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886 hedge funds and large institutions have $19.7B invested in SAP in 2025 Q1 according to their latest regulatory filings, with 125 funds opening new positions, 289 increasing their positions, 343 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more first-time investments, than exits

New positions opened: 125 | Existing positions closed: 77

25% more funds holding in top 10

Funds holding in top 10: 1215 (+3)

12% more capital invested

Capital invested by funds: $17.6B → $19.7B (+$2.07B)

4% more funds holding

Funds holding: 856886 (+30)

0.21% more ownership

Funds ownership: 5.74%5.95% (+0.21%)

16% less repeat investments, than reductions

Existing positions increased: 289 | Existing positions reduced: 343

31% less call options, than puts

Call options by funds: $242M | Put options by funds: $349M

Holders
886
Holders Change
+30
Holders Change %
+3.5%
% of All Funds
11.88%
Holding in Top 10
15
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+25%
% of All Funds
0.2%
New
125
Increased
289
Reduced
343
Closed
77
Calls
$242M
Puts
$349M
Net Calls
-$107M
Net Calls Change
-$34.3M
Name Holding Trade Value Shares
Change
Change in
Stake
VPIM
101
Vanguard Personalized Indexing Management
California
$13.9M +$1.68M +6,183 +14%
BCPEMI
102
Bain Capital Public Equity Management II
Massachusetts
$13.9M +$14.1M +51,666 New
Twin Tree Management
103
Twin Tree Management
Texas
$13.9M +$12M +44,196 +594%
M&T Bank
104
M&T Bank
New York
$13.8M -$642K -2,356 -4%
UC
105
Unio Capital
New Jersey
$13.5M -$596K -2,187 -4%
OAM
106
Oppenheimer Asset Management
New York
$13.4M -$3.67M -13,458 -21%
Mariner
107
Mariner
Kansas
$13.3M +$1.17M +4,311 +10%
KCM
108
Kodai Capital Management
Illinois
$13.2M +$1.57M +5,765 +13%
GP
109
Guardian Partners
Canada
$13.2M -$583K -2,142 -4%
CAPTRUST Financial Advisors
110
CAPTRUST Financial Advisors
North Carolina
$12.3M +$3.91M +14,349 +46%
Franklin Resources
111
Franklin Resources
California
$12M -$1.17M -4,282 -9%
AFWM
112
AMJ Financial Wealth Management
Virginia
$11.5M +$270K +992 +2%
SBH
113
Segall Bryant & Hamill
Illinois
$11.5M +$236K +868 +2%
GT
114
Glenmede Trust
Pennsylvania
$11.2M -$2.14M -7,873 -16%
BCI
115
Brinker Capital Investments
Pennsylvania
$10.9M -$1.03M -3,777 -9%
OPS
116
Orion Portfolio Solutions
Nebraska
$10.9M -$1.03M -3,777 -9%
VPI
117
Value Partners Investments
Manitoba, Canada
$10.6M +$9.08M +33,326 +537%
Qube Research & Technologies (QRT)
118
Qube Research & Technologies (QRT)
United Kingdom
$10.4M +$6.43M +23,616 +155%
SAM
119
Silvercrest Asset Management
New York
$10M +$37.9K +139 +0.4%
HFS
120
Hantz Financial Services
Michigan
$9.99M -$12.1M -44,285 -54%
RWP
121
RWA Wealth Partners
Massachusetts
$9.9M -$301K -1,104 -3%
SA
122
Sanctuary Advisors
Indiana
$9.89M -$4.34M -15,951 -30%
Corient Private Wealth
123
Corient Private Wealth
Florida
$9.84M -$418K -1,533 -4%
OCM
124
One Capital Management
California
$9.76M -$1.01M -3,693 -9%
CIBC Asset Management
125
CIBC Asset Management
Ontario, Canada
$9.65M -$3.05M -11,194 -24%