ServiceNow
NOW
355 hedge funds and large institutions have $13.1B invested in ServiceNow in 2015 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 151 increasing their positions, 105 reducing their positions, and 28 closing their positions.
132% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 28
118% more call options, than puts
Call options by funds: $253M | Put options by funds: $116M
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
44% more repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 105
27% more capital invested
Capital invested by funds: $10.3B → $13.1B (+$2.83B)
11% more funds holding
Funds holding: 321 → 355 (+34)
1.71% more ownership
Funds ownership: 475.83% → 477.54% (+1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$172M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$104M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$70.3M |
| 4 |
JP Morgan Chase
New York
|
+$64.2M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$197M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$124M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$73.7M |
| 4 |
O
OppenheimerFunds
New York
|
-$69.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$63M |
NOW Hedge Fund Activity: Q4 2015 in Review
355 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2015, worth a combined $13.1B — up 27% from $10.3B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new NOW positions and 28 closed out — a net gain of 37 holders — while 151 added to existing stakes and 105 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $172M. The largest seller was T. Rowe Price Associates, cutting an estimated $197M.
- 355 institutional investors held ServiceNow (NOW) as of Q4 2015, up from 321 in Q3 2015.
- Funds reported $13.1B of ServiceNow stock for Q4 2015, up 27% quarter-over-quarter.
- 65 funds opened new ServiceNow positions in Q4 2015 and 28 closed out, a net change of +37 holders.
- The largest ServiceNow buyer in Q4 2015 was Wellington Management Group, an estimated $172M added.
- The largest ServiceNow seller in Q4 2015 was T. Rowe Price Associates, an estimated $197M sold.
Based on aggregated 13F filings for Q4 2015.