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ServiceNow

1,264 hedge funds and large institutions have $86.5B invested in ServiceNow in 2021 Q1 according to their latest regulatory filings, with 137 funds opening new positions, 523 increasing their positions, 454 reducing their positions, and 126 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more repeat investments, than reductions

Existing positions increased: 523 | Existing positions reduced: 454

9% more first-time investments, than exits

New positions opened: 137 | Existing positions closed: 126

1% less funds holding

Funds holding: 1,2721,264 (-8)

3.4% less ownership

Funds ownership: 445.31%441.92% (-3.4%)

10% less capital invested

Capital invested by funds: $96.4B → $86.5B (-$9.94B)

28% less funds holding in top 10

Funds holding in top 10: 6144 (-17)

39% less call options, than puts

Call options by funds: $1.21B | Put options by funds: $2B

Holders
1,264
Holders Change
-8
Holders Change %
-0.63%
% of All Funds
22.19%
Holding in Top 10
44
Holding in Top 10 Change
-17
Holding in Top 10 Change %
-27.87%
% of All Funds
0.77%
New
137
Increased
523
Reduced
454
Closed
126
Calls
$1.21B
Puts
$2B
Net Calls
-$789M
Net Calls Change
+$367M
Name Holding Trade Value Shares
Change
Change in
Stake
JP Morgan Chase
26
JP Morgan Chase
New York
$667M -$90.5M -857,095 -11%
Wellington Management Group
27
Wellington Management Group
Massachusetts
$667M -$4.97M -47,115 -0.7%
Ameriprise
28
Ameriprise
Minnesota
$653M -$15.2M -143,975 -2%
Legal & General Group
29
Legal & General Group
United Kingdom
$578M -$4.18M -39,560 -0.7%
American Century Companies
30
American Century Companies
Missouri
$529M -$11.8M -112,165 -2%
Jennison Associates
31
Jennison Associates
New York
$521M -$297M -2,810,585 -35%
Winslow Capital Management
32
Winslow Capital Management
Minnesota
$473M +$70.5M +667,710 +16%
Viking Global Investors
33
Viking Global Investors
Connecticut
$451M +$71M +672,150 +18%
Charles Schwab
34
Charles Schwab
California
$441M -$16.2M -153,250 -3%
SM
35
SCGE Management
California
$417M
Neuberger Berman Group
36
Neuberger Berman Group
New York
$407M -$59.5M -563,925 -12%
Swiss National Bank
37
Swiss National Bank
Switzerland
$375M +$13.7M +129,500 +4%
Goldman Sachs
38
Goldman Sachs
New York
$375M -$99.2M -939,465 -20%
JSP
39
Jackson Square Partners
California
$367M -$306M -2,894,530 -44%
TG
40
TCW Group
California
$365M -$81.7M -773,825 -17%
Barclays
41
Barclays
United Kingdom
$363M +$81.9M +775,820 +27%
Sumitomo Mitsui Trust Group
42
Sumitomo Mitsui Trust Group
Japan
$358M +$386K +3,660 +0.1%
Allianz Asset Management
43
Allianz Asset Management
Germany
$348M -$68.1M -645,075 -16%
Royal Bank of Canada
44
Royal Bank of Canada
Ontario, Canada
$347M +$12.7M +120,265 +4%
1832 Asset Management
45
1832 Asset Management
Ontario, Canada
$339M -$196M -1,858,000 -35%
TD Asset Management
46
TD Asset Management
Ontario, Canada
$313M -$29.9M -283,485 -8%
Deutsche Bank
47
Deutsche Bank
Germany
$309M +$74.6M +706,880 +30%
PPA
48
Parametric Portfolio Associates
Washington
$298M -$5.66M -53,575 -2%
DZ Bank
49
DZ Bank
Germany
$292M +$8.93M +84,575 +3%
VAM
50
Vontobel Asset Management
New York
$283M +$287M +2,722,330 New

NOW Hedge Fund Activity: Q1 2021 in Review

1,264 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2021, worth a combined $86.5B — down 10% from $96.4B a quarter earlier.

Buyers outnumbered sellers: 137 funds opened new NOW positions and 126 closed out — a net gain of 11 holders — while 523 added to existing stakes and 454 trimmed.

The largest buyer was Vontobel Asset Management, opening a new position worth an estimated $287M. The largest seller was GQG Partners, exiting entirely with an estimated $881M sold.

  • 1,264 institutional investors held ServiceNow (NOW) as of Q1 2021, down from 1,272 in Q4 2020.
  • Funds reported $86.5B of ServiceNow stock for Q1 2021, down 10% quarter-over-quarter.
  • 137 funds opened new ServiceNow positions in Q1 2021 and 126 closed out, a net change of +11 holders.
  • The largest ServiceNow buyer in Q1 2021 was Vontobel Asset Management, an estimated $287M added.
  • The largest ServiceNow seller in Q1 2021 was GQG Partners, an estimated $881M sold.

Based on aggregated 13F filings for Q1 2021.