ServiceNow
NOW
1,359 hedge funds and large institutions have $69.6B invested in ServiceNow in 2022 Q4 according to their latest regulatory filings, with 189 funds opening new positions, 524 increasing their positions, 486 reducing their positions, and 120 closing their positions.
58% more first-time investments, than exits
New positions opened: 189 | Existing positions closed: 120
3% more funds holding
Funds holding: 1,320 → 1,359 (+39)
1.55% more ownership
Funds ownership: 441.15% → 442.69% (+1.5%)
8% more repeat investments, than reductions
Existing positions increased: 524 | Existing positions reduced: 486
3% more capital invested
Capital invested by funds: $67.4B → $69.6B (+$2.19B)
3% less funds holding in top 10
Funds holding in top 10: 60 → 58 (-2)
12% less call options, than puts
Call options by funds: $1.14B | Put options by funds: $1.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
+$287M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$284M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$219M |
| 4 |
Polen Capital Management
Boca Raton,
Florida
|
+$195M |
| 5 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$147M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$359M |
| 2 |
Tiger Global Management
New York
|
-$346M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
-$283M |
| 4 |
Edgewood Management
Greenwich,
Connecticut
|
-$190M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$128M |
NOW Hedge Fund Activity: Q4 2022 in Review
1,359 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q4 2022, worth a combined $69.6B — up 3.2% from $67.4B a quarter earlier.
Buyers outnumbered sellers: 189 funds opened new NOW positions and 120 closed out — a net gain of 69 holders — while 524 added to existing stakes and 486 trimmed.
The largest buyer was Winslow Capital Management, adding an estimated $287M. The largest seller was GQG Partners, cutting an estimated $359M.
- 1,359 institutional investors held ServiceNow (NOW) as of Q4 2022, up from 1,320 in Q3 2022.
- Funds reported $69.6B of ServiceNow stock for Q4 2022, up 3.2% quarter-over-quarter.
- 189 funds opened new ServiceNow positions in Q4 2022 and 120 closed out, a net change of +69 holders.
- The largest ServiceNow buyer in Q4 2022 was Winslow Capital Management, an estimated $287M added.
- The largest ServiceNow seller in Q4 2022 was GQG Partners, an estimated $359M sold.
Based on aggregated 13F filings for Q4 2022.