ServiceNow
1,272 hedge funds and large institutions have $96.4B invested in ServiceNow in 2020 Q4 according to their latest regulatory filings, with 230 funds opening new positions, 531 increasing their positions, 365 reducing their positions, and 75 closing their positions.
207% more first-time investments, than exits
New positions opened: 230 | Existing positions closed: 75
45% more repeat investments, than reductions
Existing positions increased: 531 | Existing positions reduced: 365
14% more capital invested
Capital invested by funds: $84.3B → $96.4B (+$12.1B)
13% more funds holding
Funds holding: 1,126 → 1,272 (+146)
3% more funds holding in top 10
Funds holding in top 10: 59 → 61 (+2)
7.94% less ownership
Funds ownership: 453.25% → 445.31% (-7.9%)
40% less call options, than puts
Call options by funds: $1.76B | Put options by funds: $2.92B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
+$435M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$410M |
| 3 |
Viking Global Investors
Stamford,
Connecticut
|
+$399M |
| 4 |
GQG Partners
Ft. Lauderdale,
Florida
|
+$291M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$250M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$726M |
| 2 |
MCM
Melvin Capital Management
New York
|
-$377M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
-$311M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$291M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$283M |
NOW Hedge Fund Activity: Q4 2020 in Review
1,272 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2020, worth a combined $96.4B — up 14% from $84.3B a quarter earlier.
Buyers outnumbered sellers: 230 funds opened new NOW positions and 75 closed out — a net gain of 155 holders — while 531 added to existing stakes and 365 trimmed.
The largest buyer was Brown Advisory, adding an estimated $435M. The largest seller was Capital World Investors, cutting an estimated $726M.
- 1,272 institutional investors held ServiceNow (NOW) as of Q4 2020, up from 1,126 in Q3 2020.
- Funds reported $96.4B of ServiceNow stock for Q4 2020, up 14% quarter-over-quarter.
- 230 funds opened new ServiceNow positions in Q4 2020 and 75 closed out, a net change of +155 holders.
- The largest ServiceNow buyer in Q4 2020 was Brown Advisory, an estimated $435M added.
- The largest ServiceNow seller in Q4 2020 was Capital World Investors, an estimated $726M sold.
Based on aggregated 13F filings for Q4 2020.