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
AWM
1026
Atticus Wealth Management
Florida
UOIF
1027
University of Illinois Foundation
Illinois
SS
1028
Sunbelt Securities
Texas
RAM
1029
Riggs Asset Management
Pennsylvania
KIM
1030
Kestra Investment Management
Texas
BCMLT
1031
Beacon Capital Management LLC (Tennessee)
Tennessee
TIM
1032
Total Investment Management
Arizona
HIMS
1033
Hager Investment Management Services
New Hampshire
RFG
1034
REAP Financial Group
Texas
TCM
1035
Traub Capital Management
Massachusetts
T
1036
Transce3nd
Texas
PSB
1037
Piscataqua Savings Bank
New Hampshire
MWM
1038
MorganRosel Wealth Management
Colorado
SC
1039
Stephens Consulting
Michigan
NRG
1040
Nemes Rush Group
Michigan
SC
1041
Swan Capital
Florida
ACM
1042
Accent Capital Management
Ohio
FC
1043
Family CFO
California
TC
1044
Trust Company
Kansas
IWM
1045
Inlight Wealth Management
Georgia
WTFG
1046
Wood Tarver Financial Group
Idaho
OP
1047
ORG Partners
Indiana
PAG
1048
Paladin Advisory Group
Iowa
EWM
1049
Evolution Wealth Management
Florida
RFS
1050
Richardson Financial Services
Massachusetts