Veeva Systems
VEEV
921 hedge funds and large institutions have $23.4B invested in Veeva Systems in 2024 Q2 according to their latest regulatory filings, with 100 funds opening new positions, 373 increasing their positions, 311 reducing their positions, and 84 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 373 | Existing positions reduced: 311
19% more first-time investments, than exits
New positions opened: 100 | Existing positions closed: 84
1% more funds holding
Funds holding: 916 → 921 (+5)
0.46% less ownership
Funds ownership: 79.63% → 79.17% (-0.46%)
13% less call options, than puts
Call options by funds: $173M | Put options by funds: $200M
21% less capital invested
Capital invested by funds: $29.7B → $23.4B (-$6.27B)
33% less funds holding in top 10
Funds holding in top 10: 18 → 12 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Swedbank
Stockholm,
Sweden
|
+$205M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
+$169M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
+$166M |
| 4 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
+$125M |
| 5 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$100M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$486M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$369M |
| 3 |
Morgan Stanley
New York
|
-$107M |
| 4 |
VCP
Varenne Capital Partners
Paris,
France
|
-$89.9M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$81.5M |
VEEV Hedge Fund Activity: Q2 2024 in Review
921 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2024, worth a combined $23.4B — down 21% from $29.7B a quarter earlier.
Buyers outnumbered sellers: 100 funds opened new VEEV positions and 84 closed out — a net gain of 16 holders — while 373 added to existing stakes and 311 trimmed.
The largest buyer was Swedbank, opening a new position worth an estimated $205M. The largest seller was T. Rowe Price Associates, cutting an estimated $486M.
- 921 institutional investors held Veeva Systems (VEEV) as of Q2 2024, up from 916 in Q1 2024.
- Funds reported $23.4B of Veeva Systems stock for Q2 2024, down 21% quarter-over-quarter.
- 100 funds opened new Veeva Systems positions in Q2 2024 and 84 closed out, a net change of +16 holders.
- The largest Veeva Systems buyer in Q2 2024 was Swedbank, an estimated $205M added.
- The largest Veeva Systems seller in Q2 2024 was T. Rowe Price Associates, an estimated $486M sold.
Based on aggregated 13F filings for Q2 2024.