Vanguard Capital Management Establishes 7.49% Stake in ServiceNow Inc (NOW)

On April 30, 2026, Vanguard Capital Management LLC filed a Schedule 13G disclosing a new substantial position in ServiceNow Inc (NOW). As of the event date of March 31, 2026, Vanguard reported beneficial ownership of 78,361,628 shares of Common Stock, representing a 7.49% stake in the company. The filing indicates that Vanguard holds sole dispositive power over all 78,361,628 shares, while maintaining sole voting power over 10,381,409 shares. This position includes holdings managed by various affiliates, including Vanguard Asset Management Limited and Vanguard Global Advisers, LLC. The shares were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks a significant increase from a previous ownership level of 0.0%, establishing Vanguard as a major institutional shareholder in the cloud computing company. The total value of the position is estimated at approximately $7.14 billion based on the reported share count.