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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
WIM
876
WealthPlan Investment Management
Nebraska
-$113K -581 Closed
FGAM
877
Financial Gravity Asset Management
Texas
-$375 -198 Closed
SF
878
Safeguard Financial
Wisconsin
-$35K -180 Closed
FPA
879
First Pacific Advisors
California
-$34.6K -175 Closed
RI
880
Ridgewood Investments
New Jersey
-$23.7K -120 Closed
DI
881
Disciplined Investments
Oklahoma
-$22.5K -114 Closed
HWA
882
Heritage Wealth Advisors
Virginia
-$5.34K -27 Closed
DJSG
883
D.J. St. Germain
Massachusetts
-$4.94K -25 Closed
FDCC
884
Foster Dykema Cabot & Co
Massachusetts
-$5K -24 Closed
GBT
885
Grove Bank & Trust
Florida
-$4.55K -23 Closed
IGWM
886
ICA Group Wealth Management
Colorado
-$4.55K -23 Closed
CA
887
Crewe Advisors
Utah
-$4.35K -22 Closed
NC
888
NewSquare Capital
Pennsylvania
-$3.56K -18 Closed
FCA
889
FinTrust Capital Advisors
South Carolina
-$2.74K -17 Closed
CAS
890
Coppell Advisory Solutions
Texas
-$2.93K -15 Closed
PMFA
891
Plante Moran Financial Advisors
Michigan
-$2.77K -14 Closed
2L
892
25 LLC
Missouri
-$2.71K -13 Closed
CWA
893
Clearview Wealth Advisors
Oregon
-$1.19K -6 Closed
PWMG
894
Prestige Wealth Management Group
New Jersey
-$1.19K -6 Closed
PO
895
Private Ocean
California
-$1.19K -6 Closed
CFO
896
CVA Family Office
Colorado
-$989 -5 Closed

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.