We are live on ! Find out more
NOW icon

ServiceNow

1,066 hedge funds and large institutions have $71.2B invested in ServiceNow in 2020 Q2 according to their latest regulatory filings, with 199 funds opening new positions, 469 increasing their positions, 300 reducing their positions, and 69 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more first-time investments, than exits

New positions opened: 199 | Existing positions closed: 69

56% more repeat investments, than reductions

Existing positions increased: 469 | Existing positions reduced: 300

39% more capital invested

Capital invested by funds: $51.2B → $71.2B (+$20.1B)

13% more funds holding

Funds holding: 9431,066 (+123)

5% more funds holding in top 10

Funds holding in top 10: 5558 (+3)

10.04% less ownership

Funds ownership: 470.47%460.43% (-10%)

25% less call options, than puts

Call options by funds: $1.46B | Put options by funds: $1.96B

Holders
1,066
Holders Change
+123
Holders Change %
+13.04%
% of All Funds
21.86%
Holding in Top 10
58
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+5.45%
% of All Funds
1.19%
New
199
Increased
469
Reduced
300
Closed
69
Calls
$1.46B
Puts
$1.96B
Net Calls
-$499M
Net Calls Change
-$79M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$6.59B -$37M -523,670 -0.6%
Vanguard Group
2
Vanguard Group
Pennsylvania
$6.33B +$58M +821,510 +1%
BlackRock
3
BlackRock
New York
$6.33B +$103M +1,465,040 +2%
State Street
4
State Street
Massachusetts
$3.16B +$43M +609,435 +2%
Morgan Stanley
5
Morgan Stanley
New York
$2.79B -$874M -12,381,010 -26%
Capital Research Global Investors
6
Capital Research Global Investors
California
$2.31B +$244M +3,457,210 +14%
Franklin Resources
7
Franklin Resources
California
$1.54B +$108M +1,527,660 +10%
Sands Capital Management
8
Sands Capital Management
Virginia
$1.52B -$49.4M -700,065 -4%
Capital International Investors
9
Capital International Investors
California
$1.47B +$2.68M +37,955 +0.2%
Polen Capital Management
10
Polen Capital Management
Florida
$1.39B +$106M +1,501,700 +10%
Fidelity Investments
11
Fidelity Investments
Massachusetts
$1.24B +$72.8M +1,031,600 +7%
Capital World Investors
12
Capital World Investors
California
$1.18B -$343M -4,852,585 -25%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$1.09B +$12.8M +180,575 +1%
N
14
Nuveen
North Carolina
$955M -$104M -1,474,255 -11%
Northern Trust
15
Northern Trust
Illinois
$916M +$31.4M +444,950 +4%
Wellington Management Group
16
Wellington Management Group
Massachusetts
$827M -$192M -2,717,490 -21%
Jennison Associates
17
Jennison Associates
New York
$826M -$134M -1,893,260 -16%
Bank of New York Mellon
18
Bank of New York Mellon
New York
$809M +$35.3M +499,675 +5%
JP Morgan Chase
19
JP Morgan Chase
New York
$808M -$181M -2,560,445 -20%
LPC
20
Lone Pine Capital
Connecticut
$725M +$148M +2,101,735 +31%
Norges Bank
21
Norges Bank
Norway
$704M -$43.6M -618,030 -7%
Ameriprise
22
Ameriprise
Minnesota
$661M -$51.9M -734,320 -8%
Massachusetts Financial Services
23
Massachusetts Financial Services
Massachusetts
$647M +$30.2M +427,195 +6%
Invesco
24
Invesco
Georgia
$645M +$6.38M +90,345 +1%
JSP
25
Jackson Square Partners
California
$599M +$4.81M +68,140 +0.9%

NOW Hedge Fund Activity: Q2 2020 in Review

1,066 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2020, worth a combined $71.2B — up 39% from $51.2B a quarter earlier.

Buyers outnumbered sellers: 199 funds opened new NOW positions and 69 closed out — a net gain of 130 holders — while 469 added to existing stakes and 300 trimmed.

The largest buyer was Capital Research Global Investors, adding an estimated $244M. The largest seller was Morgan Stanley, cutting an estimated $874M.

  • 1,066 institutional investors held ServiceNow (NOW) as of Q2 2020, up from 943 in Q1 2020.
  • Funds reported $71.2B of ServiceNow stock for Q2 2020, up 39% quarter-over-quarter.
  • 199 funds opened new ServiceNow positions in Q2 2020 and 69 closed out, a net change of +130 holders.
  • The largest ServiceNow buyer in Q2 2020 was Capital Research Global Investors, an estimated $244M added.
  • The largest ServiceNow seller in Q2 2020 was Morgan Stanley, an estimated $874M sold.

Based on aggregated 13F filings for Q2 2020.