Veeva Systems
VEEV
736 hedge funds and large institutions have $21B invested in Veeva Systems in 2022 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 309 increasing their positions, 229 reducing their positions, and 87 closing their positions.
35% more repeat investments, than reductions
Existing positions increased: 309 | Existing positions reduced: 229
23% more call options, than puts
Call options by funds: $244M | Put options by funds: $197M
1.56% more ownership
Funds ownership: 88.99% → 90.54% (+1.6%)
2% less funds holding
Funds holding: 751 → 736 (-15)
10% less first-time investments, than exits
New positions opened: 78 | Existing positions closed: 87
15% less capital invested
Capital invested by funds: $24.7B → $21B (-$3.73B)
31% less funds holding in top 10
Funds holding in top 10: 16 → 11 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$190M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
+$119M |
| 3 |
N
Nuveen
Charlotte,
North Carolina
|
+$114M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$113M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$105M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$613M |
| 2 |
Morgan Stanley
New York
|
-$455M |
| 3 |
Two Sigma Investments
New York
|
-$85M |
| 4 |
Holocene Advisors
New York
|
-$80.3M |
| 5 |
Coatue Management
New York
|
-$79.3M |
VEEV Hedge Fund Activity: Q3 2022 in Review
736 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q3 2022, worth a combined $21B — down 15% from $24.7B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of VEEV and 78 opened new positions — a net loss of 9 holders — while 229 trimmed existing stakes and 309 added.
The largest buyer was AllianceBernstein, adding an estimated $190M. The largest seller was T. Rowe Price Associates, cutting an estimated $613M.
- 736 institutional investors held Veeva Systems (VEEV) as of Q3 2022, down from 751 in Q2 2022.
- Funds reported $21B of Veeva Systems stock for Q3 2022, down 15% quarter-over-quarter.
- 78 funds opened new Veeva Systems positions in Q3 2022 and 87 closed out, a net change of -9 holders.
- The largest Veeva Systems buyer in Q3 2022 was AllianceBernstein, an estimated $190M added.
- The largest Veeva Systems seller in Q3 2022 was T. Rowe Price Associates, an estimated $613M sold.
Based on aggregated 13F filings for Q3 2022.