ServiceNow
NOW
321 hedge funds and large institutions have $10.7B invested in ServiceNow in 2015 Q1 according to their latest regulatory filings, with 60 funds opening new positions, 112 increasing their positions, 113 reducing their positions, and 31 closing their positions.
526% more call options, than puts
Call options by funds: $142M | Put options by funds: $22.7M
94% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 31
22% more capital invested
Capital invested by funds: $8.78B → $10.7B (+$1.91B)
21.07% more ownership
Funds ownership: 436.25% → 457.32% (+21%)
10% more funds holding
Funds holding: 293 → 321 (+28)
1% less repeat investments, than reductions
Existing positions increased: 112 | Existing positions reduced: 113
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Carmignac Gestion
Paris,
France
|
+$218M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$211M |
| 3 |
Morgan Stanley
New York
|
+$119M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$37.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$36.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$85.3M |
| 2 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$57.7M |
| 3 |
TG
TCW Group
Los Angeles,
California
|
-$44.4M |
| 4 |
SM
SCGE Management
Menlo Park,
California
|
-$34.6M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
-$34.1M |
NOW Hedge Fund Activity: Q1 2015 in Review
321 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2015, worth a combined $10.7B — up 22% from $8.78B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new NOW positions and 31 closed out — a net gain of 29 holders — while 112 added to existing stakes and 113 trimmed.
The largest buyer was Carmignac Gestion, opening a new position worth an estimated $218M. The largest seller was Wells Fargo, cutting an estimated $85.3M.
- 321 institutional investors held ServiceNow (NOW) as of Q1 2015, up from 293 in Q4 2014.
- Funds reported $10.7B of ServiceNow stock for Q1 2015, up 22% quarter-over-quarter.
- 60 funds opened new ServiceNow positions in Q1 2015 and 31 closed out, a net change of +29 holders.
- The largest ServiceNow buyer in Q1 2015 was Carmignac Gestion, an estimated $218M added.
- The largest ServiceNow seller in Q1 2015 was Wells Fargo, an estimated $85.3M sold.
Based on aggregated 13F filings for Q1 2015.