Melvin Capital Management’s ServiceNow NOW Stock Holding History

Melvin Capital Management’s Portfolio NOW Stock Details NOW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2022 Q2	–	Sell	-2,188,405	Closed	-$244M	–	32
2022 Q1	$244M	Sell	2,188,405 -736,595	-25%	-$82.5M	2.47%	18
2021 Q4	$380M	Buy	2,925,000 +550,000	+23%	+$72.2M	1.85%	20
2021 Q3	$296M	Buy	2,375,000 +1,500,000	+171%	+$182M	1.5%	28
2021 Q2	$96.2M	Sell	875,000 -625,000	-42%	-$63.4M	0.55%	63
2021 Q1	$150M	Sell	1,500,000 -1,760,975	-54%	-$186M	0.86%	44
2020 Q4	$359M	Sell	3,260,975 -3,626,735	-53%	-$377M	1.51%	20
2020 Q3	$668M	Buy	6,887,710 +2,681,085	+64%	+$239M	3.33%	6
2020 Q2	$341M	Sell	4,206,625 -191,050	-4%	-$13.5M	2.01%	19
2020 Q1	$252M	Sell	4,397,675 -1,639,020	-27%	-$102M	2.01%	20
2019 Q4	$341M	Sell	6,036,695 -4,391,635	-42%	-$231M	2.8%	9
2019 Q3	$529M	Buy	10,428,330 +3,574,945	+52%	+$194M	4.29%	4
2019 Q2	$376M	Sell	6,853,385 -404,665	-6%	-$21.3M	3.85%	6
2019 Q1	$358M	Buy	7,258,050 +4,133,050	+132%	+$182M	4.19%	4
2018 Q4	$111M	Buy	3,125,000 +2,500,000	+400%	+$88.7M	1.51%	21
2018 Q3	$24.5M	Sell	625,000 -625,000	-50%	-$23.6M	0.26%	67
2018 Q2	$43.1M	Buy	1,250,000 +250,000	+25%	+$8.66M	0.39%	57
2018 Q1	$33.1M	Sell	1,000,000 -1,750,000	-64%	-$54M	0.32%	64
2017 Q4	$71.7M	Buy	+2,750,000	New	+$68.4M	0.68%	39

Other funds holding NOW

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

Edgewood Management Greenwich, Connecticut $9.69B AUM 6.52% 1-Year Est. Return

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Franklin Resources San Mateo, California $462B AUM 39.16% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Melvin Capital Management's NOW Position: Q2 2022 in Review

Melvin Capital Management sold out of ServiceNow (NOW) in Q2 2022, closing a stake of 2,188,405 shares — an estimated $244M sold.

Melvin Capital Management first reported a position in NOW in Q4 2017 and held it in 18 quarters. The position peaked at $668M in Q3 2020. 1,376 funds tracked by Wall St. Rank hold NOW as of Q2 2022.

Melvin Capital Management reported no remaining ServiceNow position as of Q2 2022 after selling out during the quarter.
Melvin Capital Management sold 2,188,405 ServiceNow shares in Q2 2022, an estimated $244M.
Melvin Capital Management first reported a position in ServiceNow in Q4 2017 and held it in 18 quarters.
Melvin Capital Management's ServiceNow position peaked at $668M in Q3 2020.
1,376 funds tracked by Wall St. Rank held ServiceNow as of Q2 2022.

Based on Melvin Capital Management's 13F filing for Q2 2022.