Montgomery Investment Management Inc. Boosts ServiceNow Stake by 400%

The investment firm significantly increased its position in the cloud computing company during Q4 2025.

Apr. 2, 2026 at 11:13am

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Montgomery Investment Management Inc. lifted its position in ServiceNow, Inc. (NYSE:NOW) by 400% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund now owns 25,105 shares of the information technology services provider's stock, up from 5,021 shares previously.

Why it matters

This sizable increase in Montgomery Investment Management's ServiceNow holdings suggests the firm sees significant growth potential in the cloud computing company. ServiceNow's software and platform services are widely used by enterprises to manage digital workflows and automate business processes.

The details

Montgomery Investment Management Inc. now owns approximately 1.4% of ServiceNow's outstanding shares, making it the 21st largest position in the firm's portfolio. The investment firm acquired an additional 20,084 shares of ServiceNow during the fourth quarter, bringing its total position to $3.85 million.

  • Montgomery Investment Management Inc. filed its Q4 2025 13F report on April 2, 2026.

The players

Montgomery Investment Management Inc.

An investment management firm based in Montgomery, Alabama that oversees approximately $2.7 billion in assets.

ServiceNow, Inc.

A cloud computing company that builds enterprise software to manage digital workflows and automate business processes.

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The takeaway

Montgomery Investment Management's significant increase in its ServiceNow position suggests the firm sees strong growth potential in the cloud computing company's software and platform services, which are widely adopted by enterprises to digitize and streamline their operations.