We are live on ! Find out more

968 hedge funds and large institutions have $21.9B invested in SAP in 2025 Q2 according to their latest regulatory filings, with 164 funds opening new positions, 337 increasing their positions, 335 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

145% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 67

11% more capital invested

Capital invested by funds: $19.7B → $21.9B (+$2.17B)

9% more funds holding

Funds holding: 886968 (+82)

1% more repeat investments, than reductions

Existing positions increased: 337 | Existing positions reduced: 335

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

0.09% less ownership

Funds ownership: 5.95%5.85% (-0.09%)

3% less call options, than puts

Call options by funds: $325M | Put options by funds: $334M

Holders
968
Holders Change
+82
Holders Change %
+9.26%
% of All Funds
12.75%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
164
Increased
337
Reduced
335
Closed
67
Calls
$325M
Puts
$334M
Net Calls
-$9.25M
Net Calls Change
+$98.2M
Name Holding Trade Value Shares
Change
Change in
Stake
AT
101
AMF Tjänstepension
Sweden
$16.1M +$15.1M +52,837 New
Truist Financial
102
Truist Financial
North Carolina
$15.8M -$1.91M -6,662 -11%
1832 Asset Management
103
1832 Asset Management
Ontario, Canada
$15.7M -$45.7M -159,387 -76%
National Bank of Canada
104
National Bank of Canada
Quebec, Canada
$15.6M -$1.27M -4,432 -8%
Mariner
105
Mariner
Kansas
$15.5M +$366K +1,276 +3%
BCAM
106
Boston Common Asset Management
Massachusetts
$15.3M -$1.04M -3,634 -7%
M&T Bank
107
M&T Bank
New York
$15.3M -$320K -1,115 -2%
CAPTRUST Financial Advisors
108
CAPTRUST Financial Advisors
North Carolina
$15.1M +$1.12M +3,920 +9%
GP
109
Guardian Partners
Canada
$14.7M -$412K -1,438 -3%
CII
110
Capital International Inc
California
$14.5M -$6.52M -22,742 -32%
FDCDDQ
111
Federation des caisses Desjardins du Quebec
Quebec, Canada
$14.3M +$5.21M +18,190 +63%
DSA
112
Davis Selected Advisers
Arizona
$14.2M -$8.41M -29,357 -39%
OAM
113
Oppenheimer Asset Management
New York
$14.1M -$1.06M -3,715 -7%
FGI
114
Foresight Global Investors
New York
$14.1M -$7.73M -26,985 -37%
Hudson Bay Capital Management
115
Hudson Bay Capital Management
Connecticut
$13.5M +$12.7M +44,247 New
Franklin Resources
116
Franklin Resources
California
$13.5M -$105K -366 -0.8%
SPC
117
Stony Point Capital
New York
$13M +$5.97M +20,830 +96%
GIM
118
Glenmede Investment Management
Pennsylvania
$12.8M +$12.1M +42,217 New
Optiver Holding
119
Optiver Holding
Netherlands
$12.8M +$12M +41,999 New
CWP
120
Capital Wealth Planning
Florida
$12.7M +$3.92M +13,664 +48%
AA
121
ABC Arbitrage
France
$12.6M +$11.9M +41,448 New
Federated Hermes
122
Federated Hermes
Pennsylvania
$12.5M -$3.17M -11,057 -21%
BCI
123
Brinker Capital Investments
Pennsylvania
$12.5M +$129K +449 +1%
DWM
124
Dakota Wealth Management
Florida
$12.2M +$10.6M +37,077 +1,201%
VPI
125
Value Partners Investments
Manitoba, Canada
$12.2M +$160K +560 +1%

SAP Hedge Fund Activity: Q2 2025 in Review

968 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2025, worth a combined $21.9B — up 11% from $19.7B a quarter earlier.

Buyers outnumbered sellers: 164 funds opened new SAP positions and 67 closed out — a net gain of 97 holders — while 337 added to existing stakes and 335 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $333M. The largest seller was Capital International Investors, cutting an estimated $926M.

  • 968 institutional investors held SAP (SAP) as of Q2 2025, up from 886 in Q1 2025.
  • Funds reported $21.9B of SAP stock for Q2 2025, up 11% quarter-over-quarter.
  • 164 funds opened new SAP positions in Q2 2025 and 67 closed out, a net change of +97 holders.
  • The largest SAP buyer in Q2 2025 was Fisher Asset Management, an estimated $333M added.
  • The largest SAP seller in Q2 2025 was Capital International Investors, an estimated $926M sold.

Based on aggregated 13F filings for Q2 2025.