Veeva Systems
VEEV
164 hedge funds and large institutions have $2.04B invested in Veeva Systems in 2015 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 81 increasing their positions, 42 reducing their positions, and 39 closing their positions.
528% more call options, than puts
Call options by funds: $63.8M | Put options by funds: $10.2M
93% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 42
20% more capital invested
Capital invested by funds: $1.7B → $2.04B (+$341M)
10.71% less ownership
Funds ownership: 112.5% → 101.79% (-11%)
11% less funds holding
Funds holding: 184 → 164 (-20)
49% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 39
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$65.6M |
| 2 |
JP Morgan Chase
New York
|
+$43.5M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$32.2M |
| 4 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
+$31.7M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$19.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$16.6M |
| 2 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$16.5M |
| 3 |
JRP
Jasper Ridge Partners
Menlo Park,
California
|
-$11.4M |
| 4 |
Morgan Stanley
New York
|
-$9.85M |
| 5 |
NIP
Nicholas Investment Partners
Rancho Santa Fe,
California
|
-$9.49M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Creative Planning
Overland Park,
Kansas
| – | -$64K | -2,500 | Closed |
|
|
QT
202
Quantbot Technologies
New York
| – | -$10K | -418 | Closed |
|
|
IC
203
Intersect Capital
San Ramon,
California
| – | -$3K | -100 | Closed |
|
VEEV Hedge Fund Activity: Q2 2015 in Review
164 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2015, worth a combined $2.04B — up 20% from $1.7B a quarter earlier.
Sellers outnumbered buyers: 39 funds closed out of VEEV and 20 opened new positions — a net loss of 19 holders — while 42 trimmed existing stakes and 81 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $65.6M. The largest seller was Fidelity Investments, cutting an estimated $16.6M.
- 164 institutional investors held Veeva Systems (VEEV) as of Q2 2015, down from 184 in Q1 2015.
- Funds reported $2.04B of Veeva Systems stock for Q2 2015, up 20% quarter-over-quarter.
- 20 funds opened new Veeva Systems positions in Q2 2015 and 39 closed out, a net change of -19 holders.
- The largest Veeva Systems buyer in Q2 2015 was T. Rowe Price Associates, an estimated $65.6M added.
- The largest Veeva Systems seller in Q2 2015 was Fidelity Investments, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2015.