SERVICENOW INC NOW
COM · Common Stock · CUSIP 81762P102 · ISIN US81762P1021
American technology company
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSanta Clara, CA
- Founded2004
- Websiteservicenow.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($392.2m this quarter). Holder counts are more reliable. Shares outstanding: 204.3m as of 2023-06-30, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $561.12. Options: 48 managers hold calls ($1.7bn notional), 48 hold puts ($1.6bn).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,321 |
| Q4 2022 | 1,359 |
| Q1 2023 | 1,410 |
| Q2 2023 | 1,503 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 642 | 607 |
| Q1 2023 | 788 | 526 |
| Q2 2023 | 782 | 581 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $999.8m | $1.3bn | 1.25 |
| Q4 2022 | $1.1bn | $1.3bn | 1.14 |
| Q1 2023 | $1.3bn | $1.3bn | 0.98 |
| Q2 2023 | $1.7bn | $1.6bn | 0.93 |
Biggest buyers
| JENNISON ASSOCIATES LLC | New | +2.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +844.1k |
| Swedbank AB | Added | +392.1k |
| 1832 Asset Management L.P. | Added | +381.8k |
| ALLIANCEBERNSTEIN L.P. | Added | +347.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +338.2k |
| AXIOM INVESTORS LLC /DE | Added | +263.7k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | New | +256.4k |
| VANGUARD GROUP INC | Added | +232.2k |
| JANE STREET GROUP, LLC | Added | +181.8k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.6m |
| FMR LLC | Reduced | -1.1m |
| STRS OHIO | Reduced | -835.4k |
| WCM INVESTMENT MANAGEMENT, LLC | Sold out | -461.2k |
| D. E. Shaw & Co., Inc. | Reduced | -423.0k |
| BlackRock Inc. | Reduced | -418.9k |
| GOLDMAN SACHS GROUP INC | Reduced | -418.3k |
| Nuveen Asset Management, LLC | Reduced | -414.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -344.5k |
| Stockbridge Partners LLC | Reduced | -333.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $373.2m664.1k shares |
| CITADEL ADVISORS LLC | Reduced | $265.4m472.3k shares |
| JPMORGAN CHASE & CO | Added | $214.5m381.7k shares |
| SIMPLEX TRADING, LLC | Added | $110.8m197.1k shares |
| PEAK6 Investments LLC | Added | $108.1m192.3k shares |
| Twin Tree Management, LP | Added | $84.0m149.5k shares |
| JANE STREET GROUP, LLC | Reduced | $83.0m147.7k shares |
| D. E. Shaw & Co., Inc. | Added | $77.6m138.1k shares |
| IMC-Chicago, LLC | Reduced | $53.8m95.7k shares |
| Walleye Trading LLC | Added | $49.5m88.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $409.3m728.4k shares |
| MILLENNIUM MANAGEMENT LLC | Added | $210.6m374.8k shares |
| CITADEL ADVISORS LLC | Reduced | $205.2m365.1k shares |
| JANE STREET GROUP, LLC | Reduced | $133.2m237.1k shares |
| SIMPLEX TRADING, LLC | Reduced | $79.6m141.6k shares |
| IMC-Chicago, LLC | Added | $73.7m131.2k shares |
| Twin Tree Management, LP | New | $64.6m115.0k shares |
| WOLVERINE TRADING, LLC | Added | $44.0m80.2k shares |
| Eisler Capital (UK) Ltd. | Reduced | $39.7m70.7k shares |
| Walleye Trading LLC | Added | $31.7m56.4k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-05 | 8.9% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 1 | $2.0m | 4 | $38.2m | — |
| Q1 2022 | 0 | — | 8 | $30.5m | — |
| Q2 2022 | 0 | — | 8 | $15.5m | — |
| Q3 2022 | 0 | — | 9 | $18.8m | — |
| Q4 2022 | 0 | — | 5 | $9.3m | — |
| Q1 2023 | 0 | — | 7 | $31.3m | $1.2m |
| Q2 2023 | 0 | — | 13 | $19.1m | $9.6m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-02 | LUDDY FREDERIC B Director | Sold plan | $360.4k660 shares |
| 2023-06-02 | Briggs Teresa Director | Sold plan | $180.2k330 shares |
