Veeva Systems
VEEV
916 hedge funds and large institutions have $29.7B invested in Veeva Systems in 2024 Q1 according to their latest regulatory filings, with 131 funds opening new positions, 351 increasing their positions, 289 reducing their positions, and 80 closing their positions.
64% more first-time investments, than exits
New positions opened: 131 | Existing positions closed: 80
50% more funds holding in top 10
Funds holding in top 10: 12 → 18 (+6)
21% more repeat investments, than reductions
Existing positions increased: 351 | Existing positions reduced: 289
18% more capital invested
Capital invested by funds: $25.2B → $29.7B (+$4.52B)
4% more funds holding
Funds holding: 878 → 916 (+38)
1% less call options, than puts
Call options by funds: $413M | Put options by funds: $419M
1.53% less ownership
Funds ownership: 81.16% → 79.63% (-1.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$235M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$214M |
| 3 |
JP Morgan Chase
New York
|
+$129M |
| 4 |
MCMC
Matrix Capital Management Company
Portsmouth,
New Hampshire
|
+$93M |
| 5 |
VCP
Varenne Capital Partners
Paris,
France
|
+$83.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$337M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$287M |
| 3 |
Swedbank
Stockholm,
Sweden
|
-$161M |
| 4 |
Holocene Advisors
New York
|
-$137M |
| 5 |
Viking Global Investors
Stamford,
Connecticut
|
-$112M |
VEEV Hedge Fund Activity: Q1 2024 in Review
916 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2024, worth a combined $29.7B — up 18% from $25.2B a quarter earlier.
Buyers outnumbered sellers: 131 funds opened new VEEV positions and 80 closed out — a net gain of 51 holders — while 351 added to existing stakes and 289 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $235M. The largest seller was Morgan Stanley, cutting an estimated $337M.
- 916 institutional investors held Veeva Systems (VEEV) as of Q1 2024, up from 878 in Q4 2023.
- Funds reported $29.7B of Veeva Systems stock for Q1 2024, up 18% quarter-over-quarter.
- 131 funds opened new Veeva Systems positions in Q1 2024 and 80 closed out, a net change of +51 holders.
- The largest Veeva Systems buyer in Q1 2024 was Fidelity Investments, an estimated $235M added.
- The largest Veeva Systems seller in Q1 2024 was Morgan Stanley, an estimated $337M sold.
Based on aggregated 13F filings for Q1 2024.