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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
701
HighMark Wealth Management
Minnesota
$88.7K
PTC
702
Private Trust Company
Ohio
$82.6K
AA
703
Alta Advisers
United Kingdom
$81.4K
WT
704
Washington Trust
Rhode Island
$81.4K
HIIFS
705
Harel Insurance Investments & Financial Services
Israel
$80K -$15.5K -77 -16%
WPWM
706
Western Pacific Wealth Management
Illinois
$78.7K -$17.7K -88 -19%
CAL
707
Capital Advisors Ltd
Ohio
$76K +$403 +2 +0.5%
Bessemer Group
708
Bessemer Group
New Jersey
$71K
EWA
709
EverSource Wealth Advisors
Alabama
$68.6K +$604 +3 +0.9%
MLA
710
MB, Levis & Associates
Pennsylvania
$65.3K
KFS
711
Kelly Financial Services
Massachusetts
$60.8K -$4.63K -23 -7%
JFGIW
712
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$58K
FWM
713
Focused Wealth Management
New York
$55.7K -$403 -2 -0.7%
HI
714
Harbour Investments
Wisconsin
$54.3K -$17.7K -88 -25%
FP
715
Financial Perspectives
Minnesota
$53.9K
RFA
716
Resurgent Financial Advisors
Georgia
$52.9K +$19.3K +96 +59%
GEA
717
Glen Eagle Advisors
New Jersey
$52.5K
DSC
718
Duncker Streett & Co
Missouri
$52.3K
CPG
719
Cornerstone Planning Group
New Jersey
$51.9K -$24.2K -120 -32%
EFMH
720
E Fund Management (HK)
Hong Kong
$50K +$49.4K +245 New
GFPC
721
Global Financial Private Client
Florida
$47.5K +$47.6K +236 New
NL
722
NKCFO LLC
Illinois
$47K +$16.5K +82 +55%
TPCW
723
TD Private Client Wealth
New York
$47K +$11.5K +57 +33%
HCM
724
Hollencrest Capital Management
California
$46K
GJIA
725
Glass Jacobson Investment Advisors
Maryland
$42.3K

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.