Veeva Systems
VEEV
478 hedge funds and large institutions have $10.1B invested in Veeva Systems in 2018 Q4 according to their latest regulatory filings, with 92 funds opening new positions, 169 increasing their positions, 152 reducing their positions, and 70 closing their positions.
31% more first-time investments, than exits
New positions opened: 92 | Existing positions closed: 70
22% more call options, than puts
Call options by funds: $106M | Put options by funds: $86.5M
11% more repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 152
4% more funds holding
Funds holding: 459 → 478 (+19)
0.11% less ownership
Funds ownership: 91.17% → 91.06% (-0.11%)
16% less capital invested
Capital invested by funds: $12.1B → $10.1B (-$1.94B)
38% less funds holding in top 10
Funds holding in top 10: 13 → 8 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$210M |
| 2 |
JP Morgan Chase
New York
|
+$130M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$130M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$45.5M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$44.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$74.5M |
| 2 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$72.1M |
| 3 |
BlackRock
New York
|
-$65.7M |
| 4 |
Two Sigma Investments
New York
|
-$43.1M |
| 5 |
Renaissance Technologies
New York
|
-$35.5M |
VEEV Hedge Fund Activity: Q4 2018 in Review
478 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q4 2018, worth a combined $10.1B — down 16% from $12.1B a quarter earlier.
Buyers outnumbered sellers: 92 funds opened new VEEV positions and 70 closed out — a net gain of 22 holders — while 169 added to existing stakes and 152 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $210M. The largest seller was Brown Capital Management, cutting an estimated $74.5M.
- 478 institutional investors held Veeva Systems (VEEV) as of Q4 2018, up from 459 in Q3 2018.
- Funds reported $10.1B of Veeva Systems stock for Q4 2018, down 16% quarter-over-quarter.
- 92 funds opened new Veeva Systems positions in Q4 2018 and 70 closed out, a net change of +22 holders.
- The largest Veeva Systems buyer in Q4 2018 was Fidelity Investments, an estimated $210M added.
- The largest Veeva Systems seller in Q4 2018 was Brown Capital Management, an estimated $74.5M sold.
Based on aggregated 13F filings for Q4 2018.