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ServiceNow

1,374 hedge funds and large institutions have $84.6B invested in ServiceNow in 2022 Q2 according to their latest regulatory filings, with 142 funds opening new positions, 594 increasing their positions, 463 reducing their positions, and 146 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 6485 (+21)

28% more repeat investments, than reductions

Existing positions increased: 594 | Existing positions reduced: 463

3.74% more ownership

Funds ownership: 442.36%446.1% (+3.7%)

3% less first-time investments, than exits

New positions opened: 142 | Existing positions closed: 146

2% less funds holding

Funds holding: 1,4041,374 (-30)

13% less capital invested

Capital invested by funds: $97.7B → $84.6B (-$13B)

16% less call options, than puts

Call options by funds: $1.52B | Put options by funds: $1.81B

Holders
1,374
Holders Change
-30
Holders Change %
-2.14%
% of All Funds
23.15%
Holding in Top 10
85
Holding in Top 10 Change
+21
Holding in Top 10 Change %
+32.81%
% of All Funds
1.43%
New
142
Increased
594
Reduced
463
Closed
146
Calls
$1.52B
Puts
$1.81B
Net Calls
-$291M
Net Calls Change
+$170M
Name Holding Trade Value Shares
Change
Change in
Stake
TG
51
TCW Group
California
$279M -$19.8M -208,050 -7%
WT
52
Wellcome Trust
United Kingdom
$262M +$23.8M +250,000 +10%
VOYA Investment Management
53
VOYA Investment Management
Georgia
$260M -$5.3M -55,565 -2%
Arrowstreet Capital
54
Arrowstreet Capital
Massachusetts
$252M -$32.5M -341,405 -11%
Macquarie Group
55
Macquarie Group
Australia
$249M -$4.16M -43,615 -2%
Allspring Global Investments
56
Allspring Global Investments
North Carolina
$234M -$36.6M -383,800 -14%
FCM
57
Farallon Capital Management
California
$233M -$1.05M -11,000 -0.4%
CS
58
Credit Suisse
Switzerland
$225M +$26.3M +275,990 +13%
Envestnet Asset Management
59
Envestnet Asset Management
Illinois
$224M +$10.7M +112,565 +5%
SP
60
Stockbridge Partners
Massachusetts
$200M -$30.2M -317,075 -13%
Federated Hermes
61
Federated Hermes
Pennsylvania
$200M -$34.7M -364,295 -15%
Nordea Investment Management
62
Nordea Investment Management
Sweden
$196M +$9.01M +94,530 +5%
Los Angeles Capital Management
63
Los Angeles Capital Management
California
$186M +$30.5M +320,095 +20%
California Public Employees Retirement System
64
California Public Employees Retirement System
California
$185M -$8.41M -88,270 -4%
Thrivent Financial for Lutherans
65
Thrivent Financial for Lutherans
Minnesota
$184M +$3.79M +39,750 +2%
PI
66
Putnam Investments
Massachusetts
$184M +$61M +640,115 +49%
Victory Capital Management
67
Victory Capital Management
Texas
$183M +$18.2M +190,500 +11%
SEI Investments
68
SEI Investments
Pennsylvania
$182M +$50.2M +526,170 +38%
Point72 Asset Management
69
Point72 Asset Management
Connecticut
$180M +$137M +1,432,430 +313%
New York State Common Retirement Fund
70
New York State Common Retirement Fund
New York
$176M -$1.05M -11,000 -0.6%
RPI
71
Railway Pension Investments
United Kingdom
$173M -$16M -168,000 -8%
LWCFA
72
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$172M +$924K +9,690 +0.5%
Ensign Peak Advisors
73
Ensign Peak Advisors
Utah
$171M +$20.6M +216,560 +14%
VanEck Associates
74
VanEck Associates
New York
$171M +$18.5M +193,625 +12%
Axa
75
Axa
France
$167M -$18.3M -192,215 -10%

NOW Hedge Fund Activity: Q2 2022 in Review

1,374 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2022, worth a combined $84.6B — down 13% from $97.7B a quarter earlier.

Sellers outnumbered buyers: 146 funds closed out of NOW and 142 opened new positions — a net loss of 4 holders — while 463 trimmed existing stakes and 594 added.

The largest buyer was Edgewood Management, adding an estimated $668M. The largest seller was Tiger Global Management, cutting an estimated $633M.

  • 1,374 institutional investors held ServiceNow (NOW) as of Q2 2022, down from 1,404 in Q1 2022.
  • Funds reported $84.6B of ServiceNow stock for Q2 2022, down 13% quarter-over-quarter.
  • 142 funds opened new ServiceNow positions in Q2 2022 and 146 closed out, a net change of -4 holders.
  • The largest ServiceNow buyer in Q2 2022 was Edgewood Management, an estimated $668M added.
  • The largest ServiceNow seller in Q2 2022 was Tiger Global Management, an estimated $633M sold.

Based on aggregated 13F filings for Q2 2022.