ServiceNow
553 hedge funds and large institutions have $29.5B invested in ServiceNow in 2018 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 211 increasing their positions, 181 reducing their positions, and 51 closing their positions.
80% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 51
17% more repeat investments, than reductions
Existing positions increased: 211 | Existing positions reduced: 181
13% more call options, than puts
Call options by funds: $308M | Put options by funds: $273M
8% more funds holding
Funds holding: 513 → 553 (+40)
3% more capital invested
Capital invested by funds: $28.6B → $29.5B (+$848M)
10.62% less ownership
Funds ownership: 495.44% → 484.82% (-11%)
30% less funds holding in top 10
Funds holding in top 10: 27 → 19 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$242M |
| 2 |
Tiger Global Management
New York
|
+$202M |
| 3 |
Coatue Management
New York
|
+$196M |
| 4 |
TCIM
TIAA CREF Investment Management
New York
|
+$156M |
| 5 |
BlackRock
New York
|
+$109M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$362M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$293M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$176M |
| 4 |
Renaissance Technologies
New York
|
-$155M |
| 5 |
FAM
Fred Alger Management
New York
|
-$123M |
NOW Hedge Fund Activity: Q2 2018 in Review
553 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2018, worth a combined $29.5B — up 3% from $28.6B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new NOW positions and 51 closed out — a net gain of 41 holders — while 211 added to existing stakes and 181 trimmed.
The largest buyer was Capital World Investors, adding an estimated $242M. The largest seller was Wellington Management Group, cutting an estimated $362M.
- 553 institutional investors held ServiceNow (NOW) as of Q2 2018, up from 513 in Q1 2018.
- Funds reported $29.5B of ServiceNow stock for Q2 2018, up 3% quarter-over-quarter.
- 92 funds opened new ServiceNow positions in Q2 2018 and 51 closed out, a net change of +41 holders.
- The largest ServiceNow buyer in Q2 2018 was Capital World Investors, an estimated $242M added.
- The largest ServiceNow seller in Q2 2018 was Wellington Management Group, an estimated $362M sold.
Based on aggregated 13F filings for Q2 2018.