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ServiceNow
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1,874 hedge funds and large institutions have $142B invested in ServiceNow in 2024 Q2 according to their latest regulatory filings, with 208 funds opening new positions, 834 increasing their positions, 587 reducing their positions, and 124 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 208 | Existing positions closed: 124

42% more repeat investments, than reductions

Existing positions increased: 834 | Existing positions reduced: 587

12% more funds holding in top 10

Funds holding in top 10: 69 → 77 (+8)

4.39% more ownership

Funds ownership: 436.43% → 440.82% (+4.4%)

3% more funds holding

Funds holding: 1,818 → 1,874 (+56)

5% more capital invested

Capital invested by funds: $136B → $142B (+$6.27B)

30% less call options, than puts

Call options by funds: $2.94B | Put options by funds: $4.17B

Holders
1,874
Holders Change
+56
Holders Change %
+3.08%
% of All Funds
27.06%
Holding in Top 10
77
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+11.59%
% of All Funds
1.11%
New
208
Increased
834
Reduced
587
Closed
124
Calls
$2.94B
Puts
$4.17B
Net Calls
-$1.24B
Net Calls Change
-$201M

Top Buyers

Rank Fund Capital Flow
1
Swedbank
Swedbank
Sweden
+$953M
2
BlackRock
BlackRock
New York
+$671M
3
UBS AM
UBS AM
Illinois
+$663M
4
Wellington Management Group
Wellington Management Group
Massachusetts
+$458M
5
Amundi
Amundi
France
+$339M

Top Sellers

Rank Fund Capital Flow
1
GQG Partners
GQG Partners
Florida
-$887M
2
Capital Research Global Investors
Capital Research Global Investors
California
-$607M
3
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$512M
4
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$499M
5
Millennium Management
Millennium Management
New York
-$230M
Name Holding Trade Value Shares
Change 		Change in
Stake
PWM
926
Pinnacle Wealth Management
California
$1.67M +$39.6K +270 +3%
CP
927
Canopy Partners
Ohio
$1.67M +$16.1K +110 +1%
EAM
928
Eventide Asset Management
Massachusetts
$1.67M +$587K +4,000 +61%
VWM
929
Venturi Wealth Management
Texas
$1.65M +$579K +3,945 +60%
OGC
930
Oak Grove Capital
New Hampshire
$1.65M +$514K +3,500 +50%
CA
931
Cullinan Associates
Kentucky
$1.65M +$734K +5,000 +91%
PCA
932
Pallas Capital Advisors
Massachusetts
$1.65M -$85.1K -580 -5%
DC
933
Dantai Capital
Hong Kong
$1.65M – – –
TCA
934
Transcend Capital Advisors
New Jersey
$1.65M +$1.53M +10,455 New
IIM
935
InTrack Investment Management
Vermont
$1.64M +$1.53M +10,450 New
HSA
936
HBK Sorce Advisory
Pennsylvania
$1.63M -$128K -875 -8%
VFA
937
Valeo Financial Advisors
Indiana
$1.62M +$26.4K +180 +2%
WPC
938
Wedmont Private Capital
Pennsylvania
$1.61M +$122K +830 +8%
SC
939
Savant Capital
Illinois
$1.6M -$974K -6,635 -39%
AWA
940
Arkadios Wealth Advisors
Georgia
$1.6M +$150K +1,025 +11%
AC
941
AXQ Capital
New Jersey
$1.59M -$496K -3,380 -25%
AFG
942
Atomi Financial Group
New York
$1.59M +$233K +1,590 +19%
SP
943
SWS Partners
Ohio
$1.59M +$2.94K +20 +0.2%
OWMIAS
944
One Wealth Management Investment & Advisory Services
Florida
$1.58M +$13.2K +90 +0.9%
BMCM
945
Bryn Mawr Capital Management
Pennsylvania
$1.58M -$39.6K -270 -3%
WWM
946
Western Wealth Management
Colorado
$1.58M +$274K +1,870 +23%
BCM
947
BluePointe Capital Management
California
$1.57M -$340K -2,315 -19%
CK
948
Cohen Klingenstein
New York
$1.57M – – –
CGL
949
Clarius Group LLC
Washington
$1.57M -$103K -705 -7%
BTI
950
Blue Trust Inc
Georgia
$1.57M +$888K +6,050 +143%
36 37
38
39 40

NOW Hedge Fund Activity: Q2 2024 in Review

1,874 of the 6,925 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2024, worth a combined $142B — up 4.6% from $136B a quarter earlier.

Buyers outnumbered sellers: 208 funds opened new NOW positions and 124 closed out — a net gain of 84 holders — while 834 added to existing stakes and 587 trimmed.

The largest buyer was Swedbank, opening a new position worth an estimated $953M. The largest seller was GQG Partners, exiting entirely with an estimated $887M sold.

  • 1,874 institutional investors held ServiceNow (NOW) as of Q2 2024, up from 1,818 in Q1 2024.
  • Funds reported $142B of ServiceNow stock for Q2 2024, up 4.6% quarter-over-quarter.
  • 208 funds opened new ServiceNow positions in Q2 2024 and 124 closed out, a net change of +84 holders.
  • The largest ServiceNow buyer in Q2 2024 was Swedbank, an estimated $953M added.
  • The largest ServiceNow seller in Q2 2024 was GQG Partners, an estimated $887M sold.

Based on aggregated 13F filings for Q2 2024.