ServiceNow
NOW
652 hedge funds and large institutions have $31.4B invested in ServiceNow in 2018 Q4 according to their latest regulatory filings, with 121 funds opening new positions, 224 increasing their positions, 221 reducing their positions, and 92 closing their positions.
46% more funds holding in top 10
Funds holding in top 10: 26 → 38 (+12)
32% more first-time investments, than exits
New positions opened: 121 | Existing positions closed: 92
13% more ownership
Funds ownership: 478.16% → 491.15% (+13%)
4% more funds holding
Funds holding: 627 → 652 (+25)
3% more call options, than puts
Call options by funds: $469M | Put options by funds: $454M
1% more repeat investments, than reductions
Existing positions increased: 224 | Existing positions reduced: 221
6% less capital invested
Capital invested by funds: $33.3B → $31.4B (-$1.91B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$393M |
| 2 |
Jennison Associates
New York
|
+$315M |
| 3 |
BlackRock
New York
|
+$236M |
| 4 |
Capital World Investors
Los Angeles,
California
|
+$179M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
+$175M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
PointState Capital
New York
|
-$217M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$206M |
| 3 |
Renaissance Technologies
New York
|
-$132M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$121M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$113M |
NOW Hedge Fund Activity: Q4 2018 in Review
652 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2018, worth a combined $31.4B — down 5.7% from $33.3B a quarter earlier.
Buyers outnumbered sellers: 121 funds opened new NOW positions and 92 closed out — a net gain of 29 holders — while 224 added to existing stakes and 221 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $393M. The largest seller was PointState Capital, exiting entirely with an estimated $217M sold.
- 652 institutional investors held ServiceNow (NOW) as of Q4 2018, up from 627 in Q3 2018.
- Funds reported $31.4B of ServiceNow stock for Q4 2018, down 5.7% quarter-over-quarter.
- 121 funds opened new ServiceNow positions in Q4 2018 and 92 closed out, a net change of +29 holders.
- The largest ServiceNow buyer in Q4 2018 was Morgan Stanley, an estimated $393M added.
- The largest ServiceNow seller in Q4 2018 was PointState Capital, an estimated $217M sold.
Based on aggregated 13F filings for Q4 2018.