NOW ranks #111 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
2272 institutions disclose a position in NOW, but none treat it as a major bet — even Polen Capital Management LLC, its most concentrated holder, allocates just 4.6% of its own portfolio to it.
National Bank Of Canada /fi/ has added to its NOW position for two straight quarters, increasing it by $1.0B to reach $1.2B today.
BlackRock has trimmed its NOW position for two straight quarters, cutting it by $5.1B while still holding $9.5B.
NOW is down 4.3% today, but institutions show net buying of $17.6B this quarter — a divergence between today's price move and the underlying institutional flow.