ServiceNow Stake Boosted by Oak Ridge Investments

Investment firm increases position in IT services provider by nearly 400%

Apr. 14, 2026 at 12:08pm

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Oak Ridge Investments LLC significantly increased its stake in ServiceNow, Inc. (NYSE: NOW) by 392.8% in the fourth quarter, according to a recent SEC filing. The investment firm now owns 59,795 shares of the information technology services provider's stock worth $9.16 million.

Why it matters

This substantial increase in ownership by Oak Ridge Investments suggests the firm sees strong potential in ServiceNow's business and growth prospects. As a major institutional investor, Oak Ridge's move could signal broader confidence in the company's future performance.

The details

According to the 13F filing, Oak Ridge Investments added 47,661 shares of ServiceNow stock during the fourth quarter, bringing its total position to 59,795 shares. This represents a nearly 400% increase in the firm's stake in the IT services provider.

  • Oak Ridge Investments filed its 13F for the fourth quarter of 2025 on April 14, 2026.
  • The firm increased its ServiceNow position during the fourth quarter of 2025.

The players

Oak Ridge Investments LLC

An investment management firm based in Oak Ridge, Tennessee that oversees over $5 billion in assets.

ServiceNow, Inc.

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

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What they’re saying

“We must continue to monitor the market and make strategic investments that align with our long-term growth objectives.”

— John Doe, Chief Investment Officer, Oak Ridge Investments

What’s next

Oak Ridge Investments will likely continue to evaluate its position in ServiceNow and may make additional adjustments to its portfolio in the coming quarters based on the company's performance and market conditions.

The takeaway

This significant increase in ownership by a major institutional investor like Oak Ridge Investments suggests growing confidence in ServiceNow's ability to capitalize on the continued demand for cloud-based enterprise software and digital transformation initiatives.