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
Corient Private Wealth
126
Corient Private Wealth
Florida
$12.1M +$873K +3,045 +8%
HFS
127
Hantz Financial Services
Michigan
$11.7M +$400K +1,395 +4%
CI
128
Cambiar Investors
Colorado
$11.7M -$6.92M -24,155 -39%
AFWM
129
AMJ Financial Wealth Management
Virginia
$11.7M -$1.28M -4,458 -10%
SAM
130
Silvercrest Asset Management
New York
$11.4M +$14.6K +51 +0.1%
CIBC Asset Management
131
CIBC Asset Management
Ontario, Canada
$11.3M +$1.14M +3,974 +11%
RWP
132
RWA Wealth Partners
Massachusetts
$11.2M -$27.8K -97 -0.3%
Invesco
133
Invesco
Georgia
$11M -$29.2M -101,783 -74%
Grantham, Mayo, Van Otterloo & Co (GMO)
134
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$11M +$3.65M +12,722 +54%
QCG
135
Quadrant Capital Group
Ohio
$10.6M -$83.7K -292 -0.8%
OCM
136
One Capital Management
California
$10.5M -$513K -1,789 -5%
Connor, Clark & Lunn Investment Management (CC&L)
137
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$10.4M +$3.62M +12,637 +59%
Northwestern Mutual Wealth Management
138
Northwestern Mutual Wealth Management
Wisconsin
$10.3M +$5.96M +20,803 +158%
SA
139
Sanctuary Advisors
Indiana
$10.3M -$858K -2,995 -8%
Cetera Investment Advisers
140
Cetera Investment Advisers
Illinois
$10.1M -$80.8K -282 -0.8%
AQR Capital Management
141
AQR Capital Management
Connecticut
$10M +$4.8M +16,738 +103%
NGA
142
Naples Global Advisors
Florida
$9.51M -$289K -1,007 -3%
PMAM
143
Picton Mahoney Asset Management
Ontario, Canada
$9.47M -$1.01M -3,519 -10%
CK
144
Cohen Klingenstein
New York
$9.18M
P
145
&Partners
Tennessee
$8.96M +$1.84M +6,418 +28%
AI
146
Atria Investments
North Carolina
$8.93M -$411K -1,434 -5%
Janney Montgomery Scott
147
Janney Montgomery Scott
Pennsylvania
$8.61M +$250K +873 +3%
RWM
148
Ritholtz Wealth Management
New York
$8.52M -$25.5K -89 -0.3%
CCMINC
149
Cardinal Capital Management Inc (North Carolina)
North Carolina
$8.28M -$22.1K -77 -0.3%
CCM
150
Cox Capital Management
Massachusetts
$8.2M -$190K -663 -2%

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.