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Veeva Systems

823 hedge funds and large institutions have $26B invested in Veeva Systems in 2023 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 342 increasing their positions, 261 reducing their positions, and 60 closing their positions.

New
Increased
Maintained
Reduced
Closed

52% more first-time investments, than exits

New positions opened: 91 | Existing positions closed: 60

31% more repeat investments, than reductions

Existing positions increased: 342 | Existing positions reduced: 261

13% more call options, than puts

Call options by funds: $329M | Put options by funds: $290M

8% more capital invested

Capital invested by funds: $24B → $26B (+$1.96B)

4% more funds holding

Funds holding: 795823 (+28)

0% more funds holding in top 10

Funds holding in top 10: 1313 (0)

2.61% less ownership

Funds ownership: 92.81%90.2% (-2.6%)

Holders
823
Holders Change
+28
Holders Change %
+3.52%
% of All Funds
12.92%
Holding in Top 10
13
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.2%
New
91
Increased
342
Reduced
261
Closed
60
Calls
$329M
Puts
$290M
Net Calls
+$38.9M
Net Calls Change
+$30.8M
Name Holding Trade Value Shares
Change
Change in
Stake
NYLIM
501
New York Life Investment Management
New York
$521K +$481K +2,636 New
BWM
502
Baron Wealth Management
Michigan
$517K -$97.6K -535 -17%
CIAS
503
Capital Investment Advisory Services
North Carolina
$517K +$91.2K +500 +24%
EL
504
EMFO LLC
Florida
$507K
AWM
505
Apollon Wealth Management
South Carolina
$505K +$1.82K +10 +0.4%
SPC
506
Sigma Planning Corp
Michigan
$504K -$366K -2,008 -44%
WCM
507
WealthBridge Capital Management
Ohio
$501K +$1.09K +6 +0.2%
MC
508
Maverick Capital
Texas
$499K -$631K -3,458 -58%
MC
509
Montag & Caldwell
Georgia
$499K +$460K +2,522 New
FIA
510
Foundations Investment Advisors
Arizona
$498K -$8.21K -45 -2%
MOACM
511
Mutual of America Capital Management
New York
$498K +$14.6K +80 +3%
SI
512
Stephens Inc
Arkansas
$498K -$1.39M -7,610 -75%
FHA
513
Flagship Harbor Advisors
Massachusetts
$497K +$124K +678 +37%
BFS
514
Bard Financial Services
Connecticut
$494K +$13.7K +75 +3%
VIA
515
Vident Investment Advisory
Georgia
$493K -$81K -444 -15%
GT
516
Glenmede Trust
Pennsylvania
$486K
KTC
517
Kistler-Tiffany Companies
Pennsylvania
$485K -$1.09K -6 -0.2%
WKWM
518
Walter & Keenan Wealth Management
Indiana
$478K -$4.56K -25 -1%
YMRC
519
Yorktown Management & Research Company
Virginia
$477K +$440K +2,410 New
CFB
520
Cullen/Frost Bankers
Texas
$476K -$3.65K -20 -0.8%
AP
521
AtonRa Partners
Switzerland
$474K -$26.6K -146 -6%
Wealthfront Advisers
522
Wealthfront Advisers
California
$466K -$215K -1,178 -33%
NICM
523
Neo Ivy Capital Management
New York
$463K +$427K +2,343 New
DF
524
Donoghue Forlines
Massachusetts
$461K +$152K +833 +56%
First Manhattan
525
First Manhattan
New York
$455K

VEEV Hedge Fund Activity: Q2 2023 in Review

823 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2023, worth a combined $26B — up 8.1% from $24B a quarter earlier.

Buyers outnumbered sellers: 91 funds opened new VEEV positions and 60 closed out — a net gain of 31 holders — while 342 added to existing stakes and 261 trimmed.

The largest buyer was Capital World Investors, opening a new position worth an estimated $139M. The largest seller was Winslow Capital Management, exiting entirely with an estimated $464M sold.

  • 823 institutional investors held Veeva Systems (VEEV) as of Q2 2023, up from 795 in Q1 2023.
  • Funds reported $26B of Veeva Systems stock for Q2 2023, up 8.1% quarter-over-quarter.
  • 91 funds opened new Veeva Systems positions in Q2 2023 and 60 closed out, a net change of +31 holders.
  • The largest Veeva Systems buyer in Q2 2023 was Capital World Investors, an estimated $139M added.
  • The largest Veeva Systems seller in Q2 2023 was Winslow Capital Management, an estimated $464M sold.

Based on aggregated 13F filings for Q2 2023.