ServiceNow
1,329 hedge funds and large institutions have $108B invested in ServiceNow in 2021 Q3 according to their latest regulatory filings, with 142 funds opening new positions, 539 increasing their positions, 459 reducing their positions, and 65 closing their positions.
118% more first-time investments, than exits
New positions opened: 142 | Existing positions closed: 65
19% more funds holding in top 10
Funds holding in top 10: 47 → 56 (+9)
17% more repeat investments, than reductions
Existing positions increased: 539 | Existing positions reduced: 459
14% more capital invested
Capital invested by funds: $95.2B → $108B (+$13.1B)
5% more funds holding
Funds holding: 1,271 → 1,329 (+58)
2.42% more ownership
Funds ownership: 439.6% → 442.02% (+2.4%)
29% less call options, than puts
Call options by funds: $2.23B | Put options by funds: $3.13B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$398M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$354M |
| 3 |
Goldman Sachs
New York
|
+$315M |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$296M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$256M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
-$559M |
| 2 |
Polen Capital Management
Boca Raton,
Florida
|
-$268M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$234M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$166M |
| 5 |
Swedbank
Stockholm,
Sweden
|
-$163M |
NOW Hedge Fund Activity: Q3 2021 in Review
1,329 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2021, worth a combined $108B — up 14% from $95.2B a quarter earlier.
Buyers outnumbered sellers: 142 funds opened new NOW positions and 65 closed out — a net gain of 77 holders — while 539 added to existing stakes and 459 trimmed.
The largest buyer was BlackRock, adding an estimated $398M. The largest seller was Viking Global Investors, cutting an estimated $559M.
- 1,329 institutional investors held ServiceNow (NOW) as of Q3 2021, up from 1,271 in Q2 2021.
- Funds reported $108B of ServiceNow stock for Q3 2021, up 14% quarter-over-quarter.
- 142 funds opened new ServiceNow positions in Q3 2021 and 65 closed out, a net change of +77 holders.
- The largest ServiceNow buyer in Q3 2021 was BlackRock, an estimated $398M added.
- The largest ServiceNow seller in Q3 2021 was Viking Global Investors, an estimated $559M sold.
Based on aggregated 13F filings for Q3 2021.