ServiceNow
NOW
463 hedge funds and large institutions have $22.9B invested in ServiceNow in 2017 Q4 according to their latest regulatory filings, with 89 funds opening new positions, 150 increasing their positions, 158 reducing their positions, and 47 closing their positions.
89% more first-time investments, than exits
New positions opened: 89 | Existing positions closed: 47
12% more capital invested
Capital invested by funds: $20.5B → $22.9B (+$2.38B)
9% more funds holding
Funds holding: 425 → 463 (+38)
6% more funds holding in top 10
Funds holding in top 10: 17 → 18 (+1)
5% less repeat investments, than reductions
Existing positions increased: 150 | Existing positions reduced: 158
5% less call options, than puts
Call options by funds: $170M | Put options by funds: $180M
5.47% less ownership
Funds ownership: 513.42% → 507.95% (-5.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$868M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$136M |
| 3 |
MWNA
Marshall Wace North America
New York
|
+$81.3M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$69.8M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$69.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$271M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$267M |
| 3 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
-$144M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$106M |
| 5 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$91.3M |
NOW Hedge Fund Activity: Q4 2017 in Review
463 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2017, worth a combined $22.9B — up 12% from $20.5B a quarter earlier.
Buyers outnumbered sellers: 89 funds opened new NOW positions and 47 closed out — a net gain of 42 holders — while 150 added to existing stakes and 158 trimmed.
The largest buyer was Capital World Investors, adding an estimated $868M. The largest seller was Morgan Stanley, cutting an estimated $271M.
- 463 institutional investors held ServiceNow (NOW) as of Q4 2017, up from 425 in Q3 2017.
- Funds reported $22.9B of ServiceNow stock for Q4 2017, up 12% quarter-over-quarter.
- 89 funds opened new ServiceNow positions in Q4 2017 and 47 closed out, a net change of +42 holders.
- The largest ServiceNow buyer in Q4 2017 was Capital World Investors, an estimated $868M added.
- The largest ServiceNow seller in Q4 2017 was Morgan Stanley, an estimated $271M sold.
Based on aggregated 13F filings for Q4 2017.