Telemark Asset Management’s ServiceNow NOW Stock Holding History

Telemark Asset 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
2025 Q1	–	Sell	-125,000	Closed	-$26.5M	–	56
2024 Q4	$26.5M	Sell	125,000 -75,000	-38%	-$15.2M	2.64%	10
2024 Q3	$35.8M	Buy	200,000 +75,000	+60%	+$12.3M	3.61%	7
2024 Q2	$19.7M	Hold	125,000	–	–	1.71%	16
2024 Q1	$19.1M	Hold	125,000	–	–	1.97%	17
2023 Q4	$17.7M	Hold	125,000	–	–	2.63%	12
2023 Q3	$14M	Hold	125,000	–	–	2.12%	16
2023 Q2	$14M	Buy	125,000 +75,000	+150%	+$7.5M	1.91%	20
2023 Q1	$4.65M	Buy	+50,000	New	+$4.35M	0.69%	38
2022 Q2	–	Sell	-100,000	Closed	-$11.1M	–	54
2022 Q1	$11.1M	Hold	100,000	–	–	0.98%	39
2021 Q4	$13M	Sell	100,000 -50,000	-33%	-$6.56M	0.93%	41
2021 Q3	$18.7M	Buy	+150,000	New	+$18.2M	1.35%	30
2021 Q2	–	Sell	-100,000	Closed	-$10M	–	76
2021 Q1	$10M	Sell	100,000 -25,000	-20%	-$2.64M	0.85%	49
2020 Q4	$13.8M	Hold	125,000	–	–	1.43%	29
2020 Q3	$12.1M	Sell	125,000 -50,000	-29%	-$4.47M	1.47%	24
2020 Q2	$14.2M	Buy	175,000 +125,000	+250%	+$8.83M	2.24%	13
2020 Q1	$2.87M	Buy	+50,000	New	+$3.13M	0.68%	38

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

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

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

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

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

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

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

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

UBS AM Chicago, Illinois $550B AUM 43.33% 1-Year Est. Return

Telemark Asset Management's NOW Position: Q1 2025 in Review

Telemark Asset Management sold out of ServiceNow (NOW) in Q1 2025, closing a stake of 125,000 shares — an estimated $26.5M sold.

Telemark Asset Management first reported a position in NOW in Q1 2020 and held it in 16 quarters. The position peaked at $35.8M in Q3 2024. 2,164 funds tracked by Wall St. Rank hold NOW as of Q1 2025.

Telemark Asset Management reported no remaining ServiceNow position as of Q1 2025 after selling out during the quarter.
Telemark Asset Management sold 125,000 ServiceNow shares in Q1 2025, an estimated $26.5M.
Telemark Asset Management first reported a position in ServiceNow in Q1 2020 and held it in 16 quarters.
Telemark Asset Management's ServiceNow position peaked at $35.8M in Q3 2024.
2,164 funds tracked by Wall St. Rank held ServiceNow as of Q1 2025.

Based on Telemark Asset Management's 13F filing for Q1 2025, filed 12 May 2025.