ServiceNow
NOW
321 hedge funds and large institutions have $10.3B invested in ServiceNow in 2015 Q3 according to their latest regulatory filings, with 39 funds opening new positions, 123 increasing their positions, 107 reducing their positions, and 38 closing their positions.
127% more call options, than puts
Call options by funds: $160M | Put options by funds: $70.2M
15% more repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 107
14.37% more ownership
Funds ownership: 461.46% → 475.83% (+14%)
3% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 38
1% less funds holding
Funds holding: 323 → 321 (-2)
2% less capital invested
Capital invested by funds: $10.5B → $10.3B (-$216M)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$205M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$143M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$133M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$79.5M |
| 5 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$75.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$113M |
| 2 |
Bank of New York Mellon
New York
|
-$78.3M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$35.1M |
| 4 |
Morgan Stanley
New York
|
-$30M |
| 5 |
Westfield Capital Management
Boston,
Massachusetts
|
-$26.3M |
NOW Hedge Fund Activity: Q3 2015 in Review
321 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2015, worth a combined $10.3B — down 2.1% from $10.5B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new NOW positions and 38 closed out — a net gain of 1 holder — while 123 added to existing stakes and 107 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $205M. The largest seller was Allianz Asset Management, cutting an estimated $113M.
- 321 institutional investors held ServiceNow (NOW) as of Q3 2015, down from 323 in Q2 2015.
- Funds reported $10.3B of ServiceNow stock for Q3 2015, down 2.1% quarter-over-quarter.
- 39 funds opened new ServiceNow positions in Q3 2015 and 38 closed out, a net change of +1 holder.
- The largest ServiceNow buyer in Q3 2015 was T. Rowe Price Associates, an estimated $205M added.
- The largest ServiceNow seller in Q3 2015 was Allianz Asset Management, an estimated $113M sold.
Based on aggregated 13F filings for Q3 2015.