Veeva Systems
VEEV
409 hedge funds and large institutions have $7.78B invested in Veeva Systems in 2018 Q1 according to their latest regulatory filings, with 94 funds opening new positions, 123 increasing their positions, 135 reducing their positions, and 44 closing their positions.
350% more funds holding in top 10
Funds holding in top 10: 2 → 9 (+7)
114% more first-time investments, than exits
New positions opened: 94 | Existing positions closed: 44
95% more call options, than puts
Call options by funds: $95.1M | Put options by funds: $48.7M
36% more capital invested
Capital invested by funds: $5.71B → $7.78B (+$2.06B)
12% more funds holding
Funds holding: 364 → 409 (+45)
2.12% more ownership
Funds ownership: 88.69% → 90.81% (+2.1%)
9% less repeat investments, than reductions
Existing positions increased: 123 | Existing positions reduced: 135
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hitchwood Capital Management
New York
|
+$71.1M |
| 2 |
Renaissance Technologies
New York
|
+$53.8M |
| 3 |
Two Sigma Investments
New York
|
+$49.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$45.6M |
| 5 |
CIP
Champlain Investment Partners
Burlington,
Vermont
|
+$43.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$84.1M |
| 2 |
Morgan Stanley
New York
|
-$61.4M |
| 3 |
O
OppenheimerFunds
New York
|
-$39.1M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$31.9M |
| 5 |
Janus Henderson Group
London,
United Kingdom
|
-$24.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EA
451
Edge Advisors
Atlanta,
Georgia
| – | -$3K | -59 | Closed |
|
452
AssetMark Inc
Concord,
California
| – | -$1K | -11 | Closed |
|
|
APP
453
Avantax Planning Partners
Dubuque,
Iowa
| – | +$259 | +4 | New |
|
VEEV Hedge Fund Activity: Q1 2018 in Review
409 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2018, worth a combined $7.78B — up 36% from $5.71B a quarter earlier.
Buyers outnumbered sellers: 94 funds opened new VEEV positions and 44 closed out — a net gain of 50 holders — while 123 added to existing stakes and 135 trimmed.
The largest buyer was Hitchwood Capital Management, opening a new position worth an estimated $71.1M. The largest seller was Fidelity Investments, cutting an estimated $84.1M.
- 409 institutional investors held Veeva Systems (VEEV) as of Q1 2018, up from 364 in Q4 2017.
- Funds reported $7.78B of Veeva Systems stock for Q1 2018, up 36% quarter-over-quarter.
- 94 funds opened new Veeva Systems positions in Q1 2018 and 44 closed out, a net change of +50 holders.
- The largest Veeva Systems buyer in Q1 2018 was Hitchwood Capital Management, an estimated $71.1M added.
- The largest Veeva Systems seller in Q1 2018 was Fidelity Investments, an estimated $84.1M sold.
Based on aggregated 13F filings for Q1 2018.