Chicago Capital LLC Boosts ServiceNow Stake by Nearly 400%

The institutional investor now owns over 390,000 shares of the IT services provider.

Apr. 18, 2026 at 7:37am

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Chicago investment firm's increased stake in ServiceNow reflects confidence in the cloud software company's growth potential.Chicago Today

According to a recent SEC filing, Chicago Capital LLC increased its holdings in ServiceNow, Inc. (NYSE: NOW) by 392.9% during the fourth quarter. The institutional investor now owns 390,549 shares of the information technology services provider's stock, worth approximately $59.8 million.

Why it matters

ServiceNow is a leading provider of cloud-based workflow automation software, with a strong presence in the enterprise IT management market. Chicago Capital's substantial increase in its ServiceNow position suggests the firm sees significant growth potential in the company's business and stock.

The details

Chicago Capital acquired an additional 311,314 shares of ServiceNow during the fourth quarter, bringing its total holdings to 390,549 shares. This represents a 392.9% increase in the firm's position. ServiceNow now makes up 1.5% of Chicago Capital's investment portfolio, making it the 22nd largest holding.

Chicago Capital filed the SEC disclosure on April 18, 2026, detailing its increased stake in ServiceNow during the fourth quarter of 2025.

The players