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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
HWM
526
HB Wealth Management
Georgia
$482K +$250K +1,240 +110%
SI
527
Stephens Inc
Arkansas
$480K -$32.4K -161 -6%
NYLIM
528
New York Life Investment Management
New York
$479K -$56.8K -282 -11%
CC
529
Copperleaf Capital
North Carolina
$475K -$68.3K -339 -13%
CT
530
Columbia Trust
Oregon
$475K +$14.9K +74 +3%
RC
531
Rovin Capital
Arizona
$472K -$82K -407 -15%
First Manhattan
532
First Manhattan
New York
$468K +$201 +1 +0%
EW
533
Evoke Wealth
California
$457K
EI
534
Ellevest Inc
New York
$455K +$96.1K +477 +27%
HGERS
535
Householder Group Estate & Retirement Specialist
Arizona
$454K +$450K +2,233 New
CWM
536
Connecticut Wealth Management
Connecticut
$453K +$22.4K +111 +5%
HAG
537
HF Advisory Group
Maryland
$447K +$33.4K +166 +8%
IWC
538
Integrated Wealth Concepts
Massachusetts
$445K +$5.64K +28 +1%
CIA
539
Cape Investment Advisory
Georgia
$444K +$12.9K +64 +3%
FIA
540
Foundations Investment Advisors
Arizona
$441K -$70.7K -351 -14%
PWM
541
Perigon Wealth Management
California
$435K +$27.4K +136 +7%
BST
542
Bath Savings Trust
Maine
$434K -$22.2K -110 -5%
IA
543
IFP Advisors
Florida
$434K -$17.7K -88 -4%
SM
544
Sciencast Management
New Jersey
$431K +$427K +2,119 New
UB
545
UMB Bank
Missouri
$428K +$10.3K +51 +2%
API
546
Advisor Partners II
California
$426K +$189K +937 +81%
FMAEN1
547
Fund Management at Engine No 1
California
$424K +$37.9K +188 +10%
FNBT
548
FineMark National Bank & Trust
Florida
$422K +$75K +372 +22%
LA
549
LBP AM
France
$418K +$414K +2,054 New
PC
550
Pier Capital
Connecticut
$417K -$8.66K -43 -2%

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.