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
PCG
201
Prosperity Consulting Group
Maryland
$3.06M
LIM
202
Longfellow Investment Management
Massachusetts
$3.05M
JAG
203
Journey Advisory Group
Kentucky
$3.03M
LI
204
Louisbourg Investments
New Brunswick, Canada
$3.03M
EWA
205
Exencial Wealth Advisors
Oklahoma
$2.95M
CG
206
Caprock Group
Idaho
$2.9M
Squarepoint
207
Squarepoint
New York
$2.86M
Commonwealth Equity Services
208
Commonwealth Equity Services
Massachusetts
$2.84M
JAM
209
JCIC Asset Management
Ontario, Canada
$2.8M
ECM
210
Evergreen Capital Management
Washington
$2.79M
MYIA
211
Mount Yale Investment Advisors
Colorado
$2.77M
BCI
212
Brinker Capital Investments
Pennsylvania
$2.77M
CL
213
Choreo LLC
Illinois
$2.75M
Lido Advisors
214
Lido Advisors
California
$2.72M
AllianceBernstein
215
AllianceBernstein
Tennessee
$2.69M
FMC
216
First Merchants Corp
Indiana
$2.65M
Select Equity Group
217
Select Equity Group
New York
$2.64M
New York State Common Retirement Fund
218
New York State Common Retirement Fund
New York
$2.63M
Capital Fund Management (CFM)
219
Capital Fund Management (CFM)
France
$2.58M
FA
220
Fiduciary Alliance
South Carolina
$2.58M
KeyBank National Association
221
KeyBank National Association
Ohio
$2.58M
AAM
222
Advisors Asset Management
Colorado
$2.58M
HHMI
223
Howard Hughes Medical Institute
Maryland
$2.55M
PFPG
224
Pinnacle Financial Partners (Georgia)
Georgia
$2.54M
VWM
225
Venturi Wealth Management
Texas
$2.52M