Veeva Systems
VEEV
180 hedge funds and large institutions have $2.23B invested in Veeva Systems in 2016 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 74 increasing their positions, 58 reducing their positions, and 35 closing their positions.
490% more call options, than puts
Call options by funds: $49.7M | Put options by funds: $8.42M
28% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 58
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
5.22% more ownership
Funds ownership: 104.27% → 109.48% (+5.2%)
3% less funds holding
Funds holding: 185 → 180 (-5)
9% less capital invested
Capital invested by funds: $2.45B → $2.23B (-$227M)
14% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$46.6M |
| 2 |
RP
Riverbridge Partners
Minneapolis,
Minnesota
|
+$29.7M |
| 3 |
DCM
Dorsal Capital Management
Redwood City,
California
|
+$24.5M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$23.2M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$17.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$23M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$17.9M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$13.7M |
| 4 |
Calamos Advisors
Naperville,
Illinois
|
-$9.64M |
| 5 |
BCM
BlueCrest Capital Management
St Helier,
Jersey
|
-$8.75M |
VEEV Hedge Fund Activity: Q1 2016 in Review
180 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2016, worth a combined $2.23B — down 9.3% from $2.45B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of VEEV and 30 opened new positions — a net loss of 5 holders — while 58 trimmed existing stakes and 74 added.
The largest buyer was Brown Capital Management, adding an estimated $46.6M. The largest seller was Lord, Abbett & Co, cutting an estimated $23M.
- 180 institutional investors held Veeva Systems (VEEV) as of Q1 2016, down from 185 in Q4 2015.
- Funds reported $2.23B of Veeva Systems stock for Q1 2016, down 9.3% quarter-over-quarter.
- 30 funds opened new Veeva Systems positions in Q1 2016 and 35 closed out, a net change of -5 holders.
- The largest Veeva Systems buyer in Q1 2016 was Brown Capital Management, an estimated $46.6M added.
- The largest Veeva Systems seller in Q1 2016 was Lord, Abbett & Co, an estimated $23M sold.
Based on aggregated 13F filings for Q1 2016.