Veeva Systems
VEEV
623 hedge funds and large institutions have $16.4B invested in Veeva Systems in 2019 Q4 according to their latest regulatory filings, with 108 funds opening new positions, 234 increasing their positions, 195 reducing their positions, and 73 closing their positions.
48% more first-time investments, than exits
New positions opened: 108 | Existing positions closed: 73
20% more repeat investments, than reductions
Existing positions increased: 234 | Existing positions reduced: 195
17% more funds holding in top 10
Funds holding in top 10: 12 → 14 (+2)
3% more funds holding
Funds holding: 602 → 623 (+21)
0.26% less ownership
Funds ownership: 88.46% → 88.2% (-0.26%)
8% less capital invested
Capital invested by funds: $17.8B → $16.4B (-$1.36B)
21% less call options, than puts
Call options by funds: $184M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$410M |
| 2 |
Morgan Stanley
New York
|
+$284M |
| 3 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$234M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$56M |
| 5 |
VanEck Associates
New York
|
+$50.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$368M |
| 2 |
JP Morgan Chase
New York
|
-$164M |
| 3 |
BlackRock
New York
|
-$145M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$105M |
| 5 |
Renaissance Technologies
New York
|
-$94.9M |
VEEV Hedge Fund Activity: Q4 2019 in Review
623 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q4 2019, worth a combined $16.4B — down 7.7% from $17.8B a quarter earlier.
Buyers outnumbered sellers: 108 funds opened new VEEV positions and 73 closed out — a net gain of 35 holders — while 234 added to existing stakes and 195 trimmed.
The largest buyer was T. Rowe Price Associates, adding an estimated $410M. The largest seller was Fidelity Investments, cutting an estimated $368M.
- 623 institutional investors held Veeva Systems (VEEV) as of Q4 2019, up from 602 in Q3 2019.
- Funds reported $16.4B of Veeva Systems stock for Q4 2019, down 7.7% quarter-over-quarter.
- 108 funds opened new Veeva Systems positions in Q4 2019 and 73 closed out, a net change of +35 holders.
- The largest Veeva Systems buyer in Q4 2019 was T. Rowe Price Associates, an estimated $410M added.
- The largest Veeva Systems seller in Q4 2019 was Fidelity Investments, an estimated $368M sold.
Based on aggregated 13F filings for Q4 2019.