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Veeva Systems

830 hedge funds and large institutions have $27B invested in Veeva Systems in 2023 Q3 according to their latest regulatory filings, with 81 funds opening new positions, 296 increasing their positions, 317 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 81 | Existing positions closed: 66

8% more funds holding in top 10

Funds holding in top 10: 1314 (+1)

4% more capital invested

Capital invested by funds: $26B → $27B (+$1.03B)

1% more funds holding

Funds holding: 823830 (+7)

0.54% more ownership

Funds ownership: 90.2%90.74% (+0.54%)

7% less repeat investments, than reductions

Existing positions increased: 296 | Existing positions reduced: 317

15% less call options, than puts

Call options by funds: $370M | Put options by funds: $433M

Holders
830
Holders Change
+7
Holders Change %
+0.85%
% of All Funds
13.17%
Holding in Top 10
14
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+7.69%
% of All Funds
0.22%
New
81
Increased
296
Reduced
317
Closed
66
Calls
$370M
Puts
$433M
Net Calls
-$63.5M
Net Calls Change
-$102M
Name Holding Trade Value Shares
Change
Change in
Stake
KAS
401
Kestra Advisory Services
Texas
$1.18M +$200K +991 +21%
FBT
402
First Bank & Trust
South Dakota
$1.18M +$63.3K +314 +6%
EGM
403
Engineers Gate Manager
New York
$1.17M -$5.07M -25,154 -81%
LCM
404
Legato Capital Management
California
$1.16M +$403K +2,000 +54%
LS
405
Leelyn Smith
Illinois
$1.15M -$18.3K -91 -2%
TSWM
406
Triangle Securities Wealth Management
North Carolina
$1.14M +$16.1K +80 +1%
DCM
407
Decatur Capital Management
Georgia
$1.14M
LSA
408
Leonteq Securities AG
Switzerland
$1.13M +$81.2K +403 +8%
CA
409
Cetera Advisors
Colorado
$1.13M -$36.5K -181 -3%
Northwestern Mutual Wealth Management
410
Northwestern Mutual Wealth Management
Wisconsin
$1.1M -$240K -1,190 -18%
IMRF
411
Illinois Municipal Retirement Fund
Illinois
$1.1M -$934K -4,637 -46%
NA
412
NewEdge Advisors
Louisiana
$1.09M +$696K +3,452 +183%
BCI
413
Brinker Capital Investments
Pennsylvania
$1.07M -$2.62K -13 -0.2%
OPS
414
Orion Portfolio Solutions
Nebraska
$1.07M -$2.62K -13 -0.2%
HFS
415
Hantz Financial Services
Michigan
$1.07M +$33K +164 +3%
N
416
Natixis
France
$1.06M -$197K -977 -16%
DIA
417
Dana Investment Advisors
Wisconsin
$1.06M +$2.42K +12 +0.2%
DADC
418
D.A. Davidson & Co
Montana
$1.05M +$48.6K +241 +5%
QCM
419
Quantinno Capital Management
New York
$1.04M +$341K +1,694 +49%
BFG
420
Bleakley Financial Group
New Jersey
$1.04M +$35.7K +177 +4%
SS
421
Simplicity Solutions
Minnesota
$1.04M +$35.7K +177 +4%
MGIM
422
M&G Investment Management
United Kingdom
$1.04M +$4.43K +22 +0.4%
MC
423
Montag & Caldwell
Georgia
$1.04M +$523K +2,596 +103%
WF
424
Welch & Forbes
Massachusetts
$1.04M +$1.03M +5,103 New
ITFISA
425
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
$1.03M +$294K +1,460 +41%

VEEV Hedge Fund Activity: Q3 2023 in Review

830 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q3 2023, worth a combined $27B — up 4% from $26B a quarter earlier.

Buyers outnumbered sellers: 81 funds opened new VEEV positions and 66 closed out — a net gain of 15 holders — while 296 added to existing stakes and 317 trimmed.

The largest buyer was Durable Capital Partners, opening a new position worth an estimated $179M. The largest seller was AllianceBernstein, cutting an estimated $168M.

  • 830 institutional investors held Veeva Systems (VEEV) as of Q3 2023, up from 823 in Q2 2023.
  • Funds reported $27B of Veeva Systems stock for Q3 2023, up 4% quarter-over-quarter.
  • 81 funds opened new Veeva Systems positions in Q3 2023 and 66 closed out, a net change of +15 holders.
  • The largest Veeva Systems buyer in Q3 2023 was Durable Capital Partners, an estimated $179M added.
  • The largest Veeva Systems seller in Q3 2023 was AllianceBernstein, an estimated $168M sold.

Based on aggregated 13F filings for Q3 2023.