833 hedge funds and large institutions have $14.8B invested in SAP in 2026 Q1 according to their latest regulatory filings, with 96 funds opening new positions, 335 increasing their positions, 290 reducing their positions, and 168 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: $ → $

28% less call options, than puts

Call options by funds: $296M | Put options by funds: $410M

43% less first-time investments, than exits

New positions opened: 96 | Existing positions closed: 168

50% less funds holding in top 10

Funds holding in top 10: 147 (-7)

Holders
833
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$296M
Puts
$410M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EI
101
Ethic Inc
New York
$12.2M
Wellington Management Group
102
Wellington Management Group
Massachusetts
$11.7M
FC
103
FORA Capital
Florida
$11.4M
Polen Capital Management
104
Polen Capital Management
Florida
$11.4M
VPI
105
Value Partners Investments
Manitoba, Canada
$11M
Janney Montgomery Scott
106
Janney Montgomery Scott
Pennsylvania
$10.6M
QCM
107
QRG Capital Management
Illinois
$10.5M
NAM
108
NorthCrest Asset Manangement
Minnesota
$10.4M
Dimensional Fund Advisors
109
Dimensional Fund Advisors
Texas
$10.3M
Hudson Bay Capital Management
110
Hudson Bay Capital Management
Connecticut
$10.3M
CI
111
Cambiar Investors
Colorado
$10M
ET
112
Equitable Trust
Tennessee
$9.94M
AAM
113
Alphadyne Asset Management
New York
$9.9M
Cetera Investment Advisers
114
Cetera Investment Advisers
Illinois
$9.88M
SG Americas Securities
115
SG Americas Securities
New York
$9.81M
Allspring Global Investments
116
Allspring Global Investments
North Carolina
$9.63M
Mercer Global Advisors
117
Mercer Global Advisors
Colorado
$9.59M
VAS
118
Vestmark Advisory Solutions
Massachusetts
$9.12M
OAM
119
Oppenheimer Asset Management
New York
$8.9M
BCAM
120
Boston Common Asset Management
Massachusetts
$8.74M
Invesco
121
Invesco
Georgia
$8.7M
FGI
122
Foresight Global Investors
New York
$8.7M
Mariner
123
Mariner
Kansas
$8.68M
GP
124
Guardian Partners
Canada
$8.63M
BIG
125
Brooklyn Investment Group
New York
$8.59M