Cliff Asness's NOW Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.86 M shares of ServiceNow, Inc. (NOW) worth $343.07 M, representing 0.22% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 52 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in NOW, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2025, adding 1.25 M shares. Largest reduction occurred in Q3 2019, reducing 1.04 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's ServiceNow (NOW) Holding Value Over Time
Track share changes against reported price movement
Quarterly ServiceNow (NOW) Trades by Cliff Asness
| Period | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2012 | +15,901 | Add 0.00% | 79,500 | $6.00 |
| Q3 2013 | +16,109 | New Buy | 80,545 | $10.39 |
| Q4 2013 | +90,430 | Add 112.27% | 170,975 | $11.20 |
| Q1 2014 | +284,000 | Add 166.11% | 454,975 | $11.98 |
| Q2 2014 | -191,000 | Reduce 41.98% | 263,975 | $12.39 |
| Q3 2014 | +500 | Add 0.19% | 264,475 | $11.76 |
| Q4 2014 | -84,850 | Reduce 32.08% | 179,625 | $13.57 |
| Q1 2015 | -52,000 | Reduce 28.95% | 127,625 | $15.76 |
| Q2 2015 | +43,475 | Add 34.06% | 171,100 | $14.86 |
| Q3 2015 | +133,950 | Add 78.29% | 305,050 | $13.89 |
| Q4 2015 | +470,740 | Add 154.32% | 775,790 | $17.31 |
| Q1 2016 | -535,805 | Reduce 69.07% | 239,985 | $12.23 |
| Q2 2016 | -49,765 | Reduce 20.74% | 190,220 | $13.28 |
| Q3 2016 | +785 | Add 0.41% | 191,005 | $15.83 |
| Q4 2016 | -25,285 | Reduce 13.24% | 165,720 | $14.87 |
| Q1 2017 | +73,590 | Add 44.41% | 239,310 | $17.49 |
| Q2 2017 | +44,025 | Add 18.40% | 283,335 | $21.20 |
| Q3 2017 | +55,665 | Add 19.65% | 339,000 | $23.51 |
| Q1 2018 | +6,550 | Add 1.93% | 345,550 | $33.09 |
| Q2 2018 | +19,935 | Add 5.77% | 365,485 | $34.49 |
| Q3 2018 | +20,465 | Add 5.60% | 385,950 | $39.13 |
| Q4 2018 | -4,300 | Reduce 1.11% | 381,650 | $35.61 |
| Q1 2019 | +6,700 | Add 1.76% | 388,350 | $49.30 |
| Q2 2019 | +951,865 | Add 245.10% | 1.34 M | $54.91 |
| Q3 2019 | -1.04 M | Reduce 77.53% | 301,120 | $50.77 |
| Q4 2019 | +149,730 | Add 49.72% | 450,850 | $56.46 |
| Q1 2020 | -224,500 | Reduce 49.79% | 226,350 | $57.31 |
| Q2 2020 | +87,375 | Add 38.60% | 313,725 | $79.60 |
| Q3 2020 | +29,520 | Add 9.41% | 343,245 | $97.00 |
| Q4 2020 | +178,515 | Add 52.01% | 521,760 | $109.21 |
| Q1 2021 | -99,855 | Reduce 19.14% | 421,905 | $99.93 |
| Q2 2021 | +29,360 | Add 6.96% | 451,265 | $109.91 |
| Q3 2021 | -207,640 | Reduce 46.01% | 243,625 | $124.38 |
| Q4 2021 | -33,200 | Reduce 13.63% | 210,425 | $129.82 |
| Q1 2022 | +9,475 | Add 4.50% | 219,900 | $111.38 |
| Q2 2022 | +38,030 | Add 17.29% | 257,930 | $92.36 |
| Q3 2022 | +86,240 | Add 33.44% | 344,170 | $75.52 |
| Q4 2022 | -27,785 | Reduce 8.07% | 316,385 | $77.46 |
| Q1 2023 | -60,370 | Reduce 19.08% | 256,015 | $90.02 |
| Q2 2023 | -18,440 | Reduce 7.20% | 237,575 | $111.90 |
| Q3 2023 | +113,260 | Add 47.67% | 350,835 | $111.79 |
| Q4 2023 | +123,040 | Add 35.07% | 473,875 | $141.30 |
| Q1 2024 | +240,425 | Add 50.74% | 714,300 | $152.48 |
| Q2 2024 | +66,835 | Add 9.36% | 781,135 | $155.38 |
| Q3 2024 | +17,720 | Add 2.27% | 798,855 | $176.32 |
| Q4 2024 | +323,685 | Add 40.52% | 1.12 M | $212.02 |
| Q1 2025 | +1.25 M | Add 110.95% | 2.37 M | $153.12 |
| Q2 2025 | +78,680 | Add 3.32% | 2.45 M | $205.18 |
| Q3 2025 | -582,780 | Reduce 23.82% | 1.86 M | $184.06 |
Cliff Asness's ServiceNow Investment FAQs
Cliff Asness first purchased ServiceNow, Inc. (NOW) in Q4 2012, acquiring 79,500 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held ServiceNow, Inc. (NOW) for 52 quarters since Q4 2012. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's largest addition to ServiceNow, Inc. (NOW) was in Q1 2025, adding 2,368,045 shares worth $362.6 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,863,945 shares of ServiceNow, Inc. (NOW), valued at approximately $343.07 M. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
As of the Q3 2025 filing, ServiceNow, Inc. (NOW) represents approximately 0.22% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness's peak holding in ServiceNow, Inc. (NOW) was 2,446,725 shares, as reported at the end of Q2 2025. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.