ServiceNow
NOW
2,256 hedge funds and large institutions have $195B invested in ServiceNow in 2024 Q4 according to their latest regulatory filings, with 420 funds opening new positions, 788 increasing their positions, 774 reducing their positions, and 64 closing their positions.
556% more first-time investments, than exits
New positions opened: 420 | Existing positions closed: 64
33% more funds holding in top 10
Funds holding in top 10: 78 → 104 (+26)
20% more capital invested
Capital invested by funds: $163B → $195B (+$32.3B)
16% more funds holding
Funds holding: 1,937 → 2,256 (+319)
1.6% more ownership
Funds ownership: 444.7% → 446.3% (+1.6%)
2% more repeat investments, than reductions
Existing positions increased: 788 | Existing positions reduced: 774
25% less call options, than puts
Call options by funds: $3.88B | Put options by funds: $5.14B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$1.17B |
| 2 |
AIM
Alphinity Investment Management
Sydney,
Australia
|
+$652M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$516M |
| 4 |
Coatue Management
New York
|
+$374M |
| 5 |
Jennison Associates
New York
|
+$353M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Edgewood Management
Greenwich,
Connecticut
|
-$1.33B |
| 2 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.2B |
| 3 |
Capital International Investors
Los Angeles,
California
|
-$907M |
| 4 |
Polen Capital Management
Boca Raton,
Florida
|
-$597M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
-$517M |
NOW Hedge Fund Activity: Q4 2024 in Review
2,256 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2024, worth a combined $195B — up 20% from $163B a quarter earlier.
Buyers outnumbered sellers: 420 funds opened new NOW positions and 64 closed out — a net gain of 356 holders — while 788 added to existing stakes and 774 trimmed.
The largest buyer was BlackRock, adding an estimated $1.17B. The largest seller was Edgewood Management, cutting an estimated $1.33B.
- 2,256 institutional investors held ServiceNow (NOW) as of Q4 2024, up from 1,937 in Q3 2024.
- Funds reported $195B of ServiceNow stock for Q4 2024, up 20% quarter-over-quarter.
- 420 funds opened new ServiceNow positions in Q4 2024 and 64 closed out, a net change of +356 holders.
- The largest ServiceNow buyer in Q4 2024 was BlackRock, an estimated $1.17B added.
- The largest ServiceNow seller in Q4 2024 was Edgewood Management, an estimated $1.33B sold.
Based on aggregated 13F filings for Q4 2024.