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
VPIM
126
Vanguard Personalized Indexing Management
California
$8.38M
Jennison Associates
127
Jennison Associates
New York
$8.27M
Focus Partners Wealth
128
Focus Partners Wealth
Massachusetts
$8.19M
ET
129
Entropy Technologies
New York
$8.16M
RPA
130
Rock Point Advisors
Vermont
$8.07M
FDCDDQ
131
Federation des caisses Desjardins du Quebec
Quebec, Canada
$8.05M
TWC
132
TD Waterhouse Canada
Ontario, Canada
$8.02M
Truist Financial
133
Truist Financial
North Carolina
$7.84M
CFO
134
Callan Family Office
Pennsylvania
$7.61M
BWM
135
Bulltick Wealth Management
Florida
$7.53M
RWP
136
RWA Wealth Partners
Massachusetts
$7.44M
OCM
137
One Capital Management
California
$7.18M
PEAK6
138
PEAK6
Illinois
$7.17M
HJIM
139
Henry James International Management
New York
$7.13M
P
140
&Partners
Tennessee
$6.87M
HFS
141
Hantz Financial Services
Michigan
$6.75M
MML Investors Services
142
MML Investors Services
Massachusetts
$6.4M
NGA
143
Naples Global Advisors
Florida
$6.26M
RAM
144
Ramirez Asset Management
New York
$6.1M
LNWTC
145
Laird Norton Wetherby Trust Company
Washington
$6.07M
CAPTRUST Financial Advisors
146
CAPTRUST Financial Advisors
North Carolina
$5.91M
National Bank of Canada
147
National Bank of Canada
Quebec, Canada
$5.87M
DIM
148
Delta Investment Management
California
$5.67M
VT
149
Vise Technologies
New York
$5.63M
CIBC Asset Management
150
CIBC Asset Management
Ontario, Canada
$5.51M