LongNOWSep 2026
ServiceNow
ClearBridge added to its existing ServiceNow position as software stocks began recovering from relative weakness. The investment reflects the managers' willingness to expand…
NOW
Which hedge funds are long NOW?
6 published ideas on ServiceNow across 6 funds — 6 long and 0 short.
ServiceNow hedge fund investment theses
Each stock pitch below comes from a fund manager's own investor letter, not a 13F filing, so it carries the reasoning behind the portfolio position on ServiceNow: the full investment thesis, the risks the manager flagged, the conviction level and the time horizon. Positions may have changed since the letter was written.
Funds with a position view
Long theses
LongNOWSep 2026
ServiceNow, Inc.
Polen regards ServiceNow as an example of an established software franchise that can benefit from generative AI rather than be displaced by it. The company delivered strong…
LongNOWSep 2026
ServiceNow
ROCKLINC believes the market is mispricing ServiceNow despite the resilience of its enterprise software franchise. The letter stresses that durable competitive advantages and the…
LongNOWAug 2026
ServiceNow, Inc.
ServiceNow rebounded after being treated as a potential AI casualty, but the fund sees evidence that AI is instead accelerating growth. Second-quarter results were strong…
LongNOWJun 2026
ServiceNow
ServiceNow provides cloud-based workflow and business-management software and remains strategically embedded in customer processes. The stock has been pressured by fears that AI…
LongNOWJun 2026
ServiceNow, Inc.
Lakehouse believes fears that AI and vibe coding will destroy deeply embedded enterprise software platforms are too broad. ServiceNow's value lies not simply in its user…