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ServiceNow

1,126 hedge funds and large institutions have $84.3B invested in ServiceNow in 2020 Q3 according to their latest regulatory filings, with 139 funds opening new positions, 474 increasing their positions, 378 reducing their positions, and 73 closing their positions.

New
Increased
Maintained
Reduced
Closed

90% more first-time investments, than exits

New positions opened: 139 | Existing positions closed: 73

25% more repeat investments, than reductions

Existing positions increased: 474 | Existing positions reduced: 378

18% more capital invested

Capital invested by funds: $71.2B → $84.3B (+$13.1B)

6% more funds holding

Funds holding: 1,0661,126 (+60)

2% more funds holding in top 10

Funds holding in top 10: 5859 (+1)

7.17% less ownership

Funds ownership: 460.43%453.25% (-7.2%)

38% less call options, than puts

Call options by funds: $1.55B | Put options by funds: $2.51B

Holders
1,126
Holders Change
+60
Holders Change %
+5.63%
% of All Funds
22.72%
Holding in Top 10
59
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+1.72%
% of All Funds
1.19%
New
139
Increased
474
Reduced
378
Closed
73
Calls
$1.55B
Puts
$2.51B
Net Calls
-$967M
Net Calls Change
-$468M
Name Holding Trade Value Shares
Change
Change in
Stake
Barclays
51
Barclays
United Kingdom
$243M +$12.1M +136,035 +6%
Westfield Capital Management
52
Westfield Capital Management
Massachusetts
$243M -$112M -1,259,505 -33%
Axa
53
Axa
France
$238M +$19.8M +221,745 +10%
Deutsche Bank
54
Deutsche Bank
Germany
$233M +$18.2M +204,235 +9%
Bank of Montreal
55
Bank of Montreal
Ontario, Canada
$230M +$40.2M +450,140 +24%
CS
56
Credit Suisse
Switzerland
$223M +$10.1M +112,855 +5%
New York State Common Retirement Fund
57
New York State Common Retirement Fund
New York
$222M -$12.5M -140,500 -6%
AI
58
Axiom Investors
Connecticut
$217M +$18M +201,235 +10%
Alkeon Capital Management
59
Alkeon Capital Management
New York
$215M -$79M -885,000 -29%
Thrivent Financial for Lutherans
60
Thrivent Financial for Lutherans
Minnesota
$215M -$28.2M -315,590 -12%
UBS Group
61
UBS Group
Switzerland
$213M +$24.8M +277,580 +14%
Macquarie Group
62
Macquarie Group
Australia
$213M -$7.42M -83,120 -4%
California Public Employees Retirement System
63
California Public Employees Retirement System
California
$212M +$4.74M +53,125 +2%
PIMC
64
Praesidium Investment Management Company
New York
$210M -$10.7M -119,460 -5%
Russell Investments Group
65
Russell Investments Group
United Kingdom
$208M -$20.2M -226,575 -10%
WCM Investment Management
66
WCM Investment Management
California
$200M +$15.5M +173,420 +9%
MCM
67
Marsico Capital Management
Colorado
$198M -$4.7M -52,660 -3%
AllianceBernstein
68
AllianceBernstein
Tennessee
$193M -$7.86M -87,955 -4%
PI
69
Putnam Investments
Massachusetts
$187M +$83.9M +939,370 +95%
Janus Henderson Group
70
Janus Henderson Group
United Kingdom
$179M -$18.1M -203,075 -10%
A
71
AustralianSuper
Australia
$175M +$144M +1,611,545 +860%
Bessemer Group
72
Bessemer Group
New Jersey
$172M -$1.84M -20,600 -1%
California State Teachers Retirement System (CalSTRS)
73
California State Teachers Retirement System (CalSTRS)
California
$170M +$1.49M +16,635 +1%
Korea Investment Corp
74
Korea Investment Corp
South Korea
$169M -$8.84M -99,000 -5%
WRF
75
Waddell & Reed Financial
Kansas
$169M +$33.4M +374,225 +27%

NOW Hedge Fund Activity: Q3 2020 in Review

1,126 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2020, worth a combined $84.3B — up 18% from $71.2B a quarter earlier.

Buyers outnumbered sellers: 139 funds opened new NOW positions and 73 closed out — a net gain of 66 holders — while 474 added to existing stakes and 378 trimmed.

The largest buyer was Tiger Global Management, adding an estimated $342M. The largest seller was Capital World Investors, cutting an estimated $562M.

  • 1,126 institutional investors held ServiceNow (NOW) as of Q3 2020, up from 1,066 in Q2 2020.
  • Funds reported $84.3B of ServiceNow stock for Q3 2020, up 18% quarter-over-quarter.
  • 139 funds opened new ServiceNow positions in Q3 2020 and 73 closed out, a net change of +66 holders.
  • The largest ServiceNow buyer in Q3 2020 was Tiger Global Management, an estimated $342M added.
  • The largest ServiceNow seller in Q3 2020 was Capital World Investors, an estimated $562M sold.

Based on aggregated 13F filings for Q3 2020.