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839 hedge funds and large institutions have $14.9B invested in SAP in 2026 Q1 according to their latest regulatory filings, with 97 funds opening new positions, 339 increasing their positions, 291 reducing their positions, and 169 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more repeat investments, than reductions

Existing positions increased: 339 | Existing positions reduced: 291

1.71% more ownership

Funds ownership: 5.73%7.44% (+1.7%)

9% less funds holding

Funds holding: 927839 (-88)

13% less capital invested

Capital invested by funds: $17.1B → $14.9B (-$2.19B)

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: 97 | Existing positions closed: 169

50% less funds holding in top 10

Funds holding in top 10: 147 (-7)

Holders
839
Holders Change
-88
Holders Change %
-9.49%
% of All Funds
10.34%
Holding in Top 10
7
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-50%
% of All Funds
0.09%
New
97
Increased
339
Reduced
291
Closed
169
Calls
$296M
Puts
$410M
Net Calls
-$114M
Net Calls Change
-$160M
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
201
Northwestern Mutual Wealth Management
Wisconsin
$3.07M -$96.4K -467 -3%
PCG
202
Prosperity Consulting Group
Maryland
$3.06M -$167K -807 -4%
LIM
203
Longfellow Investment Management
Massachusetts
$3.05M +$3.68M +17,840 New
JAG
204
Journey Advisory Group
Kentucky
$3.03M +$3.32M +16,068 +977%
LI
205
Louisbourg Investments
New Brunswick, Canada
$3.03M +$1.9M +9,200 +108%
EWA
206
Exencial Wealth Advisors
Oklahoma
$2.95M +$987K +4,780 +38%
CG
207
Caprock Group
Idaho
$2.9M -$217K -1,051 -6%
Squarepoint
208
Squarepoint
New York
$2.86M +$2.35M +11,402 +214%
Commonwealth Equity Services
209
Commonwealth Equity Services
Massachusetts
$2.84M +$292K +1,416 +9%
JAM
210
JCIC Asset Management
Ontario, Canada
$2.8M +$188K +913 +6%
ECM
211
Evergreen Capital Management
Washington
$2.79M -$1.8M -8,737 -35%
MYIA
212
Mount Yale Investment Advisors
Colorado
$2.77M +$2.6M +12,598 +350%
BCI
213
Brinker Capital Investments
Pennsylvania
$2.77M -$3.08M -14,945 -48%
CL
214
Choreo LLC
Illinois
$2.75M -$338K -1,637 -9%
Lido Advisors
215
Lido Advisors
California
$2.72M -$1.48M -7,188 -31%
AllianceBernstein
216
AllianceBernstein
Tennessee
$2.69M -$1.94M -9,416 -46%
FMC
217
First Merchants Corp
Indiana
$2.65M +$814K +3,945 +34%
Select Equity Group
218
Select Equity Group
New York
$2.64M +$3.18M +15,393 New
New York State Common Retirement Fund
219
New York State Common Retirement Fund
New York
$2.63M +$636K +3,083 +25%
Capital Fund Management (CFM)
220
Capital Fund Management (CFM)
France
$2.58M +$3.11M +15,081 New
FA
221
Fiduciary Alliance
South Carolina
$2.58M +$1.42M +6,876 +85%
KeyBank National Association
222
KeyBank National Association
Ohio
$2.58M +$1.33M +6,427 +74%
AAM
223
Advisors Asset Management
Colorado
$2.58M +$162K +783 +5%
HHMI
224
Howard Hughes Medical Institute
Maryland
$2.55M +$3.07M +14,868 New
PFPG
225
Pinnacle Financial Partners (Georgia)
Georgia
$2.54M -$151K -732 -5%