| 2023-06-01 | Bedi Christopher Chief Digital Information Ofc | Sold plan | $534.8k1.0k shares |
| 2023-05-30 | Mastantuono Gina Chief Financial Officer | Sold plan | $1.2m2.1k shares |
| 2023-05-25 | Desai Chirantan Jitendra President & COO | Sold | $7.0m13.0k shares |
| 2023-05-25 | Smith Paul John Chief Commercial Officer | Sold | $249.3k467 shares |
| 2023-05-25 | Canney Jacqueline P Chief People Officer | Sold | $199.6k375 shares |
| 2023-05-23 | McBride Kevin Thomas Principal Accounting Officer | Sold | $75.1k148 shares |
| 2023-05-22 | Caimi Lara Chief Custmr Ofc-GM Impact Svc | Sold | $137.2k267 shares |
| 2023-05-18 | Mastantuono Gina Chief Financial Officer | Sold plan | $2.1m4.3k shares |
| 2023-05-18 | Bedi Christopher Chief Digital Information Ofc | Sold plan | $944.0k1.9k shares |
| 2023-05-18 | Smith Paul John Chief Commercial Officer | Sold | $308.3k616 shares |
| 2023-05-18 | ELMER RUSSELL S General Counsel | Sold plan | $45.5k91 shares |
| 2023-05-15 | Bedi Christopher Chief Digital Information Ofc | Sold plan | $509.1k1.1k shares |
| 2023-05-15 | Smith Paul John Chief Commercial Officer | Sold | $58.5k128 shares |
| 2023-05-15 | ELMER RUSSELL S General Counsel | Sold plan | $31.3k69 shares |
| 2023-05-10 | Chamberlain Paul Edward Director | Sold plan | $40.4k90 shares |
| 2023-05-08 | ELMER RUSSELL S General Counsel | Sold plan | $24.0k55 shares |
| 2023-05-08 | Smith Paul John Chief Commercial Officer | Sold | $16.4k38 shares |
| 2023-05-08 | Bedi Christopher Chief Digital Information Ofc | Sold plan | $7.4k17 shares |
| 2023-05-04 | Tzitzon Nicholas Chief Strat & Corp Affairs Ofc | Sold | $496.7k1.1k shares |
| 2023-05-01 | ELMER RUSSELL S General Counsel | Sold plan | $3.6m7.8k shares |
| 2023-05-01 | Canney Jacqueline P Chief People Officer | Sold | $399.6k886 shares |
| 2023-04-28 | Sands Anita M Director | Sold | $604.6k1.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.23% of their portfolio | 17.6m $9.9bn | Added +232.2k |
| BlackRock Inc. 0.23% of their portfolio | 15.1m $8.5bn | Reduced -418.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.80% of their portfolio | 10.3m $5.8bn | Reduced -1.6m |
| STATE STREET CORP 0.24% of their portfolio | 8.2m $4.6bn | Added +158.2k |
| MORGAN STANLEY 0.39% of their portfolio | 7.1m $4.0bn | Added +1.0k |
| POLEN CAPITAL MANAGEMENT LLC 5.87% of their portfolio | 4.2m $2.4bn | Reduced -197.8k |
| Capital International Investors 0.55% of their portfolio | 4.1m $2.3bn | Added +126.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.24% of their portfolio | 3.7m $2.1bn | Added +112.5k |
| FMR LLC 0.16% of their portfolio | 3.4m $1.9bn | Reduced -1.1m |
| Capital Research Global Investors 0.52% of their portfolio | 3.4m $1.9bn | Reduced -289.0k |
| FRANKLIN RESOURCES INC 0.86% of their portfolio | 3.2m $1.8bn | Added +1.4k |
| BANK OF AMERICA CORP /DE/ 0.22% of their portfolio | 3.2m $1.8bn | Reduced -144.7k |
| EDGEWOOD MANAGEMENT LLC 5.49% of their portfolio | 3.2m $1.8bn | Reduced -140.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.26% of their portfolio | 2.4m $1.4bn | Added +844.1k |
| NORGES BANK 0.26% of their portfolio | 2.4m $1.3bn | Added +64.4k |
| BROWN ADVISORY INC 1.95% of their portfolio | 2.2m $1.2bn | Reduced -16.5k |
| SANDS CAPITAL MANAGEMENT, LLC 3.85% of their portfolio | 2.2m $1.2bn | Reduced -168.4k |
| Nuveen Asset Management, LLC 0.43% of their portfolio | 2.2m $1.2bn | Reduced -414.7k |
| NORTHERN TRUST CORP 0.23% of their portfolio | 2.2m $1.2bn | Reduced -65.2k |
