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1,873 hedge funds and large institutions have $142B invested in ServiceNow in 2024 Q2 according to their latest regulatory filings, with 208 funds opening new positions, 834 increasing their positions, 587 reducing their positions, and 124 closing their positions.

New
Increased
Maintained
Reduced
Closed

68% more first-time investments, than exits

New positions opened: 208 | Existing positions closed: 124

42% more repeat investments, than reductions

Existing positions increased: 834 | Existing positions reduced: 587

12% more funds holding in top 10

Funds holding in top 10: 69 → 77 (+8)

4.39% more ownership

Funds ownership: 436.43% → 440.82% (+4.4%)

3% more funds holding

Funds holding: 1,817 → 1,873 (+56)

5% more capital invested

Capital invested by funds: $136B → $142B (+$6.27B)

30% less call options, than puts

Call options by funds: $2.94B | Put options by funds: $4.17B

Holders
1,873
Holders Change
+56
Holders Change %
+3.08%
% of All Funds
27.05%
Holding in Top 10
77
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+11.59%
% of All Funds
1.11%
New
208
Increased
834
Reduced
587
Closed
124
Calls
$2.94B
Puts
$4.17B
Net Calls
-$1.24B
Net Calls Change
-$201M

Top Buyers

Rank Fund Capital Flow
1
Swedbank
Swedbank
Sweden
+$953M
2
BlackRock
BlackRock
New York
+$671M
3
UBS AM
UBS AM
Illinois
+$663M
4
Wellington Management Group
Wellington Management Group
Massachusetts
+$458M
5
Amundi
Amundi
France
+$339M

Top Sellers

Rank Fund Capital Flow
1
GQG Partners
GQG Partners
Florida
-$887M
2
Capital Research Global Investors
Capital Research Global Investors
California
-$607M
3
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
-$512M
4
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
-$499M
5
Millennium Management
Millennium Management
New York
-$230M
Name Holding Trade Value Shares
Change 		Change in
Stake
ACM
1851
Anfield Capital Management
California
$3.15K -$11.7K -80 -80%
MIM
1852
Macroview Investment Management
Maryland
$3.15K -$5.87K -40 -67%
GFPC
1853
Global Financial Private Client
Florida
$3.15K – – –
AFWM
1854
Abich Financial Wealth Management
Virginia
$3.15K +$1.47K +10 +100%
LIA
1855
Lynx Investment Advisory
District of Columbia
$3.15K +$2.94K +20 New
RWM
1856
Ruedi Wealth Management
Illinois
$3.15K +$2.94K +20 New
SWM
1857
Sanctuary Wealth Management
Idaho
$3.15K +$2.94K +20 New
VF
1858
VitalStone Financial
Texas
$3.15K +$2.94K +20 New
FPB
1859
First PREMIER Bank
South Dakota
$3K – – –
OAJ
1860
Ogorek Anthony Joseph
New York
$3K +$3.67K +25 New
FIA
1861
FPC Investment Advisory
California
$2.94K – – –
HWA
1862
HHM Wealth Advisors
Tennessee
$2.36K -$5.14K -35 -70%
BCM
1863
Blume Capital Management
California
$2.36K – – –
PA
1864
Pineridge Advisors
Missouri
$2.36K – – –
FHC
1865
First Heartland Consultants
Missouri
$1.6K +$1.49M +10,145 New
BIM
1866
Breakwater Investment Management
Washington
$1.57K – – –
HFS
1867
Horizon Financial Services
North Carolina
$1.57K – – –
CAM
1868
ClariVest Asset Management
California
$1.55K – – –
CWM
1869
Cranbrook Wealth Management
Michigan
$1.37K – – –
CAL
1870
Capital Analysts LLC
Pennsylvania
$1K -$3.67K -25 -83%
DWA
1871
Delos Wealth Advisors
Texas
$787 – – –
WA
1872
WestEnd Advisors
North Carolina
$787 – – –
KB
1873
Kimelman & Baird
New York
$787 +$734 +5 New
DWM
1874
Dogwood Wealth Management
Kansas
$20 – – –
GQG Partners
1875
GQG Partners
Florida
– -$887M -5,819,815 Closed
73 74
75
76 77

NOW Hedge Fund Activity: Q2 2024 in Review

1,873 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2024, worth a combined $142B — up 4.6% from $136B a quarter earlier.

Buyers outnumbered sellers: 208 funds opened new NOW positions and 124 closed out — a net gain of 84 holders — while 834 added to existing stakes and 587 trimmed.

The largest buyer was Swedbank, opening a new position worth an estimated $953M. The largest seller was GQG Partners, exiting entirely with an estimated $887M sold.

  • 1,873 institutional investors held ServiceNow (NOW) as of Q2 2024, up from 1,817 in Q1 2024.
  • Funds reported $142B of ServiceNow stock for Q2 2024, up 4.6% quarter-over-quarter.
  • 208 funds opened new ServiceNow positions in Q2 2024 and 124 closed out, a net change of +84 holders.
  • The largest ServiceNow buyer in Q2 2024 was Swedbank, an estimated $953M added.
  • The largest ServiceNow seller in Q2 2024 was GQG Partners, an estimated $887M sold.

Based on aggregated 13F filings for Q2 2024.