ServiceNow
NOW
2,212 hedge funds and large institutions have $90.5B invested in ServiceNow in 2026 Q1 according to their latest regulatory filings, with 296 funds opening new positions, 1,042 increasing their positions, 745 reducing their positions, and 374 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 1,042 | Existing positions reduced: 745
10% less call options, than puts
Call options by funds: $3.46B | Put options by funds: $3.84B
3.57% less ownership
Funds ownership: 86.2% → 82.63% (-3.6%)
5% less funds holding
Funds holding: 2,325 → 2,212 (-113)
21% less first-time investments, than exits
New positions opened: 296 | Existing positions closed: 374
35% less capital invested
Capital invested by funds: $138B → $90.5B (-$47.9B)
35% less funds holding in top 10
Funds holding in top 10: 51 → 33 (-18)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Amundi
Paris,
France
|
+$511M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$442M |
| 3 |
Two Sigma Investments
New York
|
+$356M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$333M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$301M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
-$984M |
| 2 |
Capital International Investors
Los Angeles,
California
|
-$921M |
| 3 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$833M |
| 4 |
JP Morgan Chase
New York
|
-$807M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$686M |
NOW Hedge Fund Activity: Q1 2026 in Review
2,212 of the 8,207 institutional investors tracked by Wall St. Rank reported a position in ServiceNow (NOW) for Q1 2026, worth a combined $90.5B — down 35% from $138B a quarter earlier.
Sellers outnumbered buyers: 374 funds closed out of NOW and 296 opened new positions — a net loss of 78 holders — while 745 trimmed existing stakes and 1,042 added.
The largest buyer was Amundi, adding an estimated $511M. The largest seller was Jennison Associates, cutting an estimated $984M.
- 2,212 institutional investors held ServiceNow (NOW) as of Q1 2026, down from 2,325 in Q4 2025.
- Funds reported $90.5B of ServiceNow stock for Q1 2026, down 35% quarter-over-quarter.
- 296 funds opened new ServiceNow positions in Q1 2026 and 374 closed out, a net change of -78 holders.
- The largest ServiceNow buyer in Q1 2026 was Amundi, an estimated $511M added.
- The largest ServiceNow seller in Q1 2026 was Jennison Associates, an estimated $984M sold.
Based on aggregated 13F filings for Q1 2026.