Veeva Systems
VEEV
100 hedge funds and large institutions have $1.23B invested in Veeva Systems in 2014 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 51 increasing their positions, 19 reducing their positions, and 30 closing their positions.
168% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 19
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more capital invested
Capital invested by funds: $958M → $1.23B (+$275M)
9% less call options, than puts
Call options by funds: $24.4M | Put options by funds: $26.9M
4% less funds holding
Funds holding: 104 → 100 (-4)
13% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 30
112.79% less ownership
Funds ownership: 237.37% → 124.58% (-113%)
Top Buyers
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$79.4M |
| 2 |
CCM
Criterion Capital Management
San Francisco,
California
|
+$78.3M |
| 3 |
JP Morgan Chase
New York
|
+$34.3M |
| 4 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$33.5M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$30.9M |
Top Sellers
| 1 |
ECM
Empire Capital Management
Westport,
Connecticut
|
-$26.5M |
| 2 |
GGHC
Gilder Gagnon Howe & Co
New York
|
-$19.6M |
| 3 |
Marshall Wace
London,
United Kingdom
|
-$14.2M |
| 4 |
TI
Turner Investments
Berwyn,
Pennsylvania
|
-$9.25M |
| 5 |
AIM
Assured Investment Management
New York
|
-$7.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
US Bancorp
Minneapolis,
Minnesota
| – | -$18K | -657 | Closed |
|
|
AF
127
Arrow Financial
Glens Falls,
New York
| – | -$3K | -100 | Closed |
|
|
SCA
128
SAC Capital Advisors
Stamford,
Connecticut
| – | -$3K | -100 | Closed |
|
129
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -57 | Closed |
|
VEEV Hedge Fund Activity: Q2 2014 in Review
100 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2014, worth a combined $1.23B — up 29% from $958M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of VEEV and 26 opened new positions — a net loss of 4 holders — while 19 trimmed existing stakes and 51 added.
The largest buyer was Fidelity Investments, adding an estimated $79.4M. The largest seller was Empire Capital Management, cutting an estimated $26.5M.
- 100 institutional investors held Veeva Systems (VEEV) as of Q2 2014, down from 104 in Q1 2014.
- Funds reported $1.23B of Veeva Systems stock for Q2 2014, up 29% quarter-over-quarter.
- 26 funds opened new Veeva Systems positions in Q2 2014 and 30 closed out, a net change of -4 holders.
- The largest Veeva Systems buyer in Q2 2014 was Fidelity Investments, an estimated $79.4M added.
- The largest Veeva Systems seller in Q2 2014 was Empire Capital Management, an estimated $26.5M sold.
Based on aggregated 13F filings for Q2 2014.