909 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, 331 increasing their positions, 327 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
909
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
RWP
126
RWA Wealth Partners
Massachusetts
$10.2M
FGI
127
Foresight Global Investors
New York
$10.1M
CG
128
Carmignac Gestion
France
$10M
CIBC Asset Management
129
CIBC Asset Management
Ontario, Canada
$9.91M
GIM
130
Glenmede Investment Management
Pennsylvania
$9.76M
AQR Capital Management
131
AQR Capital Management
Connecticut
$9.66M
SBH
132
Segall Bryant & Hamill
Illinois
$9.65M
FBB
133
Fulton Breakefield Broenniman
Maryland
$9.48M
CIBC World Market
134
CIBC World Market
Ontario, Canada
$9.48M
OCM
135
One Capital Management
California
$9.47M
BCI
136
Brinker Capital Investments
Pennsylvania
$9.37M
William Blair & Company
137
William Blair & Company
Illinois
$9.19M
National Bank of Canada
138
National Bank of Canada
Quebec, Canada
$8.75M
Focus Partners Wealth
139
Focus Partners Wealth
Massachusetts
$8.71M
QCG
140
Quadrant Capital Group
Ohio
$8.69M
Loomis, Sayles & Company
141
Loomis, Sayles & Company
Massachusetts
$8.42M
NGA
142
Naples Global Advisors
Florida
$8.36M
P
143
&Partners
Tennessee
$8.24M
AI
144
Atria Investments
North Carolina
$8.1M
CK
145
Cohen Klingenstein
New York
$8.06M
AFWM
146
AMJ Financial Wealth Management
Virginia
$7.98M
Federated Hermes
147
Federated Hermes
Pennsylvania
$7.77M
Wealth Enhancement Advisory Services
148
Wealth Enhancement Advisory Services
Minnesota
$7.74M
SG Americas Securities
149
SG Americas Securities
New York
$7.74M
FDCDDQ
150
Federation des caisses Desjardins du Quebec
Quebec, Canada
$7.59M