836 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, 337 increasing their positions, 291 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
836
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
CIBC Asset Management
151
CIBC Asset Management
Ontario, Canada
$5.51M
FBB
152
Fulton Breakefield Broenniman
Maryland
$5.48M
Citigroup
153
Citigroup
New York
$5.38M
HAM
154
Harber Asset Management
North Carolina
$5.35M
M&T Bank
155
M&T Bank
New York
$5.29M
CK
156
Cohen Klingenstein
New York
$5.17M
LM
157
Lincluden Management
Ontario, Canada
$5.11M
CIBC World Market
158
CIBC World Market
Ontario, Canada
$5.07M
SA
159
Sanctuary Advisors
Indiana
$4.88M
MWM
160
Moran Wealth Management
Florida
$4.79M
Franklin Resources
161
Franklin Resources
California
$4.73M
CCMINC
162
Cardinal Capital Management Inc (North Carolina)
North Carolina
$4.67M
QCG
163
Quadrant Capital Group
Ohio
$4.66M
RhumbLine Advisers
164
RhumbLine Advisers
Massachusetts
$4.66M
Walleye Trading
165
Walleye Trading
New York
$4.65M
SC
166
Saturna Capital
Washington
$4.64M
Deutsche Bank
167
Deutsche Bank
Germany
$4.63M
BFG
168
Bleakley Financial Group
New Jersey
$4.57M
Corient Private Wealth
169
Corient Private Wealth
Florida
$4.56M
Rockefeller Capital Management
170
Rockefeller Capital Management
New York
$4.51M
LBC
171
Lowe Brockenbrough & Co
Virginia
$4.45M
Loomis, Sayles & Company
172
Loomis, Sayles & Company
Massachusetts
$4.43M
SCTC
173
Sanibel Captiva Trust Company
Florida
$4.22M
RWM
174
Ritholtz Wealth Management
New York
$4.19M
HBWM
175
Hollow Brook Wealth Management
New York
$4.17M