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969 hedge funds and large institutions have $21.9B invested in SAP in 2025 Q2 according to their latest regulatory filings, with 164 funds opening new positions, 338 increasing their positions, 336 reducing their positions, and 68 closing their positions.

New
Increased
Maintained
Reduced
Closed

141% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 68

11% more capital invested

Capital invested by funds: $19.6B → $21.9B (+$2.25B)

9% more funds holding

Funds holding: 888969 (+81)

1% more repeat investments, than reductions

Existing positions increased: 338 | Existing positions reduced: 336

0% more funds holding in top 10

Funds holding in top 10: 1515 (0)

0.09% less ownership

Funds ownership: 5.95%5.86% (-0.09%)

3% less call options, than puts

Call options by funds: $325M | Put options by funds: $334M

Holders
969
Holders Change
+81
Holders Change %
+9.12%
% of All Funds
12.73%
Holding in Top 10
15
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
164
Increased
338
Reduced
336
Closed
68
Calls
$325M
Puts
$334M
Net Calls
-$9.25M
Net Calls Change
+$98.2M

SAP Hedge Fund Activity: Q2 2025 in Review

969 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in SAP (SAP) for Q2 2025, worth a combined $21.9B — up 11% from $19.6B a quarter earlier.

Buyers outnumbered sellers: 164 funds opened new SAP positions and 68 closed out — a net gain of 96 holders — while 338 added to existing stakes and 336 trimmed.

The largest buyer was Fisher Asset Management, adding an estimated $333M. The largest seller was Capital International Investors, cutting an estimated $926M.

  • 969 institutional investors held SAP (SAP) as of Q2 2025, up from 888 in Q1 2025.
  • Funds reported $21.9B of SAP stock for Q2 2025, up 11% quarter-over-quarter.
  • 164 funds opened new SAP positions in Q2 2025 and 68 closed out, a net change of +96 holders.
  • The largest SAP buyer in Q2 2025 was Fisher Asset Management, an estimated $333M added.
  • The largest SAP seller in Q2 2025 was Capital International Investors, an estimated $926M sold.

Based on aggregated 13F filings for Q2 2025.