ServiceNow
1,066 hedge funds and large institutions have $71.2B invested in ServiceNow in 2020 Q2 according to their latest regulatory filings, with 199 funds opening new positions, 469 increasing their positions, 300 reducing their positions, and 69 closing their positions.
188% more first-time investments, than exits
New positions opened: 199 | Existing positions closed: 69
56% more repeat investments, than reductions
Existing positions increased: 469 | Existing positions reduced: 300
39% more capital invested
Capital invested by funds: $51.2B → $71.2B (+$20.1B)
13% more funds holding
Funds holding: 943 → 1,066 (+123)
5% more funds holding in top 10
Funds holding in top 10: 55 → 58 (+3)
10.04% less ownership
Funds ownership: 470.47% → 460.43% (-10%)
25% less call options, than puts
Call options by funds: $1.46B | Put options by funds: $1.96B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$244M |
| 2 |
Alkeon Capital Management
New York
|
+$212M |
| 3 |
Swedbank
Stockholm,
Sweden
|
+$180M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$148M |
| 5 |
WCM Investment Management
Laguna Beach,
California
|
+$133M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$874M |
| 2 |
Capital World Investors
Los Angeles,
California
|
-$343M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$228M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$227M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$192M |
NOW Hedge Fund Activity: Q2 2020 in Review
1,066 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2020, worth a combined $71.2B — up 39% from $51.2B a quarter earlier.
Buyers outnumbered sellers: 199 funds opened new NOW positions and 69 closed out — a net gain of 130 holders — while 469 added to existing stakes and 300 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $244M. The largest seller was Morgan Stanley, cutting an estimated $874M.
- 1,066 institutional investors held ServiceNow (NOW) as of Q2 2020, up from 943 in Q1 2020.
- Funds reported $71.2B of ServiceNow stock for Q2 2020, up 39% quarter-over-quarter.
- 199 funds opened new ServiceNow positions in Q2 2020 and 69 closed out, a net change of +130 holders.
- The largest ServiceNow buyer in Q2 2020 was Capital Research Global Investors, an estimated $244M added.
- The largest ServiceNow seller in Q2 2020 was Morgan Stanley, an estimated $874M sold.
Based on aggregated 13F filings for Q2 2020.