ServiceNow
NOW
513 hedge funds and large institutions have $28.6B invested in ServiceNow in 2018 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 164 increasing their positions, 189 reducing their positions, and 38 closing their positions.
147% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 38
50% more funds holding in top 10
Funds holding in top 10: 18 → 27 (+9)
25% more capital invested
Capital invested by funds: $22.8B → $28.6B (+$5.79B)
11% more funds holding
Funds holding: 463 → 513 (+50)
12.51% less ownership
Funds ownership: 507.95% → 495.44% (-13%)
13% less repeat investments, than reductions
Existing positions increased: 164 | Existing positions reduced: 189
40% less call options, than puts
Call options by funds: $208M | Put options by funds: $348M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$788M |
| 2 |
O
OppenheimerFunds
New York
|
+$178M |
| 3 |
Morgan Stanley
New York
|
+$155M |
| 4 |
Renaissance Technologies
New York
|
+$144M |
| 5 |
UBS AM
Chicago,
Illinois
|
+$135M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$367M |
| 2 |
MNG
Manning & Napier Group
Fairport,
New York
|
-$269M |
| 3 |
CG
Carmignac Gestion
Paris,
France
|
-$255M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$222M |
| 5 |
Goldman Sachs
New York
|
-$129M |
NOW Hedge Fund Activity: Q1 2018 in Review
513 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2018, worth a combined $28.6B — up 25% from $22.8B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new NOW positions and 38 closed out — a net gain of 56 holders — while 164 added to existing stakes and 189 trimmed.
The largest buyer was Capital World Investors, adding an estimated $788M. The largest seller was T. Rowe Price Associates, cutting an estimated $367M.
- 513 institutional investors held ServiceNow (NOW) as of Q1 2018, up from 463 in Q4 2017.
- Funds reported $28.6B of ServiceNow stock for Q1 2018, up 25% quarter-over-quarter.
- 94 funds opened new ServiceNow positions in Q1 2018 and 38 closed out, a net change of +56 holders.
- The largest ServiceNow buyer in Q1 2018 was Capital World Investors, an estimated $788M added.
- The largest ServiceNow seller in Q1 2018 was T. Rowe Price Associates, an estimated $367M sold.
Based on aggregated 13F filings for Q1 2018.