Aristotle Atlantic Core Equity Strategy Sold ServiceNow (NOW) to Reduce Software Exposure

1 day ago 1

Soumya Eswaran

Fri, November 14, 2025 astatine 8:30 AM CST 2 min read

Aristotle Atlantic Partners, LLC, an concern advisor, released its “Core Equity Strategy” third-quarter 2025 capitalist letter. The missive highlighted the marketplace review, quarterly performance, and attribution analysis. A transcript of the missive tin beryllium downloaded here. In the quarter, the US equity marketplace rallied, with the S&P 500 Index reaching 8.12%. Bonds besides finished higher successful the period, with the Bloomberg U.S. Aggregate Bond Index expanding 2.03%. The composite has returned 7.22% gross of fees (7.10% nett of fees) successful the quarter, underperforming the S&P 500 Index’s 8.12% gain. Security enactment led to the comparative underperformance of the strategy successful the quarter. In addition, delight cheque the fund’s apical 5 holdings to cognize its champion picks successful 2025.

In its third-quarter 2025 capitalist letter, Aristotle Atlantic Core Equity Strategy highlighted stocks specified arsenic ServiceNow, Inc. (NYSE:NOW). ServiceNow, Inc. (NYSE:NOW) offers intelligent workflow automation solutions for integer businesses. The one-month instrumentality of ServiceNow, Inc. (NYSE:NOW) was -5.97%, and its shares mislaid 15.99% of their worth implicit the past 52 weeks. On November 13, 2025, ServiceNow, Inc. (NYSE:NOW) banal closed astatine $849.69 per share, with a marketplace capitalization of $176.295 billion.

Aristotle Atlantic Core Equity Strategy stated the pursuing regarding ServiceNow, Inc. (NYSE:NOW) successful its 3rd 4th 2025 capitalist letter:

"We sold ServiceNow, Inc. (NYSE:NOW) and reduced our subsector overweight to Software, arsenic we proceed to spot areas of hazard from macroeconomic headwinds and seat-based spending unit owed to budgetary shifts wrong bundle walk to agentic AI and LLM-leveraged software."

ServiceNow, Inc. (NOW) Is Competing With The Rise Of AI, Says Jim Cramer

ServiceNow, Inc. (NYSE:NOW) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 106 hedge money portfolios held ServiceNow, Inc. (NYSE:NOW) astatine the extremity of the 2nd quarter, the aforesaid arsenic successful the erstwhile quarter. Third 4th subscription revenues of ServiceNow, Inc. (NYSE:NOW) were $3.299 billion, marking a 20.5% year-over-year maturation successful changeless currency. While we admit the imaginable of ServiceNow, Inc. (NYSE:NOW) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

In another article, we covered ServiceNow, Inc. (NYSE:NOW) and shared the database of fantastic stocks each capitalist should wage attraction to. In addition, delight cheque retired our hedge money capitalist letters Q3 2025 page for much capitalist letters from hedge funds and different starring investors.