Veeva Systems
VEEV
686 hedge funds and large institutions have $28.3B invested in Veeva Systems in 2020 Q2 according to their latest regulatory filings, with 147 funds opening new positions, 241 increasing their positions, 216 reducing their positions, and 62 closing their positions.
137% more first-time investments, than exits
New positions opened: 147 | Existing positions closed: 62
48% more capital invested
Capital invested by funds: $19.2B → $28.3B (+$9.14B)
35% more call options, than puts
Call options by funds: $568M | Put options by funds: $419M
13% more funds holding
Funds holding: 605 → 686 (+81)
12% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 216
10% more funds holding in top 10
Funds holding in top 10: 21 → 23 (+2)
3.46% less ownership
Funds ownership: 92.82% → 89.35% (-3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$240M |
| 2 |
DVF
Discovery Value Fund
Singapore
|
+$174M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$129M |
| 4 |
NIPH
NN Investment Partners Holdings
The Hague,
Netherlands
|
+$74.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$66.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$409M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
-$271M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$146M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$88.9M |
| 5 |
UBS AM
Chicago,
Illinois
|
-$85M |
VEEV Hedge Fund Activity: Q2 2020 in Review
686 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2020, worth a combined $28.3B — up 48% from $19.2B a quarter earlier.
Buyers outnumbered sellers: 147 funds opened new VEEV positions and 62 closed out — a net gain of 85 holders — while 241 added to existing stakes and 216 trimmed.
The largest buyer was BlackRock, adding an estimated $240M. The largest seller was Wellington Management Group, cutting an estimated $409M.
- 686 institutional investors held Veeva Systems (VEEV) as of Q2 2020, up from 605 in Q1 2020.
- Funds reported $28.3B of Veeva Systems stock for Q2 2020, up 48% quarter-over-quarter.
- 147 funds opened new Veeva Systems positions in Q2 2020 and 62 closed out, a net change of +85 holders.
- The largest Veeva Systems buyer in Q2 2020 was BlackRock, an estimated $240M added.
- The largest Veeva Systems seller in Q2 2020 was Wellington Management Group, an estimated $409M sold.
Based on aggregated 13F filings for Q2 2020.