ServiceNow
NOW
175 hedge funds and large institutions have $5.6B invested in ServiceNow in 2013 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 68 increasing their positions, 51 reducing their positions, and 16 closing their positions.
181% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 16
33% more repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 51
26% more capital invested
Capital invested by funds: $4.46B → $5.6B (+$1.14B)
19% more funds holding
Funds holding: 147 → 175 (+28)
9% less call options, than puts
Call options by funds: $7.43M | Put options by funds: $8.2M
17.04% less ownership
Funds ownership: 411.22% → 394.18% (-17%)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$261M |
| 2 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$150M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$105M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$100M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$97.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG
SCGF Genpar
Menlo Park,
California
|
-$484M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$263M |
| 3 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$155M |
| 4 |
CCM
Conatus Capital Management
Greenwich,
Connecticut
|
-$75.4M |
| 5 |
GP
GLG Partners
London,
United Kingdom
|
-$45.9M |
NOW Hedge Fund Activity: Q3 2013 in Review
175 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2013, worth a combined $5.6B — up 26% from $4.46B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new NOW positions and 16 closed out — a net gain of 29 holders — while 68 added to existing stakes and 51 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $261M. The largest seller was SCGF Genpar, exiting entirely with an estimated $484M sold.
- 175 institutional investors held ServiceNow (NOW) as of Q3 2013, up from 147 in Q2 2013.
- Funds reported $5.6B of ServiceNow stock for Q3 2013, up 26% quarter-over-quarter.
- 45 funds opened new ServiceNow positions in Q3 2013 and 16 closed out, a net change of +29 holders.
- The largest ServiceNow buyer in Q3 2013 was Fidelity Investments, an estimated $261M added.
- The largest ServiceNow seller in Q3 2013 was SCGF Genpar, an estimated $484M sold.
Based on aggregated 13F filings for Q3 2013.