ServiceNow
NOW
1,404 hedge funds and large institutions have $97.7B invested in ServiceNow in 2022 Q1 according to their latest regulatory filings, with 155 funds opening new positions, 587 increasing their positions, 494 reducing their positions, and 153 closing their positions.
19% more repeat investments, than reductions
Existing positions increased: 587 | Existing positions reduced: 494
8% more funds holding in top 10
Funds holding in top 10: 59 → 64 (+5)
1% more first-time investments, than exits
New positions opened: 155 | Existing positions closed: 153
1% less funds holding
Funds holding: 1,412 → 1,404 (-8)
1.23% less ownership
Funds ownership: 443.59% → 442.36% (-1.2%)
14% less capital invested
Capital invested by funds: $113B → $97.7B (-$15.6B)
21% less call options, than puts
Call options by funds: $1.76B | Put options by funds: $2.22B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
+$1.52B |
| 2 |
Fisher Asset Management
Camas,
Washington
|
+$290M |
| 3 |
Janus Henderson Group
London,
United Kingdom
|
+$277M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$276M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$212M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$838M |
| 2 |
CP
Castleview Partners
Dallas,
Texas
|
-$552M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$522M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$298M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$296M |
NOW Hedge Fund Activity: Q1 2022 in Review
1,404 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2022, worth a combined $97.7B — down 14% from $113B a quarter earlier.
Buyers outnumbered sellers: 155 funds opened new NOW positions and 153 closed out — a net gain of 2 holders — while 587 added to existing stakes and 494 trimmed.
The largest buyer was Edgewood Management, opening a new position worth an estimated $1.52B. The largest seller was Capital Research Global Investors, cutting an estimated $838M.
- 1,404 institutional investors held ServiceNow (NOW) as of Q1 2022, down from 1,412 in Q4 2021.
- Funds reported $97.7B of ServiceNow stock for Q1 2022, down 14% quarter-over-quarter.
- 155 funds opened new ServiceNow positions in Q1 2022 and 153 closed out, a net change of +2 holders.
- The largest ServiceNow buyer in Q1 2022 was Edgewood Management, an estimated $1.52B added.
- The largest ServiceNow seller in Q1 2022 was Capital Research Global Investors, an estimated $838M sold.
Based on aggregated 13F filings for Q1 2022.