ServiceNow
NOW
333 hedge funds and large institutions have $10.5B invested in ServiceNow in 2016 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 126 increasing their positions, 110 reducing their positions, and 49 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
24% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 49
15% more repeat investments, than reductions
Existing positions increased: 126 | Existing positions reduced: 110
7% more capital invested
Capital invested by funds: $9.83B → $10.5B (+$701M)
3% more funds holding
Funds holding: 324 → 333 (+9)
13% less ownership
Funds ownership: 499.65% → 486.65% (-13%)
79% less call options, than puts
Call options by funds: $77.5M | Put options by funds: $376M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$195M |
| 2 |
JP Morgan Chase
New York
|
+$173M |
| 3 |
Alyeska Investment Group
Chicago,
Illinois
|
+$58.4M |
| 4 |
FAM
Fred Alger Management
New York
|
+$52.4M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$46.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$200M |
| 2 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$182M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$104M |
| 4 |
Goldman Sachs
New York
|
-$67.9M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$67.4M |
NOW Hedge Fund Activity: Q2 2016 in Review
333 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2016, worth a combined $10.5B — up 7.1% from $9.83B a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new NOW positions and 49 closed out — a net gain of 12 holders — while 126 added to existing stakes and 110 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $195M. The largest seller was Wellington Management Group, cutting an estimated $200M.
- 333 institutional investors held ServiceNow (NOW) as of Q2 2016, up from 324 in Q1 2016.
- Funds reported $10.5B of ServiceNow stock for Q2 2016, up 7.1% quarter-over-quarter.
- 61 funds opened new ServiceNow positions in Q2 2016 and 49 closed out, a net change of +12 holders.
- The largest ServiceNow buyer in Q2 2016 was Citadel Advisors, an estimated $195M added.
- The largest ServiceNow seller in Q2 2016 was Wellington Management Group, an estimated $200M sold.
Based on aggregated 13F filings for Q2 2016.