| ALLIANCEBERNSTEIN L.P. 0.49% of their portfolio | 2.1m $1.2bn | Added +347.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.39% of their portfolio | 2.1m $1.2bn | Added +338.2k |
| JPMORGAN CHASE & CO 0.13% of their portfolio | 2.1m $1.2bn | Added +56.8k |
| JENNISON ASSOCIATES LLC 0.92% of their portfolio | 2.0m $1.1bn | New |
| Bank of New York Mellon Corp 0.20% of their portfolio | 1.7m $951.7m | Reduced -41.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.95% of their portfolio | 1.6m $922.1m | Reduced -279.2k |
| Invesco Ltd. 0.24% of their portfolio | 1.6m $908.4m | Reduced -66.9k |
| GQG Partners LLC 1.98% of their portfolio | 1.5m $859.5m | Reduced -6.8k |
| Winslow Capital Management, LLC 3.60% of their portfolio | 1.4m $801.0m | Reduced -63.1k |
| GOLDMAN SACHS GROUP INC 0.20% of their portfolio | 1.4m $777.9m | Reduced -418.3k |
| Legal & General Group Plc 0.25% of their portfolio | 1.4m $772.8m | Added +14.4k |
| Fisher Asset Management, LLC 0.43% of their portfolio | 1.4m $770.3m | Added +64.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.30% of their portfolio | 1.3m $615.4m | Unchanged |
| Swedbank AB 1.14% of their portfolio | 1.1m $643.6m | Added +392.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.97% of their portfolio | 1.1m $620.3m | Added +144.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.18% of their portfolio | 1.1m $616.3m | Added +13.6k |
| ROYAL BANK OF CANADA 0.16% of their portfolio | 1.0m $584.1m | Added +45.6k |
| SCGE MANAGEMENT, L.P. 13.09% of their portfolio | 988.0k $555.2m | Unchanged |
| BARCLAYS PLC 0.34% of their portfolio | 944.2k $530.6m | Added +128.0k |
| AMERIPRISE FINANCIAL INC 0.16% of their portfolio | 897.0k $504.1m | Reduced -27.2k |
| NEUBERGER BERMAN GROUP LLC 0.42% of their portfolio | 846.2k $471.1m | Reduced -68.2k |
| WELLS FARGO & COMPANY/MN 0.13% of their portfolio | 805.0k $452.4m | Added +50.8k |
| TD Asset Management Inc 0.50% of their portfolio | 783.4k $440.3m | Reduced -100.1k |
| 1832 Asset Management L.P. 0.82% of their portfolio | 747.6k $420.2m | Added +381.8k |
| Swiss National Bank 0.28% of their portfolio | 735.9k $413.6m | Reduced -67.3k |
| Amundi 0.21% of their portfolio | 728.2k $409.9m | Reduced -117.6k |
| AXIOM INVESTORS LLC /DE 6.09% of their portfolio | 727.8k $409.0m | Added +263.7k |
| Sustainable Growth Advisers, LP 1.81% of their portfolio | 677.8k $380.9m | Added +36.4k |
| DEUTSCHE BANK AG\ 0.19% of their portfolio | 649.5k $365.0m | Reduced -95.2k |
| JANUS HENDERSON GROUP PLC 0.22% of their portfolio | 642.9k $361.3m | Reduced -76.7k |
| VONTOBEL ASSET MANAGEMENT INC 2.51% of their portfolio | 631.8k $378.6m | Reduced -24.2k |
| TIGER GLOBAL MANAGEMENT LLC 2.91% of their portfolio | 620.6k $348.8m | Reduced -188.3k |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 4.24% of their portfolio | 572.5k $321.7m | Unchanged |
| TCW GROUP INC 3.52% of their portfolio | 564.3k $317.1m | Added +17.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.25% of their portfolio | 560.9k $315.2m | Reduced -78.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.14% of their portfolio | 557.0k $313.0m | Added +8.2k |
| Ensign Peak Advisors, Inc 0.63% of their portfolio | 550.4k $309.3m | Added +34.8k |
| SEI INVESTMENTS CO 0.54% of their portfolio | 546.6k $307.2m | Added +28.2k |
| Hyperion Asset Management Ltd 13.49% of their portfolio | 533.6k $299.8m | Added +2.5k |
| CREDIT SUISSE AG/ 0.28% of their portfolio | 507.0k $284.9m | Added +40.7k |
| FARALLON CAPITAL MANAGEMENT, L.L.C. 1.67% of their portfolio | 497.1k $279.3m | Reduced -202.6k |
