, 329 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
912
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
ESB
1001
Essex Savings Bank
Connecticut
DCM
1002
Decatur Capital Management
Georgia
GSC
1003
Ground Swell Capital
South Carolina
CWP
1004
Cyndeo Wealth Partners
Florida
EIP
1005
Ellis Investment Partners
Pennsylvania
NB
1006
Northwest Bancshares
Pennsylvania
SC
1007
Searle & Co
Connecticut
PFP
1008
Pinnacle Financial Partners
Tennessee
RBI
1009
Raiffeisen Bank International
Austria
CIAS
1010
CBIZ Investment Advisory Services
Ohio
SO
1011
Sierra Ocean
California
EFMH
1012
E Fund Management (HK)
Hong Kong
TPWA
1013
Twin Peaks Wealth Advisors
California
Bank Julius Baer & Co
1014
Bank Julius Baer & Co
Switzerland
RI
1015
Ridgewood Investments
New Jersey
PFG
1016
Putney Financial Group
California
NC
1017
NewSquare Capital
Pennsylvania
TSMHT
1018
Thurston Springer Miller Herd & Titak
Indiana
LIA
1019
Limestone Investment Advisors
New York
MPW
1020
MASECO Private Wealth
AWM
1021
Atticus Wealth Management
Florida
UOIF
1022
University of Illinois Foundation
Illinois
SS
1023
Sunbelt Securities
Texas
RAM
1024
Riggs Asset Management
Pennsylvania
KIM
1025
Kestra Investment Management
Texas