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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
CC
101
Chicago Capital
Illinois
$39.6M -$51.4K -255 -0.1%
Susquehanna International Group
102
Susquehanna International Group
Pennsylvania
$39.6M -$5.49M -27,224 -12%
Victory Capital Management
103
Victory Capital Management
Texas
$38.5M -$850K -4,221 -2%
National Pension Service
104
National Pension Service
South Korea
$37.3M -$1.22M -6,058 -3%
Mitsubishi UFJ Trust & Banking
105
Mitsubishi UFJ Trust & Banking
Japan
$37.2M +$4.41M +21,898 +14%
KBC Group
106
KBC Group
Belgium
$36.8M +$6.18M +30,674 +20%
CF
107
Cantor Fitzgerald
New York
$36.1M +$17.4M +86,231 +94%
APG Asset Management
108
APG Asset Management
Netherlands
$35.9M -$2.14M -10,610 -6%
CS
109
Candriam SCA
Luxembourg
$35.3M -$381K -1,892 -1%
MIS
110
Morningstar Investment Services
Illinois
$33.4M -$1.9M -9,413 -5%
Manulife (Manufacturers Life Insurance)
111
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32.8M -$3.93M -19,485 -11%
Nordea Investment Management
112
Nordea Investment Management
Sweden
$31.9M +$1.15M +5,708 +4%
Robeco Institutional Asset Management
113
Robeco Institutional Asset Management
Netherlands
$31.6M +$9.38M +46,566 +43%
Neuberger Berman Group
114
Neuberger Berman Group
New York
$31.6M +$19M +94,357 +155%
State Board of Administration of Florida Retirement System
115
State Board of Administration of Florida Retirement System
Florida
$31M -$1.27M -6,280 -4%
Two Sigma Investments
116
Two Sigma Investments
New York
$30.1M -$6.91M -34,310 -19%
Barclays
117
Barclays
United Kingdom
$30M -$344K -1,707 -1%
LF
118
Lannebo Fonder
Sweden
$29.8M +$907K +4,500 +3%
Citigroup
119
Citigroup
New York
$29.5M -$3.26M -16,176 -10%
MAM
120
Montanaro Asset Management
United Kingdom
$25.5M -$1.61M -8,000 -6%
LWCFA
121
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$25.5M +$13.5M +67,047 +100%
NIG
122
NFJ Investment Group
Texas
$25.5M -$12.1M -60,247 -32%
PHS
123
PFM Health Sciences
California
$24.2M +$16.4M +81,484 +218%
UBS Group
124
UBS Group
Switzerland
$23.2M -$9.33M -46,287 -29%
Thrivent Financial for Lutherans
125
Thrivent Financial for Lutherans
Minnesota
$22M +$20.5M +101,917 +1,692%

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.