Veeva Systems
VEEV
184 hedge funds and large institutions have $1.7B invested in Veeva Systems in 2015 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 70 increasing their positions, 40 reducing their positions, and 29 closing their positions.
240% more call options, than puts
Call options by funds: $44.7M | Put options by funds: $13.1M
100% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 29
75% more repeat investments, than reductions
Existing positions increased: 70 | Existing positions reduced: 40
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
19% more funds holding
Funds holding: 155 → 184 (+29)
14.27% more ownership
Funds ownership: 98.23% → 112.5% (+14%)
11% more capital invested
Capital invested by funds: $1.53B → $1.7B (+$165M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$99.9M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$47.1M |
| 3 |
SM
SCGE Management
Menlo Park,
California
|
+$42.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$39.7M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$26.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Criterion Capital Management
San Francisco,
California
|
-$168M |
| 2 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$18.6M |
| 3 |
JCM
Junto Capital Management
New York
|
-$12.9M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$11.5M |
| 5 |
Millennium Management
New York
|
-$10.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OAC
201
OMERS Administration Corp
Toronto,
Ontario, Canada
| – | -$684K | -25,900 | Closed |
|
|
SCA
202
Secor Capital Advisors
New York
| – | -$428K | -16,198 | Closed |
|
|
UFF
203
USA Financial Formulas
Ada,
Michigan
| – | -$401K | -15,170 | Closed |
|
204
Verition Fund Management
Greenwich,
Connecticut
| – | -$336K | -12,733 | Closed |
|
|
CG
205
Clinton Group
New York
| – | -$315K | -11,911 | Closed |
|
|
HMS
206
Hanseatic Management Services
Albuquerque,
New Mexico
| – | -$309K | -11,706 | Closed |
|
|
GS
207
Gagnon Securities
New York
| – | -$252K | -9,534 | Closed |
|
208
M&T Bank
Buffalo,
New York
| – | -$211K | -7,980 | Closed |
|
|
TAM
209
Tocqueville Asset Management
New York
| – | -$203K | -7,700 | Closed |
|
|
PHK
210
Point72 Hong Kong
Hong Kong
| – | -$122K | -4,627 | Closed |
|
|
MSA
211
Mason Street Advisors
Milwaukee,
Wisconsin
| – | -$108K | -4,090 | Closed |
|
|
TDC
212
Thompson Davis & Co
Richmond,
Virginia
| – | -$99K | -3,750 | Closed |
|
|
MLICM
213
Metropolitan Life Insurance Company (MetLife)
New York
| – | -$70K | -2,666 | Closed |
|
VEEV Hedge Fund Activity: Q1 2015 in Review
184 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2015, worth a combined $1.7B — up 11% from $1.53B a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new VEEV positions and 29 closed out — a net gain of 29 holders — while 70 added to existing stakes and 40 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $99.9M. The largest seller was Criterion Capital Management, exiting entirely with an estimated $168M sold.
- 184 institutional investors held Veeva Systems (VEEV) as of Q1 2015, up from 155 in Q4 2014.
- Funds reported $1.7B of Veeva Systems stock for Q1 2015, up 11% quarter-over-quarter.
- 58 funds opened new Veeva Systems positions in Q1 2015 and 29 closed out, a net change of +29 holders.
- The largest Veeva Systems buyer in Q1 2015 was T. Rowe Price Associates, an estimated $99.9M added.
- The largest Veeva Systems seller in Q1 2015 was Criterion Capital Management, an estimated $168M sold.
Based on aggregated 13F filings for Q1 2015.