Veeva Systems
VEEV
606 hedge funds and large institutions have $19B invested in Veeva Systems in 2020 Q1 according to their latest regulatory filings, with 83 funds opening new positions, 206 increasing their positions, 232 reducing their positions, and 94 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 14 → 21 (+7)
16% more capital invested
Capital invested by funds: $16.4B → $19B (+$2.64B)
3.86% more ownership
Funds ownership: 88.2% → 92.06% (+3.9%)
6% less call options, than puts
Call options by funds: $212M | Put options by funds: $225M
3% less funds holding
Funds holding: 623 → 606 (-17)
11% less repeat investments, than reductions
Existing positions increased: 206 | Existing positions reduced: 232
12% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$623M |
| 2 |
Morgan Stanley
New York
|
+$574M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$183M |
| 4 |
Artisan Partners
Milwaukee,
Wisconsin
|
+$177M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$93.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$142M |
| 2 |
BlackRock
New York
|
-$133M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$118M |
| 4 |
Two Sigma Advisers
New York
|
-$94.3M |
| 5 |
JP Morgan Chase
New York
|
-$82.6M |
VEEV Hedge Fund Activity: Q1 2020 in Review
606 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Veeva Systems (VEEV) for Q1 2020, worth a combined $19B — up 16% from $16.4B a quarter earlier.
Sellers outnumbered buyers: 94 funds closed out of VEEV and 83 opened new positions — a net loss of 11 holders — while 232 trimmed existing stakes and 206 added.
The largest buyer was T. Rowe Price Associates, adding an estimated $623M. The largest seller was Arrowstreet Capital, cutting an estimated $142M.
- 606 institutional investors held Veeva Systems (VEEV) as of Q1 2020, down from 623 in Q4 2019.
- Funds reported $19B of Veeva Systems stock for Q1 2020, up 16% quarter-over-quarter.
- 83 funds opened new Veeva Systems positions in Q1 2020 and 94 closed out, a net change of -11 holders.
- The largest Veeva Systems buyer in Q1 2020 was T. Rowe Price Associates, an estimated $623M added.
- The largest Veeva Systems seller in Q1 2020 was Arrowstreet Capital, an estimated $142M sold.
Based on aggregated 13F filings for Q1 2020.