ServiceNow
NOW
717 hedge funds and large institutions have $43.1B invested in ServiceNow in 2019 Q1 according to their latest regulatory filings, with 144 funds opening new positions, 268 increasing their positions, 222 reducing their positions, and 72 closing their positions.
100% more first-time investments, than exits
New positions opened: 144 | Existing positions closed: 72
38% more capital invested
Capital invested by funds: $31.2B → $43.1B (+$11.9B)
36% more call options, than puts
Call options by funds: $966M | Put options by funds: $711M
24% more funds holding in top 10
Funds holding in top 10: 38 → 47 (+9)
21% more repeat investments, than reductions
Existing positions increased: 268 | Existing positions reduced: 222
10% more funds holding
Funds holding: 651 → 717 (+66)
6.79% less ownership
Funds ownership: 491.15% → 484.37% (-6.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$369M |
| 2 |
MCM
Melvin Capital Management
New York
|
+$182M |
| 3 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$177M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
+$157M |
| 5 |
Jennison Associates
New York
|
+$139M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
-$543M |
| 2 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$206M |
| 3 |
JP Morgan Chase
New York
|
-$204M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$169M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$167M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
776
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$13K | -375 | Closed |
|
|
IIM
777
Ipswich Investment Management
Beverly,
Massachusetts
| – | -$9K | -250 | Closed |
|
|
JA
778
JOYN Advisors
Atlanta,
Georgia
| – | -$9K | -250 | Closed |
|
|
LNB
779
Ledyard National Bank
| – | -$8K | -230 | Closed |
|
|
PA
780
Perennial Advisors
New York
| – | -$4K | -125 | Closed |
|
|
WANY
781
Wealthspire Advisors (New York)
New York
| – | -$4K | -105 | Closed |
|
|
FTI
782
Fiduciary Trust International
Lincoln,
Massachusetts
| – | -$4K | -100 | Closed |
|
|
CCMW
783
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$2K | -60 | Closed |
|
784
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
| – | -$3K | -50 | Closed |
|
|
GCM
785
Gables Capital Management
Miami,
Florida
| – | -$2K | -50 | Closed |
|
|
RCG
786
Ruggie Capital Group
Tavares,
Florida
| – | -$2K | -50 | Closed |
|
|
ACS
787
Archford Capital Strategies
Swansea,
Illinois
| – | -$1K | -15 | Closed |
|
|
UFF
788
USA Financial Formulas
Ada,
Michigan
| – | -$1K | -15 | Closed |
|
NOW Hedge Fund Activity: Q1 2019 in Review
717 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2019, worth a combined $43.1B — up 38% from $31.2B a quarter earlier.
Buyers outnumbered sellers: 144 funds opened new NOW positions and 72 closed out — a net gain of 72 holders — while 268 added to existing stakes and 222 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $369M. The largest seller was Vanguard Group, cutting an estimated $543M.
- 717 institutional investors held ServiceNow (NOW) as of Q1 2019, up from 651 in Q4 2018.
- Funds reported $43.1B of ServiceNow stock for Q1 2019, up 38% quarter-over-quarter.
- 144 funds opened new ServiceNow positions in Q1 2019 and 72 closed out, a net change of +72 holders.
- The largest ServiceNow buyer in Q1 2019 was Capital Research Global Investors, an estimated $369M added.
- The largest ServiceNow seller in Q1 2019 was Vanguard Group, an estimated $543M sold.
Based on aggregated 13F filings for Q1 2019.