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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
NC
151
Nicholas Company
Wisconsin
$15.2M
TNB
152
Thomasville National Bank
Georgia
$15.2M +$139K +691 +0.9%
Principal Financial Group
153
Principal Financial Group
Iowa
$15M +$9.17M +45,489 +161%
RJFSA
154
Raymond James Financial Services Advisors
Florida
$14.7M -$116K -576 -0.8%
MSV
155
MN Services Vermogensbeheer
Netherlands
$14.5M +$383K +1,900 +3%
Ohio Public Employees Retirement System (OPERS)
156
Ohio Public Employees Retirement System (OPERS)
Ohio
$14.3M -$1.79M -8,870 -11%
ZCM
157
Ziegler Capital Management
Illinois
$14M -$113K -561 -0.8%
AAIS
158
ABN AMRO Investment Solutions
$14M +$13.9M +68,779 New
IG
159
Ithaka Group
Virginia
$13.9M -$610K -3,029 -4%
HSBC Holdings
160
HSBC Holdings
United Kingdom
$13.8M +$654K +3,245 +5%
NP
161
NS Partners
United Kingdom
$13.8M +$1.81K +9 +0%
Treasurer of the State of North Carolina
162
Treasurer of the State of North Carolina
North Carolina
$13.3M -$208K -1,030 -2%
MML Investors Services
163
MML Investors Services
Massachusetts
$13.2M +$206K +1,024 +2%
CG
164
Colony Group
Massachusetts
$13M +$544K +2,698 +4%
Man Group
165
Man Group
United Kingdom
$13M -$16.3M -80,968 Closed
Royal London Asset Management
166
Royal London Asset Management
United Kingdom
$13M +$944K +4,685 +8%
SFI
167
Susquehanna Fundamental Investments
Pennsylvania
$12.9M
Cerity Partners
168
Cerity Partners
New York
$12.8M -$537K -2,667 -4%
Mitsubishi UFJ Asset Management
169
Mitsubishi UFJ Asset Management
Japan
$12.8M +$1.73M +8,609 +16%
WJWM
170
Williams Jones Wealth Management
New York
$12.7M +$192K +953 +2%
NSAM
171
North Star Asset Management
Wisconsin
$12.7M +$145K +721 +1%
LGF
172
LGT Group Foundation
Liechtenstein
$12.2M +$209K +1,037 +2%
QC
173
Quadrature Capital
United Kingdom
$12M +$4.53M +22,473 +61%
IMPI
174
Ilmarinen Mutual Pension Insurance
Finland
$12M -$504K -2,500 -4%
Asset Management One
175
Asset Management One
Japan
$11.9M -$199K -989 -2%

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.