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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
NRG
751
Nemes Rush Group
Michigan
$17.7K -$3.22K -16 -16%
MPWT
752
MassMutual Private Wealth & Trust
Connecticut
$17.7K +$1.41K +7 +9%
WT
753
Whittier Trust
California
$17.5K
ST
754
Smithfield Trust
Pennsylvania
$16K
RTC
755
Riverview Trust Company
Washington
$15.1K
TWM
756
Tradition Wealth Management
Minnesota
$15K
SFG
757
Steward Financial Group
Texas
$15K +$15.7K +78 New
MAM
758
Marquette Asset Management
Minnesota
$14K -$2.02K -10 -13%
QL
759
Quarry LP
New York
$13.8K -$53K -263 -79%
HIA
760
Harbor Investment Advisory
Maryland
$13.8K -$13.3K -66 -49%
EARNEST Partners
761
EARNEST Partners
Georgia
$13.6K
SIC
762
Salem Investment Counselors
North Carolina
$13.2K
SOS
763
Silver Oak Securities
Tennessee
$13.2K -$382K -1,897 -97%
PWA
764
Provenance Wealth Advisors
Florida
$12.2K +$12.1K +60 New
LFG
765
Larson Financial Group
Missouri
$12K +$9.47K +47 +392%
JWM
766
Janiczek Wealth Management
Colorado
$11.4K
TIM
767
Tortoise Investment Management
New York
$11.2K
AFS
768
Annapolis Financial Services
Maryland
$10.8K
OP
769
ORG Partners
Indiana
$10.8K -$1.01K -5 -9%
BIA
770
Bell Investment Advisors
California
$10.4K +$2.62K +13 +34%
KFI
771
Key Financial Inc
Pennsylvania
$10.2K
PA
772
PSI Advisors
Florida
$9.56K
CAC
773
Core Alternative Capital
Georgia
$8.95K
WWP
774
WR Wealth Planners
Missouri
$8.14K
CWC
775
Carolinas Wealth Consulting
North Carolina
$7.9K

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.