ServiceNow
NOW
1,273 hedge funds and large institutions have $95.3B invested in ServiceNow in 2021 Q2 according to their latest regulatory filings, with 139 funds opening new positions, 549 increasing their positions, 413 reducing their positions, and 116 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 549 | Existing positions reduced: 413
20% more first-time investments, than exits
New positions opened: 139 | Existing positions closed: 116
10% more capital invested
Capital invested by funds: $86.5B → $95.3B (+$8.88B)
7% more funds holding in top 10
Funds holding in top 10: 44 → 47 (+3)
1% more funds holding
Funds holding: 1,265 → 1,273 (+8)
1.69% less ownership
Funds ownership: 440.86% → 439.17% (-1.7%)
15% less call options, than puts
Call options by funds: $2.2B | Put options by funds: $2.58B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$502M |
| 2 |
Viking Global Investors
Stamford,
Connecticut
|
+$294M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$286M |
| 4 |
FCM
Farallon Capital Management
San Francisco,
California
|
+$265M |
| 5 |
WT
Wellcome Trust
London,
United Kingdom
|
+$232M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$521M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$351M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$317M |
| 4 |
BlackRock
New York
|
-$304M |
| 5 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$248M |
NOW Hedge Fund Activity: Q2 2021 in Review
1,273 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q2 2021, worth a combined $95.3B — up 10% from $86.5B a quarter earlier.
Buyers outnumbered sellers: 139 funds opened new NOW positions and 116 closed out — a net gain of 23 holders — while 549 added to existing stakes and 413 trimmed.
The largest buyer was Lone Pine Capital, adding an estimated $502M. The largest seller was Jennison Associates, exiting entirely with an estimated $521M sold.
- 1,273 institutional investors held ServiceNow (NOW) as of Q2 2021, up from 1,265 in Q1 2021.
- Funds reported $95.3B of ServiceNow stock for Q2 2021, up 10% quarter-over-quarter.
- 139 funds opened new ServiceNow positions in Q2 2021 and 116 closed out, a net change of +23 holders.
- The largest ServiceNow buyer in Q2 2021 was Lone Pine Capital, an estimated $502M added.
- The largest ServiceNow seller in Q2 2021 was Jennison Associates, an estimated $521M sold.
Based on aggregated 13F filings for Q2 2021.