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ServiceNow

1,066 hedge funds and large institutions have $71.2B invested in ServiceNow in 2020 Q2 according to their latest regulatory filings, with 199 funds opening new positions, 469 increasing their positions, 300 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 199 | Existing positions closed: 69

56% more repeat investments, than reductions

Existing positions increased: 469 | Existing positions reduced: 300

39% more capital invested

Capital invested by funds: $51.2B → $71.2B (+$20.1B)

13% more funds holding

Funds holding: 9431,066 (+123)

5% more funds holding in top 10

Funds holding in top 10: 5558 (+3)

10.04% less ownership

Funds ownership: 470.47%460.43% (-10%)

25% less call options, than puts

Call options by funds: $1.46B | Put options by funds: $1.96B

Holders
1,066
Holders Change
+123
Holders Change %
+13.04%
% of All Funds
21.86%
Holding in Top 10
58
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+5.45%
% of All Funds
1.19%
New
199
Increased
469
Reduced
300
Closed
69
Calls
$1.46B
Puts
$1.96B
Net Calls
-$499M
Net Calls Change
-$79M
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
1076
Engle Capital Management
Connecticut
-$6.45M -112,500 Closed
AC
1077
AMS Capital
Brazil
-$5.73M -100,000 Closed
PIA
1078
Piedmont Investment Advisors
North Carolina
-$5.73M -99,985 Closed
MGM
1079
Miura Global Management
New York
-$5.45M -95,000 Closed
SSA
1080
Schonfeld Strategic Advisors
New York
-$3.63M -63,375 Closed
Squarepoint
1081
Squarepoint
New York
-$2.99M -52,175 Closed
Hudson Bay Capital Management
1082
Hudson Bay Capital Management
Connecticut
-$2.77M -48,250 Closed
LCM
1083
Landscape Capital Management
New Jersey
-$2.47M -43,170 Closed
KWILP
1084
Kiwi Wealth Investments Limited Partnership
New Zealand
-$2.42M -42,165 Closed
Marshall Wace
1085
Marshall Wace
United Kingdom
-$2.12M -36,965 Closed
DS
1086
DRW Securities
Illinois
-$1.95M -33,940 Closed
ECM
1087
ExodusPoint Capital Management
New York
-$1.92M -33,570 Closed
SMH
1088
Sanders Morris Harris
Texas
-$1.57M -27,500 Closed
ACM
1089
Arlington Capital Management
Illinois
-$1.19M -20,795 Closed
CANY
1090
Caxton Associates (New York)
New York
-$1.14M -19,845 Closed
OIS
1091
Okabena Investment Services
Minnesota
-$925K -16,130 Closed
AIM
1092
Aigen Investment Management
New York
-$843K -14,715 Closed
MERSOM
1093
Municipal Employees' Retirement System of Michigan
Michigan
-$774K -13,500 Closed
PCM
1094
Palisade Capital Management
New Jersey
-$630K -11,000 Closed
PCM
1095
Prelude Capital Management
New York
-$569K -8,060 Closed
MFS
1096
Mirabella Financial Services
United Kingdom
-$459K -8,000 Closed
DTL
1097
Dynamic Technology Lab
Singapore
-$408K -7,110 Closed
MIA
1098
MainStreet Investment Advisors
Illinois
-$398K -6,945 Closed
OPPTF
1099
OPSEU Pension Plan Trust Fund
Ontario, Canada
-$333K -6,165 Closed
XWM
1100
Xcel Wealth Management
Florida
-$315K -5,500 Closed

NOW Hedge Fund Activity: Q2 2020 in Review

1,066 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2020, worth a combined $71.2B — up 39% from $51.2B a quarter earlier.

Buyers outnumbered sellers: 199 funds opened new NOW positions and 69 closed out — a net gain of 130 holders — while 469 added to existing stakes and 300 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $244M. The largest seller was Morgan Stanley, cutting an estimated $874M.

  • 1,066 institutional investors held ServiceNow (NOW) as of Q2 2020, up from 943 in Q1 2020.
  • Funds reported $71.2B of ServiceNow stock for Q2 2020, up 39% quarter-over-quarter.
  • 199 funds opened new ServiceNow positions in Q2 2020 and 69 closed out, a net change of +130 holders.
  • The largest ServiceNow buyer in Q2 2020 was Capital Research Global Investors, an estimated $244M added.
  • The largest ServiceNow seller in Q2 2020 was Morgan Stanley, an estimated $874M sold.

Based on aggregated 13F filings for Q2 2020.