ServiceNow
NOW
780 hedge funds and large institutions have $44.1B invested in ServiceNow in 2019 Q3 according to their latest regulatory filings, with 102 funds opening new positions, 293 increasing their positions, 275 reducing their positions, and 94 closing their positions.
34% more call options, than puts
Call options by funds: $1.62B | Put options by funds: $1.21B
9% more first-time investments, than exits
New positions opened: 102 | Existing positions closed: 94
7% more repeat investments, than reductions
Existing positions increased: 293 | Existing positions reduced: 275
0% more funds holding
Funds holding: 779 → 780 (+1)
4.85% less ownership
Funds ownership: 468.14% → 463.29% (-4.9%)
7% less capital invested
Capital invested by funds: $47.5B → $44.1B (-$3.42B)
22% less funds holding in top 10
Funds holding in top 10: 51 → 40 (-11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Viking Global Investors
Stamford,
Connecticut
|
+$481M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
+$228M |
| 3 |
Morgan Stanley
New York
|
+$201M |
| 4 |
MCM
Melvin Capital Management
New York
|
+$194M |
| 5 |
JCAM
Jericho Capital Asset Management
New York
|
+$142M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
-$619M |
| 2 |
Sands Capital Management
Arlington,
Virginia
|
-$237M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$168M |
| 4 |
Jennison Associates
New York
|
-$164M |
| 5 |
JP Morgan Chase
New York
|
-$151M |
NOW Hedge Fund Activity: Q3 2019 in Review
780 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q3 2019, worth a combined $44.1B — down 7.2% from $47.5B a quarter earlier.
Buyers outnumbered sellers: 102 funds opened new NOW positions and 94 closed out — a net gain of 8 holders — while 293 added to existing stakes and 275 trimmed.
The largest buyer was Viking Global Investors, opening a new position worth an estimated $481M. The largest seller was Capital World Investors, cutting an estimated $619M.
- 780 institutional investors held ServiceNow (NOW) as of Q3 2019, up from 779 in Q2 2019.
- Funds reported $44.1B of ServiceNow stock for Q3 2019, down 7.2% quarter-over-quarter.
- 102 funds opened new ServiceNow positions in Q3 2019 and 94 closed out, a net change of +8 holders.
- The largest ServiceNow buyer in Q3 2019 was Viking Global Investors, an estimated $481M added.
- The largest ServiceNow seller in Q3 2019 was Capital World Investors, an estimated $619M sold.
Based on aggregated 13F filings for Q3 2019.