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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
RJT
601
Raymond James Trust
Florida
$319K -$32K -159 -9%
PWM
602
Prosperity Wealth Management
California
$318K +$78.6K +390 +33%
VCM
603
Virtue Capital Management
Tennessee
$316K
CI
604
Cigna Investments
Connecticut
$313K
DTL
605
Dynamic Technology Lab
Singapore
$312K +$308K +1,530 New
DIM
606
DC Investments Management
Virginia
$310K
AA
607
ALPS Advisors
Colorado
$305K -$86.8K -431 -22%
WA
608
Wasatch Advisors
Utah
$303K -$13.8M -68,293 -98%
MC
609
Maverick Capital
Texas
$303K -$209K -1,035 -41%
AI
610
Accredited Investors
Minnesota
$300K +$201 +1 +0.1%
TFS
611
Thoroughbred Financial Services
Tennessee
$298K +$296K +1,469 New
DF
612
Donoghue Forlines
Massachusetts
$298K -$175K -868 -37%
THWM
613
Taylor Hoffman Wealth Management
Virginia
$297K
TPA
614
Trivium Point Advisory
Connecticut
$296K +$24.4K +121 +9%
GA
615
Greytown Advisors
Florida
$295K
FWI
616
Facet Wealth Inc
Maryland
$288K +$10.1K +50 +3%
NFG
617
Nations Financial Group
Iowa
$287K -$2.22K -11 -0.8%
PAS
618
Professional Advisory Services
Florida
$285K
FTDI
619
First Trust Direct Indexing
Massachusetts
$278K +$35.1K +174 +15%
CW
620
CreativeOne Wealth
Kansas
$277K -$41.9K -208 -13%
HNB
621
Huntington National Bank
Ohio
$276K -$39.1K -194 -13%
CCM
622
Conway Capital Management
California
$276K -$15.1K -75 -5%
RIA
623
Regal Investment Advisors
Michigan
$276K +$19.3K +96 +8%
HFM
624
Harvest Fund Management
China
$275K +$96.5K +479 +55%
FI
625
Fosun International
China
$275K -$343K -1,700 -56%

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.