We are live on ! Find out more
NOW icon

ServiceNow

1,563 hedge funds and large institutions have $100B invested in ServiceNow in 2023 Q3 according to their latest regulatory filings, with 164 funds opening new positions, 611 increasing their positions, 572 reducing their positions, and 84 closing their positions.

New
Increased
Maintained
Reduced
Closed

95% more first-time investments, than exits

New positions opened: 164 | Existing positions closed: 84

4% more funds holding

Funds holding: 1,5011,563 (+62)

7% more repeat investments, than reductions

Existing positions increased: 611 | Existing positions reduced: 572

1% less capital invested

Capital invested by funds: $102B → $100B (-$1.04B)

4% less funds holding in top 10

Funds holding in top 10: 7168 (-3)

4.64% less ownership

Funds ownership: 443.96%439.31% (-4.6%)

26% less call options, than puts

Call options by funds: $1.36B | Put options by funds: $1.85B

Holders
1,563
Holders Change
+62
Holders Change %
+4.13%
% of All Funds
24.8%
Holding in Top 10
68
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-4.23%
% of All Funds
1.08%
New
164
Increased
611
Reduced
572
Closed
84
Calls
$1.36B
Puts
$1.85B
Net Calls
-$491M
Net Calls Change
-$607M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
101
Victory Capital Management
Texas
$135M +$5M +43,840 +4%
JMPWA
102
JP Morgan Private Wealth Advisors
California
$135M +$138M +1,208,275 New
State Board of Administration of Florida Retirement System
103
State Board of Administration of Florida Retirement System
Florida
$131M +$8.29M +72,630 +7%
Qube Research & Technologies (QRT)
104
Qube Research & Technologies (QRT)
United Kingdom
$127M +$59.2M +518,645 +84%
Dimensional Fund Advisors
105
Dimensional Fund Advisors
Texas
$126M -$619K -5,430 -0.5%
Mitsubishi UFJ Asset Management
106
Mitsubishi UFJ Asset Management
Japan
$125M +$8.07M +70,705 +7%
FAM
107
Fred Alger Management
New York
$124M -$3.99M -34,935 -3%
Pictet Asset Management
108
Pictet Asset Management
Switzerland
$121M +$123M +1,078,870 New
Nomura Asset Management
109
Nomura Asset Management
Japan
$119M -$11.7M -102,660 -9%
Lord, Abbett & Co
110
Lord, Abbett & Co
New Jersey
$118M -$1.09M -9,545 -0.9%
New York State Teachers Retirement System (NYSTRS)
111
New York State Teachers Retirement System (NYSTRS)
New York
$117M -$4.5M -39,465 -4%
AT
112
AMF Tjänstepension
Sweden
$117M +$72.3M +634,175 +153%
Natixis Advisors
113
Natixis Advisors
Massachusetts
$115M +$3.67M +32,170 +3%
Adage Capital Partners
114
Adage Capital Partners
Massachusetts
$113M -$114K -1,000 -0.1%
SP
115
Sarasin & Partners
United Kingdom
$113M -$54M -473,015 -32%
Skandinaviska Enskilda Banken (SEB)
116
Skandinaviska Enskilda Banken (SEB)
Sweden
$111M +$17.8M +156,340 +19%
Manulife (Manufacturers Life Insurance)
117
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$110M -$21.7M -190,380 -16%
CS
118
Candriam SCA
Luxembourg
$109M +$5.61M +49,185 +5%
PIMC
119
Praesidium Investment Management Company
New York
$103M -$34.5M -302,505 -25%
Citigroup
120
Citigroup
New York
$103M -$24.5M -214,380 -19%
APG Asset Management
121
APG Asset Management
Netherlands
$101M -$11.3M -98,660 -10%
AM
122
AGF Management
Ontario, Canada
$101M +$103M +899,130 New
US Bancorp
123
US Bancorp
Minnesota
$100M +$173K +1,515 +0.2%
BCIM
124
British Columbia Investment Management
British Columbia, Canada
$96.5M +$64.5K +565 +0.1%
ZCI
125
Zevenbergen Capital Investments
Washington
$96.2M -$2.57M -22,545 -3%

NOW Hedge Fund Activity: Q3 2023 in Review

1,563 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2023, worth a combined $100B — down 1% from $102B a quarter earlier.

Buyers outnumbered sellers: 164 funds opened new NOW positions and 84 closed out — a net gain of 80 holders — while 611 added to existing stakes and 572 trimmed.

The largest buyer was Fidelity Investments, adding an estimated $340M. The largest seller was T. Rowe Price Associates, cutting an estimated $756M.

  • 1,563 institutional investors held ServiceNow (NOW) as of Q3 2023, up from 1,501 in Q2 2023.
  • Funds reported $100B of ServiceNow stock for Q3 2023, down 1% quarter-over-quarter.
  • 164 funds opened new ServiceNow positions in Q3 2023 and 84 closed out, a net change of +80 holders.
  • The largest ServiceNow buyer in Q3 2023 was Fidelity Investments, an estimated $340M added.
  • The largest ServiceNow seller in Q3 2023 was T. Rowe Price Associates, an estimated $756M sold.

Based on aggregated 13F filings for Q3 2023.