We are live on ! Find out more
NOW icon

ServiceNow
NOW

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
SW
976
SteelPeak Wealth
California
$1.43M +$870K +5,930 +186%
FHA
977
Flagship Harbor Advisors
Massachusetts
$1.43M -$14.7K -100 -1%
NP
978
NorthRock Partners
Minnesota
$1.43M -$38.9K -265 -3%
PCM
979
Passive Capital Management
Maryland
$1.42M – – –
VIM
980
VELA Investment Management
Ohio
$1.42M – – –
EWM
981
EPG Wealth Management
Georgia
$1.42M -$1.22M -8,335 Closed
BFA
982
Brown Financial Advisors
Ohio
$1.42M +$1.32M +9,025 New
UOTTAIMCU
983
University of Texas/Texas AM Investment Management Co (UTIMCO)
Texas
$1.42M +$613K +4,180 +87%
SFG
984
Synergy Financial Group
California
$1.42M +$64.6K +440 +5%
TAMH
985
Taikang Asset Management (HK)
Hong Kong
$1.42M -$1.11M -7,565 -46%
NNPTE
986
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne
Poland
$1.4M – – –
VCM
987
Vivaldi Capital Management
Illinois
$1.39M +$1.3M +8,865 New
GI
988
GAMMA Investing
California
$1.39M +$269K +1,830 +26%
LWA
989
Lineweaver Wealth Advisors
Ohio
$1.38M +$259K +1,765 +25%
HVCM
990
Hel Ved Capital Management
Hong Kong
$1.37M – – –
NA
991
Navellier & Associates
Nevada
$1.37M +$22K +150 +2%
SI
992
Schusterman Interests
Oklahoma
$1.36M – – –
WBC
993
Westpac Banking Corp
Australia
$1.36M -$671K -4,575 -35%
HCM
994
Highview Capital Management
Illinois
$1.36M +$50.6K +345 +4%
SWMG
995
Signature Wealth Management Group
Georgia
$1.36M +$40.4K +275 +3%
PCMH
996
Polymer Capital Management (HK)
Hong Kong
$1.35M +$1.26M +8,600 New
ZIM
997
Zacks Investment Management
Illinois
$1.35M -$14.4M -97,845 -92%
CWM
998
Connecticut Wealth Management
Connecticut
$1.34M -$16.9K -115 -1%
ACH
999
ArrowMark Colorado Holdings
Colorado
$1.34M – – –
MFS
1000
Monetta Financial Services
Illinois
$1.34M – – –
38 39
40
41 42

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.