ServiceNow
NOW
1,360 hedge funds and large institutions have $69.9B invested in ServiceNow in 2022 Q4 according to their latest regulatory filings, with 189 funds opening new positions, 523 increasing their positions, 488 reducing their positions, and 121 closing their positions.
56% more first-time investments, than exits
New positions opened: 189 | Existing positions closed: 121
3% more funds holding
Funds holding: 1,321 → 1,360 (+39)
7% more repeat investments, than reductions
Existing positions increased: 523 | Existing positions reduced: 488
4% more capital invested
Capital invested by funds: $67.5B → $69.9B (+$2.44B)
0.15% less ownership
Funds ownership: 443.41% → 443.26% (-0.15%)
3% less funds holding in top 10
Funds holding in top 10: 60 → 58 (-2)
12% less call options, than puts
Call options by funds: $1.14B | Put options by funds: $1.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$287M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$284M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$219M |
| 4 |
Polen Capital Management
Boca Raton,
Florida
|
+$195M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janus Henderson Group
London,
United Kingdom
|
-$419M |
| 2 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$359M |
| 3 |
Tiger Global Management
New York
|
-$346M |
| 4 |
Capital Research Global Investors
Los Angeles,
California
|
-$283M |
| 5 |
Edgewood Management
Greenwich,
Connecticut
|
-$190M |
NOW Hedge Fund Activity: Q4 2022 in Review
1,360 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2022, worth a combined $69.9B — up 3.6% from $67.5B a quarter earlier.
Buyers outnumbered sellers: 189 funds opened new NOW positions and 121 closed out — a net gain of 68 holders — while 523 added to existing stakes and 488 trimmed.
The largest buyer was Winslow Capital Management, adding an estimated $287M. The largest seller was Janus Henderson Group, cutting an estimated $419M.
- 1,360 institutional investors held ServiceNow (NOW) as of Q4 2022, up from 1,321 in Q3 2022.
- Funds reported $69.9B of ServiceNow stock for Q4 2022, up 3.6% quarter-over-quarter.
- 189 funds opened new ServiceNow positions in Q4 2022 and 121 closed out, a net change of +68 holders.
- The largest ServiceNow buyer in Q4 2022 was Winslow Capital Management, an estimated $287M added.
- The largest ServiceNow seller in Q4 2022 was Janus Henderson Group, an estimated $419M sold.
Based on aggregated 13F filings for Q4 2022.