Hedge Funds Open Kimono: 5 Most Popular Software Stocks Right Now

4. ServiceNow, Inc. (NYSE:NOW): $260
Number of Hedge Funds: 85
Total Dollar Amount of Long Hedge Fund Positions:$5.3 billion
Percent of Hedge Funds with Long Positions: 11.4%
Fourth Quarter Return (through November 14th): 0%
Popularity Ranking (Q2): 25
Noteworthy Hedge Fund Shareholders: Philippe Laffont,  Gabriel Plotkin

Gabriel Plotkin Melvin Capital Management