| UBS Group AG 0.11% of their portfolio | 467.9k $262.9m | Added +98.3k |
| AMERICAN CENTURY COMPANIES INC 0.19% of their portfolio | 448.4k $252.0m | Reduced -28.9k |
| NORDEA INVESTMENT MANAGEMENT AB 0.33% of their portfolio | 432.5k $242.0m | Reduced -9.3k |
| AXA S.A. 0.80% of their portfolio | 430.3k $241.8m | Added +36.7k |
| LORD, ABBETT & CO. LLC 0.41% of their portfolio | 426.9k $239.9m | Added +62.4k |
| PICTET ASSET MANAGEMENT SA 0.28% of their portfolio | 420.1k $236.1m | Added +4.9k |
| STIFEL FINANCIAL CORP 0.32% of their portfolio | 417.0k $234.4m | Added +54.1k |
| DekaBank Deutsche Girozentrale 0.49% of their portfolio | 401.4k $219.5m | Added +16.8k |
| TORONTO DOMINION BANK 0.16% of their portfolio | 391.5k $219.8m | Added +171.2k |
| Allspring Global Investments Holdings, LLC 0.35% of their portfolio | 389.3k $218.8m | Reduced -6.0k |
| HSBC HOLDINGS PLC 0.23% of their portfolio | 385.3k $216.8m | Added +102.9k |
| RHUMBLINE ADVISERS 0.24% of their portfolio | 382.0k $214.6m | Added +8.3k |
| Stockbridge Partners LLC 4.30% of their portfolio | 374.7k $210.6m | Reduced -333.7k |
| California Public Employees Retirement System 0.18% of their portfolio | 374.0k $210.2m | Reduced -16.2k |
| Railway Pension Investments Ltd 2.04% of their portfolio | 364.6k $204.9m | Unchanged |
| STRS OHIO 0.86% of their portfolio | 363.2k $204.1m | Reduced -835.4k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.82% of their portfolio | 361.9k $203.4m | Added +39.2k |
| PRUDENTIAL FINANCIAL INC 0.29% of their portfolio | 353.4k $198.6m | Reduced -48.4k |
| Thrivent Financial for Lutherans 0.44% of their portfolio | 344.2k $193.4m | Reduced -37.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.24% of their portfolio | 340.2k $191.2m | Reduced -2.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.27% of their portfolio | 336.0k $188.8m | Reduced -5.1k |
| National Pension Service 0.28% of their portfolio | 316.9k $173.7m | Added +14.1k |
| BESSEMER GROUP INC 0.38% of their portfolio | 315.0k $177.0m | Reduced -2.6k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 1.89% of their portfolio | 314.6k $176.8m | Reduced -4.6k |
| Harding Loevner LP 1.03% of their portfolio | 314.6k $176.8m | Reduced -60.6k |
| Manning & Napier Group, LLC 2.00% of their portfolio | 312.0k $175.3m | Reduced -18.7k |
| WESTFIELD CAPITAL MANAGEMENT CO LP 1.11% of their portfolio | 311.4k $175.0m | Reduced -5.9k |
| Russell Investments Group, Ltd. 0.33% of their portfolio | 308.9k $173.3m | Added +58.1k |
| Polar Capital Holdings Plc 1.18% of their portfolio | 307.0k $172.5m | Reduced -95.1k |
| BLAIR WILLIAM & CO/IL 0.63% of their portfolio | 306.9k $172.5m | Reduced -6.1k |
| CI INVESTMENTS INC. 0.86% of their portfolio | 302.9k $170.2m | Added +135.1k |
| RGM Capital, LLC 7.48% of their portfolio | 298.5k $167.7m | Added +6.5k |
| BANK OF MONTREAL /CAN/ 0.06% of their portfolio | 297.5k $169.9m | Added +83.8k |
| Sarasin & Partners LLP 1.94% of their portfolio | 297.1k $167.0m | Reduced -133.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.11% of their portfolio | 291.2k $163.7m | Reduced -436 |
| VAN ECK ASSOCIATES CORP 0.35% of their portfolio | 286.5k $161.0m | Reduced -173.8k |
| RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio | 284.3k $159.8m | Added +22.1k |
| Clearbridge Investments, LLC 0.14% of their portfolio | 270.6k $152.1m | Added +38.1k |
| KBC Group NV 0.61% of their portfolio | 264.3k $148.5m | Added +74.0k |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC 0.46% of their portfolio | 256.4k $144.1m | New |