927 hedge funds and large institutions have $19.3B invested in SAP in 2025 Q3 according to their latest regulatory filings, with 109 funds opening new positions, 338 increasing their positions, 334 reducing their positions, and 136 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

20% less first-time investments, than exits

New positions opened: 109 | Existing positions closed: 136

27% less funds holding in top 10

Funds holding in top 10: 1511 (-4)

Holders
927
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
151
$7.59M
152
$7.47M
153
$7.39M
154
$7.38M
155
$7.33M
156
$7.27M
157
$7.08M
158
$6.87M
159
$6.66M
160
$6.65M
161
$6.64M
162
$6.51M
163
$6.47M
164
$6.39M
165
$6.37M
166
$6.36M
167
$6.28M
168
$6.27M
169
$6.23M
170
$6.22M
171
$6.19M
172
$6.18M
173
$6.12M
174
$6.11M
175
$6.1M