ServiceNow
NOW
627 hedge funds and large institutions have $33.3B invested in ServiceNow in 2018 Q3 according to their latest regulatory filings, with 119 funds opening new positions, 232 increasing their positions, 197 reducing their positions, and 40 closing their positions.
198% more first-time investments, than exits
New positions opened: 119 | Existing positions closed: 40
37% more funds holding in top 10
Funds holding in top 10: 19 → 26 (+7)
18% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 197
13% more funds holding
Funds holding: 553 → 627 (+74)
13% more capital invested
Capital invested by funds: $29.5B → $33.3B (+$3.74B)
7% more call options, than puts
Call options by funds: $369M | Put options by funds: $346M
6.5% less ownership
Funds ownership: 484.66% → 478.16% (-6.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$465M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$426M |
| 3 |
Morgan Stanley
New York
|
+$236M |
| 4 |
Goldman Sachs
New York
|
+$146M |
| 5 |
TCIM
TIAA CREF Investment Management
New York
|
+$132M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$1.19B |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
-$464M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$402M |
| 4 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$210M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$181M |
NOW Hedge Fund Activity: Q3 2018 in Review
627 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2018, worth a combined $33.3B — up 13% from $29.5B a quarter earlier.
Buyers outnumbered sellers: 119 funds opened new NOW positions and 40 closed out — a net gain of 79 holders — while 232 added to existing stakes and 197 trimmed.
The largest buyer was Capital International Investors, opening a new position worth an estimated $465M. The largest seller was Capital World Investors, cutting an estimated $1.19B.
- 627 institutional investors held ServiceNow (NOW) as of Q3 2018, up from 553 in Q2 2018.
- Funds reported $33.3B of ServiceNow stock for Q3 2018, up 13% quarter-over-quarter.
- 119 funds opened new ServiceNow positions in Q3 2018 and 40 closed out, a net change of +79 holders.
- The largest ServiceNow buyer in Q3 2018 was Capital International Investors, an estimated $465M added.
- The largest ServiceNow seller in Q3 2018 was Capital World Investors, an estimated $1.19B sold.
Based on aggregated 13F filings for Q3 2018.