ServiceNow
NOW
943 hedge funds and large institutions have $51.2B invested in ServiceNow in 2020 Q1 according to their latest regulatory filings, with 176 funds opening new positions, 383 increasing their positions, 301 reducing their positions, and 72 closing their positions.
144% more first-time investments, than exits
New positions opened: 176 | Existing positions closed: 72
27% more repeat investments, than reductions
Existing positions increased: 383 | Existing positions reduced: 301
12% more funds holding in top 10
Funds holding in top 10: 49 → 55 (+6)
11% more funds holding
Funds holding: 850 → 943 (+93)
2% less capital invested
Capital invested by funds: $52.2B → $51.2B (-$996M)
19.44% less ownership
Funds ownership: 489.91% → 470.47% (-19%)
31% less call options, than puts
Call options by funds: $922M | Put options by funds: $1.34B
Top Buyers
Top Sellers
NOW Hedge Fund Activity: Q1 2020 in Review
943 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2020, worth a combined $51.2B — down 1.9% from $52.2B a quarter earlier.
Buyers outnumbered sellers: 176 funds opened new NOW positions and 72 closed out — a net gain of 104 holders — while 383 added to existing stakes and 301 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $585M. The largest seller was Coatue Management, cutting an estimated $831M.
- 943 institutional investors held ServiceNow (NOW) as of Q1 2020, up from 850 in Q4 2019.
- Funds reported $51.2B of ServiceNow stock for Q1 2020, down 1.9% quarter-over-quarter.
- 176 funds opened new ServiceNow positions in Q1 2020 and 72 closed out, a net change of +104 holders.
- The largest ServiceNow buyer in Q1 2020 was Fidelity Investments, an estimated $585M added.
- The largest ServiceNow seller in Q1 2020 was Coatue Management, an estimated $831M sold.
Based on aggregated 13F filings for Q1 2020.