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
176
$6.09M
177
$5.95M
178
$5.93M
179
$5.84M
180
$5.83M
181
$5.83M
182
$5.79M
183
$5.77M
184
$5.71M
185
$5.67M
186
$5.56M
187
$5.52M
188
$5.42M
189
$5.39M
190
$5.29M
191
$5.24M
192
$5.24M
193
$5.19M
194
$5.18M
195
$5.18M
196
$5.16M
197
$5.11M
198
$5.09M
199
$5.04M
200
$5.02M