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Veeva Systems

547 hedge funds and large institutions have $14.7B invested in Veeva Systems in 2019 Q1 according to their latest regulatory filings, with 119 funds opening new positions, 220 increasing their positions, 141 reducing their positions, and 48 closing their positions.

New
Increased
Maintained
Reduced
Closed

148% more first-time investments, than exits

New positions opened: 119 | Existing positions closed: 48

61% more call options, than puts

Call options by funds: $148M | Put options by funds: $92M

56% more repeat investments, than reductions

Existing positions increased: 220 | Existing positions reduced: 141

45% more capital invested

Capital invested by funds: $10.1B → $14.7B (+$4.53B)

38% more funds holding in top 10

Funds holding in top 10: 811 (+3)

14% more funds holding

Funds holding: 478547 (+69)

1.45% more ownership

Funds ownership: 91.06%92.51% (+1.5%)

Holders
547
Holders Change
+69
Holders Change %
+14.44%
% of All Funds
11.84%
Holding in Top 10
11
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+37.5%
% of All Funds
0.24%
New
119
Increased
220
Reduced
141
Closed
48
Calls
$148M
Puts
$92M
Net Calls
+$56.4M
Net Calls Change
+$37.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$1.52B +$40.4M +358,385 +3%
Morgan Stanley
2
Morgan Stanley
New York
$1.42B -$144M -1,273,069 -10%
BlackRock
3
BlackRock
New York
$956M +$61.7M +547,246 +8%
Fidelity Investments
4
Fidelity Investments
Massachusetts
$795M +$38.7M +342,948 +6%
Artisan Partners
5
Artisan Partners
Wisconsin
$767M -$48.4M -429,103 -7%
BCM
6
Brown Capital Management
Maryland
$526M -$53.7M -476,215 -10%
Wellington Management Group
7
Wellington Management Group
Massachusetts
$468M -$77.2M -684,089 -16%
JP Morgan Chase
8
JP Morgan Chase
New York
$408M -$64.2M -569,230 -15%
Federated Hermes
9
Federated Hermes
Pennsylvania
$388M -$55.7M -493,430 -14%
State Street
10
State Street
Massachusetts
$336M +$40.7M +361,254 +16%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$284M -$15M -132,663 -6%
T. Rowe Price Associates
12
T. Rowe Price Associates
Maryland
$281M +$79.9M +708,300 +47%
First Trust Advisors
13
First Trust Advisors
Illinois
$274M -$27.6M -244,464 -10%
William Blair & Company
14
William Blair & Company
Illinois
$269M -$5.11M -45,330 -2%
Wells Fargo
15
Wells Fargo
California
$254M -$24.6M -218,433 -10%
Franklin Resources
16
Franklin Resources
California
$238M +$28.5M +252,936 +16%
Winslow Capital Management
17
Winslow Capital Management
Minnesota
$214M -$41.9M -371,232 -18%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$201M +$31M +274,748 +21%
Bank of America
19
Bank of America
North Carolina
$179M +$26.8M +237,733 +20%
AQR Capital Management
20
AQR Capital Management
Connecticut
$175M +$137M +1,212,517 +686%
Renaissance Technologies
21
Renaissance Technologies
New York
$164M +$28M +248,600 +24%
CIP
22
Champlain Investment Partners
Vermont
$151M +$3.2M +28,335 +2%
FAM
23
Fred Alger Management
New York
$150M -$17.4M -154,603 -12%
New York State Common Retirement Fund
24
New York State Common Retirement Fund
New York
$147M -$9.18M -81,435 -7%
Norges Bank
25
Norges Bank
Norway
$146M +$7.51M +66,559 +6%

VEEV Hedge Fund Activity: Q1 2019 in Review

547 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2019, worth a combined $14.7B — up 45% from $10.1B a quarter earlier.

Buyers outnumbered sellers: 119 funds opened new VEEV positions and 48 closed out — a net gain of 71 holders — while 220 added to existing stakes and 141 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $137M. The largest seller was Morgan Stanley, cutting an estimated $144M.

  • 547 institutional investors held Veeva Systems (VEEV) as of Q1 2019, up from 478 in Q4 2018.
  • Funds reported $14.7B of Veeva Systems stock for Q1 2019, up 45% quarter-over-quarter.
  • 119 funds opened new Veeva Systems positions in Q1 2019 and 48 closed out, a net change of +71 holders.
  • The largest Veeva Systems buyer in Q1 2019 was AQR Capital Management, an estimated $137M added.
  • The largest Veeva Systems seller in Q1 2019 was Morgan Stanley, an estimated $144M sold.

Based on aggregated 13F filings for Q1 2019.