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
RWM
151
Ritholtz Wealth Management
New York
$7.47M
Janney Montgomery Scott
152
Janney Montgomery Scott
Pennsylvania
$7.39M
PAS
153
Park Avenue Securities
New York
$7.38M
LM
154
Lincluden Management
Ontario, Canada
$7.33M
CCMINC
155
Cardinal Capital Management Inc (North Carolina)
North Carolina
$7.27M
BWM
156
Bulltick Wealth Management
Florida
$7.08M
NIA
157
NIA Impact Advisors
California
$6.87M
LNWWM
158
Laird Norton Wetherby Wealth Management
California
$6.66M
SF
159
Synovus Financial
Georgia
$6.65M
Twin Tree Management
160
Twin Tree Management
Texas
$6.64M
AllianceBernstein
161
AllianceBernstein
Tennessee
$6.51M
EAM
162
Eventide Asset Management
Massachusetts
$6.47M
CICI
163
Capital Investment Counsel Inc
North Carolina
$6.39M
EWM
164
Elite Wealth Management
Washington
$6.37M
EGA
165
Eagle Global Advisors
Texas
$6.36M
BCPEMI
166
Bain Capital Public Equity Management II
Massachusetts
$6.28M
KI
167
Keystone Investors
Singapore
$6.27M
NW
168
Naviter Wealth
Arkansas
$6.23M
CL
169
Choreo LLC
Illinois
$6.22M
MIP
170
Marietta Investment Partners
Wisconsin
$6.19M
BWFA
171
Baltimore-Washington Financial Advisors
Maryland
$6.18M
Capital Research Global Investors
172
Capital Research Global Investors
California
$6.12M
Capital World Investors
173
Capital World Investors
California
$6.11M
ET
174
Entropy Technologies
New York
$6.1M
Lido Advisors
175
Lido Advisors
California
$6.09M