Veeva Systems
VEEV
620 hedge funds and large institutions have $18.6B invested in Veeva Systems in 2019 Q2 according to their latest regulatory filings, with 129 funds opening new positions, 204 increasing their positions, 219 reducing their positions, and 49 closing their positions.
163% more first-time investments, than exits
New positions opened: 129 | Existing positions closed: 49
55% more funds holding in top 10
Funds holding in top 10: 11 → 17 (+6)
53% more call options, than puts
Call options by funds: $250M | Put options by funds: $163M
27% more capital invested
Capital invested by funds: $14.7B → $18.6B (+$3.92B)
13% more funds holding
Funds holding: 548 → 620 (+72)
7% less repeat investments, than reductions
Existing positions increased: 204 | Existing positions reduced: 219
4.19% less ownership
Funds ownership: 92.51% → 88.32% (-4.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$180M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$140M |
| 3 |
Nuveen
Charlotte,
North Carolina
|
+$130M |
| 4 |
Goldman Sachs
New York
|
+$120M |
| 5 |
D.E. Shaw & Co
New York
|
+$101M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$589M |
| 2 |
William Blair Investment Management
Chicago,
Illinois
|
-$257M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$252M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$128M |
| 5 |
BCM
Brown Capital Management
Baltimore,
Maryland
|
-$95.7M |
VEEV Hedge Fund Activity: Q2 2019 in Review
620 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q2 2019, worth a combined $18.6B — up 27% from $14.7B a quarter earlier.
Buyers outnumbered sellers: 129 funds opened new VEEV positions and 49 closed out — a net gain of 80 holders — while 204 added to existing stakes and 219 trimmed.
The largest buyer was BlackRock, adding an estimated $180M. The largest seller was Morgan Stanley, cutting an estimated $589M.
- 620 institutional investors held Veeva Systems (VEEV) as of Q2 2019, up from 548 in Q1 2019.
- Funds reported $18.6B of Veeva Systems stock for Q2 2019, up 27% quarter-over-quarter.
- 129 funds opened new Veeva Systems positions in Q2 2019 and 49 closed out, a net change of +80 holders.
- The largest Veeva Systems buyer in Q2 2019 was BlackRock, an estimated $180M added.
- The largest Veeva Systems seller in Q2 2019 was Morgan Stanley, an estimated $589M sold.
Based on aggregated 13F filings for Q2 2019.