Veeva Systems
VEEV
216 hedge funds and large institutions have $3.29B invested in Veeva Systems in 2016 Q2 according to their latest regulatory filings, with 57 funds opening new positions, 82 increasing their positions, 55 reducing their positions, and 17 closing their positions.
292% more call options, than puts
Call options by funds: $62.6M | Put options by funds: $16M
235% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 17
49% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 55
48% more capital invested
Capital invested by funds: $2.23B → $3.29B (+$1.07B)
20% more funds holding
Funds holding: 180 → 216 (+36)
9.46% less ownership
Funds ownership: 109.48% → 100.02% (-9.5%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$84.7M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
+$65.4M |
| 3 |
Two Sigma Investments
New York
|
+$39M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$37.9M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$37.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$42.5M |
| 2 |
JP Morgan Chase
New York
|
-$37.3M |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$33M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$30.5M |
| 5 |
SM
SCGE Management
Menlo Park,
California
|
-$30M |
VEEV Hedge Fund Activity: Q2 2016 in Review
216 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2016, worth a combined $3.29B — up 48% from $2.23B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new VEEV positions and 17 closed out — a net gain of 40 holders — while 82 added to existing stakes and 55 trimmed.
The largest buyer was Wells Fargo, adding an estimated $84.7M. The largest seller was T. Rowe Price Associates, cutting an estimated $42.5M.
- 216 institutional investors held Veeva Systems (VEEV) as of Q2 2016, up from 180 in Q1 2016.
- Funds reported $3.29B of Veeva Systems stock for Q2 2016, up 48% quarter-over-quarter.
- 57 funds opened new Veeva Systems positions in Q2 2016 and 17 closed out, a net change of +40 holders.
- The largest Veeva Systems buyer in Q2 2016 was Wells Fargo, an estimated $84.7M added.
- The largest Veeva Systems seller in Q2 2016 was T. Rowe Price Associates, an estimated $42.5M sold.
Based on aggregated 13F filings for Q2 2016.