ServiceNow
NOW
779 hedge funds and large institutions have $47.5B invested in ServiceNow in 2019 Q2 according to their latest regulatory filings, with 127 funds opening new positions, 310 increasing their positions, 257 reducing their positions, and 56 closing their positions.
127% more first-time investments, than exits
New positions opened: 127 | Existing positions closed: 56
23% more call options, than puts
Call options by funds: $1.25B | Put options by funds: $1.01B
21% more repeat investments, than reductions
Existing positions increased: 310 | Existing positions reduced: 257
10% more capital invested
Capital invested by funds: $43.1B → $47.5B (+$4.41B)
9% more funds holding
Funds holding: 717 → 779 (+62)
9% more funds holding in top 10
Funds holding in top 10: 47 → 51 (+4)
16.18% less ownership
Funds ownership: 484.37% → 468.19% (-16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$882M |
| 2 |
Jennison Associates
New York
|
+$382M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$322M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$288M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$177M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$293M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$243M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$160M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$152M |
| 5 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$139M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIA
826
Alera Investment Advisors
Deerfield,
Illinois
| – | -$24K | -495 | Closed |
|
|
CHP
827
Cable Hill Partners
Portland,
Oregon
| – | -$13K | -265 | Closed |
|
|
WAM
828
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$13K | -265 | Closed |
|
|
SHIM
829
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$12K | -250 | Closed |
|
|
AIL
830
AGF Investments LLC
Toronto,
Ontario, Canada
| – | -$8K | -160 | Closed |
|
|
FCA
831
FinTrust Capital Advisors
Greenville,
South Carolina
| – | -$6K | -115 | Closed |
|
|
MSA
832
Marino Stram & Associates
Braintree,
Massachusetts
| – | -$5K | -100 | Closed |
|
|
PWM
833
PRW Wealth Management
Quincy,
Massachusetts
| – | -$5K | -100 | Closed |
|
|
OFW
834
Omnia Family Wealth
Aventura,
Florida
| – | -$4K | -90 | Closed |
|
835
AssetMark Inc
Concord,
California
| – | -$2K | -45 | Closed |
|
NOW Hedge Fund Activity: Q2 2019 in Review
779 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2019, worth a combined $47.5B — up 10% from $43.1B a quarter earlier.
Buyers outnumbered sellers: 127 funds opened new NOW positions and 56 closed out — a net gain of 71 holders — while 310 added to existing stakes and 257 trimmed.
The largest buyer was Nuveen, adding an estimated $882M. The largest seller was Morgan Stanley, cutting an estimated $293M.
- 779 institutional investors held ServiceNow (NOW) as of Q2 2019, up from 717 in Q1 2019.
- Funds reported $47.5B of ServiceNow stock for Q2 2019, up 10% quarter-over-quarter.
- 127 funds opened new ServiceNow positions in Q2 2019 and 56 closed out, a net change of +71 holders.
- The largest ServiceNow buyer in Q2 2019 was Nuveen, an estimated $882M added.
- The largest ServiceNow seller in Q2 2019 was Morgan Stanley, an estimated $293M sold.
Based on aggregated 13F filings for Q2 2019.