ServiceNow
NOW
850 hedge funds and large institutions have $52.2B invested in ServiceNow in 2019 Q4 according to their latest regulatory filings, with 187 funds opening new positions, 318 increasing their positions, 244 reducing their positions, and 103 closing their positions.
82% more first-time investments, than exits
New positions opened: 187 | Existing positions closed: 103
30% more repeat investments, than reductions
Existing positions increased: 318 | Existing positions reduced: 244
26.62% more ownership
Funds ownership: 463.29% → 489.91% (+27%)
23% more funds holding in top 10
Funds holding in top 10: 40 → 49 (+9)
18% more capital invested
Capital invested by funds: $44.1B → $52.2B (+$8.08B)
14% more call options, than puts
Call options by funds: $1.89B | Put options by funds: $1.66B
9% more funds holding
Funds holding: 779 → 850 (+71)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$1.25B |
| 2 |
State Street
Boston,
Massachusetts
|
+$945M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$937M |
| 4 |
BlackRock
New York
|
+$829M |
| 5 |
Polen Capital Management
Boca Raton,
Florida
|
+$511M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$701M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$636M |
| 3 |
JP Morgan Chase
New York
|
-$333M |
| 4 |
Jennison Associates
New York
|
-$233M |
| 5 |
MCM
Melvin Capital Management
New York
|
-$231M |
NOW Hedge Fund Activity: Q4 2019 in Review
850 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2019, worth a combined $52.2B — up 18% from $44.1B a quarter earlier.
Buyers outnumbered sellers: 187 funds opened new NOW positions and 103 closed out — a net gain of 84 holders — while 318 added to existing stakes and 244 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $1.25B. The largest seller was Capital Research Global Investors, cutting an estimated $701M.
- 850 institutional investors held ServiceNow (NOW) as of Q4 2019, up from 779 in Q3 2019.
- Funds reported $52.2B of ServiceNow stock for Q4 2019, up 18% quarter-over-quarter.
- 187 funds opened new ServiceNow positions in Q4 2019 and 103 closed out, a net change of +84 holders.
- The largest ServiceNow buyer in Q4 2019 was T. Rowe Price Associates, an estimated $1.25B added.
- The largest ServiceNow seller in Q4 2019 was Capital Research Global Investors, an estimated $701M sold.
Based on aggregated 13F filings for Q4 2019.