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Veeva Systems

104 hedge funds and large institutions have $958M invested in Veeva Systems in 2014 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 40 increasing their positions, 22 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

123.29% more ownership

Funds ownership: 114.08%237.37% (+123%)

120% more first-time investments, than exits

New positions opened: 33 | Existing positions closed: 15

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

82% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 22

75% more capital invested

Capital invested by funds: $549M → $958M (+$409M)

21% more call options, than puts

Call options by funds: $43M | Put options by funds: $35.5M

20% more funds holding

Funds holding: 87104 (+17)

Holders
104
Holders Change
+17
Holders Change %
+19.54%
% of All Funds
3%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.06%
New
33
Increased
40
Reduced
22
Closed
15
Calls
$43M
Puts
$35.5M
Net Calls
+$7.42M
Net Calls Change
+$15.4M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$196M +$212M +6,547,456 +807%
BA
2
BlackRock Advisors
Delaware
$141M +$119M +3,675,227 +230%
CCM
3
Criterion Capital Management
California
$98.1M +$98.4M +3,039,951 +478%
Wells Fargo
4
Wells Fargo
California
$56M +$67.6M +2,090,237 +32,871%
ECM
5
Empire Capital Management
Connecticut
$53.4M +$35.2M +1,088,600 +119%
JP Morgan Chase
6
JP Morgan Chase
New York
$42.8M +$24.2M +748,599 +88%
BG
7
BlackRock Group
United Kingdom
$42M +$36.9M +1,139,102 +261%
Federated Hermes
8
Federated Hermes
Pennsylvania
$39.1M +$24.3M +750,000 +105%
Vanguard Group
9
Vanguard Group
Pennsylvania
$38M +$24.1M +743,468 +109%
Marshall Wace
10
Marshall Wace
United Kingdom
$21.4M +$25.9M +800,168 New
GGHC
11
Gilder Gagnon Howe & Co
New York
$19.6M -$10.8M -334,991 -31%
Morgan Stanley
12
Morgan Stanley
New York
$18.9M +$3.13M +96,847 +16%
CGI
13
CI Global Investments
California
$18.7M +$7.96M +245,925 +54%
SM
14
SCGE Management
California
$18M +$20.7M +640,000 +1,829%
BIT
15
BlackRock Institutional Trust
California
$12.1M +$2.2M +68,018 +18%
Citadel Advisors
16
Citadel Advisors
Florida
$10.1M +$4.44M +137,212 +57%
BIM
17
BlackRock Investment Management
Delaware
$9.34M +$7.99M +247,071 +241%
TI
18
Turner Investments
Pennsylvania
$9.25M +$3.67M +113,457 +49%
AIM
19
Assured Investment Management
New York
$7.83M +$9.49M +293,239 New
Franklin Resources
20
Franklin Resources
California
$7.07M +$3.82M +118,100 +80%
TIM
21
Thornburg Investment Management
New Mexico
$6.99M
NCGI
22
Next Century Growth Investors
Minnesota
$6.89M -$15.9M -489,991 -66%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$6.18M +$5.83M +180,127 +350%
State Street
24
State Street
Massachusetts
$4.42M +$1.3M +40,286 +32%
TCM
25
Tygh Capital Management
Oregon
$4.39M +$5.32M +164,552 New

VEEV Hedge Fund Activity: Q1 2014 in Review

104 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2014, worth a combined $958M — up 75% from $549M a quarter earlier.

Buyers outnumbered sellers: 33 funds opened new VEEV positions and 15 closed out — a net gain of 18 holders — while 40 added to existing stakes and 22 trimmed.

The largest buyer was T. Rowe Price Associates, adding an estimated $212M. The largest seller was Fidelity Investments, cutting an estimated $68.4M.

  • 104 institutional investors held Veeva Systems (VEEV) as of Q1 2014, up from 87 in Q4 2013.
  • Funds reported $958M of Veeva Systems stock for Q1 2014, up 75% quarter-over-quarter.
  • 33 funds opened new Veeva Systems positions in Q1 2014 and 15 closed out, a net change of +18 holders.
  • The largest Veeva Systems buyer in Q1 2014 was T. Rowe Price Associates, an estimated $212M added.
  • The largest Veeva Systems seller in Q1 2014 was Fidelity Investments, an estimated $68.4M sold.

Based on aggregated 13F filings for Q1 2014.