ServiceNow
NOW
1,271 hedge funds and large institutions have $95.2B invested in ServiceNow in 2021 Q2 according to their latest regulatory filings, with 139 funds opening new positions, 548 increasing their positions, 415 reducing their positions, and 117 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 548 | Existing positions reduced: 415
19% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 117
10% more capital invested
Capital invested by funds: $86.5B → $95.2B (+$8.71B)
7% more funds holding in top 10
Funds holding in top 10: 44 → 47 (+3)
1% more funds holding
Funds holding: 1,264 → 1,271 (+7)
2.32% less ownership
Funds ownership: 441.92% → 439.6% (-2.3%)
15% less call options, than puts
Call options by funds: $2.2B | Put options by funds: $2.58B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$502M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$294M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$286M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$265M |
| 5 |
WT
Wellcome Trust
London,
United Kingdom
|
+$232M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$521M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$351M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317M |
| 4 |
BlackRock
New York
|
-$304M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$248M |
NOW Hedge Fund Activity: Q2 2021 in Review
1,271 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2021, worth a combined $95.2B — up 10% from $86.5B a quarter earlier.
Buyers outnumbered sellers: 139 funds opened new NOW positions and 117 closed out — a net gain of 22 holders — while 548 added to existing stakes and 415 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $502M. The largest seller was Jennison Associates, exiting entirely with an estimated $521M sold.
- 1,271 institutional investors held ServiceNow (NOW) as of Q2 2021, up from 1,264 in Q1 2021.
- Funds reported $95.2B of ServiceNow stock for Q2 2021, up 10% quarter-over-quarter.
- 139 funds opened new ServiceNow positions in Q2 2021 and 117 closed out, a net change of +22 holders.
- The largest ServiceNow buyer in Q2 2021 was Lone Pine Capital, an estimated $502M added.
- The largest ServiceNow seller in Q2 2021 was Jennison Associates, an estimated $521M sold.
Based on aggregated 13F filings for Q2 2021.