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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
AF
426
Allworth Financial
California
$1.03M -$98.9K -491 -9%
CIBC Asset Management
427
CIBC Asset Management
Ontario, Canada
$1.01M +$13.9K +69 +1%
BCV
428
Banque Cantonale Vaudoise
Switzerland
$1.01M -$13.1K -65 -1%
CG
429
Cutler Group
California
$1.01M +$122K +607 +14%
GRP
430
Global Retirement Partners
California
$1M -$45.7K -227 -4%
BRWA
431
B. Riley Wealth Advisors
Florida
$994K +$106K +526 +12%
BCM
432
Brookstone Capital Management
Illinois
$990K -$47.8K -237 -5%
WHP
433
Washington Harbour Partners
Virginia
$966K
PFGIA
434
Patriot Financial Group Insurance Agency
Massachusetts
$955K -$78.8K -391 -8%
AT
435
American Trust
Kentucky
$951K -$241K -1,194 -20%
HCM
436
Highview Capital Management
Illinois
$940K +$931K +4,619 New
BAM
437
Belpointe Asset Management
Nevada
$916K -$338K -1,678 -27%
FCA
438
Fortis Capital Advisors
Kansas
$916K -$338K -1,678 -27%
CP
439
Cumberland Partners
Ontario, Canada
$916K +$453K +2,250 +100%
GCM
440
Genus Capital Management
British Columbia, Canada
$916K +$907K +4,500 New
MFAM
441
Motley Fool Asset Management
Virginia
$914K +$96.7K +480 +12%
LCM
442
Liberty Capital Management
Michigan
$910K +$623K +3,090 +224%
AC
443
AXQ Capital
New Jersey
$895K +$887K +4,400 New
PFO
444
Pathstone Family Office
New Jersey
$891K +$123K +608 +16%
OAM
445
Ostrum Asset Management
France
$879K -$5.84K -29 -0.7%
ATC
446
Argent Trust Co
Tennessee
$864K -$37.3K -185 -4%
BMSSC
447
B. Metzler seel. Sohn & Co
Germany
$843K +$47.1K +234 +6%
VIM
448
Vinva Investment Management
Australia
$829K -$993K -4,929 -55%
SW
449
SkyOak Wealth
Michigan
$829K
CPIA
450
Cornell Pochily Investment Advisors
New York
$820K +$228K +1,131 +39%

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.