Waycross Partners Boosts ServiceNow Stake by 415%

Institutional investor increases holdings in cloud computing company

Mar. 28, 2026 at 12:13pm

Waycross Partners LLC, an institutional investor, increased its stake in ServiceNow, Inc. (NYSE: NOW) by 415.3% in the fourth quarter, according to a recent SEC filing. The firm now owns 96,798 shares of the information technology services provider's stock, valued at $14.8 million.

Why it matters

ServiceNow is a leading cloud computing company that provides digital workflow and automation solutions for enterprises. The significant increase in Waycross Partners' stake suggests the firm sees strong growth potential in ServiceNow's business and future outlook.

The details

According to the SEC filing, Waycross Partners purchased an additional 78,013 shares of ServiceNow during the fourth quarter, bringing its total holdings to 96,798 shares. This represents a 415.3% increase in the firm's position. ServiceNow now makes up 1.2% of Waycross Partners' investment portfolio, making it the 27th largest holding.

  • Waycross Partners increased its stake in ServiceNow during the fourth quarter of 2025.

The players

Waycross Partners LLC

An institutional investor that has increased its holdings in ServiceNow, Inc.

ServiceNow, Inc.

A cloud computing company that provides digital workflow and automation solutions for enterprises.

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The takeaway

The significant increase in Waycross Partners' stake in ServiceNow suggests the firm sees strong growth potential in the cloud computing company's business and future outlook, underscoring the positive sentiment around ServiceNow's market position and future prospects.