Veeva Systems
VEEV
823 hedge funds and large institutions have $26B invested in Veeva Systems in 2023 Q2 according to their latest regulatory filings, with 91 funds opening new positions, 342 increasing their positions, 261 reducing their positions, and 60 closing their positions.
52% more first-time investments, than exits
New positions opened: 91 | Existing positions closed: 60
31% more repeat investments, than reductions
Existing positions increased: 342 | Existing positions reduced: 261
13% more call options, than puts
Call options by funds: $329M | Put options by funds: $290M
8% more capital invested
Capital invested by funds: $24B → $26B (+$1.96B)
4% more funds holding
Funds holding: 795 → 823 (+28)
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
2.61% less ownership
Funds ownership: 92.81% → 90.2% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital World Investors
Los Angeles,
California
|
+$139M |
| 2 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$139M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$108M |
| 4 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$91.8M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
+$89.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winslow Capital Management
Minneapolis,
Minnesota
|
-$464M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$180M |
| 3 |
Millennium Management
New York
|
-$93M |
| 4 |
Swedbank
Stockholm,
Sweden
|
-$72.5M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$68.5M |
VEEV Hedge Fund Activity: Q2 2023 in Review
823 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2023, worth a combined $26B — up 8.1% from $24B a quarter earlier.
Buyers outnumbered sellers: 91 funds opened new VEEV positions and 60 closed out — a net gain of 31 holders — while 342 added to existing stakes and 261 trimmed.
The largest buyer was Capital World Investors, opening a new position worth an estimated $139M. The largest seller was Winslow Capital Management, exiting entirely with an estimated $464M sold.
- 823 institutional investors held Veeva Systems (VEEV) as of Q2 2023, up from 795 in Q1 2023.
- Funds reported $26B of Veeva Systems stock for Q2 2023, up 8.1% quarter-over-quarter.
- 91 funds opened new Veeva Systems positions in Q2 2023 and 60 closed out, a net change of +31 holders.
- The largest Veeva Systems buyer in Q2 2023 was Capital World Investors, an estimated $139M added.
- The largest Veeva Systems seller in Q2 2023 was Winslow Capital Management, an estimated $464M sold.
Based on aggregated 13F filings for Q2 